Financial Results (Consolidated)

Quarterly Performance (YoY Comparison):

  • Revenue from Operations: Increased 19.9% to ₹17,760 lakhs (₹177.6 Cr) from ₹14,810 lakhs in Q1 FY26
  • EBITDA: Increased 24.1% to ₹9,010 lakhs from ₹7,260 lakhs in Q1 FY26
  • EBITDA Margin: Expanded 170 basis points to 50.7% from 49.0%
  • Profit After Tax (PAT): Increased 29.9% to ₹5,757 lakhs (₹57.57 Cr) from ₹4,431 lakhs in Q1 FY26
  • PAT Margin: Expanded to 32.4% from 29.9%

Operational Highlights

Theme Parks Business:

  • Footfalls: Increased 22% YoY to 11,54,198 from 9,46,569 in Q1 FY26
  • ARPU: Remained flat at ₹1,395 (₹1,394 in Q1 FY26)
  • Revenue: Increased 22% YoY to ₹16,100 lakhs from ₹13,195 lakhs

Novotel Imagicaa (Hospitality Business):

  • Occupancy: Decreased to 62.09% from 64.55% in Q1 FY26
  • ARPU: Increased 1% to ₹9,657 from ₹9,522
  • Revenue: Decreased 2% to ₹15.83 Cr from ₹16.23 Cr

Strategic Developments

Acquisition in Gujarat:

  • Investment of ₹50 crores for 50.002% stake in Mehsana Next Parks Private Limited (MNPPL)
  • MNPPL owns and operates Shanku's Water Park in Mehsana, Gujarat
  • Company will partner with existing owners to expand park offerings
  • Will undertake Operations & Maintenance (O&M) of the business
  • Will earn management fees in range of 6%-10%
  • Intention to rebrand park as "Aqua Imagicaa"

Hello Park Expansion:

  • Hyderabad Location: LOI signed for first Hello Park at Lake Shore Y Junction Mall spanning ~10,000 sq. ft., opening targeted before year-end festive season
  • Surat Location: LOI signed for second Hello Park at Phoenix Mall's upcoming development spanning ~9,000 sq. ft.

Management Commentary

Jai Malpani, Managing Director, commented on performance driven by healthy demand across catchments, strong footfalls during peak holiday season, and extended summer benefit. Stated strategic rationale for Gujarat acquisition expands footprint in fast-growing leisure market. Hello Park format complements outdoor parks, enables year-round customer engagement, and provides scalable growth opportunity across urban markets.

Company Description

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