FORCEMOTUpdated 4 Sept 2026, 2:14

Force Motors Limited

FORCEMOTUpdated 4 Sept 2026, 2:14

Market Cap

₹23,013Cr.

Current Price

₹17,500

High / Low

₹26,486/14,911

Stock P/E

21.2

ROE25.6%

ROCE35.4%

Book Value₹3,236

Face Value₹10.0

Dividend Yield0.29%

About

Force Motors Ltd was established in 1958, is the flagship company of the Abhay Firodia group. The company is in the business of manufacturing fully vertically integrated small and light CVs, multi-utility vehicles, and agricultural tractors, which it supplies to various countries in the Middle East, Asia, Latin America, and Africa. It was known as Bajaj Tempo till 2005[1]

Quarterly results

Last reported quarters₹ Cr.

Profit & loss

Annual statement₹ Cr.

Shareholding pattern

As of Jun 2026%

Shareholding trend

Ownership over time%

Balance sheet

Assets & liabilities₹ Cr.

Cash flows

Operating, investing & financing₹ Cr.

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	17	18	14	26	17	20	23	21	14	5	8	8
Inventory Days	87	92	73	68	66	91	136	89	77	83	73	72
Days Payable	87	70	80	81	52	95	108	72	69	61	48	59
Cash Conversion Cycle	17	40	6	13	31	15	52	38	22	27	32	20
Working Capital Days	15	22	30	42	43	5	-6	-38	-6	-2	16	39
ROCE %	10%	18%	14%	11%	10%	5%	-5%	-3%	5%	24%	29%	35%

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 4 September 2026 at 2:14

FORCE MOTORS LIMITED (FORCEMOT) financials — quarterly results, P&L, cash flow, balance sheet, shareholding