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 lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.

Financial Ratios:

currentRatio 2.87500
forwardPE 30.10241
debtToEquity 0.17000
earningsGrowth 0.11200
revenueGrowth -0.08500
grossMargins 0.38627
operatingMargins 0.26460
trailingEps 10.59000
forwardEps 0.00000

Saregama India Limited's current ratio of 2.875, indicating that the company can meet its short-term debt obligations with ease. This high liquidity level is a positive sign, as Saregama India Limited has enough cash and current assets to handle its immediate liabilities comfortably.
SAREGAMA's low earnings and revenue growth highlight potential profit shrinkage. This suggests that the company may struggle to maintain its financial performance, raising concerns about its future profitability.
With positive gross and operating margins, SAREGAMA demonstrates strong profitability. This reflects the company's ability to manage costs and maintain healthy profits, showcasing effective operational efficiency and financial stability.

Recommendation changes over time:

Recommendations trend for SAREGAMA
Recommendations trend for SAREGAMA


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.