 | |
| Company type | Public |
|---|---|
| Industry | Automotive |
| Founded | 1 July 1990 |
| Headquarters | Port Qasim,, Pakistan |
Area served | |
Key people |
|
| Products | Automobiles |
| Revenue |  Rs. 152.5 billion (US$530 million) (2024) |
 Rs. 23.3 billion (US$81 million) (2024) | |
| Rs. 15.1 billion (US$52 million) (2024) | |
| Total assets | Rs. 145.8 billion (US$500 million) (2024) |
| Total equity | Rs. 67.2 billion (US$230 million) (2024) |
| Owner |
|
Number of employees | 2,579 (2024) |
| Parent | |
| Website | toyota-indus |
Indus Motor Company Limited, operating asToyota Indus, is a Pakistaniautomobile manufacturer which is a subsidiary of Japanese multinational automakerToyota Motor Corporation. It is based inKarachi, Pakistan.
Founded in 1989, as a joint venture betweenHouse of Habib,Toyota Tsusho andToyota Motors.[1][2][3]
Indus Motor is the authorized assembler and manufacturer ofToyota andDaihatsu vehicles, auto parts and accessories in Pakistan since 1 July 1990 at its 109.5 acres (0.443 km2) manufacturing plant atPort Qasim Industrial Zone, outsideKarachi.[4]
Indus Motor Company was incorporated as a public limited company in December 1989 and was listed on theKarachi Stock Exchange in 1992.[5] The company started its commercial operations in March 1993.[2]
In March 2000, the company started production of the L500 seriesDaihatsu Mira in Pakistan which was locally sold as the Daihatsu Cuore and featured an 850-cc engine.[6]
In 2008, Toyota acquired 9.83 million shares from Overseas Investors AG and general public at the price ofRs. 370 (equivalent toRs. 1,900 or US$6.50 in 2021) per share.[7]
In January 2012, the company halted production of the L500 seriesDaihatsu Cuore in Pakistan.[8]
Former Chairman of Indus Motor Company Ltd,Ali Suleman Habib died on 18 April 2020.[9]
In May 2023, Toyota Indus announced that theCorolla Cross Hybrid would be locally assembled in Pakistan.[10]
Toyota Indus started exporting automotive parts to Toyota Egypt in July 2023.[11]
After an investment of over $100 million, the company inaugurated its hybrid electric vehicle assembly line on 6 December, 2023.[12] Following the inauguration of the assembly line, the company commenced the production of the Corolla Cross Hybrid, making it Toyota's first hybrid electric vehicle to be assembled in Pakistan.[13]
In August 2024, Toyota Indus began exporting Corolla Cross, Hilux and Fortuner models toOceanian countries.[14]
| Year ended | Revenue (PKR million) | Operating income (PKR million) | Net income (PKR million) | Total assets (PKR million) | Total equity (PKR million) |
|---|---|---|---|---|---|
| 30 June 2010[15] | 60,093 | 5,386 | 3,443 | 27,138 | 12,588 |
| 30 June 2011[15] | 61,703 | 4,088 | 2,743 | 26,835 | 14,120 |
| 30 June 2012[15] | 76,963 | 6,374 | 4,303 | 27,576 | 17,014 |
| 30 June 2013[15] | 63,829 | 5,000 | 3,358 | 25,106 | 17,693 |
| 30 June 2014[15] | 57,064 | 5,055 | 3,873 | 26,111 | 19,916 |
| 30 June 2015[16] | 96,516 | 14,184 | 9,110 | 50,399 | 24,036 |
| 30 June 2016[17] | 108,759 | 17,397 | 11,455 | 57,537 | 27,630 |
| 30 June 2017[18] | 112,272 | 19,141 | 13,001 | 63,880 | 31,197 |
| 30 June 2018[19] | 140,208 | 22,999 | 15,772 | 81,927 | 36,744 |
| 30 June 2019[20] | 157,996 | 18,976 | 13,715 | 64,783 | 40,045 |
| 30 June 2020[21] | 86,167 | 7,287 | 5,082 | 80,279 | 41,169 |
| 30 June 2021[22] | 179,162 | 18,199 | 12,828 | 133,906 | 48,201 |
| 30 June 2022[23] | 275,506 | 25,453 | 15,802 | 213,965 | 54,011 |
| 30 June 2023[24] | 177,711 | 16,797 | 9,554 | 122,764 | 60,070 |
| 30 June 2024[25] | 152,481 | 23,327 | 15,072 | 145,820 | 67,226 |
Toyota Indus sells two different types of vehicles; complete knock-down kits (CKD) which are locally assembled at their plant in Karachi and completely built units (CBU) which are imported from the Toyota plants in Japan or Thailand, depending on the vehicle.
| Domestic manufacturers | |
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| Foreign companies with operations | |
| Defunct manufacturers | |
| Components & parts | |
| Related topics | |
 KSE 100 companies of Pakistan | |
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As of October 2024 |
