Analysis Report

Atlas Honda Ltd.  [ATLH]

CHAIRMAN 2006 2007 2008 2009

YUSUF H. SHIRAZI FINANCIAL POSITION (Rs. In

Million)
CEO / MANAGING DIRECTOR Paid-Up Capital 357.64 411.29 472.99 472.99

SAQUIB H. SHIRAZI Reserves & Surplus 2251.29 2564.53 2931.18 2848.28

Sharholder's Equity 2608.93 2975.82 3404.17 3321.26
BOARD OF DEIRECTORS: Capital Reserves 40.12 40.12 40.12 40.12
Deferred Taxation / Liabilities 384.47 559.49 571.00 575.86
YUSUF H. SHIRAZI Long Term Loans / Deposits 1590.10 1109.27 697.52 375.00
SANAULLAH QURESHI Current Liabilities 3011.45 3392.07 4031.96 3212.94

SHERALI MUNDARWALA Total Assets 7630.16 8036.65 8704.65 7485.06

Fixed Assets (Gross) 4531.75 5693.70 5912.73 6031.94
SAQUIB H. SHIRAZI
Accumulated Depreciation / 1668.79 2118.44 2539.69 2789.60
Amortization
NURUL HODA Fixed Assets (Net) 2862.96 3575.26 3373.04 3242.34
Capital work in Progress 764.86 15.99 18.38 187.16
MASAHIRO TAKEDAGAWA
OSAMU ISHIKAWA Long Term Investment 0.00 51.76 0.00 0.00
Current Assets 3974.22 4364.79 5285.69 4032.24
KOJI TAKAMATSU
OPERATING POSITION (Rs. In
Million
REGISTERED OFFICE: Sales (Net) / Revenues 17420.26 16608.41 20855.54 13747.82
Cost of Sales 15790.55 15044.64 19298.99 12782.17
1, Mcleod Road,
Gross Profit 1629.72 1563.77 1556.54 965.65
Operating Expenses 604.08 641.60 564.12 450.84
Lahore 1025.64 922.17 992.42 514.81
Operating Profit / (Loss)
HEAD OFFICE: Financial Charges 151.61 269.34 252.09 251.78
Other Income 173.04 150.68 263.87 89.74
1, Mcleod Road, Prior Year Adjustment 0.00 0.00 0.00 0.00

Profit / (Loss) Before Taxation 1047.06 803.52 1004.20 352.78

Taxation Current & Deff 358.68 230.53 302.20 94.23
Lahore
Prior Years 11.55 19.39 -1.01 34.02
AUDITORS: Total 370.23 249.92 301.19 128.25
Profit / (Loss) After Taxation 676.83 553.59 703.01 224.53
Hameed Chaudhri & Co
RATIOS
LOCATION OF FACTORY / PLANT
Book Value 72.95 72.35 71.97 70.22
Various Locations.
Assets Turnover 2.28 2.07 2.40 1.84
Current Ratio 1.32 1.29 1.31 1.26
YEAR ENDING: Earning Per Share Pre Tax 29.28 19.54 21.23 7.46
March Earning Per Share After Tax 18.92 13.46 14.86 4.75
Payout Ratio After Tax 39.64 55.72 43.74 94.74
AUTHORISED CAPITAL:
Market Capitalization 6669.27 7048.69 9617.78 5331.07
1000 Million in DISTRIBUTION
Rs.

PAID UP VALUE:
Rs: 10 Cash Dividend % 60.00 60.00 65.00 30.00
Stock Dividend % 15.00 15.00 0.00 15.00
SHARES TRADED: Total % 75.00 75.00 65.00 45.00

0.537 mil SHARE PRICE Rs.

No.of SHAREHOLDERS: High 262.75 234.65 237.00 169.57
1171 Low 110.20 108.10 169.67 55.85
CAPACITY UTILISATION: Average 186.48 171.38 203.34 112.71

Multi Products.

COMPANY INFORMATION
Atlas Honda Limited was incorporated as a public
limited company on October 16, 1962 and its shares
are listed on Karachi and Lahore stock exchanges. The
company is principally engaged in progressive
manufacturing and marketing of motorcycles and auto
parts. The financial figures for the year 2009 are nine
months ended.