Saregama India (NSE:SAREGAMA) Gross Margin %: 67.25% (As of Mar. 2026) — 12% Above Median

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NSE:SAREGAMA Saregama India Ltd NSE:SAREGAMA
94 GF Score
Price ₹494.85
GF Value ₹524.42
Valuation Fairly Valued
! 11 Warning Signs
View Full Analysis

What is Saregama India Gross Margin %?

Saregama India NSE:SAREGAMA +1.08% 94 Gross Margin % is 67.25% as of Mar. 2026, which is 12% above its 10-year median of 60.07. GuruFocus rates NSE:SAREGAMA with a GF Score™ of 94/100 and a GF Value™ of ₹524.42 (Fairly Valued). The stock has 11 warning signs investors should review. Among 944 Media - Diversified companies, Saregama India ranks better than 80.61% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Saregama India's Gross Profit for the three months ended in Mar. 2026 was ₹1,933 Mil. Saregama India's Revenue for the three months ended in Mar. 2026 was ₹2,874 Mil. Therefore, Saregama India's Gross Margin % for the quarter that ended in Mar. 2026 was 67.25%.

Warning Sign:

Saregama India Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.2%.


The historical rank and industry rank for Saregama India's Gross Margin % or its related term are showing as below:

NSE:SAREGAMA' s Gross Margin % Range Over the Past 10 Years
Min: 47.8   Med: 60.07   Max: 68.88
Current: 68.88


During the past 13 years, the highest Gross Margin % of Saregama India was 68.88%. The lowest was 47.80%. And the median was 60.07%.

NSE:SAREGAMA's Gross Margin % is ranked better than
80.61% of 944 companies
in the Media - Diversified industry
Industry Median: 38.99 vs NSE:SAREGAMA: 68.88

Saregama India had a gross margin of 67.25% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Saregama India was -3.20% per year.


Saregama India  (NSE:SAREGAMA) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Saregama India had a gross margin of 67.25% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Saregama India Gross Margin % Related Terms


Saregama India Gross Margin % Historical Data

* Premium members only.

The historical data trend for Saregama India's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Saregama India Gross Margin % Chart

Saregama India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.72 58.85 61.30 47.80 61.29

Saregama India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 60.98 92.63 57.01 62.32 67.25

NSE:SAREGAMA vs NFLX, DIS, WBD: Gross Margin % Comparison

For the Entertainment subindustry, Saregama India's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Saregama India Gross Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Saregama India's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Saregama India's Gross Margin % falls into.


NSE:SAREGAMA
94GF Score
Saregama India Ltd NSE:SAREGAMA
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saregama India Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Saregama India's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=6034.7 / 9846.2
=(Revenue - Cost of Goods Sold) / Revenue
=(9846.2 - 3811.5) / 9846.2
=61.29 %

Saregama India's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1932.9 / 2874.4
=(Revenue - Cost of Goods Sold) / Revenue
=(2874.4 - 941.5) / 2874.4
=67.25 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 67.25% mean?
Saregama India (NSE:SAREGAMA) has a Gross Margin % of 67.25% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Saregama India and its competitors. This is 12% above median its historical median of 60.07. Over the past decade, Saregama India's Gross Margin % has ranged from 47.80 to 68.88. According to the industry distribution chart, Saregama India ranks #183 out of 944 companies in the Media - Diversified industry, placing it in the top 19.4%.
Is Saregama India's Gross Margin % too high?
Saregama India's current Gross Margin % of 67.25% is 12% above median its 10-year median of 60.07. Over the past 10 years, this metric has ranged from a low of 47.80 to a high of 68.88. The Media - Diversified industry median Gross Margin % is 38.99. Saregama India's value of 67.25% is 72.5% above this industry median. Based on the distribution chart, Saregama India ranks #183 out of 944 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Saregama India has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Saregama India's Gross Margin % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Saregama India ranks #183 out of 944 companies for Gross Margin %. This places Saregama India in the top 19% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 38.99. Saregama India's value of 67.25% is 72.5% above this benchmark. Historically, Saregama India's own Gross Margin % has ranged from 47.80 to 68.88 over the past decade. While the company's 10-year median is 60.07 vs. the industry median of 38.99, Saregama India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Media - Diversified company?
The median Gross Margin % among Media - Diversified companies is 38.99, based on 944 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Saregama India's current Gross Margin % of 67.25% is 72.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Saregama India and its competitors. For the Media - Diversified industry, the median Gross Margin % is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saregama India's current Gross Margin % is 67.25%, which is 12% above median its own 10-year median of 60.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saregama India stock overvalued right now?
Based on GuruFocus' analysis, Saregama India (NSE:SAREGAMA) is currently considered Fairly Valued. The stock's GF Value™ is ₹524.42, compared to a current price of ₹494.85 — trading 5.6% below its estimated fair value. The current Gross Margin % is 67.25%, which is 12% above median its 10-year median of 60.07 and 72.5% above the Media - Diversified industry median of 38.99. Saregama India's overall GF Score™ is 94/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Saregama India (NSE:SAREGAMA), the current Gross Margin % is 67.25% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Saregama India (NSE:SAREGAMA) Overvalued in 2026?

Based on GuruFocus' analysis, Saregama India stock appears to be undervalued. The current stock price of ₹494.85 is trading 5.6% below its estimated GF Value™ of ₹524.42. GuruFocus considers Saregama India to be Fairly Valued.

Key valuation signals for NSE:SAREGAMA:

  • Gross Margin %: 67.25% (12% above median its 10-year median of 60.07)
  • GF Value™: ₹524.42 vs. price of ₹494.85 (5.6% below fair value)
  • GF Score™: 94/100 with 11 warning signs
  • Industry Position: 72.5% above the Media - Diversified median (#183 of 944)

No single metric tells the full story. See the NSE:SAREGAMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saregama India Business Description

Other Exchanges 532163:India
Address Building 30, Forjett Street, Grant Road West, 2nd Floor, Spencer Building, Mumbai, MH, IND, 400 036
Saregama India Ltd is a holding company, which engages in the production and distribution of music, television programs, and movies. It operates through the following segments: Music, Films/TV Serials, and Publication. The Music segment deals with the business of manufacturing and sale of Music storage devices viz. Carvaan, Music Card, etc, and dealing with related music rights. The Films/TV Serials and Event segment engaged in the production and sale/telecast/broadcast of films/TV Serials, pre-recorded programs, organizing live musical events, and dealing in film rights. The Publication segment publishes the weekly current affairs magazine 'OPEN' through its publication business. The firm derives a majority of its revenue from the Music segment.
94GF Score

Get the complete analysis for NSE:SAREGAMA

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹494.85
Price
₹524.42
GF Value