Provides cloud-based broadcast and streaming technology to TV networks, content owners and OTT platforms worldwide, earning revenue from three segments. Streaming unification (₹838 crore in FY26, +26% YoY) runs the cloud playout and channel delivery infrastructure that powers linear and FAST channels. Monetization and marketplace (₹381 crore, +36%) sells ad-tech tools that help publishers monetize FAST inventory and trade advertising programmatically. Cloud modernization (₹286 crore, +32%) migrates broadcasters off on-premise systems onto Amagi's cloud stack. The platform handles 9,000-plus channel deliveries across 300-plus distributors in 40-plus countries, with 35 customers paying over $1 million and net revenue retention of 126%. It launched NEWSPULSE, its first agentic AI product, and publishes the quarterly AIRTIME report tracking FAST viewing hours and ad impressions across its delivery footprint. Costs are dominated by people (51.6% of FY26 revenue) and other operating expenses (45%), with negligible materials cost and limited capex (1.5% of revenue), reflecting a services-plus-software model. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Streaming unification, Monetization and marketplace, Cloud modernization. Asset-light, people-heavy cloud media technology and services business.
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 1,506 |
| EBITDA (ex other income) | 50 |
| margin % | 3.3 |
| Owners' profit | 72 |
| EPS, as reported (₹) | 3.44 |
| ROE % · ROCE % | 4.1 · 5.2 |
| Debt / equity (x) | 0.00 |
| Cash from operations | (9) |
| Capex | (23) |
| ₹ crore | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 404 | 397 | 437 |
| Profit before tax | 35 | 41 | 40 |
| Net profit | 31 | 34 | 34 |
| EPS (₹) | 1.52 | 1.54 | 1.49 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| L&T TECHNOLOGY SER. LTD. | 35,510 | 26.9 | 5.47 | 16.3 | 19.7 | 21.1 | 15.1 | 19.6 |
| TATA TECHNOLOGIES LIMITED | 31,087 | 55.8 | 7.92 | 33.8 | 13.9 | 14.3 | — | 18.3 |
| INVENTURUS KNOWLEDGE SO L | 29,665 | 38.0 | 10.59 | 27.0 | 25.8 | 27.7 | — | 33.6 |
| NETWEB TECH INDIA LTD | 28,723 | 109.9 | 39.71 | — | 28.5 | 37.5 | — | 15.7 |
| AFFLE 3I LIMITED | 22,105 | 46.2 | 6.05 | 30.4 | 12.5 | 15.2 | 39.3 | 25.8 |
| SAGILITY LIMITED | 21,150 | 21.3 | 2.19 | 12.0 | 9.6 | 11.6 | — | 22.3 |
| BLACK BOX LIMITED | 14,299 | 61.3 | 11.11 | 28.4 | 16.9 | 9.5 | 6.2 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 9 Sept 2026 · Amagi to showcase four AI-native media innovations at IBC 2026 | compliance | low | — | — |
| 2 Sept 2026 · Newspaper publication of 18th AGM Notice and Annual Report dispatch | compliance | minimal | — | — |
| 2 Sept 2026 · Physical letter sent to shareholders about 18th AGM notice | compliance | minimal | — | — |
| 1 Sept 2026 · Amagi Media Labs FY26 Annual Report: revenue up 29.5%, PAT turns positive | investor communications | high | — | — |
| 1 Sept 2026 · Amagi 18th AGM on Sep 23: MD reappointment, CEO pay, auditor and share capital changes | board shareholder meetings | low | — | — |
| 1 Sept 2026 · Amagi Media Labs liquidates wholly owned subsidiary Argoid Analytics | strategic transactions | medium | — | — |
| 1 Sept 2026 · Newspaper publication of public notice for 18th AGM on September 23, 2026 | compliance | minimal | — | — |
| 25 Aug 2026 · Court TV migrates to Amagi CLOUDPORT platform | business updates | medium | — | — |
| 24 Aug 2026 · Amagi Media Labs schedules analyst and investor meetings on August 27 | board shareholder meetings | low | — | — |
| 21 Aug 2026 · Accel funds trim stake in Amagi Media Labs via open market sale | ownership changes | high | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| 8.4 |
| E2E NETWORKS LIMITED | 12,632 | 287.1 | — | — | — | — | — | 82.5 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 127.5 | 18.9 | 73 of 78 | 7% |
| P/B | 7.1 | 2.2 | 64 of 70 | 9% |
| ROCE | 4.8 | 9.7 | 62 of 87 | 29% |
| ROE | 4.1 | 9.4 | 49 of 72 | 32% |
| Debt / Equity | 0.0 | 0.0 | 3 of 72 | 72% |
| EBITDA margin | 10.9 | 13.0 | 45 of 69 | 35% |
| Market cap | 12548 | 309 | 9 of 87 | 91% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
