WARDWIZARD INNOVATIONS & MOBILITY LIMITED

Income Statement Wardwizard Innovations & Mobility Limited

Equities

WARDINMOBI

INE945P01024

Recreational Products

Market Closed - Bombay S.E. Other stock markets 06:23:08 2024-09-13 am EDT			5-day change	1st Jan Change
55.54 ^INR	+0.40%		+2.42%	+0.11%

Sep. 06	India's EV maker Wardwizard Innovations to form joint venture in Saudi Arabia	RE
Sep. 03	Wardwizard Innovations & Mobility Limited Announces Resignation of Tarun Kumar Sharma from the Position of President - Marketing and Branding	CI

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Published financial data: WARDWIZARD INNOVATIONS & MOBILITY LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	1.04M	393M	1.85B	2.39B	3.21B
Interest And Invest. Income (Rev)	986K	348K	-	-	-
Other Revenues, Total	-	-	-	764K	1.44M
Total Revenues	2.03M	394M	1.85B	2.39B	3.22B
Cost of Goods Sold, Total	992K	318M	1.59B	1.92B	2.29B
Gross Profit	1.04M	75.22M	259M	468M	922M
Selling General & Admin Expenses, Total	1.1M	37.41M	84.3M	193M	468M
Depreciation & Amortization - (IS)	76.36K	6.33M	23.33M	49.49M	66.72M
Other Operating Expenses	8.93M	6.41M	35.72M	85.96M	137M
Other Operating Expenses, Total	10.11M	50.15M	143M	328M	671M
Operating Income	-9.07M	25.07M	116M	140M	251M
Interest Expense, Total	-56.3K	-46.43K	-229K	-9.45M	-42.05M
Interest And Investment Income	20.47K	-	11K	319K	536K
Net Interest Expenses	-35.82K	-46.43K	-218K	-9.13M	-41.51M
Currency Exchange Gains (Loss)	-	-240K	5.72M	425K	-172K
Other Non Operating Income (Expenses)	-	1	48K	-412K	-10.09M
EBT, Excl. Unusual Items	-9.11M	24.79M	121M	131M	199M
Gain (Loss) On Sale Of Assets	-	-	-	2.05M	-
Asset Writedown	-	-504	-	-352K	-
EBT, Incl. Unusual Items	-9.11M	24.79M	121M	133M	199M
Income Tax Expense	82.09K	6.07M	36.65M	44.09M	64.83M
Earnings From Continuing Operations	-9.19M	18.72M	84.77M	88.52M	134M
Net Income to Company	-9.19M	18.72M	84.77M	88.52M	134M
Minority Interest	40.02K	-	-	-	-
Net Income - (IS)	-9.15M	18.72M	84.77M	88.52M	134M
Net Income to Common Incl Extra Items	-9.15M	18.72M	84.77M	88.52M	134M
Net Income to Common Excl. Extra Items	-9.15M	18.72M	84.77M	88.52M	134M
Per Share Items
Net EPS - Basic	-0.14	0.1	0.35	0.34	0.52
Basic EPS - Continuing Operations	-0.14	0.1	0.35	0.34	0.52
Basic Weighted Average Shares Outstanding	64.82M	187M	243M	260M	261M
Net EPS - Diluted	-0.14	0.09	0.35	0.34	0.52
Diluted EPS - Continuing Operations	-0.14	0.09	0.35	0.34	0.52
Diluted Weighted Average Shares Outstanding	64.82M	200M	243M	260M	261M
Normalized Basic EPS	-0.09	0.08	0.31	0.32	0.48
Normalized Diluted EPS	-0.09	0.08	0.31	0.32	0.48
Dividend Per Share	-	0.05	0.08	0.1	0.15
Payout Ratio	-10.77	-	4.29	6.4	5.73
Supplemental Items
EBITDA	-9.05M	31.29M	139M	183M	305M
EBITA	-9.07M	25.07M	116M	140M	251M
EBIT	-9.07M	25.07M	116M	140M	251M
EBITDAR	-8.76M	34.45M	141M	184M	312M
Total Revenues (As Reported)	2.05M	394M	1.85B	2.39B	3.22B
Effective Tax Rate - (Ratio)	-0.9	24.48	30.18	33.25	32.55
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	-	5.8M	40M	45.59M	64.62M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	82.09K	267K	-3.35M	-1.5M	210K
Normalized Net Income	-5.65M	15.49M	75.89M	81.82M	124M
Interest on Long-Term Debt	-	-	-	126K	-
Non-Cash Pension Expense	-	0	49K	160K	239K
Supplemental Operating Expense Items
Advertising Expense	126K	4.07M	19.65M	97.58M	274M
Marketing Expenses	-	-	1.36M	5.24M	250K
Selling and Marketing Expenses	126K	4.07M	21.01M	103M	274M
General and Administrative Expenses	-	-	-	-	53.86M
Research And Development Expense From Footnotes	-	-	811K	6.3M	-
Net Rental Expense, Total	294K	3.16M	1.97M	491K	6.3M
Imputed Operating Lease Interest Expense	-	-	-	-	4.28M
Imputed Operating Lease Depreciation	-	-	-	-	2.01M
Maintenance & Repair Expenses, Total	-	24K	1.2M	2.61M	-

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	13.92M	22.77M	171M	112M	51.27M
Total Cash And Short Term Investments	13.92M	22.77M	171M	112M	51.27M
Accounts Receivable, Total	1.04M	28.93M	58.56M	162M	665M
Other Receivables	-	-	-	-	-
Notes Receivable	76.4K	6.92K	4K	4K	-
Total Receivables	1.12M	28.94M	58.57M	162M	665M
Inventory	20.37M	73.25M	716M	688M	776M
Prepaid Expenses	6.92K	93.76K	-	-	206M
Other Current Assets, Total	24.2M	63.15M	359M	441M	416M
Total Current Assets	59.61M	188M	1.3B	1.4B	2.11B
Gross Property Plant And Equipment	4.21M	160M	389M	572M	629M
Accumulated Depreciation	-32.82K	-6.24M	-29.05M	-74.76M	-134M
Net Property Plant And Equipment	4.18M	154M	360M	497M	494M
Long-term Investments	100K	37.5M	24.2M	-	-
Other Intangibles, Total	0	987K	1.32M	34.1M	44.19M
Loans Receivable Long-Term	49.11M	184K	-	-	-
Deferred Tax Assets Long-Term	-82.09K	-349K	3.01M	4.5M	4.29M
Other Long-Term Assets, Total	459K	473K	99.9M	294M	197M
Total Assets	113M	381M	1.79B	2.23B	2.85B
Liabilities
Accounts Payable, Total	1.57M	92.81M	703M	458M	593M
Accrued Expenses, Total	2.89M	5.2M	16.27M	16.04M	23.43M
Short-term Borrowings	-	-	-	-	700M
Current Portion of Long-Term Debt	-	-	-	-	25.26M
Current Portion of Leases	-	-	-	5.38M	12.4M
Current Income Taxes Payable	-	-	-	5.36M	42.08M
Unearned Revenue Current, Total	-	-	1.35M	53.01M	53.75M
Other Current Liabilities	-	777K	448M	671M	272M
Total Current Liabilities	4.46M	98.79M	1.17B	1.21B	1.72B
Long-Term Debt	-	-	-	120M	104M
Long-Term Leases	-	-	-	17.95M	4.23M
Pension & Other Post Retirement Benefits	-	701K	2.08M	3.01M	11.57M
Other Non Current Liabilities	-	1	-	-1K	-
Total Liabilities	4.46M	99.49M	1.17B	1.35B	1.84B
Common Stock, Total	119M	219M	259M	261M	261M
Additional Paid In Capital	-	38.5M	273M	448M	448M
Retained Earnings	-12.3M	9.48M	90.61M	173M	304M
Comprehensive Income and Other	-	13.69M	1K	-224K	-245K
Total Common Equity	107M	281M	622M	882M	1.01B
Minority Interest	2.1M	-	-	-	-
Total Equity	109M	281M	622M	882M	1.01B
Total Liabilities And Equity	113M	381M	1.79B	2.23B	2.85B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	73.25M	219M	262M	262M	261M
ECS Total Common Shares Outstanding	73.25M	219M	262M	262M	261M
Book Value / Share	1.46	1.28	2.38	3.37	3.88
Tangible Book Value	107M	280M	621M	848M	968M
Tangible Book Value Per Share	1.46	1.28	2.37	3.24	3.71
Total Debt	0	0	0	143M	846M
Net Debt	-13.92M	-22.77M	-171M	30.97M	794M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	714K	2.12M	3.3M	5.76M
Debt Equivalent Oper. Leases	2.35M	25.25M	15.75M	3.93M	50.37M
Minority Interest, Total (Incl. Fin. Div)	2.1M	-	-	-	-
Equity Method Investments, Total	100K	-	-	-	-
Account Code - Inventory Valuation	3	6	6	6	6
Inventories - Raw Materials, Total	20.37M	70.07M	695M	654M	628M
Inventories - Work In Process, Total	-	3.18M	17.63M	18.28M	99.11M
Inventories - Finished Goods, Total	-	-	1.52M	15.14M	48.55M
Inventories - Others	-	-	1.28M	453K	455K
Land - (BS)	-	64.43M	122M	139M	139M
Buildings, Total	1.29M	65.65M	185M	208M	231M
Machinery, Total	2.92M	27.6M	82.27M	196M	233M
Full Time Employees	3	136	159	178	186

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	-9.15M	18.72M	84.77M	88.52M	134M
Depreciation & Amortization - CF	22.1K	6.22M	22.8M	48.16M	60.3M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	22.1K	6.22M	22.8M	48.16M	60.3M
Amortization of Deferred Charges, Total - (CF)	54.25K	111K	525K	1.33M	6.42M
(Gain) Loss From Sale Of Asset	-	-	-	-2.05M	-
Asset Writedown & Restructuring Costs	-	504	-	-	-
Other Operating Activities, Total	1.03M	-281K	12.13M	5.12M	95.06M
Change In Accounts Receivable	-1.04M	-27.89M	-29.63M	-103M	-503M
Change In Inventories	-20.37M	-52.88M	-643M	27.85M	-88.22M
Change In Accounts Payable	1.07M	91.4M	610M	-245M	135M
Change In Income Taxes	-	-	-1.52M	-18.26M	-
Change In Deferred Taxes	-	-	-	-	-
Change in Other Net Operating Assets	-21.4M	-35M	51.59M	14.19M	-467M
Cash from Operations	-49.79M	406K	108M	-183M	-628M
Capital Expenditure	-4.19M	-157M	-230M	-225M	-75.45M
Sale of Property, Plant, and Equipment	-	-	-	10.99M	-
Investment in Marketable and Equity Securities, Total	-	40M	-	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-4.19M	-117M	-230M	-214M	-75.45M
Short Term Debt Issued, Total	-	-	-	5.38M	732M
Long-Term Debt Issued, Total	-	-	-	138M	-
Total Debt Issued	-	-	-	143M	732M
Long-Term Debt Repaid, Total	-	-	-	-	-29.89M
Total Debt Repaid	-	-	-	-	-29.89M
Issuance of Common Stock	54.31M	153M	260M	177M	18K
Common Dividends Paid	-986K	-	-3.64M	-5.67M	-7.7M
Common & Preferred Stock Dividends Paid	-986K	-	-3.64M	-5.67M	-7.7M
Other Financing Activities, Total	14.27M	-27.27M	13.5M	24.58M	-52.68M
Cash from Financing	67.59M	125M	270M	339M	642M
Miscellaneous Cash Flow Adjustments	-	-1	-1K	-	1K
Net Change in Cash	13.6M	8.9M	148M	-58.46M	-61.12M
Supplemental Items
Cash Interest Paid	-	-	-	-	52.14M
Cash Income Tax Paid (Refund)	-	6M	24.5M	38M	22.53M
Levered Free Cash Flow	-51.14M	-160M	-33.06M	-216M	-870M
Unlevered Free Cash Flow	-51.1M	-160M	-32.92M	-210M	-844M
Change In Net Working Capital	41.32M	25.41M	-102M	122M	992M
Net Debt Issued / Repaid	-	-	-	143M	702M

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	-6.38	6.35	6.66	4.35	6.17
Return on Total Capital	-6.57	8.04	16.03	10.62	10.88
Return On Equity %	-10.65	9.6	18.76	11.77	14.18
Return on Common Equity	-10.87	9.65	18.76	11.77	14.18
Margin Analysis
Gross Profit Margin %	51.06	19.11	14.05	19.6	28.67
SG&A Margin	54.22	9.5	4.57	8.07	14.54
EBITDA Margin %	-446.49	7.95	7.51	7.67	9.5
EBITA Margin %	-447.58	6.37	6.28	5.86	7.8
EBIT Margin %	-447.58	6.37	6.28	5.86	7.8
Income From Continuing Operations Margin %	-453.4	4.76	4.59	3.7	4.18
Net Income Margin %	-451.42	4.76	4.59	3.7	4.18
Net Avail. For Common Margin %	-451.42	4.76	4.59	3.7	4.18
Normalized Net Income Margin	-278.87	3.94	4.11	3.42	3.87
Levered Free Cash Flow Margin	-2.52K	-40.7	-1.79	-9.02	-27.07
Unlevered Free Cash Flow Margin	-2.52K	-40.69	-1.78	-8.78	-26.25
Asset Turnover
Asset Turnover	0.02	1.59	1.7	1.19	1.26
Fixed Assets Turnover	0.97	4.99	7.18	5.58	6.49
Receivables Turnover (Average Receivables)	-	26.24	42.19	21.7	7.78
Inventory Turnover (Average Inventory)	-	6.8	4.02	2.74	3.13
Short Term Liquidity
Current Ratio	13.35	1.91	1.12	1.16	1.23
Quick Ratio	3.35	0.52	0.2	0.23	0.42
Operating Cash Flow to Current Liabilities	-11.16	0	0.09	-0.15	-0.36
Days Sales Outstanding (Average Receivables)	-	13.91	8.65	16.82	47.04
Days Outstanding Inventory (Average Inventory)	-	53.67	90.77	133.31	116.81
Average Days Payable Outstanding