What we do India Motor Parts & Accessories Ltd distributes a wide range of automobile spare parts across India, including engine components, brake systems, radiators, and more, catering to diverse vehicle needs. |
Founded in 1,954 |
Market share One of the few pan-India distributors in the automotive spare parts market, supported by the TVS Group. |
Problem solved Provides reliable, comprehensive supply of diverse automotive spare parts, solving availability and distribution challenges nationwide. |
Top clients or who we serve Serves automobile repair shops, vehicle manufacturers, and aftermarket customers across B2B and B2C segments nationwide. |
Key management - |
Our journey and innovations Since 1954, expanded branch network, acquired CAPL Motor Parts, upgraded ERP systems, and diversified product lines for sustained growth. |
Where we operate Pan-India presence with branches in interior regions and key metro areas; subsidiary CAPL in Ahmedabad. |
Top products or what we offer Offers engine group components, brake systems, fasteners, radiators, suspensions, axles, auto electricals, wheels, steering linkages, and instrument clusters. |
Top brands Operates under India Motor Parts & Accessories Ltd brand; subsidiary CAPL Motor Parts Private Limited. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue shows moderate cyclicality, influenced by automotive industry trends and infrastructure development. |
Our industry position Leading nationwide distributor with strong backing and diversified automotive product portfolio. |
Financial highlights FY 2023-24 revenue at Rs. 741.16 Crores, Net Profit Rs. 73.92 Crores; stable profitability and dividend payouts. |
Geographical revenue split Revenue primarily from Indian market; expanding in interior states through new branch openings. |
Order book - |
Whats driving growth Expansion of branch network, introduction of new product lines, and expected rural and infrastructure spending growth. |
Our future plans Plan includes further branch expansion, product diversification, and planned amalgamation with CAPL Motor Parts Private Limited. |
Our green promise Energy optimization initiatives in operations; emphasis on sustainability though limited disclosure. |
Our people and values Employs over 870 permanent employees, maintaining compliance and ethical governance standards. |
Key challenges ahead Competition from OEMs, price pressures, and need to continuously upgrade IT systems and supply chain efficiency. |
Interesting facts IMPAL's Commercial Paper rated 'P1+' by CRISIL; among few pan-India distributors started in 1954. |
Risks and strategy Mitigates risk through robust internal controls, ongoing IT upgrades, and strategic acquisitions to sustain market position. |
