Force India Financial Statements

Force India (FORCEMOTORS) reported revenue of ₹80.72B in FY2025 with net income of ₹8.01B. Total assets stood at ₹51.34B and free cash flow was ₹6.05B.

Force India Income Statement

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FY 2024 – FY 2025

Item	Chart	2024	2025
Revenue		69.34B	80.72B
Cost of Rev. Cost of Revenue		-51.24B	-59.47B
Gross Profit		18.10B	21.25B
SGA Sales, General & Admin		-5.33B	-5.92B
Op. Income Operating Income		10.67B	6.95B
PBT Profit Before Tax		6.05B	12.38B
Net Income		3.88B	8.01B
Dil. Shares Diluted Shares		13.18M	13.18M
Diluted EPS		294.54	607.71

Figures in ₹ — millions (M), billions (B), trillions (T). EPS is earnings per share.

Understanding the Income Statement

The income statement shows Force India's revenue and expenses over a period. Revenue minus costs gives gross profit; after operating expenses, interest, and taxes, the remainder is net income. Diluted EPS divides net income by all shares that could exist if options and convertibles were exercised.

Force India Balance Sheet

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FY 2024 – FY 2025

Item	Chart	2024	2025
Curr. assets Total current assets		20.46B	25.80B
Non-curr. assets Total non-current assets		23.69B	25.54B
Total assets		44.15B	51.34B
Curr. liabilities Total current liabilities		16.36B	17.25B
Non-curr. liab. Total non-current liabilities		5.21B	3.73B
Total liabilities		21.57B	20.98B
Total equity		22.57B	30.36B
Total liab. & eq. Total liabilities & equity		44.15B	51.34B

Figures in ₹ — millions (M), billions (B), trillions (T).

Understanding the Balance Sheet

The balance sheet captures Force India's financial position at a point in time — what it owns (assets), what it owes (liabilities), and the residual value to shareholders (equity). Total assets always equals total liabilities plus equity.

Force India Cash Flow Statement

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FY 2024 – FY 2025

Item	Chart	2024	2025
Net Income		6.05B	12.38B
Operating CF Cash flow Operating Activities		10.14B	9.71B
Capex Investments in PPE		-2.08B	-3.67B
Investing CF Cash flow Investing Activities		-1.98B	-3.51B
Dividend Paid		-131.80M	-263.50M
Financing CF Cash flow Financing Activities		-5.09B	-5.62B
Cash (start) Cash at beginning of period		1.40B	4.48B
Cash (end) Cash at end of period		4.48B	5.07B
FCF Free Cash Flow		8.06B	6.05B

Figures in ₹ — millions (M), billions (B), trillions (T).

Understanding Cash Flow

The cash flow statement tracks how Force India's cash moves through operations, investing, and financing activities. Free cash flow — operating cash minus capital expenditure — shows what is available to return to shareholders.

Data from audited consolidated filings. For educational purposes only — not investment advice. Last update: Mar-2025