HINO

Hinopak Motors Limited

By PSX Investors Zone · Updated October 24, 2026

Hinopak Motors Limited company profile

Hinopak Motors Limited (PSX: HINO) is a Pakistan Stock Exchange-listed commercial vehicle assembler and manufacturer specializing in Hino trucks, buses, spare parts and accessories. The company is a subsidiary of Hino Motors Limited of Japan, with Toyota Motor Corporation as its ultimate parent. For the financial year ended March 31, 2026, Hinopak reported sales of Rs11.001 billion, profit after tax of Rs541.253 million and EPS of Rs21.82, compared with sales of Rs10.337 billion, profit after tax of Rs161.957 million and EPS of Rs6.53 in FY2025. It was classified as Shariah-compliant in the PSX-KMI All Share Islamic Index recomposition published in May 2026, based on December 2025 financial statements. However, the official PSX company page displays a Risk Warning Alert concerning continuous exchange-rule violations and potential suspension or delisting. Investors should review the latest financial statements, Shariah screening and exchange notices before making investment decisions.

Hinopak Motors Limited (PSX: HINO) is a Pakistan Stock Exchange-listed company engaged in the assembly, progressive manufacturing and sale of Hino commercial vehicles, including trucks and buses, as well as spare parts and accessories. According to the official PSX company profile, it was incorporated in Pakistan on June 18, 1985.

The company is a subsidiary of Hino Motors Limited, Japan, and its ultimate parent is Toyota Motor Corporation, Japan. Hinopak operates in Pakistan's commercial vehicle market, where demand is influenced by freight transportation, infrastructure development, industrial activity, public and private transport requirements, financing costs and economic conditions.

Business Overview

Hinopak's principal business is commercial vehicle assembly and manufacturing. Its product and service ecosystem includes Hino trucks, buses, spare parts and related after-sales support.

Commercial vehicle demand can fluctuate with construction activity, logistics requirements, public-sector transport purchases, fleet replacement cycles and business investment. Imported components, exchange-rate movements, supply-chain conditions and changes in production costs can also affect profitability.

The company's registered address is D2, S.I.T.E., Manghopir Road, Karachi, Pakistan. Its financial year ends on March 31.

Official references: Hinopak company profile and PSX company page.

Financial Performance

Hinopak reported improved annual sales and profitability in FY2026 compared with FY2025.

Financial MetricFY2026FY2025
SalesRs11.001 billionRs10.337 billion
Gross profitRs2.046 billionRs1.292 billion
Profit after taxRs541.253 millionRs161.957 million
Earnings per shareRs21.82Rs6.53

Sales increased by approximately 6.4% year over year, while profit after tax increased by approximately 234.2%. Gross profit rose by approximately 58.5%, and the gross profit margin improved from approximately 12.49% to 18.60%.

The results indicate improved reported profitability in FY2026. However, one strong year does not establish that the same growth will continue. Investors should review vehicle volumes, product mix, cost of sales, operating expenses, finance costs, working capital and cash generation.

Latest Reviewed Quarterly Results

For the quarter ended June 30, 2026, Hinopak reported sales of approximately Rs3.278 billion, profit after tax of Rs209.689 million and EPS of Rs8.45. These are quarterly figures and should not be interpreted as full-year results or annualized without considering seasonal and operational factors.

The latest available financial reports can be checked on the official Hinopak investor-relations page and the PSX company profile.

Dividend Information

The FY2026 financial-results summary reports a cash dividend of Rs10.91 per share. PSX lists an announcement dated August 7, 2026, concerning the credit of the final cash dividend for the year ended March 31, 2026.

Before publishing the dividend figure as an approved or paid distribution, verify the original PSX announcement and payout notice for the exact per-share amount, entitlement dates and payment status.

Dividends are not guaranteed to recur. Future distributions depend on the company's earnings, cash flow, financial commitments, capital requirements and board decisions.

Official reference: Hinopak Motors — PSX announcements.

Shariah Compliance Status

Hinopak Motors Limited was classified as Shariah-compliant in the PSX-KMI All Share Islamic Index recomposition published on May 29, 2026. The screening used financial statements as of December 31, 2025.

The published screening ratios were:

  • Debt ratio: 13.45%
  • Non-compliant investment ratio: 0.00%
  • Non-compliant income ratio: 0.07%
  • Illiquid assets ratio: 81.38%

These figures relate to the specified screening period and are not a guarantee of permanent compliance. Ratios and classifications may change when new financial statements become available or screening criteria are updated.

Investors who require Shariah-compliant investments should confirm the latest official PSX-KMI All Share Islamic Index status before buying, holding or selling shares.

Official reference: PSX-KMI All Share Islamic Index recomposition, May 29, 2026.

Important PSX Risk Warning

The official PSX company profile displays the following Risk Warning Alert:

The Company is in continuous violation as specified in Clauses 5.11.1. or 5.11.2. and carry risk of suspension of trading or being delisted from the Exchange and may be subject to such terms and conditions as specified by the Exchange.

This is a material exchange-compliance warning. It indicates that the company may face trading suspension or delisting if the relevant requirements are not addressed, subject to the Exchange's applicable rules and decisions.

The warning alone does not identify every underlying issue or confirm whether subsequent remedial action has been completed. Investors should consult the latest PSX notices and company announcements to understand the current status. This risk warning should remain prominent in any published profile.

Official reference: Hinopak Motors Limited — PSX profile.

Key Factors Investors Should Monitor

  • Commercial vehicle demand: sales volumes, fleet replacement and demand from transport and industrial customers.
  • Profit margins: manufacturing costs, product mix, pricing and operating expenses.
  • Supply-chain exposure: imported components, exchange-rate movements and procurement delays.
  • Working capital: inventories, customer receivables, supplier payments and cash conversion.
  • Finance costs: borrowing levels, interest expense and changes in short-term financing needs.
  • Dividend sustainability: whether distributions are supported by available cash and earnings.
  • Shariah screening: the latest PSX-KMI All Share Islamic Index classification and ratios.
  • Exchange compliance: updates to the PSX Risk Warning Alert and any notices about trading suspension or delisting.

Frequently Asked Questions

What is Hinopak Motors Limited's PSX symbol?

The company's Pakistan Stock Exchange symbol is HINO.

Is Hinopak Motors Shariah-compliant?

It was classified as Shariah-compliant in the PSX-KMI All Share Islamic Index recomposition published on May 29, 2026, based on December 2025 financial statements. Investors should check for a newer official screening before relying on this status.

What does Hinopak Motors do?

It assembles and progressively manufactures Hino trucks and buses and sells related spare parts and accessories in Pakistan.

What were Hinopak's FY2026 results?

For the year ended March 31, 2026, it reported sales of Rs11.001 billion, profit after tax of Rs541.253 million and EPS of Rs21.82.

Does Hinopak Motors have a PSX risk warning?

Yes. Its official PSX profile displays a Risk Warning Alert concerning continuous exchange-rule violations and the risk of suspension or delisting. Check the latest exchange notices for updates.

Official Sources

This profile summarizes publicly available company and exchange information for investor education. Verify the latest financial results, dividend payout details, Shariah screening and PSX compliance notices before making investment decisions.

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This profile is for educational purposes and is not a recommendation to buy or sell any security.

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