Force Motors schedules 67th AGM for September 16, 2026

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • Force Motors schedules its 67th AGM for September 16, 2026
  • Record date for FY25-26 dividend eligibility is September 9, 2026
  • Remote e-voting period runs from September 12 to September 15, 2026
  • Book closure remains effective from September 10 to September 16, 2026
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Force Motors has scheduled its 67th Annual General Meeting (AGM) for September 16, 2026. The meeting will be conducted via Video Conferencing or Other Audio Visual Means in compliance with SEBI and MCA regulations.

The company has fixed September 9, 2026, as the record date to determine shareholders eligible for the dividend for the Financial Year 2025-26. This date also serves as the cut-off for determining voting eligibility.

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.

Event Date Time
Record Date September 9, 2026 Close of business
E-Voting Start September 12, 2026 9:00 am
E-Voting End September 15, 2026 5:00 pm
AGM Date September 16, 2026 3:00 pm
Book Closure September 10–16, 2026 N/A

Dividend and Reporting

If declared at the AGM, the dividend will be paid within 30 days. 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 company will dispatch the AGM notice and the Annual Report for FY25-26 electronically to registered email addresses. For shareholders without registered emails, a letter containing the web-link to the annual report will be sent in accordance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Force Motors

1 Day5 Days1 Month6 Months1 Year5 Years
-0.96%-6.31%-1.07%-30.38%-13.59%+1,272.57%

What dividend payout ratio or per-share amount is Force Motors likely to propose at the AGM, given its FY25-26 financial performance?

How might the upcoming AGM resolutions impact the company's strategic direction in the commercial vehicle and defense sectors?

Will there be any significant changes to the board of directors or management team proposed for approval during the meeting?

Force Motors Q1 Results: Net profit rises 14% YoY to ₹212 crore

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Reviewed by
Suketu GScanX News Team
Key Highlights

Force Motors Limited posted a 14% YoY rise in net profit to ₹212 crore for Q1FY27, supported by a 6% increase in sales to ₹2,417 crore. Profit before tax remained flat at ₹289 crore. The company highlighted long-term CAGRs of 21.7% for sales and 99.7% for PAT over three years.

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Force Motors reported a 14% year-on-year increase in standalone net profit after tax (PAT) to ₹212 crore for the quarter ended June 30, 2026, driven by a 6.0% growth in revenue. The automotive manufacturer’s standalone sales rose to ₹2,417 crore in Q1FY27, up from ₹2,279 crore in the corresponding period of the previous year. This performance underscores the company's operational resilience amidst shifting market dynamics.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on August 7, 2026. Rohan Sampat, Company Secretary & Compliance Officer, submitted the investor presentation detailing the standalone and consolidated financial performance. The filing notes that the company shifted to the new tax regime starting from Q2FY26, which impacts the comparability of certain tax-related figures.

While top-line growth was evident, profitability before tax showed minimal movement. Profit before tax (PBT) stood at ₹289 crore, a marginal 1.0% increase over the ₹287 crore recorded in Q1FY26. This divergence between revenue growth and PBT stability suggests potential margin compression or increased operational costs offsetting the higher sales volume.

Financial Performance Overview

The following table highlights the key standalone financial metrics for Q1FY27 compared to Q1FY26:

Metric Q1FY27 (₹ Cr.) Q1FY26 (₹ Cr.) Growth (%)
Sales 2,417 2,279 6.0
PBT 289 287 1.0
PAT 212 185 14.0

Long-term compound annual growth rates (CAGR) indicate strong historical momentum. Over the last three years, sales have grown at a CAGR of 21.7%, while PAT has expanded at a CAGR of 99.7%. The 10-year CAGR for sales stands at 11.6%, reflecting sustained market presence.

What the Numbers Show

A notable analytical observation is the disproportionate growth in PAT relative to PBT. While PBT grew by only 1.0%, PAT surged by 14.0%. Given the company’s shift to the new tax regime in FY26, this improvement is likely attributable to favorable tax rate adjustments rather than pure operational leverage. Investors should monitor subsequent quarters to determine if operational margins are improving independently of tax benefits.

The company also highlighted its broader enterprise value exceeding ₹46,000 crores within the Dr. Abhay Firodia Group of Companies. Force Motors continues to leverage its Indo-German collaboration legacy, with facilities in Pune and Chennai manufacturing engines for global brands like BMW and Mercedes-Benz.

Sustainability metrics were also featured in the presentation. In FY25-26, the company achieved a 38% reduction in GHG emissions intensity against a target of 50% by 2030. Additionally, 43.5% of suppliers were ESG-screened, and renewable energy accounted for 31% of electricity usage, moving toward a 50% target by 2027.

Historical Stock Returns for Force Motors

1 Day5 Days1 Month6 Months1 Year5 Years
-0.96%-6.31%-1.07%-30.38%-13.59%+1,272.57%

Will Force Motors be able to sustain PAT growth through operational margin expansion in Q2FY27, or will it remain dependent on the favorable tax regime shift?

How might increased input costs or supply chain disruptions impact the company's ability to convert top-line revenue growth into proportional profit before tax?

What is the projected timeline for Force Motors to achieve its 50% renewable energy usage target by 2027, and how will this transition affect short-term operational expenditures?

More News on Force Motors

1 Year Returns:-13.59%