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NSE · FORCEMOT

Force Motors Limited

₹18968
₹24,993 Cr market cap
P/E
23.95
EPS
₹791.89
Book value
₹3519.83
ROE
22.5%
ROCE
30.2%
Debt / equity
0

Revenue & net profit by period

Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.

02292458468769168Mar 25Jun 25Sep 25Dec 25Mar 26Mar 26Jun 26Sep 26
Revenue (₹ Cr) Net profit (₹ Cr)

Latest period: revenue ₹2,925 Cr with net profit ₹291 Cr — a 9.97% net margin, versus 8.69% the period before.

Shareholding

As of 2026-09-30

61.63%
promoter holding
  • Promoter61.63%
  • Public28.79%
  • FII7.09%
  • DII2.49%

1,06,263 shareholders on record

Promoter holding trend

Each disclosed period, oldest to newest

61.63%61.63%Dec 24Sep 26

52-week position

Where the current price sits in its yearly band

₹16184₹18968₹26450

The band spans 1.63× from low to high.

Risk flags

Derived from disclosed data

No flags raised by the data.

Peer comparison

Automobiles - LCVs / HCVs · ranked #3 of 7 by market cap · medians across 6 industry peers

P/E
23.95vs 49.62 peer med
P/B
5.39vs 8.67 peer med
ROE %
22.5vs 19.42 peer med
Margin %
11.9vs 5.43 peer med
CompanyMkt capP/EP/BROEMargin
Tata Motors Limited₹1,56,704 Cr21.9210.2546.77%6.75%
Ashok Leyland Ltd.₹1,01,083 Cr27.027.0924.37%6.05%
Force Motors Limited(this company)₹24,993 Cr23.955.3822.5%11.9%
Olectra Greentech Limited₹8,424 Cr47.496.8914.46%6.98%
SML Mahindra Limited₹7,611 Cr51.7513.5626.26%4.8%
Keto Motors Limited₹1,173 Cr4162.519.94-0.37%3.06%
Azad India Mobility Ltd.₹389 Cr128.453.04-0.6%-0.95%

AI analysis

AI-generated · google/gemini-2.5-flash

Force Motors Limited has a market capitalization of Rs 23290 Cr. The company reported revenue of Rs 8128.29 Cr and an EPS of 606.96. Its 52-week high was Rs 26450 and its 52-week low was Rs 14911. The promoter holding stands at 61.6286%.

Positives

  • +The debt-to-equity ratio is low at 0.1.
  • +Promoter pledge is 0%, indicating no shares have been pledged.
  • +Return on Capital Employed (ROCE) is 31.1255%, suggesting efficient use of capital.
  • +Return on Equity (ROE) is 20.3%.

Negatives

  • −The number of shareholders has increased from 65342 in Dec 2018 to 94439 in Jun 2026, indicating broader distribution which can sometimes lead to volatility.
  • −DII holding has decreased from 3.382% in Dec 2018 to 1.4631% in Jun 2026.
  • −Revenue growth information is not available.

Financial Performance

The company recorded a revenue of Rs 8128.29 Cr. Net profit for the quarter ending Mar 2026 was Rs 278.52 Cr, based on a revenue of Rs 2549.84 Cr. For the quarter ending Dec 2025, net profit was Rs 406.11 Cr on a revenue of Rs 2128.56 Cr. For the quarter ending Sept 2025, net profit was Rs 350.67 Cr on a revenue of Rs 2081.4 Cr. Net profit for the quarter ending Jun 2025 was Rs 176.33 Cr on a revenue of Rs 2297.25 Cr. Net profit for the quarter ending Mar 2025 was Rs 434.71 Cr on a revenue of Rs 2356.01 Cr.

Profitability & Returns

Force Motors Limited reported a Return on Equity (ROE) of 20.3% and a Return on Capital Employed (ROCE) of 31.1255%. The company's Earnings Per Share (EPS) is 606.96.

Balance Sheet

The company maintains a debt-to-equity ratio of 0.1, indicating a low level of debt relative to its equity. The book value per share is Rs 2354.8.

Ownership & Pledges

Public shareholding is 27.3918%. There are no pledged shares by the promoters, with promoter pledge at 0%.

Data as of — price: 2026-11-07 · financials: Sep 26 · shareholding: Sep 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.

How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.

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