CWD shares gained 2.81% to close at ₹307 following the company's announcement of its strategic expansion into the walkie-talkie segment. According to reports from Business Standard, the stock movement reflects investor confidence in the company's diversification strategy and growth outlook for FY27.
The company has outlined ambitious revenue targets for FY27, expecting a quarterly revenue run-rate of ₹95-100 crore supported by ongoing capacity ramp-up and order execution. As reported by Business Standard, soundbox manufacturing capacity is projected to increase from approximately 1.5 lakh units per month to 2.5 lakh units per month. Additionally, a nearly 1 million-unit CNIC order valued at around ₹45 crore is expected to strengthen the smart infrastructure business segment.
The company demonstrated exceptional growth momentum with H2FY26 revenue growing 308% YoY to ₹110 crore and FY26 revenue increasing 346% YoY to ₹151 crore. According to Business Standard, H2FY26 EBITDA rose 158% YoY to ₹20 crore while FY26 EBITDA increased 251% YoY to ₹28 crore. The company's FY26 PAT grew 391% YoY to ₹12 crore, reflecting strong operational performance across all key financial metrics.
Beyond the walkie-talkie segment entry, CWD has expanded its IoT solutions portfolio through WMS orders and international market initiatives. As reported by Business Standard, the company has secured a 25,000-unit WMS order with commitment for an additional 15,000 units. The management has also announced expansion of manufacturing area from 15,000 square feet to 55,000 square feet and set a FY27 revenue aspiration of ₹380-400 crore.
