Saregama India Ltd share Price Today

Saregama India Limited is a company that operates in retail selling cassettes and CDs and has a market capitalization of INR 5,664.19 Crores as of 25th August 2021. In the year 1946, it became a corporation by the name “The Gramophone Company of India” and was taken over by RPG Group in the year 1985. At the end of F.Y 2021, it registered combined revenue of Rs 472.82 Crores. The Bombay Stock Exchange (BSE) and National Stock Exchange have assigned the number 532163 and scrip code SAREGAMA. As of 25th August ‘2021, Saregama India limited is trading at Rs. 3,257.

Saregama is India’s oldest music label with a library of intellectual property rights with quite 120,000 songs. Saregama Limited has a distribution network of more than 28,000 retailers, film content IP rights of more than 60 films. Saregama India Limited has 23 channels on YouTube with a cumulative subscriber’s base of over 29 million. The company is pinning its growth ambitions on three pillars: monetizing the existing IP, creating new IP, and the direct-to-consumer retail business. Composure Services Private Limited is the holding company of Saregama India Limited. It has five 100% subsidiaries companies and one subsidiary company shares held 76.41%. The company generates 47.42% revenue from license fees, 38.53% revenue by selling the product like Carvaan, Mini Carvaan, Music Cards, etc., and 14.05% from films and television serials in the financial year ended on 2020. Promoters hold 59.06% shares in the company, and the rest is by public shareholders (FII, mutual funds, etc.)

For the Quarter year ending on June 2021, total revenue was Rs 107.76 Crores, up 31.64% from Rs 81.86 Crores in June 2020. The quarterly Net Profit in June 2021 was Rs. 27.19 Crores, up 72.64% from Rs. 15.75 Crores in June 2020. In June 2021, EBIT had increased to 34.77% from 28.05% in June 2020. From Rs. 9.14 in June 2020, Saregama India Limited’s EPS has risen to Rs. 15.69 in June 2021. Saregama India Limited’s stock is trading at 3,250.05 on 25th August ‘2021, which shows a return of 208.56% in the last six months and 553.21% in the previous year.

Saregama India share price as on 30 Jun 2024 is Rs. 555.45. Over the past 6 months, the Saregama India share price has increased by 50.24% and in the last one year, it has increased by 42.57%. The 52-week low for Saregama India share price was Rs. 309.6 and 52-week high was Rs. 581.4.