42 slides from Wardwizard Innovations & Mobility's earnings presentation, Sep 15, 2025
Slide 1: BSE filing cover letter for investor presentation
REF: WIML/BSE/IP/SEPTEMBER-2025 Date: 15th September, 2025 To, Corporate Relations Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001 BSE Scrip Code: 538970 Script ID: WARDINMOBI Ref: Wardwizard Innovations & Mobility Limited (“Company”) Sub: Investor Presentation Dear Si
Slide 2: Wardwizard Innovations & Mobility Limited Investor Presentation
Wardwizard Innovations & Mobility Limited INVESTOR PRESENTATION August 2025 | Q1FY26 www.wardwizard.in 1
Slide 3: Safe Harbour Statement
Safe Harbour Statement This presentation and the accompanying slides (the Presentation), which have been prepared by Wardwizard Innovations & Mobility Limited (Wardwizard, The Company) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscr
Slide 4: Management Commentary
Management Commentary “ While Q1 marked a relatively modest start to the fiscal year, we have made strategic progress that strengthens our foundation for future growth. Our entry into the Fleet Segment is a significant milestone, marked by the 2,500-unit order from SpeedforceEV and a MoU with XiCon
Slide 5: The Future of Mobility is Electric
The Future of Mobility is Electric A Global Shift Towards Sustainable Transportation 4
Slide 6: Industry Overview: The Electric Vehicle (EV) Revolution
Industry Overview: The Electric Vehicle (EV) Revolution Increased EV Adoption Affordability & Accessibility EV adoption is growing rapidly worldwide, EV 2Ws provide a cost-effective alternative to due to environmental regulations and petrol, offering up to 70% operational savings sustainability goal
Slide 7: EV Sales Trend (Units)
Opportunity: Electrifying Growth Potential EV Sales Trend (Units) E-Bus 0.20% 0.40% E-Goods Carrier E-3W Pax L5 2,026,184 E-4W 1,757,109 8% 1% 1,248,886 E-3W Pax L5 8% 549,736 490,697 E-Cart 176,202 148,382 4% Vehicle Category- FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 Q1FY26 Wise Market E-2W Share
Slide 8: PM E-DRIVE Scheme: Accelerating India's EV Growth with Wardwizard
PM E-DRIVE Scheme: Accelerating India's EV Growth with Wardwizard The Ministry of Heavy Industry has introduced the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE), aiming to fast-track EV adoption and essential infrastructure Scheme Launch Implementation Focused Support
Slide 9: The Rise of EV Charging Infrastructure & Benefits of EV Adoption
The Rise of EV Charging Infrastructure & Benefits of EV Adoption EV Benefits Over ICE Vehicles Expanding Charging Network ▪ EVs offer significant savings on fuel and maintenance, benefiting consumers and reducing long-term operating costs ▪ Government support and policies are accelerating EV ▪ Lower
Slide 10: Expanding EV Adoption and Charging Infrastructure Solutions
Driving Forward: Expanding EV Adoption and Charging Infrastructure Solutions Top 15 Indian States by EV Penetration (%) & Key Highlights State-Wise Public Charging Stations (Till July 2025) Highest EV Share of total Tripura 15.9% Vehicle Sales J&K -185 Ladakh - 1 Delhi 11.5% Strong policy, multi-seg
Slide 11: Wardwizard's Positioning: Leading the Way
Wardwizard’s Positioning: Leading the Way Capitalizing on India’s EV Growth Potential With India’s EV market rapidly expanding, Wardwizard is strategically positioned to benefit from increasing demand for electric 2Ws and 3Ws, especially in Tier 2 and Tier 3 cities Pioneering Affordable & Sustainabl
Slide 12: Our Journey of Innovation and Success
Our Journey of Innovation and Success Milestones and Financial Strength Driving Our Future 11
Slide 13: Who We Are
Who We Are ▪ Wardwizard Innovations & Mobility is a leading electric vehicle manufacturer, dedicated to revolutionizing sustainable mobility with innovative, eco-friendly solutions Vision ▪ Pioneering in EV technology with a diversified portfolio across 2Ws, 3Ws, and upcoming segments, Wardwizard ai
Slide 14: Milestones on the Road to Success
Milestones on the Road to Success 2024 2026 • Received a USD 1.29 Bn Strategic MoU with XiCon 2018 2020 2022 International ltd. Established the Centre and order from Beulah Group. Launched first low Expansion into • Leasing order of 7,500 Wolf+ Global Sales Office under its Launched in December: spe
Slide 15: State of the Art Manufacturing Facility
State of the Art Manufacturing Facility Located Vadodara Gujarat and Deoghar, Jharkhand Close Proximity To The Vendors Spread Across 70,000 Sq Ft for 2Ws (Gujarat) Spread Across 40,000 Sq Ft for 3Ws (Gujarat) Spread Across 15,000 Sq Ft for 2Ws (Jharkhand) 1 Semi-automatic Assembly Line Annual Capaci
Slide 16: Growing Nationwide Distribution Network
Growing Nationwide Distribution Network 750+ Dealers 400+ Cities 19 States & Union Territories 1,25,000+ Satisfied Customers 10+ Branch Offices 200+ Service Centers 15
Slide 17: Empowering Mobility: Low-Speed Scooters
Empowering Mobility: Low-Speed Scooters MARKET SEGMENTATION Eco- No No Rural and Semi-Urban Terrains Friendly License Registration For 16 – 25 years old RANGE CHARGING TIME RANGE CHARGING TIME 55-60 Km 4 to 5 Hrs RANGE CHARGING TIME 55-60 Km 4 to 5 Hrs 55-60 Km 4 to 5 Hrs SECURITY SECURITY Anti-thef
Slide 18: Speed and Style: High-Speed Scooters
Speed and Style: High-Speed Scooters MARKET SEGMENTATION Urban, Hilly, and Rural Terrains For 18 – 60 years old RANGE CHARGING TIME RANGE CHARGING TIME 130 Km 5 Hrs RANGE CHARGING TIME 75 Km 4 to 5 Hrs 75 Km 4 to 5 Hrs TOP SPEED TOP SPEED 65 Km/ Hr TOP SPEED 55 Km/ Hr 55 Km/ Hr GEN NEXT NANU+ WOLF +
Slide 19: Newly Launched High-Speed Scooters Nemo
Speed and Style: Newly Launched High-Speed Scooters “Nemo” MARKET SEGMENTATION Urban, Hilly, and Rural Terrains For 18 – 60 years old RANGE CHARGING TIME 150 Km in Eco Mode 4 to 5 Hrs TOP SPEED 65 Km/ Hr Nemo (Gray) Nemo (White) 18
Slide 20: Efficient & Eco-Friendly: Eco Models Scooters
Efficient & Eco-Friendly: Eco Models Scooters MARKET SEGMENTATION Urban, Hilly, and Rural Terrains For 18 – 60 years old RANGE CHARGING TIME RANGE CHARGING TIME 90 Km 4 to 5 Hrs 90 Km 4 to 5 Hrs TOP SPEED TOP SPEED 46 Km/ Hr 46 Km/ Hr GEN NEXT NANU ECO WOLF ECO 19
Slide 21: Power Meets Innovation: Electric Bikes
Power Meets Innovation: Electric Bikes Top Speed 90 Km/Hr Drive Moto 5000 Watts Rated Torque 230 Nm 20
Slide 22: Eco-Driven Transit: Electric Rickshaws
Eco-Driven Transit: Electric Rickshaws Range Per Charge Capacity Max Speed 140 Km* 319 Kgs 50 Kmph Power ARAI Vehicle Warranty 6 Kw Approved Battery – 36 months Or 1.20 Lac kms Product – 12 months Joy E-Rik V1 (L5) Charging Time 4 to 4.5 hrs @50 Amp 21
Slide 23: Clean Community Transport: E-Carts & Waste
Clean Community Transport: E-Carts & Waste Range Per Charge Capacity Max Speed 80-100 Km* 310 Kgs 25 Kmph Power ARAI Vehicle Warranty 1.5 Kw Approved Battery – 36 months Product – 12 months Joy E- Cart Charging Time 5 to 6 hrs @18 Amp 22
Slide 24: 3-Wheeler Range Designed for Utility & Comfort
Driving the Future: 3-Wheeler Range Designed for Utility & Comfort RANGE CHARGING TIME RANGE CHARGING TIME 100-120 Kms 8 to 8.5 Hrs 100-120 Kms 8 to 8.5 Hrs TOP SPEED MAX POWER TOP SPEED MAX POWER 25Km/ Hr 1.59 Kw 25Km/ Hr 1.59 Kw PAY LOAD WARRANTY PAY LOAD WARRANTY 380 Kg 12 months on Product 310 K
Slide 25: Revolutionize Your Ride with Joy E-Connect
Revolutionize Your Ride with Joy E – Connect Take Control of Your Ride with Joy E-Connect: Smart, Secure, and Connected! 24
Slide 26: Quarterly Business Insights & Progress
Quarterly Business Insights & Progress ▪ Electric Two Wheeler Sales During the Q1FY26 ▪ Q1FY26: 3 Wheeler- 11 Units , 2 Wheeler-2592 Units ▪ Philippines Order Execution ▪ Successfully dispatched four additional customized electric three-wheelers to the Philippines for testing, ensuring their suitabi
Slide 27: Strategic MoUs & Collaborations in EV Expansion
Accelerating the Future: Strategic MoUs & Collaborations in EV Expansion ▪ Fleet Operations with Joy e-bike, Deployed 100 EVs in Hyderabad ▪ In collaboration with SpeedforcEV, deployed its first batch of 100 electric two-wheelers in Hyderabad. This initiative introduces a first-of-its-kind holistic
Slide 28: Leading the Future
Leading the Future Continuous Innovation and Growth 27
Slide 29: R&D Advancements and Certifications
Key Initiatives & R&D Focus for Future Growth Broadening Product Portfolio R&D Advancements and Certifications ▪ Upcoming models in 2Ws, 3Ws, and ▪ Application for DSIR recognition to meet evolving market demands to strengthen innovation credentials and enhance technical resources ▪ Actively forging
Slide 30: The Road Ahead – Strategic Priorities for Expansion
The Road Ahead – Strategic Priorities for Expansion Expanding Sales & Strategic Technological & Strengthening Investor Distribution Network Operational Collaboration Relations & Communication Target of 2,000 dealers and 250 district- Partnership with SpeedForcEV to deploy Commitment to transpa
Slide 31: Why Wardwizard?
Why Wardwizard ? A Compelling Investment in Sustainable Mobility 30
Slide 32: Investment Rationale: A Compelling Investment Opportunity
Investment Rationale: A Compelling Investment Opportunity 1 Pioneering EV Innovation • First movers in India’s electric two-wheeler market with advanced R&D and upcoming hydrogen-powered models. Expanding Product Portfolio 2 • Diverse offerings across electric scooters, bikes, and e-rickshaws with n
Slide 33: Annexure
wy ward Annexure #* wizard Innovations & Mobility Limited > =
Slide 34: Board of Directors
Board of Directors ▪ Mr. Gupte currently serves as Chairman and Managing Director for Wardwizard, and founded Wardwizard Group Mr. Yatin in 2016 Sanjay Gupte ▪ He has 15 years of experience working in sales & marketing, business development, client servicing, renewals, ``` and operations (including
Slide 35: Management Team
Management Team Mr. Deepak Doshi Ms. Jaya Ashok Bhardwaj Mr. Alok Jamdar Chief Financial Officer Company Secretary & Vice President of Compliance Officer Operations (Production) Mr. Akhtar Khatri Mr. Vineet Akre Director-Sales & Strategy– Sr. Vice President of (Domestic & International R&D & Product
Slide 36: Wardwizard Global PTE Ltd., Singapore
Wardwizard Global PTE Ltd., Singapore Wardwizard Global PTE Ltd, Singapore, a wholly owned subsidiary of Wardwizard Innovations & Mobility Ltd, was incorporated in August 2022. With a strong vision, this Global Research & Development Centre aims to become a Centre of Excellence dedicated to innovati
Slide 37: Engaging Marketing Techniques To Create Brand Awareness
Engaging Marketing Techniques To Create Brand Awareness ▪ Sparking a Green Revolution; #17Mein100 Campaign: Promoted the eco-friendly and cost-efficient Joy e-bike with social media creatives showing it can travel 100 km for just ₹17. The campaign focused on relatable scenarios, showcasing Joy e-bik
Slide 38: Strategic Marketing Approaches for Building Brand Awareness
Strategic Marketing Approaches for Building Brand Awareness Association with Flipkart and Amazon This strategic alliance aims to elevate brand visibility, enhance online visibility, and create a seamless omnichannel experience. Joy e-bike's electric scooters are now easily accessible on Flipkart, of
Slide 39: Awards & Accolades
Awards & Accolades Best Electric Vehicle Manufacturing CEO - Mr. Yatin Gupte by M & A Global Awards India's Impactful CEO The Economic Times Most Promising Business Leader Of Asia 2020 -2021 38
Slide 40: Awards & Accolades
Awards & Accolades Fastest Growing Brand 2023 by Asia One Joy e-bike has been awarded the Fastest Growing Brands 2023 by Asia One in the Electric Vehicle (EV) Category (Manufacturing). Prestigious Rising Brands of Asia 2023-24 Award Joy e-bike has been awarded at the Global Business Symposium (GBS),
Slide 41: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (₹ crores) Q1FY26 Q4FY25 Q1FY25 FY25 FY24 Revenue from Operations 32.27 109.07 51.41 304.94 321.42 Other Income 4.62 0.10 0.03 0.41 0.21 Total Income 36.89 109.17 51.44 305.35 321.63 Expenses Raw Material costs 22.32 56.46 33.32 191.91 240.52 Changes
Slide 42: Thank You
Innovation in Motion. Sustainability at Heart. Thank You Deepak Doshi Siddesh Chawan Ajit Mishra CFO, Wardwizard Innovations & Mobility Limited Investor Relations, Ernst & Young LLP Investor Relations, Ernst & Young LLP cfo@wardwizard.in siddesh.chawan@in.ey.com ajit.j.mishra@in.ey.com 41 41