SAREGAMANSESaregama India Limited· Media & EntertainmentMediumNeutral
Announced Wed, 5 Nov · 12:32 IST

Saregama India Limited has informed the Exchange about Investor Presentation

Mgmt Guided Margin ImprovementAnalyst Day Multiyear TargetsInvestor Communications View source PDF

SAREGAMA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Saregama India reported Q2 FY26 consolidated revenue from operations of Rs. 2,300 Mn, up 11% quarter-on-quarter but down 5% year-on-year. Adjusted EBITDA rose 27% QoQ to Rs. 847 Mn, with margin expanding to 37% from 32% in Q1 FY26. Profit after tax grew 20% QoQ to Rs. 438 Mn, and the Board declared an interim dividend of Rs. 4.50 per share (450% on face value). The Music Licensing & Artiste Management segment was the key growth driver at Rs. 1,653 Mn (+12% YoY), while Video revenue fell sharply (-70% YoY) and Events recovered to Rs. 222 Mn. Vice Chairperson Avarna Jain guided that H1 FY26 was steady and the H2 FY26 outlook remains strong, supported by an aggressive content investment plan of ~Rs. 10,000 Mn by FY27E.

Likely market impact

Sharp QoQ margin expansion, strong PAT growth and a generous interim dividend are positive for shareholders. The modest YoY revenue dip and weak Video segment performance are mild concerns, but management's confident H2 outlook and debt-free balance sheet (Debt/Equity: NIL) should support investor sentiment.