Stock of the week : Force Motors
Only for Educational Purpose, No Recommendation)
Force Motors has experienced a period of explosive financial growth over the last two fiscal years, transitioning into a high-margin, zero-debt company. As of early 2026, the company has reported record-breaking quarterly performances driven by its dominance in the multi-seater van segment (Traveller) and high-tech engine manufacturing.
Key Financial Highlights (FY 2025-26)
The company is currently in its 2025-26 fiscal year. Recent reports for the first half (H1 FY26) show significant momentum:
Net Profit (PAT): Surged by 105% YoY to ₹535 crore for H1 FY26. In Q2 specifically, profit jumped 148% due to a shift to the New Tax Regime and strong operational efficiency.
Revenue: Standalone total income for Q2 FY26 was ₹2,106 crore, an 8% increase year-on-year.
EBITDA: Grew 33% YoY to ₹387 crore in Q2, reflecting better cost control and a high-margin product mix.
Debt Status: The company currently maintains a zero-debt position, a major milestone in its financial health.