Company Overview
Tips Music Limited engages in the acquisition and exploitation of music rights in India and internationally. The company involved in the production and acquisition of audiovisual music content and monetisation of the content library digitally. It also provides live events and concerts services. The company was formerly known as Tips Industries Limited and changed its name to Tips Music Limited in September 2024. The company was founded in 1975 and is based in Mumbai, India.
Why Investors Should Care
Generates a return on equity of 83.4%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 110.2%.
Net profit has compounded at 41.5% per year over the last five years.
Revenue has grown at a 26.2% CAGR over the past five years.
Maintains a net profit margin of 54.5%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹375.51 Cr (+20.9% YoY); net profit ₹216.75 Cr.
- Trailing 12 Months Year-on-year growth — revenue +20.9%, earnings -4.7%.
- 5-Year Trend Long-term compounding — revenue CAGR 26.2%, profit CAGR 41.5%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 26.21% |
| 1 Year: | 20.90% |
Compounded Profit Growth
| 5 Years: | 41.49% |
| 1 Year: | -4.70% |
Stock Price Performance
| 1 Year: | +28.80% |
| 6 Months: | +12.46% |
| 3 Months: | +20.09% |
| 1 Month: | +13.73% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)63.52 · Neutral
P/E of 44.16 is above the sector median of 21.11 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 83.4%.
- Healthy ROCE of 110.2%.
- Excellent profit margin of 54.5%.
- Compounding revenue at 26.2% over 5 years.
- Profit CAGR of 41.5% over 5 years.
- Generates positive free cash flow.
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Communication Services).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | TIPSMUSIC Tips Music Limited NSE | 741.50 | 44.16 | ₹9,428.89 Cr | 1.46% | 110.18% | 83.38% | 26.21% | 41.49% |
| 2 | BHARTIARTL Bharti Airtel Limited NIFTY50NSEAI | 1,891.70 | 39.53 | ₹11.80 L Cr | 1.31% | 16.69% | 20.15% | 14.88% | 47.34% |
| 3 | IDEA Vodafone Idea Limited NIFTY_MIDNSE | 11.64 | 3.37 | ₹1.26 L Cr | 0.00% | 36.90% | -96.63% | 2.05% | 72.64% |
| 4 | INDUSTOWER Indus Towers Limited NIFTY_MIDNSE | 379.00 | 13.97 | ₹99,949.98 Cr | 3.64% | 18.39% | 18.91% | 4.61% | 51.86% |
| 5 | BHARTIHEXA Bharti Hexacom Limited NIFTY_MIDNSE | 1,629.30 | 44.68 | ₹81,465.00 Cr | 1.20% | 21.11% | 24.19% | 12.45% | 46.68% |
| 6 | NAUKRI Info Edge (India) Limited NIFTY_MIDNSEAITECH | 1,235.20 | 50.09 | ₹80,008.55 Cr | 1.18% | 4.71% | 3.82% | 11.88% | 483.26% |
| 7 | TATACOMM Tata Communications Limited NIFTY_MIDNSEAI | 1,691.70 | 51.05 | ₹48,227.94 Cr | 1.05% | 15.29% | 29.06% | 11.58% | -17.69% |
| 8 | SUNTV Sun TV Network Limited NIFTY_SMALLNSE | 627.15 | 16.15 | ₹24,715.02 Cr | 3.26% | 15.31% | 11.39% | 4.74% | -5.51% |
| 9 | PFOCUS Prime Focus Limited NSE | 275.50 | 154.78 | ₹21,455.22 Cr | 0.00% | 24.91% | 10.47% | -0.29% | 14.09% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 77.67 Cr | 78.49 Cr | 88.07 Cr | 94.29 Cr | 103.93 Cr | 106.51 Cr |
| Cost of Revenue | 11.26 Cr | 26.06 Cr | 20.48 Cr | 5.80 Cr | 10.86 Cr | 41.16 Cr |
| Gross Profit | 66.41 Cr | 52.43 Cr | 67.59 Cr | 88.49 Cr | 93.07 Cr | 65.35 Cr |
| Operating Expenses | 11.38 Cr | 15.71 Cr | 11.68 Cr | 14.62 Cr | 16.76 Cr | 12.77 Cr |
| Operating Income | 55.03 Cr | 36.72 Cr | 55.90 Cr | 73.87 Cr | 76.30 Cr | 52.58 Cr |
| EBITDA | 59.73 Cr | 41.94 Cr | 62.21 Cr | 79.32 Cr | 80.70 Cr | 59.37 Cr |
| Interest Expense | 7.17 L | 6.58 L | 5.96 L | 4.68 L | 4.01 L | 10.49 L |
| Pretax Income | 59.11 Cr | 41.32 Cr | 61.53 Cr | 78.62 Cr | 80.05 Cr | 58.30 Cr |
| Tax Provision | 14.89 Cr | 10.71 Cr | 15.69 Cr | 19.97 Cr | 20.99 Cr | 14.60 Cr |
| Net Income | 44.23 Cr | 30.61 Cr | 45.84 Cr | 58.66 Cr | 59.06 Cr | 43.70 Cr |
| Diluted EPS | 3.46 | 2.39 | 3.59 | 4.59 | 4.62 | 3.42 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 186.78 Cr | 241.58 Cr | 310.69 Cr | 375.51 Cr |
| Cost of Revenue | - | 3.94 Cr | 47.36 Cr | 57.12 Cr | 44.34 Cr |
| Gross Profit | - | 182.84 Cr | 194.22 Cr | 253.57 Cr | 331.18 Cr |
| Operating Expenses | - | 32.33 Cr | 33.22 Cr | 49.02 Cr | 56.67 Cr |
| Operating Income | - | 150.51 Cr | 161.00 Cr | 204.55 Cr | 274.51 Cr |
| EBITDA | - | 107.26 Cr | 172.85 Cr | 225.68 Cr | 294.57 Cr |
| Interest Expense | - | 28.61 L | 34.85 L | 30.39 L | 19.98 L |
| Pretax Income | - | 105.65 Cr | 170.53 Cr | 223.18 Cr | 291.87 Cr |
| Tax Provision | - | 29.13 Cr | 43.36 Cr | 56.62 Cr | 75.13 Cr |
| Net Income | - | 76.52 Cr | 127.17 Cr | 166.56 Cr | 216.75 Cr |
| Diluted EPS | - | 5.91 | 9.90 | 13.02 | 16.96 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 192.70 Cr | 338.87 Cr | 339.40 Cr | 362.03 Cr |
| Current Assets | - | 164.60 Cr | 275.62 Cr | 300.62 Cr | 302.26 Cr |
| Cash & Equivalents | - | 11.41 Cr | 48.52 Cr | 40.81 Cr | 7.18 Cr |
| Inventory | - | - | - | - | - |
| Receivables | - | 20.27 Cr | 26.34 Cr | 27.48 Cr | 34.34 Cr |
| Total Liabilities | - | 56.51 Cr | 159.37 Cr | 129.86 Cr | 102.07 Cr |
| Current Liabilities | - | 53.28 Cr | 83.41 Cr | 109.33 Cr | 96.94 Cr |
| Long Term Debt | - | - | - | - | - |
| Total Debt | - | 3.84 Cr | 5.01 Cr | 3.45 Cr | 5.10 Cr |
| Total Equity | - | 136.18 Cr | 179.50 Cr | 209.54 Cr | 259.95 Cr |
| Shares Outstanding | - | 12.84 Cr | 12.84 Cr | 12.78 Cr | 12.78 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 81.08 Cr | 232.95 Cr | 120.23 Cr | 196.99 Cr |
| Investing Cash Flow | - | -48.26 Cr | -111.02 Cr | 10.57 Cr | -62.78 Cr |
| Financing Cash Flow | - | -43.49 Cr | -84.82 Cr | -138.51 Cr | -167.85 Cr |
| Capital Expenditure | - | -71.51 L | -2.79 Cr | -1.54 Cr | -6.39 Cr |
| Free Cash Flow | - | 80.37 Cr | 230.16 Cr | 118.69 Cr | 190.61 Cr |
| Net Change in Cash | - | -10.66 Cr | 37.11 Cr | -7.71 Cr | -33.63 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 97.9% | 80.4% | 81.6% | 88.2% |
| Operating Margin % | - | 80.6% | 66.6% | 65.8% | 73.1% |
| Net Margin % | - | 41.0% | 52.6% | 53.6% | 57.7% |
| ROE % | - | 56.2% | 70.8% | 79.5% | 83.4% |
| ROCE % | - | 108.0% | 63.0% | 88.9% | 103.6% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for TIPSMUSIC
Angel One, Tips Music Dividend Record Date: Last Day To Buy Shares To Qualify - NDTV Profit
<a href="https://news.google.com/rss/articles/CBMiygFBVV95cUxQd0lIVW9LNUx0cGJ4QWlPLUZkeWdWak5IRTNXcjJsSGtTZ3NJNHFLdFM5Ti1zVUZ1aG1sdF9PMkZScC1iTERtNlRDcXdzMXpLdGUxQnVrSUVRVHlHY1llWkd3eTRsWmxUQ25fMjVDanNFQWlXdzlKV1pMLTI4V2hjYy0yUU5oc240Q3NmTl…
Just Two Days Till Tips Music Limited (NSE:TIPSMUSIC) Will Be Trading Ex-Dividend - Simply Wall Street
<a href="https://news.google.com/rss/articles/CBMi0AFBVV95cUxPRGpNTzZOU0Q3ZjAwUVhJa25MYVFIVkFQQW5Qc2xTYWxhY2hrSVpmMk5Id0stVmp4Q0Frb1FtYXMydGVRV0lzRWI5ZTBtLXp5aGZ1Rk0xRVA0Q2NtNXQtSWwzeDVZRC1DbGFLNkZPeXZKZEVfY254MFlRU1V1azl2UGdUR3hDaXNXT0dxNV…
A Massive Reversal Is Taking Shape in Tips Music pour NSE:TIPSMUSIC par Marketik - TradingView
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TIPS Music zooms 10% to hit 52-wk high after Q2 nos, ₹6.50/share dividend - Business Standard
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Tips Music (TIPSMUSIC) Share Price Today, Live Chart, News - TechGraph
<a href="https://news.google.com/rss/articles/CBMiY0FVX3lxTE9Mb0ZDRFFxSndEaE1LUDNrUkVjelRIbGdPZWRPaDFNSEZublZ1M0tsTElFUWVNX1M3aUVBR0xwZjYzUUpqeTRpTXFHTWpjOFVjV3lkYncxbnpZNHpVSG1JX0JUTQ?oc=5" target="_blank">Tips Music (TIPSMUSIC) Share Pric…
Tips Music Shares Push Higher: TIPSMUSIC.NS Climbs 3.32% to ₹771.7 - Vol Target Rebalance - https://www.siam.in/
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TIPSMUSIC — Frequently Asked Questions
What is the current share price of Tips Music Limited (TIPSMUSIC)?
As of 2026-10-23 04:58 IST, Tips Music Limited (TIPSMUSIC) trades at ₹741.50 on NSE. Its 52-week range is ₹475.79 to ₹764.99.
What is the market capitalisation of TIPSMUSIC?
Tips Music Limited (TIPSMUSIC) has a market capitalisation of ₹9,428.89 Cr on NSE.
What is the P/E ratio of TIPSMUSIC?
TIPSMUSIC trades at a trailing price-to-earnings (P/E) ratio of 44.16. The industry average P/E is 21.11. Its price-to-book (P/B) ratio is 31.29.
Does TIPSMUSIC pay a dividend?
Tips Music Limited (TIPSMUSIC) currently offers a dividend yield of 1.46%.
What is the return on equity (ROE) of TIPSMUSIC?
TIPSMUSIC has a return on equity (ROE) of 83.38%. Its return on capital employed (ROCE) is 110.18%.
Is TIPSMUSIC a good stock to buy?
This page provides a data-driven analysis of Tips Music Limited (TIPSMUSIC), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.