CRISIL reaffirms FORCE MOTORS at CRISIL AA+
FORCE MOTORS (BSE: FORCEMOT) said CRISIL has reaffirmed its credit rating at CRISIL AA+, covering facilities or instruments of about ₹765 crore. The company is valued at about ₹23,141 crore.
What happened
FORCE MOTORS (BSE: FORCEMOT) informed the stock exchanges on 19 October 2026 at 06:27 PM that CRISIL has reaffirmed its credit rating at CRISIL AA+, covering facilities or instruments of about ₹765 crore.
Company snapshot
FORCE MOTORS is a small-cap company in the Automobile and Auto Components sector, with a market value of about ₹23,141 crore.
The stock last traded at ₹17,563, against a 52-week range of ₹16,109–₹26,450 (33.6% below the high).
Before this filing the shares had moved +1.8% over the month and −1.2% over three months. Average daily turnover over the last 20 sessions was about ₹101 crore.
Promoters held 61.63% at the end of Q1 FY27. Foreign institutions owned 9.52% and domestic institutions 1.46%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 2,297 | 176.3 | 133.82 |
| Q2 FY26 | 2,081 | 350.7 | 266.14 |
| Q3 FY26 | 2,129 | 406.1 | 308.22 |
| Q4 FY26 | 2,550 | 278.5 | 211.37 |
| Q1 FY27 | 2,440 | 216.6 | 164.36 |
What history shows
BCEIE has no earlier credit rating filing from this company on record since May 2026.
Across 44 similar disclosures by other Automobile and Auto Components companies, shares moved −0.1% on average the next day and −0.3% over five days; 41% of them rose the next day.
Market-wide, 1,316 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Whether other agencies take a similar view on the company's credit.
In the news
Recent coverage elsewhere (links open the original publisher):
- Force Motors Share Price Today, Force Motors Stock Price Live NSE/BSE Updates
- Honda Elevate [2023-2025] vs Mahindra Thar [2020-2025] vs Force Motors Force One
- Force Motors shareholders approve all 9 resolutions at 67th AGM
- Consumer court orders replacement or Rs 15 lakh refund after Force Motors vehicle developed engine defect
- Force Motors (NSE:FORCEMOT): What Does Its Q2 FY27 Depository Compliance Filing Mean?
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.