ZEE Entertainment ENT Ltd
NSE: ZEEL · TV Broadcasting & Software Production · sector
₹64.24NSE close 2026-10-26
Key numbers
Market cap₹6,173 cr
Price₹64.24
52w high / low₹118 / ₹64
P/E30.3xSector median 13.0x
P/B0.5xSector median 0.8x
Book value₹122.1
Dividend yield3.78%Sector median 3.37%
ROE1.8%Sector median 0.6%
ROCE1.7%Sector median 2.4%
OPM3.1%Sector median 3.1%
Debt / equity0.02xSector median 0.02x
EV/EBITDA14.5xSector median 10.8x
Interest cover4.0x
Current ratio5.59x
Sales growth 3y+0.1%Sector median -5.5%
Profit growth 3y+78.8%Sector median -8.3%
PEG0.39x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 19 companies in TV Broadcasting & Software Production (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹2,724 cr vs borrowings ₹178 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 4.0x in the last 12 months.
- 5.38% of the promoters' shares are pledged (0.2% of all shares).
- Operating cash flow was below net profit in 1 of the last 5 years (FY22).
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 74% of net profit in the last 12 months.
- Dividend paid in 4 of the last 5 financial years.
- Price ₹64.24 on 2026-10-26: -45.7% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹145.84 · low ₹64.24
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,001 | 1,979 | 2,184 | 1,825 | 1,969 | 2,280 | 2,025 | 1,907 |
| EBITDA | 334 | 240 | 298 | 239 | 159 | 246 | -255 | 100 |
| OPM % | 16.7% | 12.1% | 13.6% | 13.1% | 8.1% | 10.8% | -12.6% | 5.2% |
| Other income | 34 | 34 | 36 | 25 | 26 | 18 | 76 | 31 |
| Net profit | 209 | 164 | 188 | 144 | 76 | 155 | -102 | 76 |
| EPS (₹) | 2.18 | 1.70 | 1.96 | 1.50 | 0.79 | 1.62 | -1.08 | 0.79 |
| Revenue YoY | -1.6% | +15.2% | -7.3% | +4.5% | ||||
| Profit YoY | -63.5% | -5.1% | -154.4% | -46.9% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 8,189 | 8,088 | 8,637 | 8,294 | 8,099 | 8,181 |
| EBITDA | 1,585 | 771 | 633 | 1,114 | 389 | 250 |
| Net profit | 965 | 48 | 141 | 680 | 273 | 206 |
| EPS (₹) | 10.04 | 0.50 | 1.47 | 7.08 | 2.82 | 2.12 |
| Revenue growth | -1.2% | +6.8% | -4.0% | -2.4% | +2.4% | |
| Profit growth | -95.0% | +195.9% | +380.4% | -59.8% | -70.8% | |
| Dividend / share (₹) | 2.50 | 3.00 | – | 1.00 | 2.43 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | 0.0% | +0.9% | +2.4% |
| Net profit | +78.8% | -19.3% | -70.8% |
| EPS | +78.0% | -19.5% | – |
| Share price | – | -24.3% (2y) | -30.8% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 10,722 | 10,873 | 11,533 | 11,730 |
| Borrowings | – | 6 | 6 | 160 | 178 |
| Cash & equivalents | – | 804 | 1,193 | 2,406 | 2,724 |
| Total assets | – | 13,728 | 13,450 | 13,734 | 14,216 |
| Fixed assets | – | 712 | 640 | 551 | 497 |
| Capital work in progress | – | 19 | 9 | 1 | 4 |
| Investments | – | 33 | 37 | 36 | 42 |
| Receivables | – | 1,609 | 1,702 | 1,532 | 1,724 |
| Inventory | – | 7,308 | 6,913 | 6,775 | 6,512 |
| Payables | – | 1,749 | 1,435 | 0 | 1,467 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 272 | 129 | 714 | 1,186 | 708 |
| Cash from investing | 586 | -202 | -47 | -1,604 | -299 |
| Cash from financing | -715 | -408 | -274 | 23 | -339 |
| Capex | 236 | 268 | 130 | 92 | 160 |
| Free cash flow | 35 | -139 | 584 | 1,094 | 548 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 0.4% | 1.3% | 5.9% | 2.3% |
| ROCE % | – | 5.0% | 4.2% | 8.2% | 2.7% |
| Debtor days | – | 73 | 72 | 67 | 78 |
| Inventory days | – | 330 | 292 | 298 | 489 |
| Payable days | – | 79 | 61 | 0 | 110 |
| Cash conversion cycle (days) | – | 324 | 303 | 365 | 457 |
| Working capital days | – | 388 | 376 | 441 | 445 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 3.99% |
| FIIs | 18.08% |
| DIIs | 7.33% |
| of which Mutual funds | 3.25% |
| of which Insurance | 3.78% |
| Government | 0.00% |
| Public (non-institutions) | 70.60% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 3.99% | 3.99% | 3.99% | 3.99% | 3.99% | 3.99% | 3.99% | 3.99% |
| Promoter group | % |
|---|---|
| Essel Media Ventures Limited | 3.45% |
| Cyquator Media Services Private Limited | 0.20% |
| Essel Holdings Ltd | 0.18% |
| Essel International Limited | 0.14% |
| Essel Corporate Llp | 0.02% |
| Subhash Chandra | 0.00% |
| Sushila Goenka | 0.00% |
| Punit Goenka | 0.00% |
| Amit Goenka | 0.00% |
| Subhashchandra & Sons HUF | 0.00% |
| Nand Kishor and Sons | 0.00% |
| Sprit Infrapower & Multiventures Private Limited | 0.00% |
| Essel Infraprojects Limited | 0.00% |
| Dakshin Mercantile Pvt Ltd. | 0.00% |
| Essel Media Ventures Private Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| Life Insurance Corporation of India | 3.56% |
| Government Pension Fund Global | 2.42% |
| HDFC Fund | 1.54% |
| Vanguard Total International Stock Index Fund | 1.41% |
| Vanguard Emerging Markets Stock Index Fund, A Series Of Vanguard International Equity Index Funds | 1.35% |
| Bandhan Large and Midcap Fund | 1.19% |
6,20,103 shareholders. Pledged: 5.38% of promoter shares.
Peers in TV Broadcasting & Software Production
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SUNTV | ₹22,545 cr | 14.7x | 1.8x | 12.6% | 16.6% | 50.1% | +4.7% | 2.18% |
| ZEEL | ₹6,173 cr | 30.3x | 0.5x | 1.8% | 1.7% | 3.1% | +0.1% | 3.78% |
| HATHWAY | ₹1,591 cr | 23.7x | 0.3x | 1.5% | 2.1% | 13.0% | +5.0% | – |
| DEN | ₹1,174 cr | 7.8x | 0.3x | 4.0% | 5.0% | 5.3% | -4.8% | – |
| TVTODAY | ₹601 cr | 34.9x | 0.7x | 1.9% | 2.8% | 2.4% | -2.7% | 2.98% |
| GTPL | ₹600 cr | – | 0.5x | -0.2% | 2.8% | 10.1% | +11.8% | 3.75% |
| NDTV | ₹509 cr | – | 4.0x | -357.1% | -96.5% | -51.3% | +11.0% | – |
| ZEEMEDIA | ₹438 cr | – | 2.0x | -0.6% | 5.2% | 12.7% | +1.8% | – |
| DISHTV | ₹365 cr | – | – | – | – | -30.2% | -19.9% | – |
| AQYLON | ₹352 cr | 29.9x | – | – | – | 72.8% | – | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-10 | Dividend | Dividend - Rs 2 Per Share |
| 2025-08-29 | Dividend | Dividend - Rs 2.43 Per Share |
| 2024-11-08 | Dividend | Dividend - Re 1 Per Share |
| 2022-09-15 | Dividend | Annual General Meeting/Dividend - Rs 3 Per Share |
| 2021-09-02 | Dividend | Annual General Meeting/Dividend - Rs 2.50 Per Share |
| 2020-09-10 | Dividend | Annual General Meeting/Dividend - Rs 0.30 Per Share |
| 2019-07-15 | Dividend | Annual General Meeting/ Dividend - Rs 3.50 Per Share |
| 2018-07-09 | Dividend | Annual General Meeting / Dividend- Rs 2.90 Per Share |
| 2017-07-05 | Dividend | Annual General Meeting/Dividend - Rs 2.50 Per Share |
| 2016-07-21 | Dividend | Annual General Meeting/ Dividend -Rs 2.25/- Per Share |
| 2015-07-09 | Dividend | Annual General Meeting / Dividend - Rs 2.25/- Per Share |
| 2014-07-10 | Dividend | Annual General Meeting / Dividend - Rs 2/- Per Share |
| 2014-03-03 | Bonus | Bonus Preference Shares 21:1 |
| 2013-07-11 | Dividend | Annual General Meeting And Dividend Rs.2/- Per Share |
| 2012-07-05 | Dividend | Annual General Meeting And Dividend - Re.1.50 Per Share |
| 2011-07-28 | Dividend | Annual General Meeting And Dividend Rs.2/- Per Share |
| 2010-11-11 | Bonus | Bonus 1:1 |
| 2010-10-07 | Dividend | Annual General Meeting / Dividend Rs.2/- Per Share / Scheme Of Arrangement |
| 2010-04-29 | Other | Spl Int Div-Rs.2/- Pr Shr |
| 2009-08-06 | Other | Agm/Div-Rs.2/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Content and Broadcasting: The Company is mainly in the following businesses: A) Broadcasting of Satellite Television Channels and digital media; B) Space Selling agent for other satellite television channels; C) Sale of Media Content i.e. programs/ film rights/ feeds/ music rights; D) Movie production and distribution.
| Sector | Consumer Discretionary |
| Industry | TV Broadcasting & Software Production |
| Sub-industry | TV Broadcasting & Software Production |
| Symbol | ZEEL |
| BSE code | 505537 |
| ISIN | INE256A01028 |
| Face value | ₹1.0 |
| Incorporated | 1982-11-25 |
| Website | www.zee.com |
| Plants (India / abroad) | 1 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.