Wardwizard Innovations & Mobility Ltd - Stock Valuation and Financial Performance

BSE: 538970 | NSE: | Automobile Two & Three Wheelers | Small Cap

Wardwizard Innovat. Share Price

42.20 -0.96 -2.22%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on Wardwizard Innovat.

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Wardwizard Innovations & Mobility stock performance -

mw4me loader
P/E Ratio (SA):
174.60
Market Cap:
1,125.2 Cr.
52-wk low:
39.9
52-wk high:
86.5

Is Wardwizard Innovations & Mobility Ltd an attractive stock to invest in?

1. Is Wardwizard Innovations & Mobility Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Wardwizard Innovations & Mobility Ltd is a below average quality company.

2. Is Wardwizard Innovations & Mobility Ltd undervalued or overvalued?

The key valuation ratios of Wardwizard Innovations & Mobility Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Wardwizard Innovations & Mobility Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Wardwizard Innovations & Mobility Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Wardwizard Innovat.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Wardwizard Innovations & Mobility Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 0.1%0.1%0.2%0.2%-2.4%-10.3%12.7%26.9%18%18.1%-
Value Creation
Index
-1.0-1.0-1.0-1.0-1.2-1.7-0.10.90.30.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1.10.20000.139.3185239317341
Sales YoY Gr.--83.2%-84.2%-100%NANA49,050%369.4%29.5%32.8%-
Adj EPS 0000-0-0.10.10.30.40.50.3
YoY Gr.-NANANANANANA244.4%16.1%50%-
BVPS (₹) 111110.91.22.43.43.93.8
Adj Net
Profit
0000-0.2-0.91.98.19.314.27
Cash Flow from Ops. -0.50-0.3-0.2-0.3-5.2010.8-17.9-63-
Debt/CF from Ops. 000-0.10000-0.7-1.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 87.1%NA100.6%32.8%
Adj EPS NANA81.7%50%
BVPS16.2%31.6%47.8%15.5%
Share Price - -10.1% -17.7% -19.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
0.10.10.10.2-2.4-10.49.717.912.314.86.5
Op. Profit
Mgn %
1.9-119.2-1112.300-1234.97.97.58.110.28.1
Net Profit
Mgn %
0.83.41900-1135.64.84.43.94.51.9
Debt to
Equity
000000000.10.80.1
Working Cap
Days
2,05412,65575,3180014,190123149224220140
Cash Conv.
Cycle
5593,54111,037003,690101265923

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 100.58%

Net Profit is growing at healthy rate in last 3 years 81.71%

Sales growth is good in last 4 quarters at 65.92%

Return on Equity has declined versus last 3 years average to 6.50%

Latest Financials - Wardwizard Innovations & Mobility Ltd.

Standalone Consolidated
TTM EPS (₹) 0.3 0.2
TTM Sales (₹ Cr.) 341 344
BVPS (₹.) 3.8 3.7
Reserves (₹ Cr.) 73 71
P/BV 11.36 11.57
PE 174.60 208.02
From the Market
52 Week Low / High (₹) 39.90 / 86.50
All Time Low / High (₹) 2.49 / 100.70
Market Cap (₹ Cr.) 1,125
Equity (₹ Cr.) 26.1
Face Value (₹) 1
Industry PE 32.9

Management X-Ray of Wardwizard Innovat.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.546.91
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Wardwizard Innovat.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales10000039185239317
Operating Expenses 10000136171220285
Manufacturing Costs0000000000
Material Costs10000032159192226
Employee Cost 00000026812
Other Costs 000001261947
Operating Profit 00000-13141932
Operating Profit Margin (%) 1.9%-119.0%-1,112.3%---1,234.9%7.8%7.5%8.1%10.2%
Other Income 0000000100
Interest 0000000015
Depreciation 0000001257
Exceptional Items 0000000000
Profit Before Tax 00000-12121421
Tax 0000001446
Profit After Tax 00000-128914
PAT Margin (%) 0.8%3.4%19.0%---1,135.6%4.8%4.6%4.0%4.5%
Adjusted EPS (₹)0.00.00.00.00.0-0.10.10.30.40.5
Dividend Payout Ratio (%)0%0%0%0%0%0%59%23%28%28%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 777766276289103
Share Capital 36666722262626
Reserves 30000-15366377
Minority Interest0000000000
Debt000000001283
Long Term Debt000000001210
Short Term Debt00000000073
Trade Payables0000009704659
Others Liabilities 0000053508543
Total Liabilities 777771139183231288

Fixed Assets

Gross Block00000016396168
Accumulated Depreciation00000013814
Net Fixed Assets00000015365354
CWIP 0000000000
Investments 0004440000
Inventories0000027726978
Trade Receivables220000361666
Cash Equivalents 000001217115
Others Assets55732311528285
Total Assets 777771139183231288

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -10000-5011-18-63
PBT 00000-12121421
Adjustment 00000012512
Changes in Working Capital -1-0-0-00-4-2-1-33-93
Tax Paid 000000-1-2-4-2
Cash Flow From Investing Activity 000-400-12-23-22-8
Capex 000000-16-23-22-8
Net Investments 000-4004000
Others 0000000000
Cash Flow From Financing Activity 00040713273364
Net Proceeds from Shares 0000051526180
Net Proceeds from Borrowing 0000000014-2
Interest Paid 000000000-5
Dividend Paid 00000000-1-1
Others 000402-31372
Net Cash Flow -100001115-6-6
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)0.250.10.090.15-2.39-14.1611.319.0512.514.79
ROCE (%)0.070.140.220.2-2.36-10.2812.726.9417.9818.08
Asset Turnover Ratio0.170.030000.011.571.671.161.26
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/A01.38-2-4.5
Working Capital Days
Receivable Days5473,4900003651491746
Inventory Days12520007,136437810682
Payable Days00000330549211085

Wardwizard Innovations & Mobility Ltd Stock News

Wardwizard Innovations & Mobility Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Wardwizard Innovat. on 21-Nov-2024 16:59 is ₹42.20.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Wardwizard Innovat. stood at ₹1,125.2.
The latest P/E ratio of Wardwizard Innovat. as of 21-Nov-2024 16:59 is 174.6.
The latest P/B ratio of Wardwizard Innovat. as of 21-Nov-2024 16:59 is 11.36.
The 52-week high of Wardwizard Innovat. is ₹86.50 and the 52-week low is ₹39.90.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Wardwizard Innovat. is ₹341.4 ( Cr.) .

About Wardwizard Innovations & Mobility Ltd

Wardwizard Innovations & Mobility Limited (Formerly Known as Manvijay Development Company Limited) is a Public listed company incorporated on October 20, 1982. In the year 2019, there has been change in the Control & Management of the Company pursuant to successful completion of Open Offer by the Acquirers (Mr. Yatin Gupte & others) on September 24, 2019.

Shares of the Company got listed on the Bombay Stock Exchange on February 27, 2015 subsequently the name has since been changed to Wardwizard Innovations & Mobility Limited on June 9, 2020.

Business area of the company

The company is engaged in the manufacturing and selling of Electrical Vehicles, Spare parts and other related services. Further the company is also engaged in Trading of Home appliances, White Goods and Digital business process support services.

Awards and accolades

  • 2018: Bharat Gaurav Award 2018- For Environment Conservation.
  • 2018: India's Top 500 CEO Award - 2018, By Benchmark Trust, TOV.
  • 2018: India's 5000 Best MSME Award - 2018, By Benchmark Trust, TOV.
  • 2019: Best Corporate innovative Product - 2019 By Times Icon of Vadodara.
  • 2019: Leading E-Bike Manufacturer Award - 2019, By Pride of Gujarat - News 18 Gujarati. Ahmedabad by Chief Minister of Gujarat - Shri Vijay Rupani.
  • 2019: Best Electric Vehicle Manufacturing CEO - 2019 By, Global CEO Excellence Award.
  • 2019: Innovative Electric Vehicle Manufacturer - 2019 by TV9 Gujarati.
  • 2020: Nominated as the fastest growing leaders 2019-2020 by Asia.
  • 2020: Fastest Growing E2W Company in India by ET Edge in the 3rd edition of The Best Brands 2020.
  • 2020-21: The Economic Times Most Promising Most Promising Business Leader of Asia 2020 -2021.
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