Intraday Movement and Market Context
On 21 Nov 2025, Saregama India’s stock recorded an intraday low of Rs.376.4, representing a 3.15% drop from its previous close. This decline outpaced the sector’s movement, with the stock underperforming the media and entertainment sector by 1.92% on the day. The broader market, represented by the Sensex, opened lower at 85,347.40 points, down 285.28 points or 0.33%, and was trading near 85,359.17 points at the time of reporting. Despite the Sensex trading close to its 52-week high of 85,801.70 and maintaining bullish moving averages, Saregama India’s share price has diverged notably from this trend.
Technical Indicators and Moving Averages
The stock is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning indicates sustained downward momentum over multiple time frames. Such a pattern often signals caution among market participants and reflects the stock’s relative weakness compared to broader indices and sector peers.
Financial Performance Highlights
Recent quarterly results have shown a contraction in key financial metrics. Net sales for the quarter stood at Rs.230.03 crore, reflecting a 21.5% reduction compared to the average of the previous four quarters. Profit after tax (PAT) was reported at Rs.43.76 crore, down by 12.6% relative to the prior four-quarter average. Similarly, profit before tax excluding other income (PBT less OI) was Rs.48.63 crore, marking an 8.0% decline against the same benchmark. These figures illustrate a period of subdued revenue and profit generation for Saregama India.
Handpicked from 50, scrutinized by experts – Our recent selection, this Mid Cap from Bank - Public, is already delivering results. Don't miss next month's pick!
- - Expert-scrutinized selection
- - Already delivering results
- - Monthly focused approach
Valuation and Return Metrics
Saregama India’s return on equity (ROE) is recorded at 12%, while the price-to-book value ratio stands at 4.5. This valuation is considered relatively high when compared to the company’s historical averages and peer group valuations. Over the past year, the stock has generated a return of -15.40%, contrasting with the Sensex’s positive return of 10.63% during the same period. Despite the negative stock return, the company’s profits have shown a 6.1% rise over the year. The price/earnings to growth (PEG) ratio is noted at 6.2, indicating a valuation that may not be fully aligned with earnings growth expectations.
Long-Term Performance and Benchmark Comparison
Over the last three years, Saregama India has consistently underperformed the BSE500 index. The stock’s annual returns have lagged behind the broader market benchmark in each of these years, highlighting a trend of relative underperformance. This pattern is further emphasised by the stock’s current position near its 52-week low, while the Sensex remains close to its 52-week high.
Balance Sheet and Shareholding Structure
The company maintains a low debt-to-equity ratio, averaging zero, which suggests a conservative capital structure with minimal reliance on borrowed funds. Institutional investors hold approximately 21.98% of the company’s shares, indicating a significant stake by entities with substantial analytical resources and market insight.
Holding Saregama India from Media & Entertainment? See if there's a smarter choice! SwitchER compares it with peers and suggests superior options across market caps and sectors!
- - Peer comparison ready
- - Superior options identified
- - Cross market-cap analysis
Industry and Sector Context
Saregama India operates within the media and entertainment sector, a space characterised by rapid technological change and evolving consumer preferences. The sector’s performance has been mixed, with some companies benefiting from digital content growth while others face challenges in monetisation and content acquisition costs. Saregama India’s recent financial data and stock price movement suggest it is navigating a complex environment where revenue pressures and valuation considerations are prominent.
Summary of Current Position
The stock’s fall to Rs.376.4, its lowest level in 52 weeks, reflects a combination of subdued quarterly sales and profit figures, valuation factors, and broader market dynamics. While the Sensex and media sector indices maintain relatively stronger positions, Saregama India’s share price has diverged, signalling a period of adjustment for the company’s market valuation. The low debt profile and institutional shareholding provide some structural stability, yet the recent financial trends have contributed to the stock’s current price level.
Conclusion
Saregama India’s stock performance over the past year and recent trading session highlights the challenges faced by the company amid a competitive and evolving media landscape. The 52-week low of Rs.376.4 marks a significant milestone in the stock’s price trajectory, underscoring the importance of ongoing financial and market developments in shaping investor perceptions and valuation.
Get 2 full years of MojoOne Premium for only Rs. 12,999. Subscribe for 1 year and we'll add another year FREE. Offer valid for a limited time. Start Saving Now →
