India Motor Parts and Accessories Limited has informed the Exchange that Board of Directors at its meeting held on May 08, 2026, recommended Final Dividend of Rs. 23 per equity share.
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India Motor Parts & Accessories Limited reported audited standalone results for FY 2025-26. Total income increased to Rs 889.54 crore from Rs 835.98 crore in the previous year, while profit after tax rose to Rs 96.55 crore from Rs 83.67 crore, representing a 15.4% year-on-year growth. The board recommended a final dividend of Rs 23 per equity share (230% on Rs 10 face value), which combined with the Rs 10 interim dividend already paid totals Rs 33 per share for the year. The statutory auditor Brahmayya & Co issued an unmodified (clean) opinion on the financial statements. The company's balance sheet remains strong with total equity of Rs 2,308 crore and no borrowings (finance cost is zero). Other comprehensive income showed a loss of Rs 322.89 crore in Q4 primarily due to fair value changes in equity investments.
Positive signal for shareholders: consistent revenue and PAT growth with a total dividend of Rs 33 per share represents a healthy return. The clean audit opinion and zero-debt capital structure reinforce financial stability, though the large negative OCI from equity fair value changes warrants monitoring.