| Revenue growth | 19% YoY for Q4; H2 growth (26%) significantly outpaced H1 (8%). |
|---|---|
| Margins | Music margins improved to 68% in Q4 due to content phasing. |
| Demand visibility | Strong; 20-year opportunity in underpenetrated Indian music market. |
| Management confidence | High; citing shift from free to paid platforms and content success. |
Growth
FY26 music vertical revenue grew 17% YoY to ₹814cr with 68% segment margins in Q4.
Outlook
Guided 20-23% CAGR for music vertical; ₹300-350cr new content budget for FY27; Bhansali Productions strategic investment.
Risks
Slow paid streaming penetration in India (<3%); lumpiness in live events business; previous weakness in Punjabi market.
Earnings Call filed with BSE, NSE: SAREGAMA. Summary written with AI assistance from the document.
Saregama India Ltd: key numbers
- Share price
- ₹643.85
- Market cap
- ₹12,414 Cr
- Revenue (annual)
- ₹984.6 Cr
- Net profit (annual)
- ₹207.1 Cr
- P/E (TTM)
- 51.4×Sector 28.9×
- Promoter holding
- 60.84%+0.00% QoQ
- FII holding
- 11.88%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Saregama India Ltd
All →Saregama India Merger & Restructuring
Saregama India's board approved closing its wholly owned Dubai subsidiary, Saregama FZE, which has no ongoing operations. The closure is not expected to materially affect business operations.
Saregama India Earnings Call Transcript: Key Takeaways
Q2 revenue ₹314 Cr (+37%) and adj. EBITDA ₹118 Cr (+39%), helped by a low base and upfront recognition of old-film licensing. Management pushes a rolling-12-month view.
- Call
- Guides 20% growth
Saregama India Investor Presentation: Key Takeaways
Q2 FY27 revenue INR 3,143 Mn (+37% YoY), Adj. EBITDA INR 1,180 Mn (+39%), PAT INR 642 Mn (+47%). Music-led growth; Live Events doubled; Video down 16%.
Saregama India Q2 FY27 Results: Net Profit ₹64.2 Cr, Up 46.6% YoY
Saregama India Ltd reported revenue from operations of ₹314.3 Cr (+36.7% YoY) and net profit of ₹64.2 Cr (+46.6% YoY) for Q2 FY27.
- Key figure
- Net profit ₹64.2 Cr · +46.6% YoY
Saregama India Other Announcement
Saregama India Ltd filed its quarterly shareholding pattern for the period ended September 30, 2026. This disclosure reports the current stake distribution among its shareholders.
Saregama India Employee Stock Options
Saregama India approved the grant of 10,50,000 employee stock options to an eligible employee at an exercise price of Rs. 496.70 per share.