| Annual Financials | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
Revenue  | 104 | 72 | 66 | 50 | 208 | 109 | 95 | 139 | 192 | 256 | 330 | 353 |
| Expenses | 87 | 54 | 50 | 38 | 197 | 93 | 35 | 49 | 85 | 83 | 104 | 116 |
| EBITDA | 17 | 18 | 16 | 12 | 11 | 16 | 60 | 89 | 107 | 173 | 226 | 236 |
| Operating Profit % | 15 % | 22 % | -7 % | 20 % | 3 % | -2 % | 61 % | 64 % | 55 % | 66 % | 67 % | 65 % |
| Depreciation | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Interest | 12 | 13 | 10 | 7 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 3 | 4 | 4 | 4 | 7 | 14 | 59 | 89 | 106 | 171 | 223 | 234 |
| Tax | 1 | 1 | 1 | 1 | 4 | 3 | 16 | 24 | 29 | 43 | 57 | 59 |
| Net Profit | 3 | 3 | 3 | 3 | 3 | 11 | 44 | 65 | 77 | 127 | 167 | 174 |
| EPS in ₹ | 1.76 | 1.98 | 2.07 | 2.18 | 1.99 | 7.92 | 32.72 | 4.98 | 5.91 | 9.90 | 13.02 | 13.60 |
Tips Music
Tips Music
520.50
-5.45
(-1.04%)
Key Fundamentals
Market Cap
6,684.60 Cr
EPS
13.02
PE Ratio
38.68
Dividend Yield
1.33 %
Industry
Media 52 Week High
950.00
52 Week Low
500.00
PB Ratio
26.14
Debt to Equity
0.02
Sector
Media & Entertainment Analyst Rating and Forecast
- By Refinitiv from3 analysts
Actual
Company News
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Tips Music Limited Reports 11% Revenue Growth in Q2 FY26, Maintains 20% Full-Year Guidance
Oct 21, 2025
Oct 21, 2025Tips Music Limited reported revenue of INR89.22 crores for Q2 FY26, marking 11% year-on-year growth. Operating EBITDA reached INR67.9 crores with 14% growth and 76% margin. PAT grew 11% to INR53 crores. For the first half of FY26, revenue was INR177.3 crores (15% growth) and PAT reached INR98 crores (8% growth). The company released 133 songs in Q2, including 76 film songs and 57 non-film songs. YouTube subscriber base reached 134 million collectively. The Board declared a second interim dividend of INR4 per share for FY26. Management maintains 20% revenue growth guidance for the full year, down from earlier 30% target due to industry challenges including OTT platform consolidations and shutdowns. The company expects content investment of 23-25% of revenue and plans selective content acquisition strategy. Warner deal is locked until 2028, with overflow revenues expected in FY28.
TIPS Music Limited reported revenue growth of 15% year-over-year for H1FY26, reaching ₹177.3 crore compared to ₹154.5 crore in the previous period. Profit After Tax grew 8% year-over-year to ₹98.9 crore. For Q2FY26, revenue stood at ₹89.2 crore (11% year-over-year growth) with PAT of ₹53.2 crore (10% year-over-year growth). The company released 133 songs during the quarter, including 76 film tracks and 57 non-film tracks. YouTube subscriber base expanded to 134 million. The Board declared a second interim dividend of ₹4 per share for FY2026, totaling ₹51.13 crore with total shareholder payout of ₹102.26 crore. Chairman Kumar Taurani cited sustained paid subscriber growth and expansion in public performance segment as growth drivers despite challenging industry conditions.
Tips Music delivered robust quarterly results with revenue rising to 892 million rupees from 806 million rupees year-over-year. Net profit increased to 532 million rupees compared to 482 million rupees in the same period last year. EBITDA grew to 678 million rupees from 595 million rupees, while EBITDA margin expanded to 76.03% from 73.77% year-over-year, indicating improved operational efficiency.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
457.00 | #1 8,811.39 | 43.19 | 1,229.40 | 41.85 | #1 204 | -1.62 | 43.23 | |
49.15 | 7,578.93 | -5.97 | #1 7,358.60 | -26.37 | -1,777 | 127.12 | 31.98 | |
520.50 | #3 6,684.60 | #7 38.68 | #7 329.70 | #3 28.79 | #2 167 | #5 10.37 | 41.81 | |
185.60 | 5,752.43 | #1 -75.86 | 3,825.50 | -15.36 | -458 | #1 169.89 | 61.24 | |
115.51 | 1,381.37 | 17.11 | 467.50 | -25.92 | 85 | -168.18 | 48.52 | |
378.00 | 955.02 | 21.39 | 306.10 | #1 189.32 | 46 | 16.37 | 50.53 | |
135.18 | 644.41 | 52.45 | 582.20 | 2.84 | 12 | 1.85 | 25.33 | |
253.00 | 402.85 | 19.62 | 104.40 | - | 20 | -48.84 | 58.51 | |
111.00 | 303.26 | -2.75 | 693.50 | -2.61 | -85 | -167.84 | 49.12 | |
190.00 | 294.60 | 188.12 | 36.90 | -23.13 | 2 | 33.33 | 34.94 |
Growth Rate
Revenue Growth
28.79 %
Net Income Growth
30.97 %
Cash Flow Change
-48.39 %
ROE
12.19 %
ROCE
45.22 %
EBITDA Margin (Avg.)
1.36 %
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 180 | 174 | 135 | 202 | 95 | 90 | 150 | 147 | 193 | 339 | 339 |
| Fixed Assets | 28 | 26 | 25 | 23 | 15 | 15 | 15 | 7 | 5 | 8 | 7 |
| Current Assets | 143 | 139 | 96 | 161 | 62 | 63 | 131 | 129 | 165 | 276 | 301 |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 6 | 18 | 5 | 13 | 91 | 96 |
| Other Assets | 153 | 148 | 111 | 179 | 79 | 70 | 118 | 135 | 175 | 240 | 237 |
| Total Liabilities | 180 | 174 | 135 | 202 | 95 | 90 | 150 | 147 | 193 | 339 | 339 |
| Current Liabilities | 20 | 39 | 18 | 119 | 18 | 5 | 10 | 11 | 53 | 83 | 109 |
| Non Current Liabilities | 90 | 65 | 50 | 14 | 6 | 5 | 39 | 33 | 3 | 76 | 21 |
| Total Equity | 70 | 70 | 68 | 70 | 71 | 80 | 101 | 102 | 136 | 180 | 210 |
| Reserve & Surplus | 55 | 55 | 54 | 55 | 56 | 66 | 88 | 89 | 123 | 167 | 197 |
| Share Capital | 15 | 15 | 14 | 14 | 14 | 14 | 13 | 13 | 13 | 13 | 13 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | -2 | -9 | -1 | 5 | 3 | 17 | 5 | -9 | -11 | 37 | -8 |
| Investing Activities | 3 | 1 | 0 | 0 | 9 | -5 | -14 | -36 | -48 | -111 | 11 |
| Operating Activities | 37 | 30 | 33 | 43 | 25 | 31 | 43 | 29 | 81 | 233 | 120 |
| Financing Activities | -42 | -40 | -35 | -39 | -31 | -9 | -25 | -3 | -44 | -85 | -139 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
| Promoter | 74.98 % | 74.98 % | 74.98 % | 74.98 % | 74.98 % | 74.98 % | 74.98 % | 74.98 % | 75.00 % | 75.00 % | 75.00 % | 68.92 % | 63.86 % | 64.16 % | 64.15 % | 64.15 % | 64.15 % | 64.15 % | 64.15 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.42 % | 0.85 % | 2.09 % | 2.39 % | 4.84 % | 7.43 % | 8.22 % | 8.11 % | 8.16 % |
| DIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.57 % | 0.92 % | 8.17 % | 6.71 % | 5.03 % | 4.27 % | 3.52 % | 4.07 % | 5.02 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 15.76 % | 15.77 % | 16.97 % | 18.02 % | 18.69 % | 18.93 % | 17.94 % | 17.21 % | 17.19 % | 17.01 % | 16.64 % | 18.95 % | 17.31 % | 18.35 % | 19.04 % | 18.35 % | 18.40 % | 18.13 % | 17.15 % |
| Others | 9.26 % | 9.25 % | 8.06 % | 7.01 % | 6.34 % | 6.10 % | 7.09 % | 7.81 % | 7.81 % | 8.00 % | 7.38 % | 10.36 % | 8.57 % | 8.39 % | 6.93 % | 5.80 % | 5.70 % | 5.53 % | 5.51 % |
| No of Share Holders | 0 | 4,839 | 8,794 | 12,443 | 13,834 | 19,698 | 21,106 | 20,045 | 25,982 | 25,886 | 29,974 | 37,288 | 57,209 | 53,404 | 60,557 | 73,580 | 68,869 | 70,726 | 69,564 |
Dividend History
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 1 | 1 | 1 | 1 | 1.5 | 1.5 | 2 | 5 | 6 | 7 |
| Dividend Yield (%) | 19.69 | 12.53 | 18.94 | 12.29 | 3.69 | 0.8 | 1.37 | 1.09 | 0.95 | 1.33 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 15 Sept 2021 |  Dividend | ₹ 2.00 /share | 13 Sept 2021 | 77.32 | 113.84 |
| 23 Aug 2022 | Dividend | ₹ 2.00 /share | 19 Aug 2022 | 153.27 | 148.39 |
| 13 Feb 2023 |  Split | 1:10 | 21 Apr 2023 | 161.59 | 161.59 |
| 05 Aug 2023 | Dividend | ₹ 0.50 /share | 04 Aug 2023 | 165.65 | 299.45 |
| 04 Aug 2023 | Dividend | ₹ 1.00 /share | 04 Aug 2023 | 291.40 | 287.90 |
| 31 Oct 2023 | Dividend | ₹ 2.00 /share | 31 Oct 2023 | 342.50 | 351.30 |
| 01 Feb 2024 | Dividend | ₹ 3.00 /share | 01 Feb 2024 | 383.25 | 427.20 |
| 17 Jun 2024 |  Change Of Name | NA | 17 Jun 2024 | 461.25 | 461.25 |
| 26 Jul 2024 |  Annual General Meeting | NA | 26 Jul 2024 | 407.75 | 609.05 |
| 01 Aug 2024 | Dividend | ₹ 2.00 /share | 01 Aug 2024 | 569.85 | 629.15 |
| 16 Oct 2024 |  Quarterly Result Announcement | NA | 16 Oct 2024 | 765.50 | 830.85 |
| 24 Oct 2024 | Dividend | ₹ 2.00 /share | 24 Oct 2024 | 830.85 | 774.20 |
| 22 Jan 2025 | Quarterly Result Announcement | NA | 22 Jan 2025 | 685.35 | 684.50 |
| 28 Jan 2025 | Dividend | ₹ 3.00 /share | 28 Jan 2025 | 684.50 | 629.40 |
| 23 Apr 2025 | Quarterly Result Announcement | NA | 23 Apr 2025 | 647.90 | 687.60 |
| 30 Jul 2025 | Quarterly Result Announcement | NA | 30 Jul 2025 | 623.10 | 610.35 |
| 30 Jul 2025 | Annual General Meeting | NA | 30 Jul 2025 | 665.30 | 610.35 |
| 05 Aug 2025 | Dividend | ₹ 4.00 /share | 05 Aug 2025 | 610.35 | 575.05 |
| 15 Oct 2025 | Quarterly Result Announcement | NA | 15 Oct 2025 | 558.10 | 528.80 |
| 21 Oct 2025 | Dividend | ₹ 4.00 /share | 20 Oct 2025 | 528.80 | 509.60 |
Announcements
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 23, 2025
Oct 23, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 23, 2025
Oct 23, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptOct 21, 2025
Oct 21, 2025Newspaper Advertisement Regarding Unaudited Financial Results For The Quarter And Half Year Ended September 30 2025.Oct 16, 2025
Oct 16, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeOct 15, 2025
Oct 15, 2025Announcement under Regulation 30 (LODR)-Investor PresentationOct 15, 2025
Oct 15, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseOct 15, 2025
Oct 15, 2025Corporate Action-Board approves DividendOct 15, 2025
Oct 15, 2025Board Meeting Outcome for Outcome Of Board MeetingOct 15, 2025
Oct 15, 2025Unaudited Financial Results For The Quarter And Half Year Ended September 30 2025Oct 15, 2025
Oct 15, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 09, 2025
Oct 09, 2025Board Meeting Intimation for Unaudited Financial Results For The Quarter And Half Year Ended September 30 2025 And Declaration Of Second Interim Dividend If Any For The Financial Year 2025-2026Oct 09, 2025
Oct 09, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 07, 2025
Oct 07, 2025Intimation Regarding 100 Days Campaign - Saksham Niveshak - Update KYC Details And Claim Unpaid/Unclaimed DividendsOct 07, 2025
Oct 07, 2025Closure of Trading WindowSep 29, 2025
Sep 29, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 24, 2025
Sep 24, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 21, 2025
Sep 21, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 10, 2025
Sep 10, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Sep 04, 2025
Sep 04, 2025Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011Sep 04, 2025
Sep 04, 2025Disclosure Under Regulation 29(1) And 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations 2011Sep 02, 2025
Sep 02, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 01, 2025
Sep 01, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 27, 2025
Aug 27, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 22, 2025
Aug 22, 2025Press ReleaseAug 18, 2025
Aug 18, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 13, 2025
Aug 13, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 11, 2025
Aug 11, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 06, 2025
Aug 06, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 06, 2025
Aug 06, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 01, 2025
Aug 01, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 01, 2025
Aug 01, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportJul 31, 2025
Jul 31, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 31, 2025
Jul 31, 2025Newspaper Advertisement Regarding Unaudited Financial Results For The Quarter Ended June 30 2025.Jul 31, 2025
Jul 31, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJul 30, 2025
Jul 30, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMJul 30, 2025
Jul 30, 2025Announcement under Regulation 30 (LODR)-Investor PresentationJul 30, 2025
Jul 30, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJul 30, 2025
Jul 30, 2025Corporate Action-Board approves DividendJul 30, 2025
Jul 30, 2025Board Meeting Outcome for Outcome Of The Board MeetingJul 30, 2025
Jul 30, 2025Unaudited Financial Results For Quarter Ended June 30 2025Jul 30, 2025
Jul 30, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 25, 2025
Jul 25, 2025Board Meeting Intimation for The Unaudited Financial Results Of The Company For The Quarter Ended June 30 2025 And Declaration Of Interim Dividend If AnyJul 24, 2025
Jul 24, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 14, 2025
Jul 14, 2025Newspaper Advertisement In The Mumbai Lakshadeep (Marathi) Edition - Notice To Shareholders For 29Th Annual General MeetingJul 10, 2025
Jul 10, 2025Newspaper Advertisement - Notice To Shareholders For 29Th Annual General MeetingJul 08, 2025
Jul 08, 2025Business Responsibility and Sustainability Reporting (BRSR)Jul 07, 2025
Jul 07, 2025Reg. 34 (1) Annual Report.Jul 07, 2025
Jul 07, 2025Newspaper Advertisement - Notice To Shareholders For 29H Annual General MeetingJul 03, 2025
Jul 03, 2025Intimation Of 29Th Annual General MeetingJul 03, 2025
Jul 03, 2025Mutual Fund Holdings
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UTI Aggressive Hybrid Fund Direct Fund-Growth Technical Indicators
RSI(14)
Neutral 41.81
ATR(14)
Volatile 18.26
STOCH(9,6)
Neutral 55.39
STOCH RSI(14)
Overbought 94.08
MACD(12,26)
Bullish 2.06
ADX(14)
Weak Trend 23.38
UO(9)
Bearish 50.00
ROC(12)
Uptrend And Accelerating 4.84
WillR(14)
Neutral -55.94
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