Wonderla Holidays Ltd - Hidden Gem - Buy

Wonderla Holidays ltd started in the year 2002 at kochi for amusment park and resorts, and in 2009 they opened another amusment park at Bangalore, After 2009 they started good revenue from bangalore amusment park, 75 % of their Revenue comes mainly from their Bangalore We see this company revenue improving year and year this is the only amusment park listed in NSE & BSE, Compare with other listed companies in the same sector country club WHL value is cheap. Another milestone for this company they are going to start another amusment park at Hyderabad, After the commencement of Hyderabad unit we can expect its revenue can increase to three hold.

Mar13	Mar12	Mar11	Mar10	Mar09
Income :
Operating Income	137.85	113.13	89.64	68.87	62.36
Expenses
Material Consumed	7.22	4.75	4.17	3.64	3.17
Manufacturing Expenses	20.73	16.96	12.39	11.45	10.40
Personnel Expenses	27.42	20.75	13.81	11.21	9.88
Selling Expenses	0.00	0.00	0.00	0.00	0.00
Adminstrative Expenses	19.64	15.18	13.34	11.34	11.19
Expenses Capitalised	0.00	0.00	0.00	0.00	0.00
Cost Of Sales	75.01	57.64	43.71	37.64	34.65
Operating Profit	62.84	55.50	45.94	31.23	27.71
Other Recurring Income	1.32	1.39	1.57	0.89	0.95
Adjusted PBDIT	64.16	56.89	47.51	32.11	28.66
Financial Expenses	2.23	1.13	3.90	5.78	7.64
Depreciation	11.85	11.56	11.83	11.83	11.73
Other Write offs	0.00	0.00	0.00	0.00	0.00
Adjusted PBT	50.09	44.20	31.78	14.50	9.30
Tax Charges	16.61	14.33	11.06	5.12	-1.73
Adjusted PAT	33.48	29.87	20.72	9.38	11.03
Non Recurring Items	0.00	0.00	10.80	0.00	0.00
Other Non Cash adjustments	0.00	0.00	0.00	0.00	0.00
Reported Net Profit	33.48	29.87	31.52	9.38	11.03
Earnigs Before Appropriation	78.43	54.49	34.18	9.38	11.03
Equity Dividend	5.23	5.28	5.28	0.00	0.00
Preference Dividend	0.00	0.00	0.00	0.00	0.00
Dividend Tax	1.07	1.02	1.02	0.00	0.00
Retained Earnings	72.13	48.19	27.88	9.38	11.03

Source Dion Global Solution ltd

This stock is listed in both NSE & BSE Cmp 253 TGT 400 in short term view