Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

Adlabs Entertainment reports FY19 Results

Posted On: 2019-05-16 18:20:48


Adlabs Entertainment Limited, which operates Imagica - Theme Park, Water Park, Snow Park and a family hotel Novotel Imagica Khopoli, announced its unaudited Financial Results for the Year ending 31st March 2019.

Performance highlights for the Year ended March 31st, 2019 (FY19 Vis-a-Vis FY18):

- ARPU improved by 3% from Rs. 1,422 in FY18 to Rs. 1,463 in FY19

- Hotel Revenue increased to Rs. 38.74 Cr in FY19 from Rs. 35.02 Cr in FY18 resulting in 10.6% growth

Commenting on the results, Dhimant Bakshi, Jt. CEO, Adlabs Entertainment Limited said: We are glad to inform you that -, the Company has reported a growth of 3% in ARPU for FY19. The Total ARPU increased to Rs. 1,463 in FY19 from Rs. 1,422 in FY18. Total Revenue increased by 1.7% to Rs. 240.38 Cr in FY19 from Rs. 236.29 Cr in FY18. The overall footfall in FY19 declined by 5.1%, mainly due to a protracted winter impacting the footfall in the Water Park.

Our Hotel 'Novotel Imagica' reported a better performance in FY19, as the hotel - is fully operational with 287 rooms since this year. Revenue from the Hotel business jumped by 10.6% YoY to Rs. 38.74 Cr in FY19. During the year, the Hotel recorded occupancy of 48.2% with 37,962 rooms sold. This was due to the higher room inventory available from September 2018. Overall ARR (incl. F&B) was ~Rs. 10,205/-.

FY19 EBITDA declined by 24.5% to Rs 47.30 Cr in FY19 from Rs 62.67 Cr in FY18, mainly due to increase in provisions, sales commissions, repairs & maintenance, and legal expenses.

Shares of Adlabs Entertainment Ltd was last trading in BSE at Rs.7.94 as compared to the previous close of Rs. 8.14. The total number of shares traded during the day was 8823 in over 46 trades.

The stock hit an intraday high of Rs. 8.17 and intraday low of 7.67. The net turnover during the day was Rs. 69404.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Zydus Wellness Ltd board to approve Q4, FY20 results on June 2, 2020

Indostar Capital Finance Ltd allots securities to BCP V Multiple Holdings Pte. Ltd

Aurobindo Pharma Ltd board to consider 4th quarter results on June 3, 2020

Adani Ports and Special Economic Zone Limited raises Rs. 700 crores through NCDs

TCS a Leader and Star Performer in Property & Casualty Insurance BPO Services: Everest Group

Future Retail Ltd board approves raising of upto Rs. 650 crore through NCDs

Garden Reach Shipbuilders & Engineers Ltd board to consider FY20 results, final dividend on June 6, 2020

Birla Cable Ltd board to approve Q4, FY20 results on June 1, 2020

Glenmark Pharmaceuticals receives ANDA approval for Chlorzoxazone Tablets USP, 375 mg and 750 mg

L&T Heavy Engineering Achieves Delivery of Critical Equipment to Global Customers During Lockdown

Wipro positioned as a 'Leader' in Gartner's 2020 Magic Quadrant for Public Cloud Infrastructure Professional and Managed Services, Worldwide

Biocon Biologics Receives DCGI Approval for Emergency Use of CytoSorb® to Treat Critical COVID-19 Patients

Millers Mutual Selects Majesco's Cloud-Native Digital1st® Insurance Platform

Paisalo Digital Ltd board to consider raising funds through NCDs

Blue Dart Express Sales at Rs. 31,664 million

Sun Pharma Advanced Research Company Ltd board to announce 4th quarter results on June 2, 2020

Stovec Industries Ltd board to consider Q4, FY20 results on June 4, 2020

Greaves Cotton Limited board to approve Q4, FY20 results on June 5, 2020

CRISIL reaffirms commercial papers rating of Edelweiss Financial Services Limited

Gulshan Polyols Ltd Q4 PAT at Rs. 2.78 crore

Alkem Laboratories Ltd Board to consider FY20 results & Final Dividend on June 05, 2020

Wonderla Holidays Ltd Q4 FY20 PAT slides to Rs. 1.56 crore

S H Kelkar and Company Ltd consolidated Q4 FY2020 PAT at Rs. 12.02 crore

Kewal Kiran Clothing Ltd posts Rs. 15.76 crore consolidated PAT in Q4 FY2020

Gujarat Gas Ltd board to consider FY20 results, dividend on June 5, 2020

Kewal Kiran Clothing Ltd Board approves Dividend of Rs. 6

Deepak Nitrite Ltd reports consolidated PAT of Rs. 172.30 crore in Q4 FY2020

Coromandel International Ltd board recommends dividend of Rs. 12 for FY2020

Fiinovation Partners with Dhampur Sugar to help Delhi Slums Fight COVID-19 Pandemic

LTI Wins 2020 SAP® Pinnacle Award as the Industry Innovation Partner of the Year

Kotak Mahindra Bank fixes floor price for QIP as Rs. 1147.75

Wipro launches Global Channel Partner Program for innovative products and platforms

Shanthi Gears Limited announces financial results for period ended March 31, 2020

V I P Industries Ltd reports consolidated Q4 FY20 PAT at Rs. 9.52 crore

Coromandel International Ltd Q4 FY20 consolidated net profit at Rs. 234.20 crore

PRAJ Industries Ltd posts Rs. 24.86 crore PAT in Q4 FY20

Visaka Industries Ltd reports Q4 PAT of Rs. 6.85 crore

Maruti Suzuki partners with ICICI bank to offer customers specially curated, flexible EMI financing schemes

ITI Limited manufactures face shields -Joins fight against COVID19

Sundaram Finance Ltd board to consider final dividend for FY20

Add-Shop Promotions Ltd Board approves 3:4 Bonus Issue

Satia Industries Limited Signs Agreement with Minerals Technologies to Construct a 42,000 Metric Ton Per Year Satellite PCC Plant in India

Vakrangee announces corporate agency tie up with LIC

Symphony Limited board to announce 4th quarter results on May 29, 2020

Firstsource Solutions Ltd Q4 FY20 consolidated PAT climbs QoQ to Rs. 91.57 crore

Automotive Axles Ltd posts PAT of Rs. 5.75 crore in Q4

Daawat Basmati Rice celebrates relationships with # PehliDaawat Campaign

Newgen Software Technologies Ltd Board approves dividend of Rs. 2 for FY20

Automotive Axles Ltd board recommends dividend of Rs. 0.80

Newgen Software Technologies Ltd Q4 FY20 consolidated PAT up QoQ at Rs. 41.46 crore







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019