Track Force Motors live share price with 52 week high and low, chart views, quick fundamentals, financial statements, ratios, peer comparison, dividends, bonuses/splits and beginner-friendly company details.
Switch between 1 Day, 5 Day, 1 Month and 1 Year chart views. Market data can be delayed or temporarily unavailable depending on the feed.
These metrics help beginners understand the stock at a glance. Live market values may differ from exchange pages, so verify the latest price, 52 week high/low, market capitalization and ratios from NSE, BSE and official company filings.
Force Motors Ltd is an Indian automobile manufacturer associated with shared passenger mobility, light commercial vehicles, utility vehicles, special application vehicles, the Gurkha off-road SUV, automotive aggregates and engine-related manufacturing. Its portfolio is useful for customers who need people movers, fleet vehicles, institutional transport, emergency transport and rugged mobility solutions.
For customers, the important questions are practical: Does the vehicle fit the route and passenger load? Is service support available nearby? What is the total cost of ownership? For investors, the important questions are financial: Are volumes growing, are margins improving, is cash flow healthy and is the balance sheet strong?
Force Motors should be studied as a cyclical auto company with niche positions in vans, shared mobility and specialized vehicles. The stock price can move sharply with earnings, auto demand, raw material costs, product launches, volumes and broader market sentiment.
Investors usually monitor Traveller and Urbania demand, Gurkha acceptance, special vehicle orders, engine and aggregate business performance, operating margin, cash flow, return ratios, working capital and management commentary. Always verify the latest segment details from the annual report and exchange filings.
Force Motors makes money by designing, manufacturing and selling vehicles and automotive aggregates. Its customer base includes individual buyers, fleet operators, schools, hospitals, tourism operators, institutions, government-related buyers and businesses that need transport solutions.
The company benefits when demand for shared mobility, employee transport, school transport, ambulances, premium vans, utility vehicles and specialized applications improves. It can also benefit from better operating leverage when production volumes rise faster than fixed costs.
Important business risks include competition, raw material inflation, emission and safety regulations, fuel technology shifts, execution of new platforms, customer concentration in any activity, export volatility and cyclicality in commercial vehicle demand.
This section explains the company in customer language. It is not a recommendation. Product availability, prices, specifications and segment disclosures should be verified from official Force Motors pages, dealer communication and exchange filings.
| Business area | Customer use case | What to monitor |
|---|---|---|
| Traveller and shared mobility vans | Employee transport, tourism, school vans, ambulances and people movement | Domestic volumes, fleet demand, margin, service network and replacement cycle |
| Urbania | Premium passenger mobility and commercial people movement | Scale-up pace, variant mix, customer acceptance and pricing power |
| Trax and utility vehicles | Rural mobility, cargo, school, emergency and fleet usage | Durability perception, fleet demand and competitive positioning |
| Gurkha | Lifestyle and off-road SUV customers | Product refreshes, demand sustainability, dealer reach and competition |
| Monobus and special applications | School transport, institutional transport, troop carriers, medical and emergency vehicles | Order flow, tender demand and body-conversion execution |
| Electric mobility | Last-mile and shared clean mobility products | Launch timing, battery cost, adoption, incentives and charging ecosystem |
| Aggregates and engines | Automotive components, engine-related manufacturing and specialized aggregates | Customer concentration, capacity utilization, technology tie-ups and export demand |
Profit and loss numbers help users understand revenue growth, operating profit, margin, interest cost, depreciation, tax and net profit. Auto companies can show margin swings because volumes, pricing, input costs and product mix change over time.
| Particulars | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Revenue / Sales | ₹6,992 Cr | ₹8,072 Cr | ₹9,057 Cr |
| Expenses | ₹6,096 Cr | ₹6,973 Cr | ₹7,574 Cr |
| Operating Profit | ₹897 Cr | ₹1,099 Cr | ₹1,483 Cr |
| Operating Margin | 13% | 14% | 16% |
| Other Income | ₹37 Cr | ₹446 Cr | ₹322 Cr |
| Interest | ₹62 Cr | ₹26 Cr | ₹3 Cr |
| Depreciation | ₹267 Cr | ₹280 Cr | ₹286 Cr |
| Profit Before Tax | ₹605 Cr | ₹1,238 Cr | ₹1,516 Cr |
| Net Profit | ₹388 Cr | ₹801 Cr | ₹1,212 Cr |
| EPS | ₹294.54 | ₹607.71 | ₹919.55 |
| Dividend Payout | 7% | 7% | 5% |
Financial highlights are educational and should be cross-checked with the latest audited annual report, quarterly results and exchange filings before use.
The balance sheet helps beginners see how the company is funded and where money is deployed. For Force Motors, useful checks include reserves, borrowings, fixed assets, capital work in progress, working capital and total asset growth.
| Particulars | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Equity Capital | ₹13 Cr | ₹13 Cr | ₹13 Cr |
| Reserves | ₹2,242 Cr | ₹3,020 Cr | ₹4,181 Cr |
| Borrowings | ₹524 Cr | ₹17 Cr | ₹0 Cr |
| Other Liabilities | ₹1,635 Cr | ₹2,083 Cr | ₹2,343 Cr |
| Total Liabilities | ₹4,415 Cr | ₹5,134 Cr | ₹6,538 Cr |
| Fixed Assets | ₹2,031 Cr | ₹1,969 Cr | ₹2,222 Cr |
| Capital Work in Progress | ₹171 Cr | ₹287 Cr | ₹236 Cr |
| Investments | ₹91 Cr | ₹103 Cr | ₹98 Cr |
| Other Assets | ₹2,121 Cr | ₹2,775 Cr | ₹3,981 Cr |
| Total Assets | ₹4,415 Cr | ₹5,134 Cr | ₹6,538 Cr |
Balance sheet values should be verified from the latest official annual report and quarterly disclosures because borrowings, assets and working capital can change materially.
Cash flow is important because accounting profit and real cash generation can differ. Positive operating cash flow and controlled debt are useful signs, while heavy investing cash flow may indicate capacity expansion, product development or capital expenditure.
| Particulars | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Cash from Operating Activity | ₹1,014 Cr | ₹971 Cr | ₹1,297 Cr |
| Cash from Investing Activity | -₹198 Cr | -₹351 Cr | -₹900 Cr |
| Cash from Financing Activity | -₹509 Cr | -₹562 Cr | -₹73 Cr |
| Net Cash Flow | ₹308 Cr | ₹58 Cr | ₹324 Cr |
| Free Cash Flow | ₹810 Cr | ₹606 Cr | ₹761 Cr |
| CFO / Operating Profit | 130% | 108% | 116% |
Cash flow data should be verified from official financial statements. One-year cash flow movement can be affected by working capital, inventory, receivables, payables and capital expenditure timing.
Ratios convert financial statements into easier comparison points. Beginners should look at several ratios together instead of relying only on P/E, ROE or one-year profit growth.
| Metric | Mar 2024 / Period 1 | Mar 2025 / Period 2 | Mar 2026 / Period 3 |
|---|---|---|---|
| ROCE | 24% | 30% | 36% |
| Return on Equity | 3Y: 24% | 5Y: 16% | Last Year: 29% |
| Compounded Sales Growth | 10Y: 12% | 5Y: 35% | 3Y: 22% |
| Compounded Profit Growth | 10Y: 19% | 5Y: 66% | 3Y: 221% |
| Stock Price CAGR | 10Y: 20% | 5Y: 73% | 3Y: 103% |
| Working Capital Days | -2 days | 16 days | 39 days |
| Cash Conversion Cycle | 27 days | 32 days | 20 days |
Ratios are based on available financial summaries and may be restated or updated. Verify the latest ratios from trusted financial data providers and official filings.
Peer comparison helps investors understand whether Force Motors is being valued and evaluated like other auto and commercial vehicle companies. Because the company has a niche product mix, peers are not perfect substitutes.
| Company | Comparable area | Why investors compare it | Key monitorables |
|---|---|---|---|
| Force Motors Ltd | Vans, utility vehicles, special vehicles, aggregates and engine manufacturing | Niche shared mobility and commercial passenger transport exposure | Volumes, margins, cash flow, product mix, return ratios and balance sheet |
| Ashok Leyland Ltd | Commercial vehicles, buses and trucks | Large listed commercial vehicle peer with fleet and bus-cycle exposure | CV cycle, margin, market share, exports and working capital |
| Tata Motors Ltd | Passenger vehicles, commercial vehicles and EVs | Larger diversified auto peer with domestic and global operations | Segment profitability, EV strategy, debt and demand cycle |
| Mahindra & Mahindra Ltd | SUVs, tractors and mobility businesses | Broader Indian auto and utility vehicle peer | SUV demand, tractor cycle, margins and capital allocation |
| Eicher Motors Ltd | Motorcycles and commercial vehicle joint venture exposure | Auto peer with brand and margin comparison relevance | Volume growth, pricing, exports and profitability |
Peer data, market capitalization, P/E, EV/EBITDA and return ratios change daily. Verify the latest peer numbers from live market feeds and official filings before publishing or investing.
| Year | Dividend Detail | Note |
|---|---|---|
| FY 2024-25 | Dividend information should be verified from the latest board recommendation and AGM approval | Check BSE, NSE and company filings for record date, amount and tax details |
| FY 2023-24 | Company investor records show dividend-related corporate action disclosures for this period | Verify final entitlement from official exchange filings before relying on it |
| Earlier years | Force Motors has a history of declared dividends in selected years | Past dividends do not guarantee future dividends |
| Action | Detail | Note |
|---|---|---|
| Bonus Issue | No current bonus detail is assumed on this page | Verify with official corporate action records before publishing or investing |
| Stock Split | No current split detail is assumed on this page | Verify face value and split history from exchange filings |
| Face Value | ₹10 face value commonly appears in market data | Confirm from the latest exchange master data and filings |
Corporate action information can affect eligibility and tax treatment. Always verify dividend, bonus, split, face value, ex-date and record-date details from NSE, BSE and company announcements.
Retail investors can build a simple checklist for Force Motors: monthly volume updates, Traveller and Urbania demand, Gurkha demand, order flow for special vehicles, operating margin, cash flow, borrowings, capital expenditure, raw material inflation, management commentary and any corporate action announcement.
A rising share price without matching earnings growth can increase valuation risk. A falling share price does not automatically mean value. Beginners should compare price movement with revenue growth, net profit, cash flow, return ratios and balance sheet quality.
This page does not provide buy, sell or hold advice. Users should consider their risk profile and consult a qualified financial adviser where required.
These FAQs help users understand Force Motors beyond the share price, including products, business model, risks, dividends, shareholding, financials and common beginner questions.
Force Motors is an Indian automobile company known for Traveller passenger vans, Urbania premium vans, Trax utility vehicles, Monobus people-movers, special application vehicles, the Gurkha off-road SUV, electric mobility products, automotive aggregates and engine-related manufacturing. Customers should check the official company website for the latest model range and specifications.
The NSE trading symbol is FORCEMOT and the Yahoo Finance-compatible NSE symbol used on this page is FORCEMOT.NS. Investors should verify current exchange identifiers on NSE, BSE or company filings before placing any transaction.
The commonly used BSE code for Force Motors is 500033. Because exchange records can be updated, users should verify the latest company identifier from the BSE website or official exchange filings.
Force Motors earns revenue from vehicle sales, shared mobility and commercial passenger transport products, utility vehicles, special vehicles, aggregates and engine-related manufacturing activities. Revenue mix can change by year, so users should verify the latest segment information from annual reports and exchange filings.
Important customer-facing products include Traveller, Urbania, Trax, Monobus, special application vehicles such as ambulances and troop carriers, Gurkha, and electric mobility variants. Buyers should compare seating capacity, payload, fuel efficiency, total cost of ownership, service support and application fit before selecting a vehicle.
Investors typically track vehicle volumes, revenue growth, operating margin, raw material costs, engine and aggregate demand, dealer and service expansion, working capital, capital expenditure, cash flow, debt levels, return ratios and management commentary. This page is educational and does not provide buy or sell recommendations.
Force Motors is best understood as an automotive manufacturer with a strong focus on passenger mobility, vans, utility vehicles, special application vehicles and related aggregates. It also has customer-facing lifestyle products such as Gurkha. The exact revenue contribution should be checked from the latest annual report.
Traveller is one of Force Motors’ best-known products and is widely used for employee transport, tourism, school transport, ambulance conversion and shared passenger mobility. Demand for this category can influence volume growth, margins and brand visibility.
Key risks include cyclical auto demand, competition, raw material inflation, regulatory changes, fuel and emission norms, product concentration, working capital needs, execution risk in new products, export demand volatility and changes in institutional shareholding. Investors should verify current risk factors in official filings.
Force Motors has paid dividends in past financial years, but dividend amount, record date and eligibility can change. Investors must verify the latest dividend declaration, record date and tax treatment from BSE, NSE and company announcements.
Bonus and split history should be checked from official exchange filings and company corporate action records. This page may show educational notes, but final entitlement and record-date details must always be verified from official sources.
No. This page is designed for education and information. It explains live price data, fundamentals, financial highlights and business drivers, but it does not recommend buying, selling or holding the stock.
