Imagicaaworld Entertainment Limited announced its unaudited financial results for the quarter and half year ended September 30, 2026.

Financial Performance Highlights (H1 FY27 Consolidated):

  • Revenue from Operations: Rs. 218 Crores, representing 15% YoY growth from Rs. 190 Crores in H1 FY26
  • EBITDA: Rs. 72.3 Crores, up 14% YoY from Rs. 63.5 Crores in the corresponding period last year
  • EBITDA Margin: Remained stable at 33% in H1 FY27

Operational Metrics (H1 FY27 Consolidated):

  • Footfalls: 13.65 Lakhs, showing 16.5% YoY growth from 11.71 Lakhs
  • ARPU: Rs. 1,420, representing 3.2% YoY growth from Rs. 1,377

Key Corporate Developments:

Novotel Divestment:

  • Board approved divestment of 287-key Novotel Imagicaa hotel at Khopoli to Juniper Hotels Limited
  • Transaction consideration: INR 248 crore
  • Purpose: Strengthen balance sheet and sharpen focus on core entertainment business while unlocking capital for next phase of growth

Bennett Coleman Marketing Deal:

  • Board approved issue of warrants for Equity shares worth Rs 16.25 Crores to Bennett Coleman & Co Ltd (BCCL)
  • Funds utilization: Strengthen brand visibility through advertising, marketing and promotional activities across growing brand portfolio

Acquisition of Shanku's Water Park:

  • Investment of Rs. 50 Crores to acquire 50.002% share in Mehsana Next Parks Pvt. Ltd.
  • Acquisition completed during the quarter
  • Property: 'Shanku's Water Park' in Mehsana, Gujarat
  • Current status: IEL now manages full operations of the park and has initiated expansion plans to make it an all-weather destination

Management Commentary:

Jai Malpani, Managing Director, commented on Q2 & H1 FY27 performance:

  • Q2 park revenues up 10% YoY despite 6% lower footfalls due to high impact rains in July-August
  • Focus on strengthening operational performance and improving guest experience through continuous enhancements
  • Good buildup observed for Q3 FY27
  • Hello Park Hyderabad expected to commence operations in coming months
  • Commitment to enhancing guest engagement, strengthening existing assets, and building scalable platform for sustainable long-term growth

Company Background:

Imagicaaworld Entertainment Limited owns and operates India's leading theme and water parks, including Imagicaa, WetnJoy, Sai Teerth, and Aqua Imagicaa at various locations.