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Zee Entertainment

₹124.9 -1.3 | 1%

Market Cap ₹11997 Cr.

Stock P/E 60.2

P/B 1.1

Current Price ₹124.9

Book Value ₹ 109

Face Value 1

52W High ₹293.1

Dividend Yield 0.8%

52W Low ₹ 114.4

Zee Entertainment Research see more...

Overview Inc. Year: 1982Industry: TV Broadcasting & Software Production

Zee Entertainment Enterprises Ltd is a media and amusement organization engaged in supplying broadcasting services. The Company operates thru Content and Broadcasting phase. It offers content material in more than one languages and offers about 38 worldwide and over 30 home channels. The Company has a library, housing over 222,703 hours of tv content material. The Company holds rights to around 3,820 movie titles. The Company's manufacturers consist of Zee Classic, Zee Anmol, Zee Cafe, Zee Studio, Zee TV, Zee Cinema, Zee Action, Zee Salaam, Zing, ETC Bollywood, Zee Q and Zindagi. The Company has a number of supplying inside the local language area with channels, including Zee Telugu, Zee Kannada, Zee Tamil, Zee Marathi, Zee Talkies, Zee Bangla, Zee Bangla Cinema, and Sarthak TV. It high definition offerings consist of Zee Studio HD, Zee Cafe HD, &pictures HD, Zee TV HD, Zee Cinema HD, &tv HD, Ten 1 HD and Ten Golf HD. The Company has operations in over 170 international locations.

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Zee Entertainment Share Price

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Price

Quarterly Price

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Zee Entertainment Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Zee Entertainment Profit & Loss

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Net Sales 3076 3426 4207 5025 5796 6858 7294 6665 7511 7422 8075
Other Income 186 240 250 348 982 216 344 262 333 273 154
Total Income 3261 3666 4456 5373 6777 7073 7637 6928 7844 7695 8229
Total Expenditure 2045 2394 3118 3592 3764 4169 5823 5001 5779 6416 7193
Operating Profit 1216 1272 1338 1781 3014 2905 1814 1927 2065 1279 1036
Interest 7 2 149 127 143 128 139 53 40 68 69
Depreciation 34 58 60 86 140 159 178 146 111 192 223
Exceptional Income / Expenses 0 0 0 47 0 -22 -284 -127 -127 -667 -313
Profit Before Tax 1175 1212 1130 1615 2731 2596 1213 1602 1787 353 431
Provision for Tax 403 380 472 647 819 941 461 481 448 189 130
Profit After Tax 772 832 658 968 1912 1655 752 1121 1339 164 302
Adjustments 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 772 832 658 968 1912 1655 752 1121 1339 164 302
Adjusted Earnings Per Share 8 7.4 6.9 10.1 19.9 17.2 7.8 11.7 13.9 1.7 3.1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 9% 7% 3% 10%
Operating Profit CAGR -19% -19% -19% -2%
PAT CAGR 84% -35% -29% -9%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -53% -27% -16% -10%
ROE Average 3% 6% 9% 20%
ROCE Average 5% 10% 13% 23%

Zee Entertainment Balance Sheet

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Shareholder's Funds 3968 4588 3608 4347 5820 7131 7628 8748 9848 9711 10006
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 2 1 1715 1821 1145 743 333 1 2 4 3
Other Non-Current Liabilities 10 13 9 5 298 273 -94 -88 -87 0 -80
Total Current Liabilities 720 970 830 1405 1785 2723 2606 2381 2070 2587 2229
Total Liabilities 4700 5572 6161 7578 9048 10869 10473 11042 11833 12303 12159
Fixed Assets 263 294 304 396 811 734 617 501 493 823 694
Other Non-Current Assets 1553 1413 2330 1723 1958 2069 993 921 1278 1051 1204
Total Current Assets 2884 3866 3527 5459 6279 8066 8787 9561 10062 10281 10180
Total Assets 4700 5572 6161 7578 9048 10869 10473 11042 11833 12303 12159

Zee Entertainment Cash Flow

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Opening Cash & Cash Equivalents 238 163 100 282 454 501 859 383 581 625 418
Cash Flow from Operating Activities 443 662 550 824 733 263 307 1102 286 178 675
Cash Flow from Investing Activities -369 -384 42 -278 399 1061 256 -366 462 11 -47
Cash Flow from Financing Activities -149 -342 -410 -379 -1090 -966 -1039 -537 -704 -396 -250
Net Cash Inflow / Outflow -75 -63 182 167 43 358 -476 199 44 -207 379
Closing Cash & Cash Equivalent 163 100 282 454 501 859 383 581 625 418 796

Zee Entertainment Ratios

# Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Earnings Per Share (Rs) 7.96 7.4 6.86 10.09 19.92 17.24 7.83 11.66 13.93 1.71 3.14
CEPS(Rs) 8.4 9.27 7.48 10.98 21.37 18.89 9.68 13.18 15.08 3.7 5.45
DPS(Rs) 2 2.25 2.25 2.5 2.9 3.5 0.3 2.5 3 0 1
Book NAV/Share(Rs) 20.32 26.75 37.58 45.28 60.61 74.26 79.43 90.99 102.44 101.05 104.12
Core EBITDA Margin(%) 33.5 30.13 25.89 28.53 35.06 39.21 20.16 24.98 23.06 13.55 10.92
EBIT Margin(%) 38.44 35.43 30.39 34.67 49.58 39.72 18.54 24.83 24.33 5.67 6.2
Pre Tax Margin(%) 38.2 35.38 26.86 32.14 47.12 37.85 16.63 24.04 23.79 4.76 5.34
PAT Margin (%) 25.11 24.28 15.65 19.27 32.99 24.13 10.31 16.82 17.83 2.21 3.73
Cash Profit Margin (%) 26.21 25.97 17.07 20.98 35.4 26.45 12.74 19 19.3 4.79 6.49
ROA(%) 17.76 16.2 11.22 14.1 23 16.62 7.05 10.42 11.71 1.36 2.47
ROE(%) 29.12 36.81 21.31 24.35 37.61 25.56 10.19 13.7 14.41 1.68 3.06
ROCE(%) 32.27 28.36 25.79 29.35 41.36 34.94 16.36 19 19.25 4.3 5.07
Receivable days 89.9 86.81 77.47 69.28 70.5 78.37 94.63 106.63 82.71 77.82 70.4
Inventory Days 123.34 123.97 110.36 106.45 118.85 144.67 198.76 263.7 265.9 318.54 305.99
Payable days -348.77 -663.12 -701.39 -586.73 -463.6 -386.55 -367.53 -1994.07 -451.12 -593.36 1618.13
PER(x) 34.15 46.16 56.36 53 28.94 25.77 15.83 17.42 20.69 124.13 44.21
Price/Book(x) 13.37 12.77 10.28 11.81 9.51 5.98 1.56 2.23 2.81 2.09 1.33
Dividend Yield(%) 0.74 0.66 0.58 0.47 0.5 0.79 0.24 1.23 1.04 0 0.72
EV/Net Sales(x) 9.08 10.08 9.13 10.54 9.61 6.26 1.66 2.89 3.6 2.68 1.55
EV/Core EBITDA(x) 22.97 27.14 28.71 29.74 18.47 14.77 6.66 10.01 13.11 15.57 12.09
Net Sales Growth(%) 19.87 11.4 22.77 19.46 15.34 18.33 6.35 -8.61 12.69 -1.19 8.8
EBIT Growth(%) 24.02 2.69 5.31 36.28 64.94 -5.21 -50.36 22.39 10.42 -76.98 19
PAT Growth(%) 20.54 7.7 -20.87 47.13 97.43 -13.44 -54.57 49.11 19.44 -87.76 83.95
EPS Growth(%) 18.45 -6.94 -7.39 47.13 97.43 -13.44 -54.57 48.95 19.44 -87.76 83.96
Debt/Equity(x) 0 0 0.48 0.51 0.26 0.16 0.09 0.04 0 0 0
Current Ratio(x) 4.01 3.98 4.25 3.89 3.52 2.96 3.37 4.02 4.86 3.97 4.57
Quick Ratio(x) 2.45 2.77 2.64 2.8 2.3 1.78 1.58 1.94 1.96 1.29 1.61
Interest Cover(x) 164.19 674.44 8.6 13.7 20.15 21.21 9.73 31.46 45.23 6.22 7.24
Total Debt/Mcap(x) 0 0 0.05 0.04 0.03 0.03 0.06 0.02 0 0 0

Zee Entertainment Shareholding Pattern

# Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Promoter 3.99 3.99 3.99 3.99 3.99 3.99 3.99 3.99 3.99 3.99
FII 39.18 38.65 37.33 36.39 33.4 35 28.19 19.18 18.91 18.52
DII 30.66 31.45 37.48 38.18 40.76 42.22 43.57 35.45 22.42 19.07
Public 26.17 25.91 21.19 21.44 21.85 18.79 24.25 41.38 54.68 58.42
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 3.99%.
  • Company has a low return on equity of 6% over the last 3 years.
  • Debtor days have increased from -593.36 to 1618.13days.
  • The company has delivered a poor profit growth of -28% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Zee Entertainment News

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