Zee Media Corporation Ltd

Zee Media Corporation Ltd

₹ 11.1 -0.36%
24 Apr 3:18 p.m.
About

Zee Media Corporation Limited is an Indian News organization with interests in Global, National, and Regional News channels and Digital News Publishing. [1]

Key Points

Services
The Co. is India’s leading news network operating under the brand name “Zee”. Its business portfolio comprises 14 news channels telecast in 8 different languages, 19 digital news sites in various languages, and 3 digital news apps. The company’s national news channels include Zee News (Flagship), Zee Business, Zee Hindustan, and Zee Salaam. Its regional channels include Zee Rajasthan, Zee Odisha, etc.
It also has a Global English News Channel named WION. [1]

  • Market Cap 692 Cr.
  • Current Price 11.1
  • High / Low 18.3 / 7.35
  • Stock P/E
  • Book Value 8.22
  • Dividend Yield 0.00 %
  • ROCE 2.81 %
  • ROE -1.42 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Debtor days have improved from 113 to 77.3 days.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 0.26% over past five years.
  • Promoter holding is low: 0.07%
  • Company has a low return on equity of 7.99% over last 3 years.
  • Contingent liabilities of Rs.465 Cr.
  • Promoter holding has decreased over last 3 years: -18.0%

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
164 163 137 161 184 173 148 139 120 109 98 109 116
104 108 107 122 124 138 119 116 111 108 117 131 151
Operating Profit 60 55 30 39 60 34 29 23 9 2 -19 -21 -35
OPM % 37% 34% 22% 24% 32% 20% 19% 17% 8% 1% -19% -20% -30%
1 -10 219 -124 1 -46 2 2 3 -25 9 2 2
Interest 5 9 11 9 8 9 7 7 7 7 5 5 5
Depreciation 16 17 17 17 17 16 16 15 15 16 12 12 12
Profit before tax 40 18 221 -111 36 -36 8 4 -10 -46 -27 -37 -49
Tax % 24% 55% 1% -5% 30% -19% 41% 87% 14% 10% 26% 25% 23%
31 8 218 -117 25 -43 5 0 -9 -41 -20 -28 -38
EPS in Rs 0.65 0.18 4.63 -1.87 0.40 -0.69 0.07 0.01 -0.14 -0.66 -0.32 -0.44 -0.61
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
273 267 305 380 384 398 510 607 559 573 655 517 432
230 239 283 338 325 312 407 479 414 391 483 453 506
Operating Profit 43 28 22 42 58 86 103 129 145 182 172 64 -73
OPM % 16% 11% 7% 11% 15% 22% 20% 21% 26% 32% 26% 12% -17%
-5 27 26 10 14 11 14 -92 -317 -8 41 -19 -13
Interest 11 9 10 13 13 15 17 18 24 24 37 27 22
Depreciation 10 11 15 29 27 26 40 47 72 65 68 63 52
Profit before tax 17 35 23 10 32 56 59 -29 -267 85 109 -45 -160
Tax % 64% 31% 17% 41% 31% 32% 31% -92% -8% 30% 24% -1%
6 24 19 6 22 38 41 -55 -289 59 84 -45 -128
EPS in Rs 0.20 0.78 0.60 0.13 0.47 0.81 0.86 -1.17 -6.13 1.26 1.34 -0.72 -2.03
Dividend Payout % 0% 0% 0% 0% 30% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 7%
5 Years: 0%
3 Years: -3%
TTM: -25%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -2219%
Stock Price CAGR
10 Years: -2%
5 Years: -6%
3 Years: 21%
1 Year: 27%
Return on Equity
10 Years: 6%
5 Years: 6%
3 Years: 8%
Last Year: -1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 24 24 24 36 44 47 47 47 47 47 63 63 63
Reserves 155 179 198 368 572 595 631 576 286 436 504 459 452
78 67 111 133 112 109 125 194 118 363 238 197 179
65 71 90 90 112 184 199 195 231 193 235 245 324
Total Liabilities 322 341 423 628 840 935 1,002 1,012 682 1,040 1,040 964 1,017
71 73 124 106 93 145 206 200 246 221 178 155 147
CWIP 1 4 3 2 12 23 6 0 0 0 1 2 0
Investments 8 8 12 310 466 522 549 496 133 133 342 433 433
241 255 284 210 269 245 241 316 303 685 518 374 437
Total Assets 322 341 423 628 840 935 1,002 1,012 682 1,040 1,040 964 1,017

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-20 72 24 30 50 105 66 37 125 122 115 139
-66 -58 -52 -19 -185 -100 -99 -82 -11 -37 -50 -74
16 -21 36 6 157 -32 -15 34 -50 -28 -118 -90
Net Cash Flow -70 -7 8 18 22 -27 -48 -11 65 57 -54 -25

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 121 109 95 82 85 116 113 111 120 138 123 77
Inventory Days
Days Payable
Cash Conversion Cycle 121 109 95 82 85 116 113 111 120 138 123 77
Working Capital Days 189 218 162 52 37 -10 17 49 40 262 171 -24
ROCE % 20% 16% 11% 6% 7% 10% 10% 11% 13% 19% 14% 3%

Shareholding Pattern

Numbers in percentages

24 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
14.72% 8.52% 8.52% 8.52% 4.34% 4.34% 4.34% 4.34% 4.34% 0.07% 0.07% 0.07%
10.14% 7.64% 7.74% 7.99% 8.52% 8.43% 8.54% 8.55% 8.26% 8.27% 8.48% 8.14%
2.07% 0.80% 0.94% 0.30% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
73.07% 83.04% 82.79% 83.19% 87.15% 87.23% 87.12% 87.10% 87.40% 91.66% 91.46% 91.78%
No. of Shareholders 1,38,1461,42,6691,53,5001,72,8181,81,5141,80,6711,76,7221,77,9151,81,2041,92,4101,85,7592,08,497

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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