Wardwizard Healthcare (BSE: WARDHEALTH) is loss-making over the last 12 months, losing ₹0.43 Cr, so a P/E ratio does not apply. Its share price on 22 Dec 2025 was ₹45.34, close to its 52-week high. Sales grew 84% a year over 3 years. Its net worth is negative, as liabilities exceed assets, and borrowings are ₹3.24 Cr. It is a small-cap company with a market cap of ₹1.11 Cr; the shares rose 16% over the past year.
- ₹45.34
- ₹45.34
- ₹45.34
- ₹45.34
- 500
Health check
- ReturnsStrong
+15.7% over the past year.
- Price tagNegative equity
Book value is below zero, so P/E and P/B mislead here.
- GrowthUnder pressure
Sales +84.2% a year over 3 years, but loss-making now.
- ProfitabilityDistorted
With negative net worth, return ratios are meaningless.
- Balance sheetStretched
Negative net worth: liabilities exceed assets.
- Red flags3 to check
Loss-making over the last twelve months.
Small cap
Defensive
Key metrics
- Market cap
- ₹1.11 Cr
- Small cap
- P/E
- n/a
- Price to book
- −0.33
- Book value ₹−138.61
- Dividend yield
- n/a
- ROE
- n/a
- Return on equity
- ROCE
- n/a
- Return on capital employed
- Debt to equity
- n/a
- Debt ₹3.24 Cr
- EPS (TTM)
- −₹71.88
- OPM (TTM)
- −56.2%
- Net margin −24.9%
- Sales growth
- +236.8%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.65
- EV/EBITDA −15.2
Strengths and risks
Strengths
- Quarterly sales up 236.8% on a year ago.
Risks to check
- Loss-making over the last twelve months.
- Negative net worth: liabilities exceed assets.
- Interest coverage of only −10.9×.
About Wardwizard Healthcare
Wardwizard Healthcare Limited engages in the business of hospital activities. The company also offers healthcare services and activities related to Ayurveda practitioners. It also provides emergency and ICU, diagnostics, home healthcare, OHC, panchakarma and detox, pain and orthopedic care, lifestyle disorder MGMT, stress and mind therapies, wellness, and immunity and rejuvenation related services. The company was formerly known as Ayoki Merchantile…
- Headquarters
- Vadodara
- Employees
- 4
- Sector
- Financial Services
- ISIN
- INE048E01013
- Website
- ayokimerchantile.com
Price range
- Avg volume (3M)
- 0
- 1-year return
- plus 15.7%
- From 52-week high
- 0.0%
Peers
We couldn’t find listed peers for this company.
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 0.2 | – | 0.1 | 0.6 | 0.7 | |
| 0.6 | – | 0.3 | 0.5 | 1 | |
| −0.4 | −0.2 | −0.2 | 0 | −0.3 | |
| −205.0% | – | −307.9% | 7.0% | −50.8% | |
| 0.4 | 0 | 0.1 | 0.3 | 0 | |
| 0.1 | 0 | 0 | 0 | 0 | |
| 0.1 | 0 | 0 | 0 | 0 | |
| −0.1 | −0.3 | −0.2 | 0.3 | −0.4 | |
| −117.8% | −0.3% | 1.0% | −6.7% | 13.3% | |
| −0.2 | −0.3 | −0.2 | 0.3 | −0.3 | |
| -7.64 | -10.62 | -7.54 | 14.08 | -13.09 |
Profit & loss
- Sales CAGR 3Y
- +84.2%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.1 | 0.1 | 0.4 | 0.8 | |
| – | minus 17.8% | +275.7% | +102.4% | |
| 0.2 | 0.4 | 2.2 | 1.7 | |
| −0 | −0.3 | −1.8 | −0.8 | |
| −22.3% | −282.6% | −426.7% | −97.8% | |
| 0 | 0 | −0 | 0.4 | |
| – | 0 | 0.6 | 0.1 | |
| – | 0.1 | 0.5 | 0.2 | |
| – | – | 0 | 0.4 | |
| −0 | −0.4 | −2.8 | −0.2 | |
| −7.6% | −7.7% | 4.0% | −40.1% | |
| −0 | −0.4 | −2.7 | −0.3 | |
| -1.27 | -18.31 | -110.75 | -12.87 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.2 | 0.2 | 0.2 | 0.2 | |
| −0.2 | −0.6 | −3.4 | −3.6 | |
| – | 0.8 | 10.4 | 3.2 | |
| 0 | 0.1 | 1.4 | 1.2 | |
| 0.1 | 0.5 | 8.7 | 1 | |
| – | 0.3 | 7.3 | 0.2 | |
| – | – | 1 | 0 | |
| 0 | 0 | 0 | 0 | |
| 0 | 0.1 | 0.4 | 0.8 | |
| 0.1 | 0.5 | 8.7 | 1 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0 | −0.4 | −1.6 | −0.1 | |
| – | – | −0 | −0.1 | |
| – | 0.4 | 1.7 | 0.2 | |
| −0 | −0 | 0 | −0 | |
| – | – | −0 | −0.1 | |
| −0 | −0.4 | −1.6 | −0.2 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.