Market closed · data as of 27 Aug 2026 · source NSE via Alphave. Open the live chart →
Force Motors manufactures light commercial vehicles — the Traveller and Urbania van platforms dominate shared-mobility, ambulance and staff-transport segments — plus the Gurkha off-road SUV and Trax utility vehicles. A significant second business is precision contract manufacturing of engines and axles for Mercedes-Benz India and BMW India. The Firodia-family-promoted company is based in Pune; van volumes and the German OEM engine business drive revenue.
Market leader in the Indian passenger van/shared-mobility LCV niche.
Force Motors Ltd. is a constituent of NIFTY 500, NIFTY SMALLCAP 100, NIFTY SMALLCAP 250. See where it sits on the market heatmap →
Consolidated annual figures taken from Force Motors Ltd.'s own filed statements — not estimates, and not restated by us. The most recent period shown is FY26 (year ended 31 Mar 2026).
| Metric | FY26 | FY25 | FY24 |
|---|---|---|---|
| EPS (basic, ₹) | 919.56 | 607.71 | 294.54 |
| Book value / share (₹) | 3,184.23 | 2,303.31 | 1,712.71 |
| Return on equity | 28.9% | 26.4% | 17.2% |
| Return on capital employed | 26.6% | 23.8% | 23.1% |
| Operating margin | 13.2% | 10.1% | 9.2% |
| Net margin | 13.4% | 9.9% | 5.5% |
| EBITDA | ₹1,483 Cr | ₹1,093 Cr | ₹909 Cr |
| Free cash flow | ₹757 Cr | ₹605 Cr | ₹806 Cr |
| Total debt | ₹0 Cr | ₹17 Cr | ₹525 Cr |
| Debt to equity | 0.00 | 0.01 | 0.23 |
| Interest coverage | 367.2 | 31.4 | 10.3 |
| Current ratio | 1.87 | 1.50 | 1.25 |
| Shares outstanding | 1,31,80,000 | 1,31,80,000 | 1,31,80,000 |
Open the full income statement, balance sheet and cash flow for FORCEMOT →
As disclosed for the quarter ended 30 Jun 2026.
Institutional ownership changes quarter to quarter. See daily FII and DII flows across the market →
Companies Alphave classifies in the same sub-sector, closest by market capitalisation.