Asia300

Zee Entertainment Enterprises Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Jun 21, 2017
Prev close: 504.35
Jun 21, 2017
Market cap:
Market cap(USD):
484,402.28M
7,509.07M
Shares: 960.44M

Currency in INR

Company profile

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

Business summary

Zee Entertainment Enterprises Ltd. engages 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 64,341.3M
Gross profit 29,320.8M
Operating income 18,116.3M
Income before tax 29,014.1M
Net income 22,216.6M
EBITDA 19,268.6M
Diluted EPS 23.13
Dividends per share 2.5
Total assets 100,367.6M
Total liabilities 33,789.8M
Total equity 66,568.2M
Operating cash flow --

Currency in INR

Revenue 959.50M
Gross profit 437.25M
Operating income 270.16M
Income before tax 432.67M
Net income 331.30M
EBITDA 287.34M
Diluted EPS 0.34
Dividends per share 0.03
Total assets 1,545.66M
Total liabilities 520.36M
Total equity 1,025.15M
Operating cash flow --

Currency in USD

Valuation measures

Mar 2017

PER 23.11
ROA 24.77%
ROE 34.47%
Operating margin 28.15%
Profit margin 34.52%

Key executive

  • Chief Executive Officer, Executive Director & MD: Punit Subhash C. Goenka
  • Head-Operations: Sachin Rumde
  • Chief Financial & Strategy Officer: Mihir Modi
  • Head-Information Technology: Shekhar Kadav
  • Chief Technology Officer: Rajneesh Mittal

Share holders

  • Essel Group Corp.(25.1%)
  • CHANDRA SUBHASH N(13.1%)
  • OppenheimerFunds, Inc.(9.4%)
  • Essel Holdings Ltd.(4.8%)
  • BlackRock Fund Advisors(1.7%)
  • Schroder Investment Management Ltd.(1.6%)
  • Singapore InvestCorp (India) Pvt Ltd.(1.4%)
  • The Vanguard Group, Inc.(1.3%)
  • Schroder Investment Management (Hong Kong) Ltd.(1.0%)
  • Birla Sun Life Asset Management Co. Ltd.(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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