Saregama India Limited

rs,

umbai – 400 051 The General Manager, The Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Symbol: SAREGAMA Scrip Code: 532163 Subject: Update under Regu

Rs. 2,300

co.sec@saregama.com Revenue from Operations stood at Rs. 2,300 Mn in Q2 FY26, recording a growth of 11% QoQ basis while PBT recorded a QoQ growth of 18% rising to

11%

Revenue from Operations stood at Rs. 2,300 Mn in Q2 FY26, recording a growth of 11% QoQ basis while PBT recorded a QoQ growth of 18% rising to Rs. 601 Mn Building IP for Tomorrow

18%

at Rs. 2,300 Mn in Q2 FY26, recording a growth of 11% QoQ basis while PBT recorded a QoQ growth of 18% rising to Rs. 601 Mn Building IP for Tomorrow Mumbai, 5th Nov 2025: Saregama, a RPSG Group comp

Rs. 601

n in Q2 FY26, recording a growth of 11% QoQ basis while PBT recorded a QoQ growth of 18% rising to Rs. 601 Mn Building IP for Tomorrow Mumbai, 5th Nov 2025: Saregama, a RPSG Group company, announced its

Rs. 847

of robust financial performance with Revenue from Operations at Rs. 2,300 Mn and Adjusted EBITDA at Rs. 847 Mn. The company’s PBT for Q2 FY26 was Rs. 601 Mn, while PAT for Q2 FY26 stood at Rs. 438 Mn The B

Rs. 438

EBITDA at Rs. 847 Mn. The company’s PBT for Q2 FY26 was Rs. 601 Mn, while PAT for Q2 FY26 stood at Rs. 438 Mn The Board has declared an interim dividend of Rs.4.50 per share (450 % on the face value of Re

Rs.4.50

. 601 Mn, while PAT for Q2 FY26 stood at Rs. 438 Mn The Board has declared an interim dividend of Rs.4.50 per share (450 % on the face value of Re.1 each). Key Operational Highlights:  Music releases

450 %

for Q2 FY26 stood at Rs. 438 Mn The Board has declared an interim dividend of Rs.4.50 per share (450 % on the face value of Re.1 each). Key Operational Highlights:  Music releases this quarter inc

200 million

Bhadana, Pranita Shubhash, etc. and now manages 230+ artistes whose combined follower base exceeds 200 million.  Digital footprint across Saregama owned and controlled channels tou

23%

PRESENTATION | Q2 FY26 Revenue from Operations (INR Mn) Adjusted EBITDA (INR Mn) PBT (INR Mn) 23% CAGR 11,713 40% CAGR 3,566 3,029 2,712 8,030 7,366 5,447 5,215 5,806 4,420 3,566 2,1

40%

FY26 Revenue from Operations (INR Mn) Adjusted EBITDA (INR Mn) PBT (INR Mn) 23% CAGR 11,713 40% CAGR 3,566 3,029 2,712 8,030 7,366 5,447 5,215 5,806 4,420 3,566 2,185 2,230 1,451 7

“Avarna Jain, Vice Chairperson, Saregama India, said, “H1 FY26 remained steady, reflecting overall industry conditions, and the outlook for the second half remains strong with several key projects and partnerships lined up.”

“• • • State of Influencer Marketing India EY Report 2023 FICCI EY Report 2025 IFPI Report 2025 QUARTERLY PRESENTATION | Q2 FY26 COMPANY OVERVIEW 9 SEGMENTAL GROWTH QUARTERLY PRESENTATION | Q2 FY26 6,104 5,441 4,410 3,585 2,839 2,361 1,920 1,024 1,085 1,159 16% 702 521 FY20 FY21 FY22 FY23 FY24 FY25 * One time income of INR 84Mn in FY23, INR 97Mn in FY22, INR 155Mn in FY21 and INR 21Mn in FY20 are excluded A.”

“Music : Licensing + Artiste Management 2,062 52% FY25 Revenue INR 11,713 Mn 24% FY20 FY21 FY22 FY23 FY24 FY25 C.”

“Video : Films, Digital Series, TV Series, and Short-Format 1,298 1,296 1,056 861 837 8% FY20 FY21 FY22 FY23 FY24 FY25 B.”

“Retail FY23 numbers are re-stated post impact of demerger 2,852 FY25 490 FY23 134 FY24 D.”

“Live Events OUR LICENSING PARTNERS QUARTERLY PRESENTATION | Q2 FY26 Streaming Partners Music Broadcasting Partners Music + Films & Series Video Streaming Partners Music + Films & Series Social Media Platforms Music + Films & Series Brand Partnerships Music + Series v 11 AI FOR TODAY AND TOMORROW QUARTERLY PRESENTATION | Q2 FY26 Leveraging AI to transform content creation with enhanced efficiency, ~70% cost savings, and up to 80% faster execution.”

““Malli” is the slot leaders in its time slots • Saregama TV Shows- YouTube channel garnered 450 Mn+ views in Q2 FY26 Future Outlook • Unlocking the value of existing IP through language remakes, new platform licensing and syndication s m l i F .”

“B VIDEO : FILMS, TV, DIGITAL SERIES & SHORT-FORMAT QUARTERLY PRESENTATION | Q2 FY26 22M+ Followers & Subscribers 8M+ Followers & Subscribers 6M+ Followers & Subscribers 2M+ Followers & Subscribers s e i r e S l a t i g i D .”

“EBITDA Margin- Excluding Events 33% 679 35% 851 34% 794 42% 998 41% 862 34% 692 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Adj.”

Key Operational Highlights

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About Saregama India

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About RPSG Group

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Sources

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Source

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Saregama India Ltd. Disclaimer

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Key Operational Highlights

 Music releases this quarter includes release of successful Tamil album “Idli Kadai” starring superstar Dhanush, Bengali album “Dhumketu”, Malayalam film album Sahasam. Non-Film albums releases include Badshah’s chartbuster song “Kokaina” and Honey Singh’s “Mashooqa”.  The Company released 1,500+ films & non-films tracks spanning across Hindi, Bhojpuri, Gujarati, Punjabi, Tamil, Telugu, Malayalam, Marathi and Bengali languages, etc.  The live events vertical continues to pick up pace. Highlights this quarter included the ongoing shows of Diljit Dosanjh’s “Aura Tour” and 2nd round of musical show Disco Dancer in Dubai. These underscore our expanding footprint into premium live-music and experiential IP.  During the quarter, Saregama collaborated with marquee brands such as Hero, Flipkart, Myntra, Titan, L’Oréal, NPCI, and Britannia for high-impact, integrated campaigns, leveraging its IPs to drive strong brand engagement. The other highlight of the quarter was the use of our songs for

About Saregama India

Saregama India Ltd., part of the RPSG Group, is India’s leading Entertainment IP company with a legacy dating back to 1902. Its diverse portfolio includes film and non-film music, digital media, television content, artiste and influencer management, and film production.

About RPSG Group

RP-Sanjiv Goenka Group is one of India’s fastest growing conglomerates with a significant global presence. The Group’s businesses include power and energy, carbon black manufacturing, retail, IT enables services, FMCG, media and entertainment and agriculture. For further information, please contact: Shweta Singh| shweta.singh@mslgroup.com | +91 9167485016 Swapnali Morajkar | swapnali.morajkar@mslgroup.com | +91 9892592319 QUARTERLY PRESENTATION | Q2 FY26 SAREGAMA INDIA LIMITED | QUARTERLY PRESENTATION | Q2 FY26 SAREGAMA STRENGTHS QUARTERLY PRESENTATION | Q2 FY26 India’s only entertainment company with IP offerings across media channels (music, films, digital series, TV serials, and short-format), delivery platforms (digital and physical) and business models (licensing, advertising and retail) Large intellectual property portfolio of 175K+ songs, 70+ films, 55+ digital series and 10K+ hours of television content Digital footprint : 400 Mn+ subscribers and followers across YouTube, Instag

Sources

1. India Music Survey, September 2025. Bloomberg Intelligence Report 2. Music in Air, Goldman Sachs INDIAN MEDIA & ENTERTAINMENT SECTOR IS EXPECTED TO GROW AT 7% PA ON THE BACK OF DIGITISATION; SAREGAMA HAS A PLAY IN MULTIPLE VERTICALS OF THE SECTOR QUARTERLY PRESENTATION | Q2 FY26 MUSIC VIDEO LIVE EVENTS ARTISTE MANAGEMENT Industry size (2024): INR 32,000 Mn Next 3-year growth: ~14% Film industry size (2024): INR 187,000 Mn Next 3-year growth : 4.4% DRIVERS DRIVERS • Easy Access: 750 Mn smart phones • Cheap Data • Fall in Piracy • Streaming turning Pay • Growth in Digital Advertising • Short-format apps inviting Advertising • 750 Mn smart phones • 30 Mn connected TVs expected to grow to 48 Mn by 2027 • 476 Mn+ YouTube users Industry size (2024): INR 1,00,000 Mn Next 3-year growth : 18% DRIVERS • Rising Disposable Income • • Lack of Entertainment options Improvement in Infrastructure Industry size (2024) : INR 22,000 Mn Next 2-year growth : 24% DRIVERS • High inclination on advertiseme

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• • • State of Influencer Marketing India EY Report 2023 FICCI EY Report 2025 IFPI Report 2025 QUARTERLY PRESENTATION | Q2 FY26 COMPANY OVERVIEW 9 SEGMENTAL GROWTH QUARTERLY PRESENTATION | Q2 FY26 6,104 5,441 4,410 3,585 2,839 2,361 1,920 1,024 1,085 1,159 16% 702 521 FY20 FY21 FY22 FY23 FY24 FY25 * One time income of INR 84Mn in FY23, INR 97Mn in FY22, INR 155Mn in FY21 and INR 21Mn in FY20 are excluded A. Music : Licensing + Artiste Management 2,062 52% FY25 Revenue INR 11,713 Mn 24% FY20 FY21 FY22 FY23 FY24 FY25 C. Video : Films, Digital Series, TV Series, and Short-Format 1,298 1,296 1,056 861 837 8% FY20 FY21 FY22 FY23 FY24 FY25 B. Retail FY23 numbers are re-stated post impact of demerger 2,852 FY25 490 FY23 134 FY24 D. Live Events OUR LICENSING PARTNERS QUARTERLY PRESENTATION | Q2 FY26 Streaming Partners Music Broadcasting Partners Music + Films & Series Video Streaming Partners Music + Films & Series Social Media Platforms Music + Films & Series Brand Partnerships Music + Series

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 performance. These non-GAAP financial measures are not defined under Ind AS and are not presented in accordance with Ind AS. They may not be comparable to similarly titled measures reported by other companies due to potential inconsistencies in the method of calculation. We have included these non-GAAP financial measures because we believe they are indicative measures of our operating performance and are used by investors and analysts to evaluate companies in the same industry. These non-GAAP financial measures should be considered in addition to, and not as a substitute for, other measures of financial performance and liquidity reported in accordance with Ind AS. These measures should not be considered in isolation or construed as an alternative to Ind AS measures of p