Gujarat Winding Systems Limited

About

Gujarat Winding Systems Limited engages in the trading and production of clean cotton fibers though direct and commission sales. It is involved in the business of winding, manufacturing, dealing, import, export, stockists, agent, contractor, distributors, buyers, sellers, and processors of paper cones, tubes, containers, cans, drums, bags, boxes, wrappers, films, sheets, laminates, and packing materials made of paper, color paper, card board, corrugated sheet, pulp, and P.V.C. The company was formerly known as Hi-Tech Winding Systems Limited and changed its name to Gujarat Winding Systems Limited in February 2025. Gujarat Winding Systems Limited was incorporated in 1988 and is based in Ahmedabad, India.

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	0.00	0.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Expenses	0.02	0.52	0.04	0.04	0.30	0.09	0.09	0.03	0.01	0.00	0.00	0.01	0.01
Operating Profit	-0.02	-0.50	-0.04	-0.04	-0.30	-0.09	-0.09	-0.03	-0.01	0.00	0.00	-0.01	-0.01
OPM %	—	-2,500.00	—	—	—	—	—	—	—	—	—	—	—
Other Income	0.01	0.01	0.01	0.01	0.01	0.07	0.15	0.03	0.05	0.00	0.00	0.01	0.01
Depreciation	0.00	0.00	0.00	0.00	0.00	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	0.00	0.00	0.00	0.00	0.00
Profit before tax	-0.01	-0.49	-0.03	-0.03	-0.29	-0.02	0.06	0.00	0.04	0.00	0.00	0.00	0.00
Tax %	0.00	0.00	0.00	0.00	0.00	0.00	33.33	—	0.00	—	—	—	—
Net Profit	-0.01	-0.49	-0.03	-0.03	-0.29	-0.03	0.05	0.00	0.04	-0.01	0.00	0.00	0.00
EPS in Rs	-0.02	-1.01	-0.06	-0.06	-0.60	-0.06	0.10	0.00	0.08	-0.02	0.00	0.00	0.00

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	0.04	0.00	0.00	0.00	0.00	2.90	7.78	5.48	0.56	0.86	0.95	0.59
Expenses	0.89	0.22	0.01	0.08	0.10	2.94	7.74	5.34	0.66	0.85	0.94	0.58
Operating Profit	-0.85	-0.22	-0.01	-0.08	-0.10	-0.04	0.04	0.14	-0.10	0.01	0.01	0.01
OPM %	-2,125.00	—	—	—	—	-1.38	0.51	2.55	-17.86	1.16	1.05	1.69
Other Income	0.02	0.30	0.02	0.08	0.10	0.05	0.08	0.02	0.12	0.00	0.00	0.00
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.00	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	0.01	0.12	0.16	0.02	0.01	0.01	0.01
Tax %	0.00	25.00	0.00	—	—	0.00	25.00	25.00	50.00	0.00	0.00	0.00
Net Profit	-0.83	0.06	0.00	0.00	0.00	0.01	0.09	0.12	0.01	0.01	0.01	0.01
EPS in Rs	-1.71	0.12	0.00	0.00	0.00	0.02	0.19	0.25	0.02	0.02	0.02	0.02
Dividend Payout %	0.00	0.00	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	4.86	4.86	4.86	4.86	4.86	4.86	4.86	4.86	4.86	4.86	4.11	4.11
Reserves	-1.43	-0.67	-0.72	-0.72	-0.72	-0.72	-0.73	-0.82	-0.94	-0.95	-0.96	-0.97
Borrowings	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	1.00	0.00	0.00	0.00
Other Liabilities	0.01	0.11	0.08	0.09	0.09	0.08	0.08	0.08	0.52	0.01	0.01	0.01
Total Liabilities	3.44	4.30	4.22	4.23	4.23	4.22	4.21	5.12	5.44	3.92	3.16	3.15
Fixed Assets	0.00	0.00	0.01	0.01	0.01	0.02	0.03	0.04	0.00	0.00	0.00	0.00
CWIP	0.00	0.00	0.00	0.00	0.00	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	0.28	0.28	0.28	0.28	0.28
Other Assets	3.44	4.02	3.93	3.94	3.94	3.92	3.90	4.80	5.16	3.64	2.88	2.87
Total Assets	3.44	4.30	4.22	4.23	4.23	4.22	4.21	5.12	5.44	3.92	3.16	3.15

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016
Cash from Operating Activity	-0.17	-0.11	0.01	0.03	0.02	1.05	0.07	-1.05	-0.74	0.02
Cash from Investing Activity	0.17	0.06	0.01	0.00	0.00	0.00	-0.05	0.00	0.00	0.00
Cash from Financing Activity	0.00	-0.01	0.00	0.00	0.00	-1.00	0.00	1.00	0.75	0.00
Net Cash Flow	0.00	-0.06	0.02	0.03	0.02	0.05	0.01	-0.05	0.01	0.02
Free Cash Flow	-0.17	-0.05	0.02	0.03	0.02	1.05	0.02	-1.05	-0.74	0.02
CFO/OP %	20.00	41.00	-100.00	-38.00	-20.00	2,700.00	79.00	1,040.00	-7,400.00	200.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	0.00	—	—	—	—	59.16	21.58	24.64	391.07	59.42	42.26	61.86
Inventory Days	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle	0.00	—	—	—	—	59.16	21.58	24.64	391.07	59.42	42.26	61.86
Working Capital Days	1,460.00	—	—	—	—	62.93	70.37	177.17	1,622.95	967.67	868.32	1,385.76
ROCE %	-21.78	1.92	0.24	0.00	0.00	0.24	2.62	3.21	0.45	0.28	0.32	0.32

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	9.17	9.17	9.17	9.17	9.17	9.17	9.17	9.17	9.17	9.17	9.17	9.17
Public	90.83	90.83	90.85	90.83	90.83	90.83	90.83	90.83	90.83	90.83	90.83	90.83
No. of Shareholders	3,118	3,118	3,149	3,155	2,777	2,777	2,466	2,524	2,524	2,094	2,094	2,094