Zee Media share price & results
- Jun 2026
- Sept 2026
Indian 24/7 news broadcaster running 16 TV news channels (national, regional and global) plus a digital publishing arm of news, lifestyle, health and tech websites/apps.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 132 | −6.5% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 11.4 | −1.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | -8.8 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Return on equity | 1.25 | +48.1 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 12.19 | +3.6 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 22.29 | +24.5 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −36.0% 1Y
1Y: ₹10.43 on 24 Oct 2025 → ₹6.68. High ₹10.43 (24 Oct 2025), low ₹6.65 (30 Mar 2026).
- Previous close
- ₹6.81
- Market cap
- ₹453 Cr
- 52-week range
- ₹6.65 – ₹10.25
- One year
- −34.83%
- Price to earnings (TTM to Jun 2026)
- 162.95×
- Return on equity (TTM to Jun 2026)
- 1.25%
Overview
- Symbol
- NSE:ZEEMEDIA
- Industry
- Consumer Discretionary
- Exchange
- NSE
- Currency
- INR
What Zee Media does
Based on the company's own presentations, annual report and earnings calls.
Zee Media Corporation Limited (ZMCL) is a 24/7 news broadcaster operating a portfolio of 16 television news channels: one global English channel (WION), four national Hindi/Urdu channels (Zee News, Zee Business, Zee Bharat, Salaam TV) and 11 regional-language channels spanning states from Punjab to Tamil Nadu. It also runs 3 digital-only news channels and, through subsidiary Indiadotcom Digital Private Limited (IDPL), a network of news, business, lifestyle, health and tech websites and mobile apps. During FY2024-25 the company added two new wholly-owned subsidiaries — Pinews Digital Private Limited (a hyper-local, AI-driven app) and Zee Media Inc. in the USA — to extend its digital and global reach.
Segments
- National & global TV news channels
- Regional-language TV news channels
- Digital publishing
- TV news channels
- 16 (1 global, 4 national, 11 regional language)
- Languages covered
- 12
- Digital-only news channels
- 3
- Branded mobile apps
- 14 apps across 12 languages
- Linear TV monthly reach
- 282 Mn viewers (FY2024-25)
- Digital monthly average users
- 193.1 Mn (FY2024-25)
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −33% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 94 | 117 | 117 | 142 | 117 | 200 | 113 | 132 |
| Expenses | 123 | 113 | 125 | 124 | 117 | 116 | 117 | 117 |
| Operating profit | -29 | 4 | -7 | 17 | 1 | 84 | -4 | 15 |
| Operating margin | −30.7% | 3.2% | −6.1% | 12.3% | 0.7% | 42.1% | −3.9% | 11.4% |
| Other income | 2 | 1 | 5 | 1 | 1 | 1 | 16 | 2 |
| Interest | 7 | 7 | 8 | 5 | 5 | 5 | 5 | 5 |
| Depreciation | 24 | 24 | 23 | 22 | 21 | 20 | 20 | 21 |
| Profit before tax | -58 | -27 | -32 | -8 | -25 | 60 | -14 | -9 |
| Tax rate | −25.1% | −25.2% | −29.4% | −21.2% | −4.1% | −1.9% | 2.7% | 0.6% |
| Net profit | -43 | -20 | -23 | -7 | -24 | 61 | -14 | -9 |
| EPS (₹ per share) | -0.69 | -0.32 | -0.36 | -0.11 | -0.38 | 0.98 | -0.23 | -0.13 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 721 | 458 | 455 | 572 |
| Expenses | 660 | 506 | 484 | 473 |
| Operating profit | 60 | -49 | -29 | 98 |
| Other income | -12 | 15 | 17 | 18 |
| Interest | 29 | 23 | 30 | 19 |
| Depreciation | 91 | 57 | 94 | 84 |
| Profit before tax | -73 | -113 | -136 | 13 |
| Net profit | -69 | -86 | -100 | 17 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 63 | 63 | 63 | 63 | 63 | 63 |
| Reserves | 545 | 500 | 414 | 364 | 134 | 382 |
| Borrowings | 238 | 197 | 243 | 172 | 107 | 82 |
| Other liabilities | 193 | 204 | 358 | 428 | 534 | 512 |
| Total liabilities | 1,040 | 964 | 1,078 | 1,027 | 837 | 1,039 |
| Fixed assets | 178 | 155 | 397 | 305 | 378 | 223 |
| Capital work in progress | 1 | 2 | 0 | 1 | 0 | 0 |
| Investments | 342 | 433 | 407 | 403 | 43 | 378 |
| Other assets | 518 | 374 | 273 | 317 | 416 | 437 |
| Total assets | 1,040 | 964 | 1,078 | 1,027 | 837 | 1,039 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 122 | 115 | 139 | 62 | 52 | 75 |
| Cash from investing | -37 | -50 | -74 | 23 | -2 | 23 |
| Cash from financing | -28 | -118 | -90 | -91 | -47 | -81 |
| Net cash flow | 57 | -54 | -25 | -6 | 4 | 17 |
| Free cash flow | 84 | 81 | 99 | 53 | 43 | 72 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 138 | 123 | 79 | 135 | 138 | 184 |
| Cash conversion cycle | 138 | 123 | 79 | 135 | 138 | 184 |
| Working capital days | 206 | 129 | -78 | -230 | -195 | -126 |
| Return on capital employed | 19.0% | 13.0% | 3.0% | −12.0% | −17.0% | 6.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Television Broadcasting business contributes 99.2% of reported segment revenue.
Year ended 31 Mar 2018 · Consolidated
- Television Broadcasting business 99.2%
₹573.48 crore
- E-Commerce business 0.8%
₹4.53 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Television Broadcasting business | 573.48 | 99.2% |
| E-Commerce business | 4.53 | 0.8% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹578.02 crore
- Intersegment adjustment
- Not reported
- Net segment revenue
- ₹578.02 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
Ownership
Who owns it
Public hold 67.84% as of Sept 2026; institutions cut 1.17 pts since Jun 2026.
- Promoters 9.04%
- Foreign institutions 18.58%
- Domestic institutions 4.12%
- Government 0.42%
- Public 67.84%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 4.58% held
The same filing shows 0 holders trimming and 2 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Zee Media above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 16.00% | unchanged | |
| 8.98% | unchanged | |
| 4.58% | newly disclosed | |
| NBFC / DFI | 3.99% | unchanged |
| 3.63% | unchanged | |
| FPI fund | 2.06% | unchanged |
| FPI fund | 1.87% | unchanged |
| FPI fund | 1.61% | unchanged |
| FPI fund | 1.43% | unchanged |
| 1.27% | unchanged | |
| 1.05% | unchanged | |
| 0.06% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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