StockWatch
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Amusement Parks/ Other Recreation
Quarterly Result13 Nov 2026, 09:47 pm

Imagicaaworld Entertainment H1 FY27 Revenue Up 15% to ₹218 Cr

AI Summary

Imagicaaworld Entertainment Limited announced its unaudited financial results for the second quarter and half year ended September 30, 2026. For H1 FY27, Revenue from Operations grew 15% YoY to ₹218 Crs from ₹190 lakhs in H1 FY26, driven by robust footfall growth. EBITDA increased 14% YoY to ₹72.3 Crs, maintaining a 33% margin. Key strategic moves include the approved divestment of Novotel Imagicaa for ₹248 crore to Juniper Hotels, strengthening the balance sheet and focusing on core entertainment. The company also approved issuing warrants worth ₹16.25 Crs to Bennett Coleman & Co Ltd for marketing initiatives. Furthermore, Imagicaaworld acquired a 50.002% stake in Mehsana Next Parks Pvt. Ltd. (operating Shanku’s Water Park) for ₹50 Crs, with plans for expansion. The MD highlighted a 10% revenue increase in Q2 FY27 despite lower footfalls due to rains, and anticipates growth from the upcoming Hello Park Hyderabad.

Key Highlights

  • H1 FY27 Revenue grew 15% YoY to ₹218 Crs.
  • EBITDA increased 14% YoY to ₹72.3 Crs with a 33% margin.
  • Approved divestment of Novotel Imagicaa for ₹248 crore.
  • Acquired 50.002% stake in Shanku’s Water Park for ₹50 Crs.
  • Warrants worth ₹16.25 Crs to be issued to BCCL for marketing.