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-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	25-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	18-Apr-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Automobile
Start date and time of board meeting	25-Apr-2025   15:11:00
End date and time of board meeting	25-Apr-2025   17:16:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	23560100000	80717300000
	Other income	181300000	565600000
	Total income	23741400000	81282900000
2	Expenses
(a)	Cost of materials consumed	16307200000	59586400000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	864400000	-115300000
(d)	Employee benefit expense	1915000000	5918900000
(e)	Finance costs	72600000	258700000
(f)	Depreciation, depletion and amortisation expense	718800000	2802400000
(f)	Other Expenses
1	Other Expenses	1594500000	5572400000
2	Expenses capitalized	-413400000	-1172300000
	Total other expenses	1181100000	4400100000
	Total expenses	21059100000	72851200000
3	Total profit before exceptional items and tax	2682300000	8431700000
4	Exceptional items	3945700000	3945700000
5	Total profit before tax	6628000000	12377400000
6	Tax expense
7	Current tax	2327100000	4414700000
8	Deferred tax	3600000	-40700000
9	Total tax expenses	2330700000	4374000000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	4297300000	8003400000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	50100000	5200000
16	Total profit (loss) for period	4347400000	8008600000
17	Other comprehensive income net of taxes	-20200000	39000000
18	Total Comprehensive Income for the period	4327200000	8047600000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	4347100000	8007400000
	Total profit or loss, attributable to non-controlling interests	300000	300000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	4326900000	8046400000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	300000	1200000
21	Details of equity share capital
	Paid-up equity share capital	131800000	131800000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		30202500000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	329.92	607.71
	Diluted earnings (loss) per share from continuing operations	329.92	607.71
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	329.92	607.71
	Diluted earnings (loss) per share from continuing and discontinued operations	329.92	607.71
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		Notes :tttttttt n tttttttt n1. The audited financial results in respect of fourth quarter are the balancing figures, between audited figures in respect of the full financial year and the figures published year to date upto third quarter of the respective financial year.ttttttt n n2. Exceptional items in the quarter and year ended 31 March 2025 represents Exceptional income of Rs.39,457 lakhs, being Government Incentives, as per the Madhya Pradesh Industrial Investment Promotion Assistance Scheme, 2010, recognized on the basis of sanction orders dated 21 February 2025, received in March, 2025, for FY 2022-23 and FY 2023-24. Out of the said sanctioned amount of Rs.39,457 lakhs, the Company has received disbursement amounting to Rs.29,457 Lakhs. ntttttt n3. The Company is operating in single segment.ttttttt n n4. Previous period's figures have been re-grouped, re-arranged and re-classified wherever necessary.ttttttt n n5. The Board of Directors has recommended a payment of Dividend of Rs.40 per equity share of Rs.10 each (400%) subject to approval of Members of the Company.ttttttt n6. The above results have been reviewed by the Audit Committee and approved by the Board of Directors in its meetings held on 25 April 2025.ttttttt

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	15236600000
	Capital work-in-progress	925400000
	Investment property	65100000
	Goodwill	100000
	Other intangible assets	4387600000
	Intangible assets under development	1946900000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	1031300000
	Trade receivables, non-current	0
	Loans, non-current	1145300000
	Other non-current financial assets	0
	Total non-current financial assets	2176600000
	Deferred tax assets (net)	0
	Other non-current assets	797900000
	Total non-current assets	25536200000
2	Current assets
	Inventories	11837600000
	Current financial asset
	Current investments	0
	Trade receivables, current	1743400000
	Cash and cash equivalents	5065500000
	Bank balance other than cash and cash equivalents	8600000
	Loans, current	2400000
	Other current financial assets	5823700000
	Total current financial assets	12643600000
	Current tax assets (net)	95200000
	Other current assets	1227200000
	Total current assets	25803600000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	51339800000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	131800000
	Other equity	30202500000
	Total equity attributable to owners of parent	30334300000
	Non controlling interest	23300000
	Total equity	30357600000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	13400000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	17000000
	Total non-current financial liabilities	30400000
	Provisions, non-current	408900000
	Deferred tax liabilities (net)	3248900000
	Deferred government grants, Non-current	0
	Other non-current liabilities	41600000
	Total non-current liabilities	3729800000
	Current liabilities
	Current financial liabilities
	Borrowings, current	160900000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	320800000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	7515100000
	Total Trade payable	7835900000
	Other current financial liabilities	255300000
	Total current financial liabilities	8252100000
	Other current liabilities	6685800000
	Provisions, current	2314500000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	17252400000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	20982200000
	Total equity and liabilites	51339800000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
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-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
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
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	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	-61500000	-45200000
2	Equity instrument through other comprehensive income	23100000	88500000
3	Share of Other Comprehensive Income of Joint Venture	100000	400000
	Total Amount of items that will not be reclassified to profit and loss	-38300000	43700000
2	Income tax relating to items that will not be reclassified to profit or loss	-18100000	4700000
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	0
5	Total Other comprehensive income	-20200000	39000000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			12377400000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			258700000
	Adjustments for decrease (increase) in inventories			-331700000
	Adjustments for decrease (increase) in trade receivables, current			-704200000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-10200000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			-4745000000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-705500000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			2580200000
	Adjustments for depreciation and amortisation expense			2802400000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			435600000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			-300000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			5900000
	Adjustments for dividend income			3500000
	Adjustments for interest income			226100000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			54800000
	Other adjustments for non-cash items			126000000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-462900000
	Net cash flows from (used in) operations			11914500000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			2199800000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			9714700000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			18500000
	Purchase of property, plant and equipment			3669000000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			26900000
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			3500000
	Interest received			161600000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) investing activities	-3512300000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			0
	Repayments of borrowings			5076600000
	Payments of lease liabilities			0
	Dividends paid			263500000
	Interest paid			278300000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-5618400000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			584000000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			584000000
	Cash and cash equivalents cash flow statement at beginning of period			4481500000
	Cash and cash equivalents cash flow statement at end of period			5065500000