Hercules Hoists Ltd Stock Analysis

BSE: 505720 | NSE: HERCULES | Engineering - Industrial Equipments | Small Cap

BSE Share Price Jul 06, 18:01
125.05 -0.10 (-0.08%)

DeciZen - Make an Informed Decision on Hercules Hoists

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Fair

3. Price Trend

FAQs

1. Is Hercules Hoists Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Hercules Hoists Ltd is a average quality company.

2. Is Hercules Hoists Ltd undervalued or overvalued?

The key valuation ratios of Hercules Hoists Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Hercules Hoists Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Hercules Hoists Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Hercules Hoists:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

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.
Hercules Hoists Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 23.3%18.5%11.9%7.1%7.2%2.4%2.2%2.6%2.6%1.1%-
Value Creation Index 0.70.3-0.2-0.5-0.5-0.8-0.8-0.8-0.8-0.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 12112410497.591.173.175.51028378.4108
YoY Gr. Rt. %-2.2%-15.7%-6.5%-6.5%-19.8%3.3%35.4%-18.8%-5.6%-
Adj EPS 9.38.76.23.94.222.43.23.11.44.7
YoY Gr. Rt. %--6.8%-28.8%-36.8%6.4%-52.8%23.9%32.8%-4.6%-55.7%-
BVPS (₹) 43.15054.456.358.7106118.8133.4105.4154.5193.4
Adj Net Profit 29.927.919.912.513.36.37.810.49.94.415
Cash Flow from Ops. 12.23-0.712.9-3.812.215.112.810.215.5-
Debt/CF from Ops. 0.30.200-1.900000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -4.7%-3%1.3%-5.6%
Adj EPS -19.2%-20%-17.5%-55.7%
BVPS 15.221.49.246.6
Share Price -2.3% -4% 8.1% -19.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 23.818.711.97.17.32.42.22.62.61.12.7
Op. Profit Mgn % 30.725.618.99.87.31.85.16.42.50.96.4
Net Profit Mgn % 24.722.51912.914.68.610.410.111.95.613.8
Debt to Equity 00000000000
Working Cap Days 349436470436532604493343403361407
Cash Conv. Cycle 7982102128156192200134144119326

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 2.70%

Sales growth is good in last 4 quarters at 67.15%

Sales growth has been subdued in last 3 years 1.26%

Net Profit has been subdued in last 3 years -17.50%

Latest Financials - Hercules Hoists Ltd.

Standalone Consolidated
TTM EPS (₹) 4.7 1
TTM Sales (₹ Cr.) 108 29.4
BVPS (₹.) 193.4 0
Reserves (₹ Cr.) 616 16
P/BV 0.65 0.00
PE 26.81 132.08
From the Market
52 Week Low / High (₹) 113.00 / 179.65
All Time Low / High (₹) 1.03 / 414.04
Market Cap (₹ Cr.) 400
Equity (₹ Cr.) 3.2
Face Value (₹) 1
Industry PE 18.9

Management X-Ray of Hercules Hoists :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

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News

About Hercules Hoists Ltd

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
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