Hero Wiretex Limited
About Hero Wiretex Limited
Data last updated:
Hero Wiretex Limited is a public limited company based in Srikakulam, Andhra Pradesh, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 11 February 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U31300AP1991PLC012315. The company has 5 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹14 Cr and a paid-up capital of ₹13.73 Cr. It was formerly known as Hero Wiretex Private Limited and Sri Vasavi Rajam Cable & Conductors Private Limited. It is led by directors including Grandhi Butchi Raju (Managing Director) and Sridhar Vanjarapu.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Anthakapally Rajam Srikakulam Road, Andhra Pradesh, India – 532127.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.73 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹2.55 Cr and EBITDA of -₹1.28 Cr. Revenue has declined at a compounded annual rate (CAGR) of 89% over three years and 65% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹33 Cr and satisfied charges of ₹10.61 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressAnthakapally Rajam Srikakulam Road, Andhra Pradesh, India – 532127
- IndustryManufacturing, Cable & Wire
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Name History of Hero Wiretex Limited
Hero Wiretex has undergone 3 name changes throughout its history. The company was previously known as Hero Wiretex Private Limited, Sri Vasavi Rajam Cable & Conductors Private Limited, and Svr Cables Private Limited. The current legal name is Hero Wiretex Limited.
| Company Name | Status |
|---|---|
| Hero Wiretex Limited | Current |
| Hero Wiretex Private Limited | Previous |
| Sri Vasavi Rajam Cable & Conductors Private Limited | Previous |
| Svr Cables Private Limited | Previous |
CIN History of Hero Wiretex Limited
Hero Wiretex has one previous CIN (Corporate Identification Number): U31300AP1991PTC012315. The current CIN is U31300AP1991PLC012315, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31300AP1991PLC012315 | Current |
| U31300AP1991PTC012315 | Previous |
Business Activity of Hero Wiretex Limited
The main business activity of Hero Wiretex is manufacturing. In detail, this covers manufacture of food products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 10 | Manufacture of food products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Hero Wiretex Limited
Hero Wiretex Limited is audited by Ashish Kumar Agrawal & Co for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ashish Kumar Agrawal & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Hero Wiretex Limited
Hero Wiretex Limited currently reports 3 directors and 1 key managerial person. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sridhar Vanjarapu | Additional Director | 05 Jan 2021 | 5 Years 9 Months | Current |
| Ramesh Velivela | Additional Director | 22 Oct 2020 | 5 Years 11 Months | Current |
| Grandhi Butchi Raju | Managing Director | 05 Jan 2021 | 5 Years 9 Months | Current |
| Raveendra Sangapu | Cfo | 03 Aug 2018 | 8 Years 2 Months | Current |
Financials of Hero Wiretex Limited FY 2024 filings available
Hero Wiretex Limited reported revenue of ₹1.73 Lakh (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Hero Wiretex Limited
Revenue has declined at a compounded annual rate (CAGR) of 65% over five years, including a 2% fall in the latest year. EBITDA rose 54% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Hero Wiretex Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.28 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.55 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Hero Wiretex Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Hero Wiretex are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Hero Wiretex Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Hero Wiretex Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 May 2016 | Hdfc Bank Limited | ₹10 Cr | Open |
| 18 Nov 2015 | Syndicate Bank | ₹23 Cr | Open |
| 24 Mar 1999 | Indian Renewable Energy Development Agency Limited | ₹5.9 Cr | Satisfied |
| 04 Apr 1996 | State Bank of India | ₹3.51 Cr | Satisfied |
| 30 Jun 1993 | Andhra Bank | ₹60 Lakh | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Hero Wiretex Limited
Hero Wiretex Limited has a workforce of 1 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Hero Wiretex Limited
Hero Wiretex has 5 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Hero Wiretex Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Hero Wiretex Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Hero Wiretex Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Hero Wiretex Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Hero Wiretex Limited
Frequently Asked Questions about Hero Wiretex Limited
Hero Wiretex is an active public limited company based in Srikakulam, Andhra Pradesh, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 11 February 1991 (35+ years old) and is registered under CIN U31300AP1991PLC012315.
Hero Wiretex reported revenue of ₹1.73 Lakh for FY 2025 (down 2% YoY).
Hero Wiretex has 4 current directors and KMP:
- Grandhi Butchi Raju - Managing Director
- Sridhar Vanjarapu - Additional Director
- Ramesh Velivela - Additional Director
- Raveendra Sangapu - Cfo
Hero Wiretex reported a net loss of ₹2.55 Cr and EBITDA of -₹1.28 Cr for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hero Wiretex is -89% over three years and -65% over five years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
No. Hero Wiretex has 5 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Hero Wiretex is U31300AP1991PLC012315. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hero Wiretex was incorporated on 11 February 1991, making it 35+ years old. It is registered with the Registrar of Companies, Vijayawada.
The registered office of Hero Wiretex is at Anthakapally Rajam Srikakulam Road, Andhra Pradesh, India – 532127.