Silverstorm Parks and Resorts Ltd
Incorporated in October 1998, Silverstorm Parks and Resorts Limited is an integrated amusement and tourism company operating amusement parks, water parks, snow parks, and hospitality services in India.[1]
- Market Cap ₹ 291 Cr.
- Current Price ₹ 128
- High / Low ₹ 139 / 108
- Stock P/E 14.1
- Book Value ₹ 92.2
- Dividend Yield 0.00 %
- ROCE 15.8 %
- ROE 15.2 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 10.0% over last 3 years.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Services Leisure Services Amusement Parks/ Other Recreation
Part of BSE SME IPO
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 17 | 19 | 31 | 42 | |
| Sales growth | +13% | +64% | +35% | |
| 10 | 12 | 15 | 14 | |
| Operating Profit | 7 | 7 | 16 | 28 |
| OPM % | 40% | 37% | 53% | 67% |
| 0 | 0 | 1 | 2 | |
| Interest | 1 | 1 | 1 | 1 |
| Depreciation | 4 | 4 | 3 | 3 |
| Profit before tax | 2 | 3 | 13 | 26 |
| Tax % | 53% | 54% | 29% | 28% |
| 1 | 1 | 9 | 19 | |
| EPS in Rs | 0.88 | 0.91 | 6.74 | 11.58 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 36% |
| TTM: | 35% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 151% |
| TTM: | 100% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 10% |
| Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 13 | 14 | 14 | 16 | 23 |
| Reserves | 60 | 64 | 98 | 117 | 187 |
| 29 | 28 | 30 | 65 | 43 | |
| 3 | 6 | 10 | 15 | 16 | |
| Total Liabilities | 106 | 112 | 152 | 213 | 268 |
| 73 | 94 | 99 | 144 | 187 | |
| CWIP | 25 | 10 | 34 | 44 | 32 |
| Investments | 0 | 1 | 1 | 1 | 1 |
| 7 | 7 | 18 | 24 | 49 | |
| Total Assets | 106 | 112 | 152 | 213 | 268 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 4 | 6 | 7 | 19 | |
| -13 | -11 | -24 | -56 | |
| 7 | 2 | 17 | 37 | |
| Net Cash Flow | -2 | -3 | 0 | -0 |
| Free Cash Flow | -9 | -5 | -17 | -39 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 65% | 86% | 52% | 81% |
Ratios
Standalone / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 4 | 5 | 4 | 1 |
| Inventory Days | 189 | 333 | ||
| Days Payable | 249 | 365 | ||
| Cash Conversion Cycle | 4 | 5 | -56 | -32 |
| Working Capital Days | -54 | -62 | -15 | -50 |
| ROCE % | 3% | 11% | 16% |
Documents
Announcements
-
Statement Of Deviation For The Quarter Ended September 30, 2026
- Filed half-year IPO proceeds statement for September 30, 2026; no deviation or variation reported.
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
- First monitoring report for ₹82.43 crore fresh issue shows no deviation for quarter ended September 30, 2026.
- Results For The Half Year Ended September 30, 2026
-
Board Meeting Outcome for Outcome Of The Board Meeting
- Board approved unaudited standalone and consolidated H1 FY27 results on November 7, 2026.
-
Board Meeting Intimation for Prior Board Meeting Intimation
- Board meets on November 7, 2026 to approve Q2 FY2027 financial results; trading window closed until November 9.
Business Profile:[1]
The company operates an integrated
leisure and entertainment business
under the Silver Storm brand. It owns
and operates an amusement cum water
park, indoor snow parks, resort facilities, restaurants, and is developing a ropeway
cable car attraction.