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Honda Atlas Cars (Pakistan) Limited HCAR

Market open

Rs 223.00

+1.10 (+0.50%)

Vol99,011Updated15:4718 Sep 2026

At a Glance

The headline take on HCAR — valuation, income, returns, and efficiency

Consolidated snapshot

Honda Atlas Cars (Pakistan) Limited (HCAR) is an Automobile Assembler company listed on the Pakistan Stock Exchange. As of 18 Sep 2026, HCAR last traded at Rs 223.00 (+0.50% on the day) with a market cap of Rs 31.69B and a free float of 20.0%. Over the last 12 months the stock has returned -25.2%. Cash dividends declared over the trailing 12 months total Rs 9.00/share (yield 4.1%). The stock trades at a P/E of 9.8x. A member of the KMI-30 and KSE-100 indices.

Prices through 18 Sep 2026 · FY data through FY26 · Quarterly through Jun-26

9.8x
Rs 22.64
1Y Return
-25.2%
Rs 31.69B

Price & Performance

Closing prices across timeframes, returns, and range context

HCAR — Price History

Daily closing series · toggle period below

1M Return-5.4%
3M Return-16.3%
6M Return+33.2%
1Y Return-25.2%
Day's Range75% of range
Rs 223.00
LowRs 218.50
HighRs 224.50
52-Week Range44% of range
Rs 223.00
LowRs 147.50
HighRs 318.00

Key Metrics

Valuation, profitability, structure, and risk in one grid

9.8xTrailing annual EPS
Rs 22.64Latest annual · basic
1.25xBook Rs 178.14
4.06%Rs 9.00/sh trailing 12m
0.87Lower than market
Rs 31.69BMid cap
20.0%28.56M shares
9.59High leverage
13.2%Latest annual
Rs 10Per share

Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

HCAR has paid Rs 9.00 per share in cash dividends over the trailing 12 months — a 4.1% yield at the last close. Its most recent payout was Rs 9.00/share, announced 19 May 2026 with book closure from 16 Jun 2026. Annual dividend-per-share history back to 2017 is charted below.

Latest Payout

Per Share
Rs 9.00
Trailing Yield
4.06%
Payout Ratio
Announced
19 May 2026

Dividend Per Share Trend

2022
Rs 7.00
2023
Rs 0.00
2024
Rs 6.50
2025
Rs 8.00
2026
Rs 9.00

Payout History

Source: PSX company payouts

AnnouncedFor PeriodTypeAmountBook Closure
19 May 2026 (YR)CashRs 9.00(90%)16 Jun 2026 – 29 Jun 2026
23 May 202531 Mar 2025 (YR)CashRs 8.00(80%)12 Jun 2025 – 24 Jun 2025

Financials & Earnings

Income, balance sheet, and key ratios from published accounts

HCAR's market capitalisation stands at Rs 31.69B as of 17 Sep 2026 down 24.7% over the past 12 months (from Rs 42.06B).

Financial Statements

How HCAR's income and balance sheet have evolved

PKR MillionsJun-26Mar-26Dec-25Sep-25Jun-25Mar-25Dec-24Sep-24Trend
Net Sales / Revenue37,201.6837,30033,10325,41826,46227,65317,84516,597
Cost of Sales34,335.1934,51030,60523,49824,18724,86416,20215,376
Gross Profit2,866.52,7892,4981,9202,2752,7891,6431,221
Administrative Expenses573.71710583613604602457438
Operating Profit1,5061,4651,0091,3211,6421,039602
EBITDA1,9021,8391,4071,7332,0511,4431,000
Other Income2,089.8289037449555337019085
Financial Charges631.09936553315203347215193
Profit Before Tax2,974.791,3021,2031,1221,4611,468996426
Taxation489.14295547380632214430169
Profit After Tax2,485.651,0086557428281,682566258
EPS - Basic (Rs)Rs 17.41Rs 7.05Rs 4.59Rs 5.20Rs 5.80Rs 11.78Rs 3.97Rs 1.80

Showing 8 of 8 quarters · scroll horizontally to see more periods.

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · Mar-26

RatioValue
Net profit margin2.7%
Gross profit margin7.5%
EBITDA margin5.1%
EBIT margin4.0%

Net profit margin

Net profit ÷ revenue · %

0.0%1.5%3.0%4.6%6.1%1.6%Sep-24Dec-24Mar-25Jun-25Sep-252.0%Dec-252.7%Mar-26Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · Jun-26

RatioValue
Current ratio1.92
Quick ratio0.40
Cash ratio0.09
Asset turnover0.69x
Effective tax rate16.4%

Current ratio

Current assets ÷ current liabilities

0.000.480.961.441.921.77Sep-24Dec-24Mar-25Jun-25Sep-25Dec-251.60Mar-261.92Jun-26Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 31.69B

Rs 43.75BRs 30.81BRs 17.87BRs 4.93BSep 25Nov 25Jan 26Mar 26May 26Jul 26Rs 31.69B

Valuation & Capital Returns

What the market is paying for HCAR, and what it returns to shareholders

Latest · Mar-26

RatioValue
Price to earnings21.50x
Price to book0.85x
EV / EBITDA11.97x
Price to sales0.58x

Price to earnings

Period-end price ÷ EPS · times

0.00x34.77x69.54x104.30x139.07x139.07xSep-24Dec-24Mar-25Jun-25Sep-2559.80xDec-2521.50xMar-26Period
Earlier periodsLatest period

Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
SELL

10-day SMA (Rs 224.63) is below the 30-day SMA (Rs 232.44). RSI at 43 sits in the neutral band.

As of17 Sep 2026

PeriodValuevs CurrentPosition
SMA 10Rs 224.63+0.73%Below
SMA 30Rs 232.44+4.23%Below
SMA 60Rs 237.07+6.31%Below
SMA 200Rs 231.61+3.86%Below
43Neutral
0 · Oversold305070100 · Overbought

At 43, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.

MACD
Bearish Cross
  • MACD-4.61
  • Signal-3.72
  • Histogram-0.90
R2Resistance 2
Rs 271.76
21.9%
R1Resistance 1
Rs 246.83
10.7%
NOWCurrent
Rs 223.00
S1Support 1
Rs 204.04
-8.5%
S2Support 2
Rs 186.18
-16.5%

Leverage Insights

MTS, margin financing, futures open interest, and combined exposure

Not MTS-eligible
Rs 126.76M
+4.21% MoMMargin financing
Rs 126.76M
+4.21% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

No blank sales

No net blank (short) sales reported for HCAR on the latest PSX DFC report.

Settlement Insights

UIN-wise settlement concentration and price context

Metrics and charts over the selected trailing window

Latest UIN %52.19%Most recent print
Average · 3M59.97%Mean over window
Change · 3M+15.98%First → last
Range · 3M28.9–88.4%Low–high

Settlement % Trajectory

Solid = UIN settlement % · Dashed = 14-session EMA

As of 17 Sep 2026

Price vs Settlement

Close price (left axis) · UIN settlement % (right axis)

Share Structure & Capital

Float composition, capital base, and enterprise value

Free float · 20.0%Non-float · 80.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 1.43B
Total Shares142.80M
28.56M
20.0%
Year EndMar
Enterprise Value

About the Company

Business description, governance, and corporate information

Honda Atlas Cars (Pakistan) Limited is a public company limited by shares incorporated in Pakistan on November 4, 1992 under the repealed Companies Ordinance, 1984 (now, the Companies Act, 2017). It is a subsidiary of Honda Motor Co., Ltd., Japan. The Company’s principal activities are assembling and progressive manufacturing and sale of Honda vehicles and spare parts. The Company commenced commercial production from July 1994.

KMI-30KSE-100Shariah CompliantAutomobile Assembler

Corporate Information

  • RegistrarM/s Hameed Majeed Associates, HM House, 7-Bank Square, Lahore
  • AuditorM/s A. F. Ferguson & Company Chartered Accountants
  • Websitewww.honda.com.pk
  • Address1-Mcleod Road, Lahore, Pakistan.
  • SectorAutomobile Assembler
  • Financial Year EndMarch

Key People

NameRole
MWMasaya Wakuda
CEO
AHAamir H. Shirazi
Chairperson
MUMujahid ul Mulk
Company Secretary

Recent Announcements

Latest company filings as reported on PSX

Peers in Automobile Assembler

How the cohort is moving — same-sector stocks by market cap

HCAR vs Automobile Assembler sector median

Median across 10 sector constituents · nulls excluded per metric

MetricHCARSector median
9.8x9.8x
4.1%3.1%
13.2%31.9%
1-Year Return-25.2%-9.1%
Rs 31.69BRs 39.34B

Frequently Asked Questions

The most common questions investors ask about HCAR

HCAR is trading at Rs 223.00, up 0.50% on the day, within a 52-week range of Rs 147.50–318.00, from the 15-minute snapshot taken at 15:47 PKT. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.

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