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Force Motors Ltd share price logo

Force Motors Ltd

(FORCEMOT)

₹6758.32.58%

as on 04:01PM, 19 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹6,660
    ₹7,003.95
  • 52 Week's Low

    52 Week's High

    ₹3,352.35
    ₹10,277.85
1 Month Return-16.17 %
3 Month Return-22.49 %
1 Year Return+ 87.35 %
Previous Close₹6,937.60
Open₹6,951.00
Volume39.68K
Upper Circuit-
Lower Circuit-
Market Cap₹9,143.76Cr

Key Statistics

P/E Ratio21
PEG Ratio0.13
Market Cap₹9,143.76 Cr
P/B Ratio4.1
EPS294.54
Dividend Yield0.28
SectorAutomobile
ROE18.86

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹9,143.76 Cr102.55%0.60₹388 Cr₹6,992 Cr
HOLD₹3,828.26 Cr61.1%0.53₹121 Cr₹968 Cr
NA₹1,098.72 Cr216.27%0.62₹2 Cr₹44 Cr
NA₹1,350.92 Cr124.35%0.73₹13 Cr₹321 Cr
NA₹587.58 Cr61.04%0.78NANA

Company Information

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: ₹6758.30 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹9,143.76Cr as of today
Revenue: ₹1,884.90Cr as on June 2024 (Q2 24)
Net Profit: ₹115.73Cr as on June 2024 (Q2 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 Declares 200% Dividend Amid Strong Returns - 25 Aug, 2024

    Force Motors has declared a 200% dividend, translating to Rs 20 per share, with significant stock performance, gaining 1006% over the last decade and 628% in two years.

  • Force Gurkha Set for Upcoming Launch - 24 Aug, 2024

    The all-new Force Gurkha is preparing for launch in the coming months, featuring revised styling, a revamped interior, and a Mercedes-derived 90hp diesel engine. The expected price range is Rs 10-12 lakh (ex-showroom).

  • Force Motors Declares Rs 20 Dividend Amid Strong Returns - 23 Aug, 2024

    Force Motors has announced a Rs 20 dividend per share for FY 2023-24, with the record date set for August 28, 2024. The stock has shown impressive returns, surging 628.05% over two years.

  • Force Motors Records 3% Decline in July Sales - 05 Aug, 2024

    Force Motors reported a decline of 3.36% in total sales for July 2024, with domestic sales up by 4.72% YoY and exports down by 86.34% YoY. Tractor sales were nil as the company has discontinued its tractor business.

  • Force Motors Reports Strong Quarterly Results, Shares Drop - 30 Jul, 2024

    Indian automaker Force Motors reported a consolidated net profit of Rs 116 crore for Q1FY25, up 71% YoY, and a 27% increase in revenue from operations. Despite the strong financial performance, shares up by 8.21% on the BSE.

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

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 6.34% to 7.78% in Jun 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

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Bajaj Auto Ltd has given 127.0% return, outperforming this stock by 39.6%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 2.02K Cr → 1.89K Cr (in ₹), with an average decrease of 6.4% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, FORCEMOT stock has moved down by -16.2%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 31.16% to 29.57% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 140.26 Cr → 115.73 Cr (in ₹), with an average decrease of 17.5% per quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 0.51% to 0.39% in Jun 2024 quarter

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹1,487.55Cr (-)₹1,801.68Cr (↑21.12%)₹1,691.69Cr (↓6.10%)₹2,011.21Cr (↑18.89%)₹1,884.90Cr (↓6.28%)
Net Income₹68.59Cr (-)₹93.89Cr (↑36.89%)₹85.44Cr (↓9.00%)₹140.29Cr (↑64.20%)₹115.73Cr (↓17.51%)
Net Profit Margin4.61% (-)5.21% (↑13.02%)5.05% (↓3.07%)6.98% (↑38.22%)6.14% (↓12.03%)
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

₹56,312.66

-1.06 (-603.27%)

S&P BSE AllCap

₹11,001.59

-0.22 (-24.68%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
61.63%
0.00
Foreign Institutions
7.78%
22.64
Mutual Funds
0.39%
-23.13
Retail Investors
29.57%
-5.13
Others
0.64%
78.00

Key Indicators

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
Details20202021202220232024
Earning Per Share (₹)38.14-93.73-69.04101.47294.54

Force Motors Ltd Valuation

Force Motors Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-63.96x)

December 7, 2020

Today (21.00x)

September 18, 2024

Industry (42.11x)

September 18, 2024

Highest (33.78x)

April 24, 2024

LowHigh

Earnings and Dividends

  • Force Motors Ltd Earnings Results

    Force Motors Ltd’s net profit jumped 68.73% since last year same period to ₹115.73Cr in the Q1 2024-2025. On a quarterly growth basis, Force Motors Ltd has generated -17.49% fall 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 0.43%.

    Read More about Dividends

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 ₹6758.3

Force Motors Ltd is listed on NSE

Force Motors Ltd is listed on BSE

  • Today’s highest price of Force Motors Ltd is ₹7003.95.
  • Today’s lowest price of Force Motors Ltd is ₹6660.

PE Ratio of Force Motors Ltd is 21

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 39.68K.

Today’s market capitalisation of Force Motors Ltd(FORCEMOT) is ₹9143.76Cr.

Force Motors Ltd(FORCEMOTPrice
52 Week High
₹10277.85
52 Week Low
₹3352.35

Force Motors Ltd(FORCEMOT) share price is ₹6758.3. It is down -34.24% from its 52 Week High price of ₹10277.85

Force Motors Ltd(FORCEMOT) share price is ₹6758.3. It is up 101.60% from its 52 Week Low price of ₹3352.35

Force Motors Ltd(FORCEMOTReturns
1 Day Returns
-179.3%
1 Month Returns
-16.17%
3 Month Returns
-22.49%
1 Year Returns
87.35%