Saregama India Q1 FY27 Results: Net Profit Jumps 42% YoY on Strong Music and Artist Management Growth
Saregama India Limited (NSE: SAREGAMA, BSE: 532163) announced its unaudited financial results for the quarter ended 30 June 2026 (Q1 FY27) at its Board Meeting held on 4 August 2026. The board meeting commenced at 11:00 AM and concluded at 12:15 PM.
Consolidated Results: Key Numbers
| Particulars (Rs. in Lakhs) | Q1 FY27 (Jun 2026) | Q1 FY26 (Jun 2025) | YoY Change | Q4 FY26 (Mar 2026) | QoQ Change |
|---|---|---|---|---|---|
| Revenue from Operations | 26,360 | 20,677 | +27.5% | 28,744 | -8.3% |
| Total Income | 26,781 | 22,100 | +21.2% | 29,658 | -9.7% |
| Profit Before Tax | 7,051 | 5,105 | +38.1% | 10,341 | -31.8% |
| Net Profit (Profit for the Period) | 5,188 | 3,651 | +42.1% | 7,414 | -30.0% |
| EPS (Basic, Rs.) | 2.69 | 1.90 | — | 3.86 | — |
Saregama’s consolidated revenue and profit both grew strongly on a year-on-year basis, though sequentially (versus the March 2026 quarter) both were lower — a pattern consistent with the company’s Q4 typically being a seasonally stronger quarter.
Segment-Wise Performance
Saregama’s consolidated business is split across four segments: Music, Artist Management, Video, and Events.
| Segment Revenue (Rs. Lakhs) | Q1 FY27 | Q1 FY26 | YoY Change |
|---|---|---|---|
| Music | 18,460 | 14,328 | +28.8% |
| Artist Management | 4,602 | 2,274 | +102.4% |
| Video | 1,696 | 3,565 | -52.4% |
| Events | 1,602 | 510 | +214.1% |
Music remains the core growth driver, contributing about 70% of consolidated revenue and posting segment results of Rs. 9,487 lakh, up 27.1% YoY.
Artist Management more than doubled its revenue year-on-year, reflecting continued expansion of Saregama’s talent management business.
Video was the weak spot, with revenue nearly halving YoY and the segment swinging to a loss of Rs. 434 lakh, versus a profit of Rs. 630 lakh in the year-ago quarter.
Events revenue more than tripled YoY, though the segment continued to post a (much narrower) loss.
Standalone Results
On a standalone basis, Saregama India Limited reported:
- Revenue from operations of Rs. 20,825 lakh, up 17.4% YoY (Rs. 17,735 lakh in Q1 FY26)
- Profit before tax of Rs. 7,033 lakh, up 30.3% YoY
- Net profit of Rs. 5,260 lakh, up 30.8% YoY
- Basic EPS of Rs. 2.74, versus Rs. 2.09 in Q1 FY26
Other Key Disclosures
- Land revaluation: The company revalued its land under the Ind-AS revaluation model, recognizing an incremental value of Rs. 1,263 lakh through Other Comprehensive Income during the quarter.
- Increased stake in Pocket Aces Pictures: After the quarter end, on 24 July 2026, Saregama raised its shareholding in subsidiary Pocket Aces Pictures Private Limited from 90.93% to 95.76%.
- New overseas subsidiary: The group incorporated a new wholly-owned subsidiary, Saregama Performing Arts & Music Festivals L.L.C S.O.C, in Dubai Mainland, UAE, opening its account on 17 July 2026. The entity is yet to commence operations.
- KMP authorization: The Board authorized Mr. Vikram Mehra (Managing Director), Mr. Abhishek Kapoor (CFO), and Mr. Nayan Kumar Misra (Company Secretary & Compliance Officer) to determine the materiality of disclosures under SEBI Listing Regulations.
The results were subjected to limited review by statutory auditors B S R & Co. LLP, who issued unmodified review reports on both the standalone and consolidated financials.
This article is based on Saregama India Limited’s regulatory filing to the stock exchanges and is intended for informational purposes only. It does not constitute investment advice. Readers are advised to consult a qualified financial advisor before making any investment decisions.