About Us

اردو میں پڑھیں 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 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 Twenty Four 3S (Sales, Service and Spare Parts), Eighteen 2S (Service and Spare Parts) and Five 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 200,000 cars till July 12, 2012.

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, 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 CR-Z, Honda HR-V, Honda Civic (four models), Honda City Aspire (four models) and Honda City (four models) in wide range of colors with advanced technological features.

Company Profile

Vision Statement

Striving 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 Office

43 km, Multan Road, Manga Mandi, Lahore. Ph: (042) 35384671-80, Fax: (042) 35384691-92 E-mail: info@honda.com.pk

Registered Office

1-Mcleod Road, Lahore, Ph: (042) 37225015-17, Fax: (042) 37233518

Regional Offices

1. Lahore Office

HONDA 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 Office

HONDA Atlas Cars (Pakistan) Limited (Regional Office – Karachi) C-16, KDA Scheme No. 1, Karsaaz Road.

3. Islamabad Office

HONDA Atlas Cars (Pakistan) Limited (Regional Office – Islamabad) Shirazi Trading Company, Plot # 41, East End Block, Ataturk Avenue, Blue Area, Islamabad.

Associated Companies

1. 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 Directors

Mr. Yusuf H. Shirazi Chairman
Mr. Toichi Ishiyama President/CEO
Mr. Aamir H. Shirazi
Mr. Kenichi Matsuo
Mr. Shigeru Yamazaki
Mr. Akira Murayama
Mr. M. Naeem Khan
Mr. Nadeem Arshad Elahi
Mr. Yasutaka Uda

Audit Committee

Mr. Aamir H. Shirazi Chairman
Mr. Shigeru Yamazaki
Mr. Akira Murayama
Mr. M. Naeem Khan
Mr. Nadeem Arshad Elahi
Mr. Hamood-ur-Rahman Secretary

Company Secretary

Mr. Maqsood-Ur-Rehman Rehmani


Detailed Profile of Directors

Direcor Profile

Chief Financial Officer

Mr. Ahmed Umair Wajid

Head of Internal Audit

Mr. Hamood-ur-Rahman

Pattern of Shareholding

Pattern of Shareholding as on March 31, 2017

Pattern of Shareholding as on March 31, 2016

Pattern of Shareholding as on March 31, 2015

Election of Directors

Notice of EGM (Election of Directors)

Proxies deposited by Members.

Detailed profile of Candidates

Proxy Form

List of share holders and their addresses

Symbol of Honda Atlas Cars (Pakistan) Limited in Stock Exchanges


Company listed on

Pakistan Stock Exchange Limited www.psx.com.pk

Annual, Half Yearly and Quarterly accounts are available here.

Financial Highlights

Last 10 years at a glance

Receive financial statement through email

Compliance Certificate

Compliance Certificate for year 2017

Compliance Certificate for year 2016

EPS / (LPS) (AT)

Rs. 42.96 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)

17.5 times as on March 31,2016

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 share

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

Legal Advisor



M/s A.F. Ferguson & Company Chartered Accountants

Share Registrar

M/s Hameed Majeed Associates, HM House, 7-Bank Square,
Lahore. Tel: 042-37235081-82

Free Float of Shares of the Company

Total Paid up Shares - 142,800,000
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)

Shareholders' Feedback / Complaint / Query

Mr. 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, maqsood@honda.com.pk

SECP's Investor Complaint Section (Form)



AGM Notice from Account of 2017

AGM Notice from Account of 2016

AGM Notice from Account of 2015


Lahore Chamber of Commerce and industry (LCCI) www.lcci.org.pk
Pakistan Automotive Manufacturers Association (PAMA) www.pama.org.pk
Employers Federation of Pakistan (EFP) www.efp.org.pk



Chronicle of Events

5 Aug 1992 Joint venture agreement signed with Honda Motor Co. Ltd., Japan
4 Nov 1992 Incorporation of Honda Atlas Cars (Pakistan) Limited
17 Apr 1993 Ground breaking ceremony held
31 Mar 1994 Completion of Civil Work and installation of Plant & Equipment
1 Apr 1994 Technical Assistance Agreement signed with Honda Motor Co. Ltd., Japan
26 May 1994 First car rolling out ceremony held
13 Jul 1994 Inauguration by President of Pakistan
13 Jul 1994 Visit of Mr. N. Kawamoto, President Honda Motor Co. Ltd., Japan
16 Jul 1994 Commercial production commenced
10 Oct 1994 Public issue of shares
10 Jan 1996 New Civic-96 launched
22 Jan 1997 Honda City launched
1 Oct 1998 Honda Motor Company’s 50th anniversary
28 Jan 1999 Civic VTI Oriel launched First sunroof Car in Pakistan
13 Apr 1999 ISO 9002 certification achieved
20 Jan 2000 Launch of new City model with PGM-Fi technology
22 Mar 2001 Launching of new Honda Civic model
23 Aug 2003 New model of Honda City launched
13 Sep 2003 Rolling out of 50,000th car
15 Sep 2003 ISO 14001 Certification achieved
11 Aug 2005 Launching of CBU model of Honda Accord
21 Dec 2005 Rolling out of 100,000th car
14 Jan 2006 Launching of New Model of Honda City
7 Jul 2006 Visit of Mr. Takeo Fukui, President & CEO Honda Motor Co. Ltd., Japan
29 Jul 2006 New model of Honda Civic launch in 1800cc
31 Dec 2006 Capacity enhancement to 50,000 units per annum achieved
27 Aug 2007 Issue of 100% right shares
20 Jul 2008 Launching of New Model of Honda Accord & CRV
31 Jan 2009 Launch of 3rd Generation Honda City
27 Nov 2010 Inauguration of first 1-S Spare Parts Dealership
1 Mar 2012 Launching of New Model of Honda CRV
12 Apr 2012 Inauguration of New 3S Dealership in Lahore
29 Apr 2012 Rolling out of 100,000th Car of Honda City
2 May 2012 Launch of Honda City Aspire
12 Jul 2012 Rolling out of 200,000th car
  18 Sep 2012   Launch of New Honda Civic Model
  01 Apr 2013   Inaugurated "You buy a Honda We plant a Tree" campaign
  17 Apr 2013   Launch of Honda City Aspire 1.5L
  15 Jun 2013   Honda introduces the new Accord: Possibly Perfect
  25 Aug 2013   Honda Independence Day Golf Cup
  31 Oct 2013   Honda Vendor Conference 2013 "Together"
  10 Dec 2013   Honda celebrates 20th years anniversary
  18 Dec 2013   Honda Launches Stylish Sports Hybird CR-Z in Pakistan  
  10 Dec 2013   Visit of Mr. Takanobu Ito President of Honda Motor Co. Ltd. Japan
  16 Oct 2014   Launch of Evolved Honda City "So much more for nothing more"
  11 Jan 2016   Launch of New Honda HRV "Elegantly Sporty"
  22 July 2016   Launching of All New 10th generation Honda Civic "Creating New Era"
  21 Oct 2016   Visit of Mr.Takahiro Hachigo President of Honda Motor Co.Ltd Japan
  21 April 2017   All new BR-V 7 seater SUV Be the First to Explore