Wonderla Holidays Posts Best-Ever Q4 FY26 Revenue; EBITDA Up 64% YoY
Wonderla Holidays delivered its highest-ever Q4 and full-year FY26 revenue, with Q4 revenue from operations at ₹13,584.60 lakhs (+40.4% YoY) and EBITDA at ₹5,000.90 lakhs (+63.7% YoY). The Chennai park, which commenced operations on 2nd December 2025, was a key growth driver, while resort business revenue grew 84% YoY in Q4 FY26. Total footfalls for Q4 stood at 8.79 lakhs (+30% YoY) and FY26 ARPU rose 6% YoY to ₹1,530, reflecting the company's premiumisation strategy. The board recommended a final dividend of ₹2/- per equity share.

*this image is generated using AI for illustrative purposes only.
Wonderla Holidays has delivered its highest-ever Q4 and full-year FY26 revenue, driven by the successful launch of its Chennai amusement park and the new resort offering "Isle by Wonderla" in Bangalore. Announced on 7th May 2026, the results for the fourth quarter and year ended March 31, 2026 reflect robust sales and marketing interventions alongside operational excellence, with strong growth recorded across revenue, EBITDA, and footfalls. The company, which has been visited by over 48 million visitors since 2000 across its five parks in Kochi, Bengaluru, Hyderabad, Bhubaneshwar, and Chennai, reinforced its position as one of the most visited amusement park operators in India. The board also recommended a final dividend of ₹2/- per equity share. In a subsequent regulatory disclosure dated 8th May 2026, the company informed stock exchanges that the audio recording of its Q4 FY26 earnings conference call with investors and analysts has been uploaded on its website and is accessible at the investor relations section, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Q4 FY26 Financial Performance
The company recorded a strong quarter, with revenue from operations and EBITDA both posting significant year-on-year growth. The following table summarises the key consolidated financial metrics for Q4 FY26 and FY26:
| Particulars (₹ Lakhs): | Q4 FY26 | Q4 FY25 | YoY% | Q3 FY26 | FY26 | FY25 | YoY% |
|---|---|---|---|---|---|---|---|
| Revenue from Operations: | 13,584.60 | 9,678.20 | +40.4% | 13,453.00 | 51,877.00 | 45,857.10 | +13.1% |
| Other Income: | 620.30 | 1,080.70 | — | 692.30 | 3,230.70 | 2,421.00 | — |
| Total Income: | 14,204.80 | 10,758.90 | +32.0% | 14,145.30 | 55,107.90 | 48,278.10 | +14.1% |
| Employee Expenses: | 2,240.10 | 2,015.40 | — | 3,091.60 | 9,386.20 | 8,153.10 | — |
| Other Expenses: | 5,462.90 | 4,535.30 | — | 5,549.50 | 20,736.80 | 17,935.50 | — |
| EBITDA: | 5,000.90 | 3,054.20 | +63.7% | 3,909.70 | 19,245.50 | 17,140.10 | +12.3% |
| EBITDA Margin (%): | 35.20 | 28.40 | — | 33.30 | 35.70 | 35.50 | — |
| Depreciation: | 2,788.00 | 1,553.90 | — | 2,098.90 | 8,348.90 | 5,712.20 | — |
| Finance Cost: | 14.10 | 21.60 | — | 26.30 | 63.10 | 73.00 | — |
| Profit before Tax: | 2,198.90 | 1,478.70 | — | 1,784.50 | 10,833.40 | 11,355.00 | — |
| Tax: | 556.50 | 377.70 | — | 336.10 | 2,660.00 | 427.60 | — |
| Profit after Tax: | 1,642.30 | 1,101.00 | +49.2% | 1,448.40 | 8,173.40 | 10,927.40 | -25.2% |
| PAT Margin (%): | 11.60 | 10.20 | — | 10.20 | 14.80 | 22.60 | — |
| EPS (₹): | 2.59 | 1.74 | — | 2.28 | 12.89 | 18.61 | — |
Note: The company had accounted for favourable deferred tax amounting to ₹2,408 lakhs attributable to fair value of freehold land during the previous financial year.
Footfall, Park-Wise Performance and ARPU
Wonderla Holidays recorded total footfalls of 8.79 lakhs during Q4 FY26, marking a 30% year-on-year increase. For the full year FY26, total footfalls stood at 32.19 lakhs, up 6% YoY. The park-wise footfall breakdown is presented below:
| Park: | Q4 FY26 Footfalls (lakhs) | FY26 Footfalls (lakhs) |
|---|---|---|
| Bengaluru: | 2.19 | 10.46 |
| Kochi: | 2.14 | 8.48 |
| Hyderabad: | 2.09 | 8.68 |
| Bhubaneshwar: | 0.46 | 1.91 |
| Chennai: | 1.91 | 2.66 |
The Chennai park, which commenced commercial operations on 2nd December 2025, contributed meaningfully to both Q4 and full-year performance. For Q4 FY26, the Chennai park reported revenue of ₹2,950 lakhs, an Average Ticket Price of ₹1,054, Spend Per Head (SPH) of ₹485, and ARPU of ₹1,539. Alongside volume growth, Average Revenue Per User (ARPU) for FY26 stood at ₹1,530, an increase of 6% YoY, while Q4 FY26 ARPU stood at ₹1,465, up 7% YoY. The company attributes this improvement to a focused strategy centred on premiumisation, value-added services, and enhanced guest engagement.
The park-wise ARPU metrics are detailed below:
| Park: | Metric: | Q4 FY26 | Q4 FY25 | Change | FY26 | FY25 | Change |
|---|---|---|---|---|---|---|---|
| Bengaluru: | Avg. Ticket Price (₹) | 1,115 | 1,052 | +6% | 1,166 | 1,117 | +4% |
| Bengaluru: | Avg. Non-Ticket Price (₹) | 484 | 449 | +8% | 483 | 440 | +10% |
| Bengaluru: | ARPU (₹) | 1,599 | 1,501 | +7% | 1,649 | 1,557 | +6% |
| Kochi: | Avg. Ticket Price (₹) | 961 | 924 | +4% | 1,041 | 1,003 | +4% |
| Kochi: | Avg. Non-Ticket Price (₹) | 400 | 359 | +11% | 412 | 369 | +12% |
| Kochi: | ARPU (₹) | 1,361 | 1,283 | +6% | 1,453 | 1,372 | +6% |
| Hyderabad: | Avg. Ticket Price (₹) | 966 | 917 | +5% | 1,025 | 999 | +3% |
| Hyderabad: | Avg. Non-Ticket Price (₹) | 473 | 456 | +4% | 489 | 450 | +9% |
| Hyderabad: | ARPU (₹) | 1,438 | 1,374 | +5% | 1,514 | 1,449 | +5% |
| Bhubaneshwar: | Avg. Ticket Price (₹) | 558 | 612 | -9% | 713 | 697 | +2% |
| Bhubaneshwar: | Avg. Non-Ticket Price (₹) | 566 | 506 | +12% | 549 | 473 | +16% |
| Bhubaneshwar: | ARPU (₹) | 1,124 | 1,118 | +1% | 1,263 | 1,170 | +8% |
Resort and Hospitality Performance
The new resort offering "Isle by Wonderla" in Bangalore commenced operations from 9th May 2025. The resort business delivered its best-ever performance, with resort business revenue of ₹702 lakhs in Q4 FY26, up 84% YoY, and ₹2,636 lakhs for FY26, up 56% YoY. Resort occupancy stood at 56% in Q4 FY26 (vs. 43% in Q4 FY25) and 53% for FY26 (vs. 49% in FY25). It is also noted that 39 new key additions are planned for Isle in Q1 FY27.
Balance Sheet Highlights
The company's balance sheet as at March 26 reflects the scale-up from its expansion programme. Key balance sheet items are presented below:
| Particulars (₹ Lakhs): | Mar-26 | Mar-25 |
|---|---|---|
| Equity Share Capital: | 6,342.30 | 6,340.90 |
| Other Equity: | 1,77,347.40 | 1,66,027.60 |
| Total Equity: | 1,79,689.70 | 1,72,368.50 |
| Total Non-Current Liabilities: | 7,352.70 | 6,476.90 |
| Total Current Liabilities: | 7,656.90 | 7,315.10 |
| Total Equity & Liabilities: | 1,94,699.20 | 1,86,160.50 |
| Property, Plant & Equipment: | 1,30,766.60 | 94,135.10 |
| Capital Work-in-Progress: | 10,293.90 | 22,548.10 |
| Total Non-Current Assets: | 1,46,419.90 | 1,24,483.90 |
| Investments (Current): | 40,248.10 | 13,595.90 |
| Cash & Cash Equivalents: | 1,679.50 | 1,924.20 |
| Total Current Assets: | 48,279.40 | 61,480.40 |
| Total Assets: | 1,94,699.20 | 1,86,160.50 |
Management Commentary
Commenting on the performance, Mr. Arun Chittilappilly, Executive Chairman and Managing Director of Wonderla Holidays Ltd., said:
"This quarter marks a significant milestone for Wonderla as we delivered our highest-ever Q4 performance, with strong growth across both revenue and profitability. The successful launch and rapid scale-up of our Chennai park has been a key growth driver, contributing meaningfully within a short period and reinforcing the strength of our expansion strategy.
We are also seeing consistent improvement in the quality of our revenues, with ARPU growth driven by our focus on premiumisation, value-added offerings, and enhanced guest engagement. This, along with a significant improvement in our customer experience scores, reflects our continued commitment to delivering differentiated and memorable experiences.
Our resort and expansion of hospitality businesses delivered their best-ever performance during the quarter and financial year, growing by 84% and 55% respectively, further strengthening our position as an integrated leisure destination.
As we move into FY27, with our new assets maturing and continued investments in guest experience and value expansion, we remain confident of sustaining this growth momentum and driving long-term value for our stakeholders."
Regulatory Disclosure
In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Wonderla Holidays has informed the stock exchanges that the audio recording of its Q4 FY26 earnings conference call — held with investors and analysts on May 8, 2026 to discuss the company's performance for the quarter ended March 31, 2026 — has been uploaded on the company's website. The recording, which also included an interactive question and answer session with the management, is accessible at the investor relations section of the company's website.
Historical Stock Returns for Wonderla Holidays
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.63% | -3.78% | -3.43% | -10.11% | -23.69% | +182.15% |
With Chennai park still in its early ramp-up phase and Bhubaneshwar showing weaker ticket pricing, how quickly can these parks reach the ARPU and occupancy levels of mature parks like Bengaluru and Kochi?
Given the sharp 79% rise in depreciation for FY26 due to new asset additions, how will the increasing depreciation burden impact Wonderla's net profitability margins as it pursues further geographic expansion in FY27 and beyond?
With 'Isle by Wonderla' achieving only 53% occupancy in its first full year and 39 new keys planned for Q1 FY27, what is the timeline for the resort segment to meaningfully contribute to overall PAT margins?


































