FORCE MOTORS Share Price Today (FORCEMOT)
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Closed at ₹17,799 (−0.91%); delivery 40.1%. Market opens 9:15 IST. · as of 11:21 IST
With a market cap of ₹23,449.79 Cr., it trades at a P/E of 19.55. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.
How good is this company?
Overall performance across 5 key dimensions.
FORCE MOTORS flags
Key strengths and potential risks.
Green Flags
- ●High Capital EfficiencyROCE of 36.1% indicating pricing power
- ●Strong Return on EquityHealthy ROE of 29.2%
- ●Healthy Operating MarginsOPM is structurally strong at 16.4%
- ●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
What changed recently?
Recent events, corporate actions, and announcements.
FORCE MOTORS LTD valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for FORCE MOTORS LTD, framed against the sector median so the premium or discount is obvious at a glance.
FORCE MOTORS LTD trades at a P/E of 19.55× and P/B of 5.65×.
Valuation
Profitability
Growth
Financial Health
FORCE MOTORS LTD technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for FORCE MOTORS LTD — derived from the live tape, not yesterday's close.
FORCE MOTORS LTD last traded at ₹17,799 with an intraday range of ₹17,655–₹17,896 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹17799.00| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 18393.67 | +594.67 | +3.34% |
| R3 | 18152.67 | +353.67 | +1.99% |
| R2 | 18024.33 | +225.33 | +1.27% |
| R1 | 17911.67 | +112.67 | +0.63% |
| PIVOT | 17783.33 | -15.67 | -0.09% |
| CURRENT | 17799.00 | — | — |
| S1 | 17670.67 | -128.33 | -0.72% |
| S2 | 17542.33 | -256.67 | -1.44% |
| S3 | 17429.67 | -369.33 | -2.08% |
| S4 | 17188.67 | -610.33 | -3.43% |
FORCEMOT is trading Above CPR, indicating Bullishness
CPR is Narrower, suggesting likely for trending moves
Day's range: ₹17711–₹17896
Trading Below opening range, showing Bearishness
FORCE MOTORS LTD financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for FORCE MOTORS LTD, switchable between annual and quarterly views, consolidated or standalone.
FORCE MOTORS LTD reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹23,449.79 Cr. and reported EPS of ₹920.00.
| Period | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 3,652 | 3,081 | 1,988 | 3,240 | 5,029 | 6,992 | 8,072 | 9,057 |
| Other Income | 82 | 43 | 25 | 52 | 62 | 39 | 57 | 110 |
| Total Income | 3,734 | 3,123 | 2,013 | 3,292 | 5,091 | 7,031 | 8,128 | 9,168 |
| Cost of Goods Sold (COGS) | 2,780 | 2,223 | 1,494 | 2,619 | 3,920 | 5,124 | 5,947 | 6,405 |
| Gross Profit | 872 | 858 | 494 | 621 | 1,109 | 1,868 | 2,125 | 2,652 |
| +Operating Expenses | 593 | 589 | 481 | 554 | 779 | 959 | 1,032 | 1,169 |
| EBITDA | 279 | 269 | 13 | 67 | 330 | 909 | 1,093 | 1,483 |
| +Non-Operating Expenses | 166 | 183 | 202 | 232 | 517 | 329 | 701 | 500 |
| Profit Before Tax (PBT) | 194 | 50 | -164 | -113 | 291 | 619 | 1,238 | 1,516 |
| +Tax Expense | 47 | -8 | -52 | -39 | 139 | 217 | 437 | 304 |
| Total Profit for Period | 143 | 50 | -124 | -91 | 134 | 388 | 801 | 1,212 |
| Less: Non-controlling Interests | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit (Owner's PAT) | 143 | 50 | -124 | -91 | 134 | 388 | 801 | 1,212 |
| Earnings Per Share (EPS) | 108.78 | 38.08 | -93.83 | -69.12 | 101.42 | 294.54 | 607.71 | 919.56 |
| Diluted Shares Outstanding (Nos.) | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| +Additional Disclosures | 6,321 | 5,286 | 3,669 | 6,016 | 8,708 | 11,528 | 12,842 | 14,059 |
| Sales Growth % | — | -15.66 | -35.46 | 62.98 | 55.20 | 39.04 | 15.44 | 12.21 |
| YoY Sales Growth % | — | -15.66 | -35.46 | 62.98 | 55.20 | 39.04 | 15.44 | 12.21 |
| Material Cost % | 77 | 69 | 76 | 80 | 78 | 75 | 74 | 71 |
| Employee Cost % | 11 | 13 | 18 | 11 | 8 | 8 | 7 | 8 |
| Other Cost % | 5 | 6 | 7 | 6 | 7 | 6 | 5 | 5 |
| OPM % | 8 | 9 | 1 | 2 | 7 | 13 | 14 | 16 |
| Tax % | 24 | -16 | 32 | 34 | 48 | 35 | 35 | 20 |
| Profit Growth % | — | -65.00 | -346.42 | 26.33 | 246.73 | 190.40 | 106.33 | 51.31 |
| Gross Margin % | 23.87 | 27.84 | 24.87 | 19.17 | 22.05 | 26.71 | 26.32 | 29.29 |
| EBITDA Margin % | 7.63 | 8.73 | 0.66 | 2.07 | 6.56 | 13.00 | 13.54 | 16.38 |
| Interest Coverage Ratio | 8.34 | 2.67 | -5.69 | -3.02 | 1.30 | 10.33 | 31.41 | 367.23 |
| Ebit | 128 | 74 | -161 | -124 | 89 | 642 | 812 | 1,197 |
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
The Bull, Bear, and Flip case for FORCE MOTORS LTD.
Our AI distills the core fundamental drivers supporting FORCE MOTORS LTD, the risks that threaten it, and the exact valuation or growth triggers that should make you re-evaluate.
FORCE MOTORS LTD's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
ROE 29.20% and ROCE 36.10% substantially exceed automotive sector peer averages.
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 ₹1,296.70 Cr supports capex, dividends, and strategic investments sustainably.
Promoter holding 61.63% signals strong founder alignment and long-term strategic commitment.
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 0.22% minimal, unattractive for income-focused investors seeking returns.
Stock trades 73% of 52-week high ₹26,450, suggesting downside risk remains unresolved.
Flip Conditions.
Trim if P/E re-rates above 25. The valuation cushion thins from there.
Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.
Exit if ROE slips below 24%. The operating engine is no longer compounding capital efficiently.
Income thesis breaks if the dividend is cut or yield falls below 0.11%.
FORCE MOTORS LTD peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — FORCE MOTORS LTD is highlighted for quick read-across.
Quick Compare
Peer Comparison
| Company Name |
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FORCE MOTORS LTD chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for FORCE MOTORS LTD — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
- 1Pick how to scan. Detection sets sensitivity — Daily (standard) → Weekly (big swings). History sets how far back to look.
- 2Read the summary. The tiles at the top give the current read: net bias, the strongest pattern, and the one nearest to triggering.
- 3Scan the list. Use the Actionable, Watchlist, and History tabs to browse patterns. Click a pattern card to focus it.
- 4Inspect on the chart. Focusing draws the pattern’s pivots plus its break (blue), target (amber) and invalidation lines.
- 5Filter to what matters. Use the status controls (Confirmed, Forming, Invalidated) to hide noise and find exactly what you are looking for.
Pattern history — every completed pattern and its outcome
FORCE MOTORS LTD delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for FORCE MOTORS LTD over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in FORCE MOTORS LTD stood at 40.1% of traded volume, against a 20-day average of 28.5%.
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 104 documents below.
Monthly Business Updates
FORCE MOTORS LTD has informed the Exchange regarding Monthly Business Updates for the month of June 2026
Monthly Business Updates
FORCE MOTORS LTD has informed the Exchange regarding Monthly Business Updates for the month of April 2026
Press Release
FORCE MOTORS LTD has informed the Exchange regarding a press release dated May 05, 2026, titled "Force Motors launches- New Force Traveller N Range…
Product launch
FORCE MOTORS LTD has informed the Exchange about Product launch
Copy of Newspaper Publication
FORCE MOTORS LTD has informed the Exchange about copy of Newspaper Publication for Audited Standalone and Consolidated financial results of the…
Investor decks & rating reports.
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 FORCE MOTORS LTD: business, sector, key facts.
What FORCE MOTORS LTD does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
FORCE MOTORS LTD operates in the Passenger Cars & Utility Vehicles industry under the Automobile and Auto Components sector, listed as NSE: FORCEMOT, BSE: 500033.
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.
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Questions investors ask about FORCE MOTORS LTD (FORCEMOT).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of FORCE MOTORS LTD (FORCEMOT)?
The current share price of FORCE MOTORS LTD (FORCEMOT) is ₹17,799. Today, the stock has declined by ₹164.00 (0.91%), trading in a range of ₹17,655 to ₹17,896. The stock opened at ₹17,895 with a trading volume of 28,930 shares.
02Is FORCE MOTORS LTD stock a good investment for long-term?
FORCE MOTORS LTD can be considered for long-term investment based on several factors. The company has a market capitalization of ₹23,449.79 crores, P/E ratio of 19.55, ROE of 29.20%, and ROCE of 36.10%. The dividend yield stands at 0.22%. 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 LTD stock?
The 52-week high price of FORCE MOTORS LTD (FORCEMOT) is ₹26,450, while the 52-week low is ₹14,911. Currently trading at ₹17,799, the stock is 25.0% away from its 52-week low and 32.7% 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 LTD stock at the current price?
Whether to buy FORCE MOTORS LTD stock at ₹17,799 depends on multiple factors. The stock is currently trading with a P/E ratio of 19.55 and P/B ratio of 5.65. Today's performance shows a loss of 0.91%. 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 LTD and when is the next dividend?
FORCE MOTORS LTD offers a dividend yield of 0.22%, which means for every ₹100 invested at the current price of ₹17,799, you can expect to receive approximately ₹0.22 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 LTD?
FORCE MOTORS LTD's key financial metrics include: P/E Ratio: 19.55, P/B Ratio: 5.65, ROE: 29.20%, ROCE: 36.10%, Dividend Yield: 0.22%, EPS: ₹920.00, Book Value: ₹3,127.62, and Debt-to-Equity: 0.00. The company's market cap stands at ₹23,449.79 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is FORCE MOTORS LTD stock performing today in the market?
FORCE MOTORS LTD stock opened at ₹17,895 and is currently trading at ₹17,799, showing a decline of ₹164.00 (0.91%). The intraday high is ₹17,896 and low is ₹17,655. The trading volume stands at 28,930 shares, indicating moderate market participation today.
08What is the P/E ratio of FORCE MOTORS LTD and what does it indicate?
FORCE MOTORS LTD has a Price-to-Earnings (P/E) ratio of 19.55, which means investors are willing to pay ₹19.55 for every ₹1 of earnings. With an EPS of ₹920.00, 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.
The data, ratios and commentary about FORCE MOTORS LTD (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.