Asia300

Zee Entertainment Enterprises Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Mar 23, 2017
Prev close: 523.75
Mar 23, 2017
Market cap:
Market cap(USD):
503,035M
7,674.65M
Shares: 960.44M

Currency in INR

Company profile

Market(Ticker): BOM(505537)
Sector:
Industry:
Consumer Services
Movies/Entertainment
Full time employees: 2,284

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 2016

  • Local currency
  • US Dollar
Revenue 58,450M
Gross profit 26,143M
Operating income 14,361M
Income before tax 15,817M
Net income 10,267M
EBITDA 15,201M
Diluted EPS 9.17
Dividends per share 2.25
Total assets 78,961M
Total liabilities 16,561M
Total equity 62,315M
Operating cash flow 8,198M

Currency in INR

Revenue 892.76M
Gross profit 399.30M
Operating income 219.34M
Income before tax 241.58M
Net income 156.81M
EBITDA 232.17M
Diluted EPS 0.14
Dividends per share 0.03
Total assets 1,192.35M
Total liabilities 250.08M
Total equity 940.99M
Operating cash flow 125.21M

Currency in USD

Valuation measures

Mar 2016

PER 42.13
ROA 13.76%
ROE 17.42%
Operating margin 24.56%
Profit margin 17.56%

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.(9.5%)
  • Essel Holdings Ltd.(4.8%)
  • The Vanguard Group, Inc.(1.8%)
  • Schroder Investment Management Ltd.(1.6%)
  • BlackRock Fund Advisors(1.5%)
  • Singapore InvestCorp (India) Pvt Ltd.(1.4%)
  • Columbia Wanger Asset Management LLC(1.1%)
  • Schroder Investment Management (Hong Kong) 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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