About Hi‐Tech Winding Systems
HiāTech Winding Systems is a publicly listed company based in Ahmedabad (India) founded in 1988. Paper tubes, cardboard, films, wrappers, and cones are manufactured. Its Indian entity Gujarat Winding Systems Limited reported revenue of ā¹6 Lakh. HiāTech Winding Systems offers products and services including Paper Cones and Tubes and Containers and Drums. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.
Company details
Hi-Tech Winding Systems was founded in 1988 in Ahmedabad, India. Operations focus on the manufacturing of packaging materials, including paper tubes, cardboard, films, wrappers, and cones. Additional products such as cans, drums, bags, boxes, sheets, laminates, and corrugated sheets are produced. Trading and production of clean cotton fiber for synthetic yarn industries are also conducted within the packaging and textiles sectors.
- Headquarters Ahmedabad, India
- Stage Public
- SectorsIndustrial Goods & Manufacturing
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- Website hitechwindingsystems.com
- Legal Name Gujarat Winding Systems Ltd
- Market Cap₹4.23 Cr
GUJWIND · BSE
- Share Price₹8.48
-2.53% today
- Revenue₹0.04 Cr
FY 2025-26 · -86.7% YoY
- EBITDA−₹0.85 Cr
Margin -2,125.0%
- Net Profit−₹0.83 Cr
FY 2025-26 · -1483.3% YoY
Associated legal entities of Hi‐Tech Winding Systems
Hi‐Tech Winding Systems operates through Gujarat Winding Systems 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 |
|---|---|---|---|---|---|---|---|
| Gujarat Winding Systems Limited Listed CIN L22122GJ1988PLC010503 | Active | 25 Mar 1988 | Ahmedabad, Gujarat | ₹0.1 Cr | 7 | View details |
Products & Services of Hi‐Tech Winding Systems
Hi‐Tech Winding Systems offers a comprehensive portfolio of products and services, including Paper Cones and Tubes and Containers and Drums.
Manufacturing and winding of paper-based products for packaging purposes are conducted using standard and sub-standard materials
Processing of containers, drums, bags, and boxes is performed with pulp, paper, or board in various forms
Board of directors of Gujarat Winding Systems Limited (Hi‐Tech Winding Systems)
Gujarat Winding Systems Limited is the primary company behind Hi‐Tech Winding Systems. The board of Gujarat Winding Systems Limited currently have 5 directors; the longest-serving is Hariprasad Govindram Khetan, appointed in 2006. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hariprasad Govindram Khetan DIN 01228538 | Director | 01 Jun 2006 | 20 yrs 5 mo | Gujarat Winding Systems Limited |
| Usha Hariprasad Khetan DIN 02041361 | Director | 01 Jun 2006 | 20 yrs 5 mo | Gujarat Winding Systems Limited |
| Chandu Bhai Dhanabhai Vaghela DIN 05197958 | Director | 01 Jun 2006 | 20 yrs 5 mo | Gujarat Winding Systems Limited |
| Shaileshbhai Chauhan DIN 06515670 | Director | 09 Nov 2017 | 8 yrs 11 mo | Gujarat Winding Systems Limited |
| Ashaben Daujibhai Sharma DIN 10896415 | Additional Director | 03 Jan 2025 | 1 yr 10 mo | Gujarat Winding Systems Limited |
IPO & Listings of Hi‐Tech Winding Systems
Hi‐Tech Winding Systems is a publicly listed company on the BSE with ticker symbol GUJWIND in India, operating in the Process industries 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.
- IPO date03 Jan 2019
- Listed onBSE: 541627
- Listed entityGujarat Winding Systems Ltd
- Exchange sectorProcess industries
- ISININE173V01013
- Share price₹7.58 (-3.44% on the day) · 2026-10-14
- Volume (last session)260
Financials of Hi‐Tech Winding Systems
Exchange-reported figures of Gujarat Winding Systems Limited, the listed company behind Hi‐Tech Winding Systems (BSE: GUJWIND).
Financial Highlights
FY 2025-26 Ā· StandaloneRevenue 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 | 0.04 | 0.30 | 0.00 | 0.00 | 0.00 | 2.90 | 7.78 |
| Revenue growth | -86.7% | - | - | - | -100.0% | -62.7% | - |
| EBITDA | (0.85) | 0.08 | (0.01) | (0.08) | (0.10) | (0.03) | 0.05 |
| EBITDA margin | -2125.0% | +26.7% | - | - | - | -1.0% | +0.6% |
| Profit before tax | (0.83) | 0.08 | 0.01 | 0.00 | 0.00 | 0.02 | 0.13 |
| Net profit | (0.83) | 0.06 | 0.01 | 0.00 | 0.00 | 0.02 | 0.10 |
| Net profit margin | -2075.0% | +20.0% | - | - | - | +0.7% | +1.3% |
| EPS (ā¹) | (1.71) | 0.12 | 0.00 | 0.00 | 0.00 | 0.02 | 0.18 |
| Balance sheet | |||||||
| Total assets | 3.43 | 4.19 | 4.14 | 4.14 | 4.14 | 4.14 | 4.13 |
| Net worth | 3.43 | 4.19 | 4.14 | 4.14 | 4.14 | 4.14 | 4.13 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 0.08 | 0.08 | 0.14 | 0.12 | 0.09 | 0.07 | 0.07 |
| Net working capital | 0.23 | 0.56 | 0.44 | 0.42 | 0.44 | 0.57 | 1.57 |
| Cash flow | |||||||
| Cash from operations | (0.17) | (0.11) | 0.01 | 0.03 | 0.02 | 0.00 | 1.05 |
| Cash from investing | 0.17 | 0.06 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from financing | 0.00 | (0.01) | 0.00 | 0.00 | 0.00 | 0.00 | (1.00) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.03 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.07 | 0.15 |
| Total expenses | 2.05 | 0.02 | 0.52 | 0.04 | 0.04 | 0.30 | 0.09 | 0.09 |
| EBITDA | (0.02) | (0.02) | (0.50) | (0.04) | (0.04) | (0.30) | (0.09) | (0.09) |
| EBITDA margin | -1.0% | - | -2500.0% | - | - | - | - | - |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.02) | (0.01) | (0.49) | (0.03) | (0.03) | (0.29) | (0.02) | 0.06 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.03 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.07 | 0.15 |
| Total expenses | 2.05 | 0.02 | 0.52 | 0.04 | 0.04 | 0.30 | 0.09 | 0.09 |
| EBITDA | (0.02) | (0.02) | (0.50) | (0.04) | (0.04) | (0.30) | (0.09) | (0.09) |
| EBITDA margin | -1.0% | - | -2500.0% | - | - | - | - | - |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.02) | (0.01) | (0.49) | (0.03) | (0.03) | (0.29) | (0.02) | 0.06 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.04 | 0.30 | 0.00 | 0.00 | 0.00 | 2.90 | 7.78 |
| Revenue growth | -86.7% | - | - | - | -100.0% | -62.7% | - |
| Other income | 0.02 | 0.00 | 0.02 | 0.08 | 0.10 | 0.05 | 0.08 |
| Total expenses | 0.89 | 0.22 | 0.01 | 0.08 | 0.10 | 2.93 | 7.73 |
| Employee cost | 0.03 | 0.06 | 0.00 | 0.01 | 0.02 | 0.06 | 0.11 |
| EBITDA | (0.85) | 0.08 | (0.01) | (0.08) | (0.10) | (0.03) | 0.05 |
| EBITDA margin | -2125.0% | +26.7% | - | - | - | -1.0% | +0.6% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.83) | 0.08 | 0.01 | 0.00 | 0.00 | 0.02 | 0.13 |
| Tax | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 |
| Net profit | (0.83) | 0.06 | 0.01 | 0.00 | 0.00 | 0.02 | 0.10 |
| Net profit margin | -2075.0% | +20.0% | - | - | - | +0.7% | +1.3% |
| EPS (ā¹) | (1.71) | 0.12 | 0.00 | 0.00 | 0.00 | 0.02 | 0.18 |
| 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 | 4.86 | 4.86 | 4.86 | 4.86 | 4.86 | 4.86 | 4.86 |
| Reserves & surplus | (1.43) | (0.67) | (0.72) | (0.72) | (0.72) | (0.72) | (0.73) |
| Shareholders' funds (net worth) | 3.43 | 4.19 | 4.14 | 4.14 | 4.14 | 4.14 | 4.13 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 3.43 | 4.19 | 4.14 | 4.14 | 4.14 | 4.14 | 4.13 |
| Assets | |||||||
| Gross block | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
| Net block | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.02 | 0.02 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.37 | 0.37 | 0.37 | 0.37 | 0.47 | 0.46 |
| Cash & bank balances | 0.08 | 0.08 | 0.14 | 0.12 | 0.09 | 0.07 | 0.07 |
| Loans & advances | 0.17 | 0.21 | 0.01 | 0.01 | 0.06 | 0.11 | 1.12 |
| Total current assets | 0.25 | 0.66 | 0.52 | 0.50 | 0.52 | 0.65 | 1.65 |
| Total current liabilities | 0.02 | 0.10 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 |
| Net working capital | 0.23 | 0.56 | 0.44 | 0.42 | 0.44 | 0.57 | 1.57 |
| Total assets | 3.43 | 4.19 | 4.14 | 4.14 | 4.14 | 4.14 | 4.13 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.08 | 0.14 | 0.12 | 0.09 | 0.07 | 0.07 | 0.02 |
| Net cash from operating activities | (0.17) | (0.11) | 0.01 | 0.03 | 0.02 | 0.00 | 1.05 |
| Net cash from investing activities | 0.17 | 0.06 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net cash from financing activities | 0.00 | (0.01) | 0.00 | 0.00 | 0.00 | 0.00 | (1.00) |
| Net change in cash | 0.00 | (0.06) | 0.02 | 0.03 | 0.02 | 0.00 | 0.05 |
| Closing cash | 0.08 | 0.08 | 0.14 | 0.12 | 0.09 | 0.07 | 0.07 |
| 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 | -86.7% | - | - | - | -100.0% | -62.7% | - |
| EBITDA growth | -1162.5% | +900.0% | +87.5% | +20.0% | -233.3% | -160.0% | - |
| PBT growth | - | +700.0% | +9997.0% | +9997.0% | +9997.0% | -84.6% | -13.3% |
| Net income growth | -1483.3% | +500.0% | - | - | -100.0% | -80.0% | - |
| Revenue CAGR (3Y) | - | - | -100.0% | -100.0% | -100.0% | +73.0% | +108.4% |
| EBITDA CAGR (3Y) | +119.8% | - | -30.7% | - | - | -33.1% | +35.7% |
| Profitability & leverage | |||||||
| Net income margin | -2075.0% | +20.0% | - | - | - | +0.7% | +1.3% |
| Return on capital employed | 0.0% | +1.8% | 0.0% | 0.0% | 0.0% | +0.2% | +2.2% |
| Return on net worth | 0.0% | +1.3% | 0.0% | 0.0% | 0.0% | +0.2% | +1.9% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.12 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.12 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.80 | 6.00 | 0.00 | 0.00 | 0.00 | 72.50 | 194.50 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 0.22 | 0.81 | 0.00 | 0.00 | 0.00 | 6.24 | 18.75 |
| EPS (ā¹) | (1.71) | 0.12 | 0.00 | 0.00 | 0.00 | 0.02 | 0.18 |
| Dividend per share (ā¹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (ā¹) | 7.05 | 8.63 | 8.52 | 8.52 | 8.52 | 8.50 | 8.48 |
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Frequently Asked Questions about Hi‐Tech Winding Systems
HiāTech Winding Systems was founded in 1988.
HiāTech Winding Systems is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
The primary company behind HiāTech Winding Systems, Gujarat Winding Systems Limited, reported revenue of ā¹6 Lakh for FY 2026, down 87% year on year.
Hi-Tech Winding Systems was founded in 1988 in Ahmedabad, India. Operations focus on the manufacturing of packaging materials, including paper tubes, cardboard, films, wrappers, and cones. Additional products such as cans, drums, bags, boxes, sheets, laminates, and corrugated sheets are produced. Trading and production of clean cotton fiber for synthetic yarn industries are also conducted within the packaging and textiles sectors.
HiāTech Winding Systems offers Paper Cones and Tubes and Containers and Drums.
Yes, HiāTech Winding Systems is publicly traded on BSE under the ticker symbol GUJWIND.
HiāTech Winding Systems operates through Gujarat Winding Systems Limited.
The legal entities of HiāTech Winding Systems currently have 7 directors, including Hariprasad Govindram Khetan, Anita Ramchandani, Usha Hariprasad Khetan and others.