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Investor Presentation

Zee Entertainment Enterprises Investor Presentation: Key Takeaways

Zee Entertainment Q1 FY27 revenue grew 5% YoY to Rs 19,073 Mn, driven by ZEE5's 58% growth and FIFA 2026 performance, offset by a 11% dip in advertising due to Middle East crisis and cricket.

Highlights
Revenue growthZEE5 revenue up 58% YoY; Total Op Revenue up 5% YoY.
MarginsEBITDA margin at 4.1% impacted by high content and sports costs.
Demand visibilityAd recovery witnessed in June following FIFA acquisition.
Management confidencePositive outlook on 'Z' network share and FIFA rights impact.

Growth

Operating Revenue up 5% YoY; ZEE5 revenue grew 58% YoY reaching Rs 4,571 Mn and achieving positive EBITDA of Rs 44 Mn.

Outlook

Investments in digital content, sports (FIFA 2026-2034), and new growth initiatives like KidZ and Bullet.

Risks

Ad revenue impacted by Middle East crisis and cricket; high A&P/programming costs for FIFA rights weighing on margins.

Last quarter's promises, checked

Delivered

  • Digital EBITDA breakeven → Delivered positive EBITDA (Rs 44 Mn) (= BEAT)
  • Digital revenue growth momentum → Delivered 58% YoY growth (= BEAT)
  • Subscription revenue growth → Delivered 16% YoY growth (= BEAT)

Partly delivered

  • Network share improvement → Delivered 17.9% vs 17.4% prev quarter (= PARTIAL)

Missed

  • Advertising revenue recovery → Delivered 11% YoY decline (= MISS)
Source

Investor Presentation filed with BSE, NSE: ZEEL. Summary written with AI assistance from the document.

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Zee Entertainment Enterprises Ltd: key numbers

Share price
₹76.87
Market cap
₹7,384 Cr
Revenue (annual)
₹8,099 Cr
Net profit (annual)
₹273.1 Cr
P/E (TTM)
35.9×Sector 27.7×
Promoter holding
3.99%+0.00% QoQ
FII holding
20.11%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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