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FORCE MOTORS Financial Statement Analysis
[BOM: 500033|NSE : FORCEMOT]

The Revenues of FORCE MOTORS have increased by 39.04% YoY .
The Earnings Per Share (EPS) of FORCE MOTORS has increased by 106.33 % YoY.
REVENUES
OPERATING MARGIN
PROFIT AFTER TAX
EPS
ROCE

FORCE MOTORS Last 5 Annual Financial Results
[BOM: 500033|NSE : FORCEMOT]

ConsolidatedMar2025
Mar2024
Mar2023
Mar2022
Mar2021
Revenues ₹6,992 Cr₹5,029 Cr₹3,240 Cr₹1,988 Cr₹3,081 Cr
Expenses ₹6,083 Cr₹4,699 Cr₹3,173 Cr₹1,975 Cr₹2,812 Cr
Operating Profit (Excl OI) ₹909 Cr₹330 Cr₹67 Cr₹13 Cr₹269 Cr
Other Income ₹39 Cr₹62 Cr₹52 Cr₹25 Cr₹43 Cr
Interest ₹62 Cr₹68 Cr₹41 Cr₹28 Cr₹28 Cr
Depreciation ₹267 Cr₹241 Cr₹191 Cr₹174 Cr₹195 Cr
Profit Before Tax ₹605 Cr₹272 Cr₹-130 Cr₹-176 Cr₹42 Cr
Profit After Tax ₹388 Cr₹134 Cr₹-91 Cr₹-124 Cr₹50 Cr
Consolidated Net Profit ₹388 Cr₹134 Cr₹-91 Cr₹-124 Cr₹50 Cr
Earnings Per Share (Rs)₹607.54₹294.45₹101.40₹-69.10₹-93.80
PAT Margin (%)9.925.552.66-2.81-6.21
ROE(%)30.2918.807.38-5.08-6.50
ROCE(%)43.3623.7912.07-3.35-6.21
Total Debt/Equity(x)0.010.230.510.610.35

Key Financials

Market Cap : ₹ 23,109.2 Cr
Revenue (TTM) : ₹ 8,624.2 Cr
Net Profit(TTM) : ₹ 1,074.8 Cr
EPS (TTM) : ₹ 814.2
P/E (TTM) : 21.5

Industry Peers & Returns1W1M1Y
FORCE MOTORS 3% 0.3% 160.1%
TATA MOTORS -9.3% -9% -52.8%
ASHOK LEYLAND -3.4% 8.1% 35.4%
OLECTRA GREENTECH -2.5% -2.7% -3.2%
SML ISUZU -2.1% -4.3% 75.3%


FORCE MOTORS Revenues
[BOM: 500033|NSE : FORCEMOT]

Y-o-Y

39.04 %

5 Yr CAGR

22.74 %

Years Revenues % Change
Mar2025 ₹6,992 Cr
39.04
Mar2024 ₹5,029 Cr
55.20
Mar2023 ₹3,240 Cr
62.98
Mar2022 ₹1,988 Cr
-35.46
Mar2021 ₹3,081 Cr -


FORCE MOTORS Operating Profit
[BOM: 500033|NSE : FORCEMOT]

Y-o-Y

175.52 %

5 Yr CAGR

35.59 %

Years Operating Profit % Change
Mar2025 ₹909 Cr
175.52
Mar2024 ₹330 Cr
391.30
Mar2023 ₹67 Cr
412.44
Mar2022 ₹13 Cr
-95.13
Mar2021 ₹269 Cr -

Operating Margins
Y-o-Y

98.17 %

5 Yr CAGR

10.47 %

Years Operating Margin% % Change
Mar2025 13%
98.17
Mar2024 6.56%
216.91
Mar2023 2.07%
213.64
Mar2022 0.66%
-92.44
Mar2021 8.73% -

FORCE MOTORS Profit After Tax
[BOM: 500033|NSE : FORCEMOT]

Y-o-Y

190.40 %

5 Yr CAGR

66.77 %

Years Profit After Tax % Change
Mar2025 ₹388 Cr
190.40
Mar2024 ₹134 Cr
Positive
Mar2023 ₹-91 Cr
Negative
Mar2022 ₹-124 Cr
Negative
Mar2021 ₹50 Cr -

PAT Margins
Y-o-Y

78.74 %

5 Yr CAGR

Positive

Years PAT Margin(%) % Change
Mar2025 9.92 %
78.74
Mar2024 5.55 %
108.65
Mar2023 2.66 %
Positive
Mar2022 -2.81 %
Negative
Mar2021 -6.21 % -

FORCE MOTORS Earnings Per Share (EPS)
[BOM: 500033|NSE : FORCEMOT]

Y-o-Y

106.33 %

5 Yr CAGR

Positive

Years EPS % Change
Mar2025 ₹608
106.33
Mar2024 ₹294
190.38
Mar2023 ₹101
Positive
Mar2022 ₹-69
Negative
Mar2021 ₹-94 -

FORCE MOTORS Return on Capital Employed (ROCE)
[BOM: 500033|NSE : FORCEMOT]

Y-o-Y

82.26 %

5 Yr CAGR

Positive

Years ROCE % Change
Mar2025 43.36%
82.26
Mar2024 23.79%
97.10
Mar2023 12.07%
Positive
Mar2022 -3.35%
Negative
Mar2021 -6.21% -

FORCE MOTORS Share Price vs Sensex

Current Share Price : ₹17,507.0
Current MarketCap: ₹ 23,109.2 Cr
Updated EOD on :Nov 20,2025

Share Price Returns(%) 1 Week 1 Month 1 Year
FORCE MOTORS

3%

0.3%

160.1%

SENSEX

1.4%

2%

10.2%

FORCE MOTORS related INDICES

BSE Indices1W1M1Y
BSE ALLCAP 6.4% 8.9% 7.5%
BSE MIDSMALLCAP 4.7% 9% 8.4%
BSE CONSUMER DISCRETIONARY & SERVICES 0.4% -0.7% 6.3%
BSE SMALLCAP -0.8% -0.7% 1.4%
NSE Indices1W1M1Y
NIFTY 500 0.7% 1.6% 9.4%
NIFTY TOTAL MARKET 0.6% 1.5% 9.1%
NIFTY500 MULTICAP 50:25:25 0.4% 1.3% 8.5%
NIFTY500 LARGEMIDSMALL EQUAL-CAP WEIGHTED INDEX 0.2% 1.2% 8%
NIFTY MIDSMALLCAP 400 0% 1.6% 8.2%

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FAQ about FORCE MOTORS Financials


How the annual revenues of FORCE MOTORS have changed ?

The Revenues of FORCE MOTORS have increased by 39.04% YoY .

How the Earnings per Share (EPS) of FORCE MOTORS have changed?

The Earnings Per Share (EPS) of FORCE MOTORS has increased by 106.33 % YoY .