Force Motors Share Price Falls Nearly 6% After May Sales Decline 15% YoY, Exports Drop 37%

Force Motors share price (NSE: FORCEMOT) came under pressure on June 2 after the company reported lower vehicle sales for May 2026. The stock fell as much as 5.9% during intraday trade on the BSE following the release of its monthly sales data.

At around 11:28 AM, the stock was trading 4.61% lower at ₹18,044.20 per share, while the BSE Sensex was down 0.11%.

May Sales Decline 15% Year-on-Year

Force Motors reported total sales of 2,614 units in May 2026, compared with 3,088 units in the same month last year. This represents a year-on-year decline of 15.35%.

The company's total sales include both domestic and export volumes.

Sales Performance Snapshot

Domestic Sales Also Under Pressure

Domestic sales across the company's small commercial vehicles (SCV), light commercial vehicles (LCV), utility vehicles (UV), and sports utility vehicles (SUV) categories declined 14.72% year-on-year.

The company sold 2,560 units in the domestic market during May 2026, compared with 3,002 units in May 2025.

Export Volumes See Sharp Drop

Export performance was weaker, with overseas shipments falling 37.21% year-on-year to 54 units in May 2026 from 86 units in the year-ago period.

The sharp decline in exports contributed significantly to the overall drop in monthly sales.

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About Force Motors

Founded in 1958, Force Motors is a fully integrated automobile manufacturer involved in the design, development and production of vehicles, aggregates and automotive components.

The company operates a modern research and development centre in Pune and employs more than 10,000 people. Its product portfolio includes light commercial vehicles, multi-utility vehicles and specialised vehicles designed for various customer requirements.

Force Motors has a sales and service network of more than 300 touchpoints across India and exports vehicles to over 25 countries, including markets in the Middle East, Asia, Latin America and Africa.

Conclusion

Force Motors shares reacted negatively after the company reported weaker sales performance for May 2026. A decline in both domestic and export volumes led to a 15% drop in total sales, with exports recording the sharpest fall. Investors will likely monitor upcoming monthly sales trends to assess whether demand improves in the coming months.

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