Saregama India Limited engages in the sound recording and publishing business in India and internationally. More Details
No risks detected for 532163 from our risk checks.
Flawless balance sheet with solid track record.
Share Price & News
How has Saregama India's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 532163 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 532163's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 532163 exceeded the Indian Entertainment industry which returned -22.7% over the past year.
Return vs Market: 532163 exceeded the Indian Market which returned 7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Saregama India's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Saregama India undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 532163 (₹769.65) is trading below our estimate of fair value (₹7058.51)
Significantly Below Fair Value: 532163 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 532163 is good value based on its PE Ratio (19x) compared to the IN Entertainment industry average (28.3x).
PE vs Market: 532163 is poor value based on its PE Ratio (19x) compared to the Indian market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: 532163 is poor value based on its PEG Ratio (13.3x)
Price to Book Ratio
PB vs Industry: 532163 is overvalued based on its PB Ratio (2.8x) compared to the IN Entertainment industry average (0.6x).
How is Saregama India forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 532163's forecast earnings growth (1.4% per year) is below the savings rate (7.2%).
Earnings vs Market: 532163's earnings (1.4% per year) are forecast to grow slower than the Indian market (24.3% per year).
High Growth Earnings: 532163's earnings are forecast to grow, but not significantly.
Revenue vs Market: 532163's revenue (25.2% per year) is forecast to grow faster than the Indian market (11.5% per year).
High Growth Revenue: 532163's revenue (25.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 532163's Return on Equity is forecast to be high in 3 years time
How has Saregama India performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532163 has high quality earnings.
Growing Profit Margin: 532163's current net profit margins (16.5%) are higher than last year (8.5%).
Past Earnings Growth Analysis
Earnings Trend: 532163's earnings have grown significantly by 32.1% per year over the past 5 years.
Accelerating Growth: 532163's earnings growth over the past year (45.2%) exceeds its 5-year average (32.1% per year).
Earnings vs Industry: 532163 earnings growth over the past year (45.2%) exceeded the Entertainment industry -33.6%.
Return on Equity
High ROE: 532163's Return on Equity (14.9%) is considered low.
How is Saregama India's financial position?
Financial Position Analysis
Short Term Liabilities: 532163's short term assets (₹3.6B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: 532163's short term assets (₹3.6B) exceed its long term liabilities (₹538.6M).
Debt to Equity History and Analysis
Debt Level: 532163 is debt free.
Reducing Debt: 532163 has no debt compared to 5 years ago when its debt to equity ratio was 3.3%.
Debt Coverage: 532163 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 532163 has no debt, therefore coverage of interest payments is not a concern.
What is Saregama India current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 532163's dividend (0.19%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.54%).
High Dividend: 532163's dividend (0.19%) is low compared to the top 25% of dividend payers in the Indian market (2.19%).
Stability and Growth of Payments
Stable Dividend: 532163 is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.
Growing Dividend: 532163 is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 532163 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 532163's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Vikram Mehra (49 yo)
Mr. Vikram Mehra has been the Managing Director and Executive Director of Saregama India Limited at RP-SANJIV GOENKA GROUP PRIVATE LIMITED since October 27, 2014. Before joining Saregama, Mr. Mehra served ...
CEO Compensation Analysis
Compensation vs Market: Vikram's total compensation ($USD803.89K) is above average for companies of similar size in the Indian market ($USD288.56K).
Compensation vs Earnings: Vikram's compensation has been consistent with company performance over the past year.
|MD & Executive Director||6.08yrs||₹59.31m||no data|
|Chief Financial Officer||2.5yrs||₹16.40m||no data|
|Company Secretary & Compliance Officer||3.25yrs||₹1.44m||no data|
|Senior Vice President of Music Retail||no data||no data||no data|
|Senior Vice President of South TV||no data||no data||no data|
|Executive Officer||5.33yrs||no data||no data|
Experienced Management: 532163's management team is considered experienced (4.3 years average tenure).
|MD & Executive Director||6.08yrs||₹59.31m||no data|
|Non-Executive Chairman||7.5yrs||₹120.00k||no data|
|Non-Executive Independent Director||5.17yrs||₹50.00k||no data|
|Non-Executive Director||7.5yrs||₹80.00k||no data|
|Non-Executive Independent Director||4.92yrs||₹80.00k||no data|
|Additional Non-Executive Independent Woman Director||0.42yr||no data||no data|
|Non-Executive Independent Director||4.92yrs||₹175.00k||no data|
|Non-Executive Independent Director||3.42yrs||₹175.00k||no data|
|Non-Executive Director||2.5yrs||₹80.00k||no data|
Experienced Board: 532163's board of directors are considered experienced (4.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Saregama India Limited's company bio, employee growth, exchange listings and data sources
- Name: Saregama India Limited
- Ticker: 532163
- Exchange: BSE
- Founded: 1901
- Industry: Movies and Entertainment
- Sector: Media
- Market Cap: ₹13.096b
- Shares outstanding: 17.43m
- Website: https://www.saregama.com
- Saregama India Limited
- 33, Jessore Road
- Dum Dum
- West Bengal
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|532163||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Oct 1995|
|SAREGAMA||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Oct 1995|
Saregama India Limited engages in the sound recording and publishing business in India and internationally. The company operates through Music, Films/TV Serials, and Publication segments. The Music segment...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/26 12:03|
|End of Day Share Price||2020/11/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.