| 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
- ₹503.75
- Market cap
- ₹9,713 Cr
- Revenue (annual)
- ₹984.6 Cr
- Net profit (annual)
- ₹207.1 Cr
- P/E (TTM)
- 44.0×Sector 27.8×
- Promoter holding
- 60.84%+0.00% QoQ
- FII holding
- 11.50%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 Annual General Meeting
Saregama India held its 79th AGM on September 15, 2026, via video conferencing. The meeting covered routine business, including the adoption of financial statements and audit resolutions.
Saregama India Annual General Meeting
Saregama India Limited has issued the notice for its 79th Annual General Meeting scheduled for September 15, 2026. The agenda includes financial statement adoption and director re-appointment.
Saregama India Other Announcement
Saregama India Limited shared the web-link for its FY 2025-26 Integrated Annual Report. The company's 79th Annual General Meeting is scheduled for September 15, 2026.
Saregama India Annual Report
Saregama India Limited has released its Integrated Annual Report for FY 2025-26. The 79th Annual General Meeting is scheduled for September 15, 2026, via video conferencing.
Saregama India Management Change
Saregama announced leadership changes at its subsidiary, Pocket Aces. Vinay Pillai is elevated to CEO, while Aditi Shrivastava transitions to a strategic board role.
Saregama India Earnings Call Transcript: Key Takeaways
Saregama reported Q1FY27 revenue of Rs. 263.6Cr (+27% YoY) and adjusted EBITDA of Rs. 112.4Cr (+69% YoY). Strategy focuses on new age IP and scaling Live Events/Artiste Management.
- Call
- Guides 20% growth