Wonder Electricals has re-appointed its statutory audit partners for the upcoming fiscal year, ensuring continuity in compliance and governance oversight. The Board of Directors approved the re-appointments during a meeting held on August 12, 2026, covering both cost auditing and internal auditing functions for FY 2026-27.

The company filed the intimation with the National Stock Exchange of India Limited (NSE) and BSE Limited pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This disclosure aligns with Schedule III of the Listing Regulations, mandating timely communication of material events to market participants.

Auditor Appointments

Wonder Electricals retained two firms for their respective roles:

M/s. Ajay Kumar Singh & Co., established in 2012, holds registration number 000386. The firm is led by Mr. Ajay Kumar Singh (FCMA, Membership No. 30778) and Mr. Rahul Anand (FCMA, Membership No. 30931). Their expertise includes cost audit and assurance services, indirect tax case preparation, stock audits, and transfer pricing agreements.

M/s. Mukul Gupta & Co., formed in 2016, holds registration number 030326N. The firm is founded by Mr. Mukul Gupta (ACA, Membership No. 540429). Its work profile encompasses statutory audits, tax audits, internal audits, GST audits, and corporate governance implementation. The firm also provides management consultancy services and IPO consultation.

Compliance and Disclosure

The filing confirms that there are no disclosed relationships between the directors of Wonder Electricals and the appointed audit firms, satisfying independence requirements under regulatory frameworks. Both firms have declared "Not Applicable" regarding any such relationships in their respective annexures.

Dhruv Kumar Jha, Company Secretary & Compliance Officer of Wonder Electricals, signed the disclosure on August 12, 2026. The company operates four manufacturing plants located in Roorkee (Uttarakhand), Hyderabad (Telangana), and Haridwar (Uttarakhand), each subject to these auditing mandates.

This re-appointment ensures uninterrupted audit coverage for the company’s manufacturing operations across multiple states, maintaining adherence to statutory cost accounting standards and internal control evaluations for the fiscal year beginning April 1, 2026.

Wonder Electricals reported a sharp rise in profitability for the first quarter of FY27, with standalone net profit after tax (PAT) reaching ₹403.66 lakh, compared to ₹110.68 lakh in the corresponding period of the previous year. The company also posted EBITDA of 90M rupees, up from 51M rupees in the year-ago period, with EBITDA margin expanding to 3.86% from 3.3%. The surge was underpinned by robust revenue growth and improved operational efficiency, signaling a strong start to the financial year for the electrical goods manufacturer.

The Board of Directors approved the unaudited standalone and consolidated financial results during a meeting held on August 12, 2026, in compliance with Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Statutory auditors Tanuj Garg & Associates issued an unqualified limited review report on the financial statements, confirming adherence to Ind AS standards.

Financial Performance Highlights

Revenue from operations climbed to ₹23,364.48 lakh in Q1FY27, up from ₹15,473.88 lakh in Q1FY26. Total revenue, including other income, stood at ₹23,364.63 lakh. On a consolidated basis, revenue from operations was ₹23,355.56 lakh, with total revenue at ₹23,355.70 lakh. Consolidated PAT for the quarter was ₹397.01 lakh, reflecting a similar upward trajectory to the standalone figures.

Operating expenses were managed effectively, with total expenses standing at ₹22,842.68 lakh on a standalone basis. Cost of materials consumed accounted for ₹20,542.87 lakh, while employee benefit expenses were ₹1,244.98 lakh. Financial costs decreased slightly to ₹175.15 lakh from ₹190.91 lakh in the prior year quarter.

EBITDA and Margin Performance

The company's operating performance showed meaningful improvement, with EBITDA rising to 90M rupees from 51M rupees in the year-ago quarter. EBITDA margin expanded to 3.86% from 3.3% year-on-year, reflecting better cost absorption and operational leverage during the period.

Subsidiary Operations

The consolidated results include Integrated Motion & Control LLP, a subsidiary established on April 2, 2025, in which Wonder Electricals holds a 51% stake. The subsidiary commenced operations at its SIDCUL, Haridwar manufacturing unit during the current year, producing PCB cards for ceiling fans and other electronic products. For Q1FY27, the subsidiary reported total revenues of ₹47.50 lakh and a net loss of ₹6.68 lakh. These figures were certified by management but not reviewed by auditors, as deemed immaterial to the group per Regulation 33(8).

What the Numbers Show

The most notable aspect of Q1FY27 performance is the disproportionate growth in net profit relative to revenue. While revenue increased by approximately 51% year-on-year, net profit surged by over 265%. This divergence suggests significant operational leverage or margin expansion, potentially driven by favorable inventory adjustments (accretion of ₹155.00 lakh) and controlled administrative expenses. The basic earnings per share rose to ₹0.30 from ₹0.08 in the previous year, directly benefiting shareholders.