About Gujarat Winding Systems Limited
Data last updated: 13 July 2026
Gujarat Winding Systems Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in laminated and corrugated packaging, a part of the broader packaging sector. Incorporated on 25 March 1988, the company has been in operation for over 38 years.
Registered with ROC Ahmedabad under CIN L22122GJ1988PLC010503. Listed on BSE: 541627.
Capital: an authorised share capital of ₹6 Cr and a paid-up capital of ₹4.86 Cr. It is led by directors including Hariprasad Govindram Khetan and Usha Hariprasad Khetan.
Last AGM: 16 September 2025. Financial statements filed for year ended 31 March 2025. Office: 08 / Gokul Complex Opp. Nagri Hospital Gujarat College Road Ellisbridge, Ahmedabad, Gujarat, India – 380006.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹3.92 Lakh. The net worth stands at ₹3.43 Cr (down 18.31% YoY). Total assets are valued at ₹3.44 Cr (down 19.94% YoY).
The company is associated with 1 brand - Hi‐Tech Winding Systems. As per MCA filings, the company has open charges of ₹5.27 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website hitechwindingsystems.com.
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Registered Address08 / Gokul Complex Opp. Nagri Hospital Gujarat College Road Ellisbridge, Ahmedabad, Gujarat, India – 380006
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IndustryPackaging, Laminated & Corrugated Packaging, Paper
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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CIN History of Gujarat Winding Systems Limited
Gujarat Winding Systems Limited has one previous CIN (Corporate Identification Number): U22122GJ1988PLC010503. The current CIN is L22122GJ1988PLC010503, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L22122GJ1988PLC010503 | Current |
| U22122GJ1988PLC010503 | Previous |
Associated Brands with Gujarat Winding Systems Limited
Gujarat Winding Systems Limited operates one associated brand: Hi‐Tech Winding Systems. These brands represent Gujarat Winding Systems Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Paper tubes, cardboard, films, wrappers, and cones are manufactured. | hitechwindingsystems.com |
Auditor Details of Gujarat Winding Systems Limited
Gujarat Winding Systems Limited is audited by Nirav S. Shah & Co. (ICAI peer reviewed, certificate valid till 2027-03-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Nirav S. Shah & Co. (ICAI peer reviewed, certificate valid till 2027-03-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Gujarat Winding Systems Limited
Gujarat Winding Systems Limited is currently managed by 3 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Hariprasad Govindram Khetan
Also directs:
Citizen Yarns Limited
|
Director | 01 Jun 2006 | 20 Years 2 Months | Current |
| Usha Hariprasad Khetan | Director | 01 Jun 2006 | 20 Years 2 Months | Current |
|
Chandu Bhai Dhanabhai Vaghela
Also directs:
Amiganga Infrastructure Limited
|
Director | 01 Jun 2006 | 20 Years 2 Months | Current |
Financials of Gujarat Winding Systems Limited FY 2026 filings available
Gujarat Winding Systems Limited reported revenue of ₹3.92 Lakh for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹3.92 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹2.9 Cr | ₹7.78 Cr | ₹5.48 Cr |
| Other Income | ₹1.65 Lakh | ₹29.8 Lakh | ₹2.23 Lakh | ₹7.71 Lakh | ₹10.39 Lakh | ₹4.52 Lakh | ₹7.68 Lakh | ₹2.43 Lakh |
| Total Income | ₹5.57 Lakh | ₹29.8 Lakh | ₹2.23 Lakh | ₹7.71 Lakh | ₹10.39 Lakh | ₹2.94 Cr | ₹7.85 Cr | ₹5.5 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹2.78 Cr | ₹7.43 Cr | ₹5.21 Cr |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹2.61 Lakh | ₹6.23 Lakh | ₹48,000 | ₹84,000 | ₹2.16 Lakh | ₹6.24 Lakh | ₹11.4 Lakh | ₹4.22 Lakh |
| Finance Costs | ₹1,000 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹13,000 | ₹19,000 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹85.97 Lakh | ₹15.6 Lakh | ₹1.51 Lakh | ₹6.69 Lakh | ₹7.99 Lakh | ₹8.78 Lakh | ₹18.96 Lakh | ₹9.65 Lakh |
| Total Expenses | ₹88.72 Lakh | ₹22.02 Lakh | ₹1.99 Lakh | ₹7.53 Lakh | ₹10.15 Lakh | ₹2.93 Cr | ₹7.73 Cr | ₹5.34 Cr |
| Profit Before Exceptional Items & Tax | -₹83.15 Lakh | ₹7.78 Lakh | ₹24,000 | ₹18,000 | ₹24,000 | ₹1.33 Lakh | ₹12.05 Lakh | ₹15.91 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹83.15 Lakh | ₹7.78 Lakh | ₹24,000 | ₹18,000 | ₹24,000 | ₹1.33 Lakh | ₹12.05 Lakh | ₹15.91 Lakh |
| Total Tax Expense | ₹1,000 | ₹1.94 Lakh | ₹6,000 | ₹4,000 | ₹9,000 | ₹29,000 | ₹3.23 Lakh | ₹4.28 Lakh |
| Net Profit | -₹83.16 Lakh | ₹5.84 Lakh | ₹18,000 | ₹14,000 | ₹15,000 | ₹1.04 Lakh | ₹8.82 Lakh | ₹11.63 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹83.16 Lakh | ₹5.84 Lakh | ₹18,000 | ₹14,000 | ₹15,000 | ₹1.04 Lakh | ₹8.82 Lakh | ₹11.63 Lakh |
| EBITDA (computed) | -₹83.01 Lakh | ₹7.97 Lakh | ₹24,000 | ₹18,000 | ₹24,000 | ₹1.33 Lakh | ₹12.05 Lakh | ₹15.91 Lakh |
| Basic EPS | ₹-1.71 | ₹0.01 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.02 | ₹0.18 | ₹0.24 |
| Diluted EPS | ₹-1.71 | ₹0.01 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.02 | ₹0.18 | ₹0.24 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹3.44 Cr | ₹4.3 Cr | ₹4.22 Cr | ₹4.22 Cr | ₹4.22 Cr | ₹4.22 Cr | ₹4.21 Cr | ₹5.12 Cr |
| Non-current Assets | ₹3.19 Cr | ₹3.64 Cr | ₹3.7 Cr | ₹3.72 Cr | ₹3.7 Cr | ₹3.56 Cr | ₹2.56 Cr | ₹2.36 Cr |
| Current Assets | ₹24.86 Lakh | ₹65.89 Lakh | ₹51.85 Lakh | ₹50.77 Lakh | ₹52.3 Lakh | ₹65.24 Lakh | ₹1.65 Cr | ₹2.76 Cr |
| Property, Plant & Equipment | ₹35,000 | ₹48,000 | ₹67,000 | ₹93,100 | ₹1.3 Lakh | ₹1.83 Lakh | ₹2.59 Lakh | ₹3.69 Lakh |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹0 | ₹36.98 Lakh | ₹36.98 Lakh | ₹36.98 Lakh | ₹36.98 Lakh | ₹46.98 Lakh | ₹46.29 Lakh | ₹37.38 Lakh |
| Cash & Equivalents | ₹7.78 Lakh | ₹8.28 Lakh | ₹8.02 Lakh | ₹7.52 Lakh | ₹5.32 Lakh | ₹3.19 Lakh | ₹2.52 Lakh | ₹1,000 |
| Equity (Net Worth) | ₹3.43 Cr | ₹4.19 Cr | ₹4.14 Cr | ₹4.14 Cr | ₹4.14 Cr | ₹4.14 Cr | ₹4.13 Cr | ₹4.04 Cr |
| Equity Share Capital | ₹4.86 Cr | ₹4.86 Cr | ₹4.86 Cr | ₹4.86 Cr | ₹4.86 Cr | ₹4.86 Cr | ₹4.86 Cr | ₹4.86 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹1 Cr |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹1 Cr |
| Current Liabilities | ₹1.42 Lakh | ₹10.41 Lakh | ₹7.85 Lakh | ₹8.35 Lakh | ₹8.3 Lakh | ₹7.84 Lakh | ₹7.73 Lakh | ₹7.99 Lakh |
| Total Liabilities | ₹1.6 Lakh | ₹10.58 Lakh | ₹8.04 Lakh | ₹8.54 Lakh | ₹8.51 Lakh | ₹8.01 Lakh | ₹7.97 Lakh | ₹1.08 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹17.11 Lakh | -₹11.37 Lakh | ₹1.74 Lakh | ₹3.49 Lakh | ₹1.93 Lakh |
| Investing Cash Flow | ₹16.63 Lakh | ₹6.16 Lakh | ₹0 | ₹0 | ₹0 |
| Financing Cash Flow | ₹0 | -₹69,000 | ₹0 | ₹0 | ₹0 |
| Capital Expenditure | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | -₹17.11 Lakh | -₹11.37 Lakh | ₹1.74 Lakh | ₹3.49 Lakh | ₹1.93 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹48,000 | -₹5.9 Lakh | ₹1.74 Lakh | ₹3.49 Lakh | ₹1.93 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1.9 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Income | ₹60,000 | ₹1.09 Lakh | ₹93,000 | ₹1.05 Lakh | ₹6.54 Lakh | ₹15.13 Lakh | ₹2.75 Lakh | ₹5.43 Lakh |
| Total Income | ₹2.5 Lakh | ₹1.09 Lakh | ₹93,000 | ₹1.05 Lakh | ₹6.54 Lakh | ₹15.13 Lakh | ₹2.75 Lakh | ₹5.43 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹1.6 Lakh | ₹40,000 | ₹21,000 | ₹40,000 | ₹3.1 Lakh | ₹1.2 Lakh | ₹1.69 Lakh | ₹24,000 |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹3,000 | ₹3,000 | ₹3,000 | ₹3,000 | ₹9,000 | ₹9,000 | ₹0 | ₹0 |
| Other Expenses | ₹50.27 Lakh | ₹3.21 Lakh | ₹3.29 Lakh | ₹29.21 Lakh | ₹5.55 Lakh | ₹7.57 Lakh | ₹87,000 | ₹1.65 Lakh |
| Total Expenses | ₹51.9 Lakh | ₹3.64 Lakh | ₹3.53 Lakh | ₹29.64 Lakh | ₹8.74 Lakh | ₹8.86 Lakh | ₹2.56 Lakh | ₹1.89 Lakh |
| Profit Before Exceptional Items & Tax | -₹49.4 Lakh | -₹2.55 Lakh | -₹2.6 Lakh | -₹28.59 Lakh | -₹2.2 Lakh | ₹6.27 Lakh | ₹19,000 | ₹3.54 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹49.4 Lakh | -₹2.55 Lakh | -₹2.6 Lakh | -₹28.59 Lakh | -₹2.2 Lakh | ₹6.27 Lakh | ₹19,000 | ₹3.54 Lakh |
| Total Tax Expense | ₹1,000 | ₹0 | ₹0 | ₹0 | ₹32,000 | ₹1.57 Lakh | ₹5,000 | ₹0 |
| Net Profit | -₹49.41 Lakh | -₹2.55 Lakh | -₹2.6 Lakh | -₹28.59 Lakh | -₹2.52 Lakh | ₹4.7 Lakh | ₹14,000 | ₹3.54 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹49.41 Lakh | -₹2.55 Lakh | -₹2.6 Lakh | -₹28.59 Lakh | -₹2.52 Lakh | ₹4.7 Lakh | ₹14,000 | ₹3.54 Lakh |
| EBITDA (computed) | -₹49.37 Lakh | -₹2.52 Lakh | -₹2.57 Lakh | -₹28.56 Lakh | -₹2.11 Lakh | ₹6.36 Lakh | ₹19,000 | ₹3.54 Lakh |
| Basic EPS | ₹-1.02 | ₹-0.05 | ₹-0.05 | ₹0.59 | ₹0.00 | ₹0.10 | ₹0.00 | ₹0.07 |
| Diluted EPS | ₹-1.02 | ₹-0.05 | ₹-0.05 | ₹0.59 | ₹0.00 | ₹0.10 | ₹0.00 | ₹0.07 |
Shareholding Pattern of Gujarat Winding Systems Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 9.17%, retail and other public shareholders hold 90.83% of Gujarat Winding Systems Limited. The company had 3,118 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 9.17% | 9.17% | 9.17% | 9.17% | 9.17% | 9.17% |
| Public | 90.83% | 90.83% | 90.83% | 90.83% | 90.83% | 90.83% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 9.17% | 9.17% | 9.17% |
| Public | 90.83% | 90.83% | 90.83% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Gujarat Winding Systems Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jan 1998 | Co-Operative Bank of Ahmedabad Ltd. | ₹20 Lakh | Open |
| 11 Sep 1996 | Bank of India | ₹50 Lakh | Open |
| 02 Feb 1996 | Scici Ltd. | ₹3.46 Cr | Open |
| 27 Jan 1994 | Bank of India | ₹25 Lakh | Open |
| 27 Jan 1994 | Bank of India | ₹30 Lakh | Open |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Gujarat Winding Systems Limited
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Employee and EPFO history for Gujarat Winding Systems Limited
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GST Compliance of Gujarat Winding Systems Limited
GST registrations and filing compliance for Gujarat Winding Systems Limited
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Credit Ratings, Litigation & Regulatory Alerts for Gujarat Winding Systems Limited
Credit ratings, litigation, and regulatory alerts for Gujarat Winding Systems Limited
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MSME Payment Delays by Gujarat Winding Systems Limited
MSME payment history for Gujarat Winding Systems Limited
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Subsidiaries & Group Companies of Gujarat Winding Systems Limited
Corporate group structure for Gujarat Winding Systems Limited
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MCA Filings & Documents of Gujarat Winding Systems Limited
MCA filings and documents for Gujarat Winding Systems Limited
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Recent Activity on Gujarat Winding Systems Limited
Frequently Asked Questions about Gujarat Winding Systems Limited
Gujarat Winding Systems Limited is an active public limited company in the packaging sector based in Ahmedabad, Gujarat, India. It was incorporated on 25 March 1988 (38+ years old) and is registered under CIN L22122GJ1988PLC010503. Listed on BSE: 541627.
Gujarat Winding Systems Limited reported revenue of ₹3.92 Lakh for FY 2026 based on standalone BSE filings.
The current directors of Gujarat Winding Systems Limited are:
- Hariprasad Govindram Khetan - Director
- Usha Hariprasad Khetan - Director
- Chandu Bhai Dhanabhai Vaghela - Director
The primary industry of Gujarat Winding Systems Limited is packaging. The company specifically operates in laminated and corrugated packaging. The company is currently active in this sector.
Yes. Gujarat Winding Systems Limited is listed on BSE with code 541627.
Gujarat Winding Systems Limited can be reached at the registered office: 08 Gokul Complex Opp. Nagri Hospital Gujarat College Road Ellisbridge, Ahmedabad, Gujarat, India – 380006, or through the website hitechwindingsystems.com.