MarketFriction

Saregama India Ltd

NSE SAREGAMA · BSE 532163 · Media & Entertainment
₹494.75 -2.33%
NSE close2026-10-01
52 week range307.05 - 574.50
Market cap₹9,514 Cr.
P/E41.7
Microcap 250Nifty Media Price band 20% Delivery 49.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales172204263205242483241207230260287264
Expenses111139193154181399160151161169166171
Operating Profit6166705161848055699212192
OPM %35%32%27%25%25%17%33%27%30%35%42%35%
Other Income131518121316231411084
Interest010000511122
Depreciation8912131415171719212424
Profit before tax6670765159848251607010371
Tax %27%25%29%27%24%26%27%28%27%26%28%26%
Net Profit485254374562603744517452
EPS in Rs2.492.712.791.912.333.233.121.902.272.663.912.67
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2222183575455214425767378031,1719851,041
Expenses209209320507461312377516554894648668
Operating Profit139363860130199221249277337374
OPM %6%4.3%10%7%12%29%35%30%31%24%34%36%
Other Income21310561131235461633424
Interest023773563657
Depreciation544356132136588288
Profit before tax916398560152204248271276284304
Tax %25%46%27%36%28%25%25%25%27%26%27%
Net Profit79285444113153185198204206221
EPS in Rs0.390.481.643.112.536.477.919.6110.2510.5910.7411.51
Dividend Payout %38%31%18%10%6%31%38%31%39%42%42%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth16%17%10%-11%
Compounded Profit Growth34%13%4%14%
Stock Price CAGR37%7%11%5%
Return on Equity13%13%13%13%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital171717171717171919191919
Reserves1501573223644113814881,3581,3231,4501,5641,673
Borrowings8431664101115373
Other Liabilities7289137181217211277309361559509554
Total Liabilities2472674805787096207841,6881,7042,0342,0952,319
Fixed Assets84851991972152192262783387428351,031
CWIP000000224600
Investments404013215114875137676239118111379
Other Assets1241431492303453254207321,1241,1681,149909
Total Assets2472674805787096207841,6881,7042,0342,0952,319
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity332-4-19-3679190949393331100
Cash from Investing Activity-1-400-6-5-136-630-15432-220-110
Cash from Financing Activity-6-8-3938-72-49677-75-85-99-31
Net Cash Flow-420-7-10-424142-1364012-41
Free Cash Flow025-6-22-487116822-101170-114
CFO/OP499%336%83%-24%-61%168%156%76%73%58%149%49%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1067687757476726873724566
Inventory Days1,030270266376161280
Days Payable83816511414786181
Cash Conversion Cycle1067687757476264173226302120164
Working Capital Days6217556177983583981214061
ROCE %4%11%7%11%20%15%34%23%19%18%17%17%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters59.09%59.09%59.09%59.22%59.38%59.50%59.65%59.65%59.65%60.39%60.84%60.84%
FIIs17.12%16.81%16.05%17.22%17.29%15.70%16.45%16.68%16.82%14.18%12.18%11.50%
DIIs2.38%2.62%2.58%3.22%4.00%4.68%4.63%5.23%5.16%5.04%7.10%8.60%
Public21.15%21.22%22.00%20.07%19.08%19.90%18.97%18.11%18.04%19.93%19.42%18.63%
Others0.26%0.26%0.26%0.26%0.24%0.24%0.30%0.34%0.34%0.44%0.44%0.44%
No. of Shareholders72,90377,33872,43362,69865,62973,23272,84670,28171,42772,87268,64071,163

Fundamentals

Market Cap₹ 9,514 Cr.
Current Price₹ 493
Stock P/E41.7
Book Value₹ 87.8
ROCE17.3 %
ROE12.7 %
Dividend Yield0.91 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-11%
Compounded Profit Growth (TTM)14%
Consolidated figures.
Valuation
Market capRs 9,539 Cr
Enterprise valueRs 9,463 Cr
P/E (TTM)42.98x
Price to book5.64x
Price to sales9.16x
EV / EBITDA23.78x
EV / EBIT30.51x
EV / sales9.09x
Price to cash flow95.38x
Earnings yield2.33%
Dividend yield0.91%
P/E, 3-year average37.31x
P/B, 3-year average4.81x
P/E, 5-year average40.52x
P/B, 5-year average5.07x
Profitability
Operating margin (excl. other income)34.20%
Operating margin (incl. other income)37.69%
EBITDA margin38.20%
Pre-tax margin29.15%
Net profit margin21.31%
Net margin, latest quarter19.56%
ROE12.64%
ROCE17.28%
ROA9.38%
ROE, 3-year average13.36%
ROCE, 3-year average18.38%
ROA, 3-year average9.95%
ROE, 5-year average13.98%
ROCE, 5-year average19.19%
ROA, 5-year average10.62%
ROIC (approx.)13.93%
Tax rate27.41%
Other income / net worth2.03%
Growth
Sales growth (latest year)-15.94%
Profit growth (latest year)1.38%
Sales CAGR, 3 years10.16%
Sales CAGR, 5 years17.38%
Profit CAGR, 3 years3.76%
Profit CAGR, 5 years12.97%
Sales growth QoQ-8.29%
Profit growth QoQ-31.61%
Sales growth YoY (latest quarter)27.48%
Profit growth YoY (latest quarter)40.64%
Per share
EPS (TTM)Rs 11.51
EPS (latest year)Rs 10.74
EPS (latest quarter)Rs 2.67
EPS, 3-year averageRs 10.53
EPS, 5-year averageRs 9.82
Book value per shareRs 87.79
Sales per shareRs 54.01
Cash flow per shareRs 5.19
Free cash flow per shareRs -5.91
Dividend per share (latest year)Rs 4.50
Dividend per share, 3-year averageRs 4.33
Dividend per share, 5-year averageRs 3.80
Dividends
Dividend payout41.90%
Dividend payout, 3-year average41.14%
Dividend payout, 5-year average38.50%
Efficiency
Asset turnover0.42x
Fixed asset turnover0.95x
Inventory turnover1.33x
Inventory days274 days
Debtor days66 days
Debtors turnover5.57x
Creditor days181 days
Cash conversion cycle164 days
Working capital days61 days
Leverage
Total debtRs 73 Cr
Cash and bankRs 149 Cr
Net debtRs -77 Cr
Debt to equity0.04x
Net debt / EBITDA-0.19x
Interest coverage46.85x
Current ratio (filing 2026-03-31)1.75x
Quick ratio (filing 2026-03-31)1.27x
Trade payables (filing 2026-03-31)Rs 158 Cr
Owners' fund to total sources72.99%
Debt to assets3.13%
Cash flow
Cash from Operating Activity (latest year)Rs 100 Cr
Cash from Investing Activity (latest year)Rs -110 Cr
Cash from Financing Activity (latest year)Rs -31 Cr
Net Cash Flow (latest year)Rs -41 Cr
Free cash flow (latest year)Rs -114 Cr
FCFE (approx.: FCF + change in debt)Rs -44 Cr
Cash from ops / profit, 5 years0.75x
Sales to cash flow9.85x
Statement figures
Net sales (TTM)Rs 1,041 Cr
Net sales (latest year)Rs 985 Cr
Sales (latest quarter)Rs 264 Cr
Operating profit excl. other income (latest year)Rs 337 Cr
Operating profit (latest quarter)Rs 92 Cr
Other income (TTM)Rs 24 Cr
EBITDA (TTM)Rs 398 Cr
PBDT (TTM)Rs 391 Cr
Profit before tax (TTM)Rs 304 Cr
Tax (latest year)Rs 78 Cr
Net profit (TTM)Rs 222 Cr
Net profit (latest year)Rs 207 Cr
Net profit (latest quarter)Rs 52 Cr
Depreciation (TTM)Rs 88 Cr
Depreciation (latest quarter)Rs 24 Cr
Interest (TTM)Rs 7 Cr
Cost of goods sold (latest year)Rs 325 Cr
Total expenditure (latest year)Rs 648 Cr
Total income (latest year)Rs 1,019 Cr
Share capitalRs 19 Cr
ReservesRs 1,673 Cr
Shareholders' fundsRs 1,693 Cr
Total assetsRs 2,319 Cr
Net blockRs 1,031 Cr
InvestmentsRs 379 Cr
ReceivablesRs 177 Cr
InventoryRs 243 Cr
Other liabilitiesRs 554 Cr
Shares outstanding (crore)19.28
Ownership
Promoter holding60.84% (+1.19 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 43.0 is at the 48th percentile of its own 9.4-year range (median 43.2, low 7.0, high 197.3).
P/B 5.64 is at the 63th percentile (median 4.99).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodSAREGAMANifty 50Difference
1 week-0.7%-2.8% +2.0 pts
1 month+0.2%-6.8% +7.0 pts
3 months+1.9%-7.6% +9.5 pts
6 months+54.9%+0.4% +54.5 pts
1 year+4.4%-9.9% +14.4 pts
2 years-4.3%-13.6% +9.3 pts
3 years+36.5%+14.2% +22.3 pts
5 years+32.8%+27.9% +4.9 pts
47 mutual fund schemes hold about ₹337 Cr. Over three months 10 bought more and 34 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Helios Flexi Cap Fund0.95%83 +60%
Abakkus Small Cap Fund1.37%38 -9%
Bandhan Innovation Fund1.08%29 -10%
LIC MF Multi Cap Fund1.00%23 -0%
Helios Small Cap Fund1.43%21 +1%
WOC Special Opp Fund1.03%20 +2%
Union Innovation & Opp Fund1.59%20 -14%
Helios Mid Cap Fund0.84%19 +100%
Tata Small Cap Fund0.11%14 -83%
Bandhan Aggressive Hybrid Fund0.35%9 +20%
LIC MF Value Fund2.94%9 +8%
LIC MF Dividend Yield Fund1.15%9 -10%
LIC MF Dividend Yield Fund1.15%8 -10%
LIC MF Value Fund2.94%8 +8%
Samco Flexi Cap Fund2.79%7 +100%
Nippon India Nifty Smallcap 250 Index Fund0.16%6 -8%
DSP Nifty Smallcap250 Quality 50 Index Fund1.04%3 -8%
SBI Nifty Smallcap 250 Index Fund0.16%3 -8%
Motilal Oswal Nifty Smallcap 250 Index Fund0.16%2 -8%
ICICI Pru Nifty Smallcap 250 Index Fund0.16%1 -8%
HDFC NIFTY Smallcap 250 Index Fund0.16%1 -8%
Nippon India Nifty 500 Equal Weight Index Fund0.20%1 -8%
JioBlackRock Nifty Smallcap 250 Index Fund0.16%1 -8%
Motilal Oswal Nifty 500 Index Fund0.02%1 -7%
Edelweiss Nifty Smallcap 250 Index Fund0.16%0 -8%

Red flags

F-score 4 of 8
explainReceivables outrunning sales Receivables grew 24% vs sales -16% in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹264 Cr +27.5% vs Jun 2025. Net profit ₹52 Cr +40.5%.

Activity

Compare
No bulk or block deals on record.
Ex-dateActionFactor
2025-11-11Interim Dividend - Rs 4.50 Per Share
2025-02-14Interim Dividend - Rs 4.50 Per Share
2024-08-20Annual General Meeting
2024-02-21Interim Dividend - Rs 4 Per Share
2023-08-24Annual General Meeting
2023-07-27Demerger
2023-02-02Interim Dividend - Rs 3 Per Share
2022-07-27Annual General Meeting
2022-04-26Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share0.1000
2022-01-31Interim Dividend - Rs 30 Per Share
2021-08-06 Annual General Meeting
2021-04-05 Interim Dividend - Rs 20 Per Share
2020-08-03 Annual General Meeting/Dividend - Rs 1.50 Per Share
2019-07-11 Annual General Meeting/Dividend - Rs 3 Per Share
2018-07-19 Annual General Meeting/Dividend- Rs 3 Per Share
2017-07-20 Annual General Meeting/Dividend - Rs 1.50 Per Share
2016-07-14 Annual General Meeting/ Dividend - Re. 1.50/- Per Share
2015-07-22Annual General Meeting/Dividend - Rs 1.50 Per Share
2014-07-22Annual General Meeting/Dividend Rs.1.50/- Per Share
2013-07-18Annual General Meeting/Dividend Rs 1.50/- Per Share
2012-07-18Annual General Meeting
2011-07-20Annual General Meeting
2010-07-14Annual General Meeting
2009-07-15Annual General Meeting
2008-07-11Agm/Dividend - 10%
2007-12-20Annual General Meeting
2006-09-07Agm
DateTypeWhat it says
2026-09-30ESOPThe Nomination and Remuneration Committee (NRC) has approved grant of 10,50,000 Options, to an eligible employee of the Company.
2026-09-15Shareholder meetingProceedings of Annual General Meeting held on September 15, 2026. Further, the company has submitted the Exchange a copy of Srutinizers report along w...
2026-09-02Concall / analyst meetIntimation regarding participation of company in forthcoming conference to be held on 8th September, 2026.
2026-08-24UpdatesBusiness Responsibility and Sustainability Report of the Company for the financial year 2025-26, which also forms part of the Integrated Annual Report...
2026-08-24General UpdatesPursuant to the provisions of Regulation 36(1)(b) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we hereby inform you ...
2026-08-24Shareholder meetingNotice of Annual General Meeting to be held on September 15, 2026
2026-08-12UpdatesPress Release.
2026-08-11Concall / analyst meetQ1FY27 Earning Conference Call-Transcript
2026-08-11Concall / analyst meetIntimation regarding participation of company in forthcoming conference to be held on 14th August, 2026.
2026-08-04Concall / analyst meetLink of Recording
2026-08-04General UpdatesPursuant to Regulation 30(5) of the SEBI Listing Regulations, the Board of Directors authorized Key Managerial Personnel of the Company to determine m...
2026-08-04Investor PresentationInvestor Presentation
2026-08-04Press ReleaseA press release dated August 04, 2026, titled "Press Release Q1 FY 27".
2026-08-04Board meeting outcomeBoard meeting held on August 4, 2026, - Considered, approved and took on record the Unaudited Financial Results (Standalone and Consolidated) of the C...
2026-07-29Concall / analyst meetSchedule of meet
2026-07-28Concall / analyst meetSchedule of meet
2026-07-24General UpdatesCorporate Presentation.
2026-07-22AcquisitionAcquisition
2026-06-26Credit RatingCredit Rating
2026-06-24General UpdatesAppointment of Mr. Abhishek Kapoor as Chief Financial Officer ("CFO") and Key Managerial Personnel of the Company w.e.f 15th July, 2026 and Appointmen...
2026-06-24AppointmentAppointment of Mr. Kuldeep Kothari as Interim Chief Financial Officer ("Interim CFO") and Key Managerial Personnel of the company w.e.f. Jun 24, 2026.
2026-06-24AppointmentAppointment of Mr Abhishek Kapoor as Chief Financial Officer of the company w.e.f. July 15, 2026.
2026-06-24Change in ManagementChange in Management
2026-06-24Board meeting outcomeOutcome of Board Meeting held on Jun 24, 2026.
2026-06-23Disclosure under SEBI TakeovComposure Services Pvt Ltd has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Su...
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Saregama India Ltd?

Saregama India Ltd (SAREGAMA) has a market capitalisation of Rs 9,514 Cr. at the 2026-10-01 close.

What is the P/E ratio of Saregama India Ltd?

Saregama India Ltd trades at a P/E of 41.7 on trailing twelve-month profit, at the 2026-10-01 close.

What were Saregama India Ltd's latest quarterly results?

In the Jun 2026 quarter, Saregama India Ltd sales was Rs 264 Cr (+27.5% vs Jun 2025) and net profit was Rs 52 Cr.

What is the 52-week high and low of Saregama India Ltd?

The 52-week high is Rs 574.50 and the 52-week low is Rs 307.05.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03