Overall Fundamental outlook

Business Operations:

Sector: Communication Services
Industry: 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:

Revenue projections for SAREGAMA
Revenue projections for SAREGAMA

SAREGAMA is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.

Financial Ratios:

currentRatio 2.374000
forwardPE 27.555233
debtToEquity 0.185000
earningsGrowth -0.021000
revenueGrowth -0.049000
grossMargins 0.435190
operatingMargins 0.216320
trailingEps 10.530000
forwardEps 0.000000

SAREGAMA's current ratio being 2.374 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 is in a favorable range, suggesting the stock is reasonably priced relative to its earnings. This indicates the stock is not overpriced, providing room for potential growth and making it an attractive option for investors looking for solid value and future upside.
SAREGAMA's low growth in earnings and revenue indicates that profits could shrink. This signals potential financial difficulties for the company, suggesting that its profitability might be under pressure.
Saregama India Limited's positive gross and operating margins indicate healthy profitability. These margins reflect the company's ability to generate income efficiently from its operations, signaling strong financial performance and effective cost management.

Price projections:

Price projections for SAREGAMA
Price projections for SAREGAMA

Over time, SAREGAMA's price projections have been gradually lowered, signaling declining confidence in the company's future outlook. The downward revisions suggest analysts are becoming more cautious about SAREGAMA's potential for growth.

Recommendation changes over time:

Recommendations trend for SAREGAMA
Recommendations trend for SAREGAMA


Analysts are favoring SAREGAMA with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider SAREGAMA as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.