Honda India Power Products Limited — Others, 21-08-2025: Shareholders meeting

Honda India Power Products' 40th Annual General Meeting is set to review company performance and approve key proposals. For FY25, revenue was Rs 794.23 Cr and PAT Rs 79.94 Cr, both declining from last year. The board proposes a final dividend of Rs 21.50 per share. Strategically, the company plans to expand into Electric Motor Units manufacturing. Significant related party transactions with Honda Motor Co. Ltd., Japan, are up for approval, including royalty payments (up to Rs 42.00 Cr) and various essential operational agreements for FY26-27. Debt Service Coverage Ratio improved due to decreased lease liabilities, but Trade Receivable Turnover declined due to increased credit sales.