ZEEMEDIA

Zee Media Corporation Limited

News channels and digital media company with content library

Consumer Discretionary›Media, Entertainment & Publication›Entertainment›TV Broadcasting & Software Production

zeemedia.com(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-19

Stock price
₹7.03
Market cap
461 Cr
Stock P/E
Loss (TTM EPS ₹-0.02)
P/B
1.96
ROE (FY26)
0.8%
ROCE (FY26)
5.8%
Operating margin (FY26)
0.2%
Debt / equity (FY26)
0.05
OCF / EBITDA (FY26)
92.8%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Zee Media (Zee Media Corporation) runs news television channels and digital news properties in Hindi, Urdu and regional languages, and earns most of its revenue from advertising.

Company snapshot

8thBy market cap

Ranked among 15 companies in TV Broadcasting & Software Production.

Segment mix

Reportable segments as of 2018-03-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.

Largest segment: 99.2% of revenue

SegmentRevenue shareRevenuePBTAssets
E-Commerce business
0.8%
5 Cr-28 Cr—
Television Broadcasting business
99.2%
573 Cr93 Cr—

What we see

Positives
  • ✓Debt-to-equity of 0.05x — the company is largely funded by its own money, not borrowed funds.
Concerns
  • ✗Net margin is very thin at 0.3% — little room for error if costs rise.
1 more signal from the filings.Sign in free to see them all

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 20261Jun 2026
Sales152 Cr167 Cr179 Cr176 Cr131 Cr159 Cr156 Cr182 Cr179 Cr240 Cr158 Cr191 Cr
Operating expenses (approx.)172 Cr193 Cr153 Cr161 Cr162 Cr153 Cr164 Cr163 Cr162 Cr162 Cr167 Cr175 Cr
EBITDA-20 Cr-25 Cr26 Cr15 Cr-31 Cr6 Cr-8 Cr20 Cr17 Cr78 Cr-9 Cr16 Cr
OPM %-13.3%-15.2%14.6%8.4%-24.0%4.1%-5.3%10.8%9.6%32.5%-5.9%8.5%
Other income2 Cr3 Cr16 Cr1 Cr2 Cr1 Cr6 Cr0.76 Cr1 Cr0.98 Cr14 Cr2 Cr
Interest5 Cr5 Cr8 Cr8 Cr7 Cr8 Cr7 Cr5 Cr5 Cr5 Cr5 Cr5 Cr
Depreciation20 Cr19 Cr27 Cr30 Cr30 Cr30 Cr29 Cr27 Cr27 Cr26 Cr25 Cr26 Cr
Profit before tax-41 Cr-46 Cr-5 Cr-14 Cr-67 Cr-30 Cr-50 Cr-11 Cr-13 Cr49 Cr-30 Cr-13 Cr
Tax %25.6%22.6%-31.8%25.6%25.1%25.0%25.8%22.9%-16.9%-8.0%—8.5%
Net profit-31 Cr-36 Cr-7 Cr-10 Cr-50 Cr-22 Cr-37 Cr-9 Cr-16 Cr53 Cr-27 Cr-12 Cr
EPS (₹)₹-0.49₹-0.57—₹-0.17₹-0.80₹-0.36₹-0.59₹-0.14₹-0.25₹0.84—₹-0.19
  1. 1Mar 2026: Derived from year-to-date: the year to 31 Mar 2026 less the quarters to 30 Jun 2025, 30 Sep 2025 and 31 Dec 2025; the filing gives no figures for this quarter alone

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales450 Cr578 Cr687 Cr632 Cr649 Cr867 Cr721 Cr638 Cr622 Cr759 CrSign in free for the trailing twelve months
Operating expenses (approx.)350 Cr474 Cr513 Cr449 Cr431 Cr613 Cr655 Cr677 Cr640 Cr653 CrSign in free for the trailing twelve months
EBITDA100 Cr104 Cr174 Cr183 Cr218 Cr254 Cr66 Cr-39 Cr-18 Cr106 CrSign in free for the trailing twelve months
OPM %22.2%18.0%25.3%28.9%33.6%29.3%9.1%-6.1%-3.0%13.9%Sign in free for the trailing twelve months
Other income17 Cr9 Cr12 Cr9 Cr5 Cr6 Cr19 Cr25 Cr11 Cr17 CrSign in free for the trailing twelve months
Interest15 Cr18 Cr18 Cr24 Cr24 Cr38 Cr30 Cr24 Cr30 Cr19 CrSign in free for the trailing twelve months
Depreciation27 Cr41 Cr55 Cr88 Cr81 Cr85 Cr92 Cr85 Cr119 Cr104 CrSign in free for the trailing twelve months
Profit before tax71 Cr50 Cr37 Cr-243 Cr107 Cr-73 Cr-73 Cr-127 Cr-160 Cr-6 CrSign in free for the trailing twelve months
Tax %32.2%44.7%117.1%-11.4%29.2%-61.9%5.4%22.3%25.3%133.0%Sign in free for the trailing twelve months
Net profit-16 Cr28 Cr-6 Cr-271 Cr76 Cr-118 Cr-69 Cr-98 Cr-119 Cr2 CrSign in free for the trailing twelve months
EPS (₹)₹-0.42₹0.42₹-0.15₹-5.76₹1.61₹-2.07₹-1.10₹1.10₹-1.91₹0.03Sign in free for the trailing twelve months
Dividend payout %————0.0%————0.0%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital47 Cr47 Cr47 Cr47 Cr63 Cr63 Cr63 Cr63 Cr63 Cr63 Cr
Reserves469 Cr625 Cr591 Cr318 Cr469 Cr394 Cr325 Cr227 Cr158 Cr161 Cr
Borrowings91 Cr123 Cr181 Cr100 Cr250 Cr214 Cr196 Cr135 Cr78 Cr11 Cr
Other liabilities563 Cr224 Cr224 Cr261 Cr323 Cr302 Cr289 Cr543 Cr581 Cr639 Cr
Total liabilities1,188 Cr1,041 Cr1,043 Cr726 Cr1,105 Cr972 Cr873 Cr968 Cr880 Cr873 Cr
Fixed assets (net)114 Cr189 Cr209 Cr270 Cr242 Cr205 Cr177 Cr243 Cr185 Cr134 Cr
CWIP22 Cr5 Cr0.04 Cr0.22 Cr—0.56 Cr2 Cr0 Cr—0.32 Cr
Investments511 Cr513 Cr434 Cr71 Cr71 Cr80 Cr58 Cr42 Cr43 Cr42 Cr
Loans & advances——3 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr
Inventories0.04 Cr—3 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr
Trade receivables141 Cr178 Cr208 Cr200 Cr238 Cr238 Cr140 Cr206 Cr199 Cr314 Cr
Cash & bank45 Cr11 Cr24 Cr47 Cr82 Cr27 Cr7 Cr9 Cr14 Cr8 Cr
Other assets355 Cr145 Cr161 Cr138 Cr472 Cr422 Cr488 Cr468 Cr440 Cr374 Cr
Total assets1,188 Cr1,041 Cr1,043 Cr726 Cr1,105 Cr972 Cr873 Cr968 Cr880 Cr873 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity95 Cr66 Cr59 Cr164 Cr123 Cr249 Cr146 Cr77 Cr64 Cr98 Cr
Cash from investing-95 Cr-103 Cr-98 Cr-27 Cr-44 Cr-189 Cr-98 Cr15 Cr-7 Cr-4 Cr
Cash from financing-33 Cr-15 Cr34 Cr-51 Cr-29 Cr-116 Cr-93 Cr-92 Cr-48 Cr-83 Cr
Net cash flow-33 Cr-52 Cr-5 Cr87 Cr51 Cr-56 Cr-45 Cr-0.80 Cr8 Cr12 Cr
Free cash flow (OCF − Capex)28 Cr-37 Cr-1 Cr106 Cr79 Cr151 Cr38 Cr62 Cr53 Cr88 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %13.8%8.3%6.7%-47.2%16.8%-5.2%-7.4%-24.2%-43.3%5.8%
ROE %-3.7%4.0%-1.1%-74.3%14.2%-25.8%-17.8%-34.0%-54.1%0.8%
Debtor days11411211011613410071118117151
Inventory days0—20000000
Days payable23302014152239616471
Cash conversion cycle9082921011187832565280
OCF / EBITDA %95.1%63.3%33.9%89.8%56.5%98.2%222.9%——92.8%
OCF / EBITDA % (3 years)——58.2%62.7%60.3%82.0%96.5%168.6%n.m.n.m.
Debt / equity0.180.180.280.270.470.470.510.470.360.05
Current ratio1.090.931.331.592.761.670.710.470.560.65
Net debt / EBITDA0.46—0.900.290.770.742.88——0.02