What we do Nicco Parks & Resorts Ltd operates theme-based entertainment parks in East India, offering amusement rides, water parks, food, and retail services for family recreation. |
Founded in 1,989 |
Market share Leading family entertainment destination in East India with established brand recognition and diversified revenue streams. |
Problem solved Provides wholesome, educative fun and attracts tourists, fulfilling demand for organized recreational spaces in the region. |
Top clients or who we serve Family visitors, tourists, and local residents; mainly B2C with ancillary B2B through consultancy and contracts. |
Key management - |
Our journey and innovations Since 1991, introduced India’s first cruiser ride, mega wooden roller coaster, and continual new attractions including steel rollercoasters and water rides. |
Where we operate Operates primarily in Kolkata and nearby regions in West Bengal, with a presence in Dhaka, Bangladesh. |
Top products or what we offer Theme park operations, water parks, food & beverage outlets, retail merchandising, and consultancy services. |
Top brands Cruiser (first in India), Cyclone (wooden roller coaster), Titanic ride, Spin Wheel, Aqua Drop, Aqua Curl, Sky Diver, and Happy Circus Mirror Maze. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue impacted by visitor footfalls; ancillary services provide some recurring streams balancing cyclical park attendance. |
Our industry position Well-established amusement park operator in East India with stable financials and growing ancillary services. |
Financial highlights FY 2024-25 revenue Rs. 75.02 crore; consolidated PAT Rs. 22.44 crore; interim dividends totaling 120%; resilient margins despite footfall decline. |
Geographical revenue split - |
Order book - |
Whats driving growth New ride installations, digital promotions, ancillary revenue from food and events, and expansion planned with steel rollercoaster and snow park. |
Our future plans Launch steel rollercoaster and snow park in FY 2025-26 to boost attractions and grow visitor base long-term. |
Our green promise Committed to energy conservation, adoption of renewable sources, and maintaining eco-friendly park environment. |
Our people and values Employs 205 staff focused on inclusive, performance-driven culture with continuous training and positive employee relations. |
Key challenges ahead Lease renewal uncertainties, post-pandemic attendance normalization, and need for continuous attraction innovation. |
Interesting facts Installed India’s first cruiser ride; features largest wooden roller coaster and tallest Eiffel Tower replica in parks. |
Risks and strategy Manages risk via diversified revenue streams, prudent cost control, and ongoing investment in new attractions. |
