CWD Ltd
Incorporated in 2016, CWD Ltd is in the business of Information and Communication Technology[1]
- Market Cap ₹ 218 Cr.
- Current Price ₹ 603
- High / Low ₹ 1,144 / 590
- Stock P/E 119
- Book Value ₹ 56.6
- Dividend Yield 0.00 %
- ROCE 8.25 %
- ROE 4.70 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 10.6 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.4% over last 3 years.
- Company has high debtors of 254 days.
- Promoter holding has decreased over last 3 years: -27.7%
- Working capital days have increased from 214 days to 400 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Electronics Industry: Electronics - Components
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|
0.04 | 2.35 | 2.45 | 14.83 | 22.72 | 17.73 | 22.64 | |
0.23 | 1.60 | 1.38 | 9.96 | 16.78 | 12.40 | 16.00 | |
Operating Profit | -0.19 | 0.75 | 1.07 | 4.87 | 5.94 | 5.33 | 6.64 |
OPM % | -475.00% | 31.91% | 43.67% | 32.84% | 26.14% | 30.06% | 29.33% |
0.00 | 0.01 | -0.03 | 0.83 | 0.20 | 0.28 | 0.00 | |
Interest | 0.33 | 0.42 | 0.38 | 0.42 | 0.47 | 1.08 | 1.42 |
Depreciation | 0.01 | 0.08 | 0.19 | 1.28 | 2.69 | 2.92 | 2.81 |
Profit before tax | -0.53 | 0.26 | 0.47 | 4.00 | 2.98 | 1.61 | 2.41 |
Tax % | 0.00% | -3.85% | -129.79% | 26.75% | 27.52% | 29.19% | |
-0.53 | 0.26 | 1.08 | 2.93 | 2.16 | 1.15 | 1.83 | |
EPS in Rs | -530.00 | 7.94 | 3.91 | 8.11 | 5.98 | 3.18 | 5.06 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 238% |
3 Years: | 93% |
TTM: | 16% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 33% |
3 Years: | 1% |
TTM: | 203% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 44% |
1 Year: | -41% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 11% |
Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 0.01 | 0.33 | 2.76 | 3.61 | 3.61 | 3.61 | 3.61 |
Reserves | -3.11 | -2.84 | -1.70 | 15.36 | 17.52 | 24.19 | 16.83 |
3.54 | 5.70 | 4.32 | 2.93 | 4.80 | 11.51 | 8.56 | |
0.15 | 0.69 | 1.36 | 8.98 | 7.79 | 9.09 | 16.48 | |
Total Liabilities | 0.59 | 3.88 | 6.74 | 30.88 | 33.72 | 48.40 | 45.48 |
0.02 | 0.33 | 1.25 | 11.08 | 11.21 | 9.33 | 12.34 | |
CWIP | 0.37 | 1.02 | 1.23 | 1.35 | 0.96 | 3.12 | 0.00 |
Investments | 0.00 | 0.02 | 0.02 | 0.03 | 0.10 | 0.10 | 0.10 |
0.20 | 2.51 | 4.24 | 18.42 | 21.45 | 35.85 | 33.04 | |
Total Assets | 0.59 | 3.88 | 6.74 | 30.88 | 33.72 | 48.40 | 45.48 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
-0.70 | -0.96 | 0.59 | 2.83 | -3.07 | -3.54 | |
-0.37 | -1.06 | -1.32 | -11.22 | -2.49 | -3.13 | |
1.09 | 2.07 | 0.69 | 13.23 | 1.49 | 11.21 | |
Net Cash Flow | 0.02 | 0.05 | -0.04 | 4.84 | -4.07 | 4.54 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 0.00 | 100.96 | 84.92 | 33.47 | 126.11 | 254.04 |
Inventory Days | 912.50 | 857.75 | 1,397.27 | 605.22 | 270.31 | 592.78 |
Days Payable | 730.00 | 261.58 | 524.69 | 237.67 | 78.50 | 73.89 |
Cash Conversion Cycle | 182.50 | 697.12 | 957.50 | 401.02 | 317.92 | 772.93 |
Working Capital Days | -273.75 | 260.94 | 324.78 | 62.76 | 179.45 | 400.20 |
ROCE % | 37.47% | 21.24% | 32.40% | 14.43% | 8.25% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
18 Nov - CWD Limited announces unaudited financial results for H1 2024.
-
Statement Of Deviation & Variation For The Period Ended September 30, 2024
14 Nov - Confirmation of no deviation in fund utilization.
-
Non-Applicability Of Reporting Of Haly Yearly Related Party Transaction
14 Nov - Non-applicability of related party transaction disclosure.
-
Appointment of Company Secretary and Compliance Officer
14 Nov - Board meeting outcome: financial results and new secretary appointed.
-
Announcement under Regulation 30 (LODR)-Change in Management
14 Nov - Board meeting outcome: financial results and new secretary appointed.
Business Overview:[1]
CWD stands for Connected Wireless Devices.
It designs, develops, manufactures, and sells integrated solutions combining software and electronics. All products are focused on the wireless technologies either on short range radio technology like NFC, Bluetooth BLE, WiFi, Zigbee; mid-range systems like LORA or longrange communication systems like
5G LTE, NB-IOT, LTE CAT M1 etc. Comapny operates through the segments of Consumer Electronics and Design and Development of Technology Solutions for various Enterprises and Businesses