Tips Music Limited

Tips Music Limited

723.25
INR
-24.75
(-3.31%)
16.22EPS
38.64P/E
80.12BMarket Cap
Jan 25Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
6.75
6.68
4.47
3.27
3.32
14.19
6.35
6.81
10.45
14.42
18.81
24.29
29.36
30.74
Basic EPS, GAAP
-1.06
0.18
0.2
0.21
0.22
0.2
0.79
3.27
4.98
5.91
9.9
13.02
16.95
16.22
Free Cash Flow per Basic Share
-1.05
2.38
1.96
2.31
3.02
1.65
2.09
3.2
2.23
6.2
17.92
9.28
14.9
- -
Dividend per Share
0.21
0.1
0.1
0.12
0.12
0.12
0.12
0.15
0.2
0.2
6.5
7
12.99
- -
Book Value per Share
4.55
4.57
4.74
4.75
4.87
4.94
5.61
7.81
7.9
10.6
13.98
16.39
20.34
- -
Tangible Book Value per Share
4.55
4.57
4.74
4.75
4.87
4.8
5.19
7.5
7.31
9.45
13.52
16.21
19.19
- -
Basic Weighted Avg Shares
154
153
153
144
143
143
143
133
130
130
128
128
128
128
Sales/Revenue/Turnover
1,037
1,024
684
470
475
2,032
910
905
1,356
1,868
2,416
3,107
3,755
3,928
Operating Margin (%)
-6.45
13.55
21.45
-5.42
24.04
6.68
24.62
69.92
80.54
80.58
66.65
65.84
73.1
65.85
Depreciation Expense
19
18
16
15
14
13
12
8
7
13
20
22
25
28
Net Income, GAAP
-162
27
30
30
31
28
113
435
646
765
1,272
1,666
2,167
2,073
Effective Tax Rate (%)
- -
18.43
20.47
30.7
21.81
60.94
21.01
26.6
27.15
27.57
25.43
25.37
25.74
25.58
Profit Margin (%)
-15.67
2.64
4.43
6.34
6.58
1.4
12.46
48.02
47.61
40.97
52.64
53.61
57.72
52.76
Working Capital
901
1,229
1,018
783
426
435
580
1,205
1,179
1,113
1,922
1,913
2,053
- -
LT Debt
604
897
647
491
137
20
19
- -
36
31
36
20
38
- -
Total Equity
698
703
715
680
697
707
804
1,013
1,024
1,362
1,795
2,095
2,600
- -
Return on Invested Capital (%)
- -
1.11
0.47
-7.07
5.71
3.51
-2.45
44.74
56.71
56.81
73.38
76.79
84.48
- -
Return on Capital (%)
- -
6.94
8.13
6.88
6.99
3.95
14.32
47.39
62.24
62.29
78.53
83.92
90.74
- -
Return on Common Equity (%)
-20.6
3.86
4.28
4.27
4.54
4.06
15.01
47.86
63.4
64.15
80.57
85.63
92.33
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
13
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
38
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
128
128
128
Market Capitalization
70,595
63,110
80,125

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
3,023
- -
Cash, Cash Equivalents & STI
- -
2,358
- -
Accounts Receivable, Net
- -
343
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
969
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
13
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.55%
21.35%
24.06%
Free Cash Flow
40.89%
68.97%
60.59%
Net Income, GAAP
77.02%
38.87%
30.13%
Sales/Revenue/Turnover
40.83%
33.27%
20.87%
Total Cash Common Dividend
- -
- -
85.71%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
739
806
777
785
3,107
2026
881
- -
943
1,039
3,755
2027
1,065
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3.4
3.77
3.46
2.39
13.02
2026
3.59
- -
4.59
4.62
16.95
2027
3.42
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
7
2026
- -
- -
- -
- -
12.99
2027
- -
- -
- -
- -
- -

Company Description

CEO
Hari Nair
Full Time Employees
98
Sector
Consumer services
Industry
Movies/Entertainment
Address
Raheja Chambers Mumbai MA India 400054
IPO Date
Sep 26, 2000
Website
tips.in
Business
Tips Music Limited Tips Music Limited (TIPSMUSIC.NS), founded in 1975 and headquartered in Mumbai, India, operates as an integrated music entertainment company focused on the creation, acquisition, aggregation, and exploitation of music and audio-visual content rights through digital licensing and distribution platforms worldwide. The company maintains an extensive music library comprising over 30,000 songs spanning diverse genres including film, non-film, devotional, pop, remixes, folk, and cultural tracks across major Indian languages such as Hindi, Punjabi, Gujarati, Bhojpuri, Marathi, and others; it monetizes this catalog via global digital streaming services like YouTube, Spotify, JioSaavn, Apple Music, Amazon Prime Music, Resso, TikTok, ShareChat, and Moj, while also offering live events, concerts, and public performance royalties. Tips Music Limited caters to a broad audience of listeners, artists, and platforms in India and international markets, with a workforce of approximately 59 employees and a strategic emphasis on regional and non-film content to drive digital revenue growth. In recent developments, the company changed its name from Tips Industries Limited to Tips Music Limited in September 2024 to better reflect its core music business following a demerger; it expanded its regional portfolio in August 2024 by acquiring Studio Radha's complete catalog of over 4,000 traditional Gujarati and Kutchi songs encompassing devotional, folk, and cultural storytelling tracks, now available on major streaming platforms. Additional strategic moves include a direct partnership with TikTok announced in November 2024 to broaden music reach, renewal of an exclusive global publishing deal with Sony Music Publishing in early 2025, and a collaboration with Sterling Reserve Music Project for the 'Tips Take 2' initiative launched in December 2024 to reimagine Bollywood classics. The company appointed Hari Nair as Chief Executive Officer and Chandrashekar Ponnuswamy as an Independent Director in 2024, while planning further catalog acquisitions projected at INR 95-120 crores for FY26, targeting 30% year-over-year growth in revenue and profitability through diversified digital monetization and public performance expansion.