More about Saregama India Limited
Fundamentals for Saregama India Limited
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Fundamentals for Saregama India Limited
Business Operations:
Sector: Communication ServicesIndustry: Entertainment
Saregama India Limited operates as an entertainment company in India and internationally. It operates in four segments: Music, Artist Management, Video, and Events. The Music segment manufactures and sells of music storage device through Carvaan, Music Card, Vinyl records, etc., and deals with related music rights. The Artist Management segment manages influencers/artiste on an exclusive or non-exclusive basis. The Video segment engages in the production and sale/telecast/broadcast of long form and short form video contents, as well as dealing in related rights. The Events segment organizes live musical events through ticket sales and sponsorships. The company was founded in 1902 and is headquartered in Mumbai, India. Saregama India Limited operates as a subsidiary of Composure Services Private Limited.
Revenue projections:
SAREGAMA's revenue is forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.
Financial Ratios:
| currentRatio | 2.374000 |
|---|---|
| forwardPE | 24.897427 |
| debtToEquity | 0.185000 |
| earningsGrowth | -0.021000 |
| revenueGrowth | -0.049000 |
| grossMargins | 0.435190 |
| operatingMargins | 0.216320 |
| trailingEps | 10.550000 |
| forwardEps | 13.405000 |
Saregama India Limited's current ratio is 2.374, signaling that the company has sufficient cash reserves and current assets to cover its short-term debt obligations. This suggests financial stability, as Saregama India Limited should not face any issues meeting its short-term liabilities with available resources.
SAREGAMA's Forward PE ratio is favorable, indicating that the stock price is well-positioned in relation to its earnings. It is not overpriced, leaving room for growth, which makes it a solid option for investors seeking both stability and future appreciation.
SAREGAMA's low earnings and revenue growth suggest that the company may face shrinking profits. This could indicate underlying financial challenges, making it difficult for SAREGAMA to sustain its current profitability.
With positive gross and operating margins, SAREGAMA demonstrates its profitability and efficiency. These metrics show that the company is managing costs well while generating strong revenue, highlighting robust financial health.
Saregama India Limited's forward EPS being higher than its trailing EPS indicates that the company is expected to achieve greater profitability this financial year. This suggests improving earnings and a stronger financial position compared to the previous year's performance.
Price projections:
SAREGAMA's price projections have been revised downward over time, reflecting a shift in sentiment among analysts. The steady decline in projections points to a more cautious outlook on the company's future performance.
Recommendation changes over time:
Saregama India Limited has garnered a buy bias from analysts recently, suggesting the stock is a good investment opportunity. This may lead to increased investor interest, as Saregama India Limited is seen as a reliable place to park money for those looking to benefit from potential market gains and company growth.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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