Force Motors (BOM:500033) EBIT: ₹15,190 Mil (TTM As of Mar. 2026)


BOM:500033 Force Motors Ltd BOM:500033
64 GF Score
Price ₹17,837.25
GF Value ₹10,793.74
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Force Motors EBIT?

Force Motors BOM:500033 -3.02% 64 EBIT is ₹15,190 Mil as of Mar. 2026. GuruFocus rates BOM:500033 with a GF Score™ of 64/100 and a GF Value™ of ₹10,793.74 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Force Motors's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹3,809 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹15,190 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Force Motors's annualized ROC % for the quarter that ended in Mar. 2026 was 27.18%. Force Motors's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 89.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Force Motors's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.14%.


Force Motors  (BOM:500033) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Force Motors's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=13692.4 * ( 1 - 26.35% )/( (0 + 37098.3)/ 1 )
=10084.4526/37098.3
=27.18 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=65375.5 - 10403.2 - ( 22440.5 - max(0, 20442.2 - 38316.2+22440.5))
=37098.3

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Force Motors's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=15237.6/( ( (0 + max(0, 0)) + (17091.8 + max(-4571.6, 0)) )/ 1 )
=15237.6/( ( 0 + 17091.8 )/ 1 )
=15237.6/17091.8
=89.15 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1911.5 + 12580.1 + 1379) - (10403.2 + 0 + 10039)
=-4571.6

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Force Motors's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=15189.7/212612.379
=7.14 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Force Motors EBIT Related Terms


Force Motors EBIT Historical Data

* Premium members only.

The historical data trend for Force Motors's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Force Motors EBIT Chart

Force Motors Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -889.00 3,407.30 6,662.00 12,641.30 15,189.70

Force Motors Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,750.70 2,778.40 3,174.10 5,427.80 3,809.40

BOM:500033 vs TSLA, GM, F: EBIT Comparison

For the Auto Manufacturers subindustry, Force Motors's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Force Motors EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Force Motors's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Force Motors's EV-to-EBIT falls into.


BOM:500033
64GF Score
Force Motors Ltd BOM:500033
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Force Motors EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹15,190 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹15,190 Mil mean?
Force Motors (BOM:500033) has a EBIT of ₹15,190 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Force Motors.
Is Force Motors' EBIT too high?
Force Motors' current EBIT is ₹15,190 Mil. Overall, Force Motors has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Force Motors' EBIT compare to TSLA and GM?
Force Motors' EBIT of ₹15,190 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Force Motors. Force Motors's current EBIT is ₹15,190 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Force Motors stock overvalued right now?
Based on GuruFocus' analysis, Force Motors (BOM:500033) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹10,793.74, compared to a current price of ₹17,837.25 — trading 65.3% above its estimated fair value. The current EBIT is ₹15,190 Mil. Force Motors' overall GF Score™ is 64/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Force Motors (BOM:500033), the current EBIT is ₹15,190 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Force Motors (BOM:500033) Overvalued in 2026?

Based on GuruFocus' analysis, Force Motors stock appears to be overvalued. The current stock price of ₹17,837.25 is trading 65.3% above its estimated GF Value™ of ₹10,793.74. GuruFocus considers Force Motors to be Significantly Overvalued.

Key valuation signals for BOM:500033:

  • EBIT: ₹15,190 Mil
  • GF Value™: ₹10,793.74 vs. price of ₹17,837.25 (65.3% above fair value)
  • GF Score™: 64/100 with 1 warning sign

No single metric tells the full story. See the BOM:500033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Force Motors Business Description

Other Exchanges FORCEMOT:India
Address Mumbai-Pune Road, Akurdi, Pune, MH, IND, 411 035
Force Motors Ltd is an automobile manufacturing company domiciled in India. The company principally manufactures small commercial vehicles, including cargo transportation; light commercial vehicles, such as buses and vans; multi-utility vehicles; sports utility vehicles; and agricultural tractors. In addition to vehicle manufacturing operations, Force Motors manufactures products related to the automobile industry, such as diesel engines. Production is largely sold domestically, and the company's manufacturing operations are conducted in domestic plants.
64GF Score

Get the complete analysis for BOM:500033

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹17,837.25
Price
₹10,793.74
GF Value