Zee Media Corporation Ltd.

NSE: ZEEMEDIA | BSE: 532794 | ISIN: INE966H01019 |Industry: Broadcasting & Cable TV
|Falling Comet
Durability score
55 /100
Valuation score
62 /100
Momentum score
26.8 /100
Market Capitalizati...
668.5 Cr.
AVG Broker Target
35.5
PE TTM Price to Ear...
7.8
Zee Media Corporation Ltd.    
25 Jan 2019
14.20
1.79%
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. has lost -41.68% in the last 3 Months
Zee Media Corporation Ltd.    
17 Oct 2018
14.20
1.79%
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 Corporatio.. has an average target of 35.50 from 2 brokers.
Zee Media Corporation Ltd.    
17 Oct 2018
14.20
1.79%
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....
default
Zee Media Corporation Ltd. has lost -50.61% in the last 6 Months
Zee Media Corporation Ltd.    
23 Jul 2018
14.20
1.79%
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 -50.61% in the last 6 Months
Zee Media Corporation Ltd.    
01 Feb 2018
14.20
1.79%
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 -41.44% in the last 1 Month
Zee Media Corporation Ltd.    
19 Jan 2018
14.20
1.79%
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...
Promoters pledge increased to 73.38% of holdings in Dec 2018 qtr.
Zee Media Corporation Ltd.    
19 Sep 2017
14.20
1.79%
default
Zee Media Corporation Ltd. has lost -50.61% in the last 6 Months