By FMTeam It goes by the name Zee Group as well, and yes, this is the very business group behind the Zee TV too. Though the thing is, right now, not a lot of people know about this behind-the-scenes business group that owns a few companies and has a good influence in the Indian market, especially in the media industry. So let’s get to know things like Essel Group Net Worth, Owner, CEO, Head Office, and much more here.
| Company name | Essel Group (Zee Group) |
| Establishment year | 1926 |
| Head Office | Mumbai |
| Owner/Founder | Founder: Jagannath Goenka |
| CEO Name | Group CEO not publicly disclosed |
| Industry | Media conglomerate (historically media, infrastructure, packaging) |
| Number of employees | Around 8,000 (group-level public profiles) |
| Net worth / Market cap | ₹9,490 crore (recent) |
| Total revenue (2023) | ₹ 16,800 crore |
Company Profile
It was almost a century ago when the Essel Group started back in 1926 by none other than Jagannath Goenka. It was just a grain trading company back then, though. And sure, after a year of transformation, in 1976, Essel came into existence as a new business identity, with Subhash Chandra spearheading the company’s growth in the areas of packaging and media. And just in case you know, it was in 1992, Zee TV was introduced to the audience via ZEEL, which was the beginning of the group’s evolution to become one of the biggest media players in India from Mumbai, Maharashtra. Head office? That one is in Mumbai.
Net Worth
Can we tell you a straight-up net worth number for Essel Group? Well, nah, but it is not like we don’t want to, but instead, it is because there isn’t such a latest number available anywhere on the internet. Instead, what we have is the market cap number, which is around ₹9,490 crore (recent).
Future Outlook
Recent talks within the group itself? Well, in that category, we’ll first talk about how ZEEL is implementing a transformation plan for 2025 to evolve into a “content and technology powerhouse.” The company, led by Punit Goenka, is aggressively combining technology with content creation, distribution, and monetization as a means to increase the bottom line. Previous quarters revealed somewhat inconsistent outcomes, a drop in Q2 FY25 that was followed by a recovery in Q4 FY25, thus implying a gradual revival.