Saregama reported a 13% QoQ revenue growth in Q3 FY26, reaching ₹2,604 Mn. Music Licensing and Artiste Management increased by 23% QoQ and 29% YoY. The company also announced a strategic investment in Bhansali Productions for exclusive access to Hindi film music, aiming to build IP for the future. Adjusted EBITDA stood at ₹1,210 Mn.
Financial Performance
Saregama announced its financial results for the quarter and nine months ended December 31, 2025, showcasing robust financial performance. Revenue from Operations reached ₹2,604 Mn in Q3 FY26, a 13% QoQ growth. Adjusted EBITDA was reported at ₹1,210 Mn. Operational PBT (excluding exceptional items) grew by 27% to ₹765 Mn. PAT for Q3 FY26 stood at ₹512 Mn, a 17% increase.
Segment Highlights
The Music Licensing and Artiste Management segment showed significant growth, increasing by 23% QoQ and 29% YoY. This performance was driven by strong monetization and successful collaborations. Live events revenue grew massively, with music tours led by prominent artists scaling up the business.
Strategic Investment in Bhansali Productions
Saregama made a strategic investment in Bhansali Productions, providing exclusive access to marquee Hindi film music. This arrangement ensures a predictable cost structure based on a predefined formula, while Sanjay Leela Bhansali retains full creative control and Saregama provides financial oversight. This partnership aims to build a strong IP pipeline for the future.
Key Operational Highlights
The company released several music albums, including blockbuster Hindi Film Album “Dhurandhar”. Saregama released over 1,100 film and non-film tracks across multiple languages. Marquee brands like Hero, Open AI, Fogg, and Carat Lane collaborated with Saregama for high-impact campaigns.
Digital Growth
Saregama’s digital footprint reached 550 Mn followers and subscribers across key social media platforms, including YouTube, Instagram, and Facebook. The company also added 60 artistes, expanding its roster to 270+ artistes.
Source: BSE
