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Zee Entertainment Enterprises Limited (ZEEL) Fair Value & Analysis

Communication Services · IN · Market cap ₹103B

ZE Zee Entertainment Enterprises Limited ZEEL · NSE
Price₹107.16
Fair Value₹58.32
Upside-45.6%
Quality57/100
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Evidence: High Range ₹37.25 – ₹76.03

Fair value as of: Jul 3, 2026

From 26 valuation models · updated today

Share price +11.2% over the past month.

Price vs Fair Value (12 months)

₹147.19 ₹69.74 Fair Value ₹58.32 Jul 2025 Jul 2026

12‑month range ₹69.74 – ₹147.19 · fair‑value band ₹37.25 – ₹76.03 · the ₹107.16 price screens above the ₹58.32 fair value. As of Jul 3, 2026.

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Analysis

Zee Entertainment Enterprises Limited (ZEEL) currently trades at ₹107.16, while our model-based Fair Value estimate is ₹58.32 — implying the stock looks roughly 45.6% overvalued today. We read business quality at 57/100 (solid quality), in the Communication Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Zee Entertainment Enterprises Limited generated revenue of ₹81.0B at a net margin of 3.4%. Revenue declined 7.3% year over year. It earns a return on equity of 2.3%. The balance sheet holds a net cash position of ₹12.3B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹81.0B
Revenue growth (YoY) -7.3%
Net margin 3.4%
Return on equity 2.3%
Free cash flow ₹6.0B FY2026
P/E ratio 38.0
More key figures
Operating margin -15.6%
EPS (TTM) ₹2.82
Dividend yield 1.9%
EPS growth (YoY) -4.7%
Net cash ₹12.3B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Zee Entertainment Enterprises Limited, together with its subsidiaries, engages in broadcasting satellite television channels and digital media in India and internationally. The company broadcasts Hindi general entertainment channels, such as Zee TV, Zee TV HD, &tv, &tv HD, Zing, BIG Magic, and Zee Anmol; Hindi movie channels comprising Zee Anmol Cinema, Zee Cinema, Zee Action, Zee Classic, &pictures, and Zee Bollywood, as well as Zee Cinema HD, &xplor HD, and &pictures HD; and regional entertainment channels, including Zee Marathi, Zee Yuva, Zee Bangla, Zee Tamil, Zee Telegu, Zee Kannada, Zee Sarthak, Zee Ganga, Zee Talkies, Zee Bangla Cinema, Zee Bioskop, Zee Marathi HD, Zee Talkies HD, Zee Telugu HD, and Zee Bangla HD. It also broadcasts Zee Café, Zee Café HD, &privé HD, Zee Studio, &flix, &flix HD, Zeezest, Zeezest HD, Zee TV Canada, Zee TV Caribbean, Zee Magic, Zee World, Zee One, and Zee Bollymovies. In addition, it produces and distributes movies through Zee Studios and Zee …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Zee Entertainment Enterprises Limited reported revenue of ₹81.0B in FY2026 versus ₹81.8B in FY2022, a compound −0.3%/yr. Reported net income was ₹2.7B in FY2026, compounding −27.2%/yr from FY2022.

Revenue −0.3%/yr
FY22 ₹81.8B
FY23 ₹80.9B
FY24 ₹86.4B
FY25 ₹82.9B
FY26 ₹81.0B
Net income −27.2%/yr
FY22 ₹9.6B
FY23 ₹478M
FY24 ₹1.4B
FY25 ₹6.8B
FY26 ₹2.7B

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Frequently asked questions

Is Zee Entertainment Enterprises Limited (ZEEL) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹58.32 versus a price of ₹107.16 — about −46% (overvalued). Model-based estimate, not financial advice.
What is the fair value of ZEEL?
Our model-based fair value for Zee Entertainment Enterprises Limited is ₹58.32 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹107.16.
What is the quality score of ZEEL?
Zee Entertainment Enterprises Limited has a Quality Score of 57/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Zee Entertainment Enterprises Limited (ZEEL)?
Zee Entertainment Enterprises Limited reported trailing-twelve-month revenue of about ₹81.0B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of ZEEL?
The net profit margin of Zee Entertainment Enterprises Limited is about 3.4%, meaning it keeps roughly 3.4% of revenue as net income. Based on the latest reported figures.
Does Zee Entertainment Enterprises Limited pay a dividend?
Zee Entertainment Enterprises Limited currently shows a dividend yield of about 1.85% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.