Hercules Investments share price & results
- Mar 2026
- Sept 2026
Mumbai-based unregistered Core Investment Company holding equity stakes in Bajaj group companies, after demerging its hoists-manufacturing business into wholly-owned subsidiary Indef Manufacturing Limited in FY25.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 0.29 | +81.2% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | -3.5 | −3.5 pts YoY | Operating profit / revenue | Quarter to Mar 2026 | For the quarter; a change is in percentage points. |
| Net profit | -0.08 | Quarterly, as filed | Quarter to Mar 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Return on equity | +0.8 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Free cash flow margin | −43.6 pts | Fiscal year | FY · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Revenue growth (YoY) | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. |
Price
Performance −27.1% 1Y
1Y: ₹218.5 on 31 Dec 2024 → ₹159.32. High ₹228.69 (3 Jan 2025), low ₹130.37 (17 Mar 2025).
- Previous close
- ₹159.87
- Market cap
- ₹363 Cr
- 52-week range
- ₹130.37 – ₹228.69
- One year
- −27.08%
Overview
- Symbol
- NSE:HERCULES
- Sector
- Capital Goods
- Industry
- Industrials
- Exchange
- NSE
- Currency
- INR
What Hercules Investments Limited does
Based on the company's own presentations, annual report and earnings calls.
Hercules Hoists Limited (being renamed Hercules Investments Limited/Hercules Securities Limited) functions as a Core Investment Company (unregistered), engaged primarily in holding equity investments in Bajaj group companies rather than running its own trading operations. Its income comes from dividends received on these holdings, not from sale of goods or services — the company reported no revenue from operations in FY2024-25. Pursuant to an NCLT (Mumbai) order dated 2 August 2024 approving a scheme of demerger, the company's hoists-manufacturing business, along with its related assets and liabilities, was transferred to its wholly-owned subsidiary, Indef Manufacturing Limited. As of the FY25 balance sheet date, the company itself has no subsidiaries, associate companies, or joint ventures.
Segments
- Investment holding
- Business classification
- Core Investment Company (unregistered)
- Subsidiaries / associates / JVs
- None (as on 31 March 2025)
- Investee group
- Bajaj group companies (equity holdings, dividend income only, no consolidated operations)
- Former manufacturing business
- Hoists business demerged into wholly-owned subsidiary Indef Manufacturing Limited (NCLT order dated 2 Aug 2024)
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 2 fiscal years held (Mar 2023 to Mar 2024).
Financials
What the filings say
| Line item | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 38 | 0 | 0 | 0 | 0 | 0 | 3 | 0 |
| Expenses | 33 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating profit | 6 | -0 | -0 | 0 | -0 | -0 | 3 | -0 |
| Operating margin | 14.8% | — | — | 0.0% | — | — | 91.9% | −3.5% |
| Other income | 4 | 3 | 3 | 0 | 0 | 5 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 8 | 3 | 3 | 0 | 0 | 5 | 3 | 0 |
| Tax rate | 27.1% | 0.4% | 0.4% | — | 125.0% | 0.9% | 4.4% | 550.0% |
| Net profit | 6 | 3 | 3 | 0 | -0 | 5 | 3 | -0 |
| EPS (₹ per share) | 1.86 | 0.83 | 0.85 | 0 | 0 | 1.62 | 0.82 | -0.02 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 151 | 180 | 38 | 3 |
| Expenses | 134 | 150 | 33 | 1 |
| Operating profit | 17 | 29 | 5 | 2 |
| Other income | 104 | 22 | 10 | 6 |
| Interest | 1 | 1 | 0 | 0 |
| Depreciation | 4 | 4 | 1 | 0 |
| Profit before tax | 116 | 47 | 14 | 8 |
| Net profit | 103 | 36 | 11 | 8 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 616 | 703 | 945 | 843 | 859 | 688 |
| Borrowings | 0 | 7 | 5 | 0 | 0 | 0 |
| Other liabilities | 60 | 60 | 97 | 94 | 91 | 62 |
| Total liabilities | 679 | 774 | 1,051 | 940 | 954 | 754 |
| Fixed assets | 29 | 36 | 34 | 0 | 0 | 0 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 573 | 662 | 944 | 938 | 951 | 753 |
| Other assets | 77 | 76 | 73 | 2 | 2 | 1 |
| Total assets | 679 | 774 | 1,051 | 940 | 954 | 754 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 16 | 14 | 12 | 28 | 8 | -1 |
| Cash from investing | -9 | 3 | -1 | -22 | 6 | 0 |
| Cash from financing | -6 | -7 | -9 | -10 | -13 | 0 |
| Net cash flow | 1 | 10 | 2 | -3 | 1 | -1 |
| Free cash flow | 15 | 13 | 87 | 25 | 8 | -1 |
| Line item | Mar 2023 | Mar 2024 |
|---|---|---|
| Debtor days | 27 | 40 |
| Inventory days | 124 | 83 |
| Days payable | 77 | 84 |
| Cash conversion cycle | 74 | 39 |
| Working capital days | 69 | 44 |
| Return on capital employed | — | 6.0% |
| Dividend payout | 9.0% | 36.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
MATERIAL HANDLING EQUIPMENTS contributes 99.0% of reported segment revenue.
Year ended 31 Mar 2022 · Standalone
- MATERIAL HANDLING EQUIPMENTS 99.0%
₹107.39 crore
- WINDMILL 1.0%
₹1.05 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| MATERIAL HANDLING EQUIPMENTS | 107.39 | 99.0% |
| WINDMILL | 1.05 | 1.0% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹108.45 crore
- Intersegment adjustment
- Not reported
- Net segment revenue
- ₹108.45 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
Ownership
Who owns it
Promoters hold 69.61% as of Sept 2026; institutions added 0.00 pts since Jun 2026.
- Promoters 69.61%
- Foreign institutions 0.00%
- Domestic institutions 0.00%
- Public 30.39%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 0.01% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Hercules Investments Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 19.53% | unchanged | |
| 19.35% | unchanged | |
| 5.84% | unchanged | |
| 5.00% | unchanged | |
| 3.86% | unchanged | |
| 3.55% | unchanged | |
| 3.42% | unchanged | |
| 3.26% | unchanged | |
| 2.83% | unchanged | |
| 1.73% | unchanged | |
| 1.73% | unchanged | |
| 1.73% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Your own record
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