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Zee Entertainment Enterprises Limited (ZEEL.NS)

INR101.85 -1.27 (-1.23%)
IN NSE Communication Services Broadcasting
Address Marathon Futurex 400013
Mumbai, IN
CEO Punit Goenka
Website zeeentertainment.com
IPO 2002-07-01
ISIN INE256A01028

Explore sections of this company profile

Also trades on Bombay Stock Exchange · ZEEL.BO (INR) National Stock Exchange of India · ZEEL.NS (INR)
Description

Zee Entertainment Enterprises Limited (ZEEL), alongside its various subsidiaries, primarily operates in the domain of satellite television broadcasting. The company offers a wide and diverse range of channels, catering to varied linguistic and entertainment preferences. Its portfolio includes popular Hindi entertainment options such as Zee TV, &tv, Zing, BIG Magic, and Zee Anmol, many available in high definition. For film enthusiasts, ZEEL delivers a robust selection of Hindi movie channels like Zee Cinema, &pictures, Zee Action, Zee Classic, and Zee Bollywood, complete with HD variants. The company's extensive regional footprint encompasses channels such as Zee Marathi, Zee Bangla, Zee Tamil, Zee Telugu, and Zee Kannada, among others, with several also broadcasting in high definition. Further diversifying its offerings, ZEEL manages channels like Zee Café, Zee Studio, &flix, ZEE LIVE, and Zee Theatre, providing international content, live events, and cultural programming. Beyond traditional broadcasting, ZEEL extends its reach to digital platforms through services like ZEE5 and popular online portals such as India.com and Bollywoodlife.com. Globally, the company operates 39 distinct channels across various international territories. Additionally, ZEEL acts as a sales agent for advertising space on other satellite channels and trades in media assets, encompassing program, film, and music rights. The enterprise possesses an expansive content library, featuring approximately 250,000 hours of television material and licensing rights to around 4,800 movie titles. This vast media empire connects with an estimated 1.3 billion viewers worldwide. Founded in Mumbai, India, in 1982, the entity initially operated as Zee Telefilms Limited, subsequently rebranding to Zee Entertainment Enterprises Limited in January 2007.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR101.85 -1.27 (-1.23%)
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Volume Profile
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Liquidity & share structure
Average Volume
37M
Beta
0.48
Float Shares
919.77M
Free Float %
95.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-5.39% -8.75% -5.31% -8.54% -15.41% -7.79% -32.51% -55.36% -56.71% -80.90% -29.51%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
101.85
DCF (Unlevered) 176.35 +73.1%
DCF (Levered) 150.12 +47.4%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 57% Bullish
Rating 2026-05 Change
Strong Buy 3 -1
Buy 5 0
Hold 2 0
Sell 1 0
Strong Sell 3 0
Quality scores
Altman Z-Score
3.38
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
4 / 5
High
P/E Score
2 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • ✗
    Revenue growth Broadcasting: +0.6%
    -2.4% Q1'26: -7.3% (vs Q1'25)
  • ✗
    EPS growth Broadcasting: +26.7%
    -60.2% Q1'26: -155.1% (vs Q1'25)
  • ✓
    FCF margin FCF growth · Broadcasting: +22.9%
    +8.4% Q1'26: -3.9% (vs Q1'25)
  • ✗
    EBIT margin Broadcasting: +5.6%
    +1.6% Q1'26: -15.6% (vs Q1'25)
  • ✗
    ROIC Broadcasting: +2.6%
    +1.4% Q1'26: -8.2% (vs Q1'25)
  • ✗
    Share dilution Broadcasting: 0.0%
    +0.2% Q1'26: -0.1% (vs Q1'25)
  • ✓
    Debt / EBITDA Net debt/EBITDA · Broadcasting: -1.02×
    0.77× ★ Q1'26: -0.25× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.50) × ERP
WACC = 97% × Ke + 3% × Kd (16.9%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 182.34 Current price: 101.85
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2010
actual 		Mar 2011
actual 		Mar 2012
actual 		Mar 2013
actual 		Mar 2014
actual 		Mar 2015
actual 		Mar 2016
actual 		Mar 2017
actual 		Mar 2018
actual 		Mar 2019
actual 		Mar 2020
actual 		Mar 2021
actual 		Mar 2022
actual 		Mar 2023
actual 		Mar 2024
actual 		Mar 2025
actual 		Mar 2026
12 Rev. Ana.
10 EPS Ana. 		Mar 2027
12 Rev. Ana.
11 EPS Ana. 		Mar 2028
11 Rev. Ana.
10 EPS Ana. 		Mar 2029
1 Rev. Ana.
1 EPS Ana.
Revenue
23.22B
est: 22.18B (+4.7%)
30.99B
est: 29.41B (+5.4%)
30.41B
est: 29.92B (+1.6%)
37.00B
est: 37.31B (-0.8%)
44.22B
est: 44.15B (+0.2%)
48.84B
est: 47.67B (+2.5%)
58.52B
est: 58.04B (+0.8%)
64.34B
est: 65.50B (-1.8%)
66.86B
est: 66.76B (+0.1%)
79.34B
est: 78.70B (+0.8%)
81.30B
est: 80.86B (+0.5%)
77.30B
est: 76.77B (+0.7%)
81.83B
est: 80.46B (+1.7%)
80.88B
est: 81.02B (-0.2%)
86.37B
est: 87.84B (-1.7%)
82.94B
est: 83.34B (-0.5%)
81.66B
80.45B – 82.96B
-2.0% YoY
85.46B
81.07B – 88.69B
+4.7% YoY
90.05B
83.79B – 95.27B
+5.4% YoY
88.58B
85.41B – 91.75B
-1.6% YoY
EBITDA
7.35B
est: 6.62B (+11.2%)
9.30B
est: 10.64B (-12.6%)
8.74B
est: 10.48B (-16.6%)
10.95B
est: 12.07B (-9.3%)
13.85B
est: 14.26B (-2.9%)
12.69B
est: 16.51B (-23.1%)
15.99B
est: 20.11B (-20.5%)
31.51B
est: 15.86B (+98.7%)
26.45B
est: 27.07B (-2.3%)
27.97B
est: 30.41B (-8.0%)
13.72B
est: 27.58B (-50.3%)
15.77B
est: 7.41B (+112.7%)
17.87B
est: 9.27B (+92.9%)
8.50B
est: 10.24B (-17.0%)
7.70B
est: 13.45B (-42.8%)
12.37B
est: 12.82B (-3.5%)
12.51B
12.32B – 12.71B
-2.4% YoY
13.09B
12.42B – 13.58B
+4.7% YoY
13.79B
12.83B – 14.59B
+5.4% YoY
13.57B
13.08B – 14.05B
-1.6% YoY
EBIT
7.07B
est: 5.92B (+19.5%)
9.01B
est: 7.99B (+12.7%)
8.42B
est: 8.36B (+0.7%)
10.55B
est: 8.93B (+18.1%)
13.27B
est: 10.95B (+21.2%)
14.06B
est: 12.78B (+10.0%)
15.21B
est: 14.62B (+4.0%)
30.38B
est: 16.31B (+86.2%)
24.64B
est: 30.90B (-20.3%)
25.65B
est: 24.57B (+4.4%)
11.04B
est: 24.41B (-54.8%)
13.13B
est: 10.16B (+29.2%)
15.42B
est: 12.70B (+21.4%)
5.38B
est: 14.03B (-61.6%)
4.53B
est: 10.42B (-56.5%)
9.59B
est: 9.99B (-4.1%)
9.68B
9.54B – 9.84B
-3.1% YoY
10.13B
9.61B – 10.52B
+4.7% YoY
10.68B
9.94B – 11.30B
+5.4% YoY
10.50B
10.13B – 10.88B
-1.6% YoY
Net Income
6.34B
est: 5.85B (+8.4%)
6.37B
est: 8.41B (-24.3%)
5.91B
est: 6.56B (-10.0%)
7.20B
est: 7.27B (-1.0%)
8.92B
est: 8.52B (+4.8%)
9.78B
est: 9.79B (-0.2%)
10.27B
est: 11.88B (-13.6%)
22.22B
est: 9.30B (+139.0%)
14.79B
est: 22.62B (-34.6%)
15.67B
est: 17.44B (-10.1%)
5.27B
est: 16.21B (-67.5%)
8.00B
est: 4.75B (+68.5%)
9.65B
est: 5.94B (+62.5%)
477.90M
est: 1.25B (-61.8%)
1.41B
est: 3.21B (-55.9%)
6.80B
est: 7.87B (-13.7%)
5.74B
3.82B – 7.64B
-27.1% YoY
7.41B
6.29B – 12.80B
+29.1% YoY
9.13B
6.70B – 16.21B
+23.2% YoY
12.00B
11.15B – 12.86B
+31.5% YoY
SGA
4.45B
est: 7.39B (-39.8%)
4.76B
est: 8.34B (-42.9%)
4.57B
est: 7.65B (-40.3%)
4.53B
est: 10.14B (-55.4%)
5.16B
est: 11.33B (-54.5%)
7.80B
est: 11.85B (-34.2%)
9.11B
est: 17.82B (-48.8%)
7.62B
est: 18.77B (-59.4%)
9.85B
est: 10.71B (-8.0%)
10.47B
est: 24.13B (-56.6%)
9.56B
est: 23.46B (-59.2%)
8.92B
est: 23.80B (-62.5%)
11.48B
est: 29.75B (-61.4%)
10.55B
est: 32.87B (-67.9%)
10.68B
est: 11.38B (-6.2%)
11.47B
est: 10.92B (+5.0%)
10.58B
10.43B – 10.75B
-3.1% YoY
11.08B
10.51B – 11.49B
+4.7% YoY
11.67B
10.86B – 12.35B
+5.4% YoY
11.48B
11.07B – 11.89B
-1.6% YoY
EPS
6.78
est: 5.24 (+29.4%)
6.51
est: 5.36 (+21.4%)
6.08
est: 6.12 (-0.6%)
7.54
est: 7.65 (-1.5%)
9.19
est: 9.42 (-2.4%)
8.67
est: 9.20 (-5.8%)
8.57
est: 10.45 (-18.0%)
23.13
est: 12.29 (+88.3%)
15.40
est: 14.26 (+8.0%)
16.32
est: 17.06 (-4.4%)
5.48
est: 18.49 (-70.4%)
8.33
est: 11.58 (-28.1%)
10.04
est: 12.44 (-19.3%)
0.50
est: 7.65 (-93.5%)
1.47
est: 3.34 (-56.0%)
7.08
est: 8.26 (-14.3%)
5.50
3.98 – 7.95
-33.5% YoY
8.78
6.55 – 13.32
+59.8% YoY
10.51
6.98 – 16.88
+19.7% YoY
12.60
11.60 – 13.39
+19.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-20 B+ 3/5 4/5 2/5 3/5 4/5 2/5 4/5
2026-05-19 A 4/5 5/5 3/5 4/5 4/5 2/5 4/5
2026-05-18 A 4/5 5/5 3/5 4/5 4/5 2/5 4/5
2026-05-15 A- 4/5 5/5 3/5 4/5 3/5 2/5 4/5
2026-05-14 A- 4/5 5/5 3/5 4/5 3/5 2/5 4/5
2026-05-13 A- 4/5 5/5 3/5 4/5 3/5 2/5 4/5
2026-05-12 A- 4/5 5/5 3/5 4/5 3/5 2/5 4/5
2026-05-11 A- 4/5 5/5 3/5 4/5 3/5 2/5 4/5
2026-05-08 A- 4/5 5/5 3/5 4/5 3/5 2/5 4/5
2026-05-07 A- 4/5 5/5 3/5 4/5 3/5 2/5 4/5
2026-05-06 B+ 3/5 3/5 3/5 4/5 3/5 2/5 4/5
2026-05-05 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-05-04 A- 4/5 3/5 3/5 4/5 3/5 3/5 4/5
2026-04-30 B+ 3/5 3/5 2/5 4/5 3/5 2/5 4/5
2026-04-29 B+ 3/5 3/5 2/5 4/5 3/5 2/5 4/5
2026-04-28 B+ 3/5 3/5 2/5 4/5 3/5 2/5 4/5
2026-04-27 B+ 3/5 3/5 2/5 4/5 3/5 2/5 4/5
2026-04-24 B+ 3/5 3/5 2/5 4/5 3/5 2/5 4/5
2026-04-23 B+ 3/5 3/5 2/5 4/5 3/5 2/5 4/5
2026-04-22 B+ 3/5 3/5 2/5 4/5 3/5 2/5 4/5
2026-04-21 B+ 3/5 3/5 2/5 4/5 3/5 2/5 4/5
2026-04-20 B+ 3/5 3/5 2/5 4/5 3/5 2/5 4/5
2026-04-17 B+ 3/5 3/5 2/5 4/5 3/5 2/5 4/5
2026-04-16 B+ 3/5 3/5 2/5 4/5 3/5 2/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
6.87B
OE per share TTM
7.15
Owner's Yield
8.62%
Maintenance CapEx ratio
16.11%
Maint CapEx / Avg PPE
7.6%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 16 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vanguard FTSE All-World ex-US Small-Cap ETF VSS 0.02% 3.37M 0.06%
2 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.01% 107.1K 0.48%
3 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.01% 241.6K 0.26%
4 Vanguard FTSE Emerging Markets ETF VWO 0.01% 11.92M 0.06%
5 Vanguard ESG International Stock ETF VSGX 0.00% 156.4K 0.10%
6 Vanguard Total International Stock ETF VXUS 0.00% 13.07M 0.05%
7 Vanguard FTSE Global All Cap ex Canada Index ETF VXC.TO 0.00% 19.2K 0.22%
8 Vanguard Total World Stock ETF VT 0.00% 671.3K 0.06%
9 Vanguard All-Equity ETF Portfolio VEQT.TO 0.00% 57.7K 0.22%
10 Vanguard ESG Global All Cap UCITS ETF (USD) Accumulating V3AA.L 0.00% 7.6K 0.24%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
421.2K
Shares Outstanding
960.52M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Punit Goenka Chief Executive Officer 174M male
Subhash Chandra Founder & Chairman Emeritus 2M —
Hitesh Vakil Chief Executive Officer of Service Excellence Unit — male
Mukund Venkatesh Galgali Deputy Chief Executive Officer & Acting Chief Financial Officer — male
Parag Darade Head of Corporate Brand Communications & Government Relations — male
Rohit Suri Chief Human Resources Officer — male
Shaurya Sharma Vice President & Head of Marketing — male
Amit Anil Goenka President of Digital Businesses & Platforms — —
Vikas Somani Head of Strategy & Investor Relations — male
Ashish Ramesh Agarwal Chief Compliance Officer & Company Secretary — male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

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