Force Motors
17,565.00
+942.00(+5.67%)
Market Cap₹21,664.60 Cr
PE Ratio26.87
IndustryAutomobiles
Company Performance:
1D+5.67%
1M-11.51%
6M+102.06%
1Y+153.17%
5Y+1,633.96%
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More news about Force Motors
26Jul 25
Force Motors Secures CRISIL AA+/Stable Rating, Reports Strong Financial Performance
CRISIL has reaffirmed 'CRISIL AA+/Stable/CRISIL A1+' ratings on Force Motors' Rs 765.00 crore bank facilities. The company's revenue increased by 15.00% to Rs 8,092.00 crore, with operating profit rising to Rs 1,113.00 crore. Force Motors reduced its debt to Rs 17.00 crore and became debt-free in May 2025. The company maintains a 70-75% market share in the LCV passenger segment and plans to invest Rs 400.00-500.00 crore annually in capital expenditure.
23Jul 25
Force Motors Bolsters Leadership and Governance with Key Appointments
Force Motors appointed Anshul Saxena as VP of Corporate Strategy and M/s SIUT & Co LLP as Secretarial Auditors. Q1 FY2026 results show 21.88% YoY revenue growth to ₹229,712.00 lakhs and 54.88% increase in net profit to ₹18,522.00 lakhs. Consolidated revenue reached ₹229,725.00 lakhs with ₹17,636.00 lakhs net profit.
23Jul 25
Force Motors Reports Strong Q1 Performance with 52% Surge in Net Profit
Force Motors announced strong Q1 FY2026 results with net profit rising 52% to ₹1.76 billion and revenue increasing 22% to ₹22.97 billion year-over-year. EBITDA grew to ₹3.32 billion, with the margin expanding to 14.45%. The company attributed the performance to increased vehicle demand and effective cost management strategies.
11Jul 25
Force Motors Wins Legal Battle: Bombay High Court Cancels Reassessment Notices
The Bombay High Court ruled in favor of Force Motors, canceling reassessment notices issued by the Income Tax Department for financial years 2017-18 and 2019-20. The court's decision invalidates these notices and all related proceedings. Force Motors had challenged these notices through Writ Petitions. The company disclosed this development to stock exchanges in compliance with SEBI regulations.
03Jul 25
Force Motors Reports 13% Growth in June Vehicle Sales
Force Motors sold 2,889 vehicles in June, up from 2,553 units in the same month last year, marking a 13% year-over-year increase. This growth suggests rising demand for the company's vehicles and its ability to navigate industry challenges.
09Jun 25
Force Motors Announces CFO Transition: Rishi Luharuka to Succeed Sanjay Kumar Bohra
Force Motors announced the resignation of Sanjay Kumar Bohra from his position as Chief Financial Officer. The company has appointed Rishi Luharuka as the new Group CFO and Key Managerial Person. Luharuka will be responsible for overseeing the company's financial operations, strategy, and reporting, playing a crucial role in decision-making processes and corporate governance.
05Jun 25
Force Motors Reports 19% Surge in May Sales
Force Motors, an Indian automobile manufacturer, announced total sales of 3,088 units in May 2023, representing a 19.00% year-over-year increase from 2,592 units in May 2022. This significant growth indicates a strong rebound in the automotive sector, particularly in the commercial vehicle segment. The sales increase may be attributed to improved economic conditions, increased infrastructure development, and rising demand in logistics and transportation sectors.
04Jun 25
Force Motors Reports 19% Sales Growth in May
Force Motors sold 3,088 units in May, up from 2,592 units in the same month last year, representing a 19.14% year-on-year growth. This significant increase in sales volumes indicates strong demand for the company's vehicles and could potentially lead to improved revenue figures.
05May 25
Force Motors Reports Strong 41.53% Growth in Domestic Sales for April 2025
Force Motors achieved a significant 41.53% year-over-year increase in domestic sales for April 2025, with 3,210 units sold compared to 2,268 units in April 2024. This growth was observed across small commercial vehicles, light commercial vehicles, utility vehicles, and SUV segments. However, exports declined by 87.36%, from 356 units to 45 units. Despite this, overall sales (domestic + export) grew by 24.05%, reaching 3,255 units in April 2025 compared to 2,624 units in the previous year.
28Apr 25
Force Motors Reports Impressive Q4 FY25 Results with 210% Surge in Net Profit
Force Motors announced impressive Q4 FY25 results with net profit soaring 210% to ₹4.35 billion. Revenue increased 17.41% to ₹23.60 billion. An exceptional item of ₹3.95 billion boosted performance. Profit before tax grew 27.62% to ₹2.68 billion. The company recommended a dividend of ₹40 per equity share.
25Apr 25
Force Motors Reports Exceptional Q4 FY24 Performance with 210% Profit Surge and Announces ₹40 Dividend
Force Motors has reported a consolidated net profit of ₹434.70 crore for Q4 FY24, marking a 210% increase year-over-year. Revenue from operations grew by 17.1% to ₹2,356.00 crore. EBITDA rose by 18.2% to ₹329.30 crore, with a slight improvement in EBITDA margin to 14.00%. The company has recommended a dividend of ₹40 per equity share for FY 2023-24.
29Mar 25
Force Motors Secures Major Defence Order: 2,978 Vehicles for Indian Army and Air Force
Force Motors has received an order for 2,978 specialized vehicles from the Indian Army and Air Force. The vehicles are tailored to meet the operational requirements of the defence forces. This order strengthens Force Motors' position in the defence sector and demonstrates the trust of Indian defence forces in the company's manufacturing capabilities. While financial details are undisclosed, the order is expected to positively impact Force Motors' order book and revenue stream.
28Mar 25
Force Motors Secures Landmark Defence Contract for 2,978 Gurkha Vehicles
Force Motors has won a contract to supply 2,978 Force Gurkha light vehicles to the Indian Defence Forces. The order, from the Directorate General of Capb, Devp (CD-13/14), will be delivered over three years. The Force Gurkha, known for its ruggedness and off-road capabilities, is designed for extreme environments. Managing Director Prasan Firodia emphasized the company's commitment to quality and reliability in serving defence needs.
27Mar 25
Mahindra and Force Motors Secure Major Defence Contracts for Light Vehicles
Mahindra and Mahindra Limited (M&M) and Force Motors Limited have been awarded significant contracts by the Indian government for light vehicle supply. The total contract is valued at ₹250.00 billion for 5,000 vehicles. Force Motors will supply 2,978 Force Gurkha light vehicles to the Indian Defence Forces, to be delivered over a maximum period of 3 years. This development is seen as a boost to India's 'Make in India' initiative and the domestic automotive sector.
04Mar 25
Force Motors Roars Ahead: 48.81% Surge in Domestic Sales for February 2025
Force Motors Limited achieved a 48.81% year-over-year growth in domestic sales for February 2025, selling 3,521 units compared to 2,366 units in February 2024. The increase was partly driven by a large order from the Uttar Pradesh Government, with 1,033 vehicles delivered against a 2,429-unit order. While domestic sales soared, exports declined by 16.84%. Overall sales, including exports, reached 3,600 units, marking a 46.28% increase from the previous year. The company has discontinued its Tractor Business as of March 31, 2024.
Force Motors
17,565.00
+942.00
(+5.67%)
1 Year Returns:+153.17%
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