India Motor Parts & Accessories Ltd
Past performance
About India Motor Parts & Accessories Ltd Indian Motor Parts & Accessories (IMPAL), a member of the TVS Group, was established in 1954 and specializes in the distribution of automobile spare parts and accessories across India. With over 50 branches nationwide, IMPAL represents more than 60 manufacturers, offering a wide range of products including engine components, brake systems, suspensions, and auto electricals. The company's robust distribution network positions it as a leading player in the automobile parts sector.
IMPAL's financial stability is evidenced by its 'P1+' rating from CRISIL for its commercial paper, indicating strong creditworthiness. The company previously partnered with Royal & Sun Alliance Insurance Plc UK and Sundaram Finance Limited to promote a non-life insurance venture, with a total investment of Rs.12 Crores. Recent strategic expansions include the acquisition of a 90% stake in CAPL Motor Parts Private Limited and the opening of new branches, enhancing its market presence and operational capabilities.
Performance overview