India Motor Parts & Accessories (NSE:IMPAL) Gross Margin %: 11.20% (As of Jun. 2026) — 28% Below Median

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NSE:IMPAL India Motor Parts & Accessories Ltd NSE:IMPAL
82 GF Score
Price ₹1,077.70
GF Value ₹1,175.80
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is India Motor Parts & Accessories Gross Margin %?

India Motor Parts & Accessories NSE:IMPAL +1.19% 82 Gross Margin % is 11.20% as of Jun. 2026, which is 28% below its 10-year median of 15.66. GuruFocus rates NSE:IMPAL with a GF Score™ of 82/100 and a GF Value™ of ₹1,175.80 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,318 Vehicles & Parts companies, India Motor Parts & Accessories ranks worse than 64.8% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. India Motor Parts & Accessories's Gross Profit for the three months ended in Jun. 2026 was ₹262 Mil. India Motor Parts & Accessories's Revenue for the three months ended in Jun. 2026 was ₹2,343 Mil. Therefore, India Motor Parts & Accessories's Gross Margin % for the quarter that ended in Jun. 2026 was 11.20%.

Warning Sign:

India Motor Parts & Accessories Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.7%.


The historical rank and industry rank for India Motor Parts & Accessories's Gross Margin % or its related term are showing as below:

NSE:IMPAL' s Gross Margin % Range Over the Past 10 Years
Min: 13.26   Med: 15.66   Max: 16.69
Current: 15.9


During the past 13 years, the highest Gross Margin % of India Motor Parts & Accessories was 16.69%. The lowest was 13.26%. And the median was 15.66%.

NSE:IMPAL's Gross Margin % is ranked worse than
64.8% of 1318 companies
in the Vehicles & Parts industry
Industry Median: 20.02 vs NSE:IMPAL: 15.90

India Motor Parts & Accessories had a gross margin of 11.20% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for India Motor Parts & Accessories was -1.70% per year.


India Motor Parts & Accessories  (NSE:IMPAL) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

India Motor Parts & Accessories had a gross margin of 11.20% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


India Motor Parts & Accessories Gross Margin % Related Terms


India Motor Parts & Accessories Gross Margin % Historical Data

* Premium members only.

The historical data trend for India Motor Parts & Accessories's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

India Motor Parts & Accessories Gross Margin % Chart

India Motor Parts & Accessories Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.86 11.85 10.81 11.00 10.75

India Motor Parts & Accessories Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.45 10.86 10.75 11.83 11.20

NSE:IMPAL vs ORLY, AZO, GPC: Gross Margin % Comparison

For the Auto Parts subindustry, India Motor Parts & Accessories's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


India Motor Parts & Accessories Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, India Motor Parts & Accessories's Gross Margin % distribution charts can be found below:

* The bar in red indicates where India Motor Parts & Accessories's Gross Margin % falls into.


NSE:IMPAL
82GF Score
India Motor Parts & Accessories Ltd NSE:IMPAL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

India Motor Parts & Accessories Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

India Motor Parts & Accessories's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=899.7 / 8371.1
=(Revenue - Cost of Goods Sold) / Revenue
=(8371.1 - 7471.4) / 8371.1
=10.75 %

India Motor Parts & Accessories's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=262.4 / 2342.9
=(Revenue - Cost of Goods Sold) / Revenue
=(2342.9 - 2080.5) / 2342.9
=11.20 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 11.20% mean?
India Motor Parts & Accessories (NSE:IMPAL) has a Gross Margin % of 11.20% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on India Motor Parts & Accessories and its competitors. This is 28% below median its historical median of 15.66. Over the past decade, India Motor Parts & Accessories' Gross Margin % has ranged from 13.26 to 16.69. According to the industry distribution chart, India Motor Parts & Accessories ranks #854 out of 1318 companies in the Vehicles & Parts industry, placing it in the top 64.8%.
Is India Motor Parts & Accessories' Gross Margin % too high?
India Motor Parts & Accessories' current Gross Margin % of 11.20% is 28% below median its 10-year median of 15.66. Over the past 10 years, this metric has ranged from a low of 13.26 to a high of 16.69. The Vehicles & Parts industry median Gross Margin % is 20.02. India Motor Parts & Accessories' value of 11.20% is 44.1% below this industry median. Based on the distribution chart, India Motor Parts & Accessories ranks #854 out of 1318 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, India Motor Parts & Accessories has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does India Motor Parts & Accessories' Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, India Motor Parts & Accessories ranks #854 out of 1318 companies for Gross Margin %. This places India Motor Parts & Accessories in the lower half of its industry. The industry median Gross Margin % is 20.02. India Motor Parts & Accessories' value of 11.20% is 44.1% below this benchmark. Historically, India Motor Parts & Accessories' own Gross Margin % has ranged from 13.26 to 16.69 over the past decade. While the company's 10-year median is 15.66 vs. the industry median of 20.02, India Motor Parts & Accessories has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 20.02, based on 1,318 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. India Motor Parts & Accessories's current Gross Margin % of 11.20% is 44.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on India Motor Parts & Accessories and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 20.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Motor Parts & Accessories's current Gross Margin % is 11.20%, which is 28% below median its own 10-year median of 15.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Motor Parts & Accessories stock overvalued right now?
Based on GuruFocus' analysis, India Motor Parts & Accessories (NSE:IMPAL) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,175.80, compared to a current price of ₹1,077.70 — trading 8.3% below its estimated fair value. The current Gross Margin % is 11.20%, which is 28% below median its 10-year median of 15.66 and 44.1% below the Vehicles & Parts industry median of 20.02. India Motor Parts & Accessories' overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For India Motor Parts & Accessories (NSE:IMPAL), the current Gross Margin % is 11.20% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is India Motor Parts & Accessories (NSE:IMPAL) Overvalued in 2026?

Based on GuruFocus' analysis, India Motor Parts & Accessories stock appears to be undervalued. The current stock price of ₹1,077.70 is trading 8.3% below its estimated GF Value™ of ₹1,175.80. GuruFocus considers India Motor Parts & Accessories to be Fairly Valued.

Key valuation signals for NSE:IMPAL:

  • Gross Margin %: 11.20% (28% below median its 10-year median of 15.66)
  • GF Value™: ₹1,175.80 vs. price of ₹1,077.70 (8.3% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 44.1% below the Vehicles & Parts median (#854 of 1318)

No single metric tells the full story. See the NSE:IMPAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


India Motor Parts & Accessories Business Description

Other Exchanges 590065:India
Address No. 46, Whites Road, Sundaram Towers, III Floor, SF Building, Royapettah, Chennai, TN, IND, 600014
India Motor Parts & Accessories Ltd engages in the manufacture and distribution of automotive spares parts and accessories. The Company operates only in one business segment. Viz Sale and Distribution of Automotive Spares. Its product includes Oil seals, Gaskets, Hydraulic Brake Parts and Brake Fluid, Clutch Cover, Car fuel system components, Fuel injection parts, Auto cables, Radiators, Brake drums, Axles Shafts, Auto Electrical Components, Valves and Valve Guides, Automotive Bearings, and others.
82GF Score

Get the complete analysis for NSE:IMPAL

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,077.70
Price
₹1,175.80
GF Value