More about Saregama India Limited
Fundamentals for Saregama India Limited
Regulatory Filings for Saregama India Limited
The Renewable Success Story Beyond Solar
Startups Mint India’s New Billionaires
India's Biggest IPO Has a Bigger Meaning
From Watches to Wealth: Titan's New Empire
Fundamentals for Saregama India Limited
Business Operations:
Sector: Communication ServicesIndustry: Entertainment
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 manufactures and sells of music storage device through Carvaan, Music Card, Vinyl records, etc., and deals with related music rights. The Artist Management segment manages influencers/artiste on an exclusive or non-exclusive basis. The Video segment engages in the production and sale/telecast/broadcast of long form and short form video contents, as well as dealing in related rights. The 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.
Revenue projections:
Saregama India Limited's revenue projections show a decrease from last year, which tends to make investors more cautious. This could have a negative impact on the company's bottom line, as lower revenues typically suggest reduced profitability and growth potential, prompting concern among investors.
Financial Ratios:
| currentRatio | 1.749000 |
|---|---|
| forwardPE | 31.449135 |
| debtToEquity | 4.281000 |
| earningsGrowth | 0.241000 |
| revenueGrowth | 0.194000 |
| grossMargins | 0.502170 |
| operatingMargins | 0.338450 |
| trailingEps | 10.740000 |
| forwardEps | 15.285000 |
The current ratio for Saregama India Limited is 1.749, indicating that the company can service its short-term debt using available cash and assets. This suggests Saregama India Limited has strong liquidity, with more than enough resources to meet its immediate financial commitments.
SAREGAMA's positive earnings and revenue growth suggest that the company is expected to expand its business. This reflects a healthy financial outlook, as SAREGAMA's increasing profits and sales signal further growth in the near future.
SAREGAMA's positive gross and operating margins highlight its profitability and operational efficiency. These strong margins demonstrate the company's ability to control costs while generating substantial revenue, contributing to a healthy financial performance.
SAREGAMA's forward EPS being higher than its trailing EPS indicates that the company is expected to achieve greater profitability this financial year. This suggests improving earnings and a stronger financial position compared to the previous year's performance.
Price projections:
The stock price of SAREGAMA has frequently been close to the lower end of analysts' projections. This trend indicates potential struggles for the company in achieving the growth anticipated by the market.
Recommendation changes over time:
With analysts showing a buy bias for SAREGAMA, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning SAREGAMA as a safe and profitable place for investors to allocate their funds and seek growth.
If you have enjoyed reading, spread the word:
Good prospects:
Companies with the best and the worst fundamentals.
Latest Regulatory Filings for NSE500
Companies with the best and the worst technicals.
SEBI's New Gateway Is Rewiring Foreign Investment in India
Why Japan Backs India’s Truckers
India's $69B Eurasian Trade Power Play