Wonderla Holidays
Stock Snapshot
Price Performance
Vista Outlook
View Technicals Analysis →Basis of our Recommendation
Wonderla Holidays is strategically positioned for growth, driven by the successful ramp-up of its new Chennai Park and plans for aggressive expansion. Management's positive outlook, projecting a 21% CAGR in revenues over FY26-28, is supported by a focus on enhancing non-ticket revenues and integrating hospitality offerings. However, the company faces challenges from inflationary pressures and potential delays in park launches, which could impact footfalls. Vista's financial outlook reflects stable revenue growth, although margins are expected to remain under pressure. The hospitality sector's improving pricing power and the shift towards domestic tourism provide a favorable backdrop for Wonderla's growth strategy. Over the next 12-24 months, key opportunities include the maturation of the Chennai Park and the addition of new parks, while watchpoints include economic slowdowns and unseasonal weather affecting attendance. Overall, Wonderla's commitment to operational excellence and diversified revenue streams positions it well for long-term growth, despite the cyclical nature of the industry
Why We Like This Stock
- Successful ramp-up of the Chennai Park is expected to significantly boost footfalls and revenue
- Management's focus on expanding non-ticket revenues aims for a balanced revenue model, enhancing overall financial performance
- The hospitality sector's improving pricing power and shift towards domestic tourism present favorable growth conditions
Things To Watch Out For
- Inflationary pressures may impact margins and consumer discretionary spending
- Potential delays in park launches and unseasonal weather could hinder attendance and revenue growth
- Market uncertainties and economic slowdowns pose risks to achieving projected growth targets
Key Parameters
Financial Snapshot
| Actuals | Forecast | ||||
|---|---|---|---|---|---|
| FY24 | FY25 | FY26 | FY27 | FY28 | |
| Revenue (Cr.) | 483 | 459 | 519 | 620 | 669 |
| Profit Before Tax (Cr.) | 200 | 109 | 112 | 117 | 131 |
| PBT Margin | 41.5% | 23.8% | 2166.1% | 18.8% | 19.6% |
| Net Profit (Cr.) | 148 | 81 | 87 | 90 | 100 |
| Earnings Per Share | 23.3 | 12.7 | 13.7 | 14.2 | 15.8 |
Analyst Recommendations
| Broker | Recommendation | Target Price | Date |
|---|---|---|---|
| ICICI Securities | ▲ Buy | 507 | 10-May-2026 |
Company Overview
Show Company Profile
Wonderla Holidays Limited operates amusement parks and resorts in India. The company operates through Amusement Parks and Resort, and Others segments. It also offers various land and water rides. In addition, it sells merchandise, cooked food, packed foods, beverages, etc. Further, the company operates restaurants, banquet halls, food courts, lounge bar, and hotel rooms. Wonderla Holidays Limited was founded in 2000 and is based in Bengaluru, India.