Breaking records: This multibagger small-cap stock reports highest ever quarterly Revenue, EBITDA, PBT and PAT since inception; hits fresh 52-week high!

In a remarkable achievement since its inception, the company has attained its highest-ever quarterly figures for Revenue, EBITDA, PBT, and PAT

On Friday, shares of Wonderla Holidays zoomed more than 4 per cent to trade at a new 52-week high level of Rs 648 apiece on BSE. The scrip witnessed massive spurt in volume by more than 6 times. Wonderla Holidays is engaged in the business of amusement parks and resort.

In the initial quarter concluding on June 30, 2023, the gross revenue totalled Rs 190.27 crore, demonstrating a substantial advancement of 25 per cent in contrast to the preceding year's equivalent period, during which Rs 152.30 crore was attained.

The EBITDA amounted to Rs 122.50 crore, indicating a robust expansion of 30 per cent when juxtaposed with the corresponding period of the prior financial year, wherein Rs 94.20 crore was realized. The profit after tax for Q1FY24, stood at Rs 84.47 crore, showcasing a notable upswing of 31 per cent as compared to the corresponding period in the preceding financial year, when Rs 64.38 crore was secured.

In a remarkable achievement since its inception, the company has attained its highest-ever quarterly figures for Revenue, EBITDA, PBT, and PAT. Noteworthy footfall figures were reported across various locations, with Bangalore Park registering an impressive 4.69 lakh footfalls, Kochi Park garnering 3.19 lakh footfalls, and Hyderabad Park receiving 3.14 lakh footfalls.

This outstanding performance was underpinned by a strong double-digit growth in revenue across all units, largely attributed to robust footfall statistics. Specifically, the Park segment exhibited a noteworthy 23 per cent increase in revenue when compared to the first quarter of the previous fiscal year (Q1 FY23), accompanied by an impressive Average Revenue Per User (ARPU) of Rs 1,626. Additionally, the Resort segment demonstrated a commendable 10 per cent rise in revenue in comparison to Q1 FY23. 

With the parks operating at full capacity since Q1 FY23, the company directed its efforts toward refining ticket pricing, bolstering non-ticket revenue streams, and capturing a larger segment of retail footfall. The company's focal point was on cultivating a clientele of higher-spending retail patrons, shifting emphasis from group-related business.

This consistent growth trajectory, coupled with the attainment of record-breaking financial milestones, positions the company for a promising outlook in the business landscape. The company’s unwavering commitment to innovation, excellence, and customer contentment lays the foundation for continued expansion and triumph in the upcoming quarters. The company's robust financial performance and adaptability in response to evolving market dynamics solidify its standing as a formidable contender within the amusement and entertainment sector.

The stock has witnessed significant buying activity as it has given multibagger returns of more than 300 per cent in just 3 years. Keep a close eye on this trending multibagger stock.

Disclaimer: The article is for informational purposes only and not investment advice.