Sharescart Research Club logo

Hercules Investments Overview

1. Business Overview

Hercules Investments Ltd., operating in the Engineering - Industrial Equipments sector in India, is likely involved in the design, manufacturing, supply, installation, and/or servicing of various industrial machinery, components, systems, or complete plant solutions. Its core business model would typically revolve around business-to-business (B2B) sales, catering to a diverse range of end-user industries such as manufacturing, infrastructure, energy, and process industries. The company would make money through the sale of equipment, aftermarket parts, maintenance services, and the execution of engineering projects. The "Investments Ltd." in its name might also suggest a holding company structure or diversified financial activities alongside its core engineering operations, common in some Indian corporate groups.

2. Key Segments / Revenue Mix

Specific revenue segments for Hercules Investments Ltd. are not available. However, companies in this sector typically derive revenue from various categories which may include:

Product Sales: Manufacturing and selling standard or custom industrial equipment and components.

Project Execution: Undertaking larger engineering, procurement, and construction (EPC) contracts or specialized project work.

Aftermarket Services: Providing spare parts, maintenance, repairs, upgrades, and technical support.

Revenue mix can vary significantly based on the company's focus (e.g., product-centric vs. project-centric).

3. Industry & Positioning

The Engineering - Industrial Equipments industry in India is dynamic, characterized by a mix of domestic and international players. It is largely driven by capital expenditure cycles in core sectors like manufacturing, infrastructure, and utilities. The industry can be fragmented, with numerous smaller players specializing in niche products or services, alongside larger, more diversified engineering conglomerates. Without specific data, Hercules Investments Ltd.'s positioning could range from a specialized manufacturer in a particular equipment category, a provider of integrated project solutions, or a player focused on specific end-user industries (e.g., automotive, power, chemical). Competition often hinges on product quality, technological capability, pricing, delivery timelines, and after-sales service.

4. Competitive Advantage (Moat)

Without specific company details, potential competitive advantages (moats) for a company like Hercules Investments Ltd. in this sector could include:

Specialized Expertise: Niche engineering capabilities or proprietary technology for specific equipment or processes.

Customer Relationships: Long-standing relationships and trust with key industrial clients, often built over years through reliable performance.

Quality & Reliability: Reputation for manufacturing durable, high-performance equipment that reduces downtime for clients.

Service Network: An extensive and efficient after-sales service and spare parts network, critical for industrial equipment.

Cost Efficiency: Ability to produce high-quality equipment at competitive prices through optimized manufacturing processes or supply chains.

5. Growth Drivers

Key factors that could drive growth for Hercules Investments Ltd. over the next 3-5 years include:

Government Initiatives: "Make in India" campaigns and infrastructure development projects driving industrial capacity expansion.

Manufacturing Sector Growth: Expansion and modernization of various manufacturing industries (e.g., automotive, cement, steel, consumer goods) requiring new equipment and automation.

Technological Upgrades: Demand for more efficient, sustainable, and automated equipment to meet evolving industry standards and reduce operational costs.

Export Opportunities: Leveraging India's manufacturing base to cater to international markets.

Urbanization & Infrastructure: Continued investment in urban development, power generation, and transportation infrastructure.

6. Risks

Key business risks for Hercules Investments Ltd. and companies in this sector generally include:

Economic Cyclicality: The sector is highly sensitive to overall economic cycles and industrial capital expenditure, making it vulnerable to downturns.

Raw Material Volatility: Fluctuations in the prices of steel, non-ferrous metals, and other components can impact profitability.

Intense Competition: Pressure from both domestic and international players leading to pricing pressures and margin erosion.

Technological Obsolescence: Failure to innovate or adapt to new technologies can lead to loss of market relevance.

Project Execution Risks: Delays, cost overruns, or quality issues in large-scale projects can lead to financial penalties and reputational damage.

Regulatory & Environmental Changes: Strict environmental norms or changing industrial regulations can necessitate costly upgrades or impact operations.

7. Management & Ownership

Specific information regarding the promoters, management quality, or ownership structure of Hercules Investments Ltd. is not available. In India, many companies, particularly those with "Investments Ltd." in their name, are often promoter-led or part of larger business conglomerates with diverse interests. The quality of management would typically be assessed on factors such as strategic vision, operational efficiency, financial prudence, and corporate governance practices.

8. Outlook

The outlook for companies in the Engineering - Industrial Equipments sector in India is generally positive, driven by long-term growth prospects in the Indian economy, government thrust on manufacturing and infrastructure, and increasing industrialization. For Hercules Investments Ltd., continued growth could be supported by capitalizing on these macro trends, potentially through technological advancements, expanding its product/service portfolio, or strengthening its market reach. However, the company would need to navigate inherent industry risks such as economic cyclicality, intense competition, and volatile input costs. Its ability to maintain a competitive edge through innovation, quality, and strong customer relationships will be crucial for sustained performance. The specific nature of its "Investments" component could also offer diversification or present additional complexities depending on its scale and strategy.

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

Hercules Investments Key Financials

Market Cap ₹404 Cr.

Stock P/E 72.4

P/B 0.5

Current Price ₹126.3

Book Value ₹ 270.3

Face Value 1

52W High ₹238.5

Dividend Yield 0%

52W Low ₹ 85.9

Hercules Investments Share Price

| |

Volume
Price

Hercules Investments Quarterly Price

Show Value Show %

Hercules Investments Peer Comparison

Hercules Investments Quarterly Results

#(Fig in Cr.) Dec 2021 Mar 2022 Jun 2022 Sep 2022 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 28 31 31 37 0 0 0 0 0 0
Other Income 5 2 1 6 3 3 0 0 5 3
Total Income 33 33 32 43 3 3 0 0 5 3
Total Expenditure 26 31 28 32 0 0 0 0 0 0
Operating Profit 7 2 4 11 3 3 0 0 5 3
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 1 1 1 1 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 -1 0 0 0 0 0 0
Profit Before Tax 6 1 3 9 3 3 0 0 5 3
Provision for Tax 1 1 1 1 0 0 0 0 0 0
Profit After Tax 5 1 2 7 3 3 0 -0 5 3
Adjustments 0 0 0 0 0 0 0 -0 0 0
Profit After Adjustments 5 1 2 7 3 3 0 -0 5 3
Adjusted Earnings Per Share 1.7 0.2 0.7 2.2 0.8 0.9 0 -0 1.6 0.8

Hercules Investments Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 97 91 73 75 102 83 78 108 151 180 0 0
Other Income 11 13 12 10 13 17 12 16 20 22 6 8
Total Income 108 104 85 85 115 100 90 124 170 202 6 8
Total Expenditure 88 85 72 72 96 81 78 102 136 150 0 0
Operating Profit 20 19 13 14 19 20 12 23 34 52 6 8
Interest 0 0 0 0 0 0 0 0 1 1 0 0
Depreciation 3 2 3 3 3 4 3 2 4 4 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 -2 86 0 0 0
Profit Before Tax 18 17 10 11 16 16 10 18 116 47 6 8
Provision for Tax 5 3 2 1 3 3 2 4 13 11 0 0
Profit After Tax 13 13 8 10 13 13 8 15 103 36 6 8
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 13 13 8 10 13 13 8 15 103 36 6 8
Adjusted Earnings Per Share 4 4.2 2.5 3.1 4 4.1 2.4 4.7 32.3 11.3 1.7 2.4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -100% -100% -100% -100%
Operating Profit CAGR -88% -36% -21% -11%
PAT CAGR -83% -26% -14% -7%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -25% -21% 1% -2%
ROE Average 1% 7% 5% 5%
ROCE Average 1% 8% 6% 6%

Hercules Investments Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 180 188 339 380 427 337 494 619 707 948 846
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 5 4 3 3 8 4 17 32 38 66 93
Total Current Liabilities 31 51 11 14 16 11 15 28 29 36 1
Total Liabilities 215 243 354 397 451 352 525 679 774 1051 940
Fixed Assets 25 26 35 34 35 33 32 29 36 34 0
Other Non-Current Assets 61 65 216 266 303 210 403 512 647 899 928
Total Current Assets 129 151 104 97 112 109 90 138 91 118 12
Total Assets 215 243 354 397 451 352 525 679 774 1051 940

Hercules Investments Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 0 1 1 1 5 2 4 14 16 0
Cash Flow from Operating Activities 13 -4 12 15 13 10 16 14 12 28 8
Cash Flow from Investing Activities -8 3 1 -11 -5 -7 -9 3 -1 -22 6
Cash Flow from Financing Activities -6 1 -13 -4 -5 -6 -6 -7 -9 -10 -13
Net Cash Inflow / Outflow -1 1 -0 -0 3 -2 1 10 2 -3 1
Closing Cash & Cash Equivalent 0 1 1 1 5 2 4 14 16 12 1

Hercules Investments Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 3.95 4.15 2.49 3.06 4 4.06 2.43 4.67 32.28 11.26 1.74
CEPS(Rs) 4.76 4.84 3.3 3.97 4.94 5.16 3.33 5.44 33.52 12.61 1.74
DPS(Rs) 1.5 1.5 1 1.25 1.5 1.8 1.5 2.6 3 4 0
Book NAV/Share(Rs) 56.32 58.67 106.03 118.77 133.37 105.39 154.5 193.44 220.83 296.23 264.53
Core EBITDA Margin(%) 8.93 6.52 1.25 4.99 6.43 2.48 0.65 6.35 9.87 16.25 0
EBIT Margin(%) 16.52 16.8 12.52 13.93 15.79 19.29 12.2 17.02 77.38 26.32 0
Pre Tax Margin(%) 16.52 16.55 12.24 13.88 15.79 19.26 12.19 17.01 77.02 26.01 0
PAT Margin (%) 11.87 13.18 9.79 12.69 12.53 15.64 9.91 13.78 68.52 20.06 0
Cash Profit Margin (%) 14.3 15.36 12.97 16.49 15.48 19.89 13.6 16.06 71.14 22.47 0
ROA(%) 5.95 5.8 2.67 2.61 3.02 3.23 1.77 2.48 14.22 3.95 0.56
ROE(%) 7.14 7.22 3.02 2.72 3.17 3.4 1.87 2.68 15.59 4.35 0.62
ROCE(%) 9.94 9.03 3.81 2.98 4 4.19 2.3 3.32 17.6 5.71 0.63
Receivable days 111.4 130.36 137.44 98 53.92 46.47 45.74 28.56 21.92 30.97 0
Inventory Days 107.69 142.86 178.98 155.4 129.44 157.97 133.22 85.62 66.66 52.44 0
Payable days 132.37 184.74 166.07 79.69 76.53 94.1 85.39 74.15 70.12 75.25 0
PER(x) 43.93 34.87 61.38 34.23 28.92 12.44 46.01 29.76 5.53 47.89 83.09
Price/Book(x) 3.08 2.47 1.44 0.88 0.87 0.48 0.72 0.72 0.81 1.82 0.55
Dividend Yield(%) 0.86 1.04 0.66 1.19 1.3 3.57 1.34 1.87 1.68 0.74 0
EV/Net Sales(x) 5.6 5.09 6.64 4.41 3.57 1.9 4.5 3.96 3.68 9.54 0
EV/Core EBITDA(x) 27.04 24.25 38 24.37 19.04 8.08 28.31 18.8 16.14 33.21 81.71
Net Sales Growth(%) -6.46 -6.51 -19.84 3.31 35.37 -18.76 -5.57 38.37 39.03 19.07 -100
EBIT Growth(%) -37.43 -3.76 -39.92 5.49 50.26 -0.74 -40.28 93.07 532.11 -59.51 -88.01
PAT Growth(%) -36.02 5.1 -40.13 22.97 30.86 1.37 -40.18 92.41 591.48 -65.13 -84.5
EPS Growth(%) -36.02 5.1 -40.13 22.97 30.86 1.37 -40.18 92.42 591.47 -65.13 -84.5
Debt/Equity(x) 0 0.04 0 0 0 0 0 0 0 0 0
Current Ratio(x) 4.24 2.95 9.04 6.95 6.89 9.97 6.2 4.99 3.08 3.23 14.62
Quick Ratio(x) 3.25 2.03 6.19 4.58 4.47 7 4.5 4.05 2.09 2.61 14.62
Interest Cover(x) 0 68.9 45.2 282.46 0 838.13 1086.33 1922.64 212.47 85.34 0
Total Debt/Mcap(x) 0 0.02 0 0 0 0 0 0 0 0 0

Hercules Investments Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 69.61 69.61 69.61 69.61 69.61 69.61 69.61 69.61 69.61 69.61
FII 0.06 1.92 1.71 1.66 0 0.06 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 30.33 28.46 28.68 28.72 30.39 30.33 30.39 30.39 30.39 30.39
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Hercules Investments News

Hercules Investments Pros & Cons

Pros

  • Stock is trading at 0.5 times its book value
  • Debtor days have improved from 75.25 to 0days.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 7% over the last 3 years.
  • Earnings include an other income of Rs. 6 Cr.
  • The company has delivered a poor profit growth of -14% over past five years.
whatsapp