Zee Entertainment Enterprises, formerly known as Zee Telefilms, is a media conglomerate based in Mumbai, India. It has a diverse portfolio encompassing television, print, internet, film, mobile content, and related businesses. With its headquarters in Mumbai, Zee Entertainment Enterprises operates a global network of 45 channels.
Starting with the introduction of India’s initial private satellite TV channel in 1992, ZEE has now expanded its reach to 1.3 billion viewers worldwide via both traditional and digital platforms. Currently, ZEE stands as the ultimate global entertainment destination, supported by a unified team that produces and delivers exceptional content.
Zee Entertainment Enterprises specializes in three main industries: selling space to other satellite television channels, broadcasting satellite television channels, and selling media content, such as programs, film rights, feeds, and song rights.
This article examines Zee Entertainment Enterprises share price objective from 2024 to 2030 and assesses whether it is a promising stock to take into account for investment.
HOW TO BUY ZEE ENTERTAINMENT ENTERPRISES SHARES ?
You can buy Zee Entertainment Enterprises shares from the following trading platforms:
- Zerodha
- Upstox
- Groww
- AngleOne
- ICICIDirect
SHARE PRICE PREDICTION OF ZEE ENTERTAINMENT ENTERPRISES SHARES: 2024 To 2030
SHARE PRICE TARGET 2024 OF ZEE ENTERTAINMENT ENTERPRISES
When | Maximum Price | Minimum Price |
March 2024 | 165.00 | 143.48 |
April 2024 | 160.19 | 139.30 |
May 2024 | 157.83 | 137.24 |
June 2024 | 163.51 | 142.18 |
July 2024 | 161.87 | 140.76 |
August 2024 | 168.35 | 146.39 |
September 2024 | 175.08 | 152.25 |
October 2024 | 171.65 | 149.26 |
November 2024 | 178.52 | 155.23 |
December 2024 | 180.30 | 156.78 |
In March 2024, the maximum price of Zee Entertainment Enterprises is forecasted to reach 165.00, with the minimum price expected to be 143.48. As April approaches, a slight decrease is anticipated, with the maximum and minimum prices projected at 160.19 and 139.30, respectively. May is likely to continue this downward trend, with a maximum price of 157.83 and a minimum price of 137.24. By December 2024, Zee Entertainment Enterprises’ maximum price is expected to reach 180.30, with the minimum price forecasted to be 156.78, indicating a potential uptick in value as the year concludes.
SHARE PRICE TARGET 2025 OF ZEE ENTERTAINMENT ENTERPRISES
When | Maximum Price | Minimum Price |
January 2025 | 180.48 | 138.83 |
February 2025 | 180.84 | 139.11 |
March 2025 | 184.64 | 142.03 |
April 2025 | 181.02 | 139.25 |
May 2025 | 175.75 | 135.19 |
June 2025 | 183.66 | 141.27 |
July 2025 | 180.05 | 138.50 |
August 2025 | 185.62 | 142.79 |
September 2025 | 187.85 | 144.50 |
October 2025 | 192.74 | 148.26 |
November 2025 | 197.55 | 151.96 |
December 2025 | 206.44 | 158.80 |
ZEE ENTERTAINMENT ENTERPRISES PRICE PREDICTION 2026
When | Maximum Price | Minimum Price |
January 2026 | 212.64 | 163.57 |
February 2026 | 218.09 | 167.76 |
March 2026 | 226.59 | 174.30 |
April 2026 | 222.15 | 170.89 |
May 2026 | 215.68 | 165.91 |
June 2026 | 225.39 | 173.37 |
July 2026 | 220.97 | 169.97 |
August 2026 | 227.80 | 175.23 |
September 2026 | 235.77 | 181.36 |
October 2026 | 241.90 | 186.08 |
November 2026 | 247.95 | 190.73 |
December 2026 | 254.15 | 195.50 |
ZEE ENTERTAINMENT ENTERPRISES SHARE PRICE PREDICTION 2027
When | Maximum Price | Minimum Price |
January 2027 | 259.23 | 199.41 |
February 2027 | 265.88 | 204.52 |
March 2027 | 276.25 | 212.50 |
April 2027 | 270.83 | 208.33 |
May 2027 | 262.95 | 202.27 |
June 2027 | 274.78 | 211.37 |
July 2027 | 269.39 | 207.22 |
August 2027 | 277.72 | 213.63 |
September 2027 | 287.44 | 221.11 |
October 2027 | 294.92 | 226.86 |
November 2027 | 302.29 | 232.53 |
December 2027 | 309.85 | 238.34 |
ZEE ENTERTAINMENT ENTERPRISES PRICE PREDICTION 2028
When | Maximum Price | Minimum Price |
January 2028 | 316.04 | 243.11 |
February 2028 | 324.15 | 249.34 |
March 2028 | 336.79 | 259.07 |
April 2028 | 330.18 | 253.99 |
May 2028 | 320.57 | 246.59 |
June 2028 | 334.99 | 257.69 |
July 2028 | 328.42 | 252.63 |
August 2028 | 338.58 | 260.45 |
September 2028 | 350.43 | 269.56 |
October 2028 | 359.54 | 276.57 |
November 2028 | 368.53 | 283.49 |
December 2028 | 377.75 | 290.57 |
ZEE ENTERTAINMENT ENTERPRISES PRICE PREDICTION 2029
When | Maximum Price | Minimum Price |
January 2029 | 385.30 | 296.38 |
February 2029 | 395.18 | 303.98 |
March 2029 | 410.59 | 315.84 |
April 2029 | 402.54 | 309.65 |
May 2029 | 390.82 | 300.63 |
June 2029 | 408.40 | 314.16 |
July 2029 | 400.39 | 308.00 |
August 2029 | 412.78 | 317.52 |
September 2029 | 427.23 | 328.64 |
October 2029 | 438.33 | 337.18 |
November 2029 | 449.29 | 345.61 |
December 2029 | 460.52 | 354.25 |
ZEE ENTERTAINMENT ENTERPRISES PRICE PREDICTION 2030
When | Maximum Price | Minimum Price |
January 2030 | 469.73 | 361.33 |
February 2030 | 481.78 | 370.60 |
March 2030 | 500.57 | 385.05 |
April 2030 | 490.75 | 377.50 |
May 2030 | 476.46 | 366.51 |
June 2030 | 497.90 | 383.00 |
July 2030 | 488.14 | 375.49 |
August 2030 | 503.23 | 387.10 |
September 2030 | 520.85 | 400.65 |
October 2030 | 534.39 | 411.07 |
November 2030 | 547.75 | 421.35 |
December 2030 | 561.44 | 431.88 |
As the calendar flips to January 2030, Zee Entertainment Enterprises is poised to witness its maximum price surging to 469.73, while the minimum price is expected to stabilize at 361.33. Moving into February, market projections indicate a continued upward trajectory, with the maximum price forecasted to climb to 481.78 and the minimum price to 370.60. March is anticipated to usher in further gains, with the maximum price potentially reaching 500.57 and the minimum price expected to rise to 385.05.
As the year progresses, the momentum is projected to persist. April may see the maximum price hovering around 490.75, with the minimum price at 377.50. May and June are expected to witness a similar trend of incremental increases, with the maximum price likely to touch 476.46 and 497.90, and the minimum price rising to 366.51 and 383.00, respectively.
Throughout July and August, Zee Entertainment Enterprises is forecasted to sustain its upward momentum, with the maximum price projected to reach 488.14 and 503.23, and the minimum price expected to climb to 375.49 and 387.10, respectively. By September and October, further growth is anticipated, with the maximum price potentially surging to 520.85 and 534.39, and the minimum price to 400.65 and 411.07, respectively.
November is likely to witness continued bullish sentiment, with the maximum price expected to rise to 547.75 and the minimum price to 421.35. Finally, as December arrives, Zee Entertainment Enterprises could see a significant uptick, with the maximum price potentially peaking at 561.44 and the minimum price climbing to 431.88, marking a notable surge in value as the year draws to a close.
FINANCIAL CONDITION OF ZEE ENTERTAINMENT ENTERPRISES : LAST 5 YEARS
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
Sales | 7,934 | 8,130 | 7,730 | 8,189 | 8,088 |
Expenses | 5,370 | 6,870 | 6,123 | 6,471 | 6,981 |
Operating Profit | 2,564 | 1,260 | 1,606 | 1,718 | 1,107 |
OPM % | 32% | 15% | 21% | 21% | 14% |
Other Income | 236 | 112 | -29 | -12 | -252 |
Interest | 130 | 145 | 57 | 45 | 70 |
Depreciation | 235 | 271 | 265 | 246 | 313 |
Profit before tax | 2,434 | 956 | 1,256 | 1,416 | 471 |
Tax % | 36% | 45% | 37% | 32% | 90% |
Net Profit | 1,567 | 525 | 793 | 956 | 48 |
EPS in Rs | 16.32 | 5.48 | 8.33 | 10.04 | 0.5 |
Dividend Payout % | 21% | 5% | 30% | 30% | 0% |
Note: All figures are in Crore INR (except EPS) and “OPM” refers to Operating Profit Margin.
Over the past 5 years, the company’s sales figures experienced minor fluctuations, ranging from 7,730 to 8,189. Similarly, expenses varied between 6,123 and 6,981.
The operating profit showed some volatility as well, starting at 2,564 in March 2019, declining to 1,260 in March 2020, and then gradually recovering to 1,718 in March 2022. However, by March 2023, the operating profit decreased to 1,107. The operating profit margin percentage (OPM %) ranged between 15% and 32% during this period.
Earnings per share (EPS) followed a similar pattern, with the highest value of 16.32 in March 2019, followed by a decline to 5.48 in March 2020, and subsequent recovery to 10.04 in March 2022. However, by March 2023, the EPS dropped significantly to 0.5.
Lastly, the dividend payout percentage represents the portion of net profit distributed as dividends. ZEE Entertainment’s dividend payout percentage varied between 0% and 30% during this period, with the highest recorded in March 2021.
Overall, the financial data indicates that Zee Entertainment experienced fluctuations in sales, profits, and other financial metrics during the mentioned period.
FAQS
What has been the trend in ZEE ENTERTAINMENT’S earnings per share (EPS)?
Zee Entertainment’s EPS followed a pattern of decline, recovery, and then significant drop. It started at 16.32 in March 2019, declined to 5.48 in March 2020, and gradually recovered to 10.04 in March 2022. However, by March 2023, the EPS dropped significantly to 0.5.
How has ZEE ENTERTAINMENT’S sales performance evolved over the years ?
Zee Entertainment’s sales figures have shown minor fluctuations during the period from March 2019 to March 2023, ranging from 7,730 to 8,189.
What is the share price target of ZEE ENTERTAINMENT ENTERPRISES for 2025?
Zee Entertainment share price might reach around ₹206.44 by the end of 2025.
How has ZEE ENTERTAINMENT’S operating profit margin (OPM) trended over the past five years?
The operating profit margin percentage (OPM %) of Zee Entertainment ranged between 15% and 32% during this period.
What is the share price target of ZEE ENTERTAINMENT ENTERPRISES for 2030?
Zee Entertainment share price might reach around ₹561.44 by the end of 2030.
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Conclusion
Looking ahead into the future, Zee Entertainment Enterprises is poised for an exciting journey characterized by resilience and strategic adaptability. With its vast array of offerings spanning television, print, digital, and film, the company is well-positioned to capitalize on the evolving landscape of the entertainment industry. As global trends continue to shift towards digital consumption and content diversification, Zee Entertainment is anticipated to harness its robust content library to engage audiences across various platforms and drive revenue growth.
The optimistic projections for Zee Entertainment’s share prices from 2024 to 2030 suggest a promising outlook for investors seeking opportunities in the dynamic media sector. These forecasts indicate the potential for significant value appreciation over the coming years, fueled by the company’s innovative content strategies and expanding market presence. With its proven track record of delivering compelling entertainment experiences to audiences worldwide, Zee Entertainment stands as a beacon of growth and opportunity in the ever-evolving landscape of media and entertainment.
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