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Wardwizard Innovat. Overview

Wardwizard Innovations & Mobility Ltd, formerly refered as Manvijay Development Company Ltd., engaged inside the area of technology and health-oriented consumer merchandise. The Company’s manufacturers consist of VYOM and Joy E-BIKE. The Company provides Vyom Smart TV, portable air conditioner, air conditioner, Vyom Voice Enabled television (TV), four door refrigerator, Alkaline Water Ionizer, air cleaner, Joy E-Bike Monster, Nanu E-Scooter Butterfly Model, Nanu E-Scooter Honeybee Model, Joy E-Bike E-Monster, Joy E-Bike Glob, Rockefeller...Read More

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Wardwizard Innovat. Key Financials

Market Cap ₹274 Cr.

Stock P/E 43.1

P/B 1.8

Current Price ₹9.1

Book Value ₹ 5

Face Value 1

52W High ₹20.9

Dividend Yield 1.07%

52W Low ₹ 5.1

Wardwizard Innovat. Share Price

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Volume
Price

Wardwizard Innovat. Quarterly Price

Show Value Show %

Wardwizard Innovat. Peer Comparison

Wardwizard Innovat. Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 49 106 128 51 58 86 109 32 33 63
Other Income 0 0 0 0 0 0 0 5 1 0
Total Income 49 106 128 51 58 86 109 37 34 63
Total Expenditure 43 95 118 44 60 74 90 28 28 58
Operating Profit 6 11 10 7 -2 12 19 9 6 5
Interest 1 2 2 3 4 7 7 6 5 3
Depreciation 2 2 2 1 2 2 2 2 2 2
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 3 8 6 3 -7 4 10 1 0 0
Provision for Tax 1 3 2 1 -1 0 3 0 -0 -0
Profit After Tax 3 5 4 2 -6 4 6 1 0 0
Adjustments -0 0 -0 -0 0 0 0 0 0 0
Profit After Adjustments 3 5 4 2 -6 4 6 1 0 0
Adjusted Earnings Per Share 0.1 0.2 0.1 0.1 -0.2 0.1 0.2 0 0 0

Wardwizard Innovat. Profit & Loss

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 0 0 0 0 239 321 305 237
Other Income 0 0 0 0 0 0 0 6
Total Income 0 0 0 0 239 322 305 243
Total Expenditure 0 0 0 1 220 290 268 204
Operating Profit 0 0 -0 -1 19 32 37 39
Interest 0 0 0 0 1 5 20 21
Depreciation 0 0 0 0 5 7 7 8
Exceptional Income / Expenses 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 -0 -1 13 20 10 11
Provision for Tax 0 0 0 0 4 6 4 3
Profit After Tax 0 -0 -0 -1 9 13 6 7
Adjustments 0 0 0 0 0 0 0 0
Profit After Adjustments 0 -0 -0 -1 9 13 6 7
Adjusted Earnings Per Share 0 -0 -0 -0.1 0.3 0.5 0.2 0.2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -5% 0% 0% 0%
Operating Profit CAGR 16% 0% 0% 0%
PAT CAGR -54% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -55% -44% -34% 5%
ROE Average 6% 13% 4% 3%
ROCE Average 12% 19% 8% 6%

Wardwizard Innovat. Balance Sheet

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 7 6 6 11 88 101 105
Minority's Interest 0 0 0 0 0 0 0
Borrowings 0 0 0 0 12 10 4
Other Non-Current Liabilities 0 0 0 0 2 1 1
Total Current Liabilities 0 0 0 0 129 174 306
Total Liabilities 7 7 6 11 231 287 416
Fixed Assets 0 0 0 0 53 54 52
Other Non-Current Assets 6 7 6 5 29 20 29
Total Current Assets 0 0 0 6 148 214 335
Total Assets 7 7 6 11 231 287 416

Wardwizard Innovat. Cash Flow

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 17 11 5
Cash Flow from Operating Activities -0 4 0 -5 -18 -63 -69
Cash Flow from Investing Activities 0 0 -0 -0 -21 -8 -19
Cash Flow from Financing Activities 0 -4 -0 7 34 64 93
Net Cash Inflow / Outflow 0 -0 -0 1 -6 -6 4
Closing Cash & Cash Equivalent 0 0 0 1 11 5 9

Wardwizard Innovat. Ratios

# Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0 -0 -0.03 -0.12 0.33 0.5 0.24
CEPS(Rs) 0 0.01 -0.03 -0.12 0.52 0.75 0.49
DPS(Rs) 0 0 0 0 0.1 0.15 0.1
Book NAV/Share(Rs) 0.99 0.95 0.92 0.81 3.3 3.78 3.91
Core EBITDA Margin(%) -1110.31 0 0 -958.75 7.74 9.53 11.53
EBIT Margin(%) 47.4 0 0 -869.02 5.83 7.58 9.55
Pre Tax Margin(%) 45.41 0 0 -874.42 5.5 6 3.11
PAT Margin (%) 18.98 0 0 -882.3 3.67 4.05 2.01
Cash Profit Margin (%) 55.24 0 0 -874.98 5.72 6.06 4.11
ROA(%) 0.09 -0.04 -2.59 -10.34 7.31 5.19 1.81
ROE(%) 0.09 -0.04 -2.72 -15 18.78 14.18 6.17
ROCE(%) 0.23 0.02 -2.67 -10.75 25.38 17.7 12.48
Receivable days 0 0 0 365 12.31 45.43 127.9
Inventory Days 0 0 0 7136.12 53.58 80.51 82.39
Payable days 0 0 0 381.53 43.69 83.62 113.73
PER(x) 6408.6 0 0 0 152.56 110.25 74.09
Price/Book(x) 5.84 0 0 8.65 15.31 14.63 4.5
Dividend Yield(%) 0 0 0 0 0.19 0.26 0.55
EV/Net Sales(x) 1214.9 0 0 640.28 5.66 4.85 2.16
EV/Core EBITDA(x) 1452.04 769.18 -39.34 -57.2 71.04 48.96 17.81
Net Sales Growth(%) 0 -100 0 0 0 34.53 -5.13
EBIT Growth(%) 0 -93 0 -438 1654.1 78.88 20.29
PAT Growth(%) 0 -146.47 -5984.56 -439.87 1062.92 51.78 -52.68
EPS Growth(%) 0 -135.48 -7827.27 -377.64 372.54 51.79 -52.68
Debt/Equity(x) 0 0.02 0 0 0.14 0.82 1.88
Current Ratio(x) 3.93 1.45 1.41 13.35 1.15 1.22 1.09
Quick Ratio(x) 3.93 1.45 1.41 8.79 0.62 0.78 0.88
Interest Cover(x) 23.77 0 0 -160.83 17.37 4.79 1.48
Total Debt/Mcap(x) 0 0 0 0 0.01 0.06 0.42

Wardwizard Innovat. Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 70.45 68.42 67.46 58.63 54.52 51.49 47.14 40.02 35.41 24.25
FII 0 0.04 0.05 0.02 0 0 0 0 0 0
DII 0 0 0.06 0 0 0 0 0 0 0
Public 29.54 31.53 32.43 41.36 45.48 48.51 52.86 59.98 64.59 75.75
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Wardwizard Innovat. News

Wardwizard Innovat. Pros & Cons

Pros

  • Company has reduced debt.

Cons

  • Promoter holding is low: 24.25%.
  • Company has a low return on equity of 13% over the last 3 years.
  • Debtor days have increased from 83.62 to 113.73days.
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