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M. L. BHUWANIA & CO.

.
\
Chartered Accountants _ _ __
F-11, 3rd floor, Manek Mahal
90, Veer Nariman Road,
Churchgate
Mwnbai - 400 020, India.
LIMITED REVIEW REPORT T : +91 22 6117 4949
F: +91 22 611 7 4950
The Board of Directors E : info@mlbca.in
M/ s. HERCULES HOISTS LIMITED, www.mlbca.in
Bajaj Bhavan, 2nd Floor,
226, Nariman Point,
Mumbai - 400 021

We have reviewed the accompanying statement of unaudited financial results


of M/s. HERCULES HOISTS LIMITED for the quarter and nine month
ended 31st December, 2016. This statement is the responsibility of the
Company's Management and has been approved by the Board of Directors. Our
responsibility is to issue a report on these financial statements based on our
review.

We conducted our review in accordance with the Standard on Review


Engagement (SRE) 2400, engagements to Review Financial Statements 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 financial statements are free of material misstatement. A review is limited
primarily to inquiries of company personnel and analytical procedures applied
to financial data and thus provides less assurance than an audit. We have not
performed an audit and accordingly, we do not express an audit opinion.

Based on our review conducted as above, nothing has come to our attention
that causes us to believe that the accompanying statement of unaudited
financial results prepared in accordance with applicable accounting standards
and other recognised accounting practices and policies has not disclosed the
information required to be disclosed in terms of Regulation 33 of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015 including
the manner in which it is to be disclosed, or that it contains any material
misstatement.

ForM. L. BHUWANIA & CO .


Chartered Accountants
\ir~ ~ation No. 101484W

~?
Ashish Bairagra
Partner
Membership No. 109931

Place: Murn bai


Date: lOth February, 2017
HERCULES HOISTS LIMITED
Corporate OffiCE! & Work~: 43/28 Sa11mli Kharpada Ro<Jd, Dl1amaoi, KhHiapur 410.202, Mah;m:shtra o.l811i1RIIRIIIII''
.' . Registered Office: Bajaj Bllalllln, 2nd Floor, 226, Nariman Point, Mumbai-400021 h~~j ~Wil~
ill~: ~U92 274135/036/087; F;.+2192 274125/325; E: lndef@indetco; tJ : wwwindcf.cortl;( IN L<l5400MH1962PLC01.4:.41UIW!IIfl!IU

r: UNAUOtll;O FINANCIAl. HlSUt TS ~OR QUAinE'R /NINE MONTIII:'NOEO 31th OtCFMBH!, 2015 J
.. --r""v ... -~---
;

Particu!ars

l fr1come from opetations


----t--~~~~~~~--------------~-------+-----
{a) Nt>t S<~fes/lncome frorn Operations (Net of 1,371l.2.1 2,339.3/ 2) .1.3 85 :,,8()1.46 6,914 .11 9,059.Hi
exebt: duty) ---:----~-- ----+--~---!----. ----- --"- ----+----..---- .......-------+--~~-1
j(?l Other Op~rating Income . --.--~--+-~--1_3_.9_
. ?_.+- --...... -~:2L _____ 1__,0_.1_'{_.,.,_._ _ _1_.8_.2~~ ---~:~_.3_3+___.5_4_3_9_,
-:--- !~t?..!!n<:on;e from operations ~~!l_ -~ 1,392.13 2:,393.70 2,12::1.9$ 5_,819.71 6,928.49 9,1.1.3-.55
2. .!il!ll.~;::;:
ltd;;;;;i.;;;;~\;:;::!t=~:--":""'"~--
. '(~)cost of Materials Consumed
(tJ) l'urchas~ ohtoc.~:!_n:......t.:.:.r:. ..;.,
a<l t.;.,~-------1
(c) Chanr,cs it1 lrwentorio~ of fini shed goods and (16.8~) {601.72)
lwmk in- prog ro~s
---~~-----+---- --l------+-----+- ----------------f--"'--~----+-----
(d) Employ.-~es bon<!flts expenws 2G2.77 241.78 258.35 7'>2.99 748.99 1,:.0]]:;?.~.
(e) Dt~prt:!d<ltion & a'IT;o.rtlsation expense 66.83 (;6.07 53.lA W:<.oo l S'1.'>7 22o.n
ffi7itt;~; r.:-;r;P.:ri:s;,-:s-- -----~--t----4_8:....9...:.....1~- ~------~R.:!:~.~- 403.21 l.lls:;;;~ _,::~:!.~~.T -- 2:111-.~-lo-.
Total Exp~f!~i.tt!r.,.~;__
;. _ _~------- 1,!!29.70 2,134.$3 1,906.flQ -----~.:_~_:L_-1_5_ --~;,~63. 8,6~6.36
3 Profit I ILoss) from Oparations before Other (437 .57) 259 .Ill 21'1.18 (71.44) 1,064.5& 477.20
. lncome,finance costs an.d CKCI'Hltlnat item (12)

................ - . ..- -- 1
1,854.15
. ~----------~~~~~~~~~~--------~~
C SGiVJENT WISE REVENU E, llESUl TS AND CAPITAl fMPLOY~f)

,.......-.,--------~--~.------

Sr.. NrJ. Particular$


..- --------.-------'"'''.. Nir<e Montll f nrled

(a) Ma t(Jtial H ~nt.ll ing f.qu ipm.,nt 1..3/9.SS 2,:l64.27 2,1:13 . .17 ~ , 529.~~7 6,731 .ll 8,888.07
(b) W ind milll'owe.r 12.55 129.43 10.G6 790 .14 1~Hi.72 I25Af\

Net ~a l e.s/l noorlHl from. Ope,..ations 1,392.13 1 ,393.70 2,123,9$ S,S19.71 6,928.49 \l,:J.U.55

1 Segmimt Results
(a} Mal:il li ql Hand llng Equipment (281.10) 2.26.99 331.01 4 .12 .1, 165.84 b68.53
(b) 1!'1/indmi ll Power (22.62) !14.19 {32..Gri) l75.4.!! 685~\ 8915
Total {303 .721 . l:U.l8 l7?.6t 123.5.39 757. 68

Less: Hrwmce Cost 9. 18 7.{)5 18.93 :>4.58

Add :Other Unanoeable Income net oH


281.54 113 ..31 628.59
:Una lltX:i!!hle C.orporat0 Expendit ure /.41.37
Totnl Proflt (~)floss H before Tax and
595.67 407.05 850.80 1,854.15 1,669.09
extra ordinary items
3 fflpital Employe d
(a) Mater iul Handlin~; Equipm ent

Segr11e nt Assets 10,654.4S 11,953.1.3 11, 918.Mi 10,654.4 5 .l. .i,9 1:l.(;(j 11,87%!>
Segn1ent Liabilities
1,642 ,(,3 2,067.33 11,135.20 3.618.75

Net C.apit all'mployed (a} 7,732.46 8,210.21

(b ) W indm ill Power

1.67 L 79 l,618.1t 1,6/l.l'} 1.35!l.20 1.,4':l5.S:l

R OS 40.27 uo /1.05 uc l3./!i


Net Capital Emp.lo y ed lbl 1597.74 1,S98.l l L,597.74 1,4ll.ff

Seame rrt 1\r.!;et~. 9,304.80 JQ,OOB.95 JA\ ~18659 9)ml. ~iJ l.0,9!\G.S9 :10.%3.!2
Segnle lit Uab iliti e 9.5&.94 1,411 ..54 70(U\O 9S8 . ~J4 '! (H).SO 1..8&3.28
Ne-t Clpital Employed (t} B,il4S 86 8,59/J!l 10,285.78 9.090.43

Total Capital Employ ed (a+b+c) 45SA2 19,'181.42 1'),42.5.14 19,4.5.5.44 19.425 .14 '18,173.01
---'-----..t......----~---1.....-.--. -------
1 The atJovu " ' '"~ dit ed fln<mcial resutt> we re revitW<.!d !tv th<:! At rdrt Comrnitti'i:' ~n<l.apNOV!!d bv the Ho:.1rd (,t DH<'Clm.< <.t th<Oir
meeting h~ld nn lOth Febru~ry, 20 17. The Statutory t\U{fit.or ~ hil''" carriert out t he Umitetl Rev iew M Hm <'!Jove r(,;,ult>.
~ Segment rl,Ne nue, He5Lifl and Capital Employ,.,(] f igtJres include the r,;,~p<>.;;tive amounts 1dentifi<Jhle W ea ch nf l hr segtnents .
Other all ocablt~ ex p ~ndit.ure mainly indt.HJes expenses incurred on cornnH.ln ,;fJ'.dr:~~ ..
3 Excepti(JI'I<JI items for the quarter\nine rnonth enJed r epm~.en t~ l'rol it on sa le o1 inves t ments.
4 P!.,vious pt>rit)d fi.e:ures have been regroupc<!/l'earrw,ge(! wher12vN n">nsidrmHl n<:!t.<:.ssarv ro rnnkr thern compJr_a l:d<< with
thos12 of th(~ r.vrrent oeriod,
ror Hercv l e~ Hoists Limited

C.-..-----il . : .. :
Place: Mum bai Shekhar rlajnj
Date~ 10/02/2017 Chairrllill1

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