MarketFriction

Zee Entertainment Enterprises Ltd

NSE ZEEL · BSE 505537 · TV Broadcasting & Software Production
₹71.92 -3.42%
NSE close2026-10-01
52 week range68.00 - 118.35
Market cap₹7,121 Cr.
P/E34.0
Nifty 500Smallcap 250Nifty Media Price band 20% Delivery 37.1%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2,4382,0462,1702,1302,0011,9792,1841,8251,9692,2802,0251,907
Expenses2,1051,8371,9601,8601,6781,6581,8861,5861,8102,0242,2801,808
Operating Profit333209210270323321298239159256-255100
OPM %14%10%10%13%16%16%14%13%8%11%-13%5%
Other Income-55-27-11-1745-4636252697631
Interest231876811881391513
Depreciation777677767366645957544744
Profit before tax17787115172286198262197115202-24174
Tax %31%33%88%31%27%17%28%27%34%23%-57%-0%
Net Profit123581311820916418814476155-10474
EPS in Rs1.280.610.141.232.181.701.961.500.801.62-1.080.77
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales5,8126,4346,6867,9348,1307,7308,1868,0888,6378,2948,0998,181
Expenses4,3864,7114,6055,3706,8706,1236,4096,9817,7267,0827,7007,922
Operating Profit1,4271,7232,0812,5641,2601,6061,7771,1079111,212399259
OPM %25%27%31%32%15%21%22%14%11%15%4.9%3.2%
Other Income1831,430565236112-29-111-459-20617137143
Interest16013714513014557447072334550
Depreciation78115182235271265221313309278217202
Profit before tax1,3732,9012,3192,4349561,2561,400264323918274150
Tax %40%23%36%36%45%37%32%82%56%26%1%
Net Profit8242,2201,4781,56752579395648141680271202
EPS in Rs8.5723.1315.4016.325.488.3310.040.501.477.072.842.11
Dividend Payout %26%11%19%21%5%30%30%0%68%34%70%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth3%1%0%2%
Compounded Profit Growth-10%-21%95%-73%
Stock Price CAGR-18%-24%-35%-34%
Return on Equity9%4%4%2%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital969696969696969696969696
Reserves3,4354,7086,5947,4668,8289,2489,99810,76710,62610,77711,43711,634
Borrowings2,0211,7162,2031,5261,11465042376282230321265
Other Liabilities1,4541,4461,3642,0422,8952,4242,3012,3002,7242,3471,8802,220
Total Liabilities7,0067,96610,25811,13012,93312,41812,81913,24013,72813,45013,73414,216
Fixed Assets1,1381,3339161,4761,4141,3151,1911,2251,3601,2041,005906
CWIP8811015692156837587191016
Investments9761,1481,3431,5299763257986535391,1951,275
Other Assets4,8055,3757,8438,03310,38610,69510,75411,86212,31512,19711,53312,029
Total Assets7,0067,96610,25811,13012,93312,41812,81913,24013,72813,45013,73414,216
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity6817317415541352501,5482801297141,161708
Cash from Investing Activity-165161,325-1,041864397-511586-202-46-1,576-291
Cash from Financing Activity-343-405-414-1,090-966-1,062-541-715-408-27423-339
Net Cash Flow1733421,652-1,57733-415496150-481395-39377
Free Cash Flow572459515300-1461051,37451-1276061,073553
CFO/OP87%92%83%67%42%45%128%44%47%105%102%229%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days808570848496927773726778
Inventory Days526617624644824877663
Days Payable230239196167177210138
Cash Conversion Cycle8085703804635245697257405976778
Working Capital Days152147151180236294295340352326335322
ROCE %27%26%24%26%27%14%14%16%8%6%9%3%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters3.99%3.99%3.99%3.99%3.99%3.99%3.99%3.99%3.99%3.99%3.99%3.99%
FIIs35.00%28.19%19.18%18.90%18.52%20.05%22.83%24.81%25.43%24.21%25.33%20.11%
DIIs42.07%43.42%35.30%22.27%19.05%17.87%15.87%16.75%13.92%11.98%10.79%7.81%
Government0.15%0.15%0.15%0.15%0.15%0.13%0.13%0.11%0.11%0.11%0.11%0.10%
Public18.80%24.24%41.38%54.67%58.30%57.96%57.18%54.33%56.56%59.70%59.78%67.97%
No. of Shareholders3,97,7434,08,5186,27,6256,03,2716,78,8496,82,5966,92,5386,38,2226,43,0426,45,8306,25,2076,20,227

Fundamentals

Market Cap₹ 7,121 Cr.
Current Price₹ 74.1
Stock P/E34.0
Book Value₹ 122
ROCE2.72 %
ROE2.40 %
Dividend Yield2.70 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)2%
Compounded Profit Growth (TTM)-73%
Consolidated figures.
Valuation
Market capRs 6,908 Cr
Enterprise valueRs 5,680 Cr
P/E (TTM)34.13x
Price to book0.59x
Price to sales0.84x
EV / EBITDA14.11x
EV / EBIT28.29x
EV / sales0.69x
Price to cash flow9.76x
Earnings yield2.93%
Dividend yield2.78%
P/E, 3-year average44.46x
P/B, 3-year average0.88x
P/E, 5-year average117.72x
P/B, 5-year average1.42x
Profitability
Operating margin (excl. other income)4.92%
Operating margin (incl. other income)6.61%
EBITDA margin4.92%
Pre-tax margin1.84%
Net profit margin2.47%
Net margin, latest quarter3.90%
ROE2.35%
ROCE2.67%
ROA1.95%
ROE, 3-year average3.24%
ROCE, 3-year average4.84%
ROA, 3-year average2.66%
ROE, 5-year average3.87%
ROCE, 5-year average6.21%
ROA, 5-year average3.15%
ROIC (approx.)1.90%
Tax rate0.84%
Other income / net worth1.17%
Growth
Sales growth (latest year)-2.35%
Profit growth (latest year)-59.81%
Sales CAGR, 3 years0.05%
Sales CAGR, 5 years0.94%
Profit CAGR, 3 years78.77%
Profit CAGR, 5 years-19.34%
Sales growth QoQ-5.80%
Sales growth YoY (latest quarter)4.52%
Profit growth YoY (latest quarter)-48.30%
Per share
EPS (TTM)Rs 2.11
EPS (latest year)Rs 2.84
EPS (latest quarter)Rs 0.77
EPS, 3-year averageRs 3.80
EPS, 5-year averageRs 4.39
Book value per shareRs 122.12
Sales per shareRs 85.18
Cash flow per shareRs 7.37
Free cash flow per shareRs 5.76
Dividend per share (latest year)Rs 2.00
Dividend per share, 3-year averageRs 1.81
Dividend per share, 5-year averageRs 2.11
Dividends
Dividend payout70.38%
Dividend payout, 3-year average57.57%
Dividend payout, 5-year average50.65%
Efficiency
Asset turnover0.57x
Fixed asset turnover8.94x
Inventory turnover0.76x
Inventory days481 days
Debtor days78 days
Debtors turnover4.70x
Creditor days138 days
Cash conversion cycle78 days
Working capital days322 days
Leverage
Total debtRs 265 Cr
Cash and bankRs 1,494 Cr
Net debtRs -1,228 Cr
Debt to equity0.02x
Net debt / EBITDA-3.05x
Interest coverage3.99x
Current ratio (filing 2026-03-31)5.59x
Quick ratio (filing 2026-03-31)2.56x
Trade payables (filing 2026-03-31)Rs 1,467 Cr
Owners' fund to total sources82.51%
Debt to assets1.86%
Cash flow
Cash from Operating Activity (latest year)Rs 708 Cr
Cash from Investing Activity (latest year)Rs -291 Cr
Cash from Financing Activity (latest year)Rs -339 Cr
Net Cash Flow (latest year)Rs 77 Cr
Free cash flow (latest year)Rs 553 Cr
FCFE (approx.: FCF + change in debt)Rs 497 Cr
Cash from ops / profit, 5 years1.43x
Sales to cash flow11.44x
Statement figures
Net sales (TTM)Rs 8,181 Cr
Net sales (latest year)Rs 8,099 Cr
Sales (latest quarter)Rs 1,907 Cr
Operating profit excl. other income (latest year)Rs 399 Cr
Operating profit (latest quarter)Rs 100 Cr
Other income (TTM)Rs 143 Cr
EBITDA (TTM)Rs 402 Cr
PBDT (TTM)Rs 352 Cr
Profit before tax (TTM)Rs 150 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 202 Cr
Net profit (latest year)Rs 273 Cr
Net profit (latest quarter)Rs 74 Cr
Depreciation (TTM)Rs 202 Cr
Depreciation (latest quarter)Rs 44 Cr
Interest (TTM)Rs 50 Cr
Cost of goods sold (latest year)Rs 4,945 Cr
Total expenditure (latest year)Rs 7,700 Cr
Total income (latest year)Rs 8,236 Cr
Share capitalRs 96 Cr
ReservesRs 11,634 Cr
Shareholders' fundsRs 11,730 Cr
Total assetsRs 14,216 Cr
Net blockRs 906 Cr
Capital work in progressRs 6 Cr
InvestmentsRs 1,275 Cr
ReceivablesRs 1,724 Cr
InventoryRs 6,512 Cr
Other liabilitiesRs 2,220 Cr
Shares outstanding (crore)96.05
Ownership
Promoter holding3.99% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 34.1 is at the 78th percentile of its own 9.4-year range (median 18.7, low 5.1, high 368.0).
P/B 0.59 is the lowest in 9.4 years (median 1.44).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodZEELNifty 50Difference
1 week-8.0%-2.8% -5.2 pts
1 month-23.0%-6.8% -16.2 pts
3 months-31.6%-7.6% -23.9 pts
6 months-0.3%+0.4% -0.7 pts
1 year-37.4%-9.9% -27.4 pts
2 years-43.5%-13.6% -30.0 pts
3 years-59.2%+14.2% -73.4 pts
5 years-63.5%+27.9% -91.4 pts
41 mutual fund schemes hold about ₹282 Cr. Over three months 40 bought more and 1 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
HDFC Balanced Advantage Fund0.07%76 +31%
Bandhan Large & Mid Cap Fund0.26%55 +18%
Bandhan Small Cap Fund0.15%50 +23%
HDFC Large & Mid Cap Fund0.16%49 +28%
Nippon India Nifty Smallcap 250 Index Fund0.39%14 +27%
SBI Nifty Smallcap 250 Index Fund0.39%7 +27%
UTI Nifty 500 Value 50 Index Fund0.83%7 +33%
Motilal Oswal Nifty Smallcap 250 Index Fund0.39%5 +27%
ICICI Pru Nifty Smallcap 250 Index Fund0.39%3 +27%
HDFC NIFTY Smallcap 250 Index Fund0.39%3 +27%
Axis Nifty500 Value 50 Index Fund0.83%2 +33%
HDFC BSE India Sector Leaders Index Fund0.87%2 +30%
JioBlackRock Nifty Smallcap 250 Index Fund0.39%2 +27%
Bandhan Balanced Advantage Fund0.06%1 +28%
Motilal Oswal Nifty 500 Index Fund0.04%1 +28%
Edelweiss Nifty Smallcap 250 Index Fund0.39%1 +27%
Nippon India Nifty 500 Equal Weight Index Fund0.18%1 +46%
Groww Nifty Smallcap 250 Index Fund0.39%1 +27%
HDFC Nifty500 Multicap 50:25:25 Index Fund0.10%1 +29%
Bandhan Nifty Smallcap 250 Index Fund0.39%0 +27%
Kotak Nifty Smallcap 250 Index Fund0.39%0 +27%
SBI Nifty 500 Index Fund0.04%0 +28%
Bandhan Nifty 500 Value 50 Index Fund0.83%0 +33%
Axis BSE India Sector Leaders Index Fund0.87%0 +30%
Bandhan Retirement Fund0.13%0 +33%

Red flags

F-score 5 of 8
lookProfit leans on other income Other income was 50% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹1,907 Cr +4.5% vs Jun 2025. Net profit ₹74 Cr -48.6%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-10Dividend - Rs 2 Per Share
2025-08-29Dividend - Rs 2.43 Per Share
2024-11-08Dividend - Re 1 Per Share
2024-01-23Inferred from price: close fell to 0.664x overnight, no NSE action on record0.6667
2022-09-15Annual General Meeting/Dividend - Rs 3 Per Share
2021-09-02 Annual General Meeting/Dividend - Rs 2.50 Per Share
2020-09-10 Annual General Meeting/Dividend - Rs 0.30 Per Share
2019-07-15 Annual General Meeting/ Dividend - Rs 3.50 Per Share
2018-07-09 Annual General Meeting / Dividend- Rs 2.90 Per Share
2017-07-05 Annual General Meeting/Dividend - Rs 2.50 Per Share
2016-07-21 Annual General Meeting/ Dividend -Rs 2.25/- Per Share
2015-07-09Annual General Meeting / Dividend - Rs 2.25/- Per Share
2014-07-10Annual General Meeting / Dividend - Rs 2/- Per Share
2014-03-03Bonus Preference Shares 21:1
2013-07-11Annual General Meeting And Dividend Rs.2/- Per Share
2012-07-05Annual General Meeting And Dividend - Re.1.50 Per Share
2011-07-28Annual General Meeting And Dividend Rs.2/- Per Share
2010-11-11Bonus 1:10.5000
2010-10-07Annual General Meeting / Dividend Rs.2/- Per Share / Scheme Of Arrangement
2010-04-29Spl Int Div-Rs.2/- Pr Shr
2009-08-06Agm/Div-Rs.2/- Per Share
2008-07-17Agm/Dividend-200%
2007-08-08Agm/Dividend-150%
2007-02-12Scheme Of Arrangement
2006-12-18Sch Of Arngmnt/Div-100% Purpose Revised
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2020-11-20NCLTZEE Entertainment Enterprises Limited Vs Jupiter Broadcast (P) Limited
2019-02-08NCLTMalathi Gopi(IRP) (In the matter od Zee Entertainment Enterprises Ltd) Vs Tanjara trading pvt ltd
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Zee Entertainment Enterprises Ltd?

Zee Entertainment Enterprises Ltd (ZEEL) has a market capitalisation of Rs 7,121 Cr. at the 2026-10-01 close.

What is the P/E ratio of Zee Entertainment Enterprises Ltd?

Zee Entertainment Enterprises Ltd trades at a P/E of 34.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Zee Entertainment Enterprises Ltd's latest quarterly results?

In the Jun 2026 quarter, Zee Entertainment Enterprises Ltd sales was Rs 1,907 Cr (+4.5% vs Jun 2025) and net profit was Rs 74 Cr.

What is the 52-week high and low of Zee Entertainment Enterprises Ltd?

The 52-week high is Rs 118.35 and the 52-week low is Rs 68.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03