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Saregama India Limited

Saregama India Limited

NSE: SAREGAMA
EntertainmentCommunication ServicesMID CAPMCap ₹9.32k Cr
₹485.60₹3.75 (+0.78%)

Market Closed • NSE

Market cap₹9.32k Cr
Enterprise value₹9.09k Cr
P/E TTM42.23
Forward P/E31.03
P/B5.60
EPS TTM₹11.50
Forward EPS₹15.65
ROCE17.30%
D/E4.28
Dividend yield0.01%
Face value₹1.00
52W high₹574.50
52W low₹307.05
Price chart(1Y)
1Y Return:+1.97% (+₹9.40)
H: ₹574.5L: ₹433.25
1W-2.31%
1M-3.87%
3M+0.43%
6M+41.53%
1Y+7.40%
Today at a glance

Day range

₹481.55₹490.65

52 week range

₹307.05₹574.50
Volume184.8K0.55x 20D avg
Free float50.00%-44.70% volume

Saregama India Limited closed at INR485.60 (+0.78%) on volume 0.55x its 20-day average, trading 15.47% below its 52-week high.

Technical analysis
RSI (14)44.4Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹17.37High
SMA 20₹496.12BEARISH
SMA 50₹504.81BEARISH
SMA 100₹488.09BEARISH
SMA 200₹416.26BULLISH
CPR bottom₹492.98
Pivot₹489.27
CPR top₹485.56
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -29.7% QoQ

2025-11-11

DIVIDEND Announced

Interim Dividend - Rs 4.50 Per Share

2025-02-14

DIVIDEND Announced

Interim Dividend - Rs 4.50 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹72.6 Cr₹9.32k Cr0.78%≤ 33%PASS
Non-halal income ratio–₹984.6 Cr0.00%≤ 5%PASS
Illiquid assets ratio₹2.29k Cr₹2.32k Cr98.79%≥ 20%PASS
Receivables ratio–₹2.32k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E42.2319.40
Forward P/E31.03—
P/B5.601.50
EV/EBITDA—18.00
PEG—1.40
Earnings yield2.405.20
Growth & profitability
RevenuePAT
FY25PAT margin 17.40%
FY26PAT margin 20.90%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y-5.60%
Revenue CAGR 5Y-3.40%
PAT CAGR 3Y+0.50%
PAT CAGR 5Y+0.30%
Operating margin26.43%
Net margin21.31%
Financial health & cash flow
Net debt₹44.4 CrModerate
Interest coverage46.90xEBIT / interest
CFO / PAT0.48x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹100.0 Cr
Capital expenditure–
Free cash flow₹-11395.0 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall55/100
Valuation50/100
Profitability80/100
Financial health35/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Strong Capital Efficiency: ROCE stands at 17.3%

Risks

Elevated Leverage Burden: Debt-to-Equity stands at 4.28x

Bull case

Market Leadership: Established operational scale in Entertainment.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

70%47%23%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
19.28%Institutional holding
19.42%Public holding
5Periods available
0.00%Promoter pledged
68.64KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
11 Nov 2025Dividend₹4.50 / share—11 Nov 2025
14 Feb 2025Dividend₹4.50 / share—14 Feb 2025
—Annual General MeetingAnnual General Meeting—20 Aug 2024
21 Feb 2024Dividend₹4.00 / share—21 Feb 2024
—Annual General MeetingAnnual General Meeting—24 Aug 2023
27 Jul 2023DemergerDemerger—27 Jul 2023
02 Feb 2023Dividend₹3.00 / share—02 Feb 2023
—Annual General MeetingAnnual General Meeting—27 Jul 2022
27 Apr 2022Dividend₹10.00 / share—26 Apr 2022
01 Feb 2022Dividend₹30.00 / share—31 Jan 2022
—Annual General MeetingAnnual General Meeting—06 Aug 2021
06 Apr 2021Dividend₹20.00 / share—05 Apr 2021
—Dividend₹1.50 / share—03 Aug 2020
—Dividend₹3.00 / share—11 Jul 2019
—Dividend₹3.00 / share—19 Jul 2018
—Dividend₹1.50 / share—20 Jul 2017
—Dividend₹1.50 / share—14 Jul 2016
—Dividend₹1.50 / share—22 Jul 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)43.88%+7.25% latest vs average
Highest delivery59.32%on 29 Sept
Average volume (20D)355.8KTrading-session average
Conviction trendStrengthening+7.25% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Bharti Airtel Limited
Bharti Airtel LimitedBHARTIARTL
Open analysis
₹11.26L37.731.33%₹58,539.00₹10,012.00+18.35%+34.90%
Vodafone Idea Limited
Vodafone Idea LimitedIDEA
Open analysis
₹1.41L3.770.00%₹11,539.00-₹3,712.00+5.80%+44.04%
Indus Towers Limited
Indus Towers LimitedINDUSTOWER
Open analysis
₹1.00L14.043.75%₹8,431.10₹1,745.80+4.64%+0.52%
Info Edge (India) Limited
Info Edge (India) LimitedNAUKRI
Open analysis
₹78,959.2149.431.22%₹881.00₹490.00+11.38%+42.86%
BHARTI HEXACOM LIMITED
BHARTI HEXACOM LIMITEDBHARTIHEXA
Open analysis
₹76,595.0042.001.20%₹2,510.00₹482.00+10.91%+22.96%
Tata Communications Limited
Tata Communications LimitedTATACOMM
Open analysis
₹47,230.1349.991.04%₹6,583.00₹130.00+10.45%-31.58%
Sun TV Network Limited
Sun TV Network LimitedSUNTV
Open analysis
₹25,059.8416.373.26%₹882.51₹232.02-6.30%-37.43%
Affle 3i Limited
Affle 3i LimitedAFFLE
Open analysis
₹19,937.8741.860.00%₹747.00₹128.00+20.29%+20.75%
About Saregama India Limited
Saregama India Limited

Saregama is the oldest music label company from India (established 1902, erstwhile "Gramophone Company of India" & then "HMV"). The company is aiming to be a pure-play content company supported by the global consumption boom. [1] Since 2017, Saregama has been making headlines again owing to the launch of two unique initiatives, Saregama Carvaan and Yoodlee Films. [2]

IndiaCommunication Services

Questions investors ask
Is Saregama India Limited Shariah compliant?

Saregama India Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (0.78%) complies with AAOIFI threshold (≤ 33%).

What is Saregama India Limited's current valuation relative to peers?

Saregama India Limited trades at a P/E of 42.2x compared to the sector median of 19.4x, and a Price-to-Book of 5.6x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 4.28x. Interest coverage is 46.9x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at -3.4% while net profit growth averaged 0.3%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-09. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.