Skip to main content
Swing Capital

India Motor Parts & Accessories Ltd

NSE: IMPAL BSE: 590065Auto

India Motor Parts & Accessories Ltd is engaged in the distribution of automobile spare parts and accessories through its distribution network representing over 50 manufacturers.[1]

₹1,025
52W: ₹928 — ₹1194
PE 13.2 · Book ₹1850 · -45% vs book
Market Cap₹1,279 Cr
Stock P/E13.2Price to Earnings
ROCE5.03%Return on Capital
ROE4.24%Return on Equity
Div. Yield2.95%Face Value ₹10

Strengths

  • +Company is almost debt free.
  • +Stock is trading at 0.57 times its book value
  • +Market value of investments Rs.1,529 Cr. is more than the Market Cap Rs.1,291 Cr.
  • +Company has been maintaining a healthy dividend payout of 44.3%

Weaknesses

  • −The company has delivered a poor sales growth of 10.1% over past five years.
  • −Promoter holding is low: 33.8%
  • −Company has a low return on equity of 3.84% over last 3 years.
  • −Earnings include an other income of Rs.52.4 Cr.
  • −Working capital days have increased from 75.2 days to 109 days

Shareholding Pattern

Promoters33.81%
FIIs3.6%
DIIs1.34%
Public61.25%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters30.71%30.71%30.71%30.71%33.81%▲3.133.81%33.81%33.81%
FIIs8.08%7.88%▼0.27.89%▲0.07.89%3.77%▼4.13.6%▼0.23.6%3.6%
DIIs2.49%2.49%2.49%2.49%1.38%▼1.11.34%▼0.01.34%1.34%
Public58.71%58.92%▲0.258.9%▼0.058.91%▲0.061.04%▲2.161.25%▲0.261.25%61.25%

Financial Statements

MetricDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales186179198190212189197199231211
Expenses173164183176195173183184213194
Operating Profit14151514161614151817
OPM %7%8%7%8%8%8%7%7%8%8%
Net Profit15202123162420261733
EPS ₹12.1715.8816.718.1113.0619.1716.3520.4313.7726.81

AI Insights

Revenue Trend

Mar 2026 revenue at ₹837Cr, up 6.1% YoY. OPM at 8%.

Debt Position

Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.

Institutional Flow

DIIs: 1.34% (-1.15pp change). FIIs: 3.6% (-4.36pp change). Promoters hold 33.81%.

Margin & Efficiency

ROCE declining from 19% (Mar 2015) to 5% (Mar 2026). Working capital days: 109.

Valuation

PE 13.2x with 5.03% ROCE. Price is -45% above book value of ₹1,850. Dividend yield: 2.95%.

Recent Announcements