India · Delayed Price · Currency is INR Wonderla Holidays Earnings Call Transcripts
Fiscal Year 2026
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Q4 and FY26 saw record revenue and EBITDA growth, led by strong demand and the successful launch of the Chennai park. Mature parks maintained high margins, while new assets and hospitality segments contributed meaningfully. Expansion will focus on tier 1 cities, with cautious CapEx and margin improvement expected as new parks mature.<document-
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Revenue grew 11% year-on-year in Q3 FY26, driven by the Chennai park launch and higher ARPU, though PAT declined due to labor code costs and depreciation. Resort occupancy and revenue surged, and new parks are planned over the next few years.
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Q2 FY2026 saw record revenue and an 8x EBITDA jump, driven by digital initiatives and strong non-ticketing growth. The Chennai park is set to open soon, with expansion plans focused on large-format parks in major cities. Weather and regulatory delays remain key risks.
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Q1 FY 2026 saw a 3% YoY revenue decline to INR 169 crore, with EBITDA down 9.9% and footfalls at 9.17 lakh. Non-ticket ARPU rose 11% YoY, Isle resort outperformed expectations, and Chennai Park remains on track for a December 2025 soft launch.
Fiscal Year 2025
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FY 2025 saw resilient performance with total income of INR 482.78 crore and EBITDA margin of 36%, despite a 5% revenue decline year-on-year. Expansion continued with the Bhubaneswar park launch and strong digital transformation, while 5%-10% footfall growth is expected in FY 2026.
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Q3 FY25 saw a slight revenue decline and lower footfalls due to weather and health issues, but Hyderabad achieved record performance. New attractions, digital initiatives, and expansion projects are expected to drive future growth, with management maintaining a positive long-term outlook.
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Q2 FY25 saw a 10% YOY revenue decline and 90% drop in EBITDA due to lower footfall from adverse weather, but profit after tax rose 9% YOY on a deferred tax gain. Expansion continues with new parks, a planned INR 800 crore QIP, and a focus on boosting non-ticket revenue and digital engagement.
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Revenue and profit declined year-over-year due to lower footfalls from adverse weather and election disruptions, but ARPU grew 3% and non-ticket revenue improved. Bhubaneswar park exceeded expectations in ARPU and is nearly break-even. Expansion plans remain on track with new parks and fundraising initiatives.