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Zee Entertainment Enterprises Ltd share Price Today

Company details

150.75
154.90
125.50
299.70
6M Return -42.96%
1Y Return -14.48%
Mkt Cap.(Cr) 14,579.72
Volume 16,504,456
Div Yield 0.66%
OI
-
OI Chg %
-
Volume 16,504,456

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Incur '0' Brokerage upto ₹500
Weak performance; merger key catalyst ahead
About The Stock

    Zee Entertainment (Zee) is one of the largest listed media companies in India, which owns and operates a bouquet of 49 TV channels across 11 languages and also an OTT app Zee5.

    • The company’s TV network viewership share was at 16.2% in Q3FY23 (16.4% in Q2FY23)
Q3FY23

    Zee reported a weak Q3FY23 performance.

    • Revenues were at ₹ 2111.2 crore, up 6.7% YoY. Ad revenues declined 15.6% YoY to ₹ 1064 crore, owing to weak ad spending by key segment (FMCG), sports heavy quarter and impact of exit from free to air. Overall subscription revenues grew 13.2% YoY to ₹ 894.4 crore led by 30.7% YoY growth in international subscription (Zee5 driven), and catchup revenues recognition from Siti (₹ 59 crore)
    • EBITDA came in at ₹ 338 crore, down 18% YoY and up 35% QoQ, with margins at 16% (down 482 bps YoY, up 243 bps QoQ)
    • PAT was at ₹ 24.3 crore as it provided for one-time exceptional items of
      ₹ 169 crore. Adjusted PAT, at ₹ 193 crore, was largely in line

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Research view on more stocks

Broadcasting & Cable TV company Zee Entertainment Enterprises announced Q4FY24 results:

  • Domestic advertising revenue for the quarter grew by 10.6% YoY driven by the continued recovery in macro advertising environment and spending pickup by FMCG clients
  • Other sales and services revenue YoY down 57% due to fewer movie releases and syndication during the quarter.
  • EBITDA for the quarter came at Rs 2,103 million
  • Q4FY24 Margin at 9.7%
  • Programming and Technology cost declined YoY
  • QoQ Programming cost increased primarily due to sports
  • A&P and other expense remain flat YoY
  • Q4FY24 Advertising revenue : Rs 442 million
  • Subscription revenue : Rs 1,020 million
  • Other Sales & Services : Rs 264 million

Result PDF

View Other Company Results

Zee Entertainment Enterprises Ltd shares SWOT Analysis

Strengths (3)

  • Rising Net Cash Flow and Cash from Operating activity
  • Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
  • Company with Low Debt

Weakness (3)

  • MFs decreased their shareholding last quarter
  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Declining profits every quarter for the past 2 quarters

Opportunity (0)

Data not found

Threats (2)

  • Red Flags: Firms linked to ongoing regulatory investigations/legal cases
  • High PE (PE > 40)

Resistance and support

R1 154.2
R2 156.6
R3 158.4
Pivot

152.48

S1 150.1
S2 148.3
S3 145.9
EMA SMA
153.7
152.7
163.9
185.4
155.5
147.3
154.2
204.8
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
KOTAK MAHINDRA MUTUAL FUND A/C. KOTAK BALANCED ADVANTAGE FUND Bulk Sell 2024-06-27 154.2 5130000 NSE
PPFAS MUTUAL FUND - PARAG PARIKH LONG TERM VALUE FUND Bulk Purchase 2024-03-27 141.44 6222000 NSE
HRTI PRIVATE LIMITED Bulk Purchase 2024-02-21 170.79 4030793 NSE
Name Category Shares
Essel Media Ventures Limited PROMOTER 3.45%

OUR RESEARCH VIEW

Investment recommendation
Weak performance; merger key catalyst ahead
Call Date
14 Feb 2023
Entry Price 217.00
Target Price 260.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Zee Entertainment Enterprises Ltd Stocks COMPARISON

Financials( in Cr) Zee Entertainment Enterprises Ltd Sun TV Network Ltd PVR Inox Ltd Saregama India Ltd TV18 Broadcast Ltd
Price 151.79 752.20 1,427.35 555.45 41.18
% Change 0.38 -0.34 -2.85 -0.28 -0.53
Mcap Cr 14,579.72 29,643.07 14,007.16 10,709.58 7,059.73
Revenue TTM Cr 8,087.90 3,772.05 3,750.65 736.62 5,912.09
Net Profit TTM Cr 47.80 1,706.92 -336.40 185.05 127.77
PE TTM 44.94 15.39 0.00 54.21 0.00
1 Year Return -14.48 72.88 3.71 42.57 10.40
ROCE 7.84 25.98 0.00 20.24 3.27
ROE 0.35 19.59 0.00 14.82 2.70
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 10,721.90 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,542.69 26,564.54
LAST 3M 107,300.08 -872.81
LAST 6M 187,950.75 839.71
LAST 12M 304,454.24 86,051.23

Zee Entertainment Enterprises Ltd Information

Stock PE (TTM)
44.94
Promoter Holding
3.99%
Book Value
113.198
ROCE
7.84%
ROE
0.35%
Description
  • Zee Entertainment Enterprises Limited is a global entertainment go-to company that creates and provides content to its viewers. Incorporated in the year 1991, ZEEL was the first company that gave India its first private satellite TV channel in 1992 and has now reached a viewer base of 1.3 billion people engaged in utilizing their content. 

    The company has diversified business operations in fields like international and domestic broadcasting, digital content creation, movies and music production, and live shows in the form of theatres and concerts. The market capitalization of ZEEL is Rs. 13.63 trillion crores.  

    Zee Entertainment has a presence in over 190+ countries and the company has a 16.8% share in the TV network with a 572 million weekly reach. It also owns 5000+ movie titles and has launched 230+ originals since its inception. In 2022-2023, the income of ZEEL stood at Rs. 76,951 million and the net profit was at Rs. 1,639 million. 

    The history of ZEEL share price stands as follows:

    Particulars Details
    5-Year % Change -67.54%
    5-Year Highest ZEEL Share Price Rs. 445.5
    5-Year Lowest ZEEL Share Price Rs. 124.35
    1-Year % Change -33.96%
    1-Year Highest ZEEL Share Price Rs. 290.6
    1-Year Lowest ZEEL Share Price Rs. 140.65


    The latest ZEEL share price details are as follows:

Registered Address

18th Flr A Wing Marathon Futur, N M Joshi Marg Lower Parel, Mumbai, Maharashtra, 400013

Tel : 91-22-7106 1234
Email : shareservice:zee.com
Website : http://www.zee.com
Registrar

Sharepro Services India P Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 505537
NSE Code : ZEEL
Book Closure Date (Month) :
BSE Group : A
ISIN : INE256A01028

FAQ’s on Zee Entertainment Enterprises Ltd Shares

You can buy Zee Entertainment Enterprises Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Zee Entertainment Enterprises Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 28, 2024 04:08 PM the closing price of Zee Entertainment Enterprises Ltd was Rs.151.79.

The latest PE ratio of Zee Entertainment Enterprises Ltd as of Jun 28, 2024 04:08 PM is 44.94

The latest PB ratio of Zee Entertainment Enterprises Ltd as of Jun 28, 2024 04:08 PM is 0.75

The 52-week high of Zee Entertainment Enterprises Ltd share price is Rs. 299.70 while the 52-week low is Rs. 125.50

According to analyst recommendations, Zee Entertainment Enterprises Ltd Share has a "Buy" rating for the long term.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 28, 2024 04:08 PM, the market cap of Zee Entertainment Enterprises Ltd stood at Rs. 14,579.72 Cr.

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