Zee Entertainment Enterprises Ltd
Zee Entertainment Enterprises Q3 FY25 earnings call: Revenue & Margins
Q3 FY25 earnings call: what management guided on revenue, margins and order book.
The short version
The company is focused on accelerating revenue growth going forward after making good strides on margins (Page 8). - Advertising revenues were down 8% YoY due to FMCG ad spend slowdown, especially in urban areas and Hindi markets, but South and other language markets are holding better (Page 6-7). - Subscription revenue momentum remains strong, with nine-month FY‘25 subscriptions up 8.2%, supported by new channel tariff implementation and digital growth via ZEE5 (Page 5, 6, 11-12). - Advertisement spend trend has shifted upward from about Rs. The company targets an EBITDA margin of 18% to 20% by FY’26 as approved by the Board.
From Zee Entertainment Enterprises Ltd's Q3 FY25 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- The company is focused on accelerating revenue growth going forward after making good strides on margins (Page 8).
- Advertising revenues were down 8% YoY due to FMCG ad spend slowdown, especially in urban areas and Hindi markets, but South and other language markets are holding better (Page 6-7).
- Subscription revenue momentum remains strong, with nine-month FY‘25 subscriptions up 8.2%, supported by new channel tariff implementation and digital growth via ZEE5 (Page 5, 6, 11-12).
- Advertisement spend trend has shifted upward from about Rs. 250 crores to Rs. 300 crores per quarter due to seasonal launches and new shows; this higher run rate is expected to continue with some seasonality-driven volatility (Page 17).
- International ad sales grew 22% YoY (nine months FY‘25), showing efforts to diversify revenue sources (Page 10).
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Profitability & Margins
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Capital Expenditure Plans
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Top-ranked in Entertainment
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
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Order Book & Pipeline
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Zee Entertainment Enterprises Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹2.0K Cr, net loss ₹104 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Zee Entertainment Enterprises Ltd's management said in earlier quarters
- Q2 FY26 earnings call analysis →
- Q1 FY27 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q4 FY26 earnings call analysis →
- Q1 FY26 earnings call →
- Q4 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
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Frequently Asked Questions
What were Zee Entertainment Enterprises Ltd Q3 FY25 results?
The company is focused on accelerating revenue growth going forward after making good strides on margins (Page 8). - Advertising revenues were down 8% YoY due to FMCG ad spend slowdown, especially in urban areas and Hindi markets, but South and other language markets are holding better (Page 6-7). - Subscription revenue momentum remains strong, with nine-month FY‘25 subscriptions up 8.2%, supported by new channel tariff implementation and digital growth via ZEE5 (Page 5, 6, 11-12). - Advertisement spend trend has shifted upward from about Rs. The company targets an EBITDA margin of 18% to 20% by FY’26 as approved by the Board.
What is Zee Entertainment Enterprises Ltd share price analysis?
Zee Entertainment Enterprises Ltd currently shows a neutral. The stock trades at a P/E of 32.5 with a market cap of ₹9,082 Cr. Investors should review the full earnings analysis for detailed insights.
Is Zee Entertainment Enterprises Ltd planning capital expenditure?
The transcript does not explicitly mention any specific current or future capex or strategic capital investments.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.