June 26, 2025
The General Manager
Pakistan Stock Exchange I imitcd, Stock Exchange Road
Subject: Financial Results for the Year Ended March 31, 2025
We wish to inform you that the Uoard of Directors of the Company in their meeting held on June 26, 2025, at 11.00 a m at the registered office of the Company situated at D-2, SITE, Manghopir Road, Karachi, has approved the audited financial Statements of the Company for the year ended March 31,
Cash Dividend Bonus / Right ShareS
Nil
Nil
The audited financial statuments of the Company for the year ended March 31, 2025 are appended
The Annual Report of thu Company for the year ended March 31, 202S will be transmitted through PUCAhS separately, within tht speciflcd time.
YoursSncercly,
for Hinopak hdotorsLin ted
Hinopak Motors Limited
Head Office: D-2, S.I.T.E., Manghopir Road, P.O. Box No. 10714, Karachi-75700. Tel: 32563510 (9 Lines) 32563525 (3 Lines UAN : 111- 25-25-25, Fax: 3256-3028 E-Mail: info@hinopak.com Web site : https://www.hinopak.com
I1IN0ZAK M0T085 LIMITED
STATEMENT OF FINANCIAL POSITION AS AT MARCH 31, 2025
ASSETS
Non-current assets
Note 2025
2024
Rupees '000
Property. plant and equipment Intangible assets
Long-term investments
3,737,734
5 10,787
6
3 ^.37,236
9.026
Long-term loans Long-term deposits
Employee benefit prepayments
Current assets
7 45,744 35,274
7,536 8.792
19 8,288 37,023
3,810,089 4,027.351
Inventories
Trade receivables Loans and advances
Trade deposits and prepayments Refunds due from government Other receivables
Taxation - payments less provision Cash and bank balances
Total assets
EQUITY AND LIABILITIES
Share capital and reserves
Issued, subscribed and paid-up capitaJ Capital Reserve
Revaluation surplus on land and buildings
Share premium Revenue Reserve
General reserve
Accumulated loss
LIABILITIES
Non-current liabilities Deferred taxation
Employee benefit obligations
Current liabilities
Trade and other payables Advances from customers
Short-term borrowings - secured
Unclaimed dividend
Total liabilities Commitments
Total equity and liabilities
8 4,688,535
9 224,233
10 26,697
11 30,985
12 250,191
13 114,226
1,257,073
14 167,064
6,759,004
10,569,093
15 248,011
16 2,351,916
2,771,525
17 291,000
(209,109)
5,453,343
154,823 132,619 |
287,442 |
3,891,664 331,g45 591,823 12,876 |
4,828308 |
18
19
20
21
22
5,115,750
23
10,569,093
4, 4 45,84 0
75,395
29,118
126,479
213,525
1,054
1,172,306
165,755
5,929,472
9.956.823
248,011
2,399,541
2,771,525
291.000
(414,372)
5.295.705
188,200 42,156 230,356 |
1,912,048 220,524 2 285,314 12,876 |
4,430,762 |
4,661,118
9,956,82 3
The annexed notes 1 to 43 form an integral part of these financial statements.
Director Chief Executive Officer
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE YEAR ENDED MARCH 31, 2025
Note 2025
(Restated) 2024
Rupees '000
(68,661) 22,659 (46,002) |
43,574 (1,891) |
41,683 |
Revenue from contracts v.'ith customers | 24 | 10,336,503 | T.622.T09 | |
Cost of sales | 25 | (9,044,987) | f6.7 14,820) | |
Gross profit | 1,291,516 | 07, 689 | ||
Distribution costs | 25 | (398,588) | (398,109) | |
Administrative expenses | 25 | (452,713) | (4 75.733) | |
Other income | 26 | 178,637 | 164,521 | |
Other expenses | 27 | (23,745) | ||
Reversal of impairment on trade receivables and deposits | 6,872 | 4.340 | ||
Operating profit | 601,979 | 202.908 | ||
Finance costs | 28 | (281,929) | (239,313) | |
Profit / (Loss) before taxation and levies | 320,050 | (36 4D5 i | ||
Levy | 29 | (135,642) | (98,737) | |
Profit / (Loss) before taxation | 184,408 | (135,142) | ||
Income lax | 30 | (22,451) | 4 044 | |
Profit / (Loss) for the year | 161,957 | 131, 098) | ||
Other comprehensive income for the year: | ||||
Items that will not be reclassified subse quenIy to profit or loss | ||||
(Loss) / Gain on remeasurements of post employment | ||||
benefit obligations | 19 | 31,340 | ||
lmpacl of deferred tax | (10,342) | |||
20.998 | ||||
Gain on rev aluation of land and buildings | 16 | 262.637 | ||
Impact of deferred tax | (11 ,54 2) | |||
25 1,095 | ||||
Other comprehensive income for the year - net of tax | (4,319) | 272. 0E3 | ||
Total comprehensive income for the year | 157,638 | 140,995 | ||
Earnings / (Loss) per share - basic and diIuted | 31 | Rs 6.53 | Rs (5.29) |
The annexed notes 1 to 43 form an integral Dart of these financial statements
, ' *" "
f F inancial Officer Director
Ch‹ef E xecuti ve Officer
STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED MARCH 31, 2025
subscribed
Capital Reserve Revenue Reserve
Tots
^'+ Pa!+-UP | Revaluation | Share | General | Accumulated | |||
^aP! | surplus on land and buildlngs | premium | roeerve | loss | |||
Balance at April 01, 2023 | 248.011 | 2,222.132 | 2,771,525 | 291,000 | (377,958) | 5,154,710 | |
Transferred from surplus on revaluation of | |||||||
land & building on account of incremental | |||||||
depreciation - net of deferred tax - note 16 | (73,6B6) | 73,686 | |||||
Rupees '000
Total comprehensive income
for the year ended March 31, 2024
{Loss) for the year ended March 31, 2024
Other comprehensive income
for the year erded Merch 3 . 2024 - nel
Balance at March 31.2024
Transferred from surplus on revaluation of Ian4 8 building on account of incremental deprec'oIion - net at deferred tas - note 16
Total comprehensive income
for the year ended March 31. 2025
Profit for the year ended March 31, 2025
O1ner comprehensive income / (Loss)
for the year ended March 31, 2Oz5 - net
248,011
21,095
(131,098) | (131,098) | ||||
251095 | 20,g98 | 272,093 |
2,399.541 2.771.525 291.000
41,683 | 161,857 {46,002) | (1,319) |
41,683
(110.100) 140,985
(•14,372) 5,295,705
89,308
115,955 157,638
Balance at March 31, 2026
2 8,011 2,301,9t6 2,771,525 291,000
The annexed notes 1 to 43 form an integral part of tnese financial slalements.
Chief Financial Officer Director Chief Executive Officer
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED MARCH 31, 2025
Note
2025 2024
Rupees '000
CASH FLOWS FROM OPERATING ACTIVITIES
Cash used in operations | 32 | 2,320,078 | (2 139.943) | ||||
Mark-up paid on short-term borrowings | (362,392) | (98,2051 | |||||
Return on savings accounts and deposits | 11,781 | 20,125 | |||||
Income taxes paid | (255,470) | (208,329) | |||||
Employee benefits paid | 19 | (2,268) | (29,064) | ||||
Decrease in long-term deposits | 1,256 | 37 | |||||
(Increase) / decrease in long-term loans and advances | (10,470) | 3,634 | |||||
Net cash generated from / (used in) operating activities | 1,702,515 | (2.451,745) | |||||
CASH FLOWS FROM INVESTING ACTIVITIES | |||||||
Purchase of property, plant and equipment | (72,456) | (82,457) | |||||
Purchase of intangible assets | (9,230) | (450) | |||||
Proceeds from sale of property, plant and equipment | 73,971 | 85,131 | |||||
Net cash (used in) / generated from investing activities | (7,715) | 2,224 | |||||
CASH FLOWS FROM FINANCING ACTIVITIES | |||||||
Dividends paid | (14) | ||||||
Net cash used in financing activities | (14) | ||||||
Net decrease in cash and cash equivalents | 1,694,800 | (2.449,535) | |||||
Cash and cash equivalents at beginning of the year | (2,119,559) | 329,976 | |||||
' | .Cash and cash equivalents at end of the year | 33 | (424,759) | (2.119,559) | |||
.'"" " * | " |
.'/ '" :' ".
"' " , ''t , The annexed notes 1 to 43 form an integral part of these financial statements
C fief Financial Officer Director Chief Executive Officer