Mumbai: Imagicaaworld Entertainment Limited (BSE: 539056; NSE: IMAGICAA), India’s largest amusement and water park player, has reported a strong operational and financial performance for the first quarter ended June 30, 2026.
Revenue from Operations grew 19.9% year-on-year to ₹17,760 lakhs during Q1 FY27, driven by robust footfall growth, an extended summer season and healthy demand across its parks.
The company’s EBITDA increased 24.1% YoY to ₹9,010 lakhs, with EBITDA margin improving by 170 basis points to 50.7%. Profit After Tax (PAT) rose 29.9% YoY to ₹5,757 lakhs, supported by improved operational efficiency and profitability.
Footfalls increased 22% YoY to 11.54 lakh visitors during the quarter, while Average Revenue Per User (ARPU) remained stable.
As part of its expansion strategy, Imagicaaworld announced an investment of ₹50 crore to acquire a 50.002% stake in Mehsana Next Parks Private Limited (MNPPL), the Special Purpose Vehicle that owns and operates Shanku’s Water Park in Gujarat. The company will also undertake the park’s operations and maintenance.
The company plans to rebrand Shanku’s Water Park as Aqua Imagicaa, leveraging the Imagicaa brand’s recall and customer connect.
Imagicaaworld is also expanding its indoor entertainment portfolio through Hello Park. The company has signed Letters of Intent for two locations. Its first centre in Hyderabad will be located at Lake Shore Y Junction Mall, spanning approximately 10,000 sq. ft., and is targeted to open before the year-end festive season. The second centre will be located at Phoenix Mall’s upcoming development in Surat and will span approximately 9,000 sq. ft.
Commenting on the Q1 FY27 performance, Jai Malpani, Managing Director, Imagicaaworld Entertainment Limited, said:
“We have begun FY27 on a strong note, delivering a 20% year-on-year growth in revenue to Rs. 17,760 lakhs during the first quarter. The performance was driven by healthy demand across all our catchments, supported by strong footfalls during the peak holiday season and the benefit of an extended summer.
We have further strengthened our presence in Gujarat by acquiring an 50% stake in Shanku’s Water Park through an investment of around Rs. 50 crores. As Gujarat’s largest water park, this acquisition is a strategic addition to our portfolio and further expands our footprint in one of India’s fastest-growing leisure markets. We also intend to rebrand the park as Aqua Imagicaa, leveraging the strong brand recall and customer connect that Imagicaa has built over the years.
We are equally excited about our entry into the indoor entertainment segment through Hello Park. Our first centre in Hyderabad is on track to commence operations by the end of this year, and we have also finalized our second location at Phoenix Mall in Surat. We believe this format will complement our existing outdoor parks, enable year-round customer engagement and open up a scalable growth opportunity across urban markets.
With a growing portfolio spanning destination parks, regional water parks, indoor entertainment and experiential attractions, we are building a diversified entertainment platform that reduces seasonality, broadens our revenue base and strengthens our long-term growth prospects. We remain confident about the opportunities ahead and look forward to sustaining this momentum through the rest of the year.”
The company said its growing portfolio across destination parks, regional water parks, indoor entertainment and experiential attractions is aimed at reducing seasonality, diversifying its revenue base and creating scalable long-term growth opportunities.
