Wonderla Holidays Ltd

Daily chart

The stock is testing the resistance between 950-1000 zone, main highlights

• ARPU for the quarter at INR1,256, 6% increase YoY
• Non-ticket revenue contribution increased to 35% for the quarter
• Expansion plans on track with parks in Orissa and Chennai
• Signed MoU with Gujarat government for tourist destination
• Plans to open Bhubaneswar Park in latter half of May
• Chennai Park expected to open in second or third quarter of FY '26

Near term triggers ( ~ 1 year)

• Expectation of 5% footfall growth in existing parks and 5-6 lakhs footfall for Bhubaneswar Park in FY '25 - around 69 Cr revenue
• Plans to double revenues from resorts in Bangalore

The stock has been trading at an EVEBITDA of 20 which seems fair to me but above the 5 year median of 12.3

RISKS
This year we are expected to have shortage of Kaveri water and this might lead to protest around the Mysore highway ( happened previously link)