Wardwizard Innovations & Mobility
10.80
-0.06(-0.55%)
Market Cap₹329.40 Cr
PE Ratio63.53
IndustryAutomobiles
Company Performance:
1D-0.55%
1M-8.01%
6M-44.33%
1Y-74.30%
5Y-72.48%
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More news about Wardwizard Innovations & Mobility
11Oct 25
Wardwizard Solutions Releases 15 Lakh Pledged Shares of Wardwizard Innovations & Mobility
Wardwizard Solutions India Private Limited has released 15,00,000 pledged shares of Wardwizard Innovations & Mobility following full repayment of financial obligations. The pledgee was Luharuka Media and Infra Ltd. This release reduced Wardwizard Solutions' encumbered shareholding from 20,72,926 (0.80%) to 5,72,926 (0.22%), while their total holding remains unchanged at 28,92,438 shares (1.11%). The transaction was disclosed in compliance with SEBI takeover regulations.
30Sept 25
Wardwizard Promoter Yatin Gupte Releases Pledge on 30 Lakh Shares After Loan Repayment
Yatin Sanjay Gupte, a promoter of Wardwizard Innovations & Mobility, has released the pledge on 30,00,000 equity shares following loan repayment. This reduces his encumbered shareholding from 15.77% to 14.62% of the total share capital. Gupte's total shareholding remains at 18.63%. The company's total equity share capital is Rs. 26,06,93,900.
25Sept 25
Wardwizard Innovations Announces Rights Issue to Fund USD 1.29 Billion Philippines EV Order
Wardwizard Innovations & Mobility Limited announces a rights issue to support the execution of a $30.60 million electric vehicle order from the Philippines. The order includes 4,500 units of electric two-wheelers, three-wheelers, and four-wheelers, to be delivered by June 2026. The company has already sent prototype vehicles for testing and is exploring additional funding options to fulfill the order. This move is part of Wardwizard's international expansion strategy in the Southeast Asian market.
15Sept 25
Wardwizard Innovations Reports Q1 Results, Expands EV Fleet Operations
Wardwizard Innovations & Mobility Limited reported Q1 revenue of ₹32.27 crores, down from ₹51.41 crores year-over-year, with a net profit of ₹1.12 crores. The company sold 2,592 electric two-wheelers and 11 three-wheelers. Strategic partnerships were formed with XiCon International for leasing 7,500 electric scooters, Ampvolts Limited for EV charging infrastructure, and C4V for battery technology development. Wardwizard also received an order for 2,500 Wolf+ electric scooters from SpeedforceEV and deployed 100 EVs in Hyderabad through its fleet operations model. The company is expanding internationally, with customized three-wheelers sent to the Philippines for testing.
15Sept 25
Wardwizard Innovations Promoter Yatin Gupte Files Revised Share Pledge Disclosures
Yatin Sanjay Gupte, promoter of Wardwizard Innovations & Mobility, has submitted revised disclosures for share pledges. The update includes three pledge transactions: 49 lakh shares to JJ Fincap Private Limited, 50 lakh shares to Yoginkumar Ashokbhai Patel, and 30 lakh shares to M/S. Comfort Fincap Limited. Post-transactions, Gupte's encumbered shares total 4.11 crore (15.77% of share capital), while shares with voting rights stand at 4.86 crore (18.63%). The company's total share capital remains 260,693,900 equity shares.
12Sept 25
Wardwizard Innovations Promoter Pledges 50 Lakh Shares as Collateral
Yatin Sanjay Gupte, a key promoter of Wardwizard Innovations & Mobility, has pledged 50,00,000 equity shares (1.92% of total share capital) to Yoginkumar Ashokbhai Patel. This increases Gupte's encumbered shareholding to 3,82,01,729 shares (14.65% of share capital). Gupte's overall promoter holding remains at 4,85,66,153 shares (18.63%). The pledge was made as collateral for financial assistance. Other promoter holdings include Wardwizard Solutions India Private Ltd (1.11%), Garuda Mart India Private Limited (7.46%), and Aevas Business Solutions Private Ltd (8.21%).
10Sept 25
Wardwizard Innovations Approves ₹487.5 Million Rights Issue
Wardwizard Innovations & Mobility Limited is offering a rights issue of 44.3 million shares valued at ₹487.5 million. The issue price is set at ₹11 per share, with a rights entitlement ratio of 17:100. The issue opens on September 26, 2025, and closes on October 7, 2025, with the record date set for September 19, 2025. The company has made arrangements with NSDL and CDSL for crediting Rights Entitlement to eligible shareholders' demat accounts.
08Sept 25
Wardwizard Innovations Promoter Pledges 49 Lakh Shares to JJ Fincap for Financial Assistance
Yatin Sanjay Gupte, promoter of Wardwizard Innovations & Mobility, has pledged 49,00,000 equity shares (1.88% of total share capital) to JJ Fincap Private Limited. This increases Gupte's encumbered shareholding from 10.86% to 12.74% of the company's total share capital. The pledge, executed on September 3, 2025, is to secure financial assistance under a credit facility agreement. Gupte's total shareholding in the company remains at 18.63%.
01Sept 25
Wardwizard Innovations & Mobility Approves Acquisition of Wardwizard Renewable Energy
Wardwizard Innovations & Mobility Limited (WIML) has approved the acquisition of Wardwizard Renewable Energy Private Limited (WREPL) as a wholly-owned subsidiary. WIML will purchase 100% of WREPL's unsubscribed share capital in a related party transaction. WREPL, incorporated on January 25, focuses on energy generation, transmission, and distribution but has not yet commenced operations. This acquisition aims to strengthen WIML's position in the sustainable energy sector, with plans to develop environmentally friendly solutions and promote green technologies.
28Aug 25
Wardwizard Innovations Promoter's Shares See Pledge Invocation and Release
Wardwizard Innovations & Mobility Limited reported changes in pledged shares of promoter Yatin Sanjay Gupte. Knab Finance Advisors invoked a pledge on 2,00,000 shares (0.08% of total capital) on August 18, 2025. Radhamani India released a pledge on 1,27,90,000 shares (4.91% of total capital) on August 21, 2025. Gupte's total shareholding now stands at 3,57,76,153 shares (13.72%), with 2,95,43,929 shares (11.33%) remaining encumbered. Other promoter group entities' holdings were also disclosed.
26Aug 25
Wardwizard Innovations Promoter Reports Significant Share Pledge Changes
Yatin Sanjay Gupte, promoter of Wardwizard Innovations & Mobility, reported substantial changes in pledged shareholdings. Knab Finance Advisors invoked 2,00,000 shares on August 18, while Radhamani India released 1,27,90,000 shares on August 21. Gupte's total shareholding now stands at 3,59,76,153 shares (13.80% of total share capital), with 2,97,43,929 shares (11.41%) remaining encumbered. Earlier in August, other pledge activities involved Bikewin Trading and Knab Finance Advisors. The promoter group holdings include Wardwizard Solutions India, Garuda Mart India, and Aevas Business Solutions.
25Aug 25
Wardwizard Promoter Yatin Gupte Revises Share Pledge Disclosure, Correcting Earlier Inconsistencies
Yatin Sanjay Gupte, promoter of Wardwizard Innovations & Mobility, submitted a revised disclosure on August 25, 2025, to correct inconsistencies in previously reported share encumbrance details. The revision addresses transactions from August 11-12, 2025, including a pledge release of 21,36,402 shares and a pledge invocation of 6,10,926 shares. Post-revision, Gupte's total shareholding is 3,59,76,153 (13.80%), with encumbered shares at 2,97,43,929 (11.41%). The correction ensures accurate information for investors and regulatory bodies regarding the promoter's shareholding and encumbrance status.
25Aug 25
Wardwizard Innovations Partners with Battery Smart for EV Swappable Battery Technology
Wardwizard Innovations & Mobility has formed a strategic partnership with Battery Smart to develop swappable battery technology for electric vehicles. This collaboration aims to advance EV infrastructure in India by addressing charging time and range anxiety issues. The technology allows quick battery exchanges, potentially reducing charging time, extending vehicle range, and lowering initial EV costs. This partnership could accelerate EV adoption, expand infrastructure, and drive technological innovation in the Indian EV market.
23Aug 25
Wardwizard Innovations Partners with Battery Smart to Revolutionize EV Market with Swappable Battery Technology
Wardwizard Innovations & Mobility Limited has partnered with Battery Smart to introduce swappable battery technology for electric two-wheelers. The collaboration aims to reduce EV costs by 20-30% through a 'battery-as-a-service' model, allowing customers to purchase Joy e-bikes without batteries and rent them on a pay-as-you-use basis. Battery Smart will set up swapping infrastructure across Joy e-bike dealerships, with nationwide rollout scheduled for January 2026. The partnership addresses key EV adoption challenges like high costs and range anxiety.
18Aug 25
Wardwizard Innovations: Promoter Yatin Gupte's Share Pledges Undergo Significant Changes
Wardwizard Innovations & Mobility's promoter, Yatin Sanjay Gupte, experienced substantial changes in pledged shares on August 11 and 12, 2025. 21,36,402 shares were released from Bikewin Trading Private Limited, while 6,10,926 shares were invoked by Knab Finance Advisors Private Limited. As a result, Gupte's total shareholding increased from 13.21% to 13.80%, while encumbered shares decreased from 11.64% to 10.59% of total equity. The company's total equity capital remains at Rs. 26,06,93,900.
06Aug 25
Wardwizard Innovations & Mobility Reports 15.47% YoY EBITDA Growth in Q1 FY2026
Wardwizard Innovations & Mobility Limited announced Q1 FY2026 results with consolidated EBITDA growth of 15.47% YoY to ₹86.47 crore, despite a 28.29% decline in total revenues. The company secured a 2,500-unit order from SpeedforceEV and signed an MoU with XiCon International for 7,500 electric scooter leases. Mr. Shaileshbha Ramoliya Nathabhai was appointed as Associate VP for 3W Factory Operations. Management expressed optimism for improved performance in upcoming quarters, citing the approaching festive season and strategic initiatives.
31Jul 25
Wardwizard Innovations Promoter Yatin Gupte's 3 Lakh Pledged Shares Invoked by KNAB Finance
KNAB Finance Advisors invoked 3,00,000 pledged equity shares of Wardwizard Innovations & Mobility Limited's promoter Yatin Sanjay Gupte on July 24, 2023. This reduced Gupte's shareholding from 13.33% to 13.21% and encumbered shares from 11.76% to 11.64%. The invocation was part of a Loan Against Securities facility agreement. The company's total equity share capital remains unchanged at Rs. 26,06,93,900.
29Jul 25
Wardwizard Innovations Promoter's 3 Lakh Shares Pledged to KNAB Finance
Yatin Sanjay Gupte, a key promoter of Wardwizard Innovations & Mobility Limited, reported the invocation of pledge on 3,00,000 equity shares by KNAB Finance Advisors Private Limited on July 24, 2025. This was part of a Loan Against Securities facility. Post-invocation, Gupte's total holding stands at 3,47,50,677 shares (13.33% of total share capital), with 3,03,54,855 shares (11.64%) encumbered. The invocation was to fulfill financial obligations under the credit facility agreement. Gupte has submitted the required disclosure to BSE and the company's board in compliance with SEBI regulations.
28May 25
Wardwizard Innovations & Mobility Inks MoU for 7,500 Electric Scooter Lease Deal
Wardwizard Innovations & Mobility has signed an MoU with Xicon International to lease 7,500 electric scooters. This strategic partnership aims to expand Wardwizard's presence in the EV market, potentially increasing its fleet deployment, revenue stream, and brand visibility. The move aligns with the growing trend of EV adoption in India and could pave the way for future growth opportunities in the EV leasing market.
02May 25
Wardwizard Innovations & Mobility Reports Mixed Q4 Results: Profit Up, Revenue Down
Wardwizard Innovations & Mobility, an EV industry player, released Q4 financial results showing increased profitability but decreased revenue. Net profit surged 51.64% year-over-year to ₹64.90 crore, while revenue declined 14.84% to ₹109.00 crore compared to the same quarter last year. The contrasting trends suggest improved operational efficiency amid potential market challenges.
01May 25
Wardwizard Innovations & Mobility Reports Strong Q4 FY25 Performance with 87% EBITDA Growth
Wardwizard Innovations & Mobility Limited announced its Q4 and FY25 results, showing improved profitability despite a slight revenue decline. Q4 FY25 saw revenue decrease by 14.86% to ₹109.07 crore, but EBITDA increased by 86.76% to ₹18.83 crore. The EBITDA margin expanded to 17.26%, and net profit rose by 62.21% to ₹6.45 crore. For FY25, annual revenue slightly decreased to ₹304.94 crore, while EBITDA increased by 13.88%. The company expanded its EV presence, launched new products, and formed strategic partnerships. A final dividend of ₹0.10 per share was recommended.
21Apr 25
Wardwizard Innovations & Mobility Slashes Prices on Joy E-bike Models by Up to ₹13,000
Wardwizard Innovations & Mobility has announced significant price reductions of up to ₹13,000 across its Joy E-bike models. This strategic move aims to increase market share, boost sales volume, and promote electric mobility in India. The price cut is expected to make electric two-wheelers more accessible to a wider range of consumers and could potentially influence pricing strategies across the electric vehicle industry.
18Apr 25
Wardwizard Innovations & Mobility Slashes Prices on Joy E-Bike Models by Up to ₹13,000
Wardwizard Innovations & Mobility Limited has announced significant price reductions across its Joy E-Bike models, cutting prices by up to ₹13,000 on selected models. The price reduction applies to several popular models including WOLF 31AH, GENNEXT 31AH, GEN NEXT NANU PLUS, WOLF PLUS, GEN NEXT NANU ECO, and WOLF ECO. This strategic move aims to make electric mobility more accessible and accelerate EV adoption in India. Wardwizard, operating under Joy e-bike and Joy e-rik brands, is expanding its reach beyond the current 400 cities across India.
27Mar 25
Wardwizard Innovations Accelerates EV Expansion with 400 Electric Two-Wheelers Deployment and Strategic Partnerships
Wardwizard Innovations & Mobility Limited is deploying 400 electric two-wheelers across Kolkata, Pune, and Ahmedabad, partnering with SpeedForcEV. The company is also entering the ride-hailing sector with 200 L5 passenger electric three-wheelers in Maharashtra. Wardwizard aims to deploy 5000 L5 Passenger electric three-wheelers in FY 25-26 across India. The company has partnered with AmpVolts to strengthen EV charging infrastructure. Promoters have initiated a fund infusion to support growth initiatives and enhance operational capabilities.
21Mar 25
Wardwizard Innovations & Mobility to Consider Convertible Loans in Upcoming Board Meeting
Wardwizard Innovations & Mobility Ltd has scheduled a board meeting for March 28, 2025, to discuss raising convertible loans, both secured and unsecured. The meeting will also address material related party transactions, postal ballot procedures, and the appointment of a scrutinizer. These decisions could potentially impact the company's financial structure and future funding strategies, particularly in the competitive electric vehicle market where Wardwizard operates with its 'Joy e-bike' brand.
11Mar 25
Wardwizard Innovations Bolsters Philippines EV Partnership with New Three-Wheeler Dispatch
Wardwizard Innovations & Mobility Limited has dispatched additional electric three-wheelers to the Philippines as part of its $1.29 billion partnership with Beulah International Development Corporation. The shipment includes four customized models: two passenger versions with different capacities, a face-to-face seating model, and a cargo/loader variant. These vehicles will undergo testing to ensure compliance with local standards. This follows the initial e-Trike model shipment in Q3 FY 2024-25. The partnership aims to modernize public transport in the Philippines with various electric vehicle types, including two-wheelers and commercial four-wheelers.
10Mar 25
Wardwizard Innovations Bolsters Philippines EV Partnership with New Three-Wheeler Shipment
Wardwizard Innovations & Mobility Limited has dispatched additional electric three-wheelers to the Philippines, advancing its $1.29 billion partnership with Beulah International Development Corporation. The shipment includes four customized models: a light urban commuter, a heavy version, a shared mobility solution, and a cargo/loader. These vehicles will undergo testing for compliance with local standards. This follows the initial e-Trike delivery in Q3 FY 2024-25, demonstrating progress in their partnership to modernize Philippine public transport with EVs.
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