Wardwizard Innovations & Mobility Ltd. · BSE:WARDINMOBI
Wardwizard Innovations & Mobility — Q2 FY26 Earnings Presentation
44 slides from Wardwizard Innovations & Mobility's earnings presentation, Nov 26, 2025
Slide 1: BSE Covering Letter for Investor Presentation
REF: WIML/BSE/IP/NOV-2025 Date: 26TH November, 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 Sir/Madam
Slide 2: Wardwizard Innovations & Mobility Limited Investor Presentation
Wardwizard Innovations & Mobility Limited INVESTOR PRESENTATION November 2025 | Q2FY26 / H1FY26
Slide 3: 01 The Future of Mobility is Electric 02 Our Journey of Innovation and Success
01 The Future of Mobility is Electric 02 Our Journey of Innovation and Success 03 Leading the Future 04 Why Wardwizard ? 05 Annexure
Slide 4: Safe Harbour
Safe Harbour 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 subscribe for an
Slide 5: The Future of Mobility is Electric
The Future of Mobility is Electric The Future of Mobility is Electric A Global Shift Towards Sustainable Transportation A Global Shift Towards Sustainable Transportation
Slide 6: Management Commentary
Management Commentary We delivered stronger profitability in Q2 FY’26, with EBITDA improving to ₹61.08 million from a loss last year and PAT turning positive. This improvement reflects our disciplined cost controls, better operational efficiencies, and focus on fleet-driven demand. While the quarter
Slide 7: Industry Overview: The Electric Vehicle (EV) Revolution
Industry Overview: The Electric Vehicle (EV) Revolution The Indian government is India's EV market is EV adoption is growing The global EV market is pushing for 30% EV attracting significant rapidly worldwide, due to projected to reach $1,084 penetration by 2030, investments, boosting environmental
Slide 8: Opportunity: Electrifying Growth Potential
Opportunity: Electrifying Growth Potential E V S a l e s Tr e n d ( U n i t s ) E-Bus E-Goods Carrier 0.46% 20,26,184 0.21% 17,57,109 E-3W Pax L5 1% 12,48,886 10,93,047 E-4W 8% 4,90,697 E-3W 1,76,202 Pax L5 1,48,382 9% FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 H1FY26 E-Cart 4% Vehicle Category- Wise
Slide 9: 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 10: The Rise of EV Charging Infrastructure & Benefits of EV Adoption
The Rise of EV Charging Infrastructure & Benefits of EV Adoption Expanding Charging Network EV Benefits Over ICE Vehicles • EVs offer significant savings on fuel and maintenance, benefiting consumers and • Government support and policies are reducing long-term operating costs accelerating EV infrast
Slide 11: Driving Forward: Expanding EV Adoption and Charging Infrastructure Solutions
Driving Forward: Expanding EV Adoption and Charging Infrastructure Solutions Top Indian States by EV Penetration (Jan 2025 to Sep 2025) State-Wise Public Charging Stations (Till September 2025) • 1.34 crore two-wheelers were registered in India, including 9.42 lakh electric units accounting for 7% E
Slide 12: Wardwizard's Positioning: Leading the Way
Wardwizard’s Positioning: Leading the Way Aligned with Government EV Policies With state-level EV policies supporting electric mobility, Wardwizard is perfectly aligned with national priorities, giving it a competitive advantage in capturing subsidies and incentives Capitalizing on India’s EV Growth
Slide 13: Our Journey of Innovation and Success
Our Journey of Innovation and Success The Future of Mobility is Electric A Global Shift Towards Sustainable Transportation Milestones and Financial Strength Driving Our Future
Slide 14: Who We Are
Who We Are Wardwizard Innovations & Mobility is a leading electric Vision Our Values vehicle manufacturer, dedicated to revolutionizing sustainable mobility with innovative, eco-friendly solutions To Empower 55,000 Teamwork Pioneering in EV technology with a diversified portfolio Enterprises For Emp
Slide 15: Milestones on the Road to Success
Milestones on the Road to Success 2016 Establishment of Wardwizard under the leadership of Mr. Yatin Gupte, Chairman & MD 2018 Launched first low speed E-Scooter under the Joy e-bike brand 2019 Launched 4 E-scooters in low-speed Scooter category 2020 Expansion into Electric two-wheelers high-speed c
Slide 16: State of the Art Manufacturing Facility
State of the Art Manufacturing Facility Located Vadodara Close Proximity To The Spread Across 1 Semi-automatic Annual Capacity A 2 wheeler Is Vendors 70,000 Sq Ft for Assembly Line Single Shift 1,20,000 Produced Every 150 Gujarat and 2Ws (Gujarat) Units PA for 2Ws Seconds After First Deoghar, Vehicl
Slide 17: 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 16
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 RANGE CHARGING TIME 75 Km 4 to 5 Hrs 130 Km 5 Hrs 75 Km 4 to 5 Hrs TOP SPEED TOP SPEED TOP SPEED 65 Km/ Hr 55 Km/ Hr 55 Km/ Hr WOLF + GEN NEXT NANU+
Slide 19: Speed and Style: 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 150 Km in Eco Mode CHARGING TIME 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 WOLF ECO 19
Slide 21: Power Meets Innovation: Electric Bikes
Power Meets Innovation: Electric Bikes Rated Torque 230 Nm Drive Moto 5000 Watts TOP SPEED 90 Km/Hr 20
Slide 22: Driving the Future: Our Newest Arrival
Driving the Future: Our Newest Arrival Joy E-Rik V1 (L5) Joy E-Cart Joy E-Loader (L5) 21
Slide 23: Eco-Driven Transit: Electric Rickshaws
Eco-Driven Transit: Electric Rickshaws Joy E-Rik Joy V1V1 E-Rik (L5) (L5) Range Per Charge 01 Power 02 140 Km* 6 Kw Charging Time 03 Capacity 04 4 to 4.5 hrs 319 Kgs @50 Amp ARAI 05 Max Speed 06 Warranty Vehicle Approved 50 Kmph Battery – 36 months Or 1.20 Lac kms Product – 12 months 22
Slide 24: Clean Community Transport: E-Carts & Waste
Clean Community Transport: E-Carts & Waste Joy E- Cart Range Per Charge 01 Power 02 80-100 Km* 1.5 Kw Charging Time 03 Capacity 04 5 to 6 hrs 310 Kgs @18 Amp ARAI 05 Max Speed 06 Vehicle Approved 25 Kmph Warranty Battery – 36 months Product – 12 months 23
Slide 25: Driving the Future: 3-Wheeler Range Designed for Utility & Comfort
Driving the Future: 3-Wheeler Range Designed for Utility & Comfort Joy E-Bandhu (L3) Joy E-Cart Joy E-Loader (L3) Joy E-Loader (L5) RANGE CHARGING TIME RANGE CHARGING TIME RANGE CHARGING TIME RANGE CHARGING TIME 100-120 Kms 8 to 8.5 Hrs 100-120 Kms 8 to 8.5 Hrs 100-120 Kms 8 to 8.5 Hrs 100-120 Kms 4
Slide 26: 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! 25
Slide 27: Q2FY26 Business Insights & Progress
Q2FY26 Business Insights & Progress • Strategic partnership with Battery Smart, India's largest and fastest-growing battery-swapping – Under the Partnership, Battery Smart will set up battery-swapping infrastructure across all Joy e-Bike dealerships, enabling customers to access a nationwide swap ne
Slide 28: Accelerating the Future: 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 29: Leading the Future
Leading the Future The Future of Mobility is Electric Continuous Innovation and Growth A Global Shift Towards Sustainable Transportation
Slide 30: Key Initiatives & R&D Focus for Future Growth
Key Initiatives & R&D Focus for Future Growth Broadening Product R&D Advancements and Portfolio Certifications • Upcoming models in 2Ws, 3Ws, and to • Application for DSIR recognition to meet evolving market demands strengthen innovation credentials and enhance technical resources • Actively forging
Slide 31: The Road Ahead – Strategic Priorities for Expansion
The Road Ahead – Strategic Priorities for Expansion Expanding Sales & Strategic Techno logical & Strengthening Investor Distribution Network Operational Collaboration Relations & Communication • Target of 2,000 dealers and 250 • Partnership with SpeedForcEV to • Commitment to transparent, district-l
Slide 32: Why Wardwizard?
Why Wardwizard ? The Future of Mobility is Electric A Global Shift Towards Sustainable Transportation A Compelling Investment in Sustainable Mobility
Slide 33: Investment Rationale: A Compelling Investment Opportunity
Investment Rationale: A Compelling Investment Opportunity Expanding Product Portfolio Integrated EV Fleet Operations Charging Infrastructure & Swapping Networks Diverse offerings across electric A first-of-its-kind holistic fleet model in India, offering scooters, bikes, and e-rickshaws with end-to-
Slide 34: Annexure
Annexure The Future of Mobility is Electric A Global Shift Towards Sustainable Transportation
Slide 35: Board of Directors
Board of Directors Mr. Gupte currently serves as Chairman and Managing Director for Wardwizard, and founded Wardwizard Mr. Yatin Sanjay Group in 2016 Gupte He has 15 years of experience working in sales & marketing, business development, client servicing, ``` renewals, and operations (including 11 y
Slide 36: Management Team
Management Team Mr. Deepak Doshi Ms. Jaya Ashok Mr. Alok Jamdar Mr. Akhtar Khatri Mr. Vineet Akre Bhardwaj Chief Financial Officer Vice President of Operations Director-Sales & Strategy– Sr. Vice President of Company Secretary & (Production) (Domestic & International R&D & Production Compliance Offi
Slide 37: 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 38: Engaging Marketing Techniques To Create Brand Awareness
Engaging Marketing Techniques To Create Brand Awareness Sparking a Green Cricket League Activation: Camp का Champ Program: Click-11 Photography Re-Invest Expo Revolution; #17Mein100 Sponsorship of a cricket Launched an incentive Exhibition: Sponsored an Participation: Showcased Campaign: Promoted th
Slide 39: 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 40: Awards & Accolades
Awards & Accolades FY25 laurels Featured for Manufacturing and Felicitation of its FE Best Banks Fastest-growing contribution Regulatory milestone services award Chairman Awards to the EV industry WIML was conferred with Mr. Yatin Gupte, Chairman Joy e-bike, the flagship Mr. Yatin Gupte, Chairman In
Slide 41: 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 42: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (₹ crores) Q2FY26 Q1FY26 Q2FY25 H1FY26 H1FY25 FY25 Revenue from Operations 33.43 32.27 58.18 65.70 109.60 304.94 Other Income 1.07 4.62 0.14 5.69 0.17 0.41 Total Income 34.49 36.89 58.32 71.38 109.77 305.35 Expenses Raw Material costs 21.64 22.32 45.3
Slide 43: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (₹ crores) H1FY26 FY25 Particulars (₹ crores) H1FY26 FY24 Equity and Liabilities Assets Equity Share Capital 26.07 26.07 Non-current assets Other Equity 79.86 78.60 Property Plant & Equipment 44.11 46.60 Total Equity 105.93 104.67 Capital work in progress 13.81
Slide 44: Thank You
Thank You Deepak Doshi CFO, Wardwizard Innovations & Mobility Limited cfo@wardwizard.in Siddesh Chawan Investor Relations, Ernst & Young LLP siddesh.chawan@in.ey.com Ajit Mishra Investor Relations, Ernst & Young LLP ajit.j.mishra@in.ey.com
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