NSEAnalysts/Institutional Investor Meet/Con. Call Updates10 Aug 2026 · 10 Aug 2026, 05:03 pm
Analysts/Institutional Investor Meet/Con. Call Updates
Zee Entertainment Enterprises Limited · ZEEL
✦ AI SummaryResults
Zee Entertainment Enterprises Limited has announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, with a 5% YoY increase in operating revenue and a 110 bps YoY increase in EBITDA margin.
Analysis Scores
Earnings Impact6/10
Growth Catalyst4/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Zee Entertainment Enterprises Limited has informed the Exchange about earning release
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ZEEL_10082026170247_SEIntimationEarningReleaseJune26signed.pdf
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August 10, 2026
The Listing Department, The Listing Department,
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Fort Bandra-Kurla Complex,
Mumbai - 400 001 Bandra (East), Mumbai- 400 051
BSE Scrip Code Equity: 505537 NSE Symbol: ZEEL EQ
Dear Sir / Madam,
Sub: Earning Release
In compliance with the relevant provisions of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the Earning Release
on the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter
ended June 30, 2026.
Kindly take the above on record.
Thanking you,
Yours faithfully,
For Zee Entertainment Enterprises Limited
Ashish Agarwal
Company Secretary
FCS6669
Encl: As above
Earnings Update for Q1 FY27
10 August 2026
Zee Entertainment Enterprises Limited
Disclaimer
Safe Harbor Statement: This Release/Communication, except for the historical information, may contain statements, including the words
or phrases such as ‘expects, anticipates, intends, will, would, undertakes, aims, estimates, contemplates, seeks to, objective, goal,
projects, should’ and similar expressions or variations of these expressions or negatives of these terms indicating future performance or
results, financial or otherwise, which are forward looking statements. These forward looking statements are based on certain
expectations, assumptions, anticipated developments and other factors which are not limited to, risk and uncertainties regarding
fluctuations in earnings, market growth, intense competition and the pricing environment in the market, consumption level, ability to
maintain and manage key customer relationship and supply chain sources and those factors which may affect our ability to implement
business strategies successfully, namely changes in regulatory environments, political instability, change in international oil prices and
input costs and new or changed priorities of the trade. The Company, therefore, cannot guarantee that the forward-looking statements
made herein shall be realized. The Company, based on changes as stated above, may alter, amend, modify or make necessary corrective
changes in any manner to any such forward looking statement contained herein or make written or oral forward-looking statements as
may be required from time to time on the basis of subsequent developments and events. The Company does not undertake any
obligation to update forward looking statements that may be made from time to time by or on behalf of the Company to reflect the
events or circumstances after the date hereof.
This document should be read in conjunction with the published financial results. Certain analysis undertaken and represented in this
document may constitute an estimate or interpretation and may differ from the actual underlying results.
Use of Operating Metrics: The operating metrics reported in this presentation are calculated using internal company data. While these
numbers are based on what we believe to be reasonable estimates for the applicable period of measurement, there are some inherent
challenges in these measurements. The methodologies used to measure these metrics are susceptible to source issues, calculation or
other technical errors. We regularly review our processes for calculating these metrics, and from time to time we may discover
inconsistencies in our metrics or may make adjustments to improve their accuracy, which can result in adjustments to previously
disclosed metrics. In addition, our metrics will differ from estimates published by third parties due to differences in methodology.
Zee Entertainment Enterprises Limited 2
Q1 FY27 Key Performance Highlights
Continue to invest in new strategic initiatives Maintaining healthy balance sheet
Rs 22.1 Bn
Rs 19,073 Mn 4.1%
1.6x
Q1 FY27 Operating Revenue; Cash and Cash
EBITDA Margin;
Up 5% YoY Q1 FY27 EBITDA of Rs 789 Mn Equivalent as of Jun’26 FCF/ PAT in FY26
‘Z’ Network gains share across Hindi and ‘Z’ Digital business growth momentum continues
other language markets
17.9% 58% 44 Mn 38
Shows and Movies
Q1 FY27 All India TV Network Share; ZEE5 YoY Revenue Growth;
ZEE5 Q1 FY27 EBITDA (Incl. 15 Originals)
Up 110 bps YoY Q1 FY27 Revenue Rs 4,571 Mn
Released in Q1 FY27
Viewership Share: BARC, All 15+ Yrs, (U)
Zee Entertainment Enterprises Limited ZEE5 Revenue and EBITDA includes Zee’s other digital businesses 3
: Continues to Remain Fastest Growing Vertical
➢ Stable usage and engagement metrics during the quarter Q1 FY27 revenues up
Key 58% YoY
Highlights ➢ 38 shows and movies released during the quarter including 15 originals Total Revenue (Rs Mn)
➢ Sustained positive unit economics driven by growth and operating leverage
4,700 4,571
4,180
3,108
2,900
Q1 FY27 Impact Releases
Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27
-84*
Q2 FY27 Slate
-312
-658
Delivered positive EBITDA after adjusting for the change in
EBITDA** (Rs Mn)
movies rights estimates
Business delivered positive
EBITDA
*Includes the change in estimates of movie rights inventory amortisation pattern
Zee Entertainment Enterprises Limited **EBITDA excludes costs incurred by the business on ZEEL network; 4
ZEE5 Revenue and EBITDA includes Zee’s other digital businesses
‘Z’ to Showcase Key FIFA Events for 8 Consecutive Years -2026 to 2034
~50 Bn 83% 400+ Mn
Watch Time FIFA watch
Reach
(Mins) across time from LIVE
(Live + Non- Live)
platforms matches on Z5
Of Indian feel
highly positive about ‘Z’
as a brand for bringing the
FIFA World Cup 2026 to Viewers in India
Zee Entertainment Enterprises Limited 5
Z5 Unveiled its
Largest
Multilingual
Content Slate
Ever, Spanning
Across
7 Languages
Click on the image to view the upcoming content slate
Zee Entertainment Enterprises Limited 6
‘Z’ Network Achieves Highest Viewership Share in Over 7 years in Week 24 of 2026
Industry TV Reach and Impressions
‘Z’ Network Share
Weekly Reach (mn) Weekly Impressions (bn)
20.0%
17.9%
17.4% 17.4%
748 731 732 28.4 16.8% 17.1% 16.8% 16.8%
27.6 27.1
Total TV viewership
remains stable
FY23 FY24 FY25 FY26 Q1 FY26 Q4 FY26 Q1 FY27 Week 24
Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27
All 15+ (U)
Key Launches in Q1 FY27
Invest & Grow
Viewership Focus:
Zee TV, Zee Marathi and
Zee Tamil
Strengthen & Monetize Tu Hi Re Dil Mein Krushnaichya Leki Annapurnar Lakkhira
Monetization Focus:
(Zee TV) (Zee Marathi) (Zee Bangla)
Zee Kannada, Zee Bangla, Zee
Sarthak, Zee Punjabi, Zee Telugu
& Hindi movies/ Cinema
Rajo Queen 2026 Sa Re Ga Ma Pa Lil Champs Drama Juniors S9
(Zee Sarthak) (Zee Kannada) (Zee Telugu)
TV reach & Impression Source: BARC, All India 2+ Yrs, (U + R); Q1FY27 till 2026 Week 24
Zee Entertainment Enterprises Limited Impression is defined as the total human-minutes of viewing of content, averaged per minute across total duration. 7
: 4 Hindi and 5 Other Language Movies Released During Q1 FY27
Distributed by Distributed by
Produced & Distributed by
Zee Studios Zee Studios Produced & Distributed by Produced & Distributed by
Zee Studios
Zee Studios Zee Studios
Hindi Other
Movies Language
Movies
Distributed by Produced & Distributed by
Zee Studios Zee Studios Distributed by Produced & Distributed by
Zee Studios Zee Studios
Zee Entertainment Enterprises Limited 8
Distributed by Produced & Distributed by Distributed by Distributed by
Zee Studios Zee Studios Zee Studios Zee Studios
: Music Label with ~177 Mn Subscribers on YouTube
Q1 FY27 Key Catalogue Additions All ZMC YouTube Channels Video Views & Subscribers Count
176 177
Q1 FY26 Q4 FY26 Q1 FY27
Total Subs count (Mn) Total Video Views during the Quarter (Bn)
Language Wise Songs Released in Q1 FY27
Zee Music Company added over 1.5 Mn subscribers during
the year on back of new age catalogue
Hindi & Punjabi,
Other Singles / Others, Bhojpuri, 9%
Hindi
Rights Languages Albums 50%
Acquired
Q1 FY27
Marathi, 8%
7 7 97
Telugu, 5%
Bengali, 3%
Tamil, 3%
Zee Entertainment Enterprises Limited 9
Key ESG High
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