NSE: ZEEL | BSE: 505537

Strong Performer, Under Radar

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106.18 -3.13 (-2.86%)

30.01% Fall from 52W High

6.3M NSE+BSE Volume

NSE 17 Oct, 2025 10:16 AM (IST)

10,198.8

Market Cap

Market Runner Up

1.2

Beta 1Year

High Volatility

Margin Decline

Zee's Q2 EBITDA margin contracts 8.2% points YoY; net profit misses Forecaster estimates by 35.3% See details

Zee Entertainment Enterprises Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for ZEEL, BSE:505537 Zee Entertainment Enterprises Ltd.

Zee Entertainment Enterprises Ltd.

23 Sep 2021

106.18

-2.86%

Event Update - Synergy from SPNI merger to drive re-rating - BUY

Buy: Zee Entertainment Enterpri...

Target

Prabhudas Lilladhar

Puneet Goenka to continue as MD&CEO; for 5 years with promoter family having an option to increase stake from 4% to 20%. ZEEL's proposed merger with SPNI is a win-win situation, as it will likely 1) result in material revenue synergies (~6-10% due to better scale & reach) 2) drive growth, as merged entity will have cash ammunition of US$1.7bn to fund digital ambitions and 3) absolve uncertainty surrounding board room...

Zee Entertainment Enterprises Ltd. is trading below all available SMAs

Zee Entertainment Enterprises Ltd.

23 Sep 2021

106.18

-2.86%

Zee Entertainment

Hold: Zee Entertainment Enterpri...

Target

ICICI Securities Limited

About the stock: Zee Entertainment (Zee) is one of the largest listed media The Goenka's (current Zee promoter) stake shall remain at 4% in the combined entity, will incremental 2% to be given by SPNI for non-compete....

Zee Entertainment Enterprises Ltd. is trading below all available SMAs

Zee Entertainment Enterprises Ltd.

15 Sep 2021

106.18

-2.86%

Event Update - Boardroom re-jig and ZEE5 to drive re-rating - BUY

Buy: Zee Entertainment Enterpri...

Target

Prabhudas Lilladhar

ZEE5 is showing improving traction and can lead to re-rating over time. ~18% in equity have called for an EGM to reconstitute the current board. current MD&CEO.; Further, institutional investors have also suggested inducting six new names into the board. While the existing management had taken steps to improve corporate governance & disclosure practices, given...

Zee Entertainment Enterprises Ltd. is trading below all available SMAs

Zee Entertainment Enterprises Ltd.

08 Aug 2021

106.18

-2.86%

Zee Entertainment

Hold: Zee Entertainment Enterpri...

Target

ICICI Securities Limited

Revenues at | 1,775 crore were up 35.3 YoY, down ~10% QoQ, with ad revenues up 120% YoY to | 927 crore, on a depressed base of Q1FY21 but down 20% QoQ. Overall subscription revenues grew 2% YoY to | 813 crore,...

Zee Entertainment Enterprises Ltd. has lost -26.35% in the last 3 Months

Zee Entertainment Enterprises Ltd.

07 Aug 2021

106.18

-2.86%

Weak recovery, viewership loss; margin guidance cut for second quarter in a row

Neutral: Zee Entertainment Enterpri...

Target

Motilal Oswal

We revise down our EBITDA/PAT estimate by 12% for both FY22/FY23 for the second straight quarter (after last quarter's 57% cut), factoring in FY23 EBITDA at 16% above FY20 levels as weak recovery, coupled with an intensifying content spend, should hurt earnings. Maintain Neutral. Consolidated revenues grew 35% YoY to INR17.7b (-10% QoQ; 5% beat), as ad revenue was up 2.2x YoY, driven by the lower impact of the second COVID wave v/s the first wave. Compared with pre-COVID levels (1QFY20), domestic ad revenues were lower by 22.7%....

Number of FII/FPI investors increased from 299 to 327 in Jun 2025 qtr.

Zee Entertainment Enterprises Ltd.

07 Aug 2021

106.18

-2.86%

Q1FY22 Result Update - Delay in ad-recovery to overweigh margins - BUY

Buy: Zee Entertainment Enterpri...

Target

Prabhudas Lilladhar

Network share drops to 17% due to disruption caused by lockdown and soft performance in markets like Hindi, Marathi and Tamil. We cut our EPS estimates by 20%/9% for FY22/FY23 respectively as recovery in domestic ad-revenues has been delayed (ad-revenues in FY22 can more or less be a replica of FY20 versus earlier expectation of double digit growth). Delayed recovery is likely to drag margins given the ongoing investment drive in digital, movies and linear TV (Hindi, Marathi and Tamil content to be...

Zee Entertainment En.. has an average target of 157.00 from 6 brokers.

Zee Entertainment Enterprises Ltd.

01 Jul 2021

106.18

-2.86%

Ashika - Stock Picks - Zee Entertainment Enterprises Ltd. - July 2021

Buy: Zee Entertainment Enterpri...

Target

Ashika Research

Zee Entertainment En.. has an average target of 157.00 from 6 brokers.

Zee Entertainment Enterprises Ltd.

25 May 2021

106.18

-2.86%

ZEE ENTERTAINMENT ENTERPRISES LTD

Buy: Zee Entertainment Enterpri...

Target

Geojit BNP Paribas

Due to uncertainties in the economic climate, management decided to scale down its investments in Sugarbox for the foreseeable future. We remain optimistic on the stock, as company expects double digit growth in ads business, while OTT platform should support strong growth in the subscription business. We reiterate our BUY rating on the stock with rolled forward target price of Rs. 233 based on 13x FY23 adj. EPS. Ads and subscription revenue supports topline Consolidated revenue rose 0.8% YoY to Rs. 1,966cr, with Advertisement revenue...

Zee Entertainment Enterprises Ltd. is trading below all available SMAs

Zee Entertainment Enterprises Ltd.

21 May 2021

106.18

-2.86%

Zee Entertainment

Hold: Zee Entertainment Enterpri...

Target

ICICI Securities Limited

Ad recovery to be function of pandemic tail The management expects ad revenues to witness double digit growth (over FY20 levels) provided the Covid second wave tapers soon. The company also indicated there would be some weakness in ad revenues in Q1 due to second wave and original programming for broadcasting business is remaining only for a few days for both Hindi as well as regional channels. We bake ~23% CAGR in ad revenues in FY21-23E on a depressed base of FY21 wherein ad revenues declined 20%. The company expects...

Number of FII/FPI investors increased from 299 to 327 in Jun 2025 qtr.

Zee Entertainment Enterprises Ltd.

20 May 2021

106.18

-2.86%

Encouraging revenue trends; but margin guidance cut

Neutral: Zee Entertainment Enterpri...

Target

Motilal Oswal

We have revised down our FY22E/FY23E EBITDA/PAT by ~7%/5% on reduced margin guidance due to increased content investment in both broadcasting and the digital business. Lower investment guidance towards Sugarbox is a key positive. Maintain Neutral....

Zee Entertainment Enterprises Ltd. has lost -26.35% in the last 3 Months

Is Zee Entertainment Enterprises Ltd. worth buying?

1245 Votes:

Buy 75.5%

Sell 14.78%

Hold 9.72%

RESEARCH REPORTS

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