INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol WTICAB
MSEI Symbol NOTLISTED
ISIN INE623Y01011
Name of Company WISE TRAVEL INDIA LIMITED
Type of company SME
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 20-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 12-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Half Yearly
Reporting Quarter Yearly
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Road Transport
Start date and time of board meeting 20-May-2025   15:00:00
End date and time of board meeting 20-May-2025   16:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
(III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? No
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not applicable


Financial Results — Other than Bank
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Oct-2024 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Revenue From Operations
Revenue from operations 2852981000 5259176000
Other income 51029000 71492000
Total Income 2904010000 5330668000
2 Expenses
(a) Cost of materials consumed 0 0
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
(d) Employee benefit expense 210911000 369794000
(e) Finance costs 37685000 59815000
(f) Depreciation and amortisation expense 119446000 177297000
(g) Other Expenses
1 Operating Expenses 2261328000 4221805000
2 Other Expenses 115780000 203221000
Total other expenses 2377108000 4425026000
Total expenses 2745150000 5031932000
3 Profit before exceptional and extraordinary items and tax 158860000 298736000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax 158860000 298736000
6 Extraordinary items 0 0
7 Profit before tax 158860000 298736000
8 Tax Expense
Current tax 41379000 71322000
Deferred tax -1614000 6123000
Total tax expenses 39765000 77445000
9 Net Profit Loss for the period from continuing operations 119095000 221291000
10 Profit (loss) from discontinuing operations before tax 0 0
11 Tax expense of discontinuing operations 0 0
12 Net profit (loss) from discontinuing operation after tax 0 0
13 Profit (loss) for period before minority interest 119095000 221291000
14 Share of profit (loss) of associates
15 Profit (loss) of minority interest
16 Net profit (Loss) for the period 119095000 221291000
17 Details of equity share capital
Paid-up equity share capital 238118000 238118000
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve 1478176000
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 5 9.29
Diluted earnings (loss) per share from continuing and discontinued operations 5 9.29
20 Debt equity ratio 0.0 0.0
21 Debt service coverage ratio 0.0 0.0
22 Interest service coverage ratio 0.0 0.0
23 Disclosure of notes on financial results Textual Information(1)


Text Block
Textual Information(1) Notes to the Audited Standalone Financial Results for the half-year and year ended March 31, 2025 1. The above Standalone Financial Results for the half year and year ended March 31, 2025, have been reviewed by the Audit Committee and subsequently approved by the Board of Directors of the company at their respective meetings held on May 20, 2025. 2. These financial results have been prepared in compliance with the Accounting Standards (AS) as notified by the Ministry of Corporate Affairs and prescribed under Section 133 of the Companies Act, 2013, read with relevant rules issued thereunder and other accounting pronouncements generally accepted in India, to the extent applicable. 3. As per the MCA notification dated February 16, 2015, companies whose shares are listed on the SME Exchange, as referred to in Chapter XB of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, are exempted from the compulsory requirement of adoption of Ind AS. 4. The company operates in only one segment, namely “Rent-A-Cab.” Therefore, no segment reporting is applicable. 5. The figures for the corresponding previous periods have been regrouped / reclassified wherever necessary, to make them comparable. The figures for the half year and year ended March 31, 2025, are the balancing figures between audited figures in respect of the full financial year and the unaudited figures up to September 30, 2024, of the current financial year. 6. Details of IPO Proceeds Utilization: The proceeds from the IPO amount to Rs. 9,468.37 Lakhs. The object, proposed utilization, and amount utilized as of March 31, 2025, are as follows: Particulars Amount in Lakhs To Meet Working Capital Requirement 7300 General Corporate Expenses 800 To Meet the Issue Expenses 1368.27 Total IPO Proceeds 9468.37 Add: Interest Income on Fixed Deposit 239.36 Less: Utilization 9697.63 Balance IPO Proceeds yet to be utilized 10 Pursuant to the provisions of Section 52(2)(c) of the Companies Act, 2013, the entire expenses incurred for issuing shares through the IPO have been netted off from the Securities Premium Account.


Remarks
20 Debt equity ratio
21 Debt service coverage ratio
22 Interest service coverage ratio


Cash flow statement — indirect
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax 298736000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 26550000
Adjustments for depreciation and amortisation expense 177298000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for unrealised foreign exchange losses gains -1009000
Adjustments for dividend income 0
Adjustments for share-based payments 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items -46781000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 156058000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables -538666000
Adjustments for decrease (increase) in other current assets -31814000
Adjustments for increase (decrease) in trade payables 184837000
Adjustments for increase (decrease) in other current liabilities 28158000
Adjustments for provisions -8868000
Total adjustments for working capital -366353000
Total adjustments for reconcile profit (loss) -210295000
Net cash flows from (used in) operations 88441000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 83114000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items 5327000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities 5327000
4 Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses -242238000
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property plant and equipment 0
Purchase of property plant and equipment -380853000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 37352000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -705094000
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -44651000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -44651000
Cash flows from used in financing activities
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 237437000
Repayments of borrowings 0
Dividends paid 0
Interest paid -36013000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -79869000
Net cash flows from (used in) financing activities before extraordinary items 193581000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 193581000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 154257000
6 Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 154257000
Cash and cash equivalents cash flow statement at beginning of period 160058000
Cash and cash equivalents cash flow statement at end of period 314315000


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Equity and liabilities
1 Shareholders' funds
Share capital 238118000
Reserves and surplus 1478176000
Money received against share warrants 0
Total shareholders' funds 1716294000
2 Share application money pending allotment 0
3 Deferred government grants 0
4 Minority interest
5 Non-current liabilities
Long-term borrowings 505568000
Deferred tax liabilities (net) 0
Foreign currency monetary item translation difference liability account 0
Other long-term liabilities 39086000
Long-term provisions 17061000
Total non-current liabilities 561715000
6 Current liabilities
Short-term borrowings 196213000
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 184363000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 531206000
Total Trade payable 715569000
Other current liabilities 155239000
Short-term provisions 3078000
Total current liabilities 1070099000
Total equity and liabilities 3348108000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 679559000
Producing properties 0
Intangible assets 201000
Preproducing properties 0
Property, Plant and Equipment capital work-in-progress 0
Intangible assets under development or work-in-progress 0
Total Property, Plant and Equipment and Intangible assets 679760000
ii Non-current investments 113737000
v Deferred tax assets (net) 10601000
vi Foreign currency monetary item translation difference asset account 0
vii Long-term loans and advances 300527000
viii Other non-current assets 154735000
Total non-current assets 1259360000
Current assets
Current investments 0
Inventories 0
Trade receivables 1391362000
Cash and cash equivalents 562333000
Bank balance other than cash and cash equivalents 0
Short-term loans and advances 78380000
Other current assets 56673000
Total current assets 2088748000
Total assets 3348108000
Disclosure of notes on assets and liabilities


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Oct-2024 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets
Net Segment Asset
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments




Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Raj Gupta & co. Yes 30-Apr-2027


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income
2 Total Expenditure
3 Net Profit/(Loss)
4 Earnings Per Share
5 Total Assets
6 Total Liabilities
7 Net Worth


Signatories details

Name of CEO / Managing director
Name of CFO
Name of audit committee chairman
Name of statutory auditor
Name of other signatory, if any, with designation
Place
Date


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)
Mode of Fund Raising Public Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 12-Feb-2024
Amount Raised 946827000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation NA
Comments of the Audit Committee after review Amount in (Lakhs)
Comments of the auditors, if any Pursuant to the provisions of Section 52(2)(c) of the Companies Act, 2013, the entirenexpenses incurred for issuing shares through the IPO have been netted off from thenSecurities Premium Account.
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 To meet working capital requirement NA 730000000 37959000 766957000 0
2 General corporate expenses NA 80000000 0 80000000 0
3 To meet the Issue Expenses NA 136827000 37959000 98870000 0


Signatory Details
Name of signatory Sameep Mittal
Designation of person Chief Financial Officer
Place Delhi
Date 20-May-2025


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity /subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Wise Travel India Limited WTI Fleet Providers Private Limited Wholly Owned Subsidiary Any other transaction Investment, Loans & Business Activities Ratified 178104000 0 0
2 Wise Travel India Limited WTI Rent A Car LLC Wholly Owned Subsidiary Any other transaction Investment, Loans & Business Activities Ratified 38583000 0 0
3 Wise Travel India Limited Aaveg Management Services Pvt Ltd Group Company Any other transaction Service Charges Ratified 280337000 0 0
4 Wise Travel India Limited Vivek Laroia Managing Director Remuneration Ratified 1193000 0 0
5 Wise Travel India Limited Hema Bisht Director Remuneration Ratified 1116000 0 0
6 Wise Travel India Limited Manish Kumar Sharma Whole Time Director Remuneration Ratified 410000 0 0
7 Wise Travel India Limited Ashok Vashist Chief Operating officer Remuneration Ratified 1250000 0 0
8 Wise Travel India Limited Sudha Vashist Realtive of KMP Remuneration Ratified 2317000 0 0
9 Wise Travel India Limited Pinki Laroia Realtive of KMP Remuneration Ratified 1070000 0 0
10 Wise Travel India Limited Shourya Laroia Realtive of KMP Remuneration Ratified 950000 0 0
11 Wise Travel India Limited Rohit Ohri Promoter Group Remuneration Ratified 265000 0 0
12 Wise Travel India Limited Sameep Mittal Chief Financial Officer Remuneration Ratified 943000 0 0
13 Wise Travel India Limited Shivani Rastogi Company Secretary Remuneration Ratified 423000 0 0
14 Wise Travel India Limited Akhilesh Agarwal Independent Director Any other transaction Sitting Fees Ratified 156000 0 0
15 Wise Travel India Limited Minakshi Mahajan Independent Director Any other transaction Sitting Fees Ratified 195000 0 0
16 Wise Travel India Limited Janardan Prasad Pandey Independent Director Any other transaction Sitting Fees Ratified 221000 0 0
Total value of transaction during the reporting period 507533000





Format for Disclosing Outstanding Default on Loans and Debt Securities
Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
3. Total financial indebtedness of the listed entity including short-term and long-term debt