Zee Entertainment Enterprises Future Growth

Future criteria checks 3/6

Zee Entertainment Enterprises is forecast to grow earnings and revenue by 55.4% and 7.1% per annum respectively. EPS is expected to grow by 52.5% per annum. Return on equity is forecast to be 9.3% in 3 years.

Key information

55.4%

Earnings growth rate

52.5%

EPS growth rate

Media earnings growth	26.0%
Revenue growth rate	7.1%
Future return on equity	9.3%
Analyst coverage	Good
Last updated	12 Apr 2024

Recent future growth updates

Recent updates

More Unpleasant Surprises Could Be In Store For Zee Entertainment Enterprises Limited's (NSE:ZEEL) Shares After Tumbling 38%

Feb 07

Here's What's Concerning About Zee Entertainment Enterprises' (NSE:ZEEL) Returns On Capital

Jan 12

Zee Entertainment Enterprises Limited's (NSE:ZEEL) Business Is Yet to Catch Up With Its Share Price

Dec 22

Returns On Capital Signal Tricky Times Ahead For Zee Entertainment Enterprises (NSE:ZEEL)

Mar 19

Does Zee Entertainment Enterprises (NSE:ZEEL) Have A Healthy Balance Sheet?

Dec 19

Here's Why It's Unlikely That Zee Entertainment Enterprises Limited's (NSE:ZEEL) CEO Will See A Pay Rise This Year

Sep 07

Zee Entertainment Enterprises' (NSE:ZEEL) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 23

Zee Entertainment Enterprises' (NSE:ZEEL) Dividend Will Be Increased To ₹2.50

Aug 09

When Should You Buy Zee Entertainment Enterprises Limited (NSE:ZEEL)?

Aug 06

Is Zee Entertainment Enterprises Limited (NSE:ZEEL) Expensive For A Reason? A Look At Its Intrinsic Value

Jul 07

Zee Entertainment Enterprises (NSE:ZEEL) Seems To Use Debt Quite Sensibly

Jun 22

Earnings and Revenue Growth Forecasts

NSEI:ZEEL - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	107,646	11,610	N/A	N/A	2
3/31/2026	100,307	10,509	8,942	N/A	18
3/31/2025	92,429	7,772	5,946	N/A	18
3/31/2024	85,813	3,163	2,291	N/A	19
12/31/2023	85,794	1,142	N/A	N/A	N/A
9/30/2023	86,424	1,179	1,967	3,878	N/A
6/30/2023	82,286	1,252	N/A	N/A	N/A
3/31/2023	80,879	2,514	-1,386	1,290	N/A
12/31/2022	83,082	4,258	N/A	N/A	N/A
9/30/2022	83,097	7,002	-3,571	-1,021	N/A
6/30/2022	82,601	8,574	N/A	N/A	N/A
3/31/2022	81,857	10,626	438	2,799	N/A
12/31/2021	78,322	10,584	N/A	N/A	N/A
9/30/2021	84,489	11,596	8,384	11,042	N/A
6/30/2021	81,929	9,834	N/A	N/A	N/A
3/31/2021	77,299	8,001	13,417	15,477	N/A
12/31/2020	77,152	-2,424	N/A	N/A	N/A
9/30/2020	70,345	-2,929	8,874	10,520	N/A
6/30/2020	74,338	263	N/A	N/A	N/A
3/31/2020	81,299	5,265	681	2,499	N/A
12/31/2019	81,980	15,849	N/A	N/A	N/A
9/30/2019	83,161	17,978	-6,443	-4,143	N/A
6/30/2019	81,700	17,713	N/A	N/A	N/A
3/31/2019	79,339	15,671	-1,471	1,352	N/A
12/31/2018	76,400	15,064	N/A	N/A	N/A
9/30/2018	73,113	13,183	N/A	N/A	N/A
6/30/2018	69,175	15,571	N/A	N/A	N/A
3/31/2018	66,857	14,791	2,954	5,544	N/A
12/31/2017	64,884	26,805	N/A	N/A	N/A
9/30/2017	62,894	26,091	N/A	N/A	N/A
6/30/2017	64,028	22,563	N/A	N/A	N/A
3/31/2017	64,342	22,213	N/A	7,406	N/A
12/31/2016	64,670	9,904	N/A	N/A	N/A
9/30/2016	64,133	9,704	N/A	N/A	N/A
6/30/2016	60,964	9,197	N/A	N/A	N/A
3/31/2016	58,125	8,232	N/A	7,309	N/A
12/31/2015	56,669	8,516	N/A	N/A	N/A
9/30/2015	54,356	8,852	N/A	N/A	N/A
6/30/2015	51,685	8,654	N/A	N/A	N/A
3/31/2015	48,837	8,322	N/A	6,809	N/A
12/31/2014	46,954	9,542	N/A	N/A	N/A
9/30/2014	45,201	8,592	N/A	N/A	N/A
6/30/2014	45,342	8,679	N/A	N/A	N/A
3/31/2014	44,217	8,820	N/A	3,829	N/A
12/31/2013	42,272	8,542	N/A	N/A	N/A
9/30/2013	39,777	8,347	N/A	N/A	N/A
6/30/2013	38,299	7,861	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ZEEL's forecast earnings growth (55.4% per year) is above the savings rate (6.7%).

Earnings vs Market: ZEEL's earnings (55.4% per year) are forecast to grow faster than the Indian market (17.9% per year).

High Growth Earnings: ZEEL's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ZEEL's revenue (7.1% per year) is forecast to grow slower than the Indian market (10.6% per year).

High Growth Revenue: ZEEL's revenue (7.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ZEEL's Return on Equity is forecast to be low in 3 years time (9.3%).

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Zee Entertainment Enterprises Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target decreased by 22% to ₹243

Consensus EPS estimates fall by 12%

Consensus EPS estimates fall by 15%

Price target increased by 10% to ₹266

Consensus EPS estimates fall by 15%

Price target decreased by 8.0% to ₹249

Recent updates

Zee Entertainment Enterprises Limited Announces Resignation of Punit Misra as President Content & International Markets

Zee Entertainment, Sony Reportedly in Last-Ditch Talks to Revive $10 Billion Merger

More Unpleasant Surprises Could Be In Store For Zee Entertainment Enterprises Limited's (NSE:ZEEL) Shares After Tumbling 38%

Zee Entertainment Enterprises Limited to Report Q3, 2024 Results on Feb 13, 2024

New major risk - Share price stability

Price target decreased by 22% to ₹243

Consensus EPS estimates fall by 12%

Sony Demands $90 Million in Termination Penalty, Zee to Seek Legal Options

Sony Group's Board to Meet to Decide Fate of $10 Billion Merger Deal with Zee Entertainment

Here's What's Concerning About Zee Entertainment Enterprises' (NSE:ZEEL) Returns On Capital

Sony Unit Reportedly Continuing Merger Talks with Zee

Zee Entertainment Dismisses Reports of Zee-Sony Merger Termination

Zee Entertainment Enterprises Limited's (NSE:ZEEL) Business Is Yet to Catch Up With Its Share Price

Zee Entertainment Enterprises Limited Announces Directorate Appointments

Zee Entertainment Enterprises Limited Announces Mr. Adesh Kumar Gupta Will Cease to Be A Member of Audit Committee, and Chairman of Risk Management Committee and Stakeholders Relationship Committee of the Board , Effective December 16, 2023

Second quarter 2024 earnings released: EPS: ₹1.35 (vs ₹1.18 in 2Q 2023)

Sony-Zee Merger May Be Finalised by November Despite Appeals from Banks

Zee Entertainment Enterprises Ltd Appoints Deepu Bansal as Additional Director in the Category of Independent Director

Zee Entertainment Enterprises Limited to Report Q2, 2024 Results on Oct 18, 2023

Zee-Sony Merger Reportedly Now Likely by December

Zee Entertainment Enterprises Limited, Annual General Meeting, Sep 30, 2023

Consensus EPS estimates fall by 15%

Price target increased by 10% to ₹266

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Zee Entertainment Enterprises Limited to Report Q1, 2024 Results on Aug 09, 2023

Zee Entertainment Enterprises Limited Announces Cessation of Ms. Alicia Yi as Independent Director

Investor sentiment improves as stock rises 16%

Sony, Zee Merger Reportedly on Despite Sebi Shadow

Consensus EPS estimates fall by 15%

Price target decreased by 8.0% to ₹249

Full year 2023 earnings: EPS misses analyst expectations

Zee Entertainment Enterprises Limited to Report Q4, 2023 Results on May 25, 2023

Returns On Capital Signal Tricky Times Ahead For Zee Entertainment Enterprises (NSE:ZEEL)

Price target decreased by 8.3% to ₹281

Amazon Reportedly in Talks to Acquire MX Player

Third quarter 2023 earnings: EPS misses analyst expectations

Consensus EPS estimates fall by 10%

Zee Entertainment Enterprises Limited to Report Q3, 2023 Results on Feb 13, 2023

Mona Jain to Join Zee News as Chief Revenue Officer

Consensus EPS estimates fall by 17%

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

High number of new and inexperienced directors

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Zee Entertainment Enterprises Limited to Report First Half, 2023 Results on Nov 11, 2022

Zee Entertainment Enterprises Limited Approves Dividend for the Financial Year Ended March 31, 2022

Upcoming dividend of ₹3.00 per share

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 23%

Zee Entertainment Enterprises Limited, Annual General Meeting, Sep 30, 2022

Zee Entertainment Enterprises Limited Announces Executive Changes

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Zee Entertainment Enterprises Limited Approves Dividend for the Financial Year 2022

Price target decreased to ₹336

Zee Entertainment Enterprises Limited to Report Q4, 2022 Results on May 26, 2022

High number of new and inexperienced directors

Amazon, Reliance, Sony Reportedly Vying for IPL Broadcast Rights

Amazon, Reliance, Sony Reportedly Vying for IPL Broadcast Rights

Invesco to Sell 7.8% Stake in Zee Through Book-Building Process

Zee Entertainment Enterprises Limited Appoints Rahul Madanan as the New Director of Marketing

Investor sentiment improved over the past week

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Zee Entertainment Enterprises Limited to Report Q3, 2022 Results on Feb 02, 2022

Investor sentiment deteriorated over the past week

Does Zee Entertainment Enterprises (NSE:ZEEL) Have A Healthy Balance Sheet?

Second quarter 2022 earnings released: EPS ₹2.81 (vs ₹0.98 in 2Q 2021)

Investor sentiment improved over the past week

Invesco Reiterates its Call for an Extraordinary General Meeting

Invesco Provides Information to Shareholders of Zee Entertainment

Price target increased to ₹252