About Cwd Limited
Data last updated: 10 January 2026
Cwd Limited is a public limited company based in Mumba, Maharashtra, India. It specialises in electronic components and equipment manufacturing, a part of the broader technology and IT services sector. Incorporated on 30 May 2016, the company has been in operation for over 10 years.
Registered with ROC Mumbai under CIN U31900MH2016PLC281796.
Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.39 Cr. Formerly known as Cwd Innovation Private Limited and Cwd Innovation Limited. It is led by directors including Sodagudi Siddhartha Xavier and Pravin Bansilal Kharwa.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 101 1St Flr Plot No. 439 Hasham Premji Building Kalbadevi Road Kalbadevi Mumbai, Maharashtra, India – 400002.
As per BSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹141.84 Cr, reflecting significant growth compared to the previous year. The net worth stands at ₹102.03 Cr (up 182.73% YoY). Total assets are valued at ₹238.79 Cr (up 182.38% YoY).
The company has a workforce of approximately 43 employees as per the latest available data.
The company is associated with 1 brand - Cwd Limited. As per MCA filings, the company has open charges of ₹49.79 Cr and satisfied charges of ₹16.46 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cwdin.com.
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Registered Address101 1St Flr Plot No. 439 Hasham Premji Building Kalbadevi Road Kalbadevi Mumbai, Maharashtra, India – 400002
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IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Cwd Limited
Cwd Limited has undergone 2 name changes throughout its history. The company was previously known as Cwd Innovation Private Limited, and Cwd Innovation Limited. The current legal name is Cwd Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Cwd Limited | Current |
| Cwd Innovation Private Limited | Previous |
| Cwd Innovation Limited | Previous |
CIN History of Cwd Limited
Cwd Limited has one previous CIN (Corporate Identification Number): U31900MH2016PTC281796. The current CIN is U31900MH2016PLC281796, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31900MH2016PLC281796 | Current |
| U31900MH2016PTC281796 | Previous |
Associated Brands with Cwd Limited
Cwd Limited operates one associated brand: CWD Limited. These brands represent Cwd Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| CWD Limited is recognized as a global provider of IoT modules and solutions. | cwdin.com |
Competitors & Alternatives of Cwd Limited
Brands and companies operating in the same space as Cwd Limited include Senet, Sigfox, Neul and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Senet
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LoRa-based connectivity solutions are provided for IoT applications. | Portsmouth, United States, United States | 2009 |
Sigfox
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Wireless connectivity solutions for IoT and M2M devices are provided. | Toulouse, France, France | 2009 |
Neul
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Wireless networks for IoT are enabled by Weightless technology. | Cambridge, United Kingdom, United Kingdom | 2010 |
Thinxtra
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Provides network solutions for IOT Applications in Australia and New Zealand | Alexandra, Australia, Australia | 2015 |
Ingenu
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RPMA-based connectivity solutions for IoT applications are provided. | San Diego, United States, United States | 2008 |
MXC Foundation
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LoRa and blockchain connectivity solutions for IoT applications are provided. | Kingstown, Saint Vincent And The Grenadines, Saint Vincent And The Grenadines | 2018 |
The Things Industries
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LoRaWAN network server software and support services are provided. | Amsterdam, Netherlands, Netherlands | 2016 |
ZiFiSense
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Low-powered wide area networks for IoT sensors are provided. | Shanghai, China, China | 2013 |
Shenzhen Rakwireless Technology
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Transceiver modules and middleware for IoT devices are provided. | Shenzhen, China, China | 2014 |
Business Activity of Cwd Limited
Cwd Limited is engaged in the principal business activity of information and communication, with detailed activities including other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details for Cwd Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Cwd Limited
Cwd Limited is audited by DGMS & Co (ICAI peer reviewed, certificate valid till 2029-02-28) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| DGMS & Co (ICAI peer reviewed, certificate valid till 2029-02-28) | FY 2026 | Declaration of unmodified opinion |
Board of Directors and KMP of Cwd Limited
Cwd Limited currently reports 5 directors and 1 key managerial person. 9 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Sodagudi Siddhartha Xavier
Also directs:
Meshmerise Networks Private Limited, Cwd Limited, Cwd Manufacturing Private Limited and 5 more
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Managing Director | 30 May 2016 | 10 Years 2 Months | Current |
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Pravin Bansilal Kharwa
Also directs:
Cwd Limited
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Director | 19 Mar 2021 | 5 Years 5 Months | Current |
| Himani Bhootra | Director | 20 Oct 2023 | 2 Years 9 Months | Current |
| Sodagudi Aditya Xavier | Whole-Time Director | 31 Dec 2020 | 5 Years 7 Months | Current |
| Tejas Ramniklal Kothari | Cfo | 31 Dec 2020 | 5 Years 7 Months | Current |
| Amishi Tejas Kothari | Director | 31 Dec 2020 | 5 Years 7 Months | Current |
Financials of Cwd Limited FY 2026 filings available
Cwd Limited reported revenue of ₹141.84 Cr (up 331.08% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹141.84 Cr | ₹32.9 Cr | ₹20.98 Cr | ₹22.72 Cr | ₹15.02 Cr |
| Other Income | ₹4.99 Cr | ₹91.61 Lakh | ₹27.74 Lakh | ₹20.23 Lakh | ₹83.11 Lakh |
| Total Income | ₹146.83 Cr | ₹33.82 Cr | - | - | - |
| Cost of Materials Consumed | ₹119.77 Cr | ₹12.56 Cr | ₹9.89 Cr | ₹7.44 Cr | ₹5.39 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹7.27 Cr | -₹55.57 Lakh | -₹6.12 Lakh | ₹1.58 Cr | -₹1.14 Cr |
| Employee Benefit Expense | ₹3.26 Cr | ₹4.51 Cr | ₹2.72 Cr | ₹2.73 Cr | ₹2.04 Cr |
| Finance Costs | ₹5.48 Cr | ₹2.9 Cr | ₹1.08 Cr | ₹47.05 Lakh | ₹43.47 Lakh |
| Other Expenses | ₹4.27 Cr | ₹9.26 Cr | ₹3.11 Cr | ₹5.05 Cr | ₹3.66 Cr |
| Total Expenses | ₹128.97 Cr | ₹30.37 Cr | ₹19.66 Cr | ₹19.95 Cr | ₹11.66 Cr |
| Profit Before Tax | ₹17.85 Cr | ₹3.45 Cr | ₹1.6 Cr | ₹2.97 Cr | ₹4.19 Cr |
| Total Tax Expense | ₹7.18 Cr | ₹93.91 Lakh | ₹46.53 Lakh | ₹81.43 Lakh | ₹1.08 Cr |
| Net Profit | ₹11.12 Cr | ₹2.51 Cr | ₹1.13 Cr | ₹2.15 Cr | ₹3.1 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Total Assets | ₹238.79 Cr | ₹84.56 Cr | ₹47.08 Cr | ₹33.71 Cr | ₹30.87 Cr |
| Non-current Assets | ₹47.49 Cr | ₹16.57 Cr | ₹14.92 Cr | ₹14.39 Cr | ₹14.83 Cr |
| Current Assets | ₹191.3 Cr | ₹68 Cr | ₹32.17 Cr | ₹19.32 Cr | ₹16.05 Cr |
| Property, Plant & Equipment | ₹29.88 Cr | ₹3.93 Cr | - | - | - |
| Inventories | ₹58.15 Cr | ₹18.61 Cr | ₹10.47 Cr | ₹6.68 Cr | ₹7.13 Cr |
| Cash & Equivalents | ₹57.44 Cr | ₹27.26 Cr | ₹5.35 Cr | ₹12.76 Lakh | ₹4.89 Cr |
| Equity (Net Worth) | ₹102.03 Cr | ₹36.09 Cr | - | - | - |
| Current Liabilities | ₹109.06 Cr | ₹21.83 Cr | ₹14.3 Cr | ₹8.7 Cr | ₹9.77 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹48.35 Cr | ₹2.75 Cr | -₹4.54 Cr | -₹3.07 Cr | ₹2.76 Cr |
| Investing Cash Flow | -₹30.59 Cr | -₹2.69 Cr | -₹3.13 Cr | -₹2.49 Cr | -₹11.21 Cr |
| Financing Cash Flow | ₹109.12 Cr | ₹21.85 Cr | ₹12.21 Cr | ₹1.49 Cr | ₹13.3 Cr |
| Capital Expenditure | ₹33.96 Cr | ₹3.05 Cr | - | - | - |
| Free Cash Flow (computed) | -₹82.32 Cr | -₹30.06 Lakh | - | - | - |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹30.18 Cr | ₹21.91 Cr | ₹4.54 Cr | -₹4.07 Cr | ₹4.85 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹145.83 Cr | ₹32.9 Cr | ₹20.98 Cr | ₹22.72 Cr | ₹14.83 Cr |
| Other Income | ₹5 Cr | ₹91.61 Lakh | ₹27.74 Lakh | ₹20.23 Lakh | ₹83.04 Lakh |
| Total Income | ₹150.83 Cr | ₹33.82 Cr | - | - | - |
| Cost of Materials Consumed | ₹119.76 Cr | ₹12.56 Cr | ₹9.89 Cr | ₹7.44 Cr | ₹5.44 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹3.27 Cr | -₹55.57 Lakh | -₹6.12 Lakh | ₹1.58 Cr | -₹1.14 Cr |
| Employee Benefit Expense | ₹2.15 Cr | ₹4.51 Cr | ₹2.72 Cr | ₹2.73 Cr | ₹2.04 Cr |
| Finance Costs | ₹5.45 Cr | ₹2.9 Cr | ₹1.08 Cr | ₹47 Lakh | ₹41.7 Lakh |
| Other Expenses | ₹3.93 Cr | ₹9.26 Cr | ₹3.11 Cr | ₹5.04 Cr | ₹3.62 Cr |
| Total Expenses | ₹131.29 Cr | ₹30.37 Cr | ₹19.66 Cr | ₹19.95 Cr | ₹11.66 Cr |
| Profit Before Tax | ₹19.54 Cr | ₹3.45 Cr | ₹1.6 Cr | ₹2.97 Cr | ₹4 Cr |
| Total Tax Expense | ₹7.23 Cr | ₹93.92 Lakh | ₹46.53 Lakh | ₹81.43 Lakh | ₹1.07 Cr |
| Net Profit | ₹12.32 Cr | ₹2.51 Cr | ₹1.13 Cr | ₹2.16 Cr | ₹2.93 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Total Assets | ₹239.74 Cr | ₹83.62 Cr | ₹45.13 Cr | ₹33.72 Cr | ₹30.88 Cr |
| Non-current Assets | ₹47.47 Cr | ₹16.6 Cr | ₹14.95 Cr | ₹14.42 Cr | ₹14.86 Cr |
| Current Assets | ₹192.27 Cr | ₹67.01 Cr | ₹30.19 Cr | ₹19.3 Cr | ₹16.03 Cr |
| Property, Plant & Equipment | ₹29.87 Cr | ₹3.93 Cr | - | - | - |
| Inventories | ₹54.15 Cr | ₹18.61 Cr | ₹10.47 Cr | ₹6.68 Cr | ₹7.13 Cr |
| Cash & Equivalents | ₹57.31 Cr | ₹27.25 Cr | ₹5.34 Cr | ₹11.74 Lakh | ₹4.87 Cr |
| Equity (Net Worth) | ₹102.72 Cr | ₹35.34 Cr | - | - | - |
| Current Liabilities | ₹109.5 Cr | ₹21.71 Cr | ₹14.18 Cr | ₹9.55 Cr | ₹10.58 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹49.08 Cr | ₹1.75 Cr | -₹3.54 Cr | -₹3.07 Cr | ₹2.83 Cr |
| Investing Cash Flow | -₹30.37 Cr | -₹2.7 Cr | -₹3.13 Cr | -₹2.49 Cr | -₹11.22 Cr |
| Financing Cash Flow | ₹109.51 Cr | ₹22.87 Cr | ₹11.21 Cr | ₹1.49 Cr | ₹13.23 Cr |
| Capital Expenditure | ₹34.44 Cr | ₹3.05 Cr | - | - | - |
| Free Cash Flow (computed) | -₹83.52 Cr | -₹1.3 Cr | - | - | - |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹30.06 Cr | ₹21.91 Cr | ₹4.54 Cr | -₹4.07 Cr | ₹4.84 Cr |
Shareholding Pattern of Cwd Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 58.77%, domestic institutional investors hold 0.29%, retail and other public shareholders hold 40.94% of Cwd Limited. The company had 956 shareholders on record.
| Mar 2026 | Sep 2025 | Mar 2025 | Sep 2024 | Jun 2024 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 58.77% | 60.93% | 72.29% | 72.29% | 72.29% | 72.29% |
| Public | 41.23% | 39.07% | 27.71% | 27.71% | 27.71% | 27.71% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|---|---|
| Promoters | 58.77% | 72.29% | 72.29% | 72.29% | 72.29% |
| Public | 41.23% | 27.71% | 27.71% | 27.71% | 27.71% |
| Promoter change (YoY, %pts) | -13.52 | +0.00 | +0.00 | +0.00 | - |
Charges & Borrowings of Cwd Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 2025 | Others | ₹79 Lakh | Open |
| 13 Jun 2019 | Others | ₹49 Cr | Open |
| 27 Feb 2025 | Others | ₹16.46 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Cwd Limited
Cwd Limited has a workforce of 43 employees as of Mar 24, 2024.
Employee and EPFO history for Cwd Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
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GST Compliance of Cwd Limited
GST registrations and filing compliance for Cwd Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
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Credit Ratings, Litigation & Regulatory Alerts for Cwd Limited
Credit ratings, litigation, and regulatory alerts for Cwd Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Cwd Limited
MSME payment history for Cwd Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Cwd Limited
Corporate group structure for Cwd Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
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MCA Filings & Documents of Cwd Limited
MCA filings and documents for Cwd Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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Recent Activity on Cwd Limited
Frequently Asked Questions about Cwd Limited
Cwd Limited is an active public limited company in the information technology sector based in Mumba, Maharashtra, India. It was incorporated on 30 May 2016 (10+ years old) and is registered under CIN U31900MH2016PLC281796. The company has 43 employees.
Cwd Limited reported revenue of ₹141.84 Cr for FY 2026 (up 331.08% YoY) based on consolidated BSE filings.
The current directors and KMP of Cwd Limited are:
- Sodagudi Siddhartha Xavier - Managing Director
- Pravin Bansilal Kharwa - Director
- Himani Bhootra - Director
- Sodagudi Aditya Xavier - Whole-Time Director
- Tejas Ramniklal Kothari - Cfo
- Amishi Tejas Kothari - Director
The primary industry of Cwd Limited is information technology. The company specifically operates in electronic components and equipment manufacturing. The company is currently active in this sector.
Cwd Limited can be reached at the registered office: 101 1St Flr Plot No. 439 Hasham Premji Building Kalbadevi Road Kalbadevi Mumbai, Maharashtra, India – 400002, or through the website cwdin.com.
The authorised capital is ₹10 Cr, and the paid-up capital is ₹4.39 Cr.