Hercules Hoists Limited

Manufacturer and marketer of material handling equipment, including hoists, cranes, and storage solutions.

1962 | Mumbai, Maharashtra (India) | Active
Last Updated:

Hercules Hoists Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.20 Cr
  • Company Age 62 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.00 Cr
  • Satisfied Charges ₹ 62.83 Cr
  • Revenue Growth 35.38%
  • Profit Growth 591.48%
  • Ebitda 142.90%
  • Net Worth 14.16%
  • Total Assets 13.94%

About Hercules Hoists

Hercules Hoists Limited (HHL) was founded in India on 15 June 1962 and has a glorious history of 62 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 505720 and on the National Stock Exchange(NSE) under HERCULES.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.20 Cr.

The company currently has active open charges totaling ₹10.00 Cr. The company has closed loans amounting to ₹62.83 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hercules Hoists Limited India are Siddhesh Gokhale as CFO and Meeta Khalsa as Company Secretary. Hariprasad Nevatia, Jayavanth Mallya, Neelima Swamy, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L45400MH1962PLC012385

  • Company No.

    012385

  • Stock Symbol

    BSE : 505720 NSE : HERCULES

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Jun 1962

  • Date of AGM

    12 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Hercules Hoists Limited offer?

Hercules Hoists Limited offers a wide range of products and services, including Cranes, Forklift & Lifting Machines, Crane Spare Parts, Overhead Crane, HOT Cranes, Technology Support Services, Technical Support Service, Home Appliances Repair & Maintenance, Overhauling Service, Process Control Systems & Equipments, Weighing Controller.

Who are the key members and board of directors at Hercules Hoists?

Executive Team (2)

NameDesignationAppointment DateStatus
Siddhesh Gokhale CFO09-Oct-2024Current
Meeta Khalsa Company Secretary09-Oct-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Hariprasad Nevatia Country flag representing In Whole-Time Director 22-Nov-2008Current
Jayavanth Mallya Country flag representing In Director 11-Jul-2023Current
Neelima Swamy Country flag representing In Director 11-Jul-2023Current
Girija Balakrishnan Country flag representing In Director 27-May-2024Current
Vandan Shah Country flag representing In Director 06-Feb-2016Current
Shekhar Bajaj Country flag representing In Director 12-Dec-1989Current

Financial Performance of Hercules Hoists.

Hercules Hoists Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.38% increase. The company also saw a substantial improvement in profitability, with a 591.48% increase in profit. The company's net worth Soared by an impressive increase of 14.16%.

Hercules Hoists revenue growth over time
Hercules Hoists profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
35.38%
Revenue from Operations
39.03%
Total Assets
13.94%
Profit or Loss
591.48%
Net Worth
14.16%
EBITDA
142.90%

What is the Ownership and Shareholding Structure of Hercules Hoists?

In 2022, Hercules Hoists had a promoter holding of 69.61% and a public holding of 30.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.00 Cr

Satisfied Charges

₹62.83 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 May 2015Hdfc Bank Limited₹10.00 CrOpen
11 Mar 2013Axis Bank Limited₹5.00 CrSatisfied
19 Jun 2008Bank Of Maharashtra₹13.50 CrSatisfied
07 Jun 2006Bank Of Maharashtra₹9.00 CrSatisfied
18 Jan 2006Rabo India Finance Pvt . Ltd.₹8.75 CrSatisfied

How Many Employees Work at Hercules Hoists?

Hercules Hoists has a workforce of 182 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Hercules Hoists Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hercules Hoists, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hercules Hoists's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Hercules Hoists

Recent activity within the organization

  • Director Appointment

    Siddhesh Vilas Gokhale was appointed as a Cfo was appointed as a Cfo on 09 Oct 2024 & has been associated with this company since 5 months 18 days .

  • Director Appointment

    Meeta Khalsa was appointed as a Company Secretary was appointed as a Company Secretary on 09 Oct 2024 & has been associated with this company since 5 months 18 days .

  • Annual General Meeting

    Hercules Hoists Limited last Annual general meeting of members was held on 12 Aug 2024 as per latest MCA records.

  • Director Appointment

    Girija Balakrishnan was appointed as a Director was appointed as a Director on 27 May 2024 & has been associated with this company since 10 months .

  • Balance Sheet

    Hercules Hoists Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Jayavanth Kallianpur Mallya was appointed as a Director was appointed as a Director on 11 Jul 2023 & has been associated with this company since 1 year 8 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Hercules Hoists Limited?

    Hercules Hoists Limited was incorporated on 15 Jun 1962.

  • What is authorized share capital and paid-up capital of Hercules Hoists Limited?

    The authorized share capital of Hercules Hoists Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.20 Cr.

  • Who are the current board members & directors of Hercules Hoists Limited?

    Currently 8 directors are associated with Hercules Hoists Limited.

    • Hariprasad Anandkishore Nevatia
    • Jayavanth Kallianpur Mallya
    • Neelima Aditya Bajaj Swamy
    • Girija Balakrishnan
    • Siddhesh Vilas Gokhale
    • Meeta Khalsa
    • Vandan Sitaram Shah
    • Shekhar Bajaj

  • What is the registered address of Hercules Hoists Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hercules Hoists Limited is Bajaj Bhawan 2Nd Floor 226 Jamnalal Marg, Nariman Point India, Mumbai, Maharashtra, 400021.

  • What is the corporate identification number (CIN) and company number of Hercules Hoists Limited?

    The corporate identification number (CIN) of Hercules Hoists Limited is L45400MH1962PLC012385 and the company number is 012385 as per Ministry of Corporate Affairs (MCA).

  • Is Hercules Hoists Limited registered with any stock exchange in India?

    Yes, Hercules Hoists Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): HERCULES.

  • What is the official website of Hercules Hoists Limited?

    The Official website of Hercules Hoists Limited is https://www.indef.com

  • What has been the recent revenue trend for Hercules Hoists Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Hercules Hoists Limited has risen by 35.38%.

  • How many employees does Hercules Hoists Limited currently have?

    As Per 2023 financial reports, 182 employees are currently employed by Hercules Hoists Limited.

  • What change has been observed in the net worth of Hercules Hoists Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Hercules Hoists Limited has experienced an upsurge of 14.16%.

  • What are the total open charges for Hercules Hoists Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Hercules Hoists Limited amount to ₹ 10.00 Cr.

  • When was the last Balance Sheet of Hercules Hoists Limited filed with the ROC?

    The most recent Balance Sheet for Hercules Hoists Limited was filed with the ROC on 31 Mar 2024.

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