Hinopak Motors Limited (HINO) financial ratios

Hinopak Motors Limited earned a net margin of 4.9% in FY2026 against a five-year average of 1.6% (Automobile Assembler median 8.8%). Return on equity was 9.4%, compared with a sector median of 36.2%. The current ratio stood at 1.52× and debt was 41.8% of equity. Cash took about 143 days to cycle through receivables, inventory and payables.

FY2026 vs the Automobile Assembler median

Gross margin: 18.6%; Sector median 19.4%
Operating margin: 11.6%; Sector median 12.7%
Net margin: 4.9%; Sector median 8.8%
Return on equity (ROE): 9.4%; Sector median 36.2%
Return on assets (ROA): 4.9%; Sector median 16.2%
Current ratio: 1.52×; Sector median 1.61×
Debt to equity: 41.8%; Sector median 2.9%
Asset turnover: 0.99×; Sector median 1.51×
Dividend payout ratio: 0.0%; Sector median 17.9%

Median of the 10 companies in the sector with the figure for their latest fiscal year.

HINO financial ratios (annual) (Rs mn)
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	FY2021 Apr 2020 – Mar 2021	FY2020 Apr 2019 – Mar 2020	FY2019 Apr 2018 – Mar 2019	FY2018 Apr 2017 – Mar 2018	FY2017 Apr 2016 – Mar 2017	FY2016 Apr 2015 – Mar 2016	FY2015 Apr 2014 – Mar 2015	FY2014 Apr 2013 – Mar 2014	FY2013 Apr 2012 – Mar 2013	FY2012 Apr 2011 – Mar 2012	FY2011 Apr 2010 – Mar 2011	FY2010 Apr 2009 – Mar 2010	FY2009 Apr 2008 – Mar 2009	FY2007 Jan – Dec 2007
Profitability
Gross margin	18.6%	12.5%	11.9%	8.5%	9.7%	7.5%	(1.3%)	5.9%	11.5%	11.0%	15.4%	15.7%	14.6%	10.8%	10.4%	7.9%	3.5%	—	17.7%
EBITDA margin	13.8%	8.2%	5.8%	5.9%	7.6%	3.6%	(4.5%)	3.3%	9.0%	7.9%	11.1%	11.5%	9.9%	6.5%	6.9%	4.8%	1.0%	—	13.6%
Operating margin	11.6%	5.7%	2.3%	3.8%	5.4%	0.7%	(6.2%)	2.1%	8.1%	7.1%	10.3%	10.4%	8.6%	4.8%	5.6%	3.7%	0.1%	—	12.5%
Pre-tax margin	5.5%	1.8%	(0.5%)	2.0%	4.5%	(1.8%)	(14.0%)	(2.7%)	6.3%	7.5%	9.5%	12.3%	10.2%	0.6%	2.0%	0.4%	(1.2%)	—	11.6%
Net margin	4.9%	1.6%	(1.7%)	0.1%	3.3%	(3.2%)	(15.6%)	(4.6%)	4.3%	5.0%	6.2%	8.5%	6.8%	0.4%	0.3%	(0.3%)	(1.3%)	—	7.5%
Effective tax rate	10.6%	12.2%	—	93.8%	26.1%	—	—	—	31.2%	34.0%	35.5%	30.9%	33.3%	39.3%	85.2%	174.4%	—	—	34.8%
Returns
Return on equity (ROE)	9.4%	3.0%	(2.5%)	0.3%	9.0%	(9.6%)	(78.0%)	(19.7%)	22.9%	24.7%	26.9%	29.1%	21.1%	1.2%	1.0%	(1.4%)	—	—	30.4%
Return on assets (ROA)	4.9%	1.6%	(1.4%)	0.2%	4.6%	(3.4%)	(17.3%)	(6.1%)	9.4%	11.4%	12.4%	13.6%	9.9%	0.5%	0.5%	(0.6%)	—	—	13.0%
Return on invested capital (ROIC)	10.3%	5.6%	—	0.3%	8.9%	—	—	—	22.9%	24.7%	26.9%	29.1%	19.0%	0.8%	0.8%	(9.9%)	—	—	27.3%
Liquidity
Current ratio	1.52×	1.40×	1.34×	1.37×	1.24×	1.32×	0.78×	1.06×	1.28×	1.43×	1.45×	1.52×	1.39×	1.39×	1.22×	1.45×	1.23×	—	1.50×
Quick ratio	0.48×	0.43×	0.40×	0.82×	0.89×	0.65×	0.26×	0.29×	0.72×	0.78×	0.91×	1.07×	0.71×	0.48×	0.62×	0.55×	0.47×	—	0.54×
Leverage
Debt to equity	41.8%	10.9%	43.2%	0.4%	1.4%	0.4%	240.8%	190.0%	—	—	—	—	—	25.6%	49.0%	11.7%	29.6%	—	6.5%
Debt to capital	29.5%	9.8%	30.1%	0.4%	1.4%	0.4%	70.7%	65.5%	—	—	—	—	—	20.4%	32.9%	10.5%	22.9%	—	6.1%
Debt to assets	21.9%	5.6%	23.0%	0.2%	0.7%	0.2%	43.5%	47.3%	—	—	—	—	—	12.8%	18.5%	6.5%	9.2%	—	2.9%
Assets to equity	1.92×	1.91×	1.83×	1.93×	1.95×	2.86×	4.51×	3.25×	2.44×	2.18×	2.16×	2.14×	2.13×	2.33×	2.22×	2.39×	—	—	2.33×
Efficiency
Asset turnover	0.99×	1.01×	0.80×	1.35×	1.38×	1.06×	1.11×	1.33×	2.17×	2.28×	2.02×	1.60×	1.46×	1.28×	1.56×	1.80×	—	—	1.73×
Receivable days days	65	60	70	42	47	67	65	42	17	15	25	44	46	79	68	53	—	—	41
Inventory days days	208	179	169	59	63	128	163	132	64	56	55	78	113	126	96	100	—	—	141
Payable days days	129	117	108	74	95	139	60	65	57	41	53	60	45	81	77	58	—	—	60
Cash conversion cycle days	143	121	130	27	14	57	168	108	23	29	28	61	115	123	87	95	—	—	122
Dividends
Dividend payout ratio	0.0%	0.0%	—	0.0%	0.0%	—	—	—	75.0%	75.0%	100.0%	75.0%	75.0%	69.6%	74.8%	—	—	—	50.4%
Earnings retention rate	1.00×	1.00×	—	1.00×	1.00×	—	—	—	0.25×	0.25×	0.00×	0.25×	0.25×	0.30×	0.25×	—	—	—	0.50×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

HINO: frequently asked questions

What is HINO's EPS?

Hinopak Motors Limited reported basic earnings per share of Rs 21.82 for FY2026 (Apr 2025 – Mar 2026). Over the trailing twelve months (TTM to Jun 2026) EPS was Rs 13.47.

What is HINO's P/E ratio?

At the closing price of Rs 308.28 on 16 Oct 2026, HINO trades at a P/E of 22.9× based on EPS of Rs 13.47 (TTM to Jun 2026).

Does HINO pay dividends?

Yes. Hinopak Motors Limited declared a dividend of Rs 10.91 per share for FY2026. At Rs 308.28 that is a dividend yield of 3.5%.

What was HINO's revenue and profit in FY2026?

Hinopak Motors Limited reported revenue of Rs 11.0 bn and profit attributable to shareholders of Rs 541.3 mn for FY2026 (Apr 2025 – Mar 2026).

What is HINO's book value per share?

Hinopak Motors Limited's book value per share was Rs 244.55 at the end of FY2026. The shares trade at 1.22× book value.

Information only, not investment advice.