Stock Analysis Report

Executive Summary

Nicco Parks & Resorts Limited primarily operates theme and amusement parks.

Snowflake Analysis

Flawless balance sheet with acceptable track record.

Share Price & News

How has Nicco Parks & Resorts's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: 526721 has not had significant price volatility in the past 3 months.

Market Performance

7 Day Return




IN Hospitality


IN Market

1 Year Return




IN Hospitality


IN Market

Return vs Industry: 526721 exceeded the Indian Hospitality industry which returned -51.3% over the past year.

Return vs Market: 526721 exceeded the Indian Market which returned -30.6% over the past year.

Shareholder returns

7 Day-3.0%3.5%8.9%
30 Day-5.4%-36.2%-24.8%
90 Day0%-39.4%-29.4%
1 Year23.7%19.9%-48.1%-51.3%-29.2%-30.6%
3 Year21.4%14.1%-24.3%-32.4%-17.0%-21.5%
5 Year131.7%112.8%-5.4%-17.2%-5.4%-10.4%

Price Volatility Vs. Market

How volatile is Nicco Parks & Resorts's share price compared to the market and industry in the last 5 years?

Simply Wall St News

No news available


Is Nicco Parks & Resorts undervalued compared to its fair value and its price relative to the market?


Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: 526721 (₹34.05) is trading above our estimate of fair value (₹12.72)

Significantly Below Fair Value: 526721 is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: 526721 is poor value based on its PE Ratio (16.5x) compared to the Hospitality industry average (14.4x).

PE vs Market: 526721 is poor value based on its PE Ratio (16.5x) compared to the Indian market (9.2x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 526721's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: 526721 is overvalued based on its PB Ratio (2.9x) compared to the IN Hospitality industry average (0.7x).

Next Steps

Future Growth

How is Nicco Parks & Resorts forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


Forecasted Consumer Services industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Nicco Parks & Resorts has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Next Steps

Past Performance

How has Nicco Parks & Resorts performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 526721 has high quality earnings.

Growing Profit Margin: 526721's current net profit margins (16.2%) are higher than last year (16.1%).

Past Earnings Growth Analysis

Earnings Trend: 526721's earnings have grown by 15.7% per year over the past 5 years.

Accelerating Growth: 526721's earnings growth over the past year (7.7%) is below its 5-year average (15.7% per year).

Earnings vs Industry: 526721 earnings growth over the past year (7.7%) underperformed the Hospitality industry 27.3%.

Return on Equity

High ROE: 526721's Return on Equity (17.4%) is considered low.

Next Steps

Financial Health

How is Nicco Parks & Resorts's financial position?

Financial Position Analysis

Short Term Liabilities: 526721's short term assets (₹327.2M) exceed its short term liabilities (₹132.8M).

Long Term Liabilities: 526721's short term assets (₹327.2M) exceed its long term liabilities (₹55.1M).

Debt to Equity History and Analysis

Debt Level: 526721's debt to equity ratio (0.3%) is considered satisfactory.

Reducing Debt: 526721's debt to equity ratio has reduced from 7.2% to 0.3% over the past 5 years.

Debt Coverage: 526721's debt is well covered by operating cash flow (4034.6%).

Interest Coverage: 526721's interest payments on its debt are well covered by EBIT (46.4x coverage).

Balance Sheet

Inventory Level: 526721 has a high level of physical assets or inventory.

Debt Coverage by Assets: 526721's debt is covered by short term assets (assets are 181.8x debt).

Next Steps


What is Nicco Parks & Resorts's current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 526721's dividend (2.35%) is higher than the bottom 25% of dividend payers in the Indian market (0.95%).

High Dividend: 526721's dividend (2.35%) is low compared to the top 25% of dividend payers in the Indian market (4.16%).

Stability and Growth of Payments

Stable Dividend: 526721's dividend payments have been volatile in the past 10 years.

Growing Dividend: 526721's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (38.8%), 526721's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Abhijit Dutta (65yo)





Mr. Abhijit Dutta has been Managing Director, Chief Executive Officer and Non-Independent Executive Director at Nicco Parks & Resorts Limited since January 1, 2014. Mr. Dutta also serves as Managing Direct ...

CEO Compensation Analysis

Compensation vs Market: Abhijit's total compensation ($USD48.57K) is about average for companies of similar size in the Indian market ($USD48.16K).

Compensation vs Earnings: Abhijit's compensation has been consistent with company performance over the past year.

Leadership Team

Abhijit Dutta
MD, CEO & Non-Independent Executive Director6.17yrs₹3.66mno data
Rahul Mitra
President & Company Secretary0.58yrno datano data
Pankaj Roy
CFO and VP of Accounts & Finance5.83yrsno datano data
Rajesh Raisinghani
President of Operationno datano datano data
Sumit Dutta
General Manager of Human Resourcesno datano datano data


Average Tenure

Experienced Management: 526721's management team is seasoned and experienced (5.8 years average tenure).

Board Members

Abhijit Dutta
MD, CEO & Non-Independent Executive Director6.17yrs₹3.66mno data
Dipankar Chatterji
Non-Executive Independent Director0.67yrno datano data
Anand Chatrath
Independent & Non-Executive Director15.67yrs₹237.50kno data
Sujit Poddar
Independent Non-Executive Director22.67yrs₹187.50kno data
Rajive Kaul
Non-Independent & Non-Executive Director31yrs₹275.00k4.75% 75.8m
Pallavi Kaul
Vice Chairpersonno data₹25.00k0.013% 204.9k
Nandini Chakravorty
Chairpersonno datano datano data
Tapan Chaki
Independent Non-Executive Director14.42yrs₹150.00kno data
Deepak Premnarayen
Independent Non-Executive Director3.58yrs₹25.00kno data
Vandana Yadav
Nominee Director0.67yrno datano data


Average Tenure


Average Age

Experienced Board: 526721's board of directors are seasoned and experienced ( 10.3 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Nicco Parks & Resorts Limited's company bio, employee growth, exchange listings and data sources

Key Information

  • Name: Nicco Parks & Resorts Limited
  • Ticker: 526721
  • Exchange: BSE
  • Founded: 1989
  • Industry: Leisure Facilities
  • Sector: Consumer Services
  • Market Cap: ₹1.596b
  • Shares outstanding: 46.80m
  • Website:

Number of Employees


  • Nicco Parks & Resorts Limited
  • Jheel Meel
  • Sector IV
  • Kolkata
  • West Bengal
  • 700106
  • India


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
526721BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2002


Nicco Parks & Resorts Limited primarily operates theme and amusement parks. The company operates 10 amusement park and 5 water park facilities in India and internationally, including two amusement and water parks in Bangladesh. It also provides technical consultancy and engineering services; and manufactures and supplies rides for large amusement parks in the United Kingdom, Europe, Dubai, and Japan. The company was incorporated in 1989 and is based in Kolkata, India. 

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 12:54
End of Day Share Price2020/03/31 00:00
Annual Earnings2019/03/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.