| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 2,225 | 1,969 | +13.0% |
| EBITDA | 85.8 | 159 | −46.0% |
| EBITDA margin | 3.9% | 8.1% | −4.2 pts |
| Profit before tax | 63.1 | 115 | −45.3% |
| Net profit | 45.6 | 76.5 | −40.4% |
| EPS | ₹0.50 | ₹0.79 | −36.7% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 6,288 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 1,737 | 2,028 | 1,877 | 1,113 | 718 | ||
| −6.0 | −1.8 | 0.0 | 0.0 | 0.0 | ||
| 178 | 178 | 160 | 5.5 | 5.9 | ||
| 4,723 | — | — | — | — | ||
| 8,437 | 8,099 | 8,294 | 8,637 | 8,088 | ||
| — | −2.4% | −4.0% | +6.8% | — | ||
| 186 | 399 | 1,212 | 911 | 1,107 | ||
| 2.2% | 4.9% | 14.6% | 10.6% | 13.7% | ||
| −1.1 | 182 | 934 | 602 | 794 | ||
| 171 | 271 | 680 | 141 | 47.8 | ||
| 2.0% | 3.4% | 8.2% | 1.6% | 0.6% | ||
| ₹1.84 | ₹2.84 | ₹7.07 | ₹1.47 | ₹0.50 | ||
| — | −59.8% | +380.4% | +195.9% | — | ||
| — | 708 | 1,186 | 714 | 129 | ||
| — | −160 | −91.6 | −131 | −268 | ||
| 548 | 548 | 1,094 | 584 | −139 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 6,287.8 | |
| - Cash, Equiv & ST Investments | 717.9 | 1,113.1 | 1,876.8 | 2,028.1 | 1,736.5 | |
| + Minority Interest | 0.0 | 0.0 | 0.0 | -1.8 | -6.0 | |
| + Total Debt | 5.9 | 5.5 | 160.1 | 177.7 | 177.7 | |
| Enterprise Value | — | — | — | — | 4,723.0 | |
| Revenue | 8,087.9 | 8,637.2 | 8,294.1 | 8,098.9 | 8,436.8 | |
| Growth %, YoY | — | +6.8 | -4.0 | -2.4 | — | |
| EBITDA | 1,106.9 | 911.0 | 1,212.1 | 398.7 | 186.2 | |
| Margin % | 13.69 | 10.55 | 14.61 | 4.92 | 2.21 | |
| EBIT | 794.2 | 601.9 | 933.6 | 181.5 | -1.1 | |
| Net Income | 47.8 | 141.4 | 679.5 | 271.3 | 171.0 | |
| Margin % | 0.59 | 1.64 | 8.19 | 3.35 | 2.03 | |
| EPS, Adj (current shares) | 0.50 | 1.47 | 7.07 | 2.84 | 1.84 | |
| Growth %, YoY | — | +195.9 | +380.4 | -59.8 | — | |
| Cash from Operations | 129.1 | 714.3 | 1,186.0 | 708.1 | — | |
| Capital Expenditures | -267.6 | -130.5 | -91.6 | -160.4 | — | |
| Free Cash Flow | -138.6 | 583.8 | 1,094.4 | 547.7 | 547.7 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Zee Entertainment Enterprises (NSE: ZEEL) had a market capitalisation of ₹6,381 crore at the 30 October 2026 close (₹66.40 a share), a PE ratio of 36.1 on the last four quarters' profit and a price-to-book ratio of 0.51. In FY26 its consolidated net profit attributable to shareholders was ₹273 crore on revenue of ₹8,099 crore; in Q2 FY27 (July–September 2026) it was ₹47.8 crore, down 37.5% year on year. Its debt-to-equity ratio was 0.00 on 30 September 2026. Promoters held 3.99% of the shares on 30 September 2026.
Zee Entertainment Enterprises' PE ratio is 36.1 at the 30 October 2026 close (₹66.40 a share): a market capitalisation of ₹6,381 crore divided by consolidated net profit attributable to shareholders of ₹177 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit attributable to shareholders (₹273 crore) it is 23.4.
Zee Entertainment Enterprises' price-to-book (PB) ratio is 0.51 at the 30 October 2026 close: a market capitalisation of ₹6,381 crore divided by shareholders' equity (book value) of ₹12,405 crore on 30 September 2026. That is a book value of ₹129.09 per share against a share price of ₹66.40.
Zee Entertainment Enterprises' net worth — shareholders' equity in its consolidated balance sheet — was ₹12,405 crore on 30 September 2026, up 7.1% from ₹11,585 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹6,381 crore at the 30 October 2026 close.
Zee Entertainment Enterprises' market capitalisation was ₹6,381 crore at the 30 October 2026 close: 96.1 crore shares at ₹66.40 each.
No. Zee Entertainment Enterprises had borrowings of ₹3 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.00. Its cash and current investments were ₹2,569 crore, so it held net cash of ₹2,566 crore.
Zee Entertainment Enterprises' basic earnings per share (EPS) were ₹2.82 in FY26, against ₹7.08 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹1.83.
Zee Entertainment Enterprises' debt-to-equity ratio was 0.00 on 30 September 2026: borrowings of ₹3 crore against total equity of ₹12,399 crore. A year earlier, on 30 September 2025, it was 0.01.
Zee Entertainment Enterprises' book value per share was ₹129.09 on 30 September 2026: shareholders' equity of ₹12,405 crore divided by the 96.1 crore shares in issue, up 7.1% from ₹120.55 a year earlier. The share price at the 30 October 2026 close was ₹66.40.
Promoters held 3.99% of Zee Entertainment Enterprises on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Zee Entertainment Enterprises' return on equity (ROE) was 2.4% and its return on capital employed (ROCE) was 1.5%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 6.1% and ROCE 8.1%.
On 30 September 2026, Zee Entertainment Enterprises' shares were held by promoters 3.99%, foreign portfolio investors (FII/FPI) 18.08%, domestic institutions (DII) 7.33% (including mutual funds at 3.25%) and retail and other non-institutional investors 70.60%. Over the year, FII holding was down 7.34 percentage points from 25.42% and DII holding was down 6.70 percentage points from 14.03%.
Zee Entertainment Enterprises' latest results are for Q2 FY27 (July–September 2026), filed on 30 October 2026: consolidated net profit attributable to shareholders ₹47.8 crore, down 37.5% from ₹76.5 crore in Q2 FY26; revenue from operations ₹2,225 crore, up 13.0% year on year.
Zee Entertainment Enterprises' dividend yield is 3.01% at the 30 October 2026 close: dividends of ₹2 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹66.40. They were ₹2 on 10 September 2026.
In FY26, Zee Entertainment Enterprises generated ₹708 crore of cash from operations and spent ₹160 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹548 crore. In FY25 it was ₹1,094 crore.
Zee Entertainment Enterprises has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
In 2026, Zee Entertainment Enterprises has declared one dividend: ₹2 with record date 10 September 2026.
In FY26 (April 2025–March 2026), Zee Entertainment Enterprises' consolidated net profit attributable to shareholders was ₹273 crore, down 59.8% from ₹680 crore in FY25, on revenue from operations of ₹8,099 crore (down 2.4%). Over three years, from FY23, net profit was up 471.5%.
At the 30 October 2026 closing prices, on FY26 net profit attributable to shareholders, Zee Entertainment Enterprises' PE ratio is 23.4, the third highest of the four: Sun TV Network 16.6, Network18 Media & Investments 23.9 and Saregama India 51.1, a peer average of 30.5. Each is the company's market capitalisation at that price divided by its FY26 net profit.
On FY26 consolidated figures, against Sun TV Network, Network18 Media & Investments and Saregama India: Zee Entertainment Enterprises' operating margin of 2.2% is the third highest of the four (Sun TV Network 34.4%, Network18 Media & Investments −4.2%, Saregama India 25.9%; peer average 18.7%); its return on equity of 2.4% is the lowest of the four (Sun TV Network 11.9%, Network18 Media & Investments 3.2%, Saregama India 12.6%; peer average 9.2%); its revenue growth over three years of 0.1% a year is the third highest of the four (Sun TV Network 4.7% a year, Network18 Media & Investments −30.2% a year, Saregama India 10.2% a year; peer average −5.1% a year).
In FY26, Zee Entertainment Enterprises earned net profit attributable to shareholders of ₹273 crore on revenue of ₹8,099 crore, against ₹1,441 crore on ₹4,335 crore for Sun TV Network. Zee Entertainment Enterprises' operating margin was 2.2% (Sun TV Network 34.4%) and its return on equity 2.4% (Sun TV Network 11.9%). At the 30 October 2026 close, Zee Entertainment Enterprises' market capitalisation was ₹6,381 crore against ₹23,942 crore for Sun TV Network, and its PE ratio on FY26 profit 23.4 against 16.6.
From Zee Entertainment Enterprises' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.