HCAR Honda Atlas Cars (Pakistan) Limited
Latest results: FY2026 · Mar 2026 Q1 FY2027 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 201.80 +0.62%
Annual · FY2007 – FY2026
Honda Atlas Cars (Pakistan) Limited (HCAR) cash flow statement
Operating activities generated -Rs 1.8 bn of cash in FY2026 (Apr 2025 – Mar 2026), down 114.8% on FY2025, -35% of the starting profit. Capital expenditure was Rs 1.4 bn, leaving free cash flow of -Rs 3.2 bn. Dividends paid to shareholders came to Rs 1.1 bn. Overall, cash decreased by Rs 4.9 bn.
| Rs bn | FY2026 Apr 2025 – Mar 2026 | FY2025 Apr 2024 – Mar 2025 | FY2024 Apr 2023 – Mar 2024 | FY2023 Apr 2022 – Mar 2023 | FY2022 Apr 2021 – Mar 2022 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | 5.1 | 3.3 | 2.8 | 2.0 | 4.3 | |||||||||||||||
| Depreciation & amortisation | 1.6 | 1.6 | 1.8 | 1.8 | 1.0 | |||||||||||||||
| Net cash from operating activities | (1.8) | 12.0 | (18.8) | (3.2) | 7.8 | |||||||||||||||
| Investing activities | ||||||||||||||||||||
| Capital expenditure | (1.4) | (0.6) | (0.3) | (1.7) | (3.8) | |||||||||||||||
| Net cash from investing activities | (1.4) | (0.5) | 0.2 | 5.5 | (10.0) | |||||||||||||||
| Financing activities | ||||||||||||||||||||
| Dividends paid | (1.1) | (0.9) | (0.5) | (0.5) | (0.6) | |||||||||||||||
| Borrowings raised / (repaid) | (0.5) | (0.5) | (0.4) | 0.3 | 0.9 | |||||||||||||||
| Net cash from financing activities | (1.7) | (1.5) | (0.9) | (0.2) | 0.2 | |||||||||||||||
| Net change in cash | (4.9) | 10.0 | (19.5) | 2.2 | (1.9) | |||||||||||||||
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | (3.2) | 11.4 | (19.1) | (4.8) | 4.0 | |||||||||||||||
| Rs mn | FY2026 Apr 2025 – Mar 2026 | FY2025 Apr 2024 – Mar 2025 | FY2024 Apr 2023 – Mar 2024 | FY2023 Apr 2022 – Mar 2023 | FY2022 Apr 2021 – Mar 2022 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | +55.4% | +19.0% | +38.8% | -53.6% | +53.8% | |||||||||||||||
| Depreciation & amortisation | -1.8% | -9.6% | -0.0% | +71.2% | +28.9% | |||||||||||||||
| Net cash from operating activities | -114.8% | — | — | -140.5% | -37.9% | |||||||||||||||
| Investing activities | ||||||||||||||||||||
| Capital expenditure | +144.9% | +133.3% | -84.8% | -56.4% | -2.9% | |||||||||||||||
| Net cash from investing activities | — | -338.1% | -95.9% | — | — | |||||||||||||||
| Financing activities | ||||||||||||||||||||
| Dividends paid | +23.3% | +81.2% | +4.7% | -24.4% | +348.6% | |||||||||||||||
| Borrowings raised / (repaid) | — | — | -224.6% | -65.1% | +26.0% | |||||||||||||||
| Net cash from financing activities | — | — | — | -186.8% | -60.1% | |||||||||||||||
| Net change in cash | -148.9% | — | -1,000.1% | — | -120.2% | |||||||||||||||
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | -128.2% | — | — | -219.5% | -53.6% | |||||||||||||||
Change against the previous fiscal year; shown when the earlier figure is positive.
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 16 Oct 2026.
All reported line items 60
| Rs bn | FY2026 Apr 2025 – Mar 2026 | FY2025 Apr 2024 – Mar 2025 | FY2024 Apr 2023 – Mar 2024 | FY2023 Apr 2022 – Mar 2023 | FY2022 Apr 2021 – Mar 2022 |
|---|---|---|---|---|---|
| Profit/(Loss) - Starting Line - Cash Flow | 5.1 | 3.3 | 2.8 | 2.0 | 4.3 |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 3.0 | 1.1 | 1.9 | 6.2 | 0.6 |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | 0.9 | (0.7) | (0.2) | 5.4 | 1.3 |
| Financial Income/(Expense) - Cash Flow - to Reconcile | 0.4 | 0.2 | 0.4 | (0.7) | (1.2) |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 1.7 | 1.6 | 1.8 | 1.8 | 1.0 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 1.3 | 1.4 | 1.5 | 1.6 | 0.9 |
| Amortization - Intangible Assets & Deferred Charges - Cash Flow - to Reconcile | 0.3 | 0.2 | 0.2 | 0.2 | 0.1 |
| Impairment - Property, Plant & Equipment including Intangible Assets - Cash Flow - to Reconcile | 0.1 | — | — | — | — |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | (0.0) | (0.0) | (0.0) | (0.2) | (0.6) |
| Financial Assets - Unrealized Gain/(Loss) - Cash Flow - to Reconcile | — | — | — | — | 0.0 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | (1.0) | 1.8 | 1.6 | 2.9 | 3.9 |
| Interest Paid - Cash | 0.4 | 0.7 | 0.5 | 0.1 | 0.0 |
| Interest & Dividends - Received - Total - Cash Flow | 0.2 | 0.2 | 0.6 | 0.9 | 1.3 |
| Cash Flow from Operating Activities before Changes in Working Capital | 8.7 | 2.1 | 3.2 | 6.1 | 2.2 |
| Working Capital - Increase/(Decrease) - Cash Flow | (10.5) | 9.9 | (22.0) | (9.3) | 5.6 |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | (4.8) | (0.4) | 5.3 | (6.6) | (3.7) |
| Inventories - Decrease/(Increase) - Cash Flow | (13.2) | 5.4 | (7.8) | 10.2 | (11.4) |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | 7.5 | 4.9 | (19.4) | (12.9) | 20.7 |
| Other Liabilities - Increase/(Decrease) -Total - Cash Flow | — | (0.0) | — | — | — |
| Net Cash Flow from Operating Activities | (1.8) | 12.0 | (18.8) | (3.2) | 7.8 |
| Capital Expenditures - Net - Cash Flow | 1.4 | 0.5 | (0.2) | 1.5 | 3.7 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 0.7 | 0.5 | (0.3) | 1.2 | 2.9 |
| Property, Plant & Equipment - Purchased - Cash Flow | 0.7 | 0.5 | 0.2 | 1.4 | 2.9 |
| Property, Plant & Equipment Sold - Cash Flow | 0.0 | 0.0 | 0.5 | 0.2 | 0.1 |
| Intangible Assets - Purchased/(Sold) - Net - Total - Cash Flow | 0.7 | 0.0 | 0.0 | 0.3 | 0.9 |
| Intangible Assets - Purchased/Acquired - Cash Flow | 0.7 | 0.0 | 0.0 | 0.3 | 0.9 |
| Capital Expenditures - Total | 1.4 | 0.6 | 0.3 | 1.7 | 3.8 |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | — | — | — | 7.0 | (6.2) |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | — | — | — | 7.0 | (6.2) |
| Investment Securities - Sold/Matured - Unclassified - Cash Flow | — | — | — | 7.0 | 38.8 |
| Investment Securities - Purchased - Unclassified - Cash Flow | — | — | — | 0.0 | 45.0 |
| Other Investing Cash Flow - Decrease/(Increase) | — | — | — | — | — |
| Net Cash Flow from Investing Activities | (1.4) | (0.5) | 0.2 | 5.5 | (10.0) |
| Dividends Paid - Cash - Total - Cash Flow | 1.1 | 0.9 | 0.5 | 0.5 | 0.6 |
| Dividends - Common - Cash Paid | 1.1 | 0.9 | 0.5 | 0.5 | 0.6 |
| Stock - Total - Issuance/(Retirement) - Net - Cash Flow | — | — | — | — | — |
| Stock - Issuance/(Retirement) - Net - Excluding Options/Warrants - Cash Flow | — | — | — | — | — |
| Stock - Common - Issuance/(Retirement) - Net - Cash Flow | — | — | — | — | — |
| Stock - Common - Issued/Sold - Cash Flow | — | — | — | — | — |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | (0.5) | (0.5) | (0.4) | 0.3 | 0.9 |
| Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow | — | — | — | — | 0.0 |
| Debt - Reduced - Short-Term - Cash Flow | — | — | — | — | 0.0 |
| Debt - Issued/Reduced - Long-Term - Cash Flow | (0.5) | (0.5) | (0.4) | 0.3 | 0.9 |
| Debt - Issued - Long-Term - Cash Flow | — | — | 0.0 | 0.6 | 1.1 |
| Debt - Reduced - Long-Term - Cash Flow | 0.5 | 0.5 | 0.4 | 0.3 | 0.2 |
| Net Cash Flow from Financing Activities | (1.7) | (1.5) | (0.9) | (0.2) | 0.2 |
| Net Change in Cash - Total | (4.9) | 10.0 | (19.5) | 2.2 | (1.9) |
| Net Cash from Continuing Operations | (4.9) | 10.0 | (19.5) | 2.2 | (1.9) |
| Net Cash - Beginning Balance | 5.6 | (4.3) | 15.2 | 13.0 | 14.9 |
| Net Cash - Ending Balance | 0.8 | 5.6 | (4.3) | 15.2 | 13.0 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | (1.0) | 1.8 | 1.6 | 2.9 | 3.9 |
| Interest Paid - Cash Flow - Supplemental | 0.4 | 0.7 | 0.5 | 0.1 | 0.0 |
| Interest & Dividends - Received - Cash Flow - Supplemental | 0.2 | 0.2 | 0.6 | 0.9 | 1.3 |
| CF from Optg Activities before Change in WC & Int Payments | 9.2 | 2.7 | 3.7 | 6.3 | 2.2 |
| Cash Dividends Paid & Common Stock Buyback - Net | — | — | — | — | — |
| Common Stock Buyback - Net | — | — | — | — | — |
| Depreciation, Depletion & Amortization - Cash Flow | 1.6 | 1.6 | 1.8 | 1.8 | 1.0 |
| Free Cash Flow to Equity | (3.7) | 10.9 | (19.0) | (4.3) | 5.0 |
| Free Cash Flow Net of Dividends | (4.3) | 10.4 | (19.6) | (5.3) | 3.4 |
| Free Cash Flow | (3.2) | 11.4 | (19.1) | (4.8) | 4.0 |
Every line the company reported, in the original order and wording, without regrouping or signs changed.