Tips Industries Ltd

₹ 1,750 -1.00%
05 Aug - close price
About

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]

Key Points

Collection
The co has a large music library with a collection of over 29,000 songs across various genres and major regional languages. The co has produced and released around 40 Hindi films in the past 20 years and also sells the theatrical, satellite and various other rights to distributors, broadcasters etc. [1]

  • Market Cap 2,269 Cr.
  • Current Price 1,750
  • High / Low 2,347 / 873
  • Stock P/E 30.0
  • Book Value 78.8
  • Dividend Yield 0.11 %
  • ROCE 85.4 %
  • ROE 63.4 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 85.1% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 44.4%
  • Debtor days have improved from 60.6 to 48.2 days.

Cons

  • Stock is trading at 22.2 times its book value

* 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

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
37 12 24 19 15 16 31 28 28 96 44 34 34
9 24 16 19 7 7 13 9 9 13 16 14 12
Operating Profit 27 -12 8 -0 8 9 19 19 19 82 28 20 22
OPM % 74% -103% 35% -2% 54% 57% 59% 69% 66% 86% 63% 60% 66%
1 16 1 1 1 0 1 3 1 1 1 1 1
Interest 0 0 0 -0 0 -0 -0 -0 -0 -0 -0 0 0
Depreciation 23 1 3 -0 0 0 0 0 0 55 0 0 0
Profit before tax 4 3 6 1 9 10 19 22 19 28 28 21 23
Tax % 21% 11% 22% 54% 29% 29% 36% 16% 25% 25% 24% 25% 25%
Net Profit 3 3 5 0 6 7 12 18 15 21 22 16 17
EPS in Rs 2.34 1.83 3.51 0.25 4.68 5.18 9.53 14.05 11.22 16.17 16.55 12.25 13.22

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
67 72 138 104 102 68 47 47 203 91 91 136 209
55 56 118 108 87 53 50 38 197 93 35 49 56
Operating Profit 11 17 20 -5 15 15 -3 10 6 -2 55 86 153
OPM % 17% 23% 14% -5% 15% 22% -7% 20% 3% -2% 61% 64% 73%
1 1 1 2 1 3 19 2 4 18 5 3 4
Interest 6 5 5 11 12 13 10 7 2 0 0 0 0
Depreciation 2 2 2 2 2 2 1 1 1 1 1 1 56
Profit before tax 4 11 15 -16 3 4 4 4 7 14 59 89 101
Tax % 23% 17% 20% -5% 18% 20% 31% 22% 61% 21% 27% 27%
Net Profit 3 9 12 -16 3 3 3 3 3 11 43 65 76
EPS in Rs 1.86 5.51 7.59 -10.55 1.75 2.01 2.08 2.19 1.99 7.93 33.44 49.66 58.19
Dividend Payout % 67% 36% 28% -9% 57% 50% 48% 46% 50% 19% 6% 4%
Compounded Sales Growth
10 Years: 6%
5 Years: 24%
3 Years: -13%
TTM: 101%
Compounded Profit Growth
10 Years: 18%
5 Years: 85%
3 Years: 224%
TTM: 46%
Stock Price CAGR
10 Years: 42%
5 Years: 98%
3 Years: 230%
1 Year: 70%
Return on Equity
10 Years: 16%
5 Years: 31%
3 Years: 44%
Last Year: 63%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
16 16 15 15 15 15 14 14 14 14 13 13
Reserves 64 69 72 54 55 55 54 55 56 66 88 89
54 40 99 133 106 89 64 36 8 2 -0 4
15 55 29 38 4 15 3 97 15 8 47 40
Total Liabilities 149 179 216 240 180 174 135 202 95 90 148 147
33 29 31 30 28 26 25 23 15 15 15 7
CWIP -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Investments 0 0 0 0 0 0 0 0 0 6 18 3
116 150 184 211 153 148 111 179 79 70 116 137
Total Assets 149 179 216 240 180 174 135 202 95 90 148 147

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
13 44 -55 -16 37 30 33 43 25 31 41 29
-1 -1 -3 -0 3 1 0 0 9 -5 -12 -27
-16 -22 46 19 -42 -40 -34 -39 -31 -9 -25 -3
Net Cash Flow -4 22 -12 3 -2 -9 -1 5 3 17 5 -1

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 125 127 23 18 11 72 46 69 19 73 61 48
Inventory Days
Days Payable
Cash Conversion Cycle 125 127 23 18 11 72 46 69 19 73 61 48
Working Capital Days 399 260 332 477 401 534 600 305 62 127 278 153
ROCE % 8% 15% 12% -2% 8% 10% 10% 9% 8% 18% 65% 85%

Shareholding Pattern

Numbers in percentages

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
74.82 74.82 74.82 75.35 75.35 74.98 74.98 74.98 74.98 74.98 74.98 74.98
0.00 0.00 0.00 0.00 0.36 0.35 0.77 1.02 0.86 1.04 1.01 0.64
0.00 0.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.00
25.18 25.14 25.18 24.65 24.29 24.68 24.25 24.00 24.16 23.98 23.98 24.38

Documents