Saregama India Limited has informed the Exchange regarding 'Updated Insider Trading Prohibition Code, pursuant to the applicable provisions of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015'.
SAREGAMA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Saregama India reported its annual audited results (standalone and consolidated) for Q4 and FY ended 31 March 2025 on 15 May 2025. Consolidated revenue from operations grew sharply to Rs 1,17,136 lakhs in FY25 from Rs 80,300 lakhs in FY24 (~46% jump), driven by strong growth in Events (Rs 28,523 lakhs vs Rs 1,344 lakhs) and Artist Management (Rs 6,931 lakhs vs Rs 2,076 lakhs) segments. However, profit for the year rose only modestly to Rs 20,424 lakhs (from Rs 19,756 lakhs) as operational costs more than doubled to Rs 54,309 lakhs. EPS rose to Rs 10.62 from Rs 10.27. Q4 (standalone) revenue fell to Rs 21,593 lakhs from Rs 23,844 lakhs a year ago, though Q4 profit improved to Rs 5,551 lakhs. The board also appointed M/s. Alwyn Jay & Co. as Secretarial Auditor for 5 years (FY26-FY30) subject to shareholder approval, approved an updated Insider Trading Prohibition Code, and noted an interim dividend of Rs 4.5/share (450%) already paid. BSR & Co. LLP issued an unmodified audit opinion. The company's stake in Pocket Aces Pictures rose to 90.37% with a goodwill impairment of Rs 2,743 lakhs (net exceptional gain of Rs 496 lakhs after adjusting deferred consideration).
Strong top-line growth reflects successful diversification into Events and Artist Management, but margin pressure from higher operational costs kept bottom-line growth modest. Improved operating cash flow (Rs 33,120 lakhs vs Rs 9,325 lakhs) and a clean audit opinion are positives, while the Pocket Aces impairment and weak Q4 revenue may temper near-term sentiment.