Force Motors Ltd

₹17,080▼ -1.56%28 Sept

📊 Stock Analysis

Market Data

Market Cap₹22,505.06 Cr.

52W High₹26,485.95

Current Price₹17,080

52W Low₹14,911.45

Down from 52W High35.5 %

Face Value₹10

Performance

ROCE36.58 %

ROE29.85 %

EPS (TTM)₹164.36

EPS Prev Qtr₹211.37

EPS Last Year₹266.14

EBITDA Qtr₹250.39 Cr.

Book Value₹3,181

Financial Health

Debt/Equity0

Debt/Profit0

Total Assets₹6,537.55 Cr.

Dividend Yield0.29 %

Promoter Holding61.63 %

Earning Power18.14 %

Valuation

Stock P/E17.98

Industry P/E34.2

Price to Book5.37

Price to Sales2.45

Graham Number₹8,245.75

Key Metrics

Face Value

₹10

About Force Motors Ltd

Automobile and Auto Components · Automobile

Force Motors Ltd is listed on NSE in the Automobile and Auto Components / Automobile sector. Face value ₹10. Market cap ₹22,505.06 Cr.

Price Chart

Peer Comparison

Name	CMP	P/E	Market Cap	Div Yield	NP Qtr	Qtr Profit Var%	Sales Qtr	Qtr Sales Var%	ROCE%	Debt/Eq
Maruti Suzuki India Ltd	-	26.41	₹3,78,531.27 Cr	1.16%	₹14,334 Cr	-	₹1,97,180.6 Cr	-	17.61%	0
Mahindra & Mahindra Ltd	-	18.11	₹3,72,362.27 Cr	1.1%	₹20,242.69 Cr	-	₹2,11,374.9 Cr	-	16.35%	1.42
Bajaj Auto Ltd	-	26.14	₹3,07,699.17 Cr	1.36%	₹11,552.81 Cr	-	₹71,460.48 Cr	-	27.5%	0.57
Eicher Motors Ltd	-	34.31	₹1,98,159.77 Cr	1.14%	₹5,772.52 Cr	-	₹24,998.14 Cr	-	29.55%	0.01
TVS Motor Company Ltd	-	56.59	₹1,93,985.19 Cr	0.29%	₹3,601.18 Cr	-	₹60,154.99 Cr	-	18.61%	3.3
Hyundai Motor India Ltd	-	33.68	₹1,66,733.43 Cr	1.02%	₹4,950.91 Cr	-	₹70,685.09 Cr	-	31.92%	0.05
Tata Motors Ltd	-	38.04	₹1,59,433.36 Cr	0.92%	₹4,187 Cr	-	₹87,197 Cr	-	38.24%	0.38
Hero MotoCorp Ltd	-	19.77	₹1,07,750.05 Cr	3.44%	₹5,487.98 Cr	-	₹50,809.84 Cr	-	33.06%	0.02
Tata Motors Passenger Vehicles Ltd	-	-	₹1,04,217.1 Cr	1.06%	₹79,502 Cr	-	₹3,43,703 Cr	-	-0.54%	0.62
Ashok Leyland Ltd	-	26.25	₹91,279.7 Cr	2.25%	₹3,731.03 Cr	-	₹57,723.13 Cr	-	13.03%	4.47
Ather Energy Ltd	-	-	₹57,384.64 Cr	-	-	-	-	-	-	0.2
Escorts Kubota Ltd	-	21.79	₹30,644.99 Cr	1.86%	₹1,382.88 Cr	-	₹12,247.76 Cr	-	14.77%	0
Force Motors Ltd	-	17.98	₹22,505.06 Cr	0.29%	₹1,251.98 Cr	-	₹9,199.81 Cr	-	50.3%	0.01
Ola Electric Mobility Ltd	-	-	₹17,527.78 Cr	-	₹-1,741 Cr	-	₹1,880 Cr	-	-23.99%	0.74
Olectra Greentech Ltd	-	54.2	₹9,614.53 Cr	0.05%	₹180.16 Cr	-	₹2,540.45 Cr	-	24.54%	0.24
SML Mahindra Ltd	-	60.37	₹9,442.24 Cr	0.36%	₹156.41 Cr	-	₹2,949.57 Cr	-	28.53%	0.54
VST Tillers Tractors Ltd	-	34.2	₹3,727.43 Cr	0.58%	₹108.93 Cr	-	₹1,271.31 Cr	-	13.66%	0
Zelio E-Mobility Ltd	-	-	₹2,279.97 Cr	-	-	-	-	-	-	0.17
Atul Auto Ltd	-	25.92	₹1,223.42 Cr	0.68%	₹49.21 Cr	-	₹890.04 Cr	-	11.81%	0.3
Mercury EV-Tech Ltd	-	155.72	₹739.57 Cr	-	₹4.32 Cr	-	₹112.89 Cr	-	3.93%	0.03

Quarterly Results

	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	2,081.4	2,128.56	2,549.84	2,440.01
↳ QoQ Growth	-	+2.3%	+19.8%	-4.3%
Expenses	1,789.58	1,827.27	2,207.53	2,189.62
Operating Profit	291.82	301.29	342.31	250.39
OPM %	14.02%	14.15%	13.42%	10.26%
Other Income	24.49	27.06	33.85	38.1
Interest	0.23	0.16	2.74	0.04
Depreciation	70.95	72.72	72.03	77.4
EBITDA	362.77	374.01	414.34	327.79
EBITDA Margin %	17.43%	17.57%	16.25%	13.43%
Profit Before Tax	317.18	542.62	378.2	293.29
Tax %	-10.57%	25.15%	26.35%	26.15%
Net Profit	350.7	406.15	278.54	216.59
↳ QoQ Growth	-	+15.8%	-31.4%	-22.2%
EPS	266.14	308.22	211.37	164.36

Balance Sheet

	Mar 2025	Mar 2026
Equity Capital	13.18	13.18
Reserves	3020.25	4181.17
Borrowings	17.43	0
Other Liabilities	2083.12	2343.2
Total Liabilities	5133.98	6537.55
Fixed Assets	2157.12	1486.67
CWIP	92.54	235.72
Investments	109.64	98.34
Other Assets	2774.68	4716.82
Total Assets	5133.98	6537.55

Cash Flows

	Mar 2025
Cash from Operating Activity	971.47
Cash from Investing Activity	-351.23
Cash from Financing Activity	-561.84
Net Cash Flow	58.4

Shareholding Pattern

	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters %	61.63%	61.63%	61.63%	61.63%
FIIs %	10.27%	10.46%	10.93%	9.52%
DIIs %	1.48%	1.8%	1.76%	1.46%
Public %	20.98%	20.53%	20.29%	21.13%
No. of Shareholders	72,334	71,870	78,750	94,439