More about Saregama India Limited
Fundamentals for Saregama India Limited
Regulatory Filings 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 is projected to experience a revenue decline compared to last year, a development that often leads to investor caution. The drop could negatively impact the company's bottom line, as lower revenues typically signal reduced profitability, prompting more conservative investment strategies.
Financial Ratios:
| currentRatio | 1.749000 |
|---|---|
| forwardPE | 27.301275 |
| debtToEquity | 4.281000 |
| earningsGrowth | 0.241000 |
| revenueGrowth | 0.232000 |
| grossMargins | 0.522670 |
| operatingMargins | 0.358860 |
| trailingEps | 10.730000 |
| forwardEps | 15.285000 |
SAREGAMA's current ratio being 1.749 suggests the company will have no issues paying off its short-term debt. With sufficient cash reserves and current assets, SAREGAMA can easily cover its immediate liabilities, reflecting solid financial health.
Saregama India Limited's Forward PE ratio suggests the stock price is reasonable in relation to earnings. It's not overpriced, providing room for future growth, making the stock a potentially valuable investment for those seeking long-term gains.
Saregama India Limited's positive earnings and revenue growth indicate that the company is well-positioned for business expansion. This growth suggests a strong financial trajectory, with Saregama India Limited expected to continue increasing its profits and revenue in the coming periods.
SAREGAMA's positive gross and operating margins suggest the company is performing profitably. These margins reflect efficient cost management and strong revenue generation, signaling healthy financial performance and operational effectiveness.
SAREGAMA's forward EPS exceeding its trailing EPS implies that the company is projected to be more profitable this year. This suggests an improvement in financial performance, with analysts expecting SAREGAMA to generate stronger earnings compared to the previous financial year.
Price projections:
Price projections for SAREGAMA have been revised down over time, reflecting a less optimistic outlook. Analysts appear to be adjusting their expectations, signaling concerns about the company's ability to sustain its previous growth levels.
Recommendation changes over time:
A recent buy bias from analysts toward SAREGAMA may inspire confidence in investors, who could view the stock as a promising investment. This positive sentiment suggests that SAREGAMA might be an appealing option for those looking to grow their wealth through stock market investments.
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