Why is Saregama India Ltd ?
1
Flat results in Sep 25
- NET SALES(Q) At Rs 230.03 cr has Fallen at -21.5% (vs previous 4Q average)
- PAT(Q) At Rs 43.76 cr has Fallen at -12.6% (vs previous 4Q average)
- PBT LESS OI(Q) At Rs 48.63 cr has Fallen at -8.0% (vs previous 4Q average)
2
With ROE of 12, it has a Expensive valuation with a 4.3 Price to Book Value
- The stock is trading at a fair value compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -28.59%, its profits have risen by 6.1% ; the PEG ratio of the company is 5.8
3
Below par performance in long term as well as near term
- Along with generating -28.59% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Media & Entertainment)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Saregama India for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Saregama India
-28.59%
-0.78
36.85%
Sensex
4.83%
0.41
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
22.39%
EBIT Growth (5y)
20.70%
EBIT to Interest (avg)
48.02
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
-0.35
Sales to Capital Employed (avg)
0.58
Tax Ratio
26.94%
Dividend Payout Ratio
42.48%
Pledged Shares
0
Institutional Holding
21.98%
ROCE (avg)
30.22%
ROE (avg)
13.93%
Valuation Key Factors 
Factor
Value
P/E Ratio
36
Industry P/E
55
Price to Book Value
4.31
EV to EBIT
29.84
EV to EBITDA
22.78
EV to Capital Employed
6.06
EV to Sales
5.67
PEG Ratio
5.82
Dividend Yield
2.43%
ROCE (Latest)
20.30%
ROE (Latest)
11.99%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
No Trend
Technical Movement
3What is working for the Company
OPERATING CF(Y)
Highest at Rs 331.20 Cr
DPR(Y)
Highest at 42.48%
-7What is not working for the Company
NET SALES(Q)
At Rs 230.03 cr has Fallen at -21.5% (vs previous 4Q average
PAT(Q)
At Rs 43.76 cr has Fallen at -12.6% (vs previous 4Q average
PBT LESS OI(Q)
At Rs 48.63 cr has Fallen at -8.0% (vs previous 4Q average
Loading Valuation Snapshot...
Here's what is working for Saregama India
Operating Cash Flow - Annually
Highest at Rs 331.20 Cr
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (Rs Cr)
Dividend Payout Ratio (DPR) - Annually
Highest at 42.48%
in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Here's what is not working for Saregama India
Net Sales - Quarterly
At Rs 230.03 cr has Fallen at -21.5% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 293.21 CrMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 43.76 cr has Fallen at -12.6% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 50.09 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 48.63 cr has Fallen at -8.0% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 52.84 CrMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)






