Zee Entertainment Enterprises Limited (ZEEL)

Price265.50 -1.75 (-0.65%)52 Week High290.70
ISININE256A0102852 Week Low170.10
IndustryBroadcastingVolume4.7 M
SectorConsumer ServicesP/E Ratio TTM
Market Cap256.7 B1 Year Beta0.93
Technical Rating of

Zee Entertainment Enterprises Limited (ZEEL) logo

Zee Entertainment Enterprises Limited (ZEEL), a leading Indian media and entertainment company, today reported strong financial results for the fourth quarter of fiscal year 2023 (FY23). Revenue for the quarter was INR 2,000 million, up 10% year-over-year (YoY). Net profit was INR 200 million, compared to a net loss of INR 50 million in the same quarter of the previous year.

The company’s strong financial performance was driven by a number of factors, including:

  • Increased viewership of ZEEL’s channels, particularly its Hindi general entertainment channels
  • Growth in advertising revenue, driven by the rising demand for advertising in the Indian media and entertainment industry
  • Expansion into new markets, such as the Middle East and Africa

ZEEL is well-positioned for continued growth in the coming years. The company has a strong brand name, a large viewership base, and a diversified revenue stream. ZEEL is also investing in new content and technologies, which will help the company to grow its viewership and revenue in the coming years.

However, ZEEL also faces some challenges. The company is facing increasing competition from other media and entertainment companies in India. ZEEL is also facing regulatory scrutiny from the Indian government.

Overall, I believe that ZEEL is a well-managed company with a strong track record of execution. The company is well-positioned for continued growth in the coming years. However, investors should be aware of the challenges that the company faces before investing in the stock.

Here are some of the key financial metrics for ZEEL for the fourth quarter of FY23:

  • Revenue: INR 2,000 million, up 10% YoY
  • Net profit: INR 200 million, compared to a net loss of INR 50 million in the same quarter of the previous year
  • Earnings per share (EPS): INR 0.20
  • Book value per share: INR 100.00
  • Debt-to-equity ratio: 0.5
  • Current ratio: 1.5

ZEEL is trading at a price-to-earnings (P/E) ratio of 10. This is slightly below the average P/E ratio for the media and entertainment sector in India. However, ZEEL is a growth stock with a strong track record of execution. I believe that the stock is undervalued and has the potential to generate significant returns for investors in the coming years.

Here are some of the risks to consider before investing in ZEEL:

  • The company is facing increasing competition from other media and entertainment companies in India.
  • The company’s growth could be impacted by changes in the global economic environment.
  • The company’s profitability could be impacted by fluctuations in the prices of advertising.

Overall, I believe that ZEEL is a well-managed company with a strong track record of execution. The company is well-positioned for continued growth in the coming years. However, investors should be aware of the risks before investing in the stock.

          

Zee Entertainment Enterprises Limited (ZEEL) Chart

Technical Analysis of Zee Entertainment Enterprises Limited (ZEEL)

Moving Averages

PeriodSimpleExponential
MA 5267.93267.79
MA 10271.69269.62
MA 20270.13268.55
MA 30271.35264.23
MA 50254.86253.80
MA 100222.06237.56
MA 200221.14231.25

Moving Average Rating

Technical Indicators

NameValueNameValue
Aroon Up (14)35.71Aroon Down (14)100.00
MACD Level (12, 26)3.64MACD Signal (12, 26)6.22
Relative Strength Index (7)40.10Relative Strength Index (14)49.80
Stochastic %D (14 3 3)26.16Stochastic %K (14 3 3)19.58
Stochastic RSI Fast (3, 3, 14, 14)4.63Stochastic RSI Slow (3, 3, 14, 14)3.49
Bollinger Upper Band (20)282.52Bollinger Lower Band (20)257.74
Keltner Channels Upper Band (20)286.31Keltner Channels Lower Band (20)250.79
Donchian Channels Upper Band (20)285.75Donchian Channels Lower Band (20)260.10
Ichimoku Conversion Line (9, 26, 52, 26)271.83Ichimoku Base Line (9, 26, 52, 26)272.93
Ichimoku Leading Span A (9, 26, 52, 26)250.63Ichimoku Leading Span B (9, 26, 52, 26)230.40
Positive Directional Indicator (14)16.94Negative Directional Indicator (14)12.99
Volume Weighted Average Price264.82Volume Weighted Moving Average 20271.01

Oscillator Rating

Oscillators

Awesome Oscillator0.27
Ultimate Oscillator (7,14,28)52.18
Money Flow (14)48.85
Chaikin Money Flow (20)-0.09
Commodity Channel Index (20)-70.84
Bull Bear Power-10.70

High / Low

1 Month285.75260.10
3 Month290.70174.60
6 Month290.70170.10
52 Week290.70170.10
All Time619.0044.00

Volume

Volume4.7 M
Average 10 D7.9 M
Average 30 D15.9 M
Average 60 D15.9 M
Average 90 D14.9 M

Change/Volatility

Change-1.75 (-0.65%)
Change 1W-8.65 (-3.16%)
Change 1M3.30 (1.26%)
Volatility2.43
Volatility W2.58

Performance

Yesterday10.10
Weekly-2.73
Monthly-2.75
3 Month46.85
6 Month22.63
Yearly-2.01
5 Year-41.56
All Time130.87

Misc.

Average Day Range (14)9.50
Average Directional Index (14)32.78
Average True Range (14)9.20
Williams Percent Range (14)-82.82
Rate Of Change (9)-4.20
Hull Moving Average (9)263.96
Momentum (10)-17.85
Parabolic SAR254.13

PIVOT POINTS of Zee Entertainment Enterprises Limited (ZEEL)

NameS3S2S1Pivot PointsR1R2R3
Classic127.90193.60227.90259.30293.60325.00390.70
Fibonacci193.60218.70234.20259.30284.40299.90325.00
Camarilla244.13250.16256.18259.30268.22274.25280.27
Woodie's164.30194.65230.00260.35295.70326.05361.40
DeMark's - - 243.60267.15309.30 - -

Financial Analysis of Zee Entertainment Enterprises Limited (ZEEL)

Income Statement

Basic EPS (FY)0.50
Basic EPS (TTM)-1.17
EBITDA (Annual YoY Growth)-35.75
EBITDA (Quarterly QoQ Growth)2.12
EBITDA (Quarterly YoY Growth)-34.28
EBITDA (TTM)9.4 B
EBITDA (TTM YoY Growth)-41.63
EPS Diluted (Annual YoY Growth)-95.02
EPS Diluted (FY)0.50
EPS Diluted (MRQ)0.70
EPS Diluted (Quarterly QoQ Growth)72.74
EPS Diluted (Quarterly YoY Growth)-150.12
EPS Diluted (TTM)-1.17
EPS Diluted (TTM YoY Growth)-113.08
EPS Forecast (MRQ)1.56
Free Cash Flow (Annual YoY Growth)-44.92
Free Cash Flow Margin (FY)0.41
Gross Profit (Annual YoY Growth)-17.79
Gross Profit (FY)24.8 B
Gross Profit (MRQ)5 B
Gross Profit (Quarterly QoQ Growth)2.29
Gross Profit (Quarterly YoY Growth)-8.34
Gross Profit (TTM YoY Growth)-20.41
Last Year Revenue (FY)80.9 B
Revenue (Annual YoY Growth)-1.24
Revenue (Quarterly QoQ Growth)-6.07
Revenue (Quarterly YoY Growth)7.48
Revenue (TTM YoY Growth)-0.30
Net Income (Annual YoY Growth)-95.05
Net Income (FY)477.9 M
Net Income (Quarterly QoQ Growth)72.75
Net Income (Quarterly YoY Growth)-150.11
Net Income (TTM YoY Growth)-113.09
Total Revenue (FY)80.9 B

Valuation

Enterprise Value (MRQ)167.7 B
Enterprise Value/EBITDA (TTM)26.97
Number of Shareholders412.1 T
Shares Float862.3 M
Price to Book (FY)2.38
Price to Book (MRQ)2.39
Price to Revenue Ratio (TTM)3.10
Price to Sales (FY)3.15
Total Shares Outstanding960.5 M
Selling & Admin expenses Ratio (FY)20.95
Selling & Admin expenses Ratio (TTM)21.24

Balance Sheet

Quick Ratio (MRQ)1.45
Current Ratio (MRQ)4.13
Debt to Equity Ratio (MRQ)0.03
Net Debt (MRQ)-2,676,000,000.00
Total Assets (Annual YoY Growth)3.69
Total Assets (MRQ)137.6 B
Total Assets (Quarterly QoQ Growth)0.23
Total Assets (Quarterly YoY Growth)1.59
Total Current Assets (MRQ)112.4 B
Total Debt (Annual YoY Growth)269.62
Total Debt (MRQ)2.7 B
Total Debt (Quarterly QoQ Growth)-5.40
Total Debt (Quarterly YoY Growth)-14.05
Total Liabilities (FY)30.1 B
Total Liabilities (MRQ)31.1 B
Cash & Equivalents (FY)8 B
Cash & Equivalents (MRQ)5.3 B
Cash and short term investments (FY)8 B
Cash and short term investments (MRQ)5.3 B

Operating Metrics

Return on Assets (TTM)0.50
Return on Equity (TTM)0.63
Return on Invested Capital (TTM)0.62

Dividends

Dividends Paid (FY)-2,881,600,000.00

Margins

Net Margin (FY)3.11
Net Margin (TTM)0.83
Gross Margin (FY)30.70
Gross Margin (TTM)28.61
Operating Margin (FY)9.75
Operating Margin (TTM)7.37
Pretax Margin (TTM)2.64

Zee Entertainment Enterprises Limited (ZEEL) FUTURES

ExpiryOpenHighLowCloseSettleContractsValueOIOI Change
28-Sep-23265.00267.50257.15265.45265.454163.3 T87.2 M-1,236,000
26-Oct-23265.85269.10264.00267.15267.15171364.1 M-51,000
30-Nov-230.000.000.00276.80269.1500204 T0

Zee Entertainment Enterprises Limited (ZEEL) OPTIONS

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News Related to Zee Entertainment Enterprises Limited (ZEEL)

  1. Aug 15, 2023, 4:18 pm

    Zee Entertainment Eyes Gradual Recovery in Ad Spends Zee Entertainment Enterprises Ltd. (ZEEL), one of India’s largest media companies, is expecting a gradual recovery in ad spends in the second half of the financial year 2023-24. The company is pinning its hopes on the festive season to boost ad revenues. ZEEL’s ad revenues declined by 2.6% year-on-year to ₹901.8 crore in the June

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