Saregama: 60% of FY2026 revenue came from post-2000 music

India’s Saregama generated 60% of its fiscal year 2026 (FY2026) revenue from music released after 2000, and 45% from tracks released after 2021, according to company results. The figures mark a shift for a label long associated with classic Bollywood catalogue from the 1940s to the 1970s.

In a presentation on FY2026 results, a bar chart showed that songs from before 2001 make up 58% of the catalogue but generated 40% of revenue in the last financial year. Recent hits from the soundtracks of Dhurandhar (2025), Stree 2 (2024) and Rocky Aur Rani Kii Prem Kahaani (2023) contributed to the post-2021 share.

Revenue mix shifts to newer releases

“At Saregama, we proudly steward the musical heritage of India, we take care of it, we cherish it, we try to monetise it,” said managing director Vikram during the earnings call for the first quarter of fiscal year 2027 (Q1 FY2027). “But the fact is that we are now a new age IP company with a large part of our revenue coming from brand-new IP, which has 60 to 80 years of life left in front of it.”

In Q1 FY2027, Saregama’s revenue from operations grew 27% year on year to 263.6 crore Indian rupees (about $27.6 million). Profit after tax rose 42% to 52 crore Indian rupees (about $5.4 million).

Live events and new music output

Income from live events rose 214%, which the company attributed to multiple devotional music concerts by singers such as Jaya Kishori and Manoj Muntashir, stand-up comedy shows by spoken word artist Manhar Seth, and the introduction of Carvaan Live.

Carvaan Live is branded around Saregama’s digital audio player Carvaan, which has sold millions of units primarily to fans of retro Bollywood music. The series of tribute gigs is “targeting middle age and older audiences”. The company presented 23 such shows in the quarter, including events dedicated to the songs of Hindi film playback singers such as Kishore Kumar and music directors like Pritam.

In new music, the label released more than 750 tracks in Hindi, Bhojpuri, Punjabi, Tamil, Telugu, Malayalam, Kannada, Haryanvi, Marathi and Bengali during the period. Tracks from its 180,000-song catalogue were also used in over 15 feature films, including the romantic drama Cocktail 2, and in more than ten web series, such as the crime thriller Raakh.