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NSE:TIPSMUSIC

TIPS MUSIC LIMITED

Media Entertainment & Publication › Entertainment·NIFTY MICROCAP 250NIFTY SMALLCAP 500NIFTY TOTAL MARKETNIFTY MEDIA
₹795.05
at close · 28 Oct 2026
▲ 51.10 (+6.87%)

Latest filings

  1. Tips Music Q2 FY27 earnings call transcript, revenue up 35% YoY · Investor Communications
  2. Newspaper publication of Q2 and H1 FY27 unaudited financial results · Compliance
  3. Tips Music posts Q2 FY26 earnings call audio online · Investor Communications
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Owns and licenses a recorded-music catalogue, earning primarily through streaming, downloads, and film soundtracks. Revenue splits between Audio Product Sales (music monetised on digital platforms like YouTube) and Film Distribution/Production Income (soundtracks tied to Hindi films); segment data for the period ending 2021-12-31 showed Audio Product Sales at 60.4% of segment revenue and Film Distribution at 39.6%. The business has tilted heavily digital — about 75% of FY26 revenue came from digital channels — and the catalogue spans 38,000+ songs. FY26 revenue was ₹375.5 cr at an EBITDA margin of 78.4%, with employee cost at 5.4% of revenue, other opex at 21.1%, depreciation at 0.7%, and capex at just 1.7%, making it a largely asset-light, IP-driven model. Content acquisition is the principal cost — budgeted at ₹90–100 cr for FY27 — and the business held ₹345 cr of cash and investments as of June 2026.

Revenue mix · reported segments
Audio Product Sales/Income60.4%
Film Distribution/Production Income39.6%
Operating scale
YouTube subscribers
158.3 millionQ1 FY27
New releases
73 songs (55 film, 18 non-film)Q1 FY27
Paid subscription share of digital revenue
10–15%, growing 30–40% CAGRFY26
FY27 EBITDA margin guidance band
65–70%FY27
Total assets
₹362.0 crFY26
FY26 dividend distributed
₹166 crFY26
Who pays it
Streaming platforms (YouTube, Spotify, Shorts); film producers licensing soundtracks; restaurants and venues requiring public-performance licences.
Biggest cost
Content acquisition and music production — budgeted at ₹90–100 cr for FY27, treated as 20–25% of revenue long-term.
Kind of business
Asset-light, IP-driven music licensing; high EBITDA margin (78.4% in FY26).
Where it sits
Indian music label — pure-play recorded music and film soundtrack rights business.
Market Cap
₹10,163 Cr
P / E (TTM)
47.4×
EV / EBITDA
34.8×
Div Yield
1.64%
Growth
32.9%▲
Revenue 5y CAGR
PAT +37.9% · EBITDA +37.4%
Quality
76.0%▲
ROCE (5y median)
ROE 70.8% (5y median) · margin 78.4%
Leverage
0.00·
Debt / Equity · low
Net cash ₹7.18 Cr
Revenue FY21→FY26
4.1×▲
Margin +9.7 pts
₹91 Cr → ₹376 Cr
Cash conversion
1.02×▲
Operating cash ÷ profit · 5 yrs
₹662 Cr on ₹652 Cr
Moves on a normal day
1.50%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 12 Media & Entertainment peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#5/5
P/B#11/11
ROCE#2/12
ROE#1/11
Debt / Equity#1/11
EBITDA margin#2/13
Revenue growth#4/11
Profit growth#8/12

Scorecard

Measured from the filed financials, judged against its Media & Entertainment peers · as of FY26 — not investment advice

Strengths
Revenue compounding 33% a year over 5 years
Profit compounding 38% a year over 5 years
Profit grew in every one of the last 5 years
Returns on capital 76.0% (5-year median)
#2 of 12 in Media & Entertainment on the latest reported figures · up from 41.9% in FY21
No borrowings on the balance sheet
lower than 70% of its 11 Media & Entertainment peers
Over 5 years it reported ₹652 Cr of profit and ₹662 Cr of operating cash — 1.02×
Profit is converting into cash
Pays out 77% of profit as dividend
Concerns
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

How has the market priced it — with filings on the timeline?

TIPSMUSIC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from TIPS MUSIC LIMITED's filed financials and exchange disclosures

What does TIPS MUSIC LIMITED do?

TIPS MUSIC LIMITED is a Entertainment company listed on NSE and BSE, trading under the symbol TIPSMUSIC.

Is TIPS MUSIC LIMITED profitable?

Yes. Over the trailing twelve months TIPS MUSIC LIMITED reported a net profit of ₹215 Cr on revenue of ₹394 Cr.

Does TIPS MUSIC LIMITED pay a dividend?

Yes. The dividend yield is 1.64% at the current price. It paid out 77% of its profit as dividend in FY26.

Is TIPS MUSIC LIMITED debt-free?

Yes. It reported no borrowings on its 31 Mar 2026 balance sheet, and ₹7.18 Cr of cash.

Is TIPS MUSIC LIMITED expensive compared with its peers?

On trailing P/E, TIPS MUSIC LIMITED ranks 5 of 5 in Media & Entertainment — cheaper than 0% of them, against an industry median of 22.0×. This is a position, not a valuation judgement.

How much does the TIPS MUSIC LIMITED share price move in a day?

On a typical session TIPS MUSIC LIMITED moves 1.50% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track TIPS MUSIC LIMITED's announcements?

Every NSE and BSE filing by TIPS MUSIC LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.