Why is India Motor Parts & Accessories Ltd ?
1
Company has a low Debt to Equity ratio (avg) at 0 times
2
Poor long term growth as Net Sales has grown by an annual rate of 11.95% and Operating profit at 17.92% over the last 5 years
3
Flat results in Jun 25
- OPERATING PROFIT(Q) Lowest at INR 140.6 MM
- OPERATING PROFIT MARGIN(Q) Lowest at 7.15 %
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 -10.18%, its profits have risen by 12.6% ; the PEG ratio of the company is 1.3
5
Despite the size of the company, domestic mutual funds hold only 0% of the company
- Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
6
Below par performance in long term as well as near term
- Along with generating -10.18% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
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, Low Return
Absolute
Risk Adjusted
Volatility
India Motor Part
-10.63%
-0.42
25.39%
Sensex
4.83%
0.41
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
11.95%
EBIT Growth (5y)
17.92%
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
4.94%
ROCE (avg)
3.14%
ROE (avg)
4.27%
Valuation Key Factors 
Factor
Value
P/E Ratio
17
Industry P/E
29
Price to Book Value
0.52
EV to EBIT
21.66
EV to EBITDA
21.21
EV to Capital Employed
0.50
EV to Sales
1.62
PEG Ratio
1.33
Dividend Yield
2.84%
ROCE (Latest)
2.32%
ROE (Latest)
3.11%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Mildly Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
1What is working for the Company
RAW MATERIAL COST(Y)
Fallen by 1.56% (YoY
-2What is not working for the Company
OPERATING PROFIT(Q)
Lowest at INR 140.6 MM
OPERATING PROFIT MARGIN(Q)
Lowest at 7.15 %
Loading Valuation Snapshot...
Here's what is working for India Motor Part
Raw Material Cost
Fallen by 1.56% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Depreciation
Highest at INR 3.6 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (INR MM)
Here's what is not working for India Motor Part
Operating Profit
Lowest at INR 140.6 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (INR MM)
Operating Profit Margin
Lowest at 7.15 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales






