About the Company

Honeywell Automation India Limited (HAIL) is a leading industrial automation company incorporated in 1984 and listed on BSE and NSE. It designs, manufactures and trades industrial process control systems and sensing/measurement equipment, and provides installation, engineering and maintenance services for automation systems across India and global markets through Honeywell affiliates . The company operates one plant (Fulgaon, near Pune) and maintains eight offices in India and four overseas offices. 

HAIL serves customers across 36 Indian states/UTs and in 56 countries; exports contribute 41.88 Per cent of turnover . As per Ind-AS, HAIL reports a single business segment—Automation & Control Systems—spanning process solutions and sensing solutions for industries such as oil and gas, refining, chemicals and petrochemicals, pharma and life sciences, metals, industrial power generation and more  . The company is part of the global Honeywell group through HAIL Mauritius Limited (holding 75 Per cent), and it has zero subsidiaries  .

Recent milestones include the appointment of a new Managing Director and the 41st Annual Report/AGM cycle, reflecting continuity in governance. HAIL also achieved ISO 45001 and ISO 14001 certifications during the year, underscoring a focus on safety and environmental management .

Business Segments:

• By business activity (contribution to turnover): Manufacturing 56 Per cent; Services 29 Per cent; Trading 15 Per cent .
• By geography: Exports 41.88 Per cent; Domestic 58.12 Per cent .

Key Management:

• Dr. Ganesh Natarajan – Independent Director & Chairman (Non-Executive) – Board .
• Atul Vinayak Pai – Managing Director (KMP) .
• Pulkit Goyal – Chief Financial Officer (KMP) .
• Indu Daryani – Company Secretary & Compliance Officer (KMP) .

Latest Updates:

• Leadership changes: Ashish Gaikwad resigned as Managing Director on May 15, 2024; Atul Vinayak Pai was appointed Managing Director for five years effective May 16, 2024. Board changes included the appointment of Pedro Thena Garrote on October 29, 2024, and Robert David Mailloux on December 20, 2024 .
• Major wins: HAIL won the Airfield Ground Lighting project at Noida International Airport, bringing intelligent lighting technology to enhance airfield safety and efficiency. The company also secured building automation work for Exide Energy Solutions’ new lithium‑ion gigafactory in Bengaluru, deploying the Enterprise Buildings Integrator platform to boost efficiency, safety and security across the campus .
• Certifications: Achieved ISO 45001 and ISO 14001 during the year, reflecting strengthened health, safety and environmental practices .
• Order momentum: The new orders book increased by 14.1 Per cent year‑on‑year in the latest year, indicating healthy demand visibility .
• Recognitions: Winner of the Golden Peacock Award 2024 for Excellence in Corporate Governance (Engineering sector); the Hadapsar, Pune office was recognised as an “Energy Efficient Unit” by CII; multiple safety recognitions from key customers including Mahindra & Mahindra (Pune), BPCL (Bargarh) and L&T (Navi Mumbai International Airport) .
• AGM: The 41st Annual General Meeting is scheduled for June 27, 2025 via VC/OAVM