ALFA Finder| Management target | Revenue 21.5% Next 3-5 years |
|---|
| Margins | Steady-state margins on fully amortized songs rise to ~90%. |
|---|---|
| Order book | FY27 release slate already secured across Hindi and regional languages. |
| Demand visibility | Strong digital demand; YouTube subscribers grew to 206Mn in FY26. |
| Management confidence | High; visibility through secured Bhansali and regional film slates. |
Growth
FY26 revenue reached ₹9,846Mn; Music segment grew 17% YoY. Operational PBT rose to ₹2,926Mn.
Outlook
Guided 20-23% annual music revenue growth and 3-5% net-margin improvement over next 3-5 years.
Risks
Live events business remains lumpy; retail (Carvaan) volumes declining as company shifts to high-margin SKUs.
Last quarter's promises, checked
Delivered
- Guided H2 growth recovery → delivered H2 growth of 26% (= BEAT)
- Guided Pocket Aces breakeven → delivered breakeven in FY26 (= BEAT)
- Guided 20-23% music revenue CAGR → delivered 17% FY26 growth (= BEAT)
Missed
- Guided ₹1,000Mn content spend over 3 years → delivered ₹235Mn FY26 spend (= MISS)
Investor Presentation 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.