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NSE:ZEEL

ZEE ENTERTAINMENT ENT LTD

Media Entertainment & Publication › Entertainment·NIFTY 500NIFTY MIDSMALLCAP 400NIFTY MIDSMALLCAP400 50:50NIFTY SMALLCAP 250+5
₹69.50
at close · 28 Oct 2026
▲ 4.51 (+6.94%)

Latest filings

Next results: Fri, 30 Oct · Financial Results
  1. Board meeting to approve September 2026 quarterly and half-year results · Results
  2. Board meeting set for October 30, 2026 results · Results
  3. Zee Entertainment appoints Suraj Singh as Business Head of Zee Studios · Management Changes
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates India's Hindi general entertainment TV channels, the ZEE5 OTT streaming platform, a film production and licensing business, and a music catalog of 20,000 songs. Zee TV, the flagship Hindi GEC, delivered 40% YoY GRP growth in Q4 FY26, lifting network viewership share to 17.4% (up 80 basis points). ZEE5 reached monthly unique users of 800 million across platforms and posted Q4 digital revenue of Rs 4,700 million (up 71% YoY), turning EBITDA-positive for FY26 after a Rs 5,480 million loss in FY25. Revenue comes from advertising (down 4% YoY in Q4, with the Middle East conflict hitting March), subscription (up 4% YoY, driven by digital) and movie-related income. The movie amortization policy was revised to front-load 50% of rights costs into the first two years, triggering a Rs 4,084 million one-off charge in Q4. The company is investing in VFX via Phantom Digital Effects (up to Rs 116 crore) and live events via CORE (Rs 20 crore). Content and programming materials are the dominant cost at 60% of revenue, with employee costs at 10.4% and other operating expenses at 24.7%.

Operating scale
Network viewership share
17.4%Q4 FY26
Zee TV Hindi GEC GRP growth
40% YoYQ4 FY26
ZEE5 monthly unique reach
800 million across platforms
Zee Music catalog size
20,000 songs
TV weekly reach
740+ million viewers
TV weekly impressions
28+ billion
Who pays it
Advertisers on linear TV and ZEE5; subscribers to ZEE5; cable/DTH distributors paying carriage fees; movie and music licensees.
Biggest cost
Content acquisition and programming (films, channel programming, digital originals), at 60% of revenue.
Kind of business
Cyclical, content-heavy broadcaster with linear TV and OTT streaming; ad-sensitive to macro and geopolitical events.
Where it sits
One of India's major Hindi broadcast networks with 17.4% viewership share in Q4 FY26; also operates the ZEE5 OTT platform and a Hindi film and music library.
Market Cap
₹6,709 Cr
P / E (TTM)
19.2×
EV / EBITDA
9.1×
Div Yield
3.48%
Growth
0.9%▲
Revenue 5y CAGR
PAT -19.3% · EBITDA -19.4%
Quality
4.9%·
ROCE (5y median)
ROE 2.3% (5y median) · margin 6.6%
Leverage
0.02·
Debt / Equity · low
Net cash ₹620 Cr
Revenue FY21→FY26
1.0×▲
Margin −6.9 pts
₹7,730 Cr → ₹8,099 Cr
Cash conversion
1.44×▲
Operating cash ÷ profit · 5 yrs
₹3,009 Cr on ₹2,096 Cr
Moves on a normal day
1.54%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 16 TV Broadcasting & Software Production peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#5/9
P/B#7/14
ROCE#8/15
ROE#4/14
Debt / Equity#7/14
EBITDA margin#11/17
Revenue growth#9/16
Profit growth#11/16

Scorecard

Measured from the filed financials, judged against its TV Broadcasting & Software Production peers · as of FY26 — not investment advice

Strengths
Over 5 years it reported ₹2,096 Cr of profit and ₹3,009 Cr of operating cash — 1.44×
Profit is converting into cash
Pays out 86% of profit as dividend
Concerns
Slow revenue growth — 1% a year over 5 years
Profit shrinking over 5 years (−19% a year)
Returns on capital 4.9% (5-year median)
#8 of 15 in TV Broadcasting & Software Production on the latest reported figures · down from 12.8% in FY21
Heavy working capital — 305 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from ZEE ENTERTAINMENT ENT LTD's filed financials and exchange disclosures

What does ZEE ENTERTAINMENT ENT LTD do?

ZEE ENTERTAINMENT ENT LTD is a Entertainment company listed on NSE and BSE, trading under the symbol ZEEL.

Is ZEE ENTERTAINMENT ENT LTD profitable?

Yes. Over the trailing twelve months ZEE ENTERTAINMENT ENT LTD reported a net profit of ₹346 Cr on revenue of ₹10,006 Cr.

Does ZEE ENTERTAINMENT ENT LTD pay a dividend?

Yes. The dividend yield is 3.48% at the current price. It paid out 86% of its profit as dividend in FY26.

Is ZEE ENTERTAINMENT ENT LTD debt-free?

On a net basis, yes. It reported borrowings of ₹178 Cr on its 31 Mar 2026 balance sheet, but holds ₹620 Cr more cash than debt.

Is ZEE ENTERTAINMENT ENT LTD expensive compared with its peers?

On trailing P/E, ZEE ENTERTAINMENT ENT LTD ranks 5 of 9 in TV Broadcasting & Software Production — cheaper than 50% of them, against an industry median of 19.2×. This is a position, not a valuation judgement.

How much does the ZEE ENTERTAINMENT ENT LTD share price move in a day?

On a typical session ZEE ENTERTAINMENT ENT LTD moves 1.54% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are ZEE ENTERTAINMENT ENT LTD's next results?

Financial Results on Fri, 30 Oct. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track ZEE ENTERTAINMENT ENT LTD's announcements?

Every NSE and BSE filing by ZEE ENTERTAINMENT ENT LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.