Hindustan Wires Ltd

Produces and trades industrial gases, also involved in financial activities.

1959 | Kolkata, West Bengal (India) | Active
Last Updated: November 16, 2024

Hindustan Wires Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 9.82 Cr
  • Company Age 65 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 49.90 Cr
  • Satisfied Charges ₹ 122.48 Cr
  • Revenue Growth -17.88%
  • Profit Growth -68.01%
  • Ebitda -167.88%
  • Net Worth 3.72%
  • Total Assets -7.67%

About Hindustan Wires

Hindustan Wires Ltd (HWL) was founded in India on 28 March 1959 and has a glorious history of 65 years and ten months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 9.82 Cr.

The company currently has active open charges totaling ₹49.90 Cr. The company has closed loans amounting to ₹122.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hindustan Wires Ltd India are Sita Sharma as CFO and Manisha Tibrewal as Company Secretary. Uma Bhartia, Gobind Goenka, and Pooja Jhaver serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27106WB1959PLC024177

  • Company No.

    024177

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Mar 1959

  • Date of AGM

    18 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Chemicals and Materials

What products or services does Hindustan Wires Ltd offer?

Hindustan Wires Ltd offers a wide range of products and services, including Liquid Gas, Liquid Carbon Dioxide, Medical Gases, Nitrogen Gas.

Who are the key members and board of directors at Hindustan Wires?

Executive Team (2)

Name Designation Appointment Date Status
Sita Sharma Country flag representing In CFO 25-May-2016 Current
Manisha Tibrewal Company Secretary 29-Aug-2024 Current

Board Members (3)

Name Designation Appointment Date Status
Pooja Jhaver Country flag representing In Director 06-Apr-2015 Current
Uma Bhartia Country flag representing In Director 28-Sep-1981 Current
Gobind Goenka Country flag representing In Director 31-Oct-2002 Current

Financial Performance of Hindustan Wires.

Hindustan Wires Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.88% decrease. The company also saw a substantial fall in profitability, with a 68.01% decrease in profit. The company's net worth moved up by a moderate rise of 3.72%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-17.88%
Revenue from Operations
-12.93%
Total Assets
-7.67%
Profit or Loss
-68.01%
Net Worth
3.72%
EBITDA
-167.88%

What is the Ownership and Shareholding Structure of Hindustan Wires?

In 2023, Hindustan Wires had a promoter holding of 95.10% and a public holding of 4.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹49.90 Cr

Satisfied Charges

₹122.48 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 35.00 Cr
  • Axis Bank Limited : 14.90 Cr

Latest Charge Details

Date Lender Amount Status
13 Sep 2023 Axis Bank Limited ₹14.90 Cr Open
26 Sep 2018 Hdfc Bank Limited ₹35.00 Cr Open
09 Jun 1995 State Bank Of India ₹8.00 M Satisfied
21 Mar 1995 State Bank Of India ₹33.57 Cr Satisfied
13 Jul 1994 State Bank Of India ₹33.57 Cr Satisfied

How Many Employees Work at Hindustan Wires?

Hindustan Wires has a workforce of 7 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hindustan Wires, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hindustan Wires's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Hindustan Wires

Recent activity within the organization

  • Annual General Meeting

    Hindustan Wires Ltd last Annual general meeting of members was held on 18 Sep 2024 as per latest MCA records.

    18 Sep 2024

  • Director Appointment

    Manisha Tibrewal was appointed as a Company Secretary was appointed as a Company Secretary on 29 Aug 2024 & has been associated with this company since 5 months 4 days .

    29 Aug 2024

  • Balance Sheet

    Hindustan Wires Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 14.90 Cr with Charge ID 100783328 was registered on 13 Sep 2023.

    13 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 35.00 Cr with Charge ID 100209548 was registered on 26 Sep 2018.

    26 Sep 2018

  • Director Appointment

    Sita Ram Sharma was appointed as a Cfo was appointed as a Cfo on 25 May 2016 & has been associated with this company since 8 years 8 months .

    25 May 2016

Frequently asked questions

  • Hindustan Wires Ltd was incorporated on 28 Mar 1959.

  • The authorized share capital of Hindustan Wires Ltd is ₹ 15.00 Cr and paid-up capital is ₹ 9.82 Cr.

  • Currently 5 directors are associated with Hindustan Wires Ltd.

    • Uma Shankar Bhartia
    • Gobind Ram Goenka
    • Pooja Jhaver
    • Sita Ram Sharma
    • Manisha Tibrewal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hindustan Wires Ltd is 5Th Floor 3A Shakespeare Sarani, India, Kolkata, West Bengal, 700071.

  • The corporate identification number (CIN) of Hindustan Wires Ltd is U27106WB1959PLC024177 and the company number is 024177 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hindustan Wires Ltd is https://www.hwlgas.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hindustan Wires Ltd has fallen by -17.88%.

  • As Per 2023 financial reports, 7 employees are currently employed by Hindustan Wires Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hindustan Wires Ltd has experienced an upsurge of 3.72%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hindustan Wires Ltd amount to ₹ 49.90 Cr.

  • The most recent Balance Sheet for Hindustan Wires Ltd was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Industrial & Specialty Gases