Zee Media Corporation Ltd

Zee Media Corporation Ltd

₹ 8.49 1.31%
18 Jun - close price
About

Incorporated in 1999, ZEE Media Corporation Ltd is in the news publishing and broadcasting business[1]

Key Points

Product Profile:[1][2]
ZMCL is a part of the Essel group. It reaches to 220 million users through 15 news channels comprising 1 global, 3 national and 11 regional channels in the linear TV platform. It has also set up multi-lingual digital news platform i.e., Zeenews.com, wherein news is broadcast online in 9 languages – Hindi, English, Marathi, Bengali, Tamil, Telugu, Malayalam, Kannada and Gujarati.
Company reaches out to 60+ million users through the digital platform. Its global channel WION, is available on Etisalat in MENA region and on Sky Channel in the UK market. From February 2023, ZMCL has moved out from Zee’s Channel Bouquet

  • Market Cap 531 Cr.
  • Current Price 8.49
  • High / Low 16.5 / 6.65
  • Stock P/E 31.4
  • Book Value 7.11
  • Dividend Yield 0.00 %
  • ROCE 5.70 %
  • ROE 3.88 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Stock is trading at 1.19 times its book value
  • Company is expected to give good quarter

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -0.05% over past five years.
  • Promoter holding is low: 9.48%
  • Company has a low return on equity of -12.4% over last 3 years.
  • Contingent liabilities of Rs.550 Cr.
  • Company has high debtors of 184 days.
  • Company's cost of borrowing seems high

* 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

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
109 98 109 116 135 126 94 117 117 142 117 200 113
108 117 131 151 108 123 123 113 125 124 117 116 117
Operating Profit 2 -19 -21 -35 26 3 -29 4 -7 17 1 84 -4
OPM % 1% -19% -20% -30% 20% 2% -31% 3% -6% 12% 1% 42% -4%
-25 9 2 2 3 9 2 1 5 1 1 1 16
Interest 7 5 5 5 7 8 7 7 8 5 5 5 5
Depreciation 16 12 12 12 20 24 24 24 23 22 21 20 20
Profit before tax -46 -27 -37 -49 1 -19 -58 -27 -32 -8 -25 60 -14
Tax % -10% -26% -25% -23% 82% -25% -25% -25% -29% -21% -4% -2% 3%
-41 -20 -28 -38 0 -14 -43 -20 -23 -7 -24 61 -14
EPS in Rs -0.66 -0.32 -0.44 -0.61 0.00 -0.23 -0.69 -0.32 -0.36 -0.11 -0.38 0.98 -0.23
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
380 384 398 510 607 559 573 655 517 458 455 572
338 325 312 407 479 414 391 483 453 506 484 473
Operating Profit 42 58 86 103 129 145 182 172 64 -49 -29 98
OPM % 11% 15% 22% 20% 21% 26% 32% 26% 12% -11% -6% 17%
10 14 11 14 -92 -317 -8 41 -19 15 17 18
Interest 13 13 15 17 18 24 24 37 27 23 30 19
Depreciation 29 27 26 40 47 72 65 68 63 57 94 84
Profit before tax 10 32 56 59 -29 -267 85 109 -45 -113 -136 13
Tax % 41% 31% 32% 31% 92% 8% 30% 24% 1% -24% -26% -27%
6 22 38 41 -55 -289 59 84 -45 -86 -100 17
EPS in Rs 0.13 0.47 0.81 0.86 -1.17 -6.13 1.26 1.34 -0.72 -1.37 -1.60 0.27
Dividend Payout % -0% 30% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: 4%
5 Years: 0%
3 Years: 3%
TTM: 26%
Compounded Profit Growth
10 Years: -3%
5 Years: -24%
3 Years: 61%
TTM: 116%
Stock Price CAGR
10 Years: -11%
5 Years: -4%
3 Years: 2%
1 Year: -36%
Return on Equity
10 Years: 1%
5 Years: -5%
3 Years: -12%
Last Year: 4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 36 44 47 47 47 47 47 63 63 63 63 63
Reserves 368 572 595 631 576 286 436 545 500 414 364 382
133 112 109 125 194 118 363 238 197 243 172 82
90 112 184 199 195 231 193 193 204 358 428 512
Total Liabilities 628 840 935 1,002 1,012 682 1,040 1,040 964 1,078 1,027 1,039
106 93 145 206 200 246 221 178 155 397 305 223
CWIP 2 12 23 6 -0 0 -0 1 2 -0 1 0
Investments 310 466 522 549 496 133 133 342 433 407 403 378
210 269 245 241 316 303 685 518 374 273 317 437
Total Assets 628 840 935 1,002 1,012 682 1,040 1,040 964 1,078 1,027 1,039

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
30 50 105 66 37 125 122 115 139 62 52 75
-19 -185 -100 -99 -82 -11 -37 -50 -74 23 -2 23
6 157 -32 -15 34 -50 -28 -118 -90 -91 -47 -81
Net Cash Flow 18 22 -27 -48 -11 65 57 -54 -25 -6 4 17
Free Cash Flow 38 -6 41 -16 12 83 84 81 99 53 43 72
CFO/OP 104% 107% 122% 83% 50% 98% 81% 87% 250% -145% -123% 86%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 82 85 116 113 111 120 138 123 79 135 138 184
Inventory Days
Days Payable
Cash Conversion Cycle 82 85 116 113 111 120 138 123 79 135 138 184
Working Capital Days 2 1 -50 -27 1 29 206 129 -78 -230 -195 -125
ROCE % 6% 7% 10% 10% 11% 13% 19% 13% 3% -12% -17% 6%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Total Number of News Channels
Number

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Digital Monthly Average Users (MAU)
Million Users
Digital Reach - Total Page Views
Billion
Network TV Viewership Monthly Reach
Million Viewers
Zee Salaam Market Share
%
Zee Business Average Market Share
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
4.34% 0.07% 0.07% 0.07% 0.42% 1.62% 1.62% 1.62% 3.90% 6.30% 9.48% 9.48%
8.26% 8.27% 8.48% 8.14% 8.15% 8.78% 12.06% 13.65% 15.97% 16.00% 15.00% 16.04%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.24% 4.22% 4.25% 4.25% 4.19% 4.19%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.44% 0.44% 0.44% 0.44%
87.40% 91.66% 91.46% 91.78% 91.43% 89.60% 82.08% 80.50% 75.44% 73.01% 70.89% 69.84%
No. of Shareholders 1,81,2041,92,4101,85,7592,08,4972,03,7071,96,4941,92,5431,91,2521,90,8351,90,6941,90,8821,88,185

* 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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