Hercules Hoists Limited operates in the Hoists, cranes, and monorails sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hercules Hoists Limited with three other
material handling equipment manufacturers in Asia:
NC Holdings Co Ltd
of JAPAN
(2020
sales of 13.95 billion Japanese Yen [US$134.34 million]
of which 48%
was ted),
International Conveyors Limited
(986.66 million Indian Rupees [US$13.49 million]
of which 91%
was Conveyor Belting), and
Action Construction Equipment Limited
(11.56 billion Indian Rupees [US$158.06 million]
of which 72%
was Cranes).
Sales Analysis.
Hercules Hoists Limited reported sales of 829.98 million Indian Rupees (US$11.35 million)
for the
fiscal
year ending
March of 2020.
This
represents
a
decrease of 18.8%
versus 2019, when the company's sales were 1.02 billion Indian Rupees .
Contributing to the drop in overall sales was the 26.2% decline
in Windmill Power, from 26.41 million Indian Rupees to 19.48 million Indian Rupees .
There were also decreases in sales in
Material Handling Equipment (down 18.6% to 810.50 million Indian Rupees )
.