Saregama India Limited · NSE:SAREGAMA
Saregama India — Q1 FY27 Earnings Presentation
22 slides from Saregama India's earnings presentation
Slide 1: Saregama India Limited Quarterly Presentation Q1 FY27
QUARTERLY PRESENTATION | Q1 FY27 SAREGAMA INDIA LIMITED QUARTERLY PRESENTATION Q1 FY27
Slide 2: Own the IP in Perpetuity, Then Compound It
QUARTERLY PRESENTATION | Q1 FY27 OWN THE IP IN PERPETUITY. 1,80,000+ 680MN+ Songs Owned Owned THEN COMPOUND Master & underlying works, in perpetuity, global Audience IT ACROSS EVERY Subscribers & followers across the portfolio FORMAT THAT INDIA’S DIGITAL BOOM OPENS UP. ₹4,047 MN 26% Adjusted EBITDA
Slide 3: FY26: All Time High Adjusted EBITDA, Headline Revenue Up Excluding One-off Live-events Base
QUARTERLY PRESENTATION | Q1 FY27 FY26 : All Time High Adjusted EBITDA, Headline Revenue Up Excluding One-off Live-events Base KEY FINANCIAL METRICS Revenue from Operations Adjusted EBITDA Music Content Charge Operational PBT (INR Mn) (INR Mn) (INR Mn) (INR Mn) 2,926 Live Events business is lumpy 4,0
Slide 4: Diversified Across Segments, Partners and Revenue Sources
QUARTERLY PRESENTATION | Q1 FY27 Diversified Across Segments, Partners and Revenue Sources - No Single Point of Dependence. 83% MUSIC 6% LIVE EVENTS 11% VIDEO Licensing | Artiste Mgt. | Retail Concerts | Festivals | Devotional | Film (Bhansali) | TV & digital series | (Carvaan, Vinyl) Stand-up Comed
Slide 5: Two Moats That Compound: An Owned Catalogue and Owned Audience
QUARTERLY PRESENTATION | Q1 FY27 Two Moats That Compound: An Owned Catalogue in Perpetuity, and A Large Owned Audience. PROPRIETARY IP DIGITAL FANBASE 1,80,000+ 680 Mn+ Film (Bhansali) | TV & digital series | Short-form Songs owned - master & underlying works, in perpetuity, Subscribers & followers
Slide 6: Operational Highlights
QUARTERLY PRESENTATION | Q1 FY27 QUARTERLY PRESENTATION | Q1 FY27 OPERATIONAL HIGHLIGHTS 6
Slide 7: The Music Engine: Steady Revenue Growth and Margins
QUARTERLY PRESENTATION | Q1 FY27 The Music Engine: Steady Revenue Growth and Margins. Music Revenue Music EBITDA & % Music Net Margin & % 1,653 1,324 2,429 2,306 2,195 1,398 1,366 1,271 996 1,869 1,860 927 1,802 1,693 1,110 1,123 884 1,660 1,578 1,005 68% 1,025 793 762 798 68% 55% 62% 62% 847 59% 61
Slide 8: One Music Catalogue, Monetised Across Multiple Revenue Streams
QUARTERLY PRESENTATION | Q1 FY27 One Music Catalogue, Monetised Across Multiple Revenue Streams Steady Subscriber Momentum YouTube Subscribers (Mn) 15+ 10+ 10+ 160 194 202 206 211 Theatrical Digital Brand Sync Deals Content Sync Deals Sync Deals Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Healthy Long-T
Slide 9: New Music Across Hindi and Regional Markets
QUARTERLY PRESENTATION | Q1 FY27 New Music Across Hindi and Regional Markets 750+ 10+ 250 Mn+ Total Songs Released Languages Streams & Views Hindi. Tamil. Bhojpuri. Punjabi. Haryanvi. Marathi. from music content released in Q1 FY27 200+ Film music. 550+ Non-film music. Devotional. Ghazal. Remix. Ins
Slide 10: Data-driven acquisition is landing hits across languages
QUARTERLY PRESENTATION | Q1 FY27 Data-driven acquisition is landing hits – at industry scale, across languages. Key Highlights for Q1 FY27 Weekly Top 200 Albums Spotify - India 20+ 05+ Songs featured Languages in charts Krishnavataram Part 1: The Heart (Hridayam) #2 #4 #5 25+ 05+ Ved Lavla Local Pul
Slide 11: Build, Grow and Monetise Talent Across The Whole Content Ecosystem
QUARTERLY PRESENTATION | Q1 FY27 Build, Grow and Monetise Talent Across The Whole Content Ecosystem. 33 309 440 430+ Mn+ Artistes added in Managed Digital footprint Brand Deals in Q1 FY27 Artistes of Saregama Q1 FY27 Artistes Marquee Artistes Awez Darbar Mermaid Scales RJ Karishma Visal Pandey Parad
Slide 12: Catering to Super-Fan Demand; Carvaan Re-Engineered for Profitability
QUARTERLY PRESENTATION | Q1 FY27 Catering to Super-Fan Demand; Carvaan Re-Engineered for Profitability. Vinyl being Built Up. Carvaan: Margin over Volume Vinyl Sales (Units in ‘000s) Carvaan Sales (Units '000s) • Shifted focus to e-commerce and modern trade • Premium product mix with profitability-l
Slide 13: A Multi-Format Model - Proven at Scale, Built to be Resilient
QUARTERLY PRESENTATION | Q1 FY27 A Multi-Format Model - Proven at Scale, Built to be Resilient. Devotional Manoj Muntashir. Jaya Kishori. Backstage Siblings. 22 Shows, 11 Cities, 32K+ Audience Stand-Up Comedy Experiential Viraj Ghelani. Manhar Seth. Carvaan Live, Carvaan Luxe- Own IP shows. Establis
Slide 14: Content Across Every Runtime: Films and TV
QUARTERLY PRESENTATION | Q1 FY27 Content Across Every Runtime: From 1-Minute Filtercopy to 120-Minute Films. Upcoming Releases A. Films Badhu Alright Che Vishwambhara (Telugu) • “Sevanthi” has crossed the 2,200+ Episode mark, Future Outlook running successfully as a slot leader in the 10:30 • Contin
Slide 15: Content Across Every Runtime: Short-Format
QUARTERLY PRESENTATION | Q1 FY27 Content Across Every Runtime: From 1-Minute Filtercopy to 120-Minute Films. 260 Mn+ 10+ 32 Mn+ 9 Mn+ Followers & Subscribers Views generated by content released in Q1 FY27 Brand Collaboration in Q1 FY27 Followers & Subscribers C. Digital Series D. Short-Format
Slide 16: Financial Highlights Consolidated
QUARTERLY PRESENTATION | Q1 FY27 QUARTERLY PRESENTATION | Q1 FY27 FINANCIAL HIGHLIGHTS CONSOLIDATED 16
Slide 17: Quarterly Financial Summary
QUARTERLY PRESENTATION | Q1 FY27 Quarterly Financial Summary Particulars (INR Mn) Q1 FY27 Q4 FY26 QoQ Q1 FY26 YoY Revenue from Operations •Music : Licensing + Artiste Management 2,131 2,267 (6%) 1,490 43% •Music : Retail 175 162 8% 170 3% •Video 170 322 (47%) 357 (52%) •Live Events 160 123 30% 51 21
Slide 18: Adjusted EBITDA to PAT
QUARTERLY PRESENTATION | Q1 FY27 Adjusted EBITDA to PAT Particulars (INR Mn) Q1 FY27 Q4 FY26 QoQ Q1 FY26 YoY FY26 Revenue from Operation (A) 2,636 2,874 (8%) 2,068 27% 9,846 Total Expenses (B) 1,512 1,547 (2%) 1,404 8% 5,799 Adjusted EBITDA (C=A-B) 1,124 1,327 (15%) 664 69% 4,047 Adjusted EBITDA Mar
Slide 19: Balance Sheet
QUARTERLY PRESENTATION | Q1 FY27 Balance Sheet Equity and Liabilities As at 30th As at 31st As at 30th As at 31st Assets (INR Mn) (INR Mn) Jun-26 Mar-26 Jun-26 Mar-26 Shareholder's fund Non-current assets (a) Equity share capital 193 193 (a) Property, plant and equipment 2,338 2,220 (b) Other equity
Slide 20: Cash Flow Statement
QUARTERLY PRESENTATION | Q1 FY27 Cash Flow Statement Particulars (INR Mn) Q1 FY27 FY26 Pre-Tax Profit 705 2,841 Change in other operating activities (Including non-cash Items) 276 520 Change in Working capital (162) (1,168) Taxes Paid (38) (640) Net cash (Used in) / Generated from Operating Activiti
Slide 21: Financial Charts (Consolidated)
QUARTERLY PRESENTATION | Q1 FY27 Financial Charts (Consolidated) Revenue from Revenue from Music Content Charge PAT (INR Mn) Operations* (INR Mn) (INR Mn) (INR Mn) 1,976 2,042 2,062 11,713 8,144 1,853 1,399 6,737 6,941 1,282 9,846 1,526 8,030 5,708 7,366 4,641 864 5,806 682 464 FY22 FY23 FY24 FY25 F
Slide 22: Disclaimer
QUARTERLY PRESENTATION | Q1 FY27 Disclaimer Saregama India Ltd. Disclaimer: In evaluating our business, we consider and use non-GAAP financial measures such as EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin, PAT Margin, Debt to Equity Ratio, Return on Equity, to review and assess our operating perf