India Motor Parts & Accessories Reports Higher FY26 Profit, Recommends Total Dividend of ₹33 Per Share
India Motor Parts & Accessories Limited reported standalone total income from operations of ₹837.11 crores for FY26, up from ₹788.81 crores in FY25, with net profit after tax rising to ₹96.55 crores from ₹83.67 crores. For Q4 FY26, net profit after tax stood at ₹33.46 crores against ₹23.93 crores in Q4 FY25. The Board has recommended a final dividend of ₹23 per share, taking the total FY26 dividend to ₹33 per share including an interim dividend of ₹10 per share already paid. Basic and diluted EPS for FY26 stood at ₹77.36, compared to ₹67.05 in FY25.

*this image is generated using AI for illustrative purposes only.
India Motor Parts & Accessories Limited has published its standalone financial results for the quarter and year ended March 31, 2026, as per Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were published in Financial Express (English) and Makkal Kural (Tamil) on May 09, 2026, following approval by the Board of Directors at their meeting held on May 08, 2026. The financial results have been audited by the company's Statutory Auditors.
Financial Performance: FY26 vs FY25
The company delivered a steady improvement across key financial metrics for the full year ended March 31, 2026. Total income from operations grew to ₹837.11 crores in FY26 from ₹788.81 crores in FY25. Net profit after tax for the full year rose to ₹96.55 crores from ₹83.67 crores in the previous year. The following table presents a detailed comparison of the standalone financial results:
| Metric: | Q4 FY26 (31.03.2026) Audited | FY26 (31.03.2026) Audited | Q4 FY25 (31.03.2025) Audited | FY25 (31.03.2025) Audited |
|---|---|---|---|---|
| Total Income from Operations (₹ in Crores): | 210.72 | 837.11 | 188.85 | 788.81 |
| Net Profit/(Loss) Before Tax (₹ in Crores): | 34.46 | 114.45 | 29.28 | 104.86 |
| Net Profit/(Loss) After Tax (₹ in Crores): | 33.46 | 96.55 | 23.93 | 83.67 |
| Total Comprehensive Income (₹ in Crores): | (289.43) | 99.63 | 104.57 | 210.75 |
| Paid-up Equity Share Capital (₹ in Crores): | 12.48 | 12.48 | 12.48 | 12.48 |
| Reserves excl. Revaluation Reserve (₹ in Crores): | — | 2295.69 | — | 2233.50 |
| Basic & Diluted EPS (₹, face value ₹10 each): | 26.81 | 77.36 | 19.18 | 67.05 |
Quarterly Performance Highlights
For the quarter ended March 31, 2026, India Motor Parts & Accessories reported total income from operations of ₹210.72 crores, compared to ₹188.85 crores in the corresponding quarter of the previous year. Net profit after tax for Q4 FY26 stood at ₹33.46 crores, against ₹23.93 crores in Q4 FY25. Basic and diluted earnings per share for the quarter were ₹26.81, compared to ₹19.18 in the year-ago quarter. It is noted that EPS figures for quarterly periods are not annualised.
Dividend Announcement
The Board of Directors has recommended a final dividend of ₹23 per equity share of face value ₹10 each, subject to approval by shareholders at the ensuing Annual General Meeting. Key details of the dividend for FY26 are as follows:
| Dividend Component: | Amount per Share |
|---|---|
| Interim Dividend (already paid): | ₹10 |
| Recommended Final Dividend: | ₹23 |
| Total Dividend for FY26: | ₹33 |
Regulatory Compliance and Disclosures
The financial results were reviewed by the Audit Committee of the Board and subsequently approved at the Board of Directors meeting held on May 08, 2026. The results represent an extract of the detailed format filed with the National Stock Exchange under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The complete financial results are available on the National Stock Exchange website at www.nseindia.com and on the company's website at www.impal.net . The results were submitted to both the National Stock Exchange of India Limited and BSE Limited in accordance with applicable listing regulations.
Historical Stock Returns for India Motor Parts & Accessories
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.75% | +1.61% | +1.18% | -3.17% | +1.01% | +54.59% |
How might India Motor Parts & Accessories plan to deploy its growing reserves of ₹2,295.69 crores to drive future growth or acquisitions in the auto components sector?
Given the significant negative Total Comprehensive Income of ₹(289.43) crores in Q4 FY26 despite strong net profit, what underlying factors such as mark-to-market losses or actuarial adjustments could signal risks for FY27?
With the total FY26 dividend payout of ₹33 per share representing approximately 43% of EPS, is the company's dividend policy sustainable if revenue growth moderates in the face of EV transition pressures on traditional auto parts demand?


































