Today’s stock to be analyzed is Zee Entertainment Enterprises Limited.
ZEEL is one of India’s leading media and entertainment companies. One of the largest producers and aggregators of entertainment content in the world, with an extensive library housing over 250000 hours of television content. With rights to more than 4,200 movie titles from foremost studios & of iconic film stars, Zee houses the world’s largest Hindi film library. It was incorporated on November 25th, 1982, was previously known as Zee Telefilms Ltd. It has three sources of revenue viz. Advertising, subscription, & other sales & services which include revenues from movie production business, content syndication, music label and commission on sales amongst others.
Pioneer of the television entertainment industry in India, ZEE’s well-known brands includes Zee TV, Zee Cinema, & pictures, Zee Action, Zee Classic, Zee Anmol Cinema, Zee Cafe, Zee Studio, Zing and some other regional challenges. With a 19.7% market share and the largest market cap in the TV and entertainment industry, ZEEL has been maintaining an EBITDA Margin of 32.3%.