Chairperson & Managing Director
Our commitment to quality and safety remains a cornerstone of our
operations. The achievement of the 11-digit Registration No. by the USFDA for exporting
Ready-to-Eat products to the USA, along with the attainment of the FSSC 22000
Certification, underscores our adherence to the highest international standards.
Dear Esteemed Shareholders,
As we reflect on the past year, Wardwizard Foods and Beverages Limited
has navigated significant challenges and transformations. Despite the hurdles faced in
FY24, our commitment to strengthening our business model, enhancing our processing
capabilities, and driving innovation in product development, marketing, and branding has
remained unwavering. Our focus on medium- and long-term growth strategies positions us to
seize future opportunities and deliver sustainable value.
Innovations and Product Launches
Our recent product launches, such as the QuikShef Spice Range and WOL
Energy Drink, are designed to meet evolving consumer preferences and deliver enhanced
culinary experiences. These innovations are a testament to our dedication to maintaining a
diverse portfolio that appeals to a broad range of tastes and preferences, ensuring we
remain at the forefront of the F&B industry.
Building for the Future
In addition to our product innovations, we have pursued strategic
partnerships and investments to bolster our growth. Our Memorandum of Understanding with
the Government of Gujarat, committing to a substantial Rs 500 Crore investment, highlights
our resolve to drive economic growth and create 750 employment opportunities within the
state. This initiative reflects our forward-looking approach and our belief in the
long-term potential of our business.
Quality and Safety: Upholding the Highest Standards
Our commitment to quality and safety remains a cornerstone of our
operations. The achievement of the 11-digit Registration No. by the USFDA for exporting
Ready-to-Eat products to the USA, along with the attainment of the FSSC 22000
Certification, underscores our adherence to the highest international standards. These
milestones reinforce our reputation for delivering safe, high-quality products.
A Vision of Innovation and Inclusive Growth
Our vision remains focused on innovation, sustainability, and
partnership as we move forward. Our digital transformation efforts are reshaping our
approach to supply chain management, customer engagement, and market expansion,
positioning us to better serve our customers and stakeholders. We are confident that these
initiatives will drive our future growth and success.
We are particularly proud of our efforts to empower women through
initiatives like #SheVentures. By fostering gender equality and supporting women's
self-reliance, we aim to build a more inclusive and dynamic workforce. These efforts are
integral to our growth strategy and contribute to a more robust and innovative
organisation.
Future Outlook
We understand that the path to success is not without its challenges.
However, we believe that our focus on medium- and long-term goals, combined with our
resilient business model and a recipe for everlasting taste, will propel us forward. We
thank our dedicated team, valued consumers, and esteemed partners for their unwavering
support and contributions. Together, we are poised to continue our journey as trailblazers
of innovation, quality, and responsibility in the F&B industry.
Thank you for your continued trust and support.
Sincerely,
Sheetal Mandar Bhalerao
Chairperson & Managing Director