Wonder Fibromats Limited
WFL.NS
National Stock Exchange of India269.50
INR
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Wonder Fibromats Limited
WFL.NS
(National Stock Exchange of India)
Recent
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269.50
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Wonder Electricals Limited, formerly known as Wonder Fibromats Limited until December 2022, is a manufacturer and supplier of electric fans and related electrical products headquartered in Roorkee, Uttarakhand, India. The company’s core products include a range of ceiling fans, pedestal fans, exhaust fans, brushless DC (BLDC) fans, table fans, ventilating fans, and TPW fans. It also manufactures heaters and electric kettles as part of its expanding product portfolio. Wonder Electricals offers both original design manufacturing (ODM) and original equipment manufacturing (OEM) services, catering primarily to the fan manufacturing industry in India with an increasing footprint through exports. The company operates a state-of-the-art manufacturing facility strategically located in the Raipur Industrial Area, Bhagwanpur, Roorkee, and an additional manufacturing plant acquired in 2024 at Sidcul Haridwar, Uttarakhand. Founded in 2009 as Wonder Fibromats Private Limited and converted to a public limited company with the name Wonder Fibromats Limited in 2018, the company adopted its current name following its migration to the main board of the NSE and BSE stock exchanges in late 2022. Wonder Electricals reported operational revenue of approximately INR 570 crore in fiscal year 2024 with EBITDA growth driven by the expansion into BLDC fan production and new product categories such as heaters. It sold over 5.6 million fans in FY24. The firm’s recent strategic developments include the acquisition of the Sidcul Haridwar manufacturing plant through a slump sale in 2024, broadening of its product range to include new energy-efficient and smart home-compatible fans, and strengthening its vendor network to support growing production capacity. The company targets commercial, residential, and industrial markets across India, with export operations contributing to its geographical reach. Wonder Electricals Limited aims to leverage increasing market demand for energy-efficient fans and appliances by continuing innovation in BLDC technology and diversified product offerings. It maintains a robust presence in organized and expanding segments of the Indian fan and electrical appliance market, emphasizing durability, energy efficiency, and aesthetic design in its products. The company is supported by a workforce of approximately 1,500 employees and holds ISO 9001:2008 certification for quality management standards. Its shareholding remains predominantly promoter-controlled with strategic expansions and capacity enhancements underway to sustain growth momentum in a competitive industry landscape. This comprehensive operational and strategic positioning places Wonder Electricals Limited as a significant player in India’s electrical fan and appliance manufacturing sector with a focus on scaling production and capturing emerging market opportunities domestically and internationally.