FORCEMOT - Force Motors Limited Share Price

Automobiles

₹18136.00+41.00(+0.23%)

Market Open as of Aug 8, 2025, 09:27 IST

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Valuation
Market Cap	23.55 kCr
Price/Earnings (Trailing)	27.34
Price/Sales (Trailing)	2.75
EV/EBITDA	14.09
Price/Free Cashflow	38.95
MarketCap/EBT	17.59
Enterprise Value	23.06 kCr

Fundamentals
Revenue (TTM)	8.55 kCr
Rev. Growth (Yr)	22.2%
Earnings (TTM)	861.49 Cr
Earnings Growth (Yr)	52.4%

Profitability
Operating Margin	11%
EBT Margin	16%
Return on Equity	28.38%
Return on Assets	16.78%
Free Cashflow Yield	2.57%

Price to Sales Ratio

Latest reported: 3

Revenue (Last 12 mths)

Latest reported: 9 kCr

Net Income (Last 12 mths)

Latest reported: 861 Cr

Growth & Returns
Price Change 1W	7.5%
Price Change 1M	28.7%
Price Change 6M	173.6%
Price Change 1Y	117.5%
3Y Cumulative Return	159.9%
5Y Cumulative Return	81.5%

Cash Flow & Liquidity
Cash Flow from Investing (TTM)	-351.23 Cr
Cash Flow from Operations (TTM)	971.47 Cr
Cash Flow from Financing (TTM)	-561.84 Cr
Cash & Equivalents	506.55 Cr
Free Cash Flow (TTM)	604.57 Cr
Free Cash Flow/Share (TTM)	458.83

Balance Sheet
Total Assets	5.13 kCr
Total Liabilities	2.1 kCr
Shareholder Equity	3.04 kCr
Current Assets	2.58 kCr
Current Liabilities	1.73 kCr
Net PPE	1.52 kCr
Inventory	1.18 kCr
Goodwill	1 L

Capital Structure & Leverage
Debt Ratio	0.00
Debt/Equity	0.01
Interest Coverage	78.02
Interest/Cashflow Ops	58.35

Dividend & Shareholder Returns
Dividend/Share (TTM)	30
Dividend Yield	0.12%
Shares Dilution (1Y)	0.00%
Shares Dilution (3Y)	0.00%

Risk & Volatility
Max Drawdown	-30.6%
Drawdown Prob. (30d, 5Y)	34.62%
Risk Level (5Y)	45.8%

Pros

Profitability: Recent profitability of 10% is a good sign.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Balance Sheet: Strong Balance Sheet.

Past Returns: Outperforming stock! In past three years, the stock has provided 159.9% return compared to 14.6% by NIFTY 50.

Size: Market Cap wise it is among the top 20% companies of india.

Momentum: Stock price has a strong positive momentum. Stock is up 28.7% in last 30 days.

Growth: Good revenue growth. With 136.9% growth over past three years, the company is going strong.

Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.

Cons

No major cons observed.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Investor Care
Dividend Yield	0.12%
Dividend/Share (TTM)	30
Shares Dilution (1Y)	0.00%
Earnings/Share (TTM)	653.72

Financial Health
Current Ratio	1.5
Debt/Equity	0.01

Technical Indicators
RSI (14d)	70.56
RSI (5d)	63.78
RSI (21d)	66.24
MACD Signal	Buy
Stochastic Oscillator Signal	Sell
Grufity Signal	Buy
RSI Signal	Sell
RSI5 Signal	Hold
RSI21 Signal	Hold
SMA 5 Signal	Buy
SMA 10 Signal	Buy
SMA 20 Signal	Buy
SMA 50 Signal	Buy
SMA 100 Signal	Buy

Summary of Latest Earnings Report from Force Motors

Summary of Force Motors's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Earnings Outlook

Last updated:

Q&A Session

Last updated:

Share Holdings

Understand Force Motors ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

Shareholder Name	Holding %
Jaya Hind Industries Private Limited	57.38%
Abhaykumar Navalmal Firodia	2.01%
Prasan Abhaykumar Firodia	1.68%
Vanaja Sundar Iyer	1.33%
Manohar Devabhaktuni	1.2%
Indira Abhaykumar Firodia	0.49%
Kamala Bansilal Bhandari	0.06%
Shyamala Navalakha	0.02%
Sunanda Sudhir Mehta	0.01%
Harsha Jain	0%
Shribala Chordia	0%
Sejal Prasan Firodia	0%
Ameya Prasan Firodia	0%
Anant Prasan Firodia	0%
Tempo Finance (West) Pvt. Ltd.	0%
Force MTU Power Systems Pvt. Ltd.	0%
Jaya Hind Montupet Pvt. Ltd.	0%
Perform Engineering Solutions Pvt. Ltd.	0%
Pinnacle Industries Limited	0%
Aicon Intalia Realty Pvt. Ltd.	0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Is Force Motors Better than it's peers?

Detailed comparison of Force Motors against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
M&M	Mahindra & Mahindra	4.04 LCr	1.61 LCr	+1.00%	+15.50%	28.01	2.5	-	-
MARUTI	Maruti Suzuki India	3.9 LCr	1.58 LCr	-2.80%	-0.80%	26.9	2.47	-	-
TATAMOTORS	Tata Motors	2.53 LCr	4.49 LCr	+1.90%	-37.00%	11.01	0.56	-	-
EICHERMOT	Eicher Motors	1.49 LCr	20.18 kCr	-2.60%	+10.90%	31.45	7.38	-	-
ASHOKLEY	Ashok Leyland	71.62 kCr	48.89 kCr	-0.20%	+4.90%	23.07	1.46	-	-

Sector Comparison: FORCEMOT vs Automobiles

Comprehensive comparison against sector averages

Comparative Metrics

FORCEMOT metrics compared to Automobiles

Category	FORCEMOT	Automobiles
PE	27.34	24.44
PS	2.75	1.78
Growth	15.1 %	4.3 %

Performance Comparison

FORCEMOT vs Automobiles (2021 - 2025)

Key Insights

1. FORCEMOT is among the Top 10 Automobiles companies but not in Top 5.
2. The company holds a market share of 0.9% in Automobiles.
3. In last one year, the company has had an above average growth that other Automobiles companies.

Income Statement for Force Motors

Consolidated figures (in Rs. Crores) / View Standalone Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Revenue From Operations	15.4%	8,072	6,992	5,029	3,240	1,988	3,081
Other Income	47.4%	57	39	62	52	25	43
Total Income	15.6%	8,128	7,031	5,091	3,292	2,013	3,123
Cost of Materials	13.9%	5,959	5,232	3,928	2,581	1,520	2,140
Employee Expense	11.1%	592	533	422	368	351	407
Finance costs	-59%	26	62	68	41	28	28
Depreciation and Amortization	4.9%	280	267	241	191	174	195
Other expenses	3.3%	440	426	357	186	130	182
Total Expenses	13.6%	7,285	6,412	5,008	3,405	2,177	3,034
Profit Before exceptional items and Tax	36.2%	843	619	83	-112.97	-163.9	89
Exceptional items before tax	-	395	0	208	0	0	-39.06
Total profit before tax	100.2%	1,238	619	291	-112.97	-163.9	50
Current tax	286%	441	115	52	0.09	0.1	9.05
Deferred tax	-105%	-4.07	102	86	-38.74	-52.41	-17.31
Total tax	101.9%	437	217	139	-38.65	-52.31	-8.26
Total profit (loss) for period	106.7%	801	388	134	-90.99	-123.54	50
Other comp. income net of taxes	-31%	3.9	5.2	6.69	7.71	9.82	-1.47
Total Comprehensive Income	105.1%	805	393	140	-83.28	-113.72	49
Earnings Per Share, Basic	106.7%	607.71	294.54	101.43	-69.13	-93.83	38.08
Earnings Per Share, Diluted	106.7%	607.71	294.54	101.43	-69.13	-93.83	38.08

Description	(%) Q/Q	Jun-2025	Mar-2025	Dec-2024	Sep-2024	Jun-2024	Mar-2024
Revenue From Operations	-2.5%	2,297	2,356	1,889	1,941	1,885	2,011
Other Income	41.2%	25	18	15	8.57	15	15
Total Income	-2.2%	2,322	2,374	1,904	1,950	1,900	2,026
Cost of Materials	4.7%	1,707	1,631	1,506	1,399	1,424	1,460
Employee Expense	-13.6%	166	192	131	130	139	160
Finance costs	-113.9%	0.13	7.26	4.12	5.43	9.06	14
Depreciation and Amortization	-2.8%	70	72	71	69	69	68
Other expenses	-3.4%	114	118	109	102	111	122
Total Expenses	-3.3%	2,036	2,106	1,732	1,733	1,714	1,815
Profit Before exceptional items and Tax	7.1%	287	268	172	217	186	211
Exceptional items before tax	-100.3%	0	395	0	0	0	0
Total profit before tax	-56.8%	287	663	172	217	186	211
Current tax	-56%	103	233	64	77	69	44
Deferred tax	-376.6%	-2.05	0.36	-1.93	-0.08	-2.42	30
Total tax	-56.9%	101	233	62	76	66	74
Total profit (loss) for period	-59.7%	176	435	115	135	116	140
Other comp. income net of taxes	137.1%	2.12	-2.02	3.8	-0.78	2.9	2.46
Total Comprehensive Income	-59%	178	433	119	134	119	143
Earnings Per Share, Basic	-59.6%	133.82	329.92	87.52	102.46	87.81	106.45
Earnings Per Share, Diluted	-59.6%	133.82	329.92	87.52	102.46	87.81	106.45

Standalone figures (in Rs. Crores) / View Consolidated Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Revenue From Operations	15.4%	8,071	6,992	5,029	3,240	-	-
Other Income	47.4%	57	39	62	52	-	-
Total Income	15.6%	8,128	7,031	5,091	3,292	-	-
Cost of Materials	13.9%	5,959	5,232	3,928	2,581	-	-
Employee Expense	11.1%	592	533	422	368	-	-
Finance costs	-59%	26	62	68	41	-	-
Depreciation and Amortization	4.9%	280	267	241	191	-	-
Other expenses	3.3%	440	426	357	186	-	-
Total Expenses	13.6%	7,285	6,412	5,008	3,405	-	-
Profit Before exceptional items and Tax	36.5%	843	618	82	-113.35	-	-
Exceptional items before tax	-	395	0	208	0	-	-
Total profit before tax	100.3%	1,237	618	291	-113.35	-	-
Current tax	286%	441	115	52	0	-	-
Deferred tax	-105%	-4.07	102	86	-38.75	-	-
Total tax	101.9%	437	217	139	-38.75	-	-
Total profit (loss) for period	99.3%	800	402	152	-74.6	-	-
Other comp. income net of taxes	-31.2%	3.87	5.17	6.64	7.65	-	-
Total Comprehensive Income	97.8%	804	407	159	-66.95	-	-
Earnings Per Share, Basic	99.5%	607.13	304.86	115.4	-56.62	-	-
Earnings Per Share, Diluted	99.5%	607.13	304.86	115.4	-56.62	-	-

Description	(%) Q/Q	Jun-2025	Mar-2025	Dec-2024	Sep-2024	Jun-2024	Mar-2024
Revenue From Operations	-2.5%	2,297	2,356	1,889	1,941	1,885	2,011
Other Income	41.2%	25	18	15	8.57	15	15
Total Income	-2.2%	2,322	2,374	1,904	1,950	1,900	2,026
Cost of Materials	4.7%	1,707	1,631	1,506	1,399	1,424	1,460
Employee Expense	-13.6%	166	192	131	130	139	160
Finance costs	-113.9%	0.13	7.26	4.12	5.43	9.06	14
Depreciation and Amortization	-2.8%	70	72	71	69	69	68
Other expenses	-3.4%	114	118	109	102	111	122
Total Expenses	-3.3%	2,036	2,106	1,732	1,733	1,714	1,815
Profit Before exceptional items and Tax	7.1%	287	268	172	217	186	211
Exceptional items before tax	-100.3%	0	395	0	0	0	0
Total profit before tax	-56.8%	287	663	172	217	186	211
Current tax	-56%	103	233	64	76	68	44
Deferred tax	-376.6%	-2.05	0.36	-1.93	-0.08	-2.42	30
Total tax	-56.9%	101	233	62	76	66	74
Total profit (loss) for period	-57.1%	185	430	110	141	120	137
Other comp. income net of taxes	136.6%	2.11	-2.03	3.79	-0.78	2.89	2.47
Total Comprehensive Income	-56.4%	187	428	114	140	122	139
Earnings Per Share, Basic	-57.1%	140.57	326.07	83.53	106.77	90.76	103.76
Earnings Per Share, Diluted	-57.1%	140.57	326.07	83.53	106.77	90.76	103.76

Balance Sheet for Force Motors

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022
Cash and cash equivalents	81.4%	507	280	448	97	140	81
Loans, current	-123.5%	0.24	0.66	0.02	0.95	0.38	1.09
Total current financial assets	121.2%	1,264	572	755	869	595	326
Inventories	2%	1,184	1,161	1,163	921	827	722
Current tax assets	-	9.52	0	5.68	1.69	0	9.79
Total current assets	41.3%	2,580	1,826	2,046	1,907	1,565	1,332
Property, plant and equipment	-0.4%	1,524	1,530	1,571	1,578	1,604	1,582
Capital work-in-progress	58.6%	93	59	26	41	39	143
Investment property	-3.2%	6.51	6.69	6.86	6.5	6.68	4.93
Goodwill	0%	0.01	0.01	0.01	0.01	0.01	0.01
Non-current investments	14.6%	103	90	91	92	97	110
Loans, non-current	-	115	0	14	0	0	0.03
Total non-current financial assets	106.7%	218	106	105	112	116	128
Total non-current assets	6.6%	2,554	2,396	2,369	2,406	2,448	2,624
Total assets	21.6%	5,134	4,222	4,415	4,313	4,013	3,956
Borrowings, non-current	-99.8%	1.34	164	382	342	595	523
Total non-current financial liabilities	-98.8%	3.04	165	383	344	597	524
Provisions, non-current	14.3%	41	36	33	31	28	26
Total non-current liabilities	-2.1%	373	381	521	418	627	551
Borrowings, current	-76.9%	16	66	143	385	360	468
Total current financial liabilities	23.5%	825	668	1,032	1,192	1,141	1,129
Provisions, current	21.1%	231	191	192	181	135	156
Current tax liabilities	-	0	1	0	0	38	0
Total current liabilities	27.1%	1,725	1,357	1,636	1,867	1,509	1,658
Total liabilities	20.7%	2,098	1,738	2,157	2,285	2,136	2,209
Equity share capital	0%	13	13	13	13	13	13
Non controlling interest	4.7%	2.33	2.27	2.21	2.14	2.09	2.04
Total equity	22.2%	3,036	2,484	2,257	2,028	1,877	1,747
Total equity and liabilities	21.6%	5,134	4,222	4,415	4,313	4,013	3,956

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022
Cash and cash equivalents	82.8%	500	274	442	94	137	78
Loans, current	-123.5%	0.24	0.66	0.02	0.95	0.38	1.09
Total current financial assets	122.7%	1,257	565	749	862	588	320
Inventories	2%	1,184	1,161	1,163	921	827	722
Current tax assets	-	9.52	0	5.68	1.69	0	9.79
Total current assets	41.4%	2,573	1,820	2,039	1,900	1,559	1,326
Property, plant and equipment	-0.4%	1,524	1,530	1,571	1,578	1,604	1,582
Capital work-in-progress	58.6%	93	59	26	41	39	143
Investment property	-3.2%	6.51	6.69	6.86	6.5	6.68	4.93
Non-current investments	1.7%	178	175	166	161	159	158
Loans, non-current	-	0	0	0	0	0	0.03
Total non-current financial assets	53.2%	292	191	180	181	178	176
Total non-current assets	5.9%	2,628	2,481	2,444	2,476	2,510	2,671
Total assets	21%	5,202	4,300	4,483	4,376	4,069	3,998
Borrowings, non-current	-99.8%	1.34	164	382	342	595	523
Total non-current financial liabilities	-98.8%	3.04	165	383	344	597	524
Provisions, non-current	14.3%	41	36	33	31	28	26
Total non-current liabilities	-2.1%	373	381	521	418	627	551
Borrowings, current	-76.9%	16	66	143	385	360	468
Total current financial liabilities	23.5%	825	668	1,032	1,192	1,141	1,129
Provisions, current	21.1%	231	191	192	181	135	156
Current tax liabilities	-	0	1	0	0	38	0
Total current liabilities	27.1%	1,725	1,357	1,636	1,867	1,509	1,658
Total liabilities	20.7%	2,098	1,738	2,157	2,285	2,136	2,209
Equity share capital	0%	13	13	13	13	13	13
Total equity	21.2%	3,104	2,562	2,326	2,091	1,932	1,789
Total equity and liabilities	21%	5,202	4,300	4,483	4,376	4,069	3,998

Cash Flow for Force Motors

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Finance costs	-59%	26	62	68	41	-	-
Change in inventories	89.9%	-33.17	-336.75	-197.07	-79.69	-	-
Depreciation	4.9%	280	267	241	191	-	-
Unrealised forex losses/gains	-41.4%	0.59	0.71	12	-2.5	-	-
Dividend income	9.7%	0.35	0.28	0.17	0.07	-	-
Adjustments for interest income	247%	23	7.34	0.75	0.14	-	-
Net Cashflows from Operations	2.1%	1,191	1,166	535	16	-	-
Income taxes paid (refund)	45%	220	152	3.43	-2.39	-	-
Net Cashflows From Operating Activities	-4.2%	971	1,014	532	18	-	-
Proceeds from sales of PPE	-66.1%	1.85	3.51	2.01	66	-	-
Purchase of property, plant and equipment	76.8%	367	208	260	407	-	-
Purchase of other long-term assets	-	2.69	0	0	0	-	-
Dividends received	9.7%	0.35	0.28	0.17	0.07	-	-
Interest received	146.3%	16	7.09	0.87	0.09	-	-
Net Cashflows From Investing Activities	-77.4%	-351.23	-197.5	-256.47	-363.56	-	-
Proceeds from borrowings	-	0	0	0	429	-	-
Repayments of borrowings	17.9%	508	431	121	0	-	-
Dividends paid	108.3%	26	13	13	6.59	-	-
Interest paid	-57.8%	28	65	72	40	-	-
Net Cashflows from Financing Activities	-10.3%	-561.84	-509.19	-206.85	383	-	-
Effect of exchange rate on cash eq.	-1%	0	0.01	-0.02	0.63	-	-
Net change in cash and cash eq.	-81.4%	58	308	68	38	-	-

Standalone figures (in Rs. Crores) / View Consolidated Data

Finance costs	-59%
Change in inventories	89.9%
Depreciation	4.9%
Unrealised forex losses/gains	-41.4%
Dividend income	9.7%
Adjustments for interest income	247%
Net Cashflows from Operations	2.4%
Income taxes paid (refund)	45%
Net Cashflows From Operating Activities	-4%
Proceeds from sales of PPE	-66.1%
Purchase of property, plant and equipment	76.8%
Purchase of other long-term assets	-
Dividends received	9.7%
Interest received	146.3%
Net Cashflows From Investing Activities	-77.4%
Proceeds from borrowings	-
Repayments of borrowings	17.9%
Dividends paid	108.3%
Interest paid	-57.8%
Net Cashflows from Financing Activities	-10.3%
Effect of exchange rate on cash eq.	-1%
Net change in cash and cash eq.	-81.2%

What does Force Motors Limited do?

Passenger Cars & Utility Vehicles•Automobile and AutoComponents•Small Cap

Force Motors Limited, an integrated automobile company, designs, develops, manufactures, and sells a range of automotive components, aggregates, and vehicles in India. The company provides passenger vehicles, ambulances, school buses, and delivery van; small commercial, light commercial, and multi utility vehicles; special utility vehicles, which include off-roaders / recreation vehicles and military vehicles; and agricultural tractors. It also exports its products to various countries in the Middle East, Asia, Latin America, and Africa. The company was incorporated in 1958 and is based in Pune, India. Force Motors Limited operates as a subsidiary of Jaya Hind Industries Pvt. Ltd.

Industry Group:Automobiles

Employees:4,473

Website:www.forcemotors.com

FORCEMOT - Force Motors Limited Share Price

Valuation

Fundamentals

Profitability

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Growth & Returns

Cash Flow & Liquidity

Balance Sheet

Capital Structure & Leverage

Dividend & Shareholder Returns

Risk & Volatility

Investor Care

Financial Health

Technical Indicators

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

What does Force Motors Limited do?