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Nicco Parks & Resorts Ltd (526721)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526721 NSE: Amusement Parks/Recreation/Club | Small Cap | Nicco Parks & Resort Share Price

₹80 -0.50 (-0.62%)

As on 02-Jul'26 16:59

Nicco Parks & Resorts Ltd (526721)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526721 NSE: Amusement Parks/Recreation/Club | Small Cap | Nicco Parks & Resort Share Price

₹80 -0.50 (-0.62%)

As on 02-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹374 Cr.
Current Price
₹80
52-Week Low / High
₹59 / 122
TTM EPS
₹4.2
TTM Sales
₹66.4 Cr.
Book Value per Share
₹22.3
P/E Ratio
19.00
Lower than its 5-year historical median
Industry PE
33.6
Price to Book (P/B)
3.60
Lower than its 5-year historical median
Price to Sales (P/S)
5.64
Lower than its 5-year historical median
EV/EBITDA
22.69
Higher than its 5-year historical median
Dividend Yield
1.56%
Profitability Efficiency
Return on Equity (ROE)
20.81%
Outperforms industry median
Return on Capital Employed (ROCE)
29.12%
Outperforms industry median
Return on Assets (ROA)
13.47%
Operating Profit Margin
15.7%
Net Profit Margin
29.7%
Gross Profit Margin
22.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-11.56%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-51.94%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
5.12%
Asset Quality
Promoter Holding
69.44%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹99 Cr.
Equity
₹4.7 Cr.
Face Value
₹1
All Time Low / High
₹0.36 / 176.00

Nicco Parks & Resorts stock performance

Key Ratios
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Check Before You Invest

Valuation

Fair

Price Trend

Weak
Q.1 Is Nicco Parks & Resorts Ltd a good quality company?
Nicco Parks & Resorts Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Nicco Parks & Resorts Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Nicco Parks & Resorts Ltd vs industry peers?
Nicco Parks & Resorts Ltd revenue CAGR is 6.37%, compared to the industry median CAGR of 6.37%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Nicco Parks & Resorts Ltd?
Promoters hold 69.44% of the Nicco Parks & Resorts Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Nicco Parks & Resorts Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 9.2% based on the current price.

10 Year X-Ray :

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.
Nicco Parks & Resorts Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 26.9%24.7%26.5%21%-11.6%13%56.2%43.1%31.3%29.1%-
Value Creation
Index
0.90.80.90.5-1.8-0.13.02.11.21.1-

Growth Parameters

Sales 454755.555.117.531.376.679.37566.466
Sales YoY Gr.-4.5%18%-0.6%-68.2%78.9%144.5%3.5%-5.4%-11.6%-
Adj EPS 1.21.41.71.5-0.90.84.84.53.91.94.2
YoY Gr.-16.4%28.2%-13.9%-162.4%NA473.5%-6.5%-13.3%-51.3%-
BVPS (₹) 6.68.19.19.58.69.612.915.618.222.322.3
Adj Net
Profit
5.46.38.17-4.33.922.320.818.18.820
Cash Flow from Ops. 6.48.410.37.3-36.426.620.1167.4-
Debt/CF from Ops. 0.50.30.20.3-0.100000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 4.4%30.5%-4.7%-11.6%
Adj EPS 5.5%NA-26.6%-51.3%
BVPS14.5%20.9%19.9%22.1%
Share Price 9.1% 13.3% -15.7% -30.4%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
1918.320.116-10.29.142.331.222.89.318.9
Op. Profit
Mgn %
18.720.320.419.2-22.918.638.634.328.915.715.7
Net Profit
Mgn %
1213.414.612.6-24.812.429.126.324.113.329.7
Debt to
Equity
0.10.1000000000
Working Cap
Days
129783079359190112137146201258
Cash Conv.
Cycle
-32-25-26-20-10-25-31-37-30-22167

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales45475555183177797566
Operating Expenses + 37374445222647525356
Manufacturing Costs91114115614131313
Material Costs4466127666
Employee Cost 12131618111318222122
Other Costs 129910548111315
Operating Profit 8101110-4629272210
Operating Profit Margin (%) 18.7%20.2%20.3%19.0%-23.1%18.6%38.5%34.3%28.9%15.7%
Other Income + 2222222455
Exceptional Items 00000000115
Interest 1000100000
Depreciation 2222232323
Profit Before Tax 89119-6529292528
Tax 3332-117868
Profit After Tax 5687-4422211920
PAT Margin (%) 12.1%13.5%14.7%12.5%-25.0%13.2%29.0%26.3%25.0%29.7%
Adjusted EPS (₹)1.21.41.71.5-0.90.94.74.54.04.2
Dividend Payout Ratio (%)25.80%11.10%45.90%40.70%0%0%34.80%33.60%30%29.70%

Valuation of Nicco Parks & Resort - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 313843454045607385104
Share Capital 5555555555
Reserves 26333840364056688199
Debt +3101000000
Long Term Debt3101000000
Short Term Debt0000000000
Minority Interest0000000000
Trade Payables4463337656
Others Liabilities 21111232252726393854
Total Liabilities 59556080697593118129164

Fixed Assets

Net Fixed Assets +23232429272424243030
Gross Block46263037373738404849
Accumulated Depreciation23468101314151820
CWIP 00000002017
Investments 5161820141720193540
Inventories1111111111
Trade Receivables1222111214
Cash Equivalents flag 14121412131619433235
Others Assets 141217141627272838
Total Assets 59556080697593118129164

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 68107-362720167
PBT 89119-6529292528
Adjustment 1112211-1-3-17
Changes in Working Capital -001-1103-005
Tax Paid -3-2-3-2-00-6-7-6-9
Cash Flow From Investing Activity + -3-6-5-36-5-19-16-74
Capex -7-2-3-5-0-0-5-4-8-18
Net Investments -1-5-315-5-15-14-319
Others 5111001243
Cash Flow From Financing Activity + -3-3-5-5-2-0-6-7-6-7
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -1-1-10-20-0000
Interest Paid -1-0-0-0-0-0-000-0
Dividend Paid -1-1-3-400-5-7-6-7
Others -0-0-1-1-0-0-0000
Net Cash Flow -0-00-0012-335

Financial Ratio

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)19.0518.3320.2115.85-10.319.6742.131.2723.6820.81
ROCE (%)26.8724.7326.4521.04-11.5513.0156.2143.0831.2629.12
Asset Turnover Ratio0.780.830.960.780.240.440.910.750.610.45
PAT to CFO Conversion(x)1.21.331.251N/A1.51.230.950.840.35
Working Capital Days
Receivable Days13.8011.8012.2011.9022.609.305.607.808.1013.30
Inventory Days6.2087.306.9020.709.703.904.6066.60
Payable Days358.90343.70312.70277.701,030.80479.10262.30356.50326.50350.10

Management X-Ray

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Nicco Parks & Resorts Ltd FAQs

The current trading price of Nicco Parks & Resort on 02-Jul-2026 16:59 is ₹80.00.

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 01-Jul-2026 the market cap of Nicco Parks & Resort stood at ₹374.4 Cr

The latest P/E ratio of Nicco Parks & Resort as of 01-Jul-2026 is 19.00.

The latest P/B ratio of Nicco Parks & Resort as of 01-Jul-2026 is 3.60.

The 52-week high of Nicco Parks & Resort is ₹122.0 and the 52-week low is ₹59.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Nicco Parks & Resort is ₹66.35 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Nicco Parks & Resorts Ltd is a good quality company.

The key valuation ratios of Nicco Parks & Resorts Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Nicco Parks & Resorts Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Nicco Parks & Resorts Ltd

Nicco Parks and Resorts (NPRL) was incorporated on March 17, 1989.The Company was set up as a joint sector company with Nicco Corporation (a well-diversified business conglomerate of Rs. 5000 million) and the Government of West Bengal represented by West Bengal Industrial Development Corporation (WBIDC) and West Bengal Tourism Development Corporation Limited (WBTDC). Securities of the company are listed with the stock exchanges and the company has been paying dividend during last ten consecutive years.

NPRL was incorporated with the prime objective of providing educative entertainment and wholesome recreation for the entire family simultaneously promoting tourism. NPRL presents a complete leisure package in an eco-friendly atmosphere with thrilling rides, eateries, exclusive landscaping, and indoor sports. This amusement park offers all kinds of entertainment under one roof and handles its offerings with professional élan.

The 40 acre park in Kolkata, set up with technical advice from Blackpool Leisure and Amusement Consultancy Ltd., UK, was inaugurated on October 13, 1991.

At present the park has 25 major attractions along with an international standard indoor sports complex with bowling, pool and air hockey and an up – market restaurant cum bar. The multi - cuisine food court in the park houses the leading restaurants of Kolkata.

Crossing international frontiers, NPRL today is proactively involved in providing technical consultancy, manufacturing and supplying of rides for large amusement parks, both in India and abroad. NPRL has set up amusement parks within India in Jamshedpur and Bhubaneshwar and in neighboring countries like Bangladesh and Sri Lanka and other international locations like the UAE and UK and have gained immense popularity.

The Company is recognized as a pioneer in offering family entertainment. It extends overall technical consultancy for setting up amusement parks and supplies ride components under technical collaboration from Blackpool Leisure & Amusement consultancy limited, UK. Currently it is working with an UAE based amusement park to upgrade their existing facilities / rides and provide consultancy services for future expansions and cost reduction exercises. Other than supply of rides components to UK, Germany and Japan various new projects are presently under implementation in Bangladesh & UK.

Business area of the company:

At Nicco Park, it offers a wide range of rides and facilities, which the company manufacture in addition to setting up the operation of Amusement or Water Parks on turnkey basis.

The company is associated with TUV, India (affiliated to TUEV, Germany) who commission an annual inspection of all its major rides along with manufacturing inspections for the new rides based on approved quality assurance plans.

The company can offer overall consultancy to set-up and run Theme Parks successfully

Achievements/ recognition:

  • Achieved the rare distinction of becoming the first Amusement Park in the world to obtain ISO 9001 - 2000 Quality Management System Certification and ISO 14001
  • Environment Management System Certification from well-known European Certifying Authority
  • Received the coveted 'Business Excellence Award' in Total Quality Management Contest conducted by CII - Eastern Region on the Malcolm Baldrige Model
  • Received The Environmental Excellence Award from the provincial Government of West Bengal in 2004
  • Received the Export Excellence Award from the engineering export promotion council of India in 2005
  • OHSAS 18001 on Health & Safety
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