MarketFriction

India Motor Parts & Accessories Ltd

NSE IMPAL · BSE 590065 · Trading - Auto components
₹1,009.10 -2.74%
NSE close2026-10-01
52 week range928.00 - 1,238.90
Market cap₹1,305 Cr.
P/E13.3
Price band 20% Delivery 66.3%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales177186179198190212189197199231211234
Expenses164173164183176195173183184213194216
Operating Profit131415151416161415181718
OPM %8%7%8%7%8%8%8%7%7%8%8%8%
Other Income127101015514121761810
Interest000000000000
Depreciation000000000000
Profit before tax252025252922292631233427
Tax %17%24%20%16%22%24%18%20%18%27%3%21%
Net Profit211520212316242026173322
EPS in Rs16.6112.1715.8816.7018.1113.0619.1716.3520.4313.7726.8117.39
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales502519476512519518628708741789837875
Expenses471484440469484474571645684727774807
Operating Profit313535423544576257626468
OPM %6%7%7%8%7%9%9%9%8%8%8%8%
Other Income7119162622153035445250
Interest000000000000
Depreciation111111111122
Profit before tax384644576065719291105114116
Tax %29%30%29%29%19%23%20%20%19%20%16%
Net Profit273231404950577474849798
EPS in Rs21.3725.7224.8632.3339.1840.2945.5259.0359.2367.0477.3678.40
Dividend Payout %28%28%29%37%26%25%29%41%46%45%43%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth5%10%6%11%
Compounded Profit Growth13%17%11%15%
Stock Price CAGR7%7%10%-1%
Return on Equity4%4%4%4%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital8888812121212121212
Reserves2062237398701,0029231,4201,2101,3512,0582,2342,296
Borrowings161312191414050000
Other Liabilities46465854107102188126132240259231
Total Liabilities2762918189521,1301,0511,6211,3541,4962,3112,5052,540
Fixed Assets111114131515141417201822
CWIP000000000000
Investments941146737949648601,4091,1621,2882,0632,2322,258
Other Assets171165131145152177197178192228256259
Total Assets2762918189521,1301,0511,6211,3541,4962,3112,5052,540
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity2032231315290-33127185
Cash from Investing Activity-12-14-57-5-540-71-64151334
Cash from Financing Activity-11-21-51-17-33-14-7-33-30-35-37
Net Cash Flow-3-3-408-695-17212-42
Free Cash Flow1831191213190-1272516-1
CFO/OP94%134%107%70%80%35%230%26%80%74%62%35%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days374041505254535246485046
Inventory Days404037464751424850454650
Days Payable223034373728624235362914
Cash Conversion Cycle555143606277345760586783
Working Capital Days363737425167365055546277
ROCE %19%16%7%5%5%5%4%5%6%5%4%5%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters30.71%30.71%30.71%30.71%30.71%30.71%30.71%33.81%33.81%33.81%33.81%35.21%
FIIs7.96%7.96%8.04%8.08%7.88%7.89%7.89%3.77%3.60%3.60%3.60%0.76%
DIIs2.49%2.49%2.49%2.49%2.49%2.49%2.49%1.38%1.34%1.34%1.34%0.00%
Public58.83%58.83%58.75%58.71%58.92%58.90%58.91%61.04%61.25%61.25%61.25%64.03%
No. of Shareholders9,2009,8459,7039,93710,73710,90411,12411,37911,85111,64511,49911,436

Fundamentals

Market Cap₹ 1,305 Cr.
Current Price₹ 1,043
Stock P/E13.3
Book Value₹ 1,850
ROCE4.53 %
ROE3.83 %
Dividend Yield3.17 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)11%
Compounded Profit Growth (TTM)15%
Standalone figures.
Valuation
Market capRs 1,259 Cr
Enterprise valueRs 1,213 Cr
P/E (TTM)12.87x
Price to book0.55x
Price to sales1.44x
EV / EBITDA10.29x
EV / EBIT10.43x
EV / sales1.39x
Price to cash flow255.97x
Earnings yield7.77%
Dividend yield3.27%
P/E, 3-year average14.37x
P/B, 3-year average0.55x
P/E, 5-year average13.95x
P/B, 5-year average0.59x
Profitability
Operating margin (excl. other income)7.60%
Operating margin (incl. other income)13.85%
EBITDA margin13.47%
Pre-tax margin13.29%
Net profit margin11.19%
Net margin, latest quarter9.26%
ROE4.24%
ROCE5.03%
ROA3.83%
ROE, 3-year average4.14%
ROCE, 3-year average5.06%
ROA, 3-year average3.73%
ROE, 5-year average4.48%
ROCE, 5-year average5.53%
ROA, 5-year average4.04%
ROIC (approx.)4.34%
Tax rate15.64%
Other income / net worth2.27%
Growth
Sales growth (latest year)6.12%
Profit growth (latest year)15.39%
Sales CAGR, 3 years5.76%
Sales CAGR, 5 years10.08%
Profit CAGR, 3 years9.43%
Profit CAGR, 5 years13.94%
Sales growth QoQ11.19%
Profit growth QoQ-35.15%
Sales growth YoY (latest quarter)19.12%
Profit growth YoY (latest quarter)6.32%
Per share
EPS (TTM)Rs 78.40
EPS (latest year)Rs 77.36
EPS (latest quarter)Rs 17.39
EPS, 3-year averageRs 67.88
EPS, 5-year averageRs 61.64
Book value per shareRs 1,849.50
Sales per shareRs 700.89
Cash flow per shareRs 3.94
Free cash flow per shareRs -0.80
Dividend per share (latest year)Rs 33.00
Dividend per share, 3-year averageRs 30.00
Dividend per share, 5-year averageRs 25.40
Dividends
Dividend payout42.65%
Dividend payout, 3-year average44.33%
Dividend payout, 5-year average40.44%
Efficiency
Asset turnover0.33x
Fixed asset turnover37.69x
Inventory turnover7.29x
Inventory days50 days
Debtor days46 days
Debtors turnover7.87x
Creditor days14 days
Cash conversion cycle83 days
Working capital days77 days
Leverage
Cash and bankRs 47 Cr
Net debtRs -47 Cr
Net debt / EBITDA-0.40x
Current ratio (filing 2026-03-31)9.10x
Quick ratio (filing 2026-03-31)6.46x
Trade payables (filing 2026-03-31)Rs 26 Cr
Owners' fund to total sources90.89%
Cash flow
Cash from Operating Activity (latest year)Rs 5 Cr
Cash from Investing Activity (latest year)Rs 34 Cr
Cash from Financing Activity (latest year)Rs -37 Cr
Net Cash Flow (latest year)Rs 2 Cr
Free cash flow (latest year)Rs -1 Cr
Cash from ops / profit, 5 years0.20x
Sales to cash flow170.14x
Statement figures
Net sales (TTM)Rs 875 Cr
Net sales (latest year)Rs 837 Cr
Sales (latest quarter)Rs 234 Cr
Operating profit excl. other income (latest year)Rs 64 Cr
Operating profit (latest quarter)Rs 18 Cr
Other income (TTM)Rs 50 Cr
EBITDA (TTM)Rs 118 Cr
PBDT (TTM)Rs 118 Cr
Profit before tax (TTM)Rs 116 Cr
Tax (latest year)Rs 18 Cr
Net profit (TTM)Rs 98 Cr
Net profit (latest year)Rs 97 Cr
Net profit (latest quarter)Rs 22 Cr
Depreciation (TTM)Rs 2 Cr
Depreciation (latest quarter)Rs 0 Cr
Cost of goods sold (latest year)Rs 707 Cr
Total expenditure (latest year)Rs 774 Cr
Total income (latest year)Rs 889 Cr
Share capitalRs 12 Cr
ReservesRs 2,296 Cr
Shareholders' fundsRs 2,308 Cr
Total assetsRs 2,540 Cr
Net blockRs 22 Cr
InvestmentsRs 2,258 Cr
ReceivablesRs 106 Cr
InventoryRs 97 Cr
Other liabilitiesRs 231 Cr
Shares outstanding (crore)1.25
Ownership
Promoter holding35.21% (+1.40 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 12.9 is the lowest in its own 9.4-year history (median 17.1, low 12.9, high 29.6).
P/B 0.55 is at the 2th percentile (median 0.73).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodIMPALNifty 50Difference
1 week-4.4%-2.8% -1.7 pts
1 month-10.8%-6.8% -4.0 pts
3 months-9.5%-7.6% -1.9 pts
6 months+6.1%+0.4% +5.7 pts
1 year-5.5%-9.9% +4.4 pts
2 years-25.7%-13.6% -12.2 pts
3 years+27.7%+14.2% +13.5 pts
5 years+33.7%+27.9% +5.8 pts

Red flags

F-score 6 of 8
explainWeak cash conversion Cash from operations was 20% of net profit over the last 3 years
lookProfit leans on other income Other income was 46% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹234 Cr +18.8% vs Jun 2025. Net profit ₹22 Cr +10.0%.
Against our estimate for Jun 2026: sales +7.7%, profit -12.8% miss. Our estimate for Sep 2026: sales Rs 229 Cr, profit Rs 26 Cr (how).

Activity

Compare
CompanyMcap (Cr)P/EROCE
Jullundur Motor Agency (Delhi) Ltd2046.3715.2 %
No bulk or block deals on record.
Ex-dateActionFactor
2026-07-14Dividend - Rs 23 Per Share
2026-01-29Interim Dividend - Rs 10 Per Share
2025-07-18Dividend - Rs 20 Per Share
2025-02-06Interim Dividend - Rs 10 Per Share
2024-07-15Annual General Meeting/Dividend - Rs 18 Per Share
2024-02-08Interim Dividend - Rs 9 Per Share
2023-07-21Annual General Meeting/Dividend - Rs 15 Per Share
2023-02-09Interim Dividend - Rs 9 Per Share
2021-08-30 Annual General Meeting/Dividend - Rs 10 Per Share
2020-03-12 Interim Dividend - Rs 10 Per Share
2019-10-25 Bonus 1:20.6667
2019-09-09 Annual General Meeting/Dividend - Rs 8 Per Share
2019-06-10 Interim Dividend - Rs 10 Per Share
2018-08-10 Annual General Meeting
2018-06-11 Interim Dividend- Rs 11 Per Share
2017-08-24 Annual General Meeting/ Dividend - Rs 6/- Per Share
2017-02-07 Interim Dividend Rs 5/- Per Share
2016-08-19 Annual General Meeting
2016-03-17 Interim Dividend - Rs 6.50/- Per Share
2015-11-17 Interim Dividend Rs 2.50 Per Share
2015-08-11Annual General Meeting
2015-06-09Interim Dividend - Rs 10/- Per Share
2014-11-10Special Dividend Rs.4/- Per Share
2014-09-19Annual General Meeting
2014-06-04Interim Dividend - Rs 9/- Per Share (Purpose Revised)
2013-07-30Annual General Meeting/Dividend Rs 2.50 Per Equity Share
2013-02-15Interim Dividend Rs 6.50 Per Share (Purpose Revised)
2012-09-10Bonus 1:10.5000
2012-08-03Annual General Meeting
2012-06-06Interim Dividend Rs 19 Per Share
2011-09-16Annual General Meeting
2011-05-09Interim Dividend Rs 17 Per Share (Purpose Revised)
2010-08-18Annual General Meeting And Final Dividend Rs.1.50 Per Share
2010-02-15Int Div-Rs.14/- Per Sharepurpose Revised
2009-08-26Annual General Meeting
2009-07-14Int Div-Rs.12/- Per Sharepurpose Revised
2008-08-18Annual General Meeting
2008-07-14Int Div-Rs.9.50 Per Sharepurpose Revised
2007-08-28Agm/Final Dividend-20%
2007-03-20Interim Dividend-70% Purpose Revised
2006-08-24Agm
2006-07-25Interim Dividend-70% Purpose Revised
DateTypeWhat it says
2026-07-30Board meeting outcomeIndia Motor Parts and Accessories Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-23Shareholder meetingIndia Motor Parts and Accessories Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on July 21, 2026
2026-07-21Shareholder meetingProceedings of Annual General Meeting held on July 21, 2026
2026-06-27Shareholder meetingNotice of Annual General Meeting to be held on July 21, 2026
2026-05-21Disclosure under SEBI TakeovIndia Motor Parts and Accessories Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Boa...
2026-05-08ResignationResignation of Director/KMP/SMP
2026-05-08ResignationResignation of Director/KMP/SMP
2026-05-08Director changeChange in Director(s) of the company.
2026-05-08Record DateRecord date for the purpose of Dividend is 14-Jul-2026.
2026-05-08DividendBoard of Directors at its meeting held on May 08, 2026, recommended Final Dividend of Rs. 23 per equity share.
2026-05-08Board meeting outcomeIndia Motor Parts and Accessories Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-04-16Disclosure under SEBI TakeovTRICHUR SUNDARAM SANTHANAM & FAMILY PVT LTD has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange B...
2026-03-09Credit RatingCredit Rating
2026-01-22DividendBoard of Directors at its meeting held on January 22, 2026, declared Interim Dividend of 10 per equity share.
2026-01-22Record DateRecord date for the purpose of Dividend is 29-Jan-2026.
2026-01-22DividendBoard of Directors at its meeting held on January 22, 2026, declared Interim Dividend of Rs. 10 per equity share.
2026-01-22Board meeting outcomeIndia Motor Parts and Accessories Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2025-12-22Reply to Clarification- FinaThe Exchange had sought clarification from India Motor Parts and Accessories Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 o...
2025-12-09Clarification - Financial ReThe Exchange has sought clarification from India Motor Parts and Accessories Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 o...
2025-10-29Board meeting outcomeIndia Motor Parts and Accessories Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
2025-10-28Board meeting outcomeBoard meeting held on October 28, 2025.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of India Motor Parts & Accessories Ltd?

India Motor Parts & Accessories Ltd (IMPAL) has a market capitalisation of Rs 1,305 Cr. at the 2026-10-01 close.

What is the P/E ratio of India Motor Parts & Accessories Ltd?

India Motor Parts & Accessories Ltd trades at a P/E of 13.3 on trailing twelve-month profit, at the 2026-10-01 close.

What were India Motor Parts & Accessories Ltd's latest quarterly results?

In the Jun 2026 quarter, India Motor Parts & Accessories Ltd sales was Rs 234 Cr (+18.8% vs Jun 2025) and net profit was Rs 22 Cr.

What is the 52-week high and low of India Motor Parts & Accessories Ltd?

The 52-week high is Rs 1,238.90 and the 52-week low is Rs 928.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03