Tips Industries Ltd

Tips Industries Ltd

₹ 461 1.65%
14 Jun - 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[1]
The co has a large music library with a collection of over 30,000 songs across various genres and 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.

  • Market Cap 5,923 Cr.
  • Current Price 461
  • High / Low 531 / 210
  • Stock P/E 46.6
  • Book Value 14.0
  • Dividend Yield 1.30 %
  • ROCE 107 %
  • ROE 80.6 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 132% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 70.6%
  • Company has been maintaining a healthy dividend payout of 24.3%

Cons

  • Stock is trading at 33.0 times its book value
  • Promoter holding has decreased over last quarter: -5.06%

* 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

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
28 28 29 44 34 34 50 51 52 53 61 65 63
9 9 11 16 14 12 22 25 26 18 11 21 33
Operating Profit 19 19 18 28 20 22 27 26 26 35 50 43 30
OPM % 69% 66% 61% 63% 60% 66% 55% 51% 51% 67% 82% 67% 48%
3 1 1 1 1 1 1 1 2 2 4 3 5
Interest -0 -0 -0 -0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 1 0 0 0
Profit before tax 22 19 18 28 21 23 28 27 28 36 53 46 35
Tax % 16% 25% 39% 24% 25% 25% 25% 25% 34% 25% 25% 25% 26%
18 15 11 22 16 17 21 20 18 27 40 35 26
EPS in Rs 1.41 1.12 0.87 1.66 1.23 1.32 1.61 1.56 1.43 2.11 3.09 2.70 2.01
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
138 104 102 68 47 47 203 91 91 136 187 242
118 108 87 53 50 38 197 93 35 49 85 83
Operating Profit 20 -5 15 15 -3 10 6 -2 55 86 102 158
OPM % 14% -5% 15% 22% -7% 20% 3% -2% 61% 64% 55% 66%
1 2 1 3 19 2 4 18 5 3 5 14
Interest 5 11 12 13 10 7 2 0 0 0 0 0
Depreciation 2 2 2 2 1 1 1 1 1 1 1 2
Profit before tax 15 -16 3 4 4 4 7 14 59 89 106 171
Tax % 20% -5% 18% 20% 31% 22% 61% 21% 27% 27% 28% 25%
12 -16 3 3 3 3 3 11 43 65 77 127
EPS in Rs 0.76 -1.06 0.18 0.20 0.21 0.22 0.20 0.79 3.35 4.98 5.96 9.90
Dividend Payout % 28% -9% 57% 50% 48% 46% 50% 19% 4% 4% 8% 61%
Compounded Sales Growth
10 Years: 9%
5 Years: 4%
3 Years: 39%
TTM: 29%
Compounded Profit Growth
10 Years: 26%
5 Years: 132%
3 Years: 43%
TTM: 67%
Stock Price CAGR
10 Years: 59%
5 Years: 146%
3 Years: 74%
1 Year: 117%
Return on Equity
10 Years: 38%
5 Years: 59%
3 Years: 71%
Last Year: 81%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 15 15 15 15 14 14 14 14 13 13 13 13
Reserves 72 54 55 55 54 55 56 66 88 89 123 167
99 133 106 89 64 36 8 2 -0 -0 -0 5
29 38 4 15 3 97 15 8 49 44 57 154
Total Liabilities 216 240 180 174 135 202 95 90 150 147 193 339
31 30 28 26 25 23 15 15 15 7 5 8
CWIP -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 0
Investments 0 0 0 0 0 0 0 6 18 5 13 91
184 211 153 148 111 179 79 70 117 135 174 240
Total Assets 216 240 180 174 135 202 95 90 150 147 193 339

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-55 -16 37 30 33 43 25 31 43 29 82 233
-3 -0 3 1 0 0 9 -5 -14 -36 -49 -111
46 19 -42 -40 -34 -39 -31 -9 -25 -3 -43 -85
Net Cash Flow -12 3 -2 -9 -1 5 3 17 5 -9 -11 37

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 23 18 11 72 46 69 19 73 61 48 40 40
Inventory Days
Days Payable
Cash Conversion Cycle 23 18 11 72 46 69 19 73 61 48 40 40
Working Capital Days 332 477 401 534 600 305 62 127 278 136 2 94
ROCE % 12% -2% 8% 10% 10% 9% 8% 18% 64% 86% 89%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 75.00% 75.00% 75.00% 68.92% 63.86%
1.02% 0.86% 1.04% 1.01% 0.64% 0.06% 0.10% 0.05% 0.06% 0.42% 0.85% 2.09%
0.00% 0.00% 0.00% 0.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.57% 0.91% 8.17%
24.00% 24.16% 23.98% 23.98% 24.38% 24.96% 24.93% 24.95% 24.95% 24.02% 29.32% 25.88%
No. of Shareholders 8,79412,44313,83419,69821,10620,04545,10125,98225,88629,97437,28857,209

* 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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