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Consumer Services

Zee Entertainment Enterprises Ltd.

  • 502.00 INR
  • -2.35
  • -0.47%
  • India
    Aug 17, 2018
  • Ticker
    BOM(505537)
  • Prev. close
    504.35
  • Market cap (INR)
    484,410M
  • Market cap (USD)
    6,890.97M
  • Shares
    960.46M

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.

Business Summary

Zee Entertainment Enterprises Ltd. is engaged in the business of broadcasting of national and regional general entertainment television Channels. It operates through the India and Rest of the World geographical segment. 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.

Financial Highlights

Mar 2018 INRUSD
Revenue66,857M1,037.08M
Gross Profit32,798M508.76M
Operating income19,140M296.90M
Income before tax23,187M359.67M
Net income14,791M229.43M
EBITDA20,955M325.05M
Diluted EPS15.400.23
Dividends Per Share2.900.04
Total Assets111,297M1,706.44M
Total liabilities35,538M544.88M
Total equity75,617M1,159.38M
Operating cash flow6,651M103.17M
Currency in INRCurrency in USD

Historical Data

 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 43,699M 48,462M 58,125M 64,342M 66,857M
Gross Profit 18,430M 21,687M 26,217M 29,174M 32,798M
Operating income 11,132M 11,786M 14,790M 18,596M 19,140M
Income before tax 13,191M 14,040M 13,709M 29,009M 23,187M
Net income 8,921M 9,775M 8,232M 22,213M 14,791M
EBITDA 11,633M 12,459M 15,548M 19,722M 20,955M
Diluted EPS 9.19 8.66 8.57 23.13 15.40
Dividends Per Share 2 2.25 2.25 2.50 2.90
Total Assets 60,509M 70,180M 79,659M 102,647M 111,297M
Total liabilities 13,071M 14,678M 31,598M 35,733M 35,538M
Total equity 47,377M 55,498M 48,039M 66,904M 75,617M
Operating cash flow 4,938M 7,935M 8,277M 8,407M 6,651M
 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 723.08M 792.59M 887.79M 959.51M 1,037.08M
Gross Profit 304.95M 354.69M 400.43M 435.06M 508.76M
Operating income 184.20M 192.75M 225.90M 277.31M 296.90M
Income before tax 218.27M 229.62M 209.39M 432.60M 359.67M
Net income 147.61M 159.86M 125.73M 331.25M 229.43M
EBITDA 192.49M 203.76M 237.47M 294.10M 325.05M
Diluted EPS 0.15 0.14 0.13 0.34 0.23
Dividends Per Share 0.03 0.03 0.03 0.03 0.04
Total Assets 1,013.16M 1,121.42M 1,202.89M 1,580.76M 1,706.44M
Total liabilities 218.86M 234.54M 477.14M 550.28M 544.88M
Total equity 793.28M 886.81M 725.41M 1,030.32M 1,159.38M
Operating cash flow 81.70M 129.77M 126.42M 125.37M 103.17M

Valuation Measures

Mar 2018
PER37.42
ROA13.82%
ROE20.75%
Operating margin28.62%
Profit margin22.12%

Key executives

  • Chief Executive Officer, Executive Director & MD: Punit Subhash C. Goenka
  • President-Strategy & Operations: Atul Das
  • Chief Technology Officer: Rajneesh Mittal
  • Secretary & Chief Compliance Officer: M. Lakshminarayanan
  • Head-Administration: Ram Haribhau Kumbhare

Shareholders

  • Essel Group Corp. (25.1%)
  • CHANDRA SUBHASH N (12.5%)
  • OppenheimerFunds, Inc. (7.4%)
  • Life Insurance Corp. of India (4.8%)
  • Essel Corporate LLP (3.3%)
  • Vontobel Asset Management, Inc. (2.9%)
  • Schroder Investment Management Ltd. (2.4%)
  • The Vanguard Group, Inc. (1.9%)
  • ICICI Prudential Asset Management Co. Ltd. (1.8%)
  • BlackRock Fund Advisors (1.4%)

Contact Details

Related Companies

  • Margo Networks Pvt Ltd.
  • Shamal media services llc
  • Fly By Wire International Private Ltd.
  • Asia TV USA Ltd.
  • Zing Networks Ltd.
  • INX Media Pvt Ltd. /Entertainment Channel Ops/
  • Taj TV Ltd.
  • Zee TV USA, Inc.
  • TEN Sports
  • Taj Television (India) Pvt Ltd.
  • Asia Today Ltd.
  • Venus Worldwide Entertainment Pvt Ltd.
  • Venus Films Pvt Ltd.
  • Siticable Network Ltd.
  • ETC Networks Ltd.

Competitors

  • Twenty-First Century Fox, Inc. Class A
  • Viacom Inc. Class B
  • Sony Corporation
  • Sun Tv Network Limited
  • Amazon.com, Inc.
  • Alphabet Inc. Class A
  • Netflix, Inc.
  • Facebook, Inc. Class A
  • Eros International Media Limited
  • Network18 Media & Investments Ltd.
  • TV18 Broadcast Limited
Last Updated on 17 Aug, 2018

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