Whalesbook
Aise kaise hua ye record-breaking performance?
Asal mein, company ne apne naye parks, Chennai wala Wonderla park aur Bengaluru ka 'The Isle' resort, ko bade successful tarike se integrate kiya hai. Iski wajah se visitors ki sankhya 25% badh kar 8.49 lakh ho gayi. Is quarter mein EBITDA bhi 64% jump karke ₹50 crore ho gaya. Executive Chairman Arun Chittilappilly ka kehna hai ki FY27 mein bhi ye momentum bana rahega.
Itni zabardast results hone ke baad bhi, 7 May 2026 ko Wonderla ka share ₹527 par thoda neeche band hua. Iska reason hai company ka high P/E ratio jo lagbhag 43-44 ke aas paas hai. Investors soch rahe hain ki aage growth itni hi tez rahegi ya nahi. Stock mein pehle bhi kaafi volatility dikhi hai, 2025 mein toh 31.48% tak gira tha, fir badha tha.
Indian amusement park market kaafi tezi se badh raha hai, aur 2033 tak USD 11.3 billion tak pahunch sakta hai. Young population aur tourism initiatives isko boost de rahe hain. Lekin bhai, inflation aur economic uncertainty logon ki kharch karne ki aadat par asar daal sakti hai. Aur 2027 tak toh Universal Studios bhi India aa jayega, jisse competition aur badhegi.
Wonderla ka P/E ratio 40s mein hona dikhata hai ki market usse bahut zyada expect kar raha hai. Past mein stock ka girna bhi ye batata hai ki growth hamesha smooth nahi rahi. Logon ka spending pattern bhi thoda cautious ho gaya hai. Universal Studios jaise players ke aane se market share par bhi impact pad sakta hai. Company ka ROE 7.75% ke aas paas hai, jo ki kuch competitors se kam hai. Lekin company ne apna ₹540 crore ka QIP fund expansion mein achhe se use kiya hai.
Analysts toh filhaal bahut optimistic hain, "Strong Buy" rating de rahe hain aur 18-41% upside expect kar rahe hain. Management bhi resorts badhane, non-ticket revenue increase karne aur naye parks plan kar raha hai. Par stock ka reaction dikhata hai ki market mein thoda confusion hai - analyst ka hope aur consumer ki reality mein difference hai. Wonderla ko domestic demand aur consumer caution, dono ko manage karna hoga.