Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and half year ended 30th September, 2026 (Q2 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting comprising approval of unaudited financial results and subsidiary restructuring decisions
Audit Opinion:
Unmodified review report (clean opinion) issued by statutory auditors BSR & Co. LLP on both standalone and consolidated financial results.
Key Financial Highlights [₹ in Lakhs]:
Consolidated Results:
Quarter Ended 30 September 2026 (Q2 FY27):
- Revenue from Operations: ₹31,430 (Up 37% YoY from ₹23,003 in Q2 FY26)
- Total Income: ₹31,947
- Net Profit: ₹6,417 (Up 46% YoY from ₹4,383 in Q2 FY26)
- EPS: ₹3.37 (Basic) and ₹3.36 (Diluted)
- Other Equity: Not specified for interim period
- Cash and Cash Equivalents: ₹4,359
- Debt: Current Borrowings ₹875; Non-current Borrowings ₹0
Half Year Ended 30 September 2026 (H1 FY27):
- Revenue from Operations: ₹57,790 (Up 32% YoY from ₹43,680 in H1 FY26)
- Total Income: ₹58,728
- Net Profit: ₹11,605 (Up 44% YoY from ₹8,034 in H1 FY26)
- EPS: ₹6.05 (Basic and Diluted)
Year Ended 31 March 2026 (FY26):
- Revenue from Operations: ₹98,462
- Total Income: ₹1,02,689
- Net Profit: ₹20,622
- EPS: ₹10.73 (Basic and Diluted)
- Other Equity: ₹1,67,340
Standalone Results:
Quarter Ended 30 September 2026 (Q2 FY27):
- Revenue from Operations: ₹25,769 (Up 32% YoY from ₹19,472 in Q2 FY26)
- Total Income: ₹26,172
- Net Profit: ₹6,231 (Up 31% YoY from ₹4,765 in Q2 FY26)
- EPS: ₹3.25 (Basic) and ₹3.24 (Diluted)
- Other Equity: Not specified for interim period
- Cash and Cash Equivalents: ₹1,343
- Debt: Current Borrowings ₹3,032; Non-current Borrowings ₹0
Half Year Ended 30 September 2026 (H1 FY27):
- Revenue from Operations: ₹46,594 (Up 25% YoY from ₹37,207 in H1 FY26)
- Total Income: ₹47,351
- Net Profit: ₹11,491 (Up 31% YoY from ₹8,787 in H1 FY26)
- EPS: ₹5.99 (Basic) and ₹5.98 (Diluted)
Year Ended 31 March 2026 (FY26):
- Revenue from Operations: ₹82,064
- Total Income: ₹85,874
- Net Profit: ₹21,505
- EPS: ₹11.19 (Basic and Diluted)
- Other Equity: ₹1,67,252
Segment-wise Performance [₹ in Lakhs]:
Consolidated Segment Revenue (Q2 FY27):
- Music: ₹20,070 (64% of total)
- Artist Management: ₹5,055 (16% of total)
- Video: ₹1,833 (6% of total)
- Events: ₹4,472 (14% of total)
- Total: ₹31,430
Consolidated Segment Results (Q2 FY27):
- Music: ₹11,121
- Artist Management: ₹530
- Video: (₹320) loss
- Events: (₹284) loss
- Total: ₹11,047
Standalone Segment Revenue (Q2 FY27):
- Music: ₹20,069 (78% of total)
- Video: ₹1,253 (5% of total)
- Events: ₹4,447 (17% of total)
- Total: ₹25,769
Standalone Segment Results (Q2 FY27):
- Music: ₹11,250
- Video: (₹155) loss
- Events: (₹282) loss
- Total: ₹10,813
Corporate Actions:
No dividend declarations, share splits, bonus issues, buybacks, or capital raising activities announced in this board meeting.
Other Significant Information:
- Saregama FZE closure: Turnover was ₹647.87 lakhs (0.66% of consolidated revenue) and net worth was ₹85.36 lakhs (0.05% of consolidated net worth) for FY26. Closure expected by 31st March, 2027.
- KMNL liquidation: Turnover was ₹294.33 lakhs (0.36% of standalone revenue) and net worth was ₹3,520.73 lakhs (2.08% of standalone net worth) for FY26. Liquidation process to commence after shareholder approval on 20th November, 2026.
- The Company adopted Revaluation model for land at time of transition to Ind AS. Land was revalued during Q1 FY27 by registered independent valuer, resulting in incremental value of ₹1,263 lakhs shown under Other Comprehensive Income.
- During the current quarter, on 24 July 2026, the Company acquired 35,635 shares in Pocket Aces Pictures Private Limited for ₹2,005 lakhs, increasing its shareholding to 95.76%.
- The Nomination and Remuneration Committee approved grant of 10,50,000 options to an eligible employee under Saregama Employee Stock Option Scheme 2013 on 30 September 2026.
- Exceptional item of ₹853 lakhs was recorded in FY26 due to implementation of new Labour Codes, but no exceptional items in current period.