Hercules Hoists Limited manufactures and sells material handling equipment primarily in India.
+ 1 more risk
Flawless balance sheet second-rate dividend payer.
Share Price & News
How has Hercules Hoists's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 505720's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 505720 underperformed the Indian Machinery industry which returned -39.8% over the past year.
Return vs Market: 505720 underperformed the Indian Market which returned -30.6% over the past year.
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
Is Hercules Hoists undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 505720 (₹50.45) is trading above our estimate of fair value (₹32.19)
Significantly Below Fair Value: 505720 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 505720 is poor value based on its PE Ratio (16.4x) compared to the Machinery industry average (10x).
PE vs Market: 505720 is poor value based on its PE Ratio (16.4x) compared to the Indian market (9.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 505720's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 505720 is good value based on its PB Ratio (0.4x) compared to the IN Machinery industry average (0.8x).
How is Hercules Hoists forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Hercules Hoists has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Hercules Hoists's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Hercules Hoists competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Hercules Hoists performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 505720 has a large one-off gain of ₹35.0M impacting its December 31 2019 financial results.
Growing Profit Margin: 505720's current net profit margins (11.5%) are lower than last year (13.1%).
Past Earnings Growth Analysis
Earnings Trend: 505720's earnings have declined by -3.3% per year over the past 5 years.
Accelerating Growth: 505720's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 505720 had negative earnings growth (-25.1%) over the past year, making it difficult to compare to the Machinery industry average (-6.2%).
Return on Equity
High ROE: 505720's Return on Equity (2.3%) is considered low.
How is Hercules Hoists's financial position?
Financial Position Analysis
Short Term Liabilities: 505720's short term assets (₹1.1B) exceed its short term liabilities (₹108.9M).
Long Term Liabilities: 505720's short term assets (₹1.1B) exceed its long term liabilities (₹94.7M).
Debt to Equity History and Analysis
Debt Level: 505720 is debt free.
Reducing Debt: 505720 has no debt compared to 5 years ago when its debt to equity ratio was 0%.
Debt Coverage: 505720 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 505720 has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: 505720 has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if 505720's debt is covered by short term assets.
What is Hercules Hoists's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 505720's dividend (2.97%) is higher than the bottom 25% of dividend payers in the Indian market (0.95%).
High Dividend: 505720's dividend (2.97%) is low compared to the top 25% of dividend payers in the Indian market (4.16%).
Stability and Growth of Payments
Stable Dividend: 505720's dividend payments have been volatile in the past 10 years.
Growing Dividend: 505720's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (48.7%), 505720's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Prakash Subramaniam (59yo)
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.
|Whole Time Director||18.42yrs||₹332.00k||0.0050% ₹80.7k|
|President & CEO||7yrs||no data||no data|
|Chief Financial Officer||5.92yrs||no data||no data|
|Vice President of Operations||no data||no data||no data|
|Compliance Officer & Company Secretary||0.92yr||no data||no data|
|General Manager of Sales & Marketing||no data||no data||no data|
Experienced Management: 505720's management team is seasoned and experienced (5.8 years average tenure).
|Whole Time Director||18.42yrs||₹332.00k||0.0050% ₹80.7k|
|Chairman||no data||₹170.00k||11.69% ₹188.6m|
|Non-Executive & Independent Director||13.5yrs||₹290.00k||no data|
|Additional Director||0.83yr||no data||no data|
|Additional Non Executive & Independent Director||5.42yrs||₹90.00k||no data|
|Independent Director||4.17yrs||₹170.00k||0.16% ₹2.6m|
Experienced Board: 505720's board of directors are considered experienced (5.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hercules Hoists Limited's company bio, employee growth, exchange listings and data sources
- Name: Hercules Hoists Limited
- Ticker: 505720
- Exchange: BSE
- Founded: 1962
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: ₹1.614b
- Shares outstanding: 32.00m
- Website: https://www.indef.com
Number of Employees
- Hercules Hoists Limited
- Shelton Cubix, 501-504
- Plot No. 87
- Navi Mumbai
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|505720||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Aug 1998|
|HERCULES||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Aug 1998|
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 pulley blocks, ratchet lever hoists, pulling – lifting machines, and pull push or geared trolleys; and electrical solutions, such as electrical chain and wire rope hoists, hand operated, overhead travelling cranes, and electrical overhead travelling cranes, jib cranes, floor operated stackers for storage and retrieval, manipulators, and others. Its products are used in cargo terminals and ports, automotive, cement and construction, chemicals, energy and power, engineering and machine, building, food processing, logistics, mining metallurgy and metal processing, nuclear, oil and gas, petrochemicals, paper, rubber and plastics, and wood processing industries. The company distributes its products under the Indef, Stier, iCrane, and IStacker brands. It also generates power through four wind farms. Hercules Hoists Limited was founded in 1962 and is based in Navi Mumbai, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 12:39|
|End of Day Share Price||2020/04/01 00:00|
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.