Event Details

The Board of Directors of CWD Limited met on November 13, 2026, from 04:00 PM to 07:00 PM and approved the unaudited standalone and consolidated financial results for the half year ended September 30, 2026.

Financial Results - Standalone (₹ in Lakhs)

Profit & Loss Statement

  • Revenue from operations: ₹5,818.85 (H1 FY27) vs ₹4,004.84 (H1 FY26) vs ₹10,577.87 (FY26)
  • Other operating income: ₹177.37 (H1 FY27) vs ₹110.39 (H1 FY26) vs ₹389.80 (FY26)
  • Total revenue: ₹5,996.22 (H1 FY27) vs ₹4,115.23 (H1 FY26) vs ₹10,967.67 (FY26)
  • Cost of material consumed: ₹4,600.90 (H1 FY27) vs ₹3,240.01 (H1 FY26) vs ₹8,735.62 (FY26)
  • Employee benefits expenses: ₹200.31 (H1 FY27) vs ₹138.44 (H1 FY26) vs ₹76.88 (FY26)
  • Finance cost: ₹284.14 (H1 FY27) vs ₹168.32 (H1 FY26) vs ₹376.91 (FY26)
  • Depreciation and amortization: ₹452.82 (H1 FY27) vs ₹73.41 (H1 FY26) vs ₹253.30 (FY26)
  • Other expenses: ₹235.81 (H1 FY27) vs ₹244.02 (H1 FY26) vs ₹149.06 (FY26)
  • Profit before tax: ₹181.46 (H1 FY27) vs ₹620.98 (H1 FY26) vs ₹1,333.23 (FY26)
  • Tax expenses:
  • Current tax: ₹37.45 (H1 FY27) vs ₹177.74 (H1 FY26) vs ₹262.59 (FY26)
  • Deferred tax: (₹112.02) (H1 FY27) vs ₹8.02 (H1 FY26) vs ₹274.24 (FY26)
  • Net profit: ₹256.03 (H1 FY27) vs ₹435.22 (H1 FY26) vs ₹796.40 (FY26)
  • Paid-up equity share capital: ₹2,339.31 (Face value ₹10 each)
  • Earnings per share (not annualized):
  • Basic: ₹2.27 (H1 FY27) vs ₹4.87 (H1 FY26) vs ₹1.90 (FY26)
  • Diluted: ₹2.15 (H1 FY27) vs ₹4.07 (H1 FY26) vs ₹1.77 (FY26)

Balance Sheet (as of September 30, 2026)

  • Share capital: ₹2,339.31
  • Reserves and surplus: ₹10,336.03
  • Money received against share warrants: ₹1,839.89
  • Long-term borrowings: ₹2,119.98
  • Short-term borrowings: ₹2,093.98
  • Property, plant and equipment: ₹3,418.30
  • Intangible assets: ₹399.12
  • Capital work in progress/intangible under development: ₹969.54
  • Inventories: ₹4,998.32
  • Trade receivables: ₹4,065.43
  • Cash and cash equivalents: ₹2,783.26

Cash Flow Statement (H1 FY27)

  • Net cash flow from operating activities: Not quantified in disclosure
  • Net cash used in investing activities: Not quantified in disclosure
  • Net cash from financing activities: ₹1,071.28
  • Net decrease in cash: ₹2,947.64 (Opening: ₹5,730.90, Closing: ₹2,783.26)

Financial Results - Consolidated (₹ in Lakhs)

Profit & Loss Statement

  • Revenue from operations: ₹5,818.85 (H1 FY27) vs ₹4,004.84 (H1 FY26) vs ₹10,179.00 (FY26)
  • Other operating income: ₹177.88 (H1 FY27) vs ₹110.39 (H1 FY26) vs ₹388.32 (FY26)
  • Total revenue: ₹5,996.73 (H1 FY27) vs ₹4,115.23 (H1 FY26) vs ₹10,567.31 (FY26)
  • Profit before tax: ₹18.26 (H1 FY27) vs ₹620.97 (H1 FY26) vs ₹1,164.11 (FY26)
  • Net profit: ₹137.35 (H1 FY27) vs ₹435.21 (H1 FY26) vs ₹676.47 (FY26)
  • Minority interest: (₹44.51)
  • Earnings per share (not annualized):
  • Basic: ₹1.22 (H1 FY27) vs ₹1.91 (H1 FY26) vs ₹3.11 (FY26)
  • Diluted: ₹1.15 (H1 FY27) vs ₹1.17 (H1 FY26) vs ₹2.15 (FY26)

Subsidiary Information

Five subsidiaries included in consolidation: SDG Global Private Limited, CWD Manufacturing Private Limited, CWD Digital Platforms Private Limited, Meshmerise Networks Private Limited, and CWD HK Ltd.

  • Subsidiary net assets/(liabilities): ₹63.05 lakhs
  • Subsidiary revenue: ₹0.51 lakhs
  • Subsidiary net loss after tax: ₹(163.20) lakhs

Key Notes and Disclosures

1. Financial results reviewed by statutory auditors DGMS&Co. (Chartered Accountants) and approved by Board of Directors

2. Prepared in accordance with Accounting Standards under Companies Act, 2013

3. Company engaged in single business segment (no segment reporting required)

4. Intangible assets include capitalized employee benefit expenses of ₹969.54 lakhs based on management estimates

5. Funds raised through warrants call money: ₹2,887.33 lakhs

  • Utilized for working capital: ₹1,609.15 lakhs
  • Unutilized in escrow: ₹1,278.18 lakhs

6. Results available on BSE website (www.bseindia.com) and company website (https://cwdin.com/about.html)