Tam Expansion Changing Consumption
Expected: Q3 FY26MEDIUM confidence
What: Rural PV Growth: 14.43%
India Motor Parts & Accessories Ltd: Stock Analysis & Fundamentals
Data from 4w agoIndia Motor Parts & Accessories Ltd (Auto Ancillaries - Spare Parts Accessories) — fundamental analysis, earnings data, and key metrics. PE: 16.3. ROE: 3.7%. This stock is not currently in the Nifty 500 momentum outperformers list.
India Motor Parts & Accessories Ltd Key Facts
What's Happening
👔Promoter buying — stake up 3.1% this quarter
🌐FII stake decreased 4.3% this quarter
🏛️DII reducing — stake down 1.2%
Earnings Acceleration Triggers
1. Tam Expansion Changing Consumption
Q3 FY26MEDIUM
2. Management Or Ownership Change
FY26LOW
Key Risks
1. West Asia crisis impacting energy costs and supply chain stability for tier-3/4
MEDIUM2. New Labour Codes causing one-time provisions in the broader auto sector, potenti
LOWSector-Specific Signals
Distribution Network80+ branchesNot Given
Inventory EfficiencyNot Given
Dividend Payout43.7%Stable
Replacement Cycle ImpactIncreasing
Key Numbers
Current Price
₹1,024
Dividend Yield
2.93%
Market Cap
1.3K Cr
Valuation
N/AWhy Are India Motor Parts & Accessories Ltd's Earnings Accelerating?
Based on Q3 FY26 (web) earnings • Updated Apr 19, 2026
Management Or Ownership Change
Expected: FY26LOW confidence
What: Shareholder Approval: 99.99%
What Are the Key Risks for India Motor Parts & Accessories Ltd?
Earnings deceleration risks from management commentary
West Asia crisis impacting energy costs and supply chain stability for tier-3/4
MEDIUMTrigger: West Asia crisis impacting energy costs and supply chain stability for tier-3/4 component suppliers.
Management view: Reassessing production and logistics plans.
Monitor: geopolitical
New Labour Codes causing one-time provisions in the broader auto sector, potenti
LOWTrigger: New Labour Codes causing one-time provisions in the broader auto sector, potentially impacting margins.
Impact: PAT impact: Sector-wide impact
Monitor: regulatory
What Did India Motor Parts & Accessories Ltd Report This Quarter?
Headline numbers from the latest earnings call
Revenue
₹230.99 Cr
YoY +9.13%QoQ +16.48%
Revenue growth was driven by a recovery in the automotive spares distribution segment following a weaker first half of the fiscal year.
EBITDA
₹17.39 Cr
YoY +7.81%Margin 7.53%
Operating margins saw a slight contraction of 1.21% compared to the previous year despite the absolute growth in profit.
PAT
₹17.18 Cr
YoY +5.4%QoQ -32.63%
PAT grew year-on-year but faced a sharp sequential decline from ₹25.50 Cr in Q2 FY26 due to higher tax provisions and lower other income.
Other Highlights
• Interim dividend of ₹10 per share (100%) declared for FY26.
• EPS for Q3 FY26 stood at ₹13.77 vs ₹13.06 YoY.
• 9-month PAT reached ₹63.09 Cr compared to ₹59.74 Cr in the prior year.
What Sector Metrics Matter for India Motor Parts & Accessories Ltd?
Sub-sector-specific signals from the latest concall — each with management's stated reason for the change
Distribution Network
80+ branches
YoY Not GivenQoQ Not Given
Why: Not explained in source
Inventory Efficiency
Not Given
Why: Not explained in source
Dividend Payout
43.7%
YoY Stable
Why: Company policy to maintain consistent returns to shareholders.
Replacement Cycle Impact
Increasing
Why: Upgradation of power train specifications.
What Is India Motor Parts & Accessories Ltd's Management Guidance?
Forward-looking targets from management
Management Tone: CAUTIOUS
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Apr 19, 2026.
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Frequently Asked Questions: India Motor Parts & Accessories Ltd
Based on publicly available financial data. This is educational research, not investment advice.
What were India Motor Parts & Accessories Ltd's latest quarterly results?
India Motor Parts & Accessories Ltd's latest quarterly results (Sep 2024) show
- PAT Growth YoY: +9.5%
- Revenue Growth YoY: +4.4%
- Operating Margin: 8.0%
What is India Motor Parts & Accessories Ltd's current PE ratio?
India Motor Parts & Accessories Ltd's current PE ratio is 16.3x.
- Current PE: 16.3x
- Market Cap: 1.3K Cr
- Dividend Yield: 2.93%
What is India Motor Parts & Accessories Ltd's price-to-book ratio?
India Motor Parts & Accessories Ltd's price-to-book ratio is 0.5x.
- Price-to-Book (P/B): 0.5x
- Book Value per Share: ₹2023
- Current Price: ₹1024
Is India Motor Parts & Accessories Ltd a fundamentally strong company?
India Motor Parts & Accessories Ltd's fundamental strength based on key financial ratios
- Return on Capital (ROCE): 5.0%
Is India Motor Parts & Accessories Ltd debt free?
India Motor Parts & Accessories Ltd has a debt-to-equity ratio of N/A.
- Total Debt: ₹0 Cr
What is India Motor Parts & Accessories Ltd's return on equity (ROE) and ROCE?
India Motor Parts & Accessories Ltd's return ratios over recent years
- FY2022: ROCE 5.0%
- FY2023: ROCE 6.0%
- FY2024: ROCE 5.0%
Is India Motor Parts & Accessories Ltd's cash flow positive?
India Motor Parts & Accessories Ltd's operating cash flow is positive (FY2024).
- Cash from Operations (CFO): ₹27 Cr
- Free Cash Flow (FCF): ₹42 Cr
- CFO/PAT Ratio: 36% (weak cash conversion)
What is India Motor Parts & Accessories Ltd's dividend yield?
India Motor Parts & Accessories Ltd's current dividend yield is 2.93%.
- Dividend Yield: 2.93%
- Current Price: ₹1024
Who holds India Motor Parts & Accessories Ltd shares — promoters, FII, DII?
India Motor Parts & Accessories Ltd's shareholding pattern (Mar 2026)
- Promoters: 33.8%
- FII (Foreign): 3.6%
- DII (Domestic): 1.3%
- Public: 61.3%
Is promoter holding increasing or decreasing in India Motor Parts & Accessories Ltd?
India Motor Parts & Accessories Ltd's promoter holding has remained stable recently.
- Current Promoter Holding: 33.8% (Mar 2026)
- Previous Quarter: 33.8% (Dec 2025)
- Change: 0.00% (stable)
Is India Motor Parts & Accessories Ltd a new momentum entry or an established outperformer?
India Motor Parts & Accessories Ltd is an established outperformer with 1 weeks of consecutive Nifty 500 outperformance.
What are the growth catalysts for India Motor Parts & Accessories Ltd?
India Motor Parts & Accessories Ltd has 2 key growth catalysts identified from recent earnings analysis
- Tam Expansion Changing Consumption — Increased rural demand for passenger vehicles directly expands the addressable market for spare parts distribution.
- Management Or Ownership Change — Ensures continuity in the Sundaram Group's conservative management style.
What are the key risks in India Motor Parts & Accessories Ltd?
India Motor Parts & Accessories Ltd has 2 key risks worth monitoring
- [MEDIUM] West Asia crisis impacting energy costs and supply chain stability for tier-3/4 — West Asia crisis impacting energy costs and supply chain stability for tier-3/4 component suppliers.
- [LOW] New Labour Codes causing one-time provisions in the broader auto sector, potenti — New Labour Codes causing one-time provisions in the broader auto sector, potentially impacting margins.
What is India Motor Parts & Accessories Ltd's management guidance for growth?
India Motor Parts & Accessories Ltd's management has provided the following forward guidance
- Revenue outlook: Not Given
- Margin outlook: Not Given
- Management tone: cautious
What sector-specific metrics matter most for India Motor Parts & Accessories Ltd?
India Motor Parts & Accessories Ltd's most important sub-sector-specific KPIs from the latest concall
- Distribution Network: 80+ branches (YoY Not Given) (QoQ Not Given) — Not explained in source
- Inventory Efficiency: Not Given — Not explained in source
- Dividend Payout: 43.7% (YoY Stable) — Company policy to maintain consistent returns to shareholders.
- Replacement Cycle Impact: Increasing — Upgradation of power train specifications.
Is India Motor Parts & Accessories Ltd worth studying for long term investment?
Based on quantitative research signals, here is why India Motor Parts & Accessories Ltd may be worth studying
- Cash flow is positive — CFO ₹27 Cr
What is the investment thesis for India Motor Parts & Accessories Ltd?
India Motor Parts & Accessories Ltd investment thesis summary:
Research Signals (Bull Case)
- Growth catalyst: Tam Expansion Changing Consumption
Risk Factors (Bear Case)
- Key risk: West Asia crisis impacting energy costs and supply chain stability for tier-3/4
What is the future outlook for India Motor Parts & Accessories Ltd?
India Motor Parts & Accessories Ltd's forward outlook based on current data signals
- Key Catalyst: Tam Expansion Changing Consumption
- Key Risk: West Asia crisis impacting energy costs and supply chain stability for tier-3/4
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.