Wardwizard Healthcare returns to profit in Q4FY26

1 min read     Updated on 01 Jun 2026, 12:58 PM
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AI Summary

Wardwizard Healthcare Limited returned to profitability in Q4FY26 with a net profit of ₹33.77 lakh, a significant reversal from the net loss of ₹110.81 lakh in the same period last year. This turnaround was fueled by a surge in revenue from operations to ₹57.13 lakh from ₹11.29 lakh. For the full year FY26, the company reduced its net loss to ₹31.53 lakh from ₹271.33 lakh in FY25, while total income rose to ₹169.70 lakh. The board approved the audited standalone financial results on May 30, 2026, and the results were published in newspapers on June 1, 2026, under Regulation 47 of SEBI LODR Regulations.

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Wardwizard Healthcare Limited returned to profitability in the quarter ended March 31, 2026, reporting a net profit of ₹33.77 lakh compared to a net loss of ₹110.81 lakh in the same period last year. The turnaround was driven by a significant increase in revenue from operations, which surged to ₹57.13 lakh in Q4FY26 from ₹11.29 lakh in Q4FY25. For the full year FY26, the company narrowed its net loss to ₹31.53 lakh from ₹271.33 lakh in FY25, with total income rising to ₹169.70 lakh from ₹41.86 lakh.

The board approved the audited standalone financial results for the fourth quarter and financial year ended March 31, 2026, at a meeting held on May 30, 2026. M/s. Mahesh Udhwani & Associates, Chartered Accountants, audited the results and issued an unmodified opinion, confirming the financial statements give a true and fair view in conformity with applicable Indian accounting standards. The company stated it is not identified as a "Large Corporate" as on March 31, 2026, and reported nil outstanding qualified borrowings.

Financial Performance Summary

Particulars Q4FY26 (₹ in Lacs) Q4FY25 (₹ in Lacs) FY26 (₹ in Lacs) FY25 (₹ in Lacs)
Revenue from Operations 57.13 11.29 84.41 41.70
Total Income 88.78 11.29 169.70 41.86
Total Expenses 57.13 126.11 192.20 324.35
Net Profit/(Loss) 33.77 (110.81) (31.53) (271.33)
Basic EPS (₹) 14.08 (45.23) (11.55) (110.75)

Earnings per share (EPS) for continuing operations improved to ₹14.08 in Q4FY26 from a negative ₹45.23 in the prior year quarter. Total assets as of March 31, 2026, stood at ₹103.84 lakh, compared to ₹874.11 lakh in the previous year. The board meeting commenced at 9:00 P.M. and concluded at 10:05 P.M. on May 30, 2026.

Pursuant to Regulation 47 and Regulation 30 of SEBI (LODR) Regulations, 2015, the company intimated the newspaper publication of the audited standalone financial results for the fourth quarter and year ended March 31, 2026. The results were published on June 1, 2026, in the Financial Express (Mumbai and Ahmedabad editions) and Pratahkal (Mumbai edition). The full results are available on the company's website at www.ayokimercantile.com .

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE048E01013/d49ea2d7-a6b2-4296-b3dc-e5ce420509d3.pdf

Historical Stock Returns for Wardwizard Healthcare

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%0.0%+4.98%+97.47%+139.89%

What specific operational strategies drove the five-fold revenue surge in Q4, and are these growth rates sustainable?

How does the company plan to bridge the remaining gap to achieve full-year profitability in FY27?

What are the primary factors behind the significant reduction in total expenses during the fiscal year?

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Wardwizard Healthcare appoints Harshita Kharva as CFO

1 min read     Updated on 31 May 2026, 01:40 AM
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Wardwizard Healthcare Limited has appointed Ms. Harshita Kharva as its Chief Financial Officer and Key Managerial Personnel, effective May 30, 2026. The Board approved the appointment based on the recommendations of the Audit Committee and Nomination and Remuneration Committee. Ms. Kharva is a qualified Chartered Accountant with experience in audit, taxation, and financial reporting.

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Wardwizard Healthcare Limited has strengthened its leadership team by appointing Ms. Harshita Kharva as its Chief Financial Officer (CFO), effective May 30, 2026. The decision, approved by the Board based on the recommendations of the Audit Committee and Nomination and Remuneration Committee, designates her as a Key Managerial Personnel (KMP) of the company. This strategic move aims to bolster the company's financial oversight and compliance framework.

Ms. Kharva is a qualified Chartered Accountant holding membership number 641390 with the Institute of Chartered Accountants of India (ICAI). Her appointment follows the disclosure requirements mandated by Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has made the detailed information available on its website and submitted the necessary filings to BSE Limited.

The new CFO brings extensive experience in financial reporting, GST, and income tax matters. Her professional background includes significant work in audit and assurance, having conducted statutory and tax audits for both listed and unlisted entities. She has handled audits for diverse sectors, including pharmaceuticals, chemicals, manufacturing, and multinational corporations involved in turbines and generators.

Professional Background

Ms. Kharva's expertise covers a broad spectrum of financial functions:

  • Audit and Assurance: Conducted statutory audits for private limited companies with turnovers exceeding Rs. 100 Crore, alongside tax audits for various firms.
  • Direct Taxation: Prepared income computations and filed quarterly TDS returns in compliance with the Income Tax Act.
  • Consolidation: Experience in preparing consolidated financial statements for a state government power generation company with six subsidiaries.
  • Compliance: Proficient in monitoring statutory compliances related to TDS, GST, PF, PT, and ESIC.

The appointment details were formally communicated to the stock exchange on May 30, 2026. Rajbala Kiroriwal, Company Secretary and Compliance Officer of Wardwizard Healthcare Limited, confirmed the development in the regulatory filing.

Historical Stock Returns for Wardwizard Healthcare

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%0.0%+4.98%+97.47%+139.89%

How will Ms. Kharva's background in manufacturing and pharmaceutical audits influence Wardwizard Healthcare's financial strategy?

What specific financial targets or efficiency improvements does the company expect to achieve under the new CFO's leadership?

Will this leadership change lead to any revisions in the company's compliance framework or internal control mechanisms?

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