Saregama India Limited has informed the Exchange about Q4FY26 Earning Conference Call-Transcript

Saregama reported Q4FY26 revenue of INR 287 crores (19% YoY), adjusted EBITDA of INR 133 crores (31% YoY), and operational PBT of INR 105 crores (37% YoY). The full-year music vertical (licensing + artist management + retail combined) posted INR 814 crores revenue with 22% EBITDA growth and 28% net margin growth. Management reaffirmed 20-23% revenue CAGR guidance for the music vertical with 60-65% annual EBITDA margin, and guided new content spend of INR 300-350 crores for FY27. The company completed strategic investment in Bhansali Productions securing Hindi film music for the next 24-30 months. Pocket Aces reached breakeven, and the first festival IP UN40 was launched. The company passed on Dhurandhar 2 citing pricing not meeting its 5-year payback rule. Management flagged that its CFO position was vacant and asked detailed financial questions to be taken offline.