Hercules Investments Limited reported a return to profitability in its first quarter of FY26, posting a net profit of ₹11.70 lakh for the period ended June 30, 2026. This marks a significant improvement from the ₹8.09 lakh loss recorded in the fourth quarter of FY25.

The company’s revenue from operations jumped 144% year-on-year to ₹41.93 lakh, up from ₹17.15 lakh in the same quarter last year. Total expenses declined to ₹21.60 lakh from ₹30.41 lakh in the previous quarter, primarily due to a reduction in other expenses.

Financial Performance

The Board of Directors approved the unaudited financial results on August 13, 2026. The company operates as an unregistered charitable institution (CIC) managing a portfolio of investments in Bajaj Group companies.

For the full fiscal year ended March 31, 2026, Hercules Investments reported a net profit of ₹772.12 lakh, compared to a profit before tax of ₹803.33 lakh. Total revenue for FY25 stood at ₹894.03 lakh.

What the Numbers Show

A key divergence in the quarterly data is the behavior of other comprehensive income versus net profit. While the company returned to operational profitability with a ₹11.70 lakh net profit, its total comprehensive income was significantly higher at ₹9,693.58 lakh. This discrepancy is driven by items that will not be reclassified to profit or loss, which contributed ₹11,297.41 lakh to other comprehensive income in the quarter. This suggests that the bulk of the company’s value movement is tied to unrealized gains or fair value adjustments in its investment portfolio rather than realized operating income.

Auditor Review

Kanu Doshi Associates LLP served as the independent auditors for the review. In their report dated August 13, 2026, they stated that nothing came to their attention to cause them to believe the unaudited financial results contained any material misstatement. The results were prepared in accordance with Ind AS 34 and SEBI Listing Regulations.

Hercules Investments Limited has scheduled its 64th Annual General Meeting for August 13, 2026, via video conferencing, to transact business including the adoption of audited financial statements for the financial year ended March 31, 2026. The Board has recommended a final dividend of ₹2.50 per equity share of Re. 1 each for the said financial year. Shareholders will also consider the re-appointment of Shri Hariprasad Anandkishore Nevatia as Whole-time Director for a period of two years commencing from November 22, 2026, and approve material related party transactions for FY 2026-27.

The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM) on Thursday, August 13, 2026, at 03:30 PM IST. The facility for remote e-voting will be available from August 10, 2026, at 09:00 a.m. to August 12, 2026, at 05:00 p.m. The cut-off date for determining shareholder eligibility for e-voting and the AGM is August 6, 2026.

Key Agenda Items

The ordinary business includes the adoption of the Annual Accounts for FY26, the declaration of the final dividend, and the appointment of a Director in place of Shri Shekhar Bajaj, who retires by rotation. Special business encompasses the re-appointment of Shri Hariprasad Anandkishore Nevatia as Whole-time Director, approval for material related party transactions, and authorization for loans, guarantees, and inter-corporate deposits up to ₹100 Crores.

Related Party Transactions

Shareholders are requested to approve investments in group companies and mutual funds. The proposed transactions include investments in equity shares and debt exposures of various Bajaj group entities, as well as investments in mutual fund units of Bajaj Finserv Asset Management Limited. Additionally, a transfer of funds to Indef Manufacturing Limited related to a demerger scheme is proposed.

Director Re-appointment and Compliance

Shri Hariprasad Anandkishore Nevatia, aged 94, is proposed for re-appointment as Whole-time Director with a remuneration of ₹25,000 per month plus perquisites. The Board has noted his advanced age but affirmed his capacity to discharge duties. Furthermore, the meeting will take note of a certificate from M/s. DD & Associates, Practicing Chartered Accountants, confirming compliance with SEBI regulations regarding the company's change of name from Hercules Hoists Limited to Hercules Investments Limited.

The Register of Members and Share Transfer Books will remain closed from August 7, 2026, to August 13, 2026. MUFG InTime India Private Limited has been appointed as the authorized agency for facilitating e-voting and meeting attendance.