ABSTRACT The study aimed to improve the nutritional quality of wafers by utilizing fish powder developed from small bony fish at 10%, 20%, and 30% inclusion levels. Quality evaluation of produced wafers in terms of nutritional, physical, sensory, and shelf life characteristics was performed. Results revealed a significant increase (p < .05) in protein (8.07 ± 0.34 to 23.34 ± 0.43 g/100 g), fat (1.08 ± 0.85 to 4.69 ± 0.78 g/100 g), and ash content (3.67 ± 0.47 to 8.33 ± 0.30 g/100 g) of wafers with increased supplementation of fish powder. No significant change in diameter, thickness, or weight per wafer was observed; however, water absorption capacity (212.67 ± 2.52 to 71.67 ± 2.89 ml/100 g), fat absorption capacity (164.00 ± 3.60 to 66.00 ± 5.29 ml/100 g), and linear expansion (139.17 ± 6.16 to 76.40 ± 2.11%) reduced significantly (p < .05) on increasing level of fish powder in the produced wafers. Color analyses revealed a significant decrease in L* (89.57 ± 1.25 to 46.89 ± 1.06) and b* (7.25 ± 0.09 to 18.59 ± 0.8) value and significant increase in a* value (−0.54 ± 0.01 to 3.87 ± 0.03) with increasing fish powder supplementation. There was no significant (p > .05) alteration in sensory attributes of wafers with fish powder incorporation up to 20%. The produced wafers also had good storage stability, with peroxide value, free fatty acid, and total plate count within acceptable limits up to two months of storage.