Force Motors Reports 4.64% Sales Growth with Detailed Segment Performance

1 min read     Updated on 02 Feb 2026, 01:31 PM
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Reviewed by
Radhika SScanX News Team
Overview

Force Motors Limited disclosed its January 2026 sales performance under regulatory requirements, achieving total sales of 3,764 units representing a 4.64% year-on-year growth. The company demonstrated strong domestic market performance with 4.92% growth in sales to 3,665 units, while export sales declined 4.81% to 99 units, reflecting mixed performance across market segments.

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*this image is generated using AI for illustrative purposes only.

Force Motors has reported its monthly sales data for January 2026 under Regulation 30, demonstrating positive overall growth despite mixed performance across domestic and export segments. The company achieved total sales of 3,764 units during the month, marking a 4.64% improvement over the previous year's performance.

Overall Sales Performance

The automotive manufacturer recorded year-on-year growth in its January sales figures, showing resilience in the competitive market environment. The comprehensive sales data reflects the company's performance across both domestic and international markets.

Parameter: January 2026 January 2025 Growth Rate
Total Sales: 3,764 units 3,597 units 4.64%
Domestic Sales: 3,665 units 3,493 units 4.92%
Export Sales: 99 units 104 units -4.81%

Domestic Market Strength

The domestic segment demonstrated robust performance with sales of 3,665 units in January 2026, representing a 4.92% increase from 3,493 units in January 2025. This growth encompasses the company's portfolio of Small Commercial Vehicles (SCV), Light Commercial Vehicles (LCV), Utility Vehicles (UV) and Sports Utility Vehicles (SUV).

The strong domestic performance indicates Force Motors' ability to maintain customer demand and market share in the Indian automotive market. The additional 172 units sold in the domestic market compared to the previous January demonstrates the company's steady performance in its core market.

Export Segment Challenges

While domestic sales showed positive growth, the export segment faced headwinds with sales declining to 99 units in January 2026 from 104 units in January 2025, representing a 4.81% decrease. This decline of 5 units reflects the challenges in international markets.

Regulatory Compliance and Transparency

The sales data was submitted in advance as per the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information was filed by Company Secretary & Compliance Officer Rohan Sampat, demonstrating the company's commitment to regulatory compliance and transparent disclosure practices.

Historical Stock Returns for Force Motors

1 Day5 Days1 Month6 Months1 Year5 Years
-0.32%-3.14%-10.26%+12.03%+187.93%+1,254.05%

Force Motors Appoints Lt. Gen. Vinod Gulabrao Khandare as Independent Director

2 min read     Updated on 29 Jan 2026, 09:25 PM
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Reviewed by
Riya DScanX News Team
Overview

Force Motors Limited has appointed Lt. Gen. Vinod Gulabrao Khandare (Retd.) as Independent Director effective January 29, 2026, for a five-year term subject to shareholder approval. The retired Army Officer brings nearly four decades of military experience, having served in crucial positions including Director General Defence Intelligence Agency and Military Adviser at NSCS. He has been honored with prestigious awards including Param Vishisht Seva Medal and Ati Vishisht Seva Medal by the President of India. The appointment strengthens Force Motors' Board governance and has been made in compliance with SEBI Listing Regulations.

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*this image is generated using AI for illustrative purposes only.

Force Motors Limited has strengthened its Board of Directors with the appointment of Lt. Gen. Vinod Gulabrao Khandare (Retd.) as an Independent Director, effective January 29, 2026. The appointment was approved by the Board following the recommendation of the Nomination and Remuneration Committee, as disclosed under Regulation 30 of SEBI Listing Regulations.

Appointment Details

The key details of Lt. Gen. Khandare's appointment are outlined below:

Parameter: Details
Director Identification Number: 11363013
Effective Date: January 29, 2026
Designation: Additional Director (Independent Director)
Term Duration: 5 years (first term)
Approval Status: Subject to shareholder approval

The company has confirmed that Lt. Gen. Khandare is not debarred from holding the office of Director by virtue of any SEBI order or any other authority.

Professional Background

Lt. Gen. Vinod Gulabrao Khandare brings extensive military experience to the Force Motors Board. His distinguished career spans nearly four decades of service in the Indian Army, where he handled critical military affairs and advised at the apex level on decision-making impacting national interest.

Key Positions Held

During his tenure in the Department of Ministry of Defence, Lt. Gen. Khandare held several crucial positions:

  • Principal Adviser
  • Military Adviser at NSCS (National Security Council Secretariat)
  • Director General Defence Intelligence Agency
  • Deputy Chief of Integrated Defence Staff

Recognition and Awards

Lt. Gen. Khandare's distinguished service has been recognized through prestigious awards from the President of India:

Award: Details
Param Vishisht Seva Medal: Highest peacetime gallantry award
Ati Vishisht Seva Medal: Distinguished service medal
Sena Medal: Military decoration
Army Chief's Commendation Card: Recognition for exceptional service
Army Commander's Commendation Card: Commendation for outstanding performance

Board Independence

The company has disclosed that Lt. Gen. Khandare is not related to any existing Director of Force Motors Limited, ensuring his independence as per regulatory requirements. This appointment aligns with corporate governance best practices and strengthens the Board's oversight capabilities.

Regulatory Compliance

The appointment has been made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure follows the requirements under Schedule III – Para A (7) of Part A of the Listing Regulations, read with SEBI Master Circular dated November 11, 2024.

Historical Stock Returns for Force Motors

1 Day5 Days1 Month6 Months1 Year5 Years
-0.32%-3.14%-10.26%+12.03%+187.93%+1,254.05%

More News on Force Motors

1 Year Returns:+187.93%