Imagicaaworld Entertainment Limited reported a sharp decline in profitability for the financial year ended March 31, 2026, with its Board of Directors approving the audited standalone and consolidated financial results at a meeting held on May 15, 2026. The board meeting commenced at 01:14 p.m. (IST) and concluded at 03:38 p.m. (IST). Statutory auditors Suresh Surana & Associates LLP issued an unmodified opinion on both sets of financial results, as confirmed by the company's Chief Financial Officer.

Q4 Consolidated Performance

For the quarter under review, Imagicaaworld Entertainment's consolidated performance reflected continued pressure on profitability. The following table summarises the key Q4 consolidated metrics:

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 4M rupees from 157M rupees year-on-year.

Standalone Financial Performance

On a standalone basis, Imagicaaworld Entertainment's revenue from operations declined to Rs. 35,900.70 Lakhs in FY26 from Rs. 40,999.61 Lakhs in FY25. Total income, including other income of Rs. 2,213.91 Lakhs, stood at Rs. 38,114.61 Lakhs, compared to Rs. 41,908.08 Lakhs in the prior year. The company's net profit for FY26 fell significantly to Rs. 2,004.83 Lakhs from Rs. 7,779.18 Lakhs in FY25. Total comprehensive income for the year was Rs. 2,064.35 Lakhs against Rs. 7,763.82 Lakhs in FY25.

The following table summarises the standalone financial results:

For the quarter ended March 31, 2026, standalone revenue from operations was Rs. 8,940.39 Lakhs, with a net profit of Rs. 552.54 Lakhs. Total expenses for the full year rose to Rs. 35,367.08 Lakhs from Rs. 33,332.02 Lakhs, driven by higher employee benefit expenses of Rs. 5,037.61 Lakhs (vs Rs. 4,602.63 Lakhs), finance costs of Rs. 1,828.26 Lakhs (vs Rs. 1,053.03 Lakhs), and other expenses of Rs. 12,638.55 Lakhs (vs Rs. 11,731.96 Lakhs).

Consolidated Financial Performance

On a consolidated basis, Imagicaaworld Entertainment's revenue from operations for FY26 stood at Rs. 37,385.38 Lakhs, compared to Rs. 41,022.30 Lakhs in FY25. Total consolidated income was Rs. 38,399.62 Lakhs against Rs. 41,939.02 Lakhs in the prior year. Consolidated net profit declined sharply to Rs. 63.64 Lakhs from Rs. 7,717.33 Lakhs, while total comprehensive income fell to Rs. 124.32 Lakhs from Rs. 7,701.97 Lakhs.

Segment-Wise Performance

The company operates through two reportable segments — Parks Division and Hotel Division. The Parks Division encompasses revenue from theme parks, amusement parks, water parks, snow parks, devotional parks, park restaurants, retail/merchandise, and other operating income. The Hotel Division covers hotel accommodation, hotel restaurants, and merchandise.

Consolidated segment assets for the Parks Division stood at Rs. 1,45,945.61 Lakhs and for the Hotel Division at Rs. 11,250.23 Lakhs as at March 31, 2026. Total capital employed across the group was Rs. 1,25,404.23 Lakhs.

Balance Sheet and Cash Flow Highlights

On a standalone basis, total assets as at March 31, 2026 were Rs. 1,75,284.79 Lakhs, compared to Rs. 1,92,837.62 Lakhs as at March 31, 2025. Total equity stood at Rs. 1,32,919.50 Lakhs. Standalone cash and cash equivalents at year-end were Rs. 1,337.79 Lakhs, down from Rs. 3,701.82 Lakhs at the start of the year. Net cash generated from operating activities on a standalone basis was Rs. 12,139.41 Lakhs, while net cash used in investing activities was Rs. (22,761.83) Lakhs, largely on account of a payment of Rs. (30,000.00) Lakhs towards acquisition through business combination.

On a consolidated basis, total assets were Rs. 1,75,414.83 Lakhs as at March 31, 2026, against Rs. 1,88,779.60 Lakhs in the prior year. Consolidated cash and cash equivalents at year-end stood at Rs. 1,612.15 Lakhs. Net cash from consolidated operating activities was Rs. 10,991.75 Lakhs, while net cash used in investing activities was Rs. (28,709.66) Lakhs.

Key Corporate Developments

Several notable corporate developments were disclosed alongside the financial results:

• Preferential Issue: The Board approved the issuance of up to 2,34,82,500 equity shares at Rs. 73.50/- per share and up to 2,34,82,500 Convertible Warrants at Rs. 73.50/- per warrant, each aggregating to Rs. 17,259.64 Lakhs. Out of total proceeds, Rs. 21,574.14 Lakhs had been utilised up to March 31, 2026, including Rs. 13,917.24 Lakhs as a loan to Malpani Parks Indore Private Limited, Rs. 5,500.00 Lakhs for repayment of a related-party loan, Rs. 2,155.00 Lakhs towards a Business Transfer Agreement with Giriraj Enterprises, and Rs. 1.90 Lakhs for general corporate purposes.
• New Subsidiary: During the quarter ended June 30, 2025, the company incorporated a wholly owned subsidiary, Imagicaa Next Private Limited, which had not commenced business operations as of the reporting date.
• New Labour Codes: The Government of India's New Labour Codes became effective from November 21, 2025. The estimated incremental impact on the standalone entity is Rs. 53.62 Lakhs and on the consolidated group is Rs. 53.66 Lakhs, recognised under employee benefit costs.
• Exceptional Items: For FY26, exceptional items resulted in a net gain of Rs. 19.28 Lakhs, primarily comprising a gain of Rs. 157.98 Lakhs on fair value change in NCRPS, offset by Rs. 138.70 Lakhs of costs related to a previously contemplated Qualified Institutional Placement (QIP) expensed during the quarter ended June 30, 2025.
• Tax Position: The company has unabsorbed business losses and depreciation under the Income Tax Act, 1961, and accordingly no provision for current tax has been considered necessary.

The consolidated financial results include the results of subsidiaries Blue Haven Entertainment Private Limited, Malpani Parks Indore Private Limited, and Imagicaa Next Private Limited. The results are available on the company's website at www.imagicaaworld.com .

Imagicaaworld Entertainment Limited has informed the exchanges regarding the resignation of its Company Secretary and Compliance Officer, Ms. Reshma Poojari. The Board of Directors at its meeting held on Friday, May 15, 2026, accepted the resignation of the Key Managerial Personnel.

Ms. Poojari tendered her resignation to pursue alternate career opportunities outside the company name . She will be relieved from her duties effective close of business hours on June 08, 2026. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

The company provided specific details regarding the change in its compliance leadership. The resignation follows a tenure of nearly three years and eight months with the organization.

The resignation letter submitted by Ms. Poojari expressed gratitude to the Board and Senior Leadership for their support during her tenure. She wished the company continued success in its future endeavours. The company has requested the exchanges to take the information on record.