Integrated Filing — IndAS



General information about company

Scrip Code 500033
NSE Symbol FORCEMOT
MSEI Symbol NOTLISTED
ISIN INE451A01017
Name of company Force Motors Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 04-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 28-01-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Automobile
Start date and time of board meeting 04-02-2026   18:41:00
End date and time of board meeting 04-02-2026   19:19:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
The Company has not made any default on loans during the reporting period and it does not have any debt securities.



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 2,12,843.00 6,50,682.00
Other income 2,706.00 7,661.00
Total income 2,15,549.00 6,58,343.00
2 Expenses
(a) Cost of materials consumed 1,49,054.00 4,75,003.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (881.00) (14,013.00)
(d) Employee benefit expense 16,745.00 50,482.00
(e) Finance costs 16.00 52.00
(f) Depreciation, depletion and amortisation expense 7,272.00 21,396.00
(f) Other Expenses
1 Other expenses 14,056.00 42,898.00
2 Expenses capitalized (3,519.00) (10,530.00)
Total other expenses 10,537.00 32,368.00
Total expenses 1,82,743.00 5,65,288.00
3 Total profit before exceptional items and tax 32,806.00 93,055.00
4 Exceptional items 21,124.00 21,124.00
5 Total profit before tax 53,930.00 1,14,179.00
6 Tax expense
7 Current tax 15,302.00 30,887.00
8 Deferred tax (1,658.00) (10,467.00)
9 Total tax expenses 13,644.00 20,420.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 40,286.00 93,759.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 40,286.00 93,759.00
17 Other comprehensive income net of taxes 109.00 (34.00)
18 Total Comprehensive Income for the period 40,395.00 93,725.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 1,318.00 1,318.00
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 305.75 711.58
Diluted earnings (loss) per share from continuing operations 305.75 711.58
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 305.75 711.58
Diluted earnings (loss) per share from continuing and discontinued operations 305.75 711.58
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes : 1. Exceptional items in the quarter and nine months ended 31 December 2025 represents: a) Exceptional income of Rs.28,863 lakhs - being Government Incentives, as per the Madhya Pradesh Industrial Investment Promotion Assistance Scheme, 2010, recognised on the basis of sanction order dated 23 December 2025, received in January 2026, for the financial year 2024-25. b) Exceptional expenses of Rs.7,739 lakhs – The New Labour Codes became effective 21st November 2025, resulting in a past period employee benefit liability of Rs.7,739 lakhs.The Government is in the process of notifying related rules to the New Labour Codes and impact, if any, will be evaluated and accounted for in accordance with applicable accounting standards in the period in which they are notified. 2. The Company has opted to shift to new tax regime from the Financial Year 2025-2026 u/s 115BAA of the Income tax Act, 1961. Consequent to such change, the Company has written-off a MAT credit entitlement of Rs.559 lakhs and also reversed the Deferred tax liability of Rs.9,105 lakhs on account of lower tax rate, by recognizing the same under Tax Expense in Profit and Loss account. 3. The Ministry of Environment, Forest and Climate Change has notified the Environment Protection (End-of-Life Vehicles) Rules, 2025 (ELV Rules) effective 01st April 2025, imposing Extended Producer Responsibility (EPR) on vehicle manufacturers for scrapping old vehicles and such obligations are to be fulfilled through the purchase of EPR certificates from registered Vehicle Scrapping Facilities via a Centralised Online Portal. The implementation details and operational procedures of the ELV rules including the modalities of the pricing mechanism for the EPR certificates are yet to be developed. Consequently, the Company is currently unable to reliably estimate a range of possible outcomes and the impact will be evaluated once the implementation framework for determining the reliable estimate is established. 4. The limited review of financial results for the Quarter and Nine months ended 31 December 2025 has been carried out by the Statutory Auditors. 5. The above results have been reviewed by the Audit Committee and approved by the Board of Directors in its meetings held on 4th February 2026 6. The Company is operating in single segment. 7. Previous period's figures have been re-grouped, re-arranged and re-classified wherever necessary.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurements of net defined benefit liability 166.00 (36.00)
2 Equity instrument through other comprehensive income (18.00) (19.00)
Total Amount of items that will not be reclassified to profit and loss 148.00 (55.00)
2 Income tax relating to items that will not be reclassified to profit or loss 39.00 (21.00)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 109.00 (34.00)