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Consumer Services

Zee Entertainment Enterprises Ltd.

  • 591.40 INR
  • -0.35
  • -0.06%
  • India
    Apr 19, 2018
  • Ticker
    BOM(505537)
  • Prev. close
    591.75
  • Market cap (INR)
    568,348.43M
  • Market cap (USD)
    8,644.41M
  • Shares
    960.45M

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 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 2017 INRUSD
Revenue64,342M959.51M
Gross Profit29,155M434.77M
Operating income18,596M277.31M
Income before tax29,014M432.67M
Net income22,217M331.31M
EBITDA19,722M294.10M
Diluted EPS23.130.34
Dividends Per Share2.500.03
Total Assets100,422M1,546.50M
Total liabilities33,845M521.21M
Total equity66,567M1,025.13M
Operating cash flow7,691M114.69M
Currency in INRCurrency in USD

Historical Data

 Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Revenue 36,833M 43,699M 48,462M 58,125M 64,342M
Gross Profit 15,389M 18,430M 21,687M 26,217M 29,155M
Operating income 9,173M 11,132M 11,786M 14,790M 18,596M
Income before tax 10,519M 13,191M 14,040M 13,709M 29,014M
Net income 7,196M 8,921M 9,775M 8,232M 22,217M
EBITDA 9,572M 11,633M 12,459M 15,548M 19,722M
Diluted EPS 7.51 9.19 8.66 8.57 23.13
Dividends Per Share 2 2 2.25 2.25 2.50
Total Assets 50,741M 60,509M 70,180M 79,659M 100,422M
Total liabilities 11,593M 13,071M 14,678M 31,598M 33,845M
Total equity 39,115M 47,377M 55,498M 48,039M 66,567M
Operating cash flow 4,726M 4,938M 7,935M 8,277M 7,691M
 Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Revenue 676.76M 723.08M 792.59M 887.79M 959.51M
Gross Profit 282.75M 304.95M 354.69M 400.43M 434.77M
Operating income 168.54M 184.20M 192.75M 225.90M 277.31M
Income before tax 193.27M 218.27M 229.62M 209.39M 432.67M
Net income 132.21M 147.61M 159.86M 125.73M 331.31M
EBITDA 175.87M 192.49M 203.76M 237.47M 294.10M
Diluted EPS 0.13 0.15 0.14 0.13 0.34
Dividends Per Share 0.03 0.03 0.03 0.03 0.03
Total Assets 933.59M 1,013.16M 1,121.42M 1,202.89M 1,546.50M
Total liabilities 213.30M 218.86M 234.54M 477.14M 521.21M
Total equity 719.68M 793.28M 886.81M 725.41M 1,025.13M
Operating cash flow 86.83M 81.70M 129.77M 126.42M 114.69M

Valuation Measures

Mar 2017
PER23.11
ROA24.67%
ROE38.77%
Operating margin28.90%
Profit margin34.52%

Key executives

  • 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

Shareholders

  • Essel Group Corp. (25.1%)
  • CHANDRA SUBHASH N (13.1%)
  • OppenheimerFunds, Inc. (8.5%)
  • Life Insurance Corp. of India (3.8%)
  • Essel Holdings Ltd. (3.3%)
  • Vontobel Asset Management, Inc. (2.0%)
  • Schroder Investment Management Ltd. (1.9%)
  • The Vanguard Group, Inc. (1.9%)
  • BlackRock Fund Advisors (1.7%)
  • ICICI Prudential Asset Management Co. Ltd. (1.6%)

Contact Details

  • Website:http://www.zeetelevision.com
  • Address: A-Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel, 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.
  • Asia TV Ltd.
  • Zee TV USA, Inc.
  • TEN Sports
  • Taj Television (India) Pvt Ltd.
  • Asia Today Ltd.
  • Venus Records & Tapes Pvt Ltd.
  • Venus Films Pvt Ltd.
  • Siticable Network Ltd.
  • ETC Networks Ltd.

Competitors

  • Network18 Media & Investments Ltd.
  • Twenty-First Century Fox, Inc. Class A
  • Viacom Inc. Class B
  • Amazon.com, Inc.
  • Netflix, Inc.
  • TV18 Broadcast Limited
  • Eros International Media Limited
Last Updated on 19 Apr, 2018

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