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Last Updated on: 23 April, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: 538268 | NSE: WONDERLA

Fundamental Analysis of Wonderla Holidays Ltd

Basic Stock Data

Last Updated: April 23, 2024, 2:18 pm

Market Cap 5,679 Cr.
Current Price 1,004
High / Low1,107/423
Stock P/E33.3
Book Value 183
Dividend Yield0.25 %
ROCE22.0 %
ROE16.4 %
Face Value 10.0

Data Source: screener.in

Competitors of Wonderla Holidays Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Ajwa Fun World & Resort Ltd 13.3 Cr. 20.833.2/15.047.5 2.770.00 %17.1 %% 10.0
Industry Average13.30 Cr20.8047.502.770.00%17.10%0.00%10.00

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales5334174858149661139918575124
Expenses15311421343858475756685569
Operating Profit-103-10-41420911956421172054
OPM %-205%8%-233%-20%30%34%61%29%50%43%63%27%44%
Other Income11112134514666
Interest0000000000000
Depreciation10101010910999910810
Profit before tax-19-6-19-12612851452471121850
Tax %23%22%30%23%30%28%24%27%26%26%25%27%26%
Net Profit-15-5-13-95964113935841437
EPS in Rs-2.61-0.86-2.34-1.640.801.5011.381.866.886.2014.932.396.60

Last Updated: April 10, 2024, 5:23 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: April 6, 2024, 1:31 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales11313815418220526327128227138129429482
Expenses57758310012119518116716667107216248
Operating Profit56637182856889115105-2822213234
OPM %49%46%46%45%41%26%33%41%39%-74%17%50%49%
Other Income1229181181031642332
Interest1222211221121
Depreciation12121316142937404244383537
Profit before tax445058738749598493-66-13199228
Tax %32%33%31%31%31%30%35%34%30%25%26%25%
Net Profit303440516034385565-50-9149170
EPS in Rs7.158.009.508.9610.596.006.819.8111.46-8.83-1.6826.3330.12
Dividend Payout %21%19%16%17%19%17%22%18%16%0%0%10%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)13.33%17.65%27.50%17.65%-43.33%11.76%44.74%18.18%-176.92%82.00%1755.56%
Change in YoY Net Profit Growth (%)0.00%4.31%9.85%-9.85%-60.98%55.10%32.97%-26.56%-195.10%258.92%1673.56%

Growth

Compounded Sales Growth
10 Years:12%
5 Years:10%
3 Years:17%
TTM:25%
Compounded Profit Growth
10 Years:16%
5 Years:30%
3 Years:45%
TTM:39%
Stock Price CAGR
10 Years:%
5 Years:26%
3 Years:75%
1 Year:120%
Return on Equity
10 Years:6%
5 Years:4%
3 Years:3%
Last Year:16%

Last Updated: April 17, 2024, 10:25 am

Wonderla Holidays Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital42424256565656575757575757
Reserves5278108300346684716762802753744893977
Borrowings222124157194164376
Other Liabilities232526264513715215511698102120127
Total Liabilities1401662003984558979299749819119061,0761,166
Fixed Assets121144145139153708834801785750724726734
CWIP4620401595915343635334279
Investments00019484751250705365120148
Other Assets1416352459556789907384188205
Total Assets1401662003984558979299749819119061,0761,166

Reserves and Borrowings Chart

Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 454950567368849173-2421192
Cash from Investing Activity -39-37-26-223-19-100-38-99-4444-36-164
Cash from Financing Activity -4-11-7149-297-24-13-28-2-2-8
Net Cash Flow2017-1825-2522-22118-1620

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow34.0042.0047.0067.0078.0049.0085.00114.0099.00-32.0019.00206.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days111111221531
Inventory Days14212913417813889768955420178
Days Payable2031561132281921361571171,138506213
Cash Conversion Cycle1-60-2722-49-52-45-79-28-580-301-133
Working Capital Days-52-43-40-42-52-65-64-60-8-47-30-5
ROCE %44%41%38%28%21%9%8%10%8%-8%-2%22%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters69.77%69.77%69.76%69.76%69.76%69.76%69.74%69.74%69.74%69.72%69.72%69.74%
FIIs11.86%10.25%7.63%7.68%7.69%7.73%9.30%8.47%5.69%5.42%4.04%4.50%
DIIs0.82%1.49%3.29%3.13%2.73%2.06%0.68%0.79%2.95%3.61%4.26%4.29%
Public17.55%18.49%19.32%19.43%19.83%20.46%20.28%20.99%21.62%21.26%21.97%21.46%
No. of Shareholders35,56738,09840,36440,18239,22038,12737,54336,61536,48135,59743,46452,633

Shareholding Pattern Chart

No. of Shareholders

Wonderla Holidays Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Tata Small Cap Fund12579971.8110.53
ITI Small Cap Fund2543461.0722.35
Union Small Cap Fund931670.618.19
ITI Multi Cap Fund796890.837
ITI Value Fund370571.853.26

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)26.33-1.68-8.8311.469.81
Diluted EPS (Rs.)26.33-1.68-8.8311.459.80
Cash EPS (Rs.)32.565.12-1.1118.8516.80
Book Value[Excl.RevalReserv]/Share (Rs.)167.90141.59143.19151.97144.85
Book Value[Incl.RevalReserv]/Share (Rs.)167.90141.59143.19151.97144.85
Dividend / Share (Rs.)2.500.000.001.801.80
Revenue From Operations / Share (Rs.)75.8922.566.8047.9249.91
PBDIT / Share (Rs.)41.494.59-3.9420.5421.93
PBIT / Share (Rs.)35.26-2.20-11.6613.1514.94
PBT / Share (Rs.)35.20-2.25-11.7516.3814.87
Net Profit / Share (Rs.)26.33-1.68-8.8311.469.81
PBDIT Margin (%)54.6720.35-58.0042.8643.94
PBIT Margin (%)46.46-9.75-171.6427.4429.94
PBT Margin (%)46.38-9.99-172.8834.1829.79
Net Profit Margin (%)34.69-7.43-129.9623.9119.64
Return on Networth / Equity (%)15.68-1.18-6.167.546.76
Return on Capital Employeed (%)19.21-1.43-7.507.859.49
Return On Assets (%)13.83-1.04-5.486.605.68
Asset Turnover Ratio (%)0.430.140.040.270.29
Current Ratio (X)7.473.443.624.371.54
Quick Ratio (X)7.223.253.404.171.47
Inventory Turnover Ratio (X)2.700.890.351.991.96
Dividend Payout Ratio (NP) (%)0.000.000.0031.4015.29
Dividend Payout Ratio (CP) (%)0.000.000.0019.098.92
Earning Retention Ratio (%)0.000.000.0068.6084.71
Cash Earning Retention Ratio (%)0.000.000.0080.9191.08
Interest Coverage Ratio (X)690.0382.67-46.47171.89305.09
Interest Coverage Ratio (Post Tax) (X)438.82-29.18-103.1168.90137.39
Enterprise Value (Cr.)2286.181292.321049.33734.941717.59
EV / Net Operating Revenue (X)5.3310.1327.312.716.09
EV / EBITDA (X)9.7449.77-47.086.3313.86
MarketCap / Net Operating Revenue (X)5.6410.4528.342.916.24
Retention Ratios (%)0.000.000.0068.5984.70
Price / BV (X)2.551.661.350.912.15
Price / Net Operating Revenue (X)5.6410.4528.342.916.24
EarningsYield0.06-0.01-0.040.080.03

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 1001.90

The stock is overvalued by 0.21% compared to the current price ₹1004

Calculation basis:

  • Fair value = (P/E Ratio * (Return on Equity / 100) * Book Value) * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 18.25%, which is a positive sign.
  2. The stock has a low average Working Capital Days of -42.33, which is a positive sign.
  3. The stock has a low average Cash Conversion Cycle of -110.92, which is a positive sign.
  4. The company has higher reserves (555.00 cr) compared to borrowings (10.69 cr), indicating strong financial stability.
  5. The company has shown consistent growth in sales (227.46 cr) and profit (72.69 cr) over the years.

    Stock Analysis

    • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Wonderla Holidays Ltd:
      1. Net Profit Margin: 34.69%
        • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
      2. ROCE: 19.21% (Industry Average ROCE: 17.1%)
        • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
      3. ROE%: 15.68% (Industry Average ROE: 0%)
        • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
      4. Interest Coverage Ratio (Post Tax): 438.82
        • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
      5. Quick Ratio: 7.22
        • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
      6. ✓ Stock P/E: 33.3 (Industry average Stock P/E: 47.5)
        • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
      7. Total Debt / Equity: N/A
        • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
      The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
      Stock Rating: ★★★★☆

    About the Company

    Wonderla Holidays Ltd. is a Public Limited Listed company incorporated on 18/11/2002 and has its registered office in the State of Karnataka, India. Company’s Corporate Identification Number(CIN) is L55101KA2002PLC031224 and registration number is 031224. Currently Company is involved in the business activities of Bars and restaurants with bars. Company’s Total Operating Revenue is Rs. 127.55 Cr. and Equity Capital is Rs. 56.55 Cr. for the Year ended 31/03/2022.
    INDUSTRYADDRESSCONTACT
    Amusement Parks/RecreationJadenahalli, Hejjala P.O, Bengaluru Karnataka 562109investors@wonderla.com
    http://www.wonderla.com
    Management
    NamePosition Held
    Mr. Kochouseph ChittilappillyChairman Emeritus
    Mr. M RamachandranChairman & Ind.Director
    Mr. R LakshminarayananNon Executive Vice Chairman
    Mr. Arun K ChittilappillyManaging Director
    Mr. George JosephNon Executive Director
    Ms. Priya Sarah Cheeran JosephNon Executive Director
    Mr. Gopal SrinivasanIndependent Director
    Mrs. Anjali NairIndependent Director
    Mr. K Ullas KamathIndependent Director

    Wonderla Holidays Ltd. Share Price Update

    Share PriceValue
    Today₹1,003.00
    Previous Day₹1,022.05

    FAQ

    What is the latest fair value of Wonderla Holidays Ltd?

    The latest fair value of Wonderla Holidays Ltd is ₹1001.90.

    What is the Market Cap of Wonderla Holidays Ltd?

    The Market Cap of Wonderla Holidays Ltd is 5,679 Cr..

    What is the current Stock Price of Wonderla Holidays Ltd as on 23 April 2024?

    The current stock price of Wonderla Holidays Ltd as on 23 April 2024 is 1,004.

    What is the High / Low of Wonderla Holidays Ltd stocks in FY 2024?

    In FY 2024, the High / Low of Wonderla Holidays Ltd stocks is ₹1,107/423.

    What is the Stock P/E of Wonderla Holidays Ltd?

    The Stock P/E of Wonderla Holidays Ltd is 33.3.

    What is the Book Value of Wonderla Holidays Ltd?

    The Book Value of Wonderla Holidays Ltd is 183.

    What is the Dividend Yield of Wonderla Holidays Ltd?

    The Dividend Yield of Wonderla Holidays Ltd is 0.25 %.

    What is the ROCE of Wonderla Holidays Ltd?

    The ROCE of Wonderla Holidays Ltd is 22.0 %.

    What is the ROE of Wonderla Holidays Ltd?

    The ROE of Wonderla Holidays Ltd is 16.4 %.

    What is the Face Value of Wonderla Holidays Ltd?

    The Face Value of Wonderla Holidays Ltd is 10.0.

    About the Author

    Author Avatar
    Getaka

    Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

    Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Wonderla Holidays Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE