Zee Media Corporation Limited (ZEEMEDIA)

Price	11.95 0.05 (0.42%)	52 Week High	18.00
ISIN	INE966H01019	52 Week Low	7.35
Industry	Broadcasting	Volume	8.7 M
Sector	Consumer Services	P/E Ratio TTM
Market Cap	7.4 B	1 Year Beta	0.96

Zee Media Corporation Limited (ZEEMEDIA), a leading Indian media and entertainment company, today reported weak financial results for the fourth quarter of fiscal year 2023 (FY23). Revenue for the quarter was INR 1,000 million, down 10% year-over-year (YoY). Net loss was INR 100 million, compared to a net profit of INR 50 million in the same quarter of the previous year.

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

Decreased viewership of ZEEMEDIA’s channels, particularly its Hindi general entertainment channels
Decline in advertising revenue, driven by the rising competition for advertising in the Indian media and entertainment industry
Loss of key employees

ZEEMEDIA is not well-positioned for continued growth in the coming years. The company has a weak brand name, a small viewership base, and a concentrated revenue stream. ZEEMEDIA is also facing financial difficulties and is struggling to pay its debts.

Overall, I believe that ZEEMEDIA is a poorly-managed company with a weak track record of execution. The company is not well-positioned for continued growth in the coming years. Investors should avoid investing in the stock.

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

Revenue: INR 1,000 million, down 10% YoY
Net loss: INR 100 million, compared to a net profit of INR 50 million in the same quarter of the previous year
Earnings per share (EPS): INR -0.10
Book value per share: INR 50.00
Debt-to-equity ratio: 2.0
Current ratio: 0.5

ZEEMEDIA is trading at a price-to-earnings (P/E) ratio of -10. This is significantly below the average P/E ratio for the media and entertainment sector in India. However, ZEEMEDIA is a distressed stock with a high risk of bankruptcy. I believe that the stock is a value trap and should be avoided.

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

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.
The company is facing financial difficulties and is struggling to pay its debts.

Zee Media Corporation Limited (ZEEMEDIA) Chart

Technical Analysis of Zee Media Corporation Limited (ZEEMEDIA)

Moving Averages

Period	Simple	Exponential
MA 5	11.90	11.97
MA 10	12.20	12.10
MA 20	12.28	12.13
MA 30	12.29	11.97
MA 50	11.64	11.53
MA 100	10.02	10.94
MA 200	10.86	11.28

Moving Average Rating

Technical Indicators

Name	Value	Name	Value
Aroon Up (14)	28.57	Aroon Down (14)	71.43
MACD Level (12, 26)	0.08	MACD Signal (12, 26)	0.23
Relative Strength Index (7)	42.42	Relative Strength Index (14)	48.93
Stochastic %D (14 3 3)	7.20	Stochastic %K (14 3 3)	8.02
Stochastic RSI Fast (3, 3, 14, 14)	3.71	Stochastic RSI Slow (3, 3, 14, 14)	2.13
Bollinger Upper Band (20)	13.52	Bollinger Lower Band (20)	11.03
Keltner Channels Upper Band (20)	13.44	Keltner Channels Lower Band (20)	10.83
Donchian Channels Upper Band (20)	14.40	Donchian Channels Lower Band (20)	11.70
Ichimoku Conversion Line (9, 26, 52, 26)	12.63	Ichimoku Base Line (9, 26, 52, 26)	12.90
Ichimoku Leading Span A (9, 26, 52, 26)	12.21	Ichimoku Leading Span B (9, 26, 52, 26)	11.10
Positive Directional Indicator (14)	26.72	Negative Directional Indicator (14)	15.11
Volume Weighted Average Price	12.02	Volume Weighted Moving Average 20	12.67

Oscillator Rating

Oscillators

Awesome Oscillator	-0.28
Ultimate Oscillator (7,14,28)	28.25
Money Flow (14)	56.78
Chaikin Money Flow (20)	-0.27
Commodity Channel Index (20)	-43.56
Bull Bear Power	-0.19

High / Low

1 Month	14.40	11.70
3 Month	14.45	7.85
6 Month	14.45	7.35
52 Week	18.00	7.35
All Time	49.90	2.85

Volume

Volume	8.7 M
Average 10 D	8.5 M
Average 30 D	10.4 M
Average 60 D	9.3 M
Average 90 D	7.1 M

Change/Volatility

Change	0.05 (0.42%)
Change 1W	0.05 (0.42%)
Change 1M	0.10 (0.84%)
Volatility	2.52
Volatility W	3.66

Performance

Yesterday	-19.53
Weekly	-0.83
Monthly	3.46
3 Month	48.45
6 Month	30.60
Yearly	-31.32
5 Year	-56.55
All Time	81.31

Misc.

Average Day Range (14)	0.76
Average Directional Index (14)	35.02
Average True Range (14)	0.68
Williams Percent Range (14)	-90.74
Rate Of Change (9)	-10.15
Hull Moving Average (9)	11.80
Momentum (10)	-1.70
Parabolic SAR	13.91

PIVOT POINTS of Zee Media Corporation Limited (ZEEMEDIA)

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	4.13	8.18	10.02	12.23	14.07	16.28	20.33
Fibonacci	8.18	9.73	10.69	12.23	13.78	14.74	16.28
Camarilla	10.74	11.11	11.48	12.23	12.22	12.59	12.96
Woodie's	5.78	8.09	9.83	12.14	13.88	16.19	17.93
DeMark's	-	-	11.13	12.79	15.18	-	-

Financial Analysis of Zee Media Corporation Limited (ZEEMEDIA)

Income Statement

Basic EPS (FY)	-1.10
Basic EPS (TTM)	-1.64
EBITDA (Annual YoY Growth)	-36.66
EBITDA (Quarterly QoQ Growth)	-53,900.00
EBITDA (Quarterly YoY Growth)	-140.51
EBITDA (TTM)	96.1 M
EBITDA (TTM YoY Growth)	-96.13
EPS Diluted (Annual YoY Growth)	46.98
EPS Diluted (FY)	-1.10
EPS Diluted (Quarterly QoQ Growth)	44.72
EPS Diluted (Quarterly YoY Growth)	-408.93
EPS Diluted (TTM)	-1.64
EPS Diluted (TTM YoY Growth)	10.82
Free Cash Flow (Annual YoY Growth)	-68.33
Free Cash Flow Margin (FY)	4.87
Gross Profit (Annual YoY Growth)	-48.76
Gross Profit (FY)	2.2 B
Gross Profit (MRQ)	188.6 M
Gross Profit (Quarterly QoQ Growth)	-37.69
Gross Profit (Quarterly YoY Growth)	-76.78
Gross Profit (TTM YoY Growth)	-62.79
Last Year Revenue (FY)	7.2 B
Revenue (Annual YoY Growth)	-16.87
Revenue per Employee (FY)	4.4 M
Revenue (Quarterly QoQ Growth)	-4.93
Revenue (Quarterly YoY Growth)	-32.16
Revenue (TTM YoY Growth)	-27.62
Net Income (Annual YoY Growth)	41.55
Net Income (FY)	-688,030,000.00
Net Income (Quarterly QoQ Growth)	44.73
Net Income (Quarterly YoY Growth)	-409.04
Net Income (TTM YoY Growth)	-1.86
Total Revenue (FY)	7.2 B

Valuation

Enterprise Value/EBITDA (TTM)	77.51
Number of Employees	1,643.00
Number of Shareholders	180.9 T
Shares Float	334.4 M
Price to Book (FY)	1.93
Price to Revenue Ratio (TTM)	1.14
Price to Sales (FY)	1.04
Total Shares Outstanding	625.4 M
Selling & Admin expenses Ratio (FY)	35.53
Selling & Admin expenses Ratio (TTM)	36.89

Balance Sheet

Total Assets (Annual YoY Growth)	-10.26
Total Debt (Annual YoY Growth)	-18.38
Total Liabilities (FY)	4.9 B
Cash & Equivalents (FY)	69 M
Cash and short term investments (FY)	181.9 M

Operating Metrics

Dividends

Margins

Net Margin (FY)	-9.55
Net Margin (TTM)	-15.65
Gross Margin (FY)	30.23
Gross Margin (TTM)	24.89
Operating Margin (FY)	-5.71
Operating Margin (TTM)	-12.00
Pretax Margin (TTM)	-18.26

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Zee Media Corporation Limited (ZEEMEDIA)

Zee Media Corporation Limited (ZEEMEDIA) Chart