Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Oct
Source: Bse
Zee Media Corporation Limited (ZEEMEDIA)
Small CapMedia stocks · Small cap · NSE
Zee Media Corporation Limited operates in Telecom Services / Equipment, within the Media sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result14 Aug, 06:33 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Media P/E 15.0 (n=57)
Technical timing lens
Trend score and candlestick chart
54Neutralfull bear SMA stack · SMA20 -11.8% / mo · MACD + · near 52W low · sector +12.7pp vs Nifty 500 (3M)
Stock trend: 24
Sector RS: 100
Sector 3M: +7.1% vs Nifty 500 -5.6%
Media FPI tailwindBuilding
Latest FPI flow is positive, but a second consecutive positive fortnight is still required. View sector evidence
Technical chart
ZEEMEDIAD candles · FIT view-15.4%Latest close ₹7.03 on 2026-10-19
Bar
-1.0%
RSI
36
MACD hist
0.02
52W pos
8%
2026-10-19O ₹7.10H ₹7.16L ₹7.02C ₹7.03Vol 4.4L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
ZEEMEDIANifty MediaNifty 500
- ZEEMEDIA
- -13.0%
- Nifty 500
- -5.6%
- Nifty Media
- +7.0%
- Vs Nifty 500
- -7.4 pp
Chart stats
19 Oct 2026- From 52W high
- -39.1%
- 52W range position
- 8%
- ATR (14)
- 3.7%
- Volume vs 20D
- 0.44x
- Avg traded value
- ₹0.7 Cr
- 20D price channel
- ₹7 - ₹8
₹11.6
₹6.7 - ₹11.6
₹0.3
Latest completed session
20-session average
22.9% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · OVERVALUED25
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad12
Revenue +5.0% · PAT NDF YoY
Technical
Neutral54
Price trend and sector-relative-strength timing.
Valuation
Legacy model-1402.0%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence69
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 12/100margin compression · Rev +5% YoY · +21% QoQ
Filed 14 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹191 Cr | +5.0% | +20.9% |
| EBITDA | ₹16 Cr | -20.0% | +277.8% |
| Operating margin | 9.0% | -200 bps | +1500 bps |
| PAT | ₹-12 Cr | NDF | NDF |
| PAT margin | -6.3% | -133 bps | +1081 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 31.80
- P/B
- 1.01
- EV/EBITDA
- 3.08
- Market Cap
- 469.00Cr
Profitability
- ROE
- 3.63%
- ROCE
- 5.50%
- ROA
- 1.44%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 3.31%
- EPS 5Y
- -25.00%
- Revenue 3Y
- 3.00%
- EPS 3Y
- 59.00%
Balance Sheet
- Debt/Equity
- 0.18
- Interest Coverage
- 5.05×
- Altman Z
- 1.99
- Book Value
- 7.11
Cash Flow
- FCF Yield
- 20.90%
- FCF Positive Y
- 9/5
- OCF
- 75.00 Cr
- EPS TTM
- 0.24
Shareholding
- Promoter Hold
- 27.00%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 10%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 191+20.9% vs prev
Net Profit
₹ CrLatest: -12.0+55.6% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 36.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~13.3% over last month) — short-term momentum negative.
- RSI(14) at 36 — sideways, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 39% off 52W high · 6% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
25
RS percentile
Stage 4 Downtrend
1M return
-4.0%
3M return
-13.0%
6M return
-19.5%
1Y return
-30.0%
RS 1D
+2
RS 20D
+7
Sector rank
#15
Industry rank
#49
Stage evidence
- Price is 11.7% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -1.5%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
lagging
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 62.94+0.05%
RS vs Nifty 50063
Valuation & peers
U-Score 25 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 25 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation3/30
Growth3/25
Quality0/20
Balance Sheet6/15
Cash Flow10/10
Piotroski
8/9 (+5)
Penalties
-2
Raw sum
25
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
25/100 · legacy band OVERVALUED
Positive drivers
- FCF yield is supportive at 20.9%.
- Piotroski is strong at 8/9.
- Cash flow contributes 10/10 to the score.
Main drags
- Penalty bucket subtracts 2 points.
- Fair-value margin of safety is negative at -1402.0%.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
Telecom valuation: EV/EBITDA against ARPU, debt, and capex
Telecom needs enterprise-value and cash-flow framing because leverage is structurally important.
Primary lens
EV/EBITDA and debt-adjusted cash generation.
Secondary checks
ARPU growth, subscriber quality, spectrum liabilities, capex intensity.
Main risk check
High EBITDA can still be weak equity value if debt and capex absorb cash.
PE
31.8
PB
1.0
EV/EBITDA
3.1
ROE
3.6%
ROCE
5.5%
FCF Yield
20.9%
Debt/Equity
0.2
MoS
-1402.0%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
25
Previous: 26 (-1)
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-1402.0%
Previous: -1402.0%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
26
26
26
26
26
26
26
26
26
26
26
26
Factor attribution
Balance sheet
6-1
was 7
Modelled fair value
Graham Number
₹6.2
-13.5% MoS
Growth-justified P/E
1.9
Growth-justified Value
₹0.47
-1402.0% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Media — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
TVTODAY
Small
TV Today Network Limited
Telecom
match 99
28
22.2
2.1%
-2307%
OVERVALUED
SHEMAROO
Small
Shemaroo Entertainment Limited
Telecom
match 98
14
—
-58.8%
—
OVERVALUED
TVSELECT
Small
TVS Electronics Limited
Telecom
match 96
22
—
1.7%
—
OVERVALUED
RADIOCITY
Small
Music Broadcast Limited
Telecom
match 95
38
4.3
139.0%
-62%
WATCHLIST
NDTV
Small
New Delhi Television Limited
Telecom
match 95
20
—
-340.0%
—
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Zee Media Corporation Limited operates in Telecom Services / Equipment, within the Media sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
69Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 59th percentile of the scored universe and 77th percentile within Media. Main check: financial discipline is weak at 30/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
12 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
59th percentile
overall median 67 · Media: 77th pctile, median 63 · Small: 63rd pctile, median 66
Evidence depth
Financial-only
12 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
82
strong · holding, pledge, alignment
Cash flow
89
strong · profit to cash conversion
Balance sheet
81
strong · leverage and solvency
Discipline
30
weak · capital discipline
Results
57
watch · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸Promoter holding increased 23.8%.
- ▸FCF yield is 17.4%.
- ▸8 years of positive FCF.
Trust risks
- ▸ROCE is low at 5.3%.
- ▸ROE is low at 3%.
- ▸ROCE trend is -11.1%.
- ▸OPM spread across recent quarters is 57%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Zee Media Corporation Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Sep
Source: Bse
Annual report
Business Responsibility and Sustainability Reporting (BRSR) 31 Aug - Zee Media filed its FY2025-26 BRSR as part of the annual report.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.