CWD Ltd: Intrinsic Value & Share Price Analysis

Q: What is the intrinsic value of CWD Ltd and is it undervalued?

As of 07 September 2026, CWD Ltd's intrinsic value is 168.91, which is 50.32% lower than the current market price of 340.00, suggesting the stock is overvalued. Calculated using the PE ratio method factoring in ROE (13.0 %), book value (50.9), dividend yield (0.00 %), and 5-year EPS CAGR.

Q: What is the current share price and 52-week range of CWD Ltd?

CWD Ltd is trading at 340.00 as of 07 September 2026, with a FY2026-2027 high of 425 and low of 254. The stock is currently in the middle of its 52-week range. Market cap stands at 774 Cr..

Q: Is CWD Ltd financially healthy?

Key indicators: ROCE of 18.0 % indicates efficient capital utilization. Dividend yield is 0.00 %.

Q: Is CWD Ltd profitable and how is the profit trend?

CWD Ltd reported a net profit of 3 Cr in Mar 2025 on revenue of 33 Cr. Compared to 3 Cr in Mar 2022, the net profit shows a declining trend.

Fair Value

₹375.80Undervalued by 10.53%vs CMP ₹340.00

P/E (69.6) × ROE (13.0%) × BV (₹50.90) × DY (2.00%)

₹168.91Overvalued by 50.32%vs CMP ₹340.00

MoS: -101.3% (Negative)Confidence: 59/100 (Moderate)Models: 1 Under, 7 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹449.36	26%	Under (+32.2%)
Graham Number	Earnings	₹69.19	19%	Over (-79.7%)
DCF	Cash Flow	₹55.21	12%	Over (-83.8%)
Net Asset Value	Assets	₹49.64	8%	Over (-85.4%)
EV/EBITDA	Enterprise	₹8.87	10%	Over (-97.4%)
Earnings Yield	Earnings	₹41.80	8%	Over (-87.7%)
ROCE Capital	Returns	₹233.50	10%	Over (-31.3%)
Revenue Multiple	Revenue	₹14.45	6%	Over (-95.8%)
Consensus (8 models)		₹168.91	100%	Overvalued

Key Drivers: Wide model spread (₹9–₹449) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 19.6%

*Investments are subject to market risks

Analyst Summary

CWD Ltd operates in the Consumer Electronics segment, NSE: CWD | BSE: 543378, current market price is ₹340.00, market cap is 774 Cr.. At a glance, stock P/E is 69.6, ROE is 13.0 %, ROCE is 18.0 %, book value is 50.9, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹168.91, around 50.3% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹33 Cr versus the prior period change of 56.8%, while latest net profit is about ₹3 Cr with a prior-period change of 122.1%. The 52-week range shown on this page is 425/254, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisCWD Ltd. is a Public Limited Listed company incorporated on 30/05/2016 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is U31900MH2016P…

This summary is generated from the stock page data available for CWD Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

CWD Ltd scores 65/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health62/100 · Moderate

ROCE 18.0% GoodROE 13.0% GoodD/E 2.54 High debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money40/100 · Moderate

DII holding down 0.75% MF sellingPromoter holding at 57.4% Stable

Earnings Quality30/100 · Weak

OPM contracting (30% → 24%) DecliningWorking capital: 209 days Capital intensive

Quarterly Momentum100/100 · Strong

Revenue (4Q): +123% YoY AcceleratingProfit (4Q): +488% YoY StrongOPM: 20.6% (up 31.5% YoY) Margin expansion

Industry Rank100/100 · Strong

P/E 69.6 vs industry 121.2 Cheaper than peersROCE 18.0% vs industry 13.3% Above peersROE 13.0% vs industry 10.5% Above peers3Y sales CAGR: 30% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily.

Share Price and Basic Stock Data

Last Updated: August 25, 2026, 9:47 am

Market Cap	774 Cr.
Current Price	340
Intrinsic Value	₹168.91
High / Low	425/254
Stock P/E	69.6
Book Value	50.9
Dividend Yield	0.00 %
ROCE	18.0 %
ROE	13.0 %
Face Value	10.0
PEG Ratio	3.56

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for CWD Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
CWD Ltd	774 Cr.	340	425/254	69.6	50.9	0.00 %	18.0 %	13.0 %	10.0
Elin Electronics Ltd	492 Cr.	99.0	234/93.6	28.7	112	0.00 %	6.85 %	4.27 %	5.00
Focus Lighting & Fixtures Ltd	463 Cr.	68.6	99.9/57.1	80.1	21.7	0.00 %	5.52 %	3.54 %	2.00
BPL Ltd	240 Cr.	49.1	91.3/37.6		48.6	0.00 %	1.78 %	3.37 %	10.0
MIRC Electronics Ltd	1,321 Cr.	35.8	49.2/12.5		6.44	0.00 %	16.4 %	33.6 %	1.00
Industry Average	15,856.44 Cr	1,233.41		121.24	130.77	0.20%	13.32%	10.52%	6.44

All Competitor Stocks of CWD Ltd

Quarterly Result

Metric	Sep 2020	Mar 2021	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Sep 2025
Sales	1.64	1.75	2.94	12.07	8.96	13.76	5.59	15.41	6.97	26.34	41.15
Expenses	1.20	0.80	1.25	8.69	5.64	11.16	6.20	9.46	6.54	19.23	32.68
Operating Profit	0.44	0.95	1.69	3.38	3.32	2.60	-0.61	5.95	0.43	7.11	8.47
OPM %	26.83%	54.29%	57.48%	28.00%	37.05%	18.90%	-10.91%	38.61%	6.17%	26.99%	20.58%
Other Income	0.01	0.00	0.12	0.71	0.02	0.19	0.00	0.26	0.00	0.51	0.00
Interest	0.02	0.05	0.28	0.15	0.21	0.26	0.41	0.67	0.75	2.16	1.68
Depreciation	0.14	0.36	0.27	1.01	1.19	1.50	1.51	1.41	1.40	0.30	0.73
Profit before tax	0.29	0.54	1.26	2.93	1.94	1.03	-2.53	4.13	-1.72	5.16	6.06
Tax %	-27.59%	-94.44%	23.81%	26.62%	28.35%	26.21%	0.00%	11.38%	6.40%	16.09%	30.69%
Net Profit	0.37	1.04	0.96	2.14	1.39	0.76	-2.53	3.66	-1.83	4.33	4.19
EPS in Rs	1.16	0.75	0.70	1.18	0.77	0.42	-1.40	2.02	-1.01	2.28	1.90

Last Updated: January 8, 2026, 10:02 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 3:00 am

Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	3.02	3.39	15.02	22.72	20.98	32.90	67.49
Expenses	2.00	2.00	9.96	16.79	15.66	25.78	51.91
Operating Profit	1.02	1.39	5.06	5.93	5.32	7.12	15.58
OPM %	33.77%	41.00%	33.69%	26.10%	25.36%	21.64%	23.08%
Other Income	0.01	-0.04	0.83	0.20	0.28	0.92	0.51
Interest	0.44	0.38	0.43	0.47	1.08	1.69	3.84
Depreciation	0.08	0.19	1.28	2.69	2.92	2.90	1.03
Profit before tax	0.51	0.78	4.18	2.97	1.60	3.45	11.22
Tax %	-1.96%	-74.36%	25.84%	27.61%	29.38%	27.25%
Net Profit	0.51	1.37	3.10	2.15	1.13	2.51	8.52
EPS in Rs	3.19	0.99	1.71	1.19	0.62	1.32	4.18
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	168.63%	126.28%	-30.65%	-47.44%	122.12%
Change in YoY Net Profit Growth (%)	0.00%	-42.35%	-156.92%	-16.80%	169.57%

CWD Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 5 years from 2020-2021 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	61%
3 Years:	30%
TTM:	86%

Compounded Profit Growth
10 Years:	%
5 Years:	38%
3 Years:	-7%
TTM:	118%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	-8%
1 Year:	70%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	6%
Last Year:	6%

Last Updated: September 5, 2025, 3:06 pm

Balance Sheet

Last Updated: August 13, 2026, 1:00 am

Month	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	0.33	3	4	4	4	4	22
Reserves	-3	-1	16	18	25	55	91
Borrowings	6	4	3	5	13	9	80
Other Liabilities	1	2	8	7	6	18	46
Total Liabilities	4	8	31	34	47	85	239
Fixed Assets	0	1	11	11	9	8	35
CWIP	1	1	1	1	3	4	8
Investments	0	0	0	0	0	0	0
Other Assets	3	5	18	21	35	72	195
Total Assets	4	8	31	34	47	85	239

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	-1	0	3	-3	-5	3	-48
Cash from Investing Activity +	-1	-1	-11	-2	-3	-3	-31
Cash from Financing Activity +	2	1	13	1	12	22	109
Net Cash Flow	0	-0	5	-4	5	22	30
Free Cash Flow	-1	-1	-8	-6	-8	-0	-82
CFO/OP	-76%	-14%	57%	-49%	-79%	48%	-164%

Free Cash Flow

Month	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-4.98	-2.61	2.06	0.93	-7.68	-1.88

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	78.56	71.06	33.05	126.11	231.39	190.38
Inventory Days	559.40	906.61	612.34	270.31	345.53	566.05
Days Payable	194.40	382.66	166.61	42.08	44.55	378.08
Cash Conversion Cycle	443.56	595.01	478.78	354.34	532.36	378.35
Working Capital Days	-10.88	49.53	33.54	156.47	216.60	208.90
ROCE %		26.01%	32.20%	13.91%	7.89%	9.51%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Mar 2025	Apr 2025	Sep 2025	Mar 2026	May 2026	Jul 2026
Promoters	72.29%	72.29%	72.29%	72.29%	72.29%	72.29%	72.29%	60.93%	60.93%	58.77%	58.27%	57.35%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.03%	1.03%	0.29%	0.29%	0.28%
Public	27.70%	27.71%	27.71%	27.71%	27.72%	27.71%	27.70%	38.05%	38.04%	40.94%	41.45%	42.37%
No. of Shareholders	444	630	899	918	968	978	826	821	800	956	961	966

Shareholding Pattern Chart

No. of Shareholders

CWD Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	6.61	3.17	5.97	9.79	5.15
Diluted EPS (Rs.)	6.61	3.17	5.97	9.79	5.15
Cash EPS (Rs.)	14.25	11.26	13.42	12.13	5.82
Book Value[Excl.RevalReserv]/Share (Rs.)	116.02	79.07	60.59	54.54	5.81
Book Value[Incl.RevalReserv]/Share (Rs.)	116.02	79.07	60.59	54.54	5.81
Revenue From Operations / Share (Rs.)	86.65	49.09	62.91	41.58	12.27
PBDIT / Share (Rs.)	21.18	15.55	16.98	16.33	5.14
PBIT / Share (Rs.)	13.54	7.46	9.52	12.79	4.46
PBT / Share (Rs.)	9.08	4.47	8.22	11.59	3.06
Net Profit / Share (Rs.)	6.60	3.17	5.96	8.59	5.13
NP After MI And SOA / Share (Rs.)	6.60	3.17	5.96	8.59	5.13
PBDIT Margin (%)	24.44	31.66	26.98	39.27	41.93
PBIT Margin (%)	15.62	15.19	15.13	30.76	36.35
PBT Margin (%)	10.47	9.10	13.06	27.86	24.98
Net Profit Margin (%)	7.62	6.45	9.48	20.64	41.83
NP After MI And SOA Margin (%)	7.62	6.45	9.48	20.64	41.83
Return on Networth / Equity (%)	5.69	4.00	9.84	15.74	88.31
Return on Capital Employeed (%)	8.19	8.21	13.75	21.88	33.05
Return On Assets (%)	2.96	2.27	6.39	10.04	18.26
Long Term Debt / Equity (X)	0.08	0.13	0.11	0.05	1.28
Total Debt / Equity (X)	0.19	0.44	0.22	0.15	2.54
Asset Turnover Ratio (%)	0.48	0.42	0.70	0.76	0.44
Current Ratio (X)	3.11	2.02	2.22	1.64	1.12
Quick Ratio (X)	2.26	1.41	1.45	0.91	0.35
Inventory Turnover Ratio (X)	2.25	2.04	1.08	1.07	0.00
Interest Coverage Ratio (X)	4.75	5.20	13.03	13.57	3.69
Interest Coverage Ratio (Post Tax) (X)	2.48	2.06	5.58	8.13	4.68
Enterprise Value (Cr.)	329.46	240.74	613.68	228.27	0.00
EV / Net Operating Revenue (X)	10.01	13.58	27.01	15.20	0.00
EV / EBITDA (X)	40.96	42.88	100.09	38.70	0.00
MarketCap / Net Operating Revenue (X)	10.58	13.17	26.83	15.33	0.00
Price / BV (X)	7.90	8.18	27.86	11.69	0.00
Price / Net Operating Revenue (X)	10.58	13.17	26.83	15.33	0.00
EarningsYield	0.01	0.00	0.00	0.01	0.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

[display_about_company_data title=”About the Company – Qualitative Analysis”]

FAQ

What is the intrinsic value of CWD Ltd and is it undervalued?

As of 07 September 2026, CWD Ltd's intrinsic value is ₹168.91, which is 50.32% lower than the current market price of ₹340.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (13.0 %), book value (₹50.9), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of CWD Ltd?

CWD Ltd is trading at ₹340.00 as of 07 September 2026, with a FY2026-2027 high of ₹425 and low of ₹254. The stock is currently in the middle of its 52-week range. Market cap stands at ₹774 Cr..

How does CWD Ltd's P/E ratio compare to its industry?

CWD Ltd has a P/E ratio of 69.6, which is below the industry average of 121.24. This is broadly in line with or below the industry average.

Is CWD Ltd financially healthy?

Key indicators for CWD Ltd: ROCE of 18.0 % indicates efficient capital utilization. Dividend yield is 0.00 %.

Is CWD Ltd profitable and how is the profit trend?

CWD Ltd reported a net profit of ₹3 Cr in Mar 2025 on revenue of ₹33 Cr. Compared to ₹3 Cr in Mar 2022, the net profit shows a declining trend.

Does CWD Ltd pay dividends?

CWD Ltd has a dividend yield of 0.00 % at the current price of ₹340.00. The company is currently not paying meaningful dividends.