Disclosue under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Commencement of Commercial Operations at Mysuru Manufacturing Facilty
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CWD Ltd has started full commercial operations at its new manufacturing facility in Mysuru, Karnataka, effective January 1, 2026. The plant adds 2 high-speed fully automated SMT lines (with 3D AOI systems) and assembly capacity for up to 400 personnel per shift, taking total production capacity to up to 15,000 sound boxes per day — a 3.7x increase over existing capacity. The project involves an investment of up to ₹30 crore, funded through equity, loans, and internal accruals, and the facility is fully solar-powered. The expansion comes as CWD's 9M FY26 revenue hit ~₹81 crore (vs. ₹33 crore for all of FY25) on the back of an order book exceeding ₹200 crore driven by fintech soundboxes, smart metering, and enterprise WMS demand.
Positive for shareholders — the 3.7x capacity boost positions CWD to convert its ₹200+ crore order book into revenue and improve operating leverage, with management expecting Q4 FY26 to outperform Q3. The solar-powered setup also strengthens the ESG profile of the business.