Wonderla Holidays Ltd. · NSE:WONDERLA
Wonderla Holidays — Q4 FY2020 Earnings Presentation
26 slides from Wonderla Holidays's earnings presentation, May 27, 2020
Slide 1: Q4 & FY20 Result Update
Q4 & FY20 RESULT UPDATE May 2020
Slide 2: • Q4 FY20 RESULT HIGHLIGHTS • Q4 FY20 PORTFOLIO UPDATE • AMUSEMENT PARK, BANGALORE
• Q4 FY20 RESULT HIGHLIGHTS • Q4 FY20 PORTFOLIO UPDATE • AMUSEMENT PARK, BANGALORE • RESORT, BANGALORE • AMUSEMENT PARK, KOCHI • AMUSEMENT PARK, HYDERABAD • FINANCIALS • COMPANY OVERVIEW 2
Slide 3: Q4 & FY20 Result Highlights
Q4 & FY20 RESULT HIGHLIGHTS Q4 FY20 YoY Analysis In Rs Mn REVENUES EBITDA & EBITDA MARGIN CASH PAT, PAT & PAT MARGIN 29.5% 11.5% 3.7% 606.5 12% 168.7 424.2 178.7 119.1 69.9 30.1% 71.6 % 50.7 15.6 Q4 FY19 Q4 FY20 Q4 FY19 Q4 FY20 Q4 FY19 Q4 FY20 PAT Cash PAT PAT Margin % FY20 YoY Analysis REVENUES EBI
Slide 4: Q4 FY20 Result Highlights
Q4 FY20 RESULT HIGHLIGHTS FINANCIAL UPDATE ▪ Q4 FY20 revenue from operations impacted due to shutdown of Parks in March 2020 to prevent Covid -19 outbreak and resulted in 30% reduction YoY from Rs 606.54 mn to Rs 424.2 mn driven by 31 % reduction in footfall. ▪ For Q4 FY20 , ticket revenue reduced b
Slide 5: COVID-19 Impact
COVID-19 IMPACT BUSINESS UPDATE • In view of COVID outbreak, the management decided to temporarily shut down operations in the month of March 2020. The decision has been taken by the management in accordance with safety and precautionary instructions outlined by the State Government to prevent and c
Slide 6: Upcoming Projects
UPCOMING PROJECTS CHENNAI PROJECT: The Government of Tamil Nadu has agreed to give an exemption to the Company from levy of Entertainment Tax for period of 5 years from the commencement of operations or 1st October 2021 (whichever is earlier).. Subsequently we had also obtained NOCs from various dep
Slide 7: Q4 & FY20 Revenue Analysis
Q4 & FY20 REVENUE ANALYSIS In Rs Mn SERVICES VS. PRODUCTS PORTFOLIO BREAKUP 606.5 424.2 2,820.4 2,708.7 606.5 424.2 2,820.4 2,708.7 4.9% 5.0% 4.1% 4.1% 25.4% 25.9% 24.0% 23.9% 26.8% 27.8% 30.2% 27.4% 27.6% 27.7% 25.0% 27.7% 74.6% 74.1% 76.0% 76.1% 39.7% 37.1% 44.1% 40.8% Q4 FY19 Q4 FY20 FY19 FY20 Q4
Slide 8: Q4 & FY20 Revenue Analysis
Q4 & FY20 REVENUE ANALYSIS AVG. REVENUE PER VISITOR (PARKS) (In Rs) * AVG. TICKET REVENUE PER VISITOR (PARKS) (In Rs) 1,072 1,091 984 995 803 816 723 727 1.1 % 1.8 % 0.5 % 1.7% Q4 FY19 Q4 FY20 FY 19 FY 20 Q4 FY19 Q4 FY20 FY 19 FY 20 AVG. NON-TICKET REVENUE PER VISITOR (PARKS) (In Rs) BREAK-UP OF NON
Slide 9: Bangalore Park
BLA BANGALORE PARK
Slide 10: Portfolio Update – Amusement Park, Bangalore
PORTFOLIO UPDATE – AMUSEMENT PARK, BANGALORE • Launched in 2005 by the name ‘Wonderla’ • Wonderla Bangalore is located off the Bangalore-Mysore highway, 28 km from Central Bangalore • Situated on 81.75 acres of land with 61 land and water based attractions and other allied facilities • 5 company-ope
Slide 11: Bangalore Park – Revenue & Footfall Analysis
BANGALORE PARK – REVENUE & FOOTFALL ANALYSIS AVG. TICKET REVENUE PER VISITOR (In Rs) AVG. NON-TICKET REVENUE PER VISITOR (In Rs) 898 934 824 848 300 292 3% 4.1 % 9.3 % 4.7 % 278 274 Q4 FY19 Q4 FY20 FY19 FY20 Q4 FY19 Q4 FY20 FY19 FY20 FOOTFALLS – WALK-IN Vs. GROUP / CHANNEL (‘000) FOOTFALLS – REGIONW
Slide 12: Portfolio Update – Wonderla Resort, Bangalore
PORTFOLIO UPDATE – WONDERLA RESORT, BANGALORE • Three Star leisure resort attached to the amusement park; launched in March 2012 • The resort has 84 luxury rooms • The resort also has 4 banquet halls / conference rooms, totalling 8,900 sq. ft. with a capacity to hold 800 guests and a well-equipped b
Slide 13: Kochi Park
KOCHI PARK
Slide 14: Portfolio Update – Amusement Park, Kochi
PORTFOLIO UPDATE – AMUSEMENT PARK, KOCHI • Launched in 2000 by the name ‘Veegaland’ and operating under the name ‘Wonderla’ since April 2008 • Situated on 93.17 acres of land, and currently occupying 28.75 acres for 56 land and water based attractions and other allied facilities • 6 restaurants offe
Slide 15: Kochi Park – Revenue & Footfall Analysis
KOCHI PARK – REVENUE & FOOTFALL ANALYSIS AVG. TICKET REVENUE PER VISITOR (In Rs) AVG. NON-TICKET REVENUE PER VISITOR (In Rs) 694 724 638 655 231 231 238 244 2.7 % 4.2 % 2.6 % Q4 FY19 Q4 FY20 FY19 FY20 Q4 FY19 Q4 FY20 FY19 FY20 FOOTFALLS – WALK-IN Vs. GROUP / CHANNEL (‘000) FOOTFALLS – REGIONWISE BRE
Slide 16: Hyderabad Park
HYDERABAD PARK
Slide 17: Portfolio Update – Amusement Park, Hyderabad
PORTFOLIO UPDATE – AMUSEMENT PARK, HYDERABAD • Launched in April 2016 by the name ‘Wonderla’. • Situated on 49.5 acres of land, and currently occupying 27.0 acres for 46 land and water-based attractions and other allied facilities. • 4 company operated restaurants offering various cuisines • The Par
Slide 18: Hyderabad Park – Revenue & Footfall Analysis
HYDERABAD PARK – REVENUE & FOOTFALL ANALYSIS AVG. TICKET REVENUE PER VISITOR (In Rs) AVG. NON-TICKET REVENUE PER VISITOR (In Rs) 776 767 691 675 278 271 290 288 2.3 % 1.2 % 2.5 % 0.7 % Q4 FY19 Q4 FY20 FY19 FY20 Q4 FY19 Q4 FY20 FY19 FY20 FOOTFALLS – WALK-IN Vs. GROUP / CHANNEL (‘000) FOOTFALLS – REGI
Slide 19: Financials – P&L Statement
FINANCIALS – P&L STATEMENT Particulars (Rs Mn) Q4 FY 20 Q4 FY 19 YoY % FY 20 FY 19 YoY % Sale of Services 314.5 452.3 -30% 2,062.1 2,144.2 -4% Sale of products 109.3 153.5 -29% 644.7 673.9 -4% Other Operating Revenue 0.5 0.8 - 1.9 2.3 - Revenue from Operations 424.2 606.5 -30% 2,708.7 2,820.4 -4% Co
Slide 20: Financials – Balance Sheet
FINANCIALS – BALANCE SHEET As of As of As of As of 31 March 2020 31 March 2019 31 March 2020 31 March 2019 EQUITY AND LIABILITIES ASSETS Equity Non-current assets: Equity share capital 565.2 565.1 Property, plant and equipment 7,767.7 7,981.4 Other equity 8,024.1 7,620.2 Capital work-in-progress 358
Slide 21: Company Overview – Board of Directors & Management Team
COMPANY OVERVIEW – BOARD OF DIRECTORS & MANAGEMENT TEAM • 20 years in the industry • 15+ years in the industry ARUN KOCHOUSEPH KOCHOUSEPH CHITTILAPPILLY • Founded V-Guard Industries Ltd., a publicly • Holds a masters degree in industrial CHITTILAPPILLY PROMOTER AND listed company since 2008 and is c
Slide 22: Company Overview – Understanding the Wonderla Advantage
COMPANY OVERVIEW – UNDERSTANDING THE WONDERLA ADVANTAGE KEY CONCERNS ON SCALABILITY WONDERLA ADVANTAGE • In-House Design Capability for the Amusement Park HIGHLY CAPITAL • In-House Ride Manufacturing Facility in Kochi INTENSIVE BUSINESS • Manufactured / constructed 42 rides / attractions in-house •
Slide 23: Company Overview – Sustainable Competitive Advantages
COMPANY OVERVIEW – SUSTAINABLE COMPETITIVE ADVANTAGES OVER A DECADE OF OPERATIONAL PROXIMITY TO CITY WITH AMPLE LAND EXPERIENCE AND BRAND EQUITY AVAILABLE FOR FUTURE DEVELOPMENT • 20+ yrs of successful operations of the parks has built significant brand equity • Owns 93.17 acres in Kochi, 81.75 acre
Slide 24: Company Overview – Future Growth Strategy
COMPANY OVERVIEW – FUTURE GROWTH STRATEGY • Currently in process of Construction of Project in Chennai as well as identifying potential SCALABILITY – EXPANSION THROUGH SETTING opportunities for setting up new parks in other key geographies NEW AMUSEMENT PARKS • Board has recently approved setting up
Slide 25: Company Overview – Global Ranking and Recognition
COMPANY OVERVIEW – GLOBAL RANKING AND RECOGNITION Wonderla parks in Bangalore, Kochi and Hyderabad were ranked at #3, #4 and #7 in India by Tripadvisor Wonderla Bangalore ranked 8th Best and Wonderla Kochi ranked 16th Best in Asia. 25
Slide 26: For Further Queries
FOR FURTHER QUERIES - Mr. Satheesh Seshadri Mehul Mehta/Nachiket Kale CFO IR Consultant Email – Dickenson World satheesh.seshadri@wonderla.com Contact No : +91 9920940808 Email – wonderla@dickensonworld.com Disclaimer This presentation and the following discussion may contain “forward looking statem