---
title: "Hindustan Wires Ltd (504713) — Share Price, Financials & Analysis"
symbol: "504713"
company: "Hindustan Wires Ltd"
canonical: "https://tapetide.com/stocks/504713"
isin: "INE075C01010"
bse_code: "504713"
sector: "Industrials"
industry: "Industrial Products"
generated_at: "2026-09-13T18:49:18.900Z"
---

# Hindustan Wires Ltd (504713)

Canonical page: https://tapetide.com/stocks/504713

## Company

- **BSE Code:** 504713
- **ISIN:** INE075C01010
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2014-11-25
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** hwlgas.com

## About

Hindustan Wires is primarily engaged in the business of manufacture, filling of Gas in containers, testing of gas cylinders and transportation of Industrial Gases.(Source : 201903 Annual Report Page No: 41)

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Stock is trading at 0.85 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 2.34% over past five years.
- Company has a low return on equity of 8.25% over last 3 years.
- Earnings include an other income of Rs.3.17 Cr.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 343% | 24% | 12% |
| revenue growth | 28% | 3% | 2% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.68 | 1.67 | 1.71 | 1.96 | 2.18 | 1.65 | 1.01 | 1 | 2.37 | 1.42 | 1.85 | 1.32 |
| Expenses | 1.38 | 1.39 | 1.53 | 1.66 | 1.79 | 1.39 | 1.43 | 1.35 | 39.24 | 1.47 | 1.93 | 1.49 |
| Operating Profit | 0.3 | 0.28 | 0.18 | 0.3 | 0.39 | 0.26 | -0.42 | -0.35 | -36.87 | -0.05 | -0.08 | -0.17 |
| OPM % | 17.86 | 16.77 | 10.53 | 15.31 | 17.89 | 15.76 | -41.58 | -35 | -1555.7 | -3.52 | -4.32 | -12.88 |
| Other Income | 0.44 | 0.4 | 0.3 | 0.48 | 0.68 | 1.71 | 0.58 | 0.24 | 75.04 | 0.05 | 0.22 | 0.28 |
| Interest | 0.04 | 0.04 | 0 | 0.04 | 0.08 | 0.08 | 0.03 | 0.04 | 0.05 | 0.06 | 0.15 | 0.34 |
| Depreciation | 0.06 | 0.06 | 0.06 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.01 | 0.01 | 0.01 | 0.01 |
| Profit before tax | 0.64 | 0.58 | 0.42 | 0.7 | 0.95 | 1.85 | 0.09 | -0.19 | 38.11 | -0.07 | -0.02 | -0.24 |
| Tax % | -1.56 | 1.72 | 0 | 24.29 | 25.26 | 7.57 | 155.56 | -189.47 | 23.38 | -85.71 | 1900 | 12.5 |
| Net Profit | 0.66 | 0.57 | 0.42 | 0.52 | 0.71 | 1.7 | -0.05 | 0.17 | 29.19 | -0.01 | -0.4 | -0.27 |
| EPS in Rs | 0.67 | 0.58 | 0.43 | 0.53 | 0.72 | 1.73 | -0.05 | 0.17 | 29.73 | -0.01 | -0.41 | -0.27 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 4.99 | 4.91 | 4.17 | 5.74 | 6.68 | 6.36 | 6.77 | 5.41 | 5.86 | 7.5 |
| Expenses | 4.71 | 4.66 | 4.2 | 5.37 | 5.29 | 8.52 | 5.64 | 6.27 | 43.91 | 8.03 |
| Operating Profit | 0.28 | 0.25 | -0.03 | 0.37 | 1.39 | -2.16 | 1.13 | -0.86 | -38.05 | -0.53 |
| OPM % | 5.61 | 5.09 | -0.72 | 6.45 | 20.81 | -33.96 | 16.69 | -15.9 | -649.32 | -7.07 |
| Other Income | 0.94 | 0.13 | 0.86 | -0.36 | 0.79 | 7.86 | 1.66 | 4.82 | 76.79 | 3.17 |
| Interest | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0 | 0.14 | 0.22 | 0.29 | 1.41 |
| Depreciation | 0.19 | 0.36 | 0.36 | 0.36 | 0.46 | 0.46 | 0.23 | 0.17 | 0.07 | 0.04 |
| Profit before tax | 1.02 | 0.01 | 0.46 | -0.36 | 1.71 | 5.24 | 2.42 | 3.57 | 38.38 | 1.19 |
| Tax % | 43.14 | 5000 | 8.7 | 0 | 0 | 0 | 28.51 | 22.41 | 23.48 | -172.27 |
| Net Profit | 0.58 | -0.49 | 0.42 | -0.36 | 1.7 | 5.24 | 1.73 | 2.77 | 29.37 | 3.24 |
| EPS in Rs | 0.66 | -0.56 | 0.43 | -0.37 | 1.73 | 5.34 | 1.76 | 2.82 | 29.91 | 3.3 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 8.82 | 8.82 | 9.82 | 9.82 | 9.82 | 9.82 | 9.82 | 9.82 | 9.82 | 9.82 |
| Reserves | -11.35 | -11.83 | -11.41 | -11.77 | -10.08 | -4.83 | 1.5 | 1.75 | 32.29 | 36.13 |
| Borrowings | 7.49 | 7.29 | 6.08 | 5.81 | 4.9 | 4.9 | 1.52 | 4.2 | 18.98 | 13.94 |
| Other Liabilities | 1.17 | 1.13 | 1.16 | 11.11 | 13.93 | 11.02 | 10.47 | 0.49 | 0.46 | 0.52 |
| Total Liabilities | 6.13 | 5.41 | 5.65 | 14.97 | 18.57 | 20.91 | 23.31 | 16.26 | 61.55 | 60.41 |
| Fixed Assets | 3.16 | 3.14 | 2.75 | 2.41 | 2.08 | 1.61 | 1.38 | 1.22 | 0.2 | 0.32 |
| CWIP | 0.19 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0.58 | 1.04 | 2.94 | 25.95 | 24.55 |
| Other Assets | 2.78 | 2.27 | 2.9 | 12.56 | 16.49 | 18.72 | 20.89 | 12.1 | 35.4 | 35.54 |
| Total Assets | 6.13 | 5.41 | 5.65 | 14.97 | 18.57 | 20.91 | 23.31 | 16.26 | 61.55 | 60.41 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 1.43 | 0.27 | -0.6 | 6.14 | 3.51 | 6.58 | -2.07 | -2.83 | -31.82 | 1.25 |
| Cash from Investing Activity | -1.11 | -0.16 | 0.03 | -0.79 | 0.78 | -0.64 | 2.04 | 1.45 | 19.83 | 5.15 |
| Cash from Financing Activity | -0.6 | 0 | 1 | -5.27 | -4.26 | -5.97 | 0 | -0.06 | 11.91 | -6.45 |
| Net Cash Flow | -0.28 | 0.11 | 0.43 | 0.08 | 0.03 | -0.03 | -0.04 | -1.44 | -0.08 | -0.05 |
| Free Cash Flow | 0.32 | 0.11 | -0.57 | 6.12 | 3.36 | 6.69 | -2.08 | -2.83 | 7.11 | 1.37 |
| CFO/OP | 511 | 108 | 2000 | 1662 | 255 | -313 | -147 | 284 | 61 | -319 |

### Ratios

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 38.04 | 38.66 | 62.15 | 47.69 | 49.72 | 39.03 | 38.28 | 23.61 | 15.57 | 22.39 |
| Inventory Days | 3.42 | 4.01 | 8.41 | 4.95 | 3.7 | 7.42 | 5.37 | 9.73 | 0 | 0 |
| Days Payable | 19.39 | 33.42 | 33.64 | 18.56 | 20.96 | 26.71 | 28.18 | 27.98 | — | — |
| Cash Conversion Cycle | 22.07 | 9.24 | 36.92 | 34.08 | 32.46 | 19.74 | 15.47 | 5.36 | 15.57 | 22.39 |
| Working Capital Days | -3.66 | -27.51 | -16.63 | -1.27 | 108.19 | 367.3 | 448.03 | 644.32 | 2102.8 | 1546.63 |
| ROCE % | 20.7 | 0.43 | 10.95 | 25.15 | 44.71 | 30.83 | 22.53 | 26.49 | 3.28 | 4.68 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Jun 2019 |
| --- | --- | --- | --- | --- |
| Promoters | 74.66% | 74.66% | 74.66% | 92.3% |
| DIIs | 3.2% | 3.2% | 3.18% | 1.93% |
| Public | 22.14% | 22.14% | 22.16% | 5.77% |
| No. of Shareholders | 3352 | 3358 | 3375 | 3301 |

### Quarterly

| Category | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 74.66% | 74.66% | 74.66% | 74.66% | 74.66% | 74.66% | 74.66% | 74.66% | 74.66% | 74.66% | 74.66% | 92.3% |
| DIIs | 3.2% | 3.2% | 3.2% | 3.2% | 3.2% | 3.2% | 3.2% | 3.2% | 3.2% | 3.2% | 3.18% | 1.93% |
| Public | 22.14% | 22.14% | 22.14% | 22.14% | 22.14% | 22.14% | 22.14% | 22.14% | 22.14% | 22.14% | 22.16% | 5.77% |
| No. of Shareholders | 3353 | 3369 | 3352 | 3353 | 3359 | 3363 | 3358 | 3374 | 3381 | 3390 | 3375 | 3301 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 6 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 3372.55 | Sell |
| EMA (10) | 3338.14 | Sell |
| SMA (20) | 3395.08 | Sell |
| EMA (20) | 3359.42 | Sell |
| SMA (50) | 3387.33 | Sell |
| EMA (50) | 3391.18 | Sell |
| SMA (100) | 3474.2 | Sell |
| EMA (100) | 3449.06 | Sell |
| SMA (200) | 3531.15 | Sell |
| EMA (200) | 3542.28 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 44.48 | Neutral |
| MACD (12,26,9) | -18.77 | Sell |
| Stochastic (14,3,3) | 30.07 | Neutral |
| ADX (14) | 17.8 | Neutral |
| Williams %R (14) | -58.69 | Neutral |
| ATR (14) | 117.92 | High Volatility |
| ROC (12) | -3.4 | Sell |
| Stoch RSI (14) | 18.99 | Buy |
| UO (7,14,28) | 58.57 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 25 Feb - Interim dividend Rs0.10 per share (1%); record date Mar 7, 2026; payment by Mar 24, 2026. | [Corporate Action-Board approves Dividend 25 Feb - Interim dividend Rs0.10 per share (1%); record date Mar 7, 2026; payment by Mar 24, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9c1ed15f-3b66-4037-b0e7-606031aafc35.pdf) |
| 25 Feb - Interim dividend Rs.10,19,924.1 (1% per share); record date Mar 07, 2026; payment by Mar 24, 2026. | [Board Meeting Outcome for Outcome Of Board Meeting Held On 25.02.2026 25 Feb - Interim dividend Rs.10,19,924.1 (1% per share); record date Mar 07, 2026; payment by Mar 24, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/29151a18-c305-4902-9fa0-61990b2e1553.pdf) |
| 25 Feb - Authorizes KMPs Nikesh Bardia (CMD), Nitin Kumar Bardia (CFO); contacts Nikesh Bardia, Rishika Verma. 25.02.2026 | [Disclosure Under Regulation 30(5) SEBI (LODR) Regulation, 2015- Authorisation Of KMP 25 Feb - Authorizes KMPs Nikesh Bardia (CMD), Nitin Kumar Bardia (CFO); contacts Nikesh Bardia, Rishika Verma. 25.02.2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c3c2ad15-2573-49d0-b850-16468cc999b1.pdf) |
| 17m - Board meeting on 25.02.2026 to propose interim dividend; record date 07.03.2026; payment by 24.03.2026 | [Board Meeting Intimation for Meeting Scheduled To Be Held On 25.02.2026 17m - Board meeting on 25.02.2026 to propose interim dividend; record date 07.03.2026; payment by 24.03.2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/837d41e7-0bee-4249-8852-d1829a4fe65c.pdf) |
| 14 Nov 2025 - Approved H1 results: total income ₹5,485.44 lakh, PAT ₹320.44 lakh, EPS ₹3.18; limited review dated 14-Nov-2025. | [Board Meeting Outcome for Outcome Of Board Meeting Held On 14.11.2025 14 Nov 2025 - Approved H1 results: total income ₹5,485.44 lakh, PAT ₹320.44 lakh, EPS ₹3.18; limited review dated 14-Nov-2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/350ff3e6-68de-48ba-b090-d5d93adfd599.pdf) |
| 12 Jan - Submitted Regulation 74(5) certificate for quarter ended 31 Dec 2025; Bigshare reports no demat/remat requests. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 12 Jan - Submitted Regulation 74(5) certificate for quarter ended 31 Dec 2025; Bigshare reports no demat/remat requests.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e7a0a24b-23f0-4db9-b4a2-53443666a8f3.pdf) |
| — | [Corporate Action- Fixes Record Date For Interim Dividend For FY 2025-26 25 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/977be4aa-c60a-4ffb-9f9a-22ed6dbf6cda.pdf) |
| — | [Corporate Action-Board to consider Dividend 17 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/aa272199-4dd1-4323-bfd9-daea67c44540.pdf) |
| — | [Results- Financial Results For Half Year Ended 30.09.2025 14 Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3b1bad78-ab01-4842-8ab3-9f288c934a0d.pdf) |
| — | [Fixes Book Closure for AGM (Cut-off date for e-voting) 17 Aug 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=13AFA680_7277_4290_8606_F017EC3CAD55_150836.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/092a9d84-ebb9-4325-b7e1-f63d5d2862e4.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1e0218d6-205e-4af8-9ae7-79a93c0fcd62.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/269076b5-075f-446e-a5d5-3fa671d69418.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/543518/74712543518_14_09_22.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/504713/5047130319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/504713/5047130318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/504713/5047130317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/504713/5047130316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/504713/5047130315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/504713/5047130314.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:49:18.900Z.