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Zee Entertainment Enterprises Ltd share Price

Company details

6M Return -25.51%
1Y Return -20.27%
Mkt Cap.(Cr) 18,739.73
Volume 8,735,276
Div Yield 0.00%
OI Chg %
Volume 8,735,276

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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 16.1% in Q1FY23 (17.1% in Q4FY22), due to pull-out of Zee Anmol from free to air (FTA)

Q1FY23 Results

    Zee reported a weak Q1FY23 performance.

    •  Revenues at ₹ 1,845.7 crore, up 5% YoY, with domestic ad growth of ~6% YoY. Overall subscription revenues declined 5% YoY to ₹ 772 crore, largely owing to ~7% decline in domestic subscription owing to pricing embargo impacting TV subscription growth along with some impact by timing of some B2B deals and renewals
    • EBITDA came in at ₹ 236 crore, down 31.5% YoY with margins at 12.8% (down 661 bps QoQ), due to lower revenues and higher marketing cost on a YoY basis, on account of new launches in linear business and continued investments in ZEE5
    • The company reported PAT of ₹ 106.6 crore, down 50% YoY

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Zee Entertainment Enterprises Ltd.

Q3FY23 Quarterly Result Announced for Zee Entertainment Enterprises Ltd.

Zee Entertainment Enterprises announced Q3FY23 results:


  • 16.2% Q3FY23 all India TV network share, QoQ down 20 bps
  • 4.1% QoQ Total Revenue growth; Q3FY23 Revenue Rs 21,112 million
  • 16.0% EBITDA margin; Q3FY23 EBITDA of Rs 3,380 million
  • 33% Zee5 YoY Revenue growth; Q3FY23 revenue Rs 1,943 million
  • 119.5 million ZEE5 global MAUs in Q3FY23 YoY up 17.6 million
  • 169 min average watch time/month in Q3FY23


Result PDF

View Other Company Results


Investment recommendation

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


Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

Zee Entertainment Enterprises Ltd Stocks COMPARISION


Equity Capital: 10,862.80 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 943.10 32,637.51
LAST 3M 17,174.81 50,737.17
LAST 6M 66,045.02 26,732.81
LAST 12M 121,409.17 72,523.78
Zee Entertainment Enterprises Limited - Analysts/Institutional Investor Meet/Con. Call Updates

May 26, 2023 l NSE Announcement

NSE Board Meetings Forthcomming

May 25, 2023 l NSE Board Meetings Forthcomming

Board Meeting for Today

May 25, 2023 l Board Meetings for Today

Date Action Type Ratio
Sep 15, 2022 Dividend 300
Sep 02, 2021 Dividend 250

Zee Entertainment Enterprises Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • Zee Entertainment Enterprises Limited is engaged in the field of television and allied media. The company has its market capitalization worth INR 18,628.98 crore as of 16th April 2021. The company was incorporated in 1991. The company has reported quarterly revenue of INR 2,089.24 crore at the end of December 2020. This company is listed on the Bombay Stock Exchange (BSE), having the code 505537 and on the National Stock Exchange (NSE) with the symbol ZEEL. Zee Entertainment Enterprises Limited has its headquarters in Mumbai. The company majorly works in television, print, internet, film, mobile content and allied businesses. Zee Entertainment Enterprise Limited (ZEEL) operates through broadcasting and content segments. The brands under this umbrella include Zee TV, Zee Cinema, Zee Classic, Zee Action, Zee Café, Zee Anmol, Zee Q, Zindagi, ETC Bollywood, Zee Studio, Zee Salaam, Zee Talkies, Zee Marathi, Zee Bangla cinema, Ten Golf HD, &pictures HD, Ten 1 HD, Sarthak and Zing, which in all give a housing of over 260000 hours of entertainment content on televisions. It has a network of 1.3 billion viewers in over 173 countries through domestic and 40 international channels. The critical revenue segments include revenue from advertising, television content, subscription income, commission, transmission revenue and other operating revenue as of the year ending March 2021. The company operates under the leadership of CEO Amit Goenka. The company launched Zee Music Company as a music publishing label in 2014 and acquired an 80% stake in a tech start-up, Margo Networks, in 2017. In 2018, the firm was named one of India's best places to work. During the same time frame, they released the ZEE5 app, which completely transformed the OTT entertainment website with its unrivalled content. Post this; they invested a sum of INR 522 crore in its subsidiary Margo Networks in 2020. It also launched ZEE Plex, a C2H (Cinema to home) service on the digital and television platforms. The corporation made INR 11.1 billion in sales during the first quarter of the fiscal year 2021. They posted a 9.3 per cent year-over-year increase in subscription sales, led by Zee5 and television. Overall, year-over-year growth was 33%.

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.esselgroup.com
Website : http://www.zee.com

Sharepro Services India P Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 505537
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 May 30, 2023 04:01 PM the closing price of Zee Entertainment Enterprises Ltd was ₹ 195.10.

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 May 30, 2023 04:01 PM, the market cap of Zee Entertainment Enterprises Ltd stood at ₹ 18,739.73.

The latest PE ratio of Zee Entertainment Enterprises Ltd as of May 30, 2023 04:01 PM is 243.67

The latest PB ratio of Zee Entertainment Enterprises Ltd as of May 30, 2023 04:01 PM is 0.58

The 52-week high of Zee Entertainment Enterprises Ltd is ₹ 287.00 while the 52-week low is ₹ 175.55

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

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