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 Consolidated
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


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 Consolidated Consolidated
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 3049476000 5485890000
Other income 35363000 58815000
Total Income 3084839000 5544705000
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 229622000 395785000
(e) Finance costs 37840000 67447000
(f) Depreciation and amortisation expense 151630000 215573000
(g) Other Expenses
1 Operating Expenses 2366087000 4337533000
2 Other Expenses 128523000 216534000
Total other expenses 2494610000 4554067000
Total expenses 2913702000 5232872000
3 Profit before exceptional and extraordinary items and tax 171137000 311833000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax 171137000 311833000
6 Extraordinary items 0 0
7 Profit before tax 171137000 311833000
8 Tax Expense
Current tax 41649000 71591000
Deferred tax -957000 6780000
Total tax expenses 40692000 78371000
9 Net Profit Loss for the period from continuing operations 130445000 233462000
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 130445000 233462000
14 Share of profit (loss) of associates 0 0
15 Profit (loss) of minority interest 0 0
16 Net profit (Loss) for the period 130445000 233462000
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 1481602000
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 5.48 9.8
Diluted earnings (loss) per share from continuing and discontinued operations 5.48 9.8
20 Debt equity ratio 0.0061 0.0061
21 Debt service coverage ratio 0.0953 0.0882
22 Interest service coverage ratio 0.0552 0.0562
23 Disclosure of notes on financial results Textual Information(1)


Text Block
Textual Information(1) Notes to the Audited Consolidated Financial Results for the half-year and year ended March 31, 2025 The above Consolidated 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. 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. 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. The company operates in only one segment, namely RentACab. Therefore, no segment reporting is applicable. 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. 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 7,300.00 General Corporate Expenses 800.00 To Meet the Issue Expenses 1,368.27 Total IPO Proceeds 9,468.37 Add Interest Income on Fixed Deposit 239.36 Less Utilization 9,697.63 Balance IPO Proceeds yet to be utilized 10.00 Pursuant to the provisions of Section 522c of the Companies Act, 2013, the entire expenses incurred for issuing shares through the IPO have been netted off from the Securities Premium Account. Following subsidiary companies have been considered in the preparation of the consolidated financial statement in accordance with AS 21. Name of the Company Relationship Country of Incorporation Holding and voting power either directly or indirectly through subsidiary March 31, 2025 WTI Fleet Providers Private Limited Subsidiary India 99.99 PT WTI Trading and Mining Ventures Subsidiary Indonesia 99 WTI Rent A Car LLC Subsidiary Dubai 100


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 Consolidated
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax 311833000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 0
Adjustments for depreciation and amortisation expense 215573000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for unrealised foreign exchange losses gains -178000
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 -1447000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 213948000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables -569360000
Adjustments for decrease (increase) in other current assets -117793000
Adjustments for increase (decrease) in trade payables 182811000
Adjustments for increase (decrease) in other current liabilities 74648000
Adjustments for provisions -8506000
Total adjustments for working capital -438200000
Total adjustments for reconcile profit (loss) -224252000
Net cash flows from (used in) operations 87581000
Dividends received 0
Interest paid -50312000
Interest received -51503000
Income taxes paid (refund) 84339000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items 2051000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities 2051000
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 0
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 5641000
Purchase of property plant and equipment 722776000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 263000
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 36276000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 405000000
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -276122000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -276122000
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 519242000
Repayments of borrowings 0
Dividends paid 0
Interest paid 39771000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -26277000
Net cash flows from (used in) financing activities before extraordinary items 453194000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 453194000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 179123000
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 179123000
Cash and cash equivalents cash flow statement at beginning of period 172841000
Cash and cash equivalents cash flow statement at end of period 351964000


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 Consolidated
Equity and liabilities
1 Shareholders' funds
Share capital 238118000
Reserves and surplus 1481602000
Money received against share warrants 0
Total shareholders' funds 1719720000
2 Share application money pending allotment 0
3 Deferred government grants 0
4 Minority interest 0
5 Non-current liabilities
Long-term borrowings 758975000
Deferred tax liabilities (net) 0
Foreign currency monetary item translation difference liability account 0
Other long-term liabilities 60968000
Long-term provisions 17154000
Total non-current liabilities 837097000
6 Current liabilities
Short-term borrowings 294959000
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 139992000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 587096000
Total Trade payable 727088000
Other current liabilities 212722000
Short-term provisions 3348000
Total current liabilities 1238117000
Total equity and liabilities 3794934000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 1114371000
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 1114572000
ii Non-current investments 90125000
v Deferred tax assets (net) 9944000
vi Foreign currency monetary item translation difference asset account 0
vii Long-term loans and advances 32746000
viii Other non-current assets 154735000
Total non-current assets 1402122000
Current assets
Current investments 0
Inventories 0
Trade receivables 1422317000
Cash and cash equivalents 769834000
Bank balance other than cash and cash equivalents 0
Short-term loans and advances 119034000
Other current assets 81627000
Total current assets 2392812000
Total assets 3794934000
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 Consolidated Consolidated
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