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Force Motors FORCEMOT.NS · INR

Industrials · NSE · 🇮🇳 India

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18,837.00

-0.69%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2025

Revenue

₹80.72bn

FY2016FY2025

Net income

₹8.01bn

FY2016FY2025

Free cash flow

₹6.05bn

FY2016FY2025

Shareholders' equity

₹30.33bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue₹80.72bn₹69.92bn₹50.29bn₹32.40bn₹19.88bn₹30.81bn₹36.52bn₹35.31bn₹34.95bn₹34.52bn
Gross profit₹19.00bn₹16.31bn₹9.20bn₹5.10bn₹4.07bn₹7.36bn₹7.37bn₹7.39bn₹7.43bn₹7.23bn
Operating income₹12.25bn₹6.55bn₹3.08bn−₹1.19bn−₹1.33bn₹384.3m₹1.33bn₹1.60bn₹1.61bn₹1.89bn
Net income₹8.01bn₹3.88bn₹1.34bn−₹910.8m−₹1.24bn₹501.7m₹1.43bn₹1.47bn₹1.80bn₹1.79bn
Diluted earnings per share607.73294.57101.44-69.11-93.8538.09108.77111.66136.67135.76

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets₹51.34bn₹44.15bn₹40.13bn₹36.61bn₹32.38bn₹30.98bn₹28.36bn₹25.23bn₹26.04bn₹23.05bn
Cash and short-term investments₹9.82bn₹4.48bn₹1.40bn₹721.0m₹347.2m₹664.0m₹42.8m₹413.7m₹2.33bn₹3.14bn
Total liabilities₹21.01bn₹21.60bn₹21.38bn₹19.13bn₹14.00bn₹11.33bn₹9.03bn₹7.22bn₹9.36bn₹8.15bn
Debt₹13.4m₹3.82bn₹6.90bn₹8.11bn₹5.24bn₹2.35bn₹2.56bn—₹1.98bn₹162.4m
Shareholders' equity₹30.33bn₹22.55bn₹18.75bn₹17.48bn₹18.38bn₹19.65bn₹19.33bn₹18.01bn₹16.68bn₹14.90bn
Shares outstanding13m13m13m13m13m13m13m13m13m13m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations₹9.71bn₹10.14bn₹5.32bn₹184.2m₹73.4m₹4.09bn₹3.12bn₹2.56bn₹4.71bn₹2.56bn
Capital spending−₹3.67bn−₹2.08bn−₹2.60bn−₹3.99bn−₹4.53bn−₹4.58bn−₹4.98bn−₹3.24bn−₹2.35bn−₹2.38bn
Free cash flow₹6.05bn₹8.06bn₹2.72bn−₹3.81bn−₹4.46bn−₹492.3m−₹1.86bn−₹676.6m₹2.35bn₹179.1m
Dividends paid−₹263.5m−₹131.8m−₹131.8m−₹65.9m−₹131.8m−₹158.9m−₹158.8m−₹158.6m—−₹237.9m

Latest quarters

By quarter end

Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024Jun 2024Mar 2024
Revenue₹21.29bn₹20.81bn₹22.97bn₹23.56bn₹18.89bn₹19.41bn₹18.85bn₹20.11bn
Gross profit₹6.47bn₹6.38bn₹6.13bn₹6.39bn₹4.72bn₹5.15bn₹4.99bn₹5.60bn
Operating income₹5.13bn₹2.92bn₹2.62bn₹6.52bn₹1.61bn₹2.14bn₹1.80bn₹2.11bn
Net income₹4.06bn₹3.51bn₹1.76bn₹4.35bn₹1.15bn₹1.35bn₹1.16bn₹1.40bn
Diluted earnings per share308.22266.14133.83329.9387.52102.4887.81106.45
Cash from operations—₹2.69bn—₹6.46bn—₹3.25bn—₹6.98bn
Capital spending—−₹2.21bn—−₹2.06bn—−₹1.61bn—−₹1.07bn
Free cash flow—₹480.0m—₹4.41bn—₹1.64bn—₹5.91bn
Total assets—₹53.42bn—₹51.34bn—₹42.22bn—₹44.15bn
Cash and short-term investments—₹12.04bn—₹10.90bn—₹4.49bn—₹6.51bn
Debt———₹13.4m—₹1.64bn—₹3.82bn
Shareholders' equity—₹35.06bn—₹30.33bn—₹24.82bn—₹22.55bn

Growth per year

Compound annual rate

3 years5 years10 years
Revenue35.6%21.2%13.0%
Operating income—99.9%29.6%
Net income—74.0%22.9%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin23.4%21.3%21.5%21.8%
Operating margin12.5%8.9%7.0%6.0%
Net margin7.9%5.3%4.1%4.2%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Price to earnings33.822.133.0-20.1-13.335.710.0
Price to sales3.41.20.90.60.80.60.4

Dividends and splits

Per share, in the currency the company pays

Paid for 7 years. Last went ex-dividend on 9 Sept 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Paid in the year40.0020.0010.0010.005.0010.0010.00

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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