Force Motors Ltd
NSE: FORCEMOT BSE: 500033
₹17578
+308 (1.78%)
Thu, 22 Oct 2026, 09:49 pm
Market Cap (in Cr)22742.23
PE Ratio18.50
Dividend0.29
Consumer Durables
Motor Vehicles
24.5KForce Motors Income Statement
| Particulars | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 9.34B | 9.74B | 10.09B | 8.89B | 9.56B | 14.80B | 19.98B | 19.17B | 19.96B | 23.35B | 30.25B | 30.69B | 34.31B | 36.52B | 30.81B | 19.88B | 32.40B | 50.29B | 69.92B | 80.72B |
| Gross profit | -22.25M | 20.50M | -283.98M | 460.78M | 452.64M | 1.19B | 1.02B | 726.00M | 1.39B | 2.13B | 3.95B | 3.80B | 3.38B | 2.75B | 2.42B | -47.90M | 115.20M | 2.90B | 8.81B | 11.07B |
| Operating expenses (excl. COGS) | -522.72M | -1.21B | -1.18B | -3.29B | -793.68M | -1.06B | -1.27B | -1.43B | -1.47B | -1.75B | -2.09B | -2.22B | -1.79B | -1.38B | -1.54B | -1.19B | -1.34B | -1.87B | -2.31B | -2.67B |
| Selling/general/admin expenses, total | — | — | — | — | -793.48M | -1.04B | -1.22B | -1.38B | -1.39B | -1.65B | -1.47B | -2.16B | -1.75B | -1.37B | -1.52B | -1.14B | -1.32B | -1.85B | -2.29B | -2.65B |
| Research & development | -315.52M | — | — | — | 0 | 0 | 0 | -402.53M | — | — | -496.06M | -549.40M | -417.60M | -637.20M | -894.80M | -1.12B | -1.06B | -1.45B | -1.71B | -1.72B |
| Selling/general/admin expenses, other | — | — | — | — | -793.48M | -1.04B | -1.22B | -974.22M | -1.39B | -1.65B | -1.47B | -1.61B | -1.33B | -729.90M | -629.60M | -18.30M | -262.60M | -405.30M | -582.70M | -929.30M |
| Other operating expenses, total | -522.72M | -1.21B | -1.18B | -3.29B | -200.37K | -18.44M | -43.92M | -52.55M | -80.02M | -105.75M | -624.10M | -61.10M | -40.10M | -17.00M | -17.60M | -53.10M | -19.90M | -19.70M | -22.60M | -19.80M |
| Operating income | -860.49M | -1.19B | -1.47B | -2.83B | -341.04M | 129.24M | -246.30M | -703.31M | -82.10M | 380.26M | 1.86B | 1.59B | 1.59B | 1.37B | 874.10M | -1.24B | -1.23B | 1.02B | 6.50B | 8.41B |
| Non-operating income, total | 1.14B | 439.10M | -228.14M | 3.47B | 768.23M | 690.39M | 10.36B | 897.76M | 711.71M | 872.94M | 621.88M | 766.80M | 417.70M | 532.00M | -371.90M | -398.80M | 97.00M | 1.89B | -309.00M | 3.97B |
| Interest expense, net of interest capitalized | -75.16M | -229.07M | -494.38M | — | -167.80M | -227.18M | -351.53M | -82.46M | -91.82M | -65.53M | -43.20M | -47.50M | -57.20M | -145.20M | -272.90M | -280.00M | -410.40M | -684.00M | -621.40M | -258.70M |
| Interest capitalized | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30.70M | 78.20M | 51.70M | 8.30M | 0 |
| Non-operating income, excl. interest expenses | 420.65M | 719.37M | 270.85M | 3.47B | 724.92M | 923.37M | 1.12B | 984.71M | 807.03M | 943.83M | 670.60M | 804.80M | 474.90M | 677.20M | -99.00M | -118.80M | 507.40M | 3.57B | 312.40M | 4.23B |
| Non-operating interest income | 25.92M | 64.85M | 45.03M | 25.22M | 23.15M | 13.68M | 140.99M | 384.32M | 197.56M | 246.31M | 297.70M | 265.60M | 305.30M | 267.50M | 239.30M | 42.90M | 18.50M | 19.60M | 92.40M | 233.90M |
| Miscellaneous non-operating expense | 394.74M | 654.52M | 225.82M | 3.45B | 701.77M | 909.70M | 974.05M | 600.39M | 609.47M | 697.52M | 372.90M | 539.20M | 169.60M | 449.80M | -338.30M | -161.70M | 488.90M | 467.20M | 220.00M | 50.00M |
| Unusual income/expense | 793.70M | -51.20M | -4.61M | — | 211.11M | -5.80M | 9.60B | -4.49M | -3.50M | -5.37M | -5.52M | 9.50M | — | — | — | 0 | 0 | -999.90M | 0 | 0 |
| Pretax income | 278.70M | -754.86M | -1.70B | 640.21M | 427.19M | 819.63M | 10.11B | 194.45M | 629.61M | 1.25B | 2.49B | 2.35B | 2.01B | 1.90B | 502.20M | -1.64B | -1.13B | 2.91B | 6.19B | 12.38B |
| Taxes | 27.89M | 99.20M | -92.71M | -647.58M | 177.04M | -233.45M | -1.87B | -49.51M | 149.64M | -236.97M | -696.10M | -551.90M | -533.70M | -467.20M | 82.60M | 523.10M | 386.50M | -1.39B | -2.17B | -4.37B |
| Non-controlling/minority interest | -243.16K | 42.88M | 290.86M | 558.25M | 0 | 0 | 0 | -723.66K | -774.23K | -874.61K | -800.00K | -900.00K | -900.00K | -900.00K | -1.00M | -900.00K | -900.00K | -1.00M | -1.20M | -1.20M |
| After tax other income/expense | -4.17M | -1.46M | -1.72M | -1.62M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income before discontinued operations | 302.17M | -612.78M | -1.50B | 550.88M | 604.23M | 586.18M | 8.24B | 144.22M | 778.47M | 1.02B | 1.79B | 1.80B | 1.47B | 1.43B | 501.70M | -1.24B | -910.80M | 1.34B | 3.88B | 8.01B |
| Net income | 302.17M | -612.78M | -1.50B | 550.88M | 604.23M | 586.18M | 8.24B | 144.22M | 778.47M | 1.02B | 1.79B | 1.80B | 1.47B | 1.43B | 501.70M | -1.24B | -910.80M | 1.34B | 3.88B | 8.01B |
| Dilution adjustment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted net income available to common stockholders | 302.17M | -612.78M | -1.50B | 550.88M | 604.23M | 586.18M | 8.24B | 144.22M | 778.47M | 1.02B | 1.79B | 1.80B | 1.47B | 1.43B | 501.70M | -1.24B | -910.80M | 1.34B | 3.88B | 8.01B |
| Basic earnings per share (Basic EPS) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Diluted earnings per share (Diluted EPS) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | -433.70M | -751.55M | -961.89M | -2.28B | 78.92M | 577.42M | 357.27M | -1.74M | 766.28M | 1.19B | 2.77B | 2.72B | 2.88B | 2.88B | 2.82B | 494.10M | 680.30M | 3.43B | 9.17B | 11.21B |
| EBIT | -860.49M | -1.19B | -1.47B | -2.83B | -341.04M | 129.24M | -246.30M | -703.31M | -82.10M | 380.26M | 1.86B | 1.59B | 1.59B | 1.37B | 874.10M | -1.24B | -1.23B | 1.02B | 6.50B | 8.41B |
| Total operating expenses | -10.20B | -10.93B | -11.56B | -11.73B | -9.90B | -14.68B | -20.23B | -19.88B | -20.05B | -22.97B | -28.39B | -29.11B | -32.72B | -35.16B | -29.93B | -21.12B | -33.63B | -49.27B | -63.42B | -72.31B |
| Prepaid expenses | 271.68M | 465.83M | 445.70M | 119.17M | 411.70M | 502.38M | 120.01M | 176.06M | 62.84M | 123.66M | -31.40M | 81.10M | 400.00K | 400.00K | 0 | — | — | 76.40M | 25.10M | 0 |
| Deferred income, current | — | — | — | — | — | — | — | — | 441.23M | — | 1.69B | 1.16B | — | — | — | — | — | — | — | — |
| Capital and operating lease obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating lease liabilities | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Deferred tax liabilities | 266.91M | — | — | 338.23M | 88.03M | 157.30M | 360.75M | 402.58M | 402.58M | 602.53M | 817.50M | 1.21B | 1.65B | 2.09B | — | 2.56B | 3.33B | 3.51B | 3.54B | 3.56B |
| Deferred income, non-current | 0 | 0 | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — | — | — |
| Minority interest | 5.56M | 262.49M | -28.58M | -602.95M | 0 | 0 | 0 | 12.13M | 12.91M | 13.78M | 14.60M | 15.40M | 16.30M | 17.20M | 18.10M | 19.00M | 19.90M | 20.90M | 22.10M | 23.30M |
| Change in accrued expenses | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Common dividends paid | 0 | 0 | 0 | 0 | 0 | -46.25M | -76.57M | -153.14M | -46.25M | -46.25M | -237.90M | 0 | -158.60M | -158.80M | -158.90M | -131.80M | -65.90M | -131.80M | -131.80M | -263.50M |
| Preferred dividends paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
