About Force Motors Limited
Data last updated: 22 December 2025
Force Motors Limited is a public limited company based in Pune, Maharashtra, India, a subsidiary of Jaya Hind Industries Private Limited. It specialises in commercial vehicles and fleet, a part of the broader automotive sector. Incorporated on 08 September 1958, the company has been in operation for over 68 years.
Registered with ROC Pune under CIN L34102PN1958PLC011172. Listed on BSE: 500033 and NSE: FORCEMOT.
Capital: an authorised share capital of ₹20 Cr and a paid-up capital of ₹13.18 Cr. Formerly known as Bajaj Tempo Pvt Ltd and Bajaj Tempo Ltd. It is led by directors including Abhaykumar Navalmal Firodia and Mukesh Mangalbhai Patel.
Last AGM: 17 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai Pune Road Akurdi, Maharashtra, India – 411035.
As per the financials filed for FY 2025, the company reported a revenue of ₹8,128.29 Cr, a growth of 16% compared to the previous year.
The company has a workforce of approximately 2,952 employees as per the latest available data. It operates as a subsidiary of Jaya Hind Industries Private Limited. Its group structure includes 2 subsidiaries.
The company is associated with 3 brands - Force Gurkha, Force Urbania, Force Motors. As per MCA filings, the company has open charges of ₹1,065 Cr and satisfied charges of ₹2,099.7 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website forcemotors.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressMumbai Pune Road Akurdi, Maharashtra, India – 411035
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IndustryAutomotive, Commercial Vehicles & Fleet
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Force Motors Limited
Force Motors Limited has undergone 2 name changes throughout its history. The company was previously known as Bajaj Tempo Pvt Ltd, and Bajaj Tempo Ltd. The current legal name is Force Motors Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Force Motors Limited | Current |
| Bajaj Tempo Pvt Ltd | Previous |
| Bajaj Tempo Ltd | Previous |
CIN History of Force Motors Limited
Force Motors Limited has one previous CIN (Corporate Identification Number): L34102MH1958PLC011172. The current CIN is L34102PN1958PLC011172, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L34102PN1958PLC011172 | Current |
| L34102MH1958PLC011172 | Previous |
Associated Brands with Force Motors Limited
Force Motors Limited operates multiple associated brands including Force Gurkha, Force Urbania, and Force Motors. These brands represent Force Motors Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Automotive components are designed and manufactured in Pune, India. | forcemotors.com | |
| Manufacturing and sales of 4x4 vehicles and related accessories in India. | forcegurkha.co.in | |
| Manufacturing and distribution of commercial vehicles like Urbania in India. | forceurbania.co.in |
Competitors & Alternatives of Force Motors Limited
Brands and companies operating in the same space as Force Motors Limited include Cummins, UNO Minda, Mahindra and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Cummins
|
Manufacturer of gas-powered construction equipment | United States | 1919 |
UNO Minda
|
Manufacturer and supplier of major auto components to OEMs and tier 1 companies | Gurugram, India, India | 1958 |
Mahindra
|
Diversified operations span automotive, agriculture, and financial services. | Mumbai, India, India | 1945 |
Ford
|
Automobiles and commercial vehicles are manufactured by Ford. | United States | 1903 |
Eicher Motors
|
Commercial vehicles and two-wheelers are manufactured by Eicher Motors. | Gurugram, India, India | 1948 |
Illinois Tool Works
|
Major auto components are manufactured and supplied to OEMs. | Glenview, United States, United States | 1912 |
Endurance Technologies
|
Auto components including suspension and braking systems are manufactured. | Aurangabad, India, India | 1985 |
Pricol
|
Electronic components for automotive applications are manufactured. | Coimbatore, India, India | 1975 |
Business Activity of Force Motors Limited
Force Motors Limited is engaged in the principal business activity of manufacturing, with detailed activities including motor vehicles, trailers, semi trailers and other transport vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | ********* |
Auditor Details of Force Motors Limited
Force Motors Limited is audited by Kirtane & Pandit LLP (ICAI peer reviewed, certificate valid till 2028-12-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Kirtane & Pandit LLP (ICAI peer reviewed, certificate valid till 2028-12-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Force Motors Limited
Force Motors Limited is currently managed by 8 directors, with 35 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
Financials of Force Motors Limited FY 2026 filings available
Force Motors Limited reported revenue of ₹9,057.05 Cr (up 12.21% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Revenue from Operations | ₹9,057.05 Cr | ₹8,071.73 Cr | ₹6,992.13 Cr |
| Other Income | ₹110.46 Cr | ₹56.56 Cr | ₹39.1 Cr |
| Total Income | ₹9,167.51 Cr | ₹8,128.29 Cr | ₹7,031.23 Cr |
| Cost of Materials Consumed | ₹6,427.2 Cr | ₹5,958.64 Cr | ₹5,231.5 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹22.51 Cr | -₹11.53 Cr | -₹107.03 Cr |
| Employee Benefit Expense | ₹686.31 Cr | ₹591.89 Cr | ₹533.34 Cr |
| Finance Costs | ₹3.26 Cr | ₹25.87 Cr | ₹62.14 Cr |
| Depreciation & Amortisation | ₹285.99 Cr | ₹280.24 Cr | ₹266.75 Cr |
| Other Expenses | ₹482.9 Cr | ₹440.01 Cr | ₹425.63 Cr |
| Total Expenses | ₹7,863.15 Cr | ₹7,285.12 Cr | ₹6,412.33 Cr |
| Profit Before Exceptional Items & Tax | ₹1,304.36 Cr | ₹843.17 Cr | ₹618.9 Cr |
| Exceptional Items | ₹211.24 Cr | ₹394.57 Cr | ₹0 |
| Profit Before Tax | ₹1,515.6 Cr | ₹1,237.74 Cr | ₹618.9 Cr |
| Total Tax Expense | ₹303.96 Cr | ₹437.4 Cr | ₹216.86 Cr |
| Net Profit | ₹1,211.75 Cr | ₹800.86 Cr | ₹388.21 Cr |
| attributable to Owners | ₹1,211.63 Cr | ₹800.74 Cr | ₹388.09 Cr |
| attributable to NCI | ₹12 Lakh | ₹12 Lakh | ₹12 Lakh |
| Other Comprehensive Income | ₹1.99 Cr | ₹3.9 Cr | ₹5.2 Cr |
| Total Comprehensive Income | ₹1,213.74 Cr | ₹804.76 Cr | ₹393.41 Cr |
| EBITDA (computed) | ₹1,593.61 Cr | ₹1,149.28 Cr | ₹947.79 Cr |
| Basic EPS | ₹919.56 | ₹607.71 | ₹294.54 |
| Diluted EPS | ₹919.56 | ₹607.71 | ₹294.54 |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Total Assets | ₹6,537.55 Cr | ₹5,133.98 Cr | ₹4,414.69 Cr |
| Non-current Assets | ₹2,705.93 Cr | ₹2,553.62 Cr | ₹2,368.72 Cr |
| Current Assets | ₹3,831.62 Cr | ₹2,580.36 Cr | ₹2,045.97 Cr |
| Property, Plant & Equipment | ₹1,473.46 Cr | ₹1,523.66 Cr | ₹1,571.1 Cr |
| Inventories | ₹1,258.01 Cr | ₹1,183.76 Cr | ₹1,163.19 Cr |
| Trade Receivables | ₹191.15 Cr | ₹174.34 Cr | ₹104.06 Cr |
| Cash & Equivalents | ₹830.42 Cr | ₹506.55 Cr | ₹448.16 Cr |
| Equity (Net Worth) | ₹4,196.81 Cr | ₹3,035.76 Cr | ₹2,257.35 Cr |
| Equity Share Capital | ₹13.18 Cr | ₹13.18 Cr | ₹13.18 Cr |
| Borrowings (Non-current) | ₹0 | ₹1.34 Cr | ₹381.77 Cr |
| Borrowings (Current) | ₹0 | ₹16.09 Cr | ₹142.73 Cr |
| Total Debt (computed) | ₹0 | ₹17.43 Cr | ₹524.5 Cr |
| Current Liabilities | ₹2,044.22 Cr | ₹1,725.24 Cr | ₹1,635.95 Cr |
| Total Liabilities | ₹2,340.74 Cr | ₹2,098.22 Cr | ₹2,157.34 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Operating Cash Flow | ₹1,297.09 Cr | ₹971.47 Cr | ₹1,014.45 Cr |
| Investing Cash Flow | -₹899.84 Cr | -₹351.23 Cr | -₹197.5 Cr |
| Financing Cash Flow | -₹73.4 Cr | -₹561.84 Cr | -₹509.19 Cr |
| Capital Expenditure | ₹539.62 Cr | ₹366.9 Cr | ₹208.38 Cr |
| Free Cash Flow (computed) | ₹757.47 Cr | ₹604.57 Cr | ₹806.07 Cr |
| Dividends Paid | ₹52.7 Cr | ₹26.35 Cr | ₹13.18 Cr |
| Net Change in Cash | ₹323.87 Cr | ₹58.4 Cr | ₹307.77 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹2,549.84 Cr | ₹2,128.56 Cr | ₹2,081.4 Cr | ₹2,297.25 Cr | ₹2,356.01 Cr | ₹1,889.49 Cr | ₹1,941.33 Cr | ₹1,884.9 Cr | ₹2,011.21 Cr |
| Other Income | ₹33.85 Cr | ₹27.06 Cr | ₹24.49 Cr | ₹25.06 Cr | ₹18.13 Cr | ₹14.89 Cr | ₹8.57 Cr | ₹14.97 Cr | ₹14.6 Cr |
| Total Income | ₹2,583.69 Cr | ₹2,155.62 Cr | ₹2,105.89 Cr | ₹2,322.31 Cr | ₹2,374.14 Cr | ₹1,904.38 Cr | ₹1,949.9 Cr | ₹1,899.87 Cr | ₹2,025.81 Cr |
| Cost of Materials Consumed | ₹1,677.17 Cr | ₹1,490.54 Cr | ₹1,552.86 Cr | ₹1,706.63 Cr | ₹1,630.72 Cr | ₹1,505.73 Cr | ₹1,398.55 Cr | ₹1,423.64 Cr | ₹1,460.3 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹117.62 Cr | -₹8.81 Cr | -₹109.18 Cr | -₹22.14 Cr | ₹86.44 Cr | -₹88.16 Cr | ₹27.95 Cr | -₹37.76 Cr | -₹9.57 Cr |
| Employee Benefit Expense | ₹181.49 Cr | ₹167.45 Cr | ₹170.92 Cr | ₹166.45 Cr | ₹191.5 Cr | ₹131.49 Cr | ₹129.76 Cr | ₹139.14 Cr | ₹160.31 Cr |
| Finance Costs | ₹2.74 Cr | ₹16 Lakh | ₹23 Lakh | ₹13 Lakh | ₹7.26 Cr | ₹4.12 Cr | ₹5.43 Cr | ₹9.06 Cr | ₹14.29 Cr |
| Depreciation & Amortisation | ₹72.03 Cr | ₹72.72 Cr | ₹70.95 Cr | ₹70.29 Cr | ₹71.88 Cr | ₹70.51 Cr | ₹68.56 Cr | ₹69.29 Cr | ₹68.05 Cr |
| Other Expenses | ₹159.22 Cr | ₹105.37 Cr | ₹104.03 Cr | ₹114.28 Cr | ₹118.11 Cr | ₹108.73 Cr | ₹102.45 Cr | ₹110.72 Cr | ₹121.53 Cr |
| Total Expenses | ₹2,210.27 Cr | ₹1,827.43 Cr | ₹1,789.81 Cr | ₹2,035.64 Cr | ₹2,105.91 Cr | ₹1,732.42 Cr | ₹1,732.7 Cr | ₹1,714.09 Cr | ₹1,814.91 Cr |
| Profit Before Exceptional Items & Tax | ₹373.42 Cr | ₹328.19 Cr | ₹316.08 Cr | ₹286.67 Cr | ₹268.23 Cr | ₹171.96 Cr | ₹217.2 Cr | ₹185.78 Cr | ₹210.9 Cr |
| Exceptional Items | ₹0 | ₹211.24 Cr | ₹0 | ₹0 | ₹394.57 Cr | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹373.42 Cr | ₹539.43 Cr | ₹316.08 Cr | ₹286.67 Cr | ₹662.8 Cr | ₹171.96 Cr | ₹217.2 Cr | ₹185.78 Cr | ₹210.9 Cr |
| Total Tax Expense | ₹99.66 Cr | ₹136.47 Cr | -₹33.52 Cr | ₹101.35 Cr | ₹233.07 Cr | ₹61.81 Cr | ₹76.43 Cr | ₹66.09 Cr | ₹74.09 Cr |
| Net Profit | ₹278.54 Cr | ₹406.15 Cr | ₹350.7 Cr | ₹176.36 Cr | ₹434.74 Cr | ₹115.34 Cr | ₹135.05 Cr | ₹115.73 Cr | ₹140.29 Cr |
| attributable to Owners | ₹278.52 Cr | ₹406.11 Cr | ₹350.67 Cr | ₹176.33 Cr | ₹434.71 Cr | ₹115.31 Cr | ₹135.02 Cr | ₹115.7 Cr | ₹140.26 Cr |
| attributable to NCI | ₹2 Lakh | ₹4 Lakh | ₹3 Lakh | ₹3 Lakh | ₹3 Lakh | ₹3 Lakh | ₹3 Lakh | ₹3 Lakh | ₹3 Lakh |
| Other Comprehensive Income | ₹2.31 Cr | ₹1.1 Cr | -₹3.54 Cr | ₹2.12 Cr | -₹2.02 Cr | ₹3.8 Cr | -₹78 Lakh | ₹2.9 Cr | ₹2.46 Cr |
| Total Comprehensive Income | ₹280.85 Cr | ₹407.25 Cr | ₹347.16 Cr | ₹178.48 Cr | ₹432.72 Cr | ₹119.14 Cr | ₹134.27 Cr | ₹118.63 Cr | ₹142.75 Cr |
| EBITDA (computed) | ₹448.19 Cr | ₹401.07 Cr | ₹387.26 Cr | ₹357.09 Cr | ₹347.37 Cr | ₹246.59 Cr | ₹291.19 Cr | ₹264.13 Cr | ₹293.24 Cr |
| Basic EPS | ₹211.37 | ₹308.22 | ₹266.14 | ₹133.82 | ₹329.92 | ₹87.52 | ₹102.46 | ₹87.81 | ₹106.45 |
| Diluted EPS | ₹211.37 | ₹308.22 | ₹266.14 | ₹133.82 | ₹329.92 | ₹87.52 | ₹102.46 | ₹87.81 | ₹106.45 |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Revenue from Operations | ₹9,056.54 Cr | ₹8,071.23 Cr | ₹6,991.65 Cr |
| Other Income | ₹110.46 Cr | ₹56.56 Cr | ₹39.1 Cr |
| Total Income | ₹9,167 Cr | ₹8,127.79 Cr | ₹7,030.75 Cr |
| Cost of Materials Consumed | ₹6,427.2 Cr | ₹5,958.64 Cr | ₹5,231.5 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹22.51 Cr | -₹11.53 Cr | -₹107.03 Cr |
| Employee Benefit Expense | ₹686.31 Cr | ₹591.89 Cr | ₹533.35 Cr |
| Finance Costs | ₹3.26 Cr | ₹25.87 Cr | ₹62.14 Cr |
| Depreciation & Amortisation | ₹285.99 Cr | ₹280.24 Cr | ₹266.75 Cr |
| Other Expenses | ₹482.9 Cr | ₹440.01 Cr | ₹425.62 Cr |
| Total Expenses | ₹7,863.15 Cr | ₹7,285.12 Cr | ₹6,412.33 Cr |
| Profit Before Exceptional Items & Tax | ₹1,303.85 Cr | ₹842.67 Cr | ₹618.42 Cr |
| Exceptional Items | ₹211.24 Cr | ₹394.57 Cr | ₹0 |
| Profit Before Tax | ₹1,515.09 Cr | ₹1,237.24 Cr | ₹618.42 Cr |
| Total Tax Expense | ₹303.83 Cr | ₹437.27 Cr | ₹216.74 Cr |
| Net Profit | ₹1,211.26 Cr | ₹799.97 Cr | ₹401.68 Cr |
| Other Comprehensive Income | ₹1.95 Cr | ₹3.87 Cr | ₹5.17 Cr |
| Total Comprehensive Income | ₹1,213.21 Cr | ₹803.84 Cr | ₹406.85 Cr |
| EBITDA (computed) | ₹1,593.1 Cr | ₹1,148.78 Cr | ₹947.31 Cr |
| Basic EPS | ₹919.28 | ₹607.13 | ₹304.86 |
| Diluted EPS | ₹919.28 | ₹607.13 | ₹304.86 |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Total Assets | ₹6,604.87 Cr | ₹5,201.84 Cr | ₹4,483.46 Cr |
| Non-current Assets | ₹2,780.58 Cr | ₹2,628.42 Cr | ₹2,444.07 Cr |
| Current Assets | ₹3,824.29 Cr | ₹2,573.42 Cr | ₹2,039.39 Cr |
| Property, Plant & Equipment | ₹1,473.46 Cr | ₹1,523.66 Cr | ₹1,571.1 Cr |
| Inventories | ₹1,258.01 Cr | ₹1,183.76 Cr | ₹1,163.19 Cr |
| Trade Receivables | ₹191.15 Cr | ₹174.34 Cr | ₹104.06 Cr |
| Cash & Equivalents | ₹823.28 Cr | ₹499.8 Cr | ₹441.76 Cr |
| Equity (Net Worth) | ₹4,264.13 Cr | ₹3,103.62 Cr | ₹2,326.12 Cr |
| Equity Share Capital | ₹13.18 Cr | ₹13.18 Cr | ₹13.18 Cr |
| Borrowings (Non-current) | ₹0 | ₹1.34 Cr | ₹381.77 Cr |
| Borrowings (Current) | ₹0 | ₹16.09 Cr | ₹142.73 Cr |
| Total Debt (computed) | ₹0 | ₹17.43 Cr | ₹524.5 Cr |
| Current Liabilities | ₹2,044.22 Cr | ₹1,725.24 Cr | ₹1,635.95 Cr |
| Total Liabilities | ₹2,340.74 Cr | ₹2,098.22 Cr | ₹2,157.34 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Operating Cash Flow | ₹1,296.7 Cr | ₹971.12 Cr | ₹1,011.19 Cr |
| Investing Cash Flow | -₹899.84 Cr | -₹351.23 Cr | -₹197.5 Cr |
| Financing Cash Flow | -₹73.4 Cr | -₹561.84 Cr | -₹509.19 Cr |
| Capital Expenditure | ₹539.62 Cr | ₹366.9 Cr | ₹208.38 Cr |
| Free Cash Flow (computed) | ₹757.08 Cr | ₹604.22 Cr | ₹802.81 Cr |
| Dividends Paid | ₹52.7 Cr | ₹26.35 Cr | ₹13.18 Cr |
| Net Change in Cash | ₹323.48 Cr | ₹58.05 Cr | ₹304.51 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹2,549.72 Cr | ₹2,128.43 Cr | ₹2,081.27 Cr | ₹2,297.12 Cr | ₹2,355.89 Cr | ₹1,889.36 Cr | ₹1,941.2 Cr | ₹1,884.78 Cr | ₹2,011.08 Cr |
| Other Income | ₹33.85 Cr | ₹27.06 Cr | ₹24.49 Cr | ₹25.06 Cr | ₹18.13 Cr | ₹14.89 Cr | ₹8.57 Cr | ₹14.97 Cr | ₹14.6 Cr |
| Total Income | ₹2,583.57 Cr | ₹2,155.49 Cr | ₹2,105.76 Cr | ₹2,322.18 Cr | ₹2,374.02 Cr | ₹1,904.25 Cr | ₹1,949.77 Cr | ₹1,899.75 Cr | ₹2,025.68 Cr |
| Cost of Materials Consumed | ₹1,677.17 Cr | ₹1,490.54 Cr | ₹1,552.86 Cr | ₹1,706.63 Cr | ₹1,630.72 Cr | ₹1,505.73 Cr | ₹1,398.55 Cr | ₹1,423.64 Cr | ₹1,460.3 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹117.62 Cr | -₹8.81 Cr | -₹109.18 Cr | -₹22.14 Cr | ₹86.44 Cr | -₹88.16 Cr | ₹27.95 Cr | -₹37.76 Cr | -₹9.57 Cr |
| Employee Benefit Expense | ₹181.49 Cr | ₹167.45 Cr | ₹170.92 Cr | ₹166.45 Cr | ₹191.5 Cr | ₹131.49 Cr | ₹129.76 Cr | ₹139.14 Cr | ₹160.32 Cr |
| Finance Costs | ₹2.74 Cr | ₹16 Lakh | ₹23 Lakh | ₹13 Lakh | ₹7.26 Cr | ₹4.12 Cr | ₹5.43 Cr | ₹9.06 Cr | ₹14.29 Cr |
| Depreciation & Amortisation | ₹72.03 Cr | ₹72.72 Cr | ₹70.95 Cr | ₹70.29 Cr | ₹71.88 Cr | ₹70.51 Cr | ₹68.56 Cr | ₹69.29 Cr | ₹68.05 Cr |
| Other Expenses | ₹159.22 Cr | ₹105.37 Cr | ₹104.03 Cr | ₹114.28 Cr | ₹118.11 Cr | ₹108.73 Cr | ₹102.45 Cr | ₹110.72 Cr | ₹121.52 Cr |
| Total Expenses | ₹2,210.27 Cr | ₹1,827.43 Cr | ₹1,789.81 Cr | ₹2,035.64 Cr | ₹2,105.91 Cr | ₹1,732.42 Cr | ₹1,732.7 Cr | ₹1,714.09 Cr | ₹1,814.91 Cr |
| Profit Before Exceptional Items & Tax | ₹373.3 Cr | ₹328.06 Cr | ₹315.95 Cr | ₹286.54 Cr | ₹268.11 Cr | ₹171.83 Cr | ₹217.07 Cr | ₹185.66 Cr | ₹210.77 Cr |
| Exceptional Items | ₹0 | ₹211.24 Cr | ₹0 | ₹0 | ₹394.57 Cr | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹373.3 Cr | ₹539.3 Cr | ₹315.95 Cr | ₹286.54 Cr | ₹662.68 Cr | ₹171.83 Cr | ₹217.07 Cr | ₹185.66 Cr | ₹210.77 Cr |
| Total Tax Expense | ₹99.63 Cr | ₹136.44 Cr | -₹33.56 Cr | ₹101.32 Cr | ₹233.04 Cr | ₹61.77 Cr | ₹76.39 Cr | ₹66.07 Cr | ₹74.06 Cr |
| Net Profit | ₹273.67 Cr | ₹402.86 Cr | ₹349.51 Cr | ₹185.22 Cr | ₹429.64 Cr | ₹110.06 Cr | ₹140.68 Cr | ₹119.59 Cr | ₹136.71 Cr |
| Other Comprehensive Income | ₹2.29 Cr | ₹1.09 Cr | -₹3.54 Cr | ₹2.11 Cr | -₹2.03 Cr | ₹3.79 Cr | -₹78 Lakh | ₹2.89 Cr | ₹2.47 Cr |
| Total Comprehensive Income | ₹275.96 Cr | ₹403.95 Cr | ₹345.97 Cr | ₹187.33 Cr | ₹427.61 Cr | ₹113.85 Cr | ₹139.9 Cr | ₹122.48 Cr | ₹139.18 Cr |
| EBITDA (computed) | ₹448.07 Cr | ₹400.94 Cr | ₹387.13 Cr | ₹356.96 Cr | ₹347.25 Cr | ₹246.46 Cr | ₹291.06 Cr | ₹264.01 Cr | ₹293.11 Cr |
| Basic EPS | ₹207.70 | ₹305.75 | ₹265.26 | ₹140.57 | ₹326.07 | ₹83.53 | ₹106.77 | ₹90.76 | ₹103.76 |
| Diluted EPS | ₹207.70 | ₹305.75 | ₹265.26 | ₹140.57 | ₹326.07 | ₹83.53 | ₹106.77 | ₹90.76 | ₹103.76 |
Shareholding Pattern of Force Motors Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 61.63%, foreign institutional investors hold 10.93%, domestic institutional investors hold 1.76%, retail and other public shareholders hold 25.68% of Force Motors Limited. The company had 78,750 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 61.63% | 61.63% | 61.63% | 61.63% | 61.63% | 61.63% |
| Public | 38.37% | 38.37% | 38.37% | 38.37% | 38.37% | 38.37% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 61.63% | 61.63% | 61.63% |
| Public | 38.37% | 38.37% | 38.37% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Board & Governance of Force Motors Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Force Motors Limited has 9 directors - 6 independent and 3 executive. The board is chaired by Abhaykumar Navalmal Firodia.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Abhaykumar Navalmal Firodia | Executive Director · MD · Chairperson | 1987-07-01 | 1 |
| Prasan Abhaykumar Firodia | Executive Director · MD | 2003-12-17 | 1 |
| Vallabh Roopchand Bhanshali | Non-Executive - Independent Director | 2022-08-13 | 1 |
| Mukesh Mangalbhai Patel | Non-Executive - Independent Director | 2022-08-13 | 2 |
| Sonia Prashar | Non-Executive - Independent Director | 2022-09-28 | 2 |
| Gautam Hemant Bambawale | Non-Executive - Independent Director | 2025-12-19 | 1 |
| Nitin Nandkishor Kareer | Non-Executive - Independent Director | 2025-12-19 | 1 |
| Prashant Vijay Inamdar | Executive Director | 2015-01-16 | 1 |
| Vinod Gulabrao Khandare | Non-Executive - Independent Director | 2026-01-29 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Mukesh Mangalbhai Patel (Chairperson), Prasan Abhaykumar Firodia, Sonia Prashar, Gautam Hemant Bambawale, Vinod Gulabrao Khandare |
| Nomination and remuneration committee | Mukesh Mangalbhai Patel (Chairperson), Sonia Prashar, Abhaykumar Navalmal Firodia, Nitin Nandkishor Kareer |
| Stakeholders Relationship Committee | Mukesh Mangalbhai Patel (Chairperson), Abhaykumar Navalmal Firodia, Prasan Abhaykumar Firodia |
| Risk Management Committee | Abhaykumar Navalmal Firodia (Chairperson), Prasan Abhaykumar Firodia, Prashant Vijay Inamdar, Sonia Prashar, Nitin Nandkishor Kareer |
| Corporate Social Responsibility Committee | Mukesh Mangalbhai Patel (Chairperson), Abhaykumar Navalmal Firodia, Prasan Abhaykumar Firodia, Gautam Hemant Bambawale, Vinod Gulabrao Khandare |
Group Structure of Force Motors Limited
Force Motors Limited has 2 subsidiary companies. This group structure data is as of FY 2022. The corporate group structure reflects Force Motors Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Force Mtu Power Systems Private Limited | U29309PN2018PTC178041 | - |
| Tempo Finance (West) Pvt Ltd | U65910PN1991PTC062179 | - |
Showing major subsidiaries. Total: 2.
Charges & Borrowings of Force Motors Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jan 2024 | Hdfc Bank Limited | ₹300 Cr | Open |
| 15 Sep 2023 | State Bank of India | ₹155 Cr | Open |
| 21 Jun 2023 | Others | ₹125 Cr | Open |
| 17 Mar 2020 | The Hongkong and Shanghai Banking Corporation Limited | ₹115 Cr | Open |
| 17 Mar 2020 | Others | ₹160 Cr | Open |
Total charge records: 42 View all charges
Employees and EPFO Compliance at Force Motors Limited
Force Motors Limited has a workforce of 2,952 employees as of Apr 05, 2024.
Employee Count & EPFO Data of Force Motors Limited
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GST Compliance of Force Motors Limited
GSTIN & GST Filing Data of Force Motors Limited
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Credit Ratings, Litigation & Regulatory Alerts for Force Motors Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Force Motors Limited
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MSME Payment Delays by Force Motors Limited
MSME Payment Delays by Force Motors Limited
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Subsidiaries & Group Companies of Force Motors Limited
Subsidiaries & Group Companies of Force Motors Limited
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MCA Filings & Documents of Force Motors Limited
MCA Filings & Documents of Force Motors Limited
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Recent Activity on Force Motors Limited
Recent News on Force Motors Limited
Frequently Asked Questions about Force Motors Limited
Force Motors Limited is an active public limited company in the automotive sector based in Pune, Maharashtra, India. It was incorporated on 08 September 1958 (68+ years old) and is registered under CIN L34102PN1958PLC011172. Listed on BSE: 500033 and NSE: FORCEMOT. The company has 2,952 employees.
Force Motors Limited reported revenue of ₹8,128.29 Cr for FY 2025 (up 16.00% YoY).
The current directors of Force Motors Limited are:
The primary industry of Force Motors Limited is automotive. The company specifically operates in commercial vehicles and fleet. The company is currently active in this sector.
Yes. Force Motors Limited is listed on both BSE (code: 500033) and NSE (symbol: FORCEMOT).
Force Motors Limited can be reached at the registered office: Mumbai Pune Road Akurdi, Maharashtra, India – 411035, or through the website forcemotors.com.