End-of-day quote
Pakistan S.E.
06:00:00 2024-06-13 pm EDT
5-day change
1st Jan Change
297.1
PKR
-3.85%
+0.75%
+39.03%
Honda Atlas Cars Pakistan : Corporate Briefing Session -2022-23
July 24, 2023 at 02:46 am EDT
Honda Atlas Cars (Pakistan) Limited
Financial Year ended March 31, 2023
Corporate Briefing Session
Macro-Economic & Regulatory
Environment
Macro-Economic Environment
SBP Policy Rate (%)
Current account US$
Inflation rate (%)
9.75% → 20.00%
12.20% → 31.50%
22.00
20.00
Deficit-13.7 billion
36
31.5
20.00
17.00
32
27.26
26.6
27.6
(July-April FY 2022)
18.00
15.00
15.00
16.00
28
24.9
23.18
23.8
24.5
13.75
21.3
16.00
24
14.00
12.25
20
13.8
12.00
16
10.00
Deficit-3.3 billion
12
8.00
Apr
May
Jun
Jul
Aug
Sep
Oct Nov
Dec
Jan
Feb
Mar
(July-April FY 2023)
Mar Apr May Jun
Jul Aug Sep
Oct Nov Dec
Jan
Feb Mar
USD-PKR Parity (Rs)
Fiscal deficit as % of
JPY-PKR Parity (Rs)
184.70 → 284.00
GDP
1.41 → 2.14
300
284.0
4.9%
2.30
2.14
285
265.7
270
240.0
(July-April FY 2022)
2.10
1.95
255
228.3
1.81
224.2
1.90
240
1.62
1.58
225
1.70
199.2
210
1.50
195
4.6%
180
1.30
1.43
(July-April FY 2023)
Apr
May
Jun
Jul
Aug Sep
Oct Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug Sep
Oct
Nov
Dec
Jan
Feb
Ma
Quotas and later restrictions by SBP on import of raw materials
Advance tax on sale of cars increased
Super tax imposed at 10% for 2022 and 4% for 2023
Input tax adjustment reduced to 95% and Sales Tax rate increased from 18%~25%
CVT imposed on sale of cars at 1%
Source: sbp.org.pk, fbr.gov.pk, Economic survey 2022-23
Passenger Car Market Analysis
Overall Car Market
Apr-22
Apr-21
Mar 23
Mar 22
Total Market
197,299
282,895
70%
Commercial
28,739
43,333
66%
(Buses, Trucks, Vans)
4X4
5,560
6,337
88%
SUV
20,676
24,840
83%
1800 cc over
Sedan
16,516
29,667
56%
1600 cc
11,384
19,111
60%
1200 cc - 1500cc
40,719
45,898
89%
1000cc
25,665
51,786
50%
800cc
48,040
61,923
78%
Pass Market
163,000
233,225
70%
Market Share (12-Months Rolling)
60%
Honda
Toyota
Suzuki
KIA
Hyundai
54%
51.5%
52.1%
49%
50%
47.0%
48.3%
45%
45.0%
43.0%
39%
40.0%
40.1%
40%
30%
28%
28%
26.5%
26.4%
25%
25.1%
25%
23.5%
22.0%
19.7%
18%
18.0%
17.7%
20%
17%
17%
16.5%
16.9%
16.2%
15.6%
15.9%
15.4%
14%
12%
13.8%
11.9%
10.0%
15.8%
9%
13.4%
8.7% 8.3%
10%
6%
8.0%
8.0%
7.2%
3.8%
5.2%
5.3%
3.4%
2.4%
1.0%
0%
Apr'20
May'20
Jun,20
Jul,20
Aug,20
Sep,20
Oct,20
Nov,20
Dec'20
Jan'21
Feb'21
Mar'21
Apr'21
May'21
Jun'21
Jul'21
Aug'21
Sep'21
Oct'21
Nov'21
Dec'21
Jan'22
Feb'22
Mar'22
Apr'22
May'22
Jun'22
Jul'22
Aug'22
Sep'22
Oct'22
Nov'22
Dec'22
Jan'23
Feb'23
Mar'23
Source: PAMA
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Honda Atlas Cars (Pakistan) Limited published this content on 24 July 2023 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 24 July 2023 06:45:08 UTC .
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Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
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Honda Atlas Cars (Pakistan) Limited is a Pakistan-based automobile company. The Company is engaged in the assembling and progressive manufacturing and sale of Honda vehicles and spare parts. The Company's segments include Manufacturing and Trading. The Company's Manufacturing segment relates to the sale of locally manufactured cars and parts. The Trading segment relates to the trading of completely built units (CBUs) and parts. The Company's manufacturing facility is located at Multan Road, Manga Mandi, Lahore. It offers car models such as Honda Accord and Honda CR-V, locally manufactured Honda BR-V, Honda City (6th generation), Honda Civic (11th generation), Honda Civic Standard, Honda Civic Oriel, Honda Civic RS, and Honda HR-V VTI-S. The Company also offers services such as online booking, and delivery status.
More about the company
Last Close Price
297.1
PKR
Average target price
232.6
PKR
Spread / Average Target
-21.71%
Consensus
1st Jan change
Capi.
+39.03% 152M +7.00% 95.22B -11.02% 77.27B -11.61% 68.81B +24.68% 48.34B +22.70% 34.94B +5.69% 22.6B -19.55% 16.22B +45.91% 11.58B -16.80% 9.76B
Automobiles & Multi Utility Vehicles
+951% of historical performance
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