CWD Ltd

CWD Ltd

₹ 603 -12.42%
21 Nov - close price
About

Incorporated in 2016, CWD Ltd is in the business of Information and Communication Technology[1]

Key Points

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

  • 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

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
0.71 1.76 2.79 12.88 8.98 13.95 5.59 15.67 6.97
0.43 0.94 1.23 8.73 5.63 11.16 6.20 9.46 6.54
Operating Profit 0.28 0.82 1.56 4.15 3.35 2.79 -0.61 6.21 0.43
OPM % 39.44% 46.59% 55.91% 32.22% 37.31% 20.00% -10.91% 39.63% 6.17%
0.01 -0.06 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.14 0.24 0.27 0.15 0.21 0.26 0.41 0.67 0.75
Depreciation 0.02 0.17 0.27 1.01 1.19 1.50 1.51 1.41 1.40
Profit before tax 0.13 0.35 1.02 2.99 1.95 1.03 -2.53 4.13 -1.72
Tax % -84.62% -145.71% -27.45% 45.15% 28.21% 26.21% 0.00% 11.38% 6.40%
0.23 0.85 1.30 1.64 1.40 0.76 -2.53 3.66 -1.83
EPS in Rs 3.57 3.08 4.71 4.54 3.88 2.10 -7.01 10.13 -5.07
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

Sep 2021Mar 2022Sep 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
100.00% 72.29% 72.29% 72.29% 72.29% 72.29% 72.29% 72.29% 72.29% 72.29%
0.00% 13.31% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 14.40% 27.72% 27.71% 27.70% 27.71% 27.71% 27.71% 27.72% 27.71%
No. of Shareholders 8148279389444630899918968978

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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