Interest in electromagnetic forming of sheet metals for automotive applications has been growing in recent years, due to its potential to form aluminium and other low formability materials. Further, to achieve the aim of weight reduction, some components are made of perforated sheet metals. The aim of this paper is to study and analyse the two stage electromagnetic forming of perforated aluminium sheet metals with the help of Finite Element method. The Electromagnetic force on the sheet is calculated using Ansys Emag by changing the parameters in current density, gap between coil and sheet, the coil thickness. The force is calculated for nine combinations of the three parameters. Taguchi orthogonal array is used to find the best combination of parameters. Also optimization of parameters controlling the electromagnetic force is found out using ANOVA technique. The obtained force is applied on the sheet and the corresponding deformation of the sheet is obtained using Ansys Structural. © 2014 Published by Elsevier Ltd.