Saregama delivered strong Q1 FY27 financial results. Revenue from Operations climbed 27% YoY to ₹263.6 Cr. Adjusted EBITDA saw a significant 69% YoY increase, reaching ₹112.4 Cr, and PBT grew 38% YoY to ₹70.5 Cr. The Music segment was a key driver, with revenue up 39% YoY to ₹230.6 Cr. Live Events also performed exceptionally, soaring 214% YoY to ₹16 Cr, while Video revenue declined due to a strategic pivot away from own film production.
Saregama focuses on leveraging its extensive library of 180,000+ songs and its "Entertainment Flywheel" ecosystem, which integrates music, video, live events, and artiste management. This strategy maximizes IP value and audience engagement, with a digital footprint exceeding 680 million. The company released over 750 new tracks, generating 250 Mn+ streams/views, and expanded its artiste roster by 33, now managing 309 artistes. Strategic brand collaborations further enhanced its reach.
Diluted EPS for the quarter was ₹2.69. PAT stood at ₹51.9 Cr, marking a 42% YoY increase. Management highlights the "Entertainment Flywheel" as crucial for sustainable long-term growth and maximizing intellectual property value. #Saregama #Q1FY27 #Earnings #MusicBiz