Hercules Hoists Ltd

Hercules Hoists Ltd

₹ 590 -1.41%
28 Aug - close price
About

Hercules Hoists Ltd offers a comprehensive range of products and services from manufacturing to the marketing of mechanical hoists, electric chain hoists, and wire rope hoists, stackers and storage and retrieval solutions, and other engineering machinery.[1]

It is a part of the Bajaj Group and its primary promoters are Bajaj Holdings & Investments Ltd, Jamnalal Sons Pvt Ltd and Bajaj Sevashram Pvt Ltd.[2]

Key Points

Product Offerings[1]
The Company provides solutions for overhead material handling including lifting, moving, and storing. The products & solutions offered by the company cover mechanical hoists (chain pulley blocks, ratchet lever hoists, pulling & lifting machines), electric chain hoists, electric wire rope hoists, cranes (hoist one track crane, electric overhead travelling crane, light profile, jib cranes), storage and retrieval solutions
including floor operated stackers etc., roll out racks, winches and manipulators etc. through its brands : **‘Bajaj Indef’, ‘iStacker’, ‘iCrane’ and ‘Stier’. **

  • Market Cap 1,892 Cr.
  • Current Price 590
  • High / Low 656 / 284
  • Stock P/E 51.0
  • Book Value 296
  • Dividend Yield 0.68 %
  • ROCE 5.66 %
  • ROE 4.35 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Company's working capital requirements have reduced from 59.6 days to 47.3 days

Cons

  • Earnings include an other income of Rs.23.0 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
35.71 47.47 41.05 41.24 39.94 57.30 38.14
30.60 43.21 36.51 36.01 33.91 43.99 32.51
Operating Profit 5.11 4.26 4.54 5.23 6.03 13.31 5.63
OPM % 14.31% 8.97% 11.06% 12.68% 15.10% 23.23% 14.76%
6.74 90.37 3.19 6.76 8.46 3.98 3.81
Interest 0.16 0.16 0.15 0.14 0.13 0.13 0.12
Depreciation 1.01 0.97 1.06 1.09 1.08 1.10 1.19
Profit before tax 10.68 93.50 6.52 10.76 13.28 16.06 8.13
Tax % 17.04% 9.16% 26.38% 17.19% 21.84% 26.21% 27.06%
8.85 84.95 4.81 8.92 10.38 11.85 5.94
EPS in Rs 2.77 26.55 1.50 2.79 3.24 3.70 1.86
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 TTM
151 180 177
134 150 146
Operating Profit 17 29 30
OPM % 11% 16% 17%
104 22 23
Interest 1 1 1
Depreciation 4 4 4
Profit before tax 116 47 48
Tax % 11% 23%
103 36 37
EPS in Rs 32.28 11.24 11.59
Dividend Payout % 9% 36%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 19%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 40%
Stock Price CAGR
10 Years: 11%
5 Years: 50%
3 Years: 63%
1 Year: 90%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
Equity Capital 3 3
Reserves 703 945
7 5
60 97
Total Liabilities 774 1,051
36 34
CWIP 0 0
Investments 662 944
76 73
Total Assets 774 1,051

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
12 28
-1 -22
-9 -10
Net Cash Flow 2 -3

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
Debtor Days 27 40
Inventory Days 124 83
Days Payable 77 84
Cash Conversion Cycle 74 39
Working Capital Days 72 47
ROCE % 6%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
69.61% 69.61% 69.61% 69.61% 69.61% 69.62% 69.62% 69.62% 69.62% 69.61% 69.61% 69.61%
0.01% 0.10% 0.07% 0.05% 0.02% 0.00% 0.03% 0.07% 0.11% 0.06% 1.92% 1.72%
30.38% 30.29% 30.32% 30.34% 30.37% 30.40% 30.35% 30.31% 30.28% 30.33% 28.46% 28.68%
No. of Shareholders 16,19115,83316,13015,76216,35315,95215,62315,69516,26716,62717,37517,504

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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