₹18750.0
-0.79% today
· 30d +10.95%
as of 2026-11-09
Price · Daily Candles
“Force Motors: Sales momentum strong, but Q4 profit dips amid rising costs.”
Force Motors posted robust annual revenue growth of 12.21% and net profit surge of 51.31% for FY26. However, Q4 FY26 net profit declined significantly by 35.93% YoY to ₹279 Cr despite an 8.23% increase in revenue. Profitability is strong, with an annual profit margin of 13.38% and a high ROCE of 36.0%.
BULL CASE
+Annual revenue for FY26 grew 12.21% YoY to ₹9057 Cr.
+Annual net profit for FY26 surged 51.31% YoY to ₹1212 Cr.
+The company boasts a strong ROCE of 36.0% and an annual profit margin of 13.38%.
+FIIs increased their stake by 0.47% QoQ to 10.93% in Q4 FY26.
BEAR CASE
−Q4 FY26 net profit saw a 35.93% YoY decline to ₹279 Cr.
−The stock is down 21.42% over the last 3 months and 25.02% from its 52-week high.
−The ML model predicts weak sales growth (sales_1y_recent_2y rank: 0.661 is neutral) and very weak Free Cash Flow growth (fcf_1y_recent_2y rank: 0.053 is weak).
⟳ What Changed
₹ Latest Earnings · Q ending 2026-09-30
REVENUE
₹2925 Cr
+40.51% YoY
NET PROFIT
₹294 Cr
-16.19% YoY
OPM
16.06%
-2.33pp YoY
EPS
₹223.03
PE 19.09
Intrinsic value · DCF ₹7604.05 · Margin of safety -59.4% (overvalued) · FCF yield 3.07%
◇ Sector Position
Force Motors (PE 19.09, ROCE 36.0%) trades at a lower PE than peers like Maruti (PE 28.29) and Bajaj Auto (PE 27.53), while demonstrating a superior ROCE compared to Maruti (ROCE 25.07%) and M&M (ROCE 18.44%).
PEERPEROCE %
FORCEMOT19.0936.0
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒
60
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
POSITIVE
55
Valuation
CHEAP
75
Growth
STRONG
73
Profitability
HIGH
88
Technicals
NEUTRAL
58
Risk
HIGH
10
Key Stats
TTM PE
19.09
P/B
6.23
52W HIGH
₹26450.0
OFF HIGH
-29.11%
DIV YIELD
0.2%
MKT CAP
₹24708 Cr
◉ Active Signals
MACDBullish217.2491
RSI(14)Bullish65.69
⧉ Strategy Fit 🔒