AI Summary
✦ ClarthaZee Entertainment is an Indian television broadcaster and digital media company serving domestic and international audiences. Hindi general entertainment and movie channels anchor revenues, while regional channels and digital media provide additional reach. The SEBI market ban on Zee and its senior promoters triggered a sharp share-price decline, increasing financing uncertainty around planned fundraising. Revenue fell 2.4% year-on-year, while profit dropped 59.8%, with declining margins and only 2.3% ROE. Debt-to-equity of 2.26 indicates high leverage, which magnifies pressure on returns and financial flexibility. At 33.4 times earnings, the stock appears rich relative to weak growth and deteriorating profitability. Regulatory uncertainty and execution risk remain key open questions for investors.
Price Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
From 12 analysts
Fundamentals
Fundamentals institutional score is 18 using EVA spread proxy -9.7%; growth durability 36.1.
Valuation
Valuation institutional score is 96 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
Analyst View institutional score is 43 using mean target upside 10.3%; dispersion penalty 21.1; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 28 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is balanced or not decisive enough to tilt the tape. Based on 8 recent ticker-linked news items.
Signal Summary
Market intelligence remains Mixed. valuation provide support, while fundamentals and analyst consensus remain considerations.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 23.2% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -0.81). Confidence: 60%.
Live forward EPS implies next-12-month EPS of ₹8.18. Applying the stock's normalized valuation corridor produces a fair range of ₹295.38 to ₹419.63, with base value near ₹355.50 (+276.5% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹8.18
Forward P/E
11.5x
Base Fair Value
₹355.50
Fair Range
₹295.38 - ₹419.63
Upside To Base
+276.5%
Estimate Source
Live forward EPS
5Y Average
62.30
Current
33.40
Overvalued
51.30
Undervalued
36.11
5Y Average
2.08
Current
1.12
Overvalued
2.40
Undervalued
1.77
5Y Average
34.88
Current
18.75
Overvalued
48.39
Undervalued
22.63
Peers & Comparison
Sector: Communication Services · Theme: TV Channels & Broadcasters
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
SUN TV NETWORK LIMITED SUNTVTV Channels & Broadcasters | -9.6% | 33.2% | 13.3x Undervalued | -66% vs avg | -14.3% |
PVR INOX LIMITED PVRINOXTheatres | +10.4% | 6.5% | 40.1x Fair | +1% vs avg | +7.7% |
SAREGAMA INDIA LIMITED SAREGAMAMovies & TV Serials | +27.5% | 21.3% | 46.0x Premium | +16% vs avg | +6.8% |
TIPS MUSIC LIMITED TIPSMUSICMovies & TV Serials | +20.9% | 54.5% | 39.7x Fair | 0% vs avg | +10.5% |
CARTRADE TECH LIMITED CARTRADEOnline Services | +16.3% | 28.7% | 59.6x Premium | +50% vs avg | +26.2% |
ZEE ENTERTAINMENT ENT LTD trades at a discount (33.5x vs peer avg 39.7x), suggesting potential undervaluation relative to the Tv Channels & Broadcasters cohort. Peers include SUN TV NETWORK LIMITED, PVR INOX LIMITED, SAREGAMA INDIA LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹2.15K CrDec 2025Latest net profit
₹121 CrDec 2025Latest EPS
₹1.16Dec 2025Net margin
6.7%Dec 2025Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Dec 2025
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,934 | 1,832 | 2,299 | 1,914 | 2,029 | 2,001 | 1,871 | 1,836 | 2,004 | 1,684 | 1,848 | 2,149 |
| Expenses | 1,819 | 1,691 | 1,961 | 1,693 | 1,834 | 1,761 | 1,566 | 1,570 | 1,794 | 1,510 | 1,720 | 1,960 |
| Operating Profit | 61.25 | 86.47 | 283 | 165 | 139 | 184 | 249 | 214 | 160 | 125 | 80.4 | 144 |
| OPM % | 3.17% | 4.72% | 12.31% | 8.6% | 6.83% | 9.2% | 13.31% | 11.67% | 7.97% | 7.41% | 4.35% | 6.68% |
| Other Income | 69.58 | 21.92 | 73.4 | 24.9 | 20.61 | 20.6 | 129 | 34.9 | 49.9 | 37.2 | 41.3 | 27.1 |
| Interest | 39.1 | 23.05 | 21.9 | 18.05 | 6.13 | 5.1 | 6.5 | 10.7 | 7.3 | 7.2 | 12.9 | 8.3 |
| Depreciation | 54.12 | 54.42 | 55.8 | 56.21 | 56.26 | 55.3 | 55.5 | 52.6 | 50.8 | 49.2 | 47 | 44.6 |
| Profit before tax | 91.73 | 85.34 | 334 | 172 | 153 | 200 | 372 | 238 | 202 | 155 | 109 | 162 |
| Tax % | -27.34% | -6.63% | 17.79% | 20.34% | 26.94% | 25.51% | 20.26% | 13.25% | 23.72% | 27.93% | 28.03% | 25.45% |
| Net Profit | 117 | 91 | 275 | 137 | 112 | 149 | 296 | 207 | 154 | 112 | 78.3 | 121 |
| EPS in Rs | -3.65 | -0.15 | 1.62 | 0.79 | 0.88 | 1.17 | 3.20 | 1.31 | 1.62 | 1.16 | 0.82 | 1.16 |
All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.