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Force Motors Ltd

Q2 FY26Automobiles

Force Motors Q2 FY26: Revenue ₹2,279 Cr, PAT ₹316 Cr

Q2 FY26 investor presentation: what the company reported on revenue, margins and projects.

Price₹17,700
Market cap₹23.3K Cr
P/E21.2
Updated16 Oct 2026
Read5 min read

Based on Force Motors Ltd's Q2 FY26 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentationreports, not management guidance.

The short version

Q2 FY26 Standalone Sales: ₹2,279 crore (Page 34) - Q2 FY25 Standalone Sales: ₹1,927 crore (Page 34) - Year-on-Year Sales Growth: 18% (Page 34 indicates a 14% Y-o-Y, Page 35 shows 18% CAGR over 10 years, but Q2 26 vs Q2 25 sales imply about 18% increase) - Year-to-Date (H1) Sales FY26: ₹4,341 crore; H1 FY25: ₹3,794 crore; Y-o-Y Growth: 14% (Page 34) - Quarterly Sales growth YoY: ranges from 7%-51% per quarter historically (Page 35) - Quarterly Net Sales Range (₹ Cr.): Q2 FY26 at 2,279 crore (Page 34) - No explicit forward-looking revenue or volume outlook is mentioned in the provided pages. EBITDA: Not explicitly stated in the provided pages of the presentation.

From Force Motors Ltd's Q2 FY26 earnings-call transcript · updated 16 Oct 2026.

Revenue & Sales Performance

  • Q2 FY26 Standalone Sales: ₹2,279 crore (Page 34)
  • Q2 FY25 Standalone Sales: ₹1,927 crore (Page 34)
  • Year-on-Year Sales Growth: 18% (Page 34 indicates a 14% Y-o-Y, Page 35 shows 18% CAGR over 10 years, but Q2 26 vs Q2 25 sales imply about 18% increase)
  • Year-to-Date (H1) Sales FY26: ₹4,341 crore; H1 FY25: ₹3,794 crore; Y-o-Y Growth: 14% (Page 34)
  • Quarterly Sales growth YoY: ranges from 7%-51% per quarter historically (Page 35)
  • Quarterly Net Sales Range (₹ Cr.): Q2 FY26 at 2,279 crore (Page 34)

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Profitability & Margins

See what Force Motors Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Force Motors has launched Project Digiforce, a ₹150 crore digital transformation initiative focusing on digitizing sales, service, marketing, dealer operations, and core enterprise functions over two years. (Page 29)
  • No specific capex or capacity expansion amounts, new plant projects, or timelines related to physical plant expansion or capacity increase are explicitly detailed in the provided slides.
  • The presentation mentions a fully integrated 300+ acre mother plant handling end-to-end manufacturing, but no new plant projects or expansions are stated. (Page 23)

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Top-ranked in Automobiles

Ranked on what management guided this quarter

Guidance-ranked
Rev 1Mar 3
2M & M
Rev 2Mar 3
3
Rev 2Mar 3
4
Rev 2Mar 3
5
Rev 2Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Force Motors Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The investor presentation does not explicitly mention order book, order inflow, or pending orders in the provided pages. Based on the content extracted from the presentation: - There is no direct reference to order book size, order inflow volumes, or pending order backlogs. - The presentation primarily focuses on financial performance, sales, profits (PAT, PBT), operational metrics, sustainability efforts, digital initiatives, and market presence.

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Force Motors Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹2.5K Cr, net profit ₹279 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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Frequently Asked Questions

What were Force Motors Ltd Q2 FY26 results?

Q2 FY26 Standalone Sales: ₹2,279 crore (Page 34) - Q2 FY25 Standalone Sales: ₹1,927 crore (Page 34) - Year-on-Year Sales Growth: 18% (Page 34 indicates a 14% Y-o-Y, Page 35 shows 18% CAGR over 10 years, but Q2 26 vs Q2 25 sales imply about 18% increase) - Year-to-Date (H1) Sales FY26: ₹4,341 crore; H1 FY25: ₹3,794 crore; Y-o-Y Growth: 14% (Page 34) - Quarterly Sales growth YoY: ranges from 7%-51% per quarter historically (Page 35) - Quarterly Net Sales Range (₹ Cr.): Q2 FY26 at 2,279 crore (Page 34) - No explicit forward-looking revenue or volume outlook is mentioned in the provided pages. EBITDA: Not explicitly stated in the provided pages of the presentation.

What is Force Motors Ltd share price analysis?

Force Motors Ltd currently shows a neutral. The stock trades at a P/E of 21.2 with a market cap of ₹23,322 Cr. Investors should review the full earnings analysis for detailed insights.

Is Force Motors Ltd planning capital expenditure?

Force Motors has launched Project Digiforce, a ₹150 crore digital transformation initiative focusing on digitizing sales, service, marketing, dealer operations, and core enterprise functions over two years.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.