---
title: "Force Motors Ltd (FORCEMOT) — Share Price, Financials & Analysis"
symbol: "FORCEMOT"
company: "Force Motors Ltd"
canonical: "https://tapetide.com/stocks/FORCEMOT"
isin: "INE451A01017"
nse_symbol: "FORCEMOT"
bse_code: "500033"
sector: "Automobiles"
industry: "Cars & Utility Vehicles"
market_cap_cr: 23133.42
generated_at: "2026-09-13T20:03:09.228Z"
---

# Force Motors Ltd (FORCEMOT)

Canonical page: https://tapetide.com/stocks/FORCEMOT

## Company

- **NSE Symbol:** FORCEMOT
- **BSE Code:** 500033
- **ISIN:** INE451A01017
- **Sector:** Automobiles
- **Industry:** Cars & Utility Vehicles
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2024-02-14
- **CEO:** Dr. Abhaykumar Navalmal Firodia
- **Employees:** 4640
- **Face Value:** ₹10
- **F&O Eligible:** Yes
- **Website:** forcemotors.com

## About

Force Motors Ltd was established in 1958, is the flagship company of the Abhay Firodia group. The company is in the business of manufacturing fully vertically integrated small and light CVs, multi-utility vehicles, and agricultural tractors, which it supplies to various countries in the Middle East, Asia, Latin America, and Africa. It was known as Bajaj Tempo till 2005 [1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:54:33.782927Z.

- **Market Cap:** ₹23133.42 Cr
- **Classification:** Smallcap
- **P/E (reported):** 19.1
- **EPS (TTM):** ₹950.09
- **EPS (reported):** ₹330.24
- **Book Value:** ₹3183.26
- **Price to Book:** 5.7
- **Dividend Yield:** 0.28%
- **ROE:** 28.87%
- **ROCE:** 33.8%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹9167.5 Cr
- **Net Income:** ₹1211.7 Cr
- **EBITDA:** ₹1593.6 Cr
- **52-Week High:** ₹26450
- **52-Week Low:** ₹14911
- **RSI (14):** 55.55

## Tapetide Score

- **Score:** 51 / 100
- **Score date:** 2026-09-04
- **Archetype:** Out of Favour
- **What it means:** Financially sound, yet the market is not rewarding it. Cases like this usually need a specific reason the pessimism is misplaced, and patience for that reason to play out.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Falling
- **Percentile:** 52 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 76.66 | 9% |
| growth | 26.66 | 9% |
| momentum | 14.77 | 12% |
| ownership | 30.84 | 24% |
| quality | 64.02 | 22% |
| valuation | 77.72 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 62.4% CAGR over last 5 years

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -16.13% | 27.86% | — |
| ebitda margin growth | -18.17% | 22.91% | 28.93% | 381.44% |
| net income growth | -22.23% | 51.29% | 209% | 62% |
| revenue growth | -4.08% | 12.78% | 22% | 35% |
| roce | -23% | -8.85% | 40.77% | 20.95% |
| roe | -22.24% | 9.44% | 24.15% | -655.19% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1802 | 1692 | 2011 | 1885 | 1941 | 1889 | 2356 | 2297 | 2081 | 2129 | 2550 | 2440 |
| Expenses | 1581 | 1477 | 1733 | 1640 | 1664 | 1658 | 2027 | 1974 | 1719 | 1755 | 2136 | 2112 |
| Operating Profit | 221 | 215 | 279 | 245 | 277 | 232 | 329 | 323 | 363 | 374 | 414 | 328 |
| OPM % | 12 | 13 | 14 | 13 | 14 | 12 | 14 | 14 | 17 | 18 | 16 | 13 |
| Other Income | 9 | 4 | 18 | 15 | 9 | 20 | 418 | 25 | 26 | 241 | 39 | 43 |
| Interest | 16 | 14 | 14 | 9 | 5 | 4 | 7 | 0 | 0 | 0 | 3 | 0 |
| Depreciation | 67 | 68 | 68 | 69 | 69 | 71 | 72 | 70 | 71 | 73 | 72 | 77 |
| Profit before tax | 147 | 137 | 214 | 182 | 211 | 177 | 668 | 278 | 317 | 543 | 378 | 293 |
| Tax % | 36 | 37 | 35 | 36 | 36 | 35 | 35 | 36 | -11 | 25 | 26 | 26 |
| Net Profit | 94 | 85 | 140 | 116 | 135 | 115 | 435 | 176 | 351 | 406 | 279 | 217 |
| EPS in Rs | 71.24 | 64.81 | 106.45 | 87.81 | 102.47 | 87.51 | 329.92 | 133.82 | 266.14 | 308.21 | 211.38 | 164.36 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 3423 | 3652 | 3081 | 1988 | 3240 | 5029 | 6992 | 8072 | 9057 | 9200 |
| Expenses | 3155 | 3378 | 2820 | 1964 | 3190 | 4716 | 6096 | 6973 | 7573 | 7721 |
| Operating Profit | 268 | 275 | 261 | 24 | 50 | 313 | 897 | 1099 | 1484 | 1479 |
| OPM % | 8 | 8 | 8 | 1.2 | 1.6 | 6 | 13 | 14 | 16 | 16 |
| Other Income | 69 | 82 | 3 | 2 | 52 | 268 | 37 | 446 | 321 | 349 |
| Interest | 7 | 15 | 28 | 28 | 41 | 68 | 62 | 26 | 3 | 3 |
| Depreciation | 129 | 151 | 195 | 174 | 191 | 241 | 267 | 280 | 286 | 293 |
| Profit before tax | 201 | 190 | 42 | -176 | -130 | 272 | 605 | 1238 | 1516 | 1531 |
| Tax % | 27 | 25 | -20 | -30 | -30 | 51 | 36 | 35 | 20 | — |
| Net Profit | 147 | 143 | 50 | -124 | -91 | 134 | 388 | 801 | 1212 | 1252 |
| EPS in Rs | 111.66 | 108.78 | 38.08 | -93.83 | -69.12 | 101.42 | 294.54 | 607.71 | 919.55 | 950.09 |
| Dividend Payout % | 9 | 9 | 26 | -5 | -14 | 10 | 7 | 7 | 5 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 1654 | 1788 | 1920 | 1952 | 1825 | 1735 | 1862 | 2242 | 3020 | 4181 |
| Borrowings | 199 | 0 | 286 | 310 | 642 | 1069 | 955 | 524 | 17 | 0 |
| Other Liabilities | 738 | 722 | 617 | 823 | 757 | 844 | 1184 | 1635 | 2083 | 2343 |
| Total Liabilities | 2604 | 2523 | 2836 | 3098 | 3238 | 3661 | 4013 | 4415 | 5134 | 6538 |
| Fixed Assets | 911 | 948 | 1216 | 1400 | 1224 | 2033 | 2094 | 2031 | 1969 | 1921 |
| CWIP | 220 | 369 | 372 | 445 | 725 | 302 | 154 | 171 | 287 | 536 |
| Investments | 9 | 10 | 23 | 78 | 100 | 111 | 97 | 91 | 103 | 98 |
| Other Assets | 1463 | 1196 | 1225 | 1175 | 1189 | 1215 | 1668 | 2121 | 2775 | 3981 |
| Total Assets | 2604 | 2523 | 2836 | 3098 | 3238 | 3661 | 4013 | 4415 | 5134 | 6538 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 471 | 256 | 314 | 409 | 7 | 18 | 532 | 1014 | 1546 | 1297 |
| Cash from Investing Activity | -621 | -81 | -606 | -327 | -333 | -356 | -256 | -198 | -926 | -900 |
| Cash from Financing Activity | 180 | -223 | 256 | -20 | 293 | 375 | -207 | -509 | -562 | -73 |
| Net Cash Flow | 30 | -47 | -35 | 62 | -32 | 37 | 68 | 308 | 58 | 324 |
| Free Cash Flow | 236 | -62 | -183 | -49 | -445 | -315 | 274 | 810 | 1181 | 761 |
| CFO/OP | 198 | 106 | 131 | 163 | 41 | 32 | 171 | 130 | 161 | 116 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 14 | 26 | 17 | 20 | 23 | 21 | 14 | 5 | 8 | 8 |
| Inventory Days | 73 | 68 | 66 | 91 | 136 | 89 | 77 | 83 | 73 | 72 |
| Days Payable | 80 | 81 | 52 | 95 | 108 | 72 | 69 | 61 | 48 | 59 |
| Cash Conversion Cycle | 6 | 13 | 31 | 15 | 52 | 38 | 22 | 27 | 32 | 20 |
| Working Capital Days | 30 | 43 | 43 | 6 | -5 | -37 | -6 | -2 | 16 | 39 |
| ROCE % | 14 | 11 | 10 | 5 | -5 | -3 | 5 | 24 | 30 | 36 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 61.63% | 61.63% | 61.63% | 61.63% | 61.63% | 61.63% | 61.63% | 61.63% | 61.63% | 61.63% | 61.63% | 61.63% |
| FIIs | 4.94% | 4.91% | 6.34% | 7.78% | 7.89% | 8.15% | 8.35% | 9.77% | 10.27% | 10.46% | 10.93% | 9.52% |
| DIIs | 1.59% | 1.02% | 0.87% | 1.03% | 0.92% | 0.91% | 1.43% | 1.66% | 1.48% | 1.8% | 1.76% | 1.46% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 26.65% | 26.61% | 25.16% | 24.12% | 23.74% | 23.34% | 22.73% | 21.42% | 20.98% | 20.53% | 20.29% | 21.13% |
| Others | 5.2% | 5.83% | 6% | 5.45% | 5.82% | 5.97% | 5.85% | 5.53% | 5.64% | 5.59% | 5.39% | 6.27% |
| No. of Shareholders | 48086 | 47556 | 47742 | 51909 | 56044 | 59207 | 56164 | 59419 | 72334 | 71870 | 78750 | 94439 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 5 / 7 / 7

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 17653.7 | Buy |
| EMA (10) | 17698.28 | Buy |
| SMA (20) | 17703 | Buy |
| EMA (20) | 17753.73 | Sell |
| SMA (50) | 17946.54 | Sell |
| EMA (50) | 18029.88 | Sell |
| SMA (100) | 18563.56 | Sell |
| EMA (100) | 18516 | Sell |
| SMA (200) | 19556.32 | Sell |
| EMA (200) | 18310.4 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 48.5 | Neutral |
| MACD (12,26,9) | -97.81 | Buy |
| Stochastic (14,3,3) | 51.73 | Neutral |
| ADX (14) | 14.77 | Neutral |
| Williams %R (14) | -53.32 | Neutral |
| ATR (14) | 488.91 | Neutral |
| ROC (12) | 1.46 | Buy |
| Stoch RSI (14) | 54.78 | Neutral |
| UO (7,14,28) | 40 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Monthly Business Updates](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a6e269bd-09a4-438c-8757-034ee20ee614.pdf) |
| 2026-08-26 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a88187c6-0961-4ccd-9a46-d4a7e099baf6.pdf) |
| 2026-08-25 | [Communication To Shareholders Holding Shares In Physical Mode - Furnishing Of PAN And Other KYC Details](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b511ecca-91cb-443a-9836-b018df220b77.pdf) |
| 2026-08-25 | [Shareholder Meeting - AGM On 16-09-2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=602fa1fb-c6b8-4201-af4e-bf096aa780d9.pdf) |
| 2026-08-25 | [Record Date For Dividend For FY 2025-26- 09-09-2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f4665379-a72e-4a00-a961-0d96cdf441fc.pdf) |
| 2026-08-25 | [Book Closure - 10-09-2026 To 16-09-2026 (Both Days Inclusive)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0b48a995-b8e2-4ac3-b3fe-ad064f3cfce8.pdf) |
| 2026-08-25 | [Announcement under Regulation 30 (LODR)-Date of payment of Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=88fa536a-fd69-48d2-abe3-e3974959bf69.pdf) |
| 2026-08-25 | [Announcement under Regulation 30 (LODR)-Dividend Updates](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2d457cc6-fc97-4498-a01e-8b5611017d15.pdf) |
| 2026-08-25 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1d366b90-a4b0-48f6-bd90-3a28890cb8eb.pdf) |
| 2026-08-25 | [AGM Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=43e08035-14fa-47e5-b850-0b7042721469.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-07 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ff03b586-7592-4e55-baf8-e0c00b5b4c55.pdf) |
| 2026-06-26 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=01851d61-29d3-4f62-a3dd-41bc21b22484.pdf) |
| 2026-02-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=89f339be-c0ce-4b0a-b267-9e352c44a8af.pdf) |
| 2025-11-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3959809a-9c15-4baa-80e2-c719791b983f.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-29 | [Results-Financial Results For The Quarter Ended On 30Th June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=19b6fafd-0986-4370-870e-15cdbf11c1e7.pdf) |
| 2026-04-29 | [Results-Financial Results For The Quarter And Financial Year Ended On 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b35665cc-4dbf-4e6a-88ca-95ee8c1dbdb6.pdf) |
| 2026-02-04 | [Results- Financial Results For The Quarter And Nine Months Ended On 31St December 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9ae09ce6-e917-4720-80a3-8779c7486773.pdf) |
| 2025-11-07 | [Results-Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended On 30.09.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e6784858-f585-41b6-8643-4ef6cca7384a.pdf) |
| 2025-07-23 | [Results-Financial Results For Quarter Ended On 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=44a9a349-9694-4766-bbff-4d94d294b9c1.pdf) |
| 2025-04-25 | [Outcome Of Board Meeting And Declaration Of Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3fdb89ae-1291-4548-abc6-ad6f26716af7.pdf) |
| 2025-02-10 | [Results-Unaudited Financial For The Quarter And Nine Months Ended On 31St December 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6996096e-2162-400c-ad49-bd849a56bf6a.pdf) |
| 2024-10-29 | [Results-Unaudited Standalone And Consolidated Financial Results For Quarter And Half Year Ended On 30Th September, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=00797d50-4dd3-49fc-9c35-23f32288bce3.pdf) |
| 2024-07-30 | [Results- Financial Results For Quarter Ended 30Th June, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=50b13756-46d1-498b-a9fa-1db63a02483a.pdf) |
| 2024-04-26 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 26TH April 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=83288714-f22b-4354-820e-4eebc2b016d2.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Force Motors reported FY26 audited results, recommended Rs50 dividend, and acquired Veera Tanneries for Rs16,196 lakh. | [Board Meeting Outcome for Outcome Of Board Meeting - Financial Results And Dividend Updates. 9h - Force Motors reported FY26 audited results, recommended Rs50 dividend, and acquired Veera Tanneries for Rs16,196 lakh.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/a255758b-986c-4aa4-bd80-b794a36682f8.pdf) |
| 7h - Of Newspaper Publication- 2nd Notice for Special Window and Second 100 Days Campaign - "Saksham Niveshak" | [Announcement under Regulation 30 (LODR)-Newspaper Publication 7h - Of Newspaper Publication- 2nd Notice for Special Window and Second 100 Days Campaign - "Saksham Niveshak"](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7c700ae6-f4a5-4ea6-b1ca-ded974ed5453.pdf) |
| 7h - Force Motors acquired VTPL for Rs. 161.96 crore; VTPL became a wholly owned subsidiary. | [Announcement under Regulation 30 (LODR)-Updates on Acquisition 7h - Force Motors acquired VTPL for Rs. 161.96 crore; VTPL became a wholly owned subsidiary.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/5ca09777-8a99-4cdf-aec2-6caab22cd2ef.pdf) |
| 5h - Board meeting on 29 April 2026 to approve audited FY26 results and consider dividend; trading window closed till 1 May. | [Board Meeting Intimation for Board Meeting For Consideration Of Audited Standalone And Consolidated Financial Results For Quarter And Year Ended On 31/03/2026 And Consideration Of Dividend, If Any 5h - Board meeting on 29 April 2026 to approve audited FY26 results and consider dividend; trading window closed till 1 May.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/bbe26a97-c3b6-43cc-9278-2fceca0dbcf8.pdf) |
| 5 May - Force Motors launched New Traveller N Range; future Traveller production shifts to it from May 2026. | [Announcement Under Regulation 30 (LODR) - New Product Launch 5 May - Force Motors launched New Traveller N Range; future Traveller production shifts to it from May 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/cab536d7-1cb2-4a35-824c-f98872328650.pdf) |
| 5 May - Force Motors launched New Force Traveller N Range on 5 May 2026, replacing Traveller production from May 2026. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 5 May - Force Motors launched New Force Traveller N Range on 5 May 2026, replacing Traveller production from May 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b5e3bba9-7918-4254-bf86-460d4481bfa1.pdf) |
| 5 May - April 2026 domestic sales fell 4.89% to 3,053 units; Force Traveller N Range launched, production began in April. | [Announcement under Regulation 30 (LODR)-Monthly Business Updates 5 May - April 2026 domestic sales fell 4.89% to 3,053 units; Force Traveller N Range launched, production began in April.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/d6c4b265-256c-45c5-a7a8-1f81ee1f4cce.pdf) |
| 5 Mar - SEBI queried Force Motors about Feb 12, 2024 results and Feb 15–20, 2024 price movement; company will reply. | [Intimation Under Regulation 30(13) Of SEBI (LODR) Regulations, 2015. 5 Mar - SEBI queried Force Motors about Feb 12, 2024 results and Feb 15–20, 2024 price movement; company will reply.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/06a8e751-0662-4f9a-9b89-25758e36bee4.pdf) |
| 5 Mar - SEBI emailed 4 Mar 2026 seeking details on 29 Oct 2024 unaudited results (Q2/H1 FY2024-25). | [Intimation Under Regulation 30(13) 5 Mar - SEBI emailed 4 Mar 2026 seeking details on 29 Oct 2024 unaudited results (Q2/H1 FY2024-25).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ddbf153d-6bcd-4e7d-ad99-9b9d6c049378.pdf) |
| 5 Mar - SEBI emailed 4 Feb 2026 seeking information on Force Motors' Oct 29, 2024 Q2/H1 financial results. | [Intimation Under Regulation 30(13) Of SEBI (LODR) Regulations, 2015. 5 Mar - SEBI emailed 4 Feb 2026 seeking information on Force Motors' Oct 29, 2024 Q2/H1 financial results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3589ccf9-71ac-466a-9ee8-57a427c5abcf.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3959809a-9c15-4baa-80e2-c719791b983f.pdf) |
| Feb 2026 | [Concall - Feb 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/89f339be-c0ce-4b0a-b267-9e352c44a8af.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f73f1cc2-bcba-4b92-9311-b2d82a09f326.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/166b4f52-cfae-4451-bdab-60d4d40b9aab.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/81de859f-43d0-403d-8675-ab7266ad6a1b.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/500033/76367500033.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/500033/70781500033.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/500033/66535500033_08_09_20.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/500033/5000330319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/500033/5000330318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/500033/5000330317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/500033/5000330316.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T20:03:09.228Z.