Force Motors Ltd
NSE :FORCEMOT BSE :500033 Sector : AutomobileBuy, Sell or Hold FORCEMOT? Ask The Analyst
BSE
Mar 28, 00:00
9045.85
259.70 (2.96%)
prev close
8786.15
OPEN PRICE
9150.00
volume
10141
Today's low / high
8870.85 / 9444.85
52 WK low / high
6128.55 / 10272.65
bid price (qty)
0 (0)
offer price (qty)
0 (0)
NSE
Mar 28, 00:00
9045.75
257.70 (2.93%)
prev close
8788.05
open price
9200.00
volume
215366
Today's' low / high
8867.20 / 9438.95
52 WK low / high
6125.00 / 10277.85
bid price (qty)
0 (0)
offer price (qty)
9045.75 (271)
28 Mar 9045.75 (2.93%) | 27 Mar 8788.05 (0.24%) | 26 Mar 8766.70 (0.37%) | 25 Mar 8734.20 (-1.80%) | 24 Mar 8894.55 (5.14%) | 21 Mar 8460.05 (5.99%) | 20 Mar 7981.65 (0.65%) | 19 Mar 7930.10 (6.26%) | 18 Mar 7463.05 (5.31%) | 17 Mar 7086.45 (-2.11%) | 13 Mar 7239.35 (1.01%) | 12 Mar 7166.80 (-1.40%) | 11 Mar 7268.75 (-3.79%) | 10 Mar 7555.00 (-1.37%) | 07 Mar 7660.00 (3.23%) | 06 Mar 7420.65 (-0.18%) | 05 Mar 7434.35 (3.92%) | 04 Mar 7154.05 (3.02%) | 03 Mar 6944.30 (4.09%) | 28 Feb 6671.15 (1.06%) | 27 Feb 6601.45 (-3.26%) |
Technical Analysis
Short Term Investors

Very Bullish
Medium Term Investors

Very Bullish
Long Term Investors

Neutral
Moving Averages
5 DMA
Bullish
8844.07
10 DMA
Bullish
8313.13
20 DMA
Bullish
7780.45
50 DMA
Bullish
7046.4
100 DMA
Bullish
6929.64
200 DMA
Bullish
7454.26
Intraday Support and Resistance
(Based on Pivot Points) NSE : 9045.75 | BSE : 9045.85
Updated On Mar 28, 2025 04:00 PM For Next Trading Session
Pivots | Classic | Fibonacci | Camarilla | Woodie | DM |
---|---|---|---|---|---|
R3 | 9939.15 | 9689.05 | 9202.98 | - | - |
R2 | 9689.05 | 9470.64 | 9150.57 | 9671.16 | - |
R1 | 9367.4 | 9335.71 | 9098.16 | 9331.62 | 9528.23 |
P | 9117.3 | 9117.3 | 9117.3 | 9099.41 | 9197.71 |
S1 | 8795.65 | 8898.89 | 8993.34 | 8759.87 | 8956.48 |
S2 | 8545.55 | 8763.96 | 8940.93 | 8527.66 | - |
S3 | 8223.9 | 8545.55 | 8888.52 | - | - |
Key Metrics
EPS
384.81
P/E
23.51
P/B
4.65
Dividend Yield
0.22%
Market Cap
11,919 Cr.
Face Value
10
Book Value
1944.52
ROE
18.8%
EBITDA Growth
250.78 Cr.
Debt/Equity
0.36
Shareholding History
Quarterly Result (Figures in Rs. Crores)
Force Motors Ltd Quaterly Results
Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | ||
INCOME | 1695.66 | 2029.29 | 1899.87 | 1949.9 | 1909.57 | |
PROFIT | 85.4 | 140.26 | 115.7 | 135.02 | 115.31 | |
EPS | 64.82 | 106.45 | 87.81 | 102.46 | 87.52 |
Force Motors Ltd Quaterly Results
Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | ||
INCOME | 1695.53 | 2025.68 | 1899.75 | 1949.77 | 1904.25 | |
PROFIT | 94.74 | 136.71 | 119.59 | 140.68 | 110.06 | |
EPS | 71.91 | 103.76 | 90.76 | 106.77 | 83.53 |
Profit & Loss (Figures in Rs. Crores)
Force Motors Ltd Profit & Loss
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | ||
INCOME | 2436 | 3161.63 | 3083.47 | 3542.99 | 3768.32 | 3040.64 | 2039.73 | 3254.52 | 5407.2 | 7138.26 | |
PROFIT | 101.43 | 178.6 | 179.32 | 145.39 | 143.24 | 80.73 | -101.39 | -91.8 | 31.75 | 388.91 | |
EPS | 76.09 | 135.79 | 136.71 | 111.69 | 108.82 | 38.14 | -93.73 | -69.04 | 101.47 | 294.54 |
Force Motors Ltd Profit & Loss
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | ||
INCOME | 2435.62 | 3161.29 | 3083.09 | 3542.64 | 3767.97 | 3040.25 | 2039.36 | 3254.14 | 5406.81 | 7137.78 | |
PROFIT | 101.25 | 178.45 | 179.15 | 145.22 | 147.09 | 90.14 | -89.61 | -75.32 | 43.49 | 402.52 | |
EPS | 75.89 | 135.61 | 136.51 | 111.49 | 111.67 | 44.15 | -84.87 | -56.6 | 115.36 | 304.77 |
Balance Sheet (Figures in Rs. Crores)
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
SOURCES OF FUNDS : | ||||||||||
Share Capital | 13.18 | 13.18 | 13.18 | 13.18 | 13.18 | 13.18 | 13.18 | 13.18 | 13.18 | 13.18 |
Reserves Total | 2,241.96 | 1,861.85 | 1,734.69 | 1,824.65 | 1,952.16 | 1,920.03 | 1,787.95 | 1,654.4 | 1,476.46 | 1,305.55 |
Total Shareholders Funds | 2,255.14 | 1,875.03 | 1,747.87 | 1,837.83 | 1,965.34 | 1,933.21 | 1,801.13 | 1,667.58 | 1,489.64 | 1,318.73 |
Minority Interest | 2.21 | 2.09 | 1.99 | 1.9 | 1.81 | 1.72 | 1.63 | 1.54 | 1.46 | 1.38 |
Secured Loans | 374.5 | 804.76 | 918.82 | 642.42 | 309.72 | 285.87 | 0 | 0 | 0 | 0 |
Unsecured Loans | 150 | 150 | 150 | 0 | 0 | 0.03 | 0.13 | 198.71 | 13.6 | 10.73 |
Total Debt | 524.5 | 954.76 | 1,068.82 | 642.42 | 309.72 | 285.9 | 0.13 | 198.71 | 13.6 | 10.73 |
Other Liabilities | 36.47 | 31.91 | 27.93 | 30.39 | 32.22 | 32.4 | 32.83 | 31.43 | 28.08 | 23.18 |
Total Liabilities | 2,818.32 | 2,863.79 | 2,846.61 | 2,512.54 | 2,309.09 | 2,253.23 | 1,835.72 | 1,899.26 | 1,532.78 | 1,354.02 |
APPLICATION OF FUNDS : | ||||||||||
Gross Block | 4,410.16 | 4,210.58 | 3,915.62 | 2,922.96 | 2,993.65 | 2,616.99 | 2,202.39 | 2,086.54 | 1,848.39 | 1,612.18 |
Less: Accumulated Depreciation | 2,378.74 | 2,116.59 | 1,882.58 | 1,699.44 | 1,593.48 | 1,401.15 | 1,253.92 | 1,175.11 | 1,062.51 | 974.63 |
Net Block | 2,031.42 | 2,093.99 | 2,033.04 | 1,223.52 | 1,400.17 | 1,215.84 | 948.47 | 911.43 | 785.88 | 637.55 |
Capital Work in Progress | 170.85 | 153.67 | 302.15 | 724.85 | 445.07 | 371.8 | 369.17 | 220.26 | 204.6 | 239.76 |
Investments | 91.03 | 97.34 | 110.77 | 99.9 | 77.88 | 23.14 | 9.72 | 8.78 | 14.06 | 0.34 |
Inventories | 1,163.19 | 826.55 | 637.13 | 557.82 | 551.52 | 503.56 | 477.1 | 437.67 | 547.51 | 392.55 |
Sundry Debtors | 104.06 | 196.84 | 189.38 | 125.99 | 168.72 | 166.52 | 241.91 | 115.1 | 150.4 | 108.68 |
Cash and Bank Balance | 448.76 | 141.34 | 74.81 | 36.98 | 68.6 | 5.21 | 42.69 | 235.71 | 318.62 | 306.79 |
Loans and Advances | 329.96 | 400.44 | 125.57 | 161 | 238.24 | 416.07 | 364.91 | 600.24 | 204.55 | 189.01 |
Total Current Assets | 2,045.97 | 1,565.17 | 1,026.89 | 881.79 | 1,027.08 | 1,091.36 | 1,126.61 | 1,388.72 | 1,221.08 | 997.03 |
Current Liabilities | 1,301.51 | 976.41 | 686.15 | 571.28 | 771.31 | 550.99 | 655.73 | 676.16 | 680.95 | 554.52 |
Provisions | 191.71 | 173.2 | 128.19 | 153.68 | 17.59 | 21.87 | 27.09 | 28.46 | 23.1 | 39.76 |
Total Current Liabilities & Provisions | 1,493.22 | 1,149.61 | 814.34 | 724.96 | 788.9 | 572.86 | 682.82 | 704.62 | 704.05 | 594.29 |
Net Current Assets | 552.75 | 415.56 | 212.55 | 156.83 | 238.18 | 518.5 | 443.79 | 684.1 | 517.03 | 402.74 |
Deferred Tax Assets | 250.7 | 357.09 | 426.89 | 313.81 | 272.57 | 199.08 | 160.72 | 132.03 | 14.06 | 33.64 |
Deferred Tax Liability | 353.85 | 351.24 | 332.81 | 256.21 | 265.5 | 208.97 | 165.15 | 120.59 | 81.75 | 60.25 |
Net Deferred Tax | -103.15 | 5.85 | 94.08 | 57.6 | 7.07 | -9.89 | -4.43 | 11.44 | -67.69 | -26.61 |
Other Assets | 75.42 | 97.38 | 94.02 | 249.84 | 140.72 | 133.84 | 69 | 63.25 | 78.9 | 100.22 |
Total Assets | 2,818.32 | 2,863.79 | 2,846.61 | 2,512.54 | 2,309.09 | 2,253.23 | 1,835.72 | 1,899.26 | 1,532.78 | 1,354 |
Contingent Liabilities | 107.29 | 111.07 | 118.45 | 112.59 | 112.58 | 65.37 | 68.81 | 92.44 | 96.38 | 79.77 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
SOURCES OF FUNDS : | ||||||||||
Share Capital | 13.18 | 13.18 | 13.18 | 13.18 | 13.18 | 13.18 | 13.18 | 13.18 | 13.18 | 13.18 |
Reserves Total | 2,312.95 | 1,919.27 | 1,773.76 | 1,847.3 | 1,962.53 | 1,921.69 | 1,785.61 | 1,652.23 | 1,474.46 | 1,303.7 |
Total Shareholders Funds | 2,326.13 | 1,932.45 | 1,786.94 | 1,860.48 | 1,975.71 | 1,934.87 | 1,798.79 | 1,665.41 | 1,487.64 | 1,316.88 |
Secured Loans | 374.5 | 804.76 | 918.82 | 642.42 | 309.72 | 285.87 | 0 | 0 | 0 | 0 |
Unsecured Loans | 150 | 150 | 150 | 0 | 0 | 0.03 | 0.13 | 200.26 | 13.6 | 20.79 |
Total Debt | 524.5 | 954.76 | 1,068.82 | 642.42 | 309.72 | 285.9 | 0.13 | 200.26 | 13.6 | 20.79 |
Other Liabilities | 36.47 | 31.91 | 27.93 | 30.39 | 32.22 | 32.4 | 32.83 | 31.43 | 28.08 | 23.18 |
Total Liabilities | 2,887.1 | 2,919.12 | 2,883.69 | 2,533.29 | 2,317.65 | 2,253.17 | 1,831.75 | 1,897.1 | 1,529.32 | 1,360.85 |
APPLICATION OF FUNDS : | ||||||||||
Gross Block | 4,410.15 | 4,210.57 | 3,915.61 | 2,922.95 | 2,993.64 | 2,608.76 | 2,194.16 | 2,086.53 | 1,848.38 | 1,612.18 |
Less : Accumulated Depreciation | 2,378.74 | 2,116.59 | 1,882.58 | 1,699.44 | 1,593.48 | 1,392.93 | 1,245.7 | 1,175.11 | 1,062.51 | 974.63 |
Net Block | 2,031.41 | 2,093.98 | 2,033.03 | 1,223.51 | 1,400.16 | 1,215.83 | 948.46 | 911.42 | 785.87 | 637.55 |
Capital Work in Progress | 170.85 | 153.67 | 302.15 | 724.85 | 445.07 | 371.8 | 369.17 | 220.26 | 204.6 | 239.76 |
Investments | 166.39 | 158.9 | 153.79 | 126.31 | 91.84 | 28.19 | 10.6 | 9.67 | 14.95 | 1.23 |
Inventories | 1,163.19 | 826.55 | 637.13 | 557.82 | 551.52 | 503.56 | 477.1 | 437.67 | 547.51 | 392.55 |
Sundry Debtors | 104.06 | 196.84 | 189.38 | 125.99 | 168.72 | 166.52 | 241.91 | 115.1 | 150.4 | 108.68 |
Cash and Bank Balance | 442.36 | 138.2 | 71.96 | 34.38 | 66.27 | 3.2 | 40.93 | 234.22 | 317.64 | 303.03 |
Loans and Advances | 329.78 | 397.35 | 122.47 | 157.93 | 235.17 | 412.96 | 361.86 | 597.13 | 201.19 | 188.91 |
Total Current Assets | 2,039.39 | 1,558.94 | 1,020.94 | 876.12 | 1,021.68 | 1,086.24 | 1,121.8 | 1,384.12 | 1,216.74 | 993.18 |
Current Liabilities | 1,301.51 | 976.41 | 686.14 | 571.28 | 771.3 | 550.97 | 655.71 | 674.6 | 680.95 | 544.46 |
Provisions | 191.7 | 173.19 | 128.18 | 153.66 | 17.59 | 21.87 | 27.14 | 28.46 | 23.1 | 39.76 |
Total Current Liabilities & Provisions | 1,493.21 | 1,149.6 | 814.32 | 724.94 | 788.89 | 572.84 | 682.85 | 703.06 | 704.05 | 584.22 |
Net Current Assets | 546.18 | 409.34 | 206.62 | 151.18 | 232.79 | 513.4 | 438.95 | 681.06 | 512.69 | 408.95 |
Deferred Tax Assets | 250.7 | 357.09 | 426.89 | 313.81 | 272.57 | 199.08 | 160.72 | 132.03 | 14.06 | 33.64 |
Deferred Tax Liability | 353.85 | 351.24 | 332.81 | 256.21 | 265.5 | 208.97 | 165.15 | 120.59 | 81.75 | 60.25 |
Net Deferred Tax | -103.15 | 5.85 | 94.08 | 57.6 | 7.07 | -9.89 | -4.43 | 11.44 | -67.69 | -26.61 |
Other Assets | 75.42 | 97.38 | 94.02 | 249.84 | 140.72 | 133.84 | 69 | 63.25 | 78.9 | 99.97 |
Total Assets | 2,887.1 | 2,919.12 | 2,883.69 | 2,533.29 | 2,317.65 | 2,253.17 | 1,831.75 | 1,897.1 | 1,529.32 | 1,360.85 |
Contingent Liabilities | 107.29 | 111.07 | 118.45 | 112.59 | 112.58 | 65.37 | 68.73 | 92.33 | 96.27 | 79.68 |
Cash Flow (Figures in Rs. Crores)
Net Profit before Tax and Extr... | 605.07 |
Depreciation | 266.75 |
Interest (Net) | 54.8 |
Dividend Received | 0.28 |
P/L on Sales of Assets | 1.27 |
Prov. and W/O (Net) | 0.11 |
P/L in Forex | 0.71 |
Total Adjustments (PBT and Ext... | 337.19 |
Operating Profit before Workin... | 942.26 |
Trade and 0ther Receivables | 92.8 |
Inventories | -336.75 |
Trade Payables | 109.18 |
Total Adjustments (OP before W... | 224.09 |
Cash Generated from/(used in) ... | 1,166.35 |
Direct Taxes Paid | -151.9 |
Total Adjustments(Cash Generat... | -151.9 |
Cash Flow before Extraordinary... | 1,014.45 |
Net Cash from Operating Activi... | 1,014.45 |
Purchased of Fixed Assets | -208.38 |
Sale of Fixed Assets | 3.51 |
Interest Received | 7.09 |
Net Cash used in Investing Act... | -197.5 |
Of the Long Tem Borrowings | -430.86 |
Dividend Paid | -13.18 |
Interest Paid | -65.15 |
Net Cash used in Financing Act... | -509.19 |
Net Profit before Tax and Extr... | 618.43 |
Depreciation | 266.75 |
Interest (Net) | 54.8 |
Dividend Received | 0.28 |
P/L on Sales of Assets | 1.27 |
Prov. and W/O (Net) | 0.11 |
P/L in Forex | 0.71 |
Total Adjustments (PBT and Ext... | 323.36 |
Operating Profit before Workin... | 941.79 |
Trade and 0ther Receivables | 92.8 |
Inventories | -336.75 |
Trade Payables | 109.18 |
Total Adjustments (OP before W... | 221.19 |
Cash Generated from/(used in) ... | 1,162.98 |
Direct Taxes Paid | -151.79 |
Total Adjustments(Cash Generat... | -151.79 |
Cash Flow before Extraordinary... | 1,011.19 |
Net Cash from Operating Activi... | 1,011.19 |
Purchased of Fixed Assets | -208.38 |
Sale of Fixed Assets | 3.51 |
Interest Received | 7.09 |
Net Cash used in Investing Act... | -197.5 |
Of the Long Tem Borrowings | -430.86 |
Dividend Paid | -13.18 |
Interest Paid | -65.15 |
Net Cash used in Financing Act... | -509.19 |
Company Details
Registered Office |
|
Address | Mumbai-Pune Road, Akurdi |
City | Pune |
State | Maharashtra |
Pin Code | 411035 |
Tel. No. | 91-20-27476381 |
Fax. No. | 91-20-26263503 |
compliance-officer@forcemotors.com; kshah@forcemot | |
Internet | http://www.forcemotors.com, www.forceone.co.in |
Registrars |
|
Address | Mumbai-Pune Road |
City | Pune |
State | Maharashtra |
Pin Code | 411035 |
Tel. No. | 91-20-27476381 |
Fax. No. | 91-20-26263503 |
compliance-officer@forcemotors.com; kshah@forcemot | |
Internet | http://www.forcemotors.com, www.forceone.co.in |
Management |
|
Name | Designation |
Abhay Firodia | Executive Chairman |
Prasan Firodia | Managing Director |
Arvind R Mahajan | Independent Non Exe. Director |
D B Shekatkar | Independent Non Exe. Director |
Prashant V Inamdar | Director (Operation) |
Vallabh Bhanshali | Independent Non Exe. Director |
Mukesh Patel | Independent Non Exe. Director |
Sonia Prashar | Independent Non Exe. Director |
Rohan Sampat | Company Sec. & Compli. Officer |