Is India Motor Parts & Accessories a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that India Motor Parts & Accessories Ltd is a average quality company .

Is India Motor Parts & Accessories undervalued or overvalued?

The key valuation ratios of India Motor Parts & Accessories Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is India Motor Parts & Accessories share price return in the past 10 years?

India Motor Parts & Accessories Ltd share price has appreciated 13.1% annually (CAGR) over the past ten years.

Is India Motor Parts & Accessories a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of India Motor Parts & Accessories Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

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

The latest standalone P/E ratio of India Motor Parts & Accessories as of 25-Apr-2024 is 16.13.

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

The latest standalone P/B ratio of India Motor Parts & Accessories as of 25-Apr-2024 is 0.73.

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

The 52-week high of India Motor Parts & Accessories is Rs. 1210.00 and the 52-week low is Rs. 644.00.

India Motor Parts & Accessories Ltd - Stock Valuation and Financial Performance

Name: India Motor Parts & Accessories
Brand: India Motor Parts & Accessories

BSE: 590065 | NSE: IMPAL | Trading | Small Cap

Place order

India Motor Parts Share Price

₹1,023.60 7.25 0.71%
as on 25-Apr'24 16:01

10 Year X-Ray of India Motor Parts:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	13.8%	13.4%	11.2%	5.1%	3.2%	3.7%	3.9%	3.5%	4.3%	5.4%	-
Value Creation Index ⓘ	0.0	0.0	-0.2	-0.6	-0.8	-0.7	-0.7	-0.8	-0.7	-0.6	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	512	512	502	519	476	512	519	518	628	708	716
Sales YoY Gr.	-	0.1%	-2%	3.4%	-8.4%	7.6%	1.4%	-0.2%	21.2%	12.7%	-
Adj EPS ⓘ	23	23.8	21.2	20.5	21.5	28.2	30.9	32.9	45.5	56.4	63.5
YoY Gr.	-	3.4%	-10.8%	-3.3%	4.8%	31.1%	9.5%	6.6%	38.4%	23.8%	-
BVPS (₹) ⓘ	157.7	171.4	185.5	598.9	704	809.2	749.4	1,147.9	979.6	1,092.9	1,399.7
Adj Net Profit ⓘ	28.7	29.7	26.5	25.6	26.8	35.2	38.5	41.1	56.8	70.3	79
Cash Flow from Ops. ⓘ	21.7	20.1	31.9	23	12.6	15.3	2.1	89.8	-3.3	31.3	-
Debt/CF from Ops. ⓘ	0.7	0.8	0.4	0.5	1.5	0.9	6.5	0	-1.6	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	3.7%	8.3%	10.9%	12.7%
Adj EPS ⓘ	10.5%	21.3%	22.2%	23.8%
BVPSⓘ	24%	9.2%	13.4%	11.6%
Share Price	13.1%	11.8%	16.4%	44%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	15.4	14.5	11.9	5.2	3.3	3.7	4	3.5	4.3	5.4	5.1
Op. Profit Mgn % ⓘ	7.3	6.8	6.2	6.8	7.4	8.3	6.7	8.6	9.1	8.8	8.3
Net Profit Mgn % ⓘ	5.6	5.8	5.3	4.9	5.6	6.9	7.4	7.9	9.1	9.9	11.1
Debt to Equity ⓘ	0.1	0.1	0.1	0	0	0	0	0	0	0	-
Working Cap Days ⓘ	74	78	81	80	92	92	101	100	86	88	70
Cash Conv. Cycle ⓘ	53	52	49	43	49	54	64	49	40	50	52

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 5.10%

Sales growth is growing at healthy rate in last 3 years 10.91%

Net Profit is growing at healthy rate in last 3 years 22.23%

Sales growth is not so good in last 4 quarters at 0.34%

Latest Financials - India Motor Parts & Accessories Ltd.

	Standalone	Consolidated
TTM EPS (₹)	63.5	63.7
TTM Sales (₹ Cr.)	716	732
BVPS (₹.) ⓘ	1,399.7	1,403.7
Reserves (₹ Cr.) ⓘ	1,734	1,739
P/BV ⓘ	0.73	0.73
PE ⓘ	16.13	16.06

From the Market
52 Week Low / High (₹)	644.00 / 1210.00
All Time Low / High (₹)	40.07 / 1210.00
Market Cap (₹ Cr.)	1,277
Equity (₹ Cr.)	12.5
Face Value (₹)	10
Industry PE ⓘ	78.3

Management X-Ray of India Motor Parts:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of India Motor Parts

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

This is a premium feature, Please click here to check our solutions.

Key Ratios of India Motor Parts

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	512	512	502	519	476	512	519	518	628	708
Operating Expenses ⓘ	474	477	471	484	440	469	484	474	571	645
Manufacturing Costs	1	1	1	1	1	1	1	1	1	2
Material Costs	447	448	439	449	404	429	441	430	522	589
Employee Cost	13	15	16	18	20	23	25	26	29	32
Other Costs ⓘ	13	14	14	15	15	16	17	16	18	22
Operating Profit ⓘ	37	35	31	35	35	42	35	44	57	62
Operating Profit Margin (%)	7.3%	6.8%	6.2%	6.8%	7.4%	8.3%	6.7%	8.5%	9.1%	8.8%
Other Income ⓘ	6	10	7	11	9	16	26	22	15	30
Interest ⓘ	0	0	0	0	0	0	0	0	0	0
Depreciation ⓘ	1	1	1	1	1	1	1	1	1	1
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	43	44	38	46	44	57	60	65	71	92
Tax ⓘ	13	13	11	14	13	17	11	15	15	18
Profit After Tax	30	31	27	32	31	40	49	50	57	74
PAT Margin (%)	5.8%	6.1%	5.3%	6.2%	6.5%	7.9%	9.4%	9.7%	9.0%	10.4%
Adjusted EPS (₹)	23.7	24.8	21.4	25.8	24.9	32.4	39.2	40.3	45.5	59.0
Dividend Payout Ratio (%)	25%	27%	28%	28%	29%	37%	26%	25%	29%	41%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	197	214	232	747	879	1,010	935	1,433	1,223	1,364
Share Capital ⓘ	8	8	8	8	8	8	12	12	12	12
Reserves ⓘ	189	206	223	739	870	1,002	923	1,420	1,210	1,351
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	15	16	13	12	19	14	14	0	5	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	15	16	13	12	19	14	14	0	5	0
Trade Payables	23	27	36	42	41	43	34	73	60	57
Others Liabilities ⓘ	17	19	10	16	13	64	68	115	67	75
Total Liabilities ⓘ	252	276	291	818	952	1,130	1,051	1,621	1,354	1,496
Fixed Assets
Gross Block	18	20	21	14	15	17	17	18	18	22
Accumulated Depreciation	9	10	10	1	1	2	3	4	4	5
Net Fixed Assetsⓘ	9	11	11	14	13	15	15	14	14	17
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investmentsⓘ	75	94	114	673	794	964	860	1,409	1,162	1,288
Inventories	46	50	49	45	51	55	62	50	68	80
Trade Receivables	54	52	56	58	66	73	76	75	89	88
Cash Equivalents	62	58	56	14	23	16	26	65	14	16
Others Assetsⓘ	5	11	5	13	5	8	13	7	8	7
Total Assets ⓘ	252	276	291	818	952	1,130	1,051	1,621	1,354	1,496

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	22	20	32	23	13	15	2	90	-3	31
PBT ⓘ	43	44	38	46	44	57	60	65	71	92
Adjustment ⓘ	-5	-9	-7	-10	-8	-15	-25	-21	-14	-29
Changes in Working Capital ⓘ	-2	-2	11	2	-10	-9	-23	57	-42	-12
Tax Paid ⓘ	-14	-13	-10	-15	-12	-19	-10	-11	-18	-19
Cash Flow From Investing Activity ⓘ	-9	-12	-14	-57	-5	-5	40	-71	-6	4
Capex	0	-2	-1	-4	-1	-2	-1	0	-1	-4
Net Investments	-13	-17	-20	-56	-8	-11	31	-80	-18	-10
Others ⓘ	5	8	7	2	3	8	10	9	13	18
Cash Flow From Financing Activityⓘ	-15	-11	-21	-5	1	-17	-33	-14	-7	-33
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Dividend Paid ⓘ	-3	-13	-18	-5	-6	-11	-33	0	-12	-27
Others ⓘ	-12	1	-3	0	7	-6	0	-14	5	-5
Net Cash Flow ⓘ	-2	-3	-3	-40	8	-6	9	5	-17	2

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	15.85	15.1	11.99	6.57	3.82	4.28	5.03	4.25	4.28	5.7
ROCE (%)	20.54	19.72	15.95	9.14	5.27	5.95	6.1	5.52	5.37	7.08
Asset Turnover Ratio	2.1	1.94	1.77	0.94	0.54	0.49	0.48	0.39	0.42	0.5
PAT to CFO Conversion(x)	0.73	0.65	1.19	0.72	0.42	0.38	0.04	1.8	-0.05	0.42
Working Capital Days
Receivable Days	39	38	39	40	47	49	52	53	48	46
Inventory Days	32	34	36	33	37	38	41	39	34	38
Payable Days	19	21	26	32	38	36	32	45	46	36

India Motor Parts & Accessories Ltd Stock News

India Motor Parts & Accessories Ltd FAQs

What is the share price of India Motor Parts?

Company share prices are keep on changing according to the market conditions. The closing price of India Motor Parts on 25-Apr-2024 16:01 is ₹1,023.6.

What is the market cap of India Motor Parts?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 25-Apr-2024 16:01 the market cap of India Motor Parts stood at ₹1,277.5.

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

The latest P/E ratio of India Motor Parts as of 25-Apr-2024 16:01 is 16.13.

What is the P/B ratio of India Motor Parts?

The latest P/B ratio of India Motor Parts as of 25-Apr-2024 16:01 is 0.73.

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

The 52-week high of India Motor Parts is ₹1,210 and the 52-week low is ₹644.0.

What is the TTM revenue of India Motor Parts?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of India Motor Parts is ₹715.9 ( Cr.) .

About India Motor Parts & Accessories Ltd

India Motor Parts & Accessories (IMPAL), a TVS Group company was established on July 12, 1954. under the Companies Act, 1913. It has its Registered Office at '21, Patullos Road, Chennai 600002 and Administrative Office at no.46, Whites Road, Chennai. Its present promoters are TV Sundram Iyengar & Sons Limited, Sundaram Finance Limited, Lakshmi General Finance Limited, T.S.Santhanam and persons acting in concert with him.

The company is engaged in the distribution of automobile spare parts and accessories through its 50+ branch network representing over 50 manufacturers. IMPAL is one of the few all India distributors of motor parts and deals in engine group components, brake systems, fasteners, radiators, suspensions, axles, auto electricals, wheels, steering linkages, instrument clusters etc.

Business area of the company

The company is one of the largest all India distributors for automobile spare representing around 50 manufacturers. IMPAL caters to more than 35000 dealers countrywide.

The company provides main product lines for:

Automotive Industrial Seals P Limited -Oil seals for various applications
Banco Products (I) Limited, Baroda -Gaskets for automotive, industrial & tractor applications.
Brakes India Limited, Chennai -Hydraulic Brake Parts and Brake Fluid
Ceekay Daikin Limited, Mumbai -Clutch Cover Assembly & Clutch Driven Plate
Delhpi TVS Diesel Systems, Chennai -Car fuel system components
Devendra Exports P Ltd, Chennai -Fuel injection parts
Eicher Demm, Mumbai -Crown Wheel Pinion, Differential Gears, Transmission Gears
Finolex Cables Limited, Pune -Auto cables
Fenner India Limited, Madurai -Fan belts and oil seals
G S Radiators, Ludhiana -Radiators
Anand Automotive Systems Limited, Delhi -Gabriel Shock Absorbers, Struts, Anand Engine Bearings, Purolator filters and PCVL rings
General Motors Overseas Distribution Corporation, Gurgaon - AC Delco range of products
GMP Brake drums, Coimbatore - Brake drums for various applications
India Japan Lighting Limited, Chennai - Head lamps & Tail lamps etc.
KAP Axles Private Limited, Mumbai -Axles shafts