Saregama India Ltd

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SAREGAMA •
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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
33.98% Gain from 52W Low
10.1
TTM PE Ratio
High in industry
40.6
Price to Book Ratio
Below industry Median
5.8
Dividend yield 1yr %
Market Runner Up
1
TTM PEG Ratio
PEG TTM is much higher than 1
15.7
RSI
RSI is mid-range
68.1
MFI
MFI Overbought
78.1

Saregama India Ltd Key Financials

*All values are in ₹ Cr.

Saregama India Ltd shareholding Pattern

Promoter
59.1%
Foreign Institutions
16.8%
Mutual Funds
0.9%
Domestic Institutions
2.6%
Public
21.2%

Saregama India Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
16
Bearish Moving Averages
0
5Day EMA
399.90
10Day EMA
387.60
12Day EMA
384.10
20Day EMA
375.30
26Day EMA
371.90
50Day EMA
366.80
100Day EMA
365.50
200Day EMA
365.90
Delivery & Volume
Resistance & Support
409.28
Pivot
Resistance
First Resistance
414.52
Second Resistance
422.73
Third Resistance
427.97
Support
First Support
401.07
Second support
395.83
Third Support
387.62
Relative Strength Index
68.12
Money Flow Index
78.07
MACD
12.17
MACD Signal
5.65
Average True Range
14.95
Average Directional Index
22.80
Rate of Change (21)
15.15
Rate of Change (125)
2.15

Saregama India Ltd Company background

Founded in: 1946
Managing director: Vikram Mehra
Saregama India Ltd (SIL) (earlier known as The Gramophone Company of India) was incorporated in August 13th, 1946 and taken over by the RPG Group in 1985 from EMI, UK. The Company is currently managed by R P Goenka, Chairman. It is engaged in manufacturing and sale of Music storage device viz. Carvaan, Music Card, Audio Compact Discs, Digital Versatile Discs and dealing with related music rights. It is also engaged in production and sale/ telecast/ broadcast of films/ TV Serials, prerecorded programmes and dealing in film rights. The Company is the most reputed audio entertainment company in Indian subcontinent. It owns nearly 2,00,000 tracks created over the last number of decades. It is estimated to own about 50% of the music ever recorded in India. It has been intimately associated with the development of Indian music from the time the first recording was made on Indian soil in 1903 the company also recorded the first song in an Indian film Alam Ara in 1931.The companys achievement covers twelve languages spread across eight musical categories new Hindi films, old Hindi films, regional films, ghazals, devotional classical, Indianpop International.The companys products are sold under the brand name of HMV and Saregama. The international market managed by Saregama Plc UK which is responsible for sales in USA, Canada, UK Europe RPG Global Music Mauritius responsible for the rest of the international teritories.To delayer the companys structure, two of its subsidiaries, Gramco Music Publishing RPG Music International were merged with it. The company restructred its operation by forming business groups centres of excellence support groups. In August 2000, it launched a portal, HamaraCD.com, to mark the beginning of the use of digital downloading. Saregama has also picked up a 42.85 per cent stake in the RPG controlled music retail chain, MusicWorld. The company has acquired four reputed South Indian music lables Sangeetha, Sargam, Pyramid and Sea Records. With the acquisition of these lables it has complete dominance in the southern regional segment. Also it has entered into contract to provide content to a radio station.In Jan. 2001, the company has decided to merge its UKbased subsidiary Saregama Plc and the Mauritiusbased RPG Global Music(RGML). The company has a 100% stake in RPG Global and 72% in Saregama Plc. The merger will bring the Gulf, African and Far Eastern markets within the arena of Saregama Plcs operations. The company ventured into production of Television Software as it is a growing segment in Entertainment Industry. By taking this venture it has got slots in Sun TV for producing Tamil Serials and it also plans to start serials in Doordarshan very soon. The installed capacity of Prerecorded Cassettes was increased to 70000000 Pcs during 200203.In June 2003, the company has transferred its Television Software Division to its wholly owned subsidiary Saregama Films Ltd.The company has expanded the installed capacity of Converted Compact Discs during the year 2004 by 88000(Nos) and with this expansion,the total capacity has risen to 118000(Nos).The Scheme of Amalgamation between Company and Saregama Films Limited, the wholly owned subsidiary, has been approved by the Honble High Court at Calcutta by its Order dated 28th November, 200, which took place effective from 31 st March, 2007.During the year 200708, Company acquired 50,000 Equity shares of Rs.10 each representing 100% of share capital of Kolkata Metro Networks Limited (KMNL) at a price of Rs.10 per share.In 2008, Company signed an agreement with Regency Media Pry Ltd., Australia, a leading manufacturer of optical media, for investingin a joint venture company in India, Saregama Regency Optimedia Private Limited, for manufacture of Compact Discs (CDs), View Compact Discs (VCDs), etc. It acquired 10,000 equity shares of Rs.10/ each in RPG Publications Pvt. Ltd. for a consideration of Rs. 1,00,000/ on 15th May, 2008, and RPG Publications became a whollyowned subsidiary of the Company.During the year 201112, the Company ventured into niche and lucrative business vertical for production, distribution andmarketing of audio and audiovisual content for children educational entertainment products including RumblenTumble Play time by Preeti Sagar, Sweet Values, etc. In 2016, Company launched two prestigious applications offering Classical Music and Devotional Music in their Music Audio Business. It acquired new film music of Hindi and Tamil films in 2017. The Company invested in 100% share capital of Saregama FZE, comprising of 100 shares of AED 1,000 each aggregating to AED 1,00,000 and consequently became Wholly Owned Subsidiary of the Company in 2019.In 2022, the Company acquired worldwide audio video rights of 436 new film and nonfilm songs, in perpetuity, with their monetization kickstarting immediately via music streaming platforms, music video licensing, social media platforms etc. It acquired over 1500 song catalogue from Mango Music, which comprises songs of over 280 Telugu films released. The Board of Directors of the Company in its meeting held on 30th March, 2022, approved the Scheme of Arrangement by demerging its ECommerce Distribution Business into Digidrive Distributors Limited, which provides for demerger, transfer and vesting of the Demerged Undertaking from the Company into Resulting Company, on a going concern basis, and in consideration, Resulting Company shall issue its equity shares to equity shareholders of the Company in same proportion of their existing holding in the Company and the existing share capital of the Resulting Company held by Company will be reduced. Pursuant to Scheme, the equity shares of Resulting Company will be listed on BSE Limited and the National Stock Exchange of India Limited.
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Saregama India Ltd FAQs

Saregama India Ltd shares are currently priced at 406.3 on NSE and 406.95 on BSE as of 2/20/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Saregama India Ltd [SAREGAMA] share was 32.18. The Saregama India Ltd [SAREGAMA] share hit a 1-year low of Rs. 283.97 and a 1-year high of Rs. 458.34.

The market cap of Saregama India Ltd is Rs. 7841.98 Cr. as of 2/20/2024 12:00:00 AM.

The PE ratios of Saregama India Ltd is 43.52 as of 2/20/2024 12:00:00 AM.

The PB ratios of Saregama India Ltd is 5.97 as of 2/20/2024 12:00:00 AM

The Mutual Fund Shareholding was 0.89% at the end of 2/20/2024 12:00:00 AM.

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