Zee Entertainment Enterprises Ltd
NSE: ZEEL BSE: 505537Media
Zee Entertainment Enterprises is mainly in the following businesses: Broadcasting of Satellite Television Channels, Space Selling agent for other satellite television channels, and Sale of Media Content i.e. programs / film rights / feeds /music rights.
₹84.6
52W: ₹68 — ₹152
PE 17.5 · Book ₹111 · -24% vs bookMarket Cap₹8,117 Cr
Stock P/E17.5Price to Earnings
ROCE9.83%Return on Capital
ROE7.58%Return on Equity
Div. Yield2.87%Face Value ₹1
Strengths
- +Company is almost debt free.
- +Stock is trading at 0.78 times its book value
- +Company has been maintaining a healthy dividend payout of 21.7%
Weaknesses
- −The company has delivered a poor sales growth of 1.12% over past five years.
- −Promoter holding is low: 3.98%
- −Company has a low return on equity of 5.40% over last 3 years.
Shareholding Pattern
Promoters3.99%
FIIs25.33%
DIIs10.79%
Public59.78%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 3.99% | 3.99% | 3.99% | 3.99% | 3.99% | 3.99% | 3.99% | 3.99% |
| FIIs | 18.9% | 18.52%▼0.4 | 20.05%▲1.5 | 22.83%▲2.8 | 24.81%▲2.0 | 25.43%▲0.6 | 24.21%▼1.2 | 25.33%▲1.1 |
| DIIs | 22.27% | 19.05%▼3.2 | 17.87%▼1.2 | 15.87%▼2.0 | 16.75%▲0.9 | 13.92%▼2.8 | 11.98%▼1.9 | 10.79%▼1.2 |
| Public | 54.67% | 58.3%▲3.6 | 57.96%▼0.3 | 57.18%▼0.8 | 54.33%▼2.9 | 56.56%▲2.2 | 59.7%▲3.1 | 59.78%▲0.1 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,299 | 1,914 | 2,029 | 2,001 | 1,871 | 1,836 | 2,004 | 1,684 | 1,848 | 2,149 |
| Expenses | 1,957 | 1,686 | 1,827 | 1,756 | 1,558 | 1,560 | 1,774 | 1,491 | 1,700 | 1,946 |
| Operating Profit | 342 | 229 | 202 | 245 | 314 | 276 | 230 | 192 | 147 | 203 |
| OPM % | 15% | 12% | 10% | 12% | 17% | 15% | 11% | 11% | 8% | 9% |
| Net Profit | 155 | 76 | 84 | 112 | 307 | 126 | 156 | 112 | 78 | 112 |
| EPS ₹ | 1.62 | 0.79 | 0.88 | 1.17 | 3.2 | 1.31 | 1.62 | 1.16 | 0.82 | 1.16 |
AI Insights
Revenue Trend
TTM revenue at ₹7,684Cr, down 0.4% YoY. OPM at 10%.
Debt Position
Borrowings at ₹277Cr. Debt-to-equity ratio: 0.03x. Healthy balance sheet.
Capex Cycle
CWIP at ₹2Cr (0% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 10.79% (-29.83pp change). FIIs: 25.33% (-8.07pp change). Promoters hold 3.99%.
Margin & Efficiency
ROCE declining from 32% (Mar 2014) to 10% (Mar 2025). Working capital days: 336.
Valuation
PE 17.5x with 9.83% ROCE. Price is -24% above book value of ₹111. Dividend yield: 2.87%.
Recent Announcements
- Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015, As Amended - Resignation Of Senior Management Personnel 2d - Umesh Kumar Bansal and Laxmi Shetty resign from ZEEL; exits effective May 31 and Nov. 9, 2026.
- Board Meeting Intimation for Notice Of Board Meeting 12 May - Board meets May 19, 2026 to approve FY26 audited results, consider dividend, and hold investor call.
- Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015, As Amended 7 May - Zee filed Delhi High Court suit נגד Jiostar over unauthorized sound recording use; claims Rs 28.75 crore damages.
- Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015, As Amended ('SEBI Listing Regulations')- Investment In Phantom Digital Effects Limited 17 Apr - ZEE approved up to Rs116 crore investment in Phantom Digital Effects CCDs.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse