India's Imagicaaworld Entertainment rises on 10-billion-rupee expansion plan

Imagicaaworld Entertainment

22/07/2026 10:37

** Shares of Indian entertainment park operator Imagicaaworld IMAW.NS rise 2.02% to 47.9 rupees 
** Says it plans to invest up to 10 billion Indian rupees ($103.60 million) over next five to six years to expand its portfolio to 13 parks from nine
** Co's Managing Director Jai Malpani told Reuters co will initially focus expansion on tier-1 Indian cities 
** Co also plans to raise ticket prices by 5%-8% in December quarter and cut discounts to help offset higher electricity and labour costs
** Expects FY27 revenue growth in high single-digit to double-digit percentage range, with EBITDA margin of about 40%-43%
** YTD stock up 3.5%
     
     
($1 = 96.5250 Indian rupees)

(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))