# CWD share price today (CWD Ltd, NSE: CWD)

> CWD share price today: ₹266.90 at the BSE close on 30 October 2026, down 16.7% in a year. CWD (NSE: CWD) trades at a P/E of 63.0 and has closed between ₹265.55 and ₹415.00 over the past 52 weeks. > CWD Ltd's multiple is near its low because earnings grew even faster than a 7× rise in the share price over five years. The multiple is low because of growth, not neglect. Results are still improving, and its P/E is higher than only 12% of its own 5-year history. CWD · Electronics - Others · data as of 30 October 2026. Page: https://www.sectoralpha.in/stocks/cwd-ltd

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## Key numbers

- Price: ₹266.90 (−16.7% in a year)
- P/E: 63.0× (lower than 88% of the last 4.8 years)
- Revenue (Mar 2026): ₹106 Cr (+292.6% on a year ago)
- Profit (Mar 2026): ₹6.0 Cr (+50.0% on a year ago)
- Operating margin: 17.0% (−11.0 points on a year ago)
- ROCE: 18%, FY26

The main question: profits are rising, but only −333% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the 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. 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. ## What are CWD's latest quarterly results? 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

| Measure | January to March 2026 | January to March 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹106 crore | ₹27.0 crore | +292.6% |
| Profit | ₹6.00 crore | ₹4.00 crore | +50.0% |
| Earnings per share | ₹3.04 | ₹2.28 | +33.3% |
| Operating margin | 17.0% | 28.0% | −11.0 points |

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.)

## What is the CWD share price history? 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

| When | Close | Change to 30 Oct 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹268.60 | −0.6% |
| 1 month ago · 1 Oct 2026 | ₹270.00 | −1.1% |
| 1 year ago · 31 Oct 2025 | ₹320.36 | −16.7% |
| 3 years ago · 27 Oct 2023 | ₹140.00 | +90.6% |
| 5 years ago · 29 Oct 2021 | ₹36.02 | +641.0% |
| Earliest and lowest weekly close in our records · 14 Oct 2021 | ₹36.02 | +641.0% |
| Highest weekly close since October 2021 · 4 Nov 2022 | ₹461.00 | −42.1% |
| 52-week high (weekly close) · 2 Jan 2026 | ₹415.00 | −35.7% |
| 52-week low (weekly close) · 15 May 2026 | ₹265.55 | +0.5% |

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.)

## What is the latest news on CWD? 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. ## What dividend does CWD pay? 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 4 November 2026.)

## Which stock lists is CWD on? CWD is not on any of our India lists this week. ## Is CWD profitable? 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. 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). ## How much revenue does CWD make, and is it growing? 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. 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). ## How much of every ₹100 of sales does CWD keep? 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. 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. ## Is CWD's profit turning into cash? 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. 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. ## Where does CWD's cash go? 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. 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. ## What is CWD's P/E ratio, and how does it compare with its own history? 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. 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. ## Is the CWD business getting better or worse? 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. 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. ## How much does CWD earn on its capital? 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). 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. ## Does CWD have too much debt? 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. Part of the spending on assets is being paid for with borrowed money. ## What is the CWD shareholding pattern? 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. Why the owners changed: promoters drove it (−14.9 points). They reduced their stake. ## How far is CWD from balance-sheet trouble? 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. ## How does CWD rank in its industry? 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. ## Which companies is CWD compared with? CWD ranks 6 of 7 Electronics - Others companies on the 4-Factor Sector Score, with 51.3 out of 100. 1. [B C C Fuba India Ltd](https://www.sectoralpha.in/stocks/b-c-c-fuba-india-ltd) Most evidence points up · 61% evidence 67.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.4/35 · Revenue 55.5% · Profit 101.2% · Operating margin change 7.8 points · 83% evidence Capital efficiency 18.9/25 · ROCE 19.2% · Operating margin 23.9% · 95% evidence Valuation 8.5/20 · P/E 83.3× · PEG n/a · 15% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 67.3% · 1 year n/a · 25% evidence Exact sum: 27.4 + 18.9 + 8.5 + 12.5 = 67.3 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Honeywell Automation India Ltd](https://www.sectoralpha.in/stocks/honeywell-automation-india-ltd) HONAUT · quiet · Evidence leans down · 85% evidence 45.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.0/35 · Revenue 5.3% · Profit 9.5% · Operating margin change 2 points · 100% evidence Capital efficiency 11.9/25 · ROCE 17% · Operating margin 13% · 100% evidence Valuation 8.4/20 · P/E 45.4× · PEG 3.64 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -8% · 1 year -19.2% · 25% evidence · 1 of 12 weeks ahead Exact sum: 18 + 11.9 + 8.4 + 7.5 = 45.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Merritronix Ltd](https://www.sectoralpha.in/stocks/merritronix-ltd) breaking out · Too little evidence to rank firmly · 19% evidence 56.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.6/43.75 · Revenue n/a · Profit n/a · Operating margin change n/a · 3% evidence Capital efficiency 21.5/31.25 · ROCE 41.1% · Operating margin n/a · 60% evidence Valuation 13.1/25 · P/E 42.8× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 21.6 + 21.5 + 13.1 = 56.2 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 4. [Sahasra Electronic Solutions Ltd](https://www.sectoralpha.in/stocks/sahasra-electronic-solutions-ltd) SAHASRA · breaking out · Too little evidence to rank firmly · 40% evidence 53.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.2/35 · Revenue n/a · Profit n/a · Operating margin change 11.1 points · 8% evidence Capital efficiency 6.2/25 · ROCE 6% · Operating margin 10% · 57% evidence Valuation 9.0/20 · P/E 74.5× · PEG n/a · 15% evidence Relative strength 20.0/20 · Lead over its industry 23.6% · Lead over NIFTY 500 44% · 1 year 62.7% · 100% evidence · 7 of 12 weeks ahead Exact sum: 18.2 + 6.2 + 9 + 20 = 53.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 5. [OSEL Devices Ltd](https://www.sectoralpha.in/stocks/osel-devices-ltd) OSELDEVICE · basing · Too little evidence to rank firmly · 32% evidence 52.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.9/35 · Revenue n/a · Profit n/a · Operating margin change 0 points · 15% evidence Capital efficiency 16.7/25 · ROCE 24.4% · Operating margin 20% · 75% evidence Valuation 11.5/20 · P/E 20.4× · PEG n/a · 15% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -29% · 1 year -48% · 25% evidence · 0 of 12 weeks ahead Exact sum: 16.9 + 16.7 + 11.5 + 7.5 = 52.6 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 6. CWD Ltd this page CWD · Too little evidence to rank firmly · 27% evidence 51.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.7/43.75 · Revenue 100% · Profit 100% · Operating margin change -11 points · 27% evidence Capital efficiency 14.7/31.25 · ROCE 18% · Operating margin 17% · 57% evidence Valuation 11.9/25 · P/E 63× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 24.7 + 14.7 + 11.9 = 51.3 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 7. [Digilogic Systems Ltd](https://www.sectoralpha.in/stocks/digilogic-systems-ltd) breaking out · Too little evidence to rank firmly · 34% evidence 49.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.3/43.75 · Revenue n/a · Profit n/a · Operating margin change -1 points · 19% evidence Capital efficiency 16.3/31.25 · ROCE 18.6% · Operating margin 19% · 95% evidence Valuation 13.8/25 · P/E 42× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 19.3 + 16.3 + 13.8 = 49.4 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 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](https://www.sectoralpha.in/sectors/electronics-others), all 7 compared on one page. ## Which companies are close to CWD in size? CWD is the 4th 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 and B C C Fuba India. Just below it: Merritronix, OSEL Devices and Digilogic Systems. ### Electronics - Others companies close in size

1. [Honeywell Automation India Ltd](https://www.sectoralpha.in/stocks/honeywell-automation-india-ltd) ₹26,069 crore
2. [Sahasra Electronic Solutions Ltd](https://www.sectoralpha.in/stocks/sahasra-electronic-solutions-ltd) ₹1,057 crore
3. [B C C Fuba India Ltd](https://www.sectoralpha.in/stocks/b-c-c-fuba-india-ltd) ₹702 crore
4. CWD Ltd ₹700 crore
5. [Merritronix Ltd](https://www.sectoralpha.in/stocks/merritronix-ltd) ₹689 crore
6. [OSEL Devices Ltd](https://www.sectoralpha.in/stocks/osel-devices-ltd) ₹597 crore
7. [Digilogic Systems Ltd](https://www.sectoralpha.in/stocks/digilogic-systems-ltd) ₹563 crore

[All 7 Electronics - Others companies, largest first](https://www.sectoralpha.in/sectors/electronics-others#all-companies)

### Companies close in size in other industries

1. [Cheviot Company Ltd](https://www.sectoralpha.in/stocks/cheviot-company-ltd) ₹628 crore · Textiles - Jute/Jute Products
2. [Scoda Tubes Ltd](https://www.sectoralpha.in/stocks/scoda-tubes-ltd) ₹628 crore · Steel - Tubes/Pipes
3. CWD Ltd ₹623 crore
4. [Xchanging Solutions Ltd](https://www.sectoralpha.in/stocks/xchanging-solutions-ltd) ₹622 crore · IT - Software
5. [GEE Ltd](https://www.sectoralpha.in/stocks/gee-ltd) ₹618 crore · Electrodes - Welding Equipment

## What else do people ask about CWD? ### What were CWD's latest quarterly results? CWD Ltd reported revenue of ₹106 Cr and net profit of ₹6.0 Cr for the Mar 2026 quarter. Revenue rose 292.6% and profit rose 50.0% compared with a year earlier. Earnings per share were ₹3.04. The operating margin was 17.0%, 11.0 percentage points lower than a year earlier (as of 30 October 2026). ### What is CWD's market cap? CWD Ltd's market capitalisation is ₹700 Cr at a share price of ₹266.90. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 30 October 2026). ### How is CWD performing? CWD Ltd's share price has been rising for 6 weeks. In its latest quarter, revenue rose 292.6% and profit rose 50.0% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 3 weeks running (as of 30 October 2026). ### Will CWD's share price go up? This page does not forecast CWD Ltd's share price. What it shows instead: the share price is ₹266.90, and it has been rising for 6 weeks. Its P/E of 63.0× is higher than 12% of its own last 5 years (as of 30 October 2026). ### Who owns CWD? Promoters own 57.4% of CWD Ltd, foreign institutions , domestic institutions 0.3% and the public 42.4% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 14.9 percentage points over 8 quarters (as of 30 October 2026). ### Where is CWD in its business cycle? CWD Ltd's FY26 operating margin was 18.0%, against a 7-year range of 18.0% to 41.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 17.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 30 October 2026). ### What could break the CWD story? The main question: profits are rising, but only −333% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 30 October 2026). ### Is CWD a stock worth studying right now? What the numbers show: CWD Ltd's multiple is near its low because earnings grew even faster than a 7× rise in the share price over five years. The multiple is low because of growth, not neglect. Results are still improving, and its P/E is higher than only 12% of its own 5-year history. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 30 October 2026). This is research, not advice. We’re not SEBI-registered.