Imagicaaworld Entertainment Limited — Credit Ratings, 17-03-2026: Credit Rating

India Ratings & Research (Ind-Ra) has affirmed the IND A/Stable/IND A1 rating on Imagicaaworld Entertainment's bank loan facilities. This reaffirmation reflects its strong market position and diversified theme/water park portfolio. Improved financial metrics due to recent debt reduction and expected revenue growth from new parks support the rating, despite inherent seasonality and capital-intensive operations.