Force Motors FY26 PAT rises 51% to ₹1,211 crore on sales growth
Force Motors reported a 51% increase in PAT to ₹1,211 crore for FY26, with sales rising 12% to ₹8,980 crore. The annualized ROIC improved to 23.72%.

*this image is generated using AI for illustrative purposes only.
Force Motors reported a 51% increase in profit after tax (PAT) to ₹1,211 crore for the financial year 2025-26 (FY26), while sales rose 12% to ₹8,980 crore. Profit before tax (PBT) grew 55% to ₹1,304 crore for the same period. The company shifted to a new tax regime during the financial year.
The standalone performance data reveals a 3-year compound annual growth rate (CAGR) of 21.7% for sales and 151.1% for PBT. The 10-year CAGR for sales stood at 11.6%, while PBT recorded an 18.0% CAGR over the same decade.
Financial Performance
The company's annualized Return on Invested Capital (ROIC) reached 23.72% in FY26, up from 17.81% in the previous year. Cash flow from operations for FY26 was reported at ₹1,297 crore, with capital expenditure (Capex) at ₹971 crore.
| Metric | FY 25 | FY 26 | Growth |
|---|---|---|---|
| Sales (₹ Cr.) | 8007 | 8980 | 12.0% |
| PBT (₹ Cr.) | 843 | 1304 | 55.0% |
| PAT (₹ Cr.) | 800 | 1211 | 51.0% |
Strategic Initiatives
Sustainability remains central to Force Motors’ growth strategy. In 2024–25, the company achieved a 4× improvement in emissions avoided over the previous year and a 22% reduction in GHG emissions intensity. The company targets a 50% reduction in GHG intensity by 2030.
Force Motors diverted 97% of waste to achieve zero waste to landfill status and sourced 13.47% of its electricity from renewable sources, with a target of 50% by 2027. Water use per equivalent vehicle was reduced by 9%.
The investor presentation was submitted to BSE Limited and National Stock Exchange of India Ltd. on June 26, 2026, by Rohan Sampat, Company Secretary & Compliance Officer.
Historical Stock Returns for Force Motors
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.80% | -1.93% | -2.75% | -8.26% | -4.90% | +1,074.67% |
How will the transition to the new tax regime impact Force Motors' effective tax rate and net profit margins in the coming years?
What are the company's plans for deploying its strong operating cash flow given the significant increase in capital expenditure?
Can Force Motors sustain the high 23.72% ROIC as it scales up investments towards its 2030 sustainability targets?


































