Cessation of Mr. Manoj Patil as Senior Management Personnel of the Company
Resignation of Senior Management Personnel
Monthly Business Update for the month of May, 2026 by Force Motors Limited.
Annual Secretarial Compliance Report for the Financial Year ended on 31st March, 2026
Submission of monthly sales data for the month of April, 2026
Announcement under Regulation 30 (LODR)- Press Release- New Product Launch.
Announcement under Regulation 30 (LODR)-Updates-New Product Launch
Newspaper Publication of Audited Standalone and Consolidated financial results of the Company for the quarter and year ended on 31.03.2026.
Dividend updates FY 2025-26
Outcome of Board Meeting - Financial Results and Dividend Updates.
| Particulars | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 1,490.15 | 1,487.44 | 1,801.57 | 1,691.56 | 2,011.08 | 1,941.20 | 1,889.36 | 2,355.89 | 2,297.12 | 2,081.27 | 2,128.43 | 2,549.72 |
| YOY Revenue Growth % | 69.07% | 53.23% | 42.53% | 29.74% | 34.96% | 30.51% | 4.87% | 39.27% | 14.22% | 7.22% | 12.65% | 8.23% |
| Other Income | 38.00 | 11.47 | 9.06 | 3.97 | 14.60 | 8.57 | 14.89 | 18.13 | 25.06 | 24.49 | 27.06 | 33.85 |
| Total Income | 1,528.15 | 1,498.91 | 1,810.63 | 1,695.53 | 2,025.68 | 1,949.77 | 1,904.25 | 2,374.02 | 2,322.18 | 2,105.76 | 2,155.49 | 2,583.57 |
| Total Expenses + | 1,450.20 | 1,388.31 | 1,659.52 | 1,549.59 | 1,814.91 | 1,732.70 | 1,732.42 | 2,105.91 | 2,035.64 | 1,789.81 | 1,827.43 | 2,210.27 |
| Cost of Materials Consumed | 1,079.19 | 1,097.89 | 1,398.87 | 1,274.44 | 1,460.30 | 1,398.55 | 1,505.73 | 1,630.72 | 1,706.63 | 1,552.86 | 1,490.54 | 1,677.17 |
| Employee Benefit Expense | 133.23 | 119.56 | 124.08 | 129.39 | 160.32 | 129.76 | 131.49 | 191.50 | 166.45 | 170.92 | 167.45 | 181.49 |
| Other Expenses | 93.06 | 91.52 | 100.86 | 111.72 | 121.52 | 102.45 | 108.73 | 118.11 | 114.28 | 104.03 | 105.37 | 159.22 |
| Operating Profit | 39.95 | 99.13 | 142.05 | 141.97 | 196.17 | 208.50 | 156.94 | 249.98 | 261.48 | 291.46 | 301.00 | 339.45 |
| OPM % | 2.7% | 6.7% | 7.9% | 8.4% | 9.8% | 10.7% | 8.3% | 10.6% | 11.4% | 14% | 14.1% | 13.3% |
| Profit Before Tax + | 286.27 | 110.60 | 151.11 | 145.94 | 210.77 | 217.07 | 171.83 | 662.68 | 286.54 | 315.95 | 539.30 | 373.30 |
| Tax Expense | 137.11 | 38.63 | 52.85 | 51.20 | 74.06 | 76.39 | 61.77 | 233.04 | 101.32 | -33.56 | 136.44 | 99.63 |
| Tax % | 47.9% | 34.9% | 35% | 35.1% | 35.1% | 35.2% | 35.9% | 35.2% | 35.4% | -10.6% | 25.3% | 26.7% |
| Profit After Tax | 149.16 | 71.97 | 98.26 | 94.74 | 136.71 | 140.68 | 110.06 | 429.64 | 185.22 | 349.51 | 402.86 | 273.67 |
| EPS (Basic) | 113.21 | 54.62 | 74.57 | 71.91 | 103.76 | 106.77 | 83.53 | 326.07 | 140.57 | 265.26 | 305.75 | 207.70 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Revenue from Operations | 9,056.54 | 8,071.23 | 6,991.65 | 5,028.59 | 3,240.04 |
| YOY Revenue Growth % | 12.21% | 15.44% | 39.04% | 55.2% | - |
| Other Income | 110.46 | 56.56 | 39.10 | 62.03 | 51.88 |
| Total Income | 9,167.00 | 8,127.79 | 7,030.75 | 5,090.62 | 3,291.92 |
| Total Expenses + | 7,863.15 | 7,285.12 | 6,412.33 | 5,008.31 | 3,405.27 |
| Cost of Materials Consumed | 6,427.20 | 5,958.64 | 5,231.50 | 3,928.05 | 2,581.43 |
| Employee Benefit Expense | 686.31 | 591.89 | 533.35 | 422.44 | 368.08 |
| Other Expenses | 482.90 | 440.01 | 425.62 | 356.56 | 186.00 |
| Operating Profit | 1,193.39 | 786.11 | 579.32 | 20.28 | -165.23 |
| OPM % | 13.2% | 9.7% | 8.3% | 0.4% | -5.1% |
| Profit Before Exceptional | 1,303.85 | 842.67 | 618.42 | 82.31 | -113.35 |
| Exceptional Items | 211.24 | 394.57 | 0.00 | 208.32 | 0.00 |
| Profit Before Tax + | 1,515.09 | 1,237.24 | 618.42 | 290.63 | -113.35 |
| Tax Expense | 303.83 | 437.27 | 216.74 | 138.58 | -38.75 |
| Tax % | 20.1% | 35.3% | 35% | 47.7% | - |
| Profit After Tax | 1,211.26 | 799.97 | 401.68 | 152.05 | -74.60 |
| EPS (Basic) | 919.28 | 607.13 | 304.86 | 115.40 | -56.62 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| ASSETS | |||||
| Non-Current Assets + | 2,780.58 | 2,628.42 | 2,444.07 | 2,509.78 | 2,677.07 |
| Property, Plant & Equipment | 1,473.46 | 1,523.66 | 1,571.10 | 1,604.24 | 1,568.85 |
| Capital Work in Progress | 235.72 | 92.54 | 25.79 | 38.66 | 155.65 |
| Non-Current Investments | 173.00 | 177.94 | 166.39 | 158.90 | 153.79 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 434.67 | 438.76 | 453.45 | 483.06 | 459.12 |
| Current Assets + | 3,824.29 | 2,573.42 | 2,039.39 | 1,558.94 | 1,020.94 |
| Inventories | 1,258.01 | 1,183.76 | 1,163.19 | 826.55 | 637.13 |
| Trade Receivables | 191.15 | 174.34 | 104.06 | 196.84 | 189.38 |
| Cash and Cash Equivalents | 823.28 | 499.80 | 441.76 | 137.23 | 69.75 |
| Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | |||||
| Total Equity | 4,264.13 | 3,103.62 | 2,326.12 | 1,932.45 | 1,786.94 |
| Equity Share Capital | 13.18 | 13.18 | 13.18 | 13.18 | 13.18 |
| Other Equity | 4,250.95 | 3,090.44 | 2,312.94 | 1,919.27 | 1,773.76 |
| Non-Current Liabilities | 296.52 | 372.98 | 521.39 | 626.88 | 628.48 |
| Current Liabilities | 2,044.22 | 1,725.24 | 1,635.95 | 1,509.39 | 1,282.59 |
| Total Liabilities | 2,340.74 | 2,098.22 | 2,157.34 | 2,136.27 | 1,911.07 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Cash from Operating Activities | 1,296.70 | 971.12 | 1,011.19 | 531.46 | 18.16 |
| Cash from Investing Activities | -899.84 | -351.23 | -197.50 | -256.47 | -363.56 |
| Cash from Financing Activities | -73.40 | -561.84 | -509.19 | -206.85 | 382.59 |
| Net Increase/Decrease in Cash | 323.48 | 58.05 | 304.51 | 68.12 | 37.83 |