Wonderla Holidays Ltd. News and Updates

Name: Latest research reports of Wonderla Holidays Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Wonderla Holidays Ltd.
Rating: 3
Author: ICICI Securities Limited

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Wonderla Holidays Ltd.

16 Mar 2020

582.75

0.28%

Coronavirus pandemic | Wonderla Holidays to temporarily close Hyderabad park

Moneycontrol

The decision, it said, has been taken in accordance with the safety and pre-cautionary guidelines outlined by the state government to prevent and contain the spread of new coronavirus (Covid-19).

Wonderla Holidays Ltd. has lost -35.76% in the last 1 Year

Wonderla Holidays to temporarily close Hyderabad park amid Covid-19 outbreak

Business Line | 16 Mar 2020

Wonderla Holidays Ltd.

14 Aug 2019, 12:00AM

582.75

0.28%

Wonderla Holidays

Hold: Wonderla Holidays Ltd.

Recommendation

ICICI Securities Limited

Wonderla Holidays Ltd. has lost -35.76% in the last 1 Year

Wonderla Holidays Ltd.

13 Aug 2019

582.75

0.28%

Wonderla

Hold: Wonderla Holidays Ltd.

Sharekhan

Wonderla Holidays Limited (Wonderla) reported strong operating performance in Q1FY2020 with revenue and PAT growing by ~13% and ~28%, respectively, in Q1FY2020. Footfalls grew by 8% with the Bangalore and Kochi parks seeing a rise of 9% and 12% respectively, in footfalls in a seasonally strong quarter. Higher footfalls and operating efficiencies helped operating margins (OPM) expand by 298 bps to 58.3%. The company has acquired 62 acres in Kelambakkam, Chennai for its fourth park and work will begin once regulatory approvals come in....

Wonderla Holidays Ltd. has an average target of 777.00 from 2 brokers.

Wonderla Holidays Ltd.

13 Aug 2019

582.75

0.28%

Wonderla Holidays

Buy: Wonderla Holidays Ltd.

Target

ICICI Securities Limited

Wonderla Holidays Ltd. is trading below all available SMAs

Wonderla Holidays Ltd.

13 Aug 2019

582.75

0.28%

Wonderla

Buy: Wonderla Holidays Ltd.

Target

Dolat Capital

View: Footfall growth expected to continue. Maintain Accumulate Wonderla posted good set of numbers in Q1FY20. Revenue grew 13.2% YoY, driven by 8.2% YoY growth in footfalls and a 4.1% rise in ARPU. Ticket revenue grew by 14% & non ticket revenue grew by 11% in Q1FY20. While Kochi and Bangalore park registered double digit revenue growth, Hyderabad park revenue was restricted due to lower footfalls on account of extreme weather conditions. We have revised our estimates marginally to factor in Q1 performance. Valuing the stock at 20x FY21E PE to arrive at a...

Wonderla Holidays Ltd. has lost -35.76% in the last 1 Year

Wonderla Holidays Ltd.

20 May 2019

582.75

0.28%

Wonderla Holidays

Buy: Wonderla Holidays Ltd.

Target

ICICI Securities Limited

Footfall growth in single digit; expect recovery in FY20E Wonderla faced challenges in its Kochi Park due to Nipah virus and the floods significantly impacting the business. This led to a 14.1% dip in the footfalls at the Kochi Park, down from 8.8 lakh in FY18 to 7.6 lakh in FY19. This drag overshadowed the double digit footfall growth of Bangalore and Hyderabad Park, thus ending FY19 at 1% footfall growth rate. During Q4FY19, Bangalore Park's footfalls grew by 10.4% while those of Kochi and Hyderabad staged a 4.8% growth each. Going ahead with the initiatives by...

Wonderla Holidays Ltd. is trading below all available SMAs

Wonderla Holidays Ltd.

17 May 2019

582.75

0.28%

Wonderla

Buy: Wonderla Holidays Ltd.

Target

Dolat Capital

View: Footfall growth expected to continue. Maintain Accumulate Wonderla posted good set of numbers in Q42019. Revenue grew 10.4% YoY, driven by a 6.8% YoY growth in footfalls and a 2.6% rise in ARPU. Kochi park has stabilized after the floods. All three parks witnessed positive trend in top-line and footfall growth in Q4. However, the overall footfall growth during the quarter was restricted by festive season shift to Q1FY20 (vs Q4 last year) and delayed school vacations. We have revised our estimates marginally to factor in Q4 performance. Valuing the stock at 12x FY20E...

Wonderla Holidays Ltd. is trading below all available SMAs

Wonderla Holidays Ltd.

29 Jan 2019

582.75

0.28%

Wonderla Holidays

Buy: Wonderla Holidays Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research TTK reported robust revenue growth (net of discounts) of 20.5% YoY to | 552.0 crore (I-direct estimate: | 549.9 crore). The healthy growth can be attributed to buoyant consumer sentiment and a shift of the festive season. Domestic sales grew 23% YoY to | 588 crore while exports grew 14.4% YoY to | 9.6 crore EBITDA margins for the quarter expanded 100 bps YoY to 15.5% (Idirect estimate: 14.5%) mainly on account of a favourable product mix and lower other expenses. Higher employee expenses (up 30%...

Wonderla Holidays Ltd. has lost -35.76% in the last 1 Year

Wonderla Holidays Ltd.

01 Nov 2018

582.75

0.28%

Wonderla Holidays Ltd. - Q2FY19 Result Update - Missed the ride

Buy: Wonderla Holidays Ltd.

Target

Religare

Wonderla Holidays posted disappointing numbers for Q2FY19, below our expectation. Its net revenue decreased by 16.4%, led by decline in footfalls. Companys EBITDA and PAT declined by 16.5% and 60% yoy respectively due to increase in overall expense and depreciation.

Wonderla Holidays Ltd. has an average target of 777.00 from 2 brokers.

Wonderla Holidays Ltd.

31 Oct 2018

582.75

0.28%

Wonderla Holidays

Buy: Wonderla Holidays Ltd.

Target

ICICI Securities Limited

Wonderla Holidays' results were below our estimates. The performance has mainly been impacted by a sharp fall in footfalls in Kerala (down 61% YoY) due to outbreak of Nipa virus & floods) and Hyderabad (down 6% YoY). However, healthy average realisations (up 13% YoY) helped arrest the drop in revenues, to some extent Total footfalls for the quarter were down 26% YoY to 3.45 lakh. Hyderabad (new), Kochi park reported 6% and 61% YoY drop in...

Wonderla Holidays Ltd. is trading below all available SMAs

Is Wonderla Holidays Ltd. worth buying?

99 Votes:

Buy 74.75%

Sell 18.18%

Hold 7.07%

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