Wonderla Holidays Ltd Stock Analysis

BSE: 538268 | NSE: WONDERLA | Amusement Parks/Recreation/Club | Small Cap

BSE Share Price 31-Mar-2023 18:02
428.15 3.45 (0.81%)

DeciZen - Make an Informed Decision on Wonderla Holidays

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

Wonderla Holidays Price Chart

P/E Ratio ( SA) :
19.79
Market Cap :
2,421.6 Cr.
52-wk low :
201.1
52-wk high :
467.4
Bole Toh?

1. Is Wonderla Holidays Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Wonderla Holidays Ltd is a average quality company.

2. Is Wonderla Holidays Ltd undervalued or overvalued?

The key valuation ratios of Wonderla Holidays Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Wonderla Holidays Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Wonderla Holidays Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Wonderla Holidays:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Wonderla Holidays Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 27.5%26.2%19.3%15.6%6.1%5.1%7.1%6.3%-6%-1.1%-
Value Creation Index 1.00.90.40.1-0.6-0.6-0.5-0.6-1.4-1.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 13815418220526327128227138.4128386
YoY Gr. Rt. %-11.5%18.4%12.9%28%3%4.2%-4%-85.8%232%-
Adj EPS 89.59.110.66.16.89.89.1-8.9-1.721.6
YoY Gr. Rt. %-18.9%-4.7%16.9%-42.3%11.5%44.3%-7%-197%NA-
BVPS (₹) 28.635.763.171.3131.1136.7144.7151.8143.1141.5161.7
Adj Net Profit 33.639.951.159.834.538.455.451.5-50-9.5122
Cash Flow from Ops. 48.650.255.672.967.884.190.772.7-24.421.4-
Debt/CF from Ops. 0.40.50.30.10.300000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -0.9%-13.5%-23.2%232%
Adj EPS -184.1%-177.3%-155.5%NA
BVPS 19.51.5-0.8-1.1
Share Price - 4.7% 47.3% 75.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 31.429.620.215.865.176.1-6-1.214.3
Op. Profit Mgn % 45.6464541.325.8334138.9-7416.148.3
Net Profit Mgn % 24.42628.129.113.114.219.719-130.2-7.531.7
Debt to Equity 0.20.200000000-
Working Cap Days 3333302002552252492861,7174310
Cash Conv. Cycle -10-8-5-9-10-12-14-1127-230

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 14.30%

Sales growth is good in last 4 quarters at 956.57%

Sales growth has been subdued in last 3 years -23.24%

Net Profit has been subdued in last 3 years -155.53%

Latest Financials - Wonderla Holidays Ltd.

Standalone Consolidated
TTM EPS (₹) 21.6 -
TTM Sales (₹ Cr.) 386 -
BVPS (₹.) 161.7 -
Reserves (₹ Cr.) 858 -
P/BV 2.65 -
PE 19.79 -
From the Market
52 Week Low / High (₹) 201.05 / 467.35
All Time Low / High (₹) 104.95 / 467.35
Market Cap (₹ Cr.) 2,422
Equity (₹ Cr.) 56.6
Face Value (₹) 10
Industry PE 7.8

Management X-Ray of Wonderla Holidays :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Wonderla Holidays

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Wonderla Holidays Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Wonderla Holidays on 31-Mar-2023 18:02 is : 428.1.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Mar-2023 18:02 the market cap of Wonderla Holidays stood at ₹ 2,421.6.
The latest PE ratio of Wonderla Holidays as of 31-Mar-2023 18:02 is 19.79.
The latest PB ratio of Wonderla Holidays as of 31-Mar-2023 18:02 is 2.65
The 52-week high of Wonderla Holidays is ₹ 467.4 and the 52-week low is ₹ 201.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Wonderla Holidays is ₹ 386.4 ( Cr.) .

About Wonderla Holidays Ltd

The company is one of the largest operators of amusement parks in India. It currently owns and operates two amusement parks under the brand name ‘Wonderla’, situated at Kochi and Bangalore and are in the process of setting up its third amusement park in Ranga Reddy District of Andhra Pradesh, Wonderla Hyderabad. The company also owns and operates a resort beside its amusement park in Bangalore under the brand name ‘Wonderla Resort’ which has been operational since March 2012.

The company’s amusement parks offer a wide range of water and land based attractions catering to all age groups. It has 22 water based attractions and 33 land based attractions at Wonderla Kochi, situated on 93.17 acres of land and 20 water based attractions and 35 land based attractions at Wonderla Bangalore, situated on 81.75 acres of land. The company recorded total Footfalls of 23.40 lakhs in Fiscal 2013 and 17.50 lakhs in the nine month period ended December 31, 2013 across its two amusement parks in Kochi and Bangalore. The company’s total Footfalls across the two amusement parks have grown at a CAGR of 7.42% from Fiscal 2011 to Fiscal 2013. The company’s resort operated under the name, Wonderla Resort, is a ‘Three Star’ leisure resort located beside its amusement park in Bangalore comprising of 84 luxury rooms, with amenities including banquet halls, a board room, conference rooms, a multi-cuisine restaurant, a solar heated swimming pool, recreation area, kids’ activity centre and a well equipped gym. Further, for setting up its proposed amusement park in Ranga Reddy District of Andhra Pradesh, the company has acquired 49.57 acres of land.

The company’s Promoter, Kochouseph Chittilappilly in the year 1996 had incorporated V-Guard Industries, Wonderla’s Group Company, which is listed on BSE and NSE since 2008. The company’s Promoters launched its first amusement park in Kochi in the year 2000, by the name ‘Veegaland’ and the second amusement park in Bangalore in the year 2005, by the name ‘Wonderla’. Pursuant to a scheme of amalgamation the erstwhile ‘Veega Holidays and Parks Private Limited’ which owned and operated ‘Veegaland’, merged with the company with effect from April 1, 2008 and consequently both of its amusement parks are being operated under the name ‘Wonderla’.

Awards and Accreditations

  • 2001-02: Wonderla Kochi was awarded the Kerala State Tourism Award by the Kerala State Tourism Department in the category of Award for Excellence in Tourism for the Individual/ Agency who has implemented the Most Eco-Friendly Tourism Project.
  • 2001-02: Wonderla Kochi secured the First Place and was awarded the Certificate of Merit by Kerala State Pollution Control Board in the category Medium Scale Industries for making a substantial and sustained effort in pollution control in the year 2001.
  • 2003-04: Wonderla Kochi secured the First Position and was awarded the Certificate of Merit by the Kerala State Productivity Council among Service Organizations in the FACT-M.K.K. Nayar Memorial Productivity Competition.
  • 2004-05: Wonderla Kochi secured the Second Position and awarded the Certificate of Merit by the Kerala State Productivity Council among Service Organizations in the FACT-M.K.K. Nayar Memorial Productivity Competition.
  • 2008-09: Wonderla Kochi was awarded the National Award for Excellence by Indian Association of Amusement Parks & Industries.
  • 2008-09: Wonderla Bangalore was named Winner and awarded the National Award Certificate for Excellence by Indian Association of Amusement Parks & Industries.
  • 2009-10: Wonderla Bangalore was named Winner and awarded the National Awards for Excellence by Indian Association of Amusement Parks & Industries in the category of Total Number and Variety of Rides.
  • 2009-10: Wonderla Kochi was named Winner and awarded the National Award for Excellence by the Indian Association of Amusement Parks & Industries in the category of Park Operators - Small City - Most Innovative Ride for ‘Spinning’.
  • 2010-11: Wonderla Kochi was awarded the State Tourism Award by the Department of Tourism, Government of Kerala in the category of Best Tourist Destination in Kerala.
  • 2011-12: The company was awarded the National Award for Excellence by Indian Association of Amusement Parks & Industries in the category of Wet Rides for ‘Rain Disco’.
  • 2011-12: Wonderla Kochi was awarded the State Tourism Award by the Department of Tourism, Government of Kerala in the category of Most Innovative use of Information Technology in the Field of Tourism.
  • 2012-13: Wonderla Kochi was named Winner and awarded the National Award for Excellence by the Indian Association of Amusement Parks & Industries in the category of Most Innovative Ride and Attractions.
  • 2012-13: Wonderla Kochi was awarded the State Tourism Award by the Department of Tourism, Government of Kerala in the category of Best Tourist Destination in Kerala.
  • 2013-14: Wonderla Kochi was named Winner and awarded the National Award for Excellence by the Indian Association of Amusement Parks & Industries in the category of Total number and variety of rides.
  • 2013-14: Wonderla Kochi was named Runner Up and awarded the National Award for Excellence by the Indian Association of Amusement Parks & Industries in the category of Print Media.

History of the company

2005: The company’s amusement park by the name ‘Wonderla’ began commercial operations in Bangalore, Karnataka.

2008: Wonderla Kochi and Wonderla Bangalore were certified by the Bureau Veritas Certification (India) Private Limited for meeting the ISO 14001:2004 standards and the BS OHSAS 18001:2007 standards for the operation and maintenance of land and water based rides/attractions including related amenities.

2009: Pursuant to a scheme of amalgamation approved by the High Court of Karnataka and the High Court of Kerala through orders dated September 11, 2009 and September 25, 2009, respectively, the erstwhile ‘Veega Holidays and Parks Private Limited’ which owned and operated ‘Veegaland’, merged with the company with effect from April 1, 2008 and consequently both of its amusement parks are being operated under the name ‘Wonderla’.

 

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