Durability score
45 /100
Valuation score
29 /100
Momentum score
22.8 /100
Market Capitalizati...
414.3 Cr.
AVG Broker Target
26
PE TTM Price to Ear...
-26.1
Zee Media Corporation Ltd.    
08 Aug 2019
8.80
-3.30%
ICICI Securities Limited
Owing to debt levels at promoter level, Zee Media along with other group companies' shares were pledged. In January 2019, 72.92% of promoter's 67.02% stake of Zee Media Corp was also pledged, after which there was a sale of shares by some lender/promoter over the said concerns. Currently, promoter holding in Zee Media as of June 2019 is at 55.12%, out of which 93.55% is pledged. We also note the uncertainty faced by Zee Media (saw a sharp correction of 63% in stock price last year). Moreover, promoters also made clear what their priority would be given Zee Entertainment and Dish...
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Zee Media Corporation Ltd. is trading below it's 30 day SMA of 11.32
Zee Media Corporation Ltd.    
25 Jan 2019, 12:00AM
8.80
-3.30%
Prabhudas Lilladhar
Regional channels reported an EBITDA margin of ~27% in 9MFY19 (above market benchmark and higher than ~25% margin reported by national channels over the same period). ZMCL reported topline growth of 22.7% YoY to Rs1,942.2mn led by strong performance across national & regional channels aided by election tailwind and delayed festivities. In the national bouquet, Zee News witnessed a yield increase of ~3% QoQ while Zee Business' market share during stock market hours increased to 35.5% in 3QFY19. Within the regional bouquet, Zee MPCG...
Zee Media Corporation Ltd. is trading below it's 30 day SMA of 11.32
Zee Media Corporation Ltd.    
17 Oct 2018
8.80
-3.30%
Prabhudas Lilladhar
ZMCL reported topline/adjusted bottom-line growth of 35.5%/138.7% YoY led Change in Estimates | Target | Reco increase in effective rate (ER) and inventory utilization (regional channels),...
Zee Media Corporation Ltd. has lost -43.04% in the last 6 Months
Zee Media Corporation Ltd.    
17 Oct 2018
8.80
-3.30%
ICICI Securities Limited
We, had come out with Idirect Instinct on Zee Media (ZMCL) in September, 2017. As a recent development, the company confirmed that due to expiry of the MoU signed between the company and Big FM for acquisition of radio channels, the deal stands called-off as of now and we exclude the radio valuations from our target price. Nevertheless, we highlight that ZMCL is in a sweet spot after de-merger of loss making print business and sale of online shopping business. Moreover, it remains a quasi-play on elections (both states and national) given its respectable no....
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ICICI Securities Limited decreased Buy price target of Zee Media Corporation Ltd. to 14.0 on 08 Aug, 2019.
Zee Media Corporation Ltd.    
23 Jul 2018
8.80
-3.30%
Prabhudas Lilladhar
Zee News, flagship channel of ZMCL, is clocking highest average time spent (ATS) by viewers for more than a year. It also achieved number one position for four consecutive weeks during the quarter. Current average effective rate...
Zee Media Corporation Ltd. has lost -36.69% in the last 3 Months
Zee Media Corporation Ltd.    
01 Feb 2018
8.80
-3.30%
Prabhudas Lilladhar
Zee Media Corporation Ltd (ZMCL) reported strong set of numbers for 3QFY18 buoyed by elections in the state of Gujarat and Himachal Pradesh. While the standalone topline increased 47.4% YoY, EBITDA ballooned to Rs386 mn (up 101.4%YoY)ascostofnewchannellaunches(Zee24Kalak,ZeeSalaametc)were...
Zee Media Corporation Ltd. has lost -26.97% in the last 1 Month
Zee Media Corporation Ltd.    
19 Jan 2018
8.80
-3.30%
Prabhudas Lilladhar
Why do we like ZMCL? ............................................................................................... 4 Investment thesis ....................................................................................................... 6 Earnings to explode after acquisition of the radio business ............................................................. 6 Revenue assumptions for RBNL....................................................................................................... 11 Margin assumptions for RBNL ......................................................................................................... 11 Is BS put to grave risk by the radio acquisition? .............................................................................. 12 Recent policy changes bode well for growth of the radio industry................................................. 13 Entry into radio market complements the existing broadcasting business .................................... 15...
Zee Media Corporation Ltd. has lost -26.97% in the last 1 Month
Zee Media Corporation Ltd.    
19 Sep 2017
8.80
-3.30%
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ICICI Securities Limited decreased Buy price target of Zee Media Corporation Ltd. to 14.0 on 08 Aug, 2019.