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Saregama India Limited (SAREGAMA.NS)

INR480.25 +9.15 (+1.94%)
IN NSE Technology Media & Entertainment
Address Spencer Building 400036
Mumbai, IN
CEO Aditi Shrivastava
Website saregama.com
IPO 2002-07-01
ISIN INE979A01025

Explore sections of this company profile

Also trades on Bombay Stock Exchange · SAREGAMA.BO (INR) National Stock Exchange of India · SAREGAMA.NS (INR)
Description

Operating both domestically in India and across international markets, Saregama India Limited is a prominent player in the sound recording and publishing industry. Its diverse operations are structured into three distinct divisions: Music, Films/Television Series, and Publication. The Music division is responsible for both the production and distribution of various music carriers, including Carvaan, Carvaan Mini, music cards, audio compact discs, and digital versatile discs, along with managing the associated music intellectual property rights. Through its Films/Television Series segment, the company develops, markets, airs, and licenses feature films, television series, and other pre-recorded content, in addition to handling film rights. The Publication division issues 'OPEN,' a weekly magazine dedicated to current events. Established in 1901, its principal offices are located in Mumbai, India. It was previously known as Gramophone Company of India Ltd. Saregama India Limited operates as a subsidiary under Composure Services Private Limited.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR480.25 +9.15 (+1.94%)
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Volume Profile
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Liquidity & share structure
Average Volume
4M
Beta
0.60
Float Shares
57.60M
Free Float %
30.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-5.63% +17.01% +14.09% +13.12% -1.06% +11.78% -26.10% +20.78% +64.55% +1,173.45% +4,655.76%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
480.25
DCF (Unlevered) 291.93 -39.2%
DCF (Levered) 464.10 -3.4%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 2 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
8.32
Safe zone
Piotroski F-Score
4 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
4 / 5
High
P/E Score
1 / 5
Low
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • ✗
    Revenue growth Media & Entertainment: +19.4%
    -15.9% Q1'26: +19.4% (vs Q1'25)
  • ✓
    EPS growth Media & Entertainment: +23.8%
    +1.1% Q1'26: +24.1% (vs Q1'25)
  • ✗
    FCF margin FCF growth · Media & Entertainment: +56.9%
    0.0% Q1'26: +0.0% (vs Q1'25)
  • ✓
    EBIT margin Media & Entertainment: +5.3%
    +25.9% ★ Q1'26: +33.8% (vs Q1'25)
  • ✗
    ROIC Media & Entertainment: +2.9%
    +12.0% ★ Q1'26: +18.0% (vs Q1'25)
  • ✗
    Share dilution Media & Entertainment: +0.0%
    +0.2% Q1'26: +1.0% (vs Q1'25)
  • ✓
    Debt / EBITDA Net debt/EBITDA · Media & Entertainment: 1.38×
    0.22× ★ Q1'26: 0.15× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.43) × ERP
WACC = 99% × Ke + 1% × Kd (7.5%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 74.90 Current price: 480.25
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2001
actual 		Mar 2007
actual 		Mar 2008
actual 		Mar 2009
actual 		Mar 2018
actual 		Mar 2019
actual 		Mar 2020
actual 		Mar 2021
actual 		Mar 2022
actual 		Mar 2023
actual 		Mar 2024
actual 		Mar 2025
actual 		Mar 2026
3 Rev. Ana.
3 EPS Ana. 		Mar 2027
3 Rev. Ana.
3 EPS Ana. 		Mar 2028
3 Rev. Ana.
3 EPS Ana. 		Mar 2029
2 Rev. Ana.
1 EPS Ana.
Revenue
1.57B
est.
1.43B
est: 1.44B (-0.3%)
1.43B
est: 1.54B (-7.2%)
1.10B
est: 1.26B (-12.9%)
3.57B
est: 3.68B (-3.1%)
5.45B
est: 5.39B (+1.0%)
5.21B
est: 6.36B (-18.0%)
4.33B
est: 4.84B (-10.5%)
5.76B
est: 5.52B (+4.5%)
7.37B
est: 7.29B (+1.0%)
8.03B
est: 8.21B (-2.2%)
11.71B
est: 11.99B (-2.3%)
10.41B
9.50B – 11.72B
-13.2% YoY
11.69B
11.59B – 11.84B
+12.3% YoY
13.42B
12.82B – 13.91B
+14.8% YoY
15.81B
15.36B – 16.21B
+17.8% YoY
EBITDA
551.12M
est.
206.81M
est: 493.64M (-58.1%)
177.28M
est: 200.20M (-11.4%)
49.87M
est: 72.99M (-31.7%)
464.43M
est: 1.30B (-64.3%)
945.10M
est: 1.89B (-50.0%)
683.76M
est: 2.23B (-69.3%)
1.58B
est: 1.71B (-7.5%)
2.30B
est: 1.95B (+17.9%)
2.70B
est: 453.18M (+494.8%)
3.10B
est: 2.92B (+6.1%)
2.77B
est: 4.20B (-34.1%)
3.65B
3.33B – 4.11B
-13.2% YoY
4.10B
4.06B – 4.15B
+12.3% YoY
4.71B
4.49B – 4.88B
+14.8% YoY
5.54B
5.39B – 5.68B
+17.8% YoY
EBIT
501.35M
est.
173.14M
est: 449.06M (-61.4%)
118.80M
est: 110.42M (+7.6%)
-7.75M
est: 41.74M (-118.6%)
420.54M
est: 1.18B (-64.4%)
885.21M
est: 1.72B (-48.5%)
637.94M
est: 2.03B (-68.6%)
1.52B
est: 1.55B (-1.9%)
2.17B
est: 1.77B (+22.3%)
2.49B
est: 259.18M (+860.0%)
2.74B
est: 2.66B (+2.9%)
2.19B
est: 3.82B (-42.8%)
3.32B
3.03B – 3.74B
-13.2% YoY
3.73B
3.70B – 3.77B
+12.3% YoY
4.28B
4.09B – 4.44B
+14.8% YoY
5.04B
4.90B – 5.17B
+17.8% YoY
Net Income
2.39B
est.
137.37M
est: 1.78B (-92.3%)
81.98M
est: 147.02M (-44.2%)
-62.13M
est: 67.25M (-192.4%)
285.15M
est: 142.34M (+100.3%)
541.13M
est: 399.78M (+35.4%)
439.38M
est: 488.90M (-10.1%)
1.13B
est: 567.18M (+98.4%)
1.53B
est: 1.41B (+8.3%)
1.85B
est: 417.54M (+343.9%)
1.98B
est: 1.96B (+0.7%)
2.04B
est: 2.11B (-3.1%)
1.95B
1.87B – 2.02B
-7.5% YoY
2.43B
2.26B – 2.55B
+24.9% YoY
2.94B
2.90B – 2.98B
+20.6% YoY
3.59B
3.46B – 3.70B
+22.2% YoY
SGA
185.01M
est.
—
est: 165.71M (-100.0%)
—
est: 358.35M (-100.0%)
—
est: 282.11M (-100.0%)
694.40M
est: 880.58M (-21.1%)
1.40B
est: 634.40M (+120.2%)
1.34B
est: 748.59M (+78.8%)
654.32M
est: 573.55M (+14.1%)
811.74M
est: 654.06M (+24.1%)
807.83M
est: 1.75B (-53.9%)
878.67M
est: 981.01M (-10.4%)
904.10M
est: 1.41B (-35.9%)
1.22B
1.12B – 1.38B
-13.2% YoY
1.38B
1.36B – 1.39B
+12.3% YoY
1.58B
1.51B – 1.64B
+14.8% YoY
1.86B
1.81B – 1.91B
+17.8% YoY
EPS
12.44
est.
0.94
est: 9.38 (-90.0%)
0.56
est: 9.21 (-93.9%)
-0.32
est: 1.55 (-120.7%)
1.64
est: 0.73 (+124.0%)
2.81
est: 2.08 (+35.3%)
2.53
est: 2.54 (-0.4%)
6.56
est: 2.92 (+124.9%)
8.43
est: 7.25 (+16.4%)
9.63
est: 9.03 (+6.7%)
10.27
est: 10.00 (+2.7%)
10.62
est: 10.92 (-2.7%)
10.10
9.67 – 10.47
-7.5% YoY
12.61
11.72 – 13.21
+24.9% YoY
15.21
15.01 – 15.42
+20.6% YoY
18.59
17.91 – 19.20
+22.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-18 B+ 3/5 3/5 4/5 5/5 4/5 1/5 2/5
2026-05-15 B+ 3/5 5/5 4/5 5/5 3/5 1/5 1/5
2026-05-14 B+ 3/5 4/5 4/5 5/5 3/5 1/5 1/5
2026-05-13 A- 4/5 5/5 4/5 5/5 3/5 1/5 2/5
2026-05-12 A- 4/5 5/5 4/5 5/5 3/5 1/5 2/5
2026-05-11 A- 4/5 5/5 4/5 5/5 3/5 1/5 2/5
2026-05-08 A- 4/5 5/5 4/5 5/5 3/5 1/5 2/5
2026-05-07 A- 4/5 5/5 4/5 5/5 3/5 1/5 2/5
2026-05-06 A- 4/5 5/5 4/5 5/5 3/5 1/5 2/5
2026-05-05 A- 4/5 5/5 4/5 5/5 3/5 1/5 2/5
2026-05-04 A- 4/5 5/5 4/5 5/5 3/5 1/5 2/5
2026-04-30 B+ 3/5 5/5 3/5 5/5 3/5 1/5 2/5
2026-04-29 B+ 3/5 5/5 3/5 5/5 3/5 1/5 2/5
2026-04-28 B+ 3/5 5/5 3/5 5/5 3/5 1/5 2/5
2026-04-27 B+ 3/5 5/5 3/5 5/5 3/5 1/5 2/5
2026-04-24 B+ 3/5 5/5 3/5 5/5 3/5 1/5 2/5
2026-04-23 B 3/5 5/5 3/5 5/5 2/5 1/5 1/5
2026-04-22 B 3/5 5/5 3/5 5/5 2/5 1/5 1/5
2026-04-21 B 3/5 5/5 3/5 5/5 2/5 1/5 1/5
2026-04-20 B 3/5 5/5 3/5 5/5 2/5 1/5 1/5
2026-04-17 B 3/5 5/5 3/5 5/5 2/5 1/5 1/5
2026-04-16 B 3/5 5/5 3/5 5/5 2/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.76B
OE per share TTM
9.10
Owner's Yield
2.29%
Maintenance CapEx ratio
12.98%
Maint CapEx / Avg PPE
29.9%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 14 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vanguard FTSE All-World ex-US Small-Cap ETF VSS 0.01% 1.22M 0.06%
2 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.00% 34.7K 0.48%
3 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.00% 78.3K 0.26%
4 Vanguard FTSE Emerging Markets ETF VWO 0.00% 3.86M 0.06%
5 Vanguard ESG International Stock ETF VSGX 0.00% 48.7K 0.10%
6 Vanguard Total International Stock ETF VXUS 0.00% 4.31M 0.05%
7 Vanguard FTSE Global All Cap ex Canada Index ETF VXC.TO 0.00% 6.2K 0.22%
8 Vanguard All-Equity ETF Portfolio VEQT.TO 0.00% 18.7K 0.22%
9 Vanguard Total World Stock ETF VT 0.00% 157.5K 0.06%
10 Vanguard Growth ETF Portfolio VGRO.TO 0.00% 10.1K 0.22%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
7.69M
Shares Outstanding
192.24M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Vikram Mehra MD & Executive Director 126M male
Kartikeya Kalla Senior Vice President of Music — male
Nayan Kumar Misra Company Secretary & Compliance Officer — male
Pankaj Mahesh Chaturvedi Chief Financial Officer — male
R. Vijayalakshmi Executive Vice President of South TV — female
Siddharth Anand Kumar Executive Vice President of Films, Series and Events — male
Sonalika Johri Vice President of HR & Administration — female
Vinay Kumar Guwalani Senior Vice President of Music Monetisation & Marketing — male
Yash Asai Vice President of Legal — male
Aditi Shrivastava Co-Founder & Chief Executive Officer of Pocket Aces Pictures Private Limited — female
Yazad Anklesaria General Manager of IT & Technology — male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

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