Force Motors Ltd Financial Statements & Historical Data

Updated NSE: FORCEMOTBSE: 500033
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Force Motors Ltd: Earnings grew faster than sales in the quarter ending Jun 2026. Sales rose 6.2% to ₹2,440 crore against Jun 2025. Net profit rose 23.3% to ₹217 crore against the same period a year earlier. Operating margin fell from 14.1% to 13.4% (0.6 percentage points lower). For the full year ending Mar 2026, operating margin improved to 16.4%.

Calculated from the stored statements below · Reporting periods remain separate
COMPANY FINANCIAL DATA

Market snapshot

Stored figures, not live quotes. Price record: 8 October 2026, 6:16 pm +05:30. Financial reporting periods are shown in the tables below.

Stored share price16,703₹ per share
Reported P/E20.0Times
Book value per share3,183₹ per share
Reported ROCE36.0 %Reported return

Stored market and accounting figures

Price record: 8 October 2026, 6:16 pm +05:30. Not a live quote.

MeasureStored figure
Market Cap22,016 Cr.
Current Price16,703
High / Low26,486/14,911
Stock P/E20.0
Book Value3,183
Dividend Yield0.30 %
ROCE36.0 %
ROE26.1 %
Face Value10.0

Market cap is in ₹ crore; prices and per-share values are in ₹. P/E is a multiple; yield, ROCE and ROE are percentages. Book value is an accounting figure, not an estimate of the share's investment value.

Data sources and reporting basis

Sources: Company data source. Check the company filings linked by the source for the reporting basis and exceptional items.

Different tables can have different reporting dates and accounting bases. Verify the company filings before comparing figures. Missing data is not treated as zero.

How Getaka handles sources, dates and corrections. Page revision dates describe the page, not the age of every financial figure.

DAILY STORED OBSERVATIONS

Share price history

₹ per share

Last stored price for each available date, not a live quote or an official closing-price series. Missing dates are not filled. Verify corporate-action adjustments against the source.

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EARNINGS

Quarterly performance

Jun 2026

Earnings grew faster than sales in the quarter ending Jun 2026. Sales rose 6.2% to ₹2,440 crore against Jun 2025. Net profit rose 23.3% to ₹217 crore against the same period a year earlier. Operating margin fell from 14.1% to 13.4% (0.6 percentage points lower). Less operating profit was retained from each rupee of sales; compare the expense rows before attributing the change to a cause.

Sales, expenses & profits

₹ crore

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Quarterly statementAll reported figures · use a chart icon for peer comparison

Quarterly Chart Table

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales 1,4881,8021,6922,0111,8851,9411,8892,3562,2972,0812,1292,5502,440
Expenses 1,3101,5811,4771,7331,6401,6641,6582,0271,9741,7191,7552,1362,112
Operating Profit 177221215279245277232329323363374414328
OPM % 12%12%13%14%13%14%12%14%14%17%18%16%13%
Other Income 1194181592041825262413943
Interest 18161414954700030
Depreciation 63676868696971727071737277
Profit before tax 107147137214182211177668278317543378293
Tax % 36%36%37%35%36%36%35%35%36%-11%25%26%26%
Net Profit 699485140116135115435176351406279217
EPS in Rs 52.0671.2464.81106.4587.81102.4787.51329.92133.82266.14308.21211.38164.36

Last Updated: September 29, 2026, 6:41 am

EARNINGS

Annual performance

Mar 2026

Earnings grew faster than sales in the year ending Mar 2026. Sales rose 12.2% to ₹9,057 crore against Mar 2025. Net profit rose 51.3% to ₹1,212 crore against the same period a year earlier. Operating margin rose from 13.6% to 16.4% (2.8 percentage points higher). More operating profit was retained from each rupee of sales; check whether that improvement holds across other reporting periods.

Sales, expenses & profits

₹ crore

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PER-SHARE EARNINGS

Earnings per share

Reported annual earnings per share use ₹ per share, while the earnings charts use ₹ crore. Changes in share count and corporate actions can affect the comparison between years.

Earnings per share

₹ per share

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Annual statementAll reported figures · use a chart icon for peer comparison

Profit & Loss Chart Table

Last Updated: October 12, 2026, 6:25 am

MetricMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales 2,3643,0253,0693,4233,6523,0811,9883,2405,0296,9928,0729,0579,200
Expenses 2,2172,7512,8013,1553,3782,8201,9643,1904,7166,0966,9737,5737,721
Operating Profit 14727426826827526124503138971,0991,4841,479
OPM % 6%9%9%8%8%8%1.2%1.6%6%13%14%16%16%
Other Income 6671866982325226837446321349
Interest 75671528284168622633
Depreciation 8192113129151195174191241267280286293
Profit before tax 12524923520119042-176-1302726051,2381,5161,531
Tax % 19%28%23%27%25%-20%-30%-30%51%36%35%20%
Net Profit 10217918014714350-124-911343888011,2121,252
EPS in Rs 77.06135.77136.68111.66108.7838.08-93.83-69.12101.42294.54607.71919.55950.09
Dividend Payout % 6%7%7%9%9%26%-5%-14%10%7%7%5%
Year-on-year profit growth table

YoY Net Profit Growth

Year2015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-20252025-2026
YoY Net Profit Growth (%)75.49%0.56%-18.33%-2.72%-65.03%-348.00%26.61%247.25%189.55%106.44%51.31%
Change in YoY Net Profit Growth (%)0.00%-74.93%-18.89%15.61%-62.31%-282.97%374.61%220.64%-57.70%-83.11%-55.13%

Growth

Compounded Sales Growth
10 Years:13%
5 Years:21%
3 Years:36%
TTM:15%
Compounded Profit Growth
10 Years:18%
5 Years:47%
3 Years:100%
TTM:39%
Stock Price CAGR
10 Years:24%
5 Years:74%
3 Years:138%
1 Year:126%
Return on Equity
10 Years:8%
5 Years:8%
3 Years:15%
Last Year:21%

Last Updated: September 5, 2025, 3:30 pm

CASH & FUNDING

Balance sheet

Mar 2026

Reported borrowings stood at ₹0.00 crore in Mar 2026. They decreased from ₹17 crore in Mar 2025 (100.0% lower). Read the borrowing notes, repayment schedule and cash-flow statement together; the borrowing balance alone does not establish liquidity or repayment capacity.

Reserves & borrowings

₹ crore

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Balance-sheet statementAll reported figures · use a chart icon for peer comparison

Balance Sheet Data Table

Last Updated: October 4, 2026, 11:15 pm

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital 131313131313131313131313
Reserves 1,3061,4761,6541,7881,9201,9521,8251,7351,8622,2423,0204,181
Borrowings 111419902863106421,069955524170
Other Liabilities 6458017387226178237578441,1841,6352,0832,343
Total Liabilities 1,9752,3052,6042,5232,8363,0983,2383,6614,0134,4155,1346,538
Fixed Assets 6387869119481,2161,4001,2242,0332,0942,0311,9691,921
CWIP 240205220369372445725302154171287536
Investments 0149102378100111979110398
Other Assets 1,0971,3001,4631,1961,2251,1751,1891,2151,6682,1212,7753,981
Total Assets 1,9752,3052,6042,5232,8363,0983,2383,6614,0134,4155,1346,538
CASH & FUNDING

Cash generation

Mar 2026

Operating activities generated ₹1,297 crore in Mar 2026. Reported free cash flow for the same period was ₹761 crore. Positive operating cash flow shows cash generated by operations in this period; examine its consistency and the capital expenditure needed to sustain the business. Operating cash flow was equivalent to 107.0% of the ₹1,212 crore reported annual profit for the same year ending Mar 2026, before capital expenditure.

Operating & free cash flow

₹ crore

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Cash-flow statementAll reported figures · use a chart icon for peer comparison

Cash Flows

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity + 2262564712563144097185321,0149711,297
Cash from Investing Activity + -96-210-621-81-606-327-333-356-256-198-351-900
Cash from Financing Activity + -45-37180-223256-20293375-207-509-562-73
Net Cash Flow 85930-47-3562-32376830858324
Free Cash Flow 10919236-62-183-49-445-315274810606761
CFO/OP 176%107%198%106%131%163%41%32%171%130%108%116%
Free cash flowAll reported figures · use a chart icon for peer comparison

Free Cash Flow Table

Free cash flow reported in the stored cash-flow statement (₹ Cr)
PeriodMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Free Cash Flow109.0019.00236.00-62.00-183.00-49.00-445.00-315.00274.00810.00606.00761.00

This table and the chart use the Free Cash Flow row from the same stored cash-flow statement. Free cash flow generally measures operating cash flow after capital expenditure; check the source definition and reporting basis. It is not operating profit minus borrowings.

OPERATING CYCLE

Capital efficiency

Mar 2025

Financial efficiency feed. Source: www.screener.in. The source URL identifies consolidated accounts. Values from separate feeds can differ, even for the same period; they are not interchangeable. Use each table’s period labels. Data methodology.

Working-capital days were 16 in Mar 2025. That is 18 days higher than the same annual period a year earlier. Compare collection, inventory and payment cycles within this feed to understand the movement; these measures do not identify the cause by themselves.

Working capital

Days

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CAPITAL RETURNS

Returns on capital & equity

Financial efficiency feed. Source: www.screener.in. The source URL identifies consolidated accounts. Values from separate feeds can differ, even for the same period; they are not interchangeable. Use each table’s period labels. Data methodology.

Returns on capital & equity

%

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Efficiency tableAll reported figures · use a chart icon for peer comparison

Financial Efficiency Data Table

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 2417181426172023211458
Inventory Days 9787927368669113689778373
Days Payable 7787708081529510872696148
Cash Conversion Cycle 44174061331155238222732
Working Capital Days 2415233043436-5-37-6-216
ROCE %6%10%18%14%11%10%5%-5%-3%5%24%30%
SHAREHOLDERS

Ownership trends

Jun 2026

Promoters held 61.63% in Jun 2026. Their share was unchanged from Jun 2025. Ownership percentages can change through share issuance as well as transactions. Check exchange disclosures for the explanation and any pledging; the percentage alone is not evidence of investor conviction. FIIs held 9.51% in Jun 2026, 0.26 percentage points below their holding in Jun 2025. DIIs held 1.46% in Jun 2026, 0.20 percentage points below their holding in Jun 2025.

Shareholding comparison

%

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SHAREHOLDER PARTICIPATION

Shareholder count

Shareholder count

Shareholders

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Ownership tableAll reported figures · use a chart icon for peer comparison

Shareholding Pattern

MonthSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters 61.63%61.63%61.63%61.63%61.63%61.63%61.63%61.63%61.63%61.63%61.63%61.63%
FIIs 4.94%4.91%6.34%7.78%7.89%8.15%8.36%9.77%10.27%10.46%10.93%9.51%
DIIs 1.59%1.20%0.86%1.02%0.92%0.90%1.43%1.66%1.48%1.80%1.75%1.46%
Public 31.86%32.27%31.16%29.57%29.56%29.30%28.58%26.94%26.63%26.12%25.69%27.39%
No. of Shareholders 48,08647,55647,74251,90956,04459,20756,16459,41972,33471,87078,75094,439
Mutual fund holdingsReported fund ownership · Expand table

Mutual Fund Holdings Data Table

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Sundaram Flexicap Fund 21,500 2.14 42.7921,0002026-06-11 10:30:112.38%
Sundaram Value Fund 19,735 2.97 39.28N/AN/AN/A
Sundaram ELSS Tax Saver Fund 14,000 2.15 27.8739,0002025-10-30 05:55:10-64.1%
WhiteOak Capital Flexi Cap Fund 140 0 0.2812,1402026-06-11 10:30:11-98.85%
ALTERNATE FEED

Financial ratios

Alternate ratio feed. Source: www.way2wealth.com. The accounting basis and ratio definitions require verification against the source. Values from separate feeds can differ, even for the same period; they are not interchangeable. Use each table’s period labels. Data methodology.

Each card groups related ratios with the same unit. Reporting dates remain visible for every measure; the original ratio table follows the charts.

ALTERNATE RATIO FEED

Profitability ratios

%

Profitability ratios

%

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ALTERNATE RATIO FEED

Liquidity ratios

Multiple (×)

Liquidity ratios

Multiple (×)

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ALTERNATE RATIO FEED

Distributions & retention

%

Distributions & retention

%

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ALTERNATE RATIO FEED

Interest coverage

Multiple (×)

Interest coverage

Multiple (×)

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ALTERNATE RATIO FEED

Valuation multiples

Multiple (×)

Valuation multiples

Multiple (×)

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Supporting ratio tableAll reported figures · use a chart icon for peer comparison

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 607.71294.54101.43-69.13-93.83
Diluted EPS (Rs.) 607.71294.54101.43-69.13-93.83
Cash EPS (Rs.) 819.86507.43298.2488.4847.10
Book Value[Excl.RevalReserv]/Share (Rs.) 2301.541712.711424.221327.661395.85
Book Value[Incl.RevalReserv]/Share (Rs.) 2301.541712.711424.221327.661395.85
Revenue From Operations / Share (Rs.) 6124.235305.113815.612458.591508.49
PBDIT / Share (Rs.) 871.99719.11297.3090.3028.82
PBIT / Share (Rs.) 659.36516.72114.64-54.58-102.94
PBT / Share (Rs.) 939.10469.57220.80-85.71-124.36
Net Profit / Share (Rs.) 607.24305.04115.58-56.39-84.67
NP After MI And SOA / Share (Rs.) 607.54294.45101.40-69.10-93.80
PBDIT Margin (%) 14.2313.557.793.671.91
PBIT Margin (%) 10.769.743.00-2.21-6.82
PBT Margin (%) 15.338.855.78-3.48-8.24
Net Profit Margin (%) 9.915.743.02-2.29-5.61
NP After MI And SOA Margin (%) 9.925.552.65-2.81-6.21
Return on Networth / Equity (%) 26.3917.207.12-5.21-6.72
Return on Capital Employeed (%) 25.4924.506.03-3.02-5.73
Return On Assets (%) 15.598.793.32-2.48-3.81
Long Term Debt / Equity (X) 0.000.160.310.340.26
Total Debt / Equity (X) 0.010.230.500.610.28
Asset Turnover Ratio (%) 1.691.661.300.930.62
Current Ratio (X) 1.501.251.040.801.01
Quick Ratio (X) 0.800.530.480.300.37
Inventory Turnover Ratio (X) 6.885.265.374.322.74
Dividend Payout Ratio (NP) (%) 3.293.399.86-7.23-10.66
Dividend Payout Ratio (CP) (%) 2.432.013.526.5926.33
Earning Retention Ratio (%) 96.7196.6190.14107.23110.66
Cash Earning Retention Ratio (%) 97.5797.9996.4893.4173.67
Interest Coverage Ratio (X) 44.4315.255.732.901.35
Interest Coverage Ratio (Post Tax) (X) 16.687.470.18-0.81-2.95
Enterprise Value (Cr.) 11434.789625.282352.962346.332030.17
EV / Net Operating Revenue (X) 1.421.380.460.721.02
EV / EBITDA (X) 9.9510.166.0019.7253.44
MarketCap / Net Operating Revenue (X) 1.481.370.300.410.77
Retention Ratios (%) 96.7096.6090.13107.23110.66
Price / BV (X) 3.934.230.810.770.83
Price / Net Operating Revenue (X) 1.481.370.300.410.77
EarningsYield 0.060.040.08-0.06-0.08

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Force Motors Ltd 22,016 Cr. 16,703 26,486/14,91120.0 3,1830.30 %36.0 %26.1 % 10.0
SML Mahindra Ltd (SML ISUZU Ltd) 8,861 Cr. 6,139 6,909/2,70056.7 3590.38 %30.9 %35.4 % 10.0
Olectra Greentech Ltd 8,776 Cr. 1,070 1,574/86749.5 1500.06 %21.0 %15.6 % 4.00
Ashok Leyland Ltd 85,182 Cr. 145 215/13422.9 24.22.41 %13.6 %27.4 % 1.00
Tata Motors Ltd 1,47,974 Cr. 402 538/3246.84 3161.49 %20.0 %28.1 % 2.00
Industry Average54,561.80 Cr4,891.8031.19806.440.93%24.30%26.52%5.40

All Competitor Stocks of Force Motors Ltd