Cwd Limited · BSE:CWD
Cwd — H2 FY26 Earnings Presentation
31 slides from Cwd's earnings presentation, Jun 15, 2026
Slide 1: BSE filing cover letter for Investor Presentation
June 15, 2026 To, The Secretary BSE Limited P.J Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 543378 Subject: Investor Presentation – Second Half FY 2025 -2026 Dear Sir/Madam, With reference to above captioned subject, please find attached herewith Investor Presentation – Second Half of FY 2025
Slide 2: CWD Limited Investor Presentation – H2 FY26
CWD LIMITED Investor Presentation – H2 FY26 1
Slide 3: Agenda
Agenda 1. Company & Group Overview 2. Products & Partnerships 3. Annexures 2
Slide 4: From Design to Dominance: CWD Enters Hyper-Growth Phase
From Design to Dominance: CWD Enters Hyper-Growth Phase • Enhanced manufacturing setup expected to support higher FY27 throughput, with soundbox capacity rising from ~1.5 lakh to ~2.5 lakh units/month, backed by growing customer demand. • Strengthened smart infrastructure presence with ~1 million CN
Slide 5: CWD At A Glance
CWD At A Glance • Incorporated in 2016, CWD Ltd is an ICT (Information and Communication Technology) company that designs, develops, manufactures, and sells integrated solutions, combining the power of software and electronics. Key Differentiators • End-to-End Capabilities: Fully integrated OEM and
Slide 6: Our Vision
Our Vision Driving continuous Expand global tech partnerships Strategic Selection of product innovation with Tier A clients to boost Semiconductor Technology through advanced wireless market reach technologies Strengthening and expanding Leveraging our Integrated Creating and exploring AI manufactur
Slide 7: Our Value Proposition
Our Value Proposition Customer Stickiness Secured Supply Base Provision of end-to-end services results in customer retention and Insulation from component shortages due to re-engagement exclusive supplier partnerships Cross-Selling Leverage Accelerated Tech Learning An established Tier-A customer ba
Slide 8: Design to Manufacturing
Design to Manufacturing Product Design Electronics Design Software Design Mass Manufacturing 7
Slide 9: Our Network Worldwide
Our Network Worldwide APAC Sales Hong Kong Americas Sales San Francisco (upcoming) Manufacturing Facility Mysore, India Corporate HQ & R&D Centre Mumbai, India Current customer base Projected sales base Office network 8
Slide 10: Global Leadership
Global Leadership TEJAS KOTHARI SIDDHARTHA XAVIER ADITYA XAVIER MANISH MISTRY CO-FOUNDER, JOINT MD CO-FOUNDER, JOINT MD HEAD OF TECHNOLOGY HEAD OF HARDWARE Tejas Kothari is the Joint Managing Director of Siddhartha Xavier is the Joint Managing Aditya Xavier is the Head of Technology since Manish Mis
Slide 11: Manufacturing Facility
Manufacturing Facility CWD EMS Location - Mysore, KA • A state-of-the-art 1-acre manufacturing facility with a factory floorspace of 15,200 sq.ft. • Facility includes dedicated prototyping lab, ESD precaution facility and expert in-house testing and quality control systems. Machinery, Inspection & T
Slide 12: New Manufacturing Facility
New Manufacturing Facility CWD EMS Location - Mysore, KA A state-of-the-art electronics manufacturing facility with a total factory floorspace of 55,000 sq. ft. The facility includes 2 SMT lines, 6 assembly lines, 11 injection molding machines and expert in-house testing and quality control systems.
Slide 13: Tripled Capacity to 15,000 Units/Day
Tripled Capacity to 15,000 Units/Day Daily soundbox Manufacturing Addition of two Workforce strength footprint expanded production capacity high-speed dual projected to grow from 15,000 sq. ft to increased from 5k to production lines to 500 employees 55,000 sq. ft, 15k units — a 3× expansion. repres
Slide 14: Agenda
Agenda 1. Company & Group Overview 2. Products & Partnerships 3. Annexures 13
Slide 15: Business Segments
Business Segments CWD Fintech Smart Meters Agri Tech Bespoke IOT • Offers smart IoT-enabled • Integrates IoT into existing • Offers IoT-enabled soil • Develops wireless health sound boxes for real-time infrastructure for utility meter sensors to collect vital soil monitoring solutions for livestock
Slide 16: Fintech At A Glance
Fintech At A Glance • CWD Ltd. Is establishing itself as India’s leading manufacturer of payment sound boxes and provider of allied software solutions that enhance digital payment efficiency. Key Aspects of Fintech • Market Leadership: Established as the leading provider of UPI-enabled sound boxes i
Slide 17: Business Vertical – FinTech (Sound Boxes & AD Platform)
Business Vertical – FinTech (Sound Boxes & AD Platform) Note worthy customers : Note worthy innovations : • Chosen design cum manufacturer of the country’s leading Fintech – PhonePe. • Industry-First Ad Platform, shifting to a powerful SaaS/recurring revenue model beyond • Chosen for Sound Box and i
Slide 18: Revolutionizing Fintech With IoT-driven Soundbox Solutions
Revolutionizing Fintech With Iot-driven Soundbox Solutions Technology-Driven Market Leader State of the Art R&D Facility High Entry Barriers Key Clients Customization & Integration • Among India's top players • In-house R&D focused on • Proprietary firmware and • Tailor-made IoT solutions in IoT-ena
Slide 19: Business Vertical – NIC (Smart Meters) & WMS
Business Vertical – NIC (Smart Meters) & WMS • Chosen as design cum manufacturer of the country’s leading Smart Meter • Chosen by a leading telecom company for the design and manufacturing of WMS. The Communication Systems Provider – CyanConnode system design has been completed and is currently unde
Slide 20: Business Vertical – NIC (Smart Meters)
Business Vertical – NIC (Smart Meters) Indian Smart Electricity Meter Market National Smart Meter Rollout Status (in USD Millions) (in Millions) 250 CAGR: 21% 1,189 308 256 35 2024 2025 2032E Installed Target • Rising adoption of IoT-enabled and cloud-connected smart meters enabling real-time • Smar
Slide 21: Business Vertical – Agri Tech & Bespoke IOT
Business Vertical – Agri Tech & Bespoken IOT Key Aspects of Agri Tech Key Aspects of Bespoke IOT • Innovative Farm Intelligence: Deploys IoT-enabled soil sensors to • Customized IoT Ecosystems: Designs end-to-end wireless monitor critical soil parameters, offering actionable insights for monitoring
Slide 22: Agenda
Agenda 1. Company & Group Overview 2. Products & Partnerships 3. Annexures 21
Slide 23: Income Statement
Income Statement ₹ crores unless otherwise mentioned Particulars H2 FY26 H2 FY25 YoY Change (%) FY26 FY25 YoY Change (%) Revenue from operations 105.8 26.3 302% 145.8 32.9 343% Cost of materials consumed including finished goods and WIP 87.8 8.4 944% 116.5 12.0 871% Employee benefits expense 0.8 2.9
Slide 24: Balance Sheet
Balance Sheet ₹ crores unless otherwise mentioned Assets FY26 FY25 Property, plant and equipment 29.9 3.9 Intangible assets & goodwill 5.3 4.3 Capital work-in-progress 7.9 4.4 Other non-current assets 4.4 4.0 Cash and investments 57.4 27.3 Trade receivables 39.7 16.2 Inventories 54.1 18.6 Short-term
Slide 25: Historical Business Performance
Historical Business Performance Revenue from Operations (₹ crs.) EBITDA (₹ crs.) Profit After Tax (₹ crs.) 145.8 23.3 12.3 32.9 7.1 21.0 5.3 2.5 1.1 FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 Gross Profit (₹ crs.) EBITDA Margin PAT Margin 8.4% 29.3 25.2% 7.6% 21.6% 20.9 5.2% 16.0% 9.4 FY24 FY25 FY
Slide 26: Historical Business Performance
Historical Business Performance RoE1 CapEx (₹ crs.) Inventory Days 10.8% 566 34.0 329 4.3% 3.9% 170 3.2 3.0 FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 Payable Days Debtor Days Cash Conversion Cycle 378 231 532 180 368 99 116 153 45 FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 1. Return on Equity 2
Slide 27: IoT Market Outlook
IoT Market Outlook Global IoT Market Number of IoT Devices (in USD Billions) (in Billions) 2,465 29 CAGR 26.4% 19 9.7 478 2022 2029E 2020 2025 2030E • Rising trend for smart city solutions has encouraged stakeholders to bolster their • Explosive Market Growth: Global IoT devices expected to triple f
Slide 28: Next-Gen Payments: QR, Soundboxes & Soft POS (1/2)
Next-Gen Payments: QR, Soundboxes & Soft POS (1/2) Total QR Codes (in Million) 705 647 Factors Driving 50%+ CAGR in QR Deployment: 588 511 433 Smartphone + Network Boom: Affordable smartphones and deep 352 4G/5G penetration are bringing millions of Tier II/III consumers online. 263 UPI Advantage: NP
Slide 29: Next-Gen Payments: QR, Soundboxes & Soft POS (2/2)
Next-Gen Payments: QR, Soundboxes & Soft POS (2/2) Voice-Enabled Soundboxes: Gaining rapid adoption among high-footfall merchants by Soundbox Deployment (in Million) delivering instant payment confirmations, reducing errors/fraud, and enhancing trust for both merchants and customers. 54 Recurring Re
Slide 30: Disclaimer
Disclaimer This presentation is for information purposes only and does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase any securities ("Securities") of CWD Limited (“CWD" or the "Company") in India or any other jurisdiction. This presentation s
Slide 31: Thank You
Thank You Company Investor Relations Consultant Contact us: Capital Bridge Advisory Service Private Limited compliance@cwdin.com Raj Shah, CFA Hrishit Jhaveri, CFA Raj@capbridge.in Hrishit@capbridge.in 91 - 99259 11296 91 - 90999 94345 30