Minerva Capital Research Solutions

Zee Entertainment Enterprises

NSE: ZEELBSE: 505537
Compare with peers
₹ 69.51▲ 4.93 (+7.63%)28 Oct, 03:29 pm IST
P/E
31.7x
52-week range
63.78 – 118.35
ROE
2%
ROCE
3%
Sector
Entertainment
Industry
TV Broadcasting & Software Production
Listed on
NSE, BSE

About

Zee Entertainment Enterprises Limited is an India-based content company offering entertainment content to diverse audiences. The Company is engaged in businesses, such as broadcasting of satellite television channels and digital media; space selling agent for other satellite television channels; sale of media content, such as programs/film rights/feeds/music rights, and movie production and distribution. Its entertainment platforms consist of Broadcast, which includes domestic and international; Digital, which includes over-the-top (OTT), content delivery, and technology & innovation, and Movies & Music, which includes movie production & distribution, and music publishing. Its domestic broadcasting categories include Hindi General Entertainment Channels, Regional Entertainment Channels, Hindi Movie Cluster and Niche Channels. It serves the South Asian diaspora with channels and programming in Indian languages, as well as the international audience in their native languages as well.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

TV Broadcasting & Software Production: 20 companies →

Zee Entertainment Enterprises against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)31.7 against a typical 24.2: pricier than most peers (1st = cheapest).11th of 19
  • Sales growth+4.5% against a typical +0.9% from a year earlier.9th of 20
  • Profit growth−48.6% against a typical −44.4% from a year earlier.6th of 9
  • Share price, 3 months−35.7% against a typical −12.3%.17th of 19

Latest announcements

Exchange filings and their impact on the company.

  • 21 Oct 2026General UpdatesLow impactPositivePrice −1.1% that day
    Zee appoints veteran Suraj Singh to lead Zee Studios from November 10, 2026.

    Zee Entertainment has appointed Suraj Singh as Business Head of Zee Studios effective November 10, 2026, designating him as Senior Management Personnel. Singh has 24+ years across films, TV and OTT, credited with Roar of the Lion for Hotstar and work on M.S. Dhoni: The Untold Story. The hire strengthens Studios leadership but has only a small near-term financial impact.

    Filing
  • 6 Oct 2026General UpdatesLow impactNegativePrice −1.6% that day
    MCA ordered an investigation and sought information from Zee, with no penalty yet but adding regulatory overhang.

    Zee Entertainment said it received a notice on October 5, 2026 from the Ministry of Corporate Affairs seeking information under Section 210 of the Companies Act. This is in continuation of an ongoing inspection under Section 206(5), and the company said it has provided and will provide the information sought. No violation, penalty or financial amount was disclosed, but the investigation creates regulatory overhang for investors.

    Filing

Board meetings

Results dates and other board meetings. Full calendar

Details
30 Oct 2026UpcomingFinancial ResultsTo consider and approve the financial results for the quarter and half year ended September 30, 2026.
10 Aug 2026Financial Resultsto consider and approve the unaudited financial results of the Company both on standalone and consolidated basis for the quarter ended June 30, 2026.
1 Jul 2026Fund RaisingTo further consider and evaluate the mode/method of raising funds by way of issuance of equity shares and/or other securities convertible into equity shares, through permissible modes
10 Jun 2026Fund RaisingTo consider raising of funds by issue of equity shares and/or other securities convertible into equity shares, in one or more tranches
19 May 2026Financial Results/DividendTo consider and approve the audited financial results of the Company both on standalone and consolidated basis for the quarter and financial year ended March 31, 2026 and to recommend payment of equity dividend for the financial year 2025-26, if any
22 Jan 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
16 Oct 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025

Share price

1Y change −32.61%
0 of 2 filing days came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.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 Rs1.280.610.141.232.181.71.961.50.81.62−1.080.77

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
3%
5 Years
1%
3 Years
0%
TTM
2%
Compounded Profit Growth
10 Years
−10%
5 Years
−21%
3 Years
95%
TTM
−73%
Stock Price CAGR
10 Years
−14%
5 Years
−9%
3 Years
−27%
TTM
—
Return on Equity
10 Years
9%
5 Years
4%
3 Years
4%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
3.99%
0 pts in a year
FIIs
20.11%
−4.7 pts in a year
DIIs
7.81%
−8.94 pts in a year
Government
0.1%
−0.01 pts in a year
Public
67.97%
+13.64 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 31.7xEPS (12 months) ₹ 2.18Median P/E 28.6x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Zee Entertainment Enterprises₹ 69.51—31.7x—2%—
Sun Tv Network₹ 582.20₹ 22,966 Cr.13.2x1.6x11.9%33.2%
DEN Networks₹ 23.54₹ 1,131 Cr.7.9x0.3x—15%
New Delhi Television₹ 60.65₹ 684 Cr.—7.1x−345%−61.2%
TV Today Network₹ 100.50₹ 600 Cr.27.5x0.8x1.4%1.6%
GTPL Hathway₹ 51.58₹ 581 Cr.44.4x0.6x—0.2%

Management

Punit Goenka
Chief Executive Officer
Mukund Venkatesh Galgali
Deputy Chief Executive Officer, Chief Financial Officer
Amit Goenka
President - Digital Businesses and Platforms
Ashish Ramesh Agarwal
Compliance Officer, Company Secretary

Prices are delayed and for information only. Nothing on this page is investment advice.