Saregama India Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Saregama reported Q1 FY27 revenue from operations of Rs. 263.6 crores, up 27% year-on-year, with adjusted EBITDA of Rs. 112.4 crores, up 69%, and operational PBT of Rs. 70.5 crores, up 38%. The Music vertical grew 39% year-on-year to Rs. 230.6 crores while the Video vertical revenue declined 52% as the company continues winding down its films business in favor of investments through Bhansali Productions. Management discussed AI-based initiatives in content creation and process optimization, expansion of the Artiste Management and Live Events verticals, and reiterated medium-term guidance for the Music vertical.
Saregama reported Q4 FY26 revenue of Rs 287 crore, up 19% YoY, with adjusted EBITDA of Rs 133 crore, up 31% YoY, and operational PBT of Rs 105 crore, up 37% YoY. Management attributed the growth acceleration to the phasing out of the Airtel Wynk revenue base effect and the success of the Dhurandhar album, while the full-year music vertical (licensing, artist management and retail combined) grew 17% YoY to Rs 814 crore. The company also discussed its strategic investment in Bhansali Productions, the launch of its UN40 music festival, and continued content spending plans for FY27.