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  2. SECTOR : AUTOMOBILES & AUTO COMPONENTS
  3. INDUSTRY : CARS & UTILITY VEHICLES
  4. FORCE MOTORS LTD.
Force Motors Ltd.
NSE: FORCEMOT | BSE: 500033
Monthly DispatchesMarket Share
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16882.00-74.00(-0.44%)
9,854
NSE+BSE Volume

NSE 08 Oct, 2026 10:18 AM (IST)

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Force Motors quarterly and annual financials: results, revenue, profit, P&L, balance sheet, cash flow, financial ratios, revenue mix, peer comparison, and financial documents

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Force Motors quarterly results: revenue, profit, and P&L – 13 quarter history

  • POSITIVE

    Quarterly Revenue Force Motors Jun-2026 Quarterly Revenue is Rs 2,478 Cr which is growth of 6.7% YoY.

  • POSITIVE

    Quarterly Net Profit Force Motors Jun-2026 Quarterly Net Profit is Rs 212 Cr which is growth of 14.5% YoY.

Force Motors Ltd., Quarterly, standalone, All financials are in INR Cr and price data in INR
IndicatorGraphJun '26Mar '26Dec '25Sep '25Jun '25Mar '25Dec '24Sep '24Jun '24Mar '24Dec '23Sep '23Jun '23
⌄
2,4782,583.62,155.52,105.82,322.22,3741,904.31,949.81,899.82,025.71,695.51,810.61,498.9
Operating Exp.
2,112.22,135.51,754.61,718.61,965.22,026.81,657.81,658.71,635.71,732.61,467.21,576.71,307
Operating Profit
327.7414.2373.9362.6331.9329.1231.6282.5249278.5224.4224.9180.5
Operating Profit Margin %
13.43%16.25%17.57%17.42%14.45%13.97%12.26%14.55%13.21%13.85%13.26%12.48%12.13%
Depr.
76.97272.77170.371.970.568.669.368.168.36763.5
Interest
02.70.20.20.17.34.15.49.114.314.115.817.9
Profit Before Tax
288.9373.3539.3316286.5662.7171.8217.1185.7210.8145.9151.1110.6
Tax
76.899.6136.4-33.6101.323361.876.466.174.151.252.938.6
Net Profit
212.1273.7402.9349.5185.2429.6110.1140.7119.6136.794.798.372
EPS Adj. latest
161207.7305.8265.3140.6326.183.5106.890.8103.871.974.654.6
Net profit TTM
1,238.11,211.31,367.21,074.4865.6800507491.7449.3401.7414.1314.9236.6
Basic EPS TTM
939.49191,037.4815.2656.8607384.7373.1340.9304.8314.2238.9179.5
Earnings Transcripts
         
Results PDF
Result Notes
 
*All financials are in INR Cr and price data in INR

Force Motors competitor comparison and performance snapshot within industry

Force Motors annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history

  • POSITIVE

    Annual Revenue Force Motors Mar-2026 Annual Revenue is Rs 9,167 Cr which is growth of 12.8% YoY.

  • POSITIVE

    Annual Net Profit Force Motors Mar-2026 Annual Net Profit is Rs 1,211 Cr which is growth of 51.4% YoY.

Force Motors Ltd., Annual, standalone, All financials are in INR Cr and price data in INR
IndicatorGraphCAGR 3 YrsCAGR 5 YrsTTMMar '26Mar '25Mar '24Mar '23Mar '22Mar '21Mar '20Mar '19Mar '18Mar '17Mar '16
21.7%
35.4%
9,322.89,1678,127.87,030.85,090.63,291.92,012.73,122.93,733.73,491.33,153.93,131.2
Operating Exp. Ann.
17.2%
30.8%
7,720.97,573.96,9796,083.44,699.23,173.31,975.12,811.63,373.73,155.22,801.32,785.7
Operating Profit Ann.
65.1%
159.1%
1,478.41,482.61,092.2908.2329.466.812.7268.5278.4267.4267.7274.1
OPM Ann. %
35.7%
91.4%
 16.17%13.44%12.92%6.47%2.03%0.63%8.60%7.46%7.66%8.49%8.75%
⌄
16.2%
29.3%
 7,863.27,285.16,412.35,008.33,405.32,1773,0343,539.93,291.12,919.92,882
EBITDA Ann.
59.7%
111.5%
 1,593.11,148.8947.3391.5118.637.6311.3360.1336.2352.7345.5
EBITDA Ann. margin %
31.2%
56.2%
 17.38%14.13%13.47%7.69%3.60%1.87%9.97%9.64%9.63%11.18%11.04%
Interest Ann.
-63.6%
-34.9%
3.23.325.962.168.44128.227.915.36.75.54.3
Depr.
5.9%
10.5%
292.6286280.2266.8240.7190.9173.7194.5150.9129.3113.191.9
PBT Ann.
73.4%
-
1,517.41,515.11,237.2618.4290.6-113.4-164.349.8193.8200.2235249.3
Tax Ann.
29.9%
-
279.3303.8437.3216.7138.6-38.8-52.4-8.446.653.355.169.9
99.7%
-
 1,211.3800401.7152.1-74.6-111.958.2147.2147179.9179.4
Net Profit Ann.
99.7%
-
1,238.11,211.3800401.7152.1-74.6-111.958.2147.2147179.9179.4
NPM Ann. %
64.2%
-
 13.37%9.91%5.74%3.02%-2.30%-5.62%1.88%4.03%4.29%5.86%5.86%
EPS Adj. latest Ann.
99.7%
-
 919.3607.1304.9115.4-56.6-84.944.2111.7111.5136.6136.2
Result Notes
   
Annual Reports
 
*All financials are in INR Cr and price data in INR
Total Rev. Ann.
1Y CHG
12.8%
2Y CAGR
14.2%
3Y CAGR
21.7%
5Y CAGR
35.4%
7Y CAGR
13.7%
10Y CAGR
11.3%
Total Revenue Annual growth is lower than historical averages.
Net Profit Ann.
1Y CHG
51.4%
2Y CAGR
73.7%
3Y CAGR
99.7%
7Y CAGR
35.1%
10Y CAGR
21%
Net Profit Annual growth is stable compared to historical averages.
Operating Exp. Ann.
1Y CHG
8.5%
2Y CAGR
11.6%
3Y CAGR
17.2%
5Y CAGR
30.8%
7Y CAGR
12.2%
10Y CAGR
10.5%
Operating Expenses Annual Cr growth is lower than historical averages.

Force Motors balance sheet as of Mar 2026: assets, liabilities, reserves, and borrowings – 11 year history

  • POSITIVE

    Total Shareholders Fund Force Motors Mar-2026 Total Shareholders Fund is Rs 4,264 Cr which is growth of 37.4% YoY.

  • POSITIVE

    Total Assets Force Motors Mar-2026 Total Assets is Rs 6,605 Cr which is growth of 27.0% YoY.

Force Motors Ltd., Balance Sheet, standalone, All financials are in INR Cr and price data in INR
IndicatorGraphCAGR 3 YrsCAGR 5 YrsMar '26Mar '25Mar '24Mar '23Mar '22Mar '21Mar '20Mar '19Mar '18Mar '17Mar '16
⌄
30.2%
18%
4,264.13,103.62,326.11,932.51,786.91,860.51,975.71,934.91,798.81,665.41,480.4
Minority Interest Liability Ann.
-
-
-----------
⌄
-22.1%
-10.8%
296.5373521.4626.9628.5524.2219.7247.937.333.496.7
10.6%
18.5%
2,044.21,725.21,635.91,509.41,282.6873.6911.1653.1683901.3716.7
Total Capital Plus Liabilities Ann.
17.5%
15.2%
6,604.95,201.84,483.54,068.73,6983,258.23,106.52,835.92,5192,600.22,293.9
⌄
3%
4.8%
2,457.72,256.22,202.32,247.72,335.21,948.41,845.21,587.61,317.61,131.7997.9
⌄
3.5%
3.1%
2,780.62,628.42,444.12,509.82,677.12,382.12,084.91,749.71,397.21,2161,077.2
34.9%
34.3%
3,824.32,573.42,039.41,558.91,020.9876.11,021.71,086.21,121.81,384.11,216.7
Total Assets Ann.
17.5%
15.2%
6,604.95,201.84,483.54,068.73,6983,258.23,106.52,835.92,5192,600.22,293.9
Contingent Liabilities plus Commitments Ann.
22%
-1.3%
372.4290.3211.9205.1245.3397.6353.4297.4219.1
Bonus Equity Share Capital Ann.
0%
0%
5.75.75.75.75.75.75.75.75.75.75.7
Non Current Investments Unquoted Book Value Ann.
0.7%
4.3%
131.1131.1128.4128.4128.4106.180.614.30.90.91
Current Investments Unquoted Book Value Ann.
-
-
*All financials are in INR Cr and price data in INR
Total Assets Ann.
1Y CHG
27%
2Y CAGR
21.4%
3Y CAGR
17.5%
5Y CAGR
15.2%
7Y CAGR
12.8%
10Y CAGR
11.2%
Total Assets Annual growth is higher than historical averages.
Total Current Liabilities Ann.
1Y CHG
18.5%
2Y CAGR
11.8%
3Y CAGR
10.6%
5Y CAGR
18.5%
7Y CAGR
17.7%
10Y CAGR
11.1%
Total Current Liabilities Annual Cr growth is stable compared to historical averages.
Total ShareHolders Funds Ann.
1Y CHG
37.4%
2Y CAGR
35.4%
3Y CAGR
30.2%
5Y CAGR
18%
7Y CAGR
12%
10Y CAGR
11.2%
Total ShareHolders Funds Annual growth is higher than historical averages.

Force Motors ROE, ROCE, book value, and debt-to-equity ratio as of Mar 2026 – 11 year history

  • POSITIVE

    Book Value Per Share Force Motors Mar-2026 Book Value Per Share is 3,235 Rs which is growth of 37.4% YoY.

  • POSITIVE

    ROE Force Motors Mar-2026 ROE is 28% which is growth of 2.6% YoY.

Force Motors Ltd., Ratios, standalone, All financials are in INR Cr and price data in INR
IndicatorGraphCAGR 3 YrsCAGR 5 YrsMar '26Mar '25Mar '24Mar '23Mar '22Mar '21Mar '20Mar '19Mar '18Mar '17Mar '16
BVSH Ann.
30.2%
18%
3,235.32,354.81,764.91,466.21,355.81,411.61,4991,4681,364.81,263.61,123.3
RoA Ann. %
70%
-
18.33%15.37%8.95%3.73%-2.01%-3.43%1.87%5.18%5.83%6.91%7.82%
ROE Ann. %
53.4%
-
28.40%25.77%17.26%7.86%-4.17%-6.01%2.94%7.60%8.16%10.80%12.11%
ROCE Ann. %
69.6%
-
28.66%24.98%23.90%5.88%-2.99%-5.70%5.31%9.58%11.26%14.10%16.07%
⌄
           
⌄
           
⌄
           
Total Debt to Total Equity Ann.
-
-
 00.20.50.60.30.10.1 0.1 
*All financials are in INR Cr and price data in INR
ROE Ann. %
1Y CHG
10.2%
2Y CAGR
28.3%
3Y CAGR
53.4%
7Y CAGR
20.7%
10Y CAGR
8.9%
ROE Annual % is growing slower than historical averages.
RoA Ann. %
1Y CHG
19.3%
2Y CAGR
43.1%
3Y CAGR
70%
7Y CAGR
19.8%
10Y CAGR
8.9%
RoA Annual % is growing slower than historical averages.
Current Ratio Ann.
1Y CHG
26.7%
2Y CAGR
20.9%
3Y CAGR
23.9%
5Y CAGR
13.7%
7Y CAGR
1.6%
10Y CAGR
1.1%
Current Ratio Annual growth is higher than historical averages.

Force Motors cash flow: net, operating, investing, and financing flows as of Mar 2026 – 11 year history

  • POSITIVE

    Cash From Operating Activity Force Motors Mar-2026 Cash From Operating Activity is Rs 1,297 Cr which is growth of 33.5% YoY.

  • POSITIVE

    Net Cash Flow Force Motors Mar-2026 Net Cash Flow is Rs 323 Cr which is growth of 457.2% YoY.

Force Motors Ltd., Cash Flow, standalone, All financials are in INR Cr and price data in INR
IndicatorGraphCAGR 3 YrsCAGR 5 YrsMar '26Mar '25Mar '24Mar '23Mar '22Mar '21Mar '20Mar '19Mar '18Mar '17Mar '16
34.6%
183.3%
1,296.7971.11,011.2531.518.27.1408.9312256.5470.6263.3
Cash from Investing Act. Ann.
-
-
-899.8-351.2-197.5-256.5-363.6-332.6-327.4-605.6-80.6-620.8-210
Cash from Financing Act. Ann.
-
-
-73.4-561.8-509.2-206.9382.6293.5-19.7256.3-222.9180.2-36.2
68.1%
-
323.558.1304.568.137.2-32.161.8-37.3-473017.1
*All financials are in INR Cr and price data in INR
Cash from Operating Act. Ann.
1Y CHG
33.5%
2Y CAGR
13.2%
3Y CAGR
34.6%
5Y CAGR
183.3%
7Y CAGR
22.6%
10Y CAGR
17.3%
Cash from Operating Activity Annual growth is stable compared to historical averages.

Force Motors investor presentations, annual reports, credit ratings, and earnings calls with AI summary, video, and audio access