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Hindustan Tin Works Ltd Packaging
(%)
  • NSE
  • BSE

Overview

  • BSE Code 530315
  • NSE Symbol HINDTINWRK
  • ISIN Demat INE428D01019
  • Book Value (₹) 207.02
  • Face Value (₹) 10.00
  • Market Cap (₹ Cr.) 159.27
  • P/E (TTM) 12.98
  • EPS (TTM) 11.80
  • Div Yield (%) 0.00

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About Hindustan Tin Works Ltd

Hindustan Tin Works was formally created and deployed as a legal entity Dec.'58 as a private limited company to trade in and manufacture tin metal containers and tin sheets. The company was converted into a public limited company in Dec.'93.

The company's product range includes various types of tin/metal containers used in packaging baby foods, edible oils, paints, pure ghee, lubricants etc. The market leader in the industry, its clientele includes Nestle India, Heinz India (P) Ltd, Brooke Bond Lipton, Dalmia Industries, Indian Oil Corporation, HPCL, Asian Paints, etc.

As a part of expansion-cum-modernisation, it undertook to expand the capacity from 6500 tpa to 16,754 tpa by setting up an additional unit at Sahibabad, UP. The project was part financed by a public issue in Mar.'95. It also implemented a printing project in 1994-95 to facilitate in-house printing facility, to reduce the printing cost.

The company executed a strategic acquisition of a sophisticated plant to manufacture a wide range of cans of different diameters. This plant at Murthal (Sonepat district), Haryana, became operational in Mar.'96. During 1997-98, the company issued 27343 equity shares of Rs 10/- each to shareholders of erstwhile Conwel Cans India Ltd in terms of merger as per BIFR order dated 9/12/96.

Company has conferred award for export excellence by EEPC, also company taking lot of measures to improve the export business.

The Company completed its restructuring exercise and has taken measures to upgrade machinery in terms of quality and speed in both the units.

Founded: 1958
Chairman: Ashok Kumar Bhatia
Managing Director: Sanjay Bhatia
Address: 488 Bartan Market, Sardar Bazar, New Delhi, Delhi, 110006,
HO Tel: 91-011-4999 8888