Mumbai, 13 February 2025: Imagicaaworld Entertainment Limited (BSE: 539056; NSE: IMAGICAA), India’s largest amusement & water park player, today announced its financial results for the third quarter and nine months ended December 31st, 2024.
9MFY25 Performance Highlights vis-à-vis 9MFY24 :
- Revenue recorded was Rs. 315.82 Crores compared to Rs. 210.62 Crores, a growth of 49%
- EBITDA clocked of Rs. 136.27 crore; growth of 58% with EBITDA Margins of 43%
- PBT (before exceptional items) of Rs. 70.49 crores, up 145% YoY with a margin of 22%
- Footfalls stood at 21.1 lakhs compared to 10.81 lakhs, a growth of 195%
Q3FY25 Performance Highlights vis-à-vis Q3FY24:
- Revenue at Rs. 91.86 Crores compared to Rs. 70.03 Crores, growth of 31%
- EBITDA clocked of Rs. 29.61 crore; growth of 7.1% with EBITDA Margins of 32%
- PBT (before exceptional items) of Rs. 4.15 crores, with a margin of 4.5%
- Footfalls stood at 6.37 lakhs compared to 3.71 lakhs, a growth of 72%
Operational Highlights for the Quarter:
- Awarded ‘IND A/Stable’ credit rating from India Ratings & Research for its various financial instruments, demonstrating the Company’s robust financial position and consistent business performance
- Aqua Imagicaa, Surat recommenced operations from October 21, 2024 post clearances from Surat Municipal Corporation based upon new norms.
- Launched Imagicaa Arena Trampoline Park at Imagicaa Theme Park with 15+ activities for all age groups with eye-catching neon-lit trampolines, immersive glow-in-the-dark features, and high-energy atmosphere
- Launched 2 new shows at Sai Teerth – Kaliya Mardan 5D show and Mushak Maharaj Show to elevate the guest experience by combining India’s rich cultural heritage with cutting edge technology
- Fund Raising and Acquisition of Solar plant:
The board has approved fundraise of Rs. 345 crore by preferential issue with a mix of equity and warrants at a price of Rs 73.50 per share. - Funds from the preferential issue will be utilized to fund the acquisition of the Indore park, payment of Wet’n Joy parks, and acquisition of an operational solar power plant.
- The board has approved the acquisition of an operational solar power plant of
6.65 MW capacity for a consideration of Rs. 16 crores, which will inter-alia be used for further reduction of power costs of various parks of IEL through the captive route.
Commenting on the Q3 & 9MFY25 performance, Jai Malpani, Managing Director, Imagicaaworld Entertainment Limited said, “We are pleased to report a steady performance for the quarter and nine months ended FY25. Despite macroeconomic uncertainties and subdued consumer spending, we continue to receive love from the guests because of the quality of experience we provide to our visitors. Our unwavering commitment to redefining entertainment through innovation, immersive attractions, and exceptional guest experiences continues to drive our success.
I am pleased to inform that the Board has approved fundraise of Rs. 345 crore through a preferential issue, in which the promoter has also participated as well as received strong interest from quality investors. These strategic investments aligns with our long- term vision of expanding our footprint geographically and simultaneously elevating the quality of entertainment offerings. Additionally, our Indore Water Park is set to commence operations in the coming quarter. Strategically located within a high- potential catchment area encompassing Indore and Ujjain, we are confident that the park will receive an enthusiastic response from visitors.”