Wardwizard Innovations & Mobility Ltd. · BSE:WARDINMOBI
Wardwizard Innovations & Mobility — Q3 FY23 Earnings Presentation
41 slides from Wardwizard Innovations & Mobility's earnings presentation, Apr 14, 2023
Slide 1: BSE Investor Presentation Cover Letter
Innovations & Mobility Limited An ISO 9001: 2015 Company REF: WIML/BSE/IP/APRIL-2023 Date: 14th April, 2023 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 Limi
Slide 2: Wardwizard Innovations & Mobility Limited Investor Presentation Q3 FY23
Wardwizard Innovations & Mobility Limited Investor Presentation Q3 FY23
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 subs
Slide 4: Company Overview
wy ward 4k wizard Innovations & Mobility Limited Company Overview
Slide 5: Ward Wizard @ Glance
Ward Wizard @ Glance Wardwizard Innovations & Mobility Limited (Wardwizard, The Company) is a prominent manufacturer of Electric Two-wheeler Vehicles in India, operating under the brand name Joy e-bike. The Company has one of the broadest product lines of any EVscooters and motorcycle company With a
Slide 6: Our Journey
Our Journey New plant introduced automation and Launched increased the production capacity to 2 Monster Bike lakhs per annum in a single shift March Inception of EV 2016 operations October November 2019 2021 Object and name change procedure of the 1st Keynote Event Wardwizard December company done a
Slide 7: State of the Art Manufacturing Facility
State of the Art Manufacturing Facility Located Vadodara Gujrat Close Proximity To The Vendors Spread Across 70,000 Sq Ft 1 Semi-automatic Assembly Lines Annual Capacity Single Shift 1,20,000 Units PA for 2 wheeler and 3 wheeler A Vehicle Is Produced Every 150 Seconds After First Vehicle Is Complete
Slide 8: Awards & Accolades
Awards & Accolades Investor Presentation 7
Slide 9: Management Overview
Management Overview
Slide 10: Management Team
Management Team Yatin Sanjay Gupte Deepak Doshi Ravidran Nambiar Jaya Ashok Bhardwaj Chairman & Chief Financial Officer President of Company Secretary Managing Director International Business Compliance Officer o Mr. Gupte currently serves as o Mr. Doshi currently serves as o Mr. Nambiar currently s
Slide 11: Management Team
Management Team Vineet Akre Alok Jamdar VILAS PATURKAR Sr. Vice President of Vice President Operations 3 Wheeler head R&D & Production (Production) o Mr. Akre currently serves as Senior o Mr. Jamdar currently serves as o Mr. Vilas is a competent Vice President of R&D and Vice President of Production
Slide 12: Board of Directors
Board of Directors Avishek Kumar Sheetal Mandar Yatin Sanjay Gupte Sanjay Mahadev Gupte Non Executive – Bhalerao Chairman & Managing Executive – Non Independent Director Non-Executive – Non- Director Independent Director Independent Director o Mr. Gupte currently serves as o Mr. Kumar currently serv
Slide 13: Board of Directors
Board of Directors Bhargav Mukeshkumar Neelambari Harshal Govindprasad Pandya Bapulal Kaka Bhujbal Non Executive – Non Executive – Non Executive – Independent Director Independent Director Independent Director o Mr. Pandya currently serves as o Mr. Kaka currently serves as Non- o Ms. Bhujbal current
Slide 14: Company Overview
wy ward 4k wizard Innovations & Mobility Limited Company Overview
Slide 15: Product Portfolio
Product Portfolio Low-Speed E-Scooters High-Speed E-Scooters GEN NEXT GLOB GEN NEXT+ WOLF ECO DELGO WOLF WOLF+ GEN NEXT ECO Electric Motorcycles HURRICANE E-MONSTER THUNDERBOLT MONSTER BEAST Having Presence Across the EV Two Wheeler Value Chain Investor Presentation 14
Slide 16: Product Portfolio Presence Across The Value Chain
Product Portfolio Presence Across The Value Chain Segment Models Performance Registration Market Segmentation Rural and Semi-Urban Low-Speed Electric Wolf Gen Next Nanu Low Speed Not Required Terrains Scooters Glob 16 – 25 years old High-Speed Electric E-Monster Beast Thunderbolt Hilly Terrains High
Slide 17: New Launches At Auto Expo 2023 - MIHOS
New Launches At Auto Expo 2023 - MIHOS MIHOS: It is designed and developed with Poly Battery DiCycloPentadiene (PDCPD) for Range Capacity additional durability and *130Km 74 V flexibility to absorb maximum impact on the road. The new-age-high-speed electric scooter further comes with smart and Intel
Slide 18: New Launches At Auto Expo 2023 - E-RIK
New Launches At Auto Expo 2023 - E-RIK Joy E-Rik falls under L5 passenger category. The three wheeler is designed and developed by the R&D team with prime focus on Max Speed promoting localization and “Make 50 -55 Kmph In India” initiative. Range 80-85 Km The vehicle is much more spacious (Without L
Slide 19: 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! Investor Presentation 18
Slide 20: Increasing Dealer Network
Increasing Dealer Network State Urban Area Rural Area Total Gujarat 44 137 181 Maharashtra 48 78 126 Rajasthan 37 47 84 Madhya Pradesh 23 57 80 750+ Chhattisgarh 9 10 19 Dealers Delhi/Haryana 47 29 76 Uttar Pradesh 50 39 89 Bihar/Jharkhand 23 28 51 Odisha 3 16 19 Presence In 50 + Cities In West Beng
Slide 21: Company Owned Retail Outlets
Company Owned Retail Outlets Joy e-bike Exclusive Showroom are present 25+ different locations Investor Presentation 20
Slide 22: Engaging Marketing Techniques To Create Brand Awareness
Engaging Marketing Techniques To Create Brand Awareness At Auto Expo 2023 Investor Presentation 21
Slide 23: Engaging Marketing Techniques To Create Brand Awareness
Engaging Marketing Techniques To Create Brand Awareness Marketing in Indian Railways Investor Presentation 22
Slide 24: Industry Overview
wy ward 4k wizard Innovations & Mobility Limited Industry Overview
Slide 25: EV Mobility Market Overview & Government Initiative In India
EV Mobility Market Overview & Government Initiative In India The Indian government has planned US$ 3.5 billion in Investment flow into EV start- incentives over a five-year The EV market in India is ups in 2021 touched an all- period until 2026 under a estimated to reach Rs. 50,000 time high, increa
Slide 26: EV Mobility Market Overview & Government Initiative In India
EV Mobility Market Overview & Government Initiative In India The Indian government is There is a need to set up proper Mahindra & Mahindra has tied working to create an integrated charging infrastructure for EVs up with three electric vehicle EV mobility ecosystem with a in India, and various public
Slide 27: Multi-Dimensional Growth Opportunity
Multi-Dimensional Growth Opportunity Macro Level Secular global shift towards electric vehicles India currently ranks among the smallest electric vehicle markets, but is also one of the fastest growing Micro Level Differentiated product portfolio with unparalleled distribution capabilities in rural
Slide 28: India's Electric Vehicle Market: Small but Mighty in Growth!
India's Electric Vehicle Market: Small but Mighty in Growth! Global Warming Indiaisamongthemost pollutedcountriesinth Growth in eworld;rankedfifthinw Domestic orld’stoppollutedcount Pollution ries Globaltemperatureisris 97%oftheoverallvehicle ingeveryyear;19outofth salesinthelastfiveyear e20warmesty
Slide 29: State Government Incentives To Promote EV Adoption
State Government Incentives To Promote EV Addoption State Gujarat and Delhi Kerala Maharashtra Manipur Odisha Assam Demand Generation Incentive: Up to ₹ 5,000/kWh up to ₹ 10,000/kWh up to ₹ 30,000 ₹ 10,000 for the first 2 Wheeler ₹ 10,000/kWh -- ₹ 1,50,000 for the first 15% up to ₹ 5,000 Purchase In
Slide 30: Growing Electric Vehicle Sales In India
Growing Electric Vehicle Sales In India EV 2 Wheelers EV 3 Wheelers EV Commercial Vehicles EV Personal Vehicles In Nos 2,31,338 FY20 – FY22 CAGR by Segment Electric 2 Wheelers 205% 1,77,874 Electric 3 Wheelers 12% Electric Commercial Vehicles 111% Electric Personal Vehicles 179% 1,40,684 88,391 2-wh
Slide 31: Electric Vehicles Are Becoming More Compelling
Electric Vehicles Are Becoming More Compelling Electric Vehicles vs. Internal Combustion Engines (ICE) EVs Are Simpler: EVs Are More Powerful: EVs Have Begun to Make Economic EVs have fewer components and live 3.5 EVs can offer full torque at zero RPM, Sense: times longer than ICE vehicles whereas I
Slide 32: The Way Forward
The Way Forward
Slide 33: Future Growth Drivers
Future Growth Drivers Strengthening Position In Key To Have PAN India Presence Markets Double Dealership Network Develop India’s First EV Cluster New Product Launches Improve Margins Capacity Expansion Exploring Export Opportunities Investor Presentation 32
Slide 34: EV – Ancillary Cluster
EV – Ancillary Cluster Acquired a 4 million sq. The cluster will consist Signed MoU with The cluster will generate Manufacturing partners ft property for the of a R&D center and a Gujarat Government for employment of about will be invited to co- cluster production center for the investment of ₹ 500
Slide 35: Financial Overview
wy ward 4k wizard Innovations & Mobility Limited Financial Overview
Slide 36: Q3 & 9M FY23 Result Highlights
Q3 & 9M FY23 Result Highlights In ₹ Cr Particulars Q3 FY23 Q3 FY22 Y-O-Y % 9M FY23 9M FY22 Y-O-Y% In Nos Q3 Sales Volume Net Sales 69.83 58.11 188.38 103.07 13,778 Other Income 0.00 0.19 0.15 0.28 10,005 Total Income 69.83 58.30 19.78% 188.53 103.35 82.42% Expenses Raw Material costs 55.45 50.06 155
Slide 37: Key Financial Highlights
Key Financial Highlights In ₹ In % In % EPS Book Value ROE ROCE 2.38 13.63 19.52 1.28 6.62 8.79 0.35 0.10 FY21 FY22 FY21 FY22 FY21 FY22 Cash Flow From Operation In ₹ Cr In Times Asset Turnover ratio In Times Current Ratio 10.84 1.80 5.10 1.08 2.54 0.04 FY21 FY22 FY21 FY22 FY21 FY22 Investor Presenta
Slide 38: Profit & Loss Statement
Profit & Loss Statement In ₹ Cr Particulars FY 21 FY 22 In ₹ Cr Revenue 184.56 Revenues 39.32 184.56 Other Income 0.05 0.58 Total Income 39.36 185.14 Raw Material Costs 31.83 158.54 Employee Costs 3.02 6.13 39.32 Other Expenses 1.41 5.99 Total Expenditure 36.26 170.66 FY 21 FY 22 EBITDA 3.10 14.48 I
Slide 39: Balance Sheet
Balance Sheet In ₹ Cr Equities & Liabilities FY21 FY22 Assets FY21 FY22 Equity 21.94 25.92 Non Current Assets Reserves 6.17 36.32 Fixed Assets 15.46 36.18 Net Worth 28.11 62.24 Other Non Current Financial Assets 3.82 2.96 Non Current Liabilities Other Non Current Assets -0.03 9.75 (Including DTA) Lo
Slide 40: Annexures
Annexures Stock Information Shareholding Pattern As on 31-03-2023 As on 31-12-2022 BSE Code 538970 ISIN INE945P01024 Share Price (₹) 51.80 Market Capitalization (₹ Cr) 1,340.96 No. of Shares Outstanding 26,20,52,303 29.81 Face Value (₹) 1.00 52 Week High (₹) 85.50 52 Week Low (₹) 47.80 Corporate Act
Slide 41: Thank You
Mr. Deepak Doshi Chief Financial Officer Thank You Survey No. 26/2, Opp. Pooja Farm, Sigma College Road, Hanumanpura, Ajwa Road, Vadodara – 390019 (Gujarat) Email: cfo@wardwizard.in Website: www.wardwizard.in 713-B, Lodha Supremus II, Wagle Estate, Thane West – 400 604. Email: info@kirinadvisors.com
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