Tips Music Limited share price

NSE: TIPSMUSIC · ISIN INE716B01029

Key numbers

Market cap
₹ 8,521 Cr
Current price
₹ 668.95
52-week high / low
₹ 741 / 481
Stock P/E
39.9
Book value
₹ 20.3
Dividend yield
2.39%
ROCE
122.2%
ROE
92.3%
Debt to equity
0.02
Sales growth (3 yrs)
26.2%
Profit growth (3 yrs)
41.5%
1-year return
14.8%

About Tips Music Limited

Tips Music Limited engages in the acquisition and exploitation of music rights in India and internationally. The company involved in the production and acquisition of audiovisual music content and monetisation of the content library digitally. It also provides live events and concerts services. The company was formerly known as Tips Industries Limited and changed its name to Tips Music Limited in September 2024. The company was founded in 1975 and is based in Mumbai, India.

Quarterly results

Consolidated figures in ₹ crores

Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026
Sales788894104107
Operating profit3757757754
Net profit3146595944
EPS (₹)2.393.594.594.623.42

Concall summary (2026-07-28)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • Saket, we continue to maintain a 20% revenue and PAT guidance.
  • Sir, I'm referring to Page 6 of our investor presentation in which it is mentioned that the industry is expected to grow at 8%, whereas subscription revenue itself is growing at 40% to 50%, assuming 10% to 15% of th e overall revenue for the industry coming from subscribers.

Growth & demand

  • Revenue for Q1 FY '27 stood at INR106.51 crores, reflecting a 21% Y -o-Y growth.
  • Profit after tax amounted to INR43.89 crores, reporting a 4% degrowth compared to Q1 FY '26.

Margins & costs

  • Content costs increased by 90% Y -o-Y, driven by our new releases.
  • Like if you check historically also, so we have maintained around 65% to 70% of EBITDA margin, on a normalized level for a full year.

Capex & expansion

  • For the last quarter, you are saying that INR80 crores to INR90 crores of content we have acquired for the whole year.
  • Chirag, last year, we had acquired a Gujarati catalog.

Balance sheet & cash

  • Your company has announced a separate Board meeting to consider buyback of shares on 5th August 2026.
  • As stated earlier, we remain committed to distribute last year's PAT that is INR217 crores this year in form of dividend and buyback.

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