Saregama India Limited
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Key numbers — 40 extracted
rs,
Rs. 1,327
31%
19%
Rs. 2,874
Rs. 1,050
37%
Rs. 8,144
17%
Rs. 5,167
22%
Rs. 3,768
Guidance — 4 items
Source
opening
“Goldman Sachs 2025 Report INDIA’S SUBSCRIPTION STORY : UNTAPPED POTENTIAL AHEAD QUARTERLY PRESENTATION | Q4 FY26 Out of the FREE music streaming customers, 64% Were willing to pay if their free music streaming service became fully paid”
Source
opening
“Music : Licensing + Artiste Management + Retail Video Events Music FY23 numbers are re-stated post impact of demerger FY21 FY22 FY23 FY26 B.”
Source
opening
“Video : Films, Digital Series, TV Series, and Short-Format FY24 FY25 2,852 490 FY23 134 FY24 618 FY25 FY26 C.”
Story
opening
“B VIDEO : FILMS, TV, DIGITAL SERIES & SHORT-FORMAT QUARTERLY PRESENTATION | Q4 FY26 32 Mn+ Followers & Subscribers 8 Mn+ Followers & Subscribers s e i r e S l a t i g i D .”
Risks & concerns — 1 flagged
Music : Licensing + Artiste Management + Retail Video Events Music FY23 numbers are re-stated post impact of demerger FY21 FY22 FY23 FY26 B.
— Source
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Opening remarks
Key Quarterly Operational Highlights
• Music releases this quarter includes release of Telugu film Song “Aaya Sher” from the upcoming movie “The Paradise” starring Nani, super hit Tamil film album “Parasakthi” starring Sivakarthikeyan, Tamil Film Song “Aura 10/10” from the upcoming movie “Meesaya Murukku 2”, Hindi film album “Do Deewane Seher Mein” starring Mrunal Thakur. Non-film albums releases include “Chura Liya” by Sanam and Nitesh Rana’s “Lahanga Jhalkauwa” • The Company released 1,200+ films & non-films tracks spanning across Hindi, Bhojpuri, Punjabi, Tamil, Telugu, Malayalam, Kannada, Punjabi languages, etc. • The Live Events business scaled up with successful 2-day multi-genre festival Un-40, alongside space featuring Manoj Muntashir, Backstage Siblings, etc. Saregama successfully held events in the comedy vertical with shows featuring Viraj Ghelani, Danny Pandit, Manhar Seth, etc. the devotional traction growing in During the quarter, Saregama collaborated with marquee brands such as Open AI, Skoda, Lakme, Ajio, The C
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 series, television content, film production, short-format content, artiste and influencer management, live events, and retail products like Carvaan.
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: Janvi Seth | janvi.seth@mslgroup.com | Swapnali Morajkar | swapnali.morajkar@mslgroup.com | QUARTERLY PRESENTATION | Q4 FY26 SAREGAMA INDIA LIMITED | QUARTERLY PRESENTATION | Q4 FY26 SAREGAMA STRENGTHS QUARTERLY PRESENTATION | Q4 FY26 India’s only entertainment company with IP offerings across media channels (music, live events, 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 180K+ songs, 70+ films, 55+ digital series and 10K+ hours of television content Digital footprint : 650 Mn+ subscribers and followers across YouTube, Instagram and Facebook Inc
Source
Goldman Sachs 2025 Report INDIA’S SUBSCRIPTION STORY : UNTAPPED POTENTIAL AHEAD QUARTERLY PRESENTATION | Q4 FY26 Out of the FREE music streaming customers, 64% Were willing to pay if their free music streaming service became fully paid
Subject to
42% 38% 21% 40% 33% 31% The price being low All free options disappearing Being bundled with a popular subscription No ads at all Full control over payback High / lossless audio quality
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1. EY FICCI M&E Report 2026 INDIAN MEDIA & ENTERTAINMENT SECTOR IS EXPECTED TO GROW AT 6% PA Saregama Has A Play In Multiple Verticals Of The Sector QUARTERLY PRESENTATION | Q4 FY26 MUSIC VIDEO LIVE EVENTS ARTISTE MANAGEMENT Industry size (2025): INR 59,000 Mn Next 3-year CAGR growth: 8% DRIVERS • Easy access to smartphones • Paid subscriber expansion • Catalogue monetization • Growth in Digital Advertising • Platform-led distribution growth Film industry size (2025): INR 205,000 Mn Next 3-year CAGR growth : 7% DRIVERS • OTT monetization growth • Music rights value growth • Content quality investments • Optimized release windows Industry size (2025): INR 1,45,000 Mn Next 3-year CAGR growth : 11% Industry size (2024) : INR 22,000 Mn Next 2-year growth : 24% DRIVERS DRIVERS • Rising Disposable Income • Premium ticketed experiences • Improvement in Infrastructure • Expansion beyond metros • High inclination on advertisements by relatable individuals rather than traditional celebrities • B