Imagicaaworld Entertainment Limited has announced a virtual analyst and institutional investor conference scheduled for Thursday, May 21, 2026, starting at 12:00 p.m. The event will be hosted by Centrum Broking and is being held in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. As per the company's intimation filed by Company Secretary and Compliance Officer Reshma Poojari on May 18, 2026, all discussions during the meeting will be based on publicly available information only, with no unpublished price sensitive information (UPSI) to be shared. The company has explicitly confirmed that changes to the schedule may occur due to exigencies on the part of the host, participants, or the company itself.
Imagicaaworld Entertainment Limited's Board of Directors approved an investment of up to ₹100 crore in Shanku's Water Park in Mehsana, Gujarat, at their meeting held on May 15, 2026. The investment will be executed through Mehsana Next Parks Private Limited (MNPPL), a subsidiary of Keshav Holiday Resort Private Limited, with the company providing end-to-end operations and management services covering park operations, guest experience, safety systems, food and beverage, and revenue optimisation. The deal was first disclosed to stock exchanges on January 20, 2026 and April 2, 2026, with the company leveraging its operational expertise to provide management services under the Shanku's Water Park brand.
The investment announcement comes alongside the company's Q4FY26 results, which showed revenue from operations of ₹91.9 crore for the quarter. However, the company reported a sharp decline in profitability for FY26, with net profit falling significantly to ₹2,004.83 lakhs from ₹7,779.18 lakhs in FY25. The Q4 EBITDA margin contracted sharply to 33% from 43% in the same period of the prior year, while consolidated net profit declined significantly to ₹4 lakhs from ₹157 lakhs year-on-year. Total expenses for FY26 rose to ₹35,367.08 lakhs from ₹33,332.02 lakhs, driven by higher employee benefit expenses of ₹5,037.61 lakhs and finance costs of ₹1,828.26 lakhs.
Shanku's Water Park spans over 25 acres and houses more than 25 rides and attractions. According to the company's announcement, the park draws visitors from Ahmedabad, Gandhinagar, Mehsana and surrounding areas and has recently undergone renovation including upgraded water filtration systems. The park is located within roughly one hour of Ahmedabad and GIFT City, positioning it strategically for regional tourism growth. As per Ahmedabad News, Shanku's Water Park is considered Gujarat's largest water park destination, making it a significant addition to Imagicaaworld's portfolio.
Under the arrangement, Imagicaaworld will earn a management fee of 6 per cent to 10 per cent based on the park's performance. As reported by The Hindu BusinessLine, Managing Director Jai Malpani stated that Gujarat's rising discretionary spending and growing tourism activity made it a priority market, and that the company intended to use its operational expertise to drive footfalls and improve guest experience at the acquired property. The partnership is expected to enhance guest experiences and boost footfalls while expanding the company's presence beyond its flagship Khopoli property in Maharashtra.
On the NSE, Imagicaaworld shares closed at ₹42.07 on Monday, down 2.66 per cent on the day. According to market data, the stock has shed approximately 36 per cent over the past year and trades at a trailing P/E of over 3,800, reflecting thin earnings against its market capitalisation of roughly ₹2,366 crore. The company operates through two reportable segments — Parks Division and Hotel Division, with the Parks Division generating ₹31,680.14 lakhs revenue in FY26 compared to ₹34,870.08 lakhs in FY25. Total assets stood at ₹1,75,284.79 lakhs on a standalone basis as of March 31, 2026, with total equity of ₹1,32,919.50 lakhs.
