Investor Presentation

Date: 4th November, 2026 The Manager, The General Manager, Listing Department, The Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Phiroze Jeejeebhoy Towers, Block G, Bandra – Kurla Complex, Dalal Street, Bandra (East), Mumbai – 400 051 Mumbai – 400 001 Symbol: SAREGAMA Scrip Code: 532163 Subject: Update under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’) Reference: Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended on 30th September, 2026. Dear Sir/ Madam, Pursuant to Regulation 30 of SEBI Listing Regulations, as amended from time to time and in continuation to our earlier communication sent today, please find enclosed the following for the Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended on 30th September, 2026: 1. Press Release on Earnings; and 2. Investor Presentation. This information is available on the website of the Company www.saregama.com You are requested to kindly take the abovementioned on record. Yours Faithfully, For SAREGAMA INDIA LIMITED Nayan Kumar Misra Company Secretary and Compliance Officer Membership No: A26243 Encl: As above SAREGAMA India Limited, 33, Jessore Road, Dum Dum, Kolkata - 700 028, India. Tel: +91 33 2551 2984, Fax: +91 33 2550 0817, Web: www.saregama.com CIN: L22213WB1946PLC014346 Email ID: co.sec@saregama.com Revenue from Operations at INR 3,143 Mn (37% YoY growth), Adjusted EBITDA at INR 1,180 Mn (39% YoY growth) and PBT at INR 858 Mn (43% YoY growth) Mumbai, 04th November 2026: Saregama, a RPSG Group company, announced its Financial Results for the quarter ended 30th September 2026. Q2 FY27 Financial Highlights: Music [ Licensing + Artiste Management + Retail]  Music Revenue at INR 2,513 Mn registered 35% YoY growth  Music EBITDA at INR 1,540 Mn registered 37% YoY growth  Music Net Margin at INR 1,165 Mn registered 46% YoY growth Live Events [Concert + Devotional + Stand-Up Comedy + Experiential]  Live Events Revenue at INR 447 Mn registered 101% YoY growth, supported by a higher number of events. The Company continued to strengthen its multi- format live entertainment portfolio, leveraging its artiste relationships and music IP to engage audiences across geographies and create opportunities for monetisation Video [Films + TV +Digital Series + Short format]  Overall Video Revenue at INR 183 Mn registered a YoY moderation of 16%. The Company continues to pursue a calibrated approach to its video business focusing on selective content investments and monetisation opportunities as it pivots away from own film production to investment in Bhansali Productions. Key Quarterly Operational Highlights:  The Company released 650+ films & non-films tracks in Q2 FY27 spanning across Hindi, Bhojpuri, Punjabi, Tamil, Telugu, Malayalam, Kannada languages, etc.  Music releases this quarter includes the super hit release of Telugu film album “The Paradise” starring superstar Nani, Tamil film album “Meesaya Murukku 2” starring Hiphop Tamizha, chartbuster songs including songs from Indian pop music content “I-Popstar”, and other non-film songs like “Bari” in Punjabi, “Aa Fariyale” in Bhojpuri, etc.  The Company added 54 artistes in Q2 FY27, taking the total roster to 340 artistes with an aggregate digital reach of over 450 million.  The Live Events business scaled up its concerts, experiential, devotional and stand-up comedy formats with shows of renowned artistes such as Ilaiyaraaja, Backstage Siblings, Manoj Muntashir, Manhar Seth, Carvaan Live’s Sing with Kishore, etc.  During the quarter, Saregama collaborated with marquee brands such as Google, Cadbury, Apple, Tanishq, Reliance, etc. for high-impact, integrated campaigns, leveraging its IPs to drive strong brand engagement. The other highlight of the quarter was the use of our songs in marquee projects including Hindi film Hai Jawani Toh Ishq Hona Hai, Tamil Film DC, Mess produced by HRX Films, etc.  Digital footprint across Saregama’s managed artistes, owned and controlled channels continue to improve beyond 700 Mn+ followers and subscribers across key social media platforms including YouTube, Instagram and Facebook Avarna Jain, Vice Chairperson, Saregama India, said, “We continued to build on our growth momentum during the quarter, supported by the performance of our music business and the expansion of our presence across live events and other entertainment formats. Our focus remains on maximising the value of our intellectual property through multiple monetisation avenues, while maintaining financial discipline and investing in opportunities that support sustainable long-term growth.” About Saregama India: Saregama India Ltd., part of the RPSG Group, is India’s leading Entertainment IP company with a legacy dating back to 1902. Its diverse portfolio includes film and non- film music, digital series, television content, film production, short-format content, artiste and influencer management, live events, and retail products like Carvaan. About RPSG Group: RP-Sanjiv Goenka Group is one of India’s fastest growing conglomerates with a significant global presence. The Group’s businesses include power and energy, carbon black manufacturing, retail, IT enables services, FMCG, media and entertainment and agriculture. For further information, please contact: Janvi Seth | janvi.seth@mslgroup.com | Swapnali Morajkar | swapnali.morajkar@mslgroup.com | QUARTERLY PRESENTATION | Q2 FY27 SAREGAMA INDIA LIMITED QUARTERLY PRESENTATION Q2 FY27 QUARTERLY PRESENTATION | Q2 FY27 OWN THE IP IN PERPETUITY. 1,80,000+ 700MN+ Songs Owned Digital Fanbase THEN COMPOUND Master&underlyingworks, in Subscribers&followers perpetuity,global acrosstheportfolio IT ACROSS EVERY FORMAT THAT INDIA’S DIGITAL BOOM OPENS UP. ₹4,047 MN 26% Adjusted EBITDA IRR on new music (FY26) ChargestoP&L ~10yrs, 41%margin,+13%YoY Pay back ~ 5 yrs & then earns ~ 55 -75 yrs QUARTERLY PRESENTATION | Q2 FY27 FY26 : All Time High Adjusted EBITDA, Headline Revenue Up Excluding One-off Live-events Base KEY FINANCIAL METRICS Revenue from Operations Adjusted EBITDA Music Content Charge Operational PBT (INR Mn) (INR Mn) (INR Mn) (INR Mn) 2,926 Live Events business is lumpy 4,047 in nature. FY25 had one-off 1,399 2,708 2,711 Diljit Dosanjh India tour 3,566 1,282 11,713 2,481 3,029 9,846 2,712 2,044 8,030 864 2,230 7,366 5,806 1,451 1,519 4,420 464 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 Music & Video Live Events FY23 numbers are re-stated post impact of demerger QUARTERLY PRESENTATION | Q2 FY27 Diversified Across Segments, Partners and Revenue Sources - No Single Point of Dependence. 83% 6% 11% MUSIC LIVE EVENTS VIDEO Licensing | Artiste Mgt. | Retail Concerts | Festivals | Devotional | Film (Bhansali) | TV & digital series | (Carvaan, Vinyl) Stand-up Comedy Short-form Revenue diversified across three sources 67% 19% 14% FROM FROM FROM PLATFORM BRAND CUSTOMER Spotify · YouTube · Netflix · JioHotstar · Sun TV · Myntra · Indriya · Unilever · KFC · Hero Amazon · Vijay Sales · BookMyShow · District · PVR Doordarshan · Instagram Music | Events | Short-format | Series Retail | Live Events | Films The above Revenue split is as per FY26 QUARTERLY PRESENTATION | Q2 FY27 Two Moats That Compound: An Owned Catalogue in Perpetuity, and A Large Owned Audience. PROPRIETARY IP DIGITAL FANBASE 1,80,000+ 700 Mn+ Film (Bhansali) | TV & digital series | Short-form Songs owned -master & underlying works, in perpetuity, Subscribers & followers -a direct, owned audience global territory. across the portfolio. 70+ 60+ 200 Mn+ 50 Mn+ Films Digital series Music Video 10K+ 14+ 450 Mn+ Artistes Hours of TV Indian languages & creators QUARTERLY PRESENTATION | Q2 FY27 QUARTERLY PRESENTATION | Q2 FY27 OPERATIONAL HIGHLIGHTS QUARTERLY PRESENTATION | Q2 FY27 The Music [Showing first 8,000 characters — download PDF for full document]