NSEPress Release3d ago · 4 Aug 2026, 12:28 pm
Press Release
Saregama India Limited · SAREGAMA
✦ AI Summary▲ PositiveResults
Saregama India Limited has announced its Q1 FY27 financial results, with revenue from operations at INR 2,636 Mn (27% YoY growth), Adjusted EBITDA at INR 1,124 Mn (69% YoY growth) and PBT at INR 705 Mn (38% YoY growth). The company has also highlighted its key quarterly operational highlights, including the release of 750+ films & non-films tracks, addition of 33 artistes, and collaboration with marquee brands.
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Growth Catalyst6/10
Governance Concern1/10
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Market Sentiment8/10
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Full Announcement
Saregama India Limited has informed the Exchange regarding a press release dated August 04, 2026, titled "Press Release Q1 FY 27".
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Date: 4th August, 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
ended on 30th June, 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 ended on 30th June,
2026:
1. Press Release on Earnings; and
2. Investor Presentation.
This information is available on the website of the Company at: 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 2,636 Mn (27% YoY growth), Adjusted EBITDA at INR
1,124 Mn (69% YoY growth) and PBT at INR 705 Mn (38% YoY growth)
Mumbai, 04th August 2026: Saregama, a RPSG Group company, announced its Financial
Results for the quarter ended 30th June 2026.
Q1 FY27 Financial Highlights:
Music [ Licensing + Artiste Management + Retail]
• Music Revenue at INR 2,306 Mn registered 39% YoY growth
• Music EBITDA at INR 1,398 Mn registered 36% YoY growth
• Music Net Margin at INR 996 Mn registered 31% YoY growth
Live Events [Concerts + Music Festivals + Devotional]
• Live Events Revenue at INR 160 Mn registered 214% YoY growth driven by multi format
strategy of Concerts, Devotional, Experiential and Stand-up Comedy events.
Video [Films + TV +Digital Series + Short format]
• Overall Video Revenue at INR 170 Mn registered a degrowth as the company pivots
away from own film production to investment in Bhansali Production.
Key Quarterly Operational Highlights:
• The Company released 750+ films & non-films tracks spanning across Hindi,
Bhojpuri, Punjabi, Tamil, Telugu, Malayalam, Kannada, languages etc. generating
250 Mn+ streams and views across Spotify and YouTube
• Music releases this quarter include the super hit release of Hindi film
album “Krishnavataram Part 1: The Heart (Hridayam)” appearing in the Spotify
Weekly Top 200 Albums (India), Malayalam film album “Athiradi” starring Basil
Joseph, chartbuster non-film songs including Ved Lavla in Marathi starring our
managed artiste Neel Salekar (Instagram handle @just_neel_things), demonstrating
the strength of our Entertainment Flywheel framework.
• The Company added 33 artistes in Q1 FY27, taking the total roster to 309
artistes with an aggregate digital reach of over 440 million
• The Live Events business scaled up its devotional and stand-up comedy formats with
shows of renowned artistes such as Jaya Kishori, Manoj Muntashir, Backstage Sibling,
Manhar Seth etc.
• During the quarter, Saregama collaborated with marquee brands such as Visa, HUL,
Myntra, Godrej, Bharat Matrimony, 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 Cocktail 2,
Raakh running on Amazon Prime, Gujarati movie Laalo, etc.
• Digital footprint across Saregama owned and controlled channels continued to
improve beyond 680 Mn+ followers and subscribers across key social media
platforms including YouTube, Instagram and Facebook
Avarna Jain, Vice Chairperson, Saregama India, said, “We have started the new financial
year on a strong note, delivering healthy financial performance while continuing to
strengthen our Entertainment Flywheel. Our integrated ecosystem across music, video, live
events and artiste management enables us to maximise the value of our intellectual property
and positions us well for 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 enabled 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 | Q1 FY27
SAREGAMA
INDIA
LIMITED
QUARTERLY
PRESENTATION
Q1 FY27
QUARTERLY PRESENTATION | Q1 FY27
OWN THE IP IN
PERPETUITY. 1,80,000+ 680MN+
Songs Owned Owned
THEN COMPOUND
Audience
Master&underlyingworks, in
IT ACROSS EVERY perpetuity,global Subscribers&followers
acrosstheportfolio
FORMAT THAT
INDIA’S DIGITAL
BOOM OPENS UP.
₹4,047 MN 26%
Adjusted EBITDA IRR on new music
(FY26)
Steady-state
margin risesto~90%
41%margin,+13%YoY
NewmusicchargesthroughtheP&Lin~10years,
paysbacktheinvestmentin~5years,andthenearnsfor60–80years.
QUARTERLY PRESENTATION | Q1 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 | Q1 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 | Q1 FY27
Two Moats That Compound: An Owned Catalogue
in Perpetuity, and A Large Owned Audience.
PROPRIETARY IP DIGITAL FANBASE
1,80,000+ 680 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+ 55+ 190 Mn+ 50 Mn+
Films Digital series Music Video
10K+ 14+ 440 Mn+ Artistes
Hours of TV Indian languages
& creators
QUARTERLY PRESENTATION | Q1 FY27
QUARTERLY PRESENTATION | Q1 FY27
OPERATIONAL
HIGHLIGHTS
QUARTERLY PRESENTATION | Q1 FY27
The Music Engine: Steady Revenue Growth
and Margins.
Music Revenue Music EBITDA & % Music Net Margin & %
2,429
2,306
2,195
1,869 1,860 1,802
1,693 1,660
1,578
1. All figures in INR Mn
2. Music Net Margin is Music EBITDA less content charge
1,653
1,398
1,366
1,271
1,110 1,123
1,005 68% 1,025 68%
62% 62%
847 59% 61%
62
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