Amagi Media Labs Limited · NSE:AMAGI
Amagi Media Labs — Q4 FY26 Earnings Presentation
19 slides from Amagi Media Labs's earnings presentation, May 20, 2026
Slide 1: Investor Presentation filing letter to BSE and NSE
amag1 May 20, 2026 Re: AMAGI/SE/2026-27/22 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Fort, Bandra Kurla Complex, Bandra (E), Mumbai – 400001, Maharashtra Mumbai – 400051, Maharashtra Scrip Code – 544679 Symbol – AMAGI
Slide 2: Q4 & FY26 Earnings Presentation
Q4 & FY26 Earnings Presentation Quarter and Year ended 31 March 2026 Amagi Media Labs Limited Earnings Call: 21 May 2026, 8:00 AM IST ir@amagi.com
Slide 3: Executive summary
Executive summary 01 Growth sustained, margins expanded, first PAT-positive year. Revenue ₹1,506 Cr (+30% Y/Y); Adj. EBITDA ₹156 Cr (+563% Y/Y); PAT ₹72 Cr vs FY25 loss of ₹69 Cr. 02 Revenue quality strengthening. NRR 126% — third year above 120%; $1M+ customers up 25% Y/Y to 35. 03 Enterprise adopt
Slide 4: Strong financial performance
Strong financial performance Growth sustained, margins expanded, PAT turned positive, cash strengthened REVENUE ADJ. EBITDA PAT CASH Q4 FY26 Q4 FY26 Q4 FY26 FY26 ADJ. OCF ₹397 Cr ₹39.6 Cr ₹34.3 Cr ₹60 Cr ▲ +29% Y/Y ▲ +161% Y/Y + ₹45 Cr Y/Y ▲ +80% Y/Y CC growth 21% 10% margin 8% Margin Annual basis F
Slide 5: Amagi simplifies the complexity of media operations
amag1 simplifies the complexity of media operations For Content Providers For Distributors Production Preparation Distribution Monetization Viewership Content / w Edit □ OTT Platforms Language @) . Cloud Tracks LIVE 1l1[ul[1l1• 0 Mo dernization rai Subtitles Ingest & f?? Streaming Sort c::])) Audio
Slide 6: Three segments simplifying media operations
Three segments simplifying media operations Cloud Modernization Streaming Unification Monetization & Marketplace Help television networks transition from legacy Serve content providers to navigate the Enable content providers to enhance revenue through hardware infrastructure to scalable, cloud-base
Slide 7: Leading indicators all strengthening
Leading indicators all strengthening MORE CONTENT More Content 876K Hours FY26 cumulative ▲ +51% Y/Y MORE REACH 9,425 Channel Deliveries More More Creation Reach ▲ +33% Y/Y FY26 cumulative MORE VIEWERS 407 Distributors FY26 cumulative ▲ +24% Y/Y More Ad More Revenues Viewers MORE AD REVENUE Advertis
Slide 8: Three structural tailwinds, with AI as multiplier
Three structural tailwinds, with AI as multiplier Cloud modernization, streaming share, and CTV monetization compounding the runway CLOUD MODERNIZATION STREAMING CTV MONETIZATION $1.9 Bn 48% $42.5 Bn SAM of US TV viewing time Global CTV ad spend ▲ 11% Y/Y ▲ +4.2 pp Y/Y ▲ Growing >10% annually Broadc
Slide 9: Select wins, events & recognition from the quarter
Select wins, events & recognition from the quarter PRODUCT & LIVE EVENTS INDUSTRY CUSTOMER MOMENTUM DELIVERED RECOGNITION Newspulse First Agentic Product Launch FIFA AccuWeather . End-to-end cloud migration 0 amag1 x A AMS 0 GTM Expansion in LATAM THE GRAMMYS amagi 8
Slide 10: Amagi's defensible position in the AI era
Amagi's defensible position in the AI era PHASED APPROACH TO AMAGI POWERED DEFENSIBLE MARKET MEDIA TRANSFORMATION FULL AI STACK POSITION PHASE 01 Applications Deep domain expertise Unify Complex & mission-critical workflows Connect the fragmented media value chain into a single cloud workflow. ZERO
Slide 11: AI across the media value chain
AI across the media value chain AGENTIC MEDIA OPERATIONS (_ _) → (_ Production _) → (_ Preparation _) → (_ Distribution _) → (_ Monetization _) Viewership REDUCE COST INCREASE REVENUE Free up teams from manual ops with AI-driven automation Reach Gen Z / Alpha with short-form & vertical formats CC /
Slide 12: Growth, Profitability & Cash Flow Momentum
Growth, Profitability & Cash Flow Momentum Revenue (₹ Cr) Adj. EBITDA (₹ Cr) PAT (₹ Cr) Adj. OCF (₹ Cr) +563 % p +₹140 Cr 0 +₹26 Cr +30% I I I I I I 156 102 72 I I I I I I 60 1506 0 I 40 0 34 34 1163 34 23 15 879 (156) (245) (69) (11) (183) 309 397 FY24 FY25 FY26 Q4 FY25 Q4 FY26 FY24 FY25 FY26 Q4 FY
Slide 13: Revenue Quality Strengthening
Revenue Quality Strengthening NRR >120% for 3 years Broad-Based Segment Growth $1M+ Customer Expansion +30% +7 1506 127% 126% 1163 286 35 122% 879 217 381 28 213 281 22 203 838 664 463 FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 ■ Cloud Modernization ■ Monetization & Marketplace ■ Streaming Unifica
Slide 14: Operating Leverage Driving Profitability
Operating Leverage Driving Profitability Adj. EBITDA Margin (%) Costs (% of Revenue) PAT Margin (%) 118% 98% 31% 90% 31% +8 pp 31% 44% 30% +10 pp 24% 10% 10% 33% 26% 23% 5% 8% 5% 2% 10% 12% 12% (26%) (6%) (3%) (18%) ESOP 12% 10% 7% FY24 FY25 FY26 Q4 FY25 Q4 FY26 FY24 FY25 FY26 FY24 FY25 FY26 Q4 FY25
Slide 15: Profitability Translating into Operating Cash Flow
Profitability Translating into Operating Cash Flow Adj. EBITDA (₹ Cr) Adj. OCF (₹ Cr) Adj. FCF (₹ Cr) +563 % p / / +80 % __ o +29 % 156 o -- -- -- -- / / / 0 60 38 34 29 23 (183) (191) (156) FY24 FY24 FY25 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 Adj. EBITDA excludes ESOP / SAR / fair-value charges,
Slide 16: Heading into FY27
Heading into FY27 FY27 FOCUS Q1 HISTORICAL PATTERN 01 Durable revenue growth ~22% Q1 share of FY revenue 02 Operating leverage ~11% 03 Cash conversion Q1 share of FY adj. EBITDA FY25–FY26 average Forward-looking statements subject to safe harbor; see appendix. Historical patterns based on FY25–FY26
Slide 17: Appendix
Appendix amagI
Slide 18: Annexure A: Definitions of Key Terms (Financial)
Annexure A: Definitions of Key Terms (Financial) Revenue from Operations PAT / PAT Margin (%) Revenue recognised from the sale of products and services in accordance PAT refers to profit/loss for the relevant year after tax. PAT Margin (%) is with Ind AS 115. calculated as profit/loss for the releva
Slide 19: Annexure A: Definitions of Key Terms (Operational)
Annexure A: Definitions of Key Terms (Operational) Net Revenue Retention (NRR) Rate Total Monetized Ad Impressions NRR Rate (%) is computed as Revenue from operations for the current Fiscal Total ad impressions (in billions) monetized by our Company during a from all customers existing at the end of