India Motor Parts & Accessories Limited disclosed its un-audited standalone financial results for the quarter and half year ended September 30, 2026, pursuant to SEBI LODR Regulations 30 and 33. The board meeting was held on October 29, 2026, commencing at 9:45 AM and concluding at 10:50 AM.
Financial Performance - Quarter Ended September 30, 2026 (Reviewed)
- Revenue from Operations: ₹221.70 crore (compared to ₹198.71 crore in Q2 FY26 and ₹234.29 crore in Q1 FY27)
- Other Income: ₹16.93 crore
- Total Income: ₹238.63 crore
- Total Expenses: ₹205.39 crore
- Profit Before Tax: ₹33.24 crore (compared to ₹30.91 crore in Q2 FY26)
- Tax Expense: ₹5.57 crore (comprising current tax of ₹5.17 crore and deferred tax of ₹0.40 crore)
- Profit After Tax: ₹27.67 crore (up from ₹25.50 crore in Q2 FY26)
- Other Comprehensive Income (net of tax): ₹16.21 crore (primarily from change in fair value of equity instruments)
- Total Comprehensive Income: ₹43.88 crore
- Earnings Per Share (Basic & Diluted): ₹22.18
Financial Performance - Half Year Ended September 30, 2026 (Reviewed)
- Revenue from Operations: ₹455.99 crore (compared to ₹395.40 crore in H1 FY26)
- Other Income: ₹26.60 crore
- Total Income: ₹482.59 crore
- Total Expenses: ₹421.91 crore
- Profit Before Tax: ₹60.68 crore (compared to ₹56.58 crore in H1 FY26)
- Tax Expense: ₹11.31 crore
- Profit After Tax: ₹49.37 crore (up from ₹45.91 crore in H1 FY26)
- Other Comprehensive Income (net of tax): ₹173.64 crore
- Total Comprehensive Income: ₹223.01 crore
- Earnings Per Share (Basic & Diluted): ₹39.56
Balance Sheet Highlights as of September 30, 2026 (Reviewed)
- Total Assets: ₹2,769.76 crore (up from ₹2,539.61 crore as of March 31, 2026)
- Non-Current Assets: ₹2,420.69 crore (including investments of ₹2,397.51 crore)
- Current Assets: ₹349.07 crore
- Equity: ₹2,502.48 crore
- Non-Current Liabilities: ₹223.70 crore
- Current Liabilities: ₹43.58 crore
Cash Flow Statement - Half Year Ended September 30, 2026
- Net Cash from Operating Activities: ₹1.25 crore
- Net Cash from Investing Activities: ₹17.20 crore
- Net Cash from Financing Activities: (₹28.70) crore (primarily dividend payments)
- Net Decrease in Cash & Equivalents: (₹10.25) crore
- Cash & Equivalents at Period End: ₹14.27 crore
Key Notes and Disclosures
- The company operates in a single segment: "Sale and Distribution of Automotive spares"
- Financial results prepared in accordance with Indian Accounting Standards (Ind AS)
- Results reviewed by the Audit Committee and approved by the Board of Directors
- Statutory Auditors M/s. Brahmayya & Co issued a limited review report with no material misstatements identified
- No exceptional items reported during the period
- The company has no finance costs
- Significant increase in other comprehensive income driven by fair value changes in equity instruments (₹202.51 crore before tax effect)