CWD Ltd (543378) — FY26 Annual Report | 7 September 2026

CWD Ltd reported FY2025-26 revenue of ₹145.8 crores, EBITDA of ₹23.3 crores (16% margin), and PAT of ₹12.3 crores with EPS of ₹5.0. The company expanded manufacturing capacity to 55,000 sq. ft. and scaled soundbox production to 2.5 lakh units/month. Mr. Pravin Bansilal Kharwa was reappointed as Independent Director for a second term until 2031. The auditor flagged material uncertainty around going concern due to intangible assets capitalized at [amount not verified] without technical validation, though no modified opinion was issued.