Saregama India Ltd, founded in 1901, stands as a pillar in India’s entertainment industry, renowned for its extensive music catalog. The company boasts one of the largest music libraries in the country, featuring over 1.2 lakh songs that encompass a wide range of genres and languages, including Bollywood hits, classical melodies, folk tunes, and regional music. This impressive collection highlights Saregama’s historical significance and its commitment to preserving and promoting India’s rich musical heritage.
In response to the digital revolution, Saregama has strategically embraced new technologies and platforms to enhance its reach and accessibility. The company has established a strong presence on popular streaming services like YouTube, Spotify, and Apple Music, allowing its diverse catalog to engage a global audience. Beyond music, Saregama has diversified its offerings by venturing into film production, television programming, and digital content creation, leveraging its musical assets in innovative ways. This adaptability ensures that Saregama remains relevant in the ever-evolving entertainment landscape while continuing to honor its legacy as a leading custodian of Indian music.
Latest News on Saregama India Ltd
Saregama India Ltd has recently expanded its digital content portfolio through strategic acquisitions of Pocket Aces Pictures and iBubble. Pocket Aces, known for its popular web series, allows Saregama to diversify beyond music and tap into the growing demand for high-quality digital content. Meanwhile, the acquisition of iBubble, which specializes in short-form video content, positions Saregama to capitalize on the rising popularity of such formats among younger audiences. These moves highlight Saregama’s commitment to innovation and its strategic vision of becoming a key player in the evolving digital entertainment landscape.
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | |
| Promoters + | 58.83% | 59.09% | 59.09% | 59.09% | 59.22% |
| FIIs + | 17.79% | 17.12% | 16.81% | 16.05% | 17.22% |
| DIIs + | 2.27% | 2.38% | 2.62% | 2.58% | 3.22% |
| Public + | 20.86% | 21.15% | 21.22% | 22.00% | 20.07% |
| Others + | 0.24% | 0.26% | 0.26% | 0.26% | 0.26% |
| No. of Shareholders | 69,381 | 72,903 | 77,338 | 72,433 | 62,698 |
The shareholding patterns of Saregama India Ltd reveal a stable yet dynamic landscape from June 2023 to June 2024. The promoters’ stake increased slightly from 58.83% in June 2023 to 59.22% by June 2024, indicating a solid commitment to the company. Foreign Institutional Investors (FIIs) showed a decline in their holdings, dropping from 17.79% to 17.22% during the same period, while Domestic Institutional Investors (DIIs) exhibited growth, increasing their stake from 2.27% to 3.22%. This shift suggests a growing confidence among domestic investors amid a slight retreat from foreign investments.
The public shareholding fluctuated, starting at 20.86% in June 2023, peaking at 22.00% in March 2024, before declining to 20.07% by June 2024. This volatility may reflect changing market sentiments or trading activities among retail investors. Overall, the number of shareholders rose initially from 69,381 to a peak of 77,338 in December 2023, before declining to 62,698 by June 2024. This trend highlights Saregama India Ltd’s evolving investor base and the shifting dynamics in its shareholding structure.
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- Zerodha
- Upstox
- Groww
- AngelOne
- ICICIDirect
| When | Maximum Price | Minimum Price |
| November 2024 | 604.05 | 525.26 |
| December 2024 | 610.09 | 530.52 |
As we approach November 2024, Saregama India Ltd is expected to experience a maximum price of ₹604.05 and a minimum price of ₹525.26. In December 2024, the projections indicate that the maximum price will rise to ₹610.09, while the minimum price is anticipated to be ₹530.52. This upward trend suggests positive market sentiment towards Saregama India Ltd as it continues to strengthen its position in the entertainment industry.
| When | Maximum Price | Minimum Price |
| January 2025 | 616.20 | 474.00 |
| February 2025 | 622.42 | 478.78 |
| March 2025 | 635.49 | 488.84 |
| April 2025 | 629.20 | 484.00 |
| May 2025 | 610.87 | 469.90 |
| June 2025 | 638.36 | 491.05 |
| July 2025 | 625.84 | 481.42 |
| August 2025 | 645.20 | 496.31 |
| September 2025 | 652.94 | 502.26 |
| October 2025 | 669.92 | 515.32 |
| November 2025 | 686.67 | 528.21 |
| December 2025 | 717.57 | 551.98 |
As we move into January 2025, Saregama India Ltd is projected to reach a maximum price of ₹616.20, with a minimum price of ₹474.00. Throughout the year, the prices are expected to trend upward, culminating in December 2025, when the maximum price is anticipated to be ₹717.57, while the minimum price may be around ₹551.98. This trajectory reflects the company’s strong performance and growing market confidence in its operations and offerings.
| When | Maximum Price | Minimum Price |
| January 2026 | 739.09 | 568.53 |
| February 2026 | 720.62 | 554.32 |
| March 2026 | 735.03 | 565.41 |
| April 2026 | 750.03 | 576.95 |
| May 2026 | 742.60 | 571.23 |
| June 2026 | 761.17 | 585.51 |
| July 2026 | 746.24 | 574.03 |
| August 2026 | 769.32 | 591.79 |
| September 2026 | 784.71 | 603.62 |
| October 2026 | 805.11 | 619.32 |
| November 2026 | 825.24 | 634.80 |
| December 2026 | 845.87 | 650.67 |
| When | Maximum Price | Minimum Price |
| January 2027 | 854.33 | 657.18 |
| February 2027 | 876.24 | 674.03 |
| March 2027 | 910.41 | 700.32 |
| April 2027 | 892.56 | 686.58 |
| May 2027 | 866.56 | 666.59 |
| June 2027 | 905.56 | 696.58 |
| July 2027 | 887.80 | 682.92 |
| August 2027 | 915.26 | 704.05 |
| September 2027 | 947.29 | 728.69 |
| October 2027 | 971.92 | 747.63 |
| November 2027 | 996.22 | 766.32 |
| December 2027 | 1,021.13 | 785.48 |
| When | Maximum Price | Minimum Price |
| January 2028 | 1,041.55 | 801.19 |
| February 2028 | 1,068.26 | 821.73 |
| March 2028 | 1,109.92 | 853.78 |
| April 2028 | 1,088.15 | 837.04 |
| May 2028 | 1,056.46 | 812.66 |
| June 2028 | 1,104.00 | 849.23 |
| July 2028 | 1,082.35 | 832.58 |
| August 2028 | 1,115.83 | 858.33 |
| September 2028 | 1,154.88 | 888.37 |
| October 2028 | 1,184.91 | 911.47 |
| November 2028 | 1,214.53 | 934.26 |
| December 2028 | 1,244.90 | 957.61 |
| When | Maximum Price | Minimum Price |
| January 2029 | 1,269.79 | 976.76 |
| February 2029 | 1,302.35 | 1,001.81 |
| March 2029 | 1,353.14 | 1,040.88 |
| April 2029 | 1,326.61 | 1,020.47 |
| May 2029 | 1,287.97 | 990.75 |
| June 2029 | 1,345.93 | 1,035.33 |
| July 2029 | 1,319.54 | 1,015.03 |
| August 2029 | 1,360.35 | 1,046.42 |
| September 2029 | 1,407.96 | 1,083.05 |
| October 2029 | 1,444.57 | 1,111.21 |
| November 2029 | 1,480.68 | 1,138.99 |
| December 2029 | 1,517.70 | 1,167.46 |
| When | Maximum Price | Minimum Price |
| January 2030 | 1,548.06 | 1,190.81 |
| February 2030 | 1,587.75 | 1,221.35 |
| March 2030 | 1,649.67 | 1,268.98 |
| April 2030 | 1,617.33 | 1,244.10 |
| May 2030 | 1,570.22 | 1,207.86 |
| June 2030 | 1,640.88 | 1,262.21 |
| July 2030 | 1,608.70 | 1,237.47 |
| August 2030 | 1,658.46 | 1,275.74 |
| September 2030 | 1,716.50 | 1,320.39 |
| October 2030 | 1,761.13 | 1,354.72 |
| November 2030 | 1,805.16 | 1,388.59 |
| December 2030 | 1,850.29 | 1,423.30 |
In January 2030, Saregama India Ltd is expected to achieve a maximum price of ₹1,548.06, while the minimum price is projected to be ₹1,190.81. Throughout the year, prices are anticipated to show a steady upward trend, with projections indicating that by December 2030, the maximum price could reach ₹1,850.29, and the minimum price may settle at around ₹1,423.30. This anticipated growth reflects the company’s strong market position and continued investor confidence in its future prospects.
Financial Condition of Saregama India Ltd: Last 5 years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 521 | 442 | 576 | 737 | 803 | 845 |
| Expenses + | 461 | 312 | 377 | 516 | 554 | 597 |
| Operating Profit | 60 | 130 | 199 | 221 | 249 | 248 |
| OPM % | 12% | 29% | 35% | 30% | 31% | 29% |
| Other Income + | 11 | 31 | 23 | 54 | 61 | 58 |
| Interest | 7 | 3 | 5 | 6 | 3 | 2 |
| Depreciation | 5 | 6 | 13 | 21 | 36 | 42 |
| Profit before tax | 60 | 152 | 204 | 248 | 271 | 262 |
| Tax % | 28% | 25% | 25% | 25% | 27% | |
| Net Profit + | 44 | 113 | 153 | 185 | 198 | 191 |
| EPS in Rs | 2.53 | 6.47 | 7.91 | 9.6 | 10.24 | 9.9 |
| Dividend Payout % | 6% | 31% | 38% | 31% | 39% |
Saregama India has demonstrated a strong financial performance over recent years, reflecting its strategic positioning in the media and entertainment sector. The company reported consolidated sales growth from ₹521 crores in March 2020 to ₹803 crores in March 2024. This upward trajectory illustrates Saregama’s effective market strategies, bolstered by the diversification of its content portfolio, including music, films, and digital media.
Throughout this period, Saregama’s expenses increased from ₹461 crores to ₹554 crores, indicating that while the company invested in growth, it did so with a focus on maintaining profitability. The operating profit saw significant growth, rising from ₹60 crores in 2020 to ₹249 crores in 2024. This impressive performance is underpinned by a consistent operating profit margin, which peaked at 35% in March 2022, reflecting efficient cost management and operational efficiencies.
In terms of profitability, Saregama India recorded a notable increase in net profit, climbing from ₹44 crores in March 2020 to ₹198 crores in March 2024. The company’s earnings per share (EPS) also saw a substantial rise, moving from ₹2.53 to ₹10.24 over the same timeframe, showcasing strong returns for shareholders. Additionally, the dividend payout percentage has varied, with the most recent fiscal year yielding a payout of 39%, highlighting Saregama’s commitment to returning value to its investors.
FAQS
Yes, our analysis suggests that Saregama India is likely to see continued success and growth in the coming years, making it a potentially attractive investment opportunity for those looking to capitalize on the company’s long-term growth potential.
In 2025, the maximum share price target of Saregama India is projected to reach ₹717.57. This uptrend in the company’s share price is expected to suggest a continued positive outlook for Saregama India.
Can Saregama India reach 1000 INR?
Yes, Saregama India could reach 1000 INR by 2027.
By the end of 2030, the share price of Saregama India is expected to reach around ₹1,850.29.
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Conclusion
In conclusion, Saregama India Ltd has established itself as a cornerstone of India’s entertainment industry since its inception in 1901, boasting an extensive music catalog and a strategic shift into digital content and film production. Recent acquisitions underscore the company’s commitment to innovation and expansion, catering to the increasing demand for digital media. The shareholding patterns reveal a stable foundation, marked by a slight rise in promoter holdings and increasing confidence among domestic institutional investors. Saregama’s strong financial performance over the past five years highlights effective market strategies, showcasing consistent revenue growth and profitability. Looking ahead, projections for the company’s share price from 2024 to 2030 suggest a promising upward trajectory, reflecting strong market positioning and continued investor confidence. Overall, Saregama India Ltd is well-prepared to thrive in the dynamic entertainment landscape, leveraging its rich legacy and adaptability for sustained growth.
What did we learn?
- 1 Latest News on Saregama India Ltd
- 2 Shareholdings Patterns of Saregama India Ltd
- 3 How to Buy Saregama India shares?
- 4 Saregama India Share Price Prediction: 2024 to 2030
- 4.1 Saregama India Share Price Target 2024
- 4.2 Saregama India Share Price Target 2025
- 4.3 Saregama India Share Price Prediction 2026
- 4.4 Saregama India Share Price Target 2027
- 4.5 Saregama India Share Price Prediction 2028
- 4.6 Saregama India Share Price Target 2029
- 4.7 Saregama India Share Price Target 2030
- 5 Financial Condition of Saregama India Ltd: Last 5 years
- 6 FAQS
- 7 Conclusion
