TIPS MUSIC LIMITED
₹781.60-₹9.00 (-1.1%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹6,496 Cr
- P/E
- 37.4x
- EV / EBITDA
- 37.5x
- Revenue
- ₹311 Cr
- Net margin
- 52.5%
- ROCE
- 85.4%
Price chart
Technical chartScreen technicals →+48.0% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- +18.7%
- 3M
- +17.4%
- 6M
- +20.5%
- 1Y
- +48.0%
- 5Y
- +482.7%
52-week range
Day change -₹9.00 (-1.1%) from ₹791 to ₹782 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in TIPSMUSIC, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 21.6%
Concerns0
Rule-based from financial data. Not advice.
About the company
Tips Music Limited engages in the acquisition and exploitation of music rights in India and internationally. The company involved in the creation 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.
- Sector
- Media & Entertainment
- Shares outstanding
- 12.8 Cr shares
- ISIN
- INE716B01029
- BSE code
- 532375
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹6,496 Cr
- P/E
- 37.4x
- P/B
- 25.3x
- EV / EBITDA
- 37.5x
- EV / Sales
- 26.7x
- P/S
- 26.8x
- Earnings yield
- 2.7%
- 52-week high
- ₹793.25
- 52-week low
- ₹484.50
Profitability
- Operating margin
- 65.3%
- Net margin
- 52.5%
- EBITDA margin
- 71.1%
- ROE
- 70.6%
- ROCE
- 85.4%
- ROA
- 37.5%
- Dividend payout
- 61.0%
- Tax rate
- 25.0%
- Other income, % of PBT
- 8.2%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹311 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 28.5%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 21.6%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹172 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 60.7%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 31.5%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 63.1%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹233 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 187.7%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹8.00 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 75.6%
Solvency and efficiency
- Current ratio
- 2.15
- Debt / Equity
- 0.03
- Debt / Assets
- 0.01
- Debt / EBITDA
- 0.03
- Financial leverage
- 1.88
- CFO / Net profit
- 1.83
- Cash / Market cap
- 3.7%
- Cash per share
- ₹18.81
- Asset turnover
- 0.71
- Fixed asset turnover
- 30.25
- Capital intensity
- 0.03
- Debtor days
- 40 days
- Cash conversion cycle
- 40 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹54 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹104 Cr |
| Sales | Operating profit | ₹207 Cr |
| Operating profit | Depreciation | ₹2 Cr |
| Operating profit | Profit before tax | ₹205 Cr |
| Other income | Profit before tax | ₹19 Cr |
| Profit before tax | Tax and other | ₹56 Cr |
| Profit before tax | Net profit | ₹167 Cr |
Revenue and net profit
Revenue grew 28.5% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹91 Cr | ₹43 Cr |
| FY2022 | ₹136 Cr | ₹65 Cr |
| FY2023 | ₹187 Cr | ₹77 Cr |
| FY2024 | ₹242 Cr | ₹127 Cr |
| FY2025 | ₹311 Cr | ₹167 Cr |
Cash flows
FY2025: ₹120 Cr from operations, ₹131 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹43 Cr | ₹29 Cr |
| FY2022 | ₹29 Cr | -₹7 Cr |
| FY2023 | ₹81 Cr | ₹33 Cr |
| FY2024 | ₹233 Cr | ₹122 Cr |
| FY2025 | ₹120 Cr | ₹131 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹311 Cr+28.5%1Y
- Net profit
- ₹167 Cr+31.5%1Y
- Cash from operations
- ₹120 Cr
- Free cash flow
- ₹131 Cr+7.4%1Y
- Revenue CAGR, 5Y
- 21.6%
- EBITDA CAGR, 5Y
- 60.8%
- Net profit CAGR, 5Y
- 63.1%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹311 Cr | ₹207 Cr | — | ₹167 Cr | ₹120 Cr | ₹131 Cr | 79.5% | +28.5% | +31.5% |
Monthly returns
Month-by-month returns of TIPSMUSIC across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹339 Cr |
| Equity capital | ₹13 Cr |
| Reserves | ₹197 Cr |
| Borrowings | ₹3 Cr |
| Other liabilities | ₹126 Cr |
| Assets | ₹339 Cr |
| Fixed assets | ₹7 Cr |
| Capital work in progress | ₹1 Cr |
| Investments | ₹95 Cr |
| Other assets | ₹237 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
TIPSMUSIC trades at 37.4x earnings against a peer median of 33.2x (a 13% premium).
Not shown (no positive earnings and no EV / Sales): PVR INOX LIMITED, Network 18 Media & Investments Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| TIPS MUSIC LIMITEDTIPSMUSICthis companyP/E ↑ premium | ₹6,496 Cr | 37.4x | 25.3x | 70.6% | 37.5x |
| PVR INOX LIMITEDPVRINOX | ₹10,228 Cr | — | 1.4x | -0.5% | 9.3x |
| Latent View Analytics LimitedLATENTVIEW | ₹9,086 Cr | 107.0x | 7.2x | 10.3% | 54.5x |
| Zee Entertainment Enterprises Ltd.ZEEL | ₹8,562 Cr | 16.0x | 0.8x | 3.0% | 9.1x |
| Saregama India Ltd.SAREGAMA | ₹6,790 Cr | 33.2x | 4.1x | 13.9% | 21.0x |
| Network 18 Media & Investments LimitedNETWORK18 | ₹6,264 Cr | — | 1.2x | -12.8% | 237.8x |
| Saatvik Green Energy LimitedSAATVIKGL | ₹5,098 Cr | 35.5x | 5.3x | 83.3% | 32.6x |
| D.B.Corp LimitedDBCORP | ₹4,360 Cr | 12.7x | 1.9x | 19.1% | 6.0x |
| Navneet Education LimitedNAVNETEDUL | ₹3,195 Cr | 16.4x | 1.5x | 13.8% | 10.8x |
| Peer median | — | 33.2x | 2.0x | 13.9% | 10.8x |
Year-to-date ROI
TIPSMUSIC since 1 January, against earlier years.
Historical volatility
TIPSMUSIC's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 61.0% |
| FY2022 | 64.0% |
| FY2023 | 55.0% |
| FY2024 | 66.0% |
| FY2025 | 67.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹311 Cr |
| Costs | |
| Interest | ₹0 Cr |
| Expenses | ₹104 Cr |
| Operating profitOperating Profit | ₹207 Cr |
| Other income and charges | |
| Profit before tax | ₹223 Cr |
| Tax | |
| Net profitNet Profit | ₹167 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹339 Cr |
| Equity capitalEquity Capital | ₹13 Cr |
| Reserves | ₹197 Cr |
| Borrowings | ₹3 Cr |
| Other liabilitiesOther Liabilities | ₹126 Cr |
| AssetsTotal Assets | ₹339 Cr |
| Fixed assetsFixed Assets | ₹7 Cr |
| Capital work in progressCWIP | ₹1 Cr |
| Investments | ₹95 Cr |
| Other assetsOther Assets | ₹237 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹120 Cr |
| Investing cash flowCash from Investing Activity | ₹11 Cr |
| Financing cash flowCash from Financing Activity | -₹139 Cr |
| Change in cashNet Cash Flow | -₹8 Cr |
Learn while you research
Academy chapters picked for TIPS MUSIC LIMITED and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 37.4, learn when high multiples are justified.6 min read
- 04 Growth Investing29% revenue growth is in the top tier, learn how to value growth.7 min read
- 05 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 06 Sectors & IndustriesHow to classify and compare companies across sectors.6 min read