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...