Saregama India Limited share price

NSE: SAREGAMA · ISIN INE979A01025

Key numbers

Market cap
₹ 9,538 Cr
Current price
₹ 496.90
52-week high / low
₹ 575 / 307
Stock P/E
43.2
Book value
₹ 86.7
Dividend yield
1.81%
ROCE
17.2%
ROE
12.6%
Debt to equity
0.04
Sales growth (3 yrs)
10.6%
Profit growth (3 yrs)
3.8%
1-year return
3.1%

About Saregama India Limited

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 engages in the manufacture and sale of music storage device through Carvaan, Music Card, Vinyl records, etc., as well as dealing with related music rights. Its Artist Management segment manages influencers and artiste on an exclusive or non-exclusive basis. The Video segment is involved in the production and sale/telecast/broadcast of long-form and video content, as well as dealing in related rights. Its 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.

Quarterly results

Consolidated figures in ₹ crores

Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026
Sales241207260287264
Operating profit80559212193
Net profit6037517552
EPS (₹)3.111.902.673.862.69

Concall summary (2026-08-11)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • If I have to look at on a full year basis, we maintain our guidance of the music vertical growing between 20% to 23% year-on-year.
  • For the music vertical, we maintain our medium -term guidance of 20% to 23% revenue growth and an annual music EBITDA margin guidance of 60% to 65%.

Growth & demand

  • 112.4 crores, a year-on-year growth of 69% and operational PBT at Rs.
  • 230.6 crores, which was a 39% year -on-year growth, a quarterly EBITDA of Rs.

Margins & costs

  • My first question is, sir, on the music EBITDA for this quarter, it has come off by 1% on a year- on-year basis.
  • I understand it's a small number, but I just want to understand the factors behind the music EBITDA, taking into consideration that music as a segment has grown 40%, 43% on a year-on-year basis.

Capex & expansion

  • As our investment in new audio and video content grows, these artists are going to become bigger.
  • We have shared with you after our Bhansali acquisition that we are taking a conscious call to wind down our films business and make all our investments through the Bhansali Productions channel, which means the film segment revenue is eventually going to come down.

Balance sheet & cash

  • So, on the cash flow statement that you've published, Q4 presentation has a content spend of Rs.
  • So, the presentation published this quarter has -- in the cash flow statement has a Rs.

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