Imagicaaworld Entertainment Ltd

Imagicaaworld Entertainment announced the launch of 10 new water slides at Wet'nJoy Water Park, Lonavala, bringing the total number of water attractions to 31. The new slides are designed to offer an exceptional blend of adrenaline pumping excitement and family-friendly fun, ensuring an unforgettable summer experience for guests of all ages. Starting 8 April 2025, these 10 new attractions will be open to the public, inviting guests of all ages to experience an unforgettable summer adventure. Powered by Capital Market - Live

The company stated that this opening is part of the brand's expansion plans, building on the success of the Aqua Imagicaa - Surat, Gujarat which was launched in March 2023. The new Indore Water Park is spread over an area of 18 acres and promises to offer 20 rides. The company expects the Indore location to provide a fillip to its geographical growth strategy and help solidify its position as a market leader. Jai Malpani, managing director of Imagicaaworld Entertainment, said: We are excited to expand Aqua Imagicaa's presence with our second park in Indore making it the biggest water park in Madhya Pradesh and the 5th water park in our portfolio. This expansion increases our park count to 8 parks and brings us closer to our consumers and meets the increasing demand for quality water parks in India. As we continue to add one new park each year, Aqua Imagicaa Indore marks another step in fulfilling our promise to bring new, unique entertainment destinations across the country. Imagicaaworld Entertainment Limited (BSE: 539056; NSE: IMAGICAA) owns and operates India's leading theme and water parks, including Imagicaa, WetnJoy, SaiTeerth, and Aqua Imagicaa at various locations. The company's consolidated net profit declined 25.46% to Rs 3.22 crore despite a 35.97% increase in revenue to Rs 91.86 crore in Q3 FY25 as compared with Q3 FY24. Powered by Capital Market - Live

Imagicaaworld Entertainment announced the launch of Aqua Imagicaa Water Park in Indore, Madhya Pradesh. The park officially open to the public from today i.e. 24 March 2025. Jai Malpani, Managing Director of Imagicaaworld Entertainment, shared, We are excited to expand Aqua Imagicaa's presence with our second park in Indore making it the biggest water park in Madhya Pradesh and the 5th water park in our portfolio. This expansion increases our park count to 8 parks and brings us closer to our consumers and meets the increasing demand for quality water parks in India. As we continue to add one new park each year, Aqua Imagicaa Indore marks another step in fulfilling our promise to bring new, unique entertainment destinations across the country. This aligns with the company's vision to provide top-tier entertainment experiences to different catchments across India, further solidifying the company's position as a leader in the country's growing leisure and entertainment landscape'.Powered by Capital Market - Live

Imagicaaworld Entertainment announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 13 March 2025.Powered by Capital Market - Live

Net profit of Imagicaaworld Entertainment declined 25.46% to Rs 3.22 crore in the quarter ended December 2024 as against Rs 4.32 crore during the previous quarter ended December 2023. Sales rose 35.97% to Rs 91.86 crore in the quarter ended December 2024 as against Rs 67.56 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales91.8667.56 36 OPM %32.2337.26 - PBDT27.2730.80 -11 PBT4.1512.72 -67 NP3.224.32 -25 Powered by Capital Market - Live

Imagicaaworld Entertainment will hold a meeting of the Board of Directors of the Company on 12 February 2025.Powered by Capital Market - Live

Imagicaaworld Entertainment announced that in relation to acquisition of 100% equity shares of Malpani Parks Indore from its existing shareholder, Malpani Parks, the Company and the Seller have mutually agreed to extend the transaction completion date from 31 December 2024 to not later than 31 March 2025.Powered by Capital Market - Live

India Ratings stated that the ratings reflect IEL's established market position along with a healthy consolidated financial profile. IEL's promoters 'the Malpani Parks Private Limited ' a part of Malpani Group ' have consolidated the entire theme park business under IEL in FY25, which has given the company a strong portfolio of assets and enhanced business and geographic diversification. The agency also takes comfort from the promoters' over two decades of experience in the theme park business and the operational performance history of such parks. The ratings, however, are constrained by the seasonality of theme park and water park revenues and vulnerability of the business to discretionary spending by customers. IEL's ability to manage its capital structure is a key rating monitorable, given (a) the inherent capital-intensive nature of park operations, (b) the company's ongoing capex plans, and (c) payment consideration towards the promoter group entities for the parks acquired in FY25. IEL ability to achieve the envisaged growth in footfalls and scale of operations thereby improving profitability metrics as well as timely completion of under-construction parks also is a key monitorable. Imagicaaworld Entertainment (IEL) operates a large amusement park in Khopoli, covering 110 acres which includes a combination of theme park, water park, snow park, and Novotel, a five-star hotel. IEL has acquired four operational parks, two each in Lonavala and Shirdi each. IEL has further planned to build a water park in Indore and a recreational park in Ahmedabad. The scrip shed 0.08% to currently trade at Rs 75.70 on the BSE. Powered by Capital Market - Live

Net Loss of Imagicaaworld Entertainment reported to Rs 6.59 crore in the quarter ended September 2024 as against net loss of Rs 57.37 crore during the previous quarter ended September 2023. Sales rose 11.52% to Rs 39.97 crore in the quarter ended September 2024 as against Rs 35.84 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales39.9735.84 12 OPM %-9.4611.94 - PBDT-3.135.90 PL PBT-24.99-17.06 -46 NP-6.59-57.37 89 Powered by Capital Market - Live

Imagicaaworld Entertainment will hold a meeting of the Board of Directors of the Company on 7 November 2024Powered by Capital Market - Live