1. Standalone and Consolidated Financial Results for the Half Year and Year ended March 31, 2026. 2. Allotment of Equity Shares pursuant to conversion of warrants
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
CWD Ltd reported standalone total revenue of Rs. 15,082.90 Lakhs for FY 2025-26, a significant jump from Rs. 3,381.93 Lakhs in the previous year (approx 345% growth). Standalone PAT grew to Rs. 1,231.62 Lakhs from Rs. 251.04 Lakhs (approx 390% growth). The auditors issued an unmodified opinion but drew an Emphasis of Matter noting that Rs. 1,321.21 Lakhs of intangible assets and intangible assets under development were capitalized based on management estimates for salary expenses, and they could not comment on the appropriateness of this capitalization. The company also allotted 38,513 equity shares upon warrant conversion and an additional 1,54,052 equity shares under a 4:1 bonus issue approved in December 2025. Paid-up capital increased from Rs. 22,20,92,950 to Rs. 22,40,18,600.
The company showed exceptional revenue and profit growth year-on-year. However, the negative operating cash flow of Rs. 4,908 Lakhs (consolidated) raises concerns about cash generation despite strong reported profits. The bonus issue will dilute existing shareholder value but increases liquidity. The auditors' emphasis on intangible asset capitalization indicates potential risk around asset quality.