Is Honeywell Automation India Ltd. (HONAUT) Halal?

Honeywell Automation India Ltd. (HONAUT) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Liquidity: Cash 61.09% exceeds limit 33.33%.

What is the dividend purification rate for HONAUT?

The non-permissible dividend purification factor for Honeywell Automation India Ltd. is 3.84%.

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HONAUT

NSECapital GoodsCap: ₹26090.86 Cr

Honeywell Automation India Ltd.

-10.52%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using MSCI criteria

Reasons for Non-Compliance:

Liquidity: Cash 61.09% exceeds limit 33.33%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹26090.86 Cr

P/E Ratio

46.1x

P/B Ratio

5.6x

52W High

₹41,495

52W Low

₹26,220

Div. Yield

37.00%

Shares O/S

88.42 L

Where Does the Money Come From?

Revenue breakdown for Honeywell Automation India Ltd.

Core Capital Goods OperationsPermissible Operating Activity

Permissible: Core operations in Capital Goods.

96.2%of Total Revenue

Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

Non-operating interest income earned from cash and fixed deposits. Requires purification.

3.8%of Total Revenue

About Honeywell Automation India Ltd.

Permissible: Core operations in Capital Goods.

Interest-Bearing Debt Ratio

1.77%Max: ≤ 33.0%

Cash & Securities Liquidity

61.09%Max: ≤ 33.0%

Impure Revenue Ratio

3.84%Max: ≤ 5.0%

Screening Denominator

Total Assets

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Purification & Zakat Calculator

Calculate how much to donate for HONAUT

⚠️ Note: HONAUT is not Halal. The right step is to sell this stock, not just purify the dividends. Keeping a non-compliant investment is not resolved by Sadaqah.