Wonderla Holidays

By Praveen Paramasivam

July 22 (Reuters) - Entertainment park operator Imagicaaworld IMAW.NS plans to invest up to 10 billion rupees ($103.6 million) over the next five to six years to expand into major Indian cities as demand for leisure experiences rises, a top executive said.

The push would deepen Imagicaaworld Entertainment's presence in a market led by larger rival Wonderla Holidays WOHL.NS as spending on experiences is expected to outpace physical goods purchases through 2030, according to property consultancy CBRE.

"(Imagicaaworld plans) to go across India in all tier-1 cities to begin with," Managing Director Jai Malpani said, citing improving spending power and infrastructure in cities such as Bengaluru and Hyderabad, and the New Delhi metropolitan area.

The company, which operates amusement and theme parks in western cities including Indore and Surat as well as Lonavala near Mumbai, plans to take its portfolio to 13 parks from nine.

The amusement parks sector in India is expected to reach $11.36 billion in revenue by 2033 from $6.96 billion in 2026, according to researcher and consultancy Grand View Research.

PRICE HIKES TO BOOST MARGINS

The expansion plan comes as the operator also looks to rebuild margins after a weak year.

Imagicaaworld plans to raise ticket prices by 5% to 8% in the December quarter and cut discounts, seeking to offset higher electricity and labour costs after keeping prices largely steady in recent years, Malpani said.

The company expects fiscal 2027 revenue growth in the high single-digit to double-digit percentage range, with earnings before interest, taxes, depreciation and amortisation (EBITDA) margin "between 40 and 43-odd percentage".

Revenue from operations fell 9% to 3.74 billion rupees in the last fiscal year, while EBITDA margin narrowed to 31% from 42.8%, as an early monsoon and the India-Pakistan conflict disrupted footfalls during the crucial summer season.

($1 = 96.4850 Indian rupees)

(Reporting by Praveen Paramasivam in Chennai; Editing by Dhanya Skariachan and Subhranshu Sahu)

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May 7 (Reuters) - Wonderla Holidays Ltd WOHL.NS:

• MARCH-QUARTER PROFIT 164.2 MILLION RUPEES

• MARCH-QUARTER REVENUE FROM OPERATIONS 1.36 BILLION RUPEES

• RECOMMENDS FINAL DIVIDEND OF 2 RUPEES PER EQUITY SHARE

Source text: [ID:]

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Feb 4 (Reuters) - Wonderla Holidays Ltd WOHL.NS:

• WONDERLA HOLIDAYS LTD DEC-QUARTER PROFIT 144.8 MILLION RUPEES

• WONDERLA HOLIDAYS LTD DEC-QUARTER TOTAL REVENUE FROM OPERATIONS 1.35 BILLION RUPEES

Source text: [ID:]

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May 7 (Reuters) - Wonderla Holidays Ltd WOHL.NS:

• DIVIDEND 2 RUPEES PER SHARE

• RE-APPOINTS ARUN K CHITTILAPPILLY AS MD, EXECUTIVE CHAIRMAN

Source text: ID:nNSE19VG3s

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March 13 (Reuters) - Wonderla Holidays Ltd WOHL.NS:

• WONDERLA HOLIDAYS LTD - RECEIVES 200 MILLION RUPEES SUBSIDY FROM ODISHA GOVERNMENT

Source text: ID:nBSE3RNjlR

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** Shares of Wonderla Holidays WOHL.NS rise 14.7% to 947.4 rupees, their highest since July 9

** Amusement parks co opened a qualified institutional placement (QIP) of shares; sets floor price of 829.74 rupees per share

** Co, at its discretion, may offer up to a 5% discount on the floor price, it says

** WOHL sees busiest day in over a year, with over 1.4 mln shares traded

** Stock last up 8.8%, reversing its YTD losses to a 6.8% gain

(Reporting by Aleef Jahan in Bengaluru)

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Oct 4 (Reuters) - Wonderla Holidays Ltd WOHL.NS:

• APPROVED RAISING OF FUNDS UPTO 8 BILLION RUPEES VIA SHARES

Source text for Eikon: ID:nBSE3K0rDd

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** Shares of Wonderla Holidays Ltd WOHL.NS fall as much as 9.7% to 840.95 rupees

** Amusement parks and resorts co reported 25.1% fall in Q1 profit to 632.4 mln rupees ($7.55 million)

** Q1 total rev. from ops. fell 6.4% y/y and total expenses increased 20.4% y/y

** Stock on track to snap 3 days of gains

** More than 388,000 shares traded as of 3:21 p.m., 8.2x their 30-day moving avg

** WOHL last down 5.8%, rose 3.9% YTD so far

($1 = 83.7158 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

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** Shares of amusement parks and resorts operator Wonderla Holidays WOHL.NS up as much as 3.5% to 987.4 rupees, their highest since Nov. 21

** Analysts at Ambit Capital see WOHL's increased digital reach, higher partnership interest by states as key upsides

** Faster-than-expected operational execution drives 8% increase in FY25E revenue of co - Ambit

** Adds favourable macro factors with increased propensity to spend and co's better infrastructure drives bullish view on co

** Maintains "buy" rating, increases two-year direct cash flow based PT by 5% to 1,350 rupees

** About 348,000 shares change hands, 1.4 times the 30-day average

** Stock last up 3.1%, extending YTD gains to ~190%

(Reporting by Manvi Pant in Bengaluru)

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Nov 20 (Reuters) - Wonderla Holidays Ltd WOHL.NS:

• NAMES SAJI K LOUIZ CFO

Source text for Eikon: ID:nNSE8Hpc65

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** Shares of amusement parks and resorts operator Wonderla Holidays WOHL.NS jump as much as 6.2% to a record high of 857.60 rupees

** WOHL says got approval from state government of Tamil Nadu to commence construction of Chennai project

** Co says would invest about 4 bln rupees ($48.13 mln) for project spanning across 62 acres in Illalur village

** Stock's Relative Strength Index (RSI) at 72.8 as of 10:21 a.m. IST, indicating it is in overbought zone

** More than 218,000 shares traded, about the same volume as their 30-day avg

** As of last close, WOHL has more than doubled YTD

($1 = 83.1025 Indian rupees)

(Reporting by Rama Venkat in Bengaluru)

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Aug 11 (Reuters) - Wonderla Holidays Ltd WOHL.NS:

• JUNE-QUARTER PROFIT 844.7 MILLION RUPEES VERSUS PROFIT 643.8 MILLION RUPEES

• JUNE-QUARTER TOTAL REVENUE FROM OPERATIONS 1.85 BILLION RUPEES VERSUS 1.49 BILLION RUPEES

Source text for Eikon: ID:nBSE8dGs9G

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** Shares of Wonderla Holidays Ltd WOHL.NS rise as much as 7.1% to a record high of 498 rupees

** Wonderla saw over four-fold rise in March-qtr profit of 350.5 mln rupees ($4.29 mln)

** Rev from ops at 986 mln rupees, up ~70% Y/Y

** Co declares dividend of 2.5 rupees per share

** Also said construction of new park in Bhubaneswar started, aims to open by 2025

** If trend holds, stock set for a second consecutive session of gains

** About 441,200 shares change hands, 2x the 30-day avg - Refinitiv Data

** Stock up 36.1% YTD, as of last close

($1 = 81.7800 Indian rupees)

(Reporting by Priya Sagar in Bengaluru)

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May 24 (Reuters) - Wonderla Holidays Ltd WOHL.NS:

• CONSTRUCTION OF NEW PARK IN BHUBANESWAR, ODISHA HAS BEGUN, AIM TO OPEN IT BY 2025

Source text for Eikon: ID:nBSE7cmjQb

Further company coverage: WOHL.NS

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