Saregama India Ltd
About
Saregama India Ltd., a part of the RP-Sanjiv Goenka Group, is one of India’s oldest and most respected music labels. The company is primarily engaged in the manufacturing and sale of music storage devices such as the iconic Carvaan, a portable digital music player pre-loaded with timeless classics, along with a range of CDs, DVDs and Blurays. In addition to physical products, Saregama also manages an extensive catalogue of music rights, covering a wide range of Indian languages and genres. The company has expanded its business into the production of films, television content, and web series through its entertainment division, Yoodlee Films. With a legacy dating back to 1901, Saregama continues to adapt to digital trends, leveraging its vast intellectual property and creative capabilities to remain a significant player in India’s music and content production landscape.
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Financial Data 2024
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Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 635 12.28% | 565 20.69% | 468 4.47% | 448 -15.44% | 530 -18.21% | 648 59.68% | 406 68.63% | 241 4.65% | 230 15.04% | 200 9.19% | 183 -4.42% | 192 14.50% | 167 15.08% | 145 25.05% | 116 -13.51% | 134 - |
| Net Operating Income (INR Cr) | 803 9.01% | 737 27.84% | 576 30.37% | 442 -15.25% | 521 -4.27% | 545 52.76% | 357 63.20% | 219 -1.43% | 222 18.84% | 187 5.09% | 177 -4.58% | 186 15.69% | 161 15.58% | 139 24.71% | 112 1.54% | 110 - |
| Profit (INR Cr) | 198 6.61% | 185 21.45% | 153 35.58% | 113 156.14% | 44 -18.80% | 54 89.79% | 29 239.00% | 8 23.13% | 7 0.89% | 7 -64.20% | 19 133.46% | 8 636.36% | 1 - | -13 - | -21 - | -6 - |
| Assets (INR Cr) | 1693 25.35% | 1350 -2.60% | 1386 169.62% | 514 24.14% | 414 -16.70% | 497 23.62% | 402 15.77% | 347 91.57% | 181 0.82% | 180 -1.83% | 183 2.49% | 179 3.44% | 173 0.52% | 172 -2.67% | 177 3.18% | 171 - |
| Net Worth (INR Cr) | 1358 10.32% | 1231 -2.81% | 1267 214.90% | 402 36.22% | 295 -9.10% | 325 16.64% | 279 17.93% | 236 64.09% | 144 4.62% | 138 1.70% | 135 65.02% | 82 6.17% | 77 1.43% | 76 -14.66% | 89 8.89% | 82 -7.05% |
| Employee Cost (INR Cr) | 93 24.21% | 75 21.05% | 62 -10.89% | 70 4.37% | 67 17.89% | 57 -5.93% | 60 21.53% | 49 -15.98% | 59 57.01% | 37 -0.29% | 38 -9.86% | 42 24.23% | 34 9.42% | 31 0.33% | 31 2.38% | 30 - |
| Interest Cost (INR Cr) | 3 | 5 | 4 | 3 | 6 | 6 | 3 | 2 | 0 | 0 | 2 | 2 | 4 | 5 | 5 | 4 |
| Cash & Bank Balance (INR Cr) | 542 | 508 | 323 | 144 | 8 | 6 | 10 | 19 | 25 | 5 | 10 | 19 | 17 | 19 | 8 | 9 |
| Total Debt (INR Cr) | 5 | 0 | 1 | 1 | 9 | 63 | 15 | 2 | 3 | 7 | 12 | 60 | 59 | 59 | 51 | 53 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 31.14% | 32.79% | 32.58% | 25.11% | 8.29% | 8.35% | 7.02% | 3.49% | 2.97% | 3.39% | 10.33% | 4.23% | 0.66% | -9.18% | -17.76% | -4.62% |
| Profit As % Of Assets | 11.67% | 13.73% | 11.01% | 21.89% | 10.61% | 10.88% | 7.09% | 2.42% | 3.77% | 3.76% | 10.32% | 4.53% | 0.64% | -7.76% | -11.69% | -3.63% |
| Profit As % Of Networth | 14.55% | 15.05% | 12.05% | 27.98% | 14.88% | 16.66% | 10.24% | 3.56% | 4.75% | 4.92% | 13.98% | 9.88% | 1.42% | -17.54% | -23.15% | -7.58% |
| Interest Cost to EBITDA % | 1.31% | 2.58% | 2.43% | 2.65% | 11.10% | 17.19% | 9.30% | 24.89% | 16.72% | 39.22% | 16.94% | 22.35% | 21.94% | 116.81% | -40.75% | -21.18% |
| Debt to Equity Ratio | 0.00 | 0.00 | 0.00 | 0.02 | 0.12 | 0.13 | 0.04 | 0.02 | 0.04 | 0.07 | 0.33 | 0.72 | 0.73 | 0.64 | 0.58 | 0.40 |
| RONW | 15.26% | 14.82% | 18.29% | 32.53% | 14.02% | 18.01% | 11.00% | 4.55% | 7.78% | 5.14% | 12.74% | 6.62% | 0.80% | 0.00% | 0.00% | 0.00% |
| ROCE | 19.47% | 20.24% | 24.88% | 43.39% | 19.16% | 26.51% | 15.72% | 9.37% | 13.01% | 4.94% | 14.56% | 6.96% | 8.39% | 0.00% | 0.00% | 0.00% |