A persistent competitor in the auto parts market, India Motor Parts and Accessories Ltd. has experienced tremendous growth in recent years. Investors are pondering whether the company is a decent stock to buy given that its share price has been continuously increasing. In this article, we will examine India Motor Parts and Accessories’ share price objective from 2023 to 2030 and assess the likelihood that it will achieve INR 5000 by 2025.
To decide whether a company is a wise investment, we will consider its historical financial performance, current industry trends, and future prospects.Let’s investigate India Motor Parts and Accessories as a potential investment now.
Below are the trading platforms that you can use to purchase India Motor Parts and Accessories shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| January 2024 | 1,155.60 | 1,004.87 |
| February 2024 | 1,179.18 | 1,025.38 |
| March 2024 | 1,203.25 | 1,046.30 |
| April 2024 | 1,168.20 | 1,015.83 |
| May 2024 | 1,150.94 | 1,000.82 |
| June 2024 | 1,192.37 | 1,036.85 |
| July 2024 | 1,180.45 | 1,026.48 |
| August 2024 | 1,227.67 | 1,067.54 |
| September 2024 | 1,276.77 | 1,110.24 |
| October 2024 | 1,251.74 | 1,088.47 |
| November 2024 | 1,289.29 | 1,121.12 |
| December 2024 | 1,321.52 | 1,149.15 |
India Motor Parts and Accessories share price is anticipated to witness fluctuations throughout 2024, with a projected range of ₹1,004.87 to ₹1,321.52. The highest expected value is in December at ₹1,321.52, while the lowest is predicted in May at ₹1,000.82.
Despite these variations, the market capitalization stands at ₹1,335 Cr. The current stock price is ₹1,070, with a P/E ratio of 17.2.
| When | Maximum Price | Minimum Price |
| January 2025 | 1,347.95 | 1,036.89 |
| February 2025 | 1,382.52 | 1,063.47 |
| March 2025 | 1,436.43 | 1,104.95 |
| April 2025 | 1,408.27 | 1,083.28 |
| May 2025 | 1,367.25 | 1,051.73 |
| June 2025 | 1,428.78 | 1,099.06 |
| July 2025 | 1,400.76 | 1,077.51 |
| August 2025 | 1,444.08 | 1,110.83 |
| September 2025 | 1,494.63 | 1,149.71 |
| October 2025 | 1,533.49 | 1,179.61 |
| November 2025 | 1,571.83 | 1,209.10 |
| December 2025 | 1,611.12 | 1,239.32 |
In 2025, India Motor Parts and Accessories shares are expected to experience price movements within a range. The projected share prices range from a minimum of ₹1,036.89 in January to a maximum of ₹1,611.12 in December.
Investors should consider these fluctuations when assessing potential returns. The company’s performance is dynamic, offering both opportunities and risks in the changing market landscape.
| When | Maximum Price | Minimum Price |
| January 2026 | 1,659.45 | 1,276.50 |
| February 2026 | 1,702.00 | 1,309.23 |
| March 2026 | 1,768.38 | 1,360.29 |
| April 2026 | 1,733.71 | 1,333.62 |
| May 2026 | 1,683.21 | 1,294.78 |
| June 2026 | 1,758.96 | 1,353.04 |
| July 2026 | 1,724.47 | 1,326.51 |
| August 2026 | 1,777.80 | 1,367.54 |
| September 2026 | 1,840.02 | 1,415.40 |
| October 2026 | 1,887.87 | 1,452.20 |
| November 2026 | 1,935.06 | 1,488.51 |
| December 2026 | 1,983.44 | 1,525.72 |
In 2026, India Motor Parts and Accessories shares are poised for potential growth, with projected prices ranging from a minimum of ₹1,276.50 in January to a maximum of ₹1,983.44 in December.
The anticipated fluctuations suggest a dynamic market environment, presenting opportunities and challenges for investors. Monitoring these price movements and considering market factors will be crucial for making informed investment decisions in the coming year.
| When | Maximum Price | Minimum Price |
| January 2027 | 2,023.11 | 1,556.24 |
| February 2027 | 2,074.98 | 1,596.14 |
| March 2027 | 2,155.91 | 1,658.39 |
| April 2027 | 2,113.63 | 1,625.87 |
| May 2027 | 2,052.07 | 1,578.52 |
| June 2027 | 2,144.41 | 1,649.55 |
| July 2027 | 2,102.37 | 1,617.21 |
| August 2027 | 2,167.39 | 1,667.22 |
| September 2027 | 2,243.25 | 1,725.58 |
| October 2027 | 2,301.57 | 1,770.44 |
| November 2027 | 2,359.11 | 1,814.70 |
| December 2027 | 2,418.09 | 1,860.07 |
| When | Maximum Price | Minimum Price |
| January 2028 | 2,466.45 | 1,897.27 |
| February 2028 | 2,529.69 | 1,945.92 |
| March 2028 | 2,628.35 | 2,021.81 |
| April 2028 | 2,576.82 | 1,982.17 |
| May 2028 | 2,501.76 | 1,924.43 |
| June 2028 | 2,614.34 | 2,011.03 |
| July 2028 | 2,563.08 | 1,971.60 |
| August 2028 | 2,642.35 | 2,032.58 |
| September 2028 | 2,734.83 | 2,103.72 |
| October 2028 | 2,805.94 | 2,158.41 |
| November 2028 | 2,876.09 | 2,212.37 |
| December 2028 | 2,947.99 | 2,267.68 |
| When | Maximum Price | Minimum Price |
| January 2029 | 3,006.95 | 2,313.04 |
| February 2029 | 3,084.05 | 2,372.35 |
| March 2029 | 3,204.33 | 2,464.87 |
| April 2029 | 3,141.50 | 2,416.54 |
| May 2029 | 3,050.00 | 2,346.15 |
| June 2029 | 3,187.25 | 2,451.73 |
| July 2029 | 3,124.75 | 2,403.66 |
| August 2029 | 3,221.39 | 2,478.00 |
| September 2029 | 3,334.14 | 2,564.73 |
| October 2029 | 3,420.83 | 2,631.41 |
| November 2029 | 3,506.35 | 2,697.19 |
| December 2029 | 3,594.01 | 2,764.62 |
| When | Maximum Price | Minimum Price |
| January 2030 | 3,665.89 | 2,819.92 |
| February 2030 | 3,759.89 | 2,892.22 |
| March 2030 | 3,906.52 | 3,005.02 |
| April 2030 | 3,829.93 | 2,946.10 |
| May 2030 | 3,718.37 | 2,860.29 |
| June 2030 | 3,885.70 | 2,989.00 |
| July 2030 | 3,809.51 | 2,930.39 |
| August 2030 | 3,927.33 | 3,021.02 |
| September 2030 | 4,064.79 | 3,126.76 |
| October 2030 | 4,170.47 | 3,208.06 |
| November 2030 | 4,274.73 | 3,288.26 |
| December 2030 | 4,381.60 | 3,370.46 |
Financial Condition of India Motor Parts and Accessories: Last 5 years
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Sales (Rs. Crores) | 512 | 519 | 518 | 628 | 708 |
| Expenses (Rs. Crores) | 469 | 484 | 474 | 571 | 645 |
| Operating Profit (Rs. Crores) | 42 | 35 | 44 | 57 | 62 |
| Other Income (Rs. Crores) | 16 | 26 | 22 | 15 | 30 |
| Profit before Tax (Rs. Crores) | 57 | 60 | 65 | 71 | 92 |
| Net Profit (Rs. Crores) | 40 | 49 | 50 | 57 | 74 |
| Earnings Per Share (EPS) in Rs | 32.33 | 39.18 | 40.29 | 45.52 | 59.03 |
| Dividend Payout % | 37% | 26% | 25% | 29% | 41% |
| Tax % | 29% | 29% | 30% | 20% | 20% |
| Depreciation | 1 | 1 | 1 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 |
Over the last five years, India Motor Parts and Accessories has demonstrated consistent growth and financial stability. The company’s sales have shown a steady upward trend, increasing from Rs. 512 crores in 2019 to Rs. 708 crores in 2023. While expenses have also risen, they have been managed effectively, resulting in a growth in operating profit from Rs. 42 crores in 2019 to Rs. 62 crores in 2023.
The addition of other income further contributes to the company’s overall profitability, with the profit before tax reaching Rs. 92 crores in 2023. Net profit has increased from Rs. 40 crores in 2019 to Rs. 74 crores in 2023, reflecting a robust financial performance. This performance is reflected in the earnings per share (EPS), which has consistently grown, reaching Rs. 59.03 in 2023. The company’s management has balanced the need for profitability with shareholder returns, as evidenced by the dividend payout percentage, which reached 41% in 2023.
Furthermore, the efficient management of taxes and minimal interest expenses have contributed to the company’s financial health. Overall, India Motor Parts and Accessories has exhibited strong financial performance and prudent financial management over the past five years.
FAQS
As of 5th January 2024, the share price of IMPAL stands at ₹1,070.
The expected share price target for IMPAL by 2030 is also difficult to predict with certainty, but based on current trends and growth projections, it is possible that it could reach 4000 INR by 2030.
Several factors can impact the share price of IMPAL, including the overall performance of the automotive industry, economic conditions, company financials, and market sentiment.
How has IMPAL performed in terms of revenue growth in recent years?
IMPAL has shown consistent revenue growth in recent years, with a revenue of 627.8 crore in March 2022, up from 475.51 crore in March 2018.
How has IMPAL performed in terms of profit growth in recent years?
IMPAL has also shown steady profit growth in recent years, with a net profit of 56.81 crore in March 2022, up from 31.07 crore in March 2018.
What is the dividend payout ratio of IMPAL?
The dividend payout ratio of IMPAL has been consistently between 25-30% in recent years.
What is the operating profit margin (OPM) of IMPAL?
The OPM of IMPAL has shown improvement in recent years, with an OPM of 9.06% in March 2022, up from 7.40% in March 2018.
Investors should consider various factors, such as their investment goals, risk tolerance, and overall market conditions, before making a decision to buy shares in IMPAL. Conducting thorough research and seeking professional advice is recommended.
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Conclusion
In conclusion, during the past five years, Motor Parts and Accessories has consistently increased both its revenue and profitability. The company has seen average PAT increase of 13.16 percent and revenue growth of 8.06%. With a maximum of $4,948.62 and a low of $989.72, the share price projection for 2023 to 2030 is optimistic. The company appears to be a solid investment choice with an amazing OPM of 9.06% and a constant dividend payout of about 28%. Future growth may also be fueled by the company’s increased emphasis on research and development in order to launch new goods and broaden its consumer base. As a result, investors may think about purchasing shares of Motor Parts and Accessories for long-term investment.
What did we learn?
- 1 How to purchase India Motor Parts and Accessories shares?
- 2 India Motor Parts and Accessories Share Price Prediction: 2024 to 2030
- 2.1 India Motor Parts and Accessories Share Price Target 2024
- 2.2 India Motor Parts and Accessories Share Price Target 2025
- 2.3 India Motor Parts and Accessories Share Price Target 2026
- 2.4 India Motor Parts and Accessories Share Price Target 2027
- 2.5 India Motor Parts and Accessories Share Price Target 2028
- 2.6 India Motor Parts and Accessories Share Price Target 2029
- 2.7 India Motor Parts and Accessories Share Price Target 2030
- 3 Financial Condition of India Motor Parts and Accessories: Last 5 years
- 4 FAQS
- 4.1 What is the current share price of IMPAL?
- 4.2 What is the expected share price target for IMPAL by 2030?
- 4.3 What factors affect the share price of IMPAL?
- 4.4 How has IMPAL performed in terms of revenue growth in recent years?
- 4.5 How has IMPAL performed in terms of profit growth in recent years?
- 4.6 What is the dividend payout ratio of IMPAL?
- 4.7 What is the operating profit margin (OPM) of IMPAL?
- 4.8 Should investors consider buying shares in IMPAL?
- 5 Conclusion
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