Force Motors Limited
Force Motors Limited, an integrated automobile company, designs, develops, manufactures, and sells a range of automotive components, aggregates, and vehicles in India. The company provides passenger vehicles, ambulances, school buses, and delivery van; small commercial, light commercial, multi utility vehicles, special vehicles, and spare parts; special utility vehicles, which include off-roaders/recreation vehicles and military vehicles; and agricultural tractors. Its product portfolio consists of urbania, a ground-up modular monocoque van platform for shared urban mobility; traveller, a platform that caters to passenger transport, cargo delivery, ambulances, and school buses; monobus; trax, a rugged utility vehicle platform for rural and last mile transport; special application vehicles; gurkha off-road vehicle; and electric vehicles. In addition, the company offers shared mobility solutions, commercial fleets, specialized transport, and defense solutions. It exports its products to various countries in the Middle East, Asia, Latin America, and Africa. The company was incorporated in 1958 and is based in Pune, India. Force Motors Limited operates as a subsidiary of Jaya Hind Industries Pvt. Ltd.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 17.8%
Concerns0
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ8.07 K Cr | β | βΉ800.00 Cr | β | β | 25.8% | 15.4% | 99.0% |
| Mar 2024 | βΉ6.99 K Cr | β | βΉ402.00 Cr | β | β | 17.3% | 39.0% | 164.5% |
| Mar 2023 | βΉ5.03 K Cr | β | βΉ152.00 Cr | β | β | 7.9% | 55.2% | -302.7% |
| Mar 2022 | βΉ3.24 K Cr | β | βΉ-75.00 | β | β | -4.2% | 63.0% | -33.0% |
| Mar 2021 | βΉ1.99 K Cr | β | βΉ-112.00 | β | β | -6.0% | -35.5% | -293.1% |
| Mar 2020 | βΉ3.08 K Cr | β | βΉ58.00 Cr | β | β | 2.9% | -15.7% | -60.5% |
| Mar 2019 | βΉ3.65 K Cr | β | βΉ147.00 Cr | β | β | 7.6% | 6.7% | 0.0% |
| Mar 2018 | βΉ3.42 K Cr | β | βΉ147.00 Cr | β | β | 8.2% | 11.5% | -18.3% |
| Mar 2017 | βΉ3.07 K Cr | β | βΉ180.00 Cr | β | β | 10.8% | 1.5% | 0.6% |
| Mar 2016 | βΉ3.02 K Cr | β | βΉ179.00 Cr | β | β | 12.0% | 28.0% | 77.2% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 8,624 |
| Total Expenses | 7,368 |
| EBIT / Operating Profit | 1,255 |
| OPM % | 15% |
| Other Income | 477 |
| Finance Costs | 12 |
| Depreciation & Amortisation | 284 |
| Profit Before Tax | 1,437 |
| Tax % | - |
| Net Profit / PAT | 1,074 |
| EPS (βΉ) | 815.43 |
| Dividend Payout % | - |
Peer Comparison
Automobiles & Components sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Force Motors Limitedthis co. | βΉ26.49 K Cr | βΉ8.07 K Cr | 32.40 | 7.39 | 28.08 | 15.4% |
| Maruti Suzuki India Ltd. | βΉ5.16 L Cr | βΉ1.52 L Cr | 36.20 | 5.30 | 25.33 | 7.8% |
| Mahindra & Mahindra Ltd. | βΉ4.55 L Cr | βΉ1.19 L Cr | 32.50 | 6.84 | 26.39 | 17.1% |
| Bajaj Auto Limited | βΉ2.67 L Cr | βΉ50.01 K Cr | 30.50 | 8.68 | 26.02 | 11.9% |
| Eicher Motors Ltd. | βΉ2.03 L Cr | βΉ18.45 K Cr | 43.20 | 10.56 | β | 14.8% |
| HYUNDAI MOTOR INDIA LIMITED | βΉ1.88 L Cr | βΉ67.65 K Cr | 33.40 | 11.03 | 17.74 | -1.3% |
| TVS Motor Company Ltd. | βΉ1.78 L Cr | βΉ36.25 K Cr | 56.60 | 18.32 | 49.03 | 14.1% |
| Industry Average | β | βΉ15.02 K Cr | 51.90 | 6.13 | 25.31 | 7.0% |