FORCE MOTORS LTD

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

16885 678(-4%)

Near 52W Low of 16109

Volume

49k as on 16, Oct

Open

17,720

High

17,763

Low

17,360

17,563

VWAP

17,666

52 Week High

26,450

52 Week Low

16,109

Viand Research Rating

Quality Score

53/100

Growth Score

64/100

Valuation Score

50/100

Momentum Score

20/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

22,006

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

Rank/Sector Rank

#360/#31

Promoter Holding

61.63%

FII Holding

10.93%

DII Holding

1.75%

Price Chart

Price Performance

1 Week5%

1 Month2%

3 Months4%

6 Months21%

1 Year1%

YTD15%

Moving Average

5 Day SMA17,346

10 Day SMA17,104

20 Day SMA17,152

30 Day SMA17,300

50 Day SMA17,587

61 Day SMA17,615

80 Day SMA17,773

200 Day SMA19,526

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	18,624	17,777	18,225	18,662
Resistance 2	18,225	17,711	17,948	18,244
Resistance 1	17,901	17,644	17,778	17,940
Pivot Point	17,502	17,578	17,502	17,521
Support 1	17,178	17,512	17,225	17,216
Support 2	16,779	17,445	17,055	16,798
Support 3	16,455	17,379	16,779	16,494

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	M&M	3,59,255	2889	4%	5%	9%	19%	22	54.5	1.47	18622
2	MARUTI	3,52,131	11200	1%	6%	14%	30%	29	54.5	0	14680
3	BAJAJ-AUTO	2,76,782	10072	6%	10%	6%	14%	28	54.5	0.58	10574
4	EICHERMOT	1,96,846	7170	3%	3%	2%	4%	42	54.5	0.02	5515
5	TVSMOTOR	1,89,683	3993	6%	2%	9%	12%	244	54.5	3.43	3186
6	MOTHERSON	1,65,983	157	5%	1%	30%	51%	42	54.5	0.22	1796
7	HYUNDAI	1,57,950	1944	2%	8%	7%	14%	29	54.5	0.05	5432
8	BOSCHLTD	1,31,258	44500	5%	4%	22%	16%	43	54.5	0.01	2770
9	HEROMOTOCO	1,03,143	5154	7%	0%	1%	7%	21	54.5	0.01	5268
10	TMPV	1,01,547	276	2%	5%	19%	28%	51	54.5	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	16520 18% 19448	Value (Cr)	Q/T 3	Del 42	Del 72
1	21-Oct	16885	93	3	38	35
2	19-Oct	17563	85	3	26	22
3	16-Oct	17700	87	3	34	30
4	15-Oct	17578	174	4	40	69
5	14-Oct	17270	65	3	33	21
6	13-Oct	17170	91	3	45	41
7	12-Oct	17010	65	3	32	21
8	9-Oct	16900	63	3	29	18
9	8-Oct	16700	82	3	39	32
10	7-Oct	16956	92	3	38	35
11	6-Oct	17110	111	4	39	43
12	5-Oct	16650	105	3	33	35
13	1-Oct	16800	198	4	30	59
14	30-Sep	17054	98	4	31	30
15	29-Sep	16905	139	4	31	43
16	28-Sep	17100	107	3	34	37
17	25-Sep	17388	112	3	33	37
18	24-Sep	17142	98	4	41	40
19	23-Sep	17352	55	3	42	23
20	22-Sep	17275	112	3	54	61
21	21-Sep	17485	66	3	46	30
22	18-Sep	17488	112	4	58	65
23	17-Sep	17650	110	3	39	43
24	16-Sep	17383	99	3	36	36
25	15-Sep	17245	119	3	51	60
26	11-Sep	17705	116	3	38	44
27	10-Sep	18175	402	4	31	126
28	9-Sep	17355	64	3	37	24
29	8-Sep	17625	83	3	46	38
30	7-Sep	17829	91	3	39	35
31	4-Sep	17500	85	4	39	33
32	3-Sep	17500	120	3	41	49
33	2-Sep	17600	182	4	34	62
34	1-Sep	17722	266	4	28	75
35	31-Aug	17526	152	4	41	62
36	28-Aug	17370	69	3	44	30
37	27-Aug	17375	70	3	40	28
38	26-Aug	17450	82	3	41	33
39	25-Aug	17431	132	4	45	60
40	24-Aug	17600	86	3	39	33
41	21-Aug	17770	73	3	36	27
42	20-Aug	17885	78	3	29	23
43	19-Aug	17837	120	3	42	51
44	18-Aug	18200	141	4	40	57
45	17-Aug	18605	97	3	27	26
46	14-Aug	18361	88	4	35	31
47	13-Aug	18525	248	4	33	83

Daily Market Cap

Date	Total Market Cap	Change	Chg %
21-Oct	22,006c	884c	3.86
19-Oct	22,890c	179c	0.77
17-Oct	23,068c	0	0
16-Oct	23,068c	159c	0.69
15-Oct	22,909c	459c	2.04
14-Oct	22,451c	73c	0.33
13-Oct	22,378c	209c	0.94
12-Oct	22,169c	183c	0.83
09-Oct	21,987c	222c	1.02
08-Oct	21,765c	184c	0.84
05-Oct	21,949c	202c	0.91
01-Oct	22,151c	111c	0.50
29-Sep	22,040c	246c	1.11
28-Sep	22,286c	13c	0.06
25-Sep	22,299c	278c	1.23
24-Sep	22,577c	63c	0.28
22-Sep	22,514c	171c	0.75
17-Sep	22,685c	538c	2.32
10-Sep	23,223c	91c	0.39
07-Sep	23,132c	0	0

Stock Checklist

Price is above from 52 week high low average: 8%

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 113 fund scheme(s) across 26 fund house(s) as of Oct26 · Total value ₹725 Cr · 23 increasing / 18 decreasing · View in MF Pro →

Fund House	Schemes	Weight %	Change	Value (Cr)
Sundaram Mutual Fund	14	1.33%	+0.23%	485.5
PGIM India Mutual Fund	2	0.60%	-	126.4
WhiteOak Capital Mutual Fund	6	0.20%	-0.02%	57.8
Nippon India Mutual Fund	6	0.36%	-0.01%	28.1
Motilal Oswal Mutual Fund	6	0.14%	-0.01%	11.8
Edelweiss Mutual Fund	6	0.04%	+0.01%	7.8
HDFC Mutual Fund	6	0.21%	-0.01%	6.7
ICICI Prudential Mutual Fund	6	0.01%	-0.01%	4.1
Axis Mutual Fund	4	0.25%	+0.05%	1.9
Jio BlackRock Mutual Fund	1	0.37%	-0.01%	1.4
Tata Mutual Fund	4	0.39%	-0.02%	1.3
Groww Mutual Fund	4	0.13%	-0.01%	1.3
UTI Mutual Fund	4	0.25%	+0.01%	1.1
Bandhan Mutual Fund	4	0.28%	-0.02%	0.8
Navi Mutual Fund	6	0.48%	-	0.8
Aditya Birla Sun Life Mutual Fund	4	0.17%	-0.02%	0.5
The Wealth Company Mutual Fund	2	0.54%	+0.28%	0.4
Angel One Mutual Fund	4	0.18%	-0.02%	0.3
Kotak Mahindra Mutual Fund	4	0.00%	-0.02%	0.3
DSP Mutual Fund	4	0.20%	-0.01%	0.1
Zerodha Mutual Fund	1	0.16%	-0.01%	0
Invesco Mutual Fund	2	0.00%	-	-0.4
ICICI Prudential Asset Management Company Limited	1	0.00%	-	-0.9
Bajaj Finserv Mutual Fund	2	-0.06%	+0.05%	-1.4
SBI Mutual Fund	6	-0.01%	-0.01%	-5.1
Mirae Asset Mutual Fund	4	-0.11%	-0.41%	-6

FORCE MOTORS LTD

Price Chart

Price Performance

Moving Average

PIVOT LEVEL

Competitors/Peers

Shareholding Pattern (%)

Quarterly Results

Profit and Loss

Cash Flows

Balance Sheet

Delivery

Daily Market Cap

Stock Checklist

Mutual Fund Holdings

Strategy Builder

Bulk Deals

Events

News

Exchange Filings

Annual Reports

Ratings & Research Reports

Concalls

Announcements