- The event was a Q2 and H1 FY27 Earnings Conference Call held on November 04, 2026.
- The stated purpose of the call was to provide a business update and discuss the Q2 FY27 financial results announced the previous day.
- The meeting was held after the earnings announcement.
- Management participants included:
- Mr. Yatish Mehrishi – Chief Executive Officer
- Mr. Sanjay Ballabh – Chief Financial Officer
- The call was moderated by Ms. Sneha Salian from EY Investor Relations.
- The transcript and audio recording of the call were made available on the company's website at:
- https://www.enil.co.in/stock-exchange-filings-fy2027.php
- https://www.enil.co.in/financials-investorp-fy2027.php
- The moderator explicitly stated that the audio is copyright material and cannot be rebroadcasted without written consent.
Financial Highlights & Guidance (As Disclosed):
- The financial period discussed was Q2 FY27 (Quarter ended September 2026).
- Consolidated Revenue: Stood at INR 117 crores, which included INR 3 crores from international operations.
- Domestic Revenue: Was INR 114 crores, down 16.1% year-on-year.
- EBITDA: Reported at INR 11.3 crores, an improvement of 9.5% over the corresponding quarter last year.
- Cash Balance: The company maintained a strong consolidated cash balance of INR 371.5 crores as of September 30, 2026.
- Business Diversification: Radio contributed approximately 53% of domestic revenue, digital contributed 29%, with events and other businesses accounting for the balance.
- Radio Business: FCT (Free Commercial Time) revenue was down 12.6% YoY. Inventory utilization was about 70%.
- Event Business: Revenue stood at INR 20 crores, impacted by a shift in the festive calendar. EBITDA margins improved to 30.8%.
- Digital Business: Contribution to domestic revenue increased to 29% from 23% YoY. EBITDA loss reduced by 23.3% to INR 7.5 crores from INR 9.8 crores YoY. A partnership with Noise was highlighted as a strategic move.
- Outlook: Management noted a subdued advertising environment but mentioned seeing "green shoots" in Q3. They did not provide formal guidance but remain optimistic about the long-term India growth story. The ambition for Gaana to reach EBITDA breakeven was reiterated, though a delay of 1-2 quarters was acknowledged due to headwinds in customer acquisition costs.
Additional Notes Section
- The document is the enclosed transcript of the earnings call, as referenced in the compliance letter.
- The document itself is a textual transcript and does not contain attachments like presentation decks; it references that the investor presentation and financial results were available on the company website and stock exchanges.
- Financial data was disclosed within the transcript of the management's remarks and the Q&A session.