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Wonderla Holidays Annual Report 2023 Summary

Updated: Oct 1, 2023

  • Wonderla is a themed entertainment destination that strives to create unforgettable experiences for our guests, whether it's through our thrilling rides, immersive attractions, world-class entertainment, or exceptional customer service.

  • The Company achieved tremendous performance, breaking previous footfall, sales, EBITDA, and PAT records in FY23. The Company's focus and investment in new attractions contributed to the ongoing increase in footfall and income.

  • Leveraging our expertise of over two decades, we will continue curating exceptional experiences for our customers.

  • The company operates three parks in Bangalore, Hyderabad, and Kochi, offering entertainment, fun, and adventure in a single location. They also have a resort in Bangalore that complements the park experience.

  • Their mission is to build and operate resource-efficient amusement spaces that deliver a fun, thrilling, and hygienic experience to guests. The parks provide diverse water and land-based attractions for all ages, from roller coasters to water slides. They also prioritize great food options to satisfy cravings and focus on curating joyous moments and memorable experiences for their customers.

  • 3 Amusement parks 110 acres Total land area covered 10 Banquet halls 4 New rides introduced 162 Total rides across locations 39 million Visitors since the year 2000 33 lacs Footfall in FY23

  • Bangalore Park Highlights: 33% Footfall Increase, 51% Revenue Increase, 8% Average ticket revenue growth, 14% Average non-ticket revenue growth The Wonderla Resort in Bangalore combines luxury and comfort to provide an unforgettable hospitality experience. With 84 lavish rooms, our three-star leisure resort surpasses expectations, creating cherished memories that last a lifetime. From weddings to corporate events, our four banquet halls and well-equipped boardroom offer the perfect venue for gatherings of up to 800 guests.

  • Kochi Park Highlights: 47% Footfall Increase, 72% Revenue Increase, 18% Average ticket revenue growth, 9% Average non-ticket revenue growth Embark on a thrilling journey to Wonderla Kochi, where 33 land rides and 21 wet rides await your arrival. Spread across 30 acres, this fun-filled paradise promises an unforgettable adventure that will leave you craving for more. Experience the joy and excitement that make Wonderla Kochi a happening place.

  • Hyderabad Park Highlights: 37% Footfall Increase, 64% Revenue Increase, 18% Average ticket revenue growth, 19% Average non-ticket revenue growth

  • Wonderla Holidays Limited has experienced a remarkable turnaround in the fiscal year 2022-23 after facing challenges due to the pandemic's impact on operations. They achieved a 130% growth in EPS compared to the earlier peak, with record-breaking footfall, revenue, EBITDA, and PAT. They transformed last year's loss into a significant profit, resulting in a recommended dividend of 25% on equity capital.

  • The success can be attributed to pent-up demand for entertainment after restrictions, improved visitor revenue, and a focus on enriching the customer experience with new attractions and restaurant refurbishments.

  • The company aims to expand further with amusement parks in Madhya Pradesh, Punjab, and Goa, and is exploring an asset-light model for a new park in Odisha. They have remained debt-free and emphasize financial stewardship.

  • In FY2023, Wonderla had an average footfall rise of 39% across all of our parks.

  • As we move forward, we will continue to focus on creating engaging experiences, leveraging digital platforms, and implementing innovative marketing strategies to further enhance our brand presence and maintain our position as a premier amusement park company.

  • Company plans to open Bhubaneswar and Chennai parks in the future and is considering expansion opportunities offered by various states with long-term land leases and tax benefits.



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