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FORCE MOTORS
Quarterly Results Analysis [Dec2024]

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FORCE MOTORS Quarterly Results

Consolidated Dec2024
UnAudited
Sep2024
UnAudited
Jun2024
UnAudited
Mar2024
UnAudited
Dec2023
UnAudited
Sep2023
UnAudited
Jun2023
UnAudited
Mar2023
Audited
Revenues ₹1,889 Cr ₹1,941 Cr ₹1,885 Cr ₹2,011 Cr ₹1,692 Cr ₹1,802 Cr ₹1,488 Cr ₹1,490 Cr
Expenses ₹1,658 Cr ₹1,659 Cr ₹1,636 Cr ₹1,733 Cr ₹1,467 Cr ₹1,577 Cr ₹1,307 Cr ₹1,370 Cr
Operating Income ₹232 Cr ₹283 Cr ₹249 Cr ₹279 Cr ₹224 Cr ₹225 Cr ₹181 Cr ₹121 Cr
Other Income ₹15 Cr ₹9 Cr ₹15 Cr ₹15 Cr ₹4 Cr ₹9 Cr ₹11 Cr ₹38 Cr
Interest ₹4 Cr ₹5 Cr ₹9 Cr ₹14 Cr ₹14 Cr ₹16 Cr ₹18 Cr ₹18 Cr
Depreciation ₹71 Cr ₹69 Cr ₹69 Cr ₹68 Cr ₹68 Cr ₹67 Cr ₹63 Cr ₹63 Cr
Profit Before Tax ₹172 Cr ₹217 Cr ₹186 Cr ₹211 Cr ₹146 Cr ₹151 Cr ₹111 Cr ₹286 Cr
Profit After Tax ₹110 Cr ₹141 Cr ₹120 Cr ₹137 Cr ₹95 Cr ₹98 Cr ₹72 Cr ₹149 Cr
EPS ₹87.49 ₹102.44 ₹87.78 ₹106.42 ₹64.80 ₹71.22 ₹52.02 ₹111.22
Industry Peers & Returns1W1M1Y
FORCE MOTORS 3.8% 31.3% 22.3%
TATA MOTORS -2.2% 5.3% -32.3%
ASHOK LEYLAND 0.6% 0.4% 19.5%
OLECTRA GREENTECH 1.4% 13.1% -38.2%
SML ISUZU 4.6% 44.2% -16.3%

FORCE MOTORS Quarterly Revenues

Revenues
Q-o-Q

-2.67 %

Y-o-Y

11.69 %

Quarters Revenues % Change
Dec2024 ₹1,889 Cr
-2.67
Sep2024 ₹1,941 Cr
2.99
Jun2024 ₹1,885 Cr
-6.28
Mar2024 ₹2,011 Cr
18.89
Dec2023 ₹1,692 Cr
-6.10
Sep2023 ₹1,802 Cr
21.12
Jun2023 ₹1,488 Cr
-0.18
Mar2023 ₹1,490 Cr -

FORCE MOTORS Quarterly Operating Profit

Operating Profit
Q-o-Q

-18.02 %

Y-o-Y

3.21 %

Quarters Operating Profit % Change
Dec2024 ₹232 Cr
-18.02
Sep2024 ₹283 Cr
13.43
Jun2024 ₹249 Cr
-10.58
Mar2024 ₹279 Cr
24.12
Dec2023 ₹224 Cr
-0.21
Sep2023 ₹225 Cr
24.56
Jun2023 ₹181 Cr
49.59
Mar2023 ₹121 Cr -
Operating Margins
Q-o-Q

-15.80 %

Y-o-Y

-7.61 %

Quarters Operating Margin% % Change
Dec2024 12.26%
-15.80
Sep2024 14.56%
10.14
Jun2024 13.22%
-4.55
Mar2024 13.85%
4.37
Dec2023 13.27%
6.24
Sep2023 12.49%
2.88
Jun2023 12.14%
49.88
Mar2023 8.1% -

FORCE MOTORS Quarterly Profit After Tax

Profit After Tax(PAT)
Q-o-Q

-21.75 %

Y-o-Y

16.14 %

Quarters Profit After Tax % Change
Dec2024 ₹110 Cr
-21.75
Sep2024 ₹141 Cr
17.61
Jun2024 ₹120 Cr
-12.51
Mar2024 ₹137 Cr
44.25
Dec2023 ₹95 Cr
-3.56
Sep2023 ₹98 Cr
36.49
Jun2023 ₹72 Cr
-51.72
Mar2023 ₹149 Cr -
PAT Margins
Q-o-Q

-19.59 %

Y-o-Y

3.92 %

Quarters PAT Margin(%) % Change
Dec2024 5.83 %
-19.59
Sep2024 7.25 %
14.17
Jun2024 6.35 %
-6.62
Mar2024 6.8 %
21.21
Dec2023 5.61 %
2.75
Sep2023 5.46 %
12.81
Jun2023 4.84 %
-51.65
Mar2023 10.01 % -

FORCE MOTORS Quarterly Earnings Per Share (EPS)

EPS
Q-o-Q

-14.59 %

Y-o-Y

35.02 %

Quarters EPS % Change
Dec2024 ₹87.49
-14.59
Sep2024 ₹102.44
16.70
Jun2024 ₹87.78
-17.52
Mar2024 ₹106.42
64.23
Dec2023 ₹64.8
-9.01
Sep2023 ₹71.22
36.91
Jun2023 ₹52.02
-53.23
Mar2023 ₹111.22 -

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