Shares of Force Motors Limited, an automotive manufacturer, saw a significant drop to a 52-week low level following disappointing sales figures for May 2026. The company’s domestic sales hit an 18-month low, leading to a 5.93% decline in stock value on the National Stock Exchange. This marks the third consecutive trading session where the stock has fallen.
Force Motors reported a 15.35% year-on-year decrease in total sales for May 2026, with a total of 2,614 units sold compared to 3,088 units in the same period last year. Domestic sales, including various vehicle types, fell by 14.72% to 2,560 units from 3,002 units in May 2025. Export volumes also took a hit, dropping by 37.21% year-on-year to 54 units.
Investor sentiment was negatively impacted by the poor sales performance, resulting in a double-digit decline in Force Motors shares over the past week and month. Year-to-date, the stock is down by 14.43%. This sales data follows a recent sharp decline in profitability for the company during the March quarter of FY26.
Force Motors recorded a 36.30% decrease in standalone profit after tax (PAT) in Q4 FY26, amounting to Rs 273.67 crore compared to Rs 429.64 crore in the same period last year. Despite this, revenue from operations increased by 8.22% year-on-year to Rs 2,549.72 crore in the quarter. The company also introduced the new Force Traveller N Range last month, catering to delivery van, ambulance, and school bus applications, featuring enhanced features for a better user experience.
