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Zee Entertainment Enterprises Ltd share Price Today

Company details

143.10
149.00
138.00
299.70
6M Return -40.07%
1Y Return -22.08%
Mkt Cap.(Cr) 14,013.97
Volume 21,769,724
Div Yield 2.80%
OI
-
OI Chg %
-
Volume 21,769,724

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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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Zee Entertainment Enterprises announced Q3FY23 results:

Q3FY23:

  • 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

Zee Entertainment Enterprises Ltd shares SWOT Analysis

Strengths (1)

  • Company with Low Debt

Weakness (6)

  • MFs decreased their shareholding last quarter
  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (3)

  • Positive Breakout First Resistance ( LTP > R1)
  • Stock with Low PE (PE < = 10)
  • High Volume, High Gain

Threats (3)

  • Companies with growing costs YoY for long term projects
  • Red Flags: Firms linked to ongoing regulatory investigations/legal cases
  • RSI indicating price weakness

Resistance and support

R1 144.9
R2 147.0
R3 149.1
Pivot

142.83

S1 140.7
S2 138.6
S3 136.5
EMA SMA
146.1
160.2
184.1
205.7
145.8
156.0
199.1
226.0
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
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
HRTI PRIVATE LIMITED Bulk Sell 2024-02-21 171.46 5201212 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 145.90 664.45 1,402.85 443.90 46.56
% Change 2.24 4.65 -0.46 4.42 0.24
Mcap Cr 14,013.97 26,184.98 13,766.73 8,558.79 7,982.06
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 62.89 13.24 0.00 43.71 0.00
1 Year Return -22.08 58.22 -5.12 49.14 60.88
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 20,210.21 -2,288.40
LAST 3M 84,754.55 29,178.29
LAST 6M 143,739.62 78,000.86
LAST 12M 219,616.53 194,185.36

Zee Entertainment Enterprises Ltd Information

Stock PE (TTM)
62.89
Promoter Holding
3.99%
Book Value
112.3373
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 Apr 26, 2024 04:02 PM the closing price of Zee Entertainment Enterprises Ltd was ₹ 145.90.

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 Apr 26, 2024 04:02 PM, the market cap of Zee Entertainment Enterprises Ltd stood at ₹ 14,013.97.

The latest PE ratio of Zee Entertainment Enterprises Ltd as of Apr 26, 2024 04:02 PM is 62.89

The latest PB ratio of Zee Entertainment Enterprises Ltd as of Apr 26, 2024 04:02 PM is 0.79

The 52-week high of Zee Entertainment Enterprises Ltd share price is ₹ 299.70 while the 52-week low is ₹ 138.00

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

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