Force Motors

how big is Force Motors?

As of October 2023, Force Motors Ltd has a market capitalization of ₹16,447.47 Cr and reported net sales of ₹8,071.73 Cr and net profit of ₹800.74 Cr over the latest four quarters. Shareholder's funds are ₹2,255.14 Cr, with total assets of ₹4,414.69 Cr as of March 2024.

Market Cap: Force Motors Ltd has a market capitalization of 16,447.47 Cr, categorizing it as a Mid Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes data from Mar'25, Dec'24, Sep'24, and Jun'24, is 8,071.73 Cr. The sum of Net Profit for the same quarters is 800.74 Cr. This data is presented on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending in Mar'24. The Shareholder's Funds are reported at 2,255.14 Cr, while the Total Assets amount to 4,414.69 Cr.

Who are the top shareholders of the Force Motors?

The top shareholders of Force Motors include Jaya Hind Industries Private Limited with 57.38%, followed by 156 Foreign Institutional Investors holding 8.35%, and mutual funds with 0.75%. Individual investors collectively own 22.73%, with Vanaja Sundar Iyer as the highest public shareholder at 1.33%.

The top shareholders of Force Motors include Jaya Hind Industries Private Limited, which holds the largest stake at 57.38%. The company is primarily controlled by its promoters, with no pledged promoter holdings reported. Additionally, there are 156 Foreign Institutional Investors (FIIs) holding 8.35% of the shares, and mutual funds are represented by 6 schemes with a combined holding of 0.75%. The highest public shareholder is Vanaja Sundar Iyer, who owns 1.33%. Individual investors collectively hold 22.73% of the shares.

Has Force Motors declared dividend?

Yes, Force Motors Ltd has declared a 200% dividend, amounting to ₹20 per share, with an ex-date of August 28, 2024. The company has shown strong price appreciation over various periods, with total returns reaching up to 1265.45% over five years.

Force Motors Ltd has declared a 200% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 200%<BR>- Amount per share: 20<BR>- Ex-date: 28 Aug 2024<BR><BR>Dividend Yield: 0.16%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 82.25%, with no dividend return, resulting in a total return of 82.25%.<BR><BR>Over the past year, the price return was 48.69%, with a dividend return of 0.22%, leading to a total return of 48.91%.<BR><BR>In two years, the price return reached 493.46%, with a dividend return of 0.91%, culminating in a total return of 494.37%.<BR><BR>For the three-year period, the price return was 1090.02%, while the dividend return was 3.22%, resulting in a total return of 1093.24%.<BR><BR>In four years, the price return was 953.07%, with a dividend return of 2.85%, yielding a total return of 955.92%.<BR><BR>Over five years, the price return was 1260.8%, with a dividend return of 4.65%, leading to a total return of 1265.45%.<BR><BR>Overall, Force Motors has declared a significant dividend, and the total returns across various periods indicate strong price appreciation, particularly over the longer term, suggesting a positive performance trajectory for the company.

Who are the peers of the Force Motors?

Peers of Force Motors include Maruti Suzuki, M & M, Tata Motors, Bajaj Auto, Hyundai Motor I, Action Const.Eq., Ather Energy, Olectra Greentec, and Ajax Engineering. Force Motors has an average management risk and a 1-year return of 35.33%, outperforming Tata Motors, which has the lowest return at -25.62%.

Peers: The peers of Force Motors are Maruti Suzuki, M & M, Tata Motors, Bajaj Auto, Hyundai Motor I, Action Const.Eq., Ather Energy, Olectra Greentec, Ajax Engineering.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bajaj Auto, Hyundai Motor I, and Ajax Engineering, while Good management risk is found at Maruti Suzuki, M & M, Tata Motors, and Action Const.Eq. Average management risk is present at Force Motors, Olectra Greentec, and Ather Energy, while Below Average management risk is noted at Ather Energy. In terms of growth, Excellent growth is seen at Maruti Suzuki, M & M, Tata Motors, Bajaj Auto, Hyundai Motor I, Force Motors, Action Const.Eq., and Olectra Greentec, while Average growth is found at Ather Energy. Capital Structure ratings show Excellent at Bajaj Auto, Hyundai Motor I, and Action Const.Eq., Good at Olectra Greentec, Average at Tata Motors and Force Motors, and Below Average at M & M and Ather Energy.<BR><BR>Return Snapshot: The peer with the highest 1-year return is M & M at 15.64%, while Tata Motors has the lowest at -25.62%. Force Motors has a 1-year return of 35.33%, which is significantly higher than both. Additionally, Olectra Greentec and Ajax Engineering have negative six-month returns.

Who are in the management team of Force Motors?

As of March 2022, the management team of Force Motors includes Abhay Firodia (Chairman & Managing Director), Prasan Firodia (Managing Director), and several independent directors, totaling 14 members with a mix of executive and independent roles.

As of March 2022, the management team of Force Motors includes the following individuals:<BR><BR>1. Abhay Firodia - Chairman & Managing Director<BR>2. Prasan Firodia - Managing Director<BR>3. Pratap Pawar - Independent Director<BR>4. S Padmanabhan - Independent Director<BR>5. Arun Sheth - Independent Director<BR>6. Nitin Desai - Independent Director<BR>7. Indira Parikh - Independent Director<BR>8. Prashant V Inamdar - Director (Operation)<BR>9. Arvind R Mahajan - Independent Director<BR>10. D B Shekatkar - Independent Director<BR>11. Vallabh Bhanshali - Additional Independent Director<BR>12. Mukesh Patel - Additional Independent Director<BR>13. Sonia Prashar - Additional Director<BR>14. Nikhil Deshpande - Company Secretary & Compliance Officer<BR><BR>This team comprises a mix of executive and independent directors, reflecting a diverse governance structure within the company.

What does Force Motors do?

Force Motors Ltd is a large-cap automobile company in India, primarily producing vehicles. As of March 2025, it reported net sales of ₹23,560 Cr and a net profit of ₹4,347 Cr, with a market cap of ₹22,257 Cr.

Overview:<BR>Force Motors Ltd is a large-cap company operating in the automobiles industry, primarily engaged in the production of vehicles.<BR><BR>History:<BR>Force Motors Ltd was incorporated on September 8, 1958, originally under the name 'Baja Tempo Limited', which was changed to its current name on March 03, 2005. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 23,560 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 4,347 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: INR 22,257 Cr (Large Cap)<BR><BR>Key Metrics:<BR>- P/E: 41.00<BR>- Industry P/E: 28<BR>- Dividend Yield: 0.12%<BR>- Debt Equity: -0.16<BR>- Return on Equity: 17.93%<BR>- Price to Book: 7.28<BR><BR>Contact Details:<BR>Address: Mumbai-Pune Road, Akurdi Pune Maharashtra : 411035<BR>Tel: 91-20-27476381<BR>Email: compliance-officer@forcemotors.com<BR>Website: http://www.forcemotors.com

How has been the historical performance of Force Motors?

Force Motors has shown significant growth from March 2022 to March 2025, with net sales increasing from ₹3,240.42 crore to ₹8,071.73 crore, and a turnaround in profitability from losses to a profit after tax of ₹800.34 crore. The company's operating profit also rose substantially, indicating strong operational performance and enhanced shareholder value.

Answer:<BR>The historical performance of Force Motors shows a significant upward trend in net sales and profitability over the past few years, culminating in the fiscal year ending March 2025.<BR><BR>Breakdown:<BR>Force Motors has demonstrated robust growth in net sales, increasing from 3,240.42 crore in March 2022 to 8,071.73 crore in March 2025. This growth is reflected in the total operating income, which also rose from 3,240.42 crore in March 2022 to 8,071.73 crore in March 2025. The company has managed to improve its operating profit (PBDIT) significantly, from 67.13 crore in March 2022 to 1,149.28 crore in March 2025, indicating a strong operational performance. Profit before tax has turned around from a loss of 112.97 crore in March 2022 to a profit of 1,237.74 crore in March 2025, while profit after tax has similarly improved from a loss of 74.32 crore in March 2022 to a profit of 800.34 crore in March 2025. The earnings per share (EPS) have also surged from -69.04 in March 2022 to 607.54 in March 2025, showcasing enhanced shareholder value. On the balance sheet, total assets increased from 3,566.87 crore in March 2022 to 5,133.98 crore in March 2025, while total liabilities rose from 3,566.87 crore to 5,133.98 crore during the same period. The cash flow from operating activities has remained positive, with a notable cash flow of 971 crore in March 2025, contributing to a closing cash and cash equivalent of 506 crore. Overall, Force Motors has shown a strong recovery and growth trajectory in its financial performance over the years.

Is Force Motors overvalued or undervalued?

As of November 17, 2025, Force Motors is considered undervalued with a PE ratio of 28.27 and strong growth potential, outperforming peers and the Sensex with a year-to-date increase of 170.08%.

As of 17 November 2025, the valuation grade for Force Motors has moved from expensive to attractive, indicating a significant shift in its market perception. The company is currently considered undervalued, with a PE ratio of 28.27, an EV to EBITDA of 18.07, and a PEG ratio of 0.39, which suggests strong growth potential relative to its price. <BR><BR>In comparison with peers, Ashok Leyland has a PE ratio of 25.85 and an EV to EBITDA of 13.29, while SML Mahindra is at 29.17 for PE and 17.01 for EV to EBITDA, highlighting that Force Motors offers a more favorable valuation despite its higher PE ratio. Notably, Force Motors has demonstrated impressive returns, with a year-to-date increase of 170.08%, significantly outperforming the Sensex's 8.72% during the same period.

Is Force Motors technically bullish or bearish?

As of December 2, 2025, the trend is mildly bullish due to daily moving averages indicating momentum, but mixed signals from weekly indicators and a lack of clarity in Dow Theory suggest caution.

As of 2 December 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the daily moving averages indicating bullish momentum, while the weekly MACD and KST show mildly bearish signals. The monthly MACD and Bollinger Bands remain bullish, suggesting potential for upward movement. However, the overall strength is tempered by the mixed signals from the weekly indicators and the lack of a clear trend in Dow Theory on a monthly basis.

When is the next results date for Force Motors Ltd?

The next results date for Force Motors Ltd is April 29, 2026.

The next results date for Force Motors Ltd is scheduled for April 29, 2026.

Are Force Motors Ltd latest results good or bad?

Force Motors Ltd's latest results show strong revenue growth, achieving a record ₹2,549.84 crores, but net profit declined by 35.93% year-on-year due to a higher tax rate, raising concerns about profitability sustainability. Investors should closely monitor these trends.

Force Motors Ltd's latest results present a mixed picture. On one hand, the company achieved its highest-ever quarterly revenue of ₹2,549.84 crores for the March 2026 quarter, reflecting an 8.23% year-on-year growth and a significant 19.79% increase compared to the previous quarter. This indicates strong demand for its products, particularly in the light commercial vehicle segment.<BR><BR>However, the bottom line shows a concerning trend. The consolidated net profit for the same quarter declined by 35.93% year-on-year to ₹278.52 crores, primarily due to a normalization of the tax rate, which rose to 26.35% from an exceptionally low negative tax rate in the previous quarter. Additionally, the profit also fell 31.42% compared to the previous quarter, raising questions about the sustainability of profit growth.<BR><BR>Operating margins improved year-on-year, reaching 16.25%, but contracted sequentially, indicating some pressure on pricing or cost management. The profit after tax margin also compressed significantly from the previous year, reflecting the impact of the increased tax rate.<BR><BR>Overall, while the revenue growth is a positive sign, the substantial decline in profit raises concerns about the company's profitability and margin sustainability in the near term. Investors may want to monitor these trends closely as they assess the company's future performance.

Should I buy, sell or hold Force Motors Ltd?

Why is Force Motors Ltd falling/rising?

As of 08-May, Force Motors Ltd's stock price is rising to 20,878.00, reflecting a 0.92% increase. This growth is driven by strong recent performance, impressive long-term returns, and solid financial health, despite a slight decline in investor participation.

As of 08-May, Force Motors Ltd's stock price is rising, currently at 20,878.00, reflecting a change of 190.45 (0.92%) upward. This increase can be attributed to several factors. The stock has shown a strong performance over the last three days, gaining a total of 10.1% during this period. Additionally, it has outperformed its sector by 1.82% today. <BR><BR>In terms of longer-term performance, the stock has delivered impressive returns, with a 1-year increase of 115.06%, significantly surpassing the market's average return of 5.38%. The company's financial health is also robust, as evidenced by a healthy annual growth rate in net sales of 35.49% and an operating profit growth of 56.05%. Furthermore, the company has consistently declared positive results for the last 15 quarters, contributing to investor confidence.<BR><BR>Despite a slight decline in investor participation, as indicated by a 16.16% drop in delivery volume compared to the 5-day average, the stock remains liquid enough for trading. The stock's performance is supported by strong fundamentals, including a return on equity (ROE) of 25.1 and a favorable price-to-earnings growth (PEG) ratio of 0.3, indicating fair valuation relative to its peers.<BR><BR>Overall, the combination of recent gains, strong financial results, and market-beating performance contributes to the upward movement of Force Motors Ltd's stock price.

Which are the latest news on Force Motors?