🎁
DIWALI SPECIAL

20% OFF + 1-Yr NT Prime FREE !

Use
00h : 00m : 00s
Claim Offer →
logo
Market statusData NSENot investment advice
FORCE MOTORS

FORCE MOTORS Latest Share Price (FORCEMOT)

₹16,856.00
238.00−1.39%
Overall Score66/100
Day range16,779
₹16,856.00
17,390
52-week16,184
₹16,856.00
26,450
Above low+4.2%
Below high36.3%
Range position7%
Open16,860.00
Prev Close17,094.00
Bid16,855.16100
Ask16,856.84100

TODAY IN ONE LINE

FORCEMOT fell 1.4% on average volume, lagging Nifty's 1.1% move.

With a market cap of ₹22,213.86 Cr., it trades at a P/E of 18.59. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume89.6K+39%vs 20D avg
Price BandNo Band
Lower Band15,092
Upper Band18,444
Tick Size1.00
Daily Volatility2.90%
Annualised Vol55.40%
Market Cap₹22,213.86 Cr.
Promoter61.63%
Face Value₹10
Fwd P/E—
PEG0.14
EV/EBITDA11.22
P/S2.45
ROA12.82%
Beta1.53
Div Payout4.35%
THE STOCK SCORE
Overall Score66/100
Updated 29 Oct

How good is this company?

Overall performance across 5 key dimensions.

Each card tappable → shows formula + inputs
FLAGS & NEWS

FORCE MOTORS flags & news 

Key strengths, potential risks, and recent updates.

✅ 7 green flags🚩 2 red flags

Green Flags

  • ●High Capital EfficiencyROCE of 33.1% indicating pricing power
  • ●Strong Return on EquityHealthy ROE of 28.9%
  • ●Healthy Operating MarginsOPM is structurally strong at 16.8%
  • ●High Promoter HoldingPromoters hold 61.6% skin-in-the-game
  • ●Virtually Debt-FreeVery low Debt-to-Equity of 0.00x
  • ●Positive Free Cash FlowFCF has been positive for 3 consecutive years
  • ●Zero Pledge RiskNo recent active promoter pledging found

Red Flags

  • ●Earnings DeclineEPS (TTM) has contracted by 37.0% YoY
  • ●FII SellingFII holding decreased by 2.43% QoQ

Latest FORCE MOTORS News

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

23 OCT 2026
corporate
Copy of Newspaper Publication - FORCE MOTORS LTD has informed the Exchange about Copy of Newspaper Publication regarding the notice ...
View PDF
🔒Prime: full history + alerts on this stock
Valuation

FORCE MOTORS valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for FORCE MOTORS, framed against the sector median so the premium or discount is obvious at a glance.

FORCE MOTORS trades at a P/E of 18.59× and P/B of 4.79×.

Key MetricsMarket + reported · 29 Oct 2026Consolidated

Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.

Valuation

Valuation

Market Cap
₹22,213.86 Cr.
P/E Ratio
18.59
P/B Ratio
4.79
EPS
₹934.72
Profitability

Profitability

ROE
28.87%
ROCE
33.08%
Net Margin
13.38%
Op Margin
16.77%
Growth

Growth

EPS YoY
-37%
Revenue YoY
8.2%
Qtr Sales
—
Qtr Profit
—
Financial Health

Financial Health

Debt / Equity
—
Book Value
₹3,127.62
Div Yield
0.29%
Promoter Holding
61.63%
Technicals

FORCE MOTORS technical analysis: indicators, pivots and CPR.

Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for FORCE MOTORS — derived from the latest tape, not yesterday's close.

FORCE MOTORS last traded at ₹16,856 with an intraday range of ₹16,779–₹17,390 — latest indicator, pivot and CPR signals below.

Last updated: 30 October 2026, 4:08 pm IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Last: ₹16856.00
LevelPrice (₹)Distance% Δ
R418459.67+1603.67+9.51%
R317848.67+992.67+5.89%
R217619.33+763.33+4.53%
R117237.67+381.67+2.26%
PIVOT17008.33152.330.90%
CURRENT16856.00——
S116626.67-229.33-1.36%
S216397.33-458.67-2.72%
S316015.67-840.33-4.99%
S415404.67-1451.33-8.61%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 16932.17P: 17008.33TC: 17084.50
R1
R2
R3
R4
indicator
LTP: 16856.00
PDH: 17494.00
PDL: 16825.00
● Market Sentiment

FORCEMOT is trading Below CPR, indicating Bearishness

● CPR Width

CPR is Wider, suggesting unlikely for trending moves

● Opening Range

Day's range: ₹16779–₹17390

● Price Position

Trading Inside opening range

Financials

FORCE MOTORS financials: P&L, balance sheet, cash flow, ratios.

Reported annual and quarterly results for FORCE MOTORS — consolidated or standalone — with margins, YoY growth and key ratios inline.

FORCE MOTORS reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹22,213.86 Cr. and reported EPS of ₹934.72.

iTap any row for a plain-English meaning▲▼Change vs a year ago — green means the move is healthy for that line, red means it isn’tDerivedCalculated by us, not reported directly
Mobile view
Latest vs previous year
MetricMar 2026Apr 2026
Revenue from Operations9,057
9,057
▲ 0.0%
Sales Growth YoY %Derived12.21%
12.21%
Other Income110
110
▲ 0.0%
Total Income9,168
9,168
▲ 0.0%
6,405
6,405
▲ 0.0%
Gross ProfitDerived2,652
2,652
▲ 0.0%
Gross Margin %Derived29.29%
29.29%
1,169
1,169
▲ 0.0%
EBITDA (Operating Profit)Derived1,483
1,483
▲ 0.0%
OPM %Derived16.38%
16.38%
500
500
▲ 0.0%
Profit Before Tax (PBT)1,516
1,516
▲ 0.0%
304
304
▲ 0.0%
Effective Tax %Derived20.06%
20.06%
Total Profit for Period1,212
1,212
▲ 0.0%
Less: Non-controlling Interests0
0
▲ 0.0%
Net Profit (Owner's PAT)Derived1,212
1,212
▲ 0.0%
Net Profit Margin %Derived13.38%
13.38%
PAT Growth YoY %Derived51.31%
51.31%
Earnings Per Share (EPS ₹)919.56
919.56
▲ 0.0%
Diluted Shares Outstanding (Cr)1
1
▲ 0.0%
Share of Profit from Associates/JVs0
0
▲ 0.0%
Other Comprehensive Income (Net of Tax)2
2
▲ 0.0%
Total Expenses (incl. D&A & Interest)7,652
7,652
▲ 0.0%
Material Cost % of RevenueDerived70.96%
70.96%
Employee Cost % of RevenueDerived7.58%
7.58%
Other Cost % of RevenueDerived5.33%
5.33%
Interest Coverage (x)Derived367.23x
367.23x
Sales CAGR · 3Y
+3.9%
Sales CAGR · 5Y
+5.3%
PAT CAGR · 3Y
+14.8%
PAT CAGR · 5Y
+25.6%
all values in ₹ Cr unless marked % / x / ₹ · fiscal-period end shown · reported figures via Stockezee financials API · annual results may be audited; quarterly results may be unaudited or limited-review
Segment Analysis

FORCE MOTORS segment analysis : revenue and profit mix.

Disclosed business segments at FORCE MOTORS with their share of revenue and profit, switchable between consolidated and standalone reporting.

FORCE MOTORS discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for FORCE MOTORS.

Our AI distills the core fundamental drivers supporting FORCE MOTORS, the risks that threaten it, and the quantitative conditions that could weaken the thesis.

FORCE MOTORS's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • ROE 28.87% and ROCE 36.07% substantially exceed automotive sector peer averages significantly.

  • Operating margin 13.22% and net margin 13.38% demonstrate superior profitability versus peers.

  • Debt-to-equity 0.00 with zero total debt ensures fortress balance sheet and financial flexibility.

  • Operating cash flow ₹269.52 Cr supports capex, dividends, and strategic investments sustainably.

  • Promoter holding 61.63% signals strong founder alignment and long-term strategic commitment.

bear case

Key Risks.

  • Latest quarterly EPS declined 35.9% YoY despite revenue growth, indicating earnings volatility.

  • TTM EPS declined 37.0% YoY, reflecting sustained earnings pressure and investor concern.

  • P/E 20.02x elevated relative to historical norms, valuation stretched near recent peaks.

  • Dividend yield 0.29% minimal, unattractive for income-focused investors seeking returns.

  • Stock trades 73% of 52-week high ₹26,450, suggesting downside risk remains unresolved.

flip conditions

Flip Conditions.

  • Valuation risk. a P/E above 24 would leave less room for earnings disappointment.

  • Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.

  • Return-quality risk. ROE below 24% would indicate weaker capital compounding.

  • Income thesis breaks if the dividend is cut or yield falls below 0.14%.

Shareholding

FORCE MOTORS shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in FORCE MOTORS — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

Annual • Sep 2026

Promoters61.63%
Public28.79%↑1.40%
DII2.49%↑1.03%
FII7.09%↓2.43%

Ownership Distribution

Promoters
61.63%
Retail & Public
28.79%
Domestic Institutions
2.49%
Foreign Institutions
7.09%

Category Trends

Foreign Institutions Breakdown
Total Holding: 7.09%
Net Change: -2.43%
Category Total7.09%
Total Holding7.09%
Net Change-2.43%
Not Fully Disclosed

⚠️Partial Disclosure Notice

Individual institutions below total 0.00%, but category aggregate is 7.09%. Some institutions may not be disclosed by the company as per regulatory requirements.

Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod
JUPITER INDIA FUND
0.00%
0.00%
0.00%
Sep 2026
Point Break Capital Lp
0.00%
0.00%
0.00%
Sep 2026
NATIONAL WESTMINSTER BANK PLC AS TRUSTEE OF THE JUPITER INDIA FUND
0.00%
0.00%
0.00%
Sep 2026
Point Break Capital LLP
0.00%
0.00%
0.00%
Sep 2026
Peers

FORCE MOTORS peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — FORCE MOTORS is highlighted for quick read-across.

09 · Chart Patterns

FORCE MOTORS chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for FORCE MOTORS — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

Delivery Conviction

FORCE MOTORS delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for FORCE MOTORS over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in FORCE MOTORS stood at 23.8% of traded volume, against a 20-day average of 33.6%.

Avg Delivery (20D)33.6%-9.8 ppt latest vs avg
Highest Delivery44.5%on 13 Oct
Avg Volume (20D)64.4 K20-day run-rate
Conviction Trend↓ Weakening-9.8 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

FORCE MOTORS announcements: results, concalls, ratings, M&A.

Filings FORCE MOTORS sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

FORCE MOTORS files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 148 documents below.

  1. 23 Oct 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    FORCE MOTORS LTD has informed the Exchange about Copy of Newspaper Publication regarding the notice of Special Window for Transfer and…

  2. 21 Oct 2026Trading WindowView PDF

    Trading Window

    FORCE MOTORS LTD has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

  3. 19 Oct 2026Credit RatingView PDF

    Credit Rating

    FORCE MOTORS LTD has informed the Exchange about Credit Rating

  4. 14 Oct 2026Certificate under SEBI (Depositories and Participants) Regulations, 2018View PDF

    Certificate under SEBI (Depositories and Participants) Regulations, 2018

    FORCE MOTORS LTD has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

  5. 02 Oct 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    FORCE MOTORS LTD has informed the Exchange about Copy of Newspaper Publication of Notice of 02/2026-27 EGM of 'Second A' Equity shareholders of the…

Corporate Actions

FORCE MOTORS dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue FORCE MOTORS has declared, sequenced by announce and record date.

FORCE MOTORS corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

About the Company

About FORCE MOTORS: business, sector, key facts.

What FORCE MOTORS does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

FORCE MOTORS operates in the Passenger Cars & Utility Vehicles industry under the Automobile and Auto Components sector, listed as NSE: FORCEMOT, BSE: 500033.

FORCEMOT
Automobile and Auto Components

FORCE MOTORS

NSE · FORCEMOT·BSE · 500033·www.forcemotors.com

Force Motors Limited is a fully integrated Indian automobile company with a broad portfolio encompassing the design, development, manufacturing, and sale of diverse automotive products. Their operations span the entire value chain, from creating individual components and aggregates to assembling complete vehicles for a wide variety of applications.

A significant portion of Force Motors' business revolves around the production and distribution of vehicles categorized into several distinct segments. These include passenger vehicles catering to individual consumers, specialized vehicles such as ambulances and school buses fulfilling specific societal needs, and delivery vans serving commercial purposes. The company also manufactures small, light, and multi-utility commercial vehicles designed for various business applications. Beyond these, they provide specialized utility vehicles with a focus on off-road and recreational vehicles, as well as vehicles designed for military use.

Further diversifying their offerings, Force Motors also produces and sells agricultural tractors, contributing to the agricultural sector in India and potentially beyond. This diversified product line allows the company to cater to a broad spectrum of market demands, reducing reliance on any single segment.

Force Motors' reach extends beyond the domestic Indian market, with a robust export division distributing their products to several international regions. These export markets include countries in the Middle East, Asia, Latin America, and Africa, highlighting the global appeal and competitive nature of their products. This international presence contributes significantly to the overall revenue and market position of the company.

Established in 1958 and headquartered in Pune, India, Force Motors has a long history of operation within the automotive industry. It functions as a subsidiary of Jaya Hind Industries Pvt. Ltd., indicating a strong backing and established corporate structure within a larger business group.

company facts
Employees—
SectorAutomobile and Auto Components
HeadquartersPune, India
Market Cap₹22,213.86 Cr.
Listed OnNSE
leadership24 on record
Ashutosh Walimbe
General Manager of Sustainability
Dr. Abhaykumar Navalmal Firodia
Chairman
Lt. Gen. (Retd.) Dr. Dattatray Shekatkar
Non-Executive Independent Director
Mr. Abhaykumar Firodia
Executive Chairman of the Board, Managing Director
Mr. Makarand P. Kanade
President of Engineering & Corporate Quality
Mr. Mukesh Patel
Non-Executive Independent Director
Mr. Pradeep S. Dhadiwal
President of Special Projects
Mr. Prasan Firodia
Managing Director, Executive Director
Mr. Prasan Singh Abhaykumar Firodia
MD & Director
Mr. Prashant Inamdar
Executive Director - Operations
Mr. Prashant Vijay Inamdar
Executive Director of Operations & Executive Director
Mr. Prataprao Pawar
Non-Executive Independent Director
§ ∞ · Plainly Answered

Questions investors ask about FORCE MOTORS (FORCEMOT).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of FORCE MOTORS (FORCEMOT)?

The current share price of FORCE MOTORS (FORCEMOT) is ₹16,856.00. Today, the stock has declined by ₹238.00 (1.39%), trading in a range of ₹16,779.00 to ₹17,390.00. The stock opened at ₹16,860.00 with a trading volume of 89,586 shares.

02Is FORCE MOTORS stock a good investment for long-term?

FORCE MOTORS can be considered for long-term investment based on several factors. The company has a market capitalization of ₹22,213.86 Cr., P/E ratio of 18.59, ROE of 28.87%, and ROCE of 33.08%. The dividend yield stands at 0.29%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of FORCE MOTORS stock?

The 52-week high price of FORCE MOTORS (FORCEMOT) is ₹26,450.00, while the 52-week low is ₹16,184.00. Currently trading at ₹16,856.00, the stock is 4.15% above its 52-week low and 36.27% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy FORCE MOTORS stock at the current price?

Whether to buy FORCE MOTORS stock at ₹16,856.00 depends on multiple factors. The stock is currently trading with a P/E ratio of 18.59 and P/B ratio of 4.79. Today's performance shows a loss of 1.39%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of FORCE MOTORS and when is the next dividend?

FORCE MOTORS offers a dividend yield of 0.29%, which means for every ₹100 invested at the current price of ₹16,856.00, you can expect to receive approximately ₹0.29 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of FORCE MOTORS?

FORCE MOTORS's key financial metrics include: P/E Ratio: 18.59, P/B Ratio: 4.79, ROE: 28.87%, ROCE: 33.08%, Dividend Yield: 0.29%, EPS: ₹934.72, Book Value: ₹3,127.62, and Debt-to-Equity: 0. The company's market cap stands at ₹22,213.86 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is FORCE MOTORS stock performing today in the market?

FORCE MOTORS stock opened at ₹16,860.00 and is currently trading at ₹16,856.00, showing a decline of ₹238.00 (1.39%). The intraday high is ₹17,390.00 and low is ₹16,779.00. The trading volume stands at 89,586 shares, indicating moderate market participation today.

08What is the P/E ratio of FORCE MOTORS and what does it indicate?

FORCE MOTORS has a Price-to-Earnings (P/E) ratio of 18.59, which means investors are willing to pay 18.59 for every ₹1 of earnings. With an EPS of ₹934.72, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about FORCE MOTORS (FORCEMOT) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.