Zee Media Corp. Ltd. (ZEEMEDIA) AI Stock Analysis

Zee Media Corp. Ltd.

(NSE:ZEEMEDIA)

Select Model

Rating:56Neutral

Price Target:INR 7.00▲(0.43% Upside)

Action:reiterated

Date:08/19/26

The overall score reflects a company in financial recovery, with improving revenue, positive cash generation, and reduced leverage but still fragile profitability and a weakened equity base. Strong technical momentum and a price above key moving averages support the score, while an extremely rich P/E multiple and lack of dividends constrain upside and keep the rating in the mid range rather than high.

Positive Factors

Revenue and EBITDA recoveryThe return to revenue growth alongside a positive EBITDA margin indicates improved operating performance after several contractionary years. If sustained, this combination can strengthen the business model, support reinvestment in news content, and improve operating leverage over the next several quarters.

Negative Factors

Fragile net profitabilityDespite the EBITDA rebound, almost no profit remains at the net-income level, and the preceding multi-year losses show that the turnaround is not yet proven. Thin profitability leaves limited protection against operating setbacks and makes earnings durability a central business risk.

Zee Media Corp. Ltd. (ZEEMEDIA) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 4.50B
Dividend Yield: ―
Average Volume (3M): 326.86K
Price to Earnings (P/E): -349.5
Beta (1Y): 1.18
Revenue Growth: 22.18%
EPS Growth: 99.00%
Country: India
Employees: 1,568
Sector: General
Sector Strength: 55
Industry: Broadcasting

Zee Media Corp. Ltd. Business Overview & Revenue Model

Company Description

Zee Media Corporation Limited, established in 1999 and based in Noida, India, is a leading Indian media company primarily focused on broadcasting satellite television channels across the nation. In addition to its core broadcasting activities, the co...

How the Company Makes Money

Zee Media Corporation Limited primarily makes money by monetizing its news broadcast operations. Key revenue streams typically include: (1) Advertising and sponsorship sales: the company sells commercial airtime during news programming and earns from...

Zee Media Corp. Ltd. Financial Statement Overview

Summary

Financials show an early-stage turnaround with revenue and cash flow improving and debt reduced, but profitability is still fragile, equity has been eroded by past losses, and cash flows remain volatile, keeping risk elevated.

Income Statement

41Neutral

Balance Sheet

54Neutral

Cash Flow

62Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	7.68B	7.59B	6.22B	6.38B	7.21B	8.67B
Gross Profit	3.26B	2.43B	2.62B	4.86B	2.18B	7.37B
EBITDA	1.13B	1.18B	-184.80M	-196.82M	481.05M	463.86M
Net Income	-14.10M	19.00M	-1.19B	-984.24M	-688.03M	-1.18B
Balance Sheet
Total Assets	0	8.73B	8.80B	9.68B	8.73B	9.72B
Cash, Cash Equivalents and Short-Term Investments	94.90M	94.90M	142.20M	90.10M	413.80M	270.35M
Total Debt	0	832.30M	1.74B	2.46B	1.99B	2.44B
Total Liabilities	-2.24B	6.49B	6.60B	6.79B	4.85B	5.16B
Stockholders Equity	2.24B	2.24B	2.21B	2.89B	3.87B	4.56B
Cash Flow
Free Cash Flow	615.00M	818.90M	529.20M	616.71M	384.71M	1.32B
Operating Cash Flow	648.80M	922.30M	635.30M	769.44M	1.46B	2.30B
Investing Cash Flow	16.10M	-55.80M	-73.00M	145.92M	-976.82M	-1.66B
Financing Cash Flow	-672.90M	-748.40M	-483.20M	-923.39M	-933.12M	-1.20B

Zee Media Corp. Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price6.97

Price Trends

50DMA7.65Negative

100DMA7.90Negative

200DMA8.05Negative

Market Momentum

MACD-0.17Negative

RSI37.28Neutral

STOCH65.61Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ZEEMEDIA, the sentiment is Negative. The current price of 6.97 is below the 20-day moving average (MA) of 7.05, below the 50-day MA of 7.65, and below the 200-day MA of 8.05, indicating a bearish trend. The MACD of -0.17 indicates Negative momentum. The RSI at 37.28 is Neutral, neither overbought nor oversold. The STOCH value of 65.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ZEEMEDIA.

Zee Media Corp. Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:ZEEMEDIA against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:SUNTV	75Outperform	INR 239.45B	15.21	―	2.11%	-4.94%	-4.88%
IN:ZEEMEDIA	56Neutral	INR 4.48B	-349.50	―	―	22.18%	99.00%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:ZEEL	54Neutral	INR 63.85B	33.56	―	3.25%	6.03%	-69.07%
IN:TVTODAY	48Neutral	INR 5.85B	35.01	―	3.06%	-7.90%	-43.74%
IN:NETWORK18	45Neutral	INR 36.51B	-166.33	―	―	-23.25%	98.17%
IN:NDTV	42Neutral	INR 6.86B	-1.82	―	―	11.30%	8.32%

* General Sector Average

Performance Comparison

IN:ZEEMEDIA and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:ZEEMEDIA	Zee Media Corp. Ltd.	6.99	-3.02	-30.17%
IN:NDTV	New Delhi Television Limited	62.01	-29.71	-32.39%
IN:NETWORK18	Network18 Media & Investments Limited	24.88	-23.77	-48.86%
IN:SUNTV	Sun TV Network Limited	592.65	44.70	8.16%
IN:TVTODAY	TV Today Network Ltd.	99.17	-46.98	-32.15%
IN:ZEEL	Zee Entertainment Enterprises Limited	61.61	-37.96	-38.12%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 06, 2026

Zee Media Corp. Ltd. AI Stock Analysis