Annual Report

Contents Corporate Overview Statutory Reports 02 Year in Review 41 Directors’ Report 04 Who We Are 50 Corporate Governance Report 06 Our Journey 71 Management Discussion and 08 Chairman & Managing Analysis FY 2025-26 Director’s Message 11 Performance Scorecard Financial Statements 12 Our Portfolio 18 Our Parks and Hospitality 95 Independent Auditor’s Report Experiences 104 Balance Sheet 20 Marketing Initiatives 105 Statement of Profit and Loss 22 Review Strategies 106 Statement of Cash Flows 107 Statement of Changes in Equity 24 Customer Experience 108 Notes to the Financial 28 Our People Statements 32 Environment 36 Social At Wonderla, wonder evolves with Notice 38 Board of Directors every experience. What begins 39 Awards and Recognition 153 24th AGM Notice as excitement often grows into 40 Company Information tradition, connection and cherished memories. Each visit brings a fresh perspective, uncovering new moments of joy and transforming familiar experiences into something meaningful and memorable. That belief continues to shape our journey. As guests return through different chapters of life, they bring fresh perspectives and create new memories. A school excursion becomes a cherished tradition. A day out with friends becomes a story shared for years. The destination may be familiar but the experience is always seen through a different lens. This spirit drives us to keep Expanding Horizons by creating new ways for guests to explore discover and reconnect with Wonderla. At the same time, we bring Forward-looking statements Elevating Experiences to life through moments that go Some information in this report may contain forward-looking statements which include statements beyond thrills to spark joy, strengthen bonds and create regarding Company’s expected financial position and results of operations, business plans and memories that endure long after the day is over. prospects etc. and are generally identified by forward-looking words such as “believe,” “plan,” “anticipate,” “continue,” “estimate,” “expect,” “may,” “will” or other similar words. Forward-looking After all, Wonderla is never simply a place to visit. It is statements are dependent on assumptions or basis underlying such statements. We have chosen a place to return to. A place where every revisit brings these assumptions or basis in good faith, and we believe that they are reasonable in all material respects. However, we caution that actual results, performances or achievements could differ a fresh perspective, every memory gains a new chapter materially from those expressed or implied in such forward-looking statements. We undertake and every horizon leads to another reason to come no obligation to update or revise any forward-looking statement, whether as a result of new back. information, future events, or otherwise. Year In Review Turning points and triumphs Wonderla delivered strong growth in FY26, driven by the commencement of operations at the Chennai Park, the launch of The ISLE at Bengaluru, expanding visitor reach, higher guest spending and the successful launch of new experiences across parks. The year also marked an important milestone with the commencement of operations at the Chennai park, further strengthening Wonderla's presence in India's growing leisure and entertainment market. During the year, we enhanced the overall guest experience through new attractions, food and beverage innovations, themed events and digital-led engagement initiatives across parks. The hospitality business recorded its best-ever annual performance, while The ISLE at Bengaluru added a differentiated leisure offering to the portfolio. We also focused on improving operational efficiency, expanding in-house capabilities and driving higher value from existing parks and attractions. 32.19 J 2,636 Lakh Lakh Visitors in FY26, growing Resort business revenue, 6% YoY. grew 56% YoY J 51,877 J 4,142 Lakh Lakh Revenue from operations, Revenue from Chennai park, registering 13% YoY growth. during its initial four months of operations. J 19,245 48 Lakh Million EBITDA, increased Cumulative visitors 12% YoY since inception. J 1,530 ARPU improved 6% YoY CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS Annual Report 2025-26 Annual Report 2025-26 WONDERLA HOLIDAYS LIMITED WONDERLA HOLIDAYS LIMITED 03 Who we are The story beneath the success At Wonderla Holidays Limited, we have spent over two decades shaping memorable entertainment experiences for families, Vision friends and adventure Adding ‘Wonder’ to Amusement Parks enthusiasts. Since lives and bringing opening our first park people closer. in Kochi in 2000, we have welcomed more than 48 million visitors, establishing Wonderla Fun Rides as one of India’s leading amusement park brand. Today, we operate world-class amusement parks in Kochi, Bengaluru, Restaurants Hyderabad, Bhubaneswar and Chennai, offering a wide range of water and dry rides, attractions and immersive experiences for guests of all age groups. We also operate Terrea (Resort rebranded w.e.f April 2026) and ISLE adjoining our Bengaluru park, Banquet Halls Mission expanding our presence in the leisure and hospitality space. Build and operate Over the years, we have distinguished resource efficient ourselves through a steadfast focus on amusement spaces safety practices, operational excellence, to deliver a fun, in-house ride engineering and the thrilling, and hygienic Food Courts continuous enhancement of attractions experience to our and guest amenities. As organised recreation and domestic tourism guests. gain momentum in India, we are well positioned to serve evolving consumer aspirations through engaging, high- quality experiences. Lounge Bars CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS Annual Report 2025-26 Annual Report 2025-26 WONDERLA HOLIDAYS LIMITED WONDERLA HOLIDAYS LIMITED 05 Our journey Milestones along the way 2024 Inauguration of Bhubaneshwar Park 2016 Hyderabad Park commenced its operations 2012 Three star rated leisure resort adjacent to 2025 2005 Bengaluru Park started operations Launched THE with 84 luxury Bengaluru Park ISLE in Bengaluru rooms commenced its Park, Commenced 2000 operations under operations at the brand name Chennai Park Kochi Park “Wonderla” commenced its operations under the brand name “Veegaland” 2023 We received Local Body Tax exemption for 10 years for the proposed Chennai Park 2014 2008 Company went public by listing Veega Holidays 2002 at both NSE merged with and BSE Wonderla Incorporation Holidays Limited 1998 of “Wonderla and Kochi park Holidays Private was renamed as Incorporation of Limited” to build “Wonderla” Veega Holidays the second park to build the first at Bengaluru park in Kochi* *Note: The above milestones are as per calendar year CORPORATE OVERVIEW STATUTORY REPORTS Annual Report 2025-26 WONDERLA HOLIDAYS LIMITED WONDERLA HOLIDAYS LIMITED 07 FINANCIAL STATEMENTS Annual Report 2025-26 Chairman & Managing Director’s Message A Year of Execution, Expansion and Enrichment welcomed ₹32.19 lakh guests and recorded Revenue from operations of ₹ The global economy remained resilient 51,877.23 lakhs, supported by higher during the year despite persistent As expected, profitability Average Revenue Per Visitor (ARPU), During FY26, we saw geopolitical uncertainties, evolving during the year reflected the contribution from Wonderla strong momentum across trade dynamics and inflationary the impact of higher Chennai and the strongest annual our parks, supported pressures, registering growth of performance from our Resort and depreciation and operating by healthy growth in approximately 3.4%. India, meanwhile, Hospitality business. EBITDA stood costs following the visitor engagement and continued to demonstrate strong at ₹19245.46 lakhs, demonstrating economic strength with GDP growth commissioning of Chennai the resilience of our operations and the successful launch of of around 7.7%, supported by robust and the expansion of THE [Showing first 8,000 characters — download PDF for full document]