Force Motors Limited (BOM:500033)

Force Motors Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	9,853	8,304	5,066	4,482	1,404	726
Cash & Short-Term Investments	9,853	8,304	5,066	4,482	1,404	726
Cash Growth	95.15%	63.94%	13.03%	219.27%	93.35%	109.10%
Accounts Receivable	1,962	1,912	1,743	1,041	1,968	1,894
Other Receivables	110.7	14,119	5,819	2,021	2,527	38.3
Receivables	2,090	16,036	7,565	3,062	4,499	1,933
Inventory	14,190	12,580	11,838	11,632	8,266	6,371
Other Current Assets	16,350	1,396	1,336	1,285	1,484	1,239
Total Current Assets	42,483	38,316	25,804	20,460	15,652	10,269
Property, Plant & Equipment	19,714	17,092	16,162	15,969	16,429	17,245
Long-Term Investments	1,102	983.4	1,031	910.3	973.4	1,108
Goodwill	0.1	0.1	0.1	0.1	0.1	0.1
Other Intangible Assets	7,756	7,354	6,335	5,985	5,981	6,056
Long-Term Deferred Tax Assets	52.2	-	-	-	58.5	940.8
Other Long-Term Assets	1,754	1,631	2,008	822.8	1,041	990.7
Total Assets	72,860	65,376	51,340	44,147	40,134	36,610

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	11,981	10,403	7,836	8,543	7,450	5,169
Accrued Expenses	-	3,543	3,238	2,678	1,763	1,500
Short-Term Debt	-	-	-	-	950	2,100
Current Portion of Long-Term Debt	-	-	160.9	1,427	2,648	2,583
Current Income Taxes Payable	-	-	-	-	382.7	-
Current Unearned Revenue	-	5,952	5,627	3,298	1,520	838.1
Other Current Liabilities	11,503	543.3	389.9	412.9	380.2	636.1
Total Current Liabilities	23,484	20,442	17,252	16,360	15,094	12,826
Long-Term Debt	-	-	13.4	3,818	5,950	6,006
Pension & Post-Retirement Benefits	-	606.9	399.5	316.7	280.3	265.3
Long-Term Deferred Tax Liabilities	2,347	2,276	3,249	1,032	-	-
Other Long-Term Liabilities	625.9	82.1	68	48	38.8	14
Total Liabilities	26,457	23,407	20,982	21,573	21,363	19,111

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	131.8	131.8	131.8	131.8	131.8	131.8
Additional Paid-In Capital	-	592	592	592	592	592
Retained Earnings	-	40,846	29,196	21,481	17,746	16,520
Comprehensive Income & Other	46,247	373.5	414.9	346.8	280.5	235.4
Total Common Equity	46,378	41,944	30,334	22,551	18,750	17,479
Minority Interest	25	24.6	23.3	22.1	20.9	19.9
Shareholders' Equity	46,403	41,968	30,358	22,574	18,771	17,499
Total Liabilities & Equity	72,860	65,376	51,340	44,147	40,134	36,610

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	-	-	174.3	5,245	9,548	10,688
Net Cash (Debt)	9,853	8,304	4,891	-763.4	-8,144	-9,962
Net Cash Growth	95.15%	69.78%	-	-	-	-
Net Cash Per Share	498.50	630.24	371.21	-57.94	-618.07	-756.07
Filing Date Shares Outstanding	13.18	13.18	13.18	13.18	13.18	13.18
Total Common Shares Outstanding	13.18	13.18	13.18	13.18	13.18	13.18
Working Capital	18,999	17,874	8,551	4,100	557.7	-2,557
Book Value Per Share	3519.72	3183.26	2302.19	1711.52	1423.04	1326.53
Tangible Book Value	38,623	34,590	24,000	16,566	12,770	11,422
Tangible Book Value Per Share	2931.14	2625.17	1821.43	1257.28	969.13	866.89
Land	-	342.1	342.1	342.1	342.1	342.1
Buildings	-	3,525	3,523	3,485	3,444	3,345
Machinery	-	34,479	33,046	31,873	30,364	28,445
Construction In Progress	-	2,357	925.4	257.9	386.6	1,557

Data Source: S&P Global Market Intelligence Last updated: Oct 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 29, 2026

Data Sources Report a data error