Zee Media Corporation Ltd

₹ 8.33 -0.72%

08 May - 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

Website BSE NSE - BE

Market Cap ₹ 521 Cr.
Current Price ₹ 8.33
High / Low ₹ 16.5 / 6.65
Stock P/E 192
Book Value ₹ 3.14
Dividend Yield 0.00 %
ROCE -27.1 %
ROE -45.5 %
Face Value ₹ 1.00

Add ratio to table

Edit ratios

Pros

Company has reduced debt.
Company is expected to give good quarter

Cons

Stock is trading at 2.66 times its book value
Company has low interest coverage ratio.
The company has delivered a poor sales growth of -0.31% over past five years.
Promoter holding is low: 9.48%
Company has a low return on equity of -24.8% over last 3 years.
Contingent liabilities of Rs.552 Cr.
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.

Peer comparison

Consumer Discretionary Media, Entertainment & Publication Entertainment TV Broadcasting & Software Production

Part of BSE Consumer Discretionary Nifty Waves

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
	171	148	140	152	167	179	176	131	159	156	182	179	240
	166	153	160	172	193	153	161	162	153	164	163	162	162
Operating Profit	5	-5	-20	-20	-25	26	15	-31	6	-8	20	17	78
OPM %	3%	-3%	-14%	-13%	-15%	15%	8%	-24%	4%	-5%	11%	10%	33%
	1	-17	11	4	3	4	9	2	1	-5	1	1	1
Interest	7	7	6	5	5	8	8	7	8	7	5	5	5
Depreciation	23	23	19	20	19	27	30	30	30	29	27	27	26
Profit before tax	-24	-53	-34	-41	-46	-5	-14	-67	-30	-50	-11	-13	49
Tax %	-20%	-13%	-26%	-26%	-23%	32%	-26%	-25%	-25%	-26%	-23%	17%	-8%
	-19	-46	-25	-31	-36	-7	-10	-50	-22	-37	-9	-16	53
EPS in Rs	-0.31	-0.73	-0.40	-0.49	-0.57	-0.10	-0.17	-0.80	-0.36	-0.59	-0.14	-0.25	0.84
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	335	544	543	450	573	687	632	649	867	721	638	622	757
	303	504	464	353	466	532	449	430	605	660	677	640	650
Operating Profit	32	40	79	97	108	155	183	219	262	61	-39	-18	107
OPM %	10%	7%	14%	22%	19%	23%	29%	34%	30%	8%	-6%	-3%	14%
	23	8	12	-48	9	-51	-315	-7	-212	-12	21	8	-2
Interest	10	53	49	15	18	18	24	24	38	30	24	30	22
Depreciation	16	50	47	27	41	55	88	81	85	92	85	119	108
Profit before tax	29	-56	-4	7	58	30	-243	107	-73	-73	-127	-160	-25
Tax %	26%	-22%	12%	336%	52%	121%	11%	29%	62%	-5%	-22%	-25%
	21	-43	-5	-16	28	-6	-271	76	-118	-69	-98	-119	-8
EPS in Rs	0.61	-0.99	-0.18	-0.42	0.42	-0.15	-5.76	1.61	-1.88	-1.10	-1.57	-1.91	-0.14
Dividend Payout %	0%	0%	-78%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Compounded Sales Growth
10 Years:	1%
5 Years:	0%
3 Years:	-10%
TTM:	17%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	103%

Stock Price CAGR
10 Years:	-8%
5 Years:	1%
3 Years:	-2%
1 Year:	-38%

Return on Equity
10 Years:	-2%
5 Years:	-1%
3 Years:	-25%
Last Year:	-45%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	24	36	44	47	47	47	47	47	63	63	63	63	63
Reserves	207	325	500	469	625	591	318	485	394	325	227	158	134
	111	460	385	109	125	194	118	366	244	199	246	174	107
	104	173	176	563	255	211	243	207	270	286	433	486	534
Total Liabilities	446	994	1,104	1,188	1,052	1,042	726	1,105	971	873	968	880	837
	138	630	579	152	230	247	294	262	329	340	555	428	378
CWIP	3	4	12	23	7	0	0	0	1	2	0	1	0
Investments	4	2	3	511	525	431	70	71	80	58	42	43	43
	302	359	511	502	290	364	362	772	561	472	370	408	416
Total Assets	446	994	1,104	1,188	1,052	1,042	726	1,105	971	873	968	880	837

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	28	-18	34	95	66	59	164	123	230	146	77	64
	-54	19	-65	-100	-103	-98	-27	-44	-166	-98	15	-7
	36	19	100	-33	-15	34	-51	-29	-120	-93	-92	-48
Net Cash Flow	10	20	69	-38	-52	-5	87	51	-56	-45	-1	8
Free Cash Flow	-77	-16	-9	39	-36	-0	107	79	132	39	69	53
CFO/OP	142%	10%	71%	101%	87%	62%	103%	71%	107%	288%	-217%	-264%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	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	77	79	114	111	110	116	134	100	77	118	117
Inventory Days		34	55
Days Payable		235	342
Cash Conversion Cycle	95	-123	-208	114	111	110	116	134	100	77	118	117
Working Capital Days	111	-108	28	-29	-11	17	40	210	73	-56	-165	-139
ROCE %	12%	1%	6%	11%	10%	13%	16%	21%	23%	-2%	-18%	-27%

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

xx	xx	xx	xx	xx	xx	xx	xx	xx	xx	xx
	xxx.xx	xxx.xx	xxx.xx		xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx
	x.xx	x.xx	x.xx		x.xx	xx.xx	xx.xx	xx.xx	x.xx	x.xx
xxx.xx	xxx.xx	xxx.xx	xxx.xx		xxx.xx		xxx.xx		xxx.xx	xxx.xx
			xx.xx		xx.xx	xx.xx	xx.xx		xx.xx	xx.xx
xx.xx					xx.xx	xx.xx			xx.xx	xx.xx

Please log in to see hidden values.

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 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 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	1,81,204	1,92,410	1,85,759	2,08,497	2,03,707	1,96,494	1,92,543	1,91,252	1,90,835	1,90,694	1,90,882	1,88,185

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	69.11%	69.11%	57.74%	44.86%	18.12%	8.52%	4.34%	0.07%	1.62%	9.48%
	5.86%	6.29%	6.77%	9.06%	10.22%	7.99%	8.55%	8.14%	13.65%	16.04%
	0.24%	0.76%	0.75%	1.56%	2.07%	0.30%	0.00%	0.00%	4.22%	4.19%
	0.00%	0.03%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.44%
	24.79%	23.81%	34.75%	44.52%	69.59%	83.19%	87.10%	91.78%	80.50%	69.84%
No. of Shareholders	1,01,145	98,346	1,08,826	1,12,156	1,28,005	1,72,818	1,77,915	2,08,497	1,91,252	1,88,185

* 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.

Zee Media Corporation Ltd

Zee Media Corporation Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Insights

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings

Concalls