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Force Motors Ltd

Q4 FY26Automobiles

Force Motors Ltd Q4 FY26 Results & Presentation Highlights: Revenue ₹2,528 Cr, PAT ₹430 Cr

Q4 FY26 investor presentation: what the company reported on revenue, margins and projects.

Price₹17,388
Market cap₹23.0K Cr
P/E20.9
Updated25 Sept 2026
Read5 min read

Based on Force Motors Ltd's Q4 FY26 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Q4 FY 26 Net Sales: ₹2,528 crore - Q3 FY 26 Net Sales: ₹2,110 crore - YoY growth for Q4 FY 26 Sales: 20% (QoQ), 28% (YoY) - FY 25 Net Sales: ₹8,007 crore - FY 26 Net Sales: ₹8,980 crore (12% YoY growth) - YTD Sales for FY 26: 8,980 crore - No explicit outlook for future revenue or volumes is stated in the presentation. EBITDA: Not explicitly stated in the provided pages of the presentation. - Operating Margin: Not explicitly stated in the provided pages. - Profit After Tax (PAT) for Q4 FY26: ₹430 crore - PAT Margin: 18% - Year-on-Year (YoY) PAT Growth: 55% - Quarter-on-Quarter (QoQ) PAT Growth: 14% - The presentation notes the company shifted to a new tax regime during FY26, impacting PAT. - Explicit Margin Outlook: No explicit future operating margin or EBITDA margin outlook is stated in the provided pages. The focus is on standalone quarterly PAT and sales performance, with PAT margin at 18% in Q4 FY26 and strong YoY growth.

From Force Motors Ltd's Q4 FY26 earnings-call transcript · updated 25 Sept 2026.

Revenue & Sales Performance

  • Q4 FY 26 Net Sales: ₹2,528 crore
  • Q3 FY 26 Net Sales: ₹2,110 crore
  • YoY growth for Q4 FY 26 Sales: 20% (QoQ), 28% (YoY)
  • FY 25 Net Sales: ₹8,007 crore
  • FY 26 Net Sales: ₹8,980 crore (12% YoY growth)

2 more points management made on revenue & sales performance

Profitability & Margins

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

Capital Expenditure Plans

The investor presentation does not explicitly detail specific capex amounts, capacity expansions, or new plant/project investments with associated statuses or timelines. However, the following can be inferred: - FY16 to FY26 Capex trends shown in ₹ Cr. on Page 39, with figures like 132 Cr. in FY16, declining to negatives in FY21 and FY22, then rising again to 971 Cr. in FY26. - Page 30 mentions a ₹150 crore digital transformation initiative called Project Digiforce over two years focusing on tech and digitization but not a physical plant or capacity expansion.

2 more points management made on capital expenditure plans

Top-ranked in Automobiles

Ranked on what management guided this quarter

5x potential
1Ather Energy
Rev 1Mar 3
2Zelio E-Mobility
Rev 1Mar 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 provided investor presentation does not explicitly report any details regarding order book, order inflow, or pending orders. It primarily includes financial performance data, sustainability progress, digital transformation initiatives, leadership, export presence, and product information. Specific information on order book or order inflow is not mentioned in the extracted pages.

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.

Full financials →

What Force Motors Ltd's management said in earlier quarters

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Frequently Asked Questions

What were Force Motors Ltd Q4 FY26 results?

Q4 FY 26 Net Sales: ₹2,528 crore - Q3 FY 26 Net Sales: ₹2,110 crore - YoY growth for Q4 FY 26 Sales: 20% (QoQ), 28% (YoY) - FY 25 Net Sales: ₹8,007 crore - FY 26 Net Sales: ₹8,980 crore (12% YoY growth) - YTD Sales for FY 26: 8,980 crore - No explicit outlook for future revenue or volumes is stated in the presentation. EBITDA: Not explicitly stated in the provided pages of the presentation. - Operating Margin: Not explicitly stated in the provided pages. - Profit After Tax (PAT) for Q4 FY26: ₹430 crore - PAT Margin: 18% - Year-on-Year (YoY) PAT Growth: 55% - Quarter-on-Quarter (QoQ) PAT Growth: 14% - The presentation notes the company shifted to a new tax regime during FY26, impacting PAT. - Explicit Margin Outlook: No explicit future operating margin or EBITDA margin outlook is stated in the provided pages. The focus is on standalone quarterly PAT and sales performance, with PAT margin at 18% in Q4 FY26 and strong YoY growth.

What is Force Motors Ltd share price analysis?

Force Motors Ltd currently shows a neutral. The stock trades at a P/E of 20.9 with a market cap of ₹23,043 Cr. Investors should review the full earnings analysis for detailed insights.

Is Force Motors Ltd planning capital expenditure?

The investor presentation does not explicitly detail specific capex amounts, capacity expansions, or new plant/project investments with associated statuses or timelines.

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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.