Sector Alpha Week of 2026-08-05
20-quarter listed-company comparison

Amusement Parks Stocks in India

Amusement Parks: Wonderla Holidays Ltd owns the largest revenue base; Z-Tech (India) Ltd has the fastest current growth.

01 · the index people search for

Nifty Amusement Parks Index — Constituents & Performance

The Amusement Parks companies below are the listed Indian Amusement Parks universe this page tracks — the same constituent set people search for as the Nifty Amusement Parks index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.

02 · the sector itself · before any single company

How has Amusement Parks moved against NIFTY 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 11% behind NIFTY 500. Earnings across its companies fell 25% on average over the last four reported quarters.

ASLEEP · 1y −22.3%·Moving with the index0 of 3 companies ahead of NIFTY 500 by 5% or more over three months

RS — · 1/3 >200d (−1) · 0/3 lead (−2) · EPS —

2005001000200020262025202420232022 1730333 TRAILING 12-MONTH EPS · 100 AT THE START0100156Sep 24Dec 24Mar 25Sep 2024 · trailing 12-month earnings per share at 100, against 100 at the start · down 51.2% on a year ago · 3 reportingDec 2024 · trailing 12-month earnings per share at 141, against 100 at the start · down 56.6% on a year ago · 3 reportingMar 2025 · trailing 12-month earnings per share at 156, against 100 at the start · down 60.1% on a year ago · 3 reportingJun 2023 · too few reporting — 2 of the Amusement Parks filed a comparable quarter, and three is the floor for a readingSep 2023 · too few reporting — 2 of the Amusement Parks filed a comparable quarter, and three is the floor for a readingDec 2023 · too few reporting — 2 of the Amusement Parks filed a comparable quarter, and three is the floor for a readingMar 2024 · too few reporting — 2 of the Amusement Parks filed a comparable quarter, and three is the floor for a readingJun 2024 · too few reporting — 2 of the Amusement Parks filed a comparable quarter, and three is the floor for a readingJun 2025 · too few reporting — 2 of the Amusement Parks filed a comparable quarter, and three is the floor for a readingSep 2025 · too few reporting — 2 of the Amusement Parks filed a comparable quarter, and three is the floor for a readingDec 2025 · too few reporting — 2 of the Amusement Parks filed a comparable quarter, and three is the floor for a readingMar 2026 · too few reporting — 2 of the Amusement Parks filed a comparable quarter, and three is the floor for a readingNot reported yet — earnings trail price by a quarter or twoNOT REPORTED YET156 · Mar 25No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
2005001000200020262025202420232022 1730333 TRAILING 12-MONTH EPS · 100 AT THE START0100156Sep 24Dec 24Mar 25Sep 2024 · trailing 12-month earnings per share at 100, against 100 at the start · down 51.2% on a year ago · 3 reportingDec 2024 · trailing 12-month earnings per share at 141, against 100 at the start · down 56.6% on a year ago · 3 reportingMar 2025 · trailing 12-month earnings per share at 156, against 100 at the start · down 60.1% on a year ago · 3 reportingJun 2023 · too few reporting — 2 of the Amusement Parks filed a comparable quarter, and three is the floor for a readingSep 2023 · too few reporting — 2 of the Amusement Parks filed a comparable quarter, and three is the floor for a readingDec 2023 · too few reporting — 2 of the Amusement Parks filed a comparable quarter, and three is the floor for a readingMar 2024 · too few reporting — 2 of the Amusement Parks filed a comparable quarter, and three is the floor for a readingJun 2024 · too few reporting — 2 of the Amusement Parks filed a comparable quarter, and three is the floor for a readingJun 2025 · too few reporting — 2 of the Amusement Parks filed a comparable quarter, and three is the floor for a readingSep 2025 · too few reporting — 2 of the Amusement Parks filed a comparable quarter, and three is the floor for a readingDec 2025 · too few reporting — 2 of the Amusement Parks filed a comparable quarter, and three is the floor for a readingMar 2026 · too few reporting — 2 of the Amusement Parks filed a comparable quarter, and three is the floor for a readingNot reported yet — earnings trail price by a quarter or two156 · Mar 25No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
Amusement Parks, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling

Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 3 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

03 · sector relative strength, before individual stocks

Is Amusement Parks outperforming NIFTY 500?

Amusement Parks has underperformed NIFTY 500 by 26.5% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 8.3%. 0 of 3 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Z-Tech (India) Ltd is the strongest against the sector itself at +1.9%.

-8.3%Sector vs NIFTY 500 · 13 weeks
-26.5%Sector vs NIFTY 500 · 52 weeks
0/3Stocks leading NIFTY 500
1/3Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Amusement Parks has underperformed NIFTY 500 by 26.5% over 52 weeks and 8.3% over 13 weeks. 0 of 3 covered companies beat NIFTY on Mansfield relative strength, while 1 of 3 beat the sector itself. Wonderla Holidays Ltd leads with revenue of ₹519 crore, based on 3 of 3 comparable companies through Mar 2026.

Companies
3
complete canonical membership
Combined market value
₹6.5K Cr
Wonderla Holidays Ltd
Revenue growing
2/3
positive TTM year-on-year growth
Beating NIFTY 500
0/3
positive Mansfield relative strength
Comparing 3 of 3
04 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Z-Tech (India) Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 60.4% evidence confidence.
How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Z-Tech (India) LtdZTECH 59.5/100Mixed-positive evidence60% evidence ASLEEP 23.7/35 Revenue 40.2% · PAT 100% · OPM change 21.3 pp 48% evidence 19.6/25 ROCE 28.2% · OPM 36.8% 95% evidence 10.0/20 P/E 38× · PEG — 0% evidence 6.2/20 RS sector 1.9% · RS bench -9.4% · 1Y -9.3%9 of 12 weeks ahead 100% evidence
Exact sum: 23.7 + 19.6 + 10 + 6.2 = 59.5 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is 1.9% and the one-year return is -9.3%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
2Wonderla Holidays LtdWONDERLA 34.8/100Adverse evidence97% evidence ASLEEP 16.5/35 Revenue 13.1% · PAT -25.7% · OPM change 10 pp 100% evidence 7.8/25 ROCE 6.2% · OPM 30% 100% evidence 4.4/20 P/E 37.4× · PEG 5.41 85% evidence 6.1/20 RS sector -0.5% · RS bench -11.8% · 1Y -26.2%0 of 12 weeks ahead 100% evidence
Exact sum: 16.5 + 7.8 + 4.4 + 6.1 = 34.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3Imagicaaworld Entertainment LtdIMAGICAA 19.0/100Adverse evidence74% evidence TURNING 0.0/35 Revenue -8.9% · PAT -80% · OPM change -9.9 pp 100% evidence 6.0/25 ROCE 1.9% · OPM 33% 100% evidence 10.0/20 P/E 4221× · PEG — 0% evidence 3.0/20 RS sector -17.4% · RS bench -5% · 1Y -27.9%1 of 10 weeks ahead 70% evidence
Exact sum: 0 + 6 + 10 + 3 = 19 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
05 · what price has already done

Market action

Z-Tech (India) Ltd has the strongest one-year price move in Amusement Parks at -9.3%. Imagicaaworld Entertainment Ltd leads on Mansfield relative strength against NIFTY at -5%. 0 of 3 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-31.

Price and relative strength

Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

06 · compare level, then change

Revenue Scale & Growth Durability

Wonderla Holidays Ltd has the highest Revenue among the 3 Amusement Parks companies compared here, at ₹519 crore. Imagicaaworld Entertainment Ltd is next at ₹374 crore. Z-Tech (India) Ltd has the highest Revenue growth at 40.2%, so level and change sit with different companies. 3 of 3 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Wonderla Holidays Ltd is the scale leader at ₹519 crore, 38.8% ahead of Imagicaaworld Entertainment Ltd. Z-Tech (India) Ltd's growth is 40.2% from a ₹94 crore base, with 8 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderWonderla Holidays Ltd · ₹519 crore
Gap38.8% versus #2 · Imagicaaworld Entertainment Ltd
Persistence3/8 recent comparable periods
Coverage3/3 companies · 48 observations

Investor read: Wonderla Holidays Ltd is the scale benchmark; Z-Tech (India) Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Wonderla Holidays Ltd's growth falls below Z-Tech (India) Ltd's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Wonderla Holidays Ltd WONDERLA₹519 Cr
3Z-Tech (India) Ltd ZTECH⚠ unverified₹94 Cr
Revenue growthfastest growers
1Z-Tech (India) Ltd ZTECH⚠ unverified40%
Revenue · company comparison
3/3 level · 3/3 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
Wonderla Holidays Ltd WONDERLA₹136 Cr40%Mar 2026
Imagicaaworld Entertainment Ltd IMAGICAA₹92 Cr-2.7%Mar 2026
Z-Tech (India) Ltd ZTECH⚠ unverified₹35 Cr58%Mar 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Imagicaaworld Entertainment Ltd · IMAGICAA

₹2 Cr
₹5 Cr
₹32 Cr
₹33 Cr
₹89 Cr
₹36 Cr
₹72 Cr
₹54 Cr
₹100 Cr
₹36 Cr
₹68 Cr
₹57 Cr
₹184 Cr
₹40 Cr
₹92 Cr
₹94 Cr
₹148 Cr
₹42 Cr
₹92 Cr
₹92 Cr

Wonderla Holidays Ltd · WONDERLA

₹4 Cr
₹17 Cr
₹48 Cr
₹59 Cr
₹149 Cr
₹66 Cr
₹113 Cr
₹99 Cr
₹185 Cr
₹75 Cr
₹124 Cr
₹100 Cr
₹173 Cr
₹67 Cr
₹122 Cr
₹97 Cr
₹168 Cr
₹80 Cr
₹135 Cr
₹136 Cr

Z-Tech (India) Ltd · ZTECH⚠ unverified

₹11 Cr
₹19 Cr
₹16 Cr
₹22 Cr
₹16 Cr
₹19 Cr
₹24 Cr
₹35 Cr

Revenue growth · reported quarter history

Imagicaaworld Entertainment Ltd · IMAGICAA

4,350%
620%
125%
63%
13%
-0.4%
-6.2%
5.1%
83%
12%
36%
67%
-20%
4.6%
0.2%
-2.7%

Wonderla Holidays Ltd · WONDERLA

3,625%
288%
135%
68%
24%
14%
9.7%
1.0%
-6.5%
-11%
-1.6%
-3.0%
-2.9%
19%
11%
40%

Z-Tech (India) Ltd · ZTECH⚠ unverified

51%
2.4%
53%
58%
07 · compare level, then change

Operating Economics & Margin Trend

Z-Tech (India) Ltd has the highest OPM among the 3 Amusement Parks companies compared here, at 36.8%. Imagicaaworld Entertainment Ltd is next at 33%. The same company also holds the highest Margin change, at +21.3 percentage points. 3 of 3 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Z-Tech (India) Ltd leads both opm at 36.8% and margin change at +21.3 percentage points.

LeaderZ-Tech (India) Ltd · 36.8%
Gap11.5% versus #2 · Imagicaaworld Entertainment Ltd
Persistence3/4 recent comparable periods
Coverage3/3 companies · 48 observations

Investor read: Z-Tech (India) Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Z-Tech (India) Ltd ZTECH⚠ unverified37%
Margin changefastest expanders
1Z-Tech (India) Ltd ZTECH⚠ unverified+21.3 pp
2Wonderla Holidays Ltd WONDERLA+10.0 pp
Operating margin · company comparison
3/3 level · 3/3 change
All-company data · latest reported quarter
CompanyOPMMargin changeReported
Z-Tech (India) Ltd ZTECH⚠ unverified37%+21.3 ppMar 2026
Imagicaaworld Entertainment Ltd IMAGICAA33%−9.9 ppMar 2026
Wonderla Holidays Ltd WONDERLA30%+10.0 ppMar 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Imagicaaworld Entertainment Ltd · IMAGICAA

-388%
-208%
35%
116%
44%
6.6%
41%
27%
50%
12%
37%
30%
60%
-8.7%
32%
43%
49%
-22%
24%
33%

Wonderla Holidays Ltd · WONDERLA

-233%
-20%
30%
34%
61%
29%
50%
43%
63%
27%
44%
36%
53%
-1.6%
31%
20%
46%
9.0%
30%
30%

Z-Tech (India) Ltd · ZTECH⚠ unverified

11%
26%
15%
15%
21%
20%
32%
37%

Margin change · reported quarter history

Imagicaaworld Entertainment Ltd · IMAGICAA

+13,722.9 pp
+58.3 pp
+214.6 pp
+164.3 pp
+432.1 pp
+214.6 pp
+5.2 pp
−88.8 pp
+6.0 pp
+5.4 pp
−3.3 pp
+3.6 pp
+10.0 pp
−20.7 pp
−5.0 pp
+12.4 pp
−10.8 pp
−13.1 pp
−8.1 pp
−9.9 pp

Wonderla Holidays Ltd · WONDERLA

+59,167.1 pp
+5,063.0 pp
+235.0 pp
+26.8 pp
+294.0 pp
+49.8 pp
+20.5 pp
+8.5 pp
+1.9 pp
−2.4 pp
−6.0 pp
−7.0 pp
−10.0 pp
−28.6 pp
−13.0 pp
−16.0 pp
−7.0 pp
+10.6 pp
−1.0 pp
+10.0 pp

Z-Tech (India) Ltd · ZTECH⚠ unverified

+10.1 pp
−5.5 pp
+17.0 pp
+21.3 pp
08 · compare level, then change

Profit Scale & Acceleration

Wonderla Holidays Ltd has the highest Net profit among the 3 Amusement Parks companies compared here, at ₹81 crore. Z-Tech (India) Ltd is next at ₹20 crore. Z-Tech (India) Ltd has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Wonderla Holidays Ltd leads with ₹81 crore of TTM profit, 301% above Z-Tech (India) Ltd. Z-Tech (India) Ltd shows ≥100% on the scoring scale (138.5% uncapped) growth from a ₹20 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderWonderla Holidays Ltd · ₹81 crore
Gap301% versus #2 · Z-Tech (India) Ltd
Persistence2/8 recent comparable periods
Coverage3/3 companies · 48 observations

Investor read: Wonderla Holidays Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1Wonderla Holidays Ltd WONDERLA₹81 Cr
2Z-Tech (India) Ltd ZTECH⚠ unverified₹20 Cr
Profit growthfastest growers
1Z-Tech (India) Ltd ZTECH⚠ unverified100%
2Wonderla Holidays Ltd WONDERLA-26%
Net profit · company comparison
3/3 level · 3/3 change
All-company data · latest reported quarter
CompanyNet profitProfit growthReported
Wonderla Holidays Ltd WONDERLA₹16 Cr45%Mar 2026
Z-Tech (India) Ltd ZTECH⚠ unverified₹9 Cr236%Mar 2026
Imagicaaworld Entertainment Ltd IMAGICAA₹0 Cr-97%Mar 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Imagicaaworld Entertainment Ltd · IMAGICAA

₹-75 Cr
₹-79 Cr
₹-59 Cr
₹-31 Cr
₹532 Cr
₹-22 Cr
₹7 Cr
₹-160 Cr
₹589 Cr
₹-57 Cr
₹4 Cr
₹5 Cr
₹66 Cr
₹-6 Cr
₹3 Cr
₹16 Cr
₹44 Cr
₹-39 Cr
₹-5 Cr
₹0 Cr

Wonderla Holidays Ltd · WONDERLA

₹-13 Cr
₹-9 Cr
₹5 Cr
₹9 Cr
₹64 Cr
₹11 Cr
₹39 Cr
₹35 Cr
₹84 Cr
₹14 Cr
₹37 Cr
₹23 Cr
₹63 Cr
₹15 Cr
₹20 Cr
₹11 Cr
₹53 Cr
₹-2 Cr
₹14 Cr
₹16 Cr

Z-Tech (India) Ltd · ZTECH⚠ unverified

₹1 Cr
₹4 Cr
₹1 Cr
₹3 Cr
₹2 Cr
₹3 Cr
₹6 Cr
₹9 Cr

Profit growth · reported quarter history

Imagicaaworld Entertainment Ltd · IMAGICAA

11%
-38%
-89%
-25%
218%
-33%
-261%
-97%

Wonderla Holidays Ltd · WONDERLA

680%
289%
31%
27%
-5.1%
-34%
-25%
7.1%
-46%
-52%
-16%
-113%
-30%
45%

Z-Tech (India) Ltd · ZTECH⚠ unverified

130%
-18%
442%
236%
09 · compare level, then change

Return On Capital Employed

Z-Tech (India) Ltd has the highest ROCE among the 3 Amusement Parks companies compared here, at 28.2%. Wonderla Holidays Ltd is next at 6.2%. The same company also holds the highest ROCE change, at +0.6 percentage points. 3 of 3 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Z-Tech (India) Ltd leads ROCE at 28.2%, 22 percentage points above Wonderla Holidays Ltd. Z-Tech (India) Ltd has the strongest latest improvement at +0.6 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderZ-Tech (India) Ltd · 28.2%
Gap354.8% versus #2 · Wonderla Holidays Ltd
Persistence1/4 recent comparable periods
Coverage3/3 companies · 38 observations

Investor read: Z-Tech (India) Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Z-Tech (India) Ltd ZTECH⚠ unverified28%
2Wonderla Holidays Ltd WONDERLA6.2%
ROCE changefastest improvers
1Z-Tech (India) Ltd ZTECH⚠ unverified+0.6 pp
2Wonderla Holidays Ltd WONDERLA−0.8 pp
Return on capital · company comparison
3/3 level · 3/3 change
All-company data · latest reported quarter
CompanyROCEROCE changeReported
Z-Tech (India) Ltd ZTECH⚠ unverified16%+0.6 ppMar 2026
Wonderla Holidays Ltd WONDERLA4.3%−0.8 ppMar 2026
Imagicaaworld Entertainment Ltd IMAGICAA1.2%−4.3 ppMar 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Imagicaaworld Entertainment Ltd · IMAGICAA

13%
6.5%
1.8%
-0.5%
1.9%
39%
2.7%
5.3%
5.3%
6.8%
5.5%
4.6%
2.3%
2.8%
1.2%

Wonderla Holidays Ltd · WONDERLA

-6.7%
-1.9%
11%
18%
19%
22%
16%
16%
11%
11%
5.1%
6.7%
4.2%
6.6%
4.3%

Z-Tech (India) Ltd · ZTECH⚠ unverified

36%
49%
58%
21%
48%
16%
17%
16%

ROCE change · reported quarter history

Imagicaaworld Entertainment Ltd · IMAGICAA

−11.3 pp
−7.0 pp
+0.1 pp
+3.2 pp
+3.4 pp
−32.0 pp
+2.8 pp
−0.7 pp
−3.0 pp
−4.0 pp
−4.3 pp

Wonderla Holidays Ltd · WONDERLA

+18.1 pp
+19.8 pp
+7.5 pp
−1.9 pp
−8.0 pp
−10.9 pp
−10.9 pp
−9.6 pp
−6.7 pp
−4.3 pp
−0.8 pp

Z-Tech (India) Ltd · ZTECH⚠ unverified

−15.0 pp
−33.6 pp
−3.4 pp
+0.6 pp
10 · compare level, then change

Valuation Against Growth & Quality

Wonderla Holidays Ltd has the lowest PEG among the 3 Amusement Parks companies compared here, at 5.41×. The same company also holds the lowest P/E, at 37.4×. 1 of 3 companies report a comparable reading, the latest through Mar 2026. PEG asks what price is being paid for growth; P/E keeps that answer anchored to the actual earnings multiple.

What the numbers say: Wonderla Holidays Ltd has the lowest comparable PEG at 5.41×. Only 1 of 3 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderWonderla Holidays Ltd · 5.41×
GapNot enough peers
Persistence0/8 recent comparable periods
Coverage1/3 companies · 3 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.
PEGlowest PEG
P/Elowest P/E
1Wonderla Holidays Ltd WONDERLA37.4
2Z-Tech (India) Ltd ZTECH⚠ unverified38.0
Valuation · company comparison
1/3 level · 3/3 change
All-company data · latest reported quarter
CompanyPEGP/EReported
Wonderla Holidays Ltd WONDERLA5.437.6Mar 2026
Imagicaaworld Entertainment Ltd IMAGICAA134.3Mar 2026
Z-Tech (India) Ltd ZTECH⚠ unverified37.7Mar 2026
Full 20-quarter history · every available company

PEG · reported quarter history

Wonderla Holidays Ltd · WONDERLA

0.7
0.8
5.4

P/E · reported quarter history

Imagicaaworld Entertainment Ltd · IMAGICAA

2.3
3.1
5.2
6.2
6.8
8.9
100.2
62.2
46.5
47.2
47.6
54.4
105.5
134.3

Wonderla Holidays Ltd · WONDERLA

-51.0
-140.2
19.5
31.5
22.0
19.8
21.6
24.2
27.7
33.0
32.7
36.3
30.5
31.2
33.7
38.7
39.1
37.6

Z-Tech (India) Ltd · ZTECH⚠ unverified

24.9
44.5
60.8
51.6
38.1
42.3
46.8
37.7
11 · before the conclusion, check the blind spots

What can make this comparison misleading?

This Amusement Parks comparison names 6 specific ways its own evidence can mislead, all listed below. All 3 companies here report on comparable dates, so no rank carries a stale marker. 1 draws at least one figure from a second feed with too little overlap to cross-check. 1 of the 5 ranked sections has fewer than three usable current readings.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • 1 company draws at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; it is marked unverified wherever that figure appears.
  • Thin comparisons: Valuation have fewer than three usable current readings.
12 · evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 3 Amusement Parks companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Mar 2026 and market data through 2026-07-31. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Mar 2026 · up to 20 quarters per company
Market dataThrough 2026-07-31 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing2 cross-checked · 1 unverified · 0 withheld, of 3 graded companies.
How a second data feed is admitted, and what happens when it disagrees

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from.

13 · questions investors ask, short speakable answers

Amusement Parks company comparison FAQs

These 23 answers restate the Amusement Parks comparison above in question form. Every one is computed from the same 3 companies and the same reported filings as the rankings and charts, current through Mar 2026. Price and relative-strength answers run through 2026-07-31. Nothing here is estimated, and none of it is a recommendation.

Is the Amusement Parks sector outperforming NIFTY 500?

Amusement Parks has underperformed NIFTY 500 by 26.5% over 52 weeks and 8.3% over 13 weeks. 0 of 3 covered companies beat NIFTY on Mansfield relative strength, while 1 of 3 beat the sector itself.

Which Amusement Parks company is largest by revenue?

Wonderla Holidays Ltd leads with revenue of ₹519 crore, based on 3 of 3 comparable companies through Mar 2026.

Which Amusement Parks company is growing fastest?

Z-Tech (India) Ltd has the fastest current revenue growth at 40.2%, across 3 of 3 comparable companies.

Which Amusement Parks company has the strongest 4-Factor Sector Score?

Z-Tech (India) Ltd ranks first at 59.5/100 with 60.4% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Amusement Parks company has the lowest comparable PEG?

Wonderla Holidays Ltd has the lowest comparable PEG at 5.41, among 1 of 3 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Amusement Parks comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Mar 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

What is the Nifty Amusement Parks index?

The Nifty Amusement Parks index tracks India's listed Amusement Parks companies as a single basket. This page follows the same 3 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Amusement Parks sector rather than to its largest constituent. Figures are as of Mar 2026.

Which are the best Amusement Parks stocks in India?

Ranked by this page's four-factor score, Z-Tech (India) Ltd places first among 3 listed Amusement Parks companies, followed by Wonderla Holidays Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Mar 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

How many Amusement Parks stocks are listed in India?

This comparison covers 3 listed Amusement Parks companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Mar 2026.

Which Amusement Parks company is the biggest?

Wonderla Holidays Ltd is the largest, with trailing-twelve-month revenue of ₹519 crore, ahead of Imagicaaworld Entertainment Ltd at ₹374 crore. That covers 3 of 3 companies with comparable reporting through Mar 2026.

Which Amusement Parks company has the best profit margins?

Z-Tech (India) Ltd has the highest operating margin at 36.8%, from 3 of 3 comparable companies. Z-Tech (India) Ltd shows the biggest recent improvement, at +21.3 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Amusement Parks company makes the most profit?

Wonderla Holidays Ltd earns the most, at ₹81 crore of trailing-twelve-month net profit, from 3 of 3 comparable companies. Z-Tech (India) Ltd has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Amusement Parks company earns the highest return on capital?

Z-Tech (India) Ltd leads on return on capital employed at 28.2%, across 3 of 3 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Amusement Parks stock is the cheapest?

On PEG — where a LOWER number is cheaper — Wonderla Holidays Ltd screens cheapest at 5.41×. Only 1 of 3 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Is the Amusement Parks sector beating the market?

Amusement Parks has underperformed NIFTY 500 by 26.5% over the last 52 weeks and 8.3% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 0 of 3 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Amusement Parks stock has the strongest price momentum?

Imagicaaworld Entertainment Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Amusement Parks company scores highest for research priority?

Z-Tech (India) Ltd scores 59.5 out of 100 with 60.4% evidence confidence, from 23.7 points on growth and earnings, 19.6 on capital efficiency, 10 on valuation and 6.2 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Amusement Parks companies does this comparison cover, and over what period?

It compares 3 listed companies over up to 20 reported quarters of fundamentals, ending Mar 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Amusement Parks sector?

The 3 Amusement Parks companies on this page carry ₹6,455 crore of combined market value. Wonderla Holidays Ltd is the largest at ₹3,031 crore, about 47% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-05.

How is the Amusement Parks sector performing?

0 of the 3 covered Amusement Parks companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 26.5% behind NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-05.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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