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Comparison

Honda Atlas Cars (Pakistan) Limited vs Millat Tractors Limited

Millat Tractors Limited (MTL) is worth Rs 121.0 bn at the latest close, 4.2 times the market value of Honda Atlas Cars (Pakistan) Limited (HCAR) at Rs 29.1 bn. In their latest annual results HCAR reported revenue of Rs 122.3 bn (FY2026) and MTL Rs 64.2 bn (FY2026). HCAR trades at 6.0× earnings and MTL at 15.2×. Dividend yields: HCAR 4.4%, MTL 6.9%.

HCAR and MTL compared
Latest HCAR FY2026 MTL FY2026
Price Rs 204.00 Rs 303.29
Market value Rs 29.1 bn Rs 121.0 bn
P/E 6.0× (stronger) 15.2×
P/B 1.09× (stronger) 11.80×
Dividend yield 4.4% 6.9% (stronger)
Revenue (latest year) Rs 122.3 bn Rs 64.2 bn
Revenue growth, year on year 56.6% (stronger) 20.4%
Revenue growth, 5 years a year 12.7% (stronger) 7.1%
Profit (latest year) Rs 3.2 bn Rs 7.9 bn (stronger)
EPS (latest year) Rs 22.64 Rs 19.91
Dividend per share Rs 9.00 Rs 21.00
Net margin 2.6% 12.6% (stronger)
Return on equity 13.2% 83.6% (stronger)
Debt to equity 28.4% (stronger) 112.2%
Current ratio 1.60× (stronger) 1.20×
Dividend streak (years) 3 20 (stronger)

Highlighted: the higher figure where higher is usually stronger (growth, margins, returns, yield) or the lower where lower is (P/E, P/B, debt). A highlight is a comparison, not a recommendation.

Revenue by fiscal year HCAR MTL
Revenue by fiscal year Rs 122 bn HCAR FY2017: Rs 62.8 bn MTL FY2017: Rs 31.6 bn FY2017 HCAR FY2018: Rs 91.5 bn MTL FY2018: Rs 39.6 bn FY2018 HCAR FY2019: Rs 95.1 bn MTL FY2019: Rs 32.0 bn FY2019 HCAR FY2020: Rs 55.0 bn MTL FY2020: Rs 23.9 bn FY2020 HCAR FY2021: Rs 67.4 bn MTL FY2021: Rs 45.7 bn FY2021 HCAR FY2022: Rs 108.0 bn MTL FY2022: Rs 55.0 bn FY2022 HCAR FY2023: Rs 95.1 bn MTL FY2023: Rs 47.1 bn FY2023 HCAR FY2024: Rs 55.1 bn MTL FY2024: Rs 95.0 bn FY2024 HCAR FY2025: Rs 78.1 bn MTL FY2025: Rs 53.3 bn FY2025 HCAR FY2026: Rs 122.3 bn MTL FY2026: Rs 64.2 bn FY2026
Profit by fiscal year HCAR MTL
Profit by fiscal year Rs 10 bn HCAR FY2017: Rs 6.1 bn MTL FY2017: Rs 4.5 bn FY2017 HCAR FY2018: Rs 6.5 bn MTL FY2018: Rs 5.4 bn FY2018 HCAR FY2019: Rs 3.9 bn MTL FY2019: Rs 3.4 bn FY2019 HCAR FY2020: Rs 681.8 mn MTL FY2020: Rs 2.0 bn FY2020 HCAR FY2021: Rs 1.8 bn MTL FY2021: Rs 6.0 bn FY2021 HCAR FY2022: Rs 2.5 bn MTL FY2022: Rs 5.4 bn FY2022 HCAR FY2023: Rs 260.1 mn MTL FY2023: Rs 3.3 bn FY2023 HCAR FY2024: Rs 2.3 bn MTL FY2024: Rs 10.3 bn FY2024 HCAR FY2025: Rs 2.7 bn MTL FY2025: Rs 6.4 bn FY2025 HCAR FY2026: Rs 3.2 bn MTL FY2026: Rs 7.9 bn FY2026

Prices at the latest close; financial figures from each company's latest annual report. Information only, not investment advice.