Earning release
ZEEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Zee Entertainment reported FY26 operating revenue of Rs 80,989 Mn (down 2% YoY). Adjusted EBITDA fell 37% to Rs 7,547 Mn with margin compressing to 9.3% from 14.4% prior year, impacted by weak advertising environment and higher A&P spends. Q4 FY26 saw a PAT loss of Rs 1,037 Mn due to a Rs 4,084 Mn charge related to change in movie rights inventory amortisation estimates and impairment. However, digital business ZEE5 delivered strong growth with revenue up 53% YoY to Rs 14,888 Mn. The company maintained healthy cash position of Rs 27.6 Bn and TV network share improved to 17.4% (3-year high).
The earnings reflect near-term profitability pressure from ad market weakness and one-time accounting charges, though underlying digital growth and market share gains provide long-term promise. Q4 loss and margin compression signal near-term share price weakness likely.