What we do Wonder Electricals Ltd manufactures and supplies a wide range of fans, including ceiling, exhaust, pedestal, and BLDC fans, serving major Indian brands and international markets. |
Founded in 2,009 |
Market share Among India's leading fan manufacturers with a strong presence supplying to over 10 top brands; expanding capacity to 12 million units annually. |
Problem solved Provides energy-efficient and durable electric fans addressing consumer and industrial cooling needs with advanced technology like BLDC motors. |
Top clients or who we serve Supplies major Indian fan brands (B2B) and exports to Gulf and neighboring countries; focuses on OEM/ODM production. |
Key management - |
Our journey and innovations Started in 2009, went public in 2019, expanded manufacturing and product portfolio, introduced BLDC fans and heaters, and enhanced backward integration for quality control. |
Where we operate Operates mainly in India with manufacturing facilities in Roorkee, Haridwar, Hyderabad, and exports to Gulf and neighboring countries. |
Top products or what we offer Ceiling fans, exhaust fans, pedestal fans, BLDC fans, electric heaters, ventilating fans, and kettles. |
Top brands Manufactures fans under clients' popular brand names; known for BLDC and energy-efficient ceiling and exhaust fans. |
Raw materials needed Copper, metal sheets, plastic components, electrical parts, and PCB cards for fan components. |
Raw materials supplier Sourced through established vendor network supporting backward integration; specific names not disclosed. |
Recurring vs cyclical contribution Revenue mostly cyclical, tied to home construction and consumer demand cycles, with growing base in electric fans and appliances. |
Our industry position Strong growth with a 57% revenue increase in FY25, ROE of 18.4%, and one of India's largest fan manufacturers. |
Financial highlights FY25 revenue Rs 894.5 Cr, PAT Rs 19.02 Cr; 57% YoY revenue growth; EBITDA Rs 38.76 Cr; ROE 18.4%. |
Geographical revenue split Primarily domestic Indian market with export presence in Gulf and neighboring countries; exact split not disclosed. |
Order book - |
Whats driving growth Rising urbanization, government housing projects, demand for energy-efficient fans, portfolio expansion, and better operational efficiencies. |
Our future plans Capacity expansion, diversification into heaters and appliances, increasing BLDC fan production, and entering new international markets. |
Our green promise Focuses on energy-efficient products like BLDC fans reducing power consumption; ISO 14001 certified manufacturing facilities. |
Our people and values Around 12 directors with committed senior management; emphasizes corporate governance and employee welfare; diversity initiatives ongoing. |
Key challenges ahead Market competition, commodity price volatility, supply chain risks, and continually adapting to technological changes in fan motors. |
Interesting facts Manufactures up to 40,000 fans daily with complete backward integration; transitioned from SME to main board on NSE & BSE in 2022. |
Risks and strategy Mitigates supply risks via backward integration, leverages innovation in energy-efficient fans, and focuses on expanding client base and diversified product portfolio. |
