Wonderla Holidays Limited has informed the Exchange regarding Investor Presentation
Q3 & 9M FY19 RESULT UPDATE January 2019
• Q3 & 9M FY19 RESULT HIGHLIGHTS
• Q3 & 9M FY19 PORTFOLIO UPDATE
• AMUSEMENT PARK, BANGALORE
• RESORT, BANGALORE
• AMUSEMENT PARK, KOCHI
• AMUSEMENT PARK, HYDERABAD
• FINANCIALS
• COMPANY OVERVIEW
2
Q3 & 9M FY19 RESULT HIGHLIGHTS
REVENUES
638.3
760.5
Q3 FY19 YoY Analysis
EBITDA & EBITDA MARGIN
CASH PAT, PAT & PAT MARGIN
In Rs Mn
29.8%
190.5
39.1%
297.7
50. 0%
45. 0%
40. 0%
35. 0%
30. 0%
25. 0%
20. 0%
15. 0%
10. 0%
5.0 %
0.0 %
10.2%
19.1%
243.7
163.1
49.4 %
145.2
65.4
122 %
19.1 %
56.3 %
Q3 FY18
Q3 FY19
Q3 FY18
Q3 FY19
Q3 FY18
Q3 FY19
9M FY19 YoY Analysis
PAT
Cash PAT
PAT Margin %
REVENUES
EBITDA & EBITDA MARGIN
CASH PAT, PAT & PAT MARGIN
2,155.7
2,212.3
34.2%
738.1
43.5%
963.2
2.6 %
30.5 %
16.2%
21.9%
780.6
348.2
615.4
26.9 %
484.3
39.1 %
9M FY18
9M FY19
9M FY18
9M FY19
9M FY18
9M FY19
PAT
Cash PAT
PAT Margin %
3
Q3 FY19 RESULT HIGHLIGHTS
FINANCIAL UPDATE
▪ Q3 FY19 revenue from operations grew 19.1% YoY to Rs 760.5 mn driven by 10.5% YoY growth in footfalls and 8.7% YoY growth in avg. revenue per
visitor
▪ Q3 FY19 ticket revenue grew by 19.5% YoY and non-ticket revenue grew by 18.2% YoY
▪ Bangalore park witnessed 8.3% YoY growth in avg. ticket revenue, 4.2% YoY growth in avg. non-ticket revenue and 22.5% YoY growth in footfalls. Footfall growth was driven by increased market penetration initiatives, focussed media promotions and contribution of online portals like MakeMyTrip, Paytm etc.
▪ Kochi park witnessed 3.4% YoY growth in avg. ticket revenue, 14.9% YoY growth in avg. non-ticket revenue and 1.2% YoY decline in footfalls. Decline in footfalls was due to the lag effect of the floods during October. However, Kochi park recorded 20% YoY rise in footfalls during November and December.
▪ Hyderabad park witnessed 8.8% YoY growth in avg. ticket revenue, 9.9% YoY growth in avg. non-ticket revenue and 11.7% YoY growth in footfalls. ▪ Avg. ticket revenue per visitor at Bangalore and Hyderabad parks was positively impacted due to shift in Dussehra festival from September last year
to October this year.
▪ Q3 FY19 EBITDA increased by 56.3% YoY to Rs 297.7 mn. EBITDA margin increased from 29.8% in Q3 FY18 to 39.1% in Q3 FY19
▪ Operating overheads were kept under strict control with continued focus on operational efficiency
▪ Q3 FY19 PAT increased by 122% YoY from Rs 65.4 mn to Rs. 145.2 mn. PAT margin increased from 10.2% in Q3 FY18 to 19.1% in Q3 FY19
▪ Q3 FY19 Cash PAT (PAT + depreciation) increased by 49.4% YoY from Rs. 163.1 mn to Rs 243.7 mn, indicating continued generation of healthy
operating cash flows
4
Q3 & 9M FY19 REVENUE ANALYSIS
SERVICES VS. PRODUCTS
PORTFOLIO BREAKUP
638.3
760.5
2,155.7
2,212.3
24.2%
25.6%
21.2%
23.5%
75.8%
74.4%
78.8%
76.5%
4.8%
25.5%
31.9%
37.7%
638.3
760.5
2,155.7
2,212.3
4.1%
26.1%
28.2%
41.7%
3.9% 22.7%
30.3%
43.0%
3.9%
26.5%
24.3%
45.3%
In Rs Mn
Q3 FY18
Q3 FY19
9M FY18
9M FY19
Q3 FY18
Q3 FY19
9M FY18
9M FY19
Services
Products
Park - Bangalore
Park - Kochi
Park - Hyderabad
Resort - Bangalore
TICKET VS. NON-TICKET
TOTAL FOOTFALLS (In ‘000)
638.3
760.5
2,155.7
2,212.3
29.2%
25.9%
27.6%
1,938.3
1,937.2
70.8%
74.1%
72.4%
688.1
10.5 %
760.4
0.1 %
29.5%
70.5%
Q3 FY18
Q3 FY19
9M FY18
9M FY19
Q3 FY18
Q3 FY19
9M FY18
9M FY19
Ticket
Non-Ticket
5 5
Q3 & 9M FY19 REVENUE ANALYSIS
AVG. REVENUE PER VISITOR (PARKS) (In Rs) *
AVG. TICKET REVENUE PER VISITOR (PARKS) (In Rs)
883.1
959.5
1,068.3
1,097.8
654.3
707.8
824.2
826.6
8.7 %
2.8 %
8.2 %
0.3 %
Q3 FY18
Q3 FY19
9M FY18
9M FY19
Q3 FY18
Q3 FY19
9M FY18
9M FY19
AVG. NON-TICKET REVENUE PER VISITOR (PARKS) (In Rs)
BREAK-UP OF NON-TICKET REVENUE (PARKS + RESORT) (In Rs Mn) *
228.8
251.7
244.1
271.2
10 %
11.1 %
7.3% 16.3%
34.5%
41.9%
5.4% 13.9%
34.5%
8.7% 15.2%
37.9%
7.3% 14.0%
36.0%
46.2%
38.2%
42.7%
Q3 FY18
Q3 FY19
9M FY18
9M FY19
* Includes sale of services, sales of products & other operating income.
Q3 FY18
Q3 FY19
9M FY18
Restaurants
Products
Resort
9M FY19 Others
Q3 FY15
6 6
7
PORTFOLIO UPDATE – AMUSEMENT PARK, BANGALORE
•
Launched in 2005 by the name ‘Wonderla’
• Wonderla Bangalore is located off the Bangalore-Mysore highway,
28 km from Central Bangalore
•
•
•
Situated on 81.75 acres of land with 61 land and water based attractions and other allied facilities
5 restaurants offering various cuisines, of which all are operated by the Company
The park has won 11 awards since inception
Q3 FY19
Q3 FY18
YoY %
LOCATION
BANGALORE
Total Revenues (Rs Mn) *
No of Visitors (In ‘000)
316.8
290.4
240.9
236.9
Avg. Revenue Per Visitor (Rs)
1,090.9
1,016.8
31.5%
22.5%
7.3%
Total Revenues (Rs Mn) *
No of Visitors (In ‘000)
9M FY19
9M FY18
YoY %
1,001.9
837.8
927.5
765.6
8.0%
9.4%
Total Land Available (In Acres)
Developed Land (In Acres)
Land Availability for Future development (In Acres)
Total No of Rides
No of Wet Rides
Avg. Revenue Per Visitor (Rs)
1,195.9
1,211.4
-1.3%
No of Dry Rides
* Includes sale of services, sales of products & other operating income.
81.75
39.20
42.55
61
21
40
8
BANGALORE PARK – REVENUE & FOOTFALL ANALYSIS
AVG. TICKET REVENUE PER VISITOR (In Rs)
AVG. NON-TICKET REVENUE PER VISITOR (In Rs)
765.0
828.7
957.0
917.0
278.9
8.3 %
4.2 %
251.6
4.2 %
262.2
254.4
9.6 %
Q3 FY18
Q3 FY19
9M FY18
9M FY19
Q3 FY18
Q3 FY19
9M FY18
9M FY19
FOOTFALLS – WALK-IN Vs. GROUP / CHANNEL (‘000)
FOOTFALLS – REGIONWISE BREAKUP (‘000)
236.9
290.4
765.6
837.8
49.7%
46.3%
50.3%
53.7%
25.9%
26.2%
74.1%
73.8%
236.9
290.4
765.6
837.8
3.9% 3.3% 5.9%
75.3%
11.6%
4.3% 3.4%
10.2%
71.2%
10.9%
3.9% 3.6% 9.6%
76.0%
6.9%
3.8% 3.2% 10.2%
77.8%
5.1%
Q3 FY18
Q3 FY19
9M FY18
9M FY19
Q3 FY18
Q3 FY19
9M FY18
9M FY19
Walk-in
Group
Kerala
Karnataka
Tamil Nadu
Andhra Pradesh
Others
9
PORTFOLIO UPDATE – WONDERLA RESORT, BANGALORE
•
•
•
•
•
Three Star leisure resort attached to the amusement park; launched in March 2012
The resort has 84 luxury rooms
The resort also has 4 banquet halls / conference rooms, totalling 8,900 sq. ft. with a capacity to hold 800 guests and a well equipped board room
Suitable for hosting wedding receptions, parties and other corporate events and meetings
Other amenities include a multi-cuisine restaurant, rest-o-bar, solar heated swimming pool, recreation area, kids’ activity centre and a well equipped gym
Q3 FY19
Q3 FY18
YoY %
9M FY19
9M FY18
YoY %
Total Revenues (Rs Mn) *
31.3
31.8
-1.4%
Total Revenues (Rs Mn) *
86.4
86.8
-0.23%
Total No of Room Nights Available (No.) to Guests
7,549
7,564
0.6%
Total No of Room Nights Available (No.) to Guests
22,612
22,573
0.17%
Occupancy %
47%
50%
-
Occupancy %
43%
46%
-
Avg. Room Rental for the period (Rs)
* Includes other operating income.
4,420
5,084
4.2%
Avg. Room Rental for the period (Rs)
4,626
5,011
-7.7%
10
11
PORTFOLIO UPDATE – AMUSEMENT PARK, KOCHI
•
•
•
•
Launched in 2000 by the name ‘Veegaland’ and operating under the name ‘Wonderla’ since April 2011
Situated on 93.17 acres of land, and currently occupying 28.75 acres for 57 land and water based attractions and other allied facilities
6 restaurants offering various cuisines, of which five are operated by the Company
The park has won 16 awards since inception
Total Revenues (Rs Mn) *
No of Visitors (In ‘000)
Avg. Revenue Per Visitor (Rs)
Total Revenues (Rs Mn) *
No of Visitors (In ‘000)
Avg. Revenue Per Visitor (Rs)
Q3 FY19
Q3 FY18
YoY %
LOCATION
214.1
260.3
822.7
203.7
263.4
773.8
5.1%
-1.2%
6.3%
9M FY19
9M FY18
YoY %
537.5
564.3
952.6
652.9
696.9
936.9
-17.7%
-19.0%
1.7%
Total Land Available (In Acres)
Developed Land (In Acres)
Land Availability for Future development(In Acres)
Total No of Rides
No of Wet Rides
No of Dry Rides
* Includes sale of services, sales of products & other operating income.
KOCHI
93.17
28.75
64.42
57
22
35
12
KOCHI PARK – REVENUE & FOOTFALL ANALYSIS
AVG. TICKET REVENUE PER VISITOR (In Rs)
AVG. NON-TICKET REVENUE PER VISITOR (In Rs)
576.4
596.0
723.1
713.6
197.4
226.7
213.9
239.0
3.4 %
1.3 %
14.9 %
11.7 %
Q3 FY18
Q3 FY19
9M FY18
9M FY19
Q3 FY18
Q3 FY19
9M FY18
9M FY19
FOOTFALLS – WALK-IN Vs. GROUP / CHANNEL (‘000)
FOOTFALLS – REGIONWISE BREAKUP (‘000)
263.4
260.3
696.9
564.3
263.4
260.3
67.5%
70.2%
41.7%
41.7%
32.5%
29.8%
58.3%
58.3%
2.2%
0.3% 14.5%
2.0%
81.0%
1.9% 0.3%
9.8% 0.5%
87.5%
696.9
564.3
3.4% 2.9% 0.6% 26.4% 1.3%
68.3%
0.4% 19.9% 0.7%
76.1%
Q3 FY18
Q3 FY19
9M FY18
9M FY19
Q3 FY18
Q3 FY19
9M FY18
9M FY19
Walk-in
Group
Kerala
Karnataka
Tamil Nadu
Andhra Pradesh
Others
13
PORTFOLIO UPDATE – AMUSEMENT PARK, HYDERABAD
•
•
•
•
Launched in April 2016 by the name ‘Wonderla’.
Situated on 49.5 acres of land, and currently occupying 27.0 acres for 44 land and water based attractions and other allied facilities.
4 restaurants offering various cuisines, of which all are operated by the Company.
The Park has won 3 Awards since inception
Q3 FY19
Q3 FY18
YoY %
LOCATION
HYDERABAD
Total Revenues (Rs Mn) *
No of Visitors (In ‘000)
Avg. Revenue Per Visitor (Rs)
198.6
209.7
947.3
163.0
187.8
868.0
21.9%
11.7%
9.1%
9M FY19
9M FY18
YoY %
Total Land Available (In Acres)
Developed Land (In Acres)
Land Availability for Future development(In Acres)
Total Revenues (Rs Mn) *
No of Visitors (In ‘000)
587.1
535.0
490.4
475.8
Avg. Revenue Per Visitor (Rs)
1,097.3
1,030.6
* Includes sale of services, sales of products & other operating income.
19.7%
12.4%
6.5%
Total No of Rides
No of Wet Rides
No of Dry Rides
49.5
27.0
22.5
44
18
26
15
HYDERABAD PARK – REVENUE & FOOTFALL ANALYSIS
AVG. TICKET REVENUE PER VISITOR (In Rs)
AVG. NON-TICKET REVENUE PER VISITOR (In Rs)
624.0
679.0
758.7
804.1
8.8 %
6.0 %
244.0
9.9 %
268.3
271.9
293.2
7.8 %
Q3 FY18
Q3 FY19
9M FY18
9M FY19
Q3 FY18
Q3 FY19
9M FY18
9M FY19
FOOTFALLS – WALK-IN Vs. GROUP / CHANNEL (‘000)
FOOTFALLS – REGIONWISE BREAKUP (‘000)
187.8
209.7
475.8
535.0
187.8
209.7
475.8
535.0
59.5%
60.3%
30.9%
31.6%
40.5%
39.7%
69.1%
68.4%
2.4%
97.6%
8.1%
1.8%
4.7%
91.9%
98.2%
95.3%
Q3 FY18
Q3 FY19
9M FY18
9M FY19
Q3 FY18
Q3 FY19
9M FY18
9M FY19
Walk-in
Group
Telangana
Others
16
FINANCIALS – P&L STATEMENT
Particulars (Rs Mn)
Sale of Services
Sale of products
Total Revenue from Operations
Cost of Material Consumed
Purchase of Stock-in-Trade
Changes in Inventories of Stock-in-trade
Employee Expenses
Other Expenses
EBITDA
EBITDA Margin %
Depreciation
Other Income
Finance Cost
PBT
Tax Expense
PAT
PAT Margin %
Earnings Per Share (EPS)
Q3 FY19
Q3 FY18
566.1
194.4
760.5
37.4
55.5
-6.4
95.7
280.7
297.7
39.1%
98.6
25.8
0.4
224.6
79.4
145.2
19.1%
2.57
483.7
154.7
638.3
43.4
41.4
-4.1
97.7
269.4
190.5
29.8%
97.8
15.4
2.8
105.4
40.0
65.4
10.2%
1.17
YoY %
17.0%
25.7%
19.1%
-13.8%
34.1%
-
-2.1%
4.2%
56.3%
930 bps
0.8%
67.8%
-86.3%
113.1%
98.6%
122.0%
884 bps
119.7%
9M FY19
9M FY18
1,691.9
520.4
2,212.3
1,699.5
456.2
2,155.7
99.8
133.7
-3.7
289.9
729.5
963.2
43.5%
296.3
68.7
4.0
731.6
247.3
484.3
21.9%
8.57
111.1
118.8
0.1
314.9
872.7
738.1
34.2%
267.1
63.9
9.8
525.1
176.8
348.2
16.2%
6.17
Note – Income from services includes income from sale of entry tickets, share of revenue from restaurant sales and income from resort. Income from sale of products includes income from sale of traded goods, packaged food and other merchandise sold within amusement parks
YoY %
-0.4%
14.1%
2.6%
-10.2%
12.6%
-
-8.0%
-16.4%
30.5%
930 bps
10.9%
7.6%
-58.7%
39.3%
39.8%
39.1%
574 bps
38.9%
17
COMPANY OVERVIEW – ABOUT US
• One of the largest amusement park operators in India with over 18 years of successful operations. Management has
operational experience in the amusement park industry for over a decade
OUR PEDIGREE
• The promoters launched the first amusement park in 2000 in Kochi under the name Veegaland and later successfully
launched the second park in Bangalore in 2005 and third park in Hyderabad in 2016 under the name “Wonderla”
• Promoted by Mr. Kochouseph Chittilappilly and Mr. Arun Chittilappilly – Mr. Kochouseph Chittilappilly also
incorporated V-Guard Industries Ltd., a publicly listed company since 2008
BUSINESS OVERVIEW
• Own and operate three amusement parks under the brand name Wonderla situated at Kochi, Bangalore and
Hyderabad and a resort at Bangalore
• The Company and its first two parks have won 30 awards / certifications since inception, including National Awards for Excellence from Indian Association of Amusement Parks & Industries in the areas of total number and variety of rides, most innovative ride, etc In-house manufacturing facility located at Kochi which manufactures / constructs rides and attractions for both the parks
•
• Reduction in GST rates from 28% to 18% effective from 25th January 2018 to reduced inflationary pressure on pricing
NEW PROJECT
• The Company has acquired 61.87 acres of land for the new Amusement Park project in Kelambakkam in Chennai. • The project work will commence immediately after we receive necessary approval from Government of Tamilnadu.
STRONG FINANCIALS *
• Consolidated Revenues, EBITDA and PAT were Rs. 2,704.9 mn, Rs 891.1 mn and Rs 385.0 mn in FY18. • All Business Units- Parks and Resorts are generating positive cash flows from operations. • Robust balance sheet with zero Debt as of FY18.
* I GAAP Financials
18
COMPANY OVERVIEW – SHAREHOLDING STRUCTURE
Share Price Performance
Market Data
25th January 2019
Market capitalization (Rs Mn)
Price (Rs.)
CMP Rs. 285
No. of shares outstanding (Mn)
Face Value (Rs.)
15,992
285
56.5
10
52 week High-Low (Rs.)
408.9 - 258.7
400
375
350
325
300
275
250
Apr/18 May/18 Jun/18 Jul/18 Aug/18 Sep/18 Oct/18 Nov/18 Dec/18
% Shareholding – December 2018
Key Institutional Investors – December 2018
% Holding
Non Institutions 12.90%
Institutions 15.82%
Source: BSE
Promoter 71.28%
Steinberg India Emerging Opp. Fund Limited
Svenska Hendelsbanken
UTI Long Term Equity Fund
Valuequest India Moat Fund Limited
HDFC Capital Builder Value Fund
2.83%
2.22%
2..01%
2.00%
1.15%
19
COMPANY OVERVIEW – BOARD OF DIRECTORS & MANAGEMENT TEAM
KOCHOUSEPH CHITTILAPPILLY PROMOTER AND EXECUTIVE VICE CHAIRMAN
•
•
•
18 yrs in the industry
Founded V-Guard Industries Ltd., a publicly listed company since 2008 and is currently its Chairman
Post Graduate Degree in Physics
ARUN KOCHOUSEPH CHITTILAPPILLY PROMOTER AND NON EXECUTIVE DIRECTOR
•
13+ yrs in the industry
• Holds a masters degree in industrial
engineering
• Actively involved in day-to-day operations and
management of Wonderla since 2003
GEORGE JOSEPH JOINT MANAGING DIRECTOR
•
38+ yrs of total work experience
• Director in Muthoot
Finance Ltd.
GOPAL SRINIVASAN INDEPENDENT DIRECTOR
•
•
25+ yrs of work experience
Chairman of TVS Capital Funds & Independent Director in TVS & Sons Limited.
PRIYA SARAH CHEERAN JOSEPH EXECUTIVE DIRECTOR
•
•
13+ yrs in the Industry
Involved in F&B Operations and HR department of Wonderla since 2005
R LAKSHMINARAYANAN INDEPENDENT DIRECTOR
•
•
10+ yrs of work experience in Retail
Independent Director in Jyothi Laboratories Limited
M RAMACHANDRAN CHAIRMAN & INDEPENDENT DIRECTOR
•
•
43+ years of work experience
Served as partner for 20 years with audit firm Deloitte Haskins & Sells LLP
• Member of ICAI & ICSI
SIVADAS M. PRESIDENT – OPERATIONS
•
•
27 yrs of experience
Bachelor’s Degree in Physics
JACOB KURUVILA CHIEF FINANCIAL OFFICER (CFO)
•
Previously CFO of V-Guard Industries for 7 years
• Won Best CFO- Asia(ex Japan) in 2017 •
Fellow Member of Institute of Chartered Accountants of India
MAHESH M.B. AVP – COMMERCIAL
•
21 yrs of experience • MBA in International
Business
AJIKRISHNAN A. G. VP – PROJECTS
•
•
18 yrs of experience
B.E, MBA
20
COMPANY OVERVIEW – UNDERSTANDING THE WONDERLA ADVANTAGE
KEY CONCERNS ON SCALABILITY
WONDERLA ADVANTAGE
HIGHLY CAPITAL INTENSIVE BUSINESS
AFFORDABILITY – TICKET PRICES ARE HIGH
LAND AVAILABILITY, LOCATION & CONNECTIVITY
In-House Design Capability for the Amusement Park In-House Ride Manufacturing Facility in Kochi
• • • Manufactured / constructed 42 rides / attractions in-house •
Typical Capex for a New Park is ~Rs 2,500 mn – Rs 3,500 mn including Land cost
•
• •
•
•
Typical Target Audience is the Middle class which can spend Rs 4,000-5,000 per trip for a Family All three Parks have Land as well as Water rides under the same Ticket Average ticket prices in the range of Rs 800 – Rs 1200
All three Operational Parks have large Land Parcels and have good connectivity (Within 15-25 km from the city) Parks witness audiences from neighbouring states like Tamil Nadu and Kerala
21
COMPANY OVERVIEW – SUSTAINABLE COMPETITIVE ADVANTAGES
OVER A DECADE OF OPERATIONAL EXPERIENCE AND BRAND EQUITY
PROXIMITY TO CITY WITH AMPLE LAND AVAILABLE FOR FUTURE DEVELOPMENT
• 18+ yrs of successful operations of the parks has built
significant brand equity
• Mr. Kochouseph and Mr. Arun have over 18 yrs and 13+ yrs of experience respectively in amusement park industry
• Won several awards, including ‘best tourism
destination’ and ‘highest number and variety of innovative rides’
IN-HOUSE MANUFACTURING FACILITY AT WONDERLA KOCHI
• Benefits from certain cost efficiencies and improves
maintenance efficiency of rides
• Enables customisation and modification of rides
purchased
• Manufactured / constructed 42 rides / attractions in-
house
• Owns 93.17 acres in Kochi, 81.75 acres in Bangalore and 49.50 acres in Hyderabad, within which further expansion of existing parks can be undertaken
• All the three parks - Kochi, Bangalore and
Hyderabad - are situated in the proximity of the main city.
STRONG CUSTOMER INSIGHTS - CONSTANTLY INNOVATING NEW ATTRACTIONS
•
In-depth understanding of customer preference and needs helps while conceptualising new rides
• Won the IAAPI excellence award for the highest
number and variety of innovative rides four times
22
COMPANY OVERVIEW – FUTURE GROWTH STRATEGY
SCALABILITY – EXPANSION THROUGH SETTING NEW AMUSEMENT PARKS
FOCUS ON IMPROVISING EXISTING PARKS TO IMPROVE FOOTFALLS
•
• •
Currently in process of acquiring land in Chennai as well as identifying potential opportunities for setting up new parks in other key geographies
Evaluate customer preferences to innovate attractions based on popular concepts Develop the undeveloped land at existing parks to increase operational capacity
ENHANCED VISITOR EXPERIENCE THROUGH PARKS INTEGRATED WITH RESORTS
EXPAND IN-HOUSE RIDE DESIGN AND MANUFACTURING CAPABILITIES
EXPAND REVENUE STREAMS AND INNOVATING MARKETING INITIATIVES TO SUPPLEMENT INCOME FROM ENTRY FEES
• Wonderla Resort enables visitors to stay longer at the park and increases spend per
•
•
•
• •
head Enhance visitor experience at other parks by integrating them with resorts
Introduce new rides and attractions based on customer preferences and research done by visiting parks in other parts of the world Continue to invest in new manufacturing facilities at upcoming parks
Bolster revenues from entry tickets by offering value-added services Introduce character and theme based attractions and promote this through marketing initiatives , ad campaigns using media as well as tour operators
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COMPANY OVERVIEW – GLOBAL RANKING AND RECOGNITION
Wonderla parks in Bangalore, Kochi and Hyderabad
were ranked at #2, #3 and #8 in India by Tripadvisor
Wonderla Bangalore ranked 7th Best and Wonderla
Kochi ranked 11th Best in Asia.
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FOR FURTHER QUERIES -
Mr. Jacob Kuruvila CFO Email – jacob@wonderla.com
Disclaimer
Nilesh Dalvi/ Nachiket Kale IR Consultant Dickenson IR Contact No : +91 9819289131 / +91 9920940808 Email – nilesh.dalvi@dickensonir.com nachiket.kale@dickensonir.com
This presentation and the following discussion may contain “forward looking statements” by Wonderla Holidays Limited (“Wonderla” or the Company) that are not historical in nature. These forward looking statements, which may include statements relating to future results of operations, financial condition, business prospects, plans and objectives, are based on the current beliefs, assumptions, expectations, estimates, and projections of the management of Wonderla about the business, industry and markets in which Wonderla operates.
These statements are not guarantees of future performance, and are subject to known and unknown risks, uncertainties, and other factors, some of which are beyond Wonderla’s control and difficult to predict, that could cause actual results, performance or achievements to differ materially from those in the forward looking statements. Such statements are not, and should not be construed, as a representation as to future performance or achievements of Wonderla.
In particular, such statements should not be regarded as a projection of future performance of Wonderla. It should be noted that the actual performance or achievements of Wonderla may vary significantly from such statements.
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