SAREGAMANSESaregama India Limited· Media & EntertainmentMinimalNeutral
Announced Thu, 14 May · 13:16 IST

Saregama India Limited has informed the Exchange regarding 'Updated Insider Trading Prohibition Code, pursuant to the applicable provisions of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015'.

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SAREGAMA · price

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Price reaction · full curve 14 horizons · vs prior close
+19.3%1-day move
₹337.20
prior close
₹369.40
base price
In-mkt
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AI summary

Saregama India reported standalone FY26 revenue of Rs 820.64 crore, down 18.7% from Rs 1,000.91 crore in FY25, largely due to a sharp decline in the Events segment (from Rs 232.69 crore to Rs 51.09 crore). However, standalone net profit rose 5.8% to Rs 215.05 crore (vs Rs 203.30 crore) with PBT up 7.4% to Rs 291.91 crore, driven by strong Music segment growth. Consolidated revenue was Rs 984.62 crore (down 15.9% YoY) with net profit of Rs 206.22 crore, nearly flat YoY. The Music segment remained the star performer with standalone revenue of Rs 679.96 crore and segment result of Rs 366.88 crore. Q4 standalone net profit grew 33.9% YoY to Rs 74.33 crore. The board approved an updated Insider Trading Prohibition Code and authorized MD Vikram Mehra and CS Nayan Kumar Misra as KMPs for materiality determination. The company completed acquisition of Bhansali Productions Private Limited (January 2026) and its subsidiary Pocket Aces acquired Finnet Media Private Limited (November 2025). Statutory auditors issued an unmodified opinion.

Likely market impact

Revenue decline due to Events segment contraction is a concern, but strong Music segment and improved profitability indicate business mix shift towards higher-margin music operations. The company maintained EPS growth with clean audit results, providing some comfort to shareholders despite lower topline.