Force Motors Share Price
Force Motors Share Price Today
As of 3 Sep 2026, Force Motors share price is ā¹17,650.00. The stock opened at ā¹17,650.00, compared to its previous close of ā¹17,600.00. During today's trading session, Force Motors share price moved in the range of ā¹17,521.00 to ā¹17,932.00, with an average price of ā¹17,726.50 for the day. Looking at its last 52-week, the stock has touched a low of ā¹14,911.00 and a high of ā¹26,450.00. On the performance front, Force Motors share price has declined by 24.72% over the last six months and is down 9.73% on a year-on-year basis.
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About Force Motors
Established in: 1958
Managing Director: Prasan A. Firodia
Force Motors Limited is a multinational automotive manufacturing company, headquartered in Pune. Until 2005, it was known as Bajaj Tempo Motors, as it was initially established as a joint venture between Bajaj Auto and Tempo, a German automobile company, to manufacture auto components.
Force Motors Limited is Indiaās largest van manufacturer. The company manufactures engines, axles, die-cast aluminium parts, and light transport vehicles. The company has entered into strategic partnerships and joint ventures with global giants such as Mercedes, BMW, Rolls-Royce Power Systems, Daimler, ZF, Bosch, Traton and Volkswagen AG to manufacture auto components.
Force Motors Limited is listed on both BSE and NSE under the ticker symbols 500033 and FORCEMOT, respectively.
History of Force Motors Limited
Force Motors Limited was founded by Shri N.K. Firodia in 1958 and is a flagship company of the Dr Abhay Firodia Group. Initially, the company was engaged in manufacturing three-wheeler tempos at Goregaon, Mumbai. In 1964, the company started manufacturing four-wheel commercial vehicles and in 1969, started the production of Matador Diesel light commercial vehicles.
In 1982, Force Motors Limited collaborated with Daimler-Benz and manufactured the Mercedes-Benz OM 616 engine. In the following years, the company launched a variety of vehicles and entered into a strategic partnership with automotive industry giants such as Rolls-Royce Power Systems AG, which significantly expanded its operations and reach.
Business Segments of Force Motors Limited
The following are the business segments of Force Motors Limited.
- Manufacturing Vehicles
This business segment is involved in manufacturing passenger vehicles such as vans, MUVs and SUVs. It also manufactures different types of tractors used for farming purposes.
- Engines and Contract Manufacturing
This business segment is involved in manufacturing and supplying auto components such as engines, axles, and gearboxes to leading automotive companies. It also designs and manufactures specialised ambulances, transport vehicles and customises military vehicles for government agencies and defence.
Future Plans of Force Motors Limited
The following are the future plans of Force Motors Limited.
- Global Market Expansion
The company is aiming to increase exports, making them around 2030% of their total volumes. It is entering the Latin American and African markets to build its existing export base.
- Electric Vehicle
Force Motors Limited has approved the Traveller EV and electric ambulance models and is currently developing a zero-emission Urbania EV variant. The company is optimistic about the future of EVs and is prepared with market-ready products.
- Digitalisation
The company is investing significantly in digital transformation, aiming to upgrade its manufacturing execution systems (MES) and product lifecycle management (PLM) systems
- Defense Vehicles
The company is expanding its defence portfolio by redesigning its rugged, off-road civilian Gurkha vehicle into a tough, transport and combat vehicle for the Indian armed forces. The company is upgrading its Traveller N and Urbania and developing new variants customised for fleet and government entities.
- Sustabiability
The company is aiming for 50% reduction in greenhouse gas emissions by 2030 and is committing to net-zero emissions operations by 2050. It plans to transition 50% of its manufacturing and operational energy from renewable energy sources.
Force Motors Financial Highlights
- Revenue: Force Motors reported revenue of ā¹9,167.51 crore in FY26 vs ā¹8,128.29 crore in FY25. It showed an increase of 12.79% on a yearly basis.
- Operating Profit: Force Motors reported an operating profit of ā¹1,515.71 crore in FY26 vs ā¹1,238.26 crore in FY25. It showed an increase of 22.41% on a year-on-year basis.
- Net Profit: Force Motors reported a net profit of ā¹1,211.75 crore in FY26 vs ā¹800.86 crore in FY25. It showed an increase of 51.31% on a yearly basis.
Force Motors Quarterly Result Highlights
- Force Motors reported revenue of ā¹2,478.11 crore in Jun 2026, compared with ā¹2,583.69 crore in Mar 2026, representing a decrease of 4.09% on a quarter-on-quarter (QoQ) basis.
- Force Motors reported an operating profit of ā¹293.29 crore in Jun 2026, compared with ā¹378.20 crore in Mar 2026, representing a decrease of 22.45% on a quarter-on-quarter (QoQ) basis.
- Force Motors reported a profit of ā¹216.59 crore in Jun 2026, compared with ā¹278.54 crore in Mar 2026, reflecting a decrease of 22.24% on a QoQ basis.
- The earnings per share (EPS) of Force Motors stood at ā¹919.56 during Jun 2026.
| Sep 2025 | 10.27% |
|---|---|
| Dec 2025 | 10.46% |
| Mar 2026 | 10.93% |
| Jun 2026 | 9.52% |
Force Motors Shareholder Returns
Force Motors Share Price History
| Name | Mkt Cap Cr | P/E | P/B | ROE | D/E | ROCE | Book Value | Div. Yield | Turnover | EPS(TTM) |
|---|---|---|---|---|---|---|---|---|---|---|
| Maruti Suzuki | 4,03,756.00 | 28.17 | 3.77 | 13.70% | 0.00 | 17.51% | 3,343.16 | 1.09% | 1.31 | 459.46 |
| Mahindra & Mahindra | 4,03,214.00 | 19.61 | 4.26 | 18.37% | 0.02 | 14.63% | 597.86 | 1.00% | 1.27 | 130.18 |
| Bajaj Auto | 3,33,931.00 | 28.90 | 8.60 | 27.67% | 0.00 | 24.52% | 1,272.54 | 1.26% | 1.32 | 352.00 |
| Eicher Motors | 2,11,382.00 | 36.62 | 8.42 | 21.97% | 0.01 | 27.17% | 794.40 | 1.06% | 0.82 | 183.79 |
| TVS Motor Company | 1,99,537.00 | 55.41 | 20.80 | 31.56% | 0.33 | 16.64% | 237.06 | 0.29% | 1.97 | 76.09 |
| HYUNDAI MOTOR INDIA LTD | 1,74,696.00 | 35.29 | 8.73 | 27.14% | 0.06 | 33.27% | 238.39 | 0.98% | 2.01 | 65.50 |
| TATA MOTORS LIMITED | 1,71,025.00 | 39.34 | 12.93 | 43.42% | 0.25 | 45.82% | 36.39 | 0.89% | 1.85 | 9.13 |
| Tata Motors | 1,15,238.00 | 1.45 | 1.03 | 5.47% | 0.12 | 2.52% | 67.77 | 0.96% | 1.47 | 14.26 |
| Hero MotoCorp | 1,06,255.00 | 19.36 | 4.92 | 26.57% | 0.01 | 33.40% | 1,078.14 | 3.48% | 1.56 | 263.34 |
| Ashok Leyland | 98,563.30 | 26.43 | 6.92 | 24.37% | 0.09 | 12.51% | 22.33 | 2.09% | 1.56 | 6.07 |
Force Motors Financials
Income Statement Ā· Consolidated
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Revenue | ā¹9,057.05 | ā¹8,071.73 | ā¹6,992.13 | ā¹5,028.98 |
| Other Income | ā¹110.46 | ā¹56.56 | ā¹39.10 | ā¹62.03 |
| Total Revenue | ā¹9,167.51 | ā¹8,128.29 | ā¹7,031.23 | ā¹5,091.01 |
| Total Expenses | ā¹7,863.15 | ā¹7,285.12 | ā¹6,412.33 | ā¹5,008.31 |
| Profit Before Tax | ā¹1,515.71 | ā¹1,238.26 | ā¹605.07 | ā¹272.42 |
| Tax | ā¹303.96 | ā¹437.40 | ā¹216.86 | ā¹138.68 |
| Profit After Tax | ā¹1,211.75 | ā¹800.86 | ā¹388.21 | ā¹133.74 |
| EPS - Basic | ā¹919.56 | ā¹607.71 | ā¹294.54 | ā¹101.43 |
| EPS - Diluted | ā¹919.56 | ā¹607.71 | ā¹294.54 | ā¹101.43 |
Cash Flow Ā· Consolidated
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Profit before tax | ā¹1,515.71 | ā¹1,238.26 | ā¹605.07 | ā¹272.42 |
| Income before WC changes | ā¹1,726.64 | ā¹1,539.56 | ā¹942.26 | ā¹726.45 |
| Change in Assets | -ā¹360.04 | -ā¹4.11 | -ā¹162.00 | -ā¹518.04 |
| Change in Liabilities | ā¹357.84 | ā¹231.00 | ā¹386.09 | ā¹326.76 |
| Change in WC | -ā¹2.20 | ā¹226.89 | ā¹224.09 | -ā¹191.28 |
| Cash flow from Operations | ā¹1,297.09 | ā¹1,546.47 | ā¹1,014.45 | ā¹531.74 |
| Cash flow from Investing | -ā¹899.84 | -ā¹926.23 | -ā¹197.50 | -ā¹256.47 |
| Cash flow from Financing | -ā¹73.40 | -ā¹561.84 | -ā¹509.19 | -ā¹206.85 |
| Total Cash Flow | ā¹323.85 | ā¹58.40 | ā¹307.76 | ā¹68.42 |
| Cash (Start of the year) | ā¹506.55 | ā¹448.15 | ā¹140.39 | ā¹71.97 |
| Cash (End of the year) | ā¹830.40 | ā¹506.55 | ā¹448.15 | ā¹140.39 |
Balance Sheet Ā· Consolidated
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Non-Current Assets | ā¹2,705.93 | ā¹2,553.62 | ā¹2,368.72 | ā¹2,448.23 |
| Current Assets | ā¹3,831.62 | ā¹2,580.36 | ā¹2,045.97 | ā¹1,565.17 |
| Total Assets | ā¹6,537.55 | ā¹5,133.98 | ā¹4,414.69 | ā¹4,013.40 |
| Current Liabilities | ā¹2,044.22 | ā¹1,725.24 | ā¹1,635.95 | ā¹1,509.40 |
| Net Current Asset | ā¹1,787.40 | ā¹855.12 | ā¹410.02 | ā¹55.77 |
| Non-Current Liabilities | ā¹296.52 | ā¹372.98 | ā¹521.39 | ā¹626.88 |
| Equity Capital | ā¹4,196.81 | ā¹3,035.76 | ā¹2,257.35 | ā¹1,877.12 |
| Total Equity & Liabilities | ā¹6,537.55 | ā¹5,133.98 | ā¹4,414.69 | ā¹4,013.40 |
Income Statement Ā· Standalone
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Revenue | ā¹9,056.54 | ā¹8,071.23 | ā¹6,991.65 | ā¹5,028.59 |
| Other Income | ā¹110.46 | ā¹56.56 | ā¹39.10 | ā¹62.03 |
| Total Revenue | ā¹9,167.00 | ā¹8,127.79 | ā¹7,030.75 | ā¹5,090.62 |
| Total Expenses | ā¹7,863.15 | ā¹7,285.12 | ā¹6,412.32 | ā¹5,008.31 |
| Profit Before Tax | ā¹1,515.09 | ā¹1,237.24 | ā¹618.43 | ā¹290.63 |
| Tax | ā¹303.83 | ā¹437.27 | ā¹216.74 | ā¹138.58 |
| Profit After Tax | ā¹1,211.26 | ā¹799.97 | ā¹401.69 | ā¹152.05 |
| EPS - Basic | ā¹919.28 | ā¹607.13 | ā¹304.86 | ā¹115.40 |
| EPS - Diluted | ā¹919.28 | ā¹607.13 | ā¹304.86 | ā¹115.40 |
Cash Flow Ā· Standalone
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Profit before tax | ā¹1,515.09 | ā¹1,237.24 | ā¹618.43 | ā¹290.63 |
| Income before WC changes | ā¹1,726.13 | ā¹1,539.06 | ā¹941.79 | ā¹726.06 |
| Change in Assets | -ā¹360.05 | -ā¹4.10 | -ā¹164.91 | -ā¹518.04 |
| Change in Liabilities | ā¹357.84 | ā¹231.00 | ā¹386.10 | ā¹326.76 |
| Change in WC | -ā¹2.21 | ā¹226.90 | ā¹221.19 | -ā¹191.28 |
| Cash flow from Operations | ā¹1,296.70 | ā¹1,546.12 | ā¹1,011.19 | ā¹531.46 |
| Cash flow from Investing | -ā¹899.84 | -ā¹926.23 | -ā¹197.50 | -ā¹256.47 |
| Cash flow from Financing | -ā¹73.40 | -ā¹561.84 | -ā¹509.19 | -ā¹206.85 |
| Total Cash Flow | ā¹323.46 | ā¹58.05 | ā¹304.50 | ā¹68.14 |
| Cash (Start of the year) | ā¹499.80 | ā¹441.75 | ā¹137.25 | ā¹69.11 |
| Cash (End of the year) | ā¹823.26 | ā¹499.80 | ā¹441.75 | ā¹137.25 |
Balance Sheet Ā· Standalone
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| Non-Current Assets | ā¹2,780.58 | ā¹2,628.42 | ā¹2,444.07 | ā¹2,509.78 |
| Current Assets | ā¹3,824.29 | ā¹2,573.42 | ā¹2,039.39 | ā¹1,558.94 |
| Total Assets | ā¹6,604.87 | ā¹5,201.84 | ā¹4,483.46 | ā¹4,068.72 |
| Current Liabilities | ā¹2,044.22 | ā¹1,725.24 | ā¹1,635.94 | ā¹1,509.39 |
| Net Current Asset | ā¹1,780.07 | ā¹848.18 | ā¹403.45 | ā¹49.55 |
| Non-Current Liabilities | ā¹296.52 | ā¹372.98 | ā¹521.39 | ā¹626.88 |
| Equity Capital | ā¹4,264.13 | ā¹3,103.62 | ā¹2,326.13 | ā¹1,932.45 |
| Total Equity & Liabilities | ā¹6,604.87 | ā¹5,201.84 | ā¹4,483.46 | ā¹4,068.72 |
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Force Motors Share Price FAQs
What is Force Motors share price today?
Force Motors share price is ā¹17,650.00 as on 03 Sep, 2026, 13:41 IST.
How has the Force Motors share price performed in the past?
In the last 1 year, Force Motors delivered a return of -9.73%. The Force Motors share price hit a high of ā¹26,450.00 and low of ā¹14,911.00.
How much is the Mutual Fund shareholding in Force Motors shares?
The Mutual Fund Shareholding in Force Motors was 0.79% at the end of Jun 2026.
What is the the 52-week high and low of Force Motors shares ?
The 52-week high and low of Force Motors share is ā¹26,450.00 and ā¹14,911.00 as of 03 Sep, 2026.
What is the market cap of Force Motors?
The market capitalisation of Force Motors is ā¹23,236.30 Crores as on 03 Sep, 2026.
What are the stock symbols of Force Motors?
The stock symbol of Force Motors is FORCEMOT on the NSE, 500033 on the BSE, and the ISIN is INE451A01017.
What was yesterday's closing price of Force Motors shares ?
Force Motors shares closed yesterday at ā¹17,600.00 on NSE & ā¹17,635.00 on BSE
How to buy Force Motors shares?
To buy Force Motors shares, open a demat account with Upstox and complete the KYC process. Once your account is set up, search for the stock and place your order.
Can I buy Force Motors shares on Holidays?
No, shares of Force Motors or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Force Motors shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.
What is the PE and PB ratio of Force Motors?
The PE and PB ratio of Force Motors is 18.56 and 5.54 respectively, as on 03 Sep, 2026, 13:41 IST.



