Imagicaaworld expands into family entertainment, reports revenue growth

Imagicaaworld Entertainment Limited reported revenue of INR 41.8 crore for the second quarter of FY26, a 4.6% increase from INR 40.0 crore in the previous year. Average Revenue Per User (ARPU) rose by 13% to INR 1,299 from INR 1,153 year-over-year, driven by a focus on non-ticketing revenues, including food, beverage, merchandise, and experiential offerings. Despite heavy rains impacting footfalls, the hotel segment saw a 17% growth in revenues, reaching INR 13 crore, with occupancy at 65% compared to 57% in Q2 FY25.

The company is strategically expanding into the FEC segment through a partnership with Hello Park, securing exclusive rights for its subsidiary, Imagicaa Next, to introduce phygital play parks in India. Additionally, Imagicaaworld received approvals for the acquisition of 100% equity in Malpani Parks Ahmedabad Private Limited for INR 75 crores, aiming to secure land for India’s largest waterpark near Ahmedabad. Environmental clearance has also been granted for the construction of an Entertainment Destination at Sabarmati Riverfront.

managing director Jai Malpani commented on the strong performance despite the seasonally softer period, attributing it to enhanced guest experience and anticipating robust H2 growth. The partnership with Hello Park is expected to expand the consumer offering with a scalable, asset-light model.