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Saregama India Limited (SAREGAMA) Fair Value & Analysis

Communication Services · IN · Market cap ₹94.9B

SI Saregama India Limited SAREGAMA · NSE
Price₹485.75
Fair Value₹214.51
Upside-55.8%
Quality58/100
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Evidence: High Range ₹161.24 – ₹267.14

Fair value as of: Jul 3, 2026

From 16 valuation models · updated today

Share price +5.8% over the past month.

Price vs Fair Value (12 months)

₹504.51 ₹310.00 Fair Value ₹214.51 Jun 2025 Jul 2026

12‑month range ₹310.00 – ₹504.51 · fair‑value band ₹161.24 – ₹267.14 · the ₹485.75 price screens above the ₹214.51 fair value. As of Jul 3, 2026.

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Analysis

Saregama India Limited (SAREGAMA) currently trades at ₹485.75, while our model-based Fair Value estimate is ₹214.51 — implying the stock looks roughly 55.8% overvalued today. We read business quality at 58/100 (solid quality), in the Communication Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Saregama India Limited generated revenue of ₹9.8B at a net margin of 21.0%. Revenue grew 19.4% year over year. It earns a return on equity of 12.6%. The balance sheet holds a net cash position of ₹767M. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹9.8B
Revenue growth (YoY) +19.4%
Net margin 21.0%
Return on equity 12.6%
Free cash flow −₹809M FY2026
P/E ratio 46.1
More key figures
Operating margin 33.9%
EPS (TTM) ₹10.73
Dividend yield 0.9%
EPS growth (YoY) +24.1%
Net cash ₹767M FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

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 engages in the manufacture and sale of music storage device through Carvaan, Music Card, Vinyl records, etc., as well as dealing with related music rights. Its Artist Management segment manages influencers and artiste on an exclusive or non-exclusive basis. The Video segment is involved in the production and sale/telecast/broadcast of long-form and short-form video content, as well as dealing in related rights. Its 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 & earnings trend

FY2022 – FY2026 · reported fiscal years

Saregama India Limited reported revenue of ₹9.8B in FY2026 versus ₹5.8B in FY2022, a compound +14.3%/yr. Reported net income was ₹2.1B in FY2026, compounding +7.9%/yr from FY2022.

Revenue +14.3%/yr
FY22 ₹5.8B
FY23 ₹7.4B
FY24 ₹8.0B
FY25 ₹11.7B
FY26 ₹9.8B
Net income +7.9%/yr
FY22 ₹1.5B
FY23 ₹1.9B
FY24 ₹2.0B
FY25 ₹2.0B
FY26 ₹2.1B

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Similar stocks

6 more Entertainment stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
Netflix, Inc NFC €64.57 €57.58 -11%
The Walt Disney Company DIS C$11.30 C$10.79 -5%
Warner Bros. Discovery, Inc WBD $26.23 $4.82 -82%
Universal Music Group UMG €18.23 €14.73 -19%
TKO Group TKO $206.43 $174.49 -15%
Live Nation Entertainment, Inc LYV $170.56 $46.89 -73%

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Frequently asked questions

Is Saregama India Limited (SAREGAMA) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹214.51 versus a price of ₹485.75 — about −56% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SAREGAMA?
Our model-based fair value for Saregama India Limited is ₹214.51 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹485.75.
What is the quality score of SAREGAMA?
Saregama India Limited has a Quality Score of 58/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Saregama India Limited (SAREGAMA)?
Saregama India Limited reported trailing-twelve-month revenue of about ₹9.8B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of SAREGAMA?
The net profit margin of Saregama India Limited is about 21.0%, meaning it keeps roughly 21.0% of revenue as net income. Based on the latest reported figures.
Does Saregama India Limited pay a dividend?
Saregama India Limited currently shows a dividend yield of about 0.91% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.