Why is India Motor Parts & Accessories Ltd ?
1
The company is Net-Debt Free
2
Poor long term growth as Net Sales has grown by an annual rate of 8.89% and Operating profit at 5.03% over the last 5 years
3
Flat results in Jun 26
- NON-OPERATING INCOME(Q) is 35.24 % of Profit Before Tax (PBT)
4
With ROE of 3.1, it has a Very Attractive valuation with a 0.5 Price to Book Value
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -0.21%, its profits have risen by 14.5% ; the PEG ratio of the company is 1.2
5
Rising Promoter Confidence
- Promoters have increased their stake in the company by 1.4% over the previous quarter and currently hold 35.21% of the company
- Promoters increasing their stake is a sign of high confidence in the future of the business
How much should you hold?
- Overall Portfolio exposure to India Motor Part should be less than 10%
- Overall Portfolio exposure to Auto Components & Equipments should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Auto Components & Equipments)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is India Motor Part for you?
Medium Risk, Medium Return
Absolute
Risk Adjusted
Volatility
India Motor Part
-0.7%
-0.03
26.54%
Sensex
-10.5%
-0.78
13.50%
Quality key factors
Factor
Value
Sales Growth (5y)
8.89%
EBIT Growth (5y)
5.03%
EBIT to Interest (avg)
53.48
Debt to EBITDA (avg)
0.24
Net Debt to Equity (avg)
-0.04
Sales to Capital Employed (avg)
0.37
Tax Ratio
20.36%
Dividend Payout Ratio
44.75%
Pledged Shares
0
Institutional Holding
0.76%
ROCE (avg)
3.09%
ROE (avg)
4.27%
Valuation Key Factors 
Factor
Value
P/E Ratio
17
Industry P/E
22
Price to Book Value
0.53
EV to EBIT
22.02
EV to EBITDA
21.56
EV to Capital Employed
0.51
EV to Sales
1.64
PEG Ratio
1.17
Dividend Yield
3.08%
ROCE (Latest)
2.32%
ROE (Latest)
3.11%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
No Trend
Mildly Bearish
Technical Movement
5What is working for the Company
DEBTORS TURNOVER RATIO(HY)
Highest at 7.87 times
NET SALES(Q)
Highest at Rs 234.29 cr
PBDIT(Q)
Highest at Rs 18.18 cr.
PBT LESS OI(Q)
Highest at Rs 17.77 cr.
-2What is not working for the Company
NON-OPERATING INCOME(Q)
is 35.24 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for India Motor Part
Net Sales - Quarterly
Highest at Rs 234.29 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 18.18 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 17.77 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 17.77 cr has Grown at 29.71%
Year on Year (YoY)MOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Debtors Turnover Ratio- Half Yearly
Highest at 7.87 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Here's what is not working for India Motor Part
Non Operating Income - Quarterly
is 35.24 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT






