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Zee Entertainment Enterprises Ltd share price logo

Zee Entertainment Enterprises Ltd

(ZEEL)

₹143.590.5%

as on 04:01PM, 06 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Zee Entertainment Enterprises Ltd Analyst Rating

based on 19 analysts

HOLD

45.00%

Buy

20.00%

Hold

35.00%

Sell

Based on 19 analysts offering long term price targets for Zee Entertainment Enterprises Ltd. An average target of ₹156.89

Source: S&P Global Market Intelligence

Zee Entertainment Enterprises Ltd Share analysis

Zee Entertainment Enterprises Ltd price forecast by 19 analysts

Upside of9.26%

High

₹200

Target

₹156.89

Low

₹118

Zee Entertainment Enterprises Ltd target price ₹156.89, a slight upside of 9.26% compared to current price of ₹143.59. According to 19 analysts rating.

Source: S&P Global Market Intelligence

Zee Entertainment Enterprises Ltd Performance

  • Day's Low

    Day's High

    ₹140.84
    ₹144.28
  • 52 Week's Low

    52 Week's High

    ₹114.36
    ₹299.7
1 Month Return+ 14.95 %
3 Month Return+ 7.94 %
1 Year Return-47.13 %
Previous Close₹142.87
Open₹142.80
Volume1.57Cr
Upper Circuit-
Lower Circuit-
Market Cap₹13,722.94Cr

Zee Entertainment Enterprises Ltd Key Statistics

P/E Ratio34.6
PEG Ratio7.09
Market Cap₹13,722.94 Cr
P/B Ratio1.33
EPS1.47
Dividend Yield0.72
SectorEntertainment
ROE4.7

Zee Entertainment Enterprises Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹13,722.94 Cr-9.89%0.52₹141 Cr₹8,637 Cr
HOLD₹30,190.82 Cr12.64%0.50₹1,925 Cr₹4,282 Cr
BUY₹15,494.97 Cr-1.84%0.77-₹33 Cr₹6,107 Cr
NA₹12,214.18 Cr38.63%0.83-₹325 Cr₹9,297 Cr
NA₹7,760.91 Cr21.63%0.59₹127 Cr₹5,912 Cr

About Zee Entertainment Enterprises Ltd

Zee Entertainment Enterprises Ltd (ZEEL) is one of India's leading media and entertainment companies. It was incorporated in 1982 by Subhash Chandra and is headquartered in Mumbai.

ZEEL operates across multiple lines of business, including television broadcasting, film production and distribution, digital content, music, international business, and new media. The company's top products include Zee TV, Zee Cinema, Zee Studio, Zee Marathi, Zee Bangla, and Zee Telugu.

ZEE is also the home of some of India's most popular and beloved brands, such as Zee News, Zee Anmol, Zee Bollywood, and Zee Café. The company has produced some of the country's most successful films, including Dangal, Raazi, and Uri: The Surgical Strike. ZEEL has also ventured into international markets, making it one of India's most successful media and entertainment companies. It has launched channels in the Middle East, Africa, Europe, and the United States, and is also the parent company of Essel Group, which has interests in infrastructure, education, and technology.

Share Price: ₹143.59 per share as on 06 Dec, 2024 04:01 PM
Market Capitalisation: ₹13,722.94Cr as of today
Revenue: ₹2,000.70Cr as on September 2024 (Q3 24)
Net Profit: ₹209.40Cr as on September 2024 (Q3 24)
Listing date: 09 Feb, 1995
Chairperson Name: R Gopalan
OrganisationZee Entertainment Enterprises Ltd
Headquarters
IndustryEntertainment
E-voting on sharesClick here to vote

Key events for Zee Entertainment Enterprises Ltd

  • CLSA Maintains Outperform Rating on Zee Entertainment - 05 Dec, 2024

    CLSA has an Outperform rating on Zee Entertainment with a target price of Rs 170, indicating a 21% upside. Despite an 8% decline in advertising revenue, Zee's subscription growth rose by 11% YoY, driven by NTO 3.0 and the success of ZEE5. The company's diversified revenue streams position it well for recovery as ad spending improves.
  • Zee Entertainment Shares Slide Amidst Monthly Gains - 04 Dec, 2024

    Zee Entertainment Enterprises Ltd shares fell 0.54% to Rs 137.35, despite a 14.08% increase over the past month. The BSE Teck index is down 0.26%, while Zee's trading volume is below average. The stock reached a record high of Rs 299.5 on December 12, 2023, and a 52-week low of Rs 114.4 on November 13, 2024.
  • Zee Shareholders Reject Goenka's Reappointment Amid Concerns - 30 Nov, 2024

    At the AGM, 88% of retail investors opposed Punit Goenka's reappointment as director, reflecting dissatisfaction with leadership and governance issues, including a failed merger with Sony.
  • Zee Entertainment Faces Leadership Challenge at AGM - 29 Nov, 2024

    Zee Entertainment shareholders rejected CEO Punit Goenka's reappointment, leading to a 5% rise in shares. Retail investors played a crucial role in this decision, reflecting dissatisfaction with past management decisions.
  • Punit Goenka's Directorship Rejected by Shareholders - 28 Nov, 2024

    Zee Entertainment shareholders voted against Punit Goenka's reappointment as director, marking a significant change in the company's leadership structure. Goenka remains CEO, focusing on operational responsibilities and growth strategies.
  • Zee Entertainment Loses Arbitration Against RailTel - 27 Nov, 2024

    Zee Entertainment and its subsidiary Margo Networks lost arbitration claims against RailTel Corporation over the wrongful termination of a contract, totaling a dispute of Rs 170 crore. The tribunal's decision may lead Zee to appeal the ruling.
  • Zee Entertainment Loses Arbitration Against RailTel - 26 Nov, 2024

    Zee Entertainment Enterprises Ltd and its subsidiary Margo Networks faced a setback as the Arbitral Tribunal rejected their claims against RailTel regarding wrongful termination of a contract. The company is considering appealing the decision.
  • Punit Goenka Withdraws Reappointment, Shares Rally - 25 Nov, 2024

    Punit Goenka has withdrawn his consent for reappointment as Managing Director of Zee Entertainment, while retaining his CEO role. Following this news, shares rallied 3.2%.
  • Punit Goenka Resigns as ZEEL Managing Director - 24 Nov, 2024

    Punit Goenka has resigned as Managing Director of Zee Entertainment Enterprises Ltd and withdrawn his consent for reappointment, focusing on operational responsibilities. His current term ends December 2024, with discussions on leadership planned for the upcoming AGM on November 28.
  • Punit Goenka Steps Down as Managing Director at Zee - 20 Nov, 2024

    Punit Goenka has stepped down as managing director of Zee Entertainment, retaining only the CEO role. This move aims to appease shareholders ahead of a crucial AGM vote, though concerns remain about his reappointment. The board emphasizes the need for Goenka to focus on stringent business targets amidst a competitive landscape.
  • Zee Entertainment Shares Surge After Leadership Changes - 19 Nov, 2024

    Zee Entertainment shares experienced significant gains following Punit Goenka's resignation as MD and appointment as CEO. The stock rose over 8% amid market interest in the leadership reshuffle and operational focus. Heavy trading volumes indicated investor optimism about the company's future direction.
  • Punit Goenka Resigns as MD, Focuses on CEO Role - 18 Nov, 2024

    Punit Goenka has stepped down as Managing Director of Zee Entertainment but will continue as CEO, concentrating on operational performance and profitability. The board has set higher performance targets for his re-appointment, reflecting confidence in his leadership.
  • Zee Entertainment Sets Higher Targets for MD Goenka - 17 Nov, 2024

    Zee Entertainment's board approved higher performance targets for MD Punit Goenka ahead of his reappointment vote. The targets include revenue and EBITDA outlooks, along with a 25% dividend payout. Additionally, Saurav Adhikari was appointed as a non-executive director. Goenka previously announced a 20% pay cut to promote frugality and quality content.
  • Zee Entertainment Navigates Governance Issues and Leadership Changes - 10 Nov, 2024

    Zee Entertainment Enterprises is addressing SEBI investigations into governance lapses while appointing Vikram Lad as Business Head to enhance content strategy and growth. Despite revenue growth, challenges remain in operating costs and Return on Equity.

Insights on Zee Entertainment Enterprises Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 54.59% to 58.30% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 13.35 Cr → 209.4 Cr (in ₹), with an average increase of 66.2% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Sun TV Network Ltd has given 44.2% return, outperforming this stock by 103.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Sun TV Network Ltd has given 12.7% return, outperforming this stock by 59.8%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 3.99% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 15.72% to 12.39% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, ZEEL stock has moved down by -47.1%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 2.18K Cr → 2.04K Cr (in ₹), with an average decrease of 3.3% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 18.91% to 18.52% in Sep 2024 quarter

Zee Entertainment Enterprises Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹2,437.80Cr (-)₹2,045.77Cr (↓16.08%)₹2,169.92Cr (↑6.07%)₹2,130.50Cr (↓1.82%)₹2,000.70Cr (↓6.09%)
Net Income₹123.00Cr (-)₹58.54Cr (↓52.41%)₹13.35Cr (↓77.20%)₹118.10Cr (↑784.64%)₹209.40Cr (↑77.31%)
Net Profit Margin5.05% (-)2.86% (↓43.37%)0.62% (↓78.32%)5.54% (↑793.55%)10.47% (↑88.99%)
Value in ₹ crore
Details2021202220232024
Total Assets₹11,282.80Cr (-)₹12,058.90Cr (↑6.88%)₹12,632.60Cr (↑4.76%)₹12,536.90Cr (↓0.76%)
Total Liabilities₹2,535.10Cr (-)₹2,211.20Cr (↓12.78%)₹2,921.30Cr (↑32.11%)₹2,530.60Cr (↓13.37%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹307.10Cr (-)₹1,101.50Cr (↑258.68%)₹285.90Cr (↓74.04%)₹177.80Cr (↓37.81%)₹675.10Cr (↑279.70%)

Index Inclusions

Nifty MidSmallcap 400

₹20,529.00

0.46 (93.05%)

S&P BSE 400 MidSmallCap

₹12,535.10

0.41 (51.67%)

S&P BSE 250 SmallCap

₹7,335.59

0.47 (34.61%)

BSE 500

₹36,681.01

0.17 (61.77%)

Nifty Smallcap 250

₹18,328.95

0.54 (98.55%)

Nifty Media

₹2,077.05

-0.33 (-6.9%)

Nifty Smallcap 50

₹9,427.85

0.84 (78.15%)

BSE Mid-Cap

₹47,669.72

0.36 (169.21%)

BSE Tech

₹20,092.91

-0.33 (-67.04%)

Nifty Small 100

₹19,492.10

0.82 (158.55%)

Nifty 500

₹23,312.10

0.15 (34.15%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Zee Entertainment Enterprises Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
3.99%
0.00
Foreign Institutions
18.52%
-2.05
Mutual Funds
12.39%
-21.18
Retail Investors
58.3%
6.80
Others
6.8%
0.08

Zee Entertainment Enterprises Ltd Key Indicators

Details20202021202220232024
Return On Equity %12.2213.6914.43.84.7
Details20202021202220232024
Return On Assets %4.927.0980.381.13
Details20202021202220232024
Book Value Per Share (₹)97.33105.04113.04111.57113.14
Details20202021202220232024
Earning Per Share (₹)5.468.259.950.51.47

Zee Entertainment Enterprises Ltd Valuation

Zee Entertainment Enterprises Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-409.30x)

January 4, 2024

Today (34.60x)

December 6, 2024

Industry (119.16x)

December 6, 2024

Highest (799.82x)

September 7, 2020

LowHigh

Zee Entertainment Enterprises Ltd Earnings and Dividends

  • Zee Entertainment Enterprises Ltd Earnings Results

    Zee Entertainment Enterprises Ltd’s net profit jumped 70.24% since last year same period to ₹209.40Cr in the Q2 2024-2025. On a quarterly growth basis, Zee Entertainment Enterprises Ltd has generated 77.31% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Zee Entertainment Enterprises Ltd Dividends May,2024

    In the quarter ending March 2024, Zee Entertainment Enterprises Ltd has declared dividend of ₹1 - translating a dividend yield of 0.70%.

    Read More about Dividends

Zee Entertainment Enterprises Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Zee Entertainment Enterprises Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Zee Entertainment Enterprises Ltd

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Zee Entertainment Enterprises Ltd (ZEEL) share price today is ₹143.59

Zee Entertainment Enterprises Ltd is listed on NSE

Zee Entertainment Enterprises Ltd is listed on BSE

  • Today’s highest price of Zee Entertainment Enterprises Ltd is ₹144.28.
  • Today’s lowest price of Zee Entertainment Enterprises Ltd is ₹140.84.

PE Ratio of Zee Entertainment Enterprises Ltd is 34.6

PE ratio = Zee Entertainment Enterprises Ltd Market price per share / Zee Entertainment Enterprises Ltd Earnings per share

Today’s traded volume of Zee Entertainment Enterprises Ltd(ZEEL) is 1.57Cr.

Today’s market capitalisation of Zee Entertainment Enterprises Ltd(ZEEL) is ₹13722.94Cr.

Zee Entertainment Enterprises Ltd(ZEELPrice
52 Week High
₹299.7
52 Week Low
₹114.36

Zee Entertainment Enterprises Ltd(ZEEL) share price is ₹143.59. It is down -52.09% from its 52 Week High price of ₹299.7

Zee Entertainment Enterprises Ltd(ZEEL) share price is ₹143.59. It is up 25.56% from its 52 Week Low price of ₹114.36

Zee Entertainment Enterprises Ltd(ZEELReturns
1 Day Returns
0.72%
1 Month Returns
14.95%
3 Month Returns
7.94%
1 Year Returns
-47.13%