Announcement • Jun 09
Nicco Parks & Resorts Limited, Annual General Meeting, Jul 03, 2026 Nicco Parks & Resorts Limited, Annual General Meeting, Jul 03, 2026, at 15:30 Indian Standard Time. Reported Earnings • May 16
Full year 2026 earnings released: ₹0.58 loss per share (vs ₹4.79 profit in FY 2025) Full year 2026 results: ₹0.58 loss per share (down from ₹4.79 profit in FY 2025). Revenue: ₹708.8m (down 5.5% from FY 2025). Net loss: ₹27.3m (down 112% from profit in FY 2025). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • May 16
Nicco Parks & Resorts Limited Recommends Final Dividend for the Financial Year Ended March 31, 2026 Nicco Parks & Resorts Limited announced in the meeting of board of directors held on May 14, 2026, recommended Final Dividend at the rate of 25% (INR 0.25 per share) on the face value of the equity shares (INR 1/- face value) of the company for the financial year ended March 31, 2026, which shall be paid subjected to the approval of the members at the ensuing Annual General Meeting. Announcement • May 05
Nicco Parks & Resorts Limited to Report Q4, 2026 Results on May 14, 2026 Nicco Parks & Resorts Limited announced that they will report Q4, 2026 results on May 14, 2026 Reported Earnings • Feb 10
Third quarter 2026 earnings released: EPS: ₹0.20 (vs ₹1.04 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.20 (down from ₹1.04 in 3Q 2025). Revenue: ₹149.8m (down 21% from 3Q 2025). Net income: ₹9.16m (down 81% from 3Q 2025). Profit margin: 6.1% (down from 26% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹72.38, the stock trades at a trailing P/E ratio of 64x. Average trailing P/E is 29x in the Hospitality industry in India. Total loss to shareholders of 32% over the past three years. Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: ₹0.05 (vs ₹1.16 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.05 (down from ₹1.16 in 2Q 2025). Revenue: ₹125.8m (down 8.6% from 2Q 2025). Net income: ₹2.38m (down 96% from 2Q 2025). Profit margin: 1.9% (down from 40% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • Nov 05
Nicco Parks & Resorts Limited to Report Q2, 2026 Results on Nov 12, 2025 Nicco Parks & Resorts Limited announced that they will report Q2, 2026 results on Nov 12, 2025 Announcement • Sep 03
Nicco Parks & Resorts Limited, Annual General Meeting, Sep 24, 2025 Nicco Parks & Resorts Limited, Annual General Meeting, Sep 24, 2025, at 15:00 Indian Standard Time. Declared Dividend • Aug 17
First quarter dividend increased to ₹1.00 Dividend of ₹1.00 is 186% higher than last year. Ex-date: 22nd August 2025 Payment date: 11th September 2025 Dividend yield will be 1.7%, which is higher than the industry average of 0.3%. Sustainability & Growth Dividend is covered by both earnings (83% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 23% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 43% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Aug 13
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 14% Last year net profit margin: 29% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (14% net profit margin). Market cap is less than US$100m (₹5.07b market cap, or US$57.9m). Reported Earnings • Aug 13
First quarter 2026 earnings released: ₹0.67 loss per share (vs ₹1.88 profit in 1Q 2025) First quarter 2026 results: ₹0.67 loss per share (down from ₹1.88 profit in 1Q 2025). Revenue: ₹276.2m (up 12% from 1Q 2025). Net loss: ₹31.6m (down 136% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • Aug 04
Nicco Parks & Resorts Limited to Report Q1, 2026 Results on Aug 12, 2025 Nicco Parks & Resorts Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Board Change • Jun 26
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Vijay Dewan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 30
Full year 2025 earnings released: EPS: ₹4.79 (vs ₹5.29 in FY 2024) Full year 2025 results: EPS: ₹4.79 (down from ₹5.29 in FY 2024). Revenue: ₹796.6m (flat on FY 2024). Net income: ₹224.4m (down 9.4% from FY 2024). Profit margin: 28% (down from 31% in FY 2024). Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 22% per year. Announcement • May 17
Nicco Parks & Resorts Limited to Report Q4, 2025 Results on May 27, 2025 Nicco Parks & Resorts Limited announced that they will report Q4, 2025 results on May 27, 2025 Reported Earnings • Feb 11
Third quarter 2025 earnings released: EPS: ₹1.04 (vs ₹0.90 in 3Q 2024) Third quarter 2025 results: EPS: ₹1.04 (up from ₹0.90 in 3Q 2024). Revenue: ₹196.4m (up 12% from 3Q 2024). Net income: ₹48.6m (up 15% from 3Q 2024). Profit margin: 25% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 25% per year. Announcement • Feb 10
Nicco Parks & Resorts Limited Approves Third Interim Dividend for the Quarter and Nine Months Ended 31 December, 2024, Payable on or Before March 11, 2025 Nicco Parks & Resorts Limited announced third interim dividend at the rate of 25% per share (INR 0.25 paise per share) on the face value of the equity shares (INR 1/- face value) of the company for the quarter and nine months ended December 31, 2024. The Company is expecting to pay `Third Interim Dividend' to the shareholders on or before March 11, 2025.
In furtherance of earlier letter dated 03.02.2025, the record date fixed for the payment of Third Interim Dividend is February 14, 2025. Announcement • Feb 03
Nicco Parks & Resorts Limited to Report Q3, 2025 Results on Feb 10, 2025 Nicco Parks & Resorts Limited announced that they will report Q3, 2025 results on Feb 10, 2025 Board Change • Nov 25
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Vijay Dewan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Declared Dividend • Nov 16
First quarter dividend of ₹0.20 announced Shareholders will receive a dividend of ₹0.20. Ex-date: 29th November 2024 Payment date: 13th December 2024 Dividend yield will be 0.9%, which is higher than the industry average of 0.3%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Nov 14
Nicco Parks & Resorts Limited Announces Board Changes Nicco Parks & Resorts Limited announced that consequent to the recommendations of nomination & remuneration committee, the board at its meeting held on November 14, 2024 to appoint: Ms. Vandana Yadav, IAS, Managing Director, West Bengal Industrial Development Corporation Limited as Nominee Director with effect from November 14, 2024, vide a letter No. WBIDC/CA/NPRL/1127 dated September 19, 2024 from Nominating Institution. Further the board of directors of the company noted the relinquishment of the office of Nominee Director, Ms. Roshni Sen, IAS, Nominee of West Bengal Industrial Development Corporation Limited. Ms. Vandana Yadav, IAS is serving as the Principal Secretary, Department of Industries, Commerce & Enterprise, Govt of West Bengal. Ms. Yadav is also the Managing Director of West Bengal Industrial Development Corporation Ltd. Her area of expertise include management & administration. Announcement • Nov 07
Nicco Parks & Resorts Limited to Report Q2, 2025 Results on Nov 14, 2024 Nicco Parks & Resorts Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Announcement • Aug 22
Nicco Parks & Resorts Limited, Annual General Meeting, Sep 13, 2024 Nicco Parks & Resorts Limited, Annual General Meeting, Sep 13, 2024, at 15:00 Indian Standard Time. Declared Dividend • Aug 11
Third quarter dividend of ₹0.35 announced Shareholders will receive a dividend of ₹0.35. Ex-date: 23rd August 2024 Payment date: 8th September 2024 Dividend yield will be 0.9%, which is higher than the industry average of 0.3%. Sustainability & Growth The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Aug 10
Nicco Parks & Resorts Limited Announces Appointment of Shashank Sethi as Director Nicco Parks & Resorts Limited announced that consequent to the recommendations of Nomination & Remuneration Committee, the Board at its meeting held on August 9, 2024, considered the Nomination of Mr. Shashank Sethi, IAS, Nominee Director of West Bengal Tourism Development Corporation Ltd.(WBTDCL). The appointment of Mr. Sethi, IAS shall take effect from the date of approval of his Director Identification Number (DIN). Brief Profile: Managing Director, West Bengal Tourism Development Corporation Limited with additional charge of Director of Tourism. Announcement • Aug 02
Nicco Parks & Resorts Limited to Report Q1, 2025 Results on Aug 09, 2024 Nicco Parks & Resorts Limited announced that they will report Q1, 2025 results on Aug 09, 2024 Upcoming Dividend • May 10
Upcoming dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 17 May 2024. Payment date: 01 June 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.2%. Within top quartile of Indian dividend payers (1.2%). Higher than average of industry peers (0.4%). Announcement • Apr 24
Nicco Parks & Resorts Limited to Report Q4, 2024 Results on May 03, 2024 Nicco Parks & Resorts Limited announced that they will report Q4, 2024 results at 3:30 PM, Indian Standard Time on May 03, 2024 Announcement • Feb 23
Nicco Parks & Resorts Limited Announces Relinquish of Vandana Yadav as Nominee Director Nicco Parks & Resorts Limited announced the relinquished of Vandana Yadav as a Nominee Director. Upcoming Dividend • Feb 16
Upcoming dividend of ₹0.20 per share Eligible shareholders must have bought the stock before 23 February 2024. Payment date: 13 March 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Indian dividend payers (1.2%). Higher than average of industry peers (0.3%). Announcement • Feb 15
Nicco Parks & Resorts Limited Announces CFO Changes Nicco Parks & Resorts Limited announced that consequent to the recommendations of Nomination & Remuneration Committee and upon approval of the Audit Committee, the Board of Directors of the company at its meeting held on February 13, 2024: Appointed, Mrs. Subhra Das Mukherjee (ICAI/ACA No:058557), as Chief Financial Officer of the company with effect from June 1, 2024; and Mr. Pankaj Kumar Roy, presently designated as Vice-President & Chief Financial Officer of the company will retire from the services of the company, upon superannuation, on May 31, 2024. Mrs. Subhra Das Mukherjee, aged 55+, is a senior finance professional with over 27 years of experience in financial management and planning. She excels in setting the strategic vision, creating strategic budget plans, matching financial performance to objectives, and reducing financial risks. She is also a team player who mentors and supports her colleagues. Mrs. Mukherjee was appointed as VP - Finance & Accounts on February 15, 2023. Qualification: Chartered Accountant from ICAI, India Cost Accountant from ICMAI, India B. Com (Hons) from Calcutta University, India. Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: ₹0.90 (vs ₹1.13 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.90 (down from ₹1.13 in 3Q 2023). Revenue: ₹184.9m (up 2.5% from 3Q 2023). Net income: ₹42.1m (down 20% from 3Q 2023). Profit margin: 23% (down from 29% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth. Announcement • Feb 13
Nicco Parks & Resorts Limited Announces Third Interim Dividend for the Quarter Ended 31 December 2023, Payable on or Before March 13, 2024 Nicco Parks & Resorts Limited announced that at the Board of Directors Meeting held on February 13, 2024, approved Third Interim Dividend at the rate of 20% per share (0.20 paise per share) on the face value of the equity shares (INR 1 face value) of the company for the quarter and nine months ended 31st December, 2023. The Company is expecting to pay `Third Interim Dividend' to the shareholders on or before March 13, 2024. The record date fixed for the payment of Third Interim Dividend is February 23, 2024. Announcement • Feb 01
Nicco Parks & Resorts Limited to Report Q3, 2024 Results on Feb 13, 2024 Nicco Parks & Resorts Limited announced that they will report Q3, 2024 results on Feb 13, 2024 Upcoming Dividend • Nov 17
Upcoming dividend of ₹0.30 per share at 1.0% yield Eligible shareholders must have bought the stock before 24 November 2023. Payment date: 09 December 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Indian dividend payers (1.3%). Higher than average of industry peers (0.4%). Announcement • Nov 10
Nicco Parks & Resorts Limited Announces Second Interim Dividend for the Quarter and Six Months Ended 30Th September, 2023, Payable on or Before December 9, 2023 Nicco Parks & Resorts Limited announced Second Interim Dividend at the rate of 30% per share (0.30 paise per share) on the face value of the equity shares (INR 1/- face value) of the Company for the quarter and six months ended 30th September, 2023. The Company is expecting to Pay 'Second Interim Dividend to the shareholders on or before December 9, 2023. the record date fixed for the payment of Second Interim Dividend November 24, 2023. Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: ₹1.02 (vs ₹1.14 in 2Q 2023) Second quarter 2024 results: EPS: ₹1.02 (down from ₹1.14 in 2Q 2023). Revenue: ₹177.8m (up 20% from 2Q 2023). Net income: ₹47.6m (down 11% from 2Q 2023). Profit margin: 27% (down from 36% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth. Announcement • Nov 01
Nicco Parks & Resorts Limited to Report Q2, 2024 Results on Nov 09, 2023 Nicco Parks & Resorts Limited announced that they will report Q2, 2024 results at 3:30 PM, Indian Standard Time on Nov 09, 2023 Announcement • Sep 20
Nicco Parks & Resorts Limited Approves Final Dividend for the Year Ended March, 2023 Nicco Parks & Resorts Limited approved final Dividend @ 50% (INR 0.50 paisa on an Equity Share of par value of INR 1 each on the Equity Shares of the Company for the Year ended March, 2023 at its AGM held on September 18, 2023. Board Change • Sep 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CEO, MD, President of Operation, Marketing, F&B and Additional Director Rajesh Raisinghani was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Aug 22
Nicco Parks & Resorts Limited, Annual General Meeting, Sep 18, 2023 Nicco Parks & Resorts Limited, Annual General Meeting, Sep 18, 2023, at 15:00 Indian Standard Time. Upcoming Dividend • Aug 18
Upcoming dividend of ₹0.50 per share at 1.2% yield Eligible shareholders must have bought the stock before 25 August 2023. Payment date: 13 September 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Indian dividend payers (1.4%). Higher than average of industry peers (0.4%). Reported Earnings • Aug 15
First quarter 2024 earnings released: EPS: ₹2.32 (vs ₹1.77 in 1Q 2023) First quarter 2024 results: EPS: ₹2.32 (up from ₹1.77 in 1Q 2023). Revenue: ₹278.8m (up 12% from 1Q 2023). Net income: ₹108.5m (up 31% from 1Q 2023). Profit margin: 39% (up from 33% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth. Announcement • Aug 01
Nicco Parks & Resorts Limited to Report Q1, 2024 Results on Aug 14, 2023 Nicco Parks & Resorts Limited announced that they will report Q1, 2024 results at 3:30 PM, Indian Standard Time on Aug 14, 2023 Announcement • Jul 01
Nicco Parks & Resorts Limited Announces Managing Director & CEO Changes Nicco Parks & Resorts Limited announced that, Mr. Abhijit Dutta (DIN: 00233374), ceases to be the Managing Director & CEO of the company from the close of business hours on June 30, 2023, upon conclusion of his term as Managing Director & CEO. Consequently, Mr. Dutta, ceases to be a Director of the Company from end of day June 30, 2023. The Board of Directors of the company at its meeting held on February 13, 2023 appointed, Mr. Rajesh Raisinghani (DIN: 07137479), as Managing Director & CEO, effective July 01, 2023, subject to requisite approvals. Mr. Raisinghani will assume the office of the Managing Director & CEO of the company, effective July 01, 2023, in place of outgoing Mr. Dutta. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to ₹148, the stock trades at a trailing P/E ratio of 30.7x. Average trailing P/E is 25x in the Hospitality industry in India. Total returns to shareholders of 382% over the past three years. Announcement • May 30
Nicco Parks & Resorts Limited Recommends Final Dividend for the Financial Year Ended March 31, 2023 The board of directors of Nicco Parks & Resorts Limited, at its AGM held on May 29, 2023, recommended Final Dividend at the rate of 50% (INR 0.50 per share) on the face value of the equity shares (INR 1.00 face value) of the company for the financial year ended 31st March, 2023, which shall be paid subject to the approval of the members at the upcoming Annual General Meeting of the Company. Reported Earnings • May 30
Full year 2023 earnings released: EPS: ₹4.82 (vs ₹1.04 in FY 2022) Full year 2023 results: EPS: ₹4.82 (up from ₹1.04 in FY 2022). Revenue: ₹790.5m (up 152% from FY 2022). Net income: ₹225.4m (up 363% from FY 2022). Profit margin: 28% (up from 16% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹136, the stock trades at a trailing P/E ratio of 30.4x. Average trailing P/E is 26x in the Hospitality industry in India. Total returns to shareholders of 275% over the past three years. Upcoming Dividend • Feb 17
Upcoming dividend of ₹0.25 per share at 0.9% yield Eligible shareholders must have bought the stock before 24 February 2023. Payment date: 14 March 2023. Trailing yield: 0.9%. Lower than top quartile of Indian dividend payers (1.6%). Higher than average of industry peers (0.2%). Reported Earnings • Feb 14
Third quarter 2023 earnings released: EPS: ₹1.13 (vs ₹1.04 in 3Q 2022) Third quarter 2023 results: EPS: ₹1.13 (up from ₹1.04 in 3Q 2022). Revenue: ₹187.6m (up 31% from 3Q 2022). Net income: ₹52.8m (up 8.6% from 3Q 2022). Profit margin: 28% (down from 34% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth. Announcement • Jan 28
Nicco Parks & Resorts Limited to Report Q3, 2023 Results on Feb 13, 2023 Nicco Parks & Resorts Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Non-Executive Nominee Chairman Saumitra Mohan was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 07
Upcoming dividend of ₹0.40 per share Eligible shareholders must have bought the stock before 14 November 2022. Payment date: 02 December 2022. Trailing yield: 1.8%. Within top quartile of Indian dividend payers (1.6%). Higher than average of industry peers (0.2%). Announcement • Nov 05
Nicco Parks & Resorts Limited Approves Second Interim Dividend for the Quarter and Six Months Ended 30 September, 2022, Payable on or Before December 2, 2022 The Board of Directors of Nicco Parks & Resorts Limited at its Meeting held i.e. November 3, 2022, has inter alia, approved second Interim Dividend at the rate of 40% per share (INR 0.40 per share) on the face value of the equity shares (INR 1/- face value) of the company for the quarter and six months ended 30 September, 2022. The Company is expecting to pay `Second Interim Dividend' to the shareholders on or before December 2, 2022. In furtherance of earlier letter dated 21 October 2022, the record date fixed for the payment of Second Interim Dividend is November 14, 2022. Reported Earnings • Nov 05
Second quarter 2023 earnings released: EPS: ₹1.14 (vs ₹0.08 loss in 2Q 2022) Second quarter 2023 results: EPS: ₹1.14 (up from ₹0.08 loss in 2Q 2022). Revenue: ₹154.4m (up 293% from 2Q 2022). Net income: ₹53.4m (up ₹57.0m from 2Q 2022). Profit margin: 35% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 22
Nicco Parks & Resorts Limited to Report Q2, 2023 Results on Nov 03, 2022 Nicco Parks & Resorts Limited announced that they will report Q2, 2023 results on Nov 03, 2022 Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improved over the past week After last week's 34% share price gain to ₹114, the stock trades at a trailing P/E ratio of 36.1x. Average trailing P/E is 38x in the Hospitality industry in India. Total returns to shareholders of 420% over the past three years. Board Change • Sep 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Nominee Director Saumitra Mohan was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Aug 29
Nicco Parks & Resorts Limited, Annual General Meeting, Sep 28, 2022 Nicco Parks & Resorts Limited, Annual General Meeting, Sep 28, 2022, at 15:30 Indian Standard Time. Reported Earnings • Aug 09
First quarter 2023 earnings released: EPS: ₹1.77 (vs ₹0.35 loss in 1Q 2022) First quarter 2023 results: EPS: ₹1.77 (up from ₹0.35 loss in 1Q 2022). Revenue: ₹250.2m (up ₹228.6m from 1Q 2022). Net income: ₹82.7m (up ₹99.1m from 1Q 2022). Profit margin: 33% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 50% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improved over the past week After last week's 17% share price gain to ₹77.95, the stock trades at a trailing P/E ratio of 74.9x. Average trailing P/E is 44x in the Hospitality industry in India. Total returns to shareholders of 249% over the past three years. Announcement • Jul 31
Nicco Parks & Resorts Limited to Report Q1, 2023 Results on Aug 08, 2022 Nicco Parks & Resorts Limited announced that they will report Q1, 2023 results at 3:30 PM, Indian Standard Time on Aug 08, 2022 Announcement • Jun 21
Nicco Parks & Resorts Limited Announces Resignation of Nandini Chakravorty as Chairperson and Nominee Director of Tourism Department, Government of West Bengal Nicco Parks & Resorts Limited announced that Ms. Nandini Chakravorty, IAS - Chairperson & Nominee Director of Tourism Department, Government of West Bengal, has tendered her resignation, vide e-mail dated June 20, 2022. Reported Earnings • May 30
Full year 2022 earnings released: EPS: ₹1.04 (vs ₹0.75 loss in FY 2021) Full year 2022 results: EPS: ₹1.04 (up from ₹0.75 loss in FY 2021). Revenue: ₹336.1m (up 92% from FY 2021). Net income: ₹48.7m (up ₹83.9m from FY 2021). Profit margin: 14% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings. Announcement • May 28
Nicco Parks & Resorts Limited Announces Resignation of Ms. Swati Gautam as Nominee Director, with Effect from May 27, 2022 Nicco Parks & Resorts Limited informed that Ms. Swati Gautam Nominee Director of Nicco Corporation Ltd. (in Liquidation), vide e-mail dated May 27, 2022 has tendered her resignation with effect from May 27, 2022. Announcement • May 20
Nicco Parks & Resorts Limited to Report Fiscal Year 2022 Results on May 27, 2022 Nicco Parks & Resorts Limited announced that they will report fiscal year 2022 results on May 27, 2022 Board Change • May 01
High number of new directors There are 8 new directors who have joined the board in the last 3 years. Nominee Director Ritendra Basu Roy Chowdhury was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Feb 12
Nicco Parks & Resorts Limited Announces Board Changes Nicco Parks & Resorts Limited announced that at the board meeting held on February 11, 2022, the company approved the appointment of Mr. Ritendra Narayan Basu Roy as nominee Director on the Board of the company, in place of outgoing, Mr. Kaushik Bhattacharya, IAS (DIN: - 08696374), Nominee Director of West Bengal Tourism Development Corporation Ltd. Announcement • Feb 04
Nicco Parks & Resorts Limited to Report Q3, 2022 Results on Feb 11, 2022 Nicco Parks & Resorts Limited announced that they will report Q3, 2022 results on Feb 11, 2022 Announcement • Feb 03
Nicco Parks & Resorts Limited Announces Resumption of Park Operations Nicco Parks & Resorts Limited announced that consequent to the order of the Government of West Bengal imposing restrictions to contain the COVID-19 pandemic, the company had vide its letter dated 02.01.2022 informed of the temporary closure of park operations with effect from January 3, 2022. The company informed that consequent to the order no, No-753/XXII-ISS/2M-22/2020 dated January 31, 2022 of the Government of West Bengal, the company have, in compliance with the aforesaid order resumed its Amusement Park & its allied operations with effect from February 1, 2022 in adherence to SOP's & safety protocols. Announcement • Jan 04
Nicco Parks & Resorts Limited Announces Temporary Closure of Park Operations Nicco Parks & Resorts Limited announced that consequent to the Order No: 753/XVU-ISS/2M-22/2020 dated 02.01.2022 of the Government of West Bengal, imposing restrictions to contain the spread of COVID-19 pandemic, entertainment/amusement park operations will remain closed with effect from 03.01.2022, till further notice. Board Change • Nov 18
High number of new directors There are 8 new directors who have joined the board in the last 3 years. Independent Non-Executive Additional Director Vijay Dewan was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 18
First quarter 2022 earnings released: ₹0.35 loss per share (vs ₹0.86 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: ₹23.9m (up 162% from 1Q 2021). Net loss: ₹16.4m (loss narrowed 59% from 1Q 2021). Board Change • Jul 27
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Non-Executive Non-Independent Nominee Director Banusri Velpandian was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 29
Nicco Parks & Resorts Limited Announces Temporary Closure of Park Operations Nicco Parks & Resorts Limited announced that due to the recent surge in the number of COVID cases in the city, the company's management is deeply concerned about the health and safety of its visitors mainly children and also of its workforce who commute mainly through public transport system. In order to address the safety & well-being of the visitors mainly children & the workforce, Nicco Park will remain closed for visitors, for an initial period of ten days from the 28 April 2021 to the 07 May 2021. Reported Earnings • Feb 15
Third quarter 2021 earnings released: ₹0.14 loss per share (vs ₹0.45 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: ₹41.2m (down 67% from 3Q 2020). Net loss: ₹6.33m (down 130% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 80% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Feb 06
Nicco Parks & Resorts Limited to Report Q3, 2021 Results on Feb 12, 2021 Nicco Parks & Resorts Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Announcement • Dec 02
Nicco Parks & Resorts Limited, Annual General Meeting, Dec 24, 2020 Nicco Parks & Resorts Limited, Annual General Meeting, Dec 24, 2020, at 14:30 Indian Standard Time. Location: `Jheel Meel' Sector IV, Salt Lake City Kolkata India Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2020, (both standalone & consolidated basis) together with the Reports of Auditors & the Board of Directors thereon; to confirm the payment of Interim Dividend @ 60% (INR 0.60 paisa on an Equity Share of par value of INR 1/- each) already paid during the year for the Financial Year 2019-2020; to appoint a Director in place of Ms. Vandana Yadav (DIN: 02202329), who retires by rotation, and is eligible for re-appointment; and to consider other matter. Announcement • Oct 19
Nicco Parks & Resorts Limited Informs Cessation of Mamata Binani, Non-Executive, Non-Independent Director Nicco Parks & Resorts Limited informed that Ms. Mamata Binani, non-executive, non-independent director (Nominee of Nicco Corporation Ltd-In Liquidation), has ceased to be director of the company with effect from October 17, 2020. It is further informed that the Company has also received nomination in respect of Ms. Banusri Velpandian (DIN: 06692567) in place of Ms. Binani and the same will be placed before the Board at its upcoming meeting. Announcement • Aug 21
Nicco Parks & Resorts Limited to Report Q1, 2021 Results on Aug 28, 2020 Nicco Parks & Resorts Limited announced that they will report Q1, 2021 results on Aug 28, 2020 
