Tips Music Ltd
₹ 646
8.23%
23 Apr
4:01 p.m.
- Market Cap ₹ 8,296 Cr.
- Current Price ₹ 646
- High / Low ₹ 718 / 481
- Stock P/E 38.3
- Book Value ₹ 20.3
- Dividend Yield 2.01 %
- ROCE 122 %
- ROE 92.3 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 38.1% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 85.7%
- Company has been maintaining a healthy dividend payout of 63.6%
- Company's median sales growth is 24.7% of last 10 years
Cons
- Stock is trading at 31.8 times its book value
- Promoter holding has decreased over last 3 years: -10.8%
- Working capital days have increased from 70.1 days to 192 days
* 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
Upcoming result date: today
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 102 | 68 | 47 | 47 | 203 | 91 | 91 | 136 | 187 | 242 | 311 | 376 | |
| 87 | 53 | 50 | 38 | 197 | 93 | 35 | 49 | 85 | 83 | 104 | 100 | |
| Operating Profit | 15 | 15 | -3 | 10 | 6 | -2 | 55 | 86 | 102 | 158 | 207 | 276 |
| OPM % | 15% | 22% | -7% | 20% | 3% | -2% | 61% | 64% | 55% | 66% | 67% | 73% |
| 1 | 3 | 19 | 2 | 4 | 18 | 5 | 3 | 5 | 14 | 19 | 19 | |
| Interest | 12 | 13 | 10 | 7 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Profit before tax | 3 | 4 | 4 | 4 | 7 | 14 | 59 | 89 | 106 | 171 | 223 | 292 |
| Tax % | 18% | 20% | 31% | 22% | 61% | 21% | 27% | 27% | 28% | 25% | 25% | 26% |
| 3 | 3 | 3 | 3 | 3 | 11 | 43 | 65 | 77 | 127 | 167 | 217 | |
| EPS in Rs | 0.18 | 0.20 | 0.21 | 0.22 | 0.20 | 0.79 | 3.35 | 4.98 | 5.96 | 9.90 | 13.03 | 16.96 |
| Dividend Payout % | 57% | 50% | 48% | 46% | 50% | 19% | 4% | 4% | 8% | 61% | 54% | 77% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 33% |
| 3 Years: | 26% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 53% |
| 5 Years: | 38% |
| 3 Years: | 42% |
| TTM: | 34% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 60% |
| 5 Years: | 71% |
| 3 Years: | 61% |
| 1 Year: | -2% |
| Return on Equity | |
|---|---|
| 10 Years: | 60% |
| 5 Years: | 80% |
| 3 Years: | 86% |
| Last Year: | 92% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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 |
| 106 | 89 | 64 | 36 | 8 | 2 | 0 | 0 | 4 | 5 | 3 | 5 | |
| 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 |
| 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 |
| 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 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 37 | 30 | 33 | 43 | 25 | 31 | 43 | 29 | 81 | 233 | 120 | 197 | |
| 3 | 1 | 0 | 0 | 9 | -5 | -14 | -36 | -48 | -111 | 11 | -63 | |
| -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% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 11 | 72 | 46 | 69 | 19 | 73 | 61 | 48 | 40 | 40 | 32 | 33 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| 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 | 192 |
| ROCE % | 8% | 10% | 10% | 9% | 8% | 18% | 64% | 86% | 87% | 104% | 109% | 122% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Songs in Catalogue Number |
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| YouTube Cumulative Subscriber Base Million |
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| Annual YouTube Views Billion |
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| New Songs Released (Quarterly) Number |
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| Revenue Market Share Percentage |
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Requires Premium
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Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Investor Presentation 3h
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
3h - TIPS Music reported Q4 FY26 revenue of ₹103.9 crore, PAT of ₹59 crore, and ₹13 dividend per share.
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Board Meeting Outcome for Outcome Of Board Meeting
3h - Board approved FY26 audited results on April 23, 2026; auditors issued unmodified opinion, and internal auditor was reappointed.
- Audited Financial Results For The Quarter And Financial Year Ended March 31, 2026 3h
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - Revised Q4FY26 earnings conference call intimation for April 23, 2026 at 5:00 PM IST.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Apr 2026TranscriptAI SummaryPPT
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Jan 2026Transcript PPT REC
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Oct 2025Transcript PPT REC
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Sep 2024TranscriptAI SummaryPPT
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Jul 2024Transcript PPT REC
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Nov 2023Transcript PPT
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Oct 2023TranscriptAI SummaryPPT
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Aug 2023Transcript PPT
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Jun 2023Transcript PPT REC
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Oct 2022Transcript PPT
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Jan 2022TranscriptAI SummaryPPT
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Oct 2021TranscriptAI SummaryPPT
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Jul 2021Transcript PPT
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Jun 2021TranscriptAI SummaryPPT
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Feb 2021TranscriptPPT
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Feb 2021Transcript PPT
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.