TickerSutra

NSE: AMAGI · BSE: 544679 · ISIN INE121R01077

Amagi Media Labs Limited stock analysis

Amagi Media Labs Limited ranks #1851 in the TickerSutra evidence-ranked universe with a score of 50/100 and 87% data confidence. The latest captured fundamentals show ROCE of 8.0%, quarterly sales growth of 32.4% and quarterly profit growth of 760.7%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE50/100

Monitor only

#1851 of 5,430 ranked equities
Market capitalisation₹12,657.23cr
ROCE8.0%
Quarterly sales growth32.4%
Quarterly profit growth760.7%
P/E ratio124.5×
Promoter pledge3.1%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • Low debt/equity of 0.02×
  • 30.3% three-year sales CAGR
  • Institutional ownership is rising

Risks and constraints

  • CFO/EBITDA is below 0.6×
  • Promoter holding is below 25%
  • Extreme base-effect growth requires manual validation
  • Valuation is above 40× earnings

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹431cr₹-1,058cr₹-1,078cr-246.0%
2023₹681cr₹-347cr₹-321cr-51.0%
2024₹879cr₹-278cr₹-245cr-32.0%
2025₹1,163cr₹-91cr₹-69cr-8.0%
2026₹1,506cr₹50cr₹72cr3.3%
TTM₹1,612cr₹81cr₹102cr5.0%
Debt / equity0.02×
CFO / EBITDA-0.18×
Operating margin5.0%
Free cash flow₹-32cr
Sales CAGR · 3Y30.3%
Profit CAGR · 3YUnavailable

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts5 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Operating leverageModerate severity · 21 mentions
Positive catalyst

So clearly, there's a lot more to unpack on this. As we said in the last quarter, the core model that works for us is the operating leverage, and that continues to play out. Revenue was INR 437 crores, up 32% year - on-year, and 21% on a constant currency basis.

Margin expansionModerate severity · 2 mentions
Positive catalyst

Starting with the left, adjusted EBITDA increased from INR 17 crores to INR50 crores. We also had sequential margin improvement of 1.2 percentage points. That's important because Q1 is when annual merit increases kick in.

Customer concentrationModerate severity · 2 mentions
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This is a big, big need for the market because the number of vendors and the tool proliferation that happens in this business is very high. For example, one of our largest customers, when we spoke with them, said they use 800 tools to get things done, whic h creates amazingly complex workflows. Clearly, there's a huge need for them to simplify these workflows, and they believe that AI could be a big cost leverage and

Regulatory updatesLow severity · 14 mentions
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Customers rely on Amagi’s technology for critical broadcast and streaming operations, where continuous uptime and service sta- bility are vital. A security breach, technology failure, external provider interruption, or friction during cus- tomer upgrades could disrupt services, affect customers, and expose the Company to financial, regulatory, or reputational consequences. Additionally, managing third-party cloud inf

Regulatory approvalLow severity · 12 mentions
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Management Responsibility: It is the responsibility of the management of the Company to implement the Scheme(s) including designing, main- taining records and devising proper systems to ensure compliance with the provisions of all applicable laws and regulations and to ensure that the systems are adequate and operate effectively. Verification: The Amagi Media Labs Limited - Amagi Employee Stock Option Plan 2025 (“ESO

Management confidenceLow severity · 3 mentions
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20.65 million (March 31, 2025: Nil) on payments to overseas subsidiaries treated as fees for technical services. The Holding Company is contesting these matters and, based on the merits of the cases and expert advice, the management is confident that no liability would arise from these matters. **The Holding Company has received adjudication orders under section 73(9) of the Central Goods and Services Tax and Karnata

Export market updatesLow severity · 1 mention
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Unlocking the power of autonomous execution From infrastructure to intelligence Act three 18 Annual Report 2025-26 19 Statutory Reports Financial StatementsCorporate Overview Act Three Concluding the arc: powering what’s next Our multi-year trajectory reflects a clear, deliberate evolution: The global media landscape is rebalancing across the entire ecosystem. Content owners, broadcasters, streaming platforms, and ad

Institutional interestLow severity · 2 mentions
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Vide an order dated January 2, 2026, the Reserve Bank of India com- pounded the above mentioned contraventions and directed the Company to pay a fine of ₹37 ,720 which was duly paid on January 5, 2026. xi) During the year under review, the Company raised funds through an Initial Public Offer (“IPO”) and details of utilization of funds, for the quarter ended March 31, 2026 are disclosed on the website of the Company h

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

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