ZEE ranks as the top Media & Entertainment Company in the ET 500 list for 2016
The 2016 edition of the ET 500 list of India's Top 500 Companies features leading content conglomerate, Zee Entertainment Enterprises Limited (ZEEL) as the top Media & Entertainment company. ZEE ranks at #203, climbing up 15 places from #218 in 2015.
The theme of this year's ET 500 list is 'Future-Ready' and ranks India's investable companies with good fundamentals and future-ready business models. These companies have the ability to rise above the current uncertainty and deliver meaningful return to shareholders.
To compile the list, ET considered companies with market capitalisation of more than Rs 100 cr which were ranked based on total income (or revenue) in FY16 and annual reports released before Sept 30. The financial results for periods other than 12 months were annualised. Companies which traded on less than 75% of the total traded days on the BSE during the three months to Sept 30 were excluded. Revenue, profit after tax (PAT), and market capitalisation were sourced from ETIG database, Total assets, return on capital employed (RoCE), and return on assets (RoA) were sourced from Capitaline while Market capitalization was the average for October. Other notable M & E companies on the list include Network 18 Media (#298), DishTV (#322), Sun TV Network (#337) and HT Media (#370).