Overall Fundamental outlook

Business Operations:

Sector: Communication Services
Industry: 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:

Revenue projections for SAREGAMA
Revenue projections for SAREGAMA

SAREGAMA's projected revenue decline from last year is likely to make investors cautious. Lower revenues often hurt a company's bottom line, leading investors to be concerned about the company's ability to maintain profitability and deliver strong financial results in the future.

Financial Ratios:

currentRatio 0.00000
forwardPE 40.30257
debtToEquity 0.32600
earningsGrowth 0.18800
revenueGrowth 1.36700
grossMargins 0.42766
operatingMargins 0.14300
trailingEps 10.28000
forwardEps 0.00000

With earnings and revenue growth in positive territory, Saregama India Limited is projected to expand its business. This strong financial performance suggests the company will continue to grow, as increased profitability and sales drive future success.

Recommendation changes over time:

Recommendations trend for SAREGAMA
Recommendations trend for SAREGAMA


Analysts are favoring SAREGAMA with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider SAREGAMA as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.