Exhibit 4: Revenue to grow at CAGR of 42% over FY15E–18E

600 569.6

500 439.0
400
312.7

| crore
300
199.3
200
106.9
100 73.3

0
FY14 H1FY15 FY15E FY16E FY17E FY18E

Revenue

Source: Company, ICICIdirect.com Research

Exhibit 5: Peer set EBITDA margin Exhibit 6: Adlabs EBITDA margin to align with peers in long term

60.0
300 25 50
50.0 47.7
250 6.3
40
40.0
36.7 200
30.0 28.7 28.7 15 30
| crore

150 3.7
20.0 9 20
100 3.
10.0
50 2 8 10
0.0 7 4
3.
0 . . 0
Wonderela Six Flags SeaWorld Cedar 9
FY14 H1FY15 FY15E 0 FY16E
6 FY17E FY18E

fair Global Peer EBITDA margin EBITDA EBITDA margin (%)

Source: Company, ICICIdirect.com, Research
Source: Company, ICICIdirect.com, Research