Tips Films Ltd

Tips Films Ltd

₹ 706 -6.15%
02 May 4:01 p.m.
About

Tips Films is engaged in production and Distribution of Movies through Satellite, Theatres, and Digital modes. It is also engaged in Distribution of Music Rights.[1]

Key Points

Demerged from Tips Industries[1] In FY22, Tips Industries Ltd approved a Demerger between Tips Industries (Demerged company) and Tips Films (Resulting company). The shareholders of TIPS Industries received 1 share in Tips Films for every three shares held in Tips Industries. After demerger Tipms films got property worth 12 crs and cash of 50 crs and 10 cr of insurance. In FY23, company issued 43,22,886 equity shares of Rs.10/- at par under the demerger scheme.[2]

  • Market Cap 309 Cr.
  • Current Price 706
  • High / Low 995 / 405
  • Stock P/E 283
  • Book Value 210
  • Dividend Yield 0.71 %
  • ROCE 0.96 %
  • ROE 1.19 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter
  • Debtor days have improved from 84.9 to 45.1 days.

Cons

  • Tax rate seems low
  • Earnings include an other income of Rs.1.60 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Figures in Rs. Crores

Dec 2019 Mar 2020 Sep 2020 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
24.10 18.51 16.47 2.10 15.13 12.56 31.66 0.66 4.46 12.38 60.14
17.93 18.97 7.14 2.09 3.58 2.03 29.70 2.45 5.60 13.00 56.46
Operating Profit 6.17 -0.46 9.33 0.01 11.55 10.53 1.96 -1.79 -1.14 -0.62 3.68
OPM % 25.60% -2.49% 56.65% 0.48% 76.34% 83.84% 6.19% -271.21% -25.56% -5.01% 6.12%
0.85 0.71 0.41 9.09 0.28 0.30 0.43 0.33 0.31 0.30 0.66
Interest 0.11 -0.15 0.00 0.05 0.35 0.45 0.72 0.19 0.09 0.09 0.11
Depreciation 0.49 -0.39 0.22 0.13 0.13 0.13 0.13 0.18 0.19 0.20 0.20
Profit before tax 6.42 0.79 9.52 8.92 11.35 10.25 1.54 -1.83 -1.11 -0.61 4.03
Tax % 21.81% 54.43% 29.31% 29.15% 29.07% 29.27% -76.62% 0.00% 0.00% 0.00% -14.89%
5.02 0.36 6.73 6.32 8.05 7.25 2.72 -1.83 -1.11 -0.61 4.64
EPS in Rs 14.62 18.62 16.77 6.29 -4.23 -2.57 -1.41 10.73
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.00 0.00 66.83 61.45 77.64
0.00 0.00 63.42 37.34 77.51
Operating Profit 0.00 0.00 3.41 24.11 0.13
OPM % -2.21% 5.10% 39.24% 0.17%
0.00 0.00 6.54 10.10 1.60
Interest 0.00 0.00 0.00 1.64 0.47
Depreciation 0.00 0.00 0.45 0.52 0.77
Profit before tax 0.00 0.00 9.50 32.05 0.49
Tax % 21.03% 26.74% 24.09% -122.45%
0.00 0.00 6.95 24.33 1.09
EPS in Rs 56.28 2.52
Dividend Payout % 0.00% 8.88% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 26%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -96%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 66%
Return on Equity
10 Years: %
5 Years: %
3 Years: 16%
Last Year: 1%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 0.05 0.05 4.32 4.32 4.32
Reserves -0.05 -0.05 63.34 87.61 86.50
0.00 0.00 0.00 17.55 0.00
0.00 0.00 20.21 35.39 13.49
Total Liabilities 0.00 0.00 87.87 144.87 104.31
0.00 0.00 13.15 12.76 14.07
CWIP 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.20 0.00 0.00
0.00 0.00 74.52 132.11 90.24
Total Assets 0.00 0.00 87.87 144.87 104.31

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
30.52 0.00 10.42 -26.69 22.82
-4.66 0.00 -5.73 9.12 -0.43
-8.59 0.00 0.00 15.97 -20.18
Net Cash Flow 17.27 0.00 4.69 -1.60 2.22

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0.00 124.68 45.13
Inventory Days 0.00
Days Payable
Cash Conversion Cycle 0.00 124.68 45.13
Working Capital Days 156.86 466.04 211.18
ROCE % 28.08% 38.04%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.98% 74.98% 74.98% 74.98% 74.98% 74.98%
0.08% 0.08% 0.08% 0.07% 0.05% 0.05%
24.93% 24.94% 24.94% 24.94% 24.97% 24.97%
No. of Shareholders 13,30612,00210,7719,7958,5798,443

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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