FORCE MOTORS LTD
FORCEMOT · 500033 · Consumer Discretionary · Passenger Cars & Utility Vehicles
- Market cap
- Rs 22,216 Cr
- P/E
- 18.58x
- P/B
- 4.79x
- 52W high / low
- Rs 26,450 / Rs 16,184
P/E, P/B and ROE are inconsistent: ROE x P/E = 6.15 but P/B = 4.79 (> 25% apart); one input is likely on a different basis.
About FORCE MOTORS
FORCE MOTORS LTD is listed on the NSE under the symbol FORCEMOT and on the BSE under scrip code 500033. It is classified in the Consumer Discretionary sector, industry: Passenger Cars & Utility Vehicles. It is a constituent of BSE 500, NIFTY 500 and NIFTY Smallcap 250. The company listed on 14 Feb 2024 and has a face value of Rs 10.
The latest available end-of-day price is Rs 16,856 (−1.39% on the day), for a market capitalisation of Rs 22,216 Cr. Trailing P/E is 18.58x and price-to-book is 4.79x. The 52-week range is Rs 16,184 to Rs 26,450. The latest price is 7% of the way from the 52-week low to the 52-week high.
Against the 4-company comparison set from the official BSE basic industry Passenger Cars & Utility Vehicles, its market capitalisation is 1.0 times the peer median of Rs 22,216 Cr, and its P/E of 18.58x compares with a peer median of 34.14x. The comparison set is chosen mechanically from the exchange classification; it is not a ranking.
Latest annual results
For FY26 (year ended 31 Mar 2026), FORCE MOTORS LTD reported revenue of Rs 9,057 Cr and net profit of Rs 1,212 Cr, with a net margin of 13.38% and earnings per share of Rs 919.56 (consolidated statements).
Year-on-year change: revenue +12.79%; net profit +51.31%; EPS +51.32%. Three-year compound annual growth rate: revenue +21.65%; net profit +108.44%.
At the same date the balance sheet shows total assets of Rs 6,538 Cr, shareholders' equity of Rs 4,194 Cr, total debt of Rs 0 Cr, cash of Rs 830 Cr, a debt-to-equity ratio of 0.00 and operating cash flow of Rs 1,297 Cr.
On a trailing-twelve-month basis the filings add up to revenue of Rs 10,043 Cr, net income of Rs 1,195 Cr and a net margin of 11.90%.
Figures are raw disclosures from official NSE/BSE and SEBI filings plus mechanically computed ratios, restated in words. This is research data, not investment advice, a rating or a recommendation; DalalOS is not a SEBI-registered investment advisor.
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Peer comparison
Official BSE basic industry: Passenger Cars & Utility Vehicles. Limited to companies within a 0.1x–10x market-cap band.
Edit columns
| Hyundai Motor India Limited | Rs 1,922 | Rs 1,56,170 Cr | Rs 74,922 Cr | Rs 4,575 Cr | 34.14x | 18.40% |
| Tata Motors Passenger Vehicles Limited | Rs 266 | Rs 98,021 Cr | Rs 3,49,393 Cr | Rs 79,502 Cr | — | 69.45% |
| FORCE MOTORS LTDThis company | Rs 16,856 | Rs 22,216 Cr | Rs 10,185 Cr | Rs 1,195 Cr | 18.58x | 33.07% |
| Olectra Greentech Limited | Rs 976.5 | Rs 8,016 Cr | Rs 2,552 Cr | Rs 180 Cr | 45.19x | 15.83% |
| Median | Rs 1,922 | Rs 22,216 Cr | Rs 10,185 Cr | Rs 1,195 Cr | 34.14x | 18.40% |
Peers are selected mechanically from the official BSE industry hierarchy and current market-cap band. This is a comparison set, not a ranking or recommendation.
Companies related to FORCE MOTORS
Same official industry (Passenger Cars & Utility Vehicles)
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Companies are grouped mechanically from the exchange classification and listed by market capitalisation. This is a comparison set, not a ranking or recommendation.