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Tips Music Ltd (TIPSMUSIC)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532375 NSE: TIPSMUSIC Film Production, Distribution & Entertainment | Small Cap | Tips Music Share Price

₹640.30 3.20 (0.50%)

As on 12-Jun'26 16:59

Tips Music Ltd (TIPSMUSIC)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532375 NSE: TIPSMUSIC Film Production, Distribution & Entertainment | Small Cap | Tips Music Share Price

₹640.30 3.20 (0.50%)

As on 12-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹8,185 Cr.
Current Price
₹640.3
52-Week Low / High
₹483 / 726
TTM EPS
₹17
TTM Sales
₹376 Cr.
Book Value per Share
₹20.3
P/E Ratio
37.76
In line with its 5-year historical median
Industry PE
39.9
Price to Book (P/B)
31.49
Higher than its 5-year historical median
Price to Sales (P/S)
21.80
Higher than its 5-year historical median
EV/EBITDA
27.76
In line with its 5-year historical median
Dividend Yield
1.11%
Profitability Efficiency
Return on Equity (ROE)
85.63%
In line with industry median
Return on Capital Employed (ROCE)
114.89%
Outperforms industry median
Return on Assets (ROA)
49.19%
Operating Profit Margin
66.5%
Net Profit Margin
53.61%
Gross Profit Margin
72.5%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
28.61%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
30.43%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
30.97%
Asset Quality
Promoter Holding
64.15%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹247 Cr.
Equity
₹12.8 Cr.
Face Value
₹1
All Time Low / High
₹1.81 / 950.00

Tips Music stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Tips Music Ltd a good quality company?
Tips Music Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Tips Music Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Tips Music Ltd vs industry peers?
Tips Music Ltd revenue CAGR is 27.84%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Tips Music Ltd?
Promoters hold 64.15% of the Tips Music Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Tips Music Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 60.1% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Tips Music Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 9.8%10%8.9%10.3%18.1%64.6%87.1%88.8%108.3%114.9%-
Value Creation
Index
-0.3-0.3-0.4-0.30.33.65.25.37.07.5-

Growth Parameters

Sales 68.44747.52039190.5136187242311376
Sales YoY Gr.--31.3%1%328%-55.2%-0.5%49.8%37.8%29.3%28.6%-
Adj EPS 0.2-0.60.200.83.355.99.91317
YoY Gr.--405%NA-81.8%1875%322.8%48.8%19.5%66.7%31.6%-
BVPS (₹) 4.64.84.94.95.67.87.910.61416.420.3
Adj Net
Profit
3-8.83.10.511.343.464.476.3127167217
Cash Flow from Ops. 3033.343.32530.543.329.481.1233120-
Debt/CF from Ops. 31.90.80.30.100000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 18.3%27.8%31.8%28.6%
Adj EPS 59.1%75.2%37.9%31.6%
BVPS15.1%23.9%27.5%17.2%
Share Price 58.5% 48% 44.6% -5%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
4.3-12.74.50.814.947.763.263.980.685.692.4
Op. Profit
Mgn %
21.9-7.220.23.1-2.260.963.654.665.666.573.4
Net Profit
Mgn %
4.4-18.66.60.312.447.947.540.852.653.657.7
Debt to
Equity
1.30.90.50.10000000
Working Cap
Days
7661,0071,107224253310287234178178153
Cash Conv.
Cycle
5477305307967-6-2-14-44-39106

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales6847472039191136187242311
Operating Expenses + 5350381979335498583104
Manufacturing Costs233120170401025534858
Material Costs0000000000
Employee Cost 677778671113
Other Costs 25131120461719252433
Operating Profit 15-3106-25586102158207
Operating Profit Margin (%) 21.9%-7.2%20.2%3.1%-2.2%60.9%63.6%54.6%65.6%66.5%
Other Income + 31924185351419
Exceptional Items 0000000000
Interest 131072000000
Depreciation 2111111122
Profit Before Tax 4447145989106171223
Tax 111431624294357
Profit After Tax 333311436577127167
PAT Margin (%) 4.4%6.3%6.6%1.4%12.5%48.0%47.6%41.0%52.6%53.6%
Adjusted EPS (₹)0.20.20.20.20.83.45.06.09.913.0
Dividend Payout Ratio (%)49.70%48.10%45.80%50.30%18.90%6%4%8.40%60.60%53.70%

Valuation of Tips Music - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 7068707180101102136179210
Share Capital 15141414141313131313
Reserves 55545556668889123167197
Debt +6749192200000
Long Term Debt6549142200000
Short Term Debt2050000000
Minority Interest0000000000
Trade Payables81511464161519
Others Liabilities 29211121511617890144110
Total Liabilities 1741402069998169185242338339

Fixed Assets

Net Fixed Assets +26322226586
Gross Block38101010111113131513
Accumulated Depreciation12788997877
CWIP 0000000001
Investments 00006185139195
Inventories105755729000000
Trade Receivables146911181518202627
Cash Equivalents 21892633629613141
Others Assets 285512949461009310882168
Total Assets 1741402069998169185242338339

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 3033432531432981233120
PBT 4447145989106171223
Adjustment 14128214-0-1-3-6-13
Changes in Working Capital 131431196-3-369113-31
Tax Paid -130-3-4-13-22-31-44-59
Cash Flow From Investing Activity + 1009-5-14-27-48-11111
Capex -0-0-010-1-1-0-1-3-2
Net Investments 0-000-5-14-25-52-1174
Others 100-111-1498
Cash Flow From Financing Activity + -40-34-39-31-9-25-3-43-85-139
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -25-16-35-22-7-20000
Interest Paid -13-10-7-2-0-0-0-0-00
Dividend Paid -2-2-2-2-2-2-3-3-83-89
Others -1-75-5-0-21-0-41-1-49
Net Cash Flow -9-153175-1-1137-8

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)4.334.334.544.0615.0147.8663.464.1580.5785.63
ROCE (%)9.89.988.9410.2718.1364.5687.188.8108.26114.89
Asset Turnover Ratio0.390.30.281.330.920.680.770.880.830.92
PAT to CFO Conversion(x)101114.338.332.8210.451.051.830.72
Working Capital Days
Receivable Days44.6075.3057.2017.6057.606744.4037.3035.2031.60
Inventory Days539.50696.40508.7077.30000000
Payable Days0000000000

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Tips Music Ltd FAQs

The current trading price of Tips Music on 12-Jun-2026 16:59 is ₹640.3.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 11-Jun-2026 the market cap of Tips Music stood at ₹8,185.1 Cr

The latest P/E ratio of Tips Music as of 11-Jun-2026 is 37.76.

The latest P/B ratio of Tips Music as of 11-Jun-2026 is 31.49.

The 52-week high of Tips Music is ₹726.0 and the 52-week low is ₹482.8.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Tips Music is ₹376 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Tips Music Ltd is a good quality company.

The key valuation ratios of Tips Music Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Tips Music Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Tips Music Ltd

Founded in 1975, Tips Industries Limited is one of the oldest companies in the Indian M&E Industry. Mr. Kumar Taurani and Mr. Ramesh Taurani, the co-founders of TIPS, are well-known names in the Indian M&E space with a proven track record of producing films that have wholesome entertainment for the entire family.

The company was incorporated on May 8, 1996 under Chapter IX of the Companies Act, 1956. The company currently owns many titles of which a minimum of 10 have been 10 million sellers, and over 15 have grossed more than 5 millions in sales and another 20 have bagged sales of about a million. Since the year 1981, the company has the highest number of gold and platinum discs to their credit in comparison with any other record label in India.

The company also holds soundtrack copyrights of at least 50 Hindi movies, while the soundtrack copyright of each movie costs about a million dollars and another million dollars is spent on promotion.

Similarly, the company boasts of its own distribution system. It possesses a set of distributors handling only Tips products, an exceptional phenomenon in the Indian music industry as mostly distributors are found dabbling in the product of more than one record label.

The company also owns two factories which use internationally recognized, state of the art machines specially imported from Italy and Denmark, such as Otari, Lyrec and Tapematics. These factories incorporate digital bin mastering facilities, work on just-in-time inventory management system and use in-house logistics facilities to deliver lacks of cassettes per day to the Indian market.

In what serves as a testimony to the company’s success, the company has offices located in the United States, Dubai and England where it operates via its licenses. It also distributes products in South Africa, Israel, Malaysia and is currently looking for aggressive distribution and expanding its repertoire in other markets.

Business area of the company

TIPS is a leading company in the Media & Entertainment Industry, engaged in the production and distribution of films and leveraging its audio content library digitally in India and overseas. The company is also a leading producer of Punjabi films in the country.

One of the strongest assets of TIPS is its rich and evergreen music collection. Its large and diversified music library has a collection of over 29,000 songs across all genres and major languages. The songs are digitized and available on all the leading online music stores, applications, and web platforms.

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