India Motor Parts & Accessories Ltd Summary
Indian Motor Parts & Accessories Limited (IMPAL) was incorporated in July, 1954 as a distributor for automobile spare parts in the Indian Automotive Aftermarket. The Company is a part of the TSF Group and operate through a network of 99 branches IMPAL is one of the few all India distributors of motar parts and deals in engine group components, brake systems, fasteners, radiators, axles, suspensions, auto electricals, wheels, steering linkages, instruments clusters etc.The companys Commercial Paper has been continuously rated as P1+ by CRISIL upto Rs.900 lakhs. Company had a partnership with M/s Royal & Sun Alliance Insurance Plc UK and with M/s Sundaram Finance Limited for promotion of non-life Insurance Company.
The total investment made by the company along with M/s Royal Sundaram Alliance Insurance Company was Rs.12 Crores.During the year 2011-12, Company opened a branch in Silchar. In 2017-18, it opened three new branches; commenced an exercise to upgrade its ERP system to make data available online. The Company acquired a 90% equity stake in CAPL Motor Parts Private Limited, Ahmedabad on 29th November 2017 and CAPL Motor Parts Private Limited became a subsidiary of Company; in 2019, it opened 5 new branches in interior areas of states.In FY 2023-24, Company sold a part of its holding in Transenergy Private Limited.
Consequent to this, with effect from 24th March, 2023 Transenergy Private Limited ceased to be an Associate of the Company. The Company has opened 4 new branches and added a new product line in 2025.The Company expanded the business line by opening 10 new branches in FY 2026.