Asia300

Zee Entertainment Enterprises Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Jul 20, 2017
Prev close: 538.55
Jul 20, 2017
Market cap:
Market cap(USD):
517,249.62M
8,027.40M
Shares: 960.44M

Currency in INR

Company profile

Market(Ticker): BOM(505537)
Sector:
Industry:
Consumer Services
Movies/Entertainment
Full time employees: 2,239

Business summary

Zee Entertainment Enterprises Ltd. is engaged in the business of broadcasting of national and regional general entertainment television Channels. It offers hindi entertainment, hindi movies, english entertainment and movies, regional language entertainment, sports, alternate lifestyle, music, niche and special Interest channels. The company was founded on November 25, 1982 and is headquartered in Mumbai, India.

Company background

Zee Entertainment Enterprises (ZEEL) is a major Indian media company, with services including Hindi news and entertainment channels. The company says it distributes content to more than 160 countries and has over 700 million viewers worldwide.

Zee was founded by Subhash Chandra, who was originally involved in the trading and export business. He established Zee Telefilms in 1992 and started broadcasting India's first Hindi satellite channel; the company was renamed Zee Entertainment Enterprises as part of a restructuring in 2006.

A partnership with media tycoon Rupert Murdoch's News Corp -- prior to the U.S. company's own restructuring -- helped the company grow.

Recently, ZEEL has added more sports and kids channels. Promotor companies own nearly 40% of ZEEL.

In the news

Financial highlights

Mar 2017

  • Local currency
  • US Dollar
Revenue 64,342M
Gross profit 29,155M
Operating income 18,596M
Income before tax 29,014M
Net income 22,217M
EBITDA 19,722M
Diluted EPS 23.13
Dividends per share 2.5
Total assets 100,422M
Total liabilities 33,845M
Total equity 66,567M
Operating cash flow 7,691M

Currency in INR

Revenue 959.51M
Gross profit 434.77M
Operating income 277.31M
Income before tax 432.67M
Net income 331.31M
EBITDA 294.10M
Diluted EPS 0.34
Dividends per share 0.03
Total assets 1,546.50M
Total liabilities 521.21M
Total equity 1,025.13M
Operating cash flow 114.69M

Currency in USD

Valuation measures

Mar 2017

PER 23.11
ROA 24.67%
ROE 38.77%
Operating margin 28.90%
Profit margin 34.52%

Key executive

  • Chief Executive Officer, Executive Director & MD: Punit Subhash C. Goenka
  • President-Strategy & Operations: Atul Das
  • Chief Financial & Strategy Officer: Mihir Modi
  • Chief Technology Officer: Rajneesh Mittal
  • Secretary & Chief Compliance Officer: M. Lakshminarayanan

Share holders

  • Essel Group Corp.(25.1%)
  • CHANDRA SUBHASH N(13.1%)
  • OppenheimerFunds, Inc.(9.4%)
  • Essel Holdings Ltd.(4.8%)
  • BlackRock Fund Advisors(1.6%)
  • Schroder Investment Management Ltd.(1.6%)
  • Singapore InvestCorp (India) Pvt Ltd.(1.4%)
  • The Vanguard Group, Inc.(1.3%)
  • Birla Sun Life Asset Management Co. Ltd.(1.3%)
  • Morgan Stanley Investment Management, Inc.(1.0%)

Address

  • Website: http://www.zeetelevision.com
  • Address: A-Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel, Mumbai, 400013, India
  • Phone: +91.22.71061234

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