Stox
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Saregama India Limited
NSE: SAREGAMA · Media Entertainment & Publication
₹619.65-1.96%06 Nov 2026
Ask the data
Instant answers about Saregama India Limited — computed from its filings, no language modelMarket cap₹11,947 cr
Current price₹619.65
High / Low₹637 / ₹311
P/E49.2
P/B6.56
Book value₹94.4
ROE13.3%
ROCE18.2%
Debt / equity0.00
Dividend yield0.73%
EPS (TTM)₹12.59
Face value₹1
Price & valuation
split & bonus adjusted · pick a metric and rangeAnnual performance
annual · ₹ crore · line = operating margin| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | 521 | 442 | 581 | 737 | 803 | 1,171 | 985 |
| EBITDA | 60 | 130 | 187 | 221 | 247 | 277 | 337 |
| Operating margin | 11.6% | 29.4% | 32.2% | 30.0% | 30.7% | 23.6% | 34.2% |
| Interest | 7 | 3 | 5 | 6 | 3 | 6 | 5 |
| Depreciation | 5 | 6 | 13 | 21 | 36 | 58 | 82 |
| Profit before tax | 60 | 152 | 204 | 248 | 271 | 276 | 284 |
| Tax | 17 | 38 | 52 | 63 | 73 | 72 | 78 |
| Net profit | 44 | 113 | 153 | 185 | 198 | 204 | 207 |
| EPS ₹ | 25.29 | 65.61 | 8.43 | 9.63 | 10.27 | 10.62 | 10.73 |
| Operating cash flow | — | — | 94 | 93 | 93 | 331 | 100 |
| Capex | — | — | 73 | 103 | 92 | 162 | 214 |
| Dividend paid | — | — | 58 | 58 | 77 | 87 | 87 |
| Total assets | — | — | — | 1,704 | 2,034 | 2,095 | 2,322 |
| Equity | — | — | — | 1,342 | 1,469 | 1,583 | 1,693 |
Quarterly performance
last 30 quarters · ₹ crore| JUN '19 | SEP '19 | DEC '19 | MAR '20 | JUN '20 | SEP '20 | DEC '20 | MAR '21 | JUN '21 | SEP '21 | DEC '21 | MAR '22 | JUN '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 126 | 157 | 129 | 109 | 76 | 108 | 134 | 123 | 105 | 145 | 150 | 180 | 169 | 189 | 185 | 204 | 163 | 172 | 204 | 263 | 205 | 242 | 483 | 241 | 207 | 230 | 260 | 287 | 264 | 314 |
| Operating profit | 1 | 24 | 14 | 21 | 19 | 37 | 40 | 34 | 37 | 44 | 54 | 51 | 51 | 57 | 63 | 49 | 50 | 61 | 66 | 70 | 51 | 61 | 84 | 80 | 55 | 69 | 92 | 121 | 93 | 102 |
| Operating margin | 0.9% | 15.4% | 10.6% | 19.8% | 24.7% | 34.1% | 29.9% | 27.8% | 35.2% | 30.6% | 36.2% | 28.5% | 30.4% | 29.9% | 33.8% | 24.1% | 30.6% | 35.3% | 32.1% | 26.6% | 25.1% | 25.2% | 17.5% | 33.4% | 26.7% | 29.9% | 35.2% | 42.1% | 35.4% | 32.4% |
| Other income | 2 | 3 | 3 | 3 | 5 | 3 | 3 | 19 | 3 | 5 | 8 | 19 | 10 | 11 | 15 | 17 | 18 | 13 | 15 | 18 | 12 | 13 | 16 | 18 | 14 | 11 | 7 | 9 | 4 | 5 |
| Interest | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 5 | 1 | 1 | 1 | 2 | 2 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 4 | 4 | 4 | 5 | 6 | 6 | 7 | 8 | 9 | 12 | 13 | 14 | 15 | 17 | 17 | 19 | 21 | 24 | 24 | 24 |
| Profit before tax | 0 | 24 | 14 | 22 | 22 | 38 | 41 | 50 | 37 | 45 | 58 | 64 | 56 | 62 | 70 | 58 | 59 | 66 | 70 | 76 | 51 | 59 | 84 | 82 | 51 | 60 | 70 | 103 | 72 | 82 |
| Tax | 1 | 5 | 3 | 7 | 6 | 9 | 10 | 13 | 9 | 12 | 14 | 16 | 14 | 16 | 18 | 15 | 16 | 18 | 18 | 22 | 14 | 14 | 22 | 22 | 15 | 16 | 18 | 29 | 19 | 22 |
| Net profit | -1 | 19 | 10 | 16 | 16 | 28 | 32 | 37 | 27 | 34 | 43 | 48 | 41 | 46 | 53 | 44 | 43 | 48 | 52 | 54 | 37 | 45 | 62 | 60 | 37 | 44 | 51 | 75 | 52 | 65 |
| EPS ₹ | -0.75 | 11.06 | 5.85 | 9.16 | 9.14 | 16.46 | 18.44 | 21.42 | 15.69 | 19.45 | 23.56 | 2.50 | 2.15 | 2.39 | 2.71 | 2.27 | 2.26 | 2.50 | 2.72 | 2.80 | 1.92 | 2.33 | 3.24 | 3.11 | 1.90 | 2.28 | 2.67 | 3.86 | 2.69 | 3.37 |
| Revenue YoY | — | — | — | — | -39.2% | -31.3% | 3.4% | 13.6% | 37.2% | 34.2% | 12.3% | 46.0% | 61.3% | 30.4% | 23.4% | 13.0% | -3.5% | -8.9% | 10.1% | 29.2% | 25.7% | 40.3% | 136.7% | -8.5% | 0.7% | -4.9% | -46.1% | 19.4% | 27.5% | 36.6% |
| Profit YoY | — | — | — | — | — | 46.4% | 210.5% | 134.2% | 72.6% | 19.9% | 37.4% | 30.2% | 52.3% | 36.3% | 21.0% | -9.3% | 5.0% | 4.4% | -0.6% | 23.1% | -15.1% | -6.7% | 19.3% | 11.8% | -0.7% | -2.5% | -17.7% | 25.4% | 40.6% | 47.6% |
Earlier results (standalone, Sep '07 – Mar '19)
₹ crore · from BSE, before the NSE XBRL filings beginSaregama India Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.
Full years
| FY09† | FY10† | FY11† | FY12† | FY13† | FY14† | FY16† | FY17† | FY18† | FY19† | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 123 | 105 | 135 | 150 | 175 | 168 | 215 | 208 | 346 | 524 |
| Operating profit | 9 | 12 | 27 | 17 | 19 | 26 | 15 | 9 | 34 | 32 |
| Operating margin | 7.5% | 11.4% | 20.0% | 11.5% | 10.7% | 15.3% | 7.0% | 4.2% | 9.9% | 6.2% |
| Other income | 2 | 2 | 3 | 5 | 10 | 6 | 10 | 12 | 14 | 60 |
| Interest | 4 | 6 | 5 | 7 | 3 | 3 | 0 | 0 | 3 | 7 |
| Depreciation | 3 | 3 | 22 | 11 | 12 | 3 | 5 | 4 | 4 | 3 |
| Profit before tax | 2 | 4 | 2 | 7 | 11 | 17 | 10 | 16 | 41 | 82 |
| Tax | 1 | 3 | -4 | 9 | -0 | 5 | 2 | 8 | 11 | 30 |
| Net profit | 1 | 1 | 6 | -1 | 11 | 12 | 8 | 8 | 31 | 52 |
Quarters
| SEP '07† | DEC '07† | MAR '08† | JUN '08† | SEP '08† | DEC '08† | MAR '09† | JUN '09† | SEP '09† | DEC '09† | MAR '10† | JUN '10† | SEP '10† | DEC '10† | MAR '11† | JUN '11† | SEP '11† | DEC '11† | MAR '12† | JUN '12† | SEP '12† | DEC '12† | MAR '13† | JUN '13† | SEP '13† | DEC '13† | MAR '14† | JUN '14† | SEP '14† | DEC '14† | JUN '15† | SEP '15† | DEC '15† | MAR '16† | JUN '16† | SEP '16† | DEC '16† | MAR '17† | JUN '17† | SEP '17† | DEC '17† | MAR '18† | JUN '18† | SEP '18† | DEC '18† | MAR '19† | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 34 | 29 | 39 | 28 | 30 | 29 | 36 | 21 | 25 | 27 | 33 | 27 | 26 | 35 | 47 | 32 | 37 | 40 | 42 | 34 | 41 | 51 | 48 | 36 | 46 | 43 | 43 | 42 | 41 | 39 | 52 | 56 | 54 | 53 | 48 | 48 | 54 | 58 | 62 | 84 | 94 | 105 | 111 | 138 | 151 | 124 |
| Operating profit | 3 | 2 | 2 | 2 | 2 | 3 | 2 | 3 | 3 | 4 | 3 | 2 | 2 | 3 | 21 | 4 | 9 | 6 | -2 | 5 | 5 | 7 | 2 | 2 | 3 | 2 | 19 | 4 | 2 | 3 | 4 | 3 | 4 | 3 | 4 | 1 | 2 | 2 | 6 | 7 | 5 | 16 | -27 | 24 | 19 | 16 |
| Operating margin | 7.9% | 7.1% | 6.1% | 8.6% | 6.5% | 8.9% | 6.3% | 13.3% | 11.0% | 13.6% | 8.8% | 8.7% | 5.8% | 7.3% | 43.8% | 13.3% | 24.2% | 15.0% | -4.5% | 14.2% | 12.2% | 13.7% | 3.9% | 6.8% | 5.8% | 4.7% | 43.1% | 9.3% | 5.1% | 6.7% | 7.7% | 6.2% | 7.8% | 6.4% | 7.8% | 1.8% | 4.4% | 3.0% | 10.3% | 8.8% | 4.9% | 14.8% | -24.2% | 17.0% | 12.8% | 13.2% |
| Other income | 2 | 1 | 3 | 1 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 1 | 0 | 1 | 0 | 1 | 1 | 3 | 1 | 1 | 2 | 6 | 1 | 2 | 1 | 2 | 1 | 2 | 0 | 1 | 2 | 2 | 5 | 1 | 3 | 1 | 7 | 2 | 3 | 1 | 7 | 43 | 2 | 2 | 12 |
| Interest | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 0 | 2 | 1 | 2 | 0 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 21 | 1 | 6 | 3 | 2 | 3 | 3 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 0 | 1 | 2 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Profit before tax | 2 | 2 | 4 | 1 | 1 | 0 | 0 | 0 | 0 | 1 | 2 | 1 | 0 | 1 | 1 | 2 | 2 | 2 | 1 | 2 | -1 | 5 | 4 | 3 | 3 | 1 | 10 | 4 | 3 | 2 | 4 | 4 | 4 | -2 | 4 | 2 | 2 | 8 | 7 | 9 | 4 | 21 | 14 | 23 | 19 | 26 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 0 | 0 | 0 | -5 | -1 | 2 | -1 | 8 | -0 | -2 | 0 | 2 | 1 | 1 | 0 | 3 | 1 | 1 | 0 | 1 | 1 | 1 | -1 | 2 | 1 | 1 | 4 | 3 | 5 | 3 | -0 | 5 | 8 | 7 | 10 |
| Net profit | 2 | 1 | 3 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 5 | 3 | 1 | 3 | -7 | 3 | 1 | 5 | 2 | 2 | 2 | 1 | 7 | 3 | 2 | 1 | 3 | 3 | 3 | -1 | 2 | 1 | 1 | 4 | 3 | 4 | 1 | 21 | 9 | 15 | 12 | 16 |
| EPS ₹ | 1.64 | 0.92 | 2.17 | 0.46 | 0.31 | 0.12 | 0.03 | 0.07 | 0.22 | 0.27 | -0.17 | 0.24 | 0.17 | 0.18 | 3.06 | 1.47 | 0.38 | 1.62 | -4.26 | 1.45 | 0.63 | 2.84 | 1.33 | 1.05 | 1.43 | 0.59 | 3.88 | 1.93 | 1.20 | 0.74 | 1.51 | 1.49 | 1.89 | -0.55 | 1.01 | 0.66 | 0.63 | 2.13 | 1.90 | 2.56 | 0.74 | 12.33 | 4.93 | 8.59 | 7.06 | 9.25 |
| Revenue YoY | — | — | — | — | -9.9% | -1.5% | -9.3% | -24.8% | -19.0% | -6.2% | -8.1% | 25.1% | 5.7% | 32.2% | 44.0% | 20.6% | 39.8% | 13.0% | -11.2% | 6.2% | 12.9% | 28.4% | 14.7% | 5.0% | 10.5% | -16.4% | -9.6% | 18.2% | -9.5% | -8.9% | 22.8% | 35.4% | 37.4% | — | -7.0% | -14.2% | 0.7% | 8.4% | 28.4% | 76.3% | 72.9% | 82.6% | 79.4% | 63.9% | 60.7% | 17.7% |
| Profit YoY | — | — | — | — | -77.5% | -86.7% | -98.4% | -83.8% | -28.3% | 161.1% | -680.0% | 281.8% | -9.1% | -34.0% | — | 507.1% | 120.0% | 809.7% | -239.5% | -1.2% | 65.2% | 75.5% | — | -27.4% | 128.4% | -79.4% | 190.9% | 83.6% | -16.5% | 26.5% | -21.7% | 24.5% | 155.0% | — | -33.1% | -55.6% | -66.6% | — | 87.5% | 287.8% | 18.2% | 479.7% | 160.3% | 235.4% | 844.6% | -24.9% |
Returns & margins
trailing-twelve-month, per quarter| MAR '20 | JUN '20 | SEP '20 | DEC '20 | MAR '21 | JUN '21 | SEP '21 | DEC '21 | MAR '22 | JUN '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | — | — | — | — | — | 12.3% | 12.9% | 13.7% | 13.8% | 13.1% | 13.1% | 13.5% | 13.0% | 12.1% | 12.7% | 12.9% | 12.9% | 12.2% | 11.5% | 12.2% | 13.1% | 13.3% |
| ROCE | — | — | — | — | — | — | — | — | — | — | 16.8% | 17.7% | 18.8% | 19.0% | 18.0% | 18.0% | 18.6% | 18.0% | 16.6% | 17.5% | 17.8% | 17.9% | 17.1% | 16.3% | 16.4% | 17.7% | 18.2% |
| Net margin | 8.4% | 12.9% | 16.5% | 21.4% | 25.5% | 26.4% | 25.5% | 27.0% | 26.3% | 25.9% | 26.0% | 26.0% | 24.6% | 25.1% | 25.9% | 25.2% | 24.6% | 22.6% | 20.5% | 16.6% | 17.4% | 17.4% | 17.5% | 20.4% | 21.0% | 21.3% | 21.6% |
| EBITDA margin | 11.6% | 16.6% | 21.5% | 27.4% | 29.4% | 31.5% | 30.7% | 32.5% | 32.2% | 31.3% | 31.0% | 30.7% | 29.4% | 29.4% | 30.7% | 30.4% | 30.7% | 29.3% | 27.1% | 22.3% | 23.6% | 23.9% | 24.9% | 31.6% | 34.2% | 36.0% | 36.2% |
| Debt / equity | — | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.04 | 0.00 |
| Interest coverage | 9.99 | 15.26 | 22.14 | 32.54 | 45.03 | 53.42 | 46.97 | 49.57 | 46.22 | 43.63 | 47.71 | 46.42 | 43.80 | 44.07 | 54.79 | 56.49 | 84.58 | 131.55 | 116.36 | 194.20 | 49.10 | 43.46 | 39.45 | 33.42 | 53.22 | 46.97 | 48.86 |
| Asset turnover | — | — | — | — | — | — | — | — | — | — | 0.37 | 0.39 | 0.44 | 0.44 | 0.40 | 0.41 | 0.39 | 0.42 | 0.40 | 0.52 | 0.56 | 0.56 | 0.51 | 0.41 | 0.42 | 0.45 | 0.46 |
Balance sheet
equity vs borrowings over time · ₹ crore| SEP '22 | MAR '23 | SEP '23 | MAR '24 | SEP '24 | MAR '25 | SEP '25 | MAR '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|
| Share capital | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
| Other equity / reserves | 1,439 | 1,323 | 1,416 | 1,450 | 1,534 | 1,564 | 1,642 | 1,673 | 1,801 |
| Total equity | 1,458 | 1,342 | 1,435 | 1,469 | 1,553 | 1,583 | 1,661 | 1,693 | 1,821 |
| Borrowings | 0 | 0 | 0 | 2 | 2 | 0 | 1 | 70 | 9 |
| Current liabilities | 345 | 308 | 315 | 297 | 500 | 418 | 522 | 510 | 514 |
| Non-current liabilities | 60 | 51 | 52 | 264 | 251 | 90 | 74 | 116 | 104 |
| Total assets | 1,867 | 1,704 | 1,805 | 2,034 | 2,307 | 2,095 | 2,260 | 2,322 | 2,441 |
| Property, plant & equipment | 214 | 221 | 221 | 224 | 223 | 222 | 221 | 222 | 234 |
| Capital work-in-progress | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Investments | 583 | 239 | 356 | 118 | 137 | 111 | 176 | 379 | 404 |
| Inventories | 141 | 164 | 240 | 239 | 233 | 240 | 239 | 243 | 244 |
| Receivables | 119 | 148 | 118 | 159 | 165 | 143 | 131 | 177 | 203 |
| Cash & equivalents | 58 | 17 | 183 | 57 | 455 | 69 | 25 | 28 | 44 |
Cash flow
annual · ₹ crore · line = free cash flow| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Cash from operations | 94 | 93 | 93 | 331 | 100 |
| Cash from investing | -630 | -148 | 17 | -221 | -110 |
| Cash from financing | 677 | -83 | -70 | -99 | -31 |
| Capex | 73 | 103 | 92 | 162 | 214 |
| Free cash flow | 22 | -10 | 1 | 170 | -114 |
| Dividends paid | 58 | 58 | 77 | 87 | 87 |
Where the assets sit
Sep '26 · ₹ croreFixed assets (PPE)₹234 cr10%
Investments₹404 cr17%
Inventories₹244 cr10%
Receivables₹203 cr8%
Cash & equivalents₹44 cr2%
Other assets₹1,313 cr54%
Peer comparison
largest in Media Entertainment & Publication · this company in bold| Company | Market cap ₹cr | Price | P/E | P/B | ROE |
|---|---|---|---|---|---|
| Sun TV Network Ltd. | 23,465 | 595.45 | — | 1.74 | 0.0% |
| Prime Focus Ltd. | 22,146 | 285.20 | 191.6 | 10.60 | 5.5% |
| Nazara Technologies Limited | 15,853 | 412.10 | 1204.7 | 4.14 | 0.3% |
| PVR INOX Ltd. | 15,045 | 1,565.60 | 25.0 | 2.04 | 8.1% |
| Saregama India Limited | 11,947 | 619.65 | 49.2 | 6.56 | 13.3% |
| Tips Music Limited | 9,782 | 769.25 | 43.1 | 30.17 | 70.1% |
| Zee Entertainment Enterprises Ltd. | 6,148 | 63.97 | 34.7 | 0.50 | 1.4% |
| Network18 Media & Investments Limited | 4,106 | 26.83 | — | 0.83 | -0.5% |
StoxGud checklist: Bullish setup · 7/10
- Price above 50-day average
- Price above 200-day average
- 50-day average above 200-day (uptrend)
- RSI in healthy 40–70 zone
- Positive 1-year return
- Return on equity above 15%
- Debt to equity below 1
- Revenue growing year on year
- Net profit margin above 10%
- P/E below industry median
A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.
Returns & technicals
1 month+23.0%
6 months+77.1%
1 year+35.2%
3Y CAGR+21.6%
5Y CAGR+7.1%
10Y CAGR+37.6%
50-day avg₹509.12
200-day avg₹431.37
RSI (14)79
FAQs
What is the share price of Saregama India Limited?
Saregama India Limited (SAREGAMA) closed at ₹619.65 on NSE on 06 Nov 2026.
What is the market cap of Saregama India Limited?
₹11,947 crore at the latest close.
What is the P/E ratio of Saregama India Limited?
49.2, on trailing-twelve-month earnings from its filings.
How fast is Saregama India Limited growing?
Saregama India Limited: revenue has compounded at 10.2% a year over three years; net profit at 3.8% a year. Latest-quarter revenue is up 36.6% year on year, profit up 47.6%.
How profitable is Saregama India Limited?
On a trailing-twelve-month basis return on equity is 13.3%, return on capital employed 18.2%, operating margin 36.2%, net margin 21.6%.
How much debt does Saregama India Limited have?
Saregama India Limited is debt-free: debt to equity is 0.00 with borrowings of ₹9 cr against cash of ₹44 cr (balance sheet of 2026-09-30). Operating profit covers interest 48.9 times.
Financials parsed from Saregama India Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '19, annual from FY20, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.
Saregama India Limited · advanced chart