Honda Atlas Cars Pakistan Limited is a joint venture between Honda Motor Company Limited Japan, and the Atlas Group of Companies, Pakistan.
The company was incorporated on November 04, 1992 and joint venture agreement was signed on August 05, 1993. The ground breaking ceremony was held on April 17, 1993 and within a record time of 11 months, construction and erection of machinery was completed. The first car rolled off the assembly line on May 26, 1994. Official inauguration was done by the then President of Pakistan, Sardar Farooq Ahmad Khan Leghari. Mr.Kawamoto, President of Honda Motor Company Limited Japan was also present to grace the occasion. The company is listed in Karachi, Lahore, and Islamabad Stock Exchanges.
On July 14, 1994, car bookings started at six dealerships in Karachi, Lahore, and Islamabad. Since then the dealerships network has expanded and now the company has thirty-five 3S (Sales, Service and Spare Parts), nineteen 2S (Service and Spare Parts), and six 1S (Spare Parts) authorized dealerships network in all major cities of Pakistan.
Since the commencement of production in 1994, the company has produced and sold more than 400,000 cars as of Oct, 2018. All dealerships are constructed in accordance with the standards defined by Honda World over.
Percentage of local parts conforms to the government's policy. Local vendors are continuously patronized to develop parts locally. The quality of local parts is thoroughly checked to meet stringent international standards.
We always strive to give outstanding service to our valued customers. In addition to providing regular service to customers, the company also regularly conducts Service Campaigns to facilitate customer's need for service. This has given our customers absolute confidence in our cars which is clearly evident from the ever increasing sale volumes.
It is the constant endeavor of Honda Atlas Cars (Pakistan) Limited to achieve No .1 Customer satisfaction. Honda Atlas Cars (Pakistan) Limited is committed to meet customer expectations and to provide good value for money.
Currently, we are offering Honda Accord, Honda CR-V, Honda Civic (four variant), Honda BR-V, Honda City Aspire (two variant), and Honda City (four variant) in wide range of colors with advanced technological features.
Vision StatementStriving to be a company that society wants to exist by sharing joys with people throughout the world creating products that maximize the joy of customers, with speed, affordability and low CO2 Company Registration number: 0028815 National Tax Number: 0829237-0
Factory / Head Office43 km, Multan Road, Manga Mandi, Lahore. Ph: (042) 35384671-80, Fax: (042) 35384691-92 E-mail: email@example.com
Registered Office1-Mcleod Road, Lahore, Ph: (042) 37225015-17, Fax: (042) 37233518
1. Lahore OfficeHONDA Atlas Cars (Pakistan) Limited Asia House, 19 – C & D, Block L, Gulberg III, Main Ferozepur Road, Lahore. Ph: (042) 35694851-3 Fax: (042) 35694854
2. Karachi OfficeHONDA Atlas Cars (Pakistan) Limited (Regional Office ‐ Karachi) C-16, KDA Scheme No. 1, Karsaaz Road.
3. Islamabad OfficeHONDA Atlas Cars (Pakistan) Limited (Regional Office ‐ Islamabad) Shirazi Trading Company, Plot # 41, East End Block, Ataturk Avenue, Blue Area, Islamabad.
Associated Companies1. Atlas Honda Limited 2.Atlas Battery Limited 3.Atlas Engineering Limited 4.Atlas Auto Parts (Pvt.) Limited 5.Atlas Power Limited 6.Atlas Insurance Limited 7.Atlas Asset Management Limited 8.Shirazi Trading Company (Pvt) Limited 9.Atlas Worldwide General Trading LLC 10.Atlas Venture Limited 11.Honda Atlas Power Products (Pvt) Limited. 12.Atlas Metals (Pvt) Limited. 13.Atlas Foundation 14.Shirazi Capital (Pvt) Limited. 15.Shirazi (Pvt) Limited. 16.Shirazi Investment (Pvt) Limited.
Board of DirectorsMr. Aamir H. Shirazi Chairman Mr. Hironobu Yoshimura President/CEO Mr. Saquib H. Shirazi Director & Senior Advisor Mr. Katsumi Kasai Mr. Eihiko Sato Mr. Ariful Islam Mr. Feroz Rizvi Mr. Kazunori Shibayama Ms. Rie Mihara
Audit CommitteeMr. Feroz Rizvi Chairman Mr. Saquib H. Shirazi Mr. Eihiko Sato Mr. Kazunori Shibayama Mr. Imran Farooq Secretary
Company SecretaryMr. Maqsood-Ur-Rehman Rehmani
Chief Financial OfficerMr. Hamood-ur-Rahman Qaddafi
Head of Internal AuditMr. Imran Farooq
Pattern of Shareholding
AuditorsM/s A.F. Ferguson & Company Chartered Accountants
Legal AdvisorM/S. CORNELIUS, LANE & MUFTI M/S. BOKHARI AZIZ & KARIM
Shareholders' Feedback / Complaint / QueryMr. Maqsood-ur-Rehman Rehmani, Vice President Admin & Company Secretary Honda Atlas Cars (Pakistan) Limited, 43-Km Multan Road, Manga Mandi, Lahore. Ph: 042-35384671-80, firstname.lastname@example.org
SECP's Investor Complaint Section (Form)http://www.secp.gov.pk/ComplaintForm1.asp
Company’s Complaint Handling Emailinfo@honda.com.pk DISCLAIMER: “In case your complaint has not been properly redressed by us, you may lodge your complaint with Securities and Exchange Commission of Pakistan (the “SECP”). However, please note that SECP will entertain only those complaints which were at first directly requested to be redressed by the company and the company has failed to redress the same. Further, the complaints that are not relevant to SECP’s regulatory domain/competence shall not be entertained by the SECP." Corporate Social Responsibility Report, if any
Website Compliance CertificateCompliance Certificate 2021
AGM Notice 2020 Declarations: Dividend 10% (Re.1/- per share) for the year ended March 31, 2020 Share transfer books closing July 06, 2020 to July 14, 2020 (both days inclusive).
Corporate Briefing Seminar2020
Website Compliance CertificateCompliance Certificate 2020
AGM Notice from Account of 2019 Declarations: Dividend 121.5% (Rs 12.15 per share) for the year ended Mar 31, 2019 Share transfer books closing June 17, 2019 to June 27, 2019 (both days inclusive).
Corporate Briefing Seminar2019
Website Compliance CertificateCompliance Certificate 2019
AGM Notice from Account of 2018 Declarations: Dividend 227.5% (Rs 22.75 per share) for the year ended Mar 31, 2018 Share transfer books closing June 18, 2019 to June 28, 2019 (both days inclusive).
Website Compliance CertificateCompliance Certificate 2018
AGM Notice from Account of 2017 Declarations: Dividend 130% (Rs 13 per share) for the year ended Mar 31, 2017 Share transfer books closing June 15, 2017 to June 23, 2017 (both days inclusive). Secretariat Compliance Certificate 2017
AGM Notice from Account of 2016 Declarations: Dividend 70% (Rs 7 per share) for the year ended Mar 31, 2016 Share transfer books closing July 09, 2016 to July 19, 2016 (both days inclusive). Secretariat Compliance Certificate 2016
AGM Notice from Account of 2015 Declarations: Dividend 50% (Rs 5 per share) for the year ended Mar 31, 2015 Share transfer books closing June 17, 2015 to June 26, 2015 (both days inclusive). Secretariat Compliance Certificate 2015
Symbol of Honda Atlas Cars (Pakistan) Limited in Stock ExchangesHCAR
Company listed onPakistan Stock Exchange Limited www.psx.com.pk
Financial ReportsLast 10 years at a glance Unclaimed Dividend Dividend 2019 Dividend 2020 Receive financial statement through email
EPS / (LPS) (AT)Rs. 4.8 as on March 31, 2020
Rs. 27.0 as on March 31, 2019Rs. 45.5 as on March 31, 2018 Rs. 43 as on March 31, 2017 Rs. 24.90 as on March 31, 2016 Rs. 22.15 as on March 31, 2015 Rs. 7.52 as on March 31, 2014
Price Earnings Ratio (P/E Ratio)27.7 times as on March 31, 2020 8.9 times as on March 31,2019 10.5 times as on March 31,2018 17.5 times as on March 31,2017 10.1 times as on March 31,2016 8.3 times as on March 31,2015 7.3 times as on March 31,2014
Break up per shareRs. 116 as on March 31, 2020 Rs. 123 as on March 31, 2019 Rs. 120 as on March 31, 2018 Rs. 91 as on March 31, 2017 Rs. 56 as on March 31, 2016 Rs. 36 as on March 31, 2015 Rs. 17 as on March 31, 2014
Dividend Payout Ratio21% as on March 31, 2020 45.1% as on March 31, 2019 59.2% as on March 31, 2018 30.3% as on March 31, 2017 28.1% as on March 31, 2016 22.6% as on March 31, 2015 39.9% as on March 31, 2014
Share RegistrarM/s Hameed Majeed Associates, HM House, 7-Bank Square, Lahore. Tel: 042-37235081-82
Free Float of Shares of the CompanyTotal Paid up Shares - 142,800,000 Free Float of Shares – 25,230,864 (as on March 31, 2020) Free Float of Share - 25,219,836 (as on March 31, 2019) Free Float of Shares - 25,202,443 (as on March 31, 2018) Free Float of Shares - 25,166,147 (as on March 31, 2017) Free Float of Shares - 25,113,673 (as on March 31, 2016) Free Float of Shares - 25,070,563 (as on March 31, 2015) Free Float of Shares - 24,971,933 (as on March 31, 2014)