Tips Music logo

Tips Music

TIPSMUSIC NSE

Key Fundamentals

MicrocapMedia & EntertainmentMedia
Market Cap
₹8,388 Cr
Volatility
Moderate
P/E Ratio
39.4
EBITDA
₹295 Cr
Return on Equity
83.38%
Debt to Equity
0.02
Book Value
₹20.34
EPS
₹11.24
52W High
₹741
52W Low
₹481.15

Tapetide Score

Data-driven rating, 0–100. How it works →

Key Insights

Strengths

5
  • Company is almost debt free.
  • Company has delivered good profit growth of 36.7% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 83.2%
  • Company has been maintaining a healthy dividend payout of 63.6%
  • Company's median sales growth is 24.7% of last 10 years

Weaknesses

2
  • Stock is trading at 32.5 times its book value
  • Promoter holding has decreased over last 3 years: -10.8%

Growth Rate

Revenue Growth
19.59% lower than 3Y
Net Income Growth
30.07% lower than 3Y
Cash Flow Change
63.84% higher than 3Y
ROE
4.89% lower than 3Y
ROCE
13.42% lower than 3Y
EBITDA Margin (Avg.)
9.15% lower than 3Y

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 44d ago
AI opinion · based on fundamentals
Risk medium

Tips Music Ltd is a debt-free music content company with a market cap of ₹8,461 Cr, trading at a PE of 39.7x and PB of 32.7x. The company has delivered 38% profit CAGR over 5 years with ROE consistently above 80% in recent years, but faces valuation concerns and deteriorating working capital efficiency.

Bull Case 7
  • Virtually debt-free balance sheet, providing financial flexibility and resilience against interest rate cycles
  • Exceptional 5-year compounded profit growth of 38% CAGR, demonstrating strong earnings momentum
  • Outstanding return on equity at 92% in the last year and 86% over 3 years, indicating highly efficient capital deployment
  • Healthy dividend payout ratio of 63.6% with a current yield of 1.96%, rewarding shareholders consistently
  • TTM revenue growth of 21% and 10-year median sales growth of 24.7%, reflecting sustained demand for music content
  • 10-year stock CAGR of 61% and 5-year CAGR of 41%, showing long-term wealth creation track record
  • 5-year compounded sales growth of 33% indicates the company has scaled revenue significantly in the streaming era
Bear Case 7
  • Stock trades at 32.7x book value, leaving minimal margin of safety if growth decelerates
  • Promoter holding has declined by 10.8% over the last 3 years, raising questions about insider confidence or potential dilution
  • Working capital days have deteriorated sharply from 70.1 days to 192 days, signalling potential collection inefficiencies or revenue recognition timing issues
  • PE ratio of 39.7x prices in significant future growth; any earnings miss could trigger a sharp re-rating downward
  • TTM sales growth of 21% has decelerated from the 3-year CAGR of 26% and 5-year CAGR of 33%, suggesting a potential growth slowdown
  • 52-week high and low data unavailable, limiting visibility on recent price volatility and technical support levels
  • High valuation multiples make the stock vulnerable to broader market de-rating in a rising interest rate or risk-off environment

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 42d ago
Headwinds 2
  • Q1 net profit dips 4.7% YoY Jul 24

    Tips Music reported ₹43.70 crore net profit for Q1FY27, down 4.7% YoY despite revenue growth, indicating margin compression.

  • Buyback proposal deferred Jul 22

    The company deferred its proposed share buyback with no revised timeline or reasons disclosed, removing a near-term capital return catalyst.

Positives 1
  • Q1 revenue up ~20% YoY Jul 24

    Revenue rose 19.8% YoY to ₹112.34 crore (₹1.07B) in Q1FY27 from ₹881M a year ago, reflecting strong top-line momentum.

Neutral 1
  • Q1FY27 earnings call hosted Jul 23

    Tips Music uploaded the audio recording of its Q1FY27 earnings call held on July 22, with CMD Kumar Taurani participating.

TL;DR: Tips Music delivered strong ~20% revenue growth in Q1FY27 but saw a 4.7% decline in net profit, suggesting rising costs or investments are pressuring margins. The buyback deferral removes a shareholder-friendly catalyst in the near term. The top-line trend remains robust, but investors should watch whether margin headwinds persist in coming quarters.

Quarterly Results

Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
53
61
65
63
74
81
78
78
88
89
94
104
107
Expenses
18
11
21
33
20
21
22
41
32
21
20
27
53
Operating Profit
35
50
43
30
54
59
56
37
57
68
75
77
54
OPM %
67%
82%
67%
48%
74%
74%
72%
48%
64%
76%
79%
74%
50%
Other Income
2
4
3
5
5
6
4
5
6
5
5
4
6
Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
Depreciation
1
0
0
0
1
1
1
1
1
1
1
1
1
PBT
36
53
46
35
58
64
59
41
62
72
79
80
58
Tax %
25%
25%
25%
26%
25%
25%
25%
26%
26%
26%
25%
26%
25%
Net Profit
27
40
35
26
44
48
44
31
46
53
59
59
44
EPS in Rs
2.11
3.09
2.7
2.01
3.41
3.77
3.46
2.39
3.59
4.16
4.59
4.62
3.42
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
102
68
47
47
203
91
91
136
187
242
311
376
394
Expenses
87
53
50
38
197
93
35
49
85
83
104
100
121
Operating Profit
15
15
-3
10
6
-2
55
86
102
158
207
276
273
OPM %
15%
22%
-7%
20%
3.1%
-2.2%
61%
64%
55%
66%
67%
73%
69%
Other Income
1
3
19
2
4
18
5
3
5
14
19
19
19
Interest
12
13
10
7
2
0
0
0
0
0
0
0
0
Depreciation
2
2
1
1
1
1
1
1
1
2
2
2
3
PBT
3
4
4
4
7
14
59
89
106
171
223
292
289
Tax %
18%
20%
31%
22%
61%
21%
27%
27%
28%
25%
25%
26%
Net Profit
3
3
3
3
3
11
43
65
77
127
167
217
215
EPS in Rs
0.18
0.2
0.21
0.22
0.2
0.79
3.35
4.98
5.96
9.9
13.03
16.96
16.79
Div. Payout %
57%
50%
48%
46%
50%
19%
4%
4%
8%
61%
54%
77%
Figures in ₹ Crores

Balance Sheet

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
15
15
14
14
14
14
13
13
13
13
13
13
Reserves
55
55
54
55
56
66
88
89
123
167
197
247
Borrowings
106
89
64
36
8
2
0
0
4
5
3
5
Other Liabilities
4
15
3
97
15
8
49
44
53
154
126
97
Total Liabilities
180
174
135
202
95
90
150
147
193
339
339
362
Fixed Assets
28
26
25
23
15
15
15
7
5
8
7
14
CWIP
0
0
0
0
0
0
0
0
0
0
1
0
Investments
0
0
0
0
0
6
18
5
13
91
95
150
Other Assets
153
148
111
179
79
70
117
135
174
240
237
198
Total Assets
180
174
135
202
95
90
150
147
193
339
339
362
Figures in ₹ Crores

Cash Flow

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
37
30
33
43
25
31
43
29
81
233
120
197
Investing
3
1
0
0
9
-5
-14
-36
-48
-111
11
-63
Financing
-42
-40
-34
-39
-31
-9
-25
-3
-43
-85
-139
-168
Net Cash Flow
-2
-9
-1
5
3
17
5
-9
-11
37
-8
-34
Free Cash Flow
36
30
33
43
34
30
43
29
80
230
119
191
CFO/OP
235
209
-898
449
451
-1,707
102
59
110
175
87
98
Figures in ₹ Crores

Ratios

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
11
72
46
69
19
73
61
48
40
40
32
33
Cash Conversion Cycle
11
72
46
69
19
73
61
48
40
40
32
33
Working Capital Days
399
523
600
267
62
127
278
136
5
-46
64
46
ROCE %
8%
10%
10%
9%
8%
18%
64%
86%
87%
104%
109%
118%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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46 extracted metrics + investor summaries across FY14–FY27.

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Shareholding Pattern

DIIs5.36%Promot.64.15%Others6.02%FIIs7.99%Public16.47%As ofJun 2026

Documents

Frequently Asked Questions about Tips Music

What does Tips Music Ltd do?
Tips Industries Limited, incorporated in 1996, is engaged in the business of Production and Distribution of motion Pictures and acquisition and exploitation of Music of Rights. The co is also a leading producer of Punjabi films in the country. [1][2]
Where is Tips Music Ltd (TIPSMUSIC) listed?
Tips Music Ltd trades as TIPSMUSIC on the NSE and under code 532375 on the BSE.
Which sector does Tips Music Ltd belong to?
Tips Music Ltd is classified under the Consumer Discretionary sector, in the Entertainment industry.
What is the market capitalisation of Tips Music Ltd?
Tips Music Ltd has a market capitalisation of ₹8,388 Cr, which places it in the Mid Cap band.
What is the PE ratio of Tips Music Ltd?
Tips Music Ltd trades at a PE ratio of 39.40, on earnings per share of ₹11.24, against a book value of ₹20.34 per share.
What is the 52-week high and low of Tips Music Ltd?
Over the last 52 weeks Tips Music Ltd has traded between ₹481.15 and ₹741.
Does Tips Music Ltd pay dividends?
Tips Music Ltd has a dividend yield of 1.97%.
What is the Return on Equity (ROE) of Tips Music Ltd?
Tips Music Ltd reported a return on equity of 83.38%. Its debt-to-equity ratio is 0.02.

Company Information

Tips Industries Limited, incorporated in 1996, is engaged in the business of Production and Distribution of motion Pictures and acquisition and exploitation of Music of Rights. The co is also a leading producer of Punjabi films in the country. [1][2]

Website tips.in
Listed 2000-11-10
Face Value ₹ 1
Issued Size 12,78,31,590

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