As of 6 Nov 2026, Zee Entertainment Enterprises trades at 35.0× trailing earnings, above the industry P/E of 15.3×, and the shares are 46% below their 52-week high. It earns ROCE of 2.5% and ROE of 1.4%, and sales and net profit grew 0.0% and 79% a year over 3 years. It has almost no debt, and its dividend yield is 3.1%. It is a small-cap company with a market cap of ₹6,144 Cr, ranked 2nd of 16 Broadcasting companies by market cap; the shares fell 34% over the past year.
- ₹67.36
- ₹67.48
- ₹63.31
- ₹67.42
- 2 Cr
Health check
- ReturnsBehind
−33.9% over a year, better than 2 of 7 peers.
- Price tagPricier
P/E 35.0 vs industry 15.3.
- GrowthSteady
Sales +0.0%, profit +78.7% a year over 3 years.
- ProfitabilityWeak
ROCE 2.5% vs peer median 0.8%.
- Balance sheetFair
Practically debt-free, Piotroski 4 of 9.
- Red flags4 to check
Return on equity is low at 1.4%.
Small cap
Defensive
Key metrics
- Market cap
- ₹6,144 Cr
- Small cap
- P/E
- 35.0
- Industry 15.3
- Price to book
- 0.49
- Peers 0.52
- Dividend yield
- 3.13%
- ROE
- 1.4%
- Peers −0.1%
- ROCE
- 2.5%
- Peers 0.8%
- Debt to equity
- 0.01
- Debt ₹65 Cr
- EPS (TTM)
- ₹1.83
- Face value ₹1
- OPM (TTM)
- 1.4%
- Net margin 2.1%
- Sales growth
- +13.0%
- Latest quarter vs a year ago
- Profit growth
- −36.7%
- Latest quarter vs a year ago
- Price to sales
- 0.73
- EV/EBITDA 253.9
Strengths and risks
Strengths
- Practically debt-free.
- Dividend yield of 3.13%.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 1.4%.
- Quarterly profit down 36.7% on a year ago.
- P/E of 35.0 against an industry P/E of 15.3.
- 46% below its 52-week high.
About Zee Entertainment Enterprises
Zee Entertainment Enterprises Limited, together with its subsidiaries, engages in broadcasting satellite television channels and digital media in India and internationally. The company broadcasts Hindi general entertainment channels, such as Zee TV, Zee TV HD, &tv, &tv HD, and BIG Magic; Hindi movie channels comprising Zee Anmol Cinema, Zee Cinema, Zee Action, Zee Classic, &pictures, and Zee Bollywood, as well as Zee Cinema HD, &xplor HD, and &pictures…
- Headquarters
- Mumbai
- Employees
- 2,159
- Sector
- Communication Services
- ISIN
- INE256A01028
- Website
- zee.com
Price range
- Avg volume (3M)
- 2.3 Cr
- 1-year return
- minus 33.9%
- From 52-week high
- minus 45.9%
Analyst consensus
Next results expected around 21 Jan 2027
Peers · Broadcasting
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SUNTVSun TV Network | 595.45 | minus 0.27% | 23,466 | 15.2 | 1.74 | 15.3% | 11.9% | 48.2% | 4.7% | −5.5% | 2.52% | plus 6.3% |
| ZEELZee Entertainment Enterprises | 63.97 | minus 5.12% | 6,144 | 35.0 | 0.49 | 2.5% | 1.4% | 1.4% | 0.0% | 78.7% | 3.13% | minus 33.9% |
| NDTVNew Delhi Television | 64.53 | minus 1.75% | 728 | – | −47.52 | −75.1% | −345.0% | −48.4% | 11.0% | – | 0.00% | minus 28.3% |
| TVTODAYTV Today Network | 101.20 | minus 1.20% | 604 | 38.9 | 0.68 | 3.5% | 1.6% | 4.5% | −2.6% | −45.4% | 0.00% | minus 29.7% |
| ZEEMEDIAZee Media Corporation | 7.10 | minus 0.56% | 465 | – | 2.00 | 4.3% | 0.9% | 13.3% | 1.8% | – | 0.00% | minus 28.6% |
| ENILEntertainment Network (India) | 80.55 | minus 2.88% | 384 | – | 0.52 | −1.8% | −1.0% | 10.3% | 3.5% | – | 2.48% | minus 38.7% |
| AQYLONAqylon Nexus | 12.76 | minus 2.22% | 324 | 11.4 | −56.21 | – | – | 35.6% | – | – | 0.00% | minus 98.3% |
| RADIOCITYMusic Broadcast | 5.60 | minus 1.23% | 197 | – | 0.43 | −9.7% | −6.0% | 5.1% | −4.3% | – | 0.00% | minus 25.7% |
| Median of 7 peers | – | −1.23% | 465 | 15.2 | 0.52 | 0.8% | −0.1% | 10.3% | 2.6% | −25.5% | 0.00% | −28.6% |
Quarterly results
| ₹ Cr | Jun 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 1,825 | 2,280 | 2,025 | 1,907 | 2,225 | |
| 1,597 | 2,040 | 2,293 | 1,828 | 2,154 | |
| 228 | 241 | −269 | 78.9 | 70.8 | |
| 12.5% | 10.5% | −13.3% | 4.1% | 3.2% | |
| 25.1 | 18.4 | 76.3 | 31.2 | 22.6 | |
| 7.7 | 9.2 | 14.9 | 13.2 | 2.5 | |
| 59.1 | 53.7 | 47.3 | 43.5 | 42.8 | |
| 10.9 | 5.7 | 13.8 | 20.7 | 15 | |
| 197 | 202 | −241 | 74.1 | 63.1 | |
| 27.1% | 23.3% | 56.9% | −0.3% | 27.7% | |
| 144 | 155 | −102 | 76.3 | 47.8 | |
| 1.50 | 1.62 | -1.08 | 0.79 | 0.50 |
Profit & loss
- Sales CAGR 3Y
- 0.0%
- Profit CAGR 3Y
- +78.7%
- EPS CAGR 3Y
- +78.0%
- ROE
- 1.4%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 8,088 | 8,637 | 8,280 | 8,088 | |
| – | +6.8% | minus 4.1% | minus 2.3% | |
| 7,208 | 7,722 | 7,075 | 7,729 | |
| 880 | 915 | 1,205 | 359 | |
| 10.9% | 10.6% | 14.6% | 4.4% | |
| 330 | 130 | 93.7 | 100 | |
| 70.2 | 72.1 | 27.3 | 27.3 | |
| 341 | 317 | 287 | 217 | |
| −330 | −275 | −58.3 | 58.6 | |
| 468 | 381 | 926 | 274 | |
| 46.3% | 47.7% | 25.8% | 0.8% | |
| 47.8 | 141 | 680 | 273 | |
| – | +195.8% | +380.6% | minus 59.8% | |
| 0.50 | 1.47 | 7.08 | 2.82 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 96.1 | 96.1 | 96.1 | 96.1 | |
| 10,626 | 10,777 | 11,437 | 11,636 | |
| 282 | 230 | 321 | 265 | |
| 2,724 | 2,347 | 1,880 | 2,219 | |
| 13,728 | 13,450 | 13,734 | 14,216 | |
| 735 | 650 | 552 | 555 | |
| 23.8 | 10.6 | 15.1 | 57.5 | |
| 33 | 36.8 | 35.7 | 41.7 | |
| 728 | 1,116 | 2,328 | 2,647 | |
| 12,209 | 11,636 | 10,803 | 10,915 | |
| 13,728 | 13,450 | 13,734 | 14,216 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 129 | 714 | 1,186 | 708 | |
| −202 | −47.5 | −1,578 | −299 | |
| −408 | −274 | 22.8 | −339 | |
| −481 | 393 | −369 | 69.6 | |
| −268 | −131 | −91.6 | −160 | |
| −139 | 584 | 1,094 | 548 | |
| −288 | – | −96.1 | −233 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 17.9% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.