Hinopak Motors Limited has announced its financial results for the year ended March 31, 2026, reporting a substantial increase in profitability and rewarding shareholders with a significant cash dividend. The company’s Board of Directors approved the audited financial statements during its meeting held on June 18, 2026, and recommended a cash dividend of 109.10%, equivalent to Rs. 10.91 per share. No bonus shares or right shares were announced.
According to the financial results, Hinopak Motors posted net profit of Rs. 541.3 million for FY2026, marking a remarkable increase from Rs. 162.0 million recorded in the previous year. Earnings per share (EPS) rose to Rs. 21.82 compared to Rs. 6.53 in FY2025, reflecting the company’s improved operational performance and stronger profitability.
The company’s revenue from contracts with customers increased to Rs. 11.0 billion, up from Rs. 10.3 billion a year earlier. Gross profit surged to Rs. 2.05 billion, compared with Rs. 1.29 billion in FY2025, while operating profit climbed to Rs. 1.09 billion from Rs. 602 million. These gains were supported by higher sales volumes and improved margins despite persistent cost pressures.
On the balance sheet side, total assets expanded to Rs. 11.57 billion as of March 31, 2026, compared to Rs. 10.57 billion in the previous year. Shareholders’ equity also strengthened significantly, rising to Rs. 6.07 billion from Rs. 5.45 billion, driven by higher retained earnings and comprehensive income generated during the year.
Hinopak Motors also reported total comprehensive income of Rs. 611.7 million for FY2026, substantially higher than Rs. 157.6 million in the preceding year. The improvement underscores the company’s successful efforts to enhance operational efficiency and capitalize on growing demand in the commercial vehicle sector.
The company has scheduled its 41st Annual General Meeting (AGM) for July 28, 2026. Share transfer books will remain closed from July 21 to July 28, 2026, for determining shareholders entitled to receive the approved cash dividend.
The strong financial performance and generous dividend announcement highlight Hinopak Motors’ continued recovery and strengthening position in Pakistan’s automotive and commercial vehicle industry, offering a positive outlook for shareholders and stakeholders alike.
