BSE:505720

Stock Analysis Report

Executive Summary

Hercules Hoists Limited manufactures and sells material handling equipment primarily in India.

Snowflake

Fundamentals

Flawless balance sheet with moderate growth potential.

Risks

  • Hercules Hoists has significant price volatility in the past 3 months.
  • Hercules Hoists is not covered by any analysts.

Share Price & News

How has Hercules Hoists's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.1%

BSE:505720

-2.3%

IN Machinery

-2.1%

IN Market


1 Year Return

-33.9%

BSE:505720

-29.0%

IN Machinery

-14.7%

IN Market

505720 underperformed the Machinery industry which returned -28.8% over the past year.

505720 underperformed the Market in India which returned -14.6% over the past year.


Share holder returns

505720IndustryMarket
7 Day-4.1%-2.3%-2.1%
30 Day-8.6%-10.0%-3.9%
90 Day-31.1%-20.2%-10.1%
1 Year-32.7%-33.9%-27.8%-29.0%-12.9%-14.7%
3 Year-53.0%-54.6%-5.7%-9.3%17.7%11.5%
5 Year-59.5%-61.6%33.2%25.8%35.4%22.5%

Price Volatility Vs. Market

How volatile is Hercules Hoists's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Hercules Hoists undervalued based on future cash flows and its price relative to the stock market?

18.95x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Hercules Hoists's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Hercules Hoists's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Hercules Hoists is overvalued based on earnings compared to the IN Machinery industry average.

Hercules Hoists is overvalued based on earnings compared to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Hercules Hoists, we can't assess if its growth is good value.


Price Based on Value of Assets

Hercules Hoists is good value based on assets compared to the IN Machinery industry average.


Next Steps

Future Growth

How is Hercules Hoists expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

26.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Hercules Hoists is high growth as no revenue estimate data is available.

Hercules Hoists's earnings are expected to grow significantly at over 20% yearly.

Unable to compare Hercules Hoists's revenue growth to the India market average as no estimate data is available.

Hercules Hoists's earnings growth is expected to exceed the India market average.

Hercules Hoists's earnings growth is expected to exceed the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Hercules Hoists will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Hercules Hoists performed over the past 5 years?

-11.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Hercules Hoists's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Hercules Hoists's 1-year earnings growth exceeds its 5-year average (29.9% vs -11.3%)

Hercules Hoists's earnings growth has exceeded the IN Machinery industry average in the past year (29.9% vs 13.3%).


Return on Equity

Hercules Hoists has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Hercules Hoists used its assets less efficiently than the IN Machinery industry average last year based on Return on Assets.


Return on Capital Employed

Hercules Hoists's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Hercules Hoists's financial position?


Financial Position Analysis

Hercules Hoists is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Hercules Hoists's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Hercules Hoists has no debt.

Hercules Hoists currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Hercules Hoists has no debt, it does not need to be covered by operating cash flow.

Hercules Hoists has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Hercules Hoists has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Hercules Hoists's current dividend yield, its reliability and sustainability?

1.96%

Current Dividend Yield


Dividend Yield and Payments Analysis

Hercules Hoists's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.65%).

Hercules Hoists's dividend is below the markets top 25% of dividend payers in India (2.64%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.7x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Hercules Hoists's salary, the management and board of directors tenure and is there insider trading?

5.3yrs

Average management tenure


CEO

Prakash Subramaniam (59yo)

6.3yrs

Tenure

₹8,959,000

Compensation

Mr. Prakash Subramaniam has been the Chief Executive Officer and President at Hercules Hoists Limited since April 01, 2013. Mr. Subramaniam served as Joint President at Hercules Hoists Limited. 


CEO Compensation Analysis

Prakash's remuneration is lower than average for companies of similar size in India.

Prakash's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

5.3yrs

Average Tenure

The average tenure for the Hercules Hoists management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

4.8yrs

Average Tenure

52yo

Average Age

The tenure for the Hercules Hoists board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Hariprasad Nevatia (86yo)

    Whole Time Director

    • Tenure: 17.8yrs
    • Compensation: ₹332.00k
  • Vivek Mahendru

    Vice President of Operations

    • Tenure: 0.0yrs
  • Prakash Subramaniam (59yo)

    President & CEO

    • Tenure: 6.3yrs
    • Compensation: ₹8.96m
  • Vijay Singh

    Chief Financial Officer

    • Tenure: 5.3yrs
  • Kiran Mukadam

    Compliance Officer & Company Secretary

    • Tenure: 0.3yrs
  • Debi Padhy

    General Manager of Sales & Marketing

    • Tenure: 0.0yrs

Board Members

  • Shekhar Bajaj (71yo)

    Chairman

    • Tenure: 0.0yrs
    • Compensation: ₹170.00k
  • Hariprasad Nevatia (86yo)

    Whole Time Director

    • Tenure: 17.8yrs
    • Compensation: ₹332.00k
  • Gaurav Nevatia (46yo)

    Non-Executive & Independent Director

    • Tenure: 12.8yrs
    • Compensation: ₹290.00k
  • Niravnayan Bajaj (28yo)

    Additional Director

    • Tenure: 0.2yrs
  • Shruti Jatia (48yo)

    Additional Non Executive & Independent Director

    • Tenure: 4.8yrs
    • Compensation: ₹90.00k
  • Vandan Shah (56yo)

    Director

    • Tenure: 3.5yrs
    • Compensation: ₹170.00k

Company Information

Hercules Hoists Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hercules Hoists Limited
  • Ticker: 505720
  • Exchange: BSE
  • Founded: 1962
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: ₹2.451b
  • Shares outstanding: 32.00m
  • Website: https://www.indef.com

Number of Employees


Location

  • Hercules Hoists Limited
  • Shelton Cubix, 501-504
  • Plot No. 87
  • Navi Mumbai
  • Maharashtra
  • 400614
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
505720BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 1998
HERCULESNSEI (National Stock Exchange of India)YesEquity SharesININRAug 1998

Biography

Hercules Hoists Limited manufactures and sells material handling equipment primarily in India. It operates through two segments, Material Handling Equipment and Windmill Power. The company offers chain pul ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 12:38
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.