Wonderla Holidays Q2 Results Live : Wonderla Holidays announced its Q2 results on November 5, 2024, revealing a mixed performance for the quarter. While the company witnessed an 8.85% year-on-year increase in profit, the topline revenue saw a significant decline of 10.35%. This suggests that the company’s cost management strategies may be yielding positive results despite challenging revenue conditions.
Compared to the previous quarter, the figures tell a more troubling story. Revenue dropped sharply by 61.03%, and profit fell by a staggering 76.73%. This decline raises questions about the sustainability of the company’s performance in light of seasonal fluctuations and market dynamics.
In terms of operational efficiency, Wonderla Holidays experienced a slight decrease in selling, general, and administrative expenses, down 1.89% quarter-on-quarter. However, these expenses rose significantly by 32.68% year-on-year, indicating rising operational costs that may need to be addressed going forward.
The company’s operating income plummeted by 119.88% quarter-on-quarter and decreased by 226.85% year-on-year, highlighting severe challenges in maintaining profitability amid declining revenues.
Earnings per share (EPS) for Q2 were reported at ₹2.59, reflecting an 8.38% year-on-year increase. This is a positive indicator for shareholders, suggesting that the company’s profit margins are improving even as revenue contracts.
However, Wonderla Holidays has faced a rough patch in the market, with a return of -2.33% in the last week, -12.4% over the past six months, and only a slight 0.78% gain year-to-date. These figures may cause concern among investors regarding the stock’s performance in a volatile market.
Currently, Wonderla Holidays boasts a market capitalization of ₹4806.75 Cr, with a 52-week high of ₹1105.9 and a low of ₹770.05. This range indicates a high level of volatility in the stock price, reflecting investor sentiment and market conditions.
As of November 6, 2024, out of two analysts covering Wonderla Holidays, one has issued a Buy rating while the other has given a Strong Buy rating. The consensus recommendation is to Strong Buy, suggesting that analysts remain optimistic about the company’s long-term potential despite recent challenges.
Wonderla Holidays Financials
| Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 67.38 | 172.9 | -61.03% | 75.16 | -10.35% |
| Selling/ General/ Admin Expenses Total | 20.01 | 20.4 | -1.89% | 15.08 | +32.68% |
| Depreciation/ Amortization | 14.62 | 12.35 | +18.41% | 8.02 | +82.3% |
| Total Operating Expense | 83.09 | 93.86 | -11.47% | 62.78 | +32.36% |
| Operating Income | -15.71 | 79.03 | -119.88% | 12.39 | -226.85% |
| Net Income Before Taxes | -12.09 | 83.48 | -114.49% | 18.49 | -165.4% |
| Net Income | 14.72 | 63.24 | -76.73% | 13.52 | +8.85% |
| Diluted Normalized EPS | 2.59 | 11.18 | -76.83% | 2.39 | +8.38% |
