CWD share price today

CWD Ltd's share price was ₹266.90 at the close on 30 October 2026. It has been rising for 6 weeks. That is 10.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹266 and ₹415, and at that close it sat 1% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today CWD Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 3 weeks running.

Over the last 5 years the share price moved +641% while the NIFTY 500 moved +41%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 9 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

For January to March 2026 (the quarter ended 31 March 2026), CWD reported revenue of ₹106 crore, up 292.6% from ₹27.0 crore a year earlier, and a profit of ₹6.00 crore, up 50.0% from ₹4.00 crore.

CWD results: January to March 2026 against a year earlier

The next results, for April to June 2026, were due by 14 August 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). This page shows them once our weekly data update has read them.

From the company's reported quarterly results (quarter ended 31 March 2026). Revenue and profit in ₹ crore.

CWD closed at ₹266.90 on 30 October 2026, down 16.7% from ₹320.36 a year earlier (31 October 2025) and up 641.0% over five years. Its highest weekly close since October 2021 was ₹461.00 on 4 November 2022.

CWD share price: then and now

Weekly closing prices. Each change is the move from that price to the 30 Oct 2026 close. A day's intraday high or low can go beyond these weekly closes.

247 weekly closes from 14 October 2021 to 30 October 2026.

30 Oct 2026: CWD closed at ₹266.90, down 0.6% on the week and down 1.1% on the month. Results for January to March 2026: Revenue up 292.6% and profit up 50.0% on a year earlier.

CWD has paid no dividend on the NSE since its first NSE close in our records (14 October 2021), the start of the period we checked.

No. CWD Ltd paid out 0% of its profit as dividends in each of its last 7 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

CWD is not on any of our India lists this week.

CWD Ltd earned ₹6.0 Cr of net profit in the Mar 2026 quarter, +50.0% on the same quarter a year earlier. Full-year FY26 profit was ₹11.0 Cr. Over 6 years profit has grown 49.1% a year on average. That is 5.7% of the quarter's revenue. The same quarter a year earlier earned ₹4.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

2 of the last 12 reported quarters were loss-making.

For the full year, FY26 profit was ₹11.0 Cr (+266.7% on the year before).

CWD Ltd reported ₹106 Cr of revenue in the Mar 2026 quarter, +292.6% on the same quarter a year earlier. That is the 5th quarter in a row with growth on the year before. Over 6 years it has grown 91.3% a year on average. The last full year, FY26, came in at ₹147 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹147 Cr, +345.5% on the year before.

Recent pace: the last four quarters grew +218.8% on average, against 91.3% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +311.4%, against +208.6% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +300.0%, against +73.2% a year (accelerating).

CWD Ltd's operating margin was 17.0% in the Mar 2026 quarter, 11.0 percentage points lower than the same quarter a year ago. Over the last four quarters it has moved −22.0 percentage points. Across 7 years it has been between 18.0% and 41.0%. The latest quarter is below every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −21.4 percentage points on the year while gross margin changed −39.1 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years CWD Ltd's operations used more cash than they brought in, so cash conversion was −333%, a gap worth watching. In FY26 its operations used ₹48.0 Cr of cash, against ₹11.0 Cr of profit. After ₹34.0 Cr of spending on assets, free cash was −₹82.0 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why −333% of profit came in as cash: the cash cycle got 436 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: the bigger use of cash is spending on new assets, at 4.4× depreciation over three years. The next section checks what that spending is building.

CWD Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 159 days in FY26, down from 595 days in FY21. It spent ₹40.0 Cr on assets over the last 3 years. Customers take 88 days to pay, and stock sits for 189 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹147 Cr, each day of that cycle ties up about ₹0.4 Cr, so roughly ₹64.0 Cr is tied up in the business at any time.

FY26: customers took 88 days to pay and stock sat for 189 days, about 6.2 months of sales sitting as stock, for a full cycle of 159 days, shorter than FY21's 595.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 189 days. Customers pay about 88 days after that. Suppliers are paid at 117 days. Together that makes the 159-day cycle.

Spending on assets: ₹40.0 Cr over the last 3 years, against ₹9.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹8.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

CWD Ltd's P/E is 63.0×, near the low end of its own history: it has been lower only 12% of the time. Its usual P/E (the middle reading) is 152.0×, over 4.8 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Why the multiple is where it is: over the past year earnings per share moved +279.5% while the price moved −16.7%. Earnings did better than the price, which pulled the multiple down within its own range.

Where the price move came from: over 5 years the price moved +49.3% a year; about +36.9% a year came from earnings growth and about +12.4 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

CWD Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 10 quarters of 2 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

CWD Ltd earned a ROCE of 18% in FY26. That is up from a low of 8% in FY24. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 7.5% net margin and 0.62× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 7.5% net margin × 0.62× asset turnover × 2.12× leverage (assets divided by equity) ≈ 9.9% on equity. The margin does its share; borrowing is a big part of it.

CWD Ltd had ₹80.0 Cr of borrowings against ₹113 Cr of equity in FY26, so its debt is 0.71× its equity. Its operating profit is 5 times its interest bill. Over 5 years borrowings went from ₹4.0 Cr to ₹80.0 Cr. Over the last 3 of those years it spent ₹40.0 Cr on assets.

Debt-to-equity shows how much of the business is paid for with borrowed money. Interest cover shows how many times operating profit pays the interest bill. Low debt and high cover are the safe combination.

Part of the spending on assets is being paid for with borrowed money.

Promoters cut their stake in CWD Ltd by 14.9 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 57.4% of the company. Domestic institutions moved +0.3 points over the same period, to 0.3%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Why the owners changed: promoters drove it (−14.9 points). They reduced their stake.

For CWD Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

51.3 out of 100, rank 6 of 7 in Electronics - Others, with 27% of the evidence available. It is provisional, so it is ranked below companies with full evidence.

CWD Ltd scores 51.3 out of 100 against the 7 companies it is compared with in Electronics - Others, ranking 6. Some evidence is missing, so the score is pulled toward the middle on purpose.

The three scored parts add up to the total exactly: 24.7 + 14.7 + 11.9 = 51.3 (no relative-strength reading this week; its 20 points are shared across the other three). This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

CWD ranks 6 of 7 Electronics - Others companies on the 4-Factor Sector Score, with 51.3 out of 100.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Electronics - Others, all 7 compared on one page.

CWD is the 5th largest of 7 Electronics - Others companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Honeywell Automation India, Sahasra Electronic Solutions, Merritronix and B C C Fuba India. Just below it: OSEL Devices and Digilogic Systems.

Electronics - Others companies close in size

1. Honeywell Automation India Ltd ₹26,069 crore
2. Sahasra Electronic Solutions Ltd ₹1,089 crore
3. Merritronix Ltd ₹739 crore
4. B C C Fuba India Ltd ₹711 crore
5. CWD Ltd ₹700 crore
6. OSEL Devices Ltd ₹597 crore
7. Digilogic Systems Ltd ₹553 crore

All 7 Electronics - Others companies, largest first

Companies close in size in other industries

1892. Shri Jagdamba Polymers Ltd ₹627 crore · Textiles - Technical Textile
1893. Mazda Ltd ₹626 crore · Capital Goods - Engineering General
1894. CWD Ltd ₹623 crore
1895. Xchanging Solutions Ltd ₹622 crore · IT - Software
1896. Neueon Corporation Ltd ₹615 crore · Trading

Sector Alpha, written by code from the published numbers. Data as of 30 October 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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