Amagi Records Profitability for FY26, Sees 30% Revenue Growth to Rs 1,506 Crore

Amagi Media Labs Posts First Full-Year Profit Since Inception

Amagi Media Labs, a leading Media SaaS company, reported a significant milestone in its financial performance by achieving its first full-year profit since inception in FY26. The Bengaluru-based company posted a profit after tax (PAT) of Rs 72 crore, a notable turnaround from the loss of Rs 69 crore recorded in the previous financial year. This improvement can be attributed to the company's strong customer expansion and rising adoption of AI-enabled streaming and broadcast solutions.

Amagi's revenue for FY26 witnessed a substantial growth of 29.5 percent year-on-year, reaching Rs 1,506 crore. The company's Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased more than six-fold to Rs 156 crore from Rs 23 crore in FY25, while the Adjusted EBITDA margin expanded to 10.3 percent. This significant increase in profitability underscores the company's ability to scale its operations efficiently.

Breaking down the performance for the March quarter, Amagi's revenue grew 28.5 percent year-on-year to Rs 397 crore. The company's Adjusted EBITDA stood at Rs 40 crore, a 161.3 percent increase from the same period last year. Notably, the PAT for the quarter came in at Rs 34 crore, a significant improvement of Rs 45 crore year-on-year.

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Amagi's customer base has also seen a notable expansion, with the company reporting a net revenue retention of 125.9 percent during FY26. Furthermore, the number of customers contributing more than $1 million in annual revenue increased to 35 from 28 a year ago, reflecting deeper adoption among large global media enterprises.

The company ended FY26 with a cash balance, including investments and bank balances, of Rs 1,664 crore. This substantial cash reserve will support investments in platform innovation, AI capabilities, and selective inorganic opportunities, enabling Amagi to continue its growth trajectory.

Key Highlights

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• Revenue growth of 29.5 percent year-on-year to Rs 1,506 crore in FY26
• Adjusted EBITDA increased more than six-fold to Rs 156 crore in FY26
• PAT improved by Rs 141 crore to Rs 72 crore in FY26
• Net revenue retention of 125.9 percent during FY26
• 35 customers contributing more than $1 million in annual revenue, up from 28 in FY25