Company Force Motors Limited

Equities

FORCEMOT

INE451A01017

Auto & Truck Manufacturers

Market Closed - Bombay S.E. 06:00:49 2024-04-23 am EDT 5-day change 1st Jan Change
9,779 INR -0.66% Intraday chart for Force Motors Limited +17.24% +170.05%

Business Summary

Force Motors Limited is an India-based vertically integrated automobile company. The Company is engaged in the design, development, and manufacture of automotive components, aggregates and vehicles. The Company's range of products include light commercial vehicles (LCV), multi-utility vehicles (MUV), small commercial vehicles (SCV), special utility vehicles (SUV) and agricultural tractors. Its Agricultural Vehicles include Balwan 400 Super, Orchard Mini, Sanman 5000, and Abhiman 4X4. Its Commercial vehicles include citiline, ambulances, school buses, passenger carriers, and goods carriers. It also has vehicles under the name Gurkha. It provides solutions for transport-both goods, as well as passenger-rugged, transport solutions for rural or urban, long distance or local, over roads or tracks. The Company exports its range of products to various countries in the Middle East, Asia, Latin America, and Africa. The Company's subsidiary is Tempo Finance (West) Private Limited.

Number of employees: 5,101

Sales per Business

INR in Million2022Weight2023Weight Delta
Light Commercial Vehicles & Utility Vehicles
99.0 %
32,073 99.0 % 49,810 99.0 % +55.30%
Others
0.9 %
300 0.9 % 445 0.9 % +48.30%
Service Charges
0.1 %
28 0.1 % 31 0.1 % +12.68%
Interest
0.0 %
4 0.0 % 4 0.0 % +2.63%

Sales per region

INR in Million2022Weight2023Weight Delta
India
100.0 %
32,404 100.0 % 50,290 100.0 % +55.20%

Managers

Managers TitleAgeSince
Chief Executive Officer 45 06-09-29
Director of Finance/CFO - 15-01-15
Chairman 78 02-06-30
Compliance Officer 38 23-05-14
Director/Board Member 59 15-01-15
Corporate Officer/Principal - 92-11-30

Members of the board

Members of the board TitleAgeSince
Director/Board Member 69 22-08-12
Chairman 78 02-06-30
Chief Executive Officer 45 06-09-29
Director/Board Member 73 22-08-12
Director/Board Member 59 15-01-15
Director/Board Member 68 16-07-29
Director/Board Member 51 22-09-27
Director/Board Member - 19-02-12

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 13,180,000 4,644,434 ( 35.24 %) 0 35.24 %

Shareholders

NameEquities%Valuation
Jaya Hind Investments Pvt Ltd.
57.38 %
7,559,928 57.38 % 657 M ₹
264,351 2.006 % 23 M ₹
220,763 1.675 % 19 M ₹
Jupiter Asset Management Ltd.
1.593 %
209,920 1.593 % 18 M ₹
183,376 1.392 % 16 M ₹
UTI Asset Management Co. Ltd. (Investment Management)
1.111 %
146,431 1.111 % 13 M ₹
Principal Asset Management Pvt Ltd.
0.7591 %
100,026 0.7591 % 9 M ₹
Sundaram Asset Management Co. Ltd.
0.5914 %
77,930 0.5914 % 7 M ₹
64,396 0.4887 % 6 M ₹
Government of India
0.4058 %
53,473 0.4058 % 5 M ₹

Company contact information

Force Motors Ltd.

Mumbai-Pune Road Akurdi

411035, Pune

+91 20 2747 6381

http://www.forcemotors.com
address Force Motors Limited(FORCEMOT)
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