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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

₹70.16 7.07 (11.21%)

As on 04-Jun'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

₹70.16 7.07 (11.21%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹328 Cr.
Current Price
₹70.2
52-Week Low / High
₹59 / 125
TTM EPS
₹4.2
TTM Sales
₹66.4 Cr.
Book Value per Share
₹22.3
P/E Ratio
16.66
Lower than its 5-year historical median
Industry PE
31.7
Price to Book (P/B)
3.15
Lower than its 5-year historical median
Price to Sales (P/S)
4.95
Lower than its 5-year historical median
EV/EBITDA
19.62
In line with its 5-year historical median
Dividend Yield
1.03%
Profitability Efficiency
Return on Equity (ROE)
23.68%
Outperforms industry median
Return on Capital Employed (ROCE)
31.26%
Outperforms industry median
Return on Assets (ROA)
15.20%
Operating Profit Margin
28.9%
Net Profit Margin
24.99%
Gross Profit Margin
35.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-5.43%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-20.34%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-10.2%
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'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 27%26.9%24.7%26.5%21%-11.6%13%56.2%43.1%31.3%-
Value Creation
Index
0.90.90.80.90.5-1.8-0.13.02.11.2-

Growth Parameters

Sales 42.6454755.555.117.531.376.679.37566
Sales YoY Gr.-5.6%4.5%18%-0.6%-68.2%78.9%144.5%3.5%-5.4%-
Adj EPS 1.11.21.41.71.5-0.90.84.84.53.94.2
YoY Gr.-6.4%16.4%28.2%-13.9%-162.4%NA473.5%-6.5%-13.3%-
BVPS (₹) 5.66.68.19.19.58.69.612.915.618.222.3
Adj Net
Profit
5.15.46.38.17-4.33.922.320.818.120
Cash Flow from Ops. 6.96.48.410.37.3-36.426.620.116-
Debt/CF from Ops. 0.60.50.30.20.3-0.10000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 6.5%6.4%33.8%-5.4%
Adj EPS 15.1%21%66.9%-13.3%
BVPS14%13.9%23.8%16.8%
Share Price 7.4% 10.3% -23% -39.9%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
20.61918.320.116-10.29.142.331.222.820.8
Op. Profit
Mgn %
17.818.720.320.419.2-22.918.638.634.328.915.7
Net Profit
Mgn %
121213.414.612.6-24.812.429.126.324.129.7
Debt to
Equity
0.20.10.100000000
Working Cap
Days
127129783079359190112137146258
Cash Conv.
Cycle
-29-32-25-26-20-10-25-31-37-30167

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales43454755551831777975
Operating Expenses + 35373744452226475253
Manufacturing Costs10911141156141313
Material Costs3446612766
Employee Cost 11121316181113182221
Other Costs 101299105481113
Operating Profit 88101110-46292722
Operating Profit Margin (%) 17.8%18.7%20.2%20.3%19.0%-23.1%18.6%38.5%34.3%28.9%
Other Income + 2222222245
Exceptional Items -0000000001
Interest 0100010000
Depreciation 1222223232
Profit Before Tax 789119-65292925
Tax 23332-11786
Profit After Tax 55687-44222119
PAT Margin (%) 11.5%12.1%13.5%14.7%12.5%-25.0%13.2%29.0%26.3%25.0%
Adjusted EPS (₹)1.11.21.41.71.5-0.90.94.74.54.0
Dividend Payout Ratio (%)28.60%25.80%11.10%45.90%40.70%0%0%34.80%33.60%30%

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'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 26313843454045607385
Share Capital 5555555555
Reserves 22263338403640566881
Debt +3310100000
Long Term Debt3310100000
Short Term Debt0000000000
Minority Interest0000000000
Trade Payables4446333765
Others Liabilities 23211112322527263938
Total Liabilities 5759556080697593118129

Fixed Assets

Net Fixed Assets +18232324292724242430
Gross Block39462630373737384048
Accumulated Depreciation21234681013141518
CWIP 0000000020
Investments 551618201417201935
Inventories1111111111
Trade Receivables2122211121
Cash Equivalents 18141214121316194332
Others Assets 131412171416272728
Total Assets 5759556080697593118129

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 768107-36272016
PBT 789119-65292925
Adjustment 11112211-1-3
Changes in Working Capital 1-001-1103-00
Tax Paid -3-3-2-3-2-00-6-7-6
Cash Flow From Investing Activity + -4-3-6-5-36-5-19-16-7
Capex -5-7-2-3-5-0-0-5-4-8
Net Investments 0-1-5-315-5-15-14-3
Others 1511100124
Cash Flow From Financing Activity + -3-3-3-5-5-2-0-6-7-6
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0-1-1-10-20-000
Interest Paid -0-1-0-0-0-0-0-000
Dividend Paid -2-1-1-3-400-5-7-6
Others -0-0-0-1-1-0-0-000
Net Cash Flow 0-0-00-0012-33

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)19.8819.0518.3320.2115.85-10.319.6742.131.2723.68
ROCE (%)27.0126.8724.7326.4521.04-11.5513.0156.2143.0831.26
Asset Turnover Ratio0.80.780.830.960.780.240.440.910.750.61
PAT to CFO Conversion(x)1.41.21.331.251N/A1.51.230.950.84
Working Capital Days
Receivable Days15.7013.8011.8012.2011.9022.609.305.607.808.10
Inventory Days6.506.2087.306.9020.709.703.904.606
Payable Days458.20358.90343.70312.70277.701,030.80479.10262.30356.50326.50

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 04-Jun-2026 16:59 is ₹70.16.

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 03-Jun-2026 the market cap of Nicco Parks & Resort stood at ₹328.4 Cr

The latest P/E ratio of Nicco Parks & Resort as of 03-Jun-2026 is 16.66.

The latest P/B ratio of Nicco Parks & Resort as of 03-Jun-2026 is 3.15.

The 52-week high of Nicco Parks & Resort is ₹125.0 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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