Hercules Investments has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, with the BSE Limited. The filing, submitted pursuant to Regulation 34(2)(f) of the SEBI Listing Regulations, outlines the company's adherence to responsible business conduct principles during FY 2025-26.

The company, formerly known as Hercules Hoists Limited, operates as an unregistered Core Investment Company (CIC). It does not engage in manufacturing, trading, or service delivery, focusing instead on strategic investments in Bajaj Group Listed Companies. Revenue from operations for the year stood at Rs. 890.80 Lakhs, derived primarily from dividend income and fair value gains on investments.

Governance and Oversight

The Board of Directors approved the BRSR on May 28, 2026. Mr. Hariprasad Anandkishore Nevatia, Whole-time Director, is responsible for decision-making on sustainability-related issues. The company maintains policies covering all nine principles of the National Guidelines on Responsible Business Conduct (NGRBC).

As a CIC with no operational supply chain, the company stated that conventional value chain partner assessments are not applicable. Its material issues primarily relate to corporate governance, regulatory compliance, and investment oversight.

Financial and Operational Metrics

The company reported a total of three permanent employees, all male, and zero workers. The Board of Directors comprises six members, with two women representing 33.33% of the board. Key management personnel include the Chief Financial Officer and the Company Secretary.

The table below summarizes key financial and operational details disclosed in the report:

Compliance and Disclosures

The report confirmed that the company and its directors faced no fines, penalties, or legal proceedings during the financial year. It maintains an anti-corruption and anti-bribery policy via its Code of Conduct. Grievance redressal mechanisms are in place for stakeholders, though no complaints were reported across any category during FY 2025-26.

Regarding environmental and social metrics, the company noted that energy consumption, water withdrawal, and GHG emissions are not applicable as it operates from a shared corporate office without industrial activities. It remains compliant with all applicable environmental laws and regulations.

Hercules Investments Limited reported a 38.3% increase in profit after tax to ₹772.11 lakh for the financial year ended March 31, 2026, driven by a 44.9% rise in revenue from operations to ₹894.03 lakh. The company, which functions as a Core Investment Company (CIC), attributed the growth primarily to dividend income and fair valuation gains on its investment portfolio. The Board has recommended a final dividend of ₹2.50 per equity share for the year, subject to shareholder approval at the Annual General Meeting scheduled for August 13, 2026.

Financial Performance

The company’s total income for FY26 stood at ₹894.03 lakh, compared to ₹614.76 lakh in the previous year. Total expenses for the period increased to ₹90.70 lakh from ₹48.12 lakh in FY25. The profit before tax for the year was ₹803.33 lakh, up from ₹566.65 lakh in the prior year. Earnings per share (EPS) for the year improved to ₹2.41 from ₹1.74 in the previous financial year.

Dividend Declaration

The Board of Directors has recommended a final dividend of ₹2.50 per equity share of Re. 1 each for the financial year ended March 31, 2026. The total payout amounts to ₹8 crore. If approved by shareholders, the dividend will be paid to those members whose names appear on the Register of Members as on the record date of August 06, 2026. This is lower than the dividend of ₹4.00 per share paid in the previous financial year.

Asset Position and Investments

As of March 31, 2026, the company’s total assets stood at ₹75,403.92 lakh, a decrease from ₹94,019.38 lakh in the previous year, primarily due to a reduction in the fair value of non-current strategic investments. Strategic investments in group companies accounted for ₹73,383.80 lakh, while mutual fund investments were valued at ₹1,874.03 lakh. The total equity of the company was ₹69,156.92 lakh.

Corporate Governance and Board

The Board met four times during the financial year. Mr. Vandan Shah ceased to be a Director effective February 5, 2026, upon completion of his tenure. Mr. Mahendrakumar Gohel was appointed as an Independent Director effective March 19, 2026. The company’s statutory auditors, M/s. Kanu Doshi Associates LLP, issued an unqualified opinion on the financial statements.