Company Overview

Wonderla Holidays Limited (CIN: L55101KA2002PLC031224) is engaged in the business of amusement parks and resorts with operations across five parks in Bengaluru, Kochi, Hyderabad, Bhubaneswar, and Chennai. The company is listed on NSE (WONDERLA) and BSE (538268).

Financial Performance FY 2025-26

Revenue and Profitability

  • Revenue from operations: ₹5,187.723 crore, representing 13.13% YoY growth
  • Total Income: ₹5,510.790 crore, up 14.15% YoY
  • EBITDA: ₹1,924.547 crore, increased 12.28% YoY
  • Profit After Tax: ₹817.344 crore, declined 25.20% YoY
  • Basic EPS: ₹12.89 (compared to ₹18.61 in FY25)

Operational Metrics

  • Total visitors: 32.19 lakh, growing 5.58% YoY
  • Average Revenue Per User (ARPU): ₹1,530, improved 5.59% YoY
  • Resort business revenue: ₹153 crore, grew 56% YoY
  • Cumulative visitors since inception: 48 million

Provisions and Contingent Liabilities

  • VAT Provision: Carrying amount of ₹39.25 lakhs as of 31 March 2026 for potential demand related to periods from 2014-15 to June 2017
  • Income Tax Provision: Carrying amount of ₹28.26 lakhs against total demand of ₹39.06 lakhs for AY 2018-19
  • Contingent Liabilities: Total ₹996.43 lakhs including GST (₹555.60 lakhs), special entry tax (₹335.33 lakhs), and various other tax and labor matters
  • Estimated amount of unexecuted capital contracts: ₹1,132.92 lakhs as of 31 March 2026

Capital Structure

  • Shareholders' Equity: ₹1,796.90 crore as of March 31, 2026
  • Paid-up share capital increased by 14,003 shares due to ESOS 2016 exercise
  • QIP issuance: 68,35,444 equity shares of face value ₹10 each at issue price of ₹790 per share
  • Paid-up equity share capital increased from ₹5,657.34 lakhs to ₹6,340.88 lakhs

Significant Developments

Chennai Park Commissioning

  • Commenced operations on December 2, 2025
  • Investment: ₹522.47 crore (budgeted: ₹610.93 crore)
  • Capitalized amount: ₹458.88 crore as of March 31, 2026
  • 43 rides (27 land-based, 16 water-based)
  • Revenue contribution: ₹414.2 crore in initial 4 months of operations
  • Visitor count: 2.66 lakh visitors during initial period

Terrea by Wonderla Rebranding

  • Rebranded Wonderla Resort to Terrea by Wonderla
  • Investment: ₹18 crore for refurbishment
  • 84 luxury rooms across three distinct themes
  • Includes Caribbean Whirl water attraction

QIP Proceeds Utilization

  • Gross proceeds: ₹540 crore through Qualified Institutional Placement
  • Net proceeds: ₹525 crore (after ₹15 crore issue expenses)
  • Fully utilized as per modified objects:
  • Chennai Park: ₹351 crore (original allocation ₹390 crore)
  • Glamping Pods: ₹25 crore
  • Resort refurbishment: ₹16 crore
  • Roller coaster: ₹16 crore
  • General corporate purpose: ₹117 crore (modified from ₹78 crore)
  • Issue expenses: ₹15 crore

Dividend Declaration and AGM

  • Board recommended final dividend of 20% (₹2.00 per equity share of face value ₹10)
  • Subject to shareholder approval at 24th AGM on 19th August 2026
  • Record date for dividend: 7th August 2026
  • Previous dividend history includes ₹2.50 per share in 2022-23 and 2023-24

Corporate Governance and Appointments

Board Composition

  • Chairman & Managing Director: Arun K Chittilappilly
  • Vice-Chairman: R. Lakshminarayanan (Non-Executive)
  • Independent Directors: Anjali Nair, K. Ullas Kamath, Madan Achutha Padaki, Aprameya Radhakrishna
  • Non-Executive Director: Priya Sarah Cheeran Joseph (proposed for re-appointment)

Auditors

  • Statutory Auditors: Deloitte Haskins & Sells, Chartered Accountants (proposed for reappointment for second term of 5 years)
  • Audit fee: ₹60 lakh for FY26
  • Secretarial Auditor: Somy Jacob & Associates, Practising Company Secretaries
  • Internal Auditor: Varma & Varma, Chartered Accountants

CSR Activities

  • CSR obligation: ₹3.4726 crore (2% of average net profit)
  • Actual spend: ₹3.6386 crore (excess of ₹16.60 lakh)
  • Focus areas: Education (₹114.80 lakh), Health & Hygiene (₹108.37 lakh), Community Development (₹87.35 lakh)
  • Administrative overheads: ₹7.59 lakh (2.09% of total spend)

Employee Statistics

  • Permanent employees: 871 as of March 31, 2026
  • Median remuneration: ₹5.94 lakh
  • ESOS 2016: Granted 180,780 stock options during the year