Zee Entertainment Enterprises Limited — Investor Meet, 19-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Zee Entertainment's FY26 operating revenue dipped 2% YoY to ₹8,098.9 Cr, with adjusted EBITDA falling 37% to ₹754.7 Cr (9.3% margin). Q4 also saw revenue drop 7% YoY to ₹2,024.8 Cr, leading to a ₹103.7 Cr loss. Profitability was hit by a weak ad environment and higher A&P. However, ZEE5 revenue grew 53% to ₹1,488.8 Cr, achieving adjusted EBITDA breakeven for FY26. The company boasts a healthy cash position of ₹2,760 Cr and increased TV network share to 17.4%. Strategic investments in AVGC and live events are underway, alongside new digital initiatives. Management maintains a focus on content and cross-platform monetization, showing cautious optimism amidst market challenges.