Zee Entertainment Enterprises Ltd
Zee Entertainment Enterprises is mainly in the following businesses: Broadcasting of Satellite Television Channels, Space Selling agent for other satellite television channels, and Sale of Media Content i.e. programs / film rights / feeds /music rights.
- Market Cap ₹ 11,882 Cr.
- Current Price ₹ 124
- High / Low ₹ 169 / 89.3
- Stock P/E 15.2
- Book Value ₹ 111
- Dividend Yield 0.82 %
- ROCE 9.83 %
- ROE 7.58 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Stock is trading at 1.11 times its book value
- Company has been maintaining a healthy dividend payout of 21.7%
Cons
- The company has delivered a poor sales growth of 1.12% over past five years.
- Promoter holding is low: 3.98%
- Company has a low return on equity of 5.40% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Entertainment Industry: Entertainment / Electronic Media Software
Part of BSE 500 BSE Teck Nifty 500 BSE MidCap Nifty Media
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3,076 | 3,426 | 4,206 | 5,025 | 5,796 | 6,858 | 7,294 | 6,665 | 7,511 | 7,422 | 8,075 | 7,712 | |
2,042 | 2,376 | 3,094 | 3,575 | 3,763 | 4,149 | 5,710 | 4,988 | 5,565 | 6,416 | 7,151 | 6,648 | |
Operating Profit | 1,034 | 1,050 | 1,112 | 1,450 | 2,032 | 2,708 | 1,583 | 1,677 | 1,946 | 1,006 | 924 | 1,064 |
OPM % | 34% | 31% | 26% | 29% | 35% | 39% | 22% | 25% | 26% | 14% | 11% | 14% |
182 | 222 | 226 | 378 | 981 | 174 | -53 | 124 | -8 | -394 | -201 | 86 | |
Interest | 7 | 2 | 149 | 127 | 143 | 128 | 139 | 53 | 40 | 68 | 69 | 30 |
Depreciation | 34 | 58 | 60 | 86 | 140 | 159 | 178 | 146 | 111 | 192 | 223 | 214 |
Profit before tax | 1,175 | 1,212 | 1,130 | 1,615 | 2,731 | 2,596 | 1,213 | 1,602 | 1,787 | 353 | 431 | 906 |
Tax % | 34% | 31% | 42% | 40% | 30% | 36% | 38% | 30% | 25% | 54% | 30% | 23% |
772 | 832 | 658 | 968 | 1,912 | 1,655 | 752 | 1,121 | 1,339 | 164 | 302 | 701 | |
EPS in Rs | 8.04 | 8.66 | 6.85 | 10.08 | 19.91 | 17.23 | 7.83 | 11.67 | 13.94 | 1.71 | 3.14 | 7.30 |
Dividend Payout % | 25% | 26% | 33% | 25% | 15% | 20% | 4% | 21% | 22% | 0% | 32% | 33% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 1% |
3 Years: | 1% |
TTM: | -4% |
Compounded Profit Growth | |
---|---|
10 Years: | -1% |
5 Years: | -3% |
3 Years: | -18% |
TTM: | 69% |
Stock Price CAGR | |
---|---|
10 Years: | -9% |
5 Years: | -6% |
3 Years: | -20% |
1 Year: | -17% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 9% |
3 Years: | 5% |
Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 96 | 96 | 96 | 96 | 96 | 96 | 96 | 96 | 96 | 96 | 96 | 96 |
Reserves | 1,855 | 2,472 | 3,512 | 4,251 | 5,724 | 7,035 | 7,532 | 8,652 | 9,752 | 9,615 | 9,910 | 10,562 |
2,020 | 2,021 | 1,716 | 2,203 | 1,526 | 1,114 | 656 | 408 | 68 | 278 | 219 | 311 | |
746 | 1,009 | 870 | 1,093 | 1,702 | 2,624 | 2,411 | 2,127 | 2,143 | 2,644 | 2,312 | 1,764 | |
Total Liabilities | 4,717 | 5,598 | 6,194 | 7,643 | 9,048 | 10,869 | 10,695 | 11,283 | 12,059 | 12,633 | 12,537 | 12,732 |
263 | 294 | 304 | 502 | 957 | 879 | 697 | 553 | 601 | 872 | 743 | 603 | |
CWIP | 100 | 88 | 46 | 99 | 10 | 18 | 22 | 32 | 86 | 19 | 9 | 1 |
Investments | 1,008 | 1,109 | 2,221 | 2,412 | 1,988 | 1,572 | 854 | 1,450 | 1,165 | 762 | 790 | 1,972 |
3,346 | 4,108 | 3,622 | 4,630 | 6,094 | 8,401 | 9,122 | 9,248 | 10,207 | 10,979 | 10,994 | 10,156 | |
Total Assets | 4,717 | 5,598 | 6,194 | 7,643 | 9,048 | 10,869 | 10,695 | 11,283 | 12,059 | 12,633 | 12,537 | 12,732 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
443 | 662 | 550 | 824 | 733 | 263 | 307 | 1,102 | 286 | 178 | 675 | 936 | |
-368 | -183 | 42 | -272 | 403 | 1,061 | 256 | -366 | 462 | 11 | -47 | -1,343 | |
-149 | -342 | -410 | -379 | -1,090 | -966 | -1,039 | -537 | -704 | -396 | -250 | 38 | |
Net Cash Flow | -74 | 138 | 182 | 172 | 47 | 358 | -476 | 198 | 44 | -207 | 378 | -368 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 95 | 89 | 83 | 69 | 81 | 88 | 106 | 97 | 79 | 75 | 72 | 66 |
Inventory Days | 481 | 657 | 651 | 776 | 835 | 881 | 704 | |||||
Days Payable | 215 | 263 | 210 | 203 | 183 | 227 | 160 | |||||
Cash Conversion Cycle | 95 | 89 | 83 | 69 | 346 | 483 | 547 | 670 | 731 | 730 | 615 | 66 |
Working Capital Days | 214 | 228 | 171 | 145 | 146 | 217 | 280 | 317 | 347 | 360 | 326 | 394 |
ROCE % | 32% | 28% | 26% | 29% | 41% | 35% | 20% | 21% | 20% | 11% | 8% | 10% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
16 May - Zee Q4 FY'25 earnings: improved margins, 50% ZEE5 loss reduction, 7% subscription growth, cautious outlook.
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Clarification - Disclosure Dated May 13, 2025
13 May - Correction: Arbitral award date is May 12, 2025, not May 12, 2024.
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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015, As Amended From Time To Time
13 May - Arbitral tribunal rejected ABFL claims against Zee on 134 Cr loan dispute with Siti Networks.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 9 May
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
8 May - Q4 & FY25 results: 14.4% EBITDA margin, Rs 6.87bn PAT, 6% ZEE5 revenue growth, strong cash Rs 24.1bn.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Concalls
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May 2025Transcript PPT
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India’s largest Television network[1]
ZEE Entertainment was started in 1982 by Subash Chandra. Zeel is one of the largest global content companies that connects 1bn+ people and offers content across various Genres, Languages, and platforms. Zeel is engaged in Broadcast & Digital Business, Movies & Music, Live Events.[2]