Karachi: In a recent meeting held on July 30, 2026, the Board of Directors of Atlas Honda Limited approved the unaudited financial statements for the quarter ending June 30, 2026. The meeting, conducted via video link, revealed that the company will not recommend an interim cash dividend for this period. The financial results will be made available through PUCARS separately within the designated timeframe.
The financial statements indicate a notable increase in non-current assets, with property, plant, and equipment rising to 14.40 billion rupees from 13.70 billion rupees as of March 31, 2026. Intangible assets, however, saw a decrease from 20.59 million rupees to 16.58 million rupees. The company's long-term investments also experienced a rise, reaching 476.81 million rupees from 456.20 million rupees.
Current assets demonstrate a significant increase, with stock-in-trade rising to 15.04 billion rupees from the previous 11.70 billion rupees, signifying a very large move. Trade debts also increased to 3.30 billion rupees from 2.88 billion rupees. However, trade deposits and prepayments decreased from 397.54 million rupees to 165.31 million rupees. According to information available from the Pakistan Stock Exchange (PSX), the company's short-term investments remained relatively stable, showing a minor move to 31.59 billion rupees.
In terms of equity, the share capital remained unchanged at 1.24 billion rupees. Reserves, however, decreased to 44.34 billion rupees from 45.27 billion rupees. Non-current liabilities saw an increase, with the Sindh Infrastructure Development Cess introduced at 891.67 million rupees.
Current liabilities showed a slight increase, with trade and other payables reducing from 56.01 billion rupees to 49.38 billion rupees, while unclaimed dividends rose significantly to 4.78 billion rupees from 261.91 million rupees, reflecting a very large move. Overall, Atlas Honda Limited's financial position showcases a stable outlook with total assets marginally increasing to 105.61 billion rupees from 105.52 billion rupees.