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Force Motors Ltd (FORCEMOT)

₹8514.251.77%

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Overview
News
Financials
Q3 '23 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹8,375.25
    ₹8,610
  • 52 Week's Low

    52 Week's High

    ₹2,400.1
    ₹10,277.85
1 Month Return-7.24 %
3 Month Return-4.34 %
1 Year Return+ 222.23 %
Previous Close₹8,366.15
Open₹8,435.00
Volume24.89K
Upper Circuit-
Lower Circuit-
Market Cap₹11,026.59Cr

Key Statistics

P/E Ratio28.4
PEG Ratio0.15
Market Cap₹11,026.59 Cr
P/B Ratio0.8
EPS108.82

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Sundaram ELSS Tax Saver Fund Direct Plan - GrowthSundaram ELSS Tax Saver Fund Direct Plan - Growth2.66%
Sundaram Equity Savings - Direct Plan - Growth OptionSundaram Equity Savings - Direct Plan - Growth Option1.29%

Company Information

Force Motors Ltd is an Indian automotive manufacturer incorporated in 1958. It is headquartered in Pune, Maharashtra and is led by Chairman Abhay Firodia and Managing Director Prasan Firodia. Force Motors Ltd is engaged in the production of commercial vehicles, agricultural tractors, light commercial vehicles and auto components.

The company's top products include the Traveller, Trax Cruiser and Trax Toofan. These vehicles are popularly used as passenger vehicles, cargo carriers and ambulances. Force Motors' popular brands include the Trax, Gama, Shakti and Gurkha. The company also manufactures engines, axles, gearboxes, turbochargers and other components for the automotive industry.

Share Price: ₹8514.25 per share as on 11 Jul, 2024 04:01 PM
Market Capitalisation: ₹11,026.59Cr as of today
Revenue: ₹2,011.21Cr as on March 2024 (Q1 24)
Net Profit: ₹140.29Cr as on March 2024 (Q1 24)
Listing date: 12 Jan, 1995
Chairperson Name: Abhay Firodia
OrganisationForce Motors Ltd
Headquarters
IndustryAutomobile
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Key events for Force Motors Ltd

  • Force Motors Reports Strong Q4 Results - 04 Jul, 2024

    Force Motors Ltd's Q4 FY24 revenue increased by 19% to Rs. 2,011 crores, while net profits surged by 65% to Rs. 140 crores. The stock opened higher at Rs. 9,098.45.

  • Force Motors Sales Dip in June 2024 - 03 Jul, 2024

    Force Motors reported a decline of 2.85% in total sales for June 2024 compared to the same period last year. Domestic sales increased by 12.66%, while export sales plummeted by 80%. The company's consolidated net profit also decreased by 4.31% in Q4 FY24 over Q4 FY23.

  • Force Motors' ROCE Outpaces Industry Average - 02 Jul, 2024

    Force Motors has an impressive ROCE of 25%, outpacing the industry average of 17%. The returns generated on capital employed have grown considerably in the last five years, indicating effective use of capital. However, there was a noticeable increase in current liabilities, which could introduce new risks for the business.

  • Force Motors Reports Rise in Domestic Sales but Exports Fall Sharply - 06 Jun, 2024

    Force Motors reported a 14% rise in domestic sales in May, while exports fell sharply by 63%. The company's net profit also fell over 4% on-year to Rs 140.3 crore in Q4 FY24.

Insights on Force Motors Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 85.4 Cr → 140.26 Cr (in ₹), with an average increase of 39.1% per quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, FORCEMOT has outperformed top 5 stocks with highest market-cap in Auto & Truck Manufacturers

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 6 months, FORCEMOT stock has moved up by 126.5%

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, FORCEMOT has outperformed top 5 stocks with highest market-cap in Auto & Truck Manufacturers

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 1.69K Cr → 2.02K Cr (in ₹), with an average increase of 16.4% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 5.39% to 6.34% in Mar 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 61.63% of holdings in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 31.83% to 31.16% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 0.91% to 0.51% in Mar 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹2,011.21Cr
↑18.89%
Net Income
₹140.29Cr
↑64.20%
Net Profit Margin
6.98%
↑38.22%
2023Y/Y Change
Revenue
₹5,028.98Cr
↑55.20%
Net Income
₹133.74Cr
↓246.98%
Net Profit Margin
2.66%
↓194.66%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹4,419.96Cr
↑9.65%
Total Liabilities
₹2,487.51Cr
↑10.86%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹531.46Cr
↑2,826.54%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
61.63%
0.00
Foreign Institutions
6.34%
17.72
Mutual Funds
0.51%
-44.38
Retail Investors
31.16%
-2.11
Others
0.36%
51.56

Key Indicators

Force Motors Ltd Valuation

Force Motors Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-63.96x)

December 7, 2020

Today (28.40x)

July 10, 2024

Industry (47.16x)

July 10, 2024

Highest (33.78x)

April 24, 2024

LowHigh

Earnings and Dividends

  • Force Motors Ltd Earnings Results

    Force Motors Ltd’s net profit fell -4.32% since last year same period to ₹140.26Cr in the Q4 2023-2024. On a quarterly growth basis, Force Motors Ltd has generated 64.24% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Force Motors Ltd Dividends May,2023

    In the quarter ending March 2023, Force Motors Ltd has declared dividend of ₹10 - translating a dividend yield of 0.12%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Force Motors Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Force Motors Ltd (FORCEMOT) share price today is ₹8514.25

Force Motors Ltd is listed on NSE

Force Motors Ltd is listed on BSE

  • Today’s highest price of Force Motors Ltd is ₹8610.
  • Today’s lowest price of Force Motors Ltd is ₹8375.25.

PE Ratio of Force Motors Ltd is 28.4

PE ratio = Force Motors Ltd Market price per share / Force Motors Ltd Earnings per share

Today’s traded volume of Force Motors Ltd(FORCEMOT) is 24.89K.

Today’s market capitalisation of Force Motors Ltd(FORCEMOT) is ₹11026.59Cr.

Force Motors Ltd(FORCEMOTPrice
52 Week High
₹10277.85
52 Week Low
₹2400.1

Force Motors Ltd(FORCEMOT) share price is ₹8514.25. It is down -17.16% from its 52 Week High price of ₹10277.85

Force Motors Ltd(FORCEMOT) share price is ₹8514.25. It is up 254.75% from its 52 Week Low price of ₹2400.1

Force Motors Ltd(FORCEMOTReturns
1 Day Returns
148.1%
1 Month Returns
-7.24%
3 Month Returns
-4.34%
1 Year Returns
222.23%