About
the Company

Atlas Engineering was established as partnership firm in 1951, named “Allwin Engineering Industries”

In 1963, the Company was incorporated as a Private Limited Company and was converted into Public Listed Company in 1966. In 2012, the Company opted for voluntary delisting from Stock Exchanges. The Company was reconverted into a Private Limited Company with effect from January 05, 2018.

A significant milestone was achieved on July 1, 2024, as the Company amalgamated with Atlas Autos Private Limited, fostering synergy and operational efficiencies. Today, Atlas Engineering (Private) Limited stands as a dynamic entity, leveraging decades of experience and renewed strategic focus. This recent amalgamation positions the Company as a robust player in the auto industry, combining expertise and resources for sustained growth.

Manufacturing Business

Atlas Engineering was established to manufacture high-quality auto parts and components at competitive prices. Over the years, the Company has rapidly evolved into a strategic asset for Atlas Group as an automotive parts manufacturer. The Company is engaged in manufacturing of motorcycle parts indigenously for motorcycles produced by Atlas Honda Limited. The Company is playing a key role in controlling manufacturing costs whilst maintaining the highest quality standards to ensure that Atlas Honda remains firmly ahead of its competitors and customers enjoy a seamless experience at affordable price.

Lubricant Business

Atlas Engineering manufactures high-quality parts and components at competitive prices. Over the Years, the Company has evolved into a strategic asset for Atlas Group. The Company is playing a key role in controlling manufacturing costs whilst maintaining the quality standards to ensure that its customer remains firmly ahead of its competitors.

The Way Forward

Keeping in view the existing demand of two-wheeler in the country, the Company plans to diversify its production facilities in line with the production requirements of Atlas Group companies. The Company is determined to break into export segment with renewed form.

Establishments

Registered Office:
15th Mile, National Highway, Landhi, Karachi

Manufacturing Facilities:

...
A Karachi Plant
15th Mile, National Highway, Landhi, Karachi

Located in the Atlas Industrial Park over an area of 111,669 sq.ft., this factory works in close coordination with several other group companies.

Map
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B Sheikhupura Plant
26-27 KM, Lahore-Sheikhupura Road, Sheikhupura

Spread over an area of 44,643 sq.ft., the plant is strategically located in close proximity of the manufacturing facility of Atlas Honda Limited.

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General

Company registration number: 0001665
National tax number: 1351704-0
Sales tax registration number: 0204870800282
Parent company: Shirazi Investments (Private) Limited
Investments: Atlas DID (Private) Limited (Subsidiary - 60%)
Atlas Hitec (Private) Limited (Associate - 44.77%)
Atlas GCI (Private) Limited (Associate - 20%)
Auditors: ShineWing Hameed Chaudhri & Co. Chartered Accountants
Legal advisor: Mohsin Tayebaly & Co.
Tax advisor: Ernst & Young Ford Rhodes Sidat Hyder, Chartered Accountants
Memberships of major associations: Karachi Chamber of Commerce & Industries
Pakistan Association of Automotive Parts Accessories Manufacturers
Sheikhupura Chamber of Commerce & Industry
Employers’ Federation of Pakistan

Financial

Authorized Share Capital: Rs. 2,650 Million
Paid up Capital: Rs. 1,000 Million
Annual Revenue 2022-23: Rs. 21,844 Million
Bankers: Habib Bank Limited
Habib Metropolitan Bank Limited
Meezan Bank Limited
Standard Chartered Bank (Pakistan) Limited
Bank Alfalah Limited
Faysal Bank Limited
Allied Bank Limited
National Bank of Pakistan
Dubai Islamic Bank (Pakistan) Limited
Bank Al Makramah Limited
Soneri Bank Limited
MCB Bank Limited
MCB Islamic Bank Limited
Bank Al Habib Limited