Atlas Honda Limited (ATLH) financial ratios

Atlas Honda Limited earned a net margin of 7.7% in FY2026 against a five-year average of 5.8% (Automobile Assembler median 8.8%). Return on equity was 51.0%, compared with a sector median of 36.2%. The current ratio stood at 1.62× and debt was 1.0% of equity. Cash took about 4 days to cycle through receivables, inventory and payables.

FY2026 vs the Automobile Assembler median

Gross margin: 13.2%; Sector median 19.4%
Operating margin: 13.6%; Sector median 12.7%
Net margin: 7.7%; Sector median 8.8%
Return on equity (ROE): 51.0%; Sector median 36.2%
Return on assets (ROA): 21.9%; Sector median 16.2%
Current ratio: 1.62×; Sector median 1.61×
Debt to equity: 1.0%; Sector median 2.9%
Asset turnover: 2.84×; Sector median 1.51×
Dividend payout ratio: 32.9%; Sector median 17.9%

Median of the 10 companies in the sector with the figure for their latest fiscal year.

ATLH financial ratios (annual) (Rs mn)
Rs mn	FY2026 Apr 2025 – Mar 2026	FY2025 Apr 2024 – Mar 2025	FY2024 Apr 2023 – Mar 2024	FY2023 Apr 2022 – Mar 2023	FY2022 Apr 2021 – Mar 2022	FY2021 Apr 2020 – Mar 2021	FY2020 Apr 2019 – Mar 2020	FY2019 Apr 2018 – Mar 2019	FY2018 Apr 2017 – Mar 2018	FY2017 Apr 2016 – Mar 2017	FY2016 Apr 2015 – Mar 2016	FY2015 Apr 2014 – Mar 2015	FY2014 Apr 2013 – Mar 2014	FY2013 Apr 2012 – Mar 2013	FY2012 Apr 2011 – Mar 2012	FY2011 Apr 2010 – Mar 2011	FY2010 * Apr 2009 – Mar 2010	FY2009 * Apr 2008 – Mar 2009	FY2008 * Jul 2007 – Jun 2008	FY2007 * Jul 2006 – Jun 2007
Profitability
Gross margin	13.2%	10.9%	7.7%	7.1%	7.5%	7.4%	7.2%	8.0%	10.7%	10.5%	10.3%	10.2%	9.5%	8.7%	7.3%	7.5%	7.8%	—	7.3%	9.4%
EBITDA margin	14.3%	10.9%	5.6%	4.9%	5.4%	5.6%	5.3%	5.7%	8.3%	8.1%	7.6%	7.4%	6.7%	6.1%	5.0%	5.3%	5.8%	—	7.4%	8.6%
Operating margin	13.6%	10.1%	4.6%	3.9%	4.5%	4.2%	3.7%	4.3%	7.2%	6.8%	6.3%	5.9%	5.2%	4.7%	3.7%	3.9%	4.0%	—	5.1%	5.7%
Pre-tax margin	12.6%	11.8%	9.9%	6.0%	5.9%	5.5%	5.2%	5.6%	8.1%	7.9%	7.4%	7.1%	6.0%	5.2%	4.3%	4.3%	4.2%	—	4.8%	4.8%
Net margin	7.7%	7.5%	6.1%	3.7%	4.2%	3.9%	3.6%	3.9%	6.0%	5.8%	5.5%	5.1%	4.5%	3.8%	3.2%	3.1%	1.3%	—	1.9%	2.6%
Effective tax rate	38.6%	36.6%	38.3%	38.2%	28.6%	30.2%	30.2%	30.5%	25.6%	26.3%	25.8%	27.5%	25.6%	27.2%	25.7%	28.9%	68.5%	—	59.6%	45.7%
Returns
Return on equity (ROE)	51.0%	46.8%	37.7%	22.8%	28.2%	20.4%	19.3%	20.5%	31.9%	30.9%	29.7%	27.4%	27.7%	26.9%	24.0%	23.6%	9.4%	—	12.7%	15.6%
Return on assets (ROA)	21.9%	18.7%	13.3%	8.5%	12.3%	9.7%	9.8%	10.1%	16.2%	16.3%	16.6%	15.6%	15.2%	14.0%	11.7%	11.1%	4.3%	—	4.9%	5.6%
Return on invested capital (ROIC)	50.6%	46.4%	37.4%	22.6%	27.6%	20.0%	19.3%	20.5%	31.9%	30.9%	29.7%	27.4%	27.7%	26.9%	24.0%	23.8%	9.2%	—	11.9%	15.9%
Liquidity
Current ratio	1.62×	1.51×	1.39×	1.25×	1.45×	1.42×	1.54×	1.44×	1.57×	1.60×	1.66×	1.83×	1.71×	1.63×	1.45×	1.45×	1.49×	—	1.31×	1.29×
Quick ratio	1.39×	1.32×	1.15×	1.05×	1.16×	1.21×	1.12×	1.07×	1.36×	1.37×	1.39×	1.46×	1.27×	1.08×	0.93×	0.92×	0.93×	—	0.75×	0.70×
Leverage
Debt to equity	1.0%	1.1%	1.2%	0.9%	1.7%	3.3%	1.4%	—	—	—	—	—	—	—	0.0%	1.9%	22.5%	—	33.3%	52.9%
Debt to capital	1.0%	1.1%	1.2%	0.9%	1.7%	3.2%	1.4%	—	—	—	—	—	—	—	0.0%	1.9%	18.4%	—	25.0%	34.6%
Debt to assets	0.4%	0.5%	0.5%	0.3%	0.8%	1.4%	0.8%	—	—	—	—	—	—	—	0.0%	0.9%	10.3%	—	13.0%	19.6%
Assets to equity	2.33×	2.51×	2.83×	2.68×	2.28×	2.10×	1.97×	2.03×	1.96×	1.90×	1.79×	1.76×	1.83×	1.92×	2.05×	2.13×	2.20×	2.39×	2.62×	2.81×
Efficiency
Asset turnover	2.84×	2.50×	2.18×	2.31×	2.92×	2.51×	2.69×	2.58×	2.70×	2.81×	3.04×	3.04×	3.37×	3.68×	3.69×	3.58×	3.21×	—	2.49×	2.12×
Receivable days days	8	5	3	4	5	10	12	10	7	7	7	6	5	6	6	6	6	—	13	14
Inventory days days	17	20	25	24	18	22	26	22	16	16	16	20	23	24	25	26	—	—	40	52
Payable days days	21	21	18	18	18	23	23	19	15	16	17	23	23	26	27	22	—	—	21	24
Cash conversion cycle days	4	5	10	9	6	9	15	13	8	7	6	3	4	4	4	10	6	—	33	42
Dividends
Dividend payout ratio	32.9%	34.2%	38.3%	32.2%	33.3%	46.6%	34.3%	32.2%	59.9%	51.0%	49.9%	52.8%	51.7%	38.5%	38.8%	40.6%	80.3%	—	75.7%	56.6%
Earnings retention rate	0.67×	0.66×	0.62×	0.68×	0.67×	0.53×	0.66×	0.68×	0.40×	0.49×	0.50×	0.47×	0.48×	0.61×	0.61×	0.59×	0.20×	—	0.24×	0.43×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

ATLH: frequently asked questions

What is ATLH's EPS?

Atlas Honda Limited reported basic earnings per share of Rs 170.21 for FY2026 (Apr 2025 – Mar 2026). Over the trailing twelve months (TTM to Jun 2026) EPS was Rs 179.95.

What is ATLH's P/E ratio?

At the closing price of Rs 1,570.83 on 16 Oct 2026, ATLH trades at a P/E of 8.7× based on EPS of Rs 179.95 (TTM to Jun 2026).

Does ATLH pay dividends?

Yes. Atlas Honda Limited declared a dividend of Rs 102.00 per share for FY2026. It has paid a dividend in each of the last 17 years. At Rs 1,570.83 that is a dividend yield of 6.5%.

What was ATLH's revenue and profit in FY2026?

Atlas Honda Limited reported revenue of Rs 273.9 bn and profit attributable to shareholders of Rs 21.1 bn for FY2026 (Apr 2025 – Mar 2026).

What is ATLH's book value per share?

Atlas Honda Limited's book value per share was Rs 374.85 at the end of FY2026. The shares trade at 4.28× book value.

Information only, not investment advice.