Zee Entertainment Enterprises Ltd Share Price – NSE /  BSE

Entertainment, Small Cap

The broker highlighted ZEEL's attractive valuation, with the stock currently trading at a low price-to-earnings (PE) ratio of 8. The broker projects a potential 22-33% Ebitda/PAT CAGR over financial year 2026-2027, even with a conservative 6% year-over-year advertising growth assumption. According to the broker, advertising revenue-led growth will be a key driver for the stock's re-rating.

ZEEL, India's second-largest television network, is also actively expanding its over-the-top (OTT) platform, ZEE5. Further, Zee is now debt-free, holding Rs 1,700 crore in cash reserves. Based on these factors, the foreign broker suggests that Zee's stock has the potential to double within the next 12-24 months.

ZEEL is a media & entertainment company offering entertainment content to diverse audiences. It is present across broadcasting, movies, music, digital, live entertainment, and theatre businesses, both within India and overseas.

The company?s consolidated net profit zoomed 180% to Rs 163.60 crore while net sales declined 3.27% to Rs 1978.80 crore in Q3 FY25 over Q3 FY24.

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The Board of Zee Entertainment Enterprises at its meeting held on 23 January 2025 has approved the appointment of Divya Karani (DIN 01829747) as an Additional Director in the category of Independent Director of the Company for a period of 3 (three) years with effect from 23 January 2025.

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Net profit of Zee Entertainment Enterprises rose 179.66% to Rs 163.60 crore in the quarter ended December 2024 as against Rs 58.50 crore during the previous quarter ended December 2023. Sales declined 3.27% to Rs 1978.80 crore in the quarter ended December 2024 as against Rs 2045.70 crore during the previous quarter ended December 2023.

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The Board of Zee Entertainment Enterprises at its meeting held on 23 January 2025 has approved the appointment of Divya Karani (DIN 01829747) as an Additional Director in the category of Independent Director of the Company for a period of 3 (three) years with effect from 23 January 2025.

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Net profit of Zee Entertainment Enterprises rose 179.66% to Rs 163.60 crore in the quarter ended December 2024 as against Rs 58.50 crore during the previous quarter ended December 2023. Sales declined 3.27% to Rs 1978.80 crore in the quarter ended December 2024 as against Rs 2045.70 crore during the previous quarter ended December 2023.

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However, total income declined 2.89% to Rs 2,013.3 crore in Q3 FY25 as compared with Rs 2,073.4 recorded in Q3 FY24.

The company's revenue from advertising was at Rs 940.60 crore (down 8.44% YoY), revenue from subscription stood at Rs 982.50 crore (up 6.52% YoY), and revenue from other sales and services was at Rs 34.50 crore (up 24.54% YoY) during the period under review.

Profit before exceptional items and tax jumped 95.71% to Rs 278.70 crore in Q3 FY25 as against Rs 142.40 crore reported in same quarter last year. The company recorded an exceptional loss of Rs 80.90 crore during the quarter.

EBITDA stood at Rs 318.40 crore in the December 2024 quarter, registering a growth of 52.34% YoY. EBITDA margin improved to 16.1% in Q3 FY25 from 10.2% reported in the corresponding quarter previous year.

Total expenses slipped 10.17% to Rs 1,734.7 crore in Q3 FY25 from Rs 1,931.1 crore posted in Q3 FY24. Advertisement and publicity (A&P) expenses was at Rs 122.60 crore (down 19.18% YoY), and operational cost stood at Rs 996.80 crore (down 16.06% YoY) during the quarter.

The company said that the decline in operating cost YoY was driven by lower programming and technology costs, strong cost discipline across every element of the cost structure, and selectively investing for future growth.

The firm reported an increase in A&P and other expenses led by an increase in marketing towards new launches.

ZEEL is a media & entertainment company offering entertainment content to diverse audiences. It is present across broadcasting, movies, music, digital, live entertainment, and theatre businesses, both within India and overseas.

Powered by Capital Market - Live News

The broker highlighted ZEEL's attractive valuation, with the stock currently trading at a low price-to-earnings (PE) ratio of 8. The broker projects a potential 22-33% Ebitda/PAT CAGR over financial year 2026-2027, even with a conservative 6% year-over-year advertising growth assumption. According to the broker, advertising revenue-led growth will be a key driver for the stock's re-rating.

ZEEL, India's second-largest television network, is also actively expanding its over-the-top (OTT) platform, ZEE5. Further, Zee is now debt-free, holding Rs 1,700 crore in cash reserves. Based on these factors, the foreign broker suggests that Zee's stock has the potential to double within the next 12-24 months.

ZEEL is a media & entertainment company offering entertainment content to diverse audiences. It is present across broadcasting, movies, music, digital, live entertainment, and theatre businesses, both within India and overseas.

The company?s consolidated net profit zoomed 180% to Rs 163.60 crore while net sales declined 3.27% to Rs 1978.80 crore in Q3 FY25 over Q3 FY24.

Powered by Capital Market - Live News

The Board of Zee Entertainment Enterprises at its meeting held on 23 January 2025 has approved the appointment of Divya Karani (DIN 01829747) as an Additional Director in the category of Independent Director of the Company for a period of 3 (three) years with effect from 23 January 2025.

Powered by Capital Market - Live News

Net profit of Zee Entertainment Enterprises rose 179.66% to Rs 163.60 crore in the quarter ended December 2024 as against Rs 58.50 crore during the previous quarter ended December 2023. Sales declined 3.27% to Rs 1978.80 crore in the quarter ended December 2024 as against Rs 2045.70 crore during the previous quarter ended December 2023.

Powered by Capital Market - Live News

The Board of Zee Entertainment Enterprises at its meeting held on 23 January 2025 has approved the appointment of Divya Karani (DIN 01829747) as an Additional Director in the category of Independent Director of the Company for a period of 3 (three) years with effect from 23 January 2025.

Powered by Capital Market - Live News

Net profit of Zee Entertainment Enterprises rose 179.66% to Rs 163.60 crore in the quarter ended December 2024 as against Rs 58.50 crore during the previous quarter ended December 2023. Sales declined 3.27% to Rs 1978.80 crore in the quarter ended December 2024 as against Rs 2045.70 crore during the previous quarter ended December 2023.

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However, total income declined 2.89% to Rs 2,013.3 crore in Q3 FY25 as compared with Rs 2,073.4 recorded in Q3 FY24.

The company's revenue from advertising was at Rs 940.60 crore (down 8.44% YoY), revenue from subscription stood at Rs 982.50 crore (up 6.52% YoY), and revenue from other sales and services was at Rs 34.50 crore (up 24.54% YoY) during the period under review.

Profit before exceptional items and tax jumped 95.71% to Rs 278.70 crore in Q3 FY25 as against Rs 142.40 crore reported in same quarter last year. The company recorded an exceptional loss of Rs 80.90 crore during the quarter.

EBITDA stood at Rs 318.40 crore in the December 2024 quarter, registering a growth of 52.34% YoY. EBITDA margin improved to 16.1% in Q3 FY25 from 10.2% reported in the corresponding quarter previous year.

Total expenses slipped 10.17% to Rs 1,734.7 crore in Q3 FY25 from Rs 1,931.1 crore posted in Q3 FY24. Advertisement and publicity (A&P) expenses was at Rs 122.60 crore (down 19.18% YoY), and operational cost stood at Rs 996.80 crore (down 16.06% YoY) during the quarter.

The company said that the decline in operating cost YoY was driven by lower programming and technology costs, strong cost discipline across every element of the cost structure, and selectively investing for future growth.

The firm reported an increase in A&P and other expenses led by an increase in marketing towards new launches.

ZEEL is a media & entertainment company offering entertainment content to diverse audiences. It is present across broadcasting, movies, music, digital, live entertainment, and theatre businesses, both within India and overseas.

Powered by Capital Market - Live News