Wonderla Holidays is one of the largest operators of amusement parks in India. It currently owns and operates three amusement parks under the brand name ‘Wonderla’, situated at Kochi, Bangalore and Hyderabad.
The company has the capability to indigenously manufacture certain park rides thus leading to lower capital costs while setting up a new park. This aids improved return ratios on capital employed. Wonderla was able to withstand most challenging time led by external environment during FY17-19, but tighter control on cost helped it to report EBIDTA CAGR of 30%.
Chennai is the new city where the company plans to open a new park. It takes about 2-3 years after necessary permissions, and this would add to the revenue growth in subsequent years.
Disclaimer: The above report is compiled from information available on public platforms. inChat team advises users to check with certified experts before taking any investment decisions.
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