Entertainment Network (India) (ENIL) Q1 26/27 earnings summary

Executive summary

• Domestic revenue for Q1 FY 2027 was INR 111 crores, a 1.9% year-on-year decline due to geopolitical conflicts and event cancellations impacting business volume.

• EBITDA grew 42% to INR 8.7 crores, driven by strategic cost rationalization measures.

• Non-digital business improved profitability, with EBITDA up 7.4% and PAT up 85% year-on-year.

• International operations contributed INR 3 crores in revenue despite West Asia conflict.

Financial highlights

• Digital revenue rose 43.3% year-on-year to INR 31.1 crores, now 30.2% of total revenue (up from 23%).

• Gaana revenue was INR 21.4 crores, up 19% from INR 17.5 crores last year.

• Cash balance stood at INR 389 crores as of June 30, 2026.

• Investment in digital business reduced to INR 8.3 crores from INR 9.8 crores year-on-year.

Outlook and guidance

• Traditional media (radio, TV, print) expected to remain subdued for FY 2027.

• Event business anticipated to grow strongly in H2, with some Q1 events rescheduled to Q2.

• Focus remains on profitable subscriber growth and operational cost efficiency.

• No specific profitability guidance provided.