Wardwizard Innovations & Mobility Ltd
Wardwizard Innovations & Mobility Limited focuses to provide clean and greener alternatives to current ways of life through two star products, Joy E-Bikes and Vyom Innovations.
- Market Cap ₹ 357 Cr.
- Current Price ₹ 13.7
- High / Low ₹ 63.8 / 12.0
- Stock P/E 52.6
- Book Value ₹ 4.08
- Dividend Yield 1.09 %
- ROCE 12.5 %
- ROE 6.50 %
- Face Value ₹ 1.00
Pros
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -4.35%
- Company has a low return on equity of 11.0% over last 3 years.
- Promoters have pledged or encumbered 30.4% of their holding.
- Company has high debtors of 188 days.
- Working capital days have increased from 133 days to 259 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Automobile and Auto Components Automobiles 2/3 Wheelers
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5 | 1 | 0 | 0 | 0 | 0 | 0 | 39 | 185 | 239 | 317 | 302 | |
| 5 | 1 | 0 | 0 | 0 | 0 | 1 | 36 | 171 | 220 | 285 | 265 | |
| Operating Profit | 0 | 0 | -0 | -0 | -0 | -0 | -1 | 3 | 14 | 19 | 32 | 37 |
| OPM % | 9% | 3% | -121% | -1,167% | -1,225% | 8% | 8% | 8% | 10% | 12% | ||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 5 | 20 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 5 | 7 | 7 |
| Profit before tax | 0 | 0 | 0 | 0 | 0 | -0 | -1 | 2 | 12 | 14 | 21 | 10 |
| Tax % | 32% | 0% | 50% | 0% | 0% | 1% | 25% | 30% | 32% | 31% | 34% | |
| 0 | 0 | 0 | 0 | 0 | -0 | -1 | 2 | 8 | 9 | 14 | 7 | |
| EPS in Rs | 0.82 | 0.00 | 0.00 | 0.00 | 0.00 | -0.02 | -0.12 | 0.08 | 0.32 | 0.36 | 0.54 | 0.26 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 59% | 23% | 28% | 28% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 75% |
| 5 Years: | 419% |
| 3 Years: | 18% |
| TTM: | -5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 92% |
| 5 Years: | 57% |
| 3 Years: | -7% |
| TTM: | -52% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 7% |
| 3 Years: | -39% |
| 1 Year: | -76% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 12% |
| 3 Years: | 11% |
| Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.24 | 3 | 6 | 6 | 6 | 6 | 7 | 22 | 26 | 26 | 26 | 26 |
| Reserves | 6 | 3 | 0 | 0 | 0 | -0 | 4 | 6 | 36 | 63 | 77 | 80 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14 | 85 | 199 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 117 | 120 | 99 | 108 | |
| Total Liabilities | 7 | 7 | 7 | 7 | 7 | 7 | 11 | 38 | 179 | 224 | 286 | 414 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 36 | 53 | 54 | 52 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14 |
| Investments | 0 | 0 | 0 | 0 | 4 | 4 | 4 | 0 | 0 | 0 | 0 | 0 |
| 7 | 7 | 7 | 7 | 3 | 2 | 7 | 23 | 143 | 170 | 232 | 347 | |
| Total Assets | 7 | 7 | 7 | 7 | 7 | 7 | 11 | 38 | 179 | 224 | 286 | 414 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -5 | -1 | -0 | -0 | -0 | -0 | -5 | 0 | 11 | -18 | -63 | -69 | |
| -0 | 0 | -0 | 0 | -4 | 0 | -0 | -12 | -23 | -22 | -8 | -19 | |
| 6 | 0 | 0 | 0 | 4 | 0 | 7 | 13 | 27 | 33 | 64 | 93 | |
| Net Cash Flow | 1 | -1 | -0 | 0 | -0 | 0 | 1 | 1 | 15 | -6 | -6 | 5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 119 | 562 | 3,631 | 0 | 456 | 27 | 12 | 25 | 77 | 188 | ||
| Inventory Days | 3 | 19 | 0 | 7,446 | 84 | 165 | 131 | 126 | 124 | |||
| Days Payable | 0 | 0 | 511 | 106 | 162 | 87 | 96 | 117 | ||||
| Cash Conversion Cycle | 122 | 581 | 3,631 | 0 | 7,391 | 4 | 15 | 68 | 106 | 195 | ||
| Working Capital Days | 427 | 2,090 | 12,506 | 365 | 18,889 | 62 | -7 | 13 | 125 | 259 | ||
| ROCE % | 14% | 0% | 0% | 0% | 0% | -2% | -10% | 13% | 27% | 17% | 18% | 12% |
Documents
Announcements
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Board Meeting Intimation for Prior Intimation Of Board Meeting Date Under Regulation 29 Of SEBI (LODR) Regulations, 2015, And All Other Applicable Regulations, If Any, As Amended From Time To Time.
1d - Board meeting on July 28 to appoint internal auditors for FY 2025-26 and discuss other matters.
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Announcement under Regulation 30 (LODR)-Change in Management
19 Jul - Internal auditors M/s. O P Rathi & Co. resigned effective 18 July 2025 due to other commitments.
- Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 15 Jul
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 15 Jul
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Jul - Disclosure under Reg 74(5) of SEBI (DP) Regulation 2018 of Wardwizard Innovations & Mobility Limited.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
from bse
Concalls
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May 2025TranscriptNotesPPT
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Feb 2025TranscriptNotesPPT
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Nov 2024TranscriptNotesPPT
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Aug 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Feb 2024Transcript PPT REC
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Dec 2023TranscriptNotesPPT
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Sep 2023TranscriptNotesPPT
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May 2023Transcript PPT
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Apr 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Oct 2022TranscriptNotesPPT
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Jul 2022TranscriptNotesPPT
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Jul 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Sep 2021TranscriptNotesPPT
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Jul 2021TranscriptNotesPPT
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Feb 2021TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
Leading EV Manufacturer
Wardwizard Innovations, India’s first BSE-listed firm in the core EV manufacturing segment, launched its inaugural low-speed electric scooter, the Butterfly, in 2018. It has since become a leading EV manufacturer with a portfolio of over 10 models, including high-speed and low-speed electric 2-wheelers and 3-wheelers. [1] [2]