Force Motors Limited

NSEI:FORCEMOT Stock Report

Market Cap: ₹86.7b

Force Motors Past Earnings Performance

Past criteria checks 5/6

Force Motors has been growing earnings at an average annual rate of 55.1%, while the Machinery industry saw earnings growing at 27.8% annually. Revenues have been growing at an average rate of 24.4% per year. Force Motors's return on equity is 18.6%, and it has net margins of 6.3%.

Key information

55.1%

Earnings growth rate

55.1%

EPS growth rate

Machinery Industry Growth21.0%
Revenue growth rate24.4%
Return on equity18.6%
Net Margin6.3%
Last Earnings Update30 Sep 2024

Recent past performance updates

Force Motors' (NSE:FORCEMOT) Performance Is Even Better Than Its Earnings Suggest

Nov 06
Force Motors' (NSE:FORCEMOT) Performance Is Even Better Than Its Earnings Suggest

Recent updates

We Think Force Motors (NSE:FORCEMOT) Might Have The DNA Of A Multi-Bagger

Nov 27
We Think Force Motors (NSE:FORCEMOT) Might Have The DNA Of A Multi-Bagger

Force Motors' (NSE:FORCEMOT) Performance Is Even Better Than Its Earnings Suggest

Nov 06
Force Motors' (NSE:FORCEMOT) Performance Is Even Better Than Its Earnings Suggest

With EPS Growth And More, Force Motors (NSE:FORCEMOT) Makes An Interesting Case

Oct 23
With EPS Growth And More, Force Motors (NSE:FORCEMOT) Makes An Interesting Case

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

Revenue & Expenses Breakdown

How Force Motors makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:FORCEMOT Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2475,2914,7645,9700
30 Jun 2473,8954,3525,5290
31 Mar 2469,9213,8815,7180
31 Dec 2364,7123,9445,3020
30 Sep 2360,8332,9345,0210
30 Jun 2355,4572,1884,4960
31 Mar 2350,2901,3364,4640
31 Dec 2244,448-5574,1110
30 Sep 2239,188-8304,0290
30 Jun 2236,198-1,0333,8250
31 Mar 2232,404-9113,8370
31 Dec 2130,097-1,0203,9420
30 Sep 2127,181-7813,8590
30 Jun 2124,814-6303,6210
31 Mar 2120,007-1,2363,6280
31 Dec 2020,144-6393,5960
30 Sep 2023,850-3113,7600
30 Jun 2024,634-4103,7600
31 Mar 2030,9345024,3290
31 Dec 1935,0828084,6570
30 Sep 1934,6289304,5960
30 Jun 1935,6581,2854,2370
31 Mar 1936,7321,4334,2640
31 Mar 1834,4131,4714,0810
31 Mar 1731,0081,8013,9110
31 Mar 1630,5111,7893,3980
31 Mar 1523,8481,0153,3240
31 Mar 1420,5117783,0410

Quality Earnings: FORCEMOT has high quality earnings.

Growing Profit Margin: FORCEMOT's current net profit margins (6.3%) are higher than last year (4.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: FORCEMOT's earnings have grown significantly by 55.1% per year over the past 5 years.

Accelerating Growth: FORCEMOT's earnings growth over the past year (62.3%) exceeds its 5-year average (55.1% per year).

Earnings vs Industry: FORCEMOT earnings growth over the past year (62.3%) exceeded the Machinery industry 25.1%.


Return on Equity

High ROE: FORCEMOT's Return on Equity (18.6%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 18:36
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Force Motors Limited is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Twinkle GosarAngel Broking Private Limited
null nullDolat Capital Market Pvt. Ltd.
Harini V.FirstCall Research