52-Week High Alert & Rs 200 crore order book: Micro-cap company secures Rs 76 crore deal for the supply of UPI sound boxes
DSIJ Intelligence-1 / 19 Aug 2025/ Categories: Multibaggers, Trending
The stock has given multibagger returns of 166 per cent from its 52-week low of Rs 590 per share.
CWD Limited, a prominent information and communication technology company specialising in IoT solutions and connected devices, has secured a significant purchase order valued at Rs 76 crore for the supply of UPI sound boxes. This contract underscores CWD Limited's strong position in India's expanding digital payment infrastructure. The deal reinforces the company's strategic market presence, driven by the surging demand for reliable payment confirmation devices amidst the daily UPI transactions exceeding 14.96 billion as of early 2025.
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The new order is a substantial milestone for CWD Limited, further cementing its role as a pioneer in India's sound box manufacturing ecosystem. The company has already deployed over 14 million Sound Boxes nationwide, showcasing its end-to-end capabilities in design, development, and manufacturing. CWD's sound box solutions offer instant audio payment confirmation in multiple Indian languages, multi-connectivity options (2G, 4G, Wi-Fi), IP65-rated durability, seamless integration with major UPI platforms, and are "Made in India" from their Mysore facility.
This new order significantly boosts CWD Limited's financial outlook, adding to its robust revenue visibility and growth trajectory. The company reported an impressive 87.8 per cent revenue growth in FY25, with total revenues reaching Rs 33.82 crore. With a current order book of Rs 200 crore, CWD Limited is well-positioned to capitalise on India's booming digital payments market. The Person-to-Merchant (P2M) segment, a key user of sound boxes, accounts for 60 per cent of UPI transaction volume growth, with projections indicating UPI daily transactions could reach 1 billion by FY 2027-28, presenting substantial future opportunities for the company.
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About the Company
CWD Limited, incorporated in 2016 and headquartered in Mumbai, is a leading information and communication technology company that designs, develops, manufactures, and sells integrated IoT solutions combining software and electronics. The company operates across Consumer Electronics and Technology Solutions segments, serving agriculture, healthcare, manufacturing, logistics, and fintech industries. CWD Limited has established itself as India's premier sound box manufacturer, contributing significantly to the country's digital payment infrastructure development.
On Tuesday, shares of CWD Ltd surged 4.74 per cent and made a fresh 52-week high of Rs 1,569.90 per share from its previous closing of Rs 1,498.90 per share. The company has a market cap of over Rs 650 crore. The stock has given multibagger returns of 166 per cent from its 52-week low of Rs 590 per share.
Disclaimer: The article is for informational purposes only and not investment advice.