Hercules Investments FY26 PAT rises 38% to ₹772.11 lakh
Hercules Investments Limited reported a 38.3% increase in profit after tax to ₹772.11 lakh for FY26, with revenue rising 44.9% to ₹894.03 lakh. The Board recommended a final dividend of ₹2.50 per share. Total assets stood at ₹75,403.92 lakh, driven by strategic investments in group companies.

*this image is generated using AI for illustrative purposes only.
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.
| Metric | FY 2025-26 (₹ Lakhs) | FY 2024-25 (₹ Lakhs) | Change |
|---|---|---|---|
| Revenue from Operations | 890.80 | 614.76 | 44.90% |
| Total Income | 894.03 | 614.76 | 44.90% |
| Total Expenses | 90.70 | 48.12 | — |
| Profit Before Tax | 803.33 | 566.65 | — |
| Profit After Tax | 772.11 | 558.23 | 38.31% |
| Basic EPS (₹) | 2.41 | 1.74 | 38.31% |
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.
Historical Stock Returns for Hercules Investments
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.08% | +2.82% | +0.54% | -7.64% | -33.19% | +170.22% |
What strategies will the company employ to recover the fair value of its non-current strategic investments given the significant drop in total assets?
Will the reduction in dividend payout impact shareholder retention, and what is the capital allocation strategy for the upcoming fiscal year?
How does the company plan to sustain its revenue growth if market conditions lead to lower dividend income from its portfolio?


































