Force Motors reported total sales of 3,802 units in August 2026, a growth of 58.22% YoY compared to 2,403 units in the same month last year.

Sales performance snapshot

The year-on-year comparison highlights a significant volume jump for the month of August 2026. The table below captures the key sales figures:

Domestic vs export split

The growth was driven primarily by domestic demand. Sales of small commercial vehicles (SCV), light commercial vehicles (LCV), utility vehicles (UV) and sports utility vehicles (SUV) in the domestic market rose 62.14% YoY to 3,721 units, up from 2,295 units in August 2025.

In contrast, export volumes contracted. Export sales for the same vehicle categories fell 25% YoY to 81 units, down from 108 units in the prior-year period.

What the numbers show

The 58.22% YoY rise in total sales volume represents a notable acceleration for Force Motors. The absolute addition of approximately 1,399 units over the prior-year August figure underscores the scale of the improvement in dispatches during the period. The divergence between domestic growth and export contraction indicates that the overall performance was heavily reliant on the Indian market, where domestic sales accounted for 97.9% of total volumes in August 2026.

Force Motors has scheduled its 67th Annual General Meeting (AGM) for September 16, 2026, at 3:00 pm via Video Conferencing or Other Audio Visual Means, in compliance with SEBI and MCA regulations.

The Board of Directors, at its meeting held on April 29, 2026, recommended a final dividend of ₹50 per equity share of ₹10 face value for FY26. The company has fixed September 9, 2026 as the record date to determine shareholder eligibility for the dividend and voting rights. If declared at the AGM, the dividend will be paid within 30 days, subject to tax deduction at source.

Key dates and schedule

Shareholders can participate in remote e-voting between September 12 and September 15, 2026. The register of members and share transfer books will remain closed from September 10 to September 16, 2026, inclusive, as per Section 91 of the Companies Act, 2013.

AGM agenda and special business

The ordinary business at the AGM includes adoption of audited standalone and consolidated financial statements for FY26, declaration of dividend, and re-appointment of Prasan Abhaykumar Firodia as director liable to retire by rotation.

The special business includes six resolutions: approval for charitable contributions up to ₹50 crore in any financial year; ratification of ₹3,00,000 remuneration to cost accountants M/s Joshi Apte & Associates for FY27; re-appointment of Vallabh Roopchand Bhanshali as Independent Director for a second term of five years from August 13, 2027; re-appointment of Mukesh Mangalbhai Patel as Independent Director for a second term of five years from August 13, 2027; re-appointment of Sonia Prashar as Independent Director for a second term of five years from September 28, 2027; and amendment of the Object Clause of the Memorandum of Association to include new business activities covering real estate, contract manufacturing, financial instruments, and power generation.

FY26 financial highlights

Force Motors delivered its strongest-ever performance in FY26. Consolidated revenue from operations crossed ₹9,000 crore, with consolidated profit after tax (PAT) exceeding ₹1,200 crore, representing over 50% growth compared to the previous year. Domestic wholesales grew 20%, supported by broad-based demand and an improved product mix.

The company's standalone revenue from operations stood at ₹9,05,654 lacs for FY26 against ₹8,07,123 lacs in FY25, with standalone PAT at ₹1,21,126 lacs versus ₹79,997 lacs in the prior year.

Dividend and shareholder information

Dividend eligibility is determined based on holdings in electronic form via NSDL and CDSL, or physical form via MUFG Intime India Private Limited, as of the close of business on September 9, 2026. The total dividend payout for FY26 will be ₹6,588 lacs, compared to ₹5,270 lacs for FY25.

The AGM notice and Annual Report for FY26 are available electronically on the company's website at www.forcemotors.com . Shareholders without registered email addresses will receive a letter with the web-link to the annual report, in accordance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

E-voting is facilitated through NSDL. Members holding shares in demat form may submit Form 121 directly through their respective depository participant on or before September 9, 2026 to avail applicable tax exemptions on dividend.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE451A01017/c254073b-5d65-4912-a0d2-78faeaf8697b.pdf