M. L.

BHUWANIA &

co.

Chartered Accountants

F-l1, 3rd floor, Manek MahaJ

90, Veer Nariman Road,

Churchgate

Mumbai - 400 020, India .

T: +91 2261174949
F: +91 2261174950
E : info@mlbca.in
www.mlbca.in

INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM FINANCIAL

RESULTS

TO THE BOARD OF DIRECTORS OF MIS. HERCULES HOISTS LIMITED

1. We have reviewed the accompanying Statement of Unaudited Financial Results of MIS .

HERCULES HOISTS LIMITED ("the company") for the Quarter ended 30 th June, 2016
("the statement"), being submitted by the company pursuant to the requirement of
Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations,20 15. This Statement which is the responsibility of the Company's
Management and approved by the Board of Directors, has been prepared in accordance
with the recognition and measurement principles laid down in Accounting Standard for
Interim Financial Reporting (AS 25), as prescribed under Section 133 of the Companies
Act, 2013 read with the relevant rules issued there under and other accounting
principles generally accepted in India. Our responsibility is to issue a report on the
Statement based on our review.
2 . We conducted our review of the Statement in accordance with the Standard on Review
Engagements (SRE) 2410 ' Review of Interim Financial Information Performed by the
Independent Auditor of the Entity', issued by the Institute of Chartered Accountants of
India. This Standard requires that we plan and perform the review to obtain moderate
assurance as to whether the Statement is free from material misstatement. A review is
limited primarily to inquiries of Company personnel and analytical procedures applied
to financial data and thus provide less assurance than an audit. We have not performed
an audit and accordingly, we do not express an audit opinion .
3. Based on our review conducted as stated above, nothing has come to our attention that
causes us to believe that the accompanying Statement, prepared in accordance with the
aforesaid Accounting Standards and other accounting principles generally accepted in
India, has not disclosed the information required to be disclosed in terms of Regulation
33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,20 IS,
including the manner in which it is to be disclosed, or that it contains any material
misstatement.
For M. L. BHUWANIA & CO.

Chartered Accountants

Firm Registration No. 101484W

~~5"Vijay Kumar Jain

Partner

Membership No. 109374

Place: Mumbai

Date: August 12, 2016

HERCULES HOISTS LIMITED

Corporate Offi ce: 4 3/ 2B Sav rolJ -Kh arpada Road, Dh am an l, Kh al apur 410202, Mah ar ashtra
Registe red Office: Baja ] Bh avan, 2 n d Floor, 226 , N ar lm an Poin t , M u mlJ al-400021
P: +912192 27 4601 ; Ema ll : In d ef @lndef. com; URL: www.Jndcf.com ;CIN: L4540 0M H19 62P LC01 2 385

UNAUDITED FINAN CIAL RESULTS FOR QUARTER ENDED JUN E 30, 2016
(As. In t.akhsExceptEPSJ

Sr.
No.

Previous Year

Ouarter Ended

Parti cul ars

Ended

Audit ed (Refer

Unau dited

Una ud ited

Audited

30.0 6.201 5

31.03,201 6

Note. No.3)
31,03;2016

30 ,06.2016

Income fro m operations

(a) Net Sales/ Income from Operat io ns (Net of excise duly)
(b) Oth er Operating Incom e
Total Income from op eratlons(Net}

2,033.87

2,151.85

40.01

0.31

54.39

2,033. 87

2,185,06

2,152.16

9,11 3.55

869.34

2,101. 24

1,393 .47

5,794.08

Expendi t ure
(a) Cost

01Materials Consum ed

(b) Purc hase of Stock-In-trade

(191.27)

(c) Changes In Inventories of finish ed goods and work- in- progre ss

275.26

(524.89)

(d) Emplo yees benefits exp enses

278 A 4

262,94

243;99

59. 10

62.60

48.87

220.17

(f) Ot her Expenses

449.3 7

870.53

405 .39

2,2 11.90

Tot al Expendit ure

1,93150

2,772 .42

(e) Depr eciation & amortisa ti on expense

9,059.16

2,14 5.05

(601.72)
1,011 .93

1,900 .45

B,636 .36

102.:17

(587. 36)

251.71

477.19

Oth er Incom e

168.29

417 .04

215.42

1,216.47

270.66

(170.32)

467.13

1,693.67

Profit / (Loss) from Op eratlons b elore Oth er Income,flnance

costs and exceptio nal Item (1- 2)

Profit

(Loss) from ordinary actlvltas before finance costs and

Except i onal Items (3t4)

F ln ~ "c e costs

Prof it / (Loss) fr om ordinary actlvltes after f in ance costs but

Exceptl onal Item s (Refer Not e No II )

58.73

Pro fit / (Loss) from Ordin ary Actlvltles befor e tax (7 + B)

326 .66

(185.06)

467 .13

10

Tax Expense

66.32

(11Q.63)

147.60

340.17

11

Net Profit / (Loss) from Ordinary Activities after t ax (9-10)

25B,36

(74.43)

319 .53

1,32B.92

2.71
267.95

14.74
(1B5.06)

4 67.13

24.58
1,669 .09

before E~ c e ption aillems (5.6)

1,6 69.09

12

Extra ordinary Items (net of ta x expense)

13

Nct Profit !(Loss) for the period (11 -12)

256 ,36

(74.43)

319.5 3

14

Pald-up Equity Share Capital (Face Value Rs. 1 each )

320.00

320,00

320 .00

15 Reserve excludlna Revaluation Reserve as oc r Balance Sheet

16(1) Earnin gs Per Share (Befofre Extr aord inary ite ms)

1,326.92
320.00
18453,01

(a) B~sic

0.81

(0.23)

1.00

4.1 5

(LJ) Dilute d

0.81

(0.23)

1.00

4.15

16(11) E.~rnl ngs Pcr Share (Alter Ext raordinary ltc ms)
(a) Basic

0.81

(0.23)

1.00

01.15

(b) Diluted

0.81

(0.23)

1.00

4.15

C_-

iJ- -

HERCULES HOISTS LIMITED

Corporate Office: 43/213 Savroll-Kharpada Road, Dhamanl, Khalapur 410202, Maharashtra
Registered OHlce: BaJaJ ahavan, 2nd Floor, 226, Nariman Point, Mumbal400021
P: +91 n921l.74601; Email: Indef@lndef.com; URI.: www.lndef.comiCIN:IJ15400MH1962PI.C0123115

ImBef

h~~

oroup

SEGMENT WISE REVENUE, RESULTS AND CAPITAl. EMPLOYED

(Rs. In lakhs)
Sr. No.

Unaudited
30.06.2016

[b) Windmill Power

Net sales/Income from Operations

Audited

30.06.2015

31.03.2016

1,885.71

2,156.30

2,081.82

8,888.07

1118 .16

28.76

70.34

225.48

2,033.87

2,185.06

2,152.16

9,113.55

669.22

58.23

(497.63)

268.80

(b) Windmill Powcr

103.92

(8.11)

27.90

60.44

Total

162.14

(505.74)

296.70

729.66

2.71

14.74

Add: Other Unallocable Income netoff'Un-allocable corporate

Expenditure

167.24

335.42

170,43

964.01

Total Prollt (+)/Loss (.) before Tax and extra ordinary Items

326;68

(185.06)

467.13

1,669.09

12,766.95

11.829.55
1,'195.51

9,288.67

11,829.55

1,516.01

1,402.06

1,495.51

(c) Unallocated

10,313.31

10,953.72

10,953.72

Total5egment Assets

24,596.27

24,278.79

11,490.96
22,181.69

24,278.79

4/528.03

4,486.93

2/750.20

11,486.93

13.41

2.17

1.30

2.17

1,023.47

1,016.68

1,088.86

1,016.68

lcss : Flnancc Cost

24.58

Segmcnt Asset
(a) Material Handling Equipment
(b) Windrnlll Powcr

Unaudited

Segment Results
(al Material Handling Equipment

Audited (Refer
Note. No.3)
31.03.2016

Seg/nent Revenue (Net sales and tncorue)

(a) Material Handling Equipm ent

Previous Year
Ended

Quarter Ended

Particulars

Segment tlabllltles
(a) Material Handling Equipment
(Il) Windmill Power
(c) Unallocated
Total Segment liabilities
Total Capital Employed (Segment Assets LessLIabilities)

5,564.91

5,505.78

3/840.315

5,505.78

19,031.36

18,773.01

18,341.33

18,773.01

Notes :.
The above unaudited financial results w ere reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on
121hAugust, 2016. The Statutory Auditors have carried out the limited Hevlew of the above results.
2

Scgmcnt novenue, Result and Capital Employed figures Include the respective amounts Identlnable to each of the segments. Other allocable
expenditure mainly includes expenses Incurred on common services.

Figures for the quarter ended 31st March 2016 and 31st March 2015 are the balancing figures between audited figures In respect of full financial
year and publlshcd unaudited year to date figures upto third quarter of the relevant financial year.

Exceptional Items for the quarter repre sents Profit on sale of Investment s.

Previous period figures have been regrouped/rearranged wherever considered necessary to make them comparable with those of the current
<_ .

PlacP. : Mumb,,1
Date: 12th August, 2016

Shekhor (JaJaj
Chairman