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Saregama India Ltd share Price

Company details

6M Return 24.91%
1Y Return 4.84%
Mkt Cap.(Cr) 6,998.97
Volume 432,972
Div Yield 0.85%
OI Chg %
Volume 432,972

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About The Stock

    Saregama India (Saregama) is India’s oldest music label with ~1.42 lakh songs across various languages, which is monetised over various formats such as digitals (streaming, YouTube), physical (Carvaan) and television.

    • Apart from music, it is also into TV serials /(Tamil) and creates low budget films as well as web series for OTT platforms through Yoodlee Films

    Saregama reported a healthy set of numbers.

    • Revenues were up ~46% YoY to ₹ 180.2 crore, led by TV & films segment, up 150% YoY at ₹ 52.5 crore, as two films (‘Zombivili’ and ‘Habbadi’) and one regional web series was licenced during the quarter. Music segment was up 25.5% YoY. Carvaan sales volumes were up 2% YoY to 1.12 lakh units, while licencing revenues continued to be robust. For FY22, licencing revenues at ₹ 358.5 crore, grew by ~26% YoY
    • EBITDA grew 50% YoY (down 5% QoQ) to ₹ 51.4 crore with EBITDA margin at 28.5%, up 80 bps YoY (down 7600 bps QoQ owing to revenues mix)
    • Consequent PAT was at ₹ 48.2 crore (up 30% YoY) 

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Movies & Entertainment company Saregama India announced Q1FY24 results:

  • Company’s operating revenue stood at Rs 1,633 million with a strong adjusted EBITDA of Rs 623 million at a 38% Margin.
  • PAT of Rs 433 million at a 27% margin, delivering a margin growth of 6% over Q4FY23 and 2% over Q1FY23.
  • Music segment revenue grew strongly to Rs 1,491 million with new content continuing to contribute significantly to the Company’s revenue and profitability.

Avarna Jain, Vice Chairperson, Saregama India, said, “Saregama continues to invest in content that generates healthy returns and fortifies its position as the leading music label. More importantly, our bets to diversify the business are well placed to realize the organization’s goal of being the leading entertainment company that continues to grow profitably. The success of our strategy is demonstrated in the Q1FY24 results with Operating revenue of Rs 1,633 million combined with 27% PAT margin”.



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Investment recommendation
Strong performance!
Call Date
04 May 2022
Entry Price 429.00
Target Price 480.00
12-18 Month


Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

Saregama India Ltd Stocks COMPARISION


Equity Capital: 1,342.11 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 18,014.89 -11,775.55
LAST 3M 48,885.55 -315.90
LAST 6M 51,016.24 146,552.89
LAST 12M 134,434.58 164,088.22

Saregama India Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • Saregama India Limited is a company that operates in retail selling cassettes and CDs and has a market capitalization of INR 5,664.19 Crores as of 25th August 2021. In the year 1946, it became a corporation by the name “The Gramophone Company of India” and was taken over by RPG Group in the year 1985. At the end of F.Y 2021, it registered combined revenue of Rs 472.82 Crores. The Bombay Stock Exchange (BSE) and National Stock Exchange have assigned the number 532163 and scrip code SAREGAMA. As of 25th August ‘2021, Saregama India limited is trading at Rs. 3,257.

    Saregama is India’s oldest music label with a library of intellectual property rights with quite 120,000 songs. Saregama Limited has a distribution network of more than 28,000 retailers, film content IP rights of more than 60 films. Saregama India Limited has 23 channels on YouTube with a cumulative subscriber’s base of over 29 million. The company is pinning its growth ambitions on three pillars: monetizing the existing IP, creating new IP, and the direct-to-consumer retail business. Composure Services Private Limited is the holding company of Saregama India Limited. It has five 100% subsidiaries companies and one subsidiary company shares held 76.41%. The company generates 47.42% revenue from license fees, 38.53% revenue by selling the product like Carvaan, Mini Carvaan, Music Cards, etc., and 14.05% from films and television serials in the financial year ended on 2020. Promoters hold 59.06% shares in the company, and the rest is by public shareholders (FII, mutual funds, etc.)

    For the Quarter year ending on June 2021, total revenue was Rs 107.76 Crores, up 31.64% from Rs 81.86 Crores in June 2020. The quarterly Net Profit in June 2021 was Rs. 27.19 Crores, up 72.64% from Rs. 15.75 Crores in June 2020. In June 2021, EBIT had increased to 34.77% from 28.05% in June 2020. From Rs. 9.14 in June 2020, Saregama India Limited’s EPS has risen to Rs. 15.69 in June 2021. Saregama India Limited’s stock is trading at 3,250.05 on 25th August ‘2021, which shows a return of 208.56% in the last six months and 553.21% in the previous year.

Registered Address

The Studios : Dum Dum, 33 Jessore Road Dum Dum, Kolkata, West Bengal, 700028

Tel : 91-33-25512984/4773
Email : co.sec:saregama.com
Website : http://www.saregama.com


AGM Date (Month) : Aug
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 532163
Book Closure Date (Month) :
BSE Group : A
ISIN : INE979A01025

FAQ’s on Saregama India Ltd Shares

You can buy Saregama India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Saregama India Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Sep 28, 2023 01:04 PM the closing price of Saregama India Ltd was ₹ 363.00.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Sep 28, 2023 01:04 PM, the market cap of Saregama India Ltd stood at ₹ 6,998.97.

The latest PE ratio of Saregama India Ltd as of Sep 28, 2023 01:04 PM is 36.63

The latest PB ratio of Saregama India Ltd as of Sep 28, 2023 01:04 PM is 0.18

The 52-week high of Saregama India Ltd is ₹ 458.34 while the 52-week low is ₹ 283.97

According to analyst recommendations, Saregama India Ltd has a “Buy” rating for the long term.

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