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Consumer Services
Zee Entertainment Enterprises Ltd.
- 502.00 INR
- -2.35
- -0.47%
India
Aug 17, 2018Ticker
BOM(505537)Prev. close
504.35Market cap (INR)
484,410MMarket cap (USD)
6,890.97MShares
960.46M
In the news
- India stocks post weekly gains as banks advance May 11, 2018
- India stocks decline as investors await Karnataka state elections May 10, 2018
- India shares eke out marginal gains as software exporters advance May 9, 2018
- Indian mobile carriers snap up content to woo subscribers Mar 1, 2018
- Indian mobile carriers rush to bolster video content Feb 23, 2018 See more articles on Zee Entertainment Enterprises Ltd.
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 | INR | USD |
| Revenue | 66,857M | 1,037.08M |
| Gross Profit | 32,798M | 508.76M |
| Operating income | 19,140M | 296.90M |
| Income before tax | 23,187M | 359.67M |
| Net income | 14,791M | 229.43M |
| EBITDA | 20,955M | 325.05M |
| Diluted EPS | 15.40 | 0.23 |
| Dividends Per Share | 2.90 | 0.04 |
| Total Assets | 111,297M | 1,706.44M |
| Total liabilities | 35,538M | 544.88M |
| Total equity | 75,617M | 1,159.38M |
| Operating cash flow | 6,651M | 103.17M |
| Currency in INR | Currency in USD |
Historical Data
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 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 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 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 | |
| PER | 37.42 |
| ROA | 13.82% |
| ROE | 20.75% |
| Operating margin | 28.62% |
| Profit margin | 22.12% |
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
- Website:http://www.zeetelevision.com
- Address: 18th Floor, A - Wing, Marathon Futurex, Mumbai, 400013, India
- Phone: +91.22.71061234
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
Copyright © 2018 FactSet Research Systems Inc. All rights reserved.
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