AtlasHonda
AHLCñ3098/2025
The General Manager
Pakistan Stock Exchange Limited
St ock Exchange Building Stock Exchange Road KOrO c hi
Subject: FINANCIAL RESUz S FoR run HALF YEAR ENDED SEPTEMBER 30, 2025
Dear Sir.
October 30, 2025
We hereby inform that the Board of Directors of our Company, in its meefing held on Thursday, October 30. 2023, a 1 10:00 a. m. at 2°" floor Federofion House. Shohra-e-Firdousi. Clifton, Karachi, has recommended the following:
CASH DIVIDEND
An interim cash dividend for the half year ended September 30, 2025. at Rs. 46/- Der share i.e. 4d0â.
BONUS SHARES
No bonus shares were recommended for the half year ended September 30. 2025.
RIGHT SHARES
No rig hI shores were recommended for issue for the half year ended September 30, 2025.
The condensed interim financial statements of the Company for the half year ended September 30, 2023. are appended here as Annexures A-D.
The above entitlement will be paid fo Ihe Shareholders whose nomes will appear in the Register of Members on November 12, 2025.
The Share Transfer Books of the C ornoany will be closed on November 13, 2025, and November 14, 2023 (both days inclusivej . Transfers received at the registered office l -Mcleod Road, Lahore/ Share registrar M/s. Hameed Majeed Associates (Pvt.j Limited, H.M. House, 7 Bank Square, 3hahrah-e-Quaid-e-Azam, Lahore at the close of the business on November 12, 2025. will be treated in time for the purpose of above entitlement to the transferee.
Thanking you,
For Atlas Honda Limited
Maheen Fatima Company Secretary
Atlas Honda Limited
Sheikhupura *!• 8!: 26-?.7 *' • Lahere-SI cikhupura Road. She Lhupura. Ph: (9? 56 34t1650 1-08, 3406007 8, 34060 16 F'ax: (92-5 fi j 3406009
Lnhore Office: 01 Meleod Road Labore-5400. US: t92-42) 1I-i i i i -z4s, Ph: (9? 4* 372250 i 5-17. c s i 5- i i fias:(92-4° 3y3 5 } j } 9 Faislabad OfI"ice: I st Floor. MeezaJj Exec utivc y#t, .d L iaquat Road. Faisulabad pg; (99-4 I ) o54 10 ] } . j p#t •(92.y } ) o54 j 0 I y 8*"*^*8 Office. A zinat **' ^!• Ro'1d Mutlan U xN : ‹9?-6 I ) 111 - I 12-4 11 Ph: (93-‹ j 1 4J7198 9. 4540054. 457043 1-4 Fax. {92-fi j I 45'j 1690
isi»m«baa oir te. Islamabad Corpotqte Cer›ter Plot € 784/78f Goh1ra Road isi; mabad. Ph: (92-5 1 )Sd9593 1-7 Fs : (92-5 l )S49 s92 g
Hyderabad Officc: Dawkv6 U zn1zr 2zâ F1oor AUto Bahan R0ad, Lalifabad, Hyderabad. Ph: (92-22) 34 1136 I -9 Fax:(92-? 2) 34 11370
Rafifmyar Kh 8n Office: Makh'3oom AltaI Road. Vest Sadiq Canal Bank, Near City Schoof. Rahim Yar Khan. PM: (068) 58834 13-19. 588 S4 I g-?0 ra x:{068) 58534 14
ANNEXURE-A
ATLAS HONDA LIMITED CONDENSED INTERIM STATEMENT OF FINANCIAL | ||||
POSITION AS AT SEPTEMBER 30, 2025 | ||||
Unaudited | Audited | |||
September 30, | March 31, | |||
2025 | 2025 | |||
Assets Note ------- (Rupees in '000) •- Non current assets | ||||
Property, plant and equipment | 13,059,683 | 12,629,323 | ||
Intangible assets | 24,391 | 23,959 | ||
Long term investments | 6 | 414,608 | 400,519 | |
Long term loans and advances | 117,742 | 119,841 | ||
Long term deposits | 43,892 | 43,887 | ||
13,660,316 | 13,217,529 | |||
Current assets | ||||
Stores, spares and loose tools | 1,203,962 | 993,123 | ||
Stock-in-trade | 7 | 11,123,690 | 8,369,639 | |
Trade debts | 2,329,674 | 2,506,086 | ||
Loans and advances | 100,376 | 102,015 | ||
Trade deposits and prepayments | 518,810 | 290,415 | ||
Accrued mark-up / interest | 529,974 | 1,063,361 | ||
Sales tax and other receivables | 4,360 | 650,643 | ||
Taxation - net | 1,280,167 | 811 | ||
Short term investments | 8 | 33,028,860 | 30,048,664 | |
Bank balances | 32,880,323 | 30,099,343 | ||
83,000,196 | 74,124,100 | |||
96,660,512 | 87,341,629 | |||
ATLAS HONDA LIMITED CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION AS AT SEPTEMBER 30, 2025 | ||
Unaudited September 30, 2025 | Audited March 31, 2025 | |
Equity
Authorized share capital
150,000,000 (March 31, 2025: 150,000,000)
ordinary shares of Rs.10 each
Issued, subscribed and paid-up capital 124,087,935 (March 31, 2025: 124,087,935)
ordinary shares of Rs.10 each Reserves
Liabilities
Non current liabilities Lease liabilities
Staff retirement benefits Deferred taxation
Current liabilities
Trade and other payables Unclaimed dividend Dividend payable
Current portion of lease liabilities
Contingencies and commitments
Note ------- (Rupees in '000) -------
1,500,000 1,500,000
1,240,879 1,240,879
39,527,698 35,121,659
40,768,577 36,362,538
409,084 | 355,322 |
799,774 | 743,615 |
785,345 | 927,367 |
1,994,203 2,026,304
53,583,493 | 48,697,061 |
202,049 | 203,441 |
29,898 | |
82,292 | 52,285 |
9
53,897,732 48,952,787
55,891,935 50,979,091
10
96,660,512 87,341,629The annexed notes 1 to 17 form an integral part of these condensed interim financial statements.
SaoubH.Shiraz CheTE,couLeOdicer
Danyal Ahmed Rasheed
Chief 8inznc›al Officer
ANNEXURE-B
ATLAS HONDA LIMITED
CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME - UNAUDITED FOR THE HALF YEAR ENDED SEPTEMBER 30, 2025
Quarter ended Half year ended September 30, September 30, September 30, September 30,
2025 2024 2025 2024
Note ---------------------------- (Rupees in '000) •-•-------------------------
Sales - net | 63,056,321 | 45,523,571 | 125,337,612 | 92,944,385 | |
Cost of sales | 11 | (55,015,944) | (41,869,630) | (109,474,751) | (84,684,334) |
Gross profit | 8,040,377 | 3,653,941 | 15,862,861 | 8,260,051 | |
Sales and marketing expenses | (1,185,495) | (971,853) | (2,356,655) | (1,868,480) | |
Administrative expenses | (393,587) | (326,483) | (692,494) | (566,480) | |
Other income | 1,807,543 | 2,792,573 | 3,591,015 | 5,222,239 | |
Other operating expenses | (441,400) | (98,783) | (796,170) | (363,122) | |
Share of net profit of an Associate | 15,200 | 17,158 | 30,809 | 27,915 | |
Operating profit | 7,842,638 | 5,066,553 | 15,639,366 | 10, 712,123 | |
Finance cost | (45,003) | (27,567) | (79,312) | (55,412) | |
Profit before levies and income tax | 7,797,635 | 5,038,986 | 15,560,054 | 10,656,711 | |
Minimum tax differential | (2,504) | (6,763) | (12,779) | ||
Final taxes | (49) | (66,355) | (1,991) | (273,446) | |
Profit before income tax 7,797,586 Income tax | 4,970,127 | 15,551,300 | 10,370,486 | ||
Current tax - for the year | (2,970,821) | (1,439,512) | (6,075,590) | (3,515,661) | |
- for the prior years | (314,767) | (314,767) | |||
Deferred tax - (charge) / income | (16,299) | (72,385) | 142,022 | 80,777 | |
(2,987,120) | (1,826,664) | (5,933,568) | (3,749,651 ) | ||
Profit for the period 4,810,466 Other comprehensive income | 3,143,463 | 9,617,732 | 6,620,835 | ||
Total comprehensive income for the period 4,810,466 | 3,143,463 | 9,617,732 | 6,620,835 | ||
-----•--------------------------- (Rupees) •--
Earnings per share
- basic and diluted 12 38.77 25.33 77.51
The annexed notes to 17 form an inlegral part of these condensed interim financial statements.
53.36
Saquib H. Shirazi CL‹ief Executive Officer
Danyal Ahmed Rasheed Chief Financial Officer
ANNEXURE-C
ATLAS HONDA LIMITED
CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY -
UNAUDITED FOR THE HALF YEAR ENDED SEPTEMBER 30, 2025Issued, Capital reserves Revenuereserves
subscribed
up
land
and paid-
Share
remium
Gain on
sale of
Generai Unappro-
reserve Fiated
Total
--------•--- (Rupees in '000) -
Balance as at April 1, 2024 (Audited) 1,240,879 39,953 165 9,492,000 17,994,572 28,767,569
Total comprehensive income for the half year ended September 30, 2024
6,620,835 | 6,620,835 |
Profit for the period
Other comprehensive income
6,620,835 6,620,835
Transactions with owners
in their capacity as owners
Final cash dividend for the year ended March 31, 2024 at the rate of Rs.30 per share | (3,722,638) | (3,722,638) | ||||
Balance as at September 30, 2024 (Unaudited) | t,240,879 | 39,953 | 165 | 9,492,000 | 20,892,769 | 31,665,766 |
Transaction with owners
in their capacity as owners
8,630,780 | 8,630,780 | ||||
36,806 | 36,806 |
Interim dividend for the half year
ended September 30, 2024 at the rate of Rs.32 per share | - | - | (3,970,814) | (3,970,814) | ||
Total Comprehensive income for six months period ended March 31, 2025 | ||||||
Profit for the period Other comprehensive income | ||||||
- | - | - | - | 8,667,586 | 8,667,586 | |
Balance as at March 31, 2025 (Audited) | 1,240,879 | 39,953 | 165 | 9,492,000 | 25,589,541 | 36,362,538 |
Transaction with owners | ||||||
in their capacity as owners | ||||||
Final cash dividend for the year | ||||||
ended March 31, 2025 at | ||||||
the rate of Rs.42 per share Total comprehensive income for the half year ended September 30, 2025 | (5,211,693) | (5,211,693) | ||||
Profit for the period | ||||||
Other comprehensive income | ||||||
9,61Z,732 | 9,617,732 | |||||
Balance as at September 30, 2025 (Unaudited) | 1,240,879 39,953 165 | 4 2 | 29,995,580 40,768,577 | |||
- | - - | 9,617,732 | 9,617,732 |
The annexed notes 1 to 17 form an inlegral oart of these condensed interim financial statements.
DanyaT Ahmed Rasheed Chief Financial Officer
ANNEXURE-D
ATLAS HONDA LIMITED
CONDENSED INTERIM STATEMENT OF CASH FLOWS -UNAUDITED FOR THE HALF YEAR ENDED SEPTEMBER 30, 2025
Half year ended
Cash flows from operating activities
September 30,
2025 2024
Note ------ (Rupees in '000) ------
Cash generated from operations | 13 | 16,186,801 | 2,491,557 |
Income taxes paid (including deducted at source) | (7,363,700) | (3,795,066) | |
Compensated absences paid | (57,030) | (8,945) | |
Mark-up / interest received | 2,591,877 | 2,271,605 | |
Workers' profit participation fund paid | (665,097j | (384,717) | |
Long term loans and advances - net | 2,099 | (4,700) | |
Long term deposits - net | (5) | (2,210) | |
Net cash generated from operating activities | 10,694,945 | 567,524 | |
Cash flows from investing activities | |||
Payments for property, plant and equipment | (1,255,205) | (823,597) | |
Payments for intangible asset | (8,539) | (9,473) | |
Proceeds from sale of property, plant and equipment | 103,644 | 80,170 | |
Payments for investments | (25,725,358) | (18,195,394) | |
Proceeds from sale of investments | 24,203,930 | 5,312,199 | |
Dividend received | 29,990 | 1,609,279 | |
Net cash used in investing activities | (2,651,538) | (12,026,816) | |
Cash flows from financing activities | |||
Lease rentals paid | (79,240) | (60,632) | |
Dividend paid | (5,183,187) | (4,438,794) | |
Net cash used in financing activities | (5,262,427) | (4,499,426) | |
Net increase I (decrease) in cash and cash equivalents | 2,780,980 | (15,958,718) | |
Cash and cash equivalents at beginning of the period | 30,099,343 | 36,369,606 | |
Cash and cash equivalents at end of the period | 32,880,323 | 20,410,888 |
The annexed notes 1 to 17 form an integral part of these condensed interim financial statements.
Saquib H. Shirazi
Chiei Executive Officer
Danyal Ahmed Rasheed
Chief Financial Officer