SAREGAMANSESaregama India Limited· Media & EntertainmentLowNeutral
Announced Thu, 14 May · 13:09 IST

Saregama India Limited has informed the Exchange regarding a press release dated May 14, 2026, titled "Press Release Q4 FY 26".

SAREGAMA · price

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+19.3%1-day move
₹337.20
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₹366.40
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AI summary

Saregama India reported its highest ever quarterly EBITDA of Rs. 1,327 Mn in Q4 FY26, up 31% YoY, with quarterly revenue growing 19% to Rs. 2,874 Mn. For the full year FY26, consolidated revenue declined 16% to Rs. 9,846 Mn primarily due to Live Events segment dropping 78% to Rs. 618 Mn (FY25 included revenue from the high-profile Diljit Dosanjh India tour). However, the Music segment demonstrated exceptional strength with annual revenue of Rs. 8,144 Mn (+17%), EBITDA of Rs. 5,167 Mn (+22%), and Net Margin of Rs. 3,768 Mn (+28%). PAT for FY26 stood at Rs. 2,062 Mn (+1% YoY). The company invested Rs. 3.4 billion in new music content (Rs. 2,354 Mn organic + Rs. 1,047 Mn catalogue purchases) and holds a strategic stake in Bhansali Productions for Hindi film music IP. The artiste roster expanded to 300+ with 410 Mn+ digital reach, and social media footprint reached 650 Mn+ followers.

Likely market impact

Saregama's strong Q4 demonstrates operational leverage with 31% EBITDA growth outpacing revenue growth. While full-year revenue declined due to one-time Live Events comparison, the Music segment's 17-28% growth across all profitability metrics signals durable earnings power. The company's strategic shift towards high-margin IP monetization and content investments positions it well for continued margin expansion.