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Sensex
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151.15 (0.69%)
599.34 (0.83%)

Force Motors Ltd.

Automobiles-Trucks/Lcv

Rating :
74/99

BSE: 500033 | NSE: FORCEMOT

NSE BSE
9313.85
19-Apr-2024
  • Open
  • High
  • Low
  • Previous Close
  •  7904.90
  •  9488.00
  •  7893.85
  •  8066.10
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  393324
  •  35142.58
  •  9488.00
  •  1256.30

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 12,280.47
  • 31.14
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 12,545.50
  • 0.11%
  • 5.79

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 61.63%
  • 2.16%
  • 25.16%
  • FII
  • DII
  • Others
  • 6.34%
  • 0.51%
  • 4.20%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 9.54
  • 6.61
  • 36.25

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 13.01
  • 3.42
  • 90.63

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 5.53
  • -1.93
  • -

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 14.44
  • -
  • -

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 1.69
  • 1.19
  • 1.46

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 13.17
  • 14.20
  • 18.74

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 23
Dec 22
Var%
Sep 23
Sep 22
Var%
Jun 23
Jun 22
Var%
Mar 23
Mar 22
Var%
Net Sales
1,691.69
1,303.86
29.74%
1,801.68
1,264.07
42.53%
1,487.55
970.80
53.23%
1,490.25
881.47
69.06%
Expenses
1,467.20
1,238.75
18.44%
1,576.72
1,164.88
35.35%
1,306.95
926.02
41.14%
1,369.52
882.06
55.26%
EBITDA
224.49
65.11
244.79%
224.96
99.19
126.80%
180.60
44.78
303.31%
120.73
-0.59
-
EBIDTM
13.27%
4.99%
12.49%
7.85%
12.14%
4.61%
8.10%
-0.07%
Other Income
3.97
5.15
-22.91%
9.06
12.11
-25.19%
11.47
6.77
69.42%
38.00
8.18
364.55%
Interest
14.11
16.99
-16.95%
15.84
19.63
-19.31%
17.90
13.80
29.71%
17.98
13.40
34.18%
Depreciation
68.28
60.22
13.38%
66.96
60.98
9.81%
63.46
56.84
11.65%
62.70
54.67
14.69%
PBT
146.07
-6.95
-
151.22
30.69
392.73%
110.71
-19.09
-
286.37
-60.48
-
Tax
51.23
-2.48
-
52.88
10.65
396.53%
38.66
-6.62
-
137.13
-20.57
-
PAT
94.84
-4.47
-
98.34
20.04
390.72%
72.05
-12.47
-
149.24
-39.91
-
PATM
5.61%
-0.34%
5.46%
1.59%
4.84%
-1.28%
10.01%
-4.53%
EPS
64.80
-11.83
-
71.22
14.61
387.47%
52.02
-12.60
-
111.22
-32.47
-

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Net Sales
6,471.17
5,028.98
3,240.42
1,988.19
3,080.52
3,652.45
3,422.95
3,069.37
3,025.00
2,364.09
2,021.96
Net Sales Growth
46.40%
55.20%
62.98%
-35.46%
-15.66%
6.70%
11.52%
1.47%
27.96%
16.92%
 
Cost Of Goods Sold
4,816.97
3,920.17
2,619.21
1,493.71
2,222.79
2,780.46
2,557.92
2,202.35
2,172.45
1,641.04
1,416.04
Gross Profit
1,654.20
1,108.81
621.21
494.48
857.73
871.99
865.03
867.02
852.55
723.06
605.92
GP Margin
25.56%
22.05%
19.17%
24.87%
27.84%
23.87%
25.27%
28.25%
28.18%
30.59%
29.97%
Total Expenditure
5,720.39
4,699.17
3,173.29
1,975.09
2,811.64
3,373.67
3,155.16
2,801.27
2,750.67
2,216.72
1,924.92
Power & Fuel Cost
-
53.69
42.50
35.22
47.25
48.86
48.23
44.55
45.71
38.98
37.94
% Of Sales
-
1.07%
1.31%
1.77%
1.53%
1.34%
1.41%
1.45%
1.51%
1.65%
1.88%
Employee Cost
-
422.44
368.08
351.15
406.58
405.36
386.55
350.08
304.31
277.73
240.56
% Of Sales
-
8.40%
11.36%
17.66%
13.20%
11.10%
11.29%
11.41%
10.06%
11.75%
11.90%
Manufacturing Exp.
-
162.81
92.55
74.02
103.90
112.85
114.45
107.15
106.60
102.39
94.33
% Of Sales
-
3.24%
2.86%
3.72%
3.37%
3.09%
3.34%
3.49%
3.52%
4.33%
4.67%
General & Admin Exp.
-
20.47
13.50
15.60
10.63
9.44
12.55
15.53
22.05
17.82
14.13
% Of Sales
-
0.41%
0.42%
0.78%
0.35%
0.26%
0.37%
0.51%
0.73%
0.75%
0.70%
Selling & Distn. Exp.
-
56.67
38.29
23.57
50.00
51.10
48.92
63.74
59.13
79.51
57.43
% Of Sales
-
1.13%
1.18%
1.19%
1.62%
1.40%
1.43%
2.08%
1.95%
3.36%
2.84%
Miscellaneous Exp.
-
121.81
81.94
114.78
106.38
99.47
87.98
90.96
81.96
78.39
57.43
% Of Sales
-
2.42%
2.53%
5.77%
3.45%
2.72%
2.57%
2.96%
2.71%
3.32%
4.00%
EBITDA
750.78
329.81
67.13
13.10
268.88
278.78
267.79
268.10
274.33
147.37
97.04
EBITDA Margin
11.60%
6.56%
2.07%
0.66%
8.73%
7.63%
7.82%
8.73%
9.07%
6.23%
4.80%
Other Income
62.50
62.03
51.88
24.89
42.77
81.62
68.72
84.94
71.44
65.79
59.94
Interest
65.83
68.40
41.04
28.22
27.85
15.33
6.67
5.54
5.30
6.55
9.18
Depreciation
261.40
240.74
190.94
173.67
194.52
150.92
129.26
113.08
91.89
81.28
84.84
PBT
694.37
82.70
-112.97
-163.90
89.28
194.15
200.58
234.42
248.58
125.32
62.96
Tax
279.90
138.68
-38.65
-52.31
-8.26
46.72
53.37
55.19
69.61
23.70
-14.96
Tax Rate
40.31%
47.65%
34.21%
31.92%
-16.45%
24.06%
26.61%
23.45%
28.00%
18.91%
-23.76%
PAT
414.47
133.64
-91.08
-123.63
58.38
147.34
147.21
179.36
178.21
101.62
78.00
PAT before Minority Interest
414.35
133.74
-90.99
-123.54
58.48
147.43
147.21
180.18
178.97
101.62
77.92
Minority Interest
-0.12
-0.10
-0.09
-0.09
-0.10
-0.09
0.00
-0.82
-0.76
0.00
0.08
PAT Margin
6.40%
2.66%
-2.81%
-6.22%
1.90%
4.03%
4.30%
5.84%
5.89%
4.30%
3.86%
PAT Growth
1,225.97%
-
-
-
-60.38%
0.09%
-17.92%
0.65%
75.37%
30.28%
 
EPS
313.99
101.24
-69.00
-93.66
44.23
111.62
111.52
135.88
135.01
76.98
59.09

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Shareholder's Funds
1,875.03
1,747.87
1,837.83
1,965.34
1,933.21
1,801.13
1,667.58
1,489.64
1,318.73
1,227.69
Share Capital
13.18
13.18
13.18
13.18
13.18
13.18
13.18
13.18
13.18
13.18
Total Reserves
1,861.85
1,734.69
1,824.65
1,952.16
1,920.03
1,787.95
1,654.40
1,476.46
1,305.55
1,214.51
Non-Current Liabilities
621.03
534.40
466.57
212.65
247.92
37.26
21.98
98.41
60.52
51.62
Secured Loans
444.97
600.55
493.78
187.50
205.63
0.00
0.00
0.00
0.00
0.00
Unsecured Loans
150.00
0.00
0.00
0.00
0.00
0.00
1.99
2.64
10.73
20.38
Long Term Provisions
28.46
26.91
29.51
30.49
30.83
26.98
25.19
22.27
19.22
20.66
Current Liabilities
1,509.40
1,282.61
873.60
911.12
653.13
682.95
901.34
718.19
639.03
715.37
Trade Payables
744.95
516.91
440.07
580.31
395.30
564.87
485.35
417.24
392.83
299.95
Other Current Liabilities
496.25
427.51
249.85
266.00
185.09
90.99
191.06
274.67
161.69
168.91
Short Term Borrowings
95.00
210.00
30.00
47.22
50.87
0.00
196.47
0.00
0.00
0.00
Short Term Provisions
173.20
128.19
153.68
17.59
21.87
27.09
28.46
26.28
84.51
246.51
Total Liabilities
4,007.55
3,566.87
3,179.90
3,090.92
2,835.98
2,522.97
2,592.44
2,307.70
2,019.66
1,995.97
Net Block
2,087.31
2,027.98
1,218.22
1,394.63
1,210.05
942.44
905.15
785.88
637.56
643.30
Gross Block
4,200.73
3,907.68
2,915.02
2,985.71
2,609.04
2,194.45
2,078.60
1,848.39
1,612.18
1,534.10
Accumulated Depreciation
2,113.42
1,879.70
1,696.80
1,591.08
1,398.99
1,252.01
1,173.45
1,062.51
974.63
890.81
Non Current Assets
2,442.38
2,539.98
2,298.11
2,063.84
1,744.61
1,396.36
1,203.72
1,083.44
977.88
925.94
Capital Work in Progress
153.67
302.15
724.85
445.07
371.80
369.17
220.26
204.60
239.76
205.77
Non Current Investment
97.34
110.77
99.90
83.42
28.92
15.75
15.06
14.06
0.34
0.34
Long Term Loans & Adv.
74.52
94.02
249.84
140.72
133.07
68.19
62.40
78.01
100.22
76.52
Other Non Current Assets
22.86
0.00
0.00
0.00
0.77
0.81
0.85
0.89
0.00
0.00
Current Assets
1,565.17
1,026.89
881.79
1,027.08
1,091.37
1,126.61
1,388.72
1,224.26
1,041.78
1,070.03
Current Investments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Inventories
826.55
637.13
557.82
551.52
503.56
477.10
437.67
547.51
392.55
377.25
Sundry Debtors
196.84
189.38
125.99
168.72
166.52
241.91
115.10
150.40
108.68
135.08
Cash & Bank
141.34
74.81
36.98
68.60
5.22
42.69
235.71
318.62
306.79
219.60
Other Current Assets
400.44
9.52
0.15
7.36
416.07
364.91
600.24
207.73
233.76
338.10
Short Term Loans & Adv.
140.14
116.05
160.85
230.88
408.97
363.51
585.65
192.47
229.45
336.17
Net Current Assets
55.77
-255.72
8.19
115.96
438.24
443.66
487.38
506.07
402.75
354.67
Total Assets
4,007.55
3,566.87
3,179.90
3,090.92
2,835.98
2,522.97
2,592.44
2,307.70
2,019.66
1,995.97

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Cash From Operating Activity
531.74
18.42
7.34
409.19
314.03
256.48
470.64
255.72
226.21
116.21
PBT
272.42
-129.64
-175.85
42.01
190.14
200.58
235.37
248.58
125.32
62.96
Adjustment
454.03
245.59
231.44
212.74
150.56
118.36
96.06
72.55
68.31
80.34
Changes in Working Capital
-191.28
-99.92
-45.50
170.78
20.58
-34.63
199.59
-27.52
65.11
-24.87
Cash after chg. in Working capital
535.17
16.03
10.09
425.53
361.28
284.31
531.02
293.61
258.75
118.43
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-3.43
2.39
-2.75
-16.34
-47.25
-27.83
-60.38
-37.89
-32.53
-2.22
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-256.47
-355.74
-332.63
-327.39
-605.58
-80.59
-620.78
-210.01
-96.23
-99.57
Net Fixed Assets
-144.57
-569.96
-209.09
-449.93
-417.23
-264.76
-245.87
-201.04
-112.07
-107.68
Net Investments
-5.11
-27.48
-28.93
-63.41
-17.34
-0.68
-1.00
-13.72
0.00
-0.05
Others
-106.79
241.70
-94.61
185.95
-171.01
184.85
-373.91
4.75
15.84
8.16
Cash from Financing Activity
-206.85
374.77
293.45
-19.73
256.26
-222.88
180.17
-37.13
-44.56
-30.18
Net Cash Inflow / Outflow
68.42
37.45
-31.84
62.07
-35.29
-46.99
30.03
8.58
85.43
-13.54
Opening Cash & Equivalents
71.97
34.52
66.36
4.29
39.58
86.57
56.54
47.96
214.37
227.91
Closing Cash & Equivalent
140.39
71.97
34.72
66.36
4.29
39.58
86.57
56.54
299.80
214.37

Financial Ratios

Consolidated /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Book Value (Rs.)
1422.63
1326.15
1394.41
1491.15
1466.78
1366.56
1265.24
1130.23
1000.83
931.74
ROA
3.53%
-2.70%
-3.94%
1.97%
5.50%
5.76%
7.36%
8.27%
5.06%
3.96%
ROE
7.38%
-5.08%
-6.50%
3.00%
7.90%
8.49%
11.41%
12.75%
7.98%
6.54%
ROCE
12.07%
-3.35%
-6.21%
3.47%
10.42%
11.30%
14.29%
17.92%
10.23%
5.90%
Fixed Asset Turnover
1.24
0.95
0.67
1.10
1.52
1.65
1.78
2.00
1.68
1.55
Receivable days
14.02
17.76
27.05
19.86
20.41
18.49
13.86
13.70
16.86
19.34
Inventory Days
53.12
67.30
101.83
62.51
49.00
47.38
51.44
49.69
53.23
60.18
Payable days
58.74
66.68
124.67
60.23
49.12
57.34
58.55
51.70
56.46
52.20
Cash Conversion Cycle
8.39
18.38
4.21
22.14
20.29
8.53
6.76
11.68
13.62
27.32
Total Debt/Equity
0.51
0.61
0.35
0.16
0.15
0.00
0.12
0.01
0.01
0.02
Interest Cover
4.98
-2.16
-5.23
2.80
13.66
31.07
43.49
47.90
20.12
7.86

Annual Reports:

FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016
FY 2015
FY 2014

News Update:


  • Force Motors reports 37% rise in March total sales
    6th Apr 2024, 15:33 PM

    The company reported 5.84 % rise in its total production for March 2024 at 3,152 units

    Read More
  • Force Motors exits tractors and connected activity business
    1st Apr 2024, 16:56 PM

    The Board of Directors of the Company at their meeting held on March 29, 2024 decided to close the line of business of the Company

    Read More
  • Force Motors’ SCV & LCV production stands at 2,621 units in February
    6th Mar 2024, 14:30 PM

    The company’s domestic sales for SCV & LCV stood at 2,038 units and sales of UV, SUV & Tractors stood at 328 units

    Read More
  • Force Motors - Quarterly Results
    12th Feb 2024, 14:11 PM

    Read More
  • Force Motors reports 21% rise in January total sales
    6th Feb 2024, 14:40 PM

    The company reported 9.88% rise in its total production for January 2024

    Read More
  • Force Motors planning to invest around Rs 2,000 crore in 3-4 years
    5th Feb 2024, 09:57 AM

    The company, which sells a range of commercial and utility vehicles, is looking to bring electric versions of its vans' ranges step by step going forward

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.