Saregama India Ltd (BOM:532163)
₹ 531.35 +15.2 (+2.94%) Market Cap: 102.00 Bil Enterprise Value: 99.43 Bil PE Ratio: 46.20 PB Ratio: 6.02 GF Score: 96/100

Q4 2026 Saregama India Ltd Earnings Call Transcript

May 14, 2026 / 09:30 AM GMT
Release Date Price: ₹385.3 (+15.01%)

Key Points

Positve
  • Saregama India Ltd (BOM:532163) reported a 19% year-on-year growth in revenue from operations, reaching Rs 287 crore.
  • The company achieved its highest ever adjusted EBITDA at Rs 133 crore, marking a 31% year-on-year growth.
  • Operational PBT grew by 37% year-on-year to Rs 105 crore, indicating strong profitability.
  • The music vertical, including licensing, artist management, and retail, recorded a 17% year-on-year revenue growth.
  • Saregama's strategic investment in Bhansali Productions provides exclusive access to marquee Hindi film music at predictable costs.
Negative
  • The video vertical saw a significant decline of 43% to Rs 108 crore, attributed to the winding down of in-house film production.
  • The company faced challenges in the Punjabi music segment, which is described as an expensive and competitive market.
  • There was a sharp decrease in advertisement and sales promotion expenses, partly due to fewer new film releases.
  • The live events vertical experienced lower revenue compared to FY25, impacted by the absence of one-off events like the Diljit Dosanjh tour.
  • Saregama's free audio streaming revenue remained flat, highlighting challenges in monetizing free music platforms.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

SARE.NS - Saregama India Ltd
Q4 2026 Saregama India Ltd Earnings Call
May 14, 2026 / 09:30AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and Gentlemen, good day and welcome to the Sare Gama India Limited Q4 FY26 Earnings Conference Call hosted by MK Global Financial Services Limited.

As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes.

Should you need assistance during this conference, please signal an operator by pressing then 0 on your touch-tone phone. Please note that this conference is being recorded.

I now hand the conference over to Mr. Pranav Khatriya from MK Global Financial Services Limited.

Thank you and over to you, sir.

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