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

• Market Cap: ₹6.26B
• Dividend Yield: N/A
• Average Volume (3M): 238.23K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.67
• Revenue Growth: 3.58%
• EPS Growth: 18.64%
• Country: IN
• Employees: 1,774
• Sector: Services
• Sector Strength: N/A
• Industry: Broadcasting
• EPS (TTM): -0.25
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 43 Neutral
• Price Target: ₹9.00 ▼(-6.74% Downside)

Zee Media's overall stock score is primarily impacted by its financial performance and technical analysis. The company faces significant profitability challenges and declining revenues, which are reflected in its financial scores. Technical indicators suggest bearish momentum, with the stock trading below key moving averages and showing oversold conditions. The negative P/E ratio further highlights valuation concerns. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Cash Flow Management

Maintaining positive operating cash flow indicates strong cash management, providing financial flexibility and resilience amid profitability challenges.

Gross Profit Margin

A strong gross profit margin reflects efficient cost management, which can support future profitability as the company navigates revenue challenges.

Revenue Diversification

Diversified revenue streams reduce dependency on a single source, enhancing stability and potential for growth in varying market conditions.

Negative Factors

Declining Revenue

A declining revenue trend indicates challenges in market competitiveness and demand, potentially impacting long-term growth and profitability.

Net Losses

Persistent net losses reflect ongoing operational inefficiencies, which may hinder investment in growth initiatives and affect financial health.

Decreased Equity

Decreasing equity suggests financial instability, limiting the company's ability to leverage for growth and increasing vulnerability to financial stress.

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 in profitability and revenue growth. Despite a strong gross profit margin, persistent net losses and declining revenues highlight ongoing operational struggles. The balance sheet reflects moderate leverage but decreased equity, signaling potential financial instability. Cash flow from operations remains positive, providing some reassurance amid profitability issues.

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 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.28B	6.22B	6.38B	7.21B	8.67B	6.49B
Gross Profit	3.17B	2.62B	4.86B	2.18B	7.37B	5.62B
EBITDA	-140.90M	-184.80M	-196.82M	481.05M	463.86M	2.11B
Net Income	-1.18B	-1.19B	-984.24M	-688.03M	-1.18B	757.41M
Balance Sheet
Total Assets	0.00	8.80B	9.68B	8.73B	9.72B	11.05B
Cash, Cash Equivalents and Short-Term Investments	142.20M	142.20M	90.10M	413.80M	270.35M	819.59M
Total Debt	0.00	1.74B	2.46B	1.99B	2.44B	3.66B
Total Liabilities	-2.21B	6.60B	6.79B	4.85B	5.16B	5.73B
Stockholders Equity	2.21B	2.21B	2.89B	3.87B	4.56B	5.32B
Cash Flow
Free Cash Flow	0.00	529.20M	616.71M	384.71M	1.32B	787.80M
Operating Cash Flow	0.00	635.30M	769.44M	1.46B	2.30B	1.23B
Investing Cash Flow	0.00	-73.00M	145.92M	-976.82M	-1.66B	-435.51M
Financing Cash Flow	0.00	-483.20M	-923.39M	-933.12M	-1.20B	-289.78M

Zee Media Corp. Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 9.65
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ZEEMEDIA, the sentiment is Neutral. The current price of 9.65 is above the 20-day moving average (MA) of 9.58, below the 50-day MA of 10.56, and below the 200-day MA of 12.96, indicating a neutral trend. The MACD of -0.31 indicates Negative momentum. The RSI at 46.48 is Neutral, neither overbought nor oversold. The STOCH value of 69.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	70 Outperform	₹3.17B	11.01	―	―	5.07%	409.07%
SAMBHAAV	58 Neutral	₹1.85B	―	―	―	-4.53%	-100.15%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
BAGFILMS	53 Neutral	₹1.37B	20.58	―	―	10.86%	249.20%
ZEEMEDIA	43 Neutral	₹6.26B	-5.31	―	―	3.58%	18.64%
NDTV	40 Underperform	₹9.60B	―	―	―	19.53%	-138.48%

Zee Media Corp. Ltd. Corporate Events

Zee Media Updates RTA Email for Investor Correspondence

Zee Media Corporation Limited has announced a change in the email address of its Registrar and Share Transfer Agent, MUFG Intime India Private Limited, for investor-related correspondence. This update aims to streamline communication with shareholders, while other contact details remain unchanged, ensuring continued efficient service for stakeholders.

Zee Media Conducts Postal Ballot for Key Resolutions

Zee Media Corporation Limited conducted a postal ballot through remote electronic voting to seek shareholder approval for several key resolutions, including the re-appointment of Mr. Susanta Kumar Panda as an Independent Director and Mr. Dinesh Kumar Garg as a Whole Time Director, as well as the payment of commission to Non-Executive Directors. The process, facilitated by NSDL, was conducted transparently under the scrutiny of Ms. Neelam Gupta. The results will be displayed on the company’s and NSDL’s websites, ensuring stakeholders are informed of the outcomes.