Amagi Media Labs (AMAGI) Q1 26/27 earnings summary

Executive summary

• Revenue grew 32% year-over-year to INR 437 crore, marking the highest-ever quarterly revenue, with expanding margins and strong customer traction for AI-powered solutions.

• Major wins included managing all 104 FIFA World Cup matches and a major U.S. news network adopting the AI newsroom platform.

• Over 10 active AI pilots and significant platform adoption across global broadcasters, with plans to expand the AI product suite.

• Approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, with strong year-over-year growth in revenue and profitability.

• Re-appointed Mr. Baskar Subramanian as Managing Director and CEO for a five-year term, subject to shareholder approval.

Financial highlights

• Q1 FY27 consolidated revenue was ₹4,368.78 million, up from ₹3,300.61 million in Q1 FY26; standalone revenue was ₹2,756.36 million, up from ₹2,065.27 million.

• Adjusted EBITDA reached ₹50 crore (11.5% margin), up 201% year-over-year; PAT was ₹34 crore (7.5% margin), up 760% year-over-year.

• Monetized ad impressions reached 13.6 billion, up 59% year-over-year and 21% sequentially.

• Cash and investments at quarter-end: INR 1,616 crore, including IPO proceeds.

• Basic and diluted EPS (consolidated) for Q1 FY27 were ₹1.49.

Outlook and guidance

• Large total addressable market of $17 billion, with only 10% of playout migrated to cloud; AI expected to double TAM over time.

• Management expects continued broad-based growth, with operating leverage and profitability improvements as revenue scales.

• Q2 will face a tough year-over-year comparison due to prior period revenue recognition benefits and a 6% YoY revenue headwind.

• H1 typically represents ~47% of full-year revenue and ~37% of full-year adjusted EBITDA.