Zee Media Corporation Ltd

Zee Media Corporation Ltd

₹ 15.0 0.33%
23 Feb - close price
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 941 Cr.
  • Current Price 15.0
  • High / Low 18.3 / 7.35
  • Stock P/E
  • Book Value 5.29
  • Dividend Yield 0.00 %
  • ROCE -1.91 %
  • ROE -10.6 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Debtor days have improved from 102 to 71.0 days.

Cons

  • Stock is trading at 2.84 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 4.67% over past five years.
  • Promoter holding is low: 0.07%
  • Contingent liabilities of Rs.486 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

Consolidated Figures in Rs. Crores / View Standalone

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
184 183 170 206 243 248 207 195 171 148 140 152 167
116 123 125 144 155 189 167 174 166 153 160 172 193
Operating Profit 68 60 45 62 88 59 40 20 5 -5 -20 -20 -25
OPM % 37% 33% 27% 30% 36% 24% 19% 10% 3% -3% -14% -13% -15%
1 -9 -16 -124 4 -67 3 1 1 -17 11 4 3
Interest 5 10 11 9 8 10 7 8 7 7 6 5 5
Depreciation 19 20 22 21 21 21 23 22 23 23 19 20 19
Profit before tax 45 21 -3 -92 62 -39 13 -9 -24 -53 -34 -41 -46
Tax % 24% 51% -166% -12% 26% -30% 35% -40% 20% 13% 26% 26% 23%
34 10 -9 -103 45 -51 8 -12 -19 -46 -25 -31 -36
EPS in Rs 0.73 0.22 -0.19 -1.64 0.73 -0.82 0.13 -0.19 -0.31 -0.73 -0.40 -0.49 -0.57
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
307 304 335 544 543 450 573 687 632 649 867 721 607
251 263 303 504 464 353 466 532 449 430 605 660 678
Operating Profit 57 41 32 40 79 97 108 155 183 219 262 61 -71
OPM % 18% 13% 10% 7% 14% 22% 19% 23% 29% 34% 30% 8% -12%
-4 22 23 8 12 -48 9 -51 -315 -7 -212 -12 1
Interest 11 9 10 53 49 15 18 18 24 24 38 30 23
Depreciation 11 12 16 50 47 27 41 55 88 81 85 92 81
Profit before tax 30 42 29 -56 -4 7 58 30 -243 107 -73 -73 -174
Tax % 50% 35% 26% 22% -12% 336% 52% 121% -11% 29% -62% 5%
15 27 21 -43 -5 -16 28 -6 -271 76 -118 -69 -138
EPS in Rs 0.37 0.78 0.61 -0.99 -0.18 -0.42 0.42 -0.15 -5.76 1.61 -1.88 -1.10 -2.19
Dividend Payout % 0% 0% 0% 0% -78% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 9%
5 Years: 5%
3 Years: 4%
TTM: -26%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -561%
Stock Price CAGR
10 Years: 1%
5 Years: -1%
3 Years: 35%
1 Year: 76%
Return on Equity
10 Years: 3%
5 Years: 8%
3 Years: 15%
Last Year: -11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 165 189 207 325 500 469 625 591 318 485 353 284 269
78 67 111 460 385 109 125 194 118 366 244 199 183
81 87 104 173 176 563 255 211 243 207 311 327 414
Total Liabilities 348 366 446 994 1,104 1,188 1,052 1,042 726 1,105 971 873 928
83 86 138 630 579 152 230 247 294 262 329 340 315
CWIP 1 4 3 4 12 23 7 0 0 0 1 2 0
Investments 0 0 4 2 3 511 525 431 70 71 80 58 54
264 276 302 359 511 502 290 364 362 772 561 472 559
Total Assets 348 366 446 994 1,104 1,188 1,052 1,042 726 1,105 971 873 928

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-9 80 28 -18 34 95 66 59 164 123 230 162
-79 -71 -54 19 -65 -100 -103 -98 -27 -44 -166 -113
16 -21 36 19 100 -33 -15 34 -51 -29 -120 -93
Net Cash Flow -73 -13 10 20 69 -38 -52 -5 87 51 -56 -45

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 118 107 95 77 79 114 111 110 116 134 100 71
Inventory Days 34 55
Days Payable 235 342
Cash Conversion Cycle 118 107 95 -123 -208 114 111 110 116 134 100 71
Working Capital Days 179 202 158 1 53 6 28 60 49 260 106 -17
ROCE % 23% 17% 12% 1% 6% 11% 10% 13% 16% 21% 24% -2%

Shareholding Pattern

Numbers in percentages

81 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
18.12% 14.72% 8.52% 8.52% 8.52% 4.34% 4.34% 4.34% 4.34% 4.34% 0.07% 0.07%
10.22% 10.14% 7.64% 7.74% 7.99% 8.52% 8.43% 8.54% 8.55% 8.26% 8.27% 8.48%
2.07% 2.07% 0.80% 0.94% 0.30% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
69.59% 73.07% 83.04% 82.79% 83.19% 87.15% 87.23% 87.12% 87.10% 87.40% 91.66% 91.46%
No. of Shareholders 1,28,0051,38,1461,42,6691,53,5001,72,8181,81,5141,80,6711,76,7221,77,9151,81,2041,92,4101,85,759

* 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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