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's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.

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's current ratio of 2.374 highlights the company's solid liquidity, indicating that it can easily service its short-term debt. SAREGAMA's ample cash reserves and current assets ensure that the company is well-positioned to meet its immediate financial liabilities.
SAREGAMA's Forward PE ratio is favorable, meaning the stock price aligns well with earnings and isn't overvalued. This allows room for growth, making it an attractive investment for those seeking potential upside while ensuring the stock is not overpriced.
SAREGAMA's low growth in both earnings and revenue indicates potential profit shrinkage. This downward trend could be a sign of weakening financial health, signaling challenges for the company's future profitability.
SAREGAMA's positive gross and operating margins indicate the company's ability to operate profitably. These margins reflect strong financial management, with efficient cost control contributing to sustained profitability and a solid financial outlook.
SAREGAMA's forward EPS is higher than its trailing EPS, suggesting the company is expected to improve its profitability this financial year. This reflects growing confidence in SAREGAMA's earnings potential, with forecasts indicating better financial performance than in the prior year.

Price projections:

Price projections for SAREGAMA
Price projections for SAREGAMA

Saregama India Limited's price projections have steadily declined, indicating that analysts are revising their outlook on the company. This downward trend reflects a more cautious perspective on Saregama India Limited's future growth prospects.

Recommendation changes over time:

Recommendations trend for SAREGAMA
Recommendations trend for SAREGAMA


The analysts' recent buy bias for SAREGAMA indicates strong confidence in the stock's future performance. This could encourage more investors to view SAREGAMA as a worthwhile investment, positioning the company as a top choice for those seeking financial security and long-term growth opportunities.