Shares of Force Motors surged 5% to ₹21,916 on Friday, January 2, 2026, following the company's robust December sales performance that closed 2025 on a strong footing. The multibagger stock, which delivered an exceptional 216% return in 2025, continues to attract investor interest as it ranks among the top performers in the Nifty 500 pack. According to recent market reports, the stock has demonstrated remarkable consistency by closing higher for the last four consecutive years, translating into a cumulative gain of 1,545%. From its 2013 trading price of ₹225, the stock has grown by an extraordinary 9,171% to reach current levels.
Force Motors delivered exceptional sales performance in December 2025, with total sales surging 50% year-on-year to 3,048 units, significantly higher from 2,036 vehicles sold in December 2024. The company disclosed this data under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as part of its routine monthly sales update on January 1, 2026. This robust performance demonstrates strong market demand across the automobile manufacturer's diversified vehicle portfolio and has been a key driver behind the stock's surge in Friday's trading session.
On the domestic front, Force Motors sold 2,952 vehicles in December 2025, marking a healthy 49% year-on-year growth from 1,985 units sold in December 2024. The domestic sales performance was driven across the company's diversified portfolio of small commercial vehicles (SCVs), light commercial vehicles (LCVs), utility vehicles (UVs) and sports utility vehicles (SUVs). This strong domestic performance contributed significantly to the overall growth momentum, representing the majority of total sales volumes and reflecting robust demand across multiple vehicle segments in the recovering Indian auto industry.
The company's export performance showed the highest increase among all segments, with sales jumping nearly 90% to 96 units in December 2025, compared to 51 units in the same month of the previous fiscal year. This exceptional export growth significantly outpaced the domestic market expansion, indicating Force Motors' successful international market penetration and global reach. The robust export performance, combined with strong domestic sales, contributed to the overall 50% increase in combined volumes, demonstrating the company's ability to capitalize on both domestic and international opportunities.
The consistent demand for Force Motors shares is supported by the company's improving financial performance. For Q2FY26, the company's net profit more than doubled year-on-year to ₹350.6 crore from ₹135 crore in the same period last year. Revenue from operations rose 7.2% to ₹2,081 crore from ₹1,941 crore, supported by steady demand across vehicle segments. Operating performance improved sharply with EBITDA climbing 28.3% to ₹362.1 crore from ₹282.3 crore, while the operating margin expanded to 17.4% from 14.5%, reflecting higher realisations and improved cost efficiency. For the first half of FY26, consolidated net profit more than doubled by 110.16% to ₹527.06 crore, supported by a 14.43% rise in revenue to ₹4,378.65 crore. As a Pune-based, fully vertically integrated automobile manufacturer with expertise in design, development, and production of automotive components, the company's diversified strategy positions it favorably in the competitive landscape.
