FORCE MOTORS LTD
Force Motors Ltd was established in 1958, is the flagship company of the Abhay Firodia group. The company is in the business of manufacturing fully vertically integrated small and light CVs, multi-utility vehicles, and agricultural tractors, which it supplies to various countries in the Middle East, Asia, Latin America, and Africa. It was known as Bajaj Tempo till 2005
What FORCE files
- Others72
- Important42
- Updates9
- Board Meeting8
- Dividend/Bonus4
- JV/Acquisition3
Force Motors announced its 67th Annual General Meeting will be held virtually to approve the FY26 dividend. Eligibility for dividend and e-voting will be determined via a record date. Share transfer books will be closed for a period. Dividend payout within 30 days post-AGM. Annual Report available online.
Force Motors asks physical shareholders to update KYC (PAN, bank, signature) urgently. This ensures future dividend payments will be electronic only. Payment by cheques/warrants is discontinued. Incomplete KYC will stop dividend payouts.
Force Motors reported Q1 FY27 sales of ₹2,417 Cr (up 6% YoY) and PAT of ₹212 Cr (up 14% YoY). Key developments include the Urbania DX launch, a ₹150 Cr digital transformation (Digiforce), and significant ESG strides. The company maintains a 70%+ market share in the Traveller segment.
Force Motors reported strong FY26 financials: Sales up 12% to ₹8,980 Cr, PBT up 55% to ₹1,304 Cr, and PAT up 51% to ₹1,211 Cr. Q4 PAT declined due to a tax regime shift. The company launched Project Digiforce, a ₹150 Cr digital transformation initiative.
Force Motors launched its New Force Traveller N Range, a re-engineered Light Commercial Vehicle for domestic and international markets. This significantly upgraded product, featuring improved comfort and structural integrity, will entirely replace the current Traveller, enhancing its market leadership.