Overview of Honeywell Electrical Devices And Systems Unlisted Shares:
Honeywell Electrical Devices And Systems unlisted shares, a privately held company incorporated on August 22, 1984, and headquartered in Chennai, India, functions as an affiliate of Honeywell International Inc., a prominent Fortune 100 enterprise. Specializing in both the manufacturing and trading of electrical devices and control systems, the company holds a notable position in the market for electrical wiring devices and accessories. In the fiscal year 2022-23, the company demonstrated its dedication to social responsibility by allocating Rs 3.38 lakhs towards Corporate Social Responsibility (CSR) endeavors, reflecting its commitment to societal betterment and community welfare.
Product and Services by Honeywell Electrical Devices And Systems Unlisted Shares:
Honeywell Electrical Devices And System's unlisted shares are primarily engaged in the manufacturing and trading of electrical devices and control systems. These products encompass switches, sockets, cable management systems, lighting management systems, and various other wiring devices.
Revenue of Honeywell Electrical Devices And Systems Unlisted Shares:
Over the span of four years, Honeywell Electrical Devices And System's unlisted shares have seen a consistent rise in its revenue from operations, all figures stated in Indian Rupees (INR), crore. Beginning at 85.14 crore INR in 2020, the revenue saw a slight uptick to 85.48 crore INR in 2021. However, a notable surge was observed in 2022, with revenue soaring to 121.40 crore INR. This upward trajectory continued in 2023, with revenue climbing even higher to 151.19 crore INR.
Unlisted Shares of Honeywell Electrical Devices And Systems and its Shareholding Pattern:
Honeywell Electrical Devices And Systems unlisted shares have been involved in corporate activities. Most of its shares, about 91.00%, belong to its parent company, Novar ED&S Limited, U.K. The rest, around 9.00%, are held by other entities.
Honeywell Electrical Devices And Systems Unlisted Share Price:
The current Honeywell Electrical Devices And Systems Unlisted share price as of April 19, 2024, is at Rs ₹ 25 per share.
Honeywell Electrical Devices And Systems Unlisted Share Price in Depth
Face Value of Honeywell Electrical Devices And Systems: ₹ 10
Price per share as of April 19, 2024: ₹ 25
You can check the Current Honeywell Electrical Devices And Systems Share Price at Precize.in
Price history of Unlisted Shares of Honeywell Electrical Devices And Systems:
Financial Background and Growth of Honeywell Electrical Devices And Systems Unlisted Shares.
Balance Sheet of Honeywell Electrical Devices And Systems Unlisted Shares:
Income Statement of Honeywell Electrical Devices And Systems Unlisted Shares:
Growth Opportunities and Challenges for Honeywell Electrical Devices And Systems Unlisted Shares.
Opportunities for Honeywell Electrical Devices And Systems Unlisted Shares Unlisted Shares:
The demand for switch gears and grid equipment is projected to surge in the upcoming years, propelled by factors like industrial growth and infrastructure expansion, supported by various initiatives led by the Government of India. This uptick is expected to significantly contribute to the expansion of the electric manufacturing industry.
Challenges for Honeywell Electrical Devices And Systems Unlisted Shares:
Honeywell Electrical Devices And Systems unlisted shares face notable challenges particularly stiff competition within the industry. Competing for revenues and market share poses a significant hurdle for the company.
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