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Nifty
Sensex
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492.75 (0.74%)

Force Motors Ltd.

Automobiles-Trucks/Lcv

Rating :
66/99

BSE: 500033 | NSE: FORCEMOT

NSE BSE
4087.55
01-Dec-2023
  • Open
  • High
  • Low
  • Previous Close
  •  4165.00
  •  4194.00
  •  4070.00
  •  4157.75
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  2226
  •  871.91
  •  4468.00
  •  1085.20

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 5,385.86
  • 18.35
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 5,650.89
  • 0.24%
  • 2.66

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 61.63%
  • 1.36%
  • 26.65%
  • FII
  • DII
  • Others
  • 4.94%
  • 0.94%
  • 4.48%

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
  • 1.66
  • 1.02
  • 1.15

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 13.42
  • 13.94
  • 19.29

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Sep 23
Sep 22
Var%
Jun 23
Jun 22
Var%
Mar 23
Mar 22
Var%
Dec 22
Dec 21
Var%
Net Sales
1,801.68
1,264.07
42.53%
1,487.55
970.80
53.23%
1,490.25
881.47
69.06%
1,303.86
777.88
67.62%
Expenses
1,576.72
1,164.88
35.35%
1,306.95
926.02
41.14%
1,369.52
882.06
55.26%
1,238.75
789.22
56.96%
EBITDA
224.96
99.19
126.80%
180.60
44.78
303.31%
120.73
-0.59
-
65.11
-11.34
-
EBIDTM
12.49%
7.85%
12.14%
4.61%
8.10%
-0.07%
4.99%
-1.46%
Other Income
9.06
12.11
-25.19%
11.47
6.77
69.42%
38.00
8.18
364.55%
5.15
12.63
-59.22%
Interest
15.84
19.63
-19.31%
17.90
13.80
29.71%
17.98
13.40
34.18%
16.99
12.05
41.00%
Depreciation
66.96
60.98
9.81%
63.46
56.84
11.65%
62.70
54.67
14.69%
60.22
50.42
19.44%
PBT
151.22
30.69
392.73%
110.71
-19.09
-
286.37
-60.48
-
-6.95
-61.18
-
Tax
52.88
10.65
396.53%
38.66
-6.62
-
137.13
-20.57
-
-2.48
-21.35
-
PAT
98.34
20.04
390.72%
72.05
-12.47
-
149.24
-39.91
-
-4.47
-39.83
-
PATM
5.46%
1.59%
4.84%
-1.28%
10.01%
-4.53%
-0.34%
-5.12%
EPS
71.22
14.61
387.47%
52.02
-12.60
-
111.22
-32.47
-
-11.83
-32.50
-

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
6,083.34
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
56.21%
55.20%
62.98%
-35.46%
-15.66%
6.70%
11.52%
1.47%
27.96%
16.92%
 
Cost Of Goods Sold
4,614.05
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
1,469.29
1,108.81
621.21
494.48
857.73
871.99
865.03
867.02
852.55
723.06
605.92
GP Margin
24.15%
22.05%
19.17%
24.87%
27.84%
23.87%
25.27%
28.25%
28.18%
30.59%
29.97%
Total Expenditure
5,491.94
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
591.40
329.81
67.13
13.10
268.88
278.78
267.79
268.10
274.33
147.37
97.04
EBITDA Margin
9.72%
6.56%
2.07%
0.66%
8.73%
7.63%
7.82%
8.73%
9.07%
6.23%
4.80%
Other Income
63.68
62.03
51.88
24.89
42.77
81.62
68.72
84.94
71.44
65.79
59.94
Interest
68.71
68.40
41.04
28.22
27.85
15.33
6.67
5.54
5.30
6.55
9.18
Depreciation
253.34
240.74
190.94
173.67
194.52
150.92
129.26
113.08
91.89
81.28
84.84
PBT
541.35
82.70
-112.97
-163.90
89.28
194.15
200.58
234.42
248.58
125.32
62.96
Tax
226.19
138.68
-38.65
-52.31
-8.26
46.72
53.37
55.19
69.61
23.70
-14.96
Tax Rate
41.78%
47.65%
34.21%
31.92%
-16.45%
24.06%
26.61%
23.45%
28.00%
18.91%
-23.76%
PAT
315.16
133.64
-91.08
-123.63
58.38
147.34
147.21
179.36
178.21
101.62
78.00
PAT before Minority Interest
315.06
133.74
-90.99
-123.54
58.48
147.43
147.21
180.18
178.97
101.62
77.92
Minority Interest
-0.10
-0.10
-0.09
-0.09
-0.10
-0.09
0.00
-0.82
-0.76
0.00
0.08
PAT Margin
5.18%
2.66%
-2.81%
-6.22%
1.90%
4.03%
4.30%
5.84%
5.89%
4.30%
3.86%
PAT Growth
536.69%
-
-
-
-60.38%
0.09%
-17.92%
0.65%
75.37%
30.28%
 
EPS
238.76
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 - Quarterly Results
    9th Nov 2023, 16:39 PM

    Read More
  • Force Motors’ SCV & LCV production stands at 2,711 units in September
    6th Oct 2023, 14:31 PM

    The company’s domestic sales for SCV & LCV stood at 1,938 units and sales of UV, SUV & Tractors stood at 642 units

    Read More
  • Force Motors’ SCV & LCV production stands at 2,360 units in August
    6th Sep 2023, 17:08 PM

    The company has exported 673 units of SCV & LCV in month of August 2023 and 2 units of UV, SUV & Tractors

    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.