In this Detailed #Thread 🧵 I'll look to Analyse Force Motors. Each and Every neeche details about Force Motors will be covered in this thread from its Business, to its Fundamentals, to its Financial Results, to its Management, to its Competitors & Market Share
#ForceMotors
#ForceMotors
to its Annual reports details and at last I've give information about its Chart 📉📈 Pattern analysis and my final Commentry.
🎖️About the Company
✅Force Motors Ltd was established in 1958, is the flagship company of the Abhay Firodia group.
🎖️About the Company
✅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, & agricultural tractors, which it supplies to various countries in the Middle East, Asia, Latin America, & Africa.
✅It was known as Bajaj Tempo till 2005
✅It was known as Bajaj Tempo till 2005
🎖️Collaboration
✅It has entered into a joint venture with MTU Friedrichshafen GmbH (a company of the Rolls Royce Group) in FY 18 to form Force MTU Power Systems Private Limited (FMTU) for engaging in the business of development, manufacture, and marketing of engines, engines
✅It has entered into a joint venture with MTU Friedrichshafen GmbH (a company of the Rolls Royce Group) in FY 18 to form Force MTU Power Systems Private Limited (FMTU) for engaging in the business of development, manufacture, and marketing of engines, engines
for power generation,complete power generators & engines for various applications like Rail
✅It holds a 51% stake in FMTU, thus becoming a subsidiary of the Company
✅In 2015,BMW assigned Force Motors to produce and test the engines for all cars and SUVs to be made in India
✅It holds a 51% stake in FMTU, thus becoming a subsidiary of the Company
✅In 2015,BMW assigned Force Motors to produce and test the engines for all cars and SUVs to be made in India
🏅Product
✅It manufactures Engines, Transmission & Axles, a range of Small, Multi-Utility, and Light Commercial Vehicles, Special Utility Vehicles (SUVs), and Agricultural Tractors.
✅It manufactures Engines, Transmission & Axles, a range of Small, Multi-Utility, and Light Commercial Vehicles, Special Utility Vehicles (SUVs), and Agricultural Tractors.
✅The primary brands in LCVs and multiutility vehicles include Traveller, Trax, Gurkha, and Shaktiman, while the brands in tractors are Balwan, Orchard, Abhiman, and Sanman.
Its ‘Traveller’ and ‘Trax’ vehicle ranges are market leaders in their respective segments
Its ‘Traveller’ and ‘Trax’ vehicle ranges are market leaders in their respective segments
🎖️Product-wise Revenue
✅Light commercial vehicles and utility vehicles contribute 56% of its revenue in FY20, which was 54% in FY18
✅Engines segment contributes 28% of its Revenue in FY20, which was 32% in FY18
✅Light commercial vehicles and utility vehicles contribute 56% of its revenue in FY20, which was 54% in FY18
✅Engines segment contributes 28% of its Revenue in FY20, which was 32% in FY18
Market Share
Its market share of LCV (Passenger Segment) is 37.9% in FY20.
Its market share of LCV (School and Ambulances segment) is greater than 70% in FY20
Research & Development
Its R&D expense has increased by 41%, now stand 9.27% of Total Income in FY20.
Its market share of LCV (Passenger Segment) is 37.9% in FY20.
Its market share of LCV (School and Ambulances segment) is greater than 70% in FY20
Research & Development
Its R&D expense has increased by 41%, now stand 9.27% of Total Income in FY20.
It is working on renewing various version Traveller T1 and T2 platform to meet regulatory compliance
It is working on making its own electric propulsion aggregates and programming device to use in its prototype electric vehicles
It is working on making its own electric propulsion aggregates and programming device to use in its prototype electric vehicles
🎖️Product Mix
Part 1
Part 1
Part 2
Part 3
Part 4
🎖️Annual Reports
🎖️Annual Reports
🎖️Fundamental Part
✅Market Cap:- Rs 2038 Cr
(Smallcap)
✅Book Value:- Rs 1358
✅Dividend Yield:- 0.65%
✅ROCE:- -2.73%
✅ROE:- -4.14%
✅Industry PE:- 104
✅Promoters Holding:- 61.6%
✅FII Holding:- 2.55%
✅DII Holding:- 2.20%
✅Public Holding:- 33.62%
✅Debt to Equity:- 0.55
✅Market Cap:- Rs 2038 Cr
(Smallcap)
✅Book Value:- Rs 1358
✅Dividend Yield:- 0.65%
✅ROCE:- -2.73%
✅ROE:- -4.14%
✅Industry PE:- 104
✅Promoters Holding:- 61.6%
✅FII Holding:- 2.55%
✅DII Holding:- 2.20%
✅Public Holding:- 33.62%
✅Debt to Equity:- 0.55
✅Reserves:- Rs 1776 Cr
✅Debt:- Rs991 Cr
✅Fixed Assets:- Rs 2192 Cr
✅Piotroski Score:- 5
Details about the last 3/5/10 Years CAGR, Sales Growth💹💹, Profit Growth💹💹, Return on Equity and Cash Flows and Accounting 🧾🧾 Ratios in Below Pictures
✅Debt:- Rs991 Cr
✅Fixed Assets:- Rs 2192 Cr
✅Piotroski Score:- 5
Details about the last 3/5/10 Years CAGR, Sales Growth💹💹, Profit Growth💹💹, Return on Equity and Cash Flows and Accounting 🧾🧾 Ratios in Below Pictures
🎖️Trigger Point for Force Motors Business
✅Force Motors Urbania was recently launched at a dealer meet in Indore.
✅The Company has announced pricing of Urbania starting at Rs 28.99 Lakh.
✅An entirely new state-of-art manufacturing unit has been setup for production of
✅Force Motors Urbania was recently launched at a dealer meet in Indore.
✅The Company has announced pricing of Urbania starting at Rs 28.99 Lakh.
✅An entirely new state-of-art manufacturing unit has been setup for production of
Urbania.
✅Total cost of design and development of Urbania new-gen platform and construction of its manufacturing facility is more than Rs 1000 Crore.
✅In the first phase, the plant has capacity to manufacture 1000 units per month.
✅This can be increased to 2000 vehicles
✅Total cost of design and development of Urbania new-gen platform and construction of its manufacturing facility is more than Rs 1000 Crore.
✅In the first phase, the plant has capacity to manufacture 1000 units per month.
✅This can be increased to 2000 vehicles
Per month.
✅Serial production of Urbania has already been commenced.
✅The new-gen van will be reaching dealerships in coming weeks
✅Serial production of Urbania has already been commenced.
✅The new-gen van will be reaching dealerships in coming weeks
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