| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 264 | 207 | +27.5% |
| EBITDA | 93.3 | 55.3 | +68.8% |
| EBITDA margin | 35.4% | 26.7% | +8.7 pts |
| Profit before tax | 71.7 | 51.1 | +40.5% |
| Net profit | 51.9 | 36.5 | +42.1% |
| EPS | ₹2.69 | ₹1.90 | +41.6% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 10,102 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 96.0 | 96.0 | 181 | 175 | 255 | ||
| 2.5 | 2.5 | 3.4 | 3.5 | 3.4 | ||
| 70.4 | 70.4 | 0.0 | 1.7 | 0.0 | ||
| 10,079 | — | — | — | — | ||
| 1,041 | 985 | 1,171 | 803 | 737 | ||
| — | −15.9% | +45.9% | +9.0% | — | ||
| 375 | 337 | 277 | 247 | 221 | ||
| 36.0% | 34.2% | 23.7% | 30.7% | 30.0% | ||
| 287 | 255 | 219 | 210 | 200 | ||
| 221 | 206 | 204 | 198 | 185 | ||
| 21.2% | 20.9% | 17.4% | 24.6% | 25.1% | ||
| ₹11.51 | ₹10.74 | ₹10.59 | ₹10.25 | ₹9.61 | ||
| — | +1.4% | +3.4% | +6.6% | — | ||
| — | 100 | 331 | 93.3 | 93.4 | ||
| — | −214 | −162 | −92.3 | −103 | ||
| −114 | −114 | 170 | 1.0 | −9.7 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 10,101.8 | |
| - Cash, Equiv & ST Investments | 255.5 | 174.6 | 180.6 | 96.0 | 96.0 | |
| + Minority Interest | 3.4 | 3.5 | 3.4 | 2.5 | 2.5 | |
| + Total Debt | 0.0 | 1.7 | 0.0 | 70.4 | 70.4 | |
| Enterprise Value | — | — | — | — | 10,078.7 | |
| Revenue | 736.6 | 803.0 | 1,171.4 | 984.6 | 1,041.5 | |
| Growth %, YoY | — | +9.0 | +45.9 | -15.9 | — | |
| EBITDA | 221.0 | 246.6 | 277.0 | 336.8 | 374.8 | |
| Margin % | 30.00 | 30.70 | 23.65 | 34.20 | 35.99 | |
| EBIT | 200.2 | 210.4 | 218.8 | 255.2 | 287.1 | |
| Net Income | 185.1 | 197.6 | 204.2 | 206.2 | 221.1 | |
| Margin % | 25.12 | 24.60 | 17.44 | 20.94 | 21.23 | |
| EPS, Adj (current shares) | 9.61 | 10.25 | 10.59 | 10.74 | 11.51 | |
| Growth %, YoY | — | +6.6 | +3.4 | +1.4 | — | |
| Cash from Operations | 93.4 | 93.3 | 331.2 | 100.0 | — | |
| Capital Expenditures | -103.1 | -92.3 | -161.7 | -214.0 | — | |
| Free Cash Flow | -9.7 | 1.0 | 169.5 | -114.0 | -114.0 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Saregama India (NSE: SAREGAMA) had a market capitalisation of ₹10,334 crore at the 29 October 2026 close (₹536.00 a share), a PE ratio of 46.6 on the last four quarters' profit and a price-to-book ratio of 6.11. In FY26 its consolidated net profit was ₹207 crore on revenue of ₹985 crore; in Q1 FY27 (April–June 2026) it was ₹51.6 crore, up 40.6% year on year. Its debt-to-equity ratio was 0.04 on 31 March 2026. Promoters held 60.84% of the shares on 30 September 2026.
Saregama India's PE ratio is 46.6 at the 29 October 2026 close (₹536.00 a share): a market capitalisation of ₹10,334 crore divided by consolidated net profit of ₹222 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹207 crore) it is 49.9.
Saregama India's debt-to-equity ratio was 0.04 on 31 March 2026: borrowings of ₹70.4 crore against total equity of ₹1,695 crore. A year earlier, on 31 March 2025, it was 0.00.
Saregama India's net worth — shareholders' equity in its consolidated balance sheet — was ₹1,693 crore on 31 March 2026, up 6.9% from ₹1,583 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹10,334 crore at the 29 October 2026 close.
Saregama India's price-to-book (PB) ratio is 6.11 at the 29 October 2026 close: a market capitalisation of ₹10,334 crore divided by shareholders' equity (book value) of ₹1,693 crore on 31 March 2026. That is a book value of ₹87.79 per share against a share price of ₹536.00.
In FY26, Saregama India's return on equity (ROE) was 12.6% and its return on capital employed (ROCE) was 14.6%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 13.4% and ROCE 12.8%.
Saregama India's book value per share was ₹87.79 on 31 March 2026: shareholders' equity of ₹1,693 crore divided by the 19.28 crore shares in issue, up 6.9% from ₹82.13 a year earlier. The share price at the 29 October 2026 close was ₹536.00.
Saregama India's market capitalisation was ₹10,334 crore at the 29 October 2026 close: 19.28 crore shares at ₹536.00 each.
No. Saregama India had borrowings of ₹70.4 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.04. Its cash and current investments were ₹217 crore, so it held net cash of ₹147 crore.
Saregama India's basic earnings per share (EPS) were ₹10.73 in FY26, against ₹10.62 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹11.50.
Saregama India's dividend yield is 0.84% at the 29 October 2026 close: dividends of ₹4.50 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹536.00. They were ₹4.50 on 11 November 2025 (interim).
Promoters held 60.84% of Saregama India on 30 September 2026, unchanged from the previous quarter and up 1.19 percentage points from 59.65% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Saregama India generated ₹100 crore of cash from operations and spent ₹214 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹114 crore. In FY25 it was ₹170 crore.
On 30 September 2026, Saregama India's shares were held by promoters 60.84%, foreign portfolio investors (FII/FPI) 11.88%, domestic institutions (DII) 9.36% (including mutual funds at 3.65%) and retail and other non-institutional investors 17.48%. Over the year, FII holding was down 4.94 percentage points from 16.82% and DII holding was up 4.20 percentage points from 5.16%.
Saregama India's latest results are for Q1 FY27 (April–June 2026), filed on 4 August 2026: consolidated net profit ₹51.6 crore, up 40.6% from ₹36.7 crore in Q1 FY26; revenue from operations ₹264 crore, up 27.5% year on year.
In FY26, Saregama India earned net profit of ₹207 crore on revenue of ₹985 crore, against ₹1,441 crore on ₹4,335 crore for Sun TV Network. Saregama India's operating margin was 25.9% (Sun TV Network 34.4%) and its return on equity 12.6% (Sun TV Network 11.9%). At the 29 October 2026 close, Saregama India's market capitalisation was ₹10,334 crore against ₹24,429 crore for Sun TV Network, and its PE ratio on FY26 profit 49.9 against 17.0.
In FY26 (April 2025–March 2026), Saregama India's consolidated net profit was ₹207 crore, up 1.4% from ₹204 crore in FY25, on revenue from operations of ₹985 crore (down 15.9%). Over three years, from FY23, net profit was up 11.7%.
Saregama India will announce its Q2 FY27 results (July–September 2026) on Wednesday, 4 November 2026, the date of the board meeting it has notified to the exchanges.
At the 29 October 2026 closing prices, on FY26 net profit, Saregama India's PE ratio is 49.9, the highest of the three: Sun TV Network 17.0 and PVR INOX 42.9, a peer average of 29.9. Each is the company's market capitalisation at that price divided by its FY26 net profit.
On FY26 consolidated figures, against Sun TV Network and PVR INOX: Saregama India's operating margin of 25.9% is the second highest of the three (Sun TV Network 34.4%, PVR INOX 12.4%; peer average 23.4%); its return on equity of 12.6% is the highest of the three (Sun TV Network 11.9%, PVR INOX 4.6%; peer average 8.2%); its revenue growth over three years of 10.2% a year is the second highest of the three (Sun TV Network 4.7% a year, PVR INOX 21.0% a year; peer average 12.9% a year).
From Saregama India's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.