Press Release as per Regulation 30 of SEBI (LODR) Regulations, 2015 of CWD Limited for financial results of half year and year ended March 31, 2026
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CWD Ltd reported audited financial results for FY26 with total revenue more than quadrupling to ₹151 crores (up 346% YoY from ₹34 crores in FY25). EBITDA grew 251% to ₹28 crores and PAT surged 391% to ₹12.3 crores. H2FY26 was particularly strong with revenue of ₹110 crores, up 308% YoY. The company expanded its manufacturing facility 3.7x to 55,000 sq. ft., boosting installed capacity to ~2.5 lakh soundbox units per month. Key orders include ~₹45 crore for 1 million CNIC units and 25,000 WMS units from a telecom company. Management projects FY27E revenue of ₹380–400 crore and quarterly run-rate of ₹95–100 crore as capacity utilisation scales up. New initiatives include a walkie-talkie partnership and international expansion into Africa via a global payment network partnership.
Exceptional growth trajectory with revenue and profitability more than quadrupling year-on-year. The capacity expansion and order pipeline support strong FY27 guidance, making CWD a high-growth play in IoT hardware and digital payments infrastructure.