ZEEL Share Price Target 2024-2030 Today Update, Business Profile, Fundamentals & Quarterly Results

ZEE Entertainment, the main in an upward direction coordinated organization in media and diversion in India works under its great many brands; ZEE television, Zee Film, Zee Music, Zee Grin, Zee Activity, Ten Games, Zee Sports alongside a few others in various dialects. Yet, then again, there are more regions past TV channels where Zee has interests through adventures like Kidzee and ZIMA in addition to ZED under its overlay. Zee is said to be the most popular entertainment network in India because it claims that seven out of every ten people who watch television watch its shows weekly.

ZEEL Share Price Target 2024-2030

Zee Entertainment is fundamentally engaged with the accompanying: Satellite TV stations Broadcasting; going about as a specialist for different stations selling space on satellite TV, and media content Deal (like projects/films/melodic freedoms/takes care of). In more than 20 languages, the company provides 48 national and 41 international channels. Over 5,000 movies are in their collection. Over 1.3 billion individuals overall watch their substance consistently.

ZEEL Share Price Target Today Update

• ZEE Entertainment’s “ZEE NSE” statement made it clear that the company has not entered into any merger agreements with Sony Entertainment. In its Report, the Financial Times has cited through its sources saying ” ZEEL has reconnected with Sony Corp to restore the $10 billion consolidation.
• In the midst of the fall of the offer cost of ZEEL’ news reports have surfaced about SEBI finding a $241 million (2,000 cr INR) missing from the organization’s record.
• On the day, the ZEE Entertainment Share lost 10%. Due to SEBI reports of irregularities in the company’s accounts, the share price of Zee Entertainment was locked in a 10% circuit.

About ZEEL Company

The Zee Entertainment Enterprises Limited (ZEEL) is one of India’s chief media and diversion monsters, zeroing in on communicating administrations. The Zee Entertainment Enterprises Limited (ZEEL) was established in 1992 and is the nation’s first private satellite television channel. The ZEEL industry now spans the globe and is seen by more than a billion people on both digital platforms and conventional television. ZEEL takes special care of the huge substance library with these channels: Zee television, Zee Activity, Zee Film, Zee Exemplary, Zee Bistro, Zee Studio, See Marathi, Zee Bangla, Zee Telugu, and Zee Kannada.

ZEEL Latest News

“ZEEL’s Zee NSE’ confirms that it did not close any merger deal with Sony Entertainment,” according to an Economic Times report, citing unidentified sources. In addition, the report mentions that ZEEL “has re-engaged negotiations with Sony Corp’ to revive the “$10 billion” merger.” After SEBI discovered discrepancies in ZEEL’s financial statements, the company’s stock has experienced a sharp decline in its share price. As per the report, SEBI found a Rs 2.000 crore error in the records of ZEEL, which adds up to US$241 million.

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ZEE Business Profile

Initially established in 1982 by India’s media big shot, Subash Chandra, ZEE Entertainment is one of the world’s greatest suppliers of content that provides food for north of a billion group interfacing through many classes, dialects as well as stages. It has put into broadcast and computerized business; motion pictures and music and live occasions at Zeel.

• International Footprint: Zeel turned into the principal Indian Entertainment Company to send off a worldwide channel, covering 170 nations with 41 channels. In addition, there are nine channels available in languages other than Indian.
• Broadcasting Business: With 18.4%+, Zee commands the majority of India’s entertainment audience. It serves in 11 languages, making it the country’s largest language reach and India’s top entertainment network.
• Digital Business: The company launched ZEE5 and has carried out more than 100 Unique Shows and Films over the most recent two years to stay aware of major OTT stages; ZEE 5 – a contender: With a 33% commitment towards all out promotion spends this year alone; computerized Business is positioned second after TV regarding publicizing incomes during CY21.
• Music business: Zee Music, which was established in 2014 as a platform for music publishing, has grown to become one of the country’s leading music labels by producing 1,000 songs annually and acquiring 50% of all new Bollywood music. It has north of 7000 tunes in its list and is the second, fourth most bought in YouTube feed locally and globally.
• Debt Burden and Governance: Subash Chandra worked for the Essel group, of which Zeel was the flag company and owed 11,000 million dollars. The initiators obtained loans by selling the majority of their Zeel shares and using 36% of their shares as collateral. From 41.5% in 2018, their extent had dropped to 3.99% as of March 2023.

ZEEL Share Fundamentals & Quarterly Results

Parameter	Value
Market Cap	₹ 14,831 Cr.
Current Price	₹ 154
High / Low	₹ 300 / 126
Stock P/E	45.7
Book Value	₹ 113
Dividend Yield	0.00 %
ROCE	6.62 %
ROE	3.01 %
Face Value	₹ 1.00
Debt to Equity	0.02
Debt Capacity	0.19
Debt Preceding Year	₹ 282 Cr.
Debt	₹ 230 Cr.
Reserves	₹ 10,777 Cr.
EPS	₹ 1.47
EPS Last Year	₹ 1.47
Pledged Percentage	5.38 %
FCF Prev Ann	₹ -127 Cr.
EV/EBITDA	13.3
Industry PE	45.7
PEG Ratio	-1.68
Piotroski Score	8.00
Earnings Yield	5.27 %
Sales Growth (5 Years)	1.71 %

ZEEL Quarterly Results

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Sales (₹ Cr)	2,322	1,843	2,024	2,109	2,112	1,984	2,438	2,046	2,170
Expenses (₹ Cr)	1,797	1,575	1,709	1,737	1,960	1,825	2,105	1,836	1,960
Operating Profit (₹ Cr)	525	268	315	372	152	159	333	209	210
OPM %	23%	15%	16%	18%	7%	8%	14%	10%	10%
Other Income (₹ Cr)	-99	-20	-54	-187	-199	-113	-55	-27	-11
Interest (₹ Cr)	38	8	10	13	40	23	23	18	7
Depreciation (₹ Cr)	60	71	74	84	83	79	77	76	77
Profit Before Tax (₹ Cr)	328	169	177	88	-170	-57	177	87	115
Tax %	45%	37%	36%	72%	-15%	6%	31%	33%	88%
Net Profit (₹ Cr)	182	107	113	24	-196	-53	123	59	13
EPS (₹)	1.89	1.11	1.18	0.25	-2.04	-0.56	1.28	0.61	0.14

CAGR Report

Metric	10 Years	5 Years	3 Years	1 Year/TTM
Compounded Sales Growth	7%	2%	4%	7% (TTM)
Compounded Profit Growth	-10%	-27%	-28%	763% (TTM)
Stock Price CAGR	-6%	-15%	-11%	-11%
Return on Equity	11%	6%	4%	3% (Last Year)

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ZEEL Shareholding Pattern

Category	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Promoters (%)	43.07%	41.62%	38.20%	4.77%	3.99%	3.99%	3.99%	3.99%
FIIs (%)	46.35%	41.38%	44.96%	68.27%	64.15%	47.86%	36.39%	19.18%
DIIs (%)	4.38%	10.61%	11.23%	10.91%	12.40%	24.19%	38.03%	35.30%
Government (%)	0.07%	0.19%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%
Public (%)	6.12%	6.20%	5.46%	15.91%	19.31%	23.81%	21.43%	41.38%
No. of Shareholders	96,375	91,846	1,10,555	1,81,587	2,70,563	4,03,885	4,14,815	6,27,625

ZEEL Share Price Target 2024-2030 Forecast

Year	Initial Target	Mid-Year Target	Year-End Target
2024	₹322.22	₹381.62	₹417.26
2025	₹426	₹401	₹478
2026	₹488	₹459	₹548
2027	₹559	₹525	₹627
2028	₹640	₹602	₹719
2029	₹733	₹689	₹824
2030	₹840	₹790	₹944

ZEEL Share Price Target 2025

Month	Target
January	₹426
February	₹435
March	₹444
April	₹429
May	₹415
June	₹401
July	₹417
August	₹434
September	₹451
October	₹460
November	₹469
December	₹478

ZEEL Share Price Target 2026

Month	Target
January	₹488
February	₹498
March	₹508
April	₹491
May	₹475
June	₹459
July	₹477
August	₹496
September	₹516
October	₹526
November	₹537
December	₹548

ZEEL Share Price Target 2027

Month	Target
January	₹559
February	₹570
March	₹581
April	₹562
May	₹543
June	₹525
July	₹546
August	₹568
September	₹591
October	₹603
November	₹615
December	₹627

ZEEL Share Price Target 2028

Month	Target
January	₹640
February	₹653
March	₹666
April	₹644
May	₹623
June	₹602
July	₹626
August	₹651
September	₹677
October	₹691
November	₹705
December	₹719

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ZEEL Share Price Target 2029

Month	Target
January	₹733
February	₹748
March	₹763
April	₹738
May	₹713
June	₹689
July	₹717
August	₹746
September	₹776
October	₹792
November	₹808
December	₹824

ZEEL Share Price Target 2030

Month	Target
January	₹840
February	₹857
March	₹874
April	₹845
May	₹817
June	₹790
July	₹822
August	₹855
September	₹889
October	₹907
November	₹925
December	₹944

Points Before Investing in ZEEL NSE Stock

• However, ZEE Entertainment Company has been paying off its debt, offering investors a glimmer of hope for the years to come.
• Specialists’ perspectives could change on ZEE Entertainment because of its endeavors towards being without obligation.
• The financial situation of ZEE Entertainment Enterprises Limited demonstrates that investing in ZEEL: NSE stock remains a risky proposition.
• Net income and EBITDA for the year 2023 have both decreased by -43.41% and 95.04%, respectively. Additionally, NSE ZEEL revenue in 2023 is down -1.19 percent year over year.

Final Words

Over the course of its most recent five years of trading on the Public Stock Exchange (NSE), ZEEL’s share price has decreased by 63%. Since January 23, 2024, NSE ZEEL has been moving in a positive heading. The ZEE Entertainment Share’s performance has disappointed investors. ZEE Entertainment is India’s most noteworthy in a vertical bearing composed association in the media and entertainment. Beside these channels, ZEE Entertainment Endeavors Ltd is moreover into various regions with portfolios named Kidzee, ZIMA ZED.