CWD (BSE 543378)₹277.00+10.80%Consumer Electronics
In the Mar 2026 quarter (consolidated), CWD reported sales of ₹106 Cr, up 292.5% from Mar 2025, and net profit of ₹6.02 Cr, up 50.1% year on year. For the year to Mar 2026, sales were ₹147 Cr and net profit ₹11.04 Cr.
Company filings, consolidated accounts; latest reported quarter Mar 2026
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 13.99 | 5.99 | 14.98 | 6.99 | 26.96 | 40.95 | 106 |
| Expenses | 11.04 | 6.02 | 9.04 | 7.02 | 19.08 | 33.13 | 88.34 |
| Operating Profit | 3.01 | −1.01 | 6.01 | 0.00 | 8.01 | 8.01 | 18.03 |
| OPM % | 18.9% | −11.1% | 38.9% | 6.0% | 27.9% | 20.9% | 16.9% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.99 | 0.99 | 1.99 | 1.99 | 3.99 |
| Depreciation | 1.99 | 1.99 | 0.99 | 0.99 | 0.00 | 0.99 | 2.99 |
| Profit before tax | 1.01 | −3.01 | 3.99 | −2.01 | 5.01 | 5.99 | 12.01 |
| Tax % | 26.0% | 0.0% | 11.0% | 6.0% | 16.0% | 31.0% | 46.0% |
| Net Profit | 1.01 | −3.01 | 4.01 | −2.01 | 4.01 | 4.01 | 6.02 |
| EPS (Rs) | 0.43 | −1.41 | 2.03 | −1.02 | 2.29 | 1.91 | 3.05 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 2.99 | 2.99 | 14.99 | 22.99 | 20.98 | 32.95 | 147 |
| Expenses | 2.01 | 2.01 | 10.04 | 17.07 | 16.07 | 26.11 | 120 |
| Operating Profit | 1.01 | 1.01 | 5.01 | 6.01 | 5.01 | 7.01 | 27.04 |
| OPM % | 33.9% | 40.9% | 34.0% | 25.9% | 24.9% | 21.9% | 17.9% |
| Other Income | 0.00 | 0.00 | 0.99 | 0.00 | 0.00 | 0.99 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 1.99 | 4.99 |
| Depreciation | 0.00 | 0.00 | 0.99 | 2.99 | 2.99 | 2.99 | 2.99 |
| Profit before tax | 1.01 | 1.01 | 4.01 | 3.01 | 1.99 | 3.01 | 18.02 |
| Tax % | −2.0% | −74.0% | 26.0% | 28.0% | 29.0% | 27.0% | 40.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 1.01 | 1.01 | 3.01 | 2.01 | 1.01 | 3.01 | 11.04 |
| EPS (Rs) | 3.20 | 1.00 | 1.72 | 1.20 | 0.63 | 1.33 | 5.02 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.34 | 3.01 | 4.01 | 4.01 | 4.01 | 4.01 | 22.02 |
| Reserves | −3.00 | −0.99 | 15.95 | 17.94 | 24.93 | 54.85 | 90.62 |
| Borrowings | 6.00 | 4.01 | 3.01 | 5.01 | 13.01 | 9.01 | 80.08 |
| Other Liabilities | 0.99 | 1.98 | 8.02 | 7.03 | 6.03 | 18.08 | 46.10 |
| Total Liabilities | 4.00 | 8.01 | 30.99 | 33.99 | 46.98 | 84.95 | 239 |
| Fixed Assets | 0.00 | 1.01 | 11.01 | 11.01 | 9.01 | 8.01 | 35.02 |
| CWIP | 1.01 | 1.01 | 1.01 | 1.01 | 3.01 | 4.01 | 8.02 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 2.99 | 4.99 | 17.97 | 20.97 | 34.96 | 71.93 | 195 |
| Inventories | 0.99 | 2.99 | 6.99 | 6.99 | 9.99 | 18.97 | 57.94 |
| Trade receivables | 0.99 | 0.99 | 0.99 | 7.99 | 12.98 | 16.96 | 34.93 |
| Cash & equivalents | 0.00 | 0.00 | 5.02 | 1.01 | 5.01 | 27.08 | 57.18 |
| Total Assets | 4.00 | 8.01 | 30.99 | 33.99 | 46.98 | 84.95 | 239 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from operating activity | −1.01 | 0.00 | 2.99 | −3.01 | −4.99 | 2.99 | −48.01 |
| Cash from investing activity | −1.01 | −1.01 | −11.03 | −2.01 | −3.01 | −3.01 | −31.12 |
| Cash from financing activity | 2.01 | 1.01 | 13.04 | 1.01 | 12.04 | 22.06 | 109 |
| Net cash flow | 0.00 | 0.00 | 4.99 | −3.99 | 4.99 | 21.96 | 29.93 |
| Capex | 0.04 | 1.31 | 11.24 | 2.42 | 3.21 | 3.06 | 33.95 |
| Free cash flow | −1.01 | −1.01 | −8.01 | −6.01 | −8.01 | 0.00 | −82.04 |
| CFO / OP % | −76.1% | −14.0% | 57.0% | −49.1% | −79.1% | 48.0% | −164.1% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 79 | 71 | 33 | 126 | 231 | 190 | 88 |
| Inventory days | 558 | 906 | 611 | 269 | 345 | 565 | 188 |
| Days payable | 195 | 384 | 168 | 43 | 46 | 379 | 118 |
| Cash conversion cycle | 444 | 595 | 479 | 354 | 532 | 378 | 159 |
| Working capital days | −10 | 51 | 35 | 157 | 218 | 210 | 63 |
| ROCE % | — | 26.1% | 32.1% | 14.1% | 8.1% | 10.1% | 18.0% |
For the Mar 2026 quarter, CWD reported sales of ₹106 Cr, up 292.5% year on year and net profit of ₹6.02 Cr, up 50.1% year on year. The operating margin was 16.9%.
CWD's sales for the year to Mar 2026 were ₹147 Cr.
Net profit for the year to Mar 2026 was ₹11.04 Cr. Earnings per share over the same trailing period were ₹5.02.
CWD reported borrowings of ₹80.08 Cr at Mar 2026, against cash and equivalents of ₹57.18 Cr.
Cash from operations was −₹48.01 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹82.04 Cr.