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Open18,449
High18,588
Low18,078
Prev. Close18,244
Avg. Traded Price18,271.98
Volume56,827

MARKET DEPTH

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Total bid26.00
Total ask0.00
OrdersQtyBid
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HIGH/LOW

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LOW/HIGH

18078.006 hours ago
18588.008 hours ago
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LOWER/UPPER CIRCUITS

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Force Motors Ltd Stock performance
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KEY OBSERVATIONS

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positive
negative
neutral
noteAnnual Revenue,rose 12.79%, in the last year to ₹9,167.51 Cr. Its sector's average revenue growth for the last fiscal year was 6.9%.
noteAnnual Net Profit,rose 51.31% in the last year to ₹1,211.63 Cr. Its sector's average net profit growth for the last fiscal year was 62.44%.
notePrice to Earning Ratio,is 20.12, lower than its sector PE ratio of 33.19.
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LONG-TERM PRICE ANALYSIS

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Stock return5Y CAGR : %
Net profit growth 5Y CAGR : 22.22%
Force Motors Ltd Top mutual funds holding
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About Force Motors Limited

Force Motors Limited is an Indian, fully vertically integrated automobile company incorporated in 1958 and headquartered at Mumbai–Pune Road, Akurdi, Pune, Maharashtra, with equity shares listed on BSE and NSE as of March 31, 2025. The company designs, develops and manufactures a full spectrum of vehicles, automotive components and aggregates, spanning Light Commercial Vehicles (LCV), Multi-Utility Vehicles (MUV), Small Commercial Vehicles (SCV) and Special Vehicles (SV) as disclosed in its Annual Report. Operations are carried out through multiple plants in Akurdi (Pune), Pithampur (Madhya Pradesh), Chakan (Pune), and Mahindra World City, Chengalpattu (Tamil Nadu), indicating a multi-location India footprint for manufacturing and support. The group comprises the holding company, one subsidiary—Tempo Finance West Private Limited (financial services)—and a joint venture, Force MTU Power Systems Private Limited with Rolls-Royce Solutions GmbH for engines and generator sets, reflecting diversified activities in vehicles, powertrains and financial services as of FY 2024–25. Key corporate milestones in FY 2024–25 include Board approvals of the audited results on April 25, 2025 and continued compliance with LODR governance requirements, underscoring steady corporate processes within the period under review.

Force Motors Limited Business Segment

  • Products and services: design, development and manufacture of LCVs, MUVs, SCVs, SVs; automotive components and aggregates; and, at group level, engines and gensets via JV; financial services via subsidiary, as stated in the group information and corporate notes.

Force Motors Limited Key Management

  • Abhaykumar Navalmal Firodia — Chairman and Managing Director (DIN 00025179).

  • Prasan Abhaykumar Firodia — Managing Director (DIN 00029664).

  • Prashant V. Inamdar — Executive Director (Operations) (DIN 07071502).

 

  • Mukesh Mangalbhai Patel — Independent Director; Chairman of Stakeholders Relationship and CSR Committees from February 12, 2025 (DIN 00053892).

  • Sonia Prashar — Independent Director; Member, Risk Management Committee from September 27, 2024 (DIN 06477222).

  • Rohan Sampat — Company Secretary and Compliance Officer from July 31, 2024.

  • Senior management (select): Sanjay Kumar Bohra — Chief Financial Officer up to June 30, 2025; Rishi Luharuka — President & Group Chief Financial Officer from June 10, 2025; Praveen C. Karnavat — President, Strategic Sourcing & International Business; Makarand P. Kanade — President, Engineering & Corporate Quality; Rakesh Maru — President, Sales & Marketing.

Latest Updates on Force Motors Limited

  • Financial performance: Consolidated Revenue from Operations of Rs 8,071.73 crore in FY 2024–25, up from Rs 6,992.13 crore in FY 2023–24; Profit Before Tax of Rs 12,382.6 crore lakh including exceptional items in FY 2024–25; Profit After Tax attributable to owners at Rs 800.74 crore, with EPS of Rs 607.71, as per audited financial statements approved on April 25, 2025; amounts presented in lakhs in statements are converted for narrative clarity using the company’s own totals (Rs 8,07,173 lakh = Rs 8,071.73 crore).

  • Capital structure and liquidity: Equity share capital at 1,31,76,262 shares; cash and cash equivalents of Rs 506.55 crore consolidated at March 31, 2025 (Rs 50,655 lakh); significant deleveraging with non-current borrowings at Rs 1.34 crore (Rs 134 lakh) versus prior year Rs 381.77 crore (Rs 38,177 lakh).

  • Governance actions: Re-appointments approved in AGM on September 4, 2024 for Chairman-Managing Director, Managing Director, and Executive Director (Operations); compliance affirmations include unmodified audit opinion, quarterly governance filings, and committee reconstitutions (e.g., Risk Management Committee with addition of Independent Director on September 27, 2024).

  • Committee changes: Stakeholders Relationship Committee chairmanship moved to Independent Director Mukesh Patel from February 12, 2025; CSR Committee chaired by Mukesh Patel; Risk Management Committee composition updated with Sonia Prashar added September 27, 2024.

  • Senior management moves post year-end: Appointment of Group CFO Rishi Luharuka from June 10, 2025; CFO Sanjay Kumar Bohra ceased on June 30, 2025; additional leadership hires in Corporate Communications and Corporate Strategy during June–July 2025.

  • Dividend recommendation: Board recommended final dividend of Rs 40 per equity share on April 25, 2025 for FY 2024–25, subject to approval at the 66th AGM.

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Frequently Asked Questions

For Q4 FY26, Force Motors Ltd reported: Revenue (Net Sales): ₹25497.20 Cr - Up 19.79% year-on-year from ₹21284.30 Cr in Q3 FY26. Net Income (PAT): ₹2736.70 Cr - Down -32.07% year-on-year from ₹4028.60 Cr in Q3 FY26.

The intraday low for Force Motors Ltd on the NSE today was ₹17,748.00. The stock's 52-week low stands at ₹14,911.00, recorded on 10 Oct 2025. Today's low is 19.03% above the 52-week low, indicating the stock is trading well above its yearly lows.

The intraday high for Force Motors Ltd on the NSE today (17 Jul 2026) was ₹18,724.00. This compares to the 52-week high of ₹26,450.00 recorded on 18 Feb 2026. Today's high was -29.21% below the 52-week high.

Force Motors Ltd has delivered 9.87% return over the last 52 weeks. During this period, the stock hit a 52-week high of ₹26,450.00 on 18 Feb 2026 and a 52-week low of ₹14,911.00 on 10 Oct 2025. It is currently trading at ₹18,244.00 as of 17 Jul 2026.

The all-time high (ATH) for Force Motors Ltd was ₹25,776.00, recorded on 17 Feb 2026. At the current price of ₹18,244.00, the stock is trading 29.22% below its all-time high. The all-time low recorded was ₹621.75 on 24 Mar 2020.

Force Motors Ltd has delivered a 1093.56% absolute return over the past 5 years, equivalent to a CAGR of 64.20% per annum. The stock was priced at ₹1,528.54 in Jul 2021 and has risen to ₹18,244.00 as of 17 Jul 2026. An investment of ₹1,00,000 in Force Motors Ltd five years ago would be worth ₹11,93,560.00 today.

Yes,Force Motors Ltd has declared a consistent dividend every year over the past 5 years. The company paid a total dividend of 130.00 per share between FY2022 and FY2026, with the most recent dividend of ₹50.00 per share for Apr 26. At the current market price of ₹18,244.00, the trailing dividend yield of Force Motors Ltd stands at 40.00%.

As of 17 Jul 2026, the share price of Force Motors Ltd is ₹18,244.00 on the NSE and ₹18,334.85 on the BSE. The stock opened at ₹18,449.00, touched a high of ₹18,724.00 and a low of ₹17,748.00 during today's session.

Over the last 6 months, Force Motors Ltd has given a return of -13.14%. The stock was priced at ₹20,565.00 on 16 Jan 2026 and has Fallen to ₹18,244.00 as of 17 Jul 2026, a change of ₹2,321.00 per share.

Force Motors Ltd has delivered a return of -17.31% over the last 3 months. The stock was trading at ₹22,378.00 on 17 Apr 2026 and is currently at ₹18,244.00 as of 17 Jul 2026, reflecting a Loss of ₹4,134.00 per share over this period.

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