Force Motors Limited

Overview

Force Motors Limited (Force Motors) is a vertically integrated automobile company, designs, develops and manufactures automotive components, aggregates and vehicles. Force Motors's product range includes small commercial vehicles, multi-utility vehicles (MUV), light commercial vehicles (LCV), sports utility vehicles (SUV), agricultural tractors and other products related to automobile industry such as diesel engines. Its offerings include Trax Cruiser, Trax Kargo King, Trax Toofan, Trax Ambulance and Trax Delivery Van, Balwan 550 and Orchard Mini. Force Motors also provides transport solutions. The company operates in the Middle East, Asia, Latin America and Africa. Force Motors is headquartered in Pune, Maharashtra, India.
Key Stats
Address
Bombay Pune Road, Akurdi, PUNE, India
Headquarters

India

Contact

91 20 27476381

Industry

Automotive

Ticker Symbol & Exchange​

FORCEMOT [NSE]

Revenue (2021)

$269 m

-35.5% (2021 vs 2020)
Net Income (2021)

$-17 m

-350.4% (2021 vs 2020)
Net Profit Margin

-6 %

-481.6% (2021 vs 2020)
Market Cap *

$253 m

EPS *

$-1.3

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Force Motors LimitedTata Motors LtdMaruti Suzuki India LtdAshok Leyland Ltd
Key Information
Headquarters India India India India
Headquarter City PUNE MUMBAI New Delhi CHENNAI
Headquarter State/Province - - - -
No. of Employees - 75,278 16,025 10,758
Entity Type Public Public Public Public

Products & Services

Force Motors is a manufacturer of automotive components, aggregates and vehicles. The company's major products and brands include the following:

Products
  • Small Commercial Vehicles
  • Multi Utility Vehicles
  • Light Commercial Vehicles
  • Vitae Eget Libero
  • Vitae Eget Libero
Brands
  • Trump 40
  • Trump 40 Hi-Deck
  • Trump 40 CNG Hi-Deck
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Abhaykumar Firodia Chairman Executive Board - - Dr. Abhaykumar Firodia serves as the Chairman at Force Motors. He has been a Director at the company since 1975....
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History

Year Event Description
2018 Acquisitions/Mergers/Takeovers In August, Force Motors agreed to acquire the Pithampur based manufacturing plant of MAN Trucks,…
2017 Contracts/Agreements In September, Force motors ltd formed a joint venture with Rolls-Royce Power in supplying non-automotive…
2016 Commercial Operation Force Motors established a facility at Nanekarwadi, Chakan, Taluka Khed, Pune, for the production and…
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Locations


Tempo Finance (West) Private Limited

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
06 Jan 2021 Force Motors Plans to Issue Non-Convertible Debentures Debt Offering Force Motors Limited
23 Aug 2018 Force Motors to Acquire Assets from MAN Trucks Asset Transaction Force Motors Limited MAN Trucks India Pvt. Ltd.
20 Mar 2018 Rolls Royce Power Systems To Form Joint Venture With Force Motors Partnership Force MTU Power Systems Pvt. Ltd. Force Motors Limited; Rolls-Royce Power Systems AG
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