Hercules Hoists Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Amit Bhalla

Chief executive officer

₹15.4m

Total compensation

CEO salary percentage	100.0%
CEO tenure	3.3yrs
CEO ownership	n/a
Management average tenure	less than a year
Board average tenure	8.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Amit Bhalla's remuneration changed compared to Hercules Hoists's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹1b
Sep 30 2023	n/a	n/a	₹1b
Jun 30 2023	n/a	n/a	₹1b
Mar 31 2023	₹15m	₹15m	₹1b
Dec 31 2022	n/a	n/a	₹191m
Sep 30 2022	n/a	n/a	₹156m
Jun 30 2022	n/a	n/a	₹159m
Mar 31 2022	₹7m	₹7m	₹149m
Dec 31 2021	n/a	n/a	₹168m
Sep 30 2021	n/a	n/a	₹135m
Jun 30 2021	n/a	n/a	₹89m
Mar 31 2021	₹11m	₹3m	₹78m

Compensation vs Market: Amit's total compensation ($USD184.64K) is about average for companies of similar size in the Indian market ($USD193.65K).

Compensation vs Earnings: Amit's compensation has increased by more than 20% in the past year.

CEO

Amit Bhalla (46 yo)

3.3yrs

Tenure

₹15,420,000

Compensation

Mr. Amit Bhalla serves as the President and Chief Executive Officer at Hercules Hoists Limited since January 01, 2021. Mr. Bhalla has vast experience in the strategy, corporate planning, sales and marketin...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Amit Bhalla	CEO & President	3.3yrs	₹15.42m	no data
Hariprasad Nevatia	Whole Time Director	no data	₹332.00k	no data
Girish Jethmalani	Chief Financial Officer	less than a year	no data	no data
Vivek Maru	Company Secretary & Chief Compliance Officer	less than a year	no data	no data
Debi Padhy	Senior General Manager of Sales	no data	no data	no data

0.4yrs

Average Tenure

Experienced Management: 505720's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Hariprasad Nevatia	Whole Time Director	22.5yrs	₹332.00k	no data
Shekharkumar Bajaj	Non-Executive Chairman	34.4yrs	₹190.00k	14.84% ₹ 2.2b
Niravnayan Bajaj	Non Executive Director	4.9yrs	₹150.00k	no data
Shruti Jatia	Additional Non Executive & Independent Director	9.5yrs	₹300.00k	no data
Vandan Shah	Non-Executive & Independent Director	8.3yrs	₹400.00k	no data
K. Mallya	Independent Director	less than a year	no data	no data

8.9yrs

Average Tenure

63yo

Average Age

Experienced Board: 505720's board of directors are considered experienced (8.9 years average tenure).

Hercules Hoists Management

Management criteria checks 2/4

Key information

Recent management updates

Hercules Hoists Limited Approves the Appointment of Vikram Taranath Hosangady as Independent Director

Hercules Hoists Limited Announces Resignation of Mr. Tejas Deepak Chikshe as Head of HR & Admin

Hercules Hoists Limited Announces Company Secretary and Compliance Officer Changes

Hercules Hoists Limited Announces Mr. Kiran Mukadam Resigns as the Company Secretary

Hercules Hoists Limited Appoints Neelima Bajaj Swamy as Non-Executive Director

Hercules Hoists Limited, Annual General Meeting, Aug 11, 2023

Recent updates

Hercules Hoists Limited Approves the Appointment of Vikram Taranath Hosangady as Independent Director

Hercules Hoists Limited Announces Resignation of Mr. Tejas Deepak Chikshe as Head of HR & Admin

Investor sentiment improves as stock rises 16%

Third quarter 2024 earnings released: EPS: ₹3.24 (vs ₹2.77 in 3Q 2023)

Hercules Hoists Limited Announces Company Secretary and Compliance Officer Changes

New minor risk - Share price stability

Hercules Hoists Limited to Report Q3, 2024 Results on Feb 09, 2024

Investor sentiment improves as stock rises 16%

Hercules Hoists Limited Announces Mr. Kiran Mukadam Resigns as the Company Secretary

Second quarter 2024 earnings released: EPS: ₹2.79 (vs ₹2.25 in 2Q 2023)

Hercules Hoists Limited to Report Q2, 2024 Results on Nov 04, 2023

Hercules Hoists Limited Appoints Neelima Bajaj Swamy as Non-Executive Director

Upcoming dividend of ₹2.50 per share at 0.6% yield

Full year 2023 earnings released: EPS: ₹32.28 (vs ₹4.67 in FY 2022)

Investor sentiment improves as stock rises 16%

Full year 2023 earnings released: EPS: ₹32.28 (vs ₹4.67 in FY 2022)

Hercules Hoists Limited Recommends Final Dividend for the Financial Year Ended 31 March 2023

Hercules Hoists Limited, Annual General Meeting, Aug 11, 2023

Hercules Hoists Limited to Report Q4, 2023 Results on May 26, 2023

Investor sentiment improves as stock rises 19%

Upcoming dividend of ₹0.50 per share at 0.9% yield

Third quarter 2023 earnings released: EPS: ₹2.77 (vs ₹1.69 in 3Q 2022)

Hercules Hoists Declares an Interim Dividend Payable on or Before March 10, 2023

Hercules Hoists Limited to Report Q3, 2023 Results on Feb 09, 2023

Investor sentiment improved over the past week

Insider recently sold ₹1.3b worth of stock

Insufficient new directors

Second quarter 2023 earnings released: EPS: ₹2.25 (vs ₹2.32 in 2Q 2022)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Hercules Hoists Limited Approves Dividend for the Financial Year 2021-22

Insufficient new directors

Upcoming dividend of ₹1.85 per share

Full year 2022 earnings released: EPS: ₹4.67 (vs ₹2.43 in FY 2021)

Hercules Hoists Limited Recommends Special Dividend

Insufficient new directors

Hercules Hoists Limited, Annual General Meeting, Aug 11, 2022

Full year 2022 earnings released: EPS: ₹4.67 (vs ₹2.43 in FY 2021)

Hercules Hoists Limited Recommends Special Dividend for the Financial Year 2021-22

Upcoming dividend of ₹0.75 per share

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Hercules Hoists Limited Declares Interim Dividend

Second quarter 2022 earnings released: EPS ₹2.32 (vs ₹0.88 in 2Q 2021)

Upcoming dividend of ₹1.50 per share

Full year 2021 earnings released: EPS ₹2.43 (vs ₹4.06 in FY 2020)

Investor sentiment improved over the past week

CEO & President recently bought ₹4.9m worth of stock

Hercules Hoists Limited Recommends Dividend

Full year 2021 earnings released: EPS ₹2.43 (vs ₹4.06 in FY 2020)

Hindustan Unilever Limited (BSE:500696) made a proposal to acquire 1.25 MW Three Windmills in Khori, Maharashtra from Hercules Hoists Limited (BSE:505720).

Third quarter 2021 earnings released: EPS ₹0.65 (vs ₹0.37 in 3Q 2020)

Hercules Hoists Limited to Report Q3, 2021 Results on Feb 09, 2021

New 90-day high: ₹137

Hercules Hoists Limited Appoints Amit Bhalla as CEO, Effective January 1, 2020

Hercules Hoists Limited Appoints Amit Bhalla as President, Effective January 1, 2020

Investor sentiment improved over the past week

Market bids up stock over the past week

New 90-day high: ₹115

New 90-day high: ₹102

Hercules Hoists Limited Announces Retirement of Prakash Subramaniam as CEO, Effective December 31, 2020

Second quarter 2021 earnings released: EPS ₹0.88

Hercules Hoists Limited to Report Q1, 2021 Results on Aug 13, 2020

New 90-day high - ₹102

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure