Imagicaaworld Entertainment Limited has informed the Exchange about Credit Rating
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India Ratings & Research has affirmed and assigned its IND A/Stable/IND A1 rating to Imagicaaworld Entertainment's bank loan facilities totaling Rs. 4,400 million. A new facility of Rs. 650 million was assigned the rating, while the existing Rs. 3,750 million facility was affirmed. The rating reflects the company's strong market position as a leading amusement park operator with nine parks, strong revenue growth of 52% to INR 4,102 million in FY25, and improved credit metrics with net leverage reducing to 0.74x from 2.27x. The company has been expanding through acquisitions and planned capex, though the agency notes monitorables around ongoing capital expenditure plans and vulnerability to seasonal demand fluctuations.
The rating affirmation signals stable credit health and low default risk, which is positive for shareholders and bondholders. The 'IND A' investment-grade rating and 'Stable' outlook indicate the company can service its debt obligations comfortably.