Imagicaaworld Entertainment Limited has announced its audited financial results for the quarter ended March 31, 2026. Despite a challenging global environment, the company maintained stable revenue from operations at Rs. 91.9 crore and achieved a 5% year-on-year growth in footfalls. Strategic expansion plans are underway, including a Rs. 100 crore investment in Shanku’s Water Park and a partnership to launch indoor ‘Hello Park’ entertainment centers across India.
Financial Highlights
During the fourth quarter of the 2026 fiscal year, the company reported revenue from operations of Rs. 91.9 crore, compared to Rs. 94.4 crore in the same period last year. This 2.7% decline was primarily attributed to the conclusion of government incentives for the Khopoli Theme Park. Despite external economic pressures, the company saw a 5% increase in total footfalls, reaching 6.21 lakh, while the Average Revenue Per User (ARPU) remained steady at Rs. 1,230.
Strategic Growth Initiatives
The company is aggressively expanding its footprint as a diversified entertainment platform. A significant development is the board-approved investment of up to Rs. 100 crore into ‘Mehsana Next Parks Private Limited’, a special purpose vehicle for the Shanku’s Water Park business. As part of this agreement, Imagicaaworld will provide operation and management services, alongside the use of its brand intellectual property, in exchange for a 6-10% management fee.
Entry into Indoor Entertainment
Imagicaaworld is making its debut in the indoor kids’ entertainment segment through a new partnership with the Dubai-based brand Hello Park. The venture aims to bring ‘Phygital’ (physical and digital) entertainment experiences to children in India. The company has already finalized a letter of intent for its first location, which will be situated at Lake Shore Y Junction in Hyderabad.
Outlook for FY27
Management remains optimistic for the upcoming fiscal year, anticipating that the combination of destination parks, regional water parks, and new indoor attractions will mitigate seasonal fluctuations. With a hot summer season projected across the country, the company expects robust demand for its water park portfolio throughout the peak summer months.
Source: BSE
