Force Motors, 500033, FORCEMOT Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

23,519.63
18.79
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

22,695.18
0.28%
5.34

Chart

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

Revenue CAGR (%)

10 Years
5 Years
3 Years

10.31
32.34
17.08

EBITDA CAGR (%)

10 Years
5 Years
3 Years

14.82
142.24
27.07

PAT CAGR (%)

10 Years
5 Years
3 Years

16.16
-
81.63

P:E (Median)

8 Years
5 Years
3 Years

14.63
19.15
21.50

P:BV (Average)

8 Years
5 Years
3 Years

2.49
3.43
5.02

EV:EBITDA (Average)

8 Years
5 Years
3 Years

13.51
15.11
13.06

Earnings Forecasts:

(Updated: 15-08-2026)

Description 2026 2027 2028 2029
Adj EPS 92 -28 - -
P/E Ratio 194.40 -638.75 - -
Revenue - - - -
EBITDA - - - -
Net Income - - - -
ROA - - - -
P/B Ratio - - - -
ROE - - - -
FCFF - - - -
FCFF Yield - - - -
Net Debt - - - -
BVPS - - - -

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Jun 26 Jun 25 Var% Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var%
Net Sales 2,439.89 2,297.12 6.22% 2,549.72 2,355.89 8.23% 2,128.43 1,889.36 12.65% 2,081.27 1,941.20 7.22%
Expenses 2,112.21 1,965.22 7.48% 2,135.50 2,026.77 5.36% 1,754.55 1,657.79 5.84% 1,718.63 1,658.71 3.61%
EBITDA 327.68 331.90 -1.27% 414.22 329.12 25.86% 373.88 231.57 61.45% 362.64 282.49 28.37%
EBIDTM 13.43% 14.45% 16.25% 13.97% 17.57% 12.26% 17.42% 14.55%
Other Income 38.06 25.06 51.88% 33.85 18.13 86.71% 27.06 14.89 81.73% 24.49 8.57 185.76%
Interest 0.04 0.13 -69.23% 2.74 7.26 -62.26% 0.16 4.12 -96.12% 0.23 5.43 -95.76%
Depreciation 76.85 70.29 9.33% 72.03 71.88 0.21% 72.72 70.51 3.13% 70.95 68.56 3.49%
PBT 288.85 286.54 0.81% 373.30 662.68 -43.67% 539.30 171.83 213.86% 315.95 217.07 45.55%
Tax 76.78 101.32 -24.22% 99.63 233.04 -57.25% 136.44 61.77 120.88% -33.56 76.39 -
PAT 212.07 185.22 14.50% 273.67 429.64 -36.30% 402.86 110.06 266.04% 349.51 140.68 148.44%
PATM 8.69% 8.06% 10.73% 18.24% 18.93% 5.83% 16.79% 7.25%
EPS 160.66 140.32 14.50% 207.33 325.48 -36.30% 305.20 83.38 266.04% 264.78 106.58 148.43%

Description Jun 26 Jun 25 Var% Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var%
Net Sales 2,440.01 2,297.25 6.21% 2,549.84 2,356.01 8.23% 2,128.56 1,889.49 12.65% 2,081.40 1,941.33 7.22%
Expenses 2,112.22 1,965.22 7.48% 2,135.50 2,026.77 5.36% 1,754.55 1,657.79 5.84% 1,718.63 1,658.71 3.61%
EBITDA 327.79 332.03 -1.28% 414.34 329.24 25.85% 374.01 231.70 61.42% 362.77 282.62 28.36%
EBIDTM 13.43% 14.45% 16.25% 13.97% 17.57% 12.26% 17.43% 14.56%
Other Income 38.10 25.06 52.04% 33.85 18.13 86.71% 27.06 14.89 81.73% 24.49 8.57 185.76%
Interest 0.04 0.13 -69.23% 2.74 7.26 -62.26% 0.16 4.12 -96.12% 0.23 5.43 -95.76%
Depreciation 77.40 70.29 10.12% 72.03 71.88 0.21% 72.72 70.51 3.13% 70.95 68.56 3.49%
PBT 288.45 286.67 0.62% 373.42 662.80 -43.66% 539.43 171.96 213.70% 316.08 217.20 45.52%
Tax 76.70 101.35 -24.32% 99.66 233.07 -57.24% 136.47 61.81 120.79% -33.52 76.43 -
PAT 211.75 185.32 14.26% 273.76 429.73 -36.29% 402.96 110.15 265.83% 349.60 140.77 148.35%
PATM 8.68% 8.07% 10.74% 18.24% 18.93% 5.83% 16.80% 7.25%
EPS 164.31 133.79 22.81% 211.32 329.83 -35.93% 308.13 87.49 252.19% 266.06 102.44 159.72%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 9,199.31 8,071.23 6,991.65 5,028.59 3,240.04 1,987.82 3,080.13 3,652.10 3,422.60 3,068.99 3,024.66 Net Sales Growth 8.44% 15.44% 39.04% 55.20% 62.99% -35.46% -15.66% 6.71% 11.52% 1.47% Cost Of Goods Sold 6,478.85 5,947.11 5,124.47 3,920.17 2,619.21 1,493.71 2,222.79 2,780.46 2,557.92 2,202.35 2,172.45 Gross Profit 2,720.46 2,124.12 1,867.18 1,108.42 620.83 494.11 857.34 871.64 864.68 866.64 852.21 GP Margin 29.57% 26.32% 26.71% 22.04% 19.16% 24.86% 27.83% 23.87% 25.26% 28.24% 28.18% Total Expenditure 7,720.89 6,979.01 6,083.43 4,699.17 3,173.29 1,975.09 2,811.64 3,373.66 3,155.16 2,801.26 2,750.66 Power & Fuel Cost - 52.12 57.31 53.69 42.50 35.22 47.25 48.86 48.23 44.55 45.71 % Of Sales - 0.65% 0.82% 1.07% 1.31% 1.77% 1.53% 1.34% 1.41% 1.45% 1.51% Employee Cost - 591.89 533.34 422.44 368.08 351.15 406.58 405.36 386.55 350.08 304.31 % Of Sales - 7.33% 7.63% 8.40% 11.36% 17.67% 13.20% 11.10% 11.29% 11.41% 10.06% Manufacturing Exp. - 212.28 213.50 162.81 92.55 74.02 103.90 112.85 114.45 107.15 106.60 % Of Sales - 2.63% 3.05% 3.24% 2.86% 3.72% 3.37% 3.09% 3.34% 3.49% 3.52% General & Admin Exp. - 28.26 30.25 20.47 13.50 15.60 10.63 9.44 12.55 15.53 22.05 % Of Sales - 0.35% 0.43% 0.41% 0.42% 0.78% 0.35% 0.26% 0.37% 0.51% 0.73% Selling & Distn. Exp. - 85.84 78.50 56.67 38.29 23.57 50.00 51.10 48.92 63.74 59.13 % Of Sales - 1.06% 1.12% 1.13% 1.18% 1.19% 1.62% 1.40% 1.43% 2.08% 1.95% Miscellaneous Exp. - 178.74 128.43 121.81 81.94 114.78 106.38 99.46 87.98 90.95 59.13 % Of Sales - 2.21% 1.84% 2.42% 2.53% 5.77% 3.45% 2.72% 2.57% 2.96% 2.71% EBITDA 1,478.42 1,092.22 908.22 329.42 66.75 12.73 268.49 278.44 267.44 267.73 274.00 EBITDA Margin 16.07% 13.53% 12.99% 6.55% 2.06% 0.64% 8.72% 7.62% 7.81% 8.72% 9.06% Other Income 123.46 56.56 39.10 62.03 51.88 24.89 42.77 81.62 68.72 84.94 71.44 Interest 3.17 25.87 62.14 68.40 41.04 28.22 27.85 15.33 6.67 5.54 5.30 Depreciation 292.55 280.24 266.75 240.74 190.94 173.67 194.52 150.92 129.26 113.08 91.89 PBT 1,517.40 842.67 618.43 82.31 -113.35 -164.27 88.89 193.81 200.23 234.05 248.25 Tax 279.29 437.27 216.74 138.58 -38.75 -52.41 -8.36 46.63 53.28 55.08 69.51 Tax Rate 18.41% 35.34% 35.05% 47.68% 34.19% 31.90% -16.78% 24.06% 26.61% 23.44% 28.00% PAT 1,238.11 799.97 401.69 152.05 -74.60 -111.86 58.19 147.18 146.95 179.92 178.74 PAT before Minority Interest 1,238.11 799.97 401.69 152.05 -74.60 -111.86 58.19 147.18 146.95 179.92 178.74 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 13.46% 9.91% 5.75% 3.02% -2.30% -5.63% 1.89% 4.03% 4.29% 5.86% 5.91% PAT Growth 43.03% 99.15% 164.18% - - - -60.46% 0.16% -18.32% 0.66% EPS 937.96 606.04 304.31 115.19 -56.52 -84.74 44.08 111.50 111.33 136.30 135.41

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 9,199.81 8,071.73 6,992.13 5,028.98 3,240.42 1,988.19 3,080.52 3,652.45 3,422.95 3,069.37 3,025.00 Net Sales Growth 8.44% 15.44% 39.04% 55.20% 62.98% -35.46% -15.66% 6.70% 11.52% 1.47% Cost Of Goods Sold 6,478.85 5,947.11 5,124.47 3,920.17 2,619.21 1,493.71 2,222.79 2,780.46 2,557.92 2,202.35 2,172.45 Gross Profit 2,720.96 2,124.62 1,867.66 1,108.81 621.21 494.48 857.73 871.99 865.03 867.02 852.55 GP Margin 29.58% 26.32% 26.71% 22.05% 19.17% 24.87% 27.84% 23.87% 25.27% 28.25% 28.18% Total Expenditure 7,720.90 6,979.01 6,083.44 4,699.17 3,173.29 1,975.09 2,811.64 3,373.67 3,155.16 2,801.27 2,750.67 Power & Fuel Cost - 52.12 57.31 53.69 42.50 35.22 47.25 48.86 48.23 44.55 45.71 % Of Sales - 0.65% 0.82% 1.07% 1.31% 1.77% 1.53% 1.34% 1.41% 1.45% 1.51% Employee Cost - 591.89 533.34 422.44 368.08 351.15 406.58 405.36 386.55 350.08 304.31 % Of Sales - 7.33% 7.63% 8.40% 11.36% 17.66% 13.20% 11.10% 11.29% 11.41% 10.06% Manufacturing Exp. - 212.28 213.50 162.81 92.55 74.02 103.90 112.85 114.45 107.15 106.60 % Of Sales - 2.63% 3.05% 3.24% 2.86% 3.72% 3.37% 3.09% 3.34% 3.49% 3.52% General & Admin Exp. - 28.26 30.25 20.47 13.50 15.60 10.63 9.44 12.55 15.53 22.05 % Of Sales - 0.35% 0.43% 0.41% 0.42% 0.78% 0.35% 0.26% 0.37% 0.51% 0.73% Selling & Distn. Exp. - 85.84 78.50 56.67 38.29 23.57 50.00 51.10 48.92 63.74 59.13 % Of Sales - 1.06% 1.12% 1.13% 1.18% 1.19% 1.62% 1.40% 1.43% 2.08% 1.95% Miscellaneous Exp. - 178.74 128.44 121.81 81.94 114.78 106.38 99.47 87.98 90.96 59.13 % Of Sales - 2.21% 1.84% 2.42% 2.53% 5.77% 3.45% 2.72% 2.57% 2.96% 2.71% EBITDA 1,478.91 1,092.72 908.69 329.81 67.13 13.10 268.88 278.78 267.79 268.10 274.33 EBITDA Margin 16.08% 13.54% 13.00% 6.56% 2.07% 0.66% 8.73% 7.63% 7.82% 8.73% 9.07% Other Income 123.50 56.56 39.10 62.03 51.88 24.89 42.77 81.62 68.72 84.94 71.44 Interest 3.17 25.87 62.14 68.40 41.04 28.22 27.85 15.33 6.67 5.54 5.30 Depreciation 293.10 280.24 266.75 240.74 190.94 173.67 194.52 150.92 129.26 113.08 91.89 PBT 1,517.38 843.17 618.90 82.70 -112.97 -163.90 89.28 194.15 200.58 234.42 248.58 Tax 279.31 437.40 216.86 138.68 -38.65 -52.31 -8.26 46.72 53.37 55.19 69.61 Tax Rate 18.41% 35.34% 35.04% 47.65% 34.21% 31.92% -16.45% 24.06% 26.61% 23.45% 28.00% PAT 1,238.07 800.74 388.09 133.64 -91.08 -123.63 50.17 143.33 147.30 180.27 179.05 PAT before Minority Interest 1,237.95 800.86 388.21 133.74 -90.99 -123.54 50.27 143.42 147.21 180.18 178.97 Minority Interest -0.12 -0.12 -0.12 -0.10 -0.09 -0.09 -0.10 -0.09 0.09 0.09 0.08 PAT Margin 13.46% 9.92% 5.55% 2.66% -2.81% -6.22% 1.63% 3.92% 4.30% 5.87% 5.92% PAT Growth 42.97% 106.33% 190.40% - - - -65.00% -2.70% -18.29% 0.68% EPS 937.93 606.62 294.01 101.24 -69.00 -93.66 38.01 108.58 111.59 136.57 135.64

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 3,103.62 2,326.13 1,932.45 1,786.94 1,860.48 1,975.71 1,934.87 1,798.79 1,665.41 1,487.64 Share Capital 13.18 13.18 13.18 13.18 13.18 13.18 13.18 13.18 13.18 13.18 Total Reserves 3,090.44 2,312.95 1,919.27 1,773.76 1,847.30 1,962.53 1,921.69 1,785.61 1,652.23 1,474.46 Non-Current Liabilities 372.98 521.39 621.03 534.40 466.57 212.65 247.92 37.26 21.98 98.41 Secured Loans 1.34 231.77 444.97 600.55 493.78 187.50 205.63 0.00 0.00 0.00 Unsecured Loans 0.00 150.00 150.00 0.00 0.00 0.00 0.00 0.00 1.99 2.64 Long Term Provisions 40.89 32.57 28.46 26.91 29.51 30.49 30.83 26.98 25.19 22.27 Current Liabilities 1,725.24 1,635.94 1,509.39 1,282.59 873.58 911.11 653.11 682.98 901.33 718.25 Trade Payables 783.59 854.29 744.95 516.90 440.07 580.31 395.30 564.87 485.35 417.25 Other Current Liabilities 710.20 589.95 496.25 427.51 249.85 265.99 185.07 90.97 191.05 274.66 Short Term Borrowings 0.00 0.00 95.00 210.00 30.00 47.22 50.87 0.00 196.47 0.00 Short Term Provisions 231.45 191.70 173.19 128.18 153.66 17.59 21.87 27.14 28.46 26.34 Total Liabilities 5,201.84 4,483.46 4,062.87 3,603.93 3,200.63 3,099.47 2,835.90 2,519.03 2,588.72 2,304.30 Net Block 1,962.42 2,024.55 2,087.30 2,027.97 1,218.21 1,394.62 1,210.05 942.43 905.14 785.87 Gross Block 4,581.08 4,399.80 4,200.72 3,907.67 2,915.01 2,985.70 2,609.04 2,194.44 2,078.59 1,848.38 Accumulated Depreciation 2,618.66 2,375.25 2,113.42 1,879.70 1,696.80 1,591.08 1,398.99 1,252.01 1,173.45 1,062.51 Non Current Assets 2,628.42 2,444.07 2,503.93 2,582.99 2,324.51 2,077.79 1,749.66 1,397.23 1,204.60 1,084.32 Capital Work in Progress 287.23 170.85 153.67 302.15 724.85 445.07 371.80 369.17 220.26 204.60 Non Current Investment 177.94 166.39 158.90 153.79 126.31 91.84 28.19 10.60 9.67 8.43 Long Term Loans & Adv. 171.98 53.07 74.52 94.02 249.84 140.72 133.07 68.19 62.40 78.01 Other Non Current Assets 22.34 22.35 22.86 0.00 0.00 0.00 0.77 0.81 0.85 0.89 Current Assets 2,573.42 2,039.39 1,558.94 1,020.94 876.12 1,021.68 1,086.24 1,121.80 1,384.12 1,219.98 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 1,183.76 1,163.19 826.55 637.13 557.82 551.52 503.56 477.10 437.67 547.51 Sundry Debtors 174.34 104.06 196.84 189.38 125.99 168.72 166.52 241.91 115.10 150.40 Cash & Bank 500.66 442.36 138.20 71.96 34.38 66.27 3.20 40.93 234.22 317.64 Other Current Assets 714.66 204.42 260.21 9.43 157.93 235.17 412.96 361.86 597.13 204.43 Short Term Loans & Adv. 607.93 125.36 137.14 113.04 157.84 227.87 405.92 360.51 582.59 189.22 Net Current Assets 848.18 403.45 49.55 -261.65 2.54 110.57 433.13 438.82 482.79 501.73 Total Assets 5,201.84 4,483.46 4,062.87 3,603.93 3,200.63 3,099.47 2,835.90 2,519.03 2,588.72 2,304.30

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 3,033.43 2,255.14 1,875.03 1,747.87 1,837.83 1,965.34 1,933.21 1,801.13 1,667.58 1,489.64 Share Capital 13.18 13.18 13.18 13.18 13.18 13.18 13.18 13.18 13.18 13.18 Total Reserves 3,020.25 2,241.96 1,861.85 1,734.69 1,824.65 1,952.16 1,920.03 1,787.95 1,654.40 1,476.46 Non-Current Liabilities 372.98 521.39 621.03 534.40 466.57 212.65 247.92 37.26 21.98 98.41 Secured Loans 1.34 231.77 444.97 600.55 493.78 187.50 205.63 0.00 0.00 0.00 Unsecured Loans 0.00 150.00 150.00 0.00 0.00 0.00 0.00 0.00 1.99 2.64 Long Term Provisions 40.89 32.57 28.46 26.91 29.51 30.49 30.83 26.98 25.19 22.27 Current Liabilities 1,725.24 1,635.95 1,509.40 1,282.61 873.60 911.12 653.13 682.95 901.34 718.19 Trade Payables 783.59 854.29 744.95 516.91 440.07 580.31 395.30 564.87 485.35 417.24 Other Current Liabilities 710.20 589.95 496.25 427.51 249.85 266.00 185.09 90.99 191.06 274.67 Short Term Borrowings 0.00 0.00 95.00 210.00 30.00 47.22 50.87 0.00 196.47 0.00 Short Term Provisions 231.45 191.71 173.20 128.19 153.68 17.59 21.87 27.09 28.46 26.28 Total Liabilities 5,133.98 4,414.69 4,007.55 3,566.87 3,179.90 3,090.92 2,835.98 2,522.97 2,592.44 2,307.70 Net Block 1,962.43 2,024.56 2,087.31 2,027.98 1,218.22 1,394.63 1,210.05 942.44 905.15 785.88 Gross Block 4,581.09 4,399.81 4,200.73 3,907.68 2,915.02 2,985.71 2,609.04 2,194.45 2,078.60 1,848.39 Accumulated Depreciation 2,618.66 2,375.25 2,113.42 1,879.70 1,696.80 1,591.08 1,398.99 1,252.01 1,173.45 1,062.51 Non Current Assets 2,553.62 2,368.72 2,442.38 2,539.98 2,298.11 2,063.84 1,744.61 1,396.36 1,203.72 1,083.44 Capital Work in Progress 287.23 170.85 153.67 302.15 724.85 445.07 371.80 369.17 220.26 204.60 Non Current Investment 103.13 91.03 97.34 110.77 99.90 77.88 23.14 9.72 8.78 7.54 Long Term Loans & Adv. 171.98 53.07 74.52 94.02 249.84 140.72 133.07 68.19 62.40 78.01 Other Non Current Assets 22.34 22.35 22.86 0.00 0.00 0.00 0.77 0.81 0.85 0.89 Current Assets 2,580.36 2,045.97 1,565.17 1,026.89 881.79 1,027.08 1,091.37 1,126.61 1,388.72 1,224.26 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 1,183.76 1,163.19 826.55 637.13 557.82 551.52 503.56 477.10 437.67 547.51 Sundry Debtors 174.34 104.06 196.84 189.38 125.99 168.72 166.52 241.91 115.10 150.40 Cash & Bank 507.41 448.76 141.34 74.81 36.98 68.60 5.22 42.69 235.71 318.62 Other Current Assets 714.85 204.60 260.30 9.52 161.00 238.24 416.07 364.91 600.24 207.73 Short Term Loans & Adv. 607.93 125.36 140.14 116.05 160.85 230.88 408.97 363.51 585.65 192.47 Net Current Assets 855.12 410.02 55.77 -255.72 8.19 115.96 438.24 443.66 487.38 506.07 Total Assets 5,133.98 4,414.69 4,007.55 3,566.87 3,179.90 3,090.92 2,835.98 2,522.97 2,592.44 2,307.70

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity 971.12 1,011.19 531.46 18.16 7.07 408.87 312.03 256.48 470.63 255.78 PBT 1,237.24 618.43 290.63 -113.35 -164.27 49.83 193.81 200.23 235.00 248.25 Adjustment 301.82 323.36 435.43 228.92 219.49 204.53 146.55 118.36 96.06 72.55 Changes in Working Capital -348.10 221.19 -191.28 -99.90 -45.50 170.75 18.83 -34.37 199.84 -27.25 Cash after chg. in Working capital 1,190.96 1,162.98 534.78 15.67 9.72 425.11 359.19 284.22 530.90 293.55 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -219.84 -151.79 -3.32 2.49 -2.65 -16.24 -47.16 -27.74 -60.27 -37.77 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 -351.23 -197.50 -256.47 -355.74 -332.63 -327.39 -605.58 -80.59 -620.78 -210.01 Net Fixed Assets -297.66 -216.26 -144.57 -569.96 -209.09 -449.93 -417.23 -264.76 -245.87 -201.04 Net Investments -11.55 -7.49 -5.11 -27.48 -34.47 -63.65 -17.59 -0.93 -1.24 -7.20 Others -42.02 26.25 -106.79 241.70 -89.07 186.19 -170.76 185.10 -373.67 -1.77 Cash from Financing Activity -561.84 -509.19 -206.85 374.77 293.45 -19.73 256.26 -222.88 180.17 -37.18 Net Cash Inflow / Outflow 58.05 304.50 68.14 37.19 -32.11 61.75 -37.29 -46.99 30.02 8.59 Opening Cash & Equivalents 441.75 137.25 69.11 31.92 64.03 2.28 39.57 86.56 56.54 47.95 Closing Cash & Equivalent 499.80 441.75 137.25 69.11 32.12 64.03 2.28 39.57 86.56 56.54

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity 971.47 1,014.45 531.74 18.42 7.34 409.19 314.03 256.48 470.64 255.72 PBT 1,238.26 605.07 272.42 -129.64 -175.85 42.01 190.14 200.58 235.37 248.58 Adjustment 301.30 337.19 454.03 245.59 231.44 212.74 150.56 118.36 96.06 72.55 Changes in Working Capital -348.11 224.09 -191.28 -99.92 -45.50 170.78 20.58 -34.63 199.59 -27.52 Cash after chg. in Working capital 1,191.45 1,166.35 535.17 16.03 10.09 425.53 361.28 284.31 531.02 293.61 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -219.98 -151.90 -3.43 2.39 -2.75 -16.34 -47.25 -27.83 -60.38 -37.89 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 -351.23 -197.50 -256.47 -355.74 -332.63 -327.39 -605.58 -80.59 -620.78 -210.01 Net Fixed Assets -297.66 -216.26 -144.57 -569.96 -209.09 -449.93 -417.23 -264.76 -245.87 -201.04 Net Investments -11.55 -7.49 -5.11 -27.48 -34.47 -63.65 -17.59 -0.93 -1.24 -7.20 Others -42.02 26.25 -106.79 241.70 -89.07 186.19 -170.76 185.10 -373.67 -1.77 Cash from Financing Activity -561.84 -509.19 -206.85 374.77 293.45 -19.73 256.26 -222.88 180.17 -37.13 Net Cash Inflow / Outflow 58.40 307.76 68.42 37.45 -31.84 62.07 -35.29 -46.99 30.03 8.58 Opening Cash & Equivalents 448.15 140.39 71.97 34.52 66.36 4.29 39.58 86.57 56.54 47.96 Closing Cash & Equivalent 506.55 448.15 140.39 71.97 34.72 66.36 4.29 39.58 86.57 56.54

Financial Ratios

Consolidated /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 2354.80 1764.89 1466.20 1355.80 1411.59 1499.02 1468.03 1364.79 1263.59 1128.71 ROA 16.52% 9.40% 3.97% -2.19% -3.55% 1.96% 5.50% 5.75% 7.36% 8.27% ROE 29.47% 18.86% 8.18% -4.09% -5.83% 2.98% 7.88% 8.48% 11.41% 12.75% ROCE 42.30% 23.72% 12.50% -2.70% -5.68% 3.45% 10.41% 11.29% 14.29% 17.93% Fixed Asset Turnover 1.80 1.63 1.24 0.95 0.67 1.10 1.52 1.65 1.78 2.00 Receivable days 6.29 7.85 14.02 17.76 27.06 19.86 20.41 18.49 13.87 13.70 Inventory Days 53.07 51.94 53.12 67.31 101.85 62.51 49.00 47.38 51.45 49.70 Payable days 50.26 56.95 58.74 66.68 124.67 60.23 49.12 57.34 58.55 51.70 Cash Conversion Cycle 9.10 2.84 8.39 18.39 4.24 22.15 20.30 8.53 6.77 11.69 Total Debt/Equity 0.01 0.23 0.49 0.60 0.35 0.16 0.15 0.00 0.12 0.01 Interest Cover 48.83 10.95 5.25 -1.76 -4.82 2.79 13.64 31.02 43.42 47.84

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 2301.54 1711.03 1422.63 1326.15 1394.41 1491.15 1466.78 1366.56 1265.24 1130.23 ROA 16.77% 9.22% 3.53% -2.70% -3.94% 1.97% 5.50% 5.76% 7.36% 8.27% ROE 30.29% 18.80% 7.38% -5.08% -6.50% 3.00% 7.90% 8.49% 11.41% 12.75% ROCE 43.36% 23.79% 12.07% -3.35% -6.21% 3.47% 10.42% 11.30% 14.29% 17.92% Fixed Asset Turnover 1.80 1.63 1.24 0.95 0.67 1.10 1.52 1.65 1.78 2.00 Receivable days 6.29 7.85 14.02 17.76 27.05 19.86 20.41 18.49 13.86 13.70 Inventory Days 53.06 51.93 53.12 67.30 101.83 62.51 49.00 47.38 51.44 49.69 Payable days 50.26 56.95 58.74 66.68 124.67 60.23 49.12 57.34 58.55 51.70 Cash Conversion Cycle 9.10 2.83 8.39 18.38 4.21 22.14 20.29 8.53 6.76 11.68 Total Debt/Equity 0.01 0.23 0.51 0.61 0.35 0.16 0.15 0.00 0.12 0.01 Interest Cover 48.86 10.74 4.98 -2.16 -5.23 2.80 13.66 31.07 43.49 47.90

Top Investors:

manohar devabhaktuni

investor education and protection fund (iepf)

llp

Annual Reports:

News Update:

Force Motors reports 37% rise in total sales during July 2026
3rd Aug 2026, 15:30 PM

Out of total, the company’s domestic sales for SCV, LCV, UV and SUV grew 38.44% at 3,738 units in July 2026 as compared to 2,700 units sold in July 2025
Read More
Force Motors - Quarterly Results
30th Jul 2026, 00:00 AM

Read More
Force Motors reports 24% rise in total sales during June
2nd Jul 2026, 14:59 PM

The company has exported 21 units of SCV, LCV, UV and SUV in month of June 2026 against 88 units in June 2025, a fall of 76.14%
Read More
Force Motors signs MoU with MoRTH
30th Jun 2026, 11:48 AM

The OEM will provide an 8 per cent discount on the ex-showroom price of eligible trucks and buses purchased under the scheme
Read More
Force Motors reports 15% fall in total sales during May
2nd Jun 2026, 15:08 PM

The company’s domestic sales for SCV, LCV, UV and SUV declined 14.72% at 2,560 units in May 2026
Read More

Force Motors Ltd.

Automobiles-Trucks/Lcv

BSE: 500033 | NSE: FORCEMOT

Stock Summary

Chart

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

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update:

Force Motors Ltd.

Automobiles-Trucks/Lcv

BSE: 500033 | NSE: FORCEMOT

Stock Summary

Shareholding Pattern

Chart

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

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update: