Zee Entertainment Enterprises Ltd.

BSE: ZEEL505537ISIN INE256A01028

Consumer Discretionary
TV Broadcasting & Software Production

Share price

₹67.91+6.29 (+10.21%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹118.40
52W low: ₹60.63
Off 52W high: -42.64%
1M return: -7.54%
3M return: -28.10%
6M return: -28.16%
1Y return: -33.39%
20D avg volume: 8,09,413
50 DMA: ₹78.47
200 DMA: ₹89.17

Key ratios Consolidated

Market cap: ₹6,523 Cr
Current price: ₹67.91
52W high / low: ₹118.40 / ₹60.63
Face value: ₹1.00
P/E: 38.15
P/B: 0.53
EPS (TTM): ₹1.78
Book value / share: ₹129.09
ROE: —
ROCE: 2.60%
Operating margin: —
Net margin: —
Debt / equity: 0.02
Net debt: ₹-620.10 Cr
Interest cover: 7.10
Dividend yield: 2.95%
Dividend / share (TTM): ₹2.00
Payout: 112.36%
Cash conversion cycle: 305.1 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	2,225	1,907	2,025	2,280	1,969	1,825	2,184	1,979	2,001	2,131	2,170	2,046
	22.60	31.20	76.30	18.40	26.40	25.00	36.20	34.50	33.70	18.99	15.37	27.69
	2,247	1,938	2,101	2,298	1,996	1,850	2,220	2,013	2,034	2,150	2,185	2,073
	2,184	1,864	2,342	2,087	1,880	1,653	1,958	1,735	1,759	1,941	2,044	1,931
	0.00	0.00	1,505	0.00	0.00	0.00	0.00	996.80	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	197.70	212.60	192.00	216.10	214.20	220.10	230.00	243.30	227.50	225.81	255.15	244.17
	2.50	13.20	14.90	9.20	13.00	7.70	8.10	10.80	8.30	5.54	6.90	18.34
	42.80	43.50	47.30	53.70	57.10	59.10	63.90	65.80	73.20	75.61	77.20	76.14
	1,941	1,595	582.80	1,808	1,596	1,366	1,656	122.60	131.40	166.52	157.27	151.62
	63.10	74.10	-240.70	211.10	115.30	197.10	261.90	278.60	275.40	208.40	141.53	142.38
	0.00	0.00	0.00	-9.40	0.00	0.00	0.00	-80.90	10.90	-28.60	-27.63	-60.34
	63.10	74.10	-240.70	201.70	115.30	197.10	261.90	197.70	286.30	179.80	113.90	82.04
	17.50	-0.20	-137.00	46.90	38.90	53.50	73.40	34.20	76.90	54.23	101.79	28.80
	45.60	74.30	-103.70	154.80	76.50	143.70	188.40	163.60	209.40	118.10	13.35	58.54
	0.50	0.79	-1.08	1.62	0.79	1.50	1.96	1.70	2.18	1.31	0.12	0.56
Key metrics
	108.40	130.80	-178.50	264.60	185.40	263.90	333.90	274.30	367.80	260.95	198.00	176.52
	4.90%	6.90%	-8.80%	11.60%	9.40%	14.50%	15.30%	13.90%	18.40%	12.20%	9.10%	8.60%
	2.00%	3.90%	-5.10%	6.80%	3.90%	7.90%	8.60%	8.30%	10.50%	5.50%	0.60%	2.90%
	0.50%	—	-1.90%	—	1.10%	—	2.30%	—	—	—	—	—
	13.00%	4.50%	-7.30%	15.20%	-1.60%	-14.30%	0.70%	-3.30%	—	—	—	—
	-40.40%	-48.30%	-155.00%	-5.40%	-63.50%	21.70%	1,311.20%	179.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	8,437	8,099	8,294	8,637	8,088	8,189
	148.50	146.10	123.40	129.30	79.72	121.33
	8,585	8,245	8,418	8,766	8,168	8,311
	8,478	7,962	7,393	8,107	7,364	6,762
	1,505	4,859	0.00	—	—	—
	0.00	0.00	0.00	—	—	—
	818.40	842.40	926.60	1,019	823.79	864.14
	39.80	44.80	32.70	72.07	70.24	45.13
	187.30	217.20	278.50	309.09	312.75	245.85
	5,927	1,998	6,155	604.24	639.02	693.92
	107.60	282.80	1,024	659.10	803.65	1,549
	-9.40	-9.40	-98.60	-278.36	-335.48	-133.30
	98.20	273.40	925.70	380.74	468.17	1,415
	-72.80	2.30	238.70	181.82	216.69	459.74
	171.00	271.30	679.50	141.43	47.79	955.77
	1.83	2.82	7.16	2.07	2.62	10.04
Key metrics
	325.30	535.40	1,237	761.90	851.16	1,706
	3.86%	6.60%	14.90%	8.80%	10.50%	20.80%
	2.03%	3.30%	8.20%	1.60%	0.60%	11.70%
	—	2.60%	8.00%	—	—	—
	6.03%	-2.40%	-4.00%	6.80%	-1.20%	—
	-70.12%	-60.10%	380.40%	195.90%	-95.00%	—
	—	571.90	1,101	—	—	—
	—	2.61	1.75	—	—	—
	—	0.02	0.01	—	—	—
	—	-620.10	-560.30	—	—	—
	—	305.1	365.5	—	—	—
Balance sheet
	—	14,216	13,734	—	—	—
	—	12,016	11,818	—	—	—
	—	797.80	720.40	—	—	—
	—	1,724	1,532	—	—	—
	—	6,512	6,775	—	—	—
	—	550.70	763.60	—	—	—
	—	497.10	550.60	—	—	—
	—	1,467	0.00	—	—	—
	—	2,149	1,800	—	—	—
	—	177.70	160.10	—	—	—
	—	1.60	2.10	—	—	—
	—	176.10	158.00	—	—	—
	—	11,728	11,533	—	—	—
Cash flow
	—	708.10	1,186	—	—	—
	—	-299.10	-1,604	—	—	—
	—	-339.40	22.80	—	—	—
	—	136.20	84.80	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	2,064	1,781	1,887	2,149	1,848	1,684	2,004	1,836	1,871	2,001	2,029	1,914
	208.90	22.10	24.20	12.10	21.40	18.70	30.60	25.70	120.20	15.28	13.49	17.05
	2,273	1,803	1,911	2,161	1,869	1,703	2,035	1,862	1,991	2,016	2,043	1,931
	2,055	1,735	2,239	1,998	1,760	1,548	1,832	1,624	1,620	1,816	1,890	1,760
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	970.80	1,046	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	160.70	177.40	156.30	183.80	181.00	188.30	193.70	205.50	192.10	196.73	229.85	204.04
	2.20	12.90	13.60	8.30	12.90	7.20	7.30	10.70	6.50	5.05	6.13	18.05
	35.50	36.20	37.50	44.60	47.00	49.20	50.80	52.60	55.50	55.33	56.26	56.21
	1,857	1,509	2,032	1,762	1,520	1,303	1,581	110.70	100.80	143.96	134.29	117.49
	217.50	67.70	-328.20	162.30	108.80	154.70	202.40	238.50	371.70	199.49	153.04	171.55
	0.00	0.00	0.00	-9.40	0.00	0.00	—	-80.90	10.90	-36.10	-27.63	-60.34
	217.50	67.70	-328.20	152.90	108.80	154.70	202.40	157.60	382.60	163.39	125.41	111.21
	7.70	20.40	-147.30	41.30	30.50	43.20	46.90	31.60	75.30	50.87	41.23	34.90
	209.80	47.30	-180.90	111.60	78.30	111.50	155.50	126.00	307.30	112.52	84.18	76.31
	2.18	0.49	-1.88	1.16	0.82	1.16	1.62	1.31	3.20	1.17	0.88	0.79
Key metrics
	255.20	116.80	-277.10	205.80	168.70	211.10	260.50	220.90	444.60	223.77	187.80	185.47
	12.40%	6.60%	-14.70%	9.60%	9.10%	12.50%	13.00%	12.00%	23.80%	11.20%	9.30%	9.70%
	10.20%	2.70%	-9.60%	5.20%	4.20%	6.60%	7.80%	6.90%	16.40%	5.60%	4.10%	4.00%
	1.90%	—	-2.90%	—	1.10%	—	1.90%	—	—	—	—	—
	11.70%	5.80%	-5.90%	17.00%	-1.20%	-15.80%	-1.20%	-4.10%	—	—	—	—
	167.90%	-57.60%	-216.30%	-11.40%	-74.50%	-0.90%	84.70%	65.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	7,880	7,567	7,712	8,075	7,422	7,511
	267.30	76.40	191.80	112.32	273.20	119.34
	8,147	7,643	7,904	8,187	7,695	7,630
	8,028	7,546	6,892	7,443	6,675	5,716
	0.00	0.00	0.00	—	—	—
	0.00	0.00	0.00	—	—	—
	678.20	709.40	788.00	879.45	675.28	691.00
	37.00	42.00	29.60	69.13	67.57	40.41
	153.80	178.30	214.20	222.68	191.73	110.64
	7,159	6,616	5,860	482.67	498.60	508.10
	119.30	97.60	1,012	744.34	1,020	1,914
	-9.40	-9.40	-106.10	-312.87	-666.86	-127.10
	109.90	88.20	906.00	431.47	352.98	1,787
	-77.90	-32.30	204.70	129.89	189.10	448.19
	187.80	120.50	701.30	301.58	163.88	1,339
	1.95	1.25	7.30	3.14	1.71	13.94
Key metrics
	300.70	308.50	1,150	723.28	612.28	1,938
	3.82%	4.10%	14.90%	9.00%	8.20%	25.80%
	2.38%	1.60%	9.10%	3.70%	2.20%	17.80%
	—	1.20%	8.50%	—	—	—
	6.89%	-1.90%	-4.50%	8.80%	-1.20%	—
	-60.15%	-82.80%	132.50%	84.00%	-87.80%	—
	—	362.80	869.60	—	—	—
	—	3.87	1.34	—	—	—
	—	0.02	0.02	—	—	—
	—	-407.80	-268.00	—	—	—
	—	277.3	313.7	—	—	—
Balance sheet
	—	12,901	12,732	—	—	—
	—	10,007	10,661	—	—	—
	—	585.50	428.10	—	—	—
	—	1,470	1,392	—	—	—
	—	5,725	6,412	—	—	—
	—	490.80	669.40	—	—	—
	—	343.00	385.60	—	—	—
	—	1,446	1,177	—	—	—
	—	2,020	1,697	—	—	—
	—	177.70	160.10	—	—	—
	—	1.60	2.10	—	—	—
	—	176.10	158.00	—	—	—
	—	10,563	10,658	—	—	—
Cash flow
	—	466.10	936.40	—	—	—
	—	21.90	-1,343	—	—	—
	—	-330.60	38.50	—	—	—
	—	103.30	66.80	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +0.65%
Sales CAGR 5Y: —
Profit CAGR 3Y: -9.74%
Profit CAGR 5Y: —
Sales YoY (TTM): +6.89%
Profit YoY (TTM): -60.15%

Consolidated

Sales CAGR 3Y: +0.05%
Sales CAGR 5Y: —
Profit CAGR 3Y: +78.39%
Profit CAGR 5Y: —
Sales YoY (TTM): +6.03%
Profit YoY (TTM): -70.12%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 3.99%

Quarter	September 2026	June 2026
Promoter %	3.99%	3.99%

Holder	Type	Holding	Previous	Change
Life Insurance Corporation of India	Public	3.56%	—	—
Essel Media Ventures Limited	Promoter	3.45%	3.45%	0.00%
Government Pension Fund Global	Public	2.42%	3.01%	-0.59%
HDFC Fund	Public	1.54%	—	—
Vanguard Total International Stock Index Fund	Public	1.41%	1.41%	0.00%
Vanguard Emerging Markets Stock Index Fund, A Series Of Vanguard International Equity Index Funds	Public	1.35%	1.32%	+0.03%
Bandhan Large and Midcap Fund	Public	1.19%	—	—
Cyquator Media Services Private Limited	Promoter	0.20%	0.20%	0.00%
Essel Holdings Ltd	Promoter	0.18%	0.18%	0.00%
Essel International Limited	Promoter	0.14%	0.14%	0.00%
Essel Corporate Llp	Promoter Group	0.02%	0.02%	0.00%
Navi Global (Mauritius) Ltd. (formerly known as AG Technology Holding Mauritius Limited) - Amit Goenka - 100%	Promoter Group	0.00%	0.00%	0.00%
Sprit Infrapower & Multiventures Private Limited	Promoter Group	0.00%	0.00%	0.00%
Essel Media Corporation Limited - UK	Promoter Group	0.00%	0.00%	0.00%
Micro Capital Limited	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
SUN TV NETWORK LIMITED	23,692	601.20	15.38	15.60%	-4.94% TTM	-4.85% TTM	+7.19%
Zee Entertainment Enterprises Ltd.	6,523	67.91	38.15	2.60%	+6.03% TTM	-70.12% TTM	-33.39%
Hathway Cable & Datacom Limited	1,648	9.31	24.35	2.40%	+5.91% TTM	-30.74% TTM	-31.74%
DEN Networks Limited	1,216	25.48	8.21	5.40%	-2.48% TTM	-22.26% TTM	-23.58%
New Delhi Television Limited	736	65.24	-2.27	-74.50%	+11.30% TTM	-23.85% TTM	-28.87%
GTPL Hathway Limited	615	54.69	-135.54	3.30%	+10.27% TTM	-112.81% TTM	-48.82%
T.V.Today Network Limited	610	102.23	22.68	3.50%	-5.08% TTM	+32.79% TTM	-30.05%
Zee Media Corporation Limited	467	7.12	-331.44	4.40%	+22.18% TTM	+98.80% TTM	-28.87%
Dish TV India Limited	361	1.96	-0.36	13.30%	-23.76% TTM	-72.08% TTM	-56.35%
Aqylon Nexus Limited	328	12.94	—	244.40%	+31.43% TTM	-52.37% TTM	-83.13%
B.A.G. Films & Media Ltd	88	4.03	13.80	5.50%	+13.13% TTM	-40.24% TTM	-41.59%
Siti Networks Limited	43	0.49	—	10.30%	-3.31% TTM	-24.93% TTM	0.00%
Raj Television Network Ltd S	39	7.47	—	2.80%	-41.48% TTM	+85.22% TTM	-82.04%
CRYSTAL BUSINESS SYSTEM LIMITED S	18	1.79	-179.00	2.70%	-49.47% TTM	-160.00% TTM	-15.17%
COLORCHIPS NEW MEDIA LIMITED S	17	10.24	-10.45	-9.10%	-49.09% TTM	-20.29% TTM	-30.20%
Perfect-Octave Media Projects Ltd S	11	3.04	—	9.80%	—	—	-37.83%
TV VISION LIMITED	10	2.66	-0.31	19.20%	-82.53% TTM	-32.09% TTM	-57.58%
Hathway Bhawani Cabletel & Datacom	9	10.55	-65.73	-1.70%	-11.28% TTM	-181.25% TTM	-29.99%
Ortel Communications Limited	7	2.24	—	—	-7.55% TTM	-20.26% TTM	+1.82%
SEA TV Network Limited	4	3.04	-32.05	-9.10%	-7.84% TTM	+81.97% TTM	-40.39%

Filings & corporate actions

Recent announcements

Monitoring Agency Report for the quarter ended September 30, 20263 Nov 2026 · Company Update / General
Newspaper publication31 Oct 2026 · Company Update / General
Audio recording of conference call for the quarter and half year ended September 30, 202630 Oct 2026 · Company Update / Analyst / Investor Meet
Disclosure under Reg 30(5) of the SEBI (LODR) Regulation, 201530 Oct 2026 · Company Update / General
Disclosure under Reg 30 of SEBI (LODR) Regulation, 2015 - appointment of Chief Compliance Officer and Company Secretary30 Oct 2026 · Company Update / Change in Management
Earning release30 Oct 2026 · Company Update / Investor Presentation
Unaudited Standalone and Consolidated Financials Results for the quarter and half year ended 30th September, 202630 Oct 2026 · Result / Financial Results
Outcome of the Board Meeting held on October 30, 202630 Oct 2026 · Board Meeting / Outcome of Board Meeting
Conference Call for the Quarter and Half year ended September 30, 202627 Oct 2026 · Company Update / Analyst / Investor Meet
Zee Entertainment Enterprises Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/10/2026 ,inter alia, to consider and approve The Unaudited ....27 Oct 2026 · Board Meeting / Board Meeting
Disclosure under Reg 30 of the SEBI (LODR) Regulations, 2015, as amended- Appointment of Senior Management Personnel21 Oct 2026 · Company Update / General
Certificate Under Reg 74(5) of the SEBI (DP) Regulations, 2018 for the quarter ended September, 202614 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Disclosure under Regulation 30 of the SEBI(LODR) Regulations, 20256 Oct 2026 · Company Update / General
Closure of trading window28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Consolidated Report of the Scrutinizer dated September 17, 202617 Sep 2026 · AGM/EGM / AGM
Intimation under Regulation 30 and 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('SEBI Listing Regulations') ....17 Sep 2026 · AGM/EGM / AGM
Clarification on the news item7 Sep 2026 · Company Update / General
The Exchange has sought clarification from Zee Entertainment Enterprises Ltd on September 07, 2026, with reference to news appeared in https://www.businesstoday.in/ dated September 07, ....7 Sep 2026 · Company Update / Clarification
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sunbright Mauritius Investments Ltd1 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
General update31 Aug 2026 · Company Update / General
Submission of Certificate obtained from Statutory Auditors in terms of Regulation 196(5) of the SEBI(ICDR) Regulations, 201831 Aug 2026 · Company Update / General
Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015- Allotment of fully Convertible Warrants on a preferential basis27 Aug 2026 · Company Update / General
Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015, as amended27 Aug 2026 · Company Update / General
Newspaper Publication26 Aug 2026 · Company Update / Newspaper Publication
Annual Report for the financial year ended March 31, 202626 Aug 2026 · Others / Reg. 34 (1) Annual Report
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sunbright Mauritius Investments Ltd26 Aug 2026 · Insider Trading / SAST / Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
Business Responsibility and Sustainability Reporting (BRSR) for the year ended March 31, 202625 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Regulation 34 (1) Integrated Annual Report F.Y. 2025-2625 Aug 2026 · Company Update / General
Annual General Meeting scheduled to be held on September 17, 202625 Aug 2026 · AGM/EGM / AGM
Submission of Certificate obtained from Statutory Auditors in terms of Regulation 169(5) of SEBI (ICDR) Regulation, 201824 Aug 2026 · Company Update / General
Newspaper Publication24 Aug 2026 · Company Update / Newspaper Publication
Intimation of Record Date for payment of final equity dividend for FY-2624 Aug 2026 · Corp. Action / Record Date
Disclosure under Regulation 30 of the SEBI (LODR) Regulation, 2015- Allotment of fully convertible Warrants on a preferential basis22 Aug 2026 · Company Update / General
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended - Appointment of Senior Management Personnel.17 Aug 2026 · Company Update / Change in Management
Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended14 Aug 2026 · Company Update / General
Transcript of Investor Call14 Aug 2026 · Company Update / Analyst / Investor Meet
Clarification on news item appearing in https://www.moneycontrol.com14 Aug 2026 · Company Update / General
The Exchange has sought clarification from Zee Entertainment Enterprises Ltd on August 14, 2026, with reference to news appeared in https://www.moneycontrol.com dated August 14, 2026 quoting ....14 Aug 2026 · Company Update / Clarification
Newspaper publication11 Aug 2026 · Company Update / Newspaper Publication
Audio recording of conference call for the quarter ended June 30, 202610 Aug 2026 · Company Update / Analyst / Investor Meet

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 2.0000	10 Sep 2026	10 Sep 2026	—
Final Dividend - Rs. - 2.4300	29 Aug 2025	29 Aug 2025	—
Final Dividend - Rs. - 1.0000	8 Nov 2024	8 Nov 2024	—

Board meetings

30 Oct 2026 Board Meeting - Financial Results
10 Aug 2026 Board Meeting - Financial Results