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 ₹ 359 Cr.
- Current Price ₹ 13.8
- High / Low ₹ 57.4 / 10.0
- Stock P/E 69.4
- Book Value ₹ 4.02
- Dividend Yield 0.70 %
- ROCE 12.4 %
- ROE 6.18 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 3.45 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -7.12%
- Promoters have pledged or encumbered 52.6% of their holding.
- Company has high debtors of 186 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 185 | 239 | 321 | 305 | 286 | |
| 0 | 0 | 0 | 1 | 171 | 220 | 289 | 268 | 253 | |
| Operating Profit | -0 | -0 | -0 | -1 | 14 | 19 | 32 | 37 | 33 |
| OPM % | -1,167% | -1,238% | 8% | 8% | 10% | 12% | 12% | ||
| 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 5 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 1 | 5 | 20 | 23 |
| Depreciation | 0 | 0 | 0 | 0 | 2 | 5 | 7 | 7 | 7 |
| Profit before tax | 0 | 0 | -0 | -1 | 12 | 13 | 20 | 10 | 8 |
| Tax % | 50% | 0% | 1% | 30% | 33% | 33% | 36% | ||
| 0 | 0 | -0 | -1 | 8 | 9 | 13 | 6 | 5 | |
| EPS in Rs | 0.00 | 0.00 | -0.03 | -0.12 | 0.32 | 0.34 | 0.52 | 0.24 | 0.20 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 29% | 29% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 420% |
| 3 Years: | 18% |
| TTM: | -15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 55% |
| 3 Years: | -9% |
| TTM: | -64% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | -6% |
| 3 Years: | -39% |
| 1 Year: | -75% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 7 | 26 | 26 | 26 | |
| Reserves | 0 | -0 | -0 | 3 | 62 | 75 | 79 | |
| 0 | 0 | 0 | 0 | 14 | 85 | 199 | ||
| 0 | 0 | 0 | 1 | 121 | 100 | 109 | ||
| Total Liabilities | 7 | 7 | 6 | 11 | 223 | 285 | 413 | |
| 0 | 0 | 0 | 0 | 53 | 54 | 52 | ||
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 14 | |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 7 | 7 | 6 | 11 | 170 | 232 | 347 | ||
| Total Assets | 7 | 7 | 6 | 11 | 223 | 285 | 413 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| -0 | 4 | 0 | -5 | -18 | -63 | -69 | ||
| 0 | 0 | 0 | -0 | -21 | -8 | -19 | ||
| 0 | -4 | -0 | 7 | 34 | 64 | 93 | ||
| Net Cash Flow | 0 | -0 | -0 | 1 | -6 | -6 | 4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 456 | 25 | 76 | 186 | |||
| Inventory Days | 0 | 7,446 | 131 | 124 | 122 | |||
| Days Payable | 584 | 87 | 94 | 117 | ||||
| Cash Conversion Cycle | 0 | 7,318 | 68 | 105 | 192 | |||
| Working Capital Days | 365 | 18,798 | 12 | 39 | 23 | |||
| ROCE % | 0% | -2% | -10% | 17% | 12% |
Documents
Announcements
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Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
1d - Promoter Yatin Gupte: pledge revoked for 1,242,200 shares on 28 Aug 2025.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 1d
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Pre-Newspaper Publication of Notice of 43rd AGM of Wardwizard Innovations & Mobility Limited.
- Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 2d
- Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 2 Sep
Annual reports
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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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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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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]