Wonderla Holidays Ltd. · NSE:WONDERLA
Wonderla Holidays — Investor Presentation (November 2024)
44 slides from Wonderla Holidays's investor presentation, Nov 5, 2024
Slide 1: Corporate Presentation | Nov 2024
Corporate Presentation | Nov 2024
Slide 2: Disclaimer
Disclaimer This presentation has been prepared for general information purposes in respect of Wonderla Holidays Limited (“Company”) only, without regard to any specific objectives, suitability, financial situations and needs of any particular person and does not constitute a prospectus or placement
Slide 3: Contents
Contents Page # 1. Company Overview 4 2. Key Strengths 8 3. Key Strategies 19 4. Detailed Parks & Resort Overview 21 5. Key Updates for Q2 FY25 and H1 FY25 28 6. Annexures 37 3
Slide 4: Company Overview
Company Overview
Slide 5: Wonderla – #1 Amusement Park Operator in India
Wonderla – #11 Amusement Park Operator in India Two Decades of Crafting the Ultimate One-Stop Entertainment Destination 4 1 ~278 acres 4 ~INR 1,430 49.4% Amusement Parks 2 Resort 2 Area Managed 2 ARPU 3 EBITDA Margin 3 189 3.3 Mn Ticket : Non-Ticket Mix – 70:30 84 INR 4,830 Mn Kochi, Bengaluru, Beng
Slide 6: Key Milestones
Key Milestones 2024 – Bhubaneswar Park commenced its operations, 2002 – “Wonderla Construction of Chennai Holidays Limited.” Park is in progress incorporated to build the second park at Bengaluru 2005 – Bengaluru Park 2016 – Hyderabad 2000 – Kochi Park 2012 – Leisure resort commenced its operations
Slide 7: Overview of Amusement Parks
Overview of Amusement Parks Wonderla Kochi Wonderla Bengaluru3 Wonderla Hyderabad Wonderla Bhubaneshwar4 Year of Commencement 2000 2005 2016 2024 Area (Acres)1 94 82 52 51 Area Utilized %1 27.7% 53.7% 73.1% 64.7% # Rides1 56 60 52 21 Footfall (Mn)2 1.0 1.3 0.9 0.1 ARPU (INR)2 1,305 1,541 1,416 1,245
Slide 8: Key Strengths
Key Strengths
Slide 9: Key Strengths
Key Strengths Experienced Promoters and a India’s #1 Amusement Park Operator1 6 1 Seasoned Leadership Team with Strategically Chosen Locations In-House Ride Design & Track Record of 5 2 Manufacturing Capabilities Strong Financial Performance Prudent Capital Allocation Practices Commitment to Safety
Slide 10: Wonderla: India's #1 Amusement Park Operator & One Stop Entertainment Destination
1a Wonderla: India’s #11 Amusement Park Operator & a One Stop Entertainment Destination Thrillometer Low High Rides Land Happy Kangaroo Magic Mushroom Maverick Equinox Rides3 113 75 Water Rides Land rides Water rides Vertical Fall Wonder Splash Sea Lagoon Twisters State-of-the-art resort in Bengalur
Slide 11: Strategically Located Near High-Value Consumer Catchment Areas
1b Strategically Located Near High-Value Consumer Catchment Areas Carefully Selected Locations with Huge Land Parcels, Large Addressable Population and Strong Spending Potential Kochi Bengaluru Hyderabad Bhubaneshwar Chennai (WIP) Commercial Capital of Kerala Silicon Valley of India City of Nizams T
Slide 12: Manufacturing Efficiency: In-House Capabilities Combined with Global Procurement
2a Manufacturing Efficiency: In-House Capabilities Combined with Global Procurement… Robust In-House Designing & Manufacturing Capabilities… …Along with a Global Procurement Network 55 Rides manufactured in-house till date1 Netherlands Germany In-house USA Italy manufacturing facility at all amuseme
Slide 13: Supported by Continuous Innovation
2b …Supported by Continuous Innovation Well Defined Strategies in Place to Stay Ahead of Consumer Trends… Trend Analysis Ride Usage Evaluation of Global Benchmarking Monitoring Customer Preferences Dedicated engineering team Regular monitoring of Regular surveys to Continuous upgradation for studyin
Slide 14: Unparallelled Commitment to Safety & Hygiene
3a Unparallelled Commitment to Safety & Hygiene Certified by Bureau Veritas Enhanced Safety Measures in Place to Ensure Visitor Safety for High Safety Standards 01 Reverse Osmosis Technology ensures potable, clean & safe water for attractions 02 Extensive Water Filtering & Recycling Systems for pool
Slide 15: Building Strong Brand Equity through Targeted Marketing & Localized Experiences
3b Building Strong Brand Equity through Targeted Marketing & Localized Experiences …Leading to… Round-the-year Events & Experiences Compelling Digital Reach1 50 Mn+ 300K+ 600K+ Views Followers Followers Generous Marketing Investment… YouTube Instagram Facebook Advertisement & Sales Promotion Expense
Slide 16: Prudent Capital Allocation Practices Ensuring Sustainable Growth
4 Prudent Capital Allocation Practices Ensuring Sustainable Growth Strategic Discipline in Resource Allocation... …Driving Strong Financial Metrics1 • Increased collaboration with state governments 0.4x • Exploring long-term lease arrangements to secure land at nominal costs Gross Fixed Asset Asset
Slide 17: Track Record of Strong Financial Performance
5a Track Record of Strong Financial Performance …Coupled with Sustained EBITDA Margins… …And PAT Margins… Revenue Mix by Parks (H1FY25) Due to launch expenses 5% of Bhubaneshwar Park Kochi 27% 51.9% 49.4% 28% Bengaluru 40.0% 32.9% 31.2% 31.0% Hyderabad 2,347 2,502 Consistent Revenue Growth… Bhubanes
Slide 18: Experienced Promoters and a Seasoned Leadership Team
6 Experienced Promoters and a Seasoned Leadership Team Board of Directors Mr. Kochouseph Mr. M. Ramachandran1 Mr. Arun K. Chittilappilly Mr. R. Lakshminarayanan Chittilappilly Managing Director Chairman, Non-Executive & Non-Executive Vice-Chairman Chairman Emeritus Independent Director on the Board
Slide 19: Key Strategies
Key Strategies
Slide 20: Strategy to Build Future Growth
Strategy to Build Future Growth Expand business operations by setting up Expansion of revenue streams & innovative marketing new amusement parks in other cities initiatives to supplement income from entry fees To Expand business operations and Develop brand Single ticket entry model where visitors a
Slide 21: Detailed Parks & Resort Overview
Detailed Parks & Resort Overview
Slide 22: Kochi Park Overview
Kochi Park Overview About Wonderla Kochi Kochi: Core Advantages Select Rides Established: 2000 Thrillometer Commercial 3 Mn capital of Kerala Population Location: Off NH 544, Kochi, Kerala Low High GDP per Capita (INR) 26 km 1 Kochi 345,792 15 km Kerala 2 233,855 India Average 3 169,496 100 m Connec
Slide 23: Bengaluru Park Overview
Bengaluru Park Overview About Wonderla Bengaluru Bengaluru: Core Advantages Select Rides Established: 2005 Thrillometer Silicon Valley of 12 Mn India Population Location: Mysore Road, Bengaluru Low High GDP per Capita (INR) 69 km 1 Bengaluru 760,362 11 km Karnataka 2 301,673 India Average 3 169,496
Slide 24: Hyderabad Park Overview
Hyderabad Park Overview About Wonderla Hyderabad Hyderabad: Core Advantages Select Rides Established: 2016 Thrillometer 10 Mn City of Nizams Population Location: Near Nehru outer ring Low High GDP per Capita (INR) 15 km 1 Hyderabad 494,033 31 km Telangana 2 312,398 India Average 3 169,496 1 Km Conne
Slide 25: Bhubaneshwar Park Overview
Bhubaneshwar Park Overview About Wonderla Bhubaneshwar Bhubaneshwar: Core Advantages Select Rides Established: 2024 Thrillometer Temple City of 1 Mn India Population Location: Close to AH45 Low High GDP per Capita (INR) 25 km 1 Odisha 161,437 28 km 2 India Average 169,496 6 Km Connectivity Croco Cru
Slide 26: Chennai Park Overview
Chennai Park Overview About Wonderla Chennai Chennai: Core Advantages Project Update Established: Work in Progress Cultural Capital 7 Mn of South India Population Location: Lllalur, Chennai 5,150 Total Project Cost GDP per Capita (INR) (INR Mn) 41 km 1 Chennai 329,113 DORMITORY ADMIN BUILDING Llalur
Slide 27: Bengaluru Resort Overview
Bengaluru Resort Overview About Wonderla Bengaluru Resort Bengaluru: Core Advantages Resort Features Established: 2012 Silicon Valley of 12 Mn India Population Location: Mysore Road, Bengaluru GDP per Capita (INR) 69 km 1 Banquet Halls Conference Room Restaurants Swimming Pool Bengaluru 760,362 11 k
Slide 28: Slide 28
Slide 29: Key Updates for Q2 (July-September) FY25
5b Key Updates for Q2 (July-September) FY25 ❖ Total Revenue stood at INR 712 Mn for the quarter ❖ Footfall for the quarter stood at 0.5 Mn across parks ❖ Park wise footfall for the Q2 FY25: Kochi – 0.1 Mn, Bengaluru – 0.2 Mn, Hyderabad – 0.1 Mn, Bhubaneshwar – 0.2 Mn ❖ Adjusted EBITDA1 for the quart
Slide 30: Q2 FY25 Result Highlights
5b Q2 FY25 Result Highlights Revenue from operations Adj. EBITDA& Adj. EBITDA Margin EBITDA & EBITDA Margin -10% 33% 7% 33% 4% 752 674 -82% -90% 267 267 47 28 Q2 FY24 Q2 FY25 Q2 FY24 Q2 FY25 Q2 FY24 Q2 FY25 PAT, CASH PAT & PAT Margin Footfall ARPU (in INR) 21% 17% -9% -2% PAT 293 cash PAT 0.5 1,441
Slide 31: Key Updates for H1 (April-September) FY25
5c Key Updates for H1 (April-September) FY25 ❖ Total Revenue stood at INR 2,487 Mn for the half year ❖ Footfall for the quarter stood at 1.5 Mn across parks ❖ Park wise footfall for the HY FY25: Kochi – 0.4 Mn, Bengaluru – 0.6 Mn, Hyderabad – 0.4 Mn, Bhubaneshwar – 0.1 Mn ❖ Adjusted EBITDA1 for the
Slide 32: H1 FY25 Result Highlights
5c H1 FY25 Result Highlights Revenue from operations Adj. EBITDA& Adj. EBITDA Margin EBITDA & EBITDA Margin -8% 55% 43% 55% 40% 2,598 2,403 -29% -34% 1,492 1,492 1,065 987 H1 FY24 H1 FY25 H1 FY24 H1 FY25 H1 FY24 H1 FY25 PAT, CASH PAT & PAT Margin Footfall ARPU (in INR) 36% 31% -20% +2% PAT -9% 1,162
Slide 33: Kochi Park – Q2 & H1 FY25 Metrics
Kochi Park – Q2 & H1 FY25 Metrics Revenue (INR Mn) Footfalls (in Mn) -13% 718 625 -18% -20% 0.5 247 -24% 0.4 198 0.2 0.1 Q2 FY24 Q2 FY25 H1 FY24 H1 FY25 Q2 FY24 Q2 FY25 H1 FY24 H1 FY25 ARPU (INR) Average Ticket Price Average Non-Ticket Price ARPU +3% +16% +15% +6% +6% +2% 985 1,009 1,086 1,116 383 1
Slide 34: Bengaluru Park – Q2 & H1 FY25 Metrics
Bengaluru Park – Q2 & H1 FY25 Metrics Revenue (INR Mn) Footfalls (in Mn) -18% 1,121 -18% 924 0.7 -9% 0.6 312 -5% 283 0.2 0.2 Q2 FY24 Q2 FY25 H1 FY24 H1 FY25 Q2 FY24 Q2 FY25 H1 FY24 H1 FY25 ARPU (INR) Average Ticket Price Average Non-Ticket Price ARPU -3% 0.5% -8% -4% 1,094 1,253 1,212 +12% 1,653 1,6
Slide 35: Hyderabad Park – Q2 & H1 FY25 Metrics
Hyderabad Park – Q2 & H1 FY25 Metrics Revenue (INR Mn) Footfalls (in Mn) -2% 678 665 -7% -12% 0.4 0.4 -16% 161 0.1 0.1 135 Q2 FY24 Q2 FY25 H1 FY24 H1 FY25 Q2 FY24 Q2 FY25 H1 FY24 H1 FY25 ARPU (INR) Average Ticket Price Average Non-Ticket Price ARPU +3% -4% +5% -8% 1,068 1,186 1,217 +5% 1,521 1,457 1
Slide 36: Wonderla Resort, Bengaluru – Q2 & H1 FY25 Metrics
Wonderla Resort, Bengaluru – Q2 & H1 FY25 Metrics Total Revenue (INR Mn) Average Room Rental (INR) -4% 0% 5,754 5,511 5,838 5,860 -1% -9% 37 37 91 82 Q2 FY24 Q2 FY25 H1 FY24 H1 FY25 Q2 FY24 Q2 FY25 H1 FY24 H1 FY25 Occupancy (%) 54% 49% 40% 43% Q2 FY24 Q2 FY25 H1 FY24 H1 FY25 36
Slide 37: Slide 37
Slide 38: Select Awards & Accolades
Select Awards & Accolades Wonderla Kochi Wonderla Kochi Wonderla Kochi IAAPI National Awards for Excellence 2024 - Safe Tourist Destination Award 2024 by National MKK Nayar Productivity Award 2023 - Best Productivity Runner-Up - Most Innovative Ride Safety Council - Kerala Chapter Performance in the
Slide 39: Festive Celebrations
Marketing Creatives that captivate, connect & build a brand experience Festive Celebrations Special Offers Special Days 39
Slide 40: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (INR Mn) FY22 FY23 FY24 H1 FY25 Revenue from Operations 1,276 4,292 4,830 2,403 Other Income 58 232 230 84 Total Income 1,333 4,524 5,060 2,487 Cost of materials consumed 66 229 276 136 Purchase of stock-in-trade 74 218 210 111 Changes in inventories
Slide 41: Consolidated Balance Sheet
Consolidated Balance Sheet INR Mn FY22 FY23 FY24 H1 FY25 Non-current Assets 7,744 7,897 9,888 11,147 Fixed Assets 7,567 7,683 9,299 10,561 Other Non-Current Assets 176 214 589 586 Current Assets 1,313 2,866 2,496 1,770 Inventories 76 94 135 138 Trade Receivables 12 14 29 12 Cash and Cash Equivalents
Slide 42: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Particulars (INR Mn) FY22 FY23 FY24 H1 FY25 Cash Flow from Operating Activities Profit After Tax -95 1,489 1,580 780 Adjustment for Non-Operating Items 323 741 728 174 Operating Profit before Working Capital Changes 228 2,230 2,308 954 Changes in WC -11 43 -35 -37 Ca
Slide 43: Glossary
Glossary Term Description ARPU Average Revenue per User EBITDA Earnings before Interest, Tax, Depreciation & Amortization ERT Emergency Response Teams FSSAI Food Safety and Standards Authority of India GOI Government of India GoO Government of Odisha GoTN Government of Tamil Nadu IAAPI Indian Associ
Slide 44: Thank you !
For Further Queries: Wonderla Holidays Ltd. Mr. Saji K Louiz, Chief Financial Officer Email: investors@wonderla.com Thank you !
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