Tips Music
- Market cap
- ₹ 9,247 Cr.
- P/E
- 40.1x
- P/B
- 35.57x
- 52-week range
- 481.15 – 799
- ROE
- 88%
- ROCE
- 118%
- Dividend yield
- 1.6%
- Debt / equity
- 0.02
- Sector
- Entertainment
- Industry
- Media & Entertainment
- Listed on
- NSE, BSE
About
Tips Music Limited is an India-based music company. The Company is engaged in the business of the creation and acquisition of audiovisual content for music and monetization content libraries digitally in India and overseas through licensing on various platforms. The Company has a diversified music library and has a collection of over 34,000 songs across all genres and major languages. The Company has a presence across global digital platforms such as YouTube, Spotify, Jio Saavn, Apple Music, and Amazon Prime. The Company operates through the Audio / Video Products segment. It has approximately 4,000 plus traditional songs spanning devotional music, folk music, and cultural storytelling.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Media & Entertainment: 24 companies →Tips Music against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)40.1 against a typical 40.3: cheaper than most peers (1st = cheapest).12th of 24
- Sales growth+34.8% against a typical +23.9% from a year earlier.7th of 17
- Profit growth+24.5% against a typical −44.2% from a year earlier.4th of 11
- Share price, 3 months+16.4% against a typical −11%.3rd of 22
- Size₹ 9,246.6 Cr. market value against a typical ₹ 90.1 Cr. (1st = largest).3rd of 21
Latest announcements
Exchange filings and their impact on the company.
- 21 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesHigh impactPositivePrice −3.1% that dayStrong Q2 with 35% revenue growth and guidance to beat 20% for the year despite front-loaded content costs.
Tips Music reported Q2 FY27 revenue of Rs 120 crore, up 35% year-on-year, with EBITDA of Rs 84.6 crore and profit after tax of Rs 65.5 crore, up 23%. For the first half, revenue was Rs 227 crore, up 28%, while content cost was front-loaded at Rs 71 crore against a full-year plan of Rs 90-100 crore. Management said it will exceed its 20% revenue and profit growth guidance, completed a Rs 44.44 crore share buyback and declared an interim dividend of Rs 6.5 per share.
- Strong Q2 with revenue +35% YoY and profit +24% YoY, plus Rs 6.5 interim dividend and completed Rs 45 cr buyback.
Tips Music reported Q2 FY27 revenue of Rs 120.1 crore, up 35% from Rs 89.2 crore a year ago, and net profit of Rs 65.7 crore, up 24% from Rs 53.2 crore. For the first half, revenue was Rs 226.6 crore and profit Rs 109.4 crore. The board declared a first interim dividend of Rs 6.50 per Re 1 share with record date October 22, 2026, and disclosed completion of the buyback of 671,946 shares for about Rs 45.1 crore.
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 15 Oct 2026 | Financial Results/Dividend | To consider and approve the unaudited financial results for the period ended September 30, 2026 and dividend |
| 5 Aug 2026 | Buyback | To consider buyback for equity shares |
| 22 Jul 2026 | Buyback | To consider buyback for equity shares |
| 23 Apr 2026 | Financial Results | To consider and approve the audited financial results for the period ended March 31, 2026 |
| 19 Jan 2026 | Financial Results/Dividend | To consider and approve the unaudited financial results for the period ended December 31, 2025 and dividend, if any |
| 15 Oct 2025 | Financial Results/Dividend | To consider and approve the unaudited financial results for the period ended September 30, 2025 and second interim dividend, if any |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 65 | 63 | 74 | 81 | 78 | 78 | 88 | 89 | 94 | 104 | 107 | 120 |
| Expenses | 21 | 33 | 20 | 21 | 22 | 41 | 32 | 21 | 20 | 27 | 53 | 35 |
| Operating Profit | 43 | 30 | 54 | 59 | 56 | 37 | 57 | 68 | 75 | 77 | 54 | 85 |
| OPM % | 67% | 48% | 74% | 74% | 72% | 48% | 64% | 76% | 79% | 74% | 50% | 71% |
| Other Income | 3 | 5 | 5 | 6 | 4 | 5 | 6 | 5 | 5 | 4 | 6 | 4 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 46 | 35 | 58 | 64 | 59 | 41 | 62 | 72 | 79 | 80 | 58 | 88 |
| Tax % | 25% | 26% | 25% | 25% | 25% | 26% | 26% | 26% | 25% | 26% | 25% | 25% |
| Net Profit | 35 | 26 | 44 | 48 | 44 | 31 | 46 | 53 | 59 | 59 | 44 | 66 |
| EPS in Rs | 2.7 | 2.01 | 3.41 | 3.77 | 3.46 | 2.39 | 3.59 | 4.16 | 4.59 | 4.62 | 3.42 | 5.14 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 19%
- 5 Years
- 33%
- 3 Years
- 26%
- TTM
- 27%
- 10 Years
- 52%
- 5 Years
- 37%
- 3 Years
- 39%
- TTM
- 31%
- 10 Years
- 62%
- 5 Years
- 42%
- 3 Years
- 28%
- TTM
- —
- 10 Years
- 58%
- 5 Years
- 78%
- 3 Years
- 83%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Tips Music | ₹ 797.00 | ₹ 9,247 Cr. | 40.1x | 35.6x | 88% | — |
| Prime Focus | ₹ 274.60 | ₹ 21,385 Cr. | 66.7x | 10.8x | 15.4% | 6.5% |
| IDream Film Infrastructure Company Ltd | ₹ 491.90 | ₹ 13,309 Cr. | — | — | — | — |
| PVR INOX | ₹ 1,405.00 | ₹ 13,797 Cr. | 45.9x | 1.3x | 2.3% | 2.4% |
| Panorama Studios International | ₹ 55.87 | ₹ 1,452 Cr. | 84.8x | 6x | 7.6% | 3.2% |
| Balaji Telefilms | ₹ 86.50 | ₹ 1,142 Cr. | — | 1.7x | −7.7% | −23.6% |
Management
- Kumar S. Taurani
- Executive Chairman of the Board, Managing Director
- Sushant Dalmia
- Chief Financial Officer
- Bijal R. Patel
- Compliance Officer, Company Secretary
- Girish Taurani
- Executive Director
- Ramesh S. Taurani
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.