Zee Entertainment Enterprises Ltd

In a regulatory filing on July 10, the company disclosed that the resolution garnered only 59.5% of the votes, falling short of the 75% supermajority required to pass such proposals. The result effectively derails the promoter group's plan to bolster their holding in the company through fresh capital infusion. The proposal involved issuing 16.95 crore warrants worth Rs 2,237 crore to Altilis Technologies and Sunbright Mauritius Investments, entities affiliated with the Goenka family. Responding to the outcome, Zee released an official press statement, expressing gratitude to the ~60% of shareholders who voted in favor of the resolution. The Board and the management also respect the decision taken by the remaining shareholders, the company said. Zee underlined its ongoing efforts to maximize shareholder value, highlighting progress in improving profitability, especially by trimming losses in its digital segment and enhancing margin performance. The company said it remains committed to building a strong financial foundation amid evolving market conditions and intense competition. While the current efforts have augured well, it is important to maintain a sufficient war chest to fuel future growth, navigate rapid market shifts, and invest in innovation, said a company spokesperson. Zee also reiterated that its strategy remains guided by a seasoned board to further fortify itself for any unforeseen events as well as to deliver growth and invest in technology and innovation. ZEEL is a leading content and technology powerhouse, seamlessly blending its rich legacy with pioneering innovation to deliver cutting-edge entertainment experiences. 'Z' brings diverse stories to life through linear television, digital platforms, movies and music across languages. The company reported a consolidated net profit of Rs 188.4 crore in Q4 FY25, significantly higher than the PAT of Rs 13.4 crore in Q4 FY24. Net sales rose 0.65% year-over-year (YoY) to Rs 2184.1 crore during the period under review. Powered by Capital Market - Live

The company reported that it holds a 17% share of the urban TV viewership market (15+ age group). This comes amid broader industry consolidation that has resulted in a two-player market structure, with Peer-1 holding a dominant 34% share. Zee stated that it remains committed to strengthening its position in the evolving media and entertainment landscape. As of March 2025, ZEEL's cash and cash equivalents stood at Rs 2,406 crore. The board has also approved the issuance of fully convertible warrants worth Rs 2,237 crore. Once fully converted, the promoter stake is expected to increase to 18.39%, subject to shareholder approval at the extraordinary general meeting scheduled for 10 July 2025. The company said the proposed increase in promoter holding reflects long-term confidence in ZEEL's strategy and outlook. It also aims to create a robust cash reserve to effectively respond to competitive pressures and potential shifts in the market. Despite a smaller scale compared to Peer-1, ZEEL remains one of the most profitable networks, reporting a 14.4% EBITDA margin in FY25. The company incurred a Rs 548 crore EBITDA loss in its digital platform Zee5 for the same period but aims to achieve breakeven in FY26. ZEEL currently operates over 90 TV channels and has a content library comprising more than 265,000 hours of general entertainment and 6,850 movie titles. Its OTT platform, Zee5, features over 300 original titles. ZEEL has outlined a clear roadmap for its next phase of growth, with a sharp focus on expanding its content and digital offerings. The company plans to venture into emerging formats such as micro-dramas, edutainment, live events, and user-generated content, aiming to capture a wider and more diverse audience base. Alongside this, it is looking to diversify its content across both short- and long-form formats to better cater to changing viewer preferences. A key part of the strategy involves strengthening its digital ecosystem while staying anchored to its core strength, content creation. ZEEL also emphasized the importance of maintaining a strong balance sheet and remains open to exploring acquisition opportunities that align with its long-term goals. The company reiterated its goal to deliver scalable and value-accretive growth initiatives that enhance profitability over the next three years. ZEEL is targeting to surpass its historical peak EPS of Rs 16.5, last recorded in FY19. ZEEL is a leading content and technology powerhouse, seamlessly blending its rich legacy with pioneering innovation to deliver cutting-edge entertainment experiences. 'Z' brings diverse stories to life through linear television, digital platforms, movies and music across languages. The company reported a consolidated net profit of Rs 188.4 crore in Q4 FY25, significantly higher than the PAT of Rs 13.4 crore in Q4 FY24. Net sales rose 0.65% year-over-year (YoY) to Rs 2184.1 crore during the period under review. Powered by Capital Market - Live

Zee Entertainment Enterprises announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 10 July 2025.Powered by Capital Market - Live

The key equity benchmarks traded with minor losses in early trade, driven by rising geopolitical tensions between Israel and Iran. Geopolitical developments are expected to continue influencing the market direction, as investors closely track crude oil prices, the G7 summit, Bank of Japan's policy decision and the outcome of the upcoming U.S. Federal Reserve meeting later this week. The Nifty slipped below the 24,900 level. Pharma, auto and consumer durables shares declined while realty, media and PSU Bank shares advanced. At 09:25 IST, the barometer index, the S&P BSE Sensex declined 165.48 points or 0.20% to 81,630.67. The Nifty 50 index fell 66.55 points or 0.26% to 24,880.30. In the broader market, the S&P BSE Mid-Cap index rose 0.02% and the S&P BSE Small-Cap index fell 0.18%. The market breadth was positive. On the BSE, 1,436 shares rose and 1,348 shares fell. A total of 174 shares were unchanged. Foreign portfolio investors (FPIs) sold shares worth 2,539.42 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 5,780.96 crore in the Indian equity market on 16 June 2025, provisional data showed. Stocks in Spotlight: Zee Entertainment Enterprises advanced 1.52% after the company's board approved the proposal to raise Rs 2,237 crore from promoter entities via issuing 16.95 crore warrants at issue price of Rs 132 per share. The warrants are proposed to be allotted to Altillis Technologies and Sunbright Mauritius Investments. Biocon shed 0.92%. The company's board approved the issuance of qualified institutional placement (QIP) of Rs 4,500 crore at floor price of Rs 340.20 per equity share. Hikal rose 0.51%. The company has successfully passed the Brazilian Health Regulatory Agency's (ANVISA) GMP audit for its manufacturing unit located at Jigani in Bengaluru, Karnataka. The inspection, carried out by ANVISA, Brazil GMP (good manufacturing practices), was for multiple API's which occurred from April 14th to April 18th, 2025. Numbers to Track: The yield on India's 10-year benchmark federal paper fell 0.22% to 6.257 from the previous close of 6.270. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 85.8900 compared with its close of 86.0450 during the previous trading session. MCX Gold futures for 5 August 2025 settlement fell 0.29% to Rs 98,850. The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.01% to 98.17. The United States 10-year bond yield shed 0.49% to 4.430. Global Markets: US Dow Jones futures were down 133 points, signaling a weak start for Wall Street. Asian shares were a mixed bag on Tuesday as investors kept a close watch on the simmering Israel-Iran tensions. All eyes are now on the Bank of Japan, which is set to announce its policy decision later in the day. Expectations are that the BOJ will hold interest rates steady at 0.5%, opting for caution amid a murky global trade outlook. Back in the US, Wall Street closed in the green overnight. Hopes for a de-escalation in the Middle East boosted sentiment, with the Dow Jones climbing 0.75%, the S&P 500 gaining 0.94%, and the Nasdaq leading the rally with a 1.52% jump. On the corporate front, Roku shares popped after the company unveiled a new exclusive partnership with Amazon Ads. The deal is set to create the largest authenticated Connected TV (CTV) footprint in the US, a major win in the growing streaming ad market. Meanwhile, the US Federal Reserve begins its two-day meeting today. While interest rates are widely expected to remain unchanged at around 4.5%, the spotlight will be on any hints of a pivot to rate cuts, especially as inflation cools and growth shows signs of fatigue. Across the border, G7 leaders are gathering in Canada this week. The mood might be tense, with US President Donald Trump's tariffs on allied imports casting a shadow. Canadian PM Mark Carney has promised a push for peace and stability but hinted at potential retaliatory tariffs if Washington doesn't ease up on its steel and aluminum duties.Powered by Capital Market - Live

Zee Entertainment Enterprises Ltd gained for a fifth straight session today. The stock is quoting at Rs 135.7, up 0.86% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.79% on the day, quoting at 24690.8. The Sensex is at 81039.12, down 0.8%. Zee Entertainment Enterprises Ltd has gained around 9.51% in last one month. Meanwhile, Nifty Media index of which Zee Entertainment Enterprises Ltd is a constituent, has gained around 4.83% in last one month and is currently quoting at 1723.15, down 0.41% on the day. The volume in the stock stood at 139.61 lakh shares today, compared to the daily average of 110.34 lakh shares in last one month.The PE of the stock is 16.49 based on TTM earnings ending March 25.Powered by Capital Market - Live

The investment banker will apprise the board of its review of the company's business plans and the growth initiatives for the next three to five years. They may suggest any risk mitigation thoughts for the execution of such plans. They may also recommend potential fund-raising options, if any. Additionally, the company's board will hold a separate meeting on the same day to deliberate on the investment banker's recommendations and consider adopting them, either in part or in full. Zee Entertainment Enterprises is a leading content and technology powerhouse, seamlessly blending its rich legacy with pioneering innovation to deliver cutting-edge entertainment experiences. 'Z' brings diverse stories to life through linear television, digital platforms, movies and music across languages. The company's consolidated net profit surged 1,306% to Rs 188.40 crore on 0.7% increase in net sales to Rs 2,184.10 crore in Q4 FY25 over Q4 FY24.Powered by Capital Market - Live

Zee Entertainment Enterprises will hold a meeting of the Board of Directors of the Company on 16 June 2025.Powered by Capital Market - Live

Zee Entertainment Enterprises Ltd gained for a third straight session today. The stock is quoting at Rs 133.17, up 1.62% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.42% on the day, quoting at 25209.65. The Sensex is at 82725.53, up 0.41%. Zee Entertainment Enterprises Ltd has gained around 13.68% in last one month. Meanwhile, Nifty Media index of which Zee Entertainment Enterprises Ltd is a constituent, has gained around 9.28% in last one month and is currently quoting at 1731.65, up 0.35% on the day. The volume in the stock stood at 81.05 lakh shares today, compared to the daily average of 108.98 lakh shares in last one month.The PE of the stock is 16.06 based on TTM earnings ending March 25.Powered by Capital Market - Live

In line with the company's strategic transformation into a content & technology powerhouse, it has entered into a strategic equity partnership, wherein it will invest / acquire stake in Bullet. Bullet is co-founded by serial entrepreneurs Azim Lalani and Saurabh Kushwah. It has developed India's first Micro-Drama application focused on fast-paced, creator driven content through short duration vertical format episodes targeted towards the younger audiences. Bullet will be launched within the ZEE5 ecosystem, leveraging its strong user base by enabling access to high-quality, bite-sized entertainment directly through the platform. Bullet aims to craft native stories with a global flavour encompassing masala-paced plots and emotional punch, tailored for binge-watching in short bursts. In order to further engage ZEE5's users across the Nation, the application will be available across languages and will harness the company's rich content engine and repertoire of language content. The application will also feature AI-driven pricing and performance prediction models for content acquisition and distribution, gamification layers to enhance user retention and loyalty through reward mechanisms, and creator-generated content pipelines to empower independent creators and studios to monetize and scale their offerings. Company spokesperson of Zee Entertainment Enterprises, said, 'As the digital ecosystem grows exponentially, we are constantly identifying several value-accretive opportunities to drive scale. Our strategic partnership with Bullet aims to build a competitive advantage for the future by identifying innovative formats and scaling them through our platforms to drive stronger monetization. We believe that short-form storytelling serves as a powerful way to engage younger audiences and by integrating the micro-drama experience within the ZEE5 ecosystem, we are further strengthening the value proposition for consumers as we accelerate our digital growth strategy across languages.' Azim Lalani, co-founder and chief business officer, Bullet shared, 'Having witnessed multiple content revolutions over the past two decades, I believe we are now at the cusp of the next big shift. There has been an influx of short-form content consumption over the last few years, and with the launch of Bullet, we aim to combine the novelty of the format with fast-paced captivating stories for users. With snacky content increasingly capturing the audiences' short attention span and keeping them engaged, the next wave of content consumption will encompass creators that nurture the ability to deliver intrigue and emotions in bite-sized formats. We remain confident that Bullet is uniquely positioned to combine the rich content legacy of 'Z' with global-ready formats and cutting-edge technology. I'm excited to build this platform with the backing of 'Z' and our dynamic team.' Saurabh Kushwah, co-founder and chief technology & product officer, Bullet added, 'The convergence of creators, technology, and storytelling is reshaping digital entertainment. At Bullet, we are building a platform that not only entertains but also enables. With gamified layers, AI-backed content ops, and a creator-first ecosystem, we're shaping the future of MicroDrama in India'and beyond.' Zee Entertainment Enterprises is a leading content and technology powerhouse, seamlessly blending its rich legacy with pioneering innovation to deliver cutting-edge entertainment experiences. 'Z' brings diverse stories to life through linear television, digital platforms, movies and music across languages. The company's consolidated net profit surged 1,306% to Rs 188.40 crore on 0.7% increase in net sales to Rs 2,184.10 crore in Q4 FY25 over Q4 FY24. Powered by Capital Market - Live

Operating revenue rose by 1% year-over-year (YoY) to Rs 2184.1 crore during the period under review. For Q4 FY25, advertising revenue was Rs 837.5 crore (down 25% YoY), subscription revenue was Rs 986.5 crore (up 4% YoY) and revenue from other sales & services was Rs 360.1 crore (up 226% YoY). The company stated that the decline in advertising revenue was due to slowdown in macro advertising environment, postponement of Zee Cine Award, busy sports calendar and higher base in Q4 FY24. Growth in subscription revenue was driven by both - linear subscription revenue and ZEE5. Other sales and services revenue was sharply higher due to higher number of movie released and higher syndication revenue. Operating expenditure declined by 3% to Rs 1898.9 crore in Q4 FY25 over Q4 FY24. While EBITDA improved by 36% YoY to Rs 285.2 crore, EBITDA margin expended by 340 basis points YoY to 13.1% in the fourth quarter. Profit before tax in Q4 FY25 stood at Rs 262 crore, up by 130% from Rs 114 crore in Q4 FY24. Provision for taxes for March 2025 quarter was Rs 73.4 crore, down 28% YoY. The company recorded a loss of Rs 2 crore from discontinuing operations in Q4 FY25. It had recorded a profit of Rs 12 crore from these operations in the same period last year. For FY25, ZEEL has registered a net profit of Rs 679.5 crore (up 381% YoY) and operating revenue of Rs 8,294.1 crore (down 4% YoY). Zee Entertainment Enterprises (ZEEL) is a media & entertainment company offering entertainment content to diverse audiences. It is present across broadcasting, movies, music, digital, live entertainment, and theatre businesses, both within India and overseas. The scrip fell 1.44% to currently trade at Rs 109.50 on the BSE. Powered by Capital Market - Live