Force Motors - racing ahead!

Not one but two sunroofs, the Force Trax Cruiser Safari Edition…

Read more at: ഒന്നല്ല രണ്ട് സൺറൂഫ്, ഫോഴ്സ് ട്രാക്സ് ക്രൂസർ സഫാരി വേർഷൻ | Auto News., Force Trax Cruiser based jungle safari SUV revealed

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Digital Transformation Trends in Industry by Anand Deodhar, CIO of Force Motors
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Watch the full video:- https://youtu.be/dxdMNoff6Kw

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Force Gurkha Military Ambulance Spotted Testing In Green Shade

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Copyright (C) ‘RUSH LANE’ Read more at… https://www.rushlane.com/force-gurkha-military-ambulance-spotted-testing-in-green-shade-12482948.html?utm_source=dlvr.it&utm_medium=twitter .

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Karnataka launches 262 Force Motors ambulances under ‘108’ service; fleet now 715.

Read more at: Karnataka launches 262 ambulances under ‘108’ service; fleet now 715
Karnataka launches 262 ambulances under ‘108’ service; fleet now 715

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With tourism growing , one can see demand growth in URBANIA segment for higher middle class and traveller growth in middle class.

Tourism in India has not even scratched the surface and can see a consistent CAGR growth of 10-12% for over a decade.

Disclosure: Invested for long term as a tourism theme and a company which has undisputable and enviable monopoly in a consistently growing market segment.

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Monthly sales and production figures are not encouraging on a sequential basis, however November has generally been a lean period historically. Figures are expected to improve in coming months. We should not expect much from Q3 figures and market is factoring the same.

Can any body advise the traction of sales of Urbania at ground level. I have tried to do some enquiries and the main thing was the price band of Urbania which generally starts from 30 Lacs as against 15 lac for Traveller.

URBANIA EX-SHOWROOM PRICE
URBANIA 3350WB FM2.6CR BSVI.2 AC PS ESP 10D IFS ₹ 30,35,437
URBANIA 3615WB FM2.6CR BSVI.2 AC PS ESP 13D IFS ₹ 29,83,165
URBANIA 4400WB FM2.6CR BSVI.2 AC PS ESP 17D RFS ₹ 32,15,875
URBANIA MB 3615WB FM2.6CR BSVI.2 AC PS ESP 12D IFS ₹ 33,58,358
URBANIA MB 3350WB FM2.6CR BSVI.2 AC PS ESP 9D IFS ₹ 30,35,437
URBANIA 4400WB FM2.6CR BSVI OBD II AC PS ESP 13D RFS LC ₹ 32,02,173
URBANIA 4400WB FM2.6CR BSVI OBD II AC PS ESP 12D RFS LC ₹ 36,01,833

Note:

  1. Price of OBD-II models effective from 1st October 2023
  2. Prices exclude TCS, registration charges & taxes which be applicable subject state regulations, Kindly contact nearest dealership for more details.
TRAVELLER STANDARD 3050 MM WB EX-SHOWROOM PRICE
T1 MB 3050 HR FM2.6CR BSVI.2 G32 PS 13D ABS ₹ 14,30,572
T1 MB 3050 FM 2.6CR BSVI.2 G32 PS AC 9D ABS ₹ 18,06,592
T1 MB 3050 HR FM2.6CR BSVI.2 G32 PS 9D ABS ₹ 16,66,513
T1 MB 3050 FR FM2.6CR BSVI.2 G32 PS 12D ABS ₹ 16,10,805

TRAVELLER STANDARD 3350 MM WB EX-SHOWROOM PRICE
T1 SHELL 3350 FM2.6CR BSVI.2 G32 PS 14D ABS ₹ 16,45,837
T1 MB 3350 FM2.6CR BSVI.2 G32 PS AC 9D ABS ₹ 21,27,628
T1 MB 3350 FM2.6CR BSVI.2 G32 PS AC 12D ABS ₹ 21,18,702
T1 MB 3350 FM2.6CR BSVI.2 G32 PS AC 13D ABS ₹ 18,84,180
T1 MB 3350 FM2.6CR BSVI.2 G32 PS AC 13D ABS ₹ 18,84,180
T1 MB 3350 FM2.6CR BSVI.2 G32 PS 14D ABS ₹ 17,09,340
T1 SHELL 3350 FM2.6CR BSVI.2 G32 PS 12D ABS ₹ 18,49,142

TRAVELLER STANDARD 3700 MM WB EX-SHOWROOM PRICE
T1 MB 3700 FM2.6CR BSVI.2 17D HB PS ABS ₹ 18,98,917
T1 MB 3700 FM2.6CR BSVI.2 PS AC ABS 17D LUX ₹ 20,78,536
T1 MB 3700 FM 2.6CR BSVI.2 PS AC ABS 12D LUX ₹ 24,10,412
T1 MB 3700 FM2.6CR BSVI.2 12D HB PS ABS ₹ 21,17,744
TRAVELLER STANDARD 3700 MM WB (CNG) EX-SHOWROOM PRICE
T1 MB 3700 FM2.6 CNG BSVI.2 PS 17D HB ABS ₹ 20,43,447

TRAVELLER STANDARD 4020 MM WB EX-SHOWROOM PRICE
T1 MB 4020 FM2.6CR BSVI.2 PS 20D HB ABS UPG ₹ 19,73,275
T1 MB 4020 FM2.6CR BSVI.2 PS 19D HB ABS ₹ 19,73,275
TRAVELLER STANDARD 4020 MM WB (CNG) EX-SHOWROOM PRICE
T1 MB 4020 FM2.6 CNG BSVI.2 PS 20D HB ABS ₹ 21,31,401

TRAVELLER STANDARD 3350 MM WB EX-SHOWROOM PRICE
T2 MB SHELL 3350 FM2.6CR BSVI.2 PS 12D ABS ₹ 18,93,912

TRAVELLER STANDARD 4020 MM WB EX-SHOWROOM PRICE
T2 MB SHELL 4020 FM2.6CR BSVI.2 PS 19D ABS ₹ 19,82,860
T2 SHELL 4020 FM2.6CR BSVI.2 PS 12D ABS ₹ 22,08,616
T2 MB 4020 FM2.6CR BSVI.2 PS 22D ABS ₹ 20,76,630
T2 MB 4020 FM2.6CR BSVI.2 PS AC 22D ABS ₹ 23,19,913
T2 MB SHELL 4020 FM2.6 CR BSVI.2 PS 15D ABS ₹ 19,82,860
T2 MB 4020 FM2.6CR BSVI.2 PS 25D ESP TYP2 ₹ 21,31,160
T2 MB 4020 FM2.6CR BSVI.2 PS AC 25D ESP TYP2 ₹ 23,93,889
TRAVELLER STANDARD 4020 MM WB (CNG) EX-SHOWROOM PRICE
T2 MB 4020 FM2.6TCIC CNG BSVI.2 PS 22D ABS ₹ 21,95,859

Delivery Vans


TRAVELLER DELIVERY VAN 3050 MM WB EX-SHOWROOM PRICE
T1 DV 3050 FM2.6CR BSVI.2 PS ABS AIR BLOWER ₹ 13,99,791
T1 DV SHELL 3050 FM2.6CR BSVI.2 PS ABS AIR BLOWER ₹ 13,86,289
T1 UV 3050 FM2.6CR BSVI.2 PS 5+D ABS AIR BL SLD ₹ 14,44,283
T1 DV 3050 FM2.6CR BSVI.2 PS AIR BLOWER ₹ 13,74,781
T1 DV 3050 FM 2.6CR BSVI.2 PS SLD LH AIR BLOWER ₹ 13,64,012
T1 CASHVAN BODY SHELL 3050 BSVI.2 PS 4D ABS AIR BL ₹ 13,58,481

TRAVELLER DELIVERY VAN 3350 MM WB EX-SHOWROOM PRICE
T1 DV 3350 FM2.6CR BSVI.2 PS AIR BLOWER ₹ 14,75,306
T1 DV 3350 FM2.6CR BSVI.2 PS SLD AIR BLOWER ₹ 15,05,068
T1 DV 3350 FM2.6CR BSVI.2 PS ABS SLD AIR BLOWER ₹ 15,30,572
T1 DV 3350 FM2.6CR BSVI.2 PS ABS AIR BLOWER ₹ 15,00,809
T1 UV 3350 FM2.6CR BSVI.2 PS 5+D ABS AIR BL SLD ₹ 15,52,425
T1 DV SHELL 3350 BSVI.2 PS 6D ABS AIR BLOWER ₹ 14,88,058
T1 DV SHELL 3350 FM2.6CR BSVI.2 PS ABS AIR BLOWER ₹ 14,87,306
T1 CASHVAN BODY SHELL 3350 BSVI.2 PS 6D ABS AIR BL ₹ 14,60,293

TRAVELLER DELIVERY VAN 3700 MM WB EX-SHOWROOM PRICE
T1 DV 3700 FM2.6CR BSVI.2 PS ABS AIR BLOWER ₹ 16,39,464
T1 DV SHELL 3700 FM2.6CR BSVI.2 PS ABS AIR BLOWER ₹ 16,19,962
T1 DV 3700 FM2.6CR BSVI.2 PS AIR BLOWER ₹ 15,99,430
T1 DV 3700 FM2.6CR BSVI.2 PS SLD AIR BLOWER ₹ 15,99,430

TRAVELLER DELIVERY VAN 4020 MM WB EX-SHOWROOM PRICE
T1 DV 4020 FM2.6CR BSVI.2 PS ABS AIR BLOWER ₹ 16,72,517
T1 DV 4020 FM2.6CR BSVI.2 PS AIR BLOWER ₹ 16,40,602
T1 DV 4020 FM2.6CR BSVI.2 PS SLD AIR BLOWER ₹ 16,71,960
T1 DV SHELL 4020 FM2.6CR BSVI.2 PS ABS AIR BLOWER ₹ 16,53,016

TRAVELLER DELIVERY VAN 4020 MM WB EX-SHOWROOM PRICE
T2 DV 4020 FM2.6CR BSVI.2 PS ABS AIR BLOWER ₹ 17,82,107
T2 DV SHELL 4020 FM2.6CR BSVI.2 PS ABS AIR BLOWER ₹ 17,51,956

Ambulances


TRAVELLER AMBULANCE 3350 MM WB EX-SHOWROOM PRICE
T1 AMB 3350 FM 2.6 BS VI.2 9+D+P PS ABS AIS125 TYPE-B ₹ 19,21,894
T1 AMB 3350 FM2.6CR BSVI.2 9+D+P AC PS ABS TYPE-B SAC WITH PARTITION ₹ 20,38,523
T1 AMB 3350 FM2.6CR BSVI.2 9+D+P PS AC ABS TYPE-C MG ₹ 26,05,312
T1 AMB 3350 FM2.6CR BSVI.2 9+D+P AC PS ABS AIS125 TYPE-C ₹ 26,05,312
T1 AMB 3350 FM2.6CR BSVI.2 9+D+P PS ABS AIS125 TYPE-C ₹ 24,63,254
T1 AMB 3350 FM2.6CR BSVI.2 9+D+P AC PS ABS AIS125 TYPE-B ₹ 20,67,169
T1 AMB (SHELL) 3350 BSVI.2 9+D+P PS ABS ₹ 18,60,874
T1 AMB 3350 FM2.6CR BSVI.2 10+P AC PS ABS AIS125 TYPE-D ₹ 30,01,439

TRAVELLER AMBULANCE 3350 MM WB EX-SHOWROOM PRICE
T2 AMB 3350 FM2.6CR BSVI.2 PS ABS (D+2P+3) TYPE-B ₹ 20,45,403

School Buses


TRAVELLER SCHOOL BUS 31+D EX-SHOWROOM PRICE
T2 SCB SHELL 4020 FM2.6CR BSVI.2 PS 31D ESP FDSS VIN ₹ 19,78,026
T2 SCB 4020 FM2.6CR BSVI.2 PS 31D ESP FDSS VNL ₹ 21,15,473

TRAVELLER SCHOOL BUS 25+D EX-SHOWROOM PRICE
T2 SCB 4020 FM2.6CR BSVI.2 PS 25D ESP FDSS ₹ 21,21,884
T2 SCB 4020 FM2.6CR BSVI.2 AC PS 25D ESP UPG FDSS ₹ 25,59,430
T2 SCB 4020 FM2.6CR BSVI.2 PS 25D ESP FDSS VNL ₹ 21,04,265
T2 SCB SHELL 4020 FM2.6CR BSVI.2 PS 25D ESP FDSS VNL ₹ 19,78,026
T2 SCB 4020 FM2.6CR BSVI.2 PS 25D ESP UPG FDSS - W/o Emerg Door ₹ 21,21,884
T2 SCB 4020 FM2.6CR BSVI.2 AC PS 25D ESP UPG FDSS - W/o Emerg Door ₹ 25,59,430
T2 SCB 4020 FM2.6CR BSVI PS 25D ESP FDSS VNL - W/o Emerg Door ₹ 21,04,265
T2 SCB SHELL 4020 FM2.6CR BSVI.2 PS 25D ESP FDSS VNL - W/o Emerg Door ₹ 19,78,026

TRAVELLER SCHOOL BUS 14/17+D EX-SHOWROOM PRICE
T1 SCB 3350 2.6 BSVI.2 PS 17 D ABS FDSS VNL ₹ 16,07,599
T1 SCB 3350 FM2.6CR BSVI.2 PS 14D ABS FDSS ₹ 16,12,392
T1 SCB 3350 FM2.6CR BSVI.2 PS 14D ABS FDSS VNL ₹ 15,96,448
T1 SCB SHELL 3350 FM2.6CR BSVI.2 PS 17D FDSS VNL ₹ 15,73,716
T1 SCB 3700 FM2.6CR BSVI.2 PS 17D ABS FDSS VNL ₹ 17,53,539
T1 SCB 3700 FM2.6CR BSVI.2 AC PS 17D ABS FDSS ₹ 20,93,409
T1 SCB 3700 FM2.6CR BSVI.2 PS 17D ABS FDSS ₹ 17,70,611
T1 SCB 3050 HR FM2.6CR BSVI.2 PS 16D ABS FDSS VNL ₹ 15,07,955
TRAVELLER SCHOOL BUS 14/17+D (CNG) EX-SHOWROOM PRICE
T1 SCB 3350 FM2.6 CNG BSVI.2 PS 14D ABS FDSS ₹ 17,87,423
T1 SCB 3700 FM2.6 CNG BSVI.2 PS 17D ABS FDSS VNL ₹ 19,37,894

TRAVELLER SCHOOL BUS 20+D EX-SHOWROOM PRICE
T1 SCB 4020 FM2.6CR BSVI.2 PS 20D ABS FDSS VNL ₹ 19,12,370
TRAVELLER SCHOOL BUS 20+D (CNG) EX-SHOWROOM PRICE
T1 SCB 4020 FM2.6 CNG BSVI.2 PS 20D ABS FDSS ₹ 20,88,626
T1 SCB 4020 FM2.6 BSVI.2 CNG PS 20DABSFDSS W/O HATRACK ₹ 20,52,033

TRAVELLER SCHOOL BUS 21+D EX-SHOWROOM PRICE
T1 SCB 3700 FM2.6CR BSVI.2 PS 21D ABS FDSS VNL ₹ 17,64,856
T1 SCB SHELL 3700 FM2.6CR BSVI.2 PS 21D FDSS VNL ₹ 17,30,473

Note:

  1. Price of OBD-II models effective from 1st October 2023
  2. Prices exclude TCS, registration charges & taxes which be applicable subject state regulations, Kindly contact nearest dealership for more details.
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CHIEF MINISTER YOGI ADITYANATH FLAGGED OFF 352 AMBULANCE AND ADVANCED LIFE SUPPORT (ALS) AMBULANCE UNDER

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Force Motors opens new dealership based in Aizawl, Mizoram, with LBS to offer comprehensive support, providing sales, service, and spares for the Force range of vehicles in the region.

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UPDATE

Alpha Motors, the distributor of “FORCE MOTORS” in Guatemala started delivering Minidor to customers.

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Can the auto giant Force Motors survive CAFE emission norms?

Seems price hike is coming.

Force Kargo King Grand Spotted Testing – Desi G-Class Pickup Vibes

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Force Motors Rating outlook revised to Positive; Ratings Reaffirmed

FM Rating Rationale.pdf (479.5 KB)
Key Points:

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Force Motors is developing 100% Electric Variants for Four Platform

As per FM presentations it is developing Electric Vehicles based on following Four Platforms

  1. Intensive Operations : Traveller Staff Bus and School Bus
  2. Extreme GVW Operations: Traveller Smart Citibus, Staff Monobus and School Monobus
  3. Normal Operations : Traveller School Bus, Delivery Van and Minibus
  4. Multi Utility Operations : Trax Cargo, Passenger and Recreation

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Force Motors is investing in a 20 MW Solar Power Project, aiming to generate 50% of power requirement from renewable sources

URBANIA’S DEBUT IN NEPAL (NADA AUTO SHOW September 2023)

75,000TH ENGINE DISPATCHED TO THE BMW INDIA CAR PLANT AND 1,500 BMW ENGINES PRODUCED AND DISPATCHED IN AUGUST 2023

FORCE MTU : TOWARDS EXCELLENCE AND CREATION OF A GLOBAL FOOTPRINT

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Export of Urbania going to start in Africa region soon

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Hi ,
I have been following this thread and just taken a small position in this stock.
While browsing i came across the below mentioned article , wherein it is revealed that force motors had developed a Evplatform which operates both for ICE and Electric ( complete) .

If someone can clarify that if this platform is still being continued or newer developments are on in the direction of EV space in CV’s.
Thanks

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Force Motors#FORCE#FORCEMOTORS#FORCEMOT

Back in momentum
Good sales update 👌
Has been a solid December for Force

Sales going above 2500 nos again after seasonally lean Oct n Nov
(Oct n Nov both had decent YoY uptick)

December production at 2612 units
December sales at 2500… pic.twitter.com/L6l5Escu8k

— Shreenidhi P (@nid_rockz) January 5, 2024
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EV Traveller should be rolled out by 2nd half of 2024

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Q3 FY 2024 Estimate Update based on Sales Nos.:

With Q3-2024 total sales of 7,275 vehicles, FM is expected to report sales of Rs.1442 crore (a rough estimate). With a margin of 10% to 12 % FM is expected to report PAT of Rs.99 crore and Rs.127 crore respectively, alongwith EPS of Rs.76 and Rs.98. The jump in net profit is expected due to reduction in borrowings and expected increase in other income (interest).

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Q3 Sales update of Mercedes Benz and BMW India

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With total sales of 7108 during the Q3 FY 2024, there is growth of 7.32% in comparison to Q2 FY 2024, which bodes well for good contribution from auto components business for FM.

Mercedes New GLS की लॉन्चिंग कंपनी की 2024 में 12 कार लॉन्च करने की योजना…10 नए शहरों में करेंगे एंट्री…क्या है Mercedes का 2024 प्लान |

https://twitter.com/search?q=mercedes%20india&src=typed_query&f=live

CNBC-TV18: Interview

https://twitter.com/search?q=mercedes%20india&src=typed_query&f=live

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SHAREHOLDINGN PATTERN

https://www.screener.in/company/FORCEMOT/consolidated/#shareholding

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