Force Motors balance sheet

As of Sep 2026

Total assets: ₹7,286cr+36.4% on Sep 2025
Shareholders' equity: ₹4,640cr+32.3% on Sep 2025
Total debt: ₹0.0crNo figure a year before
Cash and investments: ₹734cr+81.9% on Sep 2025

₹ crore except per share

Tap a line for its trend	H1 FY27Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024

Non-current assets
	1,795	1,473	1,524	1,571
	176	236	92.5	25.8
	13.0	13.2	6.5	6.9
	0.0	0.0	0.0	0.0
	460	435	439	453
	316	301	195	145
	110	98.3	103	91.0
	0.0	0.0	115	13.9
	14.5	13.7	0.0	0.0
	125	112	218	105
	5.2	—	0.0	0.0
	148	136	79.8	61.5
	3,038	2,706	2,554	2,369
Current assets
	1,419	1,258	1,184	1,163
	196	191	174	104
	734	830	507	448
	252	1.2	0.9	0.6
	1.8	0.5	0.2	0.0
	1,412	1,412	582	203
	2,595	2,436	1,264	755
	223	104	123	122
	4,248	3,832	2,580	2,046
	7,286	6,538	5,134	4,415
Equity
	13.2	13.2	13.2	13.2
	4,625	4,181	3,020	2,242
	4,638	4,194	3,033	2,255
	2.5	2.5	2.3	2.2
	4,640	4,197	3,036	2,257
Liabilities
	0.0	0.0	1.3	382
	1.7	1.7	1.7	1.7
	1.7	1.7	3.0	383
	53.2	61.8	40.9	32.6
	235	228	325	103
	7.7	5.4	4.2	2.2
	297	297	373	521
	0.0	0.0	16.1	143
	1,198	1,040	784	854
	68.6	37.7	25.5	34.7
	1,267	1,078	825	1,032
	464	312	231	192
	617	654	669	413
	2,348	2,044	1,725	1,636
	2,646	2,341	2,098	2,157
	7,286	6,538	5,134	4,415
Assets — additional as-filed lines
	11.1	34.4	9.5	5.7
Trade payables — MSME split
	44.0	47.8	32.1	—
	1,154	993	752	—

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

FORCEMOT₹16,856.00

Force Motors Ltd.

· Auto & Mobility

₹ CrorePeersEICHERMOT ATHERENERG JBMA OLAELEC TENNIND ARE&M ASAHIINDIA SONACOMSMcap ₹22,216 Cr

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In ₹ Crore except Per Share As of	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Non-current Assets
+ Property, Plant & Equipment	1,571.1	1,523.7	1,473.5	1,795.4
+ Capital Work-in-Progress	25.8	92.5	235.7	176.0
+ Investment Property	6.9	6.5	13.2	13.0
+ Goodwill	0.0	0.0	0.0	0.0
+ Other Intangibles	453.5	438.8	434.7	459.9
+ Intangibles under Development	145.1	194.7	300.7	315.6
+ Non-current Investments	91.0	103.1	98.3	110.2
+ Long-term Loans	13.9	114.5	0.0	0.0
+ Other Non-current Financial Assets	0.0	0.0	13.7	14.5
Non-current Financial Assets	104.9	217.7	112.1	124.6
+ Deferred Tax Assets	0.0	0.0	—	5.2
+ Other Non-current Assets	61.5	79.8	136.1	148.0
Total Non-current Assets	2,368.7	2,553.6	2,705.9	3,037.8
Current Assets
+ Inventories	1,163.2	1,183.8	1,258.0	1,419.0
+ Trade Receivables	104.1	174.3	191.2	196.2
+ Cash & Cash Equivalents	448.2	506.6	830.4	733.7
+ Other Bank Balances	0.6	0.9	1.2	251.5
+ Short-term Loans	0.0	0.2	0.5	1.8
+ Other Current Financial Assets	202.6	582.4	1,412.5	1,411.7
Current Financial Assets	755.4	1,264.4	2,435.7	2,594.9
+ Other Current Assets	121.7	122.7	103.5	223.3
Total Current Assets	2,046.0	2,580.4	3,831.6	4,248.3
Total Assets	4,414.7	5,134.0	6,537.6	7,286.0
Equity
+ Equity Share Capital	13.2	13.2	13.2	13.2
+ Other Equity / Reserves	2,242.0	3,020.3	4,181.2	4,624.7
Equity — Owners of Parent	2,255.1	3,033.4	4,194.4	4,637.8
+ Minority Interest	2.2	2.3	2.5	2.5
Total Equity	2,257.4	3,035.8	4,196.8	4,640.3
Liabilities
+ Borrowings — Non-current	381.8	1.3	0.0	0.0
+ Other Non-current Financial Liab	1.7	1.7	1.7	1.7
Non-current Financial Liabilities	383.5	3.0	1.7	1.7
+ Provisions — Non-current	32.6	40.9	61.8	53.2
+ Deferred Tax Liabilities	103.2	324.9	227.6	234.7
+ Other Non-current Liabilities	2.2	4.2	5.4	7.7
Non-current Liabilities	521.4	373.0	296.5	297.3
+ Borrowings — Current	142.7	16.1	0.0	0.0
+ Trade Payables	854.3	783.6	1,040.3	1,198.1
+ Other Current Financial Liab	34.7	25.5	37.7	68.6
Current Financial Liabilities	1,031.7	825.2	1,078.0	1,266.7
+ Provisions — Current	191.7	231.5	312.1	464.2
+ Other Current Liabilities	412.5	668.6	654.2	617.5
Current Liabilities	1,636.0	1,725.2	2,044.2	2,348.4
Total Liabilities	2,157.3	2,098.2	2,340.7	2,645.7
Total Equity & Liabilities	4,414.7	5,134.0	6,537.6	7,286.0
Assets — additional as-filed lines
+ Current Tax Assets	5.7	9.5	34.4	11.1
Trade Payables — MSME split
+ Dues to Micro & Small — Current	—	32.1	47.8	44.0
+ Dues to Other Creditors — Current	—	751.5	992.5	1,154.0

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.