Announcement under Regulation 30 (LODR) - Award _of_ Order
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Awaiting price reaction for this filing.
CWD Limited has received a purchase order worth INR 76 crores (plus taxes) for the supply of UPI Sound Boxes from a domestic financial service company (name undisclosed for competitive reasons). The order is to be executed within FY 25-26 and is not a related party transaction. To put this in context, CWD's total FY25 revenue was just INR 33.82 crores, meaning this single order is more than double the company's annual revenue base. The company's total order book now stands at INR 200 crores, giving strong multi-year revenue visibility. CWD has already deployed over 14 million Sound Boxes across India and is positioned as a leading player in the rapidly growing UPI payment confirmation device market.
This is a significant positive for shareholders — a single order worth over 2x annual revenue materially strengthens revenue visibility and signals strong demand traction. The stock could see positive momentum given the order book has grown to ~6x FY25 revenue, though execution in FY26 will be key to watch.