--- title: "Gujarat Wedge Wire Screens Ltd (513129) — Share Price, Financials & Analysis" symbol: "513129" company: "Gujarat Wedge Wire Screens Ltd" canonical: "https://tapetide.com/stocks/513129" isin: "INE090J01014" bse_code: "513129" sector: "Industrials" industry: "Industrial Products" generated_at: "2026-09-13T19:16:05.583Z" --- # Gujarat Wedge Wire Screens Ltd (513129) Canonical page: https://tapetide.com/stocks/513129 ## Company - **BSE Code:** 513129 - **ISIN:** INE090J01014 - **Sector:** Industrials - **Industry:** Industrial Products - **Macro Sector:** Industrials - **Stock Type:** EQUITY - **Face Value:** ₹10 - **F&O Eligible:** No - **Website:** wedgewirescreen.com ## About Gujarat Wedge Wire Screens Ltd. engages primarily in producing high Precision Looped type Wedge Wire Screens in various shapes and sizes. ## Latest Price ## Key Insights ### Strengths - Debtor days have improved from 122 to 50.0 days. ### Weaknesses - Company has low interest coverage ratio. - The company has delivered a poor sales growth of -18.2% over past five years. ## Growth Rates | Metric | 1Y | 3Y | 5Y | | --- | --- | --- | --- | | net income growth | -397% | — | — | | revenue growth | -48% | -37% | -18% | ## Financial Statements ### Quarterly Results All figures in ₹ crore unless the row name says otherwise. | Item | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Sales | 1.11 | 0.77 | 1.09 | 0.89 | 0.7 | 0.98 | 0.62 | 0.66 | 1.43 | 0.24 | 0.71 | 0.28 | | Expenses | 1.06 | 0.76 | 1.05 | 0.82 | 0.69 | 0.92 | 0.74 | 0.55 | 1.44 | 0.25 | 0.73 | 0.43 | | Operating Profit | 0.05 | 0.01 | 0.04 | 0.07 | 0.01 | 0.06 | -0.12 | 0.11 | -0.01 | -0.01 | -0.02 | -0.15 | | OPM % | 4.5 | 1.3 | 3.67 | 7.87 | 1.43 | 6.12 | -19.35 | 16.67 | -0.7 | -4.17 | -2.82 | -53.57 | | Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Interest | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | | Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.04 | 0.02 | 0.02 | 0.02 | -0.01 | | Profit before tax | 0.02 | -0.02 | 0.01 | 0.04 | -0.02 | 0.03 | -0.15 | 0.06 | -0.05 | -0.05 | -0.06 | -0.16 | | Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Net Profit | 0.02 | -0.02 | 0.01 | 0.04 | -0.02 | 0.02 | -0.15 | 0.07 | -0.05 | -0.05 | -0.06 | -0.16 | ### Profit & Loss All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Sales | 3.97 | 3.46 | 3.14 | 3.74 | 2.6 | 3.5 | 3.85 | 2.61 | 1.83 | 0.95 | | Expenses | 3.55 | 3.33 | 2.9 | 3.51 | 2.84 | 3.35 | 3.74 | 2.88 | 2.03 | 2.4 | | Operating Profit | 0.42 | 0.13 | 0.24 | 0.23 | -0.24 | 0.15 | 0.11 | -0.27 | -0.2 | -1.45 | | OPM % | 10.58 | 3.76 | 7.64 | 6.15 | -9.23 | 4.29 | 2.86 | -10.34 | -10.93 | -152.63 | | Other Income | 0 | 0.06 | 0.01 | 0 | 0.12 | 0.01 | 0.03 | 0.35 | 0.02 | 0.01 | | Interest | 0.1 | 0.1 | 0.09 | 0.07 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.07 | | Depreciation | 0.11 | 0.11 | 0.12 | 0.12 | 0.06 | 0.06 | 0.03 | 0.08 | 0.05 | 0.03 | | Profit before tax | 0.21 | -0.02 | 0.04 | 0.04 | -0.26 | 0.02 | 0.03 | -0.08 | -0.31 | -1.54 | | Tax % | 42.86 | 100 | 25 | 25 | -7.69 | 0 | 0 | 0 | 0 | 0 | | Net Profit | 0.12 | -0.04 | 0.03 | 0.03 | -0.24 | 0.02 | 0.02 | -0.08 | -0.31 | -1.54 | | 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 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Equity Capital | 0.82 | 0.82 | 0.82 | 0.82 | 0.82 | 0.82 | 0.82 | 0.82 | 0.82 | 0.82 | | Reserves | 0.1 | 0.04 | 0.05 | 0.06 | -0.18 | -0.15 | -0.13 | -0.3 | -0.61 | -2.15 | | Borrowings | 0.88 | 0.92 | 0.82 | 0.91 | 0.88 | 0.77 | 0.61 | 0.77 | 0.81 | 0.92 | | Other Liabilities | 1.9 | 1.75 | 1.68 | 1.69 | 2.25 | 2.21 | 2.22 | 1.8 | 2.02 | 2.23 | | Total Liabilities | 3.7 | 3.53 | 3.37 | 3.48 | 3.77 | 3.65 | 3.52 | 3.09 | 3.04 | 1.82 | | Fixed Assets | 0.67 | 0.68 | 0.64 | 0.54 | 0.51 | 0.5 | 0.49 | 0.33 | 0.29 | 0.26 | | CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Other Assets | 3.03 | 2.85 | 2.73 | 2.94 | 3.26 | 3.15 | 3.03 | 2.76 | 2.75 | 1.56 | | Total Assets | 3.7 | 3.53 | 3.37 | 3.48 | 3.77 | 3.65 | 3.52 | 3.09 | 3.04 | 1.82 | ### Cash Flow All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Cash from Operating Activity | 0.36 | 0.2 | 0.48 | -0.09 | 0.12 | 0.17 | 0.32 | -0.09 | 0.05 | 0.07 | | Cash from Investing Activity | -0.12 | -0.11 | -0.08 | -0.03 | -0.03 | -0.03 | -0.02 | 0 | 0 | 0.02 | | Cash from Financing Activity | -0.24 | -0.08 | -0.21 | 0.01 | -0.13 | -0.18 | -0.22 | 0.09 | -0.08 | -0.06 | | Net Cash Flow | 0 | 0.01 | 0.19 | -0.11 | -0.04 | -0.04 | 0.08 | -0.01 | -0.02 | 0.03 | | Free Cash Flow | 0.24 | 0.09 | 0.4 | -0.12 | 0.09 | 0.14 | 0.3 | -0.09 | 0.04 | 0.1 | | CFO/OP | 98 | 208 | 200 | -30 | -67 | 113 | 291 | 33 | -25 | -5 | ### Ratios | Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Debtor Days | 203.19 | 198.32 | 188.31 | 193.24 | 273.75 | 193.97 | 130.83 | 127.26 | 187.49 | 49.95 | | Inventory Days | 157.41 | 209.3 | 201.57 | 160.51 | 378.27 | 298.17 | 296.29 | 475.61 | 996.15 | 249.54 | | Days Payable | 346.75 | 367.55 | 378.62 | 321.02 | 557.45 | 434.4 | 356.41 | 556.72 | 1064.58 | 536.33 | | Cash Conversion Cycle | 13.84 | 40.07 | 11.26 | 32.72 | 94.57 | 57.74 | 70.71 | 46.15 | 119.05 | -236.84 | | Working Capital Days | 107.57 | 119.21 | 102.29 | 107.35 | 127.75 | 91.77 | 62.57 | 76.92 | 57.84 | -534.05 | | ROCE % | 16.58 | 4.47 | 7.49 | 6.32 | -10.88 | 6.76 | 8.03 | 0 | -19.91 | -481.97 | ## Shareholding Pattern ### annual | Category | Dec 2011 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Promoters | 59.29% | 58.96% | 58.97% | 58.97% | 58.54% | 49.06% | 59.29% | 59.29% | 63.28% | 67.6% | 43.83% | | DIIs | 0.02% | 0.05% | 0.11% | 0.11% | 0.11% | 0.05% | 0.02% | 0.02% | 0.02% | 0.02% | 0.01% | | Public | 40.7% | 41% | 40.92% | 40.92% | 41.35% | 50.9% | 40.69% | 40.69% | 36.69% | 32.38% | 56.15% | | No. of Shareholders | 4745 | 4083 | 3937 | 3875 | 3831 | 3902 | 4517 | 4536 | 4875 | 5490 | 5404 | ### Quarterly | Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Promoters | 59.29% | 63.28% | 63.28% | 63.28% | 63.28% | 63.28% | 63.28% | 67.61% | 67.6% | 67.6% | 43.83% | 43.83% | | DIIs | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.01% | 0.01% | | Public | 40.69% | 36.7% | 36.69% | 36.71% | 36.69% | 36.69% | 36.7% | 32.37% | 32.38% | 32.38% | 56.16% | 56.15% | | No. of Shareholders | 4536 | 4381 | 4536 | 4560 | 4875 | 5191 | 5121 | 5426 | 5490 | 5804 | 5619 | 5404 | ## Technical Indicators Derived from daily closing prices and recomputed each trading session; values move with the market. - **Overall Signal:** Strong Sell - **Buy / Neutral / Sell:** 5 / 2 / 12 ### Moving Averages — summary: **Strong Sell** | Indicator | Value | Signal | | --- | --- | --- | | SMA (10) | 88.88 | Sell | | EMA (10) | 88.54 | Sell | | SMA (20) | 92.53 | Sell | | EMA (20) | 90.94 | Sell | | SMA (50) | 95.15 | Sell | | EMA (50) | 94.28 | Sell | | SMA (100) | 97.7 | Sell | | EMA (100) | 97.42 | Sell | | SMA (200) | 103.87 | Sell | | EMA (200) | 103.33 | Sell | ### Oscillators — summary: **Strong Buy** | Indicator | Value | Signal | | --- | --- | --- | | RSI (14) | 29.68 | Buy | | MACD (12,26,9) | -2.72 | Sell | | Stochastic (14,3,3) | 12.24 | Buy | | ADX (14) | 27.3 | Buy | | Williams %R (14) | -94.04 | Buy | | ATR (14) | 2.75 | High Volatility | | ROC (12) | -9.36 | Sell | | Stoch RSI (14) | 12.79 | Buy | | UO (7,14,28) | 41.2 | Neutral | ## Filings & Documents ### Other Documents | Date | Document | | --- | --- | | 19 Jan - Uma Balakrishnan (DIN:07066021) resigned as Independent Director effective 19 Jan 2026; ceased committee memberships. | [Announcement under Regulation 30 (LODR)-Resignation of Director 19 Jan - Uma Balakrishnan (DIN:07066021) resigned as Independent Director effective 19 Jan 2026; ceased committee memberships.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e171a58b-4440-493f-b305-1490c99b76de.pdf) | | 19 Jan - Appointed Mr. Suresh S. Shah as Independent Director for five years, effective 19 Jan 2026, subject to shareholder approval. | [For Appointment Of Additional Director Mr. Suresh S. Shah As Independent Director Of The Company 19 Jan - Appointed Mr. Suresh S. Shah as Independent Director for five years, effective 19 Jan 2026, subject to shareholder approval.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/88c8d770-5052-4b94-a7af-adac2c888c39.pdf) | | 16 Feb - Rights issue raised ₹6.29 crore; fully utilized; Monitoring Agency certificate dated 14 Feb 2026. | [Compliances For The Quarter Ended 31St December, 2025 16 Feb - Rights issue raised ₹6.29 crore; fully utilized; Monitoring Agency certificate dated 14 Feb 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6e96d5c3-9279-4ca3-887e-f9fc98e24a57.pdf) | | 11 Feb - Amrita P. Deodhar released pledge on 2,500,000 shares (19.89%) on 10 Feb 2026. | [Intimation From Promoter For Release Of Pledge Shares 11 Feb - Amrita P. Deodhar released pledge on 2,500,000 shares (19.89%) on 10 Feb 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/324c3ec1-15c8-4555-a508-582ec51e26c0.pdf) | | — | [Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 11 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1C84032A_BE1F_4DD7_9B22_E6F88C2E93F1_122121.pdf) | ### Annual Reports | Date | Document | | --- | --- | | from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8f316c32-adf5-4681-8052-9f7e80409099.pdf) | | from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/565f1693-5503-45ec-a530-ec3ad76d60fe.pdf) | | from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/825dad4d-7314-4544-9ce8-6fa6988c36a7.pdf) | | from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/517096/77267517096.pdf) | | from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/517096/72738517096_24_11_21.pdf) | | from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/517096/67178517096.pdf) | | from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/517096/5170960319.pdf) | | from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/517096/5170960318.pdf) | | from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/517096/5170960317.pdf) | | from bse | [Financial Year 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/517096/5170960316.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 2026-09-13T19:16:05.583Z.