Zee Media Corp. Ltd. (ZEEMEDIA) AI Stock Analysis

• Market Cap: ₹6.17B
• Dividend Yield: N/A
• Average Volume (3M): 238.23K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.65
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: IN
• Employees: 1,774
• Sector: Services
• Sector Strength: N/A
• Industry: Broadcasting
• EPS (TTM): -0.14
• Shares Outstanding: 625,428,650
• 10 Day Avg. Volume: 141,928
• 30 Day Avg. Volume: 238,234
• PEG Ratio: -0.32
• Price to Book (P/B): 3.73
• Price to Sales (P/S): 1.32
• P/FCF Ratio: 15.55
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹14.50
• Price Target Upside: 47.06% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 48 Neutral
• Price Target: ₹14.50 ▲(47.06% Upside)

Zee Media's overall stock score is primarily impacted by its financial challenges, reflected in negative profitability and net losses. Technical indicators suggest some short-term positive momentum, but long-term trends remain bearish. The negative P/E ratio and lack of dividend yield further weigh on the valuation perspective.

Zee Media Corp. Ltd. Business Overview & Revenue Model

Company Description

Zee Media Corp. Ltd. (ZEEMEDIA) is a prominent media and entertainment company based in India, primarily involved in broadcasting and digital content creation across various platforms. The company operates a network of television channels, offering a diverse range of programming that includes news, entertainment, and lifestyle content. ZEEMEDIA's core products include its flagship news channels, regional programming, and digital media offerings, catering to a wide audience and leveraging its extensive reach in the Indian market.

How the Company Makes Money

Zee Media Corp. Ltd. generates revenue through multiple streams, primarily advertising sales, subscription fees, and digital content monetization. The advertising revenue is substantial, as businesses pay to promote their products and services across ZEEMEDIA's television channels and digital platforms, taking advantage of the company's large viewer base. Subscription fees from cable and satellite operators also contribute to earnings, as these operators pay for access to ZEEMEDIA's channels. Additionally, the company engages in partnerships with various content providers and advertisers, enhancing its revenue potential through sponsored content and collaborations, thereby diversifying its income sources.

Zee Media Corp. Ltd. Financial Statement Overview

Summary

Zee Media faces significant challenges with profitability and revenue growth, as evidenced by a net loss and declining revenue. Despite a solid gross profit margin and positive cash flow from operations, the net losses and reduced equity signal financial instability.

Income Statement

Zee Media's income statement shows considerable volatility and challenges in profitability. The company's gross profit margin for 2025 stood at 42.17%, indicating efficiency in managing production costs. However, a net loss has been reported in recent years, highlighted by a net profit margin of -19.20% in 2025. Revenue has declined from 6.39 billion in 2024 to 6.22 billion in 2025, showing a negative growth rate of -2.56%. The lack of positive earnings before interest and taxes (EBIT and EBITDA margins) further reflects the company's struggle to manage operating expenses effectively.

Balance Sheet

The balance sheet indicates a mixed financial position. Zee Media has a debt-to-equity ratio of 0.79 in 2025, suggesting moderate leverage. However, a decrease in stockholders' equity from 2.89 billion in 2024 to 2.21 billion in 2025 raises concerns about diminishing financial stability. The equity ratio is 25.07% for 2025, which shows a reasonable level of equity financing but highlights potential risks if liabilities continue to increase.

Cash Flow

Although Zee Media has reported a decline in free cash flow from 616.71 million in 2024 to 529.20 million in 2025, it still maintains a positive operating cash flow. The cash flow from operations to net income ratio was negative due to net losses, but the free cash flow remains a positive indicator in the context of ongoing profitability challenges. The company shows resilience in managing capital expenditures, as seen in the free cash flow to net income ratio.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2023	Dec 2022	Dec 2020
Income Statement
Total Revenue	6.28B	6.22B	7.21B	6.38B	8.67B	6.32B
Gross Profit	3.17B	2.62B	2.18B	4.86B	7.37B	5.22B
EBITDA	-140.90M	-184.80M	481.05M	-196.82M	463.86M	-1.35B
Net Income	-1.18B	-1.19B	-688.03M	-984.24M	-1.18B	-2.71B
Balance Sheet
Total Assets	0.00	8.80B	8.73B	9.68B	9.72B	7.26B
Cash, Cash Equivalents and Short-Term Investments	142.20M	142.20M	413.80M	90.10M	270.35M	472.10M
Total Debt	0.00	1.74B	1.99B	2.46B	2.44B	1.80B
Total Liabilities	-2.21B	6.60B	4.85B	6.79B	5.16B	3.61B
Stockholders Equity	2.21B	2.21B	3.87B	2.89B	4.56B	3.65B
Cash Flow
Free Cash Flow	0.00	529.20M	384.71M	616.71M	1.32B	1.06B
Operating Cash Flow	0.00	635.30M	1.46B	769.44M	2.30B	1.64B
Investing Cash Flow	0.00	-73.00M	-976.82M	145.92M	-1.66B	-265.17M
Financing Cash Flow	0.00	-483.20M	-933.12M	-923.39M	-1.20B	-507.44M

Zee Media Corp. Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 9.86
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ZEEMEDIA, the sentiment is Negative. The current price of 9.86 is below the 20-day moving average (MA) of 11.40, below the 50-day MA of 12.11, and below the 200-day MA of 14.13, indicating a bearish trend. The MACD of -0.52 indicates Positive momentum. The RSI at 19.08 is Positive, neither overbought nor oversold. The STOCH value of 4.65 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ZEEMEDIA.

Zee Media Corp. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UFO	64 Neutral	₹2.71B	13.40	―	―	4.22%	105.77%
BAGFILMS	60 Neutral	₹1.36B	20.44	―	―	2.59%	10.70%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
SAMBHAAV	53 Neutral	₹1.51B	408.00	―	―	-1.16%	-85.54%
ZEEMEDIA	48 Neutral	₹6.17B	―	―	―	―	―
NDTV	38 Underperform	₹10.70B	―	―	―	21.53%	-307.34%