CWD Ltd
Incorporated in 2016, CWD Ltd is in the business of Information and Communication Technology[1]
- Market Cap ₹ 718 Cr.
- Current Price ₹ 1,675
- High / Low ₹ 1,765 / 590
- Stock P/E 286
- Book Value ₹ 154
- Dividend Yield 0.00 %
- ROCE 9.51 %
- ROE 5.78 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 10.9 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -11.4%
- Company has a low return on equity of 6.47% over last 3 years.
- Company has high debtors of 190 days.
- Company's cost of borrowing seems high
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Durables Consumer Durables Consumer Electronics
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
3.02 | 3.39 | 15.02 | 22.72 | 20.98 | 32.90 | |
2.00 | 2.00 | 9.96 | 16.79 | 15.66 | 25.78 | |
Operating Profit | 1.02 | 1.39 | 5.06 | 5.93 | 5.32 | 7.12 |
OPM % | 33.77% | 41.00% | 33.69% | 26.10% | 25.36% | 21.64% |
0.01 | -0.04 | 0.83 | 0.20 | 0.28 | 0.92 | |
Interest | 0.44 | 0.38 | 0.43 | 0.47 | 1.08 | 1.69 |
Depreciation | 0.08 | 0.19 | 1.28 | 2.69 | 2.92 | 2.90 |
Profit before tax | 0.51 | 0.78 | 4.18 | 2.97 | 1.60 | 3.45 |
Tax % | -1.96% | -74.36% | 25.84% | 27.61% | 29.38% | 27.25% |
0.51 | 1.37 | 3.10 | 2.15 | 1.13 | 2.51 | |
EPS in Rs | 15.57 | 4.96 | 8.58 | 5.95 | 3.13 | 6.61 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 61% |
3 Years: | 30% |
TTM: | 57% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 38% |
3 Years: | -7% |
TTM: | 122% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -5% |
1 Year: | 114% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 6% |
Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Equity Capital | 0.33 | 2.76 | 3.61 | 3.61 | 3.61 | 3.80 |
Reserves | -2.58 | -1.15 | 16.08 | 18.27 | 24.93 | 54.56 |
5.70 | 4.32 | 3.01 | 4.89 | 12.59 | 8.63 | |
0.78 | 1.81 | 8.17 | 6.94 | 5.96 | 17.57 | |
Total Liabilities | 4.23 | 7.74 | 30.87 | 33.71 | 47.09 | 84.56 |
0.33 | 1.25 | 11.08 | 11.21 | 9.33 | 8.24 | |
CWIP | 1.02 | 1.23 | 1.35 | 0.96 | 3.12 | 4.36 |
Investments | 0.00 | 0.00 | 0.00 | 0.07 | 0.07 | 0.07 |
2.88 | 5.26 | 18.44 | 21.47 | 34.57 | 71.89 | |
Total Assets | 4.23 | 7.74 | 30.87 | 33.71 | 47.09 | 84.56 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
-0.74 | 0.39 | 2.76 | -3.19 | -4.54 | 2.75 | |
-1.03 | -1.32 | -11.21 | -2.38 | -3.13 | -2.69 | |
2.05 | 0.68 | 13.30 | 1.49 | 12.21 | 21.85 | |
Net Cash Flow | 0.27 | -0.25 | 4.85 | -4.08 | 4.54 | 21.91 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Debtor Days | 78.56 | 71.06 | 33.05 | 126.11 | 231.39 | 190.38 |
Inventory Days | 559.40 | 906.61 | 612.34 | 270.31 | 345.53 | 566.05 |
Days Payable | 194.40 | 382.66 | 166.61 | 42.08 | 44.55 | 378.08 |
Cash Conversion Cycle | 443.56 | 595.01 | 478.78 | 354.34 | 532.36 | 378.35 |
Working Capital Days | -10.88 | 49.53 | 33.54 | 156.47 | 216.60 | 208.90 |
ROCE % | 26.01% | 32.20% | 13.91% | 7.89% | 9.51% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 1 Oct
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
30 Sep - AGM Sep 30, 2025 via VC; FY25 audited financials approved; reappointment of S. Siddhartha Xavier and Tejas Kothari.
- Closure of Trading Window 26 Sep
-
Reg. 34 (1) Annual Report.
26 Sep - Revised FY2024-25 Annual Report with corrected annexure; 9th AGM notice, AGM Sept 30, 2025 (VC/OAVM).
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Sep - Newspaper clippings - Notice of 9th Annual General Meeting
Annual reports
Concalls
-
Jan 2025TranscriptNotesPPT
Business Overview:[1]
CWD stands for Connected Wireless Devices.
It designs, develops, manufactures, and sells integrated solutions combining software and electronics. All products are focused on the wireless technologies either on short range radio technology like NFC, Bluetooth BLE, WiFi, Zigbee; mid-range systems like LORA or longrange communication systems like
5G LTE, NB-IOT, LTE CAT M1 etc. Comapny operates through the segments of Consumer Electronics and Design and Development of Technology Solutions for various Enterprises and Businesses