WONDERLANSEWonderla Holidays LimitedMediumNeutral
Announced Fri, 15 May · 10:31 IST

Wonderla Holidays Limited has informed the Exchange about Transcript

Mgmt Guided Margin ImprovementPromoter Disclosed Acquisition PlansInvestor Communications View source PDF

WONDERLA · price

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AI summary

Wonderla Holidays reported its highest ever Q4 with income of INR142 crore (up 32% Y-o-Y) and EBITDA of INR50 crore (up 64% Y-o-Y). For FY '26 full year, income grew 14% Y-o-Y to INR551.1 crore with EBITDA of INR192.5 crore (up 12% Y-o-Y). The newly opened Chennai Park has scaled well and is already contributing meaningfully with 30% EBITDA margins in its first full quarter. Management is optimistic about FY '27 with full-year contribution from Chennai and plans to maintain A&P spend at 7-8% of revenue. Sustaining capex guidance for FY '27 is INR35-40 crore. The company is in discussions with 4 state governments for new park expansions in Tier 1 cities and aims to add at least 5 more parks over the long term, hoping to close 1-2 deals this year. Non-ticket revenue is currently 30% of total revenue with target to reach 50% in 4-5 years as the company focuses on premiumization.

Likely market impact

Strong quarter with new Chennai Park ramping up well. Management guided margin improvement expected as Chennai matures to 40%+ EBITDA margins. Expansion pipeline remains strong but timing in Tier 1 cities remains uncertain due to regulatory and land acquisition complexities.