Saregama reported a 13% QoQ increase in revenue from operations, reaching ₹2,604 million in Q3 FY26. Music licensing and artiste management saw a 23% QoQ growth. The company also strategically invested in Bhansali Productions for exclusive Hindi film music access. Saregama’s digital footprint touched 550 million followers and subscribers, signaling robust growth and engagement across social media platforms.
Financial Performance
Saregama announced its financial results for Q3 FY26, marking robust financial performance. Revenue from operations reached ₹2,604 million, a 13% increase compared to the previous quarter. Adjusted EBITDA stood at ₹1,210 million. Operational PBT increased by 27% to ₹765 million, while PAT grew by 17% to ₹512 million.
Segment Highlights
Music licensing and artiste management revenue increased by 23% QoQ and 29% YoY. Saregama’s strategic focus includes music, films, digital series, and live events. Key collaborations included partnerships with Hero, Open AI, Fogg, Carat Lane, and others. Digital footprint expanded to 550 million followers and subscribers.
Strategic Initiatives
Saregama invested in Bhansali Productions for exclusive access to marquee Hindi film music. Successful music tours by Diljit Dosanjh and Himesh Reshammiya boosted the events business. The company added 60 new artistes, increasing the total roster to over 270 artistes with a digital reach exceeding 300 million.
Growth Drivers and Outlook
Key growth drivers include increasing digital consumption, strategic content investments, and expansion in regional markets. The company collaborated with marquee brands for integrated campaigns. Saregama aims to strengthen its market position through disciplined investments and diversification.
Music Licensing and Content Creation
Saregama has adopted AI technology to transform video content creation and up to 80% faster execution, with enhanced efficiency and 70% cost savings. Significant new film album releases included titles such as Dhurandhar, Tu Meri Main Tera Main Tera Tu Meri, Hit:3 and Thug Life contributing to music licensing revenue.
Digital Initiatives
Across YouTube, Spotify, and other platforms, Saregama-owned music and content continued to gain traction. The YouTube Shorts methodology changes may affect views numbers going forward. However, there is consistent success in acquiring new listeners and growing digital presence.
Source: BSE
