Force Motors Ltd
FORCEMOTForce Motors Ltd
FORCEMOT
Price Chart
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 21.30 | 4.11 | 0.28% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 43.18 | 7.26 | 0.46% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Force Motors is a holding company engaged in manufacturing light commercial vehicles and utility vehicles, and engines
Peers
Compare with peersMaruti Suzuki India Ltd
Mahindra and Mahindra Ltd
Tata Motors Ltd
Popular Vehicles and Services Ltd
Hindustan Motors Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 3,096.44 | 3,155.26 | 3,491.67 | 3,734.07 | 3,123.29 | 2,013.08 | 3,292.30 | 5,399.32 | 7,031.23 | 7,435.56 | ||||||||||
Raw Materials | 2,237.64 | 2,130.56 | 2,609.24 | 2,814.71 | 2,140.14 | 1,520.36 | 2,581.43 | 3,928.05 | 5,231.50 | 6,430.04 | ||||||||||
| Power & Fuel Cost | 45.71 | 44.55 | 48.23 | 48.86 | 47.25 | 35.22 | 42.50 | 53.69 | 57.31 | |||||||||||
| Employee Cost | 304.31 | 350.08 | 386.55 | 405.36 | 406.58 | 351.15 | 368.08 | 422.44 | 533.34 | |||||||||||
| Selling & Administrative Expenses | 82.56 | 79.27 | 61.47 | 60.54 | 60.63 | 39.17 | 51.79 | 77.14 | 108.75 | |||||||||||
| Operating & Other expenses | 80.45 | 196.81 | 49.67 | 48.21 | 204.31 | 41.14 | 146.16 | 336.44 | 166.37 | |||||||||||
EBITDA | 345.77 | 353.99 | 336.51 | 356.39 | 264.38 | 26.04 | 102.34 | 581.56 | 933.96 | 1,005.52 | ||||||||||
| Depreciation/Amortization | 91.89 | 113.08 | 129.26 | 150.92 | 194.52 | 173.67 | 190.94 | 240.74 | 266.75 | 272.58 | ||||||||||
| PBIT | 253.88 | 240.91 | 207.25 | 205.47 | 69.86 | -147.63 | -88.60 | 340.82 | 667.21 | 732.94 | ||||||||||
| Interest & Other Items | 5.30 | 5.54 | 6.67 | 15.33 | 27.85 | 28.22 | 41.04 | 68.40 | 62.14 | 53.30 | ||||||||||
| PBT | 248.58 | 235.37 | 200.58 | 190.14 | 42.01 | -175.85 | -129.64 | 272.42 | 605.07 | 679.64 | ||||||||||
| Taxes & Other Items | 69.69 | 55.28 | 53.46 | 46.81 | -8.16 | -52.22 | -38.56 | 138.78 | 216.98 | 244.38 | ||||||||||
| Net Income | 178.89 | 180.09 | 147.12 | 143.33 | 50.17 | -123.63 | -91.08 | 133.64 | 388.09 | 435.26 | ||||||||||
| EPS | 135.74 | 136.68 | 111.66 | 108.78 | 38.08 | -93.83 | -69.12 | 101.42 | 294.54 | 330.34 | ||||||||||
| DPS | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 5.00 | 10.00 | 10.00 | 20.00 | 10.00 | ||||||||||
| Payout ratio | 0.07 | 0.07 | 0.09 | 0.09 | 0.26 | — | — | 0.10 | 0.07 | 0.03 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
Consumer DiscretionaryFour Wheelers
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Force Motors Ltd | 23.89 | 4.11 | 0.28% |
| Maruti Suzuki India Ltd | 29.01 | 4.57 | 1.00% |
| Mahindra and Mahindra Ltd | 33.56 | 4.75 | 0.62% |
| Tata Motors Ltd | 10.75 | 3.63 | 0.60% |
Price Comparison
Compare FORCEMOT with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Decreased Total Retail Holding
In last 3 months, retail holding in the company has decreased by 1.08%
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 1.44%
Shareholding Pattern
Dec 2023
Feb 2024
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Force Motors Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Sundaram ELSS Tax Saver Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3119% | Percentage of the fund’s portfolio invested in the stock 2.04% | Change in the portfolio weight of the stock over the last 3 months -0.54% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 46/84 (-1) |
SUNDARAM EQUITY SAVINGS FUND - DIRECT GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0931% | Percentage of the fund’s portfolio invested in the stock 0.94% | Change in the portfolio weight of the stock over the last 3 months -0.39% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 61/89 (-9) |
Motilal Oswal Nifty Microcap 250 Index Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0754% | Percentage of the fund’s portfolio invested in the stock 0.47% | Change in the portfolio weight of the stock over the last 3 months 0.47% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 84/309 (+32) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Dividend Yield
Current dividend yield is 0.28%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.82 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 28, 2024
Dividend/Share
₹20.00
Ex DateEx Date
Aug 28, 2024
Cash Dividend
Ex DateEx DateSep 21, 2023
Dividend/Share
₹10.00
Ex DateEx Date
Sep 21, 2023
Cash Dividend
Ex DateEx DateSep 20, 2022
Dividend/Share
₹10.00
Ex DateEx Date
Sep 20, 2022
Cash Dividend
Ex DateEx DateSep 20, 2021
Dividend/Share
₹5.00
Ex DateEx Date
Sep 20, 2021
Cash Dividend
Ex DateEx DateSep 21, 2020
Dividend/Share
₹10.00
Ex DateEx Date
Sep 21, 2020
Force Motors has acquired further 26,81,315 equity shares of Rs. 10/- each aggregating to Rs. 2.68 crore as part of the power delivery agreement with TP Surya, a wholly owned subsidiary of Tata Power Renewable Energy (a SPV set up for setting up ground mounted solar photovoltaic power projects in the state of Maharashtra). Consequent to the above acquisition, the company has completed the acquisition of 12.21% shares constituting 26,87,421 equity shares of Rs 10/- each in TP Surya.Powered by Capital Market - Live
Force Motors July sales volumes decline 3%
Force Motors achieved total sales of 2,472 units in month of July 2024 compared to 2,558 units in July 2023, recording a decline of 3.36%. Tractor sales were nil as the company has discontinued its tractor business effective from 31 March 2024. Total sales include domestic sales of 2,441 units (higher by 4.72% YoY basis) and exports of 31 units (lower by 86.34% YoY basis). Powered by Capital Market - Live
Force Motors Q1 results: Net profit jumps 69% to Rs 116 cr on high demand
Force Motors consolidated net profit rises 68.73% in the June 2024 quarter
Net profit of Force Motors rose 68.73% to Rs 115.73 crore in the quarter ended June 2024 as against Rs 68.59 crore during the previous quarter ended June 2023. Sales rose 26.71% to Rs 1884.90 crore in the quarter ended June 2024 as against Rs 1487.55 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1884.901487.55 27 OPM %13.0111.91 - PBDT251.11170.71 47 PBT181.82107.25 70 NP115.7368.59 69 Powered by Capital Market - Live
Force Motors has approved the appointment of Rohan Sampat (Membership No. A33820) as the Company Secretary and Compliance Officer, to be Designated as (Key Managerial Person 'KMP') of the Company with effect from start of business hours on 31 July 2024. Powered by Capital Market - Live
Force Motors will hold a meeting of the Board of Directors of the Company on 30 July 2024.Powered by Capital Market - Live
Force Motors shares fall over 2% after June auto sales disappoint
Force Motors Shares Hit Record High After Robust March Sales, Production
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 13.49%, vs industry avg of 7.91%
Increasing Market Share
Over the last 5 years, market share increased from 0.73% to 0.94%