Enclosed Financial Results for FY 2025-26
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Wardwizard Innovations & Mobility Ltd reported audited consolidated revenue of Rs. 24,690.23 lakhs for FY 2025-26, down from Rs. 30,494.22 lakhs in FY 2024-25 — a ~19% year-on-year decline. Consolidated PAT (continuing operations) fell to Rs. 188.76 lakhs from Rs. 635.71 lakhs, a ~70% drop. The standalone PAT was Rs. 195.49 lakhs vs Rs. 679.07 lakhs in the prior year. The auditors (VCA & Associates) issued an unmodified opinion on standalone results but included an Emphasis of Matter on a contingent liability of Rs. 12.36 crore related to a customs duty demand from Nhava Sheva Customs Authority (order passed Feb 2026, appeal filed Apr 2026). The consolidated subsidiary Wardwizard Global PTE LTD received a qualified report due to non-receipt of bank confirmations. Cash flow from operations improved significantly to positive Rs. 805.78 lakhs from negative Rs. 6,899.28 lakhs. The company also announced a fresh Rights Issue of up to Rs. 100 crores.
Sharp revenue and profit decline YoY, but operating cash flow has turned positive after prior year's large negative working capital outflows. A contingent customs liability of Rs. 12.36 crore adds regulatory risk. The planned Rs. 100 crore Rights Issue will dilute existing shareholders.