Saregama India Ltd.
•₹ 506.55-2.62%
2026-08-21
PROS
- Company has delivered good profit growth of 36.3% CAGR over last 5 years
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 20.5%
- Company has consistently been profitable over the last 5 years
- Latest quarter profit grew 42.1% YoY, showing strong momentum
- Company has delivered good sales growth of 17.6% CAGR over last 5 years
CONS
- Operating margins have contracted to 23.6% from 40.6%
- Stock is trading at 6.8x its book value
- Growth is decelerating - 3Y profit CAGR (7.5%) trails the 5Y trend (36.3%)
- Expensive relative to growth - PEG of 5.9
- Rich enterprise valuation - EV/EBITDA of 27.8x
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | PVRINOX | 1201.20 | 26.53 | 11795.78 | 0.00 | 56.50 | 203.67 | 1622.20 | 10.42 | 11.51 | 32.59 |
| 2. | SAREGAMA | 508.35 | 44.26 | 9801.47 | 0.89 | 518.80 | 1320.98 | 2636.00 | 1174.85 | 19.90 | 35.40 |
| 3. | TIPSMUSIC | 652.30 | 0.00 | 8338.45 | 1.99 | 43.70 | -4.67 | 106.51 | 20.94 | 124.42 | 50.27 |
| 4. | PANORAMA | 45.95 | 49.58 | 1197.16 | 0.00 | 127.15 | 3529.75 | 1830.70 | 1242.65 | 28.17 | 10.94 |
| 5. | BALAJITELE | 91.61 | 0.00 | 1116.75 | 0.00 | 22.39 | 476.59 | 240.29 | 229.94 | -1.16 | 10.71 |
| 6. | AQYLON | 23.91 | 0.00 | 606.67 | 0.00 | -1.85 | -3535.19 | 0.04 | -96.33 | -45.28 | -1750.00 |
| 7. | CINELINE | 85.72 | 0.00 | 326.70 | 1.46 | -12.47 | -91.95 | 55.01 | 48.56 | -3.12 | -78.71 |
| 8. | UFO | 64.85 | 10.48 | 251.78 | 0.00 | 5.64 | -13.50 | 110.69 | 3.81 | 12.77 | 16.36 |
| 9. | TIPSFILMS | 352.85 | 0.00 | 152.53 | 0.00 | -29.41 | -720.49 | 47.96 | -49.71 | -26.64 | -61.48 |
| 10. | BAGFILMS | 4.41 | 20.47 | 96.10 | 0.00 | 3.57 | 58.90 | 38.59 | 22.62 | 7.68 | 18.58 |
| 11. | CINEVISTA | 14.53 | 13.67 | 83.46 | 0.00 | 1.00 | 0.70 | 7.49 | 61.77 | 14.45 | 31.09 |
| 12. | PNC | 17.70 | 0.00 | 25.61 | 0.00 | -0.77 | -224.76 | 1.57 | -92.57 | -1.72 | -51.56 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 163 | 172 | 204 | 263 | 205 | 242 | 483 | 241 | 207 | 230 | 260 | 287 | 264 | |
| 113 | 111 | 139 | 193 | 154 | 181 | 399 | 160 | 151 | 161 | 169 | 166 | 196 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 18 | 13 | 15 | 18 | 12 | 13 | 16 | 18 | 14 | 11 | 7 | 9 | 4 |
| Interest | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 5 | 1 | 1 | 1 | 2 | 2 |
| Depreciation | 7 | 8 | 9 | 12 | 13 | 14 | 15 | 17 | 17 | 19 | 21 | 24 | 24 |
| 59 | 66 | 70 | 76 | 51 | 59 | 84 | 82 | 51 | 60 | 70 | 103 | 71 | |
| Tax % | 26.68% | 26.84% | 25.30% | 29.11% | 26.84% | 24.20% | 26.18% | 26.66% | 28.48% | 27.07% | 26.29% | 28.46% | 26.42% |
| Net Profit | 0 | 0 | 0 | 0 | 37 | 45 | 62 | 60 | 37 | 44 | 51 | 74 | 52 |
| 2 | 2 | 3 | 3 | 2 | 2 | 3 | 3 | 2 | 2 | 3 | 4 | 0 | |
| Equity Capital | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 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% |
| Equity Capital | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 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% |
Jun 2023
- 163
- 113
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 1
- Depreciation
- 7
- 59
- Tax %
- 26.68%
- Net Profit
- 0
- 2
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 172
- 111
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 0
- Depreciation
- 8
- 66
- Tax %
- 26.84%
- Net Profit
- 0
- 2
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 204
- 139
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 1
- Depreciation
- 9
- 70
- Tax %
- 25.30%
- Net Profit
- 0
- 3
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 263
- 193
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 0
- Depreciation
- 12
- 76
- Tax %
- 29.11%
- Net Profit
- 0
- 3
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 205
- 154
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 0
- Depreciation
- 13
- 51
- Tax %
- 26.84%
- Net Profit
- 37
- 2
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 242
- 181
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 0
- Depreciation
- 14
- 59
- Tax %
- 24.20%
- Net Profit
- 45
- 2
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 483
- 399
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 0
- Depreciation
- 15
- 84
- Tax %
- 26.18%
- Net Profit
- 62
- 3
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 241
- 160
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 5
- Depreciation
- 17
- 82
- Tax %
- 26.66%
- Net Profit
- 60
- 3
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 207
- 151
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 1
- Depreciation
- 17
- 51
- Tax %
- 28.48%
- Net Profit
- 37
- 2
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 230
- 161
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 1
- Depreciation
- 19
- 60
- Tax %
- 27.07%
- Net Profit
- 44
- 2
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 260
- 169
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 1
- Depreciation
- 21
- 70
- Tax %
- 26.29%
- Net Profit
- 51
- 3
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 287
- 166
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 2
- Depreciation
- 24
- 103
- Tax %
- 28.46%
- Net Profit
- 74
- 4
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 264
- 196
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 2
- Depreciation
- 24
- 71
- Tax %
- 26.42%
- Net Profit
- 52
- 0
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 222 | 218 | 357 | 545 | 521 | 442 | 576 | 737 | 803 | 1,171 | 1,041 | |
| 207 | 209 | 320 | 511 | 461 | 312 | 377 | 516 | 562 | 894 | 692 | |
| Operating Profit | 27 | 23 | 46 | 95 | 72 | 161 | 234 | 275 | 310 | 335 | — |
| OPM % | 12 | 10 | 13 | 17 | 14 | 36 | 41 | 37 | 39 | 29 | — |
| Other Income | 12 | 13 | 10 | 61 | 11 | 31 | 35 | 54 | 69 | 58 | 32 |
| Interest | 0 | 2 | 3 | 7 | 7 | 3 | 5 | 6 | 3 | 6 | 7 |
| Depreciation | 5 | 4 | 4 | 3 | 5 | 6 | 13 | 21 | 36 | 58 | 88 |
| 9 | 16 | 39 | 85 | 60 | 152 | 216 | 248 | 271 | 276 | 303 | |
| Tax % | 25 | 46 | 27 | 36 | 28 | 25 | 24 | 25 | 27 | 26 | 27 |
| Net Profit | 7 | 9 | 28 | 54 | 43 | 113 | 164 | 185 | 198 | 204 | 221 |
| EPS | 4 | 5 | 16 | 31 | 25 | 65 | 84 | 10 | 10 | 11 | — |
| Dividend Payout % | 38 | 31 | 18 | 10 | 6 | 31 | 38 | 31 | 39 | 42 | — |
| Minority Interest | -0 | -0 | 0 | -0 | 0 | -1 | -0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Adjusted EPS | 0 | 0 | 2 | 3 | 3 | 6 | 8 | 10 | 10 | 11 | — |
| Minority Interest | -0 | -0 | 0 | -0 | 0 | -1 | -0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Adjusted EPS | 0 | 0 | 2 | 3 | 3 | 6 | 8 | 10 | 10 | 11 | — |
Mar 2016
- 222
- 207
- Operating Profit
- 27
- OPM %
- 12
- Other Income
- 12
- Interest
- 0
- Depreciation
- 5
- 9
- Tax %
- 25
- Net Profit
- 7
- EPS
- 4
- Dividend Payout %
- 38
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2017
- 218
- 209
- Operating Profit
- 23
- OPM %
- 10
- Other Income
- 13
- Interest
- 2
- Depreciation
- 4
- 16
- Tax %
- 46
- Net Profit
- 9
- EPS
- 5
- Dividend Payout %
- 31
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2018
- 357
- 320
- Operating Profit
- 46
- OPM %
- 13
- Other Income
- 10
- Interest
- 3
- Depreciation
- 4
- 39
- Tax %
- 27
- Net Profit
- 28
- EPS
- 16
- Dividend Payout %
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2019
- 545
- 511
- Operating Profit
- 95
- OPM %
- 17
- Other Income
- 61
- Interest
- 7
- Depreciation
- 3
- 85
- Tax %
- 36
- Net Profit
- 54
- EPS
- 31
- Dividend Payout %
- 10
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2020
- 521
- 461
- Operating Profit
- 72
- OPM %
- 14
- Other Income
- 11
- Interest
- 7
- Depreciation
- 5
- 60
- Tax %
- 28
- Net Profit
- 43
- EPS
- 25
- Dividend Payout %
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2021
- 442
- 312
- Operating Profit
- 161
- OPM %
- 36
- Other Income
- 31
- Interest
- 3
- Depreciation
- 6
- 152
- Tax %
- 25
- Net Profit
- 113
- EPS
- 65
- Dividend Payout %
- 31
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2022
- 576
- 377
- Operating Profit
- 234
- OPM %
- 41
- Other Income
- 35
- Interest
- 5
- Depreciation
- 13
- 216
- Tax %
- 24
- Net Profit
- 164
- EPS
- 84
- Dividend Payout %
- 38
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2023
- 737
- 516
- Operating Profit
- 275
- OPM %
- 37
- Other Income
- 54
- Interest
- 6
- Depreciation
- 21
- 248
- Tax %
- 25
- Net Profit
- 185
- EPS
- 10
- Dividend Payout %
- 31
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2024
- 803
- 562
- Operating Profit
- 310
- OPM %
- 39
- Other Income
- 69
- Interest
- 3
- Depreciation
- 36
- 271
- Tax %
- 27
- Net Profit
- 198
- EPS
- 10
- Dividend Payout %
- 39
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2025
- 1,171
- 894
- Operating Profit
- 335
- OPM %
- 29
- Other Income
- 58
- Interest
- 6
- Depreciation
- 58
- 276
- Tax %
- 26
- Net Profit
- 204
- EPS
- 11
- Dividend Payout %
- 42
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
TTM
- 1,041
- 692
- Operating Profit
- —
- OPM %
- —
- Other Income
- 32
- Interest
- 7
- Depreciation
- 88
- 303
- Tax %
- 27
- Net Profit
- 221
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 1
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 1
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 20%
- 5 Years:
- 18%
- 3 Years:
- 27%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 41%
- 5 Years:
- 36%
- 3 Years:
- 10%
STOCK PRICE CAGR
- 10 Years:
- 36%
- 5 Years:
- 10%
- 3 Years:
- 9%
- 1 Year:
- 7%
RETURN ON EQUITY
- 10 Years:
- 15%
- 5 Years:
- 19%
- 3 Years:
- 15%
- Last Year:
- 15%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 17 | 17 | 17 | 17 | 17 | 17 | 19 | 19 | 19 | 19 |
| 157 | 322 | 364 | 411 | 376 | 486 | 1,357 | 1,320 | 1,438 | 1,551 | |
| 4 | 3 | 16 | 64 | 9 | 0 | 0 | 0 | 2 | 0 | |
| Trade Payables | 30 | 38 | 40 | 56 | 58 | 56 | 65 | 70 | 93 | 128 |
| 82 | 140 | 192 | 232 | 250 | 353 | 427 | 295 | 481 | 398 | |
| Total Liabilities | 290 | 521 | 629 | 780 | 711 | 913 | 1,868 | 1,704 | 2,034 | 2,095 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 85 | 196 | 195 | 213 | 217 | 224 | 276 | 336 | 740 | 833 | |
| 40 | 132 | 151 | 148 | 75 | 137 | 676 | 239 | 118 | 111 | |
| 1 | 10 | 49 | 96 | 94 | 69 | 105 | 164 | 239 | 240 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 159 | 143 | |
| Cash & Bank | 26 | 19 | 11 | 7 | 9 | 145 | 324 | 508 | 542 | 544 |
| 138 | 164 | 223 | 316 | 316 | 339 | 487 | 457 | 236 | 224 | |
| Total Assets | 290 | 521 | 629 | 780 | 711 | 913 | 1,868 | 1,704 | 2,034 | 2,095 |
| Total Debt | 4 | 3 | 16 | 64 | 9 | 0 | 0 | 0 | 2 | 0 |
| Net Working Capital | 36 | 52 | 71 | 122 | 149 | 212 | 986 | 944 | 925 | 784 |
| Contingent Liabilities | 29 | 27 | 45 | 59 | 63 | 58 | 83 | 97 | 130 | 129 |
| Book Value per Share | 82.70 | 135.67 | 159.90 | 186.51 | 166.39 | 229.61 | 656.56 | 63.70 | 69.84 | 75.68 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 4 | 3 | 16 | 64 | 9 | 0 | 0 | 0 | 2 | 0 |
| Net Working Capital | 36 | 52 | 71 | 122 | 149 | 212 | 986 | 944 | 925 | 784 |
| Contingent Liabilities | 29 | 27 | 45 | 59 | 63 | 58 | 83 | 97 | 130 | 129 |
| Book Value per Share | 82.70 | 135.67 | 159.90 | 186.51 | 166.39 | 229.61 | 656.56 | 63.70 | 69.84 | 75.68 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 1.00 | 1.00 | 1.00 |
Mar 2016
- Equity Capital
- 17
- 157
- 4
- Trade Payables
- 30
- 82
- Total Liabilities
- 290
- 85
- 40
- 1
- 0
- Cash & Bank
- 26
- 138
- Total Assets
- 290
- Total Debt
- 4
- Net Working Capital
- 36
- Contingent Liabilities
- 29
- Book Value per Share
- 82.70
- Face Value
- 10.00
- Total Debt
- 4
- Net Working Capital
- 36
- Contingent Liabilities
- 29
- Book Value per Share
- 82.70
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 17
- 322
- 3
- Trade Payables
- 38
- 140
- Total Liabilities
- 521
- 196
- 132
- 10
- 0
- Cash & Bank
- 19
- 164
- Total Assets
- 521
- Total Debt
- 3
- Net Working Capital
- 52
- Contingent Liabilities
- 27
- Book Value per Share
- 135.67
- Face Value
- 10.00
- Total Debt
- 3
- Net Working Capital
- 52
- Contingent Liabilities
- 27
- Book Value per Share
- 135.67
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 17
- 364
- 16
- Trade Payables
- 40
- 192
- Total Liabilities
- 629
- 195
- 151
- 49
- 0
- Cash & Bank
- 11
- 223
- Total Assets
- 629
- Total Debt
- 16
- Net Working Capital
- 71
- Contingent Liabilities
- 45
- Book Value per Share
- 159.90
- Face Value
- 10.00
- Total Debt
- 16
- Net Working Capital
- 71
- Contingent Liabilities
- 45
- Book Value per Share
- 159.90
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 17
- 411
- 64
- Trade Payables
- 56
- 232
- Total Liabilities
- 780
- 213
- 148
- 96
- 0
- Cash & Bank
- 7
- 316
- Total Assets
- 780
- Total Debt
- 64
- Net Working Capital
- 122
- Contingent Liabilities
- 59
- Book Value per Share
- 186.51
- Face Value
- 10.00
- Total Debt
- 64
- Net Working Capital
- 122
- Contingent Liabilities
- 59
- Book Value per Share
- 186.51
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 17
- 376
- 9
- Trade Payables
- 58
- 250
- Total Liabilities
- 711
- 217
- 75
- 94
- 0
- Cash & Bank
- 9
- 316
- Total Assets
- 711
- Total Debt
- 9
- Net Working Capital
- 149
- Contingent Liabilities
- 63
- Book Value per Share
- 166.39
- Face Value
- 10.00
- Total Debt
- 9
- Net Working Capital
- 149
- Contingent Liabilities
- 63
- Book Value per Share
- 166.39
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 17
- 486
- 0
- Trade Payables
- 56
- 353
- Total Liabilities
- 913
- 224
- 137
- 69
- 0
- Cash & Bank
- 145
- 339
- Total Assets
- 913
- Total Debt
- 0
- Net Working Capital
- 212
- Contingent Liabilities
- 58
- Book Value per Share
- 229.61
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 212
- Contingent Liabilities
- 58
- Book Value per Share
- 229.61
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 19
- 1,357
- 0
- Trade Payables
- 65
- 427
- Total Liabilities
- 1,868
- 276
- 676
- 105
- 0
- Cash & Bank
- 324
- 487
- Total Assets
- 1,868
- Total Debt
- 0
- Net Working Capital
- 986
- Contingent Liabilities
- 83
- Book Value per Share
- 656.56
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 986
- Contingent Liabilities
- 83
- Book Value per Share
- 656.56
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 19
- 1,320
- 0
- Trade Payables
- 70
- 295
- Total Liabilities
- 1,704
- 336
- 239
- 164
- 0
- Cash & Bank
- 508
- 457
- Total Assets
- 1,704
- Total Debt
- 0
- Net Working Capital
- 944
- Contingent Liabilities
- 97
- Book Value per Share
- 63.70
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 944
- Contingent Liabilities
- 97
- Book Value per Share
- 63.70
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 19
- 1,438
- 2
- Trade Payables
- 93
- 481
- Total Liabilities
- 2,034
- 740
- 118
- 239
- 159
- Cash & Bank
- 542
- 236
- Total Assets
- 2,034
- Total Debt
- 2
- Net Working Capital
- 925
- Contingent Liabilities
- 130
- Book Value per Share
- 69.84
- Face Value
- 1.00
- Total Debt
- 2
- Net Working Capital
- 925
- Contingent Liabilities
- 130
- Book Value per Share
- 69.84
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 19
- 1,551
- 0
- Trade Payables
- 128
- 398
- Total Liabilities
- 2,095
- 833
- 111
- 240
- 143
- Cash & Bank
- 544
- 224
- Total Assets
- 2,095
- Total Debt
- 0
- Net Working Capital
- 784
- Contingent Liabilities
- 129
- Book Value per Share
- 75.68
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 784
- Contingent Liabilities
- 129
- Book Value per Share
- 75.68
- Face Value
- 1.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 32 | -4 | -19 | -36 | 79 | 190 | 94 | 93 | 93 | 331 | |
| Cash from Investing | -4 | 0 | -0 | -6 | -5 | -136 | -630 | -148 | 17 | -221 |
| Cash from Financing | -8 | -3 | 9 | 38 | -72 | -49 | 677 | -75 | -85 | -99 |
| 20 | -7 | -10 | -4 | 2 | 4 | 141 | -130 | 25 | 12 | |
| Free Cash Flow | 24 | -4 | -21 | -57 | 72 | 179 | 30 | 14 | -347 | 154 |
| OCF / Net Profit | 4.64 | -0.42 | -0.67 | -0.66 | 1.82 | 1.67 | 0.57 | 0.50 | 0.47 | 1.62 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 14 | 168 | 202 | 237 | -53 | 30 |
| OCF / Net Profit | 4.64 | -0.42 | -0.67 | -0.66 | 1.82 | 1.67 | 0.57 | 0.50 | 0.47 | 1.62 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 14 | 168 | 202 | 237 | -53 | 30 |
Mar 2016
- 32
- Cash from Investing
- -4
- Cash from Financing
- -8
- 20
- Free Cash Flow
- 24
- OCF / Net Profit
- 4.64
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 4.64
- Cumulative 5-Year FCF
- 0
Mar 2017
- -4
- Cash from Investing
- 0
- Cash from Financing
- -3
- -7
- Free Cash Flow
- -4
- OCF / Net Profit
- -0.42
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.42
- Cumulative 5-Year FCF
- 0
Mar 2018
- -19
- Cash from Investing
- -0
- Cash from Financing
- 9
- -10
- Free Cash Flow
- -21
- OCF / Net Profit
- -0.67
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.67
- Cumulative 5-Year FCF
- 0
Mar 2019
- -36
- Cash from Investing
- -6
- Cash from Financing
- 38
- -4
- Free Cash Flow
- -57
- OCF / Net Profit
- -0.66
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.66
- Cumulative 5-Year FCF
- 0
Mar 2020
- 79
- Cash from Investing
- -5
- Cash from Financing
- -72
- 2
- Free Cash Flow
- 72
- OCF / Net Profit
- 1.82
- Cumulative 5-Year FCF
- 14
- OCF / Net Profit
- 1.82
- Cumulative 5-Year FCF
- 14
Mar 2021
- 190
- Cash from Investing
- -136
- Cash from Financing
- -49
- 4
- Free Cash Flow
- 179
- OCF / Net Profit
- 1.67
- Cumulative 5-Year FCF
- 168
- OCF / Net Profit
- 1.67
- Cumulative 5-Year FCF
- 168
Mar 2022
- 94
- Cash from Investing
- -630
- Cash from Financing
- 677
- 141
- Free Cash Flow
- 30
- OCF / Net Profit
- 0.57
- Cumulative 5-Year FCF
- 202
- OCF / Net Profit
- 0.57
- Cumulative 5-Year FCF
- 202
Mar 2023
- 93
- Cash from Investing
- -148
- Cash from Financing
- -75
- -130
- Free Cash Flow
- 14
- OCF / Net Profit
- 0.50
- Cumulative 5-Year FCF
- 237
- OCF / Net Profit
- 0.50
- Cumulative 5-Year FCF
- 237
Mar 2024
- 93
- Cash from Investing
- 17
- Cash from Financing
- -85
- 25
- Free Cash Flow
- -347
- OCF / Net Profit
- 0.47
- Cumulative 5-Year FCF
- -53
- OCF / Net Profit
- 0.47
- Cumulative 5-Year FCF
- -53
Mar 2025
- 331
- Cash from Investing
- -221
- Cash from Financing
- -99
- 12
- Free Cash Flow
- 154
- OCF / Net Profit
- 1.62
- Cumulative 5-Year FCF
- 30
- OCF / Net Profit
- 1.62
- Cumulative 5-Year FCF
- 30
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 3.93 | 4.83 | 16.38 | 31.08 | 25.21 | 64.58 | 79.15 | 9.61 | 10.25 | 10.59 |
| Book Value (₹) | 82.70 | 135.67 | 159.90 | 186.51 | 166.39 | 229.61 | 656.56 | 63.70 | 69.84 | 75.68 |
| Dividend per Share (₹) | 1.50 | 1.50 | 3.00 | 3.00 | 1.50 | 20.00 | 30.00 | 3.00 | 4.00 | 4.50 |
| Cash EPS (₹) | 0.71 | 0.75 | 1.86 | 3.31 | 2.76 | 6.83 | 9.20 | 10.68 | 12.12 | 13.61 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 12.01% | 10.40% | 13.02% | 17.36% | 13.75% | 36.42% | 40.56% | 37.28% | 30.07% | 23.65% |
| Net Margin % | 3.10% | 3.96% | 7.94% | 9.97% | 8.34% | 25.67% | 28.53% | 25.12% | 24.60% | 17.44% |
| ROE % | 4.88% | 4.55% | 11.00% | 18.02% | 14.15% | 32.88% | 19.73% | 14.84% | 15.35% | 14.56% |
| ROCE % | 6.55% | 9.46% | 15.85% | 26.72% | 19.35% | 43.96% | 26.45% | 20.32% | 21.15% | 19.90% |
| 2.47% | 2.13% | 4.92% | 7.71% | 5.84% | 13.98% | 11.82% | 10.36% | 10.57% | 9.89% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 83 | 82 | 64 | 61 | 76 | 81 | 62 | 63 | 70 | 47 |
| Inventory Days | 5 | 10 | 31 | 49 | 66 | 67 | 55 | 67 | 92 | 75 |
| Payable Days | 1434 | -5139 | 208 | 101 | 191 | 458 | 523 | 569 | 353 | 300 |
| -1346 | 5231 | -113 | 9 | -48 | -310 | -406 | -439 | -192 | -178 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.03x | 0.01x | 0.06x | 0.20x | 0.03x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Interest Coverage (x) | 20.00x | 7.77x | 12.56x | 13.91x | 9.99x | 45.02x | 48.83x | 44.41x | 84.52x | 49.08x |
| 1.30x | 1.39x | 1.36x | 1.42x | 1.57x | 1.61x | 3.31x | 4.07x | 4.12x | 2.87x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 18.84% | -1.44% | 63.20% | 52.76% | -4.27% | -15.25% | 30.37% | 27.84% | 9.01% | 45.87% |
| Operating Profit Growth % | 21.19% | -14.69% | 104.46% | 103.62% | -24.18% | 124.50% | 45.20% | 17.49% | 12.96% | 8.01% |
| Net Profit Growth % | 9.59% | 25.96% | 227.24% | 91.96% | -19.94% | 160.87% | 44.89% | 12.56% | 6.76% | 3.38% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 6.61% | 3.37% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 33.79x | 48.29x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 4.96x | 6.76x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.16% | 0.88% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 19.78x | 27.82x |
Mar 2016
- EPS (₹)
- 3.93
- Book Value (₹)
- 82.70
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 0.71
- Operating Margin %
- 12.01%
- Net Margin %
- 3.10%
- ROE %
- 4.88%
- ROCE %
- 6.55%
- 2.47%
- Debtor Days
- 83
- Inventory Days
- 5
- Payable Days
- 1434
- -1346
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 20.00x
- 1.30x
- Revenue Growth %
- 18.84%
- Operating Profit Growth %
- 21.19%
- Net Profit Growth %
- 9.59%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 4.83
- Book Value (₹)
- 135.67
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 0.75
- Operating Margin %
- 10.40%
- Net Margin %
- 3.96%
- ROE %
- 4.55%
- ROCE %
- 9.46%
- 2.13%
- Debtor Days
- 82
- Inventory Days
- 10
- Payable Days
- -5139
- 5231
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 7.77x
- 1.39x
- Revenue Growth %
- -1.44%
- Operating Profit Growth %
- -14.69%
- Net Profit Growth %
- 25.96%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 16.38
- Book Value (₹)
- 159.90
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 1.86
- Operating Margin %
- 13.02%
- Net Margin %
- 7.94%
- ROE %
- 11.00%
- ROCE %
- 15.85%
- 4.92%
- Debtor Days
- 64
- Inventory Days
- 31
- Payable Days
- 208
- -113
- Debt to Equity (x)
- 0.06x
- Interest Coverage (x)
- 12.56x
- 1.36x
- Revenue Growth %
- 63.20%
- Operating Profit Growth %
- 104.46%
- Net Profit Growth %
- 227.24%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 31.08
- Book Value (₹)
- 186.51
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 3.31
- Operating Margin %
- 17.36%
- Net Margin %
- 9.97%
- ROE %
- 18.02%
- ROCE %
- 26.72%
- 7.71%
- Debtor Days
- 61
- Inventory Days
- 49
- Payable Days
- 101
- 9
- Debt to Equity (x)
- 0.20x
- Interest Coverage (x)
- 13.91x
- 1.42x
- Revenue Growth %
- 52.76%
- Operating Profit Growth %
- 103.62%
- Net Profit Growth %
- 91.96%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 25.21
- Book Value (₹)
- 166.39
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 2.76
- Operating Margin %
- 13.75%
- Net Margin %
- 8.34%
- ROE %
- 14.15%
- ROCE %
- 19.35%
- 5.84%
- Debtor Days
- 76
- Inventory Days
- 66
- Payable Days
- 191
- -48
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 9.99x
- 1.57x
- Revenue Growth %
- -4.27%
- Operating Profit Growth %
- -24.18%
- Net Profit Growth %
- -19.94%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 64.58
- Book Value (₹)
- 229.61
- Dividend per Share (₹)
- 20.00
- Cash EPS (₹)
- 6.83
- Operating Margin %
- 36.42%
- Net Margin %
- 25.67%
- ROE %
- 32.88%
- ROCE %
- 43.96%
- 13.98%
- Debtor Days
- 81
- Inventory Days
- 67
- Payable Days
- 458
- -310
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 45.02x
- 1.61x
- Revenue Growth %
- -15.25%
- Operating Profit Growth %
- 124.50%
- Net Profit Growth %
- 160.87%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 79.15
- Book Value (₹)
- 656.56
- Dividend per Share (₹)
- 30.00
- Cash EPS (₹)
- 9.20
- Operating Margin %
- 40.56%
- Net Margin %
- 28.53%
- ROE %
- 19.73%
- ROCE %
- 26.45%
- 11.82%
- Debtor Days
- 62
- Inventory Days
- 55
- Payable Days
- 523
- -406
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 48.83x
- 3.31x
- Revenue Growth %
- 30.37%
- Operating Profit Growth %
- 45.20%
- Net Profit Growth %
- 44.89%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 9.61
- Book Value (₹)
- 63.70
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 10.68
- Operating Margin %
- 37.28%
- Net Margin %
- 25.12%
- ROE %
- 14.84%
- ROCE %
- 20.32%
- 10.36%
- Debtor Days
- 63
- Inventory Days
- 67
- Payable Days
- 569
- -439
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 44.41x
- 4.07x
- Revenue Growth %
- 27.84%
- Operating Profit Growth %
- 17.49%
- Net Profit Growth %
- 12.56%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 10.25
- Book Value (₹)
- 69.84
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 12.12
- Operating Margin %
- 30.07%
- Net Margin %
- 24.60%
- ROE %
- 15.35%
- ROCE %
- 21.15%
- 10.57%
- Debtor Days
- 70
- Inventory Days
- 92
- Payable Days
- 353
- -192
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 84.52x
- 4.12x
- Revenue Growth %
- 9.01%
- Operating Profit Growth %
- 12.96%
- Net Profit Growth %
- 6.76%
- 6.61%
- P/E (x)
- 33.79x
- P/B (x)
- 4.96x
- Dividend Yield %
- 1.16%
- 19.78x
Mar 2025
- EPS (₹)
- 10.59
- Book Value (₹)
- 75.68
- Dividend per Share (₹)
- 4.50
- Cash EPS (₹)
- 13.61
- Operating Margin %
- 23.65%
- Net Margin %
- 17.44%
- ROE %
- 14.56%
- ROCE %
- 19.90%
- 9.89%
- Debtor Days
- 47
- Inventory Days
- 75
- Payable Days
- 300
- -178
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 49.08x
- 2.87x
- Revenue Growth %
- 45.87%
- Operating Profit Growth %
- 8.01%
- Net Profit Growth %
- 3.38%
- 3.37%
- P/E (x)
- 48.29x
- P/B (x)
- 6.76x
- Dividend Yield %
- 0.88%
- 27.82x
Documents
Announcements
- Copy of Newspaper Publication
2026-08-14 - Saregama India Limited has informed the Exchange about Copy of Newspaper Publication
- Updates
2026-08-12 - Saregama India Limited has informed the Exchange regarding Press Release.
Annual Reports
Credit Ratings
- Credit Rating
2026-06-26 - Saregama India Limited has informed the Exchange about Credit Rating
Concalls
Aug 2026
May 2026
Feb 2026