FORCE MOTORS LTD

NSE: FORCEMOT BSE: 500033 SECTOR: Automobile and Auto Components - Automobiles | Add Note | View Notes

17632 132(1%)

Volume

68k as on 03, Sep

Open

17,720

High

17,763

Low

17,360

17,500

VWAP

17,629

52 Week High

26,450

52 Week Low

14,911

Viand Research Rating

Quality Score

53/100

Growth Score

64/100

Valuation Score

50/100

Momentum Score

0/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

22,980

No. of Shares

1.32

P/E

19.81

P/B

3.83

Face Value

Div. Yield

Book Value (TTM)

CASH

DEBT

EPS (TTM)

ROE

19.32

ROCE

Profit Growth

Listing Date

14-Feb-24

Promoter Holding

61.63%

FII Holding

10.93%

DII Holding

1.75%

Price Chart

Price Performance

1 Week1%

1 Month5%

3 Months0%

6 Months25%

1 Year3%

YTD16%

Moving Average

5 Day SMA17,544

10 Day SMA17,534

20 Day SMA17,958

30 Day SMA17,940

50 Day SMA18,049

61 Day SMA18,069

80 Day SMA18,313

200 Day SMA19,549

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	18,292	17,727	18,057	18,344
Resistance 2	18,057	17,685	17,880	18,084
Resistance 1	17,829	17,642	17,771	17,882
Pivot Point	17,594	17,600	17,594	17,621
Support 1	17,366	17,558	17,417	17,418
Support 2	17,131	17,515	17,308	17,158
Support 3	16,903	17,473	17,131	16,956

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	MARUTI	3,99,008	12694	4%	9%	11%	12%	29	50.8	0	14680
2	M&M	3,93,950	3170	5%	8%	6%	10%	22	50.8	1.47	18622
3	BAJAJ-AUTO	3,27,978	11919	2%	1%	22%	31%	28	50.8	0.58	10574
4	EICHERMOT	2,08,650	7630	5%	4%	2%	20%	42	50.8	0.02	5515
5	TVSMOTOR	1,96,639	4139	5%	4%	10%	22%	244	50.8	3.43	3186
6	HYUNDAI	1,79,100	2204	4%	2%	0%	13%	29	50.8	0.05	5432
7	MOTHERSON	1,69,360	160	2%	5%	26%	72%	42	50.8	0.47	4086
8	TATAMOTORS	1,49,439	383	10%	2%	1%	13%	7	50.8	0.71	82645
9	BOSCHLTD	1,38,056	46805	4%	14%	33%	15%	43	50.8	0.01	2773
10	TMPV	1,15,080	312	1%	11%	16%	25%	51	50.8	0.71	82645
Load More

Shareholding Pattern (%)

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021
Promoters	(0.01) 61.63%	(0.01) 61.63%	(0.01) 61.63%	(0.01) 61.63%	(0.01) 61.63%	(0.01) 61.63%	(0.01) 61.63%	(0.01) 61.63%	(0.01) 61.63%	(0.01) 61.63%	(0.01) 61.63%	(0.01) 61.63%	(0.01) 61.63%	(0.01) 61.63%	(0.01) 61.63%	(0.01) 61.63%	(0.01) 61.63%	(0.01) 61.63%	(0.01) 61.63%
FIIs	(0.51) 10.93%	(0.21) 10.46%	(0.51) 10.27%	(1.41) 9.77%	(0.21) 8.36%	(0.31) 8.15%	(0.11) 7.89%	(1.41) 7.78%	(1.41) 6.34%	(0.01) 4.91%	(0.81) 4.94%	(1.41) 4.11%	(0.01) 2.72%	(0.21) 2.71%	(0.11) 2.55%	(-0.11) 2.49%	(0.11) 2.60%	(0.11) 2.46%	(0.01) 2.39%
DIIs	(-0.11) 1.75%	(0.31) 1.80%	(-0.21) 1.48%	(0.21) 1.66%	(0.51) 1.43%	(0.01) 0.90%	(-0.11) 0.92%	(0.21) 1.02%	(-0.31) 0.86%	(-0.41) 1.20%	(0.11) 1.59%	(-0.81) 1.48%	(0.11) 2.32%	(0.01) 2.19%	(-0.71) 2.20%	(-0.41) 2.90%	(0.81) 3.31%	(-0.11) 2.54%	(0.01) 2.67%
Public	25.69%	26.12%	26.63%	26.94%	28.58%	29.30%	29.56%	29.57%	31.16%	32.27%	31.86%	32.77%	33.33%	33.47%	33.62%	32.98%	32.46%	33.37%	33.31%
No. of Shareholders	78,750	71,870	72,334	59,419	56,164	59,207	56,044	51,909	47,742	47,556	48,086	50,221	53,958	54,912	58,475	60,301	61,036	61,570	61,503

Quarterly Results

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021	Jun 2021
Sales	2550	2129	2081	2297	2356	1889	1941	1885	2011	1692	1802	1488	1490	1304	1264	971	881	778	938	643
Sales Growth % (YoY)	8.2%	12.6%	7.2%	21.9%	17.1%	11.7%	7.8%	26.7%	35%	29.7%	42.5%	53.2%	69.1%	67.6%	34.8%	50.9%	43.9%	56.9%	35%	247%
Sales Growth % (QoQ)	19.8%	2.3%	-9.4%	-2.5%	24.7%	-2.7%	3%	-6.3%	18.9%	-6.1%	21.1%	-0.1%	14.3%	3.2%	30.2%	10.2%	13.2%	-17.1%	45.9%	-
Expenses	2136	1755	1719	1974	2027	1658	1664	1640	1733	1477	1581	1310	1372	1250	1166	930	885	792	898	615
Operating Profit	414	374	363	323	329	232	277	245	279	215	221	177	118	54	98	41	-3	-14	40	28
OPM %	16	18	17	14	14	12	14	13	14	13	12	12	8	4	8	4	0	-2	4	4
Other Income	39	241	26	25	418	20	9	15	18	4	9	11	246	5	12	7	8	13	15	16
Interest	3	0	0	0	7	4	5	9	14	14	16	18	18	17	20	14	13	12	9	7
Depreciation	72	73	71	70	72	71	69	69	68	68	67	63	63	60	61	57	55	50	45	41
Profit before tax	378	543	317	278	668	177	211	182	214	137	147	107	284	-18	30	-23	-63	-64	1	-3
Tax %	26	25	-11	36	35	35	36	36	35	37	36	36	48	-14	36	-29	-32	-33	195	35
Net Profit	279	406	351	176	435	115	135	116	140	85	94	69	147	-16	19	-17	-43	-43	-1	-4
Net Profit Growth % (QoQ)	-31.3%	15.7%	99.4%	-59.5%	278.3%	-14.8%	16.4%	-17.1%	64.7%	-9.6%	36.2%	-53.1%	1018.8%	-184.2%	211.8%	60.5%	-	-4200%	75%	-
Net Profit Growth % (YoY)	-35.9%	253%	160%	51.7%	210.7%	35.3%	43.6%	68.1%	-4.8%	631.2%	394.7%	505.9%	441.9%	62.8%	2000%	-325%	-	-	-	-
TTM Net Profit	1212	1368	1077	861	801	506	476	435	388	395	294	219	133	-57	-84	-104	-91	-48	-5	0
EPS in Rs	211.38	308.21	266.14	133.82	329.92	87.51	102.47	87.81	106.45	64.81	71.24	52.06	111.25	-11.83	14.61	-12.61	-32.46	-32.51	-0.81	-3.32

Profit and Loss

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Sales	9057	8072	6992	5029	3240	1988	3081	3652	3423	3069	3025	2364	2022	1973
Sales Growth %	12.2%	15.4%	39%	55.2%	63%	-35.5%	-15.7%	6.7%	11.5%	1.5%	28%	16.9%	2.5%	-
Expenses	7574	6973	6096	4716	3190	1964	2820	3378	3155	2801	2751	2217	1925	1919
Operating Profit	1483	1099	897	313	50	24	261	275	268	268	274	147	97	54
OPM %	16	14	13	6	2	1	8	8	8	9	9	6	5	3
Other Income	322	446	37	268	52	2	3	82	69	86	71	66	60	44
Interest	3	26	62	68	41	28	28	15	7	6	5	7	9	8
Depreciation	286	280	267	241	191	174	195	151	129	113	92	81	85	70
Profit before tax	1516	1238	605	272	-130	-176	42	190	201	235	249	125	63	19
Tax %	20	35	36	51	-30	-30	-20	25	27	23	28	19	-24	25
Net Profit	1212	801	388	134	-91	-124	50	143	147	180	179	102	78	14
Net Profit Growth %	51.3%	106.4%	189.6%	247.3%	26.6%	-348%	-65%	-2.7%	-18.3%	0.6%	75.5%	30.8%	457.1%	-
EPS in Rs	919.55	607.71	294.54	101.42	-69.12	-93.83	38.08	108.78	111.66	136.68	135.77	77.06	59.08	10.94
Dividend Payout %	5	7	7	10	-14	-5	26	9	9	7	7	6	5	27

Cash Flows

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Cash from Operating Activity	1297	971	1014	532	18	7	409	314	256	471	256	226	116	86
Cash from Investing Activity	-900	-351	-198	-256	-356	-333	-327	-606	-81	-621	-210	-96	-100	-304
Cash from Financing Activity	-73	-562	-509	-207	375	293	-20	256	-223	180	-37	-45	-30	-16
Net Cash Flow	324	58	308	68	37	-32	62	-35	-47	30	9	85	-14	-234

Balance Sheet

	Mar 2026	Sep 2025	Mar 2025	Sep 2024	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Equity Capital	13	13	13	13	13	13	13	13	13	13	13	13	13	13	13	13
Reserves	4181	3493	3020	2468	2242	1862	1735	1825	1952	1920	1788	1654	1476	1306	1215	1141
Borrowings	0	0	17	229	524	955	1069	642	310	286	0	199	14	11	20	42
Other Liabilities	2343	1836	2083	1511	1635	1184	844	757	823	617	722	738	801	645	527	514
Total Liabilities	6538	5342	5134	4222	4415	4013	3661	3238	3098	2836	2523	2604	2305	1975	1775	1711
Fixed Assets	2222	2115	1969	2146	2031	2094	2033	1224	1400	1216	948	911	786	638	643	622
CWIP	236	190	287	59	171	154	302	725	445	372	369	220	205	240	206	189
Investments	98	95	103	90	91	97	111	100	78	23	10	9	14	0	0	0
Other Assets	3981	2941	2775	1927	2121	1668	1215	1189	1175	1225	1196	1463	1300	1097	925	900
Total Assets	6538	5342	5134	4222	4415	4013	3661	3238	3098	2836	2523	2604	2305	1975	1775	1711

Delivery

Delivery Data: FORCEMOT

#	Date	17002 15% 19604	Value (Cr)	Q/T 4	Del 33	Del 89
1	4-Sep	17500	85	4	39	33
2	3-Sep	17500	120	3	41	49
3	2-Sep	17600	182	4	34	62
4	1-Sep	17722	266	4	28	75
5	31-Aug	17526	152	4	41	62
6	28-Aug	17370	69	3	44	30
7	27-Aug	17375	70	3	40	28
8	26-Aug	17450	82	3	41	33
9	25-Aug	17431	132	4	45	60
10	24-Aug	17600	86	3	39	33
11	21-Aug	17770	73	3	36	27
12	20-Aug	17885	78	3	29	23
13	19-Aug	17837	120	3	42	51
14	18-Aug	18200	141	4	40	57
15	17-Aug	18605	97	3	27	26
16	14-Aug	18361	88	4	35	31
17	13-Aug	18525	248	4	33	83
18	12-Aug	19269	459	4	30	138
19	11-Aug	18330	76	3	30	23
20	10-Aug	18300	94	4	31	29
21	7-Aug	18500	87	4	31	27
22	6-Aug	18690	137	4	35	49
23	5-Aug	18538	162	4	30	49
24	4-Aug	18378	138	4	22	31
25	3-Aug	18494	229	4	30	68
26	31-Jul	17902	285	4	32	90
27	30-Jul	17618	376	4	22	82
28	29-Jul	17334	129	4	25	32
29	28-Jul	17197	141	3	24	34
30	27-Jul	17268	198	4	38	75
31	24-Jul	17620	198	4	19	38
32	23-Jul	17410	253	3	18	46
33	22-Jul	17418	127	3	39	49
34	21-Jul	17676	159	4	47	75
35	20-Jul	17910	86	3	40	34
36	17-Jul	18244	104	3	26	27
37	16-Jul	18505	150	4	39	59
38	15-Jul	18431	228	4	36	82
39	14-Jul	17660	100	3	43	43
40	13-Jul	17963	115	3	40	46
41	10-Jul	18170	99	3	35	35
42	9-Jul	18167	125	3	35	43
43	8-Jul	17864	254	4	32	81
44	7-Jul	18779	107	4	22	23
45	6-Jul	18746	122	4	32	39
46	3-Jul	18804	347	4	30	103
47	2-Jul	19367	711	4	22	155
48	1-Jul	18323	138	4	20	27
49	30-Jun	18580	292	4	24	71
50	29-Jun	17825	186	4	44	82

Daily Market Cap

Date	Total Market Cap	Change	Chg %
04-Sep	22,980c	70c	0.31
03-Sep	22,909c	46c	0.20
01-Sep	22,955c	263c	1.16
31-Aug	22,692c	47c	0.21
27-Aug	22,645c	214c	0.94
26-Aug	22,858c	141c	0.62
25-Aug	22,718c	220c	0.96
24-Aug	22,938c	237c	1.02
21-Aug	23,175c	72c	0.31
19-Aug	23,247c	473c	1.99
18-Aug	23,720c	528c	2.18
17-Aug	24,248c	318c	1.33
14-Aug	23,930c	997c	4.00
13-Aug	24,927c	186c	0.74
12-Aug	25,113c	1,191c	4.98
11-Aug	23,922c	424c	1.74
10-Aug	24,346c	235c	0.97
07-Aug	24,111c	265c	1.09
06-Aug	24,376c	424c	1.77
04-Aug	23,952c	662c	2.84
31-Jul	23,290c	175c	0.76
30-Jul	23,115c	587c	2.60
29-Jul	22,529c	132c	0.59
28-Jul	22,397c	136c	0.60
27-Jul	22,533c	424c	1.85
24-Jul	22,956c	0	0

Stock Checklist

Price is above from 52 week high low average: 24%

Stock is trading above all short term SMAs: NO

Stock is trading above all long term SMAs: NO

Stock is Consistently Improving Long Term: NO

FII purchased in last quarter: YES

Promoters are buying the stock: NO

Mutual Fund Holdings

Held by 115 fund scheme(s) across 23 fund house(s) as of Aug26 · Total value ₹495 Cr · 17 increasing / 57 decreasing · View in MF Pro →

Fund House	Schemes	Weight %	Change	Value (Cr)
Sundaram Mutual Fund	14	1.03%	+0.23%	396.2
Nippon India Mutual Fund	6	0.38%	-0.07%	30.2
Samco Mutual Fund	6	1.04%	-	27.3
WhiteOak Capital Mutual Fund	6	0.10%	-0.69%	25
Motilal Oswal Mutual Fund	6	0.15%	-0.07%	12.8
HDFC Mutual Fund	6	0.23%	-0.02%	7.1
ICICI Prudential Mutual Fund	4	0.36%	-0.02%	6.1
SBI Mutual Fund	6	0.01%	-0.26%	4.6
Edelweiss Mutual Fund	6	0.02%	-0.79%	3.8
Franklin Templeton Mutual Fund	2	0.23%	-0.01%	2.7
Axis Mutual Fund	4	0.25%	-0.27%	2
Tata Mutual Fund	4	0.43%	+0.21%	1.6
Groww Mutual Fund	4	0.14%	-0.06%	1.4
UTI Mutual Fund	4	0.25%	-0.35%	1.1
Navi Mutual Fund	6	0.61%	-0.92%	0.9
Bandhan Mutual Fund	6	0.22%	-0.06%	0.8
Jio BlackRock Mutual Fund	2	0.06%	-0.58%	0.5
Angel One Mutual Fund	4	0.19%	-0.43%	0.4
DSP Mutual Fund	4	0.23%	-0.10%	0.1
Zerodha Mutual Fund	1	0.20%	-	0
Kotak Mahindra Mutual Fund	4	0.00%	-0.01%	-2.3
Aditya Birla Sun Life Mutual Fund	6	-0.02%	-0.17%	-6
Mirae Asset Mutual Fund	4	-0.41%	+0.14%	-21.7

FORCE MOTORS LTD

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