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 ₹ 200 Cr.
- Current Price ₹ 6.64
- High / Low ₹ 16.9 / 5.05
- Stock P/E 102
- Book Value ₹ 5.06
- Dividend Yield 1.51 %
- ROCE 7.04 %
- ROE 1.51 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -1.93%
- Promoter holding is low: 22.3%
- Company has a low return on equity of 6.94% over last 3 years.
- Promoters have pledged 34.5% of their holding.
- Company has high debtors of 289 days.
- Working capital days have increased from 63.6 days to 126 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
Part of BSE Consumer Discretionary
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 0 | 0 | 0 | 0 | 0 | 39 | 185 | 239 | 317 | 302 | 247 | |
| 1 | 0 | 0 | 0 | 0 | 1 | 36 | 171 | 220 | 285 | 265 | 226 | |
| Operating Profit | 0 | -0 | -0 | -0 | -0 | -1 | 3 | 14 | 19 | 32 | 37 | 21 |
| OPM % | 3% | -121% | -1,167% | -1,225% | 8% | 8% | 8% | 10% | 12% | 8% | ||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 7 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 5 | 20 | 19 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 5 | 7 | 7 | 6 |
| Profit before tax | 0 | 0 | 0 | 0 | -0 | -1 | 2 | 12 | 14 | 21 | 10 | 3 |
| Tax % | 0% | 50% | 0% | 0% | 1% | 25% | 30% | 32% | 31% | 34% | 31% | |
| 0 | 0 | 0 | 0 | -0 | -1 | 2 | 8 | 9 | 14 | 7 | 2 | |
| EPS in Rs | 0.00 | 0.00 | 0.00 | 0.00 | -0.02 | -0.10 | 0.07 | 0.28 | 0.31 | 0.46 | 0.22 | 0.06 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 59% | 23% | 28% | 28% | 38% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 105% |
| 5 Years: | 44% |
| 3 Years: | 1% |
| TTM: | -18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 69% |
| 5 Years: | 1% |
| 3 Years: | -41% |
| TTM: | -71% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -38% |
| 3 Years: | -48% |
| 1 Year: | -60% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 9% |
| 3 Years: | 7% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 6 | 6 | 6 | 6 | 7 | 22 | 26 | 26 | 26 | 26 | 30 |
| Reserves | 3 | 0 | 0 | 0 | -0 | 4 | 6 | 36 | 63 | 77 | 80 | 122 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14 | 85 | 199 | 153 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 10 | 117 | 120 | 99 | 108 | 88 | |
| Total Liabilities | 7 | 7 | 7 | 7 | 7 | 11 | 38 | 179 | 224 | 286 | 414 | 393 |
| 0 | 0 | 0 | 0 | 0 | 0 | 15 | 36 | 53 | 54 | 52 | 47 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14 | 14 |
| Investments | 0 | 0 | 0 | 4 | 4 | 4 | 0 | 0 | 0 | 0 | 0 | 0 |
| 7 | 7 | 7 | 3 | 2 | 7 | 23 | 143 | 170 | 232 | 347 | 332 | |
| Total Assets | 7 | 7 | 7 | 7 | 7 | 11 | 38 | 179 | 224 | 286 | 414 | 393 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1 | -0 | -0 | -0 | -0 | -5 | 0 | 11 | -18 | -63 | -69 | ||
| 0 | -0 | 0 | -4 | 0 | -0 | -12 | -23 | -22 | -8 | -19 | ||
| 0 | 0 | 0 | 4 | 0 | 7 | 13 | 27 | 33 | 64 | 93 | ||
| Net Cash Flow | -1 | -0 | 0 | -0 | 0 | 1 | 1 | 15 | -6 | -6 | 5 | |
| Free Cash Flow | -1 | -0 | -0 | -0 | -0 | -6 | -16 | -12 | -39 | -71 | -88 | |
| CFO/OP | -1,700% | 9% | 74% | 100% | 86% | 528% | 21% | 95% | -73% | -188% | -186% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 562 | 3,631 | 0 | 456 | 27 | 12 | 25 | 77 | 188 | 289 | ||
| Inventory Days | 19 | 0 | 7,446 | 84 | 165 | 131 | 126 | 124 | 106 | |||
| Days Payable | 0 | 511 | 106 | 162 | 87 | 96 | 117 | 102 | ||||
| Cash Conversion Cycle | 581 | 3,631 | 0 | 7,391 | 4 | 15 | 68 | 106 | 195 | 294 | ||
| Working Capital Days | 2,090 | 12,506 | 365 | 18,889 | 62 | -7 | 13 | 40 | 25 | 126 | ||
| ROCE % | 0% | 0% | 0% | 0% | -2% | -10% | 13% | 27% | 17% | 18% | 12% | 7% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Electric Two-Wheeler Sales Volume Units |
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| Installed Production Capacity - Electric Two-Wheelers Units Per Annum |
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| Number of Dealers Count |
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| Number of Showroom Distributors Count |
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| Gross Current Assets (GCA) Days Days |
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| Installed Production Capacity - Electric Three-Wheelers Units Per Annum |
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| Market Share in Indian EV Segment Percentage |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Newspaper Publication of Quick Response Code and details of web page for Audited Financial Results (Standalone & Consolidated) of the Company for the fourth Quarter …
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Board Meeting Outcome for Enclosed Outcome Of The Board Meeting Dated 30Th May 2026
2d - Board approved FY26 audited results and a rights issue up to ₹100 crore.
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Enclosed Financial Results For FY 2025-26
2d - Board approved FY26 audited results and proposed rights issue up to Rs 100 crore on 30 May 2026.
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Enclosed Herewith Attahced Nil Statement Of Deviation & Variations For The Fourth Quarter And Year Ended On 31.03.2026
2d - Board approved FY26 audited results and up to Rs100 crore rights issue on 30 May 2026.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Submitted revised Annual Secretarial Compliance Report for FY ended March 31, 2026.
Annual reports
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Financial Year 2025
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Financial Year 2024
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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
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Concalls
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Mar 2026TranscriptAI SummaryPPT
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Nov 2025TranscriptAI SummaryPPT
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Sep 2025TranscriptAI SummaryPPT
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Feb 2025TranscriptAI SummaryPPT
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Nov 2024TranscriptAI SummaryPPT
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Aug 2024TranscriptAI SummaryPPT
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May 2024TranscriptAI SummaryPPT
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Feb 2024Transcript PPT REC
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Dec 2023TranscriptAI SummaryPPT
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Sep 2023TranscriptAI SummaryPPT
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May 2023Transcript PPT
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Apr 2023TranscriptAI SummaryPPT
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Nov 2022TranscriptAI SummaryPPT
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Oct 2022TranscriptAI SummaryPPT
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Jul 2022TranscriptAI SummaryPPT
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Jul 2022TranscriptAI SummaryPPT
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Feb 2022TranscriptAI SummaryPPT
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Nov 2021TranscriptAI SummaryPPT
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Nov 2021TranscriptAI SummaryPPT
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Sep 2021TranscriptAI SummaryPPT
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Jul 2021TranscriptAI SummaryPPT
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Feb 2021TranscriptAI SummaryPPT
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Nov 2020TranscriptAI SummaryPPT
Pioneering EV Manufacturer
The company exclusively focused on EV manufacturing, launched its inaugural low-speed electric scooter in 2018. Its portfolio comprises 10+ EV models across the Joy e-bike brand (2W) and 3+ models under the Joy e-rik brand (3W). [1]