Integrated Filing — IndAS



General information about company

Scrip Code 500033
NSE Symbol FORCEMOT
MSEI Symbol NOTLISTED
ISIN INE451A01017
Name of company Force Motors Ltd
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 29-07-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-07-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First 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
Segment Reporting Single segment
Description of single segment Automobile
Start date and time of board meeting 29-07-2026   14:56:00
End date and time of board meeting 29-07-2026   16:23:00
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 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 2,43,989.00 2,43,989.00
Other income 3,806.00 3,806.00
Total income 2,47,795.00 2,47,795.00
2 Expenses
(a) Cost of materials consumed 1,74,903.00 1,74,903.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 962.00 962.00
(d) Employee benefit expense 19,512.00 19,512.00
(e) Finance costs 4.00 4.00
(f) Depreciation, depletion and amortisation expense 7,685.00 7,685.00
(f) Other Expenses
1 Other expenses 18,700.00 18,700.00
2 Expenses capitalized (2,856.00) (2,856.00)
Total other expenses 15,844.00 15,844.00
Total expenses 2,18,910.00 2,18,910.00
3 Total profit before exceptional items and tax 28,885.00 28,885.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 28,885.00 28,885.00
6 Tax expense
7 Current tax 7,754.00 7,754.00
8 Deferred tax (76.00) (76.00)
9 Total tax expenses 7,678.00 7,678.00
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 21,207.00 21,207.00
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 21,207.00 21,207.00
17 Other comprehensive income net of taxes 541.00 541.00
18 Total Comprehensive Income for the period 21,748.00 21,748.00
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 160.95 160.95
Diluted earnings (loss) per share from continuing operations 160.95 160.95
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 160.95 160.95
Diluted earnings (loss) per share from continuing and discontinued operations 160.95 160.95
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. The limited review of financial results for the Quarter ended 30 June 2026 has been carried out by the Statutory Auditors. 2. Exceptional items for the year ended 31 March 2026 represents: a) Exceptional income of Rs.288.63 crore - being Government Incentives, as per the Madhya Pradesh Industrial Investment Promotion Assistance Scheme, 2010. b) Exceptional expenses of Rs.77.39 crore – The New Labour Codes became effective 21st November 2025, resulting in a past period employee benefit liability of Rs.77.39 crore and has been reported as Exceptional Item. 3. The Company has completed the acquisition of entire equity shares of Veera Tanneries Private Limited (VTPL), vide a Share Purchase Agreement dated 23 April 2026. Pursuant to such acquisition, VTPL has now become a wholly owned subsidiary of the Company and accordingly the financial results of VTPL have been consolidated as per the applicable Accounting Standards. 4. The figures of the preceding three months ended 31 March 2026 are the balancing figures between audited figures in respect of the full financial year upto 31 March 2026 and the published year to date figures upto 31 December 2025, which were subjected to limited review. 5. The Company had shifted to new tax regime u/s 115BAA of the Income tax Act, 1961 with effect from the second quarter of Financial Year 2025-26. Thus, the results for Q1 FY26-27, Q4 FY25-26, and the year ended 31 March 2026 have been prepared under the new tax regime. 6. 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. As per best estimates, the Company has recognised provisions in the financial statements. 7. The Company is operating in single segment. 8. Previous period's figures have been re-grouped, re-arranged and re-classified wherever necessary. 9. The above results have been reviewed by the Audit Committee and approved by the Board of Directors in its meetings held on 29 July 2026.



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 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
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 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
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 49.00 49.00
2 Equity instrument through other comprehensive income 588.00 588.00
Total Amount of items that will not be reclassified to profit and loss 637.00
2 Income tax relating to items that will not be reclassified to profit or loss 96.00 96.00
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
5 Total Other comprehensive income 541.00 541.00