Wardwizard Innovations & Mobility Ltd. · BSE:WARDINMOBI
Wardwizard Innovations & Mobility — Q1 FY25 Earnings Presentation
71 slides from Wardwizard Innovations & Mobility's earnings presentation, Aug 21, 2024
Slide 1: BSE filing cover letter for investor presentation
REF: WIML/BSE/IP/AUGUST-2024 st Date: 21 August, 2024 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 Sir/Mad
Slide 2: Wardwizard Innovations & Mobility Limited Investor Presentation Q1 FY25
Wardwizard Innovations & Mobility Limited Investor Presentation Q1 FY25
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: Company Overview
Company Overview 3
Slide 5: Wardwizard @ Glance
Wardwizard @ Glance Wardwizard Innovations & Mobility Limited (Wardwizard, The Company) is a prominent manufacturer of Electric Two-wheeler and Three-wheeler Vehicles in India, operating under the brand names Joy e-bike and Joy e-rik. The Company boasts one of the broadest product lines of any EV sc
Slide 6: Our Journey
Our Journey Inception of Wardwizard under the leadership of Mr. Yatin Gupte (MD & Chairman) Mar 2016 Joy E-Bike's 1'' Low Speed Oct 2018 E-Scooter Launch named ‘Joy E-Bike Butterfly’ Launch of E-Monster Bike Tentry in E2W June 2020 with High-speed category Wardwizard partners with Rannvijay Singha a
Slide 7: Our Journey
Our Journey Wardwizard's Onlook 2022: Showcasing current achievements and future plans. High-speed scooters Wolf+ and Gen Next Nanu launched, transforming e-mobility with advanced 'Made in India' tech. Feb 2022 International Brand Positioning Sponsored India vs Ireland T20 June 2022 Series known as
Slide 8: Our Journey
Our Journey Wardwizard displays its entire range of electric two & three wheelers at the 4th edition of Green Vehicle Expo in Bengaluru June 2023 Joy e-Bike expands with 12 new Distributor Showrooms across 7 Indian states. Partners with Gramin Sevikas and UNDP to donate 200 electric two- July 2023 w
Slide 9: State of the Art Manufacturing Facility
State of the Art Manufacturing Facility Located Vadodara Gujarat Close Proximity To The Vendors Spread Across 70,000 Sq Ft for 2 Wheeler Spread Across 40,000 Sq Ft for 3 Wheeler 1 Semi-automatic Assembly Line Annual Capacity Single Shift 1,20,000 Units PA for 2 wheeler A 2 wheeler Is Produced Every
Slide 10: 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 9
Slide 11: Awards & Accolades
Awards & Accolades Fastest Growing Brand 2023 by Asia Prestigious Rising Brands of Asia Mr. Yatin Gupte, and his vision got covered as a One 2023-24 Award Brand Connect Advertorial by Forbes India in the December edition, themed "Rich List"! Joy e-bike has been awarded the Fastest Joy e-bike has bee
Slide 12: Business Overview
Business Overview 11
Slide 13: MIHOS
MIHOS For More Details Range *130Km MIHOS: It is designed and developed with Poly DiCycloPentadiene (PDCPD) for additional Battery Capacity durability and flexibility to 74 V Jet Black Glossy Matte White absorb maximum impact on the road. The new-age high-speed IP6 electric scooter further comes Wat
Slide 14: Product Portfolio: Electric Motorcycles
Product Portfolio Electric Motorcycles THUNDERBOLT HURRICANE Thunderbolt superbike hits 90km/hr. speeds, Like a storm that glides effortlessly igniting passion. With a 200mm ground through the city lights Hurricane is clearance and advanced hydraulic suspension, the superbike with range of 100km it
Slide 15: Product Portfolio: High-Speed E-Scooters
Product Portfolio High-Speed E-Scooters WOLF ECO Eco-friendly ride reaching 46 km/h, with a WOLF+ 90 km range per full charge. Features hydraulic suspension and a 5-5.5 hour Wolf+ EScooter: Family-friendly with ample leg charge time. Supports 140 kg load. space. IoT-enabled via Joy EConnect, offerin
Slide 16: Product Portfolio: Low-Speed E-Scooters
Product Portfolio Low-Speed E-Scooters GEN NEXT NANU With a 60V 24Ah detachable Lithium-Ion battery and a 250W DC hub motor, achieve speeds of 25 kmph, handle up to 140kg, GLOB and tackle 7° inclines. Enjoy 70 km on a full Glob is available in black and rose gold. Lithium- charge and smooth rides th
Slide 17: 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! 16
Slide 18: E-RIK
E-RIK For More Details Max Speed 50 -55 Kmph Standard Charging Time 3.5 - 4Hours @30 Amp Fast Charging Time Joy E-Rik falls under L5 2.5 Hours @ 40 Amp passenger category. The Battery three wheeler is designed Capacity and developed by the R&D 65 V team with prime focus on promoting localization and
Slide 19: New Launches – E-Cart
New Launches – E-Cart E-Cart / Garbage Range Per Charge Capacity Max Speed 150-160 Km 310 Kgs 25 Kmph Power ARAI Vehicle Warranty 1.5 Kw Approved Battery – 36 months Product – 12 months 18
Slide 20: New Launches in Q1
New Launches in Q1 IOT Smart features 1 4 IP 67 Rated Battery Pack Regenerative Braking 2 5 Digital Cluster Max Speed 25 Kmph 3 6 Combi Drum Break Front & Rear 19
Slide 21: New Launches – E-Loader
New Launches – E-Loader IOT Smart features 1 4 IP 67 Rated Battery Pack Regenerative Braking 2 5 Digital Cluster Max Speed 50 Kmph 3 6 Combi Drum Break Front & Rear 20
Slide 22: 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 23: The Newly Developed GAJA Cells
The Newly Developed GAJA Cells At Wardwizard Global PTE. Ltd., we are constantly conducting Research and Development on Lithium-ion (Li-ion) cells, a critical component of modern energy storage solutions, powering a wide array of e-mobility applications. Wardwizard Global PTE. Ltd. and A&S Power hav
Slide 24: 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 25: Increasing Dealer Network
Increasing Dealer Network 24
Slide 26: 25+ Company Owned Retail Outlets
Company Owned Retail Outlets Joy e-bike Exclusive Showrooms are present 25+ different locations 25
Slide 27: Management Overview
Management Overview (as on 21.08.2024) 26
Slide 28: Board of Directors
Board of Directors o Mr. Gupte currently serves as Chairman and Managing Director for Wardwizard, and founded and Wardwizard Group in 2016 Mr. Yatin Sanjay Gupte o He has 15 years of experience working in sales & marketing, business development, client servicing, renewals, and operations Chairman &
Slide 29: Board of Directors
Board of Directors o He has academic qualifications in M.V.Sc (Master of Veterinary Science), LLB and Post Graduate Diploma in Alternate Dispute Dr. John Joseph Resolution. Non-Executive o He has more than 39(Thirty Nine) years of experience in the field of Central Excise and Customs and retired as
Slide 30: Key Managerial Personnel
Key Managerial Personnel Ms. Jaya Ashok Bhardwaj Mr. Deepak Doshi Company Secretary & Chief Financial Officer Compliance Officer o Mr. Doshi currently serves as Chief Financial o Ms. Bhardwaj currently serves as Company Officer for Wardwizard. Secretary and Compliance Officer for Wardwizard o Prior
Slide 31: Senior Management
Senior Management o Mr. Sanjay Sablok was appointed in Board Meeting Held on 04th August, 2023 o He is a seasoned professional in operations and manufacturing. Mr. Sanjay Kumar Sablok o With a background in Mechanical Engineering and a remarkable career, he has led the establishment of key greenfiel
Slide 32: Senior Management
Senior Management o Mr Akhtar has 25+ years of experience in banking, finance, sales, operations, and investment banking. Mr. Akhtar Khatri o Former Chief Financial Officer at Mangalam Industrial Finance Ltd. Director-Sales & Strategy– (Domestic & o Leadership in establishing and nurturing new busin
Slide 33: Major Events
Major Events 32
Slide 34: Major Event For Q1 FY25: Wardwizard Receives USD 1.29 Billion Order
Major Event For Q1 FY25: Wardwizard Receives USD 1.29 Billion Order Wardwizard Innovations & Mobility Limited (WIML), a leading manufacturer of electric vehicles under the ‘Joy e-bike’ and ‘Joy e-rik’ brands, has secured a substantial USD 1.29 billion order from Beulah International Development Corp
Slide 35: Major Event For 2024
Major Event For 2024 Bharat Mobility Global Expo 2024, Delhi February 1st to 3rd 2024 Global Business Summit, New Delhi February 9th & 10th 34
Slide 36: Major Event For 2024
Major Event For 2024 Vadodara Marathon 2024 Run for Sustainability January 7th, 2024 Women's Kickboxing League, Vadodara January 21 35
Slide 37: Vibrant Gujarat 2024: Driving Sustainable Mobility Innovation
Vibrant Gujarat 2024: Driving Sustainable Mobility Innovation Vibrant Gujarat Global Trade Show International Participation and Joy e-bike Showcase: Future Implications: 2024 Overview: Industry Focus: Presented vision for expanding EV Demonstrated Gujarat's commitment Inaugurated by Prime Minister O
Slide 38: Electrifying Expansion
Electrifying Expansion Expands Operations with New Assembly Facility in Deoghar, Jharkhand • Facility is an extension of the Vadodara, Gujarat factory, spread across 15,000 sq. ft. • Initial focus on assembly of high and low-speed electric two-wheelers with annual target of 20,000 units. • Aims to m
Slide 39: Electric Mobility Milestones
Electric Mobility Milestones Wardwizard Innovations & Mobility Ltd. achieves milestone of 100,000 electric two-wheeler sales in India. • Celebrates milestone by rolling out 100,000th unit from Vadodara manufacturing facility. • Portfolio comprises 10 models, with over 750 touchpoints nationwide. • O
Slide 40: Joy e-bike: Official EV Partner
Joy e-bike: Official EV Partner Joy e-bike becomes the Official EV The MENA EV Show 2023 Partner of Aaj Tak G20 Summit Dubai, UAE Joy e-bike associated with the Aaj Tak G20 Summit as their Joy e-bike partnered with "The MENA EV SHOW 2023, Gold official EV Partner: The esteemed summit acted as a dyna
Slide 41: EV Centre of Excellence: Dogra Regimental Centre
EV Centre of Excellence: Dogra Regimental Centre Established EV Centre of Excellence for Skill Development of Defense Personnel in Dogra Regimental Centre, Ayodhya Cantt in Faizabad, Uttar Pradesh. 40
Slide 42: Wardwizard's EV Center of Excellence at ITI, Tarsali
Wardwizard's EV Center of Excellence at ITI, Tarsali Wardwizard Innovations & Mobility Limited inaugurated one of the most unique EV Excellence Centers in India, "Wardwizard's EV Center of Excellence," at ITI Tarsali, Vadodara, Gujarat. The center was inaugurated by Shri Harsh Sanghavi, Minister of
Slide 43: Dynamic Duo: Brand Ambassadors for Joy e-bike
Dynamic Duo: Brand Ambassadors for Joy e-bike! Power Couple Saif Ali Khan and Kareena Kapoor Khan Join Hands as Brand Ambassadors of Joy e-bike. 42
Slide 44: Highlights Of All The Events
Highlights Of All The Events Advantage Maharashtra Auto Expo VCCI Expo Shri Chhatrapati Expo Aurangabad Noida Vadodara Shivaji Art Festival January 5th to 8th, 2023 January 11th to 18th, 2023 January 27th to 30th, 2023 February 2nd to 5th, 2023 Global Business Summit Test Drive of Mihos Media Test D
Slide 45: Sponsorship
Sponsorship 44
Slide 46: Strategic Marketing Approaches for Building Brand Awareness
Strategic Marketing Approaches for Building Brand Awareness Joy e-bike: Title Sponsor of Business Jatra 2023 December 1st -2nd , 2023 in Thane, Mumbai Joy e-bike's Festive Dhamaka Offers (Oct-Dec 2023) capitalized on the festive season Spreading brand awareness and driving sales across India. Tailor
Slide 47: Sponsorship
Sponsorship India Tour of Ireland Navratri Event August 18 to 23,2023 October 15 to October 24, 2023 Joy e-bike sponsored Bengal Wizards in Tennis Premier League, Season 4. 46
Slide 48: Joy e-bike: Collaboration with Aaj Tak
Joy e-bike: Collaboration with Aaj Tak Joy e-bike partnered with Aaj Tak for the 2023 Lok Sabha election coverage, featuring Mihos. The campaign reached a wide national audience across Aaj Tak channels. A 6-month laptop branding on Aaj Tak emphasized Joy e-bike's commitment to sustainable mobility.
Slide 49: Strategic Marketing Approaches: Association with Flipkart
Strategic Marketing Approaches for Building Brand Awareness Association with Flipkart 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, offering cust
Slide 50: Marketing in Indian Railways
Engaging Marketing Techniques To Create Brand Awareness Marketing in Indian Railways 49
Slide 51: Stadium Branding
Stadium Branding Weord Tie iew Tics loney Transfer on [pay
Slide 52: TV Plan
TV Plan Odisha TV
Slide 53: Festive Season – Double Dhamaka Offer
Festive Season – Double Dhamaka Offer 52
Slide 54: Film Festival (DPIFF) Awards 2023
Film Festival (DPIFF) Awards 2023 53
Slide 55: Industry Overview
Industry Overview 54
Slide 56: EV Mobility Global Market Overview
EV Mobility Global Market Overview Electric Vehicle Market Charges Ahead with Projected US$623.3bn Revenue by 2024 Looking ahead, it is expected that the market will demonstrate a steady annual growth rate (CAGR 2024-2028) of 9.82%. In 2024, the revenue in the Electric Vehicles market unit Electric
Slide 57: Industry Insights
Industry Insights What is Bharat Doing? The Indian government has planned US$3.5 billion in incentives over a five-year period until 2026 under a revamped scheme to encourage the production and export of clean technology vehicles. Investment flow into EV startups in 2021 touched an all-time high, in
Slide 58: EV Mobility Market Overview & Government Initiative In India
EV Mobility Market Overview & Government Initiative In India The Indian government is working to create an integrated EV mobility ecosystem with a low carbon footprint and high passenger density with an emphasis on urban transportation reform. The Government approved FAME and plans to cover all Indi
Slide 59: Multi-Dimensional Growth Opportunity
Multi-Dimensional Growth Opportunity Macro Level Micro Level Secular global shift towards India currently ranks among Differentiated product portfolio electric vehicles the smallest electric vehicle with unparalleled distribution markets, but is also one of the capabilities in rural territories fast
Slide 60: India's Electric Vehicle Market: Small but Mighty in Growth
India's Electric Vehicle Market: Small but Mighty in Growth! Global temperature is rising every year; 19 out of the 20 warmest years have occurred in 1 the 21st century Global Warming Growth in Domestic India is among the most Pollution 2 polluted countries in the world; ranked fifth in world’s top
Slide 61: The Way Forward
The Way Forward 60
Slide 62: Future Growth Drivers
Future Growth Drivers New Product Launches Develop India’s First EV Cluster Enhance Dealership Network Capacity Expansion Strengthening Position In Key Markets Improve Margins Enhance Distribution Channel Strategy Exploring Export Opportunities 61
Slide 63: Expanding Presence
Expanding Presence • Wardwizard Innovations and Mobility Ltd. will restructure its distribution-dealer model. They will establish 160+ 'Distributor Showrooms' at the district level to strengthen relationships with Taluka-level Dealers. • The company plans to promote high-performing taluka dealers to
Slide 64: In-house Battery Assembly Line
In-house Battery Assembly Line The company’s vision is to ensure Wardwizard has commenced the the highest quality standards operations of a lithium-ion battery where they can have direct control assembly line. on the quality and standards of their battery packs. This assembly line has a capacity Fur
Slide 65: EV – Ancillary Cluster
EV – Ancillary Cluster Acquired a 4 million sq. ft property for the cluster The cluster will consist of a R&D center and a production center for the manufacturing of electric two wheelers & three wheelers Signed MoU with Gujarat Government for the investment of ₹ 2000 Cr for research and development
Slide 66: Empowering Green Mobility: Investment in Gujarat's EV Development
Empowering Green Mobility: Investment in Gujarat's EV Development Wardwizard signs Focus on Aligns with the Investment covers Aims to create over Rs. 2,000 crore MOU developing Electric government's green R&D for electric 2 5,000 jobs in with Gujarat Vehicle Ancillary mobility vision. & 3 wheelers,
Slide 67: Expanding Horizons
Expanding Horizons Wardwizard partners with Triton EV, a U.S.-based electric Wardwizard and BEEAH Forge Groundbreaking Partnership vehicle manufacturer, in a five-year MOU. for Electric Vehicle Revolution in GCC and Africa • WIML selected Triton EV’s as manufacturing partner for Battery Operated tru
Slide 68: Q1 FY25 Consolidated Result Highlights
Q1 FY25 Consolidated Result Highlights In ₹ Cr In ₹ Cr In ₹ Cr Revenue EBITDA Net Profit 7.49 51.41 2.30 37.88 4.52 1.56 Q1 FY24 Q1 FY25 Q1 FY24 Q1 FY25 Q1 FY24 Q1 FY25 67
Slide 69: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (In ₹ Cr) Q1 FY25 Q4 FY24 Q1 FY24 FY24 Net Sales 51.41 128.11 37.87 321.42 Other Income 0.03 0.15 0.01 0.21 Total Income 51.44 128.26 37.88 321.63 Expenses Cost of Material Consumed 30.29 96.30 26.23 229.38 Employee Benefit Expenses 3.62 4.22 2.67 13.
Slide 70: Annexures
Annexures Stock Information Shareholding Pattern As on 20-08-2024 As on 30-06-2024 BSE Code 538970 ISIN INE945P01024 Share Price (₹) 55.25 Market Capitalization (₹ Cr) 1,440.33 No. of Shares Outstanding 26,06,93,900 Face Value (₹) 1.00 41.37 52 Week High (₹) 86.50 52 Week Low (₹) 35.70 Corporate Act
Slide 71: Thank You
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
Wardwizard Innovations & Mobility — Q1 FY25 Earnings Presentation on 6ix