FORCE MOTORS LIMITED — Quarter and year ended 31 March 2026 (Standalone and Consolidated; reporting date 29 April 2026)
Optional commentary: Amounts are in ₹ lakhs.
| Sr. No. | Particulars | QUARTER ENDED | YEAR ENDED |
|---|---|---|---|
| 31 March 2026 Ref. Note 1 | 31 Dec. 2025 Unaudited | ||
| 1. | Revenue from Operations | 2,54,972 | 2,12,843 |
| 2. | Other Income | 3,385 | 2,706 |
| 3. | Total Income (1+2) | 2,58,357 | 2,15,549 |
| 4. | Expenses | ||
| (a) | Cost of Materials consumed | 1,67,717 | 1,49,054 |
| (b) | Changes in inventories of finished goods and work-in-progress | 11,762 | (881) |
| (c) | Employee benefits expense | 18,149 | 16,745 |
| (d) | Finance costs | 274 | 16 |
| (e) | Depreciation and amortization expense | 7,203 | 7,272 |
| (f) | Other expenses | 19,888 | 14,056 |
| (g) | Expenses capitalized | (3,966) | (3,519) |
| Total Expenses | 2,21,027 | 1,82,743 | |
| 5. | Profit / (Loss) before exceptional items and tax (3-4) | 37,330 | 32,806 |
| 6. | Exceptional Items (Net) (Ref. Note 2) | – | 21,124 |
| 7. | Profit / (Loss) Before Tax (5+6) | 37,330 | 53,930 |
| 8. | Tax expense (Ref. Note 3) | ||
| (a) | Current tax | 9,347 | 15,302 |
| (b) | Deferred tax | 613 | (1,658) |
| (c) | Taxation in respect of earlier years | 3 | – |
| Total tax expense | 9,963 | 13,644 | |
| 9. | Net Profit / (Loss) for the period (7-8) | 27,367 | 40,286 |
| 10. | Other Comprehensive Income | ||
| Items that will not be reclassified to profit or loss (Net of income tax) | 229 | 109 | |
| 11. | Total Comprehensive Income for the period (9+10) | 27,596 | 40,395 |
| 12. | Paid-up equity share capital (Face value of ₹10 per Share) | 1,318 | 1,318 |
| 13. | Other Equity | – | – |
| 14. | Basic and Diluted Earnings Per Share (not annualised) (in ₹) | 207.70 | 305.75 |
| Particulars | Year Ended 31 March 2026 (Audited) | Year Ended 31 March 2025 (Audited) |
|---|---|---|
| I. ASSETS | ||
| 1. Non-current assets | ||
| (a) Property, plant and equipment | 1,47,346 | 1,52,366 |
| (b) Capital work-in-progress | 23,572 | 9,254 |
| (c) Investment property | 1,321 | 651 |
| (d) Other intangible assets | 43,467 | 43,876 |
| (e) Intangible assets under development | 30,068 | 19,469 |
| (f) Financial assets | ||
| – i) Investments | 17,300 | 17,794 |
| – ii) Other Financial Assets | 1,374 | 11,453 |
| (g) Other Non-current assets | 13,610 | 7,979 |
| Total Non-current assets | 2,78,058 | 2,62,842 |
| 2. Current assets | ||
| (a) Inventories | 1,25,801 | 1,18,376 |
| (b) Financial assets | ||
| – i) Trade Receivables | 19,115 | 17,434 |
| – ii) Cash and cash equivalents | 82,328 | 49,980 |
| – iii) Bank balance other than (ii) above | 117 | 86 |
| – iv) Loans and Advances | 51 | 24 |
| – v) Other Financial Assets | 1,41,228 | 58,218 |
| (c) Current Tax Assets (Net) | 3,439 | 952 |
| (d) Other Current Assets | 10,350 | 12,272 |
| Total Current Assets | 3,82,429 | 2,57,342 |
| TOTAL ASSETS | 6,60,487 | 5,20,184 |
| Particulars | Year Ended 31 March 2026 (Audited) | Year Ended 31 March 2025 (Audited) |
|---|---|---|
| II. EQUITY AND LIABILITIES | ||
| 1. Equity | ||
| (a) Equity Share Capital | 1,318 | 1,318 |
| (b) Other Equity | 4,25,095 | 3,09,044 |
| Total equity | 4,26,413 | 3,10,362 |
| 2. Liabilities | ||
| Non-current liabilities | ||
| (a) Financial liabilities | ||
| – i) Borrowings | – | 134 |
| – ii) Other Financial Liabilities | 169 | 170 |
| (b) Deferred Tax Liabilities (Net) | 22,762 | 32,489 |
| (c) Other Non-current Liabilities | 544 | 416 |
| (d) Provisions | 6,177 | 4,089 |
| Total Non-current Liabilities | 29,652 | 37,298 |
| Current liabilities | ||
| (a) Financial Liabilities | ||
| – i) Borrowings | – | 1,609 |
| – ii) Trade payables | ||
| — Total outstanding dues of Micro and Small enterprises | 4,781 | 3,208 |
| — Total outstanding dues other than Micro and Small enterprises | 99,251 | 75,151 |
| – iii) Other Financial Liabilities | 3,765 | 2,553 |
| (b) Other Current Liabilities | 65,415 | 66,858 |
| (c) Provisions | 31,210 | 23,145 |
| Total Current Liabilities | 2,04,422 | 1,72,524 |
| Total Liabilities | 2,34,074 | 2,09,822 |
| TOTAL EQUITY AND LIABILITIES | 6,60,487 | 5,20,184 |
| Particulars | Year Ended 31 March 2026 (Audited) | Year Ended 31 March 2025 (Audited) |
|---|---|---|
| A. Cash flow from Operating Activities | ||
| Profit / (Loss) before tax | 1,51,509 | 1,23,724 |
| Adjustments for | ||
| Depreciation and Amortization expense | 28,599 | 28,024 |
| Net exchange differences (unrealised) | 60 | 59 |
| Interest Income | (7,752) | (2,261) |
| Dividend Income on Equity Securities | (38) | (35) |
| Loss / (Gain) on disposal of Property, Plant and Equipment | (103) | 548 |
| Finance Costs | 326 | 2,587 |
| Profit on sale of Investment | -* | – |
| Inventory write down | 12 | 1,260 |
| Operating Profit before Working Capital adjustments | 1,72,613 | 1,53,906 |
| Working Capital adjustments | ||
| (Increase)/Decrease in | ||
| Trade Receivables | (1,642) | (7,042) |
| Inventories | (7,437) | (3,317) |
| Other Financial Assets | (28,849) | 10,050 |
| Other Non-financial Assets | 1,923 | (101) |
| Trade Payables | 25,571 | (7,055) |
| Financial Liabilities | 561 | (3) |
| Non-financial Liabilities | (1,315) | 25,802 |
| Provisions | 10,967 | 4,356 |
| Cash generated from Operations | 1,72,392 | 1,76,596 |
| Income Tax (paid) / Refund (Net) | (42,722) | (21,984) |
| Net Cash flow from / (used in) Operating Activities | 1,29,670 | 1,54,612 |
| B. Cash flow from Investing Activities | ||
| Payments for Property, Plant and Equipment and Intangible Assets | (53,962) | (36,690) |
| Proceeds from sale of Property, Plant and Equipment and Intangible Assets | 328 | 185 |
| Deposits – Financial Institutions / Banks | (40,000) | (57,500) |
| Interest received | 3,612 | 1,616 |
| Investments | -* | (269) |
| Dividend received | 38 | 35 |
| Net cash flow from / (used in) Investing Activities | (89,984) | (92,623) |
| C. Cash flow from Financing Activities | ||
| Proceeds from/Repayment of borrowings (Net) | (1,743) | (50,766) |
| Interest paid | (327) | (2,783) |
| Dividend paid | (5,270) | (2,635) |
| Net Cash flow from / (used in) Financing Activities | (7,340) | (56,184) |
| Net Increase/(Decrease) in Cash and Cash equivalents | 32,346 | 5,805 |
| Cash and Cash equivalents at beginning of the financial year | 49,980 | 44,175 |
| Cash and Cash equivalents at end of the financial year | 82,326 | 49,980 |
| Cash and Cash equivalents | 82,328 | 49,980 |
| Effects of exchange rate fluctuations on Cash and Cash equivalents held | (2) | – |
Optional commentary: Amounts are in ₹ lakhs.
| Sr. No. | Particulars | QUARTER ENDED | YEAR ENDED |
|---|---|---|---|
| 31 March 2026 (Ref. Note 1) | 31 Dec. 2025 (Unaudited) | ||
| 1. | Revenue from Operations | 2,54,984 | 2,12,856 |
| 2. | Other Income | 3,385 | 2,706 |
| 3. | Total Income (1+2) | 2,58,369 | 2,15,562 |
| 4. | Expenses | ||
| (a) | Cost of Materials consumed | 1,67,717 | 1,49,054 |
| (b) | Changes in inventories of finished goods and work-in-progress | 11,762 | (881) |
| (c) | Employee benefits expense | 18,149 | 16,745 |
| (d) | Finance costs | 274 | 16 |
| (e) | Depreciation and amortization expense | 7,203 | 7,272 |
| (f) | Other expenses | 19,888 | 14,056 |
| (g) | Expenses capitalized | (3,966) | (3,519) |
| Total Expenses | 2,21,027 | 1,82,743 | |
| 5. | Profit / (Loss) before share of Profit / (Loss) of Joint Venture and exceptional items (3-4) | 37,342 | 32,819 |