Imagicaaworld Entertainment Limited, India’s leading amusement and water park operator, has announced its audited financial results for the fourth quarter and full year ending 31st March 2026. The company reported a revenue of ₹91.9 crore for Q4 FY26, marking a 2.7% decline from ₹94.4 crore in the same quarter last year. This decrease is attributed to the cessation of government incentives for the Khopoli Theme Park in Q1 FY26.
Despite the revenue dip, Imagicaaworld saw a 5% year-on-year increase in footfalls, with 6.21 lakh visitors during the quarter. The average revenue per user (ARPU) remained steady at ₹1,230. The company attributes the growth in footfalls to increased direct channel engagement through its website and walk-ins across its parks.
In a strategic move, the board has approved an investment of up to ₹100 crore in Mehsana Next Parks Private Limited, a special purpose vehicle for Shanku’s Water Park business. Imagicaaworld will provide operations and management services at the water park, with an option to use its intellectual property and receive a management fee ranging from 6% to 10%.
Additionally, Imagicaaworld has partnered with Dubai-based Hello Park to introduce indoor phygital entertainment for children in India. The first location has been finalised in Hyderabad at Lake Shore Y Junction.
Jai Malpani, Managing Director of Imagicaaworld Entertainment Limited, commented on the performance, stating, “The quarter reflected steady progress across our parks. Despite a challenging global environment, pressure on disposable incomes due to rising costs, and gas shortages impacting F&B operations, the Company delivered a resilient performance with stable revenues and footfalls.”
Malpani also highlighted the company’s strategic initiatives to diversify its entertainment offerings, including the launch of Hello Park in India and the investment in Shanku’s Water Park. These initiatives are expected to reduce seasonality, diversify revenue streams, and create a more balanced, year-round business profile.
Looking ahead to FY27, Imagicaaworld remains optimistic about its growth prospects, anticipating strong demand for water parks during the peak summer season.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).