BSE:532163

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Executive Summary

Saregama India Limited engages in the sound recording and publishing business in India and internationally. More Details


Snowflake Analysis

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.


Market Performance


7 Day Return

-0.3%

532163

0.9%

IN Entertainment

2.1%

IN Market


1 Year Return

87.3%

532163

-23.0%

IN Entertainment

7.0%

IN Market

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.


Shareholder returns

532163IndustryMarket
7 Day-0.3%0.9%2.1%
30 Day22.5%9.2%9.1%
90 Day42.8%-10.1%9.3%
1 Year87.9%87.3%-21.9%-23.0%9.0%7.0%
3 Year-9.3%-10.5%-33.6%-35.4%6.7%1.5%
5 Year106.4%101.7%-12.5%-16.0%53.5%42.0%

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

Valuation

Is Saregama India undervalued compared to its fair value and its price relative to the market?

>50%

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).


Next Steps

Future Growth

How is Saregama India forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

1.4%

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


Next Steps

Past Performance

How has Saregama India performed over the past 5 years?

32.1%

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.


Next Steps

Financial Health

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.


Balance Sheet


Next Steps

Dividend

What is Saregama India current dividend yield, its reliability and sustainability?

0.19%

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average management tenure


CEO

Vikram Mehra (49 yo)

6.08yrs

Tenure

₹59,314,000

Compensation

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.


Leadership Team

NamePositionTenureCompensationOwnership
Vikram Mehra
MD & Executive Director6.08yrs₹59.31mno data
Vineet Garg
Chief Financial Officer2.5yrs₹16.40mno data
Kamana Khetan
Company Secretary & Compliance Officer3.25yrs₹1.44mno data
Kumar Ajit
Senior Vice President of Music Retailno datano datano data
B. Vijayalakshmi
Senior Vice President of South TVno datano datano data
Rajesh Beri
Executive Officer5.33yrsno datano data

4.3yrs

Average Tenure

Experienced Management: 532163's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Vikram Mehra
MD & Executive Director6.08yrs₹59.31mno data
Sanjiv Goenka
Non-Executive Chairman7.5yrs₹120.00kno data
Umang Kanoria
Non-Executive Independent Director5.17yrs₹50.00kno data
Preeti Goenka
Non-Executive Director7.5yrs₹80.00kno data
Arindam Sarkar
Non-Executive Independent Director4.92yrs₹80.00kno data
Kusum Dadoo
Additional Non-Executive Independent Woman Director0.42yrno datano data
Santanu Bhattacharya
Non-Executive Independent Director4.92yrs₹175.00kno data
Noshir Framjee
Non-Executive Independent Director3.42yrs₹175.00kno data
Avarna Jain
Non-Executive Director2.5yrs₹80.00kno data

4.9yrs

Average Tenure

60yo

Average Age

Experienced Board: 532163's board of directors are considered experienced (4.9 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Saregama India Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Saregama India Limited
  • 33, Jessore Road
  • Dum Dum
  • Kolkata
  • West Bengal
  • 700028
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532163BSE (Mumbai Stock Exchange)YesEquity SharesININROct 1995
SAREGAMANSEI (National Stock Exchange of India)YesEquity SharesININROct 1995

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 12:03
End of Day Share Price2020/11/26 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.