| Quarterly Financials | Jun 2018 | Sept 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 |
Revenue  | 902 | 895 | 847 | 1,090 | 818 | 772 | 869 | 664 | 192 | 703 | 499 | 619 | 660 | 952 | 791 | 890 | 978 | 1,276 | 1,309 | 1,737 | 1,499 | 1,811 | 1,696 | 2,029 | 1,900 | 1,950 | 1,910 | 2,774 | 2,322 | 2,107 | 2,370 |
| Expenses | 810 | 808 | 768 | 990 | 733 | 720 | 804 | 602 | 238 | 631 | 467 | 652 | 615 | 898 | 792 | 885 | 930 | 1,166 | 1,250 | 1,372 | 1,310 | 1,581 | 1,477 | 1,733 | 1,640 | 1,664 | 1,658 | 2,027 | 1,974 | 1,719 | 1,755 |
| EBITDA | 92 | 88 | 78 | 100 | 85 | 52 | 66 | 62 | -46 | 73 | 32 | -33 | 45 | 54 | -2 | 5 | 47 | 111 | 59 | 364 | 189 | 230 | 219 | 297 | 260 | 286 | 252 | 747 | 348 | 388 | 616 |
| Operating Profit % | 9 % | 8 % | 7 % | 7 % | 9 % | 5 % | 8 % | 8 % | -28 % | 9 % | 6 % | -7 % | 4 % | 4 % | -2 % | -0 % | 4 % | 8 % | 4 % | 8 % | 12 % | 12 % | 13 % | 14 % | 13 % | 14 % | 12 % | 14 % | 14 % | 17 % | 18 % |
| Depreciation | 35 | 35 | 40 | 42 | 46 | 47 | 49 | 53 | 39 | 46 | 45 | 43 | 41 | 45 | 50 | 55 | 57 | 61 | 60 | 63 | 64 | 67 | 68 | 68 | 69 | 69 | 71 | 72 | 70 | 71 | 73 |
| Interest | 1 | 0 | 6 | 8 | 6 | 6 | 8 | 8 | 8 | 8 | 8 | 5 | 7 | 9 | 12 | 13 | 14 | 20 | 17 | 18 | 18 | 16 | 14 | 14 | 9 | 5 | 4 | 7 | 0 | 0 | 0 |
| Profit Before Tax | 57 | 53 | 33 | 50 | 33 | -2 | 9 | 2 | -93 | 19 | -21 | -82 | -3 | 1 | -64 | -63 | -23 | 30 | -18 | 284 | 107 | 147 | 137 | 214 | 182 | 212 | 177 | 668 | 278 | 317 | 543 |
| Tax | 16 | 13 | 5 | 13 | 7 | -6 | -5 | -4 | -28 | 5 | -2 | -28 | 1 | 2 | -21 | -21 | -7 | 11 | -3 | 137 | 39 | 53 | 51 | 74 | 66 | 76 | 62 | 233 | 101 | -34 | 137 |
| Net Profit | 41 | 40 | 27 | 37 | 26 | 4 | 14 | 6 | -65 | 14 | -19 | -54 | -4 | -1 | -43 | -43 | -17 | 19 | -16 | 147 | 69 | 94 | 85 | 140 | 116 | 135 | 115 | 435 | 176 | 351 | 406 |
| EPS in ₹ | 31.10 | 30.17 | 19.71 | 27.83 | 19.84 | 3.20 | 10.45 | 4.60 | -49.34 | 10.66 | -14.41 | -40.73 | -3.32 | -0.81 | -32.52 | -32.48 | -12.62 | 14.62 | -11.83 | 111.25 | 52.04 | 71.23 | 64.82 | 106.45 | 87.81 | 102.46 | 87.52 | 329.92 | 133.82 | 266.14 | 308.22 |
Force Motors
Force Motors
20,347.00
-403.00
(-1.94%)
Market Cap
26,518.07 Cr
PE Ratio
19.98
Volume
1,34,706.00
Day High - Low
20,928.00 - 19,955.00
52W High-Low
26,450.00 - 8,745.00
Key Fundamentals
Market Cap
26,518.07 Cr
EPS
607.71
PE Ratio
19.98
PB Ratio
7.80
Book Value
2,661.08
EBITDA
1,149.30
Dividend Yield
0.19 %
Industry
Automobiles Sector
Cars & Utility Vehicles Return on Equity
26.38
Debt to Equity
0.10
Actual
Company News
View All News
Force Motors Limited completes acquisition of Veera Tanneries Private Limited for ₹161.96 crores through Share Purchase Agreement, making it a wholly owned subsidiary.
Force Motors Limited has scheduled a board meeting on April 29, 2026, to consider audited financial results for Q4 and FY26, along with dividend recommendation.
Force Motors Files SEBI Compliance Certificate
Apr 14, 2026
Apr 14, 2026Force Motors Limited submitted its quarterly certificate under SEBI Regulation 74(5) for Q4 FY26, confirming proper handling of dematerialisation processes through its registrar MUFG Intime India.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
13,048.00 | #1 4,10,232.48 | 27.71 | 1,57,935.20 | 8.21 | 14,500 | 4.08 | 44.52 | |
3,038.40 | 3,77,833.80 | 22.41 | 1,61,391.90 | 14.26 | 14,073 | 38.54 | 42.03 | |
1,783.60 | 1,44,924.83 | 25.88 | 70,104.40 | -1.75 | 5,640 | 6.35 | 40.11 | |
350.50 | 1,29,076.03 | #1 1.52 | #1 4,45,939.00 | 1.42 | #1 23,278 | -163.51 | 55.78 | |
20,347.00 | #5 26,518.07 | #2 19.98 | #5 8,128.30 | #3 15.60 | #5 801 | #1 252.21 | 41.78 | |
1,202.80 | 9,872.67 | 70.34 | 1,814.20 | 55.63 | 139 | 0.21 | 61.82 | |
33.45 | 635.44 | 118.24 | 93.10 | #1 313.78 | 8 | -79.07 | 55.75 | |
16.41 | 342.41 | 99.18 | 2.80 | -86.67 | -32 | -96.97 | 57.68 |
Automatic Screeners on ScanX
Growth Rate
Revenue Growth
15.60 %
Net Income Growth
106.31 %
Cash Flow Change
-4.24 %
ROE
53.37 %
ROCE
54.44 %
EBITDA Margin (Avg.)
4.90 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 1,975 | 2,305 | 2,701 | 2,523 | 2,836 | 3,098 | 3,238 | 3,661 | 4,013 | 4,415 | 5,134 |
| Fixed Assets | 638 | 792 | 911 | 949 | 1,216 | 1,400 | 1,224 | 2,033 | 2,094 | 2,031 | 1,969 |
| Current Assets | 997 | 1,221 | 1,498 | 1,127 | 1,091 | 1,027 | 882 | 1,027 | 1,565 | 2,046 | 2,580 |
| Capital Work in Progress | 240 | 205 | 220 | 369 | 372 | 445 | 725 | 302 | 154 | 171 | 287 |
| Investments | 0 | 8 | 9 | 10 | 23 | 78 | 100 | 111 | 97 | 91 | 103 |
| Other Assets | 1,098 | 1,300 | 1,561 | 1,196 | 1,225 | 1,175 | 1,189 | 1,215 | 1,668 | 2,121 | 2,775 |
| Total Equity & Liabilities | 1,975 | 2,305 | 2,701 | 2,523 | 2,836 | 3,098 | 3,238 | 3,661 | 4,013 | 4,415 | 5,134 |
| Current Liabilities | 594 | 715 | 901 | 683 | 653 | 911 | 874 | 1,283 | 1,509 | 1,636 | 1,725 |
| Non Current Liabilities | 61 | 98 | 131 | 37 | 248 | 220 | 524 | 629 | 627 | 521 | 373 |
| Total Equity | 1,320 | 1,491 | 1,669 | 1,803 | 1,935 | 1,967 | 1,840 | 1,750 | 1,877 | 2,257 | 3,036 |
| Reserve & Surplus | 1,306 | 1,477 | 1,654 | 1,788 | 1,920 | 1,952 | 1,825 | 1,735 | 1,862 | 2,242 | 3,020 |
| Share Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 85 | 9 | 30 | -47 | -35 | 62 | -32 | 38 | 68 | 308 | 58 |
| Investing Activities | -96 | -210 | -621 | -81 | -606 | -327 | -333 | -356 | -257 | -198 | -351 |
| Operating Activities | 226 | 256 | 471 | 257 | 314 | 409 | 7 | 18 | 532 | 1,015 | 972 |
| Financing Activities | -45 | -37 | 180 | -223 | 256 | -20 | 294 | 375 | -207 | -509 | -562 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Feb 2024 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
| Promoter | 61.63 % | 61.63 % | 61.63 % | 61.63 % | 61.63 % | 61.63 % | 61.63 % | 61.63 % | 61.63 % | 61.63 % | 61.63 % | 61.63 % | 61.63 % | 61.63 % | 61.63 % | 61.63 % | 61.63 % | 61.63 % | 61.63 % | 61.63 % | 61.63 % | 61.63 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 4.94 % | 0.00 % | 0.00 % | 6.34 % | 7.78 % | 7.89 % | 8.15 % | 8.35 % | 9.77 % | 10.27 % | 10.46 % | 10.93 % |
| DIIs | 2.33 % | 2.55 % | 2.67 % | 2.54 % | 3.30 % | 2.90 % | 2.21 % | 2.19 % | 2.32 % | 1.48 % | 1.59 % | 1.02 % | 1.02 % | 0.87 % | 1.03 % | 0.92 % | 0.91 % | 1.43 % | 1.66 % | 1.48 % | 1.80 % | 1.76 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 28.30 % | 28.58 % | 28.50 % | 28.70 % | 28.04 % | 28.43 % | 28.85 % | 28.49 % | 28.76 % | 27.87 % | 26.65 % | 26.61 % | 26.34 % | 25.16 % | 24.12 % | 23.74 % | 23.34 % | 22.73 % | 21.42 % | 20.98 % | 20.53 % | 20.29 % |
| Others | 7.74 % | 7.24 % | 7.19 % | 7.14 % | 7.04 % | 7.05 % | 7.32 % | 7.69 % | 7.30 % | 9.02 % | 5.20 % | 10.74 % | 11.01 % | 6.00 % | 5.45 % | 5.82 % | 5.97 % | 5.85 % | 5.53 % | 5.64 % | 5.59 % | 5.39 % |
| No of Share Holders | 0 | 58,157 | 60,444 | 61,503 | 61,570 | 61,036 | 60,301 | 58,475 | 53,958 | 50,221 | 48,086 | 47,556 | 46,685 | 47,742 | 51,909 | 56,044 | 59,207 | 56,164 | 59,419 | 72,334 | 71,870 | 78,750 |
Dividend History
| Annual Cash Flows | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 0.00 | 10 | 10 | 5 | 10 | 10 | 20 | 40 | 0.00 |
| Dividend Yield (%) | 0.00 | 0.00 | 1.36 | 0.85 | 0.49 | 0.86 | 0.14 | 0.22 | 0.21 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 29 Apr 2026 |  Quarterly Result Announcement | NA | 29 Apr 2026 | 21,873.00 | 20,344.80 |
| 22 Sept 2021 |  Dividend | ₹ 5.00 /share | 20 Sept 2021 | 1,255.80 | 1,459.10 |
| 22 Sept 2022 | Dividend | ₹ 10.00 /share | 20 Sept 2022 | 1,019.90 | 1,366.25 |
| 28 Sept 2022 |  Annual General Meeting | NA | 28 Sept 2022 | 1,220.00 | 1,237.50 |
| 22 Sept 2023 | Dividend | ₹ 10.00 /share | 21 Sept 2023 | 1,401.60 | 3,642.75 |
| 28 Sept 2023 | Annual General Meeting | NA | 28 Sept 2023 | 2,749.90 | 3,852.85 |
| 28 Aug 2024 | Dividend | ₹ 20.00 /share | 28 Aug 2024 | 9,875.40 | 8,379.40 |
| 04 Sept 2024 | Annual General Meeting | NA | 04 Sept 2024 | 8,124.45 | 8,285.20 |
| 29 Oct 2024 | Quarterly Result Announcement | NA | 29 Oct 2024 | 6,755.75 | 6,414.80 |
| 10 Feb 2025 | Quarterly Result Announcement | NA | 10 Feb 2025 | 6,502.65 | 6,588.45 |
| 25 Apr 2025 | Quarterly Result Announcement | NA | 25 Apr 2025 | 8,693.00 | 9,269.50 |
| 23 Jul 2025 | Quarterly Result Announcement | NA | 23 Jul 2025 | 16,755.65 | 17,507.00 |
| 10 Sept 2025 | Dividend | ₹ 40.00 /share | 10 Sept 2025 | 9,269.50 | 18,166.10 |
| 17 Sept 2025 | Annual General Meeting | NA | 17 Sept 2025 | 20,214.00 | 19,734.00 |
| 07 Nov 2025 | Quarterly Result Announcement | NA | 07 Nov 2025 | 17,098.00 | 17,883.00 |
| 04 Feb 2026 | Quarterly Result Announcement | NA | 04 Feb 2026 | 18,797.10 | 20,012.15 |
Announcements
Announcement under Regulation 30 (LODR)-Updates on Acquisition2 days ago
2 days agoClosure of Trading Window3 days ago
3 days agoBoard Meeting Intimation for Board Meeting For Consideration Of Audited Standalone And Consolidated Financial Results For Quarter And Year Ended On 31/03/2026 And Consideration Of Dividend If Any3 days ago
3 days agoCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 14, 2026
Apr 14, 2026Announcement under Regulation 30 (LODR)-Monthly Business UpdatesApr 01, 2026
Apr 01, 2026Closure of Trading WindowMar 26, 2026
Mar 26, 2026 Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportMar 17, 2026
Mar 17, 2026Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotMar 17, 2026
Mar 17, 2026Intimation Under Regulation 30(13)Mar 05, 2026
Mar 05, 2026Intimation Under Regulation 30(13)Mar 05, 2026
Mar 05, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationMar 05, 2026
Mar 05, 2026Intimation Under Regulation 30(13) Of SEBI (LODR) Regulations 2015.Mar 05, 2026
Mar 05, 2026Intimation Under Regulation 30(13) Of SEBI (LODR) Regulations 2015.Mar 05, 2026
Mar 05, 2026Announcement under Regulation 30 (LODR)-Monthly Business UpdatesMar 02, 2026
Mar 02, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 13, 2026
Feb 13, 2026Shareholder Meeting / Postal Ballot-Notice of Postal BallotFeb 12, 2026
Feb 12, 2026Announcement under Regulation 30 (LODR)-Investor PresentationFeb 12, 2026
Feb 12, 2026Announcement under Regulation 30 (LODR)-Updates on AcquisitionFeb 06, 2026
Feb 06, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 05, 2026
Feb 05, 2026Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Feb 05, 2026
Feb 05, 2026Announcement under Regulation 30 (LODR)-AcquisitionFeb 04, 2026
Feb 04, 2026Board Meeting Outcome for Outcome Of Board Meeting-Unaudited Standalone And Consolidated Financial Results For The Quarter And Nine Months Ended On 31.12.2025Feb 04, 2026
Feb 04, 2026Results- Financial Results For The Quarter And Nine Months Ended On 31St December 2025.Feb 04, 2026
Feb 04, 2026Announcement under Regulation 30 (LODR)-Monthly Business UpdatesFeb 02, 2026
Feb 02, 2026Announcement under Regulation 30 (LODR)-Change in DirectorateJan 29, 2026
Jan 29, 2026Announcement under Regulation 30 (LODR)-Change in ManagementJan 29, 2026
Jan 29, 2026Closure of Trading WindowJan 28, 2026
Jan 28, 2026Board Meeting Intimation for Unaudited Standalone And Consolidated Results For Quarter And Nine Months Ended On 31.12.2025.Jan 28, 2026
Jan 28, 2026Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 14, 2026
Jan 14, 2026Announcement under Regulation 30 (LODR)-Monthly Business UpdatesJan 01, 2026
Jan 01, 2026Closure of Trading WindowDec 29, 2025
Dec 29, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateDec 19, 2025
Dec 19, 2025Announcement under Regulation 30 (LODR)-Monthly Business UpdatesDec 01, 2025
Dec 01, 2025Announcement under Regulation 30 (LODR)-Investor PresentationNov 14, 2025
Nov 14, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 08, 2025
Nov 08, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 07, 2025
Nov 07, 2025Board Meeting Outcome for Board Meeting Outcome: Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended On 30.09.2025Nov 07, 2025
Nov 07, 2025Results-Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended On 30.09.2025Nov 07, 2025
Nov 07, 2025Announcement under Regulation 30 (LODR)-Monthly Business UpdatesNov 04, 2025
Nov 04, 2025Closure of Trading WindowOct 31, 2025
Oct 31, 2025Board Meeting Intimation for Considering And Approving Unaudited Standalone And Consolidated Financial Results For Quarter And Half Year Ended On 30Th September 2025Oct 31, 2025
Oct 31, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 14, 2025
Oct 14, 2025Announcement under Regulation 30 (LODR)-Monthly Business UpdatesOct 05, 2025
Oct 05, 2025Closure of Trading WindowSep 26, 2025
Sep 26, 2025Voting Results Of 66Th AGM Under Regulation 44Sep 18, 2025
Sep 18, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 18, 2025
Sep 18, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 17, 2025
Sep 17, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 08, 2025
Sep 08, 2025Announcement under Regulation 30 (LODR)-Monthly Business UpdatesSep 03, 2025
Sep 03, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 27, 2025
Aug 27, 2025Mutual Fund Holdings
Technical Indicators
RSI(14)
Neutral 41.78
ATR(14)
Less Volatile 1,052.09
STOCH(9,6)
Neutral 35.93
STOCH RSI(14)
Neutral 21.87
MACD(12,26)
Bearish -92.79
ADX(14)
Weak Trend 10.77
UO(9)
Bearish 33.87
ROC(12)
Uptrend And Accelerating 2.14
WillR(14)
Oversold -84.80
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