ZEEL · Zee Entertainment Enterprises Ltd · Broadcasting & Cable TV
ZEEL · Zee Entertainment Enterprises Ltd · Broadcasting & Cable TV
As of 05 Nov close
52-week range
43.0% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹1,907 Cr
Revenue YoY
PAT YoY
-46.9%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
0.7
P/S (TTM)
0.9
Sector P/E
Not available from data source
Dividend yield
+2.5%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| ZEEL (this stock) | 48.5 | 0.7 | +2.5% | +1.8% | 0.02 | +2.5% |
| Sun Tv Network | 13.3 | 1.8 | +34.0% | +12.1% | 0.01 | +2.6% |
| DEN Networks | 9.4 | 0.4 | +15.2% | +3.9% | 0.01 | 0.0% |
| New Delhi Television | Not available from data source | 7.1 | -61.2% | -345.0% | 183.48 | Not available from data source |
Promoter
stable
FII
falling 1q
MF
3.16% (-1.70pp)
falling 3q
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 21 Aug 2026 | Sunbright Mauritius Investments Limited | BUY | 20,94,47,805 | ₹660 Cr |
| 30 Mar 2026 | Shreyasi Goenka | BUY | 12,43,008 | ₹8.96 Cr |
| 12 Nov 2025 | Shreyasi Goenka | BUY | 24,35,000 | ₹24.96 Cr |
Bulk/block deals
| canonicalSymbol | date | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| ZEEL | 2026-11-04 | 12205370 | 2 | STRONG | BULK |
| ZEEL | 2026-08-31 | 11000839 | 2 | WEAK | BULK |
| ZEEL | 2026-08-14 | 4884905 | 1 | WEAK | BULK |
| ZEEL | 2026-07-16 | 5000000 | 1 | STRONG | BULK |
| ZEEL | 2026-06-12 | 4884404 | 1 | WEAK | BULK |
| ZEEL | 2026-06-11 | 23768830 | 4 | WEAK | BULK |
| ZEEL | 2026-06-08 | 11745499 | 2 | MEDIUM | BULK |
| ZEEL | 2026-06-05 | 44364513 | 5 | WEAK | BULK |
| ZEEL | 2026-05-28 | 4758218 | 1 | WEAK | BULK |
| ZEEL | 2026-05-27 | 4758218 | 1 | WEAK | BULK |
News timeline
- unknowneconomictimes.indiatimes.com· 10 Sept 2026, 09:26 pmAhead of Market: 10 things that will decide stock market action on Friday
- unknowneconomictimes.indiatimes.com· 07 Sept 2026, 09:35 pmAhead of Market: 10 things that will decide stock market action on Tuesday
- mediummacroeconomictimes.indiatimes.com· 31 Aug 2026, 09:34 pmAhead of Market: 10 things that will decide stock market action on Tuesday
- unknowneconomictimes.indiatimes.com· 31 Aug 2026, 12:15 pmZee Entertainment shares crash 14% amid Subhash Chandra’s 99.97% loan haircut row
- unknownbusiness-standard.com· 31 Aug 2026, 12:04 pmNifty Media index tanks 4.5%; Zee Entertainment, Network18 plunge up to 14%
- unknownbusiness-standard.com· 31 Aug 2026, 10:59 amZEEL tanks 15% as Chandra's insolvency resolution plan faces fresh hurdle
- mediumcorporate actionlivemint.com· 22 Aug 2026, 06:42 pmZee Entertainment allots 20.94 crore warrants to promoter entity Sunbright Mauritius at ₹126 each
- mediumeconomictimes.indiatimes.com· 20 Aug 2026, 09:34 pmAhead of Market: 10 things that will decide stock market action on Friday
- mediummacroeconomictimes.indiatimes.com· 17 Aug 2026, 09:32 pmAhead of Market: 10 things that will decide stock market action on Tuesday
- mediumbusiness-standard.com· 11 Aug 2026, 10:54 amZEEL shares drop 5% as weak ad revenue drags Q1 profit by 48%
- loweconomictimes.indiatimes.com· 05 Aug 2026, 09:25 pmAhead of Market: 10 things that will decide stock market action on Thursday
- mediummacroeconomictimes.indiatimes.com· 03 Aug 2026, 09:17 pmAhead of Market: 10 things that will decide stock market action on Tuesday
- highregulatorythehindubusinessline.com· 03 Aug 2026, 12:33 pmZEEL shares plunge 13% after SEBI order in Hyderabad land pledge case
- loweconomictimes.indiatimes.com· 02 Aug 2026, 01:11 pmAhead of Market: 10 things that will decide stock market action on Monday
Concalls & investor presentations
AI-generatedKey takeaway: The earnings conference call for Zee Entertainment Enterprises Limited (ZEEL) on August 10, 2026, discussed the company's performance for Q1 FY27. Management reported that the macroeconomic environment remained subdued, impacting advertising revenues, which declined by 11% year-on-year. However, ZEEL achieved a 16% growth in subscription revenue, driven by its digital platform, Zee5, which saw a 58% increase in revenue year-on-year. The company launched new sports channels and secured rights for major football properties, including FIFA, which significantly boosted viewership. Management emphasized a focus on long-term value creation and financial sustainability, while also noting the challenges posed by external factors. The call concluded with management expressing optimism about future growth opportunities, particularly in the upcoming festive season and through strategic initiatives in content and digital expansion.
Management highlighted both growth opportunities and challenges faced in the current macroeconomic environment.
Sourced from an exchange-filed transcript, dated 14 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The transcript of the conference call held on May 19, 2026, provided insights into Zee Entertainment Enterprises Limited's performance for Q4 FY26 and the full financial year. Management highlighted a focus on long-term investments and operational efficiencies, particularly in content creation. The digital platform ZEE5 achieved breakeven and reported a 53% year-on-year revenue growth, driven by a 7-language strategy. The company's network share increased to 17.4%, with Zee TV showing a 40% growth in GRP. However, advertising revenues declined by 4% year-on-year due to geopolitical tensions affecting consumer sentiment. Management discussed strategic investments in VFX and live events to enhance content capabilities. The overall financial position remained strong, with cash and treasury investments at INR 27.6 billion. Despite challenges, management expressed confidence in the company's resilience and ability to capitalize on future opportunities.
The document presented both positive achievements and challenges faced by the company.
Sourced from an exchange-filed transcript, dated 26 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Zee Entertainment Enterprises Limited (ZEEL) submitted its earnings release for the fourth quarter and financial year ended March 31, 2026. The presentation reported an operating revenue of Rs 80,989 million for FY26, with a year-on-year growth of 53%. The company achieved a positive adjusted EBITDA of Rs 7,547 million, reflecting an adjusted EBITDA margin of 9.3%. In Q4 FY26, total revenue decreased by 11% year-on-year, attributed to a decline in advertising revenue due to the Middle East crisis. The document highlighted that ZEEL's cash and cash equivalents stood at Rs 27.6 billion as of March 2026. The company also noted a growth in viewership share and a stable TV landscape, with a focus on investing in long-term growth initiatives. Additionally, ZEEL's ESG initiatives were recognized, placing the company in the 96th percentile across the media sector.
The document presented both positive financial metrics and challenges faced in revenue generation.
Sourced from an exchange-filed presentation, dated 19 May 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedZee Entertainment Enterprises Limited (ZEEL) reported an ESG score of 44 in the 2024 S&P Corporate Sustainability Assessment, placing it in the top 10% of global peers in its sector. The company faced a significant legal challenge with Star India Private Limited over an ICC contract, where Star sought USD 940 million in damages. ZEEL refuted the claims and filed a counterclaim. Additionally, ZEEL had a dispute with IDBI Bank regarding a debt of 149.6 crore, which was resolved in ZEEL's favor by the NCLAT. The company also terminated a merger agreement with Bangla Entertainment Private Limited, leading to the withdrawal of the scheme. ZEEL maintained compliance with various regulations and had no defaults in loan repayments or interest payments.
- ZEEL achieved an ESG score of 44, top 10% in its sector per S&P CSA 2024.
- Legal dispute with Star India over ICC contract, Star claims USD 940M damages; ZEEL denies claims and countersues.
- IDBI Bank's CIRP application against ZEEL dismissed by NCLAT, resolving debt dispute.
- Merger agreement with Bangla Entertainment terminated, leading to scheme withdrawal.
- No defaults in loan repayments or interest payments, per auditors' report.
Key takeaway: ZEEL faces significant legal challenges with Star India and resolved a major debt dispute with IDBI Bank, while maintaining compliance and no loan defaults, but ongoing litigation poses material risks.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (3 items); Regulatory Action (3 items); Default / Covenant Breach (3 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
3 occurrencesRecent (last 12 months)
The auditor mentions a qualification relating to the maintenance of accounts.
Earlier (1-3 years ago)
The auditor mentions a qualification relating to the maintenance of accounts and other matters connected therewith, as stated in paragraph 17(b) of the report and paragraph 17(i)(vi) under Rule 11(g) of the Companies (Audit and Auditors) Rules, 2014.
The auditor notes that matters described in paragraph 5(i), 5(ii), and 5(iii) under the Emphasis of Matter may have an adverse effect on the functioning of the Company.
Regulatory Action
3 occurrencesRecent (last 12 months)
SEBI issued a Show Cause Notice to the Company and its KMP in August 2025 for violations of SEBI Regulations. SEBI imposed monetary penalties and debarment from the securities market in July 2026, which the Company and KMP are challenging in court.
Earlier (1-3 years ago)
SEBI issued an adjudication order on January 02, 2025, disposing of proceedings against the Company, Mr. Subhash Chandra, and Mr. Punit Goenka initiated under SCN dated July 6, 2022.
SEBI issued an interim ex-parte order on June 12, 2023, prohibiting Mr. Subhash Chandra and Mr. Punit Goenka from holding director or KMP positions in any listed company or subsidiaries until further orders. SEBI confirmed this on August 14, 2023, modifying the order to prohibit them from holding such positions in the Company and other specified companies, though Mr. Punit Goenka's appeal was set aside by SAT on October 30, 2023.
Default / Covenant Breach
3 occurrencesRecent (last 12 months)
IDBI Bank Limited filed an application for initiation of CIRP against the Company under the Insolvency and Bankruptcy Code, 2016, claiming a debt and default of 149.6 crore. The Company sought dismissal of the application, which was allowed by the NCLT on May 19, 2023.
Earlier (1-3 years ago)
IDBI Bank Limited filed an application for initiation of Corporate Insolvency Resolution Process (CIRP) against the Company, claiming a debt and default of ₹149.6 crore. The Company's application to dismiss the CIRP was allowed by the NCLT on May 19, 2023, and upheld by the NCLAT on April 7, 2025.
The company had defaults of ₹83.08 crore and ₹149.6 crore with IndusInd Bank and IDBI Bank, respectively, leading to CIRP applications. The dispute with IndusInd Bank was settled, but IDBI Bank's appeal is pending.
Routine disclosures
Contingent Liability
3 occurrencesRecent (last 12 months)
The company is involved in litigation with JioStar India Private Limited over an ICC contract, with JioStar claiming USD 1,097 million in damages. The company has filed a counterclaim of USD 8.06 million.
Earlier (1-3 years ago)
Star India Private Limited has filed a claim for damages of USD 940 million against the company in arbitration, with the company having filed a counterclaim of USD 8 million. The company has not adjusted its financial statements for this matter.
The company has initiated arbitration under SIAC regarding claims by Culver Max and BEPL, which are considered a key audit matter and disclosed as a contingent liability in Note 55 of the financial statements.
Related-Party Transaction
3 occurrencesRecent (last 12 months)
The Company and its subsidiaries, along with a current KMP and ex-directors, are under investigation by SEBI and MCA regarding transactions with vendors and a subsidiary, including related party transactions and alleged violations of SEBI regulations.
Earlier (1-3 years ago)
The company has outstanding payables from related parties, including companies controlled by key management personnel and their relatives, as of 31 March 2024.
The company has transactions with other related parties, which include companies controlled by key management personnel and their relatives, with outstanding balances as of the last day of the year.
Management & Board Governance
2 occurrencesEarlier (1-3 years ago)
Several independent directors resigned or ceased to be directors in 2023, including Mr. Piyush Pandey (23 March 2023), Ms. Alicia Yi (13 July 2023), Mr. Sasha Mirchandani (24 December 2023), and Mr. Vivek Mehra (24 December 2023). Additionally, Mr. Adesh Kumar Gupta ceased to be a director on 16 December 2023.
Mr. Adesh Kumar Gupta ceased to be a director w.e.f. 16 December 23, and Mr. Piyush Pandey resigned w.e.f. 23 March 2023.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
27.4% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18). Change vs the previous disclosure: increasing.