IMPAL
India Motor Parts and Accessories share price & financials
- Price
- ₹1,098.8
- Market cap
- ₹1.4k Cr
What India Motor Parts and Accessories Limited does
India Motor Parts and Accessories Limited (IMPAL) distributes automotive spare parts and accessories on a wholesale and retail basis to dealers across India, earning through the sale of parts sourced from manufacturers rather than manufacturing them itself. Its product range covers replacement parts for cars, utility vehicles and commercial vehicles, including brake parts, steering components and fasteners. The company operates through a branch network reaching rural as well as urban markets, and holds a wholly-owned subsidiary, CAPL Motor Parts Private Limited, engaged in the same line of business.
Segments
- Sale and distribution of motor vehicle parts and accessories
- National business locations
- 81
- Permanent employees
- 854
- Branches (opened during FY23)
- 3 new branches (rural reach)
- International locations
- Nil (domestic-only operations)
- Wholly-owned subsidiary
- CAPL Motor Parts Private Limited
- Markets served
- National (across India)
Quarterly results
Q1 FY27: revenue up 18.8%, net profit up 10.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 190 | 212 | 189 | 197 | 199 +5% | 231 +9% | 211 +12% | 234 +19% |
| EBITDA | 14 | 16 | 16 | 14 | 15 +7% | 18 +13% | 17 +6% | 18 +29% |
| Net profit | 23 | 16 | 24 | 20 | 26 +13% | 17 +6% | 33 +38% | 22 +10% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +9.6% 1Y
1Y: ₹1,015.9 on 10 Sept 2025 → ₹1,113.2. High ₹1,205.8 (6 Jul 2026), low ₹951.2 (30 Mar 2026).
Financials, as filed
Revenue grew 4.9% a year over 3 years, FY23 to FY26. Operating margin narrowed to 7.6%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹726 Cr | ₹732 Cr | ₹789 Cr | ₹838 Cr |
| Operating profit | ₹64 Cr | ₹57 Cr | ₹61 Cr | ₹64 Cr |
| Operating margin | 8.8% | 7.8% | 7.7% | 7.6% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹75 Cr | ₹74 Cr | ₹84 Cr | ₹96 Cr |
| Net margin | 10.3% | 10.1% | 10.6% | 11.5% |
| Cash from operations | ₹31 Cr | ₹27 Cr | ₹18 Cr | ₹5 Cr |
| Free cash flow | ₹27 Cr | ₹25 Cr | ₹16 Cr | ₹-1 Cr |
| ROCE | 6.0% | 5.0% | 4.0% | 5.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr |
| Reserves | ₹1.4k Cr | ₹1.2k Cr | ₹1.4k Cr | ₹2.5k Cr | ₹2.5k Cr | ₹2.3k Cr |
| Borrowings | ₹0 Cr | ₹5 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹188 Cr | ₹126 Cr | ₹132 Cr | ₹316 Cr | ₹308 Cr | ₹231 Cr |
| Total liabilities | ₹1.6k Cr | ₹1.4k Cr | ₹1.5k Cr | ₹2.8k Cr | ₹2.9k Cr | ₹2.5k Cr |
| Fixed assets | ₹14 Cr | ₹14 Cr | ₹17 Cr | ₹20 Cr | ₹18 Cr | ₹22 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹1.4k Cr | ₹1.2k Cr | ₹1.3k Cr | ₹2.6k Cr | ₹2.4k Cr | ₹2.3k Cr |
| Other assets | ₹197 Cr | ₹178 Cr | ₹192 Cr | ₹242 Cr | ₹426 Cr | ₹259 Cr |
| Total assets | ₹1.6k Cr | ₹1.4k Cr | ₹1.5k Cr | ₹2.8k Cr | ₹2.9k Cr | ₹2.5k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, FIIs trimmed −3.01 pp while the public added +2.99 pp.
- Promoters
- 35.2%
- FIIs
- 0.8%
- Public
- 64.0%
Since Jun 2025
- FIIs −3.01 pp
- Public +2.99 pp
- Promoters +1.40 pp
How it drifted, 12 quarters
Over this window FIIs fell from 8.0% to 0.8% — −7.2 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 30.7%, FIIs 8.0%, DIIs 2.5%, Public 58.8%.Dec '23: Promoters 30.7%, FIIs 8.0%, DIIs 2.5%, Public 58.8%.Mar '24: Promoters 30.7%, FIIs 8.0%, DIIs 2.5%, Public 58.8%.Jun '24: Promoters 30.7%, FIIs 8.1%, DIIs 2.5%, Public 58.7%.Sep '24: Promoters 30.7%, FIIs 7.9%, DIIs 2.5%, Public 58.9%.Dec '24: Promoters 30.7%, FIIs 7.9%, DIIs 2.5%, Public 58.9%.Mar '25: Promoters 30.7%, FIIs 7.9%, DIIs 2.5%, Public 58.9%.Jun '25: Promoters 33.8%, FIIs 3.8%, DIIs 1.4%, Public 61.0%.Sep '25: Promoters 33.8%, FIIs 3.6%, DIIs 1.3%, Public 61.3%.Dec '25: Promoters 33.8%, FIIs 3.6%, DIIs 1.3%, Public 61.3%.Mar '26: Promoters 33.8%, FIIs 3.6%, DIIs 1.3%, Public 61.3%.Jun '26: Promoters 35.2%, FIIs 0.8%, Public 64.0%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- TSF Investments Limited +2.84 pp 24.74% held
- Mrs Gita Ram +0.58 pp 1.13% held
- Mrs Nivedita Ram +0.24 pp 0.80% held
- Mr Sumanth Ramanujam +0.16 pp 0.90% held
- Mr Srikanth Ramanujam +0.16 pp 0.70% held
- Mr Ananth Ramanujam +0.15 pp 0.17% held
- Mrs Vijaya Rangarajan +0.08 pp 1.21% held
- Mr Arjun Rangarajan +0.08 pp 0.67% held
The same filing shows 1 holder trimming and 2 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of India Motor Parts and Accessories Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Trichur Sundaram Santhanam & Family Private Limited | 24.97% | unchanged |
| TSF Investments Limited | 24.74% | +2.84 pp |
| Mrs Vijaya Rangarajan | 1.21% | +0.08 pp |
| Mrs Gita Ram | 1.13% | +0.58 pp |
| Mr Sumanth Ramanujam | 0.90% | +0.16 pp |
| Mrs Nivedita Ram | 0.80% | +0.24 pp |
| Investor Education and Protection Fund (IEPF) | 0.79% | unchanged |
| Mr Srikanth Ramanujam | 0.70% | +0.16 pp |
| Silver Oak Holdings Private Limited | 0.67% | unchanged |
| Mr Arjun Rangarajan | 0.67% | +0.08 pp |
| Mr Sriram Viji | 0.66% | +0.08 pp |
| Mr Harsha Viji | 0.66% | +0.08 pp |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
FairTo justify its price of ₹1113, this stock must grow earnings at 10% every year for 7 years. Our analysis caps realistic growth at ~9%. At that growth it is worth ₹1015 — downside of 9%.
- Growth the price implies
- 10.5% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 8.6% a year
- net profit, FY23–FY26 · EPS 8.7%
- The gap
- 0.0 pp
- -9% downside if it only repeats history
Learn to analyse India Motor Parts and Accessories Limited
Guides on how to read this kind of business and the numbers that matter.