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Force Motors Ltd.

Automobiles-Trucks/Lcv

Rating :
N/A

BSE: 500033 | NSE: FORCEMOT

NSE BSE
6698.20
20-Dec-2024
  • Open
  • High
  • Low
  • Previous Close
  •  6609.00
  •  6846.65
  •  6609.00
  •  6609.15
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  49911
  •  3366.94
  •  10277.85
  •  4250.10

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 8,823.09
  • 18.52
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 8,771.29
  • 0.30%
  • 3.56

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 61.63%
  • 2.23%
  • 23.73%
  • FII
  • DII
  • Others
  • 7.89%
  • 0.47%
  • 4.05%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 11.45
  • 17.81
  • 29.22

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 19.95
  • 27.58
  • 68.38

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 14.34
  • 46.06
  • -

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 14.51
  • -
  • 16.35

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 1.82
  • 1.68
  • 2.26

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 13.04
  • 14.91
  • 14.13

Earnings Forecasts:

Description
2024
2025
2026
2027
Adj EPS
294.45
455
642
P/E Ratio
23.74
15.36
10.89
Revenue
6992
9230
12275
EBITDA
908
1265
1780
Net Income
388
600
846
ROA
9.4
P/Bk Ratio
3.97
ROE
18.79
21
22.8
FCFF
748.29
FCFF Yield
8.06

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Sep 24
Sep 23
Var%
Jun 24
Jun 23
Var%
Mar 24
Mar 23
Var%
Dec 23
Dec 22
Var%
Net Sales
1,941.33
1,801.68
7.75%
1,884.90
1,487.55
26.71%
2,011.21
1,490.25
34.96%
1,691.69
1,303.86
29.74%
Expenses
1,658.71
1,576.72
5.20%
1,635.74
1,306.95
25.16%
1,732.57
1,369.52
26.51%
1,467.20
1,238.75
18.44%
EBITDA
282.62
224.96
25.63%
249.16
180.60
37.96%
278.64
120.73
130.80%
224.49
65.11
244.79%
EBIDTM
14.56%
12.49%
13.22%
12.14%
13.85%
8.10%
13.27%
4.99%
Other Income
8.57
9.06
-5.41%
14.97
11.47
30.51%
14.60
38.00
-61.58%
3.97
5.15
-22.91%
Interest
5.43
15.84
-65.72%
9.06
17.90
-49.39%
14.29
17.98
-20.52%
14.11
16.99
-16.95%
Depreciation
68.56
66.96
2.39%
69.29
63.46
9.19%
68.05
62.70
8.53%
68.28
60.22
13.38%
PBT
217.20
151.22
43.63%
185.78
110.71
67.81%
210.90
286.37
-26.35%
146.07
-6.95
-
Tax
76.43
52.88
44.53%
66.09
38.66
70.95%
74.09
137.13
-45.97%
51.23
-2.48
-
PAT
140.77
98.34
43.15%
119.69
72.05
66.12%
136.81
149.24
-8.33%
94.84
-4.47
-
PATM
7.25%
5.46%
6.35%
4.84%
6.80%
10.01%
5.61%
-0.34%
EPS
102.44
71.22
43.84%
87.78
52.02
68.74%
106.42
111.22
-4.32%
64.80
-11.83
-

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Net Sales
7,529.13
6,992.13
5,028.98
3,240.42
1,988.19
3,080.52
3,652.45
3,422.95
3,069.37
3,025.00
2,364.09
Net Sales Growth
23.77%
39.04%
55.20%
62.98%
-35.46%
-15.66%
6.70%
11.52%
1.47%
27.96%
 
Cost Of Goods Sold
5,489.20
5,124.47
3,920.17
2,619.21
1,493.71
2,222.79
2,780.46
2,557.92
2,202.35
2,172.45
1,641.04
Gross Profit
2,039.93
1,867.66
1,108.81
621.21
494.48
857.73
871.99
865.03
867.02
852.55
723.06
GP Margin
27.09%
26.71%
22.05%
19.17%
24.87%
27.84%
23.87%
25.27%
28.25%
28.18%
30.59%
Total Expenditure
6,494.22
6,083.44
4,699.17
3,173.29
1,975.09
2,811.64
3,373.67
3,155.16
2,801.27
2,750.67
2,216.72
Power & Fuel Cost
-
57.31
53.69
42.50
35.22
47.25
48.86
48.23
44.55
45.71
38.98
% Of Sales
-
0.82%
1.07%
1.31%
1.77%
1.53%
1.34%
1.41%
1.45%
1.51%
1.65%
Employee Cost
-
533.34
422.44
368.08
351.15
406.58
405.36
386.55
350.08
304.31
277.73
% Of Sales
-
7.63%
8.40%
11.36%
17.66%
13.20%
11.10%
11.29%
11.41%
10.06%
11.75%
Manufacturing Exp.
-
213.50
162.81
92.55
74.02
103.90
112.85
114.45
107.15
106.60
102.39
% Of Sales
-
3.05%
3.24%
2.86%
3.72%
3.37%
3.09%
3.34%
3.49%
3.52%
4.33%
General & Admin Exp.
-
30.25
20.47
13.50
15.60
10.63
9.44
12.55
15.53
22.05
17.82
% Of Sales
-
0.43%
0.41%
0.42%
0.78%
0.35%
0.26%
0.37%
0.51%
0.73%
0.75%
Selling & Distn. Exp.
-
78.50
56.67
38.29
23.57
50.00
51.10
48.92
63.74
59.13
79.51
% Of Sales
-
1.12%
1.13%
1.18%
1.19%
1.62%
1.40%
1.43%
2.08%
1.95%
3.36%
Miscellaneous Exp.
-
128.44
121.81
81.94
114.78
106.38
99.47
87.98
90.96
81.96
79.51
% Of Sales
-
1.84%
2.42%
2.53%
5.77%
3.45%
2.72%
2.57%
2.96%
2.71%
3.32%
EBITDA
1,034.91
908.69
329.81
67.13
13.10
268.88
278.78
267.79
268.10
274.33
147.37
EBITDA Margin
13.75%
13.00%
6.56%
2.07%
0.66%
8.73%
7.63%
7.82%
8.73%
9.07%
6.23%
Other Income
42.11
39.10
62.03
51.88
24.89
42.77
81.62
68.72
84.94
71.44
65.79
Interest
42.89
62.14
68.40
41.04
28.22
27.85
15.33
6.67
5.54
5.30
6.55
Depreciation
274.18
266.75
240.74
190.94
173.67
194.52
150.92
129.26
113.08
91.89
81.28
PBT
759.95
618.90
82.70
-112.97
-163.90
89.28
194.15
200.58
234.42
248.58
125.32
Tax
267.84
216.86
138.68
-38.65
-52.31
-8.26
46.72
53.37
55.19
69.61
23.70
Tax Rate
35.24%
35.04%
47.65%
34.21%
31.92%
-16.45%
24.06%
26.61%
23.45%
28.00%
18.91%
PAT
492.11
388.09
133.64
-91.08
-123.63
58.38
147.34
147.21
179.36
178.21
101.62
PAT before Minority Interest
491.98
388.21
133.74
-90.99
-123.54
58.48
147.43
147.21
180.18
178.97
101.62
Minority Interest
-0.13
-0.12
-0.10
-0.09
-0.09
-0.10
-0.09
0.00
-0.82
-0.76
0.00
PAT Margin
6.54%
5.55%
2.66%
-2.81%
-6.22%
1.90%
4.03%
4.30%
5.84%
5.89%
4.30%
PAT Growth
56.15%
190.40%
-
-
-
-60.38%
0.09%
-17.92%
0.65%
75.37%
 
EPS
372.81
294.01
101.24
-69.00
-93.66
44.23
111.62
111.52
135.88
135.01
76.98

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Shareholder's Funds
2,255.14
1,875.03
1,747.87
1,837.83
1,965.34
1,933.21
1,801.13
1,667.58
1,489.64
1,318.73
Share Capital
13.18
13.18
13.18
13.18
13.18
13.18
13.18
13.18
13.18
13.18
Total Reserves
2,241.96
1,861.85
1,734.69
1,824.65
1,952.16
1,920.03
1,787.95
1,654.40
1,476.46
1,305.55
Non-Current Liabilities
521.39
621.03
534.40
466.57
212.65
247.92
37.26
21.98
98.41
60.52
Secured Loans
231.77
444.97
600.55
493.78
187.50
205.63
0.00
0.00
0.00
0.00
Unsecured Loans
150.00
150.00
0.00
0.00
0.00
0.00
0.00
1.99
2.64
10.73
Long Term Provisions
32.57
28.46
26.91
29.51
30.49
30.83
26.98
25.19
22.27
19.22
Current Liabilities
1,635.95
1,509.40
1,282.61
873.60
911.12
653.13
682.95
901.34
718.19
639.03
Trade Payables
854.29
744.95
516.91
440.07
580.31
395.30
564.87
485.35
417.24
392.83
Other Current Liabilities
589.95
496.25
427.51
249.85
266.00
185.09
90.99
191.06
274.67
161.69
Short Term Borrowings
0.00
95.00
210.00
30.00
47.22
50.87
0.00
196.47
0.00
0.00
Short Term Provisions
191.71
173.20
128.19
153.68
17.59
21.87
27.09
28.46
26.28
84.51
Total Liabilities
4,414.69
4,007.55
3,566.87
3,179.90
3,090.92
2,835.98
2,522.97
2,592.44
2,307.70
2,019.66
Net Block
2,024.56
2,087.31
2,027.98
1,218.22
1,394.63
1,210.05
942.44
905.15
785.88
637.56
Gross Block
4,399.81
4,200.73
3,907.68
2,915.02
2,985.71
2,609.04
2,194.45
2,078.60
1,848.39
1,612.18
Accumulated Depreciation
2,375.25
2,113.42
1,879.70
1,696.80
1,591.08
1,398.99
1,252.01
1,173.45
1,062.51
974.63
Non Current Assets
2,368.72
2,442.38
2,539.98
2,298.11
2,063.84
1,744.61
1,396.36
1,203.72
1,083.44
977.88
Capital Work in Progress
170.85
153.67
302.15
724.85
445.07
371.80
369.17
220.26
204.60
239.76
Non Current Investment
91.03
97.34
110.77
99.90
83.42
28.92
15.75
15.06
14.06
0.34
Long Term Loans & Adv.
53.07
74.52
94.02
249.84
140.72
133.07
68.19
62.40
78.01
100.22
Other Non Current Assets
22.35
22.86
0.00
0.00
0.00
0.77
0.81
0.85
0.89
0.00
Current Assets
2,045.97
1,565.17
1,026.89
881.79
1,027.08
1,091.37
1,126.61
1,388.72
1,224.26
1,041.78
Current Investments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Inventories
1,163.19
826.55
637.13
557.82
551.52
503.56
477.10
437.67
547.51
392.55
Sundry Debtors
104.06
196.84
189.38
125.99
168.72
166.52
241.91
115.10
150.40
108.68
Cash & Bank
448.76
141.34
74.81
36.98
68.60
5.22
42.69
235.71
318.62
306.79
Other Current Assets
329.96
260.30
9.52
0.15
238.24
416.07
364.91
600.24
207.73
233.76
Short Term Loans & Adv.
125.36
140.14
116.05
160.85
230.88
408.97
363.51
585.65
192.47
229.45
Net Current Assets
410.02
55.77
-255.72
8.19
115.96
438.24
443.66
487.38
506.07
402.75
Total Assets
4,414.69
4,007.55
3,566.87
3,179.90
3,090.92
2,835.98
2,522.97
2,592.44
2,307.70
2,019.66

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Cash From Operating Activity
1,014.45
531.74
18.42
7.34
409.19
314.03
256.48
470.64
255.72
226.21
PBT
605.07
272.42
-129.64
-175.85
42.01
190.14
200.58
235.37
248.58
125.32
Adjustment
337.19
454.03
245.59
231.44
212.74
150.56
118.36
96.06
72.55
68.31
Changes in Working Capital
224.09
-191.28
-99.92
-45.50
170.78
20.58
-34.63
199.59
-27.52
65.11
Cash after chg. in Working capital
1,166.35
535.17
16.03
10.09
425.53
361.28
284.31
531.02
293.61
258.75
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-151.90
-3.43
2.39
-2.75
-16.34
-47.25
-27.83
-60.38
-37.89
-32.53
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-197.50
-256.47
-355.74
-332.63
-327.39
-605.58
-80.59
-620.78
-210.01
-96.23
Net Fixed Assets
-216.26
-144.57
-569.96
-209.09
-449.93
-417.23
-264.76
-245.87
-201.04
-112.07
Net Investments
-7.49
-5.11
-27.48
-28.93
-63.41
-17.34
-0.68
-1.00
-13.72
0.00
Others
26.25
-106.79
241.70
-94.61
185.95
-171.01
184.85
-373.91
4.75
15.84
Cash from Financing Activity
-509.19
-206.85
374.77
293.45
-19.73
256.26
-222.88
180.17
-37.13
-44.56
Net Cash Inflow / Outflow
307.76
68.42
37.45
-31.84
62.07
-35.29
-46.99
30.03
8.58
85.43
Opening Cash & Equivalents
140.39
71.97
34.52
66.36
4.29
39.58
86.57
56.54
47.96
214.37
Closing Cash & Equivalent
448.15
140.39
71.97
34.72
66.36
4.29
39.58
86.57
56.54
299.80

Financial Ratios

Consolidated /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Book Value (Rs.)
1711.03
1422.63
1326.15
1394.41
1491.15
1466.78
1366.56
1265.24
1130.23
1000.83
ROA
9.22%
3.53%
-2.70%
-3.94%
1.97%
5.50%
5.76%
7.36%
8.27%
5.06%
ROE
18.80%
7.38%
-5.08%
-6.50%
3.00%
7.90%
8.49%
11.41%
12.75%
7.98%
ROCE
23.79%
12.07%
-3.35%
-6.21%
3.47%
10.42%
11.30%
14.29%
17.92%
10.23%
Fixed Asset Turnover
1.63
1.24
0.95
0.67
1.10
1.52
1.65
1.78
2.00
1.68
Receivable days
7.85
14.02
17.76
27.05
19.86
20.41
18.49
13.86
13.70
16.86
Inventory Days
51.93
53.12
67.30
101.83
62.51
49.00
47.38
51.44
49.69
53.23
Payable days
56.95
58.74
66.68
124.67
60.23
49.12
57.34
58.55
51.70
56.46
Cash Conversion Cycle
2.83
8.39
18.38
4.21
22.14
20.29
8.53
6.76
11.68
13.62
Total Debt/Equity
0.23
0.51
0.61
0.35
0.16
0.15
0.00
0.12
0.01
0.01
Interest Cover
10.74
4.98
-2.16
-5.23
2.80
13.66
31.07
43.49
47.90
20.12

Annual Reports:

FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016
FY 2015

News Update:


  • Force Motors reports marginal rise in total sales during November 2024
    5th Dec 2024, 12:12 PM

    The company’s domestic sales for SCV, LCV, UV and SUV stood at 1,736 units in November 2024

    Read More
  • Force Motors’ Q2 consolidated net profit rises 44% to Rs 135.05 crore
    30th Oct 2024, 11:13 AM

    Consolidated total income of the company increased by 7.69% at Rs 1,949.90 crore for Q2FY25

    Read More
  • Force Motors - Quarterly Results
    29th Oct 2024, 17:37 PM

    Read More
  • Force Motors reports 7.20% fall in total sales during September 2024
    5th Oct 2024, 11:15 AM

    The company’s domestic sales for SCV, LCV and UV stood at 2,449 units in September 2024

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.