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

The Revenues of FORCE MOTORS have increased by 15.44% YoY .
The Earnings Per Share (EPS) of FORCE MOTORS has increased by 51.31 % YoY.
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FORCE MOTORS Last 5 Annual Financial Results
[BOM: 500033|NSE : FORCEMOT]

ConsolidatedMar2026
Mar2025
Mar2024
Mar2023
Mar2022
Revenues ₹8,072 Cr₹6,992 Cr₹5,029 Cr₹3,240 Cr₹1,988 Cr
Expenses ₹6,979 Cr₹6,083 Cr₹4,699 Cr₹3,173 Cr₹1,975 Cr
Operating Profit (Excl OI) ₹1,093 Cr₹909 Cr₹330 Cr₹67 Cr₹13 Cr
Other Income ₹57 Cr₹39 Cr₹62 Cr₹52 Cr₹25 Cr
Interest ₹26 Cr₹62 Cr₹68 Cr₹41 Cr₹28 Cr
Depreciation ₹280 Cr₹267 Cr₹241 Cr₹191 Cr₹174 Cr
Profit Before Tax ₹1,238 Cr₹605 Cr₹272 Cr₹-130 Cr₹-176 Cr
Profit After Tax ₹801 Cr₹388 Cr₹134 Cr₹-91 Cr₹-124 Cr
Consolidated Net Profit ₹801 Cr₹388 Cr₹134 Cr₹-91 Cr₹-124 Cr
Earnings Per Share (Rs)₹919.29₹607.54₹294.45₹101.40₹-69.10
PAT Margin (%)13.389.925.552.66-2.81
ROE(%)33.5330.2918.807.38-5.08
ROCE(%)41.9343.3623.7912.07-3.35
Total Debt/Equity(x)0.000.010.230.510.61

Key Financials

Market Cap : ₹ 22,176.0 Cr
Revenue (TTM) : ₹ 9,199.8 Cr
Net Profit(TTM) : ₹ 1,238.1 Cr
EPS (TTM) : ₹ 937.9
P/E (TTM) : 17.9

Industry Peers & Returns1W1M1Y
FORCE MOTORS -3.2% -5.3% -3.9%
ASHOK LEYLAND -5.1% -11.4% 9.9%
OLECTRA GREENTECH -9.2% -12.1% -29.6%


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

Y-o-Y

15.44 %

5 Yr CAGR

41.95 %

Years Revenues % Change
Mar2026 ₹8,072 Cr
15.44
Mar2025 ₹6,992 Cr
39.04
Mar2024 ₹5,029 Cr
55.20
Mar2023 ₹3,240 Cr
62.98
Mar2022 ₹1,988 Cr -


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

Y-o-Y

20.25 %

5 Yr CAGR

202.21 %

Years Operating Profit % Change
Mar2026 ₹1,093 Cr
20.25
Mar2025 ₹909 Cr
175.52
Mar2024 ₹330 Cr
391.30
Mar2023 ₹67 Cr
412.44
Mar2022 ₹13 Cr -

Operating Margins
Y-o-Y

4.15 %

5 Yr CAGR

112.82 %

Years Operating Margin% % Change
Mar2026 13.54%
4.15
Mar2025 13%
98.17
Mar2024 6.56%
216.91
Mar2023 2.07%
213.64
Mar2022 0.66% -

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

Y-o-Y

106.33 %

5 Yr CAGR

Positive

Years Profit After Tax % Change
Mar2026 ₹801 Cr
106.33
Mar2025 ₹388 Cr
190.40
Mar2024 ₹134 Cr
Positive
Mar2023 ₹-91 Cr
Negative
Mar2022 ₹-124 Cr -

PAT Margins
Y-o-Y

34.88 %

5 Yr CAGR

Positive

Years PAT Margin(%) % Change
Mar2026 13.38 %
34.88
Mar2025 9.92 %
78.74
Mar2024 5.55 %
108.65
Mar2023 2.66 %
Positive
Mar2022 -2.81 % -

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

Y-o-Y

51.31 %

5 Yr CAGR

Positive

Years EPS % Change
Mar2026 ₹919
51.31
Mar2025 ₹608
106.33
Mar2024 ₹294
190.38
Mar2023 ₹101
Positive
Mar2022 ₹-69 -

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

Y-o-Y

-3.30 %

5 Yr CAGR

Positive

Years ROCE % Change
Mar2026 41.93%
-3.30
Mar2025 43.36%
82.26
Mar2024 23.79%
97.10
Mar2023 12.07%
Positive
Mar2022 -3.35% -

FORCE MOTORS Share Price vs Sensex

Current Share Price : ₹16,800.0
Current MarketCap: ₹ 22,176.0 Cr
Updated EOD on :Oct 01,2026

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

-3.2%

-5.3%

-3.9%

SENSEX

-2.3%

-6.6%

-12%

FORCE MOTORS related INDICES

BSE Indices1W1M1Y
BSE 500 QUALITY 50 -2.8% -6.7% -3%
BSE 1000 -2.9% -6.2% -5%
BSE 500 -3% -6.5% -6%
BSE 250 SMALLCAP INDEX -3.3% -4.4% 0.7%
BSE 400 MIDSMALLCAP INDEX -3.6% -6.5% -0.3%

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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 15.44% YoY .

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

The Earnings Per Share (EPS) of FORCE MOTORS has increased by 51.31 % YoY .


Compare Stock Analytics of Peers of FORCE MOTORS
ASHOK LEYLAND LTD vs FORCE MOTORS LTD vs OLECTRA GREENTECH LTD