About
Wardwizard Foods and Beverages Limited manufactures and sells ready-to-eat (RTE) products, frozen food items, beverages, spices, and condiments in India. It operates through Sale of RTE, Frozen Foods; Food Commodities; and Services segments. The company offers ready-to-eat-food, including aloo mutter, chana masala, palak paneer, kadhi pakodi, baigan bhartha, mutter paneer, dal makhani, and paneer butter masala; and frozen food products, such as pizza, punjabi samosa, bombay vada tikki, aloo paratha, suji halwa, moongdal halwa, and other frozen delicacies and snacks. It also provides beverages comprising various pure drinking water; flavored drinks, such as lemon, cola, jeera, mojito, blue lagoon, orange, and ginger-lemon; and energy drink products. In addition, it offers spices products, including kanda lasun masala, garam masala, tandoori masala, meat masala, dhaniya powder, kitchen king masala, shahi paneer masala, chat masala, shahi biryani masala, haldi powder, sambar masala, pav bhaji masala, chicken masala, kashmiri chilli masala, chole masala, sabji masala, panipuri masala, and mirchi powder; and condiments consisting of tandoori and classic mayonnaise, salad mayonnaise, pizza pasta sauces, tomato sauces, cheese blends, green and red chilli sauces, dark soya sauces, tomato ketchup, and schezwan chutney. Further, it operates quick-service restaurants. The company offers its products under the QuikShef and Water of Life brands through retail outlets. It serves the retail, hotel, restaurant, and catering sectors. The company exports its products to the United States, Canada, the United Arab Emirates, the United Kingdom, Bahrain, Germany, Tanzania, and Australia. The company was formerly known as Vegetable Products Limited and changed its name to Wardwizard Foods and Beverages Limited in August 2022. Wardwizard Foods and Beverages Limited was incorporated in 1953 and is headquartered in Vadodara, India.
Quarterly Results
Rs. Crores ยท hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 17.03 | 40.45 | 116.65 | 67.44 | 13.20 | 39.14 | 48.76 | 4.16 | 0.72 | 2.72 | 5.93 | 3.80 | 4.26 |
| Expenses | 14.26 | 35.89 | 116.03 | 65.07 | 13.00 | 36.50 | 50.18 | 7.54 | 4.22 | 13.19 | 11.96 | 9.20 | 8.90 |
| Operating Profit | 2.77 | 4.56 | 0.62 | 2.37 | 0.20 | 2.64 | -1.42 | -3.38 | -3.50 | -10.47 | -6.03 | -5.40 | -4.64 |
| OPM % | 16.27 | 11.27 | 0.53 | 3.51 | 1.52 | 6.75 | -2.91 | -81.25 | -486.11 | -384.93 | -101.69 | -142.11 | -108.92 |
| Other Income | 0.62 | 0.76 | 1.04 | 0.30 | 0.16 | 0.06 | 0.10 | 0.43 | 0.54 | 2.09 | 0.40 | 0.48 | 0.01 |
| Depreciation | 1.10 | 1.45 | 1.18 | 1.18 | 1.18 | 1.55 | 1.44 | 1.48 | 1.54 | 1.68 | 1.54 | 1.13 | 0.91 |
| Interest | 1.15 | 1.44 | 1.11 | 0.88 | 0.88 | 0.88 | 0.85 | 1.54 | 0.05 | 0.75 | 0.76 | 0.80 | 1.11 |
| Profit before tax | 1.14 | 2.43 | -0.63 | 0.61 | -1.70 | 0.27 | -3.61 | -5.97 | -4.55 | -10.81 | -7.93 | -6.85 | -6.65 |
| Tax % | -14.91 | -23.05 | -4.76 | -3.28 | 0.00 | -151.85 | 2.77 | 0.34 | 2.42 | 3.52 | 0.00 | 6.42 | 0.00 |
| Net Profit | 1.31 | 2.99 | -0.60 | 0.62 | -1.70 | 0.68 | -3.72 | -6.00 | -4.65 | -11.18 | -7.93 | -7.29 | -6.65 |
| EPS in Rs | 0.05 | 0.12 | -0.02 | 0.02 | -0.07 | 0.03 | -0.14 | -0.23 | -0.18 | -0.43 | -0.32 | -0.31 | -0.31 |
Profit & Loss
Annual ยท Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 238.00 | 93.00 | 17.00 | 8.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Expenses | 230.00 | 98.00 | 43.00 | 15.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Profit | 8.00 | -5.00 | -26.00 | -7.00 | 0.00 | 0.00 | -1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| OPM % | 3.30 | -6.00 | -160.00 | -97.00 | โ | โ | โ | โ | โ | โ | โ | โ |
| Other Income | 2.00 | 1.00 | 3.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 4.00 | 3.00 | 3.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 5.00 | 6.00 | 5.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 1.00 | -14.00 | -32.00 | -8.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.00 |
| Tax % | -87.00 | -1.00 | 3.00 | 9.00 | 0.00 | 0.00 | 0.00 | 75.00 | 0.00 | 0.00 | 0.00 | -21.00 |
| Net Profit | 1.00 | -14.00 | -33.00 | -9.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS in Rs | 0.05 | -0.53 | -1.29 | -0.46 | -0.02 | -0.01 | -0.01 | 0.00 | 0.01 | 0.00 | 0.00 | -0.04 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | โ | 0.00 | 0.00 |
Balance Sheet
Annual ยท Rs. Crores โ latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 26.00 | 26.00 | 26.00 | 20.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 4.00 |
| Reserves | 56.00 | 55.00 | 68.00 | 100.00 | 43.00 | 53.00 | 53.00 | 53.00 | 53.00 | 53.00 | 53.00 | 61.00 |
| Borrowings | 38.00 | 32.00 | 28.00 | 30.00 | 3.00 | 3.00 | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Other Liabilities | 85.00 | 24.00 | 15.00 | 6.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 204.00 | 136.00 | 136.00 | 156.00 | 58.00 | 67.00 | 67.00 | 67.00 | 67.00 | 67.00 | 67.00 | 67.00 |
| Fixed Assets | 78.00 | 83.00 | 90.00 | 74.00 | 48.00 | 57.00 | 57.00 | 57.00 | 58.00 | 58.00 | 58.00 | 58.00 |
| CWIP | 5.00 | 5.00 | 4.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.00 | 1.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 7.00 |
| Other Assets | 120.00 | 47.00 | 39.00 | 79.00 | 8.00 | 8.00 | 8.00 | 8.00 | 7.00 | 7.00 | 7.00 | 2.00 |
| Total Assets | 204.00 | 136.00 | 136.00 | 156.00 | 58.00 | 67.00 | 67.00 | 67.00 | 67.00 | 67.00 | 67.00 | 67.00 |
Cash Flows
Annual ยท Rs. Crores โ latest first| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -2.00 | -10.00 | -50.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -2.00 |
| Cash from Investing Activity | 0.00 | -23.00 | -27.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.00 | 2.00 |
| Cash from Financing Activity | 1.00 | 1.00 | 102.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Cash Flow | 0.00 | -31.00 | 25.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.00 | 0.00 |
| Free Cash Flow | -3.00 | -35.00 | -77.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| CFO/OP % | 36.00 | 36.00 | 668.00 | -6.00 | -31.00 | 0.00 | -69.00 | -133.00 | -24.00 | -140.00 | 603.00 |
Ratios
Annual ยท Days / % โ latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 128.00 | 99.00 | 161.00 | 259.00 | โ | โ | โ | โ | โ | โ | โ | โ |
| Inventory Days | 4.00 | 11.00 | 29.00 | 58.00 | โ | โ | โ | โ | โ | โ | โ | โ |
| Days Payable | 129.00 | 90.00 | 215.00 | 201.00 | โ | โ | โ | โ | โ | โ | โ | โ |
| Cash Conversion Cycle | 4.00 | 19.00 | -25.00 | 117.00 | โ | โ | โ | โ | โ | โ | โ | โ |
| Working Capital Days | 47.00 | 93.00 | 499.00 | 1,327.00 | โ | โ | โ | โ | โ | โ | โ | โ |
| ROCE % | 4.00 | -9.00 | -21.00 | -8.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.00 |
Corporate Actions
2 records| Action | Ex Date | Record Date | Ratio | Amount (โน) | Notes |
|---|---|---|---|---|---|
| Split | 18 Feb 2016 | 22 Feb 2016 | 10:1 | โ | |
| Bonus | 18 Feb 2016 | 22 Feb 2016 | 9:5 | โ |