Wonderla Holidays Ltd. · NSE:WONDERLA
Wonderla Holidays — Q4 FY15 Earnings Presentation
21 slides from Wonderla Holidays's earnings presentation, May 2015
Slide 1: Q4 & Full Year FY15 Results Update
Q4 & FULL YEAR FY15 RESULTS UPDATE MAY 2015
Slide 2: Discussion Summary
DISCUSSION SUMMARY Q4 & FY15 RESULTS HIGHLIGHTS OUR PORTFOLIO UPDATE AMUSEMENT PARK, BANGALORE RESORT, BANGALORE AMUSEMENT PARK, KOCHI AMUSEMENT PARK, HYDERABAD COMPANY OVERVIEW ANNEXURE 2
Slide 3: Q4 & FY15 Results Highlights
Q4 & FY15 RESULTS HIGHLIGHTS Q4 FY15 YoY ANALYSIS REVENUES** EBITDA* & EBITDA MARGIN CASH PAT, PAT & PAT MARGIN 42.7% 38.6% 376.9 20.7% 17.5% 344.8 147.2 145.7 4.2 % 102.3 106.6 9.3 % -1.1 % -7.9 % 71.5 65.9 Q4 FY14 Q4 FY15 Q4 FY14 Q4 FY15 Q4 FY14 Q4 FY15 EBITDA* EBITDA Margin % PAT* Cash PAT* PAT M
Slide 4: Q4 & FY15 Results Highlights - Financial Update
Q4 & FY15 RESULTS HIGHLIGHTS FINANCIAL UPDATE – Q4 FY15 Revenues from Operations grew by 9.3% YoY to Rs 376.9 mn from Rs 344.8 mn in Q4 FY14. Q4 FY15 Adjusted EBIDTA marginally declined by 1.1% YoY to Rs 145.7 mn from Rs 147.2 mn in Q4 FY14. Adjusted EBIDTA Margin decreased by 406 bps YoY to 38.
Slide 5: Q4 & FY15 Results - Revenue Analysis
Q4 & FY15 RESULTS - REVENUE ANALYSIS SERVICES VS. PRODUCTS PORTFOLIO BREAKUP 339.5 364.6 1,536.3 1,818.7 339.5 364.6 1,536.3 1,818.7 12.8% 13.3% 12.1% 12.4% 5.1% 5.5% 4.2% 5.4% 40.8% 40.8% 40.5% 39.2% 87.2% 86.7% 87.9% 87.6% 54.1% 53.7% 55.3% 55.4% Q4 FY14 Q4 FY15 FY14 FY15 Q4 FY14 Q4 FY15 FY14 FY15
Slide 6: 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, 28km from central Bangalore. • Situated on 81.75 acres of land with 59 land and water based attractions and other allied facilities. • 7 restauran
Slide 7: 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 as well as a well e
Slide 8: 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 55 land and water based attractions and other allied facilities. • 7 restaurants of
Slide 9: Portfolio Update - Amusement Park, Hyderabad
PORTFOLIO UPDATE – AMUSEMENT PARK, HYDERABAD Hyderabad Project Update - • Over 49.5 acres of land has been acquired for the Hyderabad Park. Current Park development is on 27 acres of Land. The park would initially comprise of 43 rides (wet + dry) • All the approvals, including land acquisition, are
Slide 10: Portfolio Update - Amusement Park, Hyderabad
PORTFOLIO UPDATE – AMUSEMENT PARK, HYDERABAD CONSTRUCTION OF ROLLER COASTER CONSTRUCTION OF WONDER SPLASH CONSTRUCTION OF TERMITE COATER TRACK CONSTRUCTION OF WAVES RESTAURANT 10
Slide 11: Financials - P&L Statement
FINANCIALS - P&L STATEMENT Particulars (In Rs Mn) Q4FY15 Q4 FY14 YoY % FY15 FY14 YoY % Sale of Services 316.1 295.9 6.8% 1,593.4 1,350.6 18.0% Sale of products 48.5 43.4 11.8% 225.3 185.6 21.3% Other Operating Income 12.3 5.5 124.6% 46.1 24.1 91.7% Total Revenue from Operations 376.9 344.8 9.3% 1,86
Slide 12: Financials - Balance Sheet
FINANCIALS – BALANCE SHEET Particulars FY14 FY15 Particulars FY14 FY15 Share Holders’ Funds: Non-current assets: Equity share capital 420.0 565.0 Fixed assets Reserves and Surplus 1,079.3 2,999.4 Tangible assets 1,449.9 1,388.1 Total of Shareholder funds 1,499.3 3,564.4 Intangible assets 4.7 5.5 Cap
Slide 13: Company Overview - About Us
COMPANY OVERVIEW – ABOUT US • One of the largest amusement park operators in India with over 14 years of successful operations. Management has operational experience in the amusement park industry for over a decade. • The promoters launched the first amusement park in 2000 in Kochi under the name Ve
Slide 14: Company Overview - Shareholding Structure
COMPANY OVERVIEW - SHAREHOLDING STRUCTURE SHARE PRICE PERFORMANCE Market Data As on 21.05.15 (BSE) 400 350 Market capitalization (Rs Mn) 15,029.2 300 266.5 250 Price (Rs.) 266.0 200 150 No. of shares outstanding (Mn) 56.5 100 50 Face Value (Rs.) 10.00 0 May-14 Aug-14 Nov-14 Feb-15 May-15 52 week Hig
Slide 15: Company Overview - Financial Overview
COMPANY OVERVIEW – FINANCIAL OVERVIEW REVENUES EBITDA & EBITDA Margin PAT & PAT Margin CAGR: 19.6% 1,864.8 CAGR: 12.6% CAGR: 15.7% 1,560.3 34.6% 1,391.7 52.1% 49.7% 26.1% 24.1% 25.6% 27.2% 1,145.2 46.1% 46.6% 45.7% 912.2 851.7 506.3 641.6 727.4 398.9 475.1 568.9 315.2 298.7 334.8 FY11 FY12 FY13 FY14
Slide 16: 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 • 14+ yrs of successful operations of the parks has • Already acquired 49.57 acres of land for built significant brand equ
Slide 17: Company Overview - Future Growth Strategy
COMPANY OVERVIEW – FUTURE GROWTH STRATEGY SCALABILITY – EXPANSION THROUGH SETTING • Already Acquired 49.57 acres of land near Hyderabad and in the process of NEW AMUSEMENT PARKS identifying land in Chennai FOCUS ON IMPROVISING EXISTING PARKS TO • Evaluate customer preferences to innovate attractions
Slide 18: Disclaimer
DISCLAIMER This presentation and the following discussion may contain “forward looking statements” by Wonderla Holidays Limited (“Wonderla” or the Company) that are not historical in nature. These forward looking statements, which may include statements relating to future results of operations, fina
Slide 19: Thank You
FOR FURTHER QUERIES - THANK YOU Mr. Nandakumar Ammeet Sabarwal / Nilesh Dalvi Wonderla Holidays Ltd. Dickenson Seagull IR V P Finance Contact No : +91 9819576873 / + 91 9819289131 Email - nandakumar@wonderla.com Email - ammeet.sabarwal@dickensonir.com nilesh.dalvi@dickensonir.com 19
Slide 20: Annexure
ANNEXURE 20
Slide 21: Recent Awards & Recognition
RECENT AWARDS & RECOGNITION • Wonderla amusement park Bangalore has been ranked No.1 in India according to Trip Advisor's travellers choice awards 2014 while its Kochi counterpart has been ranked number 3 in the same ranking list. • In Asia rankings, Wonderla Bangalore ranks 7 and Wonderla Kochi ran