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:
Action Construction Equipment Limited
(2019
sales of 13.43 billion Indian Rupees [US$189.43 million]
of which 72%
was Crane),
Sansei Technologies Inc
of Japan
(52.79 billion Japanese Yen [US$479.90 million]
of which 78%
was Product manufacturing related), and
Kito Corp.
which is
also
based in Japan
(61.24 billion Japanese Yen [US$556.65 million]
of which 47%
was Operating segment-Northern America).
Sales Analysis.
Hercules Hoists Limited reported sales of 1.02 billion Indian Rupees (US$14.42 million)
for the
fiscal
year ending
March of 2019.
This
represents
an
increase of 35.4%
versus 2018, when the company's sales were 754.71 million Indian Rupees.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Hercules Hoists Limited had sales
of 1.04 billion Indian Rupees.
Sales of Material Handling Equipment saw an increase
of
34.1% in 2019, from
742.16 million Indian Rupees to 995.27 million Indian Rupees.
Not all segments of Hercules Hoists Limited experienced an increase in sales in 2019:
sales of Windmill Power fell 7.7% to 26.41 million Indian Rupees.
(However, this segment's sales were only a very small portion of the company's overall sales).