Wonder Electricals Announces Audited Financial Results and Approves Preference Share Redemption

Wonder Electricals Announces Audited Financial Results and Approves Preference Share Redemption

Wonder Electricals Announces Audited Financial Results and Approves Preference Share Redemption​

Wonder Electricals Limited announced the results of its Board meeting held on May 28, 2026. The Board of Directors approved the audited financial results for the quarter and financial year ended March 31, 2026, and also approved the redemption of a specific number of preference shares from the company's profits.

The Board's resolutions included the consideration of the audited financial results, which were found to have an unmodified opinion from the auditors. Furthermore, the company approved the redemption of 4,00,000 nonconvertible, non-participating, and non-cumulative redeemable preference shares, each having a face value of 2100.

Quarterly Financial Performance (Consolidated)​

The company presented its financial results for the quarter and year ended March 31, 2026. The consolidated revenue from operations (gross) stood at 25,221.98 INR Lakhs for the quarter, compared to 31,202.87 INR Lakhs in the quarter ending March 31, 2025.

Total Revenue for the year ended March 31, 2026, was 65,481.00 INR Lakhs, up from 89,492.84 INR Lakhs reported in the year ending March 31, 2025.

The consolidated profit before tax for the year stood at 1,203.83 INR Lakhs, decreasing from 2,530.17 INR Lakhs reported in the previous year.

MetricQuarter Ended March 31, 2026Quarter Ended December 31, 2025Quarter Ended March 31, 2025Year Ended March 31, 2026Year Ended March 31, 2025
Total Revenue25,226.40 INR Lakhs15,255.83 INR Lakhs31,206.72 INR Lakhs65,481.00 INR Lakhs89,492.84 INR Lakhs
Total Expenses24,264.04 INR Lakhs15,177.48 INR Lakhs29,820.71 INR Lakhs64,277.17 INR Lakhs86,962.67 INR Lakhs
Profit before Tax962.36 INR Lakhs78.35 INR Lakhs1,386.01 INR Lakhs1,203.83 INR Lakhs2,530.17 INR Lakhs
Profit After Tax718.40 INR Lakhs56.57 INR Lakhs1,162.66 INR Lakhs911.42 INR Lakhs1,901.72 INR Lakhs

Financial Position and Cash Flow​

The audited statement of assets and liabilities for the consolidated group shows the following major changes:

Consolidated Statement of Assets and Liabilities
(All amounts in INR Lakhs unless otherwise stated)

ItemAs on March 31, 2026As on March 31, 2025
Total Assets41,468.0343,517.37
Property, Plant and Equipment4,354.514,280.22
Right to use Asset185.36275.85
Inventory6,411.175,861.35
Cash & Cash Equivalents2,855.732,490.38
Total Equity and Liabilities41,468.0343,517.37
Equity Share Capital1,340.081,340.08
Preference Share Capital (Unlisted)1,580.061,580.06
Short-Term Borrowings/Trade Payables9,370.6511,067.97
Other Current Liabilities8,170.7714,254.36

The company's Cash Flow Statement details the following operational metrics:

Cash Flow ActivityAmount (March 31, 2026)Amount (March 31, 2025)
Profit before Tax and exceptional items attributable to cash activities1,203.83 INR Lakhs2,530.17 INR Lakhs
Net Cash Flow from Operating Activities after Working Capital Changes(549.82 INR Lakhs)463.95 INR Lakhs
Net Cash Generated from Operating Activities2,543.47 INR Lakhs(2,160.93 INR Lakhs)
Net Cash used in Investing Activities(655.97 INR Lakhs)(1,325.53 INR Lakhs)
Net Cash used in Financing Activities(367.65 INR Lakhs)(367.65 INR Lakhs)
Net Increase/(decrease) in Cash & Cash Equivalents2,053.50 INR Lakhs539.95 INR Lakhs

Corporate Operations Update​

The company noted that its operations currently fall under a single primary business segment: the manufacturing of electrical appliances.

Regarding its subsidiary, Integrated Motion & Control LLP, the company confirmed that while the LLP was incorporated on April 2, 2025, and is setting up a plant for PCB card manufacturing in Haridwar, commercial operations had not yet commenced as of March 31, 2026. Management noted that this had no material impact on the standalone and consolidated financial results for the year.

On a related note, the company declared a final dividend for the financial year 2024-25 and an interim dividend for the financial year 2025-26, each amounting to 0.10 per equity share. Additionally, a dividend was paid on 5% Non-Convertible, Non-Participating and Non-Cumulative Redeemable Preference Shares at the fixed rate for the financial year 2025-26.

WEL Stock Price Movement​

Wonder Electricals Limited shares slipped by 1.03% on Wednesday, closing at ₹93.65. The stock saw trading activity on a volume of 119,616 shares.
 

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Editorial Note

This news article was written and created by Himanshu, and published on IST.
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