FORCE MOTORS LIMITED
Latest filings
- Second A EGM approves removal of share transfer restrictions · Board & Shareholder Meetings
- Removal of transfer restrictions on 27,600 A shares approved · Compliance
- Q2 revenue rises 40.5%, but net profit falls on tax comparison · Results
Snapshot
What the business is, and whether it's a good one at a fair price.
Manufactures and sells motor vehicles across four domestic categories — small commercial vehicles (SCV), light commercial vehicles (LCV), utility vehicles (UV) and sport utility vehicles (SUV). In June 2026 it sold 3,568 units in total, of which 3,547 were domestic (up 26.6% year-on-year) and 21 were exports (down 76.1% year-on-year). Standalone revenue for the quarter ended 30 June 2026 was Rs 2,439.89 cr, against Rs 2,297.12 cr a year earlier, with standalone net profit of Rs 212.07 cr. For FY26 the company reported revenue of Rs 9,057.05 cr and net profit of Rs 1,211.75 cr, with an EBITDA margin of about 19.93%. Materials are the dominant cost item at 71.0% of revenue, followed by employees at 7.6% and depreciation at 3.2%, with capex running at 6.0% of revenue. In April 2026 the board completed the acquisition of Veera Tanneries as a wholly owned subsidiary, and the same board meeting widened the Object Clause of the Memorandum of Association to add power generation for captive use or sale to outside customers.
Scorecard
Measured from the filed financials, judged against its Automobiles peers · as of FY26 — not investment advice
Strengths
Concerns
Nothing flagged in the filed numbers.Charts
How has the market priced it — with filings on the timeline?
FORCEMOT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Peers
How does it stack up on valuation, returns and growth?
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Financials
Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Ownership
Who owns it — and is the promoter stake clean?
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Common questions
Answered from FORCE MOTORS LIMITED's filed financials and exchange disclosures
What does FORCE MOTORS LIMITED do?
FORCE MOTORS LIMITED is a Automobiles company listed on NSE and BSE, trading under the symbol FORCEMOT.
Is FORCE MOTORS LIMITED profitable?
Yes. Over the trailing twelve months FORCE MOTORS LIMITED reported a net profit of ₹1,252 Cr on revenue of ₹9,200 Cr.
Does FORCE MOTORS LIMITED pay a dividend?
Yes. The dividend yield is 0.23% at the current price. It paid out 4% of its profit as dividend in FY26.
Is FORCE MOTORS LIMITED debt-free?
Yes. It reported no borrowings on its 31 Mar 2026 balance sheet, and ₹830 Cr of cash.
Is FORCE MOTORS LIMITED expensive compared with its peers?
On trailing P/E, FORCE MOTORS LIMITED ranks 5 of 16 in Automobiles — cheaper than 73% of them, against an industry median of 28.0×. This is a position, not a valuation judgement.
How much does the FORCE MOTORS LIMITED share price move in a day?
On a typical session FORCE MOTORS LIMITED moves 1.61% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.
Where can I track FORCE MOTORS LIMITED's announcements?
Every NSE and BSE filing by FORCE MOTORS LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.