Saregama India Limited

Saregama India Limited

508.50
INR
-0.95
(-0.19%)
11.08EPS
44.22P/E
94.65BMarket Cap
Nov 04Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
10.18
10.72
12.74
12.54
20.48
31.28
29.88
24.96
31.36
36.68
39.41
60.67
49.69
52.76
Basic EPS, GAAP
1.09
0.39
0.39
0.48
1.64
3.11
2.53
6.56
8.43
9.63
10.27
10.62
10.78
11.13
Free Cash Flow per Basic Share
1.14
-0.04
1.41
-0.33
-1.24
-2.75
4.09
9.78
1.2
-0.5
0.05
8.82
-5.93
- -
Dividend per Share
0.15
0.15
0.15
0.15
0.15
0.3
0.3
2.18
3.2
3
4.01
4.51
4.52
- -
Book Value per Share
9.52
9.64
11.22
19.52
21.92
24.59
22.88
29.02
71.45
69.61
76.39
82.37
88.18
- -
Tangible Book Value per Share
8.43
9.2
10.8
19.14
21.55
24.18
22.24
27.88
68.24
63.47
48.64
50.73
44.74
- -
Basic Weighted Avg Shares
174
174
174
174
174
174
174
172
181
193
192
192
192
193
Sales/Revenue/Turnover
1,771
1,865
2,217
2,183
3,565
5,446
5,190
4,282
5,674
7,063
7,580
11,667
9,546
10,182
Operating Margin (%)
8.41
3.8
5.14
2.92
9.24
6.46
11.4
30.51
32.88
28.35
29.19
18.93
27.03
27.02
Depreciation Expense
32
63
54
44
42
33
46
56
131
208
362
582
816
862
Net Income, GAAP
189
68
68
84
285
541
439
1,126
1,526
1,853
1,976
2,042
2,071
2,149
Effective Tax Rate (%)
23.06
- -
24.66
45.72
27.29
35.84
27.93
25.31
23.95
25.41
27.04
26.02
27.41
27.41
Profit Margin (%)
10.68
3.63
3.08
3.85
8
9.94
8.47
26.29
26.9
26.24
26.07
17.51
21.69
21.1
Working Capital
218
375
441
517
708
1,215
1,486
2,120
9,861
9,441
9,252
7,843
3,822
- -
LT Debt
35
- -
- -
- -
- -
- -
- -
7
7
1
23
14
102
- -
Total Equity
1,690
1,704
1,973
3,423
3,840
4,307
4,010
5,089
13,809
13,455
14,726
15,868
16,952
- -
Return on Invested Capital (%)
6.98
- -
2
1.32
6.63
9.9
9.64
21.7
15.32
11.1
10.98
10.83
10.74
- -
Return on Capital (%)
12.82
- -
3.71
3.44
8.32
12.94
10.82
24.76
16.48
13.9
14.14
13.58
12.6
- -
Return on Common Equity (%)
13.58
4.06
3.77
3.14
7.9
13.36
10.63
24.89
16.2
13.63
14.06
13.38
12.64
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
623
- -
LT Borrowings
- -
95
- -
LT Finance Leases
- -
8
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
192
192
192
Market Capitalization
67,455
61,254
94,647

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
8,925
- -
Cash, Cash Equivalents & STI
- -
1,988
- -
Accounts Receivable, Net
- -
1,769
- -
Inventories
- -
2,434
- -
Total Current Liabilities
- -
5,103
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
623
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
31.06%
38.56%
6.83%
Free Cash Flow
1,702.27%
3,371.91%
-167.22%
Net Income, GAAP
55.77%
13.68%
1.38%
Sales/Revenue/Turnover
19.24%
20.01%
-18.18%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2,053
2,418
4,834
2,408
11,667
2026
2,068
- -
2,604
2,874
9,546
2027
2,636
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.92
2.33
3.24
3.11
10.62
2026
1.9
- -
2.67
3.86
10.78
2027
2.69
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
4.51
2026
- -
- -
- -
- -
4.52
2027
- -
- -
- -
- -
- -

Company Description

CEO
Vikram Mehra
Full Time Employees
383
Sector
Consumer services
Industry
Movies/Entertainment
Address
Spencer Building Mumbai MA India 400036
IPO Date
Aug 24, 1995
Business
Saregama India Limited operates as India's oldest music label and a leading IP-driven entertainment company, owning the largest music catalogue of over 150,000 songs across 23+ languages including Hindi, Tamil, Telugu, Malayalam, Bengali, Bhojpuri, Gujarati, Punjabi, Marathi, and others; producing and licensing film and non-film music, devotional tracks, folk, classical, and regional content; manufacturing and selling Carvaan portable digital audio players in multiple variants such as base model, Mini, Mobile, Music Bar, GO, Karaoke, and language-specific editions preloaded with 3,000-5,000 curated songs; producing films through Yoodlee Films with 70+ titles released on OTT platforms like Netflix, JioCinema, and ZEE5; creating multi-language TV serials exceeding 6,000 hours for channels in Tamil, Telugu, Kannada, and Malayalam; producing digital series and short-form content via subsidiary Pocket Aces Pictures encompassing brands like FilterCopy, Dice Media, Clout, Gobble, Candid, and Vital; organizing domestic and international live events; and managing artist promotion through Saregama Talent with 230+ artists boasting 200 million social media followers. Headquartered in Kolkata, West Bengal, with key offices in Mumbai, Delhi, and Chennai, the company was founded in 1901 as the Indian branch of the Gramophone Company and is a subsidiary of the RP-Sanjiv Goenka Group, serving audiences across India and global Indian diaspora through licensing to audio/video OTTs, streaming services like Spotify, YouTube Music, Gaana, social media, short-video apps, and public performance rights. Recent developments include the full acquisition of Pocket Aces Pictures in August 2024 for INR 3.75 billion to bolster digital entertainment; the purchase of NAV Records in July 2025 adding 6,500+ tracks in Haryanvi, Punjabi, ghazals, devotional, and indie pop genres plus YouTube channels with 24 million subscribers; Pocket Aces' acquisition of Finnet Media in September 2025 for INR 8.70 crore; release of over 1,500 new tracks in H1 FY26 across multiple languages; investment of INR 320-330 crore in new music content for FY26; launch of generative AI for music video production reducing timelines to 2-3 days; expansion of artist management and a new brand partnership vertical; and declaration of an interim dividend of INR 4.50 per share in November 2025.