Force Motors Ltd is an Indian multinational automotive manufacturing company, based in Pune. Founded in 1958 by Shri Navalmal Kundanmal Firodia, Force Motors Limited was established with the vision of contributing to the development of modern India through industrialization. From 1958 until 2005, the company was known as Bajaj Tempo Motors because it originated as a joint venture between Bajaj Auto and Germany's Tempo for manufacturing auto components.
Today, Force Motors is a fully integrated automobile company specializing in the design, development, and manufacturing of vehicles, aggregates, and components catering to the diverse customer needs globally. Led by Dr. Abhay Firodia, Force Motors endeavors to build best-in-class shared mobility solutions that keep pace with the changing demands of the customers across India and the world.
Force Motors has a Market Capitalization of ₹18,779 Crore (up 68.7% in 1 year) as of July 2025. The company has demonstrated exceptional financial performance, with net profit rose 106.33% to ₹800.74 Crore in the year ended March 2025, as against ₹388.09 Crore during the previous year ended March 2024. Sales rose 15.44% to ₹8,071.73 Crore in the year ended March 2025, as against ₹6,992.13 Crore during the previous year ended March 2024.
The company's quarterly results for Q4 FY25 showed remarkable growth with net profit of Force Motors rose 209.93% to ₹434.71 Crore in the quarter ended March 2025, as against ₹140.26 Crore during the previous quarter ended March 2024. Sales rose 17.14% to ₹2,356.01 Crore in the quarter ended March 2025, as against ₹2,011.21 Crore during the previous quarter ended March 2024.
Force Motors dominates the commercial vehicle segment with its flagship Traveller range. The Force Traveller range dominates the light commercial vehicle segment with over 65% market share. The Force Monobus delivers efficient, reliable transport solutions tailored for passenger commutes & school transportation. The Force Trax range handles passenger, school, cargo & emergency transport across various terrains with trusted durability.
Our portfolio spans shared mobility solutions, commercial fleets, specialized transport, and defense solutions. Whether it's passenger vehicles, delivery vans, ambulances, or buses – our vehicles are designed to deliver comfort, convenience, performance, and safety across a variety of applications.
Force specialty vehicles cover cash vans, quick responders & crew transport built for critical, high-performance operations. The Force Gurkha blends endurance, reliability & off-roading strength, built for explorers who go beyond conventional roads. The Force e-Traveller Smart Citibus is India's first monocoque e-van for clean last-mile and shared mobility.
The Force Gurkha represents the company's presence in the lifestyle vehicle segment. The all-new Force Gurkha is a 4x4 Car in India with unmatched all terrain capabilities. With best-in-segment ground clearance at 233mm, the Force Gurkha is your ultimate Adventure vehicle. The air intake snorkel gives the All New Force Gurkha a high water-wading ability of up to 700 mm which is unmatched by any other vehicle in this category.
The Gurkha lineup includes both three-door and five-door variants, with the Force Gurkha 5-door being powered by the same 2.6-liter, four-cylinder diesel engine but now produces 132bhp and 320Nm of torque. It is mated to a six-speed manual and with a full-time 4WD system with shift on the fly and locking differentials.
Over the last six decades, it has partnered with global manufacturers, such as Mercedes, BMW, Rolls Royce Daimler, ZF, Bosch, VW, Traton, and MAN, for manufacturing auto components. This plant was designed and built to the specification of Daimler-Benz. In 1997, Daimler asked it to set up a dedicated facility for assembling and testing engines for Mercedes passenger cars to be made in India.
The company has been focusing on expanding its product portfolio and strengthening its market position. The company launched a completely new platform of vans, an extension of the Traveller range and branded the 'Urbania' as a high segment niche product. Additionally, the company introduced the high-tech 33- and 41-seater lightweight monocoque buses, which they claim are a global first with a weight advantage of approximately 1 tonne compared to competitors.
Looking ahead, Force Motors plans to introduce electric variants of its entire van portfolio in a phased manner, starting with the Traveller, with a new variant being launched every six months. Also, an electric version of Urbania is expected to get rolled out by end of next year.
The company has also streamlined its operations by the Force Motors Board has decided to log out of its tractor business with effect from March 31, 2024. The decision to exit the tractor business is part of its product rationalization program.
- Revenue: ₹8,072 Crore (FY25)
- Net Profit: ₹801 Crore (FY25)
- Promoter Holding: 61.6%
- Market Cap: ₹18,779 Crore (July 2025)
It is headquartered in Pune, Maharashtra and is led by Chairman Abhay Firodia and Managing Director Prasan Firodia. In a recent corporate development, Force Motors appoints Rishi Luharuka as new CFO from June 10, 2025; Sanjay Bohra resigns June 9.
Force Motors continues to strengthen its position as one of India's leading commercial vehicle manufacturers, with its diverse product portfolio spanning from utility vehicles to specialty transport solutions, backed by strong financial performance and strategic technology partnerships with global automotive leaders.
