Bengaluru, January 28, 2025 – Wonderla Holidays Limited (NSE: WONDERLA) has reported its Q3 FY25 financial results, showing a decline in revenue and profitability due to lower footfall across its amusement parks. The company also highlighted a ₹540 crore fundraise via a Qualified Institutional Placement (QIP) to support expansion plans.
Key Financial Highlights – Q3 FY25
- Revenue from Operations: ₹121.51 crore (down 2% YoY).
- EBITDA: ₹42.14 crore (down 30% YoY).
- EBITDA Margin: 33.3%, compared to 46.7% in Q3 FY24.
- Profit After Tax (PAT): ₹20.30 crore (down 46% YoY).
- Cash PAT: ₹34.91 crore, compared to ₹47.29 crore in Q3 FY24.
- Footfall: 9.18 lakh visitors, down 3% YoY.
- Average Revenue Per User (ARPU): ₹1,272, up 1% YoY.
- Spend Per Head (SPH): ₹399, up 9% YoY.
9M FY25 Performance
- Revenue: ₹361.79 crore (down 6% YoY).
- PAT: ₹98.26 crore (down 27% YoY).
- Footfall: 23.71 lakh visitors, down 7% YoY.
Park-Specific Performance
- Hyderabad Park: Recorded highest-ever footfall and revenue since inception.
- Bengaluru Park: Revenue down 13%, footfall down 15% YoY.
- Kochi Park: Revenue down 8%, footfall down 14% YoY.
- Hyderabad Park: Revenue up 9%, footfall up 11% YoY.
Growth & Expansion Strategy
Wonderla continues to focus on expanding its theme park portfolio, with:- Construction of Chennai Park in progress.
- MoU signed with Gujarat government for a new amusement park.
- Discussions ongoing with Madhya Pradesh, Uttar Pradesh, Punjab, and Goa for potential new projects.
Management Commentary
Arun Chittilappilly, Managing Director, Wonderla Holidays, stated:"Despite macroeconomic challenges, we remain committed to expanding our presence in the Indian amusement park industry. The successful QIP fundraise will fuel our expansion plans, enhancing visitor experience and driving long-term growth."