Saregama IndiaNSE:SAREGAMA +0.65%94 Interest Coverage is 47.23 as of Mar. 2026, which is 25% above its 10-year median of 37.68. GuruFocus rates NSE:SAREGAMA with a GF Score™ of 94/100 and a GF Value™ of ₹522.58 (Fairly Valued). The stock has 11 warning signs investors should review. Among 602 Media - Diversified companies, Saregama India ranks better than 68.77% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Saregama India's
Operating Income
for the
three
months ended in Mar. 2026 was ₹973 Mil. Saregama India's Interest Expense for the
three
months ended in Mar. 2026 was ₹-21 Mil.
Saregama India's interest coverage for the quarter that ended in Mar. 2026 was 47.23.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Saregama India's Interest Coverage or its related term are showing as below:
NSE:SAREGAMA'
s Interest Coverage Range Over the Past 10 Years
Min: 2.86 Med: 37.68 Max: 79.79
Current: 46.91
NSE:SAREGAMA's Interest Coverage is ranked better than 68.77% of 602
companies
in the Media - Diversified industry
Industry Median: 11.775
vs NSE:SAREGAMA: 46.91
Saregama India (NSE:SAREGAMA) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Saregama India Interest Coverage Related Terms
Saregama India Interest Coverage Historical Data
* Premium members only.
The historical data trend for Saregama India's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
NSE:SAREGAMA vs NFLX, DIS, WBD: Interest Coverage Comparison
For the Entertainment subindustry, Saregama India's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Saregama India's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Saregama India's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (NSE:SAREGAMA) has a Interest Coverage of 47.23 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Saregama India and its competitors. This is 25% above median its historical median of 37.68. Over the past decade, Saregama India's Interest Coverage has ranged from 2.86 to 79.79. According to the industry distribution chart, Saregama India ranks #188 out of 602 companies in the Media - Diversified industry, placing it in the top 31.2%.
Is Saregama India's Interest Coverage too high?
Saregama India's current Interest Coverage of 47.23 is 25% above median its 10-year median of 37.68. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 79.79. The Media - Diversified industry median Interest Coverage is 11.78. Saregama India's value of 47.23 is 301.1% above this industry median. Based on the distribution chart, Saregama India ranks #188 out of 602 companies in the Media - Diversified industry, which is above the industry midpoint. 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 Interest Coverage compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Saregama India ranks #188 out of 602 companies for Interest Coverage. This puts Saregama India in the upper half of its industry. The industry median Interest Coverage is 11.78. Saregama India's value of 47.23 is 301.1% above this benchmark. Historically, Saregama India's own Interest Coverage has ranged from 2.86 to 79.79 over the past decade. While the company's 10-year median is 37.68 vs. the industry median of 11.78, 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 Interest Coverage for a Media - Diversified company?
The median Interest Coverage among Media - Diversified companies is 11.78, based on 602 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Saregama India's current Interest Coverage of 47.23 is 301.1% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Saregama India and its competitors. For the Media - Diversified industry, the median Interest Coverage is 11.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saregama India's current Interest Coverage is 47.23, which is 25% above median its own 10-year median of 37.68. 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 ₹522.58, compared to a current price of ₹479.20 — trading 8.3% below its estimated fair value. The current Interest Coverage is 47.23, which is 25% above median its 10-year median of 37.68 and 301.1% above the Media - Diversified industry median of 11.78. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Saregama India (NSE:SAREGAMA), the current Interest Coverage is 47.23 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 ₹479.20 is trading 8.3% below its estimated GF Value™ of ₹522.58.
GuruFocus considers Saregama India to be Fairly Valued.
Key valuation signals for NSE:SAREGAMA:
Interest Coverage: 47.23 (25% above median its 10-year median of 37.68)
GF Value™: ₹522.58 vs. price of ₹479.20 (8.3% below fair value)
Industry Position: 301.1% above the Media - Diversified median (#188 of 602)
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 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
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