Tips Music Limited has announced that its Board of Directors will convene on Monday, January 19, 2026, to deliberate on key financial matters for the third quarter of fiscal year 2026. The meeting notification was issued to stock exchanges on January 13, 2026, in accordance with regulatory requirements.

Board Meeting Agenda

The upcoming board meeting will address two primary business matters of significant importance to shareholders and stakeholders. The directors will review and consider approval of the company's quarterly financial performance and evaluate dividend distribution possibilities.

Regulatory Compliance

The board meeting intimation was issued pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about board meetings where financial results or dividend declarations are scheduled for consideration.

The notification was simultaneously sent to both major Indian stock exchanges where the company's shares are listed. BSE Limited received the intimation under scrip code 532375, while National Stock Exchange of India Limited was informed under the symbol TIPSMUSIC.

Company Information

Tips Music Limited, formerly known as Tips Industries Limited, operates from its registered office at 601, Durga Chambers, 6th Floor, Linking Road, Khar (West), Mumbai. The company secretary Bijal R. Patel signed the official communication digitally on January 13, 2026, ensuring proper documentation and compliance with corporate governance norms.

Financial Period Under Review

The board will examine the company's performance for the quarter ended December 31, 2025, which represents the third quarter of the current financial year. Additionally, the directors will review the cumulative performance for the nine-month period ending on the same date, providing a comprehensive assessment of the company's financial position for the fiscal year 2025-2026.

Tips Music Limited , a prominent player in the Indian music industry, has reported a solid performance for the second quarter of fiscal year 2026, with revenue growth of 11% year-on-year. The company maintains its full-year guidance of 20% revenue growth despite industry challenges.

Financial Highlights

For Q2 FY26, Tips Music Limited posted the following results:

For the first half of FY26, the company reported:

Content and Platform Performance

Tips Music released 133 songs in Q2 FY26, including 76 film songs and 57 non-film songs. Notable performances include:

• "Vibe Undi" from the Telugu film "Mirai" crossed 69 million views on YouTube.
• "Raaj Karega Maalik" from the film "Maalik" surpassed 25 million views.
• The company's YouTube subscriber base grew to 134 million collectively.

On Meta platforms, catalog songs continued to perform well:

• "Tere Aane Se" from "Run" garnered 1.5 billion views.
• "Saajan Saajan" from "Dil Ka Rishta" and "Kahin Aag Lage Lag Jaaye" from "Taal" achieved 850 million and 700 million views, respectively.

Dividend Declaration

The Board of Directors declared a second interim dividend of ₹4 per share for FY26, demonstrating confidence in the company's financial position.

Growth Strategy and Outlook

Despite industry challenges, including OTT platform consolidations and shutdowns, Tips Music maintains its 20% revenue growth guidance for the full year. The company plans to focus on quality content creation and selective content acquisition, with expected content investment of 23-25% of revenue.

Kumar Taurani, Chairman and Managing Director, stated, "Despite the challenging industry environment, the company's revenue grew by 15% in the first half of financial year 2026. Over the longer term, we expect strong business momentum supported by sustained paid subscriber growth, beginning of ad revenue sharing from short-form content platforms, and robust expansion in the public performance segment."

The company's deal with Warner is locked until 2028, with overflow revenues expected in FY28.

Industry Dynamics

The management highlighted several factors that could drive future growth:

1. Increasing paid subscriptions in the music streaming industry.
2. Potential revenue sharing from short-form content platforms.
3. Growth in the public performance segment, which is expanding at a 40-50% CAGR.
4. Possible re-entry of TikTok in the Indian market, which could boost revenues.

While facing short-term challenges, Tips Music Limited remains optimistic about the long-term potential of the Indian music industry, projecting it could grow to ₹10,000-₹15,000 crore in the next five years.

As the company navigates through industry changes and focuses on quality content creation, investors will be watching closely to see if Tips Music can maintain its growth trajectory and capitalize on emerging opportunities in the digital music landscape.