Saregama India Ltd: History, Latest Updates, Milestones, Subsidiaries & Share Price
INTRODUCTION
Saregama India Ltd is India’s oldest music label, with a legacy dating back to 1902 when it was established as the Gramophone Company of India, later known as HMV. Over more than a century, the company has built one of the country’s richest music and content libraries, spanning classical, film, devotional, and contemporary genres. In recent years, Saregama has repositioned itself as a pure-play content company, benefiting from the global surge in digital content consumption. Backed by innovation-led growth and strong monetisation strategies, saregama india ltd share price has increasingly drawn attention from investors tracking India’s media and entertainment sector.
Saregama India Ltd Moves in 2026
- Quarterly Revenue Update: For the September 2025 quarter, Saregama India Ltd reported revenue of Rs. 1,947.2 million, down 8.76% year-on-year due to moderated content monetisation.
- Earnings Performance: Net profit declined marginally by 2.87% YoY to Rs. 476.5 million, reflecting near-term pressure on topline growth.
- Operational Efficiency: Operating profit (PBIDT) improved to Rs. 824.8 million from Rs. 762.3 million, supported by stronger margins and cost controls.
- Margin Expansion: PBIDT margin rose to 42.36%, indicating resilient operating strength despite revenue softness.
- Global Expansion Move: The company received approval to incorporate a wholly owned subsidiary in Dubai Mainland to expand its international footprint.
These developments continue to shape investor sentiment and movement in saregama india ltd share price within the media and entertainment sector.
Evolution of Saregama India Ltd: From Past to Present
- Early Beginnings (1901–1907): Saregama began operations in India as the overseas arm of The Gramophone Company, recording the country’s first song in 1902 and setting up India’s first record manufacturing unit in Calcutta.
- Corporate Transformation: Incorporated as The Gramophone Co. (India) Limited in 1946, the company later became a public limited entity in 1968, strengthening its corporate structure.
- HMV Legacy: For decades, Saregama marketed music under the iconic HMV brand, building a strong cultural and commercial identity across India.
- Content Expansion: The company steadily built a vast multilingual catalogue covering film, classical, devotional, and folk music across 23+ languages.
- Modern Growth & Future Focus: Recent investments in digital content, artist management, and acquisitions signal a strong future-oriented strategy, supporting long-term growth and saregama india ltd share price outlook.
| Name | Saregama India Ltd |
| Founded year | 1901 |
| Headquarters | Kolkata, West Bengal, India |
| Sector | Music and entertainment |
| Current chairman | Avarna Jain-vice chairperson Vikram Mehra-managing director |
| Major subsidiaries | Yoodlee Films Rpg Global Music Limited Kolkata Metro Networks Limited Open Media Network Private Limited Saregama Plc RPG Publications Pvt. Ltd. Pocket Aces Pictures Private Limited Saregama Regency Optimedia Private Ltd Saregama Films Ltd. |
| revenue | 817 crores INR (US$97 million, 2024) |
| Geographical presence | Global |
| Nse code | SAREGAMA |
| Bse code | 532163 |
Timeline of Saregama India Ltd
| Year | Fact | Description |
| 1902 | First Indian Recording | Recorded India’s first song, marking the beginning of organised music recording in the country. |
| 1931 | Film Music Milestone | Released music for Alam Ara, India’s first talkie film. |
| 1946 | Company Incorporation | Incorporated as The Gramophone Co. (India) Limited in August 1946. |
| 1985 | RPG Group Takeover | Acquired by the RPG Group from EMI, UK, marking a strategic ownership shift. |
| 2000 | Rebranding | Renamed Saregama India Limited, reflecting a modernised corporate identity. |
| 2000 | Digital Entry | Launched HamaraCD.com, entering early digital music distribution. |
| 2003 | Business Restructuring | Transferred TV software business to Saregama Films Ltd. |
| 2007 | Subsidiary Merger | Amalgamated Saregama Films Ltd with the parent company. |
| 2016 | App-Based Expansion | Launched classical and devotional music applications. |
| 2017 | Content Acquisition | Acquired new Hindi and Tamil film music catalogues. |
| 2019 | Overseas Subsidiary | Established Saregama FZE as a wholly owned subsidiary. |
| 2022 | Catalogue Expansion | Acquired global rights to 1,900+ film and non-film songs. |
| 2023 | Demerger | E-commerce distribution business demerged into Digidrive Distributors Ltd. |
| 2024 | Artist Management Launch | Introduced a new artist management vertical and strengthened digital content presence. |
| 2025 | Strategic Acquisition | Acquired a controlling stake in Pocket Aces, expanding digital entertainment reach. |
Inside Saregama India Ltd: Exploring Subsidiary Ventures
Corporate action: Saregama India Ltd has declared 15 dividends since July 11, 2008, reflecting a consistent shareholder payout track record. Over the past 12 months, the company announced equity dividends totaling Rs. 9.00 per share. As of January 16, 2026, the saregama india ltd share price is around Rs. 348.75, translating into a dividend yield of approximately 2.58%. The most recent corporate action was an interim dividend of Rs. 4.50 per equity share, with an ex-date and record date of November 11, 2025, reaffirming the company’s steady capital distribution approach.
Main News:
- September 2025: Saregama India Ltd received approval to incorporate a wholly owned subsidiary in Dubai Mainland to expand live events, music festivals, and audio-video content licensing in overseas markets.
- November 2025: The company reported Q2 FY26 results, with revenue declining year-on-year to Rs. 1,947.2 million, while operating profit improved, reflecting margin resilience despite topline pressure.
- November 2025: Saregama declared an interim dividend of Rs. 4.50 per share, which supported investor sentiment around saregama india ltd share price.
Pocket Aces Pictures Private Limited
September 2025: Pocket Aces, a material subsidiary of Saregama India Ltd, is acquiring Finnet Media Private Limited for approximately Rs. 8.70 crore to expand its creator business and talent management offerings. Completion of the deal is expected on or before October 30, 2025.
Saregama India Ltd Subsidiaries NSE/BSE: Current Share Prices
| Company name | Sector | Share price |
| Saregama India Ltd | Film Production, Distribution & Entertainment | saregama india ltd share price |
Achievements & Milestone
- 1902 – Recorded India’s first-ever song, marking the beginning of organised music recording in the country
- 1931 – Released music for Alam Ara, India’s first talkie film
- 2017 – Won Best Use of PR by a Brand (Silver) at the IPRCCA Awards for the Carvaan campaign
- 2018 – Received Innovation of the Year at the Brand Equity Marketing Awards for Saregama Carvaan
- 2018 – Won Gold and Silver awards at the APAC Effies for marketing effectiveness
- 2019 – Carvaan campaign won accolades at the IndIAA Awards for brand innovation
- 2020 – Yoodlee Films’ Hamid won two National Film Awards, including Best Feature Film in Urdu
- 2021 – Recognition at international film festivals for Yoodlee Films’ productions such as Ajji and Noblemen
- 2023 – Expanded digital content footprint through strategic investments and catalogue acquisitions
- 2024 – Launched Artist Management vertical, strengthening creator-focused content ecosystem
Conclusion
Saregama India Ltd stands as a timeless pillar of India’s media and entertainment industry, blending a century-old legacy with a forward-looking digital strategy. From pioneering music recording in India to building a strong presence in digital content, films, and artist management, the company continues to evolve with changing consumption trends. Strategic acquisitions, consistent dividends, and global expansion initiatives underline its growth-focused approach. As digital platforms and content demand expand globally, Saregama’s rich IP library and innovation-driven model position it well for sustained growth, keeping long-term investor interest in saregama india ltd share price intact.
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Frequently Asked Questions
Where can I find real-time updates on the saregama india ltd share price?
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What does the saregama india ltd share price indicate about valuation?
The saregama india ltd share price is currently around Rs. 348.75 as on 17 Jan 2026, reflecting a P/E ratio of 32.83, which suggests the stock is trading at a relatively higher valuation. While the Saregama india ltd share price appears comparatively overvalued on earnings, investors are factoring in strong content ownership, digital monetisation, and long-term growth potential.
How does the Saregama share price chart help analyse performance?
The Saregama share price chart helps investors evaluate historical performance and volatility. By analysing price movements alongside earnings growth of 33.01% and an operating margin of 26.79%, investors can assess whether the Saregama India share has delivered sustainable long-term returns.
Is Saregama India financially strong based on key ratios?
Yes, Saregama India maintains financial stability with a current ratio of 2.87, indicating strong short-term liquidity. The company reports a ROE of 14.55% and ROA of 10.53%, reflecting moderate capital efficiency. A debt-to-equity ratio of zero further strengthens the balance sheet and supports confidence in the Saregama company share price.
How does dividend and shareholding data support investor confidence?
Saregama declared a dividend of Rs. 4.50 per share, translating into a dividend yield of 1.29%, supporting income-seeking investors tracking the Saregama India share. The Saregama shareholding pattern shows promoter holding at 59.65% with zero pledging, reinforcing long-term commitment and stability in the Saregama share market.
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