Media and Entertainment Industry – As per data provided by FICCI, the Indian media and entertainment sector increased by 8% in FY-23 which is projected to reach Rs 2.3 trillion and is forecasted to grow at 10% CAGR and is estimated to hit Rs 3 trillion by 2026. The main development includes increase in adoption of smartphone, rise in digital consumption, reduced piracy the transition advertising income from traditional to digital media and slow increment in subscription services. The market size of digital advertising increased by 15% last year to Rs 576 billion by making contribution in this development.
The absorption of content including music and video streaming, and short format content apps and is growing rapidly. The average consumption of mobile data per user of smartphone in India was 31 GB per month in FY-23 which is forecasted to rise to 75 GB in FY-29. The 78% of time is spent on entertainment, media, and social media. It is remarkable for movement towards paid subscriptions in music industry. This transformation from free to subscription based economy is projected to increase the growth of industry. The streaming of content is available at genuine price and can be used by anyone with huge growth. At present, out of 750 million smart phone users, 200 million users in India use streaming apps. At world level, over 667 million subscribers pay for music streaming and 5 out of 8 music streaming platforms in India has shifted towards paywall model.
IN FY-23, the film industry in India saw a growth of 15% with estimated worth of Rs 197 billion with 1,796 film releases which has increased by 11% compared to FY-22. The box office collection at national level touched Rs 120 billion led by increment in prices of ticket. The fim industry of India is scaled to 38 countries with 339 releases due to adoption by foreign audiences. The industry is forecasted to observe a growth of 7% CAGR with projection to reach Rs 238 billion by FY-2026 supported by quality content, unique price and distribution strategies.
The Live events observed a growth of 20% in FY-23 and reached Rs 88 billion and is forecasted to observe a CAGR of 18% over next 3 years. The Indian content is achieving popularity at world level, supported by its availability on digital streaming platforms at world level and rising adoption of subtitles. This trend provides benefits to Indian content creators providing huge value for their work. In FY-23, the music industry of India shown a growth of 10% by reaching Rs 24 billion. The development was slow due to some OTT platforms shifting towards pay wall. Reducing content piracy due to availability of curated songs on virtual platforms and interconnect anti-piracy initiatives with push the growth. In this article, we will learn interesting information about Saregama Ltd share price target, market cap, ROCE, ROE, promoter, share holding pattern, industry, headquarters.
Saregama India Ltd – Key Points
Name of the promoter
Composure Services Pvt. Ltd.
Industry
Media and Entertainment
Established
1902
Headquarters
Mumbai, Maharashtra
Employees
332
Tracks in Saregama music library
150,000+
New tracks added annually in music library
9700+
Content streaming platform
100+
Saregama India Ltd – Statistics
Market cap
Rs 9,700 crores
ROCE
19.6%
ROE
14.2%
Revenue generated from music licensing and artist management
68%
Youtube views of Saregama
373 billion
Digital footprint across social media
239+ million
Artist/influencers
120+
About Saregama India Ltd
The company first recorded in 1902 to today’s modern music. Saregama is a stable top player in Indian entertainment industry. As a main player in amazing entertainment, the company is encouraging the increase in content adoption at world level supported by consistent digitalisation. The diversified product portfolio includes films, music, web series, artist management, TV serials, and live events provided to both phyiscal and digital platforms. The company has made strong commitment to improve followed by systematic investment in modern technologies like data analytics and artificial intelligence. These improvement will increase our capacity to acquire content and intellectual property protection encouraging us to develop extensive library and build strong position in content creation and consumption. The company has 239 million followers across Instagram, Facebook, and Youtube by developing strong footprint that supports deep content creation and generating revenue.
The company concentrates developing content in regional languages to fulfill demands across country. The main product of company is Carvaan that interacts with consumer and refreshes the traditional catalogue.The company has provided huge dedication to protect our assets with strict guidelines against intellectual property infringement assuring genuine and fair ecosystem for creators and consumers.
Saregama India Limited has developed strong position and brand image. It is a legacy that combines India’s oldest music label with youngest and most amazing film studio inbuilt with multiple language content producer
The company was previously known as “Gramophone Company of India Limited” the company is proud of itself that it is part of RPSG Group since1986. The company organizes largest historical collection of music in India, highlighting one of the world’s most famous broad collection. This supports as collection of music library by maintaining heritage. Moreover, the story expands beyond the collection of music. The company has increased its business into different entertainment fields, TV series, hosting live events, producing films, managing artists and building creative entertainment-based consumer products. At present, digital consumption of content is rising, the company is shifting into focused content as top player. The company conducts deep research and data analytics to observe what type of music, events, and films customer prefer and how they consume it.
The company has attained strong position by acquiring new music including both film and non-film genres in different languages such as Tamil, Telugu, Punjabi, Gujarati, Bhojpuri, Kannada, Malayalam, Bengali. The unique strategy includes producing thetre films and web series in multiple languages to interact with wide audience. The company has generated revenue through pre-licensing agreements with digital platforms. Moreover, the company is making investments in live events to generate income from streams and develop strong relations with artists.
The company has achieved unique position in entertainment industru with its capacity to develop and monetise both audio and video intellectual properties (IPs) across multiple platforms. The unique approach gives preference to IP ownership over traditional work-for-hire production services encouraging us to take benefit of content across broadcast channels, music streaming services, social media, video streaming platforms, theatres and retail outlets. The company manages its business under both models B2B and B2C models. The company has developed co-operation among various divisions, improving our bargaining power with artists, licensing platforms, and partners. This extensive strategy assures that we grab maximum value from diversified IP portfolio, maintaining strong position as top player in entertainment segment.
Music Licensing – The company is one of the top player in India’s music label with vast history and collection of songs in different languages and genres. The catalogue consistently increases by acquisition of both film and non-film songs among various platforms. The company has put forward technology, integrating AI analytics to decide best genres and acquisition prices as we increase the catalogue of music. Pedictive modelling encourages us to develop portfolio assuring it remains genuine and engages with audience. The marketing approach is unique and efficient, shifting us into a partner and gaining trust of large movie studios and independent artists. The company is looking to bring fairness, huge ethical guidelines, and sound management into the music industry.
Saregama India Limited has entered into partnerships with main production houses such as Sanjay Leela Bhansali Films, Jio Studios, Maddock Films, Dharma Productions. These strategic alliances show growth in collaborations within entertainment division. Moreover, along with Bollywood, the company is increasing its distribution channel in regional cinema. The company has entered into partnerships with top production houses like Studio Green in Tamil, Mythri in Telugu, and Weekend Blockbusters in Malayalam film industries. The company gives credit of success due to fyndamental changes within company. This includes data based approach and decentralised decision making model which has led to huge growth for our content.
Music streaming platforms – The company gives license of songs to Video streaming, music streaming, and short format video platforms with different types of commercial structures. The advertsing and subscription will generate revenue for these platforms which will generate income for music licensing division. The company predicts the subscription base streaming apps to reach 50 million in future.
Broadcasting platforms – TV channels and Brands – The company gives license of music to TV channels for using in reality shows, TV serials, and promotions, ad also to advertising agencies for using in ads running on TV, social media, radio and digital media. The monetisation is generated based on popularity of song by using songs in different form of contents including advertisement.
Brand – The company provides license of their content to be used in advertisement among various sectors.
Brand integration – The company also permits brands to be shown in our music videos based on commercial terms. This generates income of our music content.
Web series Sync Licenses – The company has given license of its music to various video OTT platforms and production company for using in their web series.
Film Sync Licenses – The company has entered into collaboration with film production companies by providing license to use our music in creating films.
Social media platforms – The company generates advertising income on Youtube videos highlighting our IPs including lyrics, dialogues, compositions, songs. The company has licensing deals with different social media platforms and short video sharing apps.
Societies – The company has given rights to body known as PPl for licensing our music for public performances held at various public places and commercial premises. The company is member of Indian Performing Rights Society that generates income for publishing rights and distributes among publishing rights owners.
Music –Saregama makes consistent investment to create new content to stay relevant. The company is proud of itself that music segment has shifted from legacy to current with about 52% of revenues generated from music released in 21st century. The company has developed unique strategy which concentrates on regional content identifying the increasing popularity of regional culture.
Revenue and net profit
Particulars
FY-24 ( Rs. In crores)
Sales
803
Expenses
554
EBITDA
249
Other income
61
Interest
3
Depreciation
36
Profit before Tax
271
-Tax (%)
(27%)
Net profit
198
EPS in Rs.
10.24
Balance sheet
Liabilities
Rs
Assets
Rs
Equity Capital
19
Fixed assets
742
Reserves
1450
CWIP
6
Borrowings
5
Investments
118
Other Liabilities
559
Other assets
1,168
Total liabilities
2,034
Total assets
2,034
Shareholding Pattern (Dec. 2024)
Promoters
59.5%
FIIs
15.7%
DIIs
4.68%
Public
19.9%
Others
0.24%
Saregama India Ltd – Watch Full Video
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Saregama India Ltd Share Price Target – 2025 to 2040
Year
Minimum price (Rs)
Average price (Rs)
Maximum price (Rs)
2025
516
553
589
2026
593
633
672
2027
676
731
785
2028
791
828
865
2029
870
923
975
2030
984
1041
1098
2035
1965
2044
2123
2040
3564
3731
3897
Saregama India Ltd Share Price Target – 2025
If market observes downward sentiments, the minimum projected price is anticipated to hit Rs 516. The average trading price is projected to hit Rs 553 at the mid of the year. If market observes bullish sentiments, the maximum projected price is estimated to hit Rs 589. The company has presented new branch under its artist management division named Saregama Talent. This movement concentrates on recognizing and supporting amazing artists, showing them through new releases. The strategy includes generating their talent by safe bookings for live events, brand endorsements, and weddings assuring that these artists perform in the industry.
Saregama India Ltd Share Price Target – 2026
If market faces bearish sentiments, the minimum forecasted price is estimated to hit Rs 593. The average trading price is projected to hit Rs 633 at the mid of the year. If market observes bullish signals, the maximum forecasted price is anticipated to hit Rs 672. For amazing artists, Saregama Ltd received certain portion of income received by artists for agreed period showing strong commitment to success and development. Saregama generates fixed portion of income each time the artists performs, developing strong partnership in improving their careers and increasing their income scope in entertainment segment.
Saregama India Ltd Share Price Target – 2027
If market observes downward signals, the minimum projected price is anticipated to hit Rs 676. The average trading price is projected to reach Rs 731 at the mid of the year. If market observes bullish sentiments, the maximum forecasted price is estimated to reach Rs 78 5. As a top player TV series content producer for Souther channels in past two decades, the company has developed over 6000 hours of content for Sun TV. The revenue is received from sale of commercial time (advertising slots). The company also develops income from current intellectual property through activities such as licensing to new platforms, language remakes, and syndication.
Saregama India Ltd Share Price Target – 2028
If market observes downward signals, the minimum projected price is anticipated to reach Rs 791. The average trading price is forecasted to hit Rs 828 at the mid of the year. If market observes bullish signals, the maximum predicted price is expected to hit Rs 865. Saregama India Ltd manages Yoodlee films, a strong production company which has huge passion to develop content for theatre, third party digital platforms, and television. The company adopts unique strategy by issuing period based licenses for its films to these platforms, assuring fix fee arrangements while attaining complete intellectual rights.
Saregama India Ltd Share Price Target – 2029
If market faces downward sentiments, the minimum projected price is expected to hit Rs 870. The average trading price is projected to reach Rs 923 at the mid of the year. If market observes bullish sentiments, the maximum projected price is estimated to hit Rs 975. Saregama stands as base of Indian music segment with strong collection of over 150,000 intellectual property rights, film dialogues, and background scores. The company has achieved expertise in developing content for music and non-music segment, taking benefit of experienced team, consistent process, and modern tools. This helps to achieve huge success and increase return on investments.
Saregama India Ltd Share Price Target – 2030
If market faces bearish sentiments, the minimum projected price is anticipated to reach Rs 984. The average trading price is projected to hit Rs 1041 at the mid of the year. If market observes bullish sentiments, the maximum projected price is anticipated to hit Rs 1098. The company gives equal value to non-film music segment and show its draw among younger age division. The collaboration with top players among the country are important to achievements in non-film music segment. The company partners with top non-film musician in the country or pop artists like Diljit Dosanjh to build original tracks and remakes across languages.
Saregama India Ltd Share Price Target – 2035
If market faces bearish sentiments, the minimum projected price is estimated to hit Rs 1965. The average trading price is projected to hit Rs 2044 at the mid of the year. If market observes bullish signals, the maximum forecasted price is anticipated to reach Rs 2123. The main product of the company is Carvaan encourages innovation in audio player market with collection of over 5000 preloaded songs. This device smoothly combines modern digital technology providing users with smooth and amazing listening experience.
Saregama India Ltd Share Price Target – 2040
If market observes downward trends, the minimum projected price is anticipated to reach Rs 3564. The average trading price is projected to hit Rs 3731 at the mid of the year. If market observes bullish sentiments, the maximum forecasted price is expected to hit Rs 3897. The company is a top player in music category is led by strategic movements, the purpose of company is to attain top position by increasing investments in fresh content in both hindi and regional languages alongwith inorganic acquisition of music content with strong cash reserves. Moreover, taking benefit of Pocket Aces, the company has purpose to increase its distribution channel.
FAQs
Q1) Who owns Saregama India Ltd?
Ans – The Saregama India Ltd is owned by RP-Sanjiv Goenka group of companies. The company is listed on NSE and BSE with its headoffice located in Kolkata.
Q2) What was the previous name of Saregama India Ltd?
Ans – The Saregama India Ltd was formerly known as Gramophone Company of India Limited. The company subsequently changed its name to Saregama India Ltd on 16th December, 2000.
Q3) What is the networth of Saregama India Ltd?
Ans – The networth of Saregama India Ltd is Rs 9,381 crores on March, 2025.
Q4) What is the business model of Saregama India Ltd?
Ans – The company is oldest music label company with IP offerings across media channels ( web series, TV serials, music, films, short format video content), delivery platforms, and licensing, advertising of music.
Q5) Is Saregama India Ltd a debt-free company?
Ans –Yes,Saregama India Ltd is a debt-free company. The Long-term borrowings of company is 0 and short-term borrowings is Rs 1 crore. The cash and bank balance is Rs 732 crores.
Q6) What is turnover of Saregama India Ltd?
Ans – The turnover of company in FY-13 was Rs 186 crores which has increased to Rs803 crores in FY-24.
Q7) Is Saregama India Ltd a good stock to buy?
Ans –Yes,Saregama India Ltd is a good stock to buy for long-term purpose. The net profit of company in FY-13 was Rs 7 crores which has increased to Rs 198 crores in FY-24. The share price of company in FY-1999 was Rs 2.22 which has increased to Rs 517 in FY-25. The company has provided returns of almost 23,188% in past 25 years.
