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Hercules Hoists Ltd. Stock Analysis

Small Cap
Evaluated by 336 users | BSE: 505720 | NSE: HERCULES |
Engineering - Industrial Equipments
Hercules Hoists, a part of the Bajaj group, one of the India’s prime business houses was established in 1962 is a manufacturer of material-handling equipment. It has a diverse product range that encompasses chain pulley blocks, electric hoists, cranes, etc. that fulfills the storage,...

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 28.89%23.27%18.48%11.87%7.08%7.2%2.41%2.18%2.57%2.59%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 11912112410497.591.173.175.510283
Y-o-Y Gr. Rt.-1.4%2.2%-15.7%-6.5%-6.5%-19.8%3.3%35.4%-18.8%
Adjusted EPS (Rs.) 9.359.348.716.23.924.171.972.443.243.09
Y-o-Y Gr. Rt.--0.1%-6.8%-28.8%-36.8%6.4%-52.8%23.9%32.8%-4.6%
Book Value per Share (Rs.) 35.4643.0949.9554.3856.3258.67106.03118.77133.37105.39
Adjusted Net Profit 29.929.927.919.912.513.36.37.810.49.9
Net Op. Cash Flow (Rs. Cr.) 18.312.23-0.712.9-3.812.215.112.810.2
Debt to Cash Flow from Ops 0.090.340.1800-1.930000
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Hercules Hoists Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -4%-3.2%4.3%-18.8%
Adjusted EPS -11.6%-4.7%16.2%-4.6%
Book Value per Share 12.913.4-0.2-21
Share Price -3.2% -13.2% -13.7% 0.9%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 29.5323.7818.7211.897.087.252.392.172.572.59
Operating Profit Margin (%) 34.5330.725.6118.889.87.281.755.16.442.51
Net Profit Margin (%) 25.0624.6922.5419.0412.8614.638.6110.3610.1311.92
Debt to Equity 0.010.030000.040000
Working Capital Days 272349436470436532604493343403
Cash Conversion Cycle 637982102128156192200134144
Entity Percentage Holding
Promoters 69.61%
Non-Institutions 30.39%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Hercules Hoists's performance infers:

Hercules Hoists earnings have declined by -4.7%, whereas share price has depreciated -13.2% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Hercules Hoists share prices over the last 10 years. Here is what we found out:

Hercules Hoists share price has depreciated -6% annually over the past ten years.

Hercules Hoists, a part of the Bajaj group, one of the India’s prime business houses was established in 1962 is a manufacturer of material-handling equipment. It has a diverse product range that encompasses chain pulley blocks, electric hoists, cranes, etc. that fulfills the storage, retrieval and material handling needs of companies around the world.

The ISO 9001:2000 certified company offers products including chain pulley blocks, wire rope hoists, trolleys, chain electric hoists,

Hercules Hoists, a part of the Bajaj group, one of the India’s prime business houses was established in 1962 is a manufacturer of material-handling equipment. It has a diverse product range that encompasses chain pulley blocks, electric hoists, cranes, etc. that fulfills the storage, retrieval and material handling needs of companies around the world.

The ISO 9001:2000 certified company offers products including chain pulley blocks, wire rope hoists, trolleys, chain electric hoists, EOT/HOT cranes, light profile crane systems, stacker cranes, lever hoists, winches and roll out racks. It has a modern manufacturing facility in Mumbai equipped with an up-to-date machine shop and rows of assembly lines and testing equipment.

HHL has set up a sprawling factory at Mulund, Mumbai where it manufactures its range of products. It utilizes a state-of-the-art machine shop, ultra modern assembly lines and accurate testing equipment. With a workforce of over one hundred workmen and 87 staff comprising officers and engineers, the company enforces strict quality control at every stage of the manufacturing process - right from selection of raw material to the inspection of the finished product.

Towards the goal of reaching a global market, Hercules Hoists Ltd. has specially set up a marketing division, headed by general manager- marketing and supported by business facilitators station at strategic locations for direct interaction with customers. Its products are now marketed through out India by 45 authorized marketing associates and network of dealers, representatives and liaison agents. It registered sales of nearly Rs. 300 million for the current financial year, making it the undisputed No. 1 brand with the largest market share. The company has also made its mark on the global scene by supplying material handling equipment to European, Middle East, Africa and South East Asian Countries.

The company sells its products under the brand name Indef. The whole range of INDEF material handling equipment manufactured by Hercules Hoists Limited. The marketing division has a network of 45 authorized marketing associates, 100 dealers, service agents and liaison agents across India. It has appointed business facilitators at several strategic locations to facilitate business transactions and to estimate customer application needs. The client list includes state electricity boards like MESB and BSES; automobile majors like Telco and Mahindra & Mahindra; steel plants like Bokaro and TISCO; and cement companies like L&T and ACC and several others.

Products range of the company includes:

  • Chain Pulley Block
  • Chain Electric Hoist
  • Wire Rope Hoist
  • Trolleys
  • EOT /HOT Cranes
  • Light Profile Crane Systems
  • Stacker Cranes
  • Lever Hoists
  • Roll Out Racks
  • Winch
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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