
About BSA Hercules
BSA Hercules is a publicly listed company based in Chennai (India) founded in 1949. Bicycle manufacturing and sales in India, focusing on mobility and fitness solutions. It operates in the Consumer and Industrial Goods & Manufacturing sectors. The company has 4,120 employees. Its website bsahercules.com draws about 10 thousand monthly visits. Its Indian entity Tube Investments Of India Limited reported revenue of βΉ23,237 Cr. BSA Hercules offers products and services including Bicycles and Fitness Equipment. Its focus areas include Manufacturing, Consumer Goods, Bicycles and Sports and Utility Bicycles.
Company details
TI Cycles was established in 1949 and is recognized for manufacturing bicycles under brands such as BSA Hercules and others. It operates with a network of dealers and stores across India, producing over 3 million cycles annually from plants in Chennai and Rajpura. Various innovations, including the first MTB and geared bikes, have been introduced to meet consumer needs. The company has expanded into fitness equipment and retail formats like Track Trail, promoting cycling as a lifestyle. Its efforts are supported by a history of awards and collaborations.
- Headquarters Chennai, India
- Employees 4,120
- Stage Public
- SectorsConsumerIndustrial Goods & Manufacturing
- Emailβ’β’β’β’β’β’β’β’
- Legal Name Tube Investments Of India Ltd
- Date of Incorporation 06 Oct, 2008
- Jurisdiction Chennai, Tamil Nadu, India
- Market Cap₹40,263 Cr
TIINDIA · NSE
- Share Price₹2,085.20
+0.25% today
- Revenue₹22,847 Cr
FY 2025-26 · +17.4% YoY
- EBITDA₹2,207 Cr
Margin 9.7%
- Net Profit₹679 Cr
FY 2025-26 · -0.4% YoY
- P/E (TTM)63.8x
P/B 5.3x
- ROE16.8%
ROCE 22.1%
- Debt / Equity0.11
Interest cover 5.2x
- Employee Count4,120
Associated legal entities of BSA Hercules
BSA Hercules operates through Tube Investments Of India Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Tube Investments Of India Limited Listed CIN L35100TN2008PLC069496 | Active | 06 Oct 2008 | Chennai, Tamil Nadu | ₹23,237 Cr | 4,120 | 9 | View details |
Products & Services of BSA Hercules
BSA Hercules offers a comprehensive portfolio of products and services, including Bicycles and Fitness Equipment.
Bicycles are manufactured for uses including road and mountain biking to support mobility and fitness needs
Fitness equipment is developed under brands like Hercules Fitness to promote health and well-being solutions
Board of directors of Tube Investments Of India Limited (BSA Hercules)
Tube Investments Of India Limited is the primary company behind BSA Hercules. The board of Tube Investments Of India Limited currently have 7 directors; the longest-serving is Vellayan Subbiah, appointed in 2017. 21 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vellayan Subbiah DIN 01138759 | Director | 19 Aug 2017 | 9 yrs 2 mo | Tube Investments Of India Limited |
| M A M Arunachalam DIN 00202958 | Whole-time director | 11 Nov 2020 | 5 yrs 11 mo | Tube Investments Of India Limited |
| Anand Kumar DIN 00818724 | Director | 24 Mar 2021 | 5 yrs 7 mo | Tube Investments Of India Limited |
| Tejpreet Singh Chopra DIN 00317683 | Director | 16 Mar 2022 | 4 yrs 7 mo | Tube Investments Of India Limited |
| Mukesh Ahuja DIN 09364667 | Managing Director | 01 Apr 2022 | 4 yrs 6 mo | Tube Investments Of India Limited |
| Vadalur Subramanian Radhakrishnan DIN 08064705 | Director | 05 Jul 2023 | 3 yrs 3 mo | Tube Investments Of India Limited |
| Shelina Pranav Parikh DIN 00468199 | Director | 15 May 2025 | 1 yr 5 mo | Tube Investments Of India Limited |
People of BSA Hercules
11 people are tracked at BSA Hercules (4 in leadership, 7 in team); the tracked headcount is 4,120.
| Name | Role | Group |
|---|---|---|
Victorious | CEO | Leadership |
Ombeer Chauhan | Head Logistics & Planning Domestic Business TI Cycle Of India, Rajpura | Leadership |
Vimal V | Head Of Marketing | Leadership |
Venkateswaran Balabaskaran | GM & Head - Design & New Product Development | Leadership |
Rajesh Marianayakam | Sr. Manager - HR | Team |
Deepa . | Human Resources Executive | Team |
Ravi Raghul | Senior Executive | Team |
Savitha Lakshmi | Management Trainee | Team |
Jeevan Mishra | Regional Manager Retail Store Operations And Business Development | Team |
Vignesh Velmani | Assistant Manager (ecommerce Business) | Team |
Goudhaman Rathinam | Assistant Manager | Team |
Complete people profiles for BSA Hercules
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of BSA Hercules
BSA Hercules is a publicly listed company on the NSE with ticker symbol TIINDIA in India, operating in the Capital Goods-Non Electrical Equipment sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- Listed onNSE: TIINDIA
- Listed entityTube Investments Of India Limited
- Exchange sectorCapital Goods-Non Electrical Equipment
Financials of BSA Hercules
Exchange-reported figures of Tube Investments Of India Limited, the listed company behind BSA Hercules (NSE: TIINDIA).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 22,847 | 19,465 | 16,890 | 14,964 | 12,447 | 6,083 | 4,750 |
| Revenue growth | +17.4% | +15.2% | +12.9% | +20.2% | +104.6% | +28.1% | - |
| EBITDA | 2,207 | 1,857 | 1,911 | 1,837 | 1,449 | 599 | 560 |
| EBITDA margin | +9.7% | +9.5% | +11.3% | +12.3% | +11.6% | +9.8% | +11.8% |
| Profit before tax | 1,852 | 1,653 | 2,218 | 1,748 | 1,152 | 365 | 403 |
| Net profit | 679 | 682 | 1,197 | 943 | 753 | 303 | 318 |
| Net profit margin | +3.0% | +3.5% | +7.1% | +6.3% | +6.1% | +5.0% | +6.7% |
| EPS (βΉ) | 32.89 | 34.82 | 62.08 | 49.48 | 39.86 | 14.28 | 16.30 |
| Balance sheet | |||||||
| Total assets | 15,151 | 10,979 | 8,994 | 6,804 | 4,651 | 4,706 | 2,221 |
| Net worth | 7,751 | 5,536 | 5,100 | 3,951 | 3,071 | 2,312 | 1,734 |
| Total debt | 754 | 703 | 896 | 726 | 871 | 1,972 | 414 |
| Cash & bank | 1,469 | 2,035 | 1,227 | 945 | 573 | 617 | 37.81 |
| Net working capital | 5,130 | 3,710 | 2,403 | 1,545 | 9.30 | 145 | 368 |
| Cash flow | |||||||
| Cash from operations | 1,161 | 1,185 | 675 | 1,386 | 896 | 257 | 596 |
| Cash from investing | (3,953) | (1,587) | (1,657) | (850) | (78.70) | (80.04) | (246) |
| Cash from financing | 2,668 | 522 | 645 | (74.68) | (921) | 304 | (284) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6,215 | 6,215 | 5,801 | 5,523 | 5,309 | 5,150 | 4,812 | 4,925 |
| Revenue growth (YoY) | +17.1% | +20.7% | +20.6% | +12.2% | +16.0% | - | - | - |
| Other income | 112 | 119 | 106 | 92.71 | 71.57 | 158 | 77.38 | 70.69 |
| EBITDA | 548 | 572 | 528 | 544 | 546 | 329 | 491 | 490 |
| EBITDA margin | +9.1% | +9.5% | +9.3% | +10.1% | +10.6% | +6.5% | +10.5% | +10.2% |
| Depreciation | 183 | 175 | 173 | 164 | 152 | 137 | 127 | 119 |
| Interest | 16.26 | 15.79 | 15.45 | 14.08 | 16.67 | 16.48 | 15.03 | 16.24 |
| Profit before tax | 461 | 500 | 445 | 459 | 449 | 334 | 426 | 426 |
| Tax | 167 | 266 | 166 | 157 | 146 | 175 | 146 | 127 |
| Net profit | 294 | 234 | 279 | 302 | 303 | 158 | 280 | 299 |
| EPS (βΉ) | 8.70 | 4.42 | 8.57 | 9.64 | 10.27 | 2.40 | 9.99 | 10.68 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 8,556 | 7,893 | 7,611 | 7,236 | 6,359 | 4,256 | 4,276 |
| Revenue growth | +8.4% | +3.7% | +5.2% | +13.8% | +49.4% | -0.5% | - |
| EBITDA | 1,063 | 943 | 926 | 830 | 713 | 483 | 525 |
| EBITDA margin | +12.4% | +12.0% | +12.2% | +11.5% | +11.2% | +11.3% | +12.3% |
| Profit before tax | 1,083 | 1,524 | 970 | 876 | 628 | 359 | 418 |
| Net profit | 844 | 1,312 | 733 | 702 | 472 | 287 | 332 |
| Net profit margin | +9.9% | +16.6% | +9.6% | +9.7% | +7.4% | +6.7% | +7.8% |
| EPS (βΉ) | 42.74 | 67.01 | 37.98 | 34.45 | 24.63 | 14.17 | 17.59 |
| Balance sheet | |||||||
| Total assets | 6,067 | 5,403 | 4,512 | 3,795 | 3,082 | 2,639 | 2,022 |
| Net worth | 5,987 | 5,211 | 3,970 | 3,292 | 2,701 | 2,293 | 1,713 |
| Total debt | 50.39 | 153 | 513 | 502 | 381 | 346 | 309 |
| Cash & bank | 106 | 90.81 | 55.12 | 114 | 4.82 | 8.74 | 23.53 |
| Net working capital | 613 | 612 | 470 | 369 | 213 | (94.62) | 209 |
| Cash flow | |||||||
| Cash from operations | 898 | 703 | 594 | 625 | 326 | 664 | 528 |
| Cash from investing | (754) | (217) | (552) | (553) | (290) | (1,005) | (218) |
| Cash from financing | (177) | (451) | (102) | 38.75 | (41.65) | 326 | (249) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,366 | 2,279 | 2,152 | 2,119 | 2,007 | 1,957 | 1,910 | 2,065 |
| Revenue growth (YoY) | +17.9% | +16.4% | +12.7% | +2.6% | +2.4% | - | - | - |
| Other income | 17.41 | 164 | 7.78 | 22.91 | 23.44 | 719 | 17.49 | 26.09 |
| Total expenses | 2,120 | 2,035 | 1,858 | 1,842 | 1,759 | 1,745 | 1,667 | 1,819 |
| EBITDA | 246 | 243 | 294 | 277 | 247 | 212 | 243 | 246 |
| EBITDA margin | +11.0% | +11.3% | +14.5% | +13.8% | +13.1% | +11.5% | +13.5% | +12.6% |
| Depreciation | 49.42 | 48.68 | 47.68 | 47.41 | 45.03 | 46.31 | 43.23 | 40.72 |
| Interest | 1.12 | 1.12 | 1.43 | 1.59 | 3.70 | 5.19 | 5.41 | 6.90 |
| Profit before tax | 213 | 357 | 253 | 250 | 222 | 880 | 212 | 225 |
| Tax | 54.12 | 73.69 | 64.09 | 63.69 | 53.98 | 66.39 | 51.23 | 56.71 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6,215 | 6,215 | 5,801 | 5,523 | 5,309 | 5,150 | 4,812 | 4,925 |
| Revenue growth (YoY) | +17.1% | +20.7% | +20.6% | +12.2% | +16.0% | - | - | - |
| Other income | 112 | 119 | 106 | 92.71 | 71.57 | 158 | 77.38 | 70.69 |
| EBITDA | 548 | 572 | 528 | 544 | 546 | 329 | 491 | 490 |
| EBITDA margin | +9.1% | +9.5% | +9.3% | +10.1% | +10.6% | +6.5% | +10.5% | +10.2% |
| Depreciation | 183 | 175 | 173 | 164 | 152 | 137 | 127 | 119 |
| Interest | 16.26 | 15.79 | 15.45 | 14.08 | 16.67 | 16.48 | 15.03 | 16.24 |
| Profit before tax | 461 | 500 | 445 | 459 | 449 | 334 | 426 | 426 |
| Tax | 167 | 266 | 166 | 157 | 146 | 175 | 146 | 127 |
| Net profit | 294 | 234 | 279 | 302 | 303 | 158 | 280 | 299 |
| EPS (βΉ) | 8.70 | 4.42 | 8.57 | 9.64 | 10.27 | 2.40 | 9.99 | 10.68 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 22,847 | 19,465 | 16,890 | 14,964 | 12,447 | 6,083 | 4,750 |
| Revenue growth | +17.4% | +15.2% | +12.9% | +20.2% | +104.6% | +28.1% | - |
| Other income | 389 | 371 | 845 | 364 | 148 | 68.21 | 62.32 |
| Total expenses | 20,640 | 17,608 | 14,979 | 13,127 | 10,998 | 5,484 | 4,191 |
| Employee cost | 2,279 | 1,790 | 1,493 | 1,205 | 1,032 | 732 | 609 |
| EBITDA | 2,207 | 1,857 | 1,911 | 1,837 | 1,449 | 599 | 560 |
| EBITDA margin | +9.7% | +9.5% | +11.3% | +12.3% | +11.6% | +9.8% | +11.8% |
| Depreciation | 664 | 492 | 465 | 396 | 347 | 251 | 185 |
| Interest | 79.39 | 82.61 | 72.59 | 57.78 | 98.92 | 51.93 | 33.65 |
| Profit before tax | 1,852 | 1,653 | 2,218 | 1,748 | 1,152 | 365 | 403 |
| Tax | 734 | 599 | 496 | 423 | 161 | 78.76 | 89.94 |
| Net profit | 679 | 682 | 1,197 | 943 | 753 | 303 | 318 |
| Net profit margin | +3.0% | +3.5% | +7.1% | +6.3% | +6.1% | +5.0% | +6.7% |
| EPS (βΉ) | 32.89 | 34.82 | 62.08 | 49.48 | 39.86 | 14.28 | 16.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 19.36 | 19.35 | 19.34 | 19.31 | 19.29 | 19.28 | 18.79 |
| Reserves & surplus | 7,732 | 5,516 | 5,080 | 3,931 | 3,052 | 2,293 | 1,715 |
| Shareholders' funds (net worth) | 7,751 | 5,536 | 5,100 | 3,951 | 3,071 | 2,312 | 1,734 |
| Minority interest | 6,451 | 2,157 | 1,645 | 1,005 | 654 | 383 | 72.58 |
| Secured loans | 322 | 390 | 359 | 340 | 409 | 1,365 | 247 |
| Unsecured loans | 432 | 313 | 537 | 386 | 462 | 607 | 168 |
| Total debt | 754 | 703 | 896 | 726 | 871 | 1,972 | 414 |
| Total liabilities | 15,151 | 10,979 | 8,994 | 6,804 | 4,651 | 4,706 | 2,221 |
| Assets | |||||||
| Gross block | 9,469 | 7,757 | 6,475 | 5,245 | 4,682 | 4,463 | 2,297 |
| Net block | 6,232 | 5,210 | 4,417 | 3,588 | 3,324 | 3,426 | 1,515 |
| Capital work in progress | 895 | 770 | 381 | 191 | 128 | 152 | 58.49 |
| Investments | 1,024 | 931 | 1,370 | 729 | 542 | 369 | 186 |
| Inventories | 2,853 | 2,224 | 1,788 | 1,353 | 1,327 | 1,106 | 559 |
| Sundry debtors | 4,367 | 3,305 | 2,733 | 2,129 | 1,785 | 1,239 | 525 |
| Cash & bank balances | 1,469 | 2,035 | 1,227 | 945 | 573 | 617 | 37.81 |
| Loans & advances | 2,588 | 892 | 766 | 574 | 547 | 1,110 | 98.98 |
| Total current assets | 11,276 | 8,456 | 6,514 | 5,001 | 4,232 | 4,072 | 1,220 |
| Total current liabilities | 6,146 | 4,746 | 4,111 | 3,456 | 4,223 | 3,927 | 852 |
| Net working capital | 5,130 | 3,710 | 2,403 | 1,545 | 9.30 | 145 | 368 |
| Total assets | 15,151 | 10,979 | 8,994 | 6,804 | 4,651 | 4,706 | 2,221 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 657 | 536 | 873 | 412 | 516 | 34.96 | (31.09) |
| Net cash from operating activities | 1,161 | 1,185 | 675 | 1,386 | 896 | 257 | 596 |
| Net cash from investing activities | (3,953) | (1,587) | (1,657) | (850) | (78.70) | (80.04) | (246) |
| Net cash from financing activities | 2,668 | 522 | 645 | (74.68) | (921) | 304 | (284) |
| Net change in cash | (124) | 120 | (336) | 461 | (104) | 481 | 66.05 |
| Closing cash | 1,469 | 2,035 | 1,227 | 945 | 573 | 617 | 37.81 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +17.4% | +15.2% | +12.9% | +20.2% | +104.6% | +28.1% | - |
| EBITDA growth | +18.9% | -2.9% | +4.1% | +26.7% | +142.0% | +7.0% | - |
| PBT growth | +12.1% | -25.5% | +27.0% | +51.7% | +215.9% | -9.6% | +6.8% |
| Net income growth | -0.4% | -43.0% | +26.9% | +25.4% | +148.4% | -4.7% | - |
| Revenue CAGR (3Y) | +15.2% | +16.1% | +40.6% | +46.6% | +29.2% | +6.8% | +1.9% |
| EBITDA CAGR (3Y) | +6.3% | +8.6% | +47.2% | +48.6% | +39.1% | +17.4% | +11.3% |
| Profitability & leverage | |||||||
| Net income margin | +4.9% | +5.4% | +10.2% | +8.9% | +8.0% | +4.7% | +6.6% |
| Return on capital employed | +22.1% | +21.5% | +26.6% | +33.1% | +30.1% | +14.1% | +20.6% |
| Return on net worth | +16.8% | +19.8% | +38.0% | +37.4% | +36.8% | +15.5% | +19.5% |
| Debt / equity | 0.11 | 0.15 | 0.18 | 0.23 | 0.53 | 0.59 | 0.32 |
| Long-term debt / equity | 0.05 | 0.04 | 0.03 | 0.07 | 0.25 | 0.25 | 0.05 |
| Interest cover | 5.15 | 6.05 | 5.02 | 4.01 | 8.97 | 14.91 | 8.98 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.65 | 2.74 | 2.88 | 3.01 | 2.72 | 1.80 | 2.19 |
| Inventory turnover | 9.00 | 9.70 | 10.76 | 11.17 | 10.23 | 7.31 | 6.92 |
| Debtors turnover | 5.96 | 6.45 | 6.95 | 7.64 | 8.23 | 6.90 | 8.10 |
| EPS (βΉ) | 32.89 | 34.82 | 62.08 | 49.48 | 39.86 | 14.28 | 16.30 |
| Dividend per share (βΉ) | 3.50 | 3.50 | 3.50 | 3.50 | 3.50 | 3.50 | 3.50 |
| Book value per share (βΉ) | 400.38 | 286.08 | 263.69 | 204.59 | 159.21 | 119.93 | 92.27 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,366 | 2,279 | 2,152 | 2,119 | 2,007 | 1,957 | 1,910 | 2,065 |
| Revenue growth (YoY) | +17.9% | +16.4% | +12.7% | +2.6% | +2.4% | - | - | - |
| Other income | 17.41 | 164 | 7.78 | 22.91 | 23.44 | 719 | 17.49 | 26.09 |
| Total expenses | 2,120 | 2,035 | 1,858 | 1,842 | 1,759 | 1,745 | 1,667 | 1,819 |
| EBITDA | 246 | 243 | 294 | 277 | 247 | 212 | 243 | 246 |
| EBITDA margin | +11.0% | +11.3% | +14.5% | +13.8% | +13.1% | +11.5% | +13.5% | +12.6% |
| Depreciation | 49.42 | 48.68 | 47.68 | 47.41 | 45.03 | 46.31 | 43.23 | 40.72 |
| Interest | 1.12 | 1.12 | 1.43 | 1.59 | 3.70 | 5.19 | 5.41 | 6.90 |
| Profit before tax | 213 | 357 | 253 | 250 | 222 | 880 | 212 | 225 |
| Tax | 54.12 | 73.69 | 64.09 | 63.69 | 53.98 | 66.39 | 51.23 | 56.71 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 8,556 | 7,893 | 7,611 | 7,236 | 6,359 | 4,256 | 4,276 |
| Revenue growth | +8.4% | +3.7% | +5.2% | +13.8% | +49.4% | -0.5% | - |
| Other income | 218 | 776 | 216 | 215 | 73.58 | 46.53 | 83.88 |
| Total expenses | 7,493 | 6,949 | 6,684 | 6,406 | 5,646 | 3,773 | 3,751 |
| Employee cost | 700 | 680 | 624 | 570 | 507 | 455 | 450 |
| EBITDA | 1,063 | 943 | 926 | 830 | 713 | 483 | 525 |
| EBITDA margin | +12.4% | +12.0% | +12.2% | +11.5% | +11.2% | +11.3% | +12.3% |
| Depreciation | 189 | 169 | 141 | 146 | 145 | 150 | 161 |
| Interest | 9.46 | 26.53 | 31.78 | 23.72 | 13.34 | 20.57 | 30.15 |
| Profit before tax | 1,083 | 1,524 | 970 | 876 | 628 | 359 | 418 |
| Tax | 255 | 228 | 236 | 210 | 153 | 85.86 | 87.31 |
| Net profit | 844 | 1,312 | 733 | 702 | 472 | 287 | 332 |
| Net profit margin | +9.9% | +16.6% | +9.6% | +9.7% | +7.4% | +6.7% | +7.8% |
| EPS (βΉ) | 42.74 | 67.01 | 37.98 | 34.45 | 24.63 | 14.17 | 17.59 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 19.36 | 19.35 | 19.34 | 19.31 | 19.29 | 19.28 | 18.79 |
| Reserves & surplus | 5,968 | 5,191 | 3,951 | 3,273 | 2,682 | 2,274 | 1,694 |
| Shareholders' funds (net worth) | 5,987 | 5,211 | 3,970 | 3,292 | 2,701 | 2,293 | 1,713 |
| Secured loans | 0.00 | 100 | 103 | 198 | 204 | 185 | 143 |
| Unsecured loans | 50.39 | 53.36 | 410 | 304 | 177 | 161 | 166 |
| Total debt | 50.39 | 153 | 513 | 502 | 381 | 346 | 309 |
| Total liabilities | 6,067 | 5,403 | 4,512 | 3,795 | 3,082 | 2,639 | 2,022 |
| Assets | |||||||
| Gross block | 2,924 | 2,528 | 2,156 | 1,927 | 1,828 | 1,669 | 1,595 |
| Net block | 1,546 | 1,326 | 1,113 | 995 | 1,023 | 997 | 1,062 |
| Capital work in progress | 56.05 | 255 | 204 | 96.68 | 55.57 | 126 | 52.11 |
| Investments | 3,783 | 3,129 | 2,626 | 2,041 | 1,666 | 1,534 | 629 |
| Inventories | 710 | 631 | 638 | 604 | 648 | 514 | 414 |
| Sundry debtors | 1,110 | 958 | 932 | 688 | 761 | 605 | 439 |
| Cash & bank balances | 106 | 90.81 | 55.12 | 114 | 4.82 | 8.74 | 23.53 |
| Loans & advances | 110 | 106 | 94.97 | 60.95 | 81.76 | 69.99 | 63.56 |
| Total current assets | 2,037 | 1,785 | 1,720 | 1,468 | 1,496 | 1,198 | 940 |
| Total current liabilities | 1,425 | 1,173 | 1,249 | 1,099 | 1,283 | 1,293 | 731 |
| Net working capital | 613 | 612 | 470 | 369 | 213 | (94.62) | 209 |
| Total assets | 6,067 | 5,403 | 4,512 | 3,795 | 3,082 | 2,639 | 2,022 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 87.68 | 52.02 | 111 | 0.74 | 6.97 | 21.61 | (39.16) |
| Net cash from operating activities | 898 | 703 | 594 | 625 | 326 | 664 | 528 |
| Net cash from investing activities | (754) | (217) | (552) | (553) | (290) | (1,005) | (218) |
| Net cash from financing activities | (177) | (451) | (102) | 38.75 | (41.65) | 326 | (249) |
| Net change in cash | (32.36) | 35.66 | (59.23) | 111 | (6.23) | (14.64) | 60.77 |
| Closing cash | 106 | 90.81 | 55.12 | 114 | 4.82 | 8.74 | 23.53 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +8.4% | +3.7% | +5.2% | +13.8% | +49.4% | -0.5% | - |
| EBITDA growth | +12.7% | +1.9% | +11.6% | +16.4% | +47.7% | -8.0% | - |
| PBT growth | -29.0% | +57.1% | +10.8% | +39.4% | +74.9% | -14.1% | +15.4% |
| Net income growth | -35.6% | +78.9% | +4.4% | +48.7% | +64.7% | -13.7% | - |
| Revenue CAGR (3Y) | +5.8% | +7.5% | +21.4% | +19.2% | +6.4% | -2.4% | +1.3% |
| EBITDA CAGR (3Y) | +8.6% | +9.8% | +24.3% | +16.5% | +13.4% | +14.1% | +12.8% |
| Profitability & leverage | |||||||
| Net income margin | +9.7% | +16.4% | +9.7% | +9.2% | +7.5% | +6.4% | +7.7% |
| Return on capital employed | +19.1% | +31.3% | +24.1% | +26.2% | +22.4% | +16.3% | +22.6% |
| Return on net worth | +14.8% | +28.3% | +20.2% | +22.2% | +19.0% | +13.6% | +21.1% |
| Debt / equity | 0.02 | 0.07 | 0.14 | 0.15 | 0.15 | 0.16 | 0.26 |
| Long-term debt / equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.03 | 0.04 |
| Interest cover | 1.08 | 3.43 | 4.05 | 3.47 | 2.35 | 6.18 | 8.28 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.14 | 3.37 | 3.73 | 3.85 | 3.64 | 2.61 | 2.89 |
| Inventory turnover | 12.76 | 12.44 | 12.25 | 11.56 | 10.95 | 9.17 | 8.06 |
| Debtors turnover | 8.27 | 8.35 | 9.40 | 9.98 | 9.51 | 8.15 | 8.84 |
| EPS (βΉ) | 42.74 | 67.01 | 37.98 | 34.45 | 24.63 | 14.17 | 17.59 |
| Dividend per share (βΉ) | 3.50 | 3.50 | 3.50 | 3.50 | 3.50 | 3.50 | 3.50 |
| Book value per share (βΉ) | 309.27 | 269.28 | 205.30 | 170.51 | 140.04 | 118.94 | 91.14 |
Web traffic of BSA Hercules
The website of BSA Hercules (bsahercules.com) receives about 10K visits a month.
- Monthly visits10K
▲ 127.7% vs previous month
Websites whose visitors overlap most with BSA Hercules. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| herocycles.com | 73% | 196.5K | #183,015 | View details | |
| choosemybicycle.com | 67% | 100.9K | #388,882 | View details | |
| firefoxbikes.com | 51% | 7.1K | #3,346,112 | View details | |
| bumsonthesaddle.com | 45% | 244.9K | #177,703 | View details | |
| icycle.in | 40% | View details | |||
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
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Related news about Bsa Hercules
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Frequently Asked Questions about BSA Hercules
BSA Hercules was founded in 1949.
BSA Hercules is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
BSA Hercules has 4,120 employees.
The primary company behind BSA Hercules, Tube Investments Of India Limited, reported revenue of βΉ23,237 Cr for FY 2026, up 17% year on year.
TI Cycles was established in 1949 and is recognized for manufacturing bicycles under brands such as BSA Hercules and others. It operates with a network of dealers and stores across India, producing over 3 million cycles annually from plants in Chennai and Rajpura. Various innovations, including the first MTB and geared bikes, have been introduced to meet consumer needs. The company has expanded into fitness equipment and retail formats like Track Trail, promoting cycling as a lifestyle. Its efforts are supported by a history of awards and collaborations.
BSA Hercules offers Bicycles and Fitness Equipment.
Yes, BSA Hercules is publicly traded on NSE under the ticker symbol TIINDIA.
BSA Hercules operates through Tube Investments Of India Limited.
The legal entities of BSA Hercules currently have 9 directors, including Anand Kumar, M A M Arunachalam, Mukesh Ahuja and others.
