Force Motors Limited

NSEI:FORCEMOT Stock Report

Market Cap: ₹94.8b

Force Motors Management

Management criteria checks 2/4

Force Motors' CEO is Prasan Singh Firodia, appointed in Nov 2009, has a tenure of 14.92 years. total yearly compensation is ₹167.11M, comprised of 8.9% salary and 91.1% bonuses, including company stock and options. directly owns 1.68% of the company’s shares, worth ₹1.59B. The average tenure of the management team and the board of directors is 9.1 years and 5.7 years respectively.

Key information

Prasan Singh Firodia

Chief executive officer

₹167.1m

Total compensation

CEO salary percentage8.9%
CEO tenure14.9yrs
CEO ownership1.7%
Management average tenure9.1yrs
Board average tenure5.7yrs

Recent management updates

Recent updates

We Think Force Motors (NSE:FORCEMOT) Can Manage Its Debt With Ease

Sep 28
We Think Force Motors (NSE:FORCEMOT) Can Manage Its Debt With Ease

Force Motors Limited's (NSE:FORCEMOT) Prospects Need A Boost To Lift Shares

Sep 07
Force Motors Limited's (NSE:FORCEMOT) Prospects Need A Boost To Lift Shares

Returns on Capital Paint A Bright Future For Force Motors (NSE:FORCEMOT)

Jul 02
Returns on Capital Paint A Bright Future For Force Motors (NSE:FORCEMOT)

Further Upside For Force Motors Limited (NSE:FORCEMOT) Shares Could Introduce Price Risks After 48% Bounce

Mar 16
Further Upside For Force Motors Limited (NSE:FORCEMOT) Shares Could Introduce Price Risks After 48% Bounce

We Like These Underlying Return On Capital Trends At Force Motors (NSE:FORCEMOT)

Oct 26
We Like These Underlying Return On Capital Trends At Force Motors (NSE:FORCEMOT)

We Think Force Motors (NSE:FORCEMOT) Can Stay On Top Of Its Debt

Jun 28
We Think Force Motors (NSE:FORCEMOT) Can Stay On Top Of Its Debt

There Are Reasons To Feel Uneasy About Force Motors' (NSE:FORCEMOT) Returns On Capital

May 31
There Are Reasons To Feel Uneasy About Force Motors' (NSE:FORCEMOT) Returns On Capital

Does Force Motors (NSE:FORCEMOT) Have A Healthy Balance Sheet?

Feb 14
Does Force Motors (NSE:FORCEMOT) Have A Healthy Balance Sheet?

This Is Why We Think Force Motors Limited's (NSE:FORCEMOT) CEO Might Get A Pay Rise Approved By Shareholders

Sep 22
This Is Why We Think Force Motors Limited's (NSE:FORCEMOT) CEO Might Get A Pay Rise Approved By Shareholders

Force Motors (NSE:FORCEMOT) Is Increasing Its Dividend To ₹10.00

Sep 12
Force Motors (NSE:FORCEMOT) Is Increasing Its Dividend To ₹10.00

Force Motors (NSE:FORCEMOT) Will Pay A Larger Dividend Than Last Year At ₹10.00

Aug 29
Force Motors (NSE:FORCEMOT) Will Pay A Larger Dividend Than Last Year At ₹10.00

Does Force Motors (NSE:FORCEMOT) Have A Healthy Balance Sheet?

Aug 21
Does Force Motors (NSE:FORCEMOT) Have A Healthy Balance Sheet?

Force Motors' (NSE:FORCEMOT) Dividend Is Being Reduced To ₹5.00

Sep 06
Force Motors' (NSE:FORCEMOT) Dividend Is Being Reduced To ₹5.00

Can You Imagine How Force Motors' (NSE:FORCEMOT) Shareholders Feel About The 12% Share Price Increase?

Feb 24
Can You Imagine How Force Motors' (NSE:FORCEMOT) Shareholders Feel About The 12% Share Price Increase?

Force Motors (NSE:FORCEMOT) Is Carrying A Fair Bit Of Debt

Jan 28
Force Motors (NSE:FORCEMOT) Is Carrying A Fair Bit Of Debt

Does Force Motors Limited (NSE:FORCEMOT) Have A Place In Your Dividend Stock Portfolio?

Dec 24
Does Force Motors Limited (NSE:FORCEMOT) Have A Place In Your Dividend Stock Portfolio?

How Much Of Force Motors Limited (NSE:FORCEMOT) Do Institutions Own?

Nov 28
How Much Of Force Motors Limited (NSE:FORCEMOT) Do Institutions Own?

Reflecting on Force Motors' (NSE:FORCEMOT) Share Price Returns Over The Last Year

Nov 02
Reflecting on Force Motors' (NSE:FORCEMOT) Share Price Returns Over The Last Year

Should You Buy Force Motors Limited (NSE:FORCEMOT) For Its 0.9% Dividend?

Sep 22
Should You Buy Force Motors Limited (NSE:FORCEMOT) For Its 0.9% Dividend?

Here's Why Force Motors (NSE:FORCEMOT) Can Afford Some Debt

Aug 23
Here's Why Force Motors (NSE:FORCEMOT) Can Afford Some Debt

Force Motors Limited's (NSE:FORCEMOT) Share Price Not Quite Adding Up

Jul 19
Force Motors Limited's (NSE:FORCEMOT) Share Price Not Quite Adding Up

Force Motors Limited (NSE:FORCEMOT) Might Not Be A Great Investment

Jun 22
Force Motors Limited (NSE:FORCEMOT) Might Not Be A Great Investment

CEO Compensation Analysis

How has Prasan Singh Firodia's remuneration changed compared to Force Motors's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

₹4b

Mar 31 2024₹167m₹15m

₹4b

Dec 31 2023n/an/a

₹4b

Sep 30 2023n/an/a

₹3b

Jun 30 2023n/an/a

₹2b

Mar 31 2023₹45m₹14m

₹1b

Dec 31 2022n/an/a

-₹557m

Sep 30 2022n/an/a

-₹830m

Jun 30 2022n/an/a

-₹1b

Mar 31 2022₹9m₹7m

-₹911m

Dec 31 2021n/an/a

-₹1b

Sep 30 2021n/an/a

-₹781m

Jun 30 2021n/an/a

-₹630m

Mar 31 2021₹6m₹4m

-₹1b

Dec 31 2020n/an/a

-₹639m

Sep 30 2020n/an/a

-₹311m

Jun 30 2020n/an/a

-₹410m

Mar 31 2020₹42m₹12m

₹502m

Dec 31 2019n/an/a

₹808m

Sep 30 2019n/an/a

₹930m

Jun 30 2019n/an/a

₹1b

Mar 31 2019₹50m₹12m

₹1b

Mar 31 2018₹17m₹12m

₹1b

Compensation vs Market: Prasan Singh's total compensation ($USD1.99M) is above average for companies of similar size in the Indian market ($USD364.77K).

Compensation vs Earnings: Prasan Singh's compensation has increased by more than 20% in the past year.

CEO

Prasan Singh Firodia (45 yo)

14.9yrs

Tenure

₹167,113,285

Compensation

Mr. Prasan Singh Abhaykumar Firodia is Independent Director at Sona Comstar Edrive Private Limited since January 27, 2021. Mr. Firodia is Non-Executive & Independent Director of Sona BLW Precision Forgings...

Leadership Team

NamePositionTenureCompensationOwnership
Abhaykumar Firodia
Chairman22.3yrsno data2.01%
₹ 1.9b
Prasan Singh Firodia
MD & Director14.9yrs₹167.11m1.68%
₹ 1.6b
Prashant Inamdar
Executive Director of Operations & Executive Director9.1yrs₹28.75mno data
Sanjay Bohra
Group Chief Financial Officerno data₹16.61mno data
Nikhil Deshpande
Company Secretary & Compliance Officer1.4yrsno datano data

9.1yrs

Average Tenure

60yo

Average Age

Experienced Management: FORCEMOT's management team is seasoned and experienced (9.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Abhaykumar Firodia
Chairman22.3yrsno data2.01%
₹ 1.9b
Prasan Singh Firodia
MD & Director18.1yrs₹167.11m1.68%
₹ 1.6b
Prashant Inamdar
Executive Director of Operations & Executive Director9.8yrs₹28.75mno data
Sonia Prashar
Additional Non-Executive Independent Director2.1yrs₹1.15mno data
Dattatray Shekatkar
Non-Executive Independent Director5.7yrs₹1.25mno data
Vallabh Bhanshali
Independent Director2.2yrs₹2.35mno data
Mukesh Patel
Independent Director2.2yrs₹2.80mno data

5.7yrs

Average Tenure

70yo

Average Age

Experienced Board: FORCEMOT's board of directors are considered experienced (5.7 years average tenure).