Zee Entertainment Enterprises Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Zee Entertainment Enterprises Ltd?

Zee Entertainment Enterprises Ltd is trading at 111.00 as of 14 June 2026, with a FY2026-2027 high of 152 and low of 68.0. The stock is currently in the middle of its 52-week range. Market cap stands at 10,705 Cr..

Q: Is Zee Entertainment Enterprises Ltd financially healthy?

Key indicators: ROCE of 2.75 % is on the lower side. Dividend yield is 2.18 %.

Q: Is Zee Entertainment Enterprises Ltd profitable and how is the profit trend?

Zee Entertainment Enterprises Ltd reported a net profit of 680 Cr in Mar 2025 on revenue of 8,294 Cr. Compared to 956 Cr in Mar 2022, the net profit shows a declining trend.

Fair Value

₹91.67Overvalued by 17.41%vs CMP ₹111.00

P/E (38.3) × ROE (2.4%) × BV (₹122.00) × DY (2.18%)

₹90.87Overvalued by 18.14%vs CMP ₹111.00

MoS: -22.2% (Negative)Confidence: 48/100 (Moderate)Models: 3 Under, 1 Fair, 5 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹82.37	23%	Over (-25.8%)
Graham Number	Earnings	₹127.05	16%	Under (+14.5%)
Earnings Power	Earnings	₹15.86	11%	Over (-85.7%)
DCF	Cash Flow	₹54.82	14%	Over (-50.6%)
Net Asset Value	Assets	₹121.63	7%	Fair (+9.6%)
EV/EBITDA	Enterprise	₹151.75	9%	Under (+36.7%)
Earnings Yield	Earnings	₹58.80	7%	Over (-47%)
ROCE Capital	Returns	₹145.00	7%	Under (+30.6%)
Revenue Multiple	Revenue	₹86.00	5%	Over (-22.5%)
Consensus (9 models)		₹90.87	100%	Overvalued

Key Drivers: ROE 2.4% is below cost of equity. | Wide model spread (₹16–₹152) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -10.1%

*Investments are subject to market risks

Analyst Summary

Zee Entertainment Enterprises Ltd operates in the Entertainment & Media segment, NSE: ZEEL | BSE: 505537, current market price is ₹111.00, market cap is 10,705 Cr.. At a glance, stock P/E is 38.3, ROE is 2.40 %, ROCE is 2.75 %, book value is 122, dividend yield is 2.18 %. The latest intrinsic value estimate is ₹90.87, around 18.1% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹8,294 Cr versus the prior period change of -4.0%, while latest net profit is about ₹680 Cr with a prior-period change of 382.3%. The 52-week range shown on this page is 152/68.0, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisZee Entertainment Enterprises Ltd. is a Public Limited Listed company incorporated on 25/11/1982 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Nu…

This summary is generated from the stock page data available for Zee Entertainment Enterprises Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Zee Entertainment Enterprises Ltd scores 47/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health58/100 · Moderate

ROCE 2.8% WeakROE 2.4% WeakD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money60/100 · Moderate

FII holding up 1.38% (6mo) AccumulatingDII holding down 3.89% MF sellingPromoter holding at 4.0% Stable

Earnings Quality30/100 · Weak

OPM contracting (18% → 13%) DecliningWorking capital: 335 days Capital intensive

Quarterly Momentum48/100 · Moderate

Revenue (4Q): 0% YoY FlatProfit (4Q): +12% YoY PositiveOPM: 11.0% (down 5.0% YoY) Margin pressure

Industry Rank40/100 · Moderate

P/E 38.3 vs industry 161.5 Cheaper than peersROCE 2.8% vs industry 11.2% Below peersROE 2.4% vs industry 18.2% Below peers3Y sales CAGR: 0% Slow

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily.

Share Price and Basic Stock Data

Last Updated: June 12, 2026, 7:49 am

Market Cap	10,705 Cr.
Current Price	111
Intrinsic Value	₹90.87
High / Low	152/68.0
Stock P/E	38.3
Book Value	122
Dividend Yield	2.18 %
ROCE	2.75 %
ROE	2.40 %
Face Value	1.00
PEG Ratio	-3.77

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Zee Entertainment Enterprises Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Zee Entertainment Enterprises Ltd	10,705 Cr.	111	152/68.0	38.3	122	2.18 %	2.75 %	2.40 %	1.00
Saregama India Ltd	8,721 Cr.	452	552/306	40.9	87.8	0.99 %	17.8 %	13.0 %	1.00
TV18 Broadcast Ltd	7,761 Cr.	45.3	/		99.9	0.00 %	0.12 %	0.45 %	2.00
Network 18 Media & Investments Ltd	4,583 Cr.	29.7	65.3/27.4	125	31.9	0.00 %	3.02 %	0.76 %	5.00
Prime Focus Ltd	17,683 Cr.	228	367/111	75.3	26.9	0.00 %	11.5 %	16.5 %	1.00
Industry Average	2,517.16 Cr	102.91		161.49	38.23	0.24%	11.17%	18.21%	6.15

All Competitor Stocks of Zee Entertainment Enterprises Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	2,109	2,112	1,984	2,438	2,046	2,170	2,130	2,001	1,979	2,184	1,825	1,969	2,280
Expenses	1,737	1,960	1,825	2,105	1,837	1,960	1,860	1,678	1,658	1,886	1,586	1,810	2,024
Operating Profit	372	152	159	333	209	210	270	323	321	298	239	159	256
OPM %	18%	7%	8%	14%	10%	10%	13%	16%	16%	14%	13%	8%	11%
Other Income	-187	-199	-113	-55	-27	-11	-17	45	-46	36	25	26	9
Interest	13	40	23	23	18	7	6	8	11	8	8	13	9
Depreciation	84	83	79	77	76	77	76	73	66	64	59	57	54
Profit before tax	88	-170	-57	177	87	115	172	286	198	262	197	115	202
Tax %	72%	15%	-6%	31%	33%	88%	31%	27%	17%	28%	27%	34%	23%
Net Profit	24	-196	-53	123	58	13	118	209	164	188	144	76	155
EPS in Rs	0.25	-2.04	-0.56	1.28	0.61	0.14	1.23	2.18	1.70	1.96	1.50	0.80	1.62

Last Updated: February 3, 2026, 1:46 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 11:46 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	4,422	4,884	5,812	6,434	6,686	7,934	8,130	7,730	8,186	8,088	8,637	8,294	8,258
Expenses	3,215	3,624	4,386	4,711	4,605	5,370	6,870	6,123	6,409	6,981	7,726	7,082	7,307
Operating Profit	1,207	1,260	1,427	1,723	2,081	2,564	1,260	1,606	1,777	1,107	911	1,212	951
OPM %	27%	26%	25%	27%	31%	32%	15%	21%	22%	14%	11%	15%	12%
Other Income	178	222	183	1,430	565	236	112	-29	-111	-459	-206	17	97
Interest	16	10	160	137	145	130	145	57	44	70	72	33	38
Depreciation	50	67	78	115	182	235	271	265	221	313	309	278	234
Profit before tax	1,319	1,404	1,373	2,901	2,319	2,434	956	1,256	1,400	264	323	918	776
Tax %	33%	31%	40%	23%	36%	36%	45%	37%	32%	82%	56%	26%
Net Profit	890	972	824	2,220	1,478	1,567	525	793	956	48	141	680	563
EPS in Rs	9.29	10.18	8.57	23.13	15.40	16.32	5.48	8.33	10.04	0.50	1.47	7.07	5.88
Dividend Payout %	24%	22%	26%	11%	19%	21%	5%	30%	30%	0%	68%	34%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	9.21%	-15.23%	169.42%	-33.42%	6.02%	-66.50%	51.05%	20.55%	-94.98%	193.75%	382.27%
Change in YoY Net Profit Growth (%)	0.00%	-24.44%	184.64%	-202.84%	39.45%	-72.52%	117.54%	-30.49%	-115.53%	288.73%	188.52%

Zee Entertainment Enterprises Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	5%
5 Years:	0%
3 Years:	0%
TTM:	-9%

Compounded Profit Growth
10 Years:	-2%
5 Years:	4%
3 Years:	-11%
TTM:	90%

Stock Price CAGR
10 Years:	-11%
5 Years:	-12%
3 Years:	-23%
1 Year:	-15%

Return on Equity
10 Years:	10%
5 Years:	6%
3 Years:	3%
Last Year:	7%

Last Updated: September 5, 2025, 1:56 pm

Balance Sheet

Last Updated: May 20, 2026, 2:30 am

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	96	96	96	96	96	96	96	96	96	96	96	96
Reserves	3,435	4,708	6,594	7,466	8,828	9,248	9,998	10,767	10,626	10,777	11,437	11,634
Borrowings	2,021	1,716	2,203	1,526	1,114	650	423	76	282	230	321	265
Other Liabilities	1,454	1,446	1,364	2,042	2,895	2,424	2,301	2,300	2,724	2,347	1,880	2,220
Total Liabilities	7,006	7,966	10,258	11,130	12,933	12,418	12,819	13,240	13,728	13,450	13,734	14,216
Fixed Assets	1,138	1,333	916	1,476	1,414	1,315	1,191	1,225	1,360	1,204	1,005	908
CWIP	88	110	156	92	156	83	75	87	19	10	1	4
Investments	976	1,148	1,343	1,529	976	325	798	65	35	39	1,195	1,275
Other Assets	4,805	5,375	7,843	8,033	10,386	10,695	10,754	11,862	12,315	12,197	11,533	12,029
Total Assets	7,006	7,966	10,258	11,130	12,933	12,418	12,819	13,240	13,728	13,450	13,734	14,216

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	681	731	741	554	135	250	1,548	280	129	714	1,186	708
Cash from Investing Activity +	-165	16	1,325	-1,041	864	397	-511	586	-202	-46	-1,602	-299
Cash from Financing Activity +	-343	-405	-414	-1,090	-966	-1,062	-541	-715	-408	-274	23	-339
Net Cash Flow	173	342	1,652	-1,577	33	-415	496	150	-481	395	-393	70
Free Cash Flow	572	459	515	300	-146	105	1,374	51	-127	606	1,098	553
CFO/OP	87%	92%	83%	67%	42%	45%	128%	44%	47%	105%	104%	229%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	1.00	-1.00	0.00	-1.00	1.00	1.00	-649.00	-422.00	-75.00	-281.00	681.00	-320.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	85	80	85	70	84	84	96	92	77	73	72	67
Inventory Days					526	617	624	644	824	877	663	739
Days Payable					230	239	196	167	177	210	138	130
Cash Conversion Cycle	85	80	85	70	380	463	524	569	725	740	597	676
Working Capital Days	156	152	147	151	180	236	294	295	340	352	326	335
ROCE %	31%	27%	26%	24%	26%	27%	14%	14%	16%	8%	6%	9%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	3.99%	3.99%	3.99%	3.99%	3.99%	3.99%	3.99%	3.99%	3.99%	3.99%	3.99%	3.99%
FIIs	36.39%	33.40%	35.00%	28.19%	19.18%	18.90%	18.52%	20.05%	22.83%	24.81%	25.43%	24.21%
DIIs	38.03%	40.62%	42.07%	43.42%	35.30%	22.27%	19.05%	17.87%	15.87%	16.75%	13.92%	11.98%
Government	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.13%	0.13%	0.11%	0.11%	0.11%
Public	21.43%	21.85%	18.80%	24.24%	41.38%	54.67%	58.30%	57.96%	57.18%	54.33%	56.56%	59.70%
No. of Shareholders	4,14,815	4,63,830	3,97,743	4,08,518	6,27,625	6,03,271	6,78,849	6,82,596	6,92,538	6,38,222	6,43,042	6,45,830

Shareholding Pattern Chart

No. of Shareholders

Zee Entertainment Enterprises Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
ICICI Prudential Multi Asset Fund	11,243,556	0.12	100.9	N/A	N/A	N/A
ICICI Prudential Large & Mid Cap Fund	5,327,579	0.16	47.81	N/A	N/A	N/A
Bandhan Large & Mid Cap Fund	3,310,335	0.18	29.71	N/A	N/A	N/A
Bandhan Small Cap Fund	2,773,930	0.1	24.89	2,443,930	2026-06-11 14:16:05	13.5%
Bandhan Balanced Advantage Fund	162,001	0.07	1.45	170,551	2026-06-10 02:33:40	-5.01%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	7.08	1.47	2.62	10.04	8.33
Diluted EPS (Rs.)	7.08	1.47	2.62	10.04	8.33
Cash EPS (Rs.)	9.96	4.68	3.75	12.50	11.01
Book Value[Excl.RevalReserv]/Share (Rs.)	120.01	113.14	111.57	113.04	105.18
Book Value[Incl.RevalReserv]/Share (Rs.)	120.01	113.14	111.57	113.04	105.18
Revenue From Operations / Share (Rs.)	86.31	89.88	84.16	85.22	80.44
PBDIT / Share (Rs.)	13.90	10.83	12.35	19.14	17.73
PBIT / Share (Rs.)	11.00	7.61	9.09	16.58	14.98
PBT / Share (Rs.)	9.63	3.96	4.87	14.73	13.07
Net Profit / Share (Rs.)	7.07	1.47	0.49	9.94	8.25
NP After MI And SOA / Share (Rs.)	7.07	1.47	0.49	10.04	8.33
PBDIT Margin (%)	16.10	12.04	14.67	22.46	22.04
PBIT Margin (%)	12.74	8.46	10.80	19.46	18.62
PBT Margin (%)	11.16	4.40	5.78	17.28	16.24
Net Profit Margin (%)	8.18	1.63	0.59	11.67	10.26
NP After MI And SOA Margin (%)	8.19	1.63	0.59	11.77	10.35
Return on Networth / Equity (%)	5.89	1.30	0.44	8.87	7.92
Return on Capital Employeed (%)	8.85	6.52	7.89	14.45	13.99
Return On Assets (%)	4.94	1.05	0.34	7.28	6.24
Long Term Debt / Equity (X)	0.01	0.00	0.00	0.00	0.00
Total Debt / Equity (X)	0.01	0.00	0.00	0.00	0.00
Asset Turnover Ratio (%)	0.61	0.63	0.59	0.60	0.56
Current Ratio (X)	6.56	5.00	4.29	5.03	4.23
Quick Ratio (X)	2.80	1.92	1.54	2.15	2.10
Inventory Turnover Ratio (X)	1.21	0.00	0.00	0.00	0.00
Dividend Payout Ratio (NP) (%)	14.14	0.00	0.00	24.89	3.59
Dividend Payout Ratio (CP) (%)	10.03	0.00	0.00	19.83	2.70
Earning Retention Ratio (%)	85.86	0.00	0.00	75.11	96.41
Cash Earning Retention Ratio (%)	89.97	0.00	0.00	80.17	97.30
Interest Coverage Ratio (X)	40.84	14.43	16.90	40.79	29.85
Interest Coverage Ratio (Post Tax) (X)	25.02	7.62	9.36	25.15	17.11
Enterprise Value (Cr.)	8359.61	12141.37	19546.27	26431.03	18464.42
EV / Net Operating Revenue (X)	1.01	1.41	2.42	3.23	2.39
EV / EBITDA (X)	6.26	11.67	16.47	14.37	10.83
MarketCap / Net Operating Revenue (X)	1.14	1.54	2.52	3.38	2.53
Retention Ratios (%)	85.85	0.00	0.00	75.10	96.40
Price / BV (X)	0.81	1.23	1.90	2.55	1.93
Price / Net Operating Revenue (X)	1.14	1.54	2.52	3.38	2.53
EarningsYield	0.07	0.01	0.00	0.03	0.04

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Zee Entertainment Enterprises Ltd. is a Public Limited Listed company incorporated on 25/11/1982 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L92132MH1982PLC028767 and registration number is 028767. Currently Company is involved in the business activities of Television programming and broadcasting activities. Company's Total Operating Revenue is Rs. 7567.00 Cr. and Equity Capital is Rs. 96.10 Cr. for the Year ended 31/03/2026.

INDUSTRY	ADDRESS	CONTACT
Entertainment & Media	18th Floor, A Wing, Mumbai Maharashtra 400013	Contact not found

Management
Name	Position Held
Dr. Subhash Chandra	Chairman Emeritus
Mr. R Gopalan	Chairman
Mr. Saurav Adhikari	Non Exe.Non Ind.Director
Dr. Venkata Ramana Murthy Pinisetti	Independent Director
Mr. Shishir Babubhai Desai	Independent Director
Mr. Uttam Prakash Agarwal	Independent Director
Ms. Deepu Bansal	Independent Director
Ms. Divya Rupchand Karani	Independent Director

FAQ

What is the intrinsic value of Zee Entertainment Enterprises Ltd and is it undervalued?

As of 14 June 2026, Zee Entertainment Enterprises Ltd's intrinsic value is ₹90.87, which is 18.14% lower than the current market price of ₹111.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (2.40 %), book value (₹122), dividend yield (2.18 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Zee Entertainment Enterprises Ltd?

Zee Entertainment Enterprises Ltd is trading at ₹111.00 as of 14 June 2026, with a FY2026-2027 high of ₹152 and low of ₹68.0. The stock is currently in the middle of its 52-week range. Market cap stands at ₹10,705 Cr..

How does Zee Entertainment Enterprises Ltd's P/E ratio compare to its industry?

Zee Entertainment Enterprises Ltd has a P/E ratio of 38.3, which is below the industry average of 161.49. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Zee Entertainment Enterprises Ltd financially healthy?

Key indicators for Zee Entertainment Enterprises Ltd: ROCE of 2.75 % is on the lower side compared to the industry average of 11.17%; ROE of 2.40 % is below ideal levels (industry average: 18.21%). Dividend yield is 2.18 %.

Is Zee Entertainment Enterprises Ltd profitable and how is the profit trend?

Zee Entertainment Enterprises Ltd reported a net profit of ₹680 Cr in Mar 2025 on revenue of ₹8,294 Cr. Compared to ₹956 Cr in Mar 2022, the net profit shows a declining trend.

Does Zee Entertainment Enterprises Ltd pay dividends?

Zee Entertainment Enterprises Ltd has a dividend yield of 2.18 % at the current price of ₹111.00. This is a relatively attractive yield for income-seeking investors.