Zee Media Corporation Ltd

Zee Media Corporation Ltd

₹ 14.6 1.39%
18 Jun 4:01 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 909 Cr.
  • Current Price 14.6
  • High / Low 18.3 / 7.75
  • Stock P/E
  • Book Value 4.63
  • Dividend Yield 0.00 %
  • ROCE -18.3 %
  • ROE -29.9 %
  • Face Value 1.00

Pros

Cons

  • Stock is trading at 3.17 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -1.46% over past five years.
  • Promoter holding is low: 0.07%
  • Company has a low return on equity of 1.28% over last 3 years.
  • Contingent liabilities of Rs.486 Cr.
  • Debtor days have increased from 96.3 to 118 days.
  • 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

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
182.93 170.18 206.14 242.81 247.73 206.96 194.77 171.20 147.69 140.41 151.59 167.31 178.98
122.73 124.87 143.94 155.31 189.13 167.12 174.38 165.91 152.80 160.19 171.81 192.79 152.84
Operating Profit 60.20 45.31 62.20 87.50 58.60 39.84 20.39 5.29 -5.11 -19.78 -20.22 -25.48 26.14
OPM % 32.91% 26.62% 30.17% 36.04% 23.65% 19.25% 10.47% 3.09% -3.46% -14.09% -13.34% -15.23% 14.60%
-8.82 -15.88 -124.14 3.59 -67.22 2.85 0.82 1.32 -16.86 10.60 3.58 3.19 4.31
Interest 9.59 11.15 8.92 8.15 9.59 7.33 7.61 7.39 7.34 5.73 5.08 4.93 8.40
Depreciation 20.37 21.68 20.70 21.26 21.22 22.80 22.24 23.29 23.33 19.23 19.52 19.19 27.00
Profit before tax 21.42 -3.40 -91.56 61.68 -39.43 12.56 -8.64 -24.07 -52.64 -34.14 -41.24 -46.41 -4.95
Tax % 50.98% -166.47% -12.13% 26.30% -30.48% 34.79% -39.81% 20.40% 13.01% 25.86% 25.56% 22.62% -31.52%
10.50 -9.06 -102.67 45.46 -51.45 8.19 -12.08 -19.16 -45.79 -25.31 -30.70 -35.91 -6.51
EPS in Rs 0.22 -0.19 -1.64 0.73 -0.82 0.13 -0.19 -0.31 -0.73 -0.40 -0.49 -0.57 -0.10
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
304 335 544 543 450 573 687 632 649 867 721 638
263 303 504 464 353 466 532 449 430 605 660 677
Operating Profit 41 32 40 79 97 108 155 183 219 262 61 -39
OPM % 13% 10% 7% 14% 22% 19% 23% 29% 34% 30% 8% -6%
22 23 8 12 -48 9 -51 -315 -7 -212 -12 22
Interest 9 10 53 49 15 18 18 24 24 38 30 24
Depreciation 12 16 50 47 27 41 55 88 81 85 92 85
Profit before tax 42 29 -56 -4 7 58 30 -243 107 -73 -73 -127
Tax % 35% 26% 22% -12% 336% 52% 121% -11% 29% -62% 5% 22%
27 21 -43 -5 -16 28 -6 -271 76 -118 -69 -98
EPS in Rs 0.78 0.61 -0.99 -0.18 -0.42 0.42 -0.15 -5.76 1.61 -1.88 -1.10 -1.57
Dividend Payout % 0% 0% 0% -78% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 7%
5 Years: -1%
3 Years: -1%
TTM: -11%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -136%
Stock Price CAGR
10 Years: -3%
5 Years: 5%
3 Years: 12%
1 Year: 79%
Return on Equity
10 Years: 0%
5 Years: 6%
3 Years: 1%
Last Year: -30%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 24 24 36 44 47 47 47 47 47 63 63 63
Reserves 189 207 325 500 469 625 591 318 485 353 284 227
67 111 460 385 109 125 194 118 366 244 199 246
87 104 173 176 563 255 211 243 207 311 327 433
Total Liabilities 366 446 994 1,104 1,188 1,052 1,042 726 1,105 971 873 968
86 138 630 579 152 230 247 294 262 329 340 555
CWIP 4 3 4 12 23 7 0 0 0 1 2 0
Investments 0 4 2 3 511 525 431 70 71 80 58 42
276 302 359 511 502 290 364 362 772 561 472 370
Total Assets 366 446 994 1,104 1,188 1,052 1,042 726 1,105 971 873 968

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
80 28 -18 34 95 66 59 164 123 230 162 77
-71 -54 19 -65 -100 -103 -98 -27 -44 -166 -113 15
-21 36 19 100 -33 -15 34 -51 -29 -120 -93 -92
Net Cash Flow -13 10 20 69 -38 -52 -5 87 51 -56 -45 -1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 107 95 77 79 114 111 110 116 134 100 71 118
Inventory Days 34 55
Days Payable 235 342
Cash Conversion Cycle 107 95 -123 -208 114 111 110 116 134 100 71 118
Working Capital Days 202 158 1 53 6 28 60 49 260 106 -17 -79
ROCE % 17% 12% 1% 6% 11% 10% 13% 16% 21% 24% -2%

Shareholding Pattern

Numbers in percentages

2 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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