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Force Motors Ltd

(FORCEMOT)

₹6866.852.43%

as on 09:15AM, 14 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Force Motors Ltd Performance

  • Day's Low

    Day's High

    ₹6,766
    ₹6,881.25
  • 52 Week's Low

    52 Week's High

    ₹4,250.1
    ₹10,277.85
1 Month Return-3.4 %
3 Month Return-17.63 %
1 Year Return+ 56.53 %
Previous Close₹6,704.05
Open₹6,784.85
Volume23.73K
Upper Circuit-
Lower Circuit-
Market Cap₹8,835.94Cr

Force Motors Ltd Key Statistics

P/E Ratio18.54
PEG Ratio0.13
Market Cap₹8,835.94 Cr
P/B Ratio4.1
EPS294.54
Dividend Yield0.28
SectorAutomobile
ROE18.86

Force Motors Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹8,835.94 Cr107.58%0.60₹388 Cr₹6,992 Cr
NA₹923.75 Cr202.53%0.62₹2 Cr₹44 Cr
NA₹39.00 Cr-7.34%0.65NANA
NA₹254.38 Cr-4.87%0.78NANA
BUY₹11,706.77 Cr136.77%0.55₹78 Cr₹1,154 Cr

About Force Motors Ltd

Force Motors Ltd is an Indian automotive manufacturer incorporated in 1958. It is headquartered in Pune, Maharashtra and is led by Chairman Abhay Firodia and Managing Director Prasan Firodia. Force Motors Ltd is engaged in the production of commercial vehicles, agricultural tractors, light commercial vehicles and auto components.

The company's top products include the Traveller, Trax Cruiser and Trax Toofan. These vehicles are popularly used as passenger vehicles, cargo carriers and ambulances. Force Motors' popular brands include the Trax, Gama, Shakti and Gurkha. The company also manufactures engines, axles, gearboxes, turbochargers and other components for the automotive industry.

Share Price: ₹6866.85 per share as on 14 Nov, 2024 09:15 AM
Market Capitalisation: ₹8,835.94Cr as of today
Revenue: ₹1,941.33Cr as on September 2024 (Q3 24)
Net Profit: ₹135.05Cr as on September 2024 (Q3 24)
Listing date: 12 Jan, 1995
Chairperson Name: Abhay Firodia
OrganisationForce Motors Ltd
Headquarters
IndustryAutomobile
E-voting on sharesClick here to vote

Key events for Force Motors Ltd

  • Force Motors Shares Surge After Strong Q2 Earnings - 30 Oct, 2024

    Force Motors reported a significant increase in Q2 earnings, with PAT rising 43.83% and revenue up 7.75%. This led to a 20% surge in share price, reflecting strong market confidence.

  • Force Motors Sees Profit Surge Amid Luxury Demand - 29 Oct, 2024

    Force Motors reported a 44% increase in quarterly profit, driven by engine sales to BMW and Mercedes, despite a 19% drop in its own vehicle sales.

  • Force Motors Ready to Manufacture E-Ambulances - 27 Oct, 2024

    Force Motors has expressed readiness to manufacture e-ambulances and is exploring the market demand for this emerging segment, indicating potential growth opportunities.

  • Force Motors Expands Stake in TP Surya - 07 Oct, 2024

    Force Motors has acquired an additional 26,81,315 equity shares in TP Surya, completing a total acquisition of 12.21% stake, valued at Rs. 2.68 crore.

Insights on Force Motors Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.39% to 0.47% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, FORCEMOT has outperformed top 5 stocks with highest market-cap in Auto & Truck Manufacturers

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 1.89K Cr → 1.94K Cr (in ₹), with an average increase of 2.6% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 7.78% to 7.89% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 115.7 Cr → 135.02 Cr (in ₹), with an average increase of 14.3% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 61.63% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Mahindra & Mahindra Ltd has given 88.2% return, outperforming this stock by 20.2%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, FORCEMOT stock has moved down by -21.0%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 29.57% to 29.56% in Sep 2024 quarter

Force Motors Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹1,801.68Cr (-)₹1,691.69Cr (↓6.10%)₹2,011.21Cr (↑18.89%)₹1,884.90Cr (↓6.28%)₹1,941.33Cr (↑2.99%)
Net Income₹93.89Cr (-)₹85.44Cr (↓9.00%)₹140.29Cr (↑64.20%)₹115.73Cr (↓17.51%)₹135.05Cr (↑16.69%)
Net Profit Margin5.21% (-)5.05% (↓3.07%)6.98% (↑38.22%)6.14% (↓12.03%)6.96% (↑13.36%)
Value in ₹ crore
Details2021202220232024
Total Assets₹3,514.44Cr (-)₹4,030.82Cr (↑14.69%)₹4,419.96Cr (↑9.65%)₹4,734.16Cr (↑7.11%)
Total Liabilities₹1,653.96Cr (-)₹2,243.88Cr (↑35.67%)₹2,487.51Cr (↑10.86%)₹2,408.03Cr (↓3.20%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹408.87Cr (-)₹7.07Cr (↓98.27%)₹18.16Cr (↑156.86%)₹531.46Cr (↑2,826.54%)₹1,011.19Cr (↑90.27%)

Index Inclusions

BSE Small-Cap

₹52,432.17

0.92 (479.38%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Force Motors Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
61.63%
0.00
Foreign Institutions
7.89%
1.43
Mutual Funds
0.47%
20.06
Retail Investors
29.56%
-0.01
Others
0.45%
-29.20

Force Motors Ltd Key Indicators

Details20202021202220232024
Earning Per Share (₹)38.14-93.73-69.04101.47294.54
Details20202021202220232024
Return On Equity %4.61-4.67-4.092.3418.86
Details20202021202220232024
Return On Assets %1.49-3.52-2.263.028.2
Details20202021202220232024
Book Value Per Share (₹)1491.151394.411326.151422.631711.03

Force Motors Ltd Valuation

Force Motors Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-63.96x)

December 7, 2020

Today (18.54x)

November 13, 2024

Industry (35.88x)

November 13, 2024

Highest (33.78x)

April 24, 2024

LowHigh

Force Motors Ltd Earnings and Dividends

  • Force Motors Ltd Earnings Results

    Force Motors Ltd’s net profit jumped 43.84% since last year same period to ₹135.02Cr in the Q2 2024-2025. On a quarterly growth basis, Force Motors Ltd has generated 16.7% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Force Motors Ltd Dividends April,2024

    In the quarter ending March 2024, Force Motors Ltd has declared dividend of ₹20 - translating a dividend yield of 0.45%.

    Read More about Dividends

Force Motors Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Force Motors Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Force Motors Ltd (FORCEMOT) share price today is ₹6866.85

Force Motors Ltd is listed on NSE

Force Motors Ltd is listed on BSE

  • Today’s highest price of Force Motors Ltd is ₹6881.25.
  • Today’s lowest price of Force Motors Ltd is ₹6766.

PE Ratio of Force Motors Ltd is 18.54

PE ratio = Force Motors Ltd Market price per share / Force Motors Ltd Earnings per share

Today’s traded volume of Force Motors Ltd(FORCEMOT) is 23.73K.

Today’s market capitalisation of Force Motors Ltd(FORCEMOT) is ₹8835.94Cr.

Force Motors Ltd(FORCEMOTPrice
52 Week High
₹10277.85
52 Week Low
₹4250.1

Force Motors Ltd(FORCEMOT) share price is ₹6866.85. It is down -33.19% from its 52 Week High price of ₹10277.85

Force Motors Ltd(FORCEMOT) share price is ₹6866.85. It is up 61.57% from its 52 Week Low price of ₹4250.1

Force Motors Ltd(FORCEMOTReturns
1 Day Returns
162.8%
1 Month Returns
-3.4%
3 Month Returns
-17.63%
1 Year Returns
56.53%