- Valuation
- ₹9,780 Cr

About Saregama India Limited
Data last updated:
Saregama India Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Composure Services Private Limited. It operates in the film and digital content production segment of the media and publishing sector. It was incorporated on 13 August 1946 and has been in existence for over 80 years.
Its director Sanjiv Goenka and family are #37 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L22213WB1946PLC014346. Its GSTIN is 19AAACT9815B1ZD (West Bengal). The company holds 26 GST registrations, of which 13 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532163 and NSE: SAREGAMA.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹19.28 Cr. It was formerly known as The Gramophone Company (India) Limited and Gramophone Co of India Ltd. It is led by directors including Vikram Mehra (Managing Director) and Avarna Jain.
Its last annual general meeting (AGM) was held on 15 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 33 Jessore Roaddum Dum, Kolkata, West Bengal, India – 700028.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹984.62 Cr, a decline of 15.9% compared to the previous year. For the same year it recorded a net profit of ₹207.55 Cr (net margin 21.1%) and EBITDA of ₹328.23 Cr (EBITDA margin 33.3%). The net worth stands at ₹1,692.68 Cr (up 6.9% YoY). Total assets are valued at ₹1,812.32 Cr (up 11.4% YoY).
The company has about 319 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 3 brands: Music Plus, Saregama and Saregama India. As per MCA filings, the company has open charges of ₹103.5 Cr and satisfied charges of ₹223.79 Cr on record. Court records list 504 cases involving the company, including 309 filed by the company and 195 filed against it; 122 cases are pending. The company has 63 deals on record (61 market trades, 1 funding round, 1 qip), with disclosed funding of ₹27.94 Cr; the latest was in May 2026. The company has 15 MSME Form 1 returns on record between 2019 and 2024, listing 231 overdue payments to 47 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saregama.com.
Company details
Name history
Saregama India has undergone 2 name changes throughout its history. The company was previously known as The Gramophone Company (India) Limited, and Gramophone Co Of India Ltd. The current legal name is Saregama India Limited.
| Company Name | Status |
|---|---|
| Saregama India Limited | Current |
| The Gramophone Company (India) Limited | Previous |
| Gramophone Co Of India Ltd | Previous |
CIN history
Saregama India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L22213WB1946PLC014346, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L22213WB1946PLC014346 | Current |
| U99999WB1946PLC014346 | Previous |
| U22213WB1946PLC014346 | Previous |
Recognitions & Rankings of Saregama India
- #37 Sanjiv Goenka & family ₹68,800 Cr
Contact details
Saregama India Limited's registered office is in Kolkata, West Bengal. Its website is saregama.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address33 Jessore Roaddum Dum, Kolkata, West Bengal, India – 700028
- IndustryMedia and Publishing, Film & Digital Content Production
To see the full contact details of Saregama India Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Saregama India operates multiple associated brands including Music Plus, Saregama, and Saregama India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online portal for music news, features, interviews, events, and industry updates. | musicplus.in | |
| Provider of music store | saregama.com | |
| Music distribution, audio devices, and film production services are provided by Saregama in the entertainment sector. | saregama.co.in |
Business activity
The main business activities of Saregama India are trade and information and communication. In detail, this covers retail trading and motion picture, video and television programme production, sound recording and music publishing activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| J | Information and communication | J3 | Motion picture, video and television programme production, sound recording and music publishing activities |
To see the full business activity and turnover split of Saregama India Limited, buy the company report.
Financials of Saregama India Limited
FY 2025-26 filings availableSaregama India Limited reported revenue of ₹984.62 Cr (down 15.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 985 | 1,171 | 803 | 737 | 576 | 442 | 521 |
| Revenue growth | -15.9% | +45.9% | +9.0% | +27.8% | +30.4% | -15.3% | - |
| EBITDA | 328 | 250 | 247 | 221 | 187 | 130 | 60.47 |
| EBITDA margin | +33.3% | +21.3% | +30.7% | +30.0% | +32.5% | +29.4% | +11.6% |
| Profit before tax | 284 | 276 | 271 | 248 | 204 | 152 | 60.35 |
| Net profit | 208 | 180 | 184 | 185 | 152 | 113 | 43.95 |
| Net profit margin | +21.1% | +15.4% | +22.9% | +25.2% | +26.4% | +25.5% | +8.4% |
| EPS (₹) | 10.74 | 10.59 | 10.25 | 9.61 | 7.91 | 64.58 | 25.21 |
| Balance sheet | |||||||
| Total assets | 1,812 | 1,626 | 1,693 | 1,350 | 1,386 | 514 | 414 |
| Net worth | 1,693 | 1,583 | 1,469 | 1,342 | 1,378 | 506 | 399 |
| Total debt | 72.58 | 2.71 | 5.43 | 0.71 | 1.30 | 1.10 | 9.70 |
| Cash & bank | 149 | 544 | 542 | 508 | 324 | 145 | 8.99 |
| Net working capital | 377 | 674 | 811 | 706 | 456 | 187 | 158 |
| Cash flow | |||||||
| Cash from operations | 100 | 331 | 93.25 | 93.43 | 94.43 | 190 | 79.34 |
| Cash from investing | (110) | (220) | 31.83 | (154) | (630) | (136) | (4.83) |
| Cash from financing | (31.37) | (98.73) | (84.86) | (75.24) | 677 | (49.48) | (72.47) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 264 | 287 | 260 | 230 | 207 | 241 | 483 | 242 |
| Revenue growth (YoY) | +27.5% | +19.4% | -46.1% | -4.9% | +0.7% | - | - | - |
| Other income | 4.21 | 9.73 | 7.42 | 11.47 | 14.23 | 22.61 | 15.71 | 12.53 |
| EBITDA | 92.11 | 119 | 84.76 | 68.77 | 55.29 | 80.32 | 84.37 | 60.84 |
| EBITDA margin | +34.9% | +41.5% | +32.6% | +29.9% | +26.7% | +33.4% | +17.5% | +25.2% |
| Depreciation | 23.64 | 23.66 | 21.39 | 19.01 | 17.49 | 16.60 | 15.24 | 13.64 |
| Interest | 2.17 | 2.06 | 1.26 | 1.13 | 0.98 | 4.71 | 0.39 | 0.43 |
| Profit before tax | 70.51 | 103 | 69.53 | 60.10 | 51.05 | 81.62 | 84.45 | 59.30 |
| Tax | 18.63 | 29.27 | 18.28 | 16.27 | 14.54 | 21.76 | 22.11 | 14.35 |
| Net profit | 51.88 | 74.14 | 51.25 | 43.83 | 36.51 | 59.86 | 62.34 | 44.95 |
| EPS (₹) | 2.69 | 3.86 | 2.67 | 2.28 | 1.90 | 3.11 | 3.24 | 2.33 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 821 | 1,009 | 759 | 695 | 568 | 434 | 500 |
| Revenue growth | -18.7% | +33.0% | +9.2% | +22.3% | +30.9% | -13.2% | - |
| EBITDA | 333 | 270 | 255 | 216 | 186 | 125 | 65.46 |
| EBITDA margin | +40.6% | +26.8% | +33.6% | +31.1% | +32.8% | +28.8% | +13.1% |
| Profit before tax | 292 | 272 | 275 | 243 | 202 | 145 | 65.78 |
| Net profit | 221 | 203 | 203 | 170 | 150 | 107 | 49.00 |
| Net profit margin | +27.0% | +20.1% | +26.8% | +24.4% | +26.4% | +24.6% | +9.8% |
| EPS (₹) | 11.15 | 10.54 | 10.53 | 9.36 | 7.80 | 61.41 | 28.11 |
| Balance sheet | |||||||
| Total assets | 1,812 | 1,589 | 1,543 | 1,337 | 1,377 | 514 | 423 |
| Net worth | 1,692 | 1,575 | 1,462 | 1,332 | 1,372 | 510 | 414 |
| Total debt | 95.23 | 0.00 | 0.14 | 0.71 | 1.30 | 1.10 | 6.80 |
| Cash & bank | 122 | 510 | 491 | 505 | 318 | 140 | 5.24 |
| Net working capital | 357 | 634 | 763 | 705 | 453 | 188 | 162 |
| Cash flow | |||||||
| Cash from operations | 110 | 339 | 103 | 94.15 | 95.88 | 187 | 84.56 |
| Cash from investing | (147) | (214) | (8.44) | (153) | (632) | (138) | (10.30) |
| Cash from financing | (5.98) | (95.70) | (83.32) | (75.24) | 677 | (46.58) | (72.41) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 208 | 238 | 210 | 195 | 177 | 216 | 407 | 213 |
| Revenue growth (YoY) | +17.4% | +10.4% | -48.3% | -8.8% | +2.5% | - | - | - |
| Other income | 3.54 | 6.69 | 6.95 | 11.08 | 13.38 | 17.52 | 14.87 | 11.92 |
| Total expenses | 118 | 118 | 126 | 123 | 120 | 143 | 325 | 149 |
| EBITDA | 90.51 | 120 | 84.44 | 71.40 | 57.24 | 72.69 | 82.38 | 64.31 |
| EBITDA margin | +43.5% | +50.4% | +40.2% | +36.7% | +32.3% | +33.7% | +20.2% | +30.1% |
| Depreciation | 22.21 | 22.23 | 20.06 | 17.82 | 16.28 | 15.39 | 14.02 | 12.42 |
| Interest | 1.51 | 1.26 | 0.48 | 0.74 | 0.37 | 0.18 | 0.22 | 0.47 |
| Profit before tax | 70.33 | 103 | 70.85 | 63.92 | 53.97 | 74.64 | 83.01 | 63.34 |
| Tax | 17.73 | 28.84 | 18.00 | 16.27 | 13.75 | 19.13 | 21.58 | 14.28 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 264 | 287 | 260 | 230 | 207 | 241 | 483 | 242 |
| Revenue growth (YoY) | +27.5% | +19.4% | -46.1% | -4.9% | +0.7% | - | - | - |
| Other income | 4.21 | 9.73 | 7.42 | 11.47 | 14.23 | 22.61 | 15.71 | 12.53 |
| EBITDA | 92.11 | 119 | 84.76 | 68.77 | 55.29 | 80.32 | 84.37 | 60.84 |
| EBITDA margin | +34.9% | +41.5% | +32.6% | +29.9% | +26.7% | +33.4% | +17.5% | +25.2% |
| Depreciation | 23.64 | 23.66 | 21.39 | 19.01 | 17.49 | 16.60 | 15.24 | 13.64 |
| Interest | 2.17 | 2.06 | 1.26 | 1.13 | 0.98 | 4.71 | 0.39 | 0.43 |
| Profit before tax | 70.51 | 103 | 69.53 | 60.10 | 51.05 | 81.62 | 84.45 | 59.30 |
| Tax | 18.63 | 29.27 | 18.28 | 16.27 | 14.54 | 21.76 | 22.11 | 14.35 |
| Net profit | 51.88 | 74.14 | 51.25 | 43.83 | 36.51 | 59.86 | 62.34 | 44.95 |
| EPS (₹) | 2.69 | 3.86 | 2.67 | 2.28 | 1.90 | 3.11 | 3.24 | 2.33 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 985 | 1,171 | 803 | 737 | 576 | 442 | 521 |
| Revenue growth | -15.9% | +45.9% | +9.0% | +27.8% | +30.4% | -15.3% | - |
| Other income | 42.85 | 90.47 | 63.66 | 53.63 | 34.82 | 30.85 | 11.23 |
| Total expenses | 656 | 922 | 556 | 516 | 389 | 312 | 461 |
| Employee cost | 109 | 108 | 93.16 | 75.00 | 61.96 | 69.53 | 66.62 |
| EBITDA | 328 | 250 | 247 | 221 | 187 | 130 | 60.47 |
| EBITDA margin | +33.3% | +21.3% | +30.7% | +30.0% | +32.5% | +29.4% | +11.6% |
| Depreciation | 81.55 | 58.21 | 36.18 | 20.82 | 13.02 | 5.61 | 4.64 |
| Interest | 5.44 | 5.74 | 3.24 | 5.71 | 4.52 | 3.45 | 6.71 |
| Profit before tax | 284 | 276 | 271 | 248 | 204 | 152 | 60.35 |
| Tax | 77.86 | 71.83 | 73.23 | 63.03 | 51.78 | 38.44 | 16.85 |
| Net profit | 208 | 180 | 184 | 185 | 152 | 113 | 43.95 |
| Net profit margin | +21.1% | +15.4% | +22.9% | +25.2% | +26.4% | +25.5% | +8.4% |
| EPS (₹) | 10.74 | 10.59 | 10.25 | 9.61 | 7.91 | 64.58 | 25.21 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 19.28 | 19.28 | 19.28 | 19.28 | 19.28 | 17.43 | 17.43 |
| Reserves & surplus | 1,673 | 1,564 | 1,450 | 1,323 | 1,358 | 488 | 381 |
| Shareholders' funds (net worth) | 1,693 | 1,583 | 1,469 | 1,342 | 1,378 | 506 | 399 |
| Minority interest | 2.53 | 3.38 | 3.45 | 3.39 | 3.23 | 3.13 | 2.25 |
| Secured loans | 70.38 | 0.00 | 1.65 | 0.00 | 0.00 | 0.00 | 6.33 |
| Unsecured loans | 2.20 | 2.71 | 3.78 | 0.71 | 1.30 | 1.10 | 3.37 |
| Total debt | 72.58 | 2.71 | 5.43 | 0.71 | 1.30 | 1.10 | 9.70 |
| Total liabilities | 1,812 | 1,626 | 1,693 | 1,350 | 1,386 | 514 | 414 |
| Assets | |||||||
| Gross block | 1,284 | 1,008 | 830 | 391 | 311 | 246 | 236 |
| Net block | 1,031 | 835 | 742 | 338 | 278 | 226 | 219 |
| Capital work in progress | 0.00 | 0.00 | 5.54 | 4.05 | 1.75 | 1.95 | 0.00 |
| Investments | 379 | 111 | 118 | 239 | 676 | 137 | 75.44 |
| Inventories | 243 | 240 | 239 | 164 | 105 | 69.19 | 93.64 |
| Sundry debtors | 177 | 143 | 159 | 148 | 108 | 87.35 | 108 |
| Cash & bank balances | 149 | 544 | 542 | 508 | 324 | 145 | 8.99 |
| Loans & advances | 255 | 164 | 164 | 193 | 164 | 105 | 107 |
| Total current assets | 825 | 1,091 | 1,104 | 1,013 | 701 | 406 | 318 |
| Total current liabilities | 448 | 417 | 294 | 307 | 245 | 219 | 160 |
| Net working capital | 377 | 674 | 811 | 706 | 456 | 187 | 158 |
| Total assets | 1,812 | 1,626 | 1,693 | 1,350 | 1,386 | 514 | 414 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 69.39 | 56.92 | 16.70 | 153 | 11.13 | 7.05 | 5.00 |
| Net cash from operating activities | 100 | 331 | 93.25 | 93.43 | 94.43 | 190 | 79.34 |
| Net cash from investing activities | (110) | (220) | 31.83 | (154) | (630) | (136) | (4.83) |
| Net cash from financing activities | (31.37) | (98.73) | (84.86) | (75.24) | 677 | (49.48) | (72.47) |
| Net change in cash | (41.23) | 12.47 | 40.22 | (136) | 142 | 4.09 | 2.04 |
| Closing cash | 149 | 544 | 542 | 508 | 324 | 145 | 8.99 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -15.9% | +45.9% | +9.0% | +27.8% | +30.4% | -15.3% | - |
| EBITDA growth | +31.5% | +1.2% | +11.6% | +18.1% | +43.9% | +115.2% | - |
| PBT growth | +2.9% | +2.0% | +9.2% | +21.4% | +34.6% | +151.7% | -28.7% |
| Net income growth | +15.1% | -2.0% | -0.7% | +21.7% | +35.3% | +156.1% | - |
| Revenue CAGR (3Y) | +10.2% | +26.7% | +22.0% | +12.2% | +1.9% | +7.4% | +33.6% |
| EBITDA CAGR (3Y) | +14.1% | +10.1% | +23.8% | +54.0% | +69.9% | +53.1% | +85.8% |
| Profitability & leverage | |||||||
| Net income margin | +21.0% | +17.4% | +24.6% | +25.1% | +26.5% | +25.7% | +8.3% |
| Return on capital employed | +18.0% | +18.2% | +19.5% | +20.2% | +24.9% | +43.4% | +19.2% |
| Return on net worth | +13.5% | +14.4% | +15.3% | +14.8% | +18.3% | +32.5% | +14.0% |
| Debt / equity | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.12 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 2.21 | 3.00 | 1.54 | 2.85 | 2.60 | 2.77 | 12.02 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.95 | 1.45 | 1.61 | 3.07 | 3.36 | 3.21 | 4.06 |
| Inventory turnover | 4.07 | 4.89 | 3.98 | 5.46 | 6.60 | 5.43 | 5.49 |
| Debtors turnover | 6.15 | 7.76 | 5.24 | 5.76 | 5.91 | 4.51 | 4.78 |
| EPS (₹) | 10.74 | 10.59 | 10.25 | 9.61 | 7.91 | 64.58 | 25.21 |
| Dividend per share (₹) | 4.50 | 4.50 | 4.00 | 3.00 | 3.00 | 20.00 | 1.50 |
| Book value per share (₹) | 82.04 | 76.37 | 70.44 | 63.86 | 65.70 | 230.83 | 169.47 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 208 | 238 | 210 | 195 | 177 | 216 | 407 | 213 |
| Revenue growth (YoY) | +17.4% | +10.4% | -48.3% | -8.8% | +2.5% | - | - | - |
| Other income | 3.54 | 6.69 | 6.95 | 11.08 | 13.38 | 17.52 | 14.87 | 11.92 |
| Total expenses | 118 | 118 | 126 | 123 | 120 | 143 | 325 | 149 |
| EBITDA | 90.51 | 120 | 84.44 | 71.40 | 57.24 | 72.69 | 82.38 | 64.31 |
| EBITDA margin | +43.5% | +50.4% | +40.2% | +36.7% | +32.3% | +33.7% | +20.2% | +30.1% |
| Depreciation | 22.21 | 22.23 | 20.06 | 17.82 | 16.28 | 15.39 | 14.02 | 12.42 |
| Interest | 1.51 | 1.26 | 0.48 | 0.74 | 0.37 | 0.18 | 0.22 | 0.47 |
| Profit before tax | 70.33 | 103 | 70.85 | 63.92 | 53.97 | 74.64 | 83.01 | 63.34 |
| Tax | 17.73 | 28.84 | 18.00 | 16.27 | 13.75 | 19.13 | 21.58 | 14.28 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 821 | 1,009 | 759 | 695 | 568 | 434 | 500 |
| Revenue growth | -18.7% | +33.0% | +9.2% | +22.3% | +30.9% | -13.2% | - |
| Other income | 38.10 | 55.72 | 58.43 | 53.31 | 33.41 | 29.07 | 11.48 |
| Total expenses | 488 | 739 | 504 | 479 | 382 | 309 | 435 |
| Employee cost | 83.76 | 84.43 | 82.42 | 74.03 | 61.08 | 56.89 | 53.44 |
| EBITDA | 333 | 270 | 255 | 216 | 186 | 125 | 65.46 |
| EBITDA margin | +40.6% | +26.8% | +33.6% | +31.1% | +32.8% | +28.8% | +13.1% |
| Depreciation | 76.39 | 53.35 | 34.20 | 20.82 | 13.02 | 5.40 | 4.45 |
| Interest | 2.85 | 0.90 | 3.43 | 5.71 | 4.51 | 3.45 | 6.71 |
| Profit before tax | 292 | 272 | 275 | 243 | 202 | 145 | 65.78 |
| Tax | 76.86 | 68.52 | 72.45 | 62.70 | 51.57 | 38.43 | 16.79 |
| Net profit | 221 | 203 | 203 | 170 | 150 | 107 | 49.00 |
| Net profit margin | +27.0% | +20.1% | +26.8% | +24.4% | +26.4% | +24.6% | +9.8% |
| EPS (₹) | 11.15 | 10.54 | 10.53 | 9.36 | 7.80 | 61.41 | 28.11 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 19.28 | 19.28 | 19.28 | 19.28 | 19.28 | 17.43 | 17.43 |
| Reserves & surplus | 1,673 | 1,556 | 1,443 | 1,313 | 1,353 | 492 | 396 |
| Shareholders' funds (net worth) | 1,692 | 1,575 | 1,462 | 1,332 | 1,372 | 510 | 414 |
| Secured loans | 65.22 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.33 |
| Unsecured loans | 30.01 | 0.00 | 0.14 | 0.71 | 1.30 | 1.10 | 0.47 |
| Total debt | 95.23 | 0.00 | 0.14 | 0.71 | 1.30 | 1.10 | 6.80 |
| Total liabilities | 1,812 | 1,589 | 1,543 | 1,337 | 1,377 | 514 | 423 |
| Assets | |||||||
| Gross block | 931 | 671 | 494 | 391 | 310 | 245 | 235 |
| Net block | 715 | 532 | 408 | 338 | 278 | 226 | 219 |
| Capital work in progress | 0.00 | 0.00 | 5.54 | 4.05 | 1.75 | 1.95 | 0.00 |
| Investments | 717 | 420 | 368 | 228 | 670 | 135 | 80.50 |
| Inventories | 234 | 230 | 226 | 162 | 103 | 65.47 | 89.07 |
| Sundry debtors | 140 | 126 | 144 | 151 | 108 | 89.59 | 110 |
| Cash & bank balances | 122 | 510 | 491 | 505 | 318 | 140 | 5.24 |
| Loans & advances | 236 | 150 | 150 | 186 | 163 | 104 | 108 |
| Total current assets | 732 | 1,016 | 1,010 | 1,004 | 691 | 399 | 313 |
| Total current liabilities | 375 | 382 | 247 | 300 | 238 | 211 | 151 |
| Net working capital | 357 | 634 | 763 | 705 | 453 | 188 | 162 |
| Total assets | 1,812 | 1,589 | 1,543 | 1,337 | 1,377 | 514 | 423 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 53.83 | 24.67 | 12.97 | 147 | 6.30 | 3.30 | 1.45 |
| Net cash from operating activities | 110 | 339 | 103 | 94.15 | 95.88 | 187 | 84.56 |
| Net cash from investing activities | (147) | (214) | (8.44) | (153) | (632) | (138) | (10.30) |
| Net cash from financing activities | (5.98) | (95.70) | (83.32) | (75.24) | 677 | (46.58) | (72.41) |
| Net change in cash | (42.73) | 29.16 | 11.69 | (134) | 141 | 3.00 | 1.85 |
| Closing cash | 122 | 510 | 491 | 505 | 318 | 140 | 5.24 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -18.7% | +33.0% | +9.2% | +22.3% | +30.9% | -13.2% | - |
| EBITDA growth | +23.2% | +6.2% | +17.7% | +16.3% | +48.7% | +91.3% | - |
| PBT growth | +7.4% | -1.3% | +13.3% | +20.4% | +38.9% | +121.1% | -20.0% |
| Net income growth | +8.9% | +0.1% | +19.6% | +13.2% | +40.3% | +118.4% | - |
| Revenue CAGR (3Y) | +5.7% | +21.1% | +20.5% | +11.6% | +2.7% | +7.9% | +33.9% |
| EBITDA CAGR (3Y) | +15.5% | +13.3% | +26.7% | +49.0% | +79.3% | +54.3% | +103.0% |
| Profitability & leverage | |||||||
| Net income margin | +26.2% | +20.1% | +26.8% | +26.0% | +26.5% | +24.6% | +9.8% |
| Return on capital employed | +18.6% | +18.7% | +21.0% | +20.0% | +24.6% | +40.8% | +20.5% |
| Return on net worth | +14.1% | +14.4% | +15.8% | +14.5% | +18.1% | +29.9% | +15.5% |
| Debt / equity | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.11 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 1.11 | 0.41 | 1.56 | 2.92 | 2.61 | 2.88 | 11.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.19 | 2.14 | 2.29 | 2.90 | 3.33 | 3.18 | 3.94 |
| Inventory turnover | 3.54 | 4.43 | 3.91 | 5.24 | 6.74 | 5.62 | 5.51 |
| Debtors turnover | 6.19 | 7.50 | 5.15 | 5.37 | 5.77 | 4.34 | 4.48 |
| EPS (₹) | 11.15 | 10.54 | 10.53 | 9.36 | 7.80 | 61.41 | 28.11 |
| Dividend per share (₹) | 4.50 | 4.50 | 4.00 | 3.00 | 3.00 | 20.00 | 1.50 |
| Book value per share (₹) | 81.99 | 75.93 | 70.10 | 63.35 | 65.40 | 232.98 | 178.07 |
To see the full year-wise statements and ratios of Saregama India Limited, buy the company report.
Board of directors of Saregama India Limited
Saregama India has 8 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avarna Jain Also directs: Spencer International Hotels Limited, Igrel Renewables Limited, Grand Royale Enterprises Limited and 2 more | Director | 29 May 2018 | 8 Years 5 Months | Current |
| Vikram Mehra Also directs: Pocket Aces Pictures Private Limited, Editorji Technologies Private Limited, Indecent Foods Private Limited and 1 more | Managing Director | 27 Oct 2014 | 12 Years 0 Months | Current |
| Preeti Goenka Also directs: PCBL Chemical Limited | Director | 27 May 2013 | 13 Years 5 Months | Current |
| Noshir Naval Framjee Also directs: Harrisons Malayalam Ltd, Apricot Foods Private Limited, Noida Power Company Limited and 5 more | Director | 12 Jun 2017 | 9 Years 4 Months | Current |
| Sanjiv Goenka | Director | 17 Aug 1991 | 35 Years 2 Months | Current |
| Vinod Kumar Also directs: Pocket Aces Pictures Private Limited, Apricot Foods Private Limited, Noida Power Company Limited and 5 more | Director | 31 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Saregama India Limited is audited by B S R & Co. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2024 | 101248W/W-100022 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 60.80%, foreign institutional investors hold 11.50%, domestic institutional investors hold 8.60% and retail and other public shareholders hold 19.10%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 60.80% | 60.80% | 60.40% | 59.60% |
| Public | 39.20% | 39.20% | 39.60% | 40.40% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2023 | 100684304 | Others | ₹103.5 Cr | Open | |
| 06 Mar 2026 | 101260666 | Others | ₹130 Cr | Satisfied | |
| 03 Aug 2009 | 10172074 | Idbi Bank Limited | ₹25 Cr | Satisfied | |
| 03 Jul 2009 | 10168039 | United Bank of India | ₹10 Cr | Satisfied | |
| 30 Sep 2008 | 10128254 | Kotak Mahindra Prime Limited | ₹3.41 Lakh | Satisfied |
To see the full charge records of Saregama India Limited, buy the company report.
Total charge records: 19 View all charges
Deals & funding
Saregama India Limited has 63 deals on record (61 market trades, 1 funding round, 1 qip), with disclosed funding of ₹27.94 Cr; the latest was in May 2026.
Deals on record (5 of 63)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2026 | Market trade | ₹1,082.64 Cr | Buyer: Microcurves Trading Private Limited , NK Securities Research Private Limited , Qe Securities LLP Seller: Microcurves Trading Private Limited , NK Securities Research Private Limited , Qe Securities LLP |
| May 2026 | Market trade | ₹150.15 Cr | Buyer: Microcurves Trading Private Limited , NK Securities Research Private Limited Seller: Microcurves Trading Private Limited , NK Securities Research Private Limited |
| Feb 2025 | Market trade | ₹62.33 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jan 2025 | Market trade | ₹55.56 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jan 2025 | Market trade | ₹86.76 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
To see the full deal history of Saregama India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Saregama India Limited has 504 court cases on record: 309 filed by Saregama India, 195 filed against it. 122 cases are pending and 382 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 365 | 134 | 84 |
| District courts | 116 | 48 | 33 |
| Supreme Court | 20 | 13 | 4 |
| NCLT | 2 | 0 | 0 |
| NCLAT | 1 | 0 | 1 |
Cases on record (5 of 504)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2701-Intellectual Property Rights Law and Information Technology : Copyright, patent, trade mark, design, passing off) | Filed by the company against M/S. Sreedevi Video Corporation and 2 others | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Trimurti Films Pvt Ltd | Pending |
| Bombay High Court | Arbitration matter | Filed against the company by Shemaroo Entertainment Ltd | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Global Music Junction Private Limited & Anr. | Pending |
| Bombay High Court | Court case (COMIP) | Filed against the company by Trimurti Films Pvt Ltd | Pending |
To see the full case history of Saregama India Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Saregama India Limited was last rated by Care on 03 Jul 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 Jul 2026 |
To see the full credit ratings and regulatory alerts of Saregama India Limited, buy the company report.
MSME payment delays
Saregama India Limited has 15 MSME Form 1 returns on record between 2019 and 2024, listing 231 overdue payments to 47 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 47)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Saregama India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Saregama India has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Kolkata Metro Networks Limited | U23209WB1989PLC047337 | |
| Pocket Aces Pictures Private Limited | U92140MH2013PTC250918 |
To see the full group structure of Saregama India Limited, buy the company report.
Employees & EPFO
Saregama India Limited has a workforce of 319 employees on its EPFO records as of Aug 15, 2025, across 3 active EPFO establishments.
GST
Saregama India has 26 GST registrations: 13 active and 13 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACT9815B1ZD | West Bengal | Active | 01 Jul 2017 |
| 03AAACT9815B1ZQ | Punjab | Active | 01 Jul 2017 |
| 06AAACT9815B1ZK | Haryana | Active | 01 Jul 2017 |
| 07AAACT9815B1ZI | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saregama India Limited, buy the company report.
Recent activity
Saregama India Limited has 49 board changes on record since 1986: 30 appointments and 19 cessations. The latest: Umang Kanoria ceased to be Director on 27 Sep 2025.
79 earlier events are in the company report.
News
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Frequently asked questions
Saregama India is an active public limited company based in Kolkata, West Bengal, India. The company works in film and digital content production, within the media and publishing industry. It was incorporated on 13 August 1946 (80+ years old) and is registered under CIN L22213WB1946PLC014346. Listed on BSE: 532163 and NSE: SAREGAMA.
Saregama India reported revenue of ₹984.62 Cr for FY 2025-26 (down 15.9% YoY) based on consolidated financials.
Saregama India has 8 current directors:
- Vikram Mehra - Managing Director
- Avarna Jain - Director
- Preeti Goenka - Director
- Noshir Naval Framjee - Director
- Sanjiv Goenka - Director
- Vinod Kumar - Director
- Pratip Chaudhuri - Director
- Kusum Dadoo - Director
The latest financial statements of Saregama India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 15 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Saregama India is 19AAACT9815B1ZD, registered in West Bengal. The company has 26 GST registrations in all, of which 13 are active and 13 are cancelled or inactive. Other active GSTINs include 03AAACT9815B1ZQ (Punjab), 06AAACT9815B1ZK (Haryana), 07AAACT9815B1ZI (Delhi).
The CIN (Corporate Identification Number) of Saregama India is L22213WB1946PLC014346. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Saregama India is a listed company as per MCA records. Its shares are listed on both BSE (code: 532163) and NSE (symbol: SAREGAMA).
Saregama India has 504 court cases on record: 309 filed by the company and 195 filed against it. 122 are pending. Most are in the high courts.
Saregama India was incorporated on 13 August 1946, making it 80+ years old. It is registered with the Registrar of Companies, Kolkata.
Saregama India has 63 deals on record (61 market trades, 1 funding round, 1 qip), with disclosed funding of ₹27.94 Cr; the latest was in May 2026.
Umang Kanoria ceased to be Director on 27 Sep 2025. Nayankumar Misra Bijay was appointed as Company Secretary on 15 Sep 2025. Pratip Chaudhuri was appointed as Director on 31 Jul 2025. Saregama India has 49 board changes on record in total.

