FORCE MOTORS Q2 FY27 Results & Earnings Intelligence

FORCEMOT

Structural risk assessment following Q2-FY27 | 30 Sep 26 earnings.

Flagium AI Risk Score✅
StableRisk: 5/100
1 warning12Q Forensic Surveillance ✓
Revenue from Operations

₹2,924.7 Cr

+19.9% QoQ

Operating Profit (EBITDA)

₹392.6 Cr

+24.2% YoY•+36.1% QoQ

Net Profit (PAT)

₹293.9 Cr

-16.2% YoY•+35.7% QoQ

Risk Score (QoQ)

5/ 100

+5 pts QoQ

The Quarter at a Glance

Consolidated Financials
Revenue from OperationsQ2-FY27 | 30 Sep 26
₹2,924.7 Cr
YoYQ2-FY26 | 30 Sep 25
N/AN/A
QoQQ1-FY27 | 30 Jun 26
₹2,440.0 Cr+19.9%
Revenue (Total Income)Q2-FY27 | 30 Sep 26
₹2,967.5 Cr
YoYQ2-FY26 | 30 Sep 25
₹2,105.9 Cr+40.9%
QoQQ1-FY27 | 30 Jun 26
₹2,478.1 Cr+19.7%
Operating Profit (EBITDA)Q2-FY27 | 30 Sep 26
₹392.6 Cr
YoYQ2-FY26 | 30 Sep 25
₹316.1 Cr+24.2%
QoQQ1-FY27 | 30 Jun 26
₹288.4 Cr+36.1%
Profit Before Tax (PBT)Q2-FY27 | 30 Sep 26
₹392.6 Cr
YoYQ2-FY26 | 30 Sep 25
₹316.1 Cr+24.2%
QoQQ1-FY27 | 30 Jun 26
₹288.4 Cr+36.1%
EBIT MarginQ2-FY27 | 30 Sep 26
13.23%
YoYQ2-FY26 | 30 Sep 25
15.01%-178 bps
QoQQ1-FY27 | 30 Jun 26
11.64%+159 bps
Net Profit (PAT)Q2-FY27 | 30 Sep 26
₹293.9 Cr
YoYQ2-FY26 | 30 Sep 25
₹350.7 Cr-16.2%
QoQQ1-FY27 | 30 Jun 26
₹216.6 Cr+35.7%
Interest ExpenseQ2-FY27 | 30 Sep 26
₹2.1 Cr
YoYQ2-FY26 | 30 Sep 25
₹0.2 Cr+821.7%
QoQQ1-FY27 | 30 Jun 26
₹0.0 Cr+5200.0%
Operating Cash FlowQ2-FY27 | 30 Sep 26
₹759.5 Cr
YoYQ2-FY26 | 30 Sep 25
₹269.5 Cr+181.8%
QoQQ1-FY27 | 30 Jun 26
N/AN/A
Basic EPS (₹/share)Q2-FY27 | 30 Sep 26
₹223.03
YoYQ2-FY26 | 30 Sep 25
N/AN/A
QoQQ1-FY27 | 30 Jun 26
₹164.36+35.7%

Sources:Official BSE/NSE Disclosures & Financial Filings

Automobile and Auto Components • Margin WatchEBITDA Operating Margin: 13.2% (Moderate Margin)
Benchmark: Prudent Target ≥ 12.0%

Core operating EBITDA margin of 13.2% reflects operating leverage, gross spread absorption, and input cost discipline against revenue.

Sentinel Executive Summary

Core Earnings Synthesis

"FORCE MOTORS LTD currently sits within Flagium's Stable category. However, recent periods have introduced early signs of competitive and operating pressure. Revenue growth remained positive, but profit contraction and triggers like 'Industrial Margin Stress' increased structural risk. Current deterioration appears cyclical rather than existential."

FORCE MOTORS LTD successfully defended its top-line revenue growth, but faced bottom-line compression due to escalating operating costs or margin friction. With 1 active flags, the structural profile reflects temporary margin headwinds despite stable market demand.

🟢 Key Operational & Structural Positives

  • ✓Revenue Growth: Quarterly revenue moved +40.9% YoY and +19.7% QoQ, reflecting demand and volume trends.
  • ✓Core Operating Revenue Growth: Revenue from operations (core business, ex-other income) moved +19.9% QoQ, reaching ₹2,924.7 Cr.
  • ✓Earnings per Share: Basic EPS grew +35.7% QoQ, landing at ₹223.03/share.

⚠️ Key Areas of Watch & Margin Pressures

  • ⚠Resolution of 'Industrial Margin Stress': FORCEMOT: EBITDA margin compressed by 239 bps YoY.
  • ⚠Operating margin pressure: Margin moved -178 bps YoY to 13.2%, monitor overhead and operational cost absorption.
  • ⚠Net profitability trajectory: Profit after tax contracted -16.2% YoY to ₹293.9 Cr, monitor sequential bottom-line recovery.
Sequential Inflection BridgeBottom-line Sequential Inflection
Flagium Forensic Seasonality Lens

Net Profit (PAT) contracted -16.2% YoY, but rebounded +35.7% QoQ vs Q1-FY27, showing bottom-line recovery momentum.

Flagium Risk Signals

Automated Forensic Signals
Quarterly Risk Trajectory (Q1-FY27 | 30 Jun 26 → Q2-FY27 | 30 Sep 26)

Industrial Margin Stress

CategoryOperational Efficiency
SignalIndustrial Margin Stress
SeverityModerate

FORCEMOT: EBITDA margin compressed by 239 bps YoY.

🎙️ FORCE MOTORS (FORCEMOT) Q2 FY27 Concall Intelligence

Management Commentary, Concall Takeaways & Key Discussion Themes

🎙

No earnings call transcript was available

for this reporting period.

Sentinel AI · Q2 FY27 Forensic Copilot

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Methodology & Regulatory Disclaimer

Flagium AI is an automated financial data analytics platform. Analysis reports are compiled programmatically from public regulatory XBRL submissions (NSE/BSE) for educational and research purposes only. Flagium AI is not registered with SEBI as a Research Analyst or Investment Adviser under SEBI regulations. This evaluation does not constitute investment advice, financial planning, or recommendations to buy, sell, or hold any security.

Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered Investment Adviser before acting on any data presented.