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Earnings Call

CWD Earnings Call: Key Takeaways

CWD Ltd reports hyper-growth in H2 FY26, with revenue reaching ₹105.8 cr and PAT at ₹8 cr. The company is scaling its IoT, soundbox, and smart meter verticals through expanded manufacturing capacity.

Why this was an Alfa AlertManagement explicitly guides >50% YoY growth for the next single year (FY27 revenue target ₹380-400cr vs FY26 actual ₹145.8cr, a ~160% increase).
Highlights
Revenue growth343% YoY growth in FY26.
MarginsEBITDA margin at 16% for FY26; aiming for expansion via direct sourcing.
Order bookIncludes ₹45 crore order for CNIC units.
Demand visibilityStrong; backed by 1 million unit CNIC order and 25,000 WMS order.
Management confidenceHigh; aiming for ~₹400cr revenue in FY27.

Growth

FY26 revenue surged 343% YoY to ₹145.8 cr; PAT increased 391% YoY to ₹12.3 cr.

Outlook

Management guides FY27 revenue of ₹380–400 cr, supported by expanded 55,000 sq. ft. facility and 15k/day soundbox capacity.

Risks

High concentration in competitive IoT and fintech hardware; significant inventory days (170) despite improvement from FY25.

Source

Earnings Call filed with BSE, BSE: 543378. Summary written with AI assistance from the document.

Read the document ↗

CWD Ltd: key numbers

Share price
₹292.80
Market cap
₹668.0 Cr
Revenue (annual)
₹141.8 Cr
Net profit (annual)
₹10.67 Cr
P/E (TTM)
62.6×Sector 45.9×
Promoter holding
57.21%
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Value
₹7.87 Cr
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