Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 61 | 65 | 63 | 74 | 81 | 78 | 78 | 88 | 89 | 94 | 104 | 107 |
| Expenses | 11 | 21 | 33 | 20 | 21 | 22 | 41 | 32 | 21 | 20 | 27 | 53 |
| Operating Profit | 50 | 43 | 30 | 54 | 59 | 56 | 37 | 57 | 68 | 75 | 77 | 54 |
| OPM % | 82% | 67% | 48% | 74% | 74% | 72% | 48% | 64% | 76% | 79% | 74% | 50% |
| Other Income | 4 | 3 | 5 | 5 | 6 | 4 | 5 | 6 | 5 | 5 | 4 | 6 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 53 | 46 | 35 | 58 | 64 | 59 | 41 | 62 | 72 | 79 | 80 | 58 |
| Tax % | 25% | 25% | 26% | 25% | 25% | 25% | 26% | 26% | 26% | 25% | 26% | 25% |
| Net Profit | 40 | 35 | 26 | 44 | 48 | 44 | 31 | 46 | 53 | 59 | 59 | 44 |
| EPS in Rs | 3.09 | 2.70 | 2.01 | 3.41 | 3.77 | 3.46 | 2.39 | 3.59 | 4.16 | 4.59 | 4.62 | 3.42 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 68 | 47 | 47 | 203 | 91 | 91 | 136 | 187 | 242 | 311 | 376 | 394 |
| Expenses | 53 | 50 | 38 | 197 | 93 | 35 | 49 | 85 | 83 | 104 | 100 | 121 |
| Operating Profit | 15 | -3 | 10 | 6 | -2 | 55 | 86 | 102 | 158 | 207 | 276 | 273 |
| OPM % | 22% | -7% | 20% | 3.1% | -2.2% | 61% | 64% | 55% | 66% | 67% | 73% | 69% |
| Other Income | 3 | 19 | 2 | 4 | 18 | 5 | 3 | 5 | 14 | 19 | 19 | 19 |
| Interest | 13 | 10 | 7 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 3 |
| Profit before tax | 4 | 4 | 4 | 7 | 14 | 59 | 89 | 106 | 171 | 223 | 292 | 289 |
| Tax % | 20% | 31% | 22% | 61% | 21% | 27% | 27% | 28% | 25% | 25% | 26% | |
| Net Profit | 3 | 3 | 3 | 3 | 11 | 43 | 65 | 77 | 127 | 167 | 217 | 215 |
| EPS in Rs | 0.20 | 0.21 | 0.22 | 0.20 | 0.79 | 3.35 | 4.98 | 5.96 | 9.90 | 13.03 | 16.96 | 16.79 |
| Dividend Payout % | 50% | 48% | 46% | 50% | 19% | 4% | 4% | 8% | 61% | 54% | 77% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 19% | 33% | 26% | 21% | ||
| Compounded Profit Growth | 52% | 37% | 39% | 27% | ||
| Stock Price CAGR | 61% | 43% | 28% | 10% | ||
| Return on Equity | 58% | 78% | 83% | 88% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 14 | 14 | 14 | 14 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 55 | 55 | 54 | 55 | 56 | 66 | 88 | 89 | 123 | 167 | 197 | 247 |
| Borrowings | 106 | 89 | 64 | 36 | 8 | 2 | 0 | 0 | 4 | 5 | 3 | 5 |
| Other Liabilities | 4 | 15 | 3 | 97 | 15 | 8 | 49 | 44 | 53 | 154 | 126 | 97 |
| Total Liabilities | 180 | 174 | 135 | 202 | 95 | 90 | 150 | 147 | 193 | 339 | 339 | 362 |
| Fixed Assets | 28 | 26 | 25 | 23 | 15 | 15 | 15 | 7 | 5 | 8 | 7 | 14 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 6 | 18 | 5 | 13 | 91 | 95 | 150 |
| Other Assets | 153 | 148 | 111 | 179 | 79 | 70 | 117 | 135 | 174 | 240 | 237 | 198 |
| Total Assets | 180 | 174 | 135 | 202 | 95 | 90 | 150 | 147 | 193 | 339 | 339 | 362 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 37 | 30 | 33 | 43 | 25 | 31 | 43 | 29 | 81 | 233 | 120 | 197 |
| Cash from Investing Activity | 3 | 1 | 0 | 0 | 9 | -5 | -14 | -36 | -48 | -111 | 11 | -63 |
| Cash from Financing Activity | -42 | -40 | -34 | -39 | -31 | -9 | -25 | -3 | -43 | -85 | -139 | -168 |
| Net Cash Flow | -2 | -9 | -1 | 5 | 3 | 17 | 5 | -9 | -11 | 37 | -8 | -34 |
| Free Cash Flow | 36 | 30 | 33 | 43 | 34 | 30 | 43 | 29 | 80 | 230 | 119 | 191 |
| CFO/OP | 235% | 209% | -898% | 449% | 451% | -1,707% | 102% | 59% | 110% | 175% | 87% | 98% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 11 | 72 | 46 | 69 | 19 | 73 | 61 | 48 | 40 | 40 | 32 | 33 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 11 | 72 | 46 | 69 | 19 | 73 | 61 | 48 | 40 | 40 | 32 | 33 |
| Working Capital Days | 399 | 523 | 600 | 267 | 62 | 127 | 278 | 136 | 5 | -46 | 64 | 46 |
| ROCE % | 8% | 10% | 10% | 9% | 8% | 18% | 64% | 86% | 87% | 104% | 109% | 118% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 75.00% | 68.92% | 63.86% | 64.16% | 64.15% | 64.15% | 64.15% | 64.15% | 64.15% | 64.15% | 64.15% | 64.15% |
| FIIs | 0.42% | 0.85% | 2.09% | 2.39% | 4.84% | 7.42% | 8.23% | 8.11% | 8.16% | 7.34% | 7.48% | 7.99% |
| DIIs | 0.57% | 0.91% | 8.17% | 6.72% | 5.02% | 4.27% | 3.52% | 4.08% | 5.03% | 4.97% | 4.94% | 5.36% |
| Public | 24.02% | 29.32% | 25.88% | 26.74% | 25.98% | 24.15% | 24.10% | 23.66% | 22.66% | 23.54% | 23.42% | 22.49% |
| No. of Shareholders | 29,974 | 37,288 | 57,209 | 53,404 | 60,557 | 73,580 | 68,869 | 70,726 | 69,564 | 64,762 | 62,106 | 62,003 |
Fundamentals
Market Cap₹ 8,273 Cr.
Current Price₹ 647
Stock P/E38.6
Book Value₹ 20.3
ROCE118 %
ROE87.6 %
Dividend Yield2.01 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)21%
Compounded Profit Growth (TTM)27%
Standalone figures.
Valuation
Market capRs 8,235 Cr
Enterprise valueRs 8,232 Cr
P/E (TTM)38.37x
Price to book31.68x
Price to sales20.90x
EV / EBITDA28.22x
EV / EBIT28.50x
EV / sales20.90x
Price to cash flow41.80x
Earnings yield2.61%
Dividend yield2.02%
P/E, 3-year average41.39x
P/B, 3-year average31.94x
P/E, 5-year average26.11x
P/B, 5-year average19.93x
Profitability
Operating margin (excl. other income)73.44%
Operating margin (incl. other income)78.45%
EBITDA margin74.05%
Pre-tax margin73.27%
Net profit margin54.48%
Net margin, latest quarter41.03%
ROE92.33%
ROCE122.19%
ROA61.80%
ROE, 3-year average86.18%
ROCE, 3-year average113.32%
ROA, 3-year average52.92%
ROE, 5-year average77.22%
ROCE, 5-year average102.89%
ROA, 5-year average49.47%
ROIC (approx.)83.46%
Tax rate25.74%
Other income / net worth7.22%
Growth
Sales growth (latest year)20.86%
Profit growth (latest year)30.13%
Sales CAGR, 3 years26.21%
Sales CAGR, 5 years32.91%
Profit CAGR, 3 years41.49%
Profit CAGR, 5 years37.90%
Sales growth QoQ2.48%
Profit growth QoQ-26.01%
Sales growth YoY (latest quarter)20.94%
Profit growth YoY (latest quarter)-4.67%
Per share
EPS (TTM)Rs 16.79
EPS (latest year)Rs 16.96
EPS (latest quarter)Rs 3.42
EPS, 3-year averageRs 13.30
EPS, 5-year averageRs 29.85
Book value per shareRs 20.34
Sales per shareRs 30.82
Cash flow per shareRs 15.41
Free cash flow per shareRs 14.94
Dividend per share (latest year)Rs 13.00
Dividend per share, 3-year averageRs 8.66
Dividend per share, 5-year averageRs 6.60
Dividends
Dividend payout76.65%
Dividend payout, 3-year average63.65%
Dividend payout, 5-year average40.67%
Efficiency
Asset turnover1.04x
Fixed asset turnover26.24x
Debtor days33 days
Debtors turnover10.94x
Cash conversion cycle33 days
Working capital days46 days
Leverage
Total debtRs 5 Cr
Cash and bankRs 8 Cr
Net debtRs -3 Cr
Debt to equity0.02x
Net debt / EBITDA-0.01x
Interest coverage1203.71x
Current ratio (filing 2026-03-31)3.15x
Quick ratio (filing 2026-03-31)3.15x
Trade payables (filing 2026-03-31)Rs 13 Cr
Owners' fund to total sources71.80%
Debt to assets1.41%
Cash flow
Cash from Operating Activity (latest year)Rs 197 Cr
Cash from Investing Activity (latest year)Rs -63 Cr
Cash from Financing Activity (latest year)Rs -168 Cr
Net Cash Flow (latest year)Rs -34 Cr
Free cash flow (latest year)Rs 191 Cr
FCFE (approx.: FCF + change in debt)Rs 193 Cr
Cash from ops / profit, 5 years1.01x
Sales to cash flow1.91x
Statement figures
Net sales (TTM)Rs 394 Cr
Net sales (latest year)Rs 376 Cr
Sales (latest quarter)Rs 107 Cr
Operating profit excl. other income (latest year)Rs 276 Cr
Operating profit (latest quarter)Rs 54 Cr
Other income (TTM)Rs 19 Cr
EBITDA (TTM)Rs 292 Cr
PBDT (TTM)Rs 291 Cr
Profit before tax (TTM)Rs 289 Cr
Tax (latest year)Rs 75 Cr
Net profit (TTM)Rs 215 Cr
Net profit (latest year)Rs 217 Cr
Net profit (latest quarter)Rs 44 Cr
Depreciation (TTM)Rs 3 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 39 Cr
Total expenditure (latest year)Rs 100 Cr
Total income (latest year)Rs 394 Cr
Share capitalRs 13 Cr
ReservesRs 247 Cr
Shareholders' fundsRs 260 Cr
Total assetsRs 362 Cr
Net blockRs 14 Cr
InvestmentsRs 150 Cr
ReceivablesRs 34 Cr
Other liabilitiesRs 97 Cr
Shares outstanding (crore)12.78
Ownership
Promoter holding64.15% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 38.4 is at the 42th percentile of its own 9.4-year range
(median 40.0, low 15.3, high 104.7).
P/B 31.68 is at the 71th percentile (median 18.95).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | TIPSMUSIC | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -2.7% | -2.8% | +0.1 pts |
| 1 month | +0.1% | -6.8% | +6.9 pts |
| 3 months | -5.9% | -7.6% | +1.7 pts |
| 6 months | +30.5% | +0.4% | +30.1 pts |
| 1 year | +8.8% | -9.9% | +18.7 pts |
| 2 years | -5.4% | -13.6% | +8.2 pts |
| 3 years | +108.3% | +14.2% | +94.1 pts |
| 5 years | +426.8% | +27.9% | +398.9 pts |
33 mutual fund schemes hold about ₹348 Cr.
Over three months 19 bought more and 6 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| UTI Small Cap Fund | 1.28% | 68 | +7% |
| Canara Rob Large and Mid Cap Fund | 0.17% | 44 | +19% |
| UTI Large & Mid Cap Fund | 0.54% | 35 | +3% |
| Bank of India Multi Cap Fund | 2.50% | 33 | +3% |
| UTI Aggressive Hybrid Fund | 0.48% | 33 | +2% |
| Sundaram Business Cycle Fund | 1.82% | 32 | -28% |
| Helios Small Cap Fund | 1.44% | 21 | +34% |
| Bank of India Large & Mid Cap Fund | 2.21% | 12 | +13% |
| UTI Retirement Fund | 0.24% | 11 | -12% |
| Bank of India Consumption Fund | 2.81% | 10 | +12% |
| Helios Mid Cap Fund | 0.45% | 10 | -12% |
| UTI India Consumer Fund | 1.19% | 9 | +2% |
| Motilal Oswal Nifty Microcap 250 Index Fund | 0.31% | 8 | +2% |
| Groww Small Cap Fund | 0.71% | 5 | +100% |
| UTI Children's Hybrid Fund | 0.10% | 4 | -33% |
| UTI Children's Equity Fund | 0.24% | 3 | -33% |
| The Wealth Company Multi Asset Allocation Fund | 1.24% | 3 | +100% |
| WOC Digital Bharat Fund | 0.46% | 2 | -63% |
| The Wealth Company Small Cap Fund | 1.47% | 2 | +100% |
| Arudha Equity Long-Short Fund | 0.89% | 1 | +100% |
| Shriram Flexi Cap Fund | 0.59% | 1 | +11% |
| Bank of India Midcap Tax Fund-Sr 1 | 0.71% | 0 | +4% |
| Shriram Multi Asset Allocation Fund | 0.32% | 0 | +4% |
| Groww Value Fund(M | 0.50% | 0 | +100% |
| Shriram ELSS Tax Saver Fund | 0.63% | 0 | +8% |
Red flags
F-score 6 of 8No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹107 Cr +21.6% vs Jun 2025.
Net profit ₹44 Cr -4.3%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Prime Focus Ltd | 24,726 | 139 | 11.3 % |
| Saregama India Ltd | 9,514 | 41.7 | 17.3 % |
| Network 18 Media & Investments Ltd | 3,997 | 3.01 % | |
| Balaji Telefilms Ltd | 1,120 | -10.1 % | |
| Entertainment Network (India) Ltd | 454 | 340 | -0.75 % |
| Basilic Fly Studio Ltd | 442 | 9.19 | 21.5 % |
| Shemaroo Entertainment Ltd | 340 | -39.3 % | |
| Gretex Industries Ltd | 332 | 237 | 3.01 % |
| Optimystix Entertainment India Ltd | 302 | 12.6 | 27.3 % |
| Music Broadcast Ltd | 203 | -8.73 % | |
| Phantom Digital Effects Ltd | 140 | 4.30 | 17.6 % |
| Maxposure Ltd | 86 | 9.11 | 15.3 % |
| Starbeam Ventures Ltd | 60 | 23.1 | 7.53 % |
| Studio LSD Ltd | 47 | -3.22 % | |
| Digikore Studios Ltd | 45 | 3.55 | 24.7 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-01-23 | Interim Dividend - Rs 5 Per Share | |
| 2025-10-20 | Interim Dividend - Rs 4 Per Share | |
| 2025-08-05 | Interim Dividend - Rs 4 Per Share | |
| 2025-01-28 | Interim Dividend - Rs 3 Per Sh | |
| 2024-10-24 | Interim Dividend - Rs 2 Per Share | |
| 2024-08-01 | Interim Dividend - Rs 2 Per Share | |
| 2024-07-19 | Annual General Meeting | |
| 2024-04-22 | Buy Back | |
| 2024-02-01 | Interim Dividend - Rs 3 Per Share | |
| 2023-10-31 | Interim Dividend - Rs 2 Per Share | |
| 2023-08-04 | Interim Dividend - Re 1 Per Share | |
| 2023-08-04 | Annual General Meeting/Dividend - Re 0.50 Per Share | |
| 2023-04-21 | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share | 0.1000 |
| 2022-12-30 | Buy Back | |
| 2022-08-19 | Annual General Meeting/Dividend - Rs 2 Per Share | |
| 2022-05-19 | Demerger | |
| 2021-09-13 | Annual General Meeting/Dividend - Rs 2 Per Share | |
| 2020-09-17 | Annual General Meeting/Dividend - Rs 1.50 Per Share | |
| 2020-03-31 | Buyback | |
| 2019-09-13 | Annual General Meeting/Dividend - Re 1 Per Share | |
| 2018-09-17 | Annual General Meeting/Dividend- Re 1 Per Share | |
| 2017-09-05 | Annual General Meeting/Dividend - Re 1/- Per Share | |
| 2016-09-08 | Annual General Meeting/ Dividend - Re 1/- Per Share | |
| 2015-08-06 | Annual General Meeting/Dividend - Re 1/- Per Share | |
| 2014-07-28 | Annual General Meeting / Final Dividend - Re 1/- Per Share | |
| 2013-08-20 | Annual General Meeting / Final Dividend Re 2.10/- Per Share | |
| 2012-07-18 | Annual General Meeting And Dividend Rs.2/- Per Share | |
| 2011-07-21 | Annual General Meeting And Dividend Rs.1.25 Per Share | |
| 2010-07-26 | Annual General Meeting And Dividend Rs.1.25 Per Share | |
| 2009-08-25 | Agm/Div-Rs.1.10 Per Share | |
| 2008-09-12 | Agm/Dividend - 20% | |
| 2007-09-19 | Agm | |
| 2006-07-13 | Agm |
| Date | Type | What it says |
|---|---|---|
| 2026-10-01 | Post Buyback Public Announce | Post Buyback Public Announcement |
| 2026-09-30 | Closure of Buy Back | Closure of Buy Back with effect from September 30, 2026 |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Tips Music Ltd?
Tips Music Ltd (TIPSMUSIC) has a market capitalisation of Rs 8,273 Cr. at the 2026-10-01 close.
What is the P/E ratio of Tips Music Ltd?
Tips Music Ltd trades at a P/E of 38.6 on trailing twelve-month profit, at the 2026-10-01 close.
What were Tips Music Ltd's latest quarterly results?
In the Jun 2026 quarter, Tips Music Ltd sales was Rs 107 Cr (+21.6% vs Jun 2025) and net profit was Rs 44 Cr.
What is the 52-week high and low of Tips Music Ltd?
The 52-week high is Rs 741.00 and the 52-week low is Rs 481.15.