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 |
| October 2023 | ₹876.70 | ₹797.00 |
| November 2023 | ₹859.51 | ₹781.37 |
| December 2023 | ₹887.87 | ₹807.16 |
The table represents the predicted share prices of India Motor Parts and Accessories for the year 2023. The maximum price for the shares is expected to be ₹887.87, while the minimum price is anticipated to be ₹781.37. This indicates a significant growth percentage throughout the year, with the share prices expected to experience a bullish uptrend. The company’s performance and market trends are likely to contribute to this positive outlook. Investors may want to keep a close eye on these predictions and other factors that may impact the share prices to make informed investment decisions.
| When | Maximum Price | Minimum Price |
| January 2024 | ₹905.99 | ₹787.82 |
| February 2024 | ₹924.48 | ₹803.90 |
| March 2024 | ₹943.35 | ₹820.30 |
| April 2024 | ₹915.87 | ₹796.41 |
| May 2024 | ₹902.34 | ₹784.64 |
| June 2024 | ₹934.82 | ₹812.89 |
| July 2024 | ₹925.47 | ₹804.76 |
| August 2024 | ₹962.49 | ₹836.95 |
| September 2024 | ₹1,000.99 | ₹870.43 |
| October 2024 | ₹981.37 | ₹853.36 |
| November 2024 | ₹1,010.81 | ₹878.96 |
| December 2024 | ₹1,036.08 | ₹900.94 |
The table represents the predicted share prices of India Motor Parts and Accessories for the year 2024. The maximum price for the shares is expected to be ₹1,036.08 in December 2024, while the minimum price is anticipated to be ₹784.64 in May 2024. This indicates potential volatility in share prices over the year, with the possibility of both bullish and bearish trends. Investors may want to monitor the company’s performance and market trends to make informed investment decisions. The data suggests the potential for positive returns, but it also highlights the importance of risk management and staying informed about market developments.
| When | Maximum Price | Minimum Price |
| January 2025 | ₹1,056.80 | ₹812.92 |
| February 2025 | ₹1,083.90 | ₹833.77 |
| March 2025 | ₹1,126.17 | ₹866.28 |
| April 2025 | ₹1,104.09 | ₹849.30 |
| May 2025 | ₹1,071.93 | ₹824.56 |
| June 2025 | ₹1,120.17 | ₹861.67 |
| July 2025 | ₹1,098.20 | ₹844.77 |
| August 2025 | ₹1,132.17 | ₹870.90 |
| September 2025 | ₹1,171.79 | ₹901.38 |
| October 2025 | ₹1,202.26 | ₹924.81 |
| November 2025 | ₹1,232.32 | ₹947.93 |
| December 2025 | ₹1,263.12 | ₹971.63 |
The table presents the predicted share prices of India Motor Parts and Accessories for the year 2025. The maximum price for the shares is expected to be ₹1,263.12 in December 2025, while the minimum price is anticipated to be ₹824.56 in May 2025. The average target for the share prices is estimated to be ₹1,127.37, indicating a potential upside for investors. Based on these predictions, the company’s share prices are likely to experience an uptrend, reflecting the positive outlook for the company and the industry. Overall, the predictions suggest a positive outlook for India Motor Parts and Accessories’ share prices in 2025.
| Year | Maximum Price | Minimum Price |
| 2026 | ₹1,326.28 | ₹928.40 |
| 2027 | ₹1,458.91 | ₹1,021.24 |
| 2028 | ₹2,042.47 | ₹1,021.24 |
| 2029 | ₹1,768.37 | ₹884.19 |
| 2030 | ₹2,298.88 | ₹1,609.22 |
According to the data provided, India Motor Parts and Accessories’ share price is expected to fluctuate in the coming years. In 2026, the projected maximum price is ₹1,326.28, and the minimum price is ₹928.40. In 2027, the maximum price is expected to be ₹1,458.91, with a minimum of ₹1,021.24. The share price is expected to rise in 2028, with a maximum target of ₹2,042.47 and a minimum of ₹1,021.24. In 2029, the average target price is ₹1,768.37, with a minimum of ₹884.19.
Finally, in 2030, the expected maximum price target is ₹2,298.88, and the minimum price target is ₹1,609.22. It’s essential to keep in mind that these projections are subject to change based on various factors and market conditions, and investors should seek professional advice before making any investment decisions.
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.
Sharekhan on India Motor Parts and Accessories share price target
Sharekhan has given a buy call on India Motor Parts and Accessories. According to him, you can continue buying India Motor Parts and Accessories share with a target price of Rs769.
Motilal Oswal on India Motor Parts and Accessories share price target
Motilal Oswal has given a buy call on India Motor Parts and Accessories. According to him, you can continue buying India Motor Parts and Accessories share with a target price of Rs790.
FAQS
As of 19th October 2023, the share price of IMPAL stands at ₹797.
The expected share price target for IMPAL by 2023 is difficult to predict with certainty due to various market factors.
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 2000 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: 2023 to 2030
- 3 Financial Condition of India Motor Parts and Accessories: Last 5 years
- 4 India Motor Parts and Accessories share price target by Experts
- 5 FAQS
- 5.1 What is the current share price of IMPAL?
- 5.2 What is the expected share price target for IMPAL by 2023?
- 5.3 What is the expected share price target for IMPAL by 2030?
- 5.4 What factors affect the share price of IMPAL?
- 5.5 How has IMPAL performed in terms of revenue growth in recent years?
- 5.6 How has IMPAL performed in terms of profit growth in recent years?
- 5.7 What is the dividend payout ratio of IMPAL?
- 5.8 What is the operating profit margin (OPM) of IMPAL?
- 5.9 Should investors consider buying shares in IMPAL?
- 6 Conclusion
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