Saregama India Ltd.
•₹ 506.55-2.62%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2025 • Licence Fees: 52.9% • Events: 23.1% • Films/Television Serials: 15.7% • Sale of Products: 7.8% • Other Operating Revenue: 0.5%
PROS
- Company has delivered good profit growth of 32.9% CAGR over last 5 years
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 20.4%
- Latest quarter profit grew 30.8% YoY, showing strong momentum
- Company has delivered good sales growth of 15.1% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 0.92x)
CONS
- Operating margins have contracted to 26.8% from 38.6%
- Stock is trading at 6.8x its book value
- Growth is decelerating - 3Y profit CAGR (10.6%) trails the 5Y trend (32.9%)
- Expensive relative to growth - PEG of 4.6
- Rich enterprise valuation - EV/EBITDA of 28.7x
* 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 | 1219.35 | 26.93 | 11974.01 | 0.00 | 56.50 | 203.67 | 1622.20 | 10.42 | 11.51 | 32.59 |
| 2. | SAREGAMA | 520.10 | 45.28 | 10028.02 | 0.87 | 518.80 | 1320.98 | 2636.00 | 1174.85 | 19.90 | 35.40 |
| 3. | TIPSMUSIC | 651.90 | 0.00 | 8333.34 | 1.99 | 43.70 | -4.67 | 106.51 | 20.94 | 124.42 | 50.27 |
| 4. | PANORAMA | 45.67 | 49.28 | 1189.87 | 0.00 | 127.15 | 3529.75 | 1830.70 | 1242.65 | 28.17 | 10.94 |
| 5. | BALAJITELE | 91.43 | 0.00 | 1114.55 | 0.00 | 22.39 | 476.59 | 240.29 | 229.94 | -1.16 | 10.71 |
| 6. | AQYLON | 24.12 | 0.00 | 612.00 | 0.00 | -1.85 | -3535.19 | 0.04 | -96.33 | -45.28 | -1750.00 |
| 7. | CINELINE | 88.85 | 0.00 | 338.63 | 1.41 | -12.47 | -91.95 | 55.01 | 48.56 | -3.12 | -78.71 |
| 8. | UFO | 66.02 | 10.67 | 256.32 | 0.00 | 5.64 | -13.50 | 110.69 | 3.81 | 12.77 | 16.36 |
| 9. | TIPSFILMS | 358.15 | 0.00 | 154.82 | 0.00 | -29.41 | -720.49 | 47.96 | -49.71 | -26.64 | -61.48 |
| 10. | BAGFILMS | 4.43 | 20.56 | 96.54 | 0.00 | 3.57 | 58.90 | 38.59 | 22.62 | 7.68 | 18.58 |
| 11. | CINEVISTA | 14.47 | 13.61 | 83.11 | 0.00 | 1.00 | 0.70 | 7.49 | 61.77 | 14.45 | 31.09 |
| 12. | PNC | 18.29 | 0.00 | 26.46 | 0.00 | -0.77 | -224.76 | 1.57 | -92.57 | -1.72 | -51.56 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 162 | 171 | 187 | 238 | 173 | 213 | 407 | 216 | 177 | 195 | 210 | 238 | 208 | |
| 112 | 109 | 124 | 159 | 122 | 149 | 325 | 143 | 120 | 123 | 119 | 117 | 141 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 17 | 13 | 14 | 14 | 11 | 12 | 15 | 18 | 13 | 11 | 7 | 7 | 4 |
| Interest | 1 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 2 |
| Depreciation | 7 | 8 | 9 | 10 | 12 | 12 | 14 | 15 | 16 | 18 | 20 | 22 | 22 |
| 59 | 66 | 67 | 83 | 51 | 63 | 83 | 75 | 54 | 64 | 71 | 103 | 70 | |
| Tax % | 26.56% | 26.45% | 26.43% | 25.90% | 26.58% | 22.54% | 26.00% | 25.63% | 25.48% | 25.45% | 25.41% | 27.95% | 25.21% |
| Net Profit | 43 | 49 | 49 | 62 | 37 | 49 | 61 | 56 | 40 | 48 | 53 | 74 | 53 |
| 2 | 3 | 3 | 3 | 2 | 3 | 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
- 162
- 112
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 1
- Depreciation
- 7
- 59
- Tax %
- 26.56%
- Net Profit
- 43
- 2
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 171
- 109
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 0
- Depreciation
- 8
- 66
- Tax %
- 26.45%
- Net Profit
- 49
- 3
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 187
- 124
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 1
- Depreciation
- 9
- 67
- Tax %
- 26.43%
- Net Profit
- 49
- 3
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 238
- 159
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 1
- Depreciation
- 10
- 83
- Tax %
- 25.90%
- Net Profit
- 62
- 3
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 173
- 122
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 0
- Depreciation
- 12
- 51
- Tax %
- 26.58%
- Net Profit
- 37
- 2
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 213
- 149
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 0
- Depreciation
- 12
- 63
- Tax %
- 22.54%
- Net Profit
- 49
- 3
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 407
- 325
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 0
- Depreciation
- 14
- 83
- Tax %
- 26.00%
- Net Profit
- 61
- 3
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 216
- 143
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 0
- Depreciation
- 15
- 75
- Tax %
- 25.63%
- Net Profit
- 56
- 3
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 177
- 120
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 0
- Depreciation
- 16
- 54
- Tax %
- 25.48%
- Net Profit
- 40
- 2
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 195
- 123
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 1
- Depreciation
- 18
- 64
- Tax %
- 25.45%
- Net Profit
- 48
- 2
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 210
- 119
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 0
- Depreciation
- 20
- 71
- Tax %
- 25.41%
- Net Profit
- 53
- 3
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 238
- 117
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 1
- Depreciation
- 22
- 103
- Tax %
- 27.95%
- Net Profit
- 74
- 4
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 208
- 141
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 2
- Depreciation
- 22
- 70
- Tax %
- 25.21%
- Net Profit
- 53
- 0
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 19
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 215 | 208 | 346 | 524 | 500 | 434 | 568 | 695 | 759 | 1,009 | 852 | |
| 200 | 200 | 312 | 492 | 435 | 309 | 382 | 479 | 504 | 739 | 500 | |
| Operating Profit | 25 | 24 | 48 | 92 | 77 | 154 | 220 | 270 | 313 | 326 | — |
| OPM % | 12 | 11 | 14 | 18 | 15 | 36 | 39 | 39 | 41 | 32 | — |
| Other Income | 10 | 16 | 14 | 60 | 11 | 29 | 33 | 53 | 58 | 56 | 28 |
| Interest | 0 | 2 | 3 | 7 | 7 | 3 | 5 | 6 | 3 | 1 | 4 |
| Depreciation | 5 | 4 | 4 | 3 | 4 | 5 | 13 | 21 | 34 | 53 | 82 |
| 10 | 17 | 41 | 82 | 66 | 145 | 202 | 243 | 275 | 272 | 308 | |
| Tax % | 23 | 42 | 26 | 37 | 26 | 26 | 26 | 26 | 26 | 25 | 26 |
| Net Profit | 8 | 10 | 31 | 52 | 49 | 107 | 150 | 180 | 203 | 203 | 227 |
| EPS | 4 | 6 | 18 | 30 | 28 | 62 | 83 | 9 | 11 | 11 | — |
| Dividend Payout % | 35 | 26 | 17 | 10 | 5 | 33 | 38 | 32 | 38 | 43 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 1 | 2 | 3 | 3 | 6 | 8 | 9 | 11 | 11 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 1 | 2 | 3 | 3 | 6 | 8 | 9 | 11 | 11 | — |
Mar 2016
- 215
- 200
- Operating Profit
- 25
- OPM %
- 12
- Other Income
- 10
- Interest
- 0
- Depreciation
- 5
- 10
- Tax %
- 23
- Net Profit
- 8
- EPS
- 4
- Dividend Payout %
- 35
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2017
- 208
- 200
- Operating Profit
- 24
- OPM %
- 11
- Other Income
- 16
- Interest
- 2
- Depreciation
- 4
- 17
- Tax %
- 42
- Net Profit
- 10
- EPS
- 6
- Dividend Payout %
- 26
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2018
- 346
- 312
- Operating Profit
- 48
- OPM %
- 14
- Other Income
- 14
- Interest
- 3
- Depreciation
- 4
- 41
- Tax %
- 26
- Net Profit
- 31
- EPS
- 18
- Dividend Payout %
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2019
- 524
- 492
- Operating Profit
- 92
- OPM %
- 18
- Other Income
- 60
- Interest
- 7
- Depreciation
- 3
- 82
- Tax %
- 37
- Net Profit
- 52
- EPS
- 30
- 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
- 500
- 435
- Operating Profit
- 77
- OPM %
- 15
- Other Income
- 11
- Interest
- 7
- Depreciation
- 4
- 66
- Tax %
- 26
- Net Profit
- 49
- EPS
- 28
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2021
- 434
- 309
- Operating Profit
- 154
- OPM %
- 36
- Other Income
- 29
- Interest
- 3
- Depreciation
- 5
- 145
- Tax %
- 26
- Net Profit
- 107
- EPS
- 62
- Dividend Payout %
- 33
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2022
- 568
- 382
- Operating Profit
- 220
- OPM %
- 39
- Other Income
- 33
- Interest
- 5
- Depreciation
- 13
- 202
- Tax %
- 26
- Net Profit
- 150
- EPS
- 83
- 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
- 695
- 479
- Operating Profit
- 270
- OPM %
- 39
- Other Income
- 53
- Interest
- 6
- Depreciation
- 21
- 243
- Tax %
- 26
- Net Profit
- 180
- EPS
- 9
- Dividend Payout %
- 32
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
Mar 2024
- 759
- 504
- Operating Profit
- 313
- OPM %
- 41
- Other Income
- 58
- Interest
- 3
- Depreciation
- 34
- 275
- Tax %
- 26
- Net Profit
- 203
- EPS
- 11
- Dividend Payout %
- 38
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
Mar 2025
- 1,009
- 739
- Operating Profit
- 326
- OPM %
- 32
- Other Income
- 56
- Interest
- 1
- Depreciation
- 53
- 272
- Tax %
- 25
- Net Profit
- 203
- EPS
- 11
- Dividend Payout %
- 43
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
TTM
- 852
- 500
- Operating Profit
- —
- OPM %
- —
- Other Income
- 28
- Interest
- 4
- Depreciation
- 82
- 308
- Tax %
- 26
- Net Profit
- 227
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 19%
- 5 Years:
- 15%
- 3 Years:
- 21%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 29%
- 5 Years:
- 33%
- 3 Years:
- 11%
STOCK PRICE CAGR
- 10 Years:
- 35%
- 5 Years:
- 10%
- 3 Years:
- 8%
- 1 Year:
- 5%
RETURN ON EQUITY
- 10 Years:
- 15%
- 5 Years:
- 19%
- 3 Years:
- 15%
- Last Year:
- 15%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 173 | 324 | 365 | 409 | 391 | 490 | 1,352 | 1,310 | 1,433 | 1,545 | |
| 0 | 0 | 13 | 61 | 6 | 0 | 0 | 0 | 0 | 0 | |
| Trade Payables | 29 | 37 | 39 | 53 | 52 | 53 | 62 | 67 | 67 | 110 |
| 76 | 486 | 182 | 223 | 243 | 343 | 417 | 287 | 318 | 350 | |
| Total Liabilities | 296 | 864 | 615 | 763 | 710 | 903 | 1,850 | 1,684 | 1,838 | 2,024 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 84 | 195 | 194 | 212 | 217 | 223 | 275 | 336 | 406 | 530 | |
| 48 | 123 | 139 | 137 | 81 | 135 | 670 | 228 | 368 | 420 | |
| 1 | 10 | 47 | 92 | 89 | 65 | 103 | 162 | 224 | 230 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 144 | 126 | |
| Cash & Bank | 24 | 16 | 8 | 3 | 5 | 140 | 318 | 520 | 491 | 510 |
| 139 | 519 | 227 | 318 | 319 | 339 | 484 | 438 | 206 | 209 | |
| Total Assets | 296 | 864 | 615 | 763 | 710 | 903 | 1,850 | 1,684 | 1,838 | 2,024 |
| Total Debt | 0 | 0 | 13 | 61 | 6 | 0 | 0 | 0 | 0 | 0 |
| Net Working Capital | 44 | 58 | 80 | 126 | 156 | 212 | 958 | 916 | 873 | 712 |
| Contingent Liabilities | 29 | 27 | 45 | 59 | 63 | 58 | 83 | 97 | 130 | 129 |
| Book Value per Share | 92.37 | 136.39 | 160.12 | 185.40 | 175.00 | 231.77 | 653.52 | 63.19 | 69.59 | 75.36 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 0 | 0 | 13 | 61 | 6 | 0 | 0 | 0 | 0 | 0 |
| Net Working Capital | 44 | 58 | 80 | 126 | 156 | 212 | 958 | 916 | 873 | 712 |
| Contingent Liabilities | 29 | 27 | 45 | 59 | 63 | 58 | 83 | 97 | 130 | 129 |
| Book Value per Share | 92.37 | 136.39 | 160.12 | 185.40 | 175.00 | 231.77 | 653.52 | 63.19 | 69.59 | 75.36 |
| 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
- 173
- 0
- Trade Payables
- 29
- 76
- Total Liabilities
- 296
- 84
- 48
- 1
- 0
- Cash & Bank
- 24
- 139
- Total Assets
- 296
- Total Debt
- 0
- Net Working Capital
- 44
- Contingent Liabilities
- 29
- Book Value per Share
- 92.37
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 44
- Contingent Liabilities
- 29
- Book Value per Share
- 92.37
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 17
- 324
- 0
- Trade Payables
- 37
- 486
- Total Liabilities
- 864
- 195
- 123
- 10
- 0
- Cash & Bank
- 16
- 519
- Total Assets
- 864
- Total Debt
- 0
- Net Working Capital
- 58
- Contingent Liabilities
- 27
- Book Value per Share
- 136.39
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 58
- Contingent Liabilities
- 27
- Book Value per Share
- 136.39
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 17
- 365
- 13
- Trade Payables
- 39
- 182
- Total Liabilities
- 615
- 194
- 139
- 47
- 0
- Cash & Bank
- 8
- 227
- Total Assets
- 615
- Total Debt
- 13
- Net Working Capital
- 80
- Contingent Liabilities
- 45
- Book Value per Share
- 160.12
- Face Value
- 10.00
- Total Debt
- 13
- Net Working Capital
- 80
- Contingent Liabilities
- 45
- Book Value per Share
- 160.12
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 17
- 409
- 61
- Trade Payables
- 53
- 223
- Total Liabilities
- 763
- 212
- 137
- 92
- 0
- Cash & Bank
- 3
- 318
- Total Assets
- 763
- Total Debt
- 61
- Net Working Capital
- 126
- Contingent Liabilities
- 59
- Book Value per Share
- 185.40
- Face Value
- 10.00
- Total Debt
- 61
- Net Working Capital
- 126
- Contingent Liabilities
- 59
- Book Value per Share
- 185.40
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 17
- 391
- 6
- Trade Payables
- 52
- 243
- Total Liabilities
- 710
- 217
- 81
- 89
- 0
- Cash & Bank
- 5
- 319
- Total Assets
- 710
- Total Debt
- 6
- Net Working Capital
- 156
- Contingent Liabilities
- 63
- Book Value per Share
- 175.00
- Face Value
- 10.00
- Total Debt
- 6
- Net Working Capital
- 156
- Contingent Liabilities
- 63
- Book Value per Share
- 175.00
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 17
- 490
- 0
- Trade Payables
- 53
- 343
- Total Liabilities
- 903
- 223
- 135
- 65
- 0
- Cash & Bank
- 140
- 339
- Total Assets
- 903
- Total Debt
- 0
- Net Working Capital
- 212
- Contingent Liabilities
- 58
- Book Value per Share
- 231.77
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 212
- Contingent Liabilities
- 58
- Book Value per Share
- 231.77
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 19
- 1,352
- 0
- Trade Payables
- 62
- 417
- Total Liabilities
- 1,850
- 275
- 670
- 103
- 0
- Cash & Bank
- 318
- 484
- Total Assets
- 1,850
- Total Debt
- 0
- Net Working Capital
- 958
- Contingent Liabilities
- 83
- Book Value per Share
- 653.52
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 958
- Contingent Liabilities
- 83
- Book Value per Share
- 653.52
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 19
- 1,310
- 0
- Trade Payables
- 67
- 287
- Total Liabilities
- 1,684
- 336
- 228
- 162
- 0
- Cash & Bank
- 520
- 438
- Total Assets
- 1,684
- Total Debt
- 0
- Net Working Capital
- 916
- Contingent Liabilities
- 97
- Book Value per Share
- 63.19
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 916
- Contingent Liabilities
- 97
- Book Value per Share
- 63.19
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 19
- 1,433
- 0
- Trade Payables
- 67
- 318
- Total Liabilities
- 1,838
- 406
- 368
- 224
- 144
- Cash & Bank
- 491
- 206
- Total Assets
- 1,838
- Total Debt
- 0
- Net Working Capital
- 873
- Contingent Liabilities
- 130
- Book Value per Share
- 69.59
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 873
- Contingent Liabilities
- 130
- Book Value per Share
- 69.59
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 19
- 1,545
- 0
- Trade Payables
- 110
- 350
- Total Liabilities
- 2,024
- 530
- 420
- 230
- 126
- Cash & Bank
- 510
- 209
- Total Assets
- 2,024
- Total Debt
- 0
- Net Working Capital
- 712
- Contingent Liabilities
- 129
- Book Value per Share
- 75.36
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 712
- Contingent Liabilities
- 129
- Book Value per Share
- 75.36
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 29 | -8 | -7 | -23 | 85 | 187 | 96 | 94 | 103 | 339 | |
| Cash from Investing | -1 | 3 | -11 | -20 | -10 | -138 | -632 | -148 | -8 | -215 |
| Cash from Financing | -8 | -3 | 9 | 38 | -72 | -47 | 677 | -75 | -83 | -96 |
| 20 | -8 | -9 | -5 | 2 | 3 | 141 | -129 | 12 | 29 | |
| Free Cash Flow | 23 | -31 | -9 | -44 | 77 | 176 | 31 | 14 | -1 | 163 |
| OCF / Net Profit | 3.85 | -0.78 | -0.23 | -0.44 | 1.73 | 1.75 | 0.64 | 0.52 | 0.51 | 1.67 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 15 | 168 | 231 | 254 | 297 | 383 |
| OCF / Net Profit | 3.85 | -0.78 | -0.23 | -0.44 | 1.73 | 1.75 | 0.64 | 0.52 | 0.51 | 1.67 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 15 | 168 | 231 | 254 | 297 | 383 |
Mar 2016
- 29
- Cash from Investing
- -1
- Cash from Financing
- -8
- 20
- Free Cash Flow
- 23
- OCF / Net Profit
- 3.85
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.85
- Cumulative 5-Year FCF
- 0
Mar 2017
- -8
- Cash from Investing
- 3
- Cash from Financing
- -3
- -8
- Free Cash Flow
- -31
- OCF / Net Profit
- -0.78
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.78
- Cumulative 5-Year FCF
- 0
Mar 2018
- -7
- Cash from Investing
- -11
- Cash from Financing
- 9
- -9
- Free Cash Flow
- -9
- OCF / Net Profit
- -0.23
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.23
- Cumulative 5-Year FCF
- 0
Mar 2019
- -23
- Cash from Investing
- -20
- Cash from Financing
- 38
- -5
- Free Cash Flow
- -44
- OCF / Net Profit
- -0.44
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.44
- Cumulative 5-Year FCF
- 0
Mar 2020
- 85
- Cash from Investing
- -10
- Cash from Financing
- -72
- 2
- Free Cash Flow
- 77
- OCF / Net Profit
- 1.73
- Cumulative 5-Year FCF
- 15
- OCF / Net Profit
- 1.73
- Cumulative 5-Year FCF
- 15
Mar 2021
- 187
- Cash from Investing
- -138
- Cash from Financing
- -47
- 3
- Free Cash Flow
- 176
- OCF / Net Profit
- 1.75
- Cumulative 5-Year FCF
- 168
- OCF / Net Profit
- 1.75
- Cumulative 5-Year FCF
- 168
Mar 2022
- 96
- Cash from Investing
- -632
- Cash from Financing
- 677
- 141
- Free Cash Flow
- 31
- OCF / Net Profit
- 0.64
- Cumulative 5-Year FCF
- 231
- OCF / Net Profit
- 0.64
- Cumulative 5-Year FCF
- 231
Mar 2023
- 94
- Cash from Investing
- -148
- Cash from Financing
- -75
- -129
- Free Cash Flow
- 14
- OCF / Net Profit
- 0.52
- Cumulative 5-Year FCF
- 254
- OCF / Net Profit
- 0.52
- Cumulative 5-Year FCF
- 254
Mar 2024
- 103
- Cash from Investing
- -8
- Cash from Financing
- -83
- 12
- Free Cash Flow
- -1
- OCF / Net Profit
- 0.51
- Cumulative 5-Year FCF
- 297
- OCF / Net Profit
- 0.51
- Cumulative 5-Year FCF
- 297
Mar 2025
- 339
- Cash from Investing
- -215
- Cash from Financing
- -96
- 29
- Free Cash Flow
- 163
- OCF / Net Profit
- 1.67
- Cumulative 5-Year FCF
- 383
- OCF / Net Profit
- 1.67
- Cumulative 5-Year FCF
- 383
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 4.34 | 5.75 | 17.52 | 29.83 | 28.11 | 61.41 | 78.01 | 9.36 | 10.53 | 10.54 |
| Book Value (₹) | 92.37 | 136.39 | 160.12 | 185.40 | 175.00 | 231.77 | 653.52 | 63.19 | 69.59 | 75.36 |
| 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 (₹) | 0.74 | 0.81 | 1.97 | 3.16 | 3.07 | 6.45 | 8.48 | 10.44 | 12.30 | 13.31 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 11.64% | 11.38% | 13.97% | 17.51% | 15.39% | 35.53% | 38.63% | 38.80% | 33.56% | 26.79% |
| Net Margin % | 3.51% | 4.81% | 8.83% | 9.90% | 9.80% | 24.64% | 26.47% | 25.96% | 26.75% | 20.14% |
| ROE % | 4.76% | 5.02% | 11.82% | 17.27% | 15.61% | 30.19% | 18.08% | 14.56% | 15.86% | 14.55% |
| ROCE % | 6.32% | 9.85% | 16.81% | 26.29% | 20.70% | 41.21% | 24.78% | 20.05% | 21.68% | 19.37% |
| 2.64% | 1.73% | 4.13% | 7.54% | 6.65% | 13.26% | 10.93% | 10.21% | 11.53% | 10.53% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 91 | 92 | 71 | 66 | 81 | 84 | 63 | 68 | 71 | 49 |
| Inventory Days | 5 | 10 | 30 | 49 | 66 | 65 | 54 | 70 | 93 | 82 |
| Payable Days | 1624 | -3459 | 204 | 98 | 185 | 422 | 522 | 575 | 292 | 251 |
| -1528 | 3561 | -103 | 17 | -38 | -273 | -404 | -437 | -128 | -120 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.00x | 0.00x | 0.05x | 0.19x | 0.02x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Interest Coverage (x) | 28.16x | 8.46x | 13.21x | 13.56x | 10.80x | 43.16x | 45.75x | 43.55x | 81.41x | 304.16x |
| 1.39x | 1.12x | 1.43x | 1.45x | 1.63x | 1.62x | 3.30x | 4.05x | 4.56x | 2.87x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 18.12% | -3.11% | 66.03% | 51.72% | -4.63% | -13.17% | 30.87% | 22.32% | 9.15% | 33.01% |
| Operating Profit Growth % | 4.79% | -5.31% | 103.82% | 90.23% | -16.20% | 100.51% | 42.28% | 22.86% | 16.07% | 4.15% |
| Net Profit Growth % | -51.90% | 32.58% | 205.01% | 70.22% | -5.66% | 118.44% | 40.55% | 19.99% | 12.47% | 0.15% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 12.47% | 0.15% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 32.89x | 48.52x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 4.98x | 6.79x |
| 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 | 19.76x | 28.69x |
Mar 2016
- EPS (₹)
- 4.34
- Book Value (₹)
- 92.37
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 0.74
- Operating Margin %
- 11.64%
- Net Margin %
- 3.51%
- ROE %
- 4.76%
- ROCE %
- 6.32%
- 2.64%
- Debtor Days
- 91
- Inventory Days
- 5
- Payable Days
- 1624
- -1528
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 28.16x
- 1.39x
- Revenue Growth %
- 18.12%
- Operating Profit Growth %
- 4.79%
- Net Profit Growth %
- -51.90%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 5.75
- Book Value (₹)
- 136.39
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 0.81
- Operating Margin %
- 11.38%
- Net Margin %
- 4.81%
- ROE %
- 5.02%
- ROCE %
- 9.85%
- 1.73%
- Debtor Days
- 92
- Inventory Days
- 10
- Payable Days
- -3459
- 3561
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 8.46x
- 1.12x
- Revenue Growth %
- -3.11%
- Operating Profit Growth %
- -5.31%
- Net Profit Growth %
- 32.58%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 17.52
- Book Value (₹)
- 160.12
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 1.97
- Operating Margin %
- 13.97%
- Net Margin %
- 8.83%
- ROE %
- 11.82%
- ROCE %
- 16.81%
- 4.13%
- Debtor Days
- 71
- Inventory Days
- 30
- Payable Days
- 204
- -103
- Debt to Equity (x)
- 0.05x
- Interest Coverage (x)
- 13.21x
- 1.43x
- Revenue Growth %
- 66.03%
- Operating Profit Growth %
- 103.82%
- Net Profit Growth %
- 205.01%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 29.83
- Book Value (₹)
- 185.40
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 3.16
- Operating Margin %
- 17.51%
- Net Margin %
- 9.90%
- ROE %
- 17.27%
- ROCE %
- 26.29%
- 7.54%
- Debtor Days
- 66
- Inventory Days
- 49
- Payable Days
- 98
- 17
- Debt to Equity (x)
- 0.19x
- Interest Coverage (x)
- 13.56x
- 1.45x
- Revenue Growth %
- 51.72%
- Operating Profit Growth %
- 90.23%
- Net Profit Growth %
- 70.22%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 28.11
- Book Value (₹)
- 175.00
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 3.07
- Operating Margin %
- 15.39%
- Net Margin %
- 9.80%
- ROE %
- 15.61%
- ROCE %
- 20.70%
- 6.65%
- Debtor Days
- 81
- Inventory Days
- 66
- Payable Days
- 185
- -38
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 10.80x
- 1.63x
- Revenue Growth %
- -4.63%
- Operating Profit Growth %
- -16.20%
- Net Profit Growth %
- -5.66%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 61.41
- Book Value (₹)
- 231.77
- Dividend per Share (₹)
- 20.00
- Cash EPS (₹)
- 6.45
- Operating Margin %
- 35.53%
- Net Margin %
- 24.64%
- ROE %
- 30.19%
- ROCE %
- 41.21%
- 13.26%
- Debtor Days
- 84
- Inventory Days
- 65
- Payable Days
- 422
- -273
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 43.16x
- 1.62x
- Revenue Growth %
- -13.17%
- Operating Profit Growth %
- 100.51%
- Net Profit Growth %
- 118.44%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 78.01
- Book Value (₹)
- 653.52
- Dividend per Share (₹)
- 30.00
- Cash EPS (₹)
- 8.48
- Operating Margin %
- 38.63%
- Net Margin %
- 26.47%
- ROE %
- 18.08%
- ROCE %
- 24.78%
- 10.93%
- Debtor Days
- 63
- Inventory Days
- 54
- Payable Days
- 522
- -404
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 45.75x
- 3.30x
- Revenue Growth %
- 30.87%
- Operating Profit Growth %
- 42.28%
- Net Profit Growth %
- 40.55%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 9.36
- Book Value (₹)
- 63.19
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 10.44
- Operating Margin %
- 38.80%
- Net Margin %
- 25.96%
- ROE %
- 14.56%
- ROCE %
- 20.05%
- 10.21%
- Debtor Days
- 68
- Inventory Days
- 70
- Payable Days
- 575
- -437
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 43.55x
- 4.05x
- Revenue Growth %
- 22.32%
- Operating Profit Growth %
- 22.86%
- Net Profit Growth %
- 19.99%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 10.53
- Book Value (₹)
- 69.59
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 12.30
- Operating Margin %
- 33.56%
- Net Margin %
- 26.75%
- ROE %
- 15.86%
- ROCE %
- 21.68%
- 11.53%
- Debtor Days
- 71
- Inventory Days
- 93
- Payable Days
- 292
- -128
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 81.41x
- 4.56x
- Revenue Growth %
- 9.15%
- Operating Profit Growth %
- 16.07%
- Net Profit Growth %
- 12.47%
- 12.47%
- P/E (x)
- 32.89x
- P/B (x)
- 4.98x
- Dividend Yield %
- 1.16%
- 19.76x
Mar 2025
- EPS (₹)
- 10.54
- Book Value (₹)
- 75.36
- Dividend per Share (₹)
- 4.50
- Cash EPS (₹)
- 13.31
- Operating Margin %
- 26.79%
- Net Margin %
- 20.14%
- ROE %
- 14.55%
- ROCE %
- 19.37%
- 10.53%
- Debtor Days
- 49
- Inventory Days
- 82
- Payable Days
- 251
- -120
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 304.16x
- 2.87x
- Revenue Growth %
- 33.01%
- Operating Profit Growth %
- 4.15%
- Net Profit Growth %
- 0.15%
- 0.15%
- P/E (x)
- 48.52x
- P/B (x)
- 6.79x
- Dividend Yield %
- 0.88%
- 28.69x
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