Enclosed herewith Annual Report for F.Y 2024-25 of Wardwizard Innovations & Mobility Limited
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Wardwizard Innovations & Mobility Ltd has submitted its Annual Report for FY 2024-25 to BSE, along with the notice for its 43rd Annual General Meeting scheduled for September 30, 2025 via video conferencing. The report highlights FY24 revenue of ₹31,731.43 lakhs, marking a 32.81% increase over FY23, along with new EV model launches in the three-wheeler segment and strengthened ESG initiatives. Key strategic developments include a landmark US$1.29 billion order from Beulah International Development Corporation for the Philippines market, a Joint Venture letter of intent from Saudi Arabia, and an MoU with C4V (USA) for lithium-ion battery cell co-development. The company also signed a ₹2,000 crore MoU with the Government of Gujarat for an EV Ancillary Cluster and expanded its distribution to 750+ dealers across 400+ cities.
Routine annual compliance filing, but the report showcases strong international expansion (Philippines, Saudi Arabia) and large order pipeline that could boost long-term revenue visibility. Investors should watch the AGM on September 30 for management commentary on FY25 financials and execution of the US$1.29 billion Philippines order.