Tips Music Ltd.
•₹ 650.95-0.02%
2026-08-21
PROS
- Company has delivered good profit growth of 37.9% CAGR over last 5 years
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 115.9%
- Company has a good return on equity (ROE) track record: 3 Years ROE 86.2%
- Company has delivered good sales growth of 32.9% CAGR over last 5 years
- Operating margins have improved to 73.4% from 57.4%
CONS
- Stock is trading at 24.3x its book value
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | PVRINOX | 1201.20 | 26.53 | 11795.78 | 0.00 | 56.50 | 203.67 | 1622.20 | 10.42 | 11.51 | 32.59 |
| 2. | SAREGAMA | 508.35 | 44.26 | 9801.47 | 0.89 | 518.80 | 1320.98 | 2636.00 | 1174.85 | 19.90 | 35.40 |
| 3. | TIPSMUSIC | 652.30 | 0.00 | 8338.45 | 1.99 | 43.70 | -4.67 | 106.51 | 20.94 | 124.42 | 50.27 |
| 4. | PANORAMA | 45.95 | 49.58 | 1197.16 | 0.00 | 127.15 | 3529.75 | 1830.70 | 1242.65 | 28.17 | 10.94 |
| 5. | BALAJITELE | 91.61 | 0.00 | 1116.75 | 0.00 | 22.39 | 476.59 | 240.29 | 229.94 | -1.16 | 10.71 |
| 6. | AQYLON | 23.91 | 0.00 | 606.67 | 0.00 | -1.85 | -3535.19 | 0.04 | -96.33 | -45.28 | -1750.00 |
| 7. | CINELINE | 85.72 | 0.00 | 326.70 | 1.46 | -12.47 | -91.95 | 55.01 | 48.56 | -3.12 | -78.71 |
| 8. | UFO | 64.85 | 10.48 | 251.78 | 0.00 | 5.64 | -13.50 | 110.69 | 3.81 | 12.77 | 16.36 |
| 9. | TIPSFILMS | 352.85 | 0.00 | 152.53 | 0.00 | -29.41 | -720.49 | 47.96 | -49.71 | -26.64 | -61.48 |
| 10. | BAGFILMS | 4.41 | 20.47 | 96.10 | 0.00 | 3.57 | 58.90 | 38.59 | 22.62 | 7.68 | 18.58 |
| 11. | CINEVISTA | 14.53 | 13.67 | 83.46 | 0.00 | 1.00 | 0.70 | 7.49 | 61.77 | 14.45 | 31.09 |
| 12. | PNC | 17.70 | 0.00 | 25.61 | 0.00 | -0.77 | -224.76 | 1.57 | -92.57 | -1.72 | -51.56 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 53 | 61 | 65 | 63 | 74 | 81 | 78 | 78 | 88 | 89 | 94 | 104 | 107 | |
| 18 | 11 | 21 | 33 | 20 | 21 | 22 | 41 | 32 | 21 | 20 | 27 | 54 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 2 | 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 | 0 |
| Depreciation | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 36 | 53 | 46 | 35 | 58 | 64 | 59 | 41 | 62 | 72 | 79 | 80 | 58 | |
| Tax % | 25.45% | 25.05% | 25.24% | 26.23% | 25.31% | 25.25% | 25.19% | 25.92% | 25.50% | 25.78% | 25.40% | 26.22% | 25.05% |
| Net Profit | 27 | 40 | 35 | 26 | 44 | 48 | 44 | 31 | 46 | 53 | 59 | 59 | 44 |
| 2 | 3 | 3 | 2 | 3 | 4 | 3 | 2 | 4 | 4 | 5 | 5 | 0 | |
| Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 53
- 18
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 1
- 36
- Tax %
- 25.45%
- Net Profit
- 27
- 2
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 61
- 11
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 0
- 53
- Tax %
- 25.05%
- Net Profit
- 40
- 3
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 65
- 21
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 0
- 46
- Tax %
- 25.24%
- Net Profit
- 35
- 3
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 63
- 33
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 0
- Depreciation
- 0
- 35
- Tax %
- 26.23%
- Net Profit
- 26
- 2
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 74
- 20
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 0
- Depreciation
- 1
- 58
- Tax %
- 25.31%
- Net Profit
- 44
- 3
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 81
- 21
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 0
- Depreciation
- 1
- 64
- Tax %
- 25.25%
- Net Profit
- 48
- 4
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 78
- 22
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 1
- 59
- Tax %
- 25.19%
- Net Profit
- 44
- 3
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 78
- 41
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 0
- Depreciation
- 1
- 41
- Tax %
- 25.92%
- Net Profit
- 31
- 2
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 88
- 32
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 0
- Depreciation
- 1
- 62
- Tax %
- 25.50%
- Net Profit
- 46
- 4
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 89
- 21
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 0
- Depreciation
- 1
- 72
- Tax %
- 25.78%
- Net Profit
- 53
- 4
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 94
- 20
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 0
- Depreciation
- 1
- 79
- Tax %
- 25.40%
- Net Profit
- 59
- 5
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 104
- 27
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 1
- 80
- Tax %
- 26.22%
- Net Profit
- 59
- 5
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 107
- 54
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 0
- Depreciation
- 1
- 58
- Tax %
- 25.05%
- Net Profit
- 44
- 0
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 47 | 47 | 203 | 91 | 91 | 136 | 187 | 242 | 311 | 376 | 394 | |
| 50 | 38 | 197 | 93 | 35 | 49 | 85 | 83 | 104 | 100 | 122 | |
| Operating Profit | 16 | 12 | 11 | 16 | 60 | 89 | 107 | 173 | 226 | 295 | — |
| OPM % | 34 | 25 | 5 | 17 | 66 | 66 | 57 | 72 | 73 | 78 | — |
| Other Income | 19 | 2 | 4 | 18 | 5 | 3 | 5 | 14 | 19 | 19 | 19 |
| Interest | 10 | 7 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 3 |
| 4 | 4 | 7 | 14 | 59 | 89 | 106 | 171 | 223 | 292 | 289 | |
| Tax % | 31 | 22 | 61 | 21 | 27 | 27 | 28 | 25 | 25 | 26 | 26 |
| Net Profit | 3 | 3 | 3 | 11 | 43 | 65 | 77 | 127 | 167 | 217 | 215 |
| EPS | 2 | 2 | 2 | 8 | 33 | 5 | 6 | 10 | 13 | 17 | — |
| Dividend Payout % | 48 | 46 | 50 | 19 | 6 | 4 | 8 | 61 | 54 | 77 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 0 | 0 | 1 | 3 | 5 | 6 | 10 | 13 | 17 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 0 | 0 | 1 | 3 | 5 | 6 | 10 | 13 | 17 | — |
Mar 2017
- 47
- 50
- Operating Profit
- 16
- OPM %
- 34
- Other Income
- 19
- Interest
- 10
- Depreciation
- 1
- 4
- Tax %
- 31
- Net Profit
- 3
- EPS
- 2
- Dividend Payout %
- 48
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2018
- 47
- 38
- Operating Profit
- 12
- OPM %
- 25
- Other Income
- 2
- Interest
- 7
- Depreciation
- 1
- 4
- Tax %
- 22
- Net Profit
- 3
- EPS
- 2
- Dividend Payout %
- 46
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2019
- 203
- 197
- Operating Profit
- 11
- OPM %
- 5
- Other Income
- 4
- Interest
- 2
- Depreciation
- 1
- 7
- Tax %
- 61
- Net Profit
- 3
- EPS
- 2
- Dividend Payout %
- 50
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2020
- 91
- 93
- Operating Profit
- 16
- OPM %
- 17
- Other Income
- 18
- Interest
- 0
- Depreciation
- 1
- 14
- Tax %
- 21
- Net Profit
- 11
- EPS
- 8
- Dividend Payout %
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2021
- 91
- 35
- Operating Profit
- 60
- OPM %
- 66
- Other Income
- 5
- Interest
- 0
- Depreciation
- 1
- 59
- Tax %
- 27
- Net Profit
- 43
- EPS
- 33
- Dividend Payout %
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2022
- 136
- 49
- Operating Profit
- 89
- OPM %
- 66
- Other Income
- 3
- Interest
- 0
- Depreciation
- 1
- 89
- Tax %
- 27
- Net Profit
- 65
- EPS
- 5
- Dividend Payout %
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2023
- 187
- 85
- Operating Profit
- 107
- OPM %
- 57
- Other Income
- 5
- Interest
- 0
- Depreciation
- 1
- 106
- Tax %
- 28
- Net Profit
- 77
- EPS
- 6
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2024
- 242
- 83
- Operating Profit
- 173
- OPM %
- 72
- Other Income
- 14
- Interest
- 0
- Depreciation
- 2
- 171
- Tax %
- 25
- Net Profit
- 127
- EPS
- 10
- Dividend Payout %
- 61
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2025
- 311
- 104
- Operating Profit
- 226
- OPM %
- 73
- Other Income
- 19
- Interest
- 0
- Depreciation
- 2
- 223
- Tax %
- 25
- Net Profit
- 167
- EPS
- 13
- Dividend Payout %
- 54
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
Mar 2026
- 376
- 100
- Operating Profit
- 295
- OPM %
- 78
- Other Income
- 19
- Interest
- 0
- Depreciation
- 3
- 292
- Tax %
- 26
- Net Profit
- 217
- EPS
- 17
- Dividend Payout %
- 77
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
TTM
- 394
- 122
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 0
- Depreciation
- 3
- 289
- Tax %
- 26
- Net Profit
- 215
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 19%
- 5 Years:
- 33%
- 3 Years:
- 26%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 53%
- 5 Years:
- 38%
- 3 Years:
- 41%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- 10%
RETURN ON EQUITY
- 10 Years:
- 46%
- 5 Years:
- 77%
- 3 Years:
- 86%
- Last Year:
- 92%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 14 | 14 | 14 | 14 | 13 | 13 | 13 | 13 | 13 | 13 |
| 54 | 55 | 56 | 66 | 88 | 89 | 123 | 167 | 197 | 247 | |
| 15 | 22 | 6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Trade Payables | 1 | 5 | 11 | 4 | 6 | 4 | 16 | 15 | 19 | 13 |
| 55 | 109 | 11 | 13 | 61 | 78 | 90 | 144 | 110 | 88 | |
| Total Liabilities | 140 | 206 | 99 | 98 | 169 | 185 | 242 | 338 | 339 | 361 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 3 | 2 | 2 | 2 | 2 | 6 | 5 | 8 | 6 | 14 | |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| 0 | 0 | 0 | 6 | 18 | 5 | 13 | 91 | 95 | 150 | |
| 75 | 57 | 29 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26 | 27 | 34 | |
| Cash & Bank | 1 | 8 | 9 | 26 | 33 | 62 | 96 | 131 | 41 | 8 |
| 61 | 138 | 59 | 64 | 115 | 111 | 128 | 82 | 168 | 155 | |
| Total Assets | 140 | 206 | 99 | 98 | 169 | 185 | 242 | 338 | 339 | 361 |
| Total Debt | 64 | 36 | 8 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Working Capital | 78 | 43 | 44 | 58 | 121 | 118 | 111 | 192 | 191 | 205 |
| Contingent Liabilities | 17 | 19 | 21 | 1 | 1 | 3 | 3 | 3 | 2 | 2 |
| Book Value per Share | 47.51 | 48.66 | 49.41 | 56.14 | 78.08 | 78.96 | 106.04 | 13.98 | 16.39 | 20.34 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 64 | 36 | 8 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Working Capital | 78 | 43 | 44 | 58 | 121 | 118 | 111 | 192 | 191 | 205 |
| Contingent Liabilities | 17 | 19 | 21 | 1 | 1 | 3 | 3 | 3 | 2 | 2 |
| Book Value per Share | 47.51 | 48.66 | 49.41 | 56.14 | 78.08 | 78.96 | 106.04 | 13.98 | 16.39 | 20.34 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 1.00 | 1.00 | 1.00 |
Mar 2017
- Equity Capital
- 14
- 54
- 15
- Trade Payables
- 1
- 55
- Total Liabilities
- 140
- 3
- Capital Work in Progress
- 0
- 0
- 75
- 0
- Cash & Bank
- 1
- 61
- Total Assets
- 140
- Total Debt
- 64
- Net Working Capital
- 78
- Contingent Liabilities
- 17
- Book Value per Share
- 47.51
- Face Value
- 10.00
- Total Debt
- 64
- Net Working Capital
- 78
- Contingent Liabilities
- 17
- Book Value per Share
- 47.51
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 14
- 55
- 22
- Trade Payables
- 5
- 109
- Total Liabilities
- 206
- 2
- Capital Work in Progress
- 0
- 0
- 57
- 0
- Cash & Bank
- 8
- 138
- Total Assets
- 206
- Total Debt
- 36
- Net Working Capital
- 43
- Contingent Liabilities
- 19
- Book Value per Share
- 48.66
- Face Value
- 10.00
- Total Debt
- 36
- Net Working Capital
- 43
- Contingent Liabilities
- 19
- Book Value per Share
- 48.66
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 14
- 56
- 6
- Trade Payables
- 11
- 11
- Total Liabilities
- 99
- 2
- Capital Work in Progress
- 0
- 0
- 29
- 0
- Cash & Bank
- 9
- 59
- Total Assets
- 99
- Total Debt
- 8
- Net Working Capital
- 44
- Contingent Liabilities
- 21
- Book Value per Share
- 49.41
- Face Value
- 10.00
- Total Debt
- 8
- Net Working Capital
- 44
- Contingent Liabilities
- 21
- Book Value per Share
- 49.41
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 14
- 66
- 0
- Trade Payables
- 4
- 13
- Total Liabilities
- 98
- 2
- Capital Work in Progress
- 0
- 6
- 0
- 0
- Cash & Bank
- 26
- 64
- Total Assets
- 98
- Total Debt
- 2
- Net Working Capital
- 58
- Contingent Liabilities
- 1
- Book Value per Share
- 56.14
- Face Value
- 10.00
- Total Debt
- 2
- Net Working Capital
- 58
- Contingent Liabilities
- 1
- Book Value per Share
- 56.14
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 13
- 88
- 0
- Trade Payables
- 6
- 61
- Total Liabilities
- 169
- 2
- Capital Work in Progress
- 0
- 18
- 0
- 0
- Cash & Bank
- 33
- 115
- Total Assets
- 169
- Total Debt
- 0
- Net Working Capital
- 121
- Contingent Liabilities
- 1
- Book Value per Share
- 78.08
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 121
- Contingent Liabilities
- 1
- Book Value per Share
- 78.08
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 13
- 89
- 0
- Trade Payables
- 4
- 78
- Total Liabilities
- 185
- 6
- Capital Work in Progress
- 0
- 5
- 0
- 0
- Cash & Bank
- 62
- 111
- Total Assets
- 185
- Total Debt
- 0
- Net Working Capital
- 118
- Contingent Liabilities
- 3
- Book Value per Share
- 78.96
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 118
- Contingent Liabilities
- 3
- Book Value per Share
- 78.96
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 13
- 123
- 0
- Trade Payables
- 16
- 90
- Total Liabilities
- 242
- 5
- Capital Work in Progress
- 0
- 13
- 0
- 0
- Cash & Bank
- 96
- 128
- Total Assets
- 242
- Total Debt
- 0
- Net Working Capital
- 111
- Contingent Liabilities
- 3
- Book Value per Share
- 106.04
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 111
- Contingent Liabilities
- 3
- Book Value per Share
- 106.04
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 13
- 167
- 0
- Trade Payables
- 15
- 144
- Total Liabilities
- 338
- 8
- Capital Work in Progress
- 0
- 91
- 0
- 26
- Cash & Bank
- 131
- 82
- Total Assets
- 338
- Total Debt
- 0
- Net Working Capital
- 192
- Contingent Liabilities
- 3
- Book Value per Share
- 13.98
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 192
- Contingent Liabilities
- 3
- Book Value per Share
- 13.98
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 13
- 197
- 0
- Trade Payables
- 19
- 110
- Total Liabilities
- 339
- 6
- Capital Work in Progress
- 1
- 95
- 0
- 27
- Cash & Bank
- 41
- 168
- Total Assets
- 339
- Total Debt
- 0
- Net Working Capital
- 191
- Contingent Liabilities
- 2
- Book Value per Share
- 16.39
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 191
- Contingent Liabilities
- 2
- Book Value per Share
- 16.39
- Face Value
- 1.00
Mar 2026
- Equity Capital
- 13
- 247
- 0
- Trade Payables
- 13
- 88
- Total Liabilities
- 361
- 14
- Capital Work in Progress
- 0
- 150
- 0
- 34
- Cash & Bank
- 8
- 155
- Total Assets
- 361
- Total Debt
- 0
- Net Working Capital
- 205
- Contingent Liabilities
- 2
- Book Value per Share
- 20.34
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 205
- Contingent Liabilities
- 2
- Book Value per Share
- 20.34
- Face Value
- 1.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 33 | 43 | 25 | 31 | 43 | 29 | 81 | 233 | 120 | 197 | |
| Cash from Investing | 0 | 0 | 9 | -5 | -14 | -27 | -48 | -111 | 11 | -63 |
| Cash from Financing | -34 | -39 | -31 | -9 | -25 | -3 | -43 | -85 | -139 | -168 |
| -1 | 5 | 3 | 17 | 5 | -1 | -11 | 37 | -8 | -34 | |
| Free Cash Flow | 33 | 43 | 24 | 30 | 43 | 28 | 81 | 231 | 120 | 189 |
| OCF / Net Profit | 11.18 | 13.85 | 8.77 | 2.69 | 0.99 | 0.45 | 1.06 | 1.83 | 0.72 | 0.91 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 174 | 168 | 206 | 413 | 503 | 649 |
| OCF / Net Profit | 11.18 | 13.85 | 8.77 | 2.69 | 0.99 | 0.45 | 1.06 | 1.83 | 0.72 | 0.91 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 174 | 168 | 206 | 413 | 503 | 649 |
Mar 2017
- 33
- Cash from Investing
- 0
- Cash from Financing
- -34
- -1
- Free Cash Flow
- 33
- OCF / Net Profit
- 11.18
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 11.18
- Cumulative 5-Year FCF
- 0
Mar 2018
- 43
- Cash from Investing
- 0
- Cash from Financing
- -39
- 5
- Free Cash Flow
- 43
- OCF / Net Profit
- 13.85
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 13.85
- Cumulative 5-Year FCF
- 0
Mar 2019
- 25
- Cash from Investing
- 9
- Cash from Financing
- -31
- 3
- Free Cash Flow
- 24
- OCF / Net Profit
- 8.77
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 8.77
- Cumulative 5-Year FCF
- 0
Mar 2020
- 31
- Cash from Investing
- -5
- Cash from Financing
- -9
- 17
- Free Cash Flow
- 30
- OCF / Net Profit
- 2.69
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.69
- Cumulative 5-Year FCF
- 0
Mar 2021
- 43
- Cash from Investing
- -14
- Cash from Financing
- -25
- 5
- Free Cash Flow
- 43
- OCF / Net Profit
- 0.99
- Cumulative 5-Year FCF
- 174
- OCF / Net Profit
- 0.99
- Cumulative 5-Year FCF
- 174
Mar 2022
- 29
- Cash from Investing
- -27
- Cash from Financing
- -3
- -1
- Free Cash Flow
- 28
- OCF / Net Profit
- 0.45
- Cumulative 5-Year FCF
- 168
- OCF / Net Profit
- 0.45
- Cumulative 5-Year FCF
- 168
Mar 2023
- 81
- Cash from Investing
- -48
- Cash from Financing
- -43
- -11
- Free Cash Flow
- 81
- OCF / Net Profit
- 1.06
- Cumulative 5-Year FCF
- 206
- OCF / Net Profit
- 1.06
- Cumulative 5-Year FCF
- 206
Mar 2024
- 233
- Cash from Investing
- -111
- Cash from Financing
- -85
- 37
- Free Cash Flow
- 231
- OCF / Net Profit
- 1.83
- Cumulative 5-Year FCF
- 413
- OCF / Net Profit
- 1.83
- Cumulative 5-Year FCF
- 413
Mar 2025
- 120
- Cash from Investing
- 11
- Cash from Financing
- -139
- -8
- Free Cash Flow
- 120
- OCF / Net Profit
- 0.72
- Cumulative 5-Year FCF
- 503
- OCF / Net Profit
- 0.72
- Cumulative 5-Year FCF
- 503
Mar 2026
- 197
- Cash from Investing
- -63
- Cash from Financing
- -168
- -34
- Free Cash Flow
- 189
- OCF / Net Profit
- 0.91
- Cumulative 5-Year FCF
- 649
- OCF / Net Profit
- 0.91
- Cumulative 5-Year FCF
- 649
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 2.08 | 2.18 | 1.99 | 7.92 | 33.52 | 49.78 | 59.58 | 9.90 | 13.03 | 16.96 |
| Book Value (₹) | 47.51 | 48.66 | 49.41 | 56.14 | 78.08 | 78.96 | 106.04 | 13.98 | 16.39 | 20.34 |
| Dividend per Share (₹) | 1.00 | 1.00 | 1.00 | 1.50 | 2.00 | 2.00 | 5.00 | 6.00 | 7.00 | 13.00 |
| Cash EPS (₹) | 0.31 | 0.32 | 0.29 | 0.87 | 3.41 | 5.04 | 6.06 | 10.06 | 13.20 | 17.15 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 34.05% | 25.32% | 5.30% | 17.39% | 66.34% | 65.96% | 57.43% | 65.60% | 66.53% | 73.44% |
| Net Margin % | 6.34% | 6.58% | 1.40% | 12.46% | 48.02% | 47.61% | 40.97% | 52.64% | 53.61% | 57.72% |
| ROE % | 4.33% | 4.54% | 4.06% | 15.01% | 47.86% | 63.40% | 64.15% | 80.57% | 85.63% | 92.33% |
| ROCE % | 9.98% | 8.94% | 10.27% | 18.13% | 64.56% | 87.10% | 88.80% | 108.26% | 114.89% | 124.42% |
| 1.90% | 1.81% | 1.87% | 11.49% | 32.61% | 36.52% | 35.85% | 43.83% | 49.19% | 61.92% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 75 | 57 | 18 | 58 | 67 | 44 | 37 | 35 | 32 | 30 |
| Inventory Days | 696 | 509 | 77 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 772 | 566 | 95 | 58 | 67 | 44 | 37 | 35 | 32 | 30 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.94x | 0.51x | 0.12x | 0.02x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Interest Coverage (x) | 1.42x | 1.60x | 4.33x | 51.66x | 2834.69x | 1218.27x | 370.27x | 490.32x | 735.39x | 1461.83x |
| 4.59x | 1.35x | 2.90x | 5.54x | 5.20x | 3.38x | 2.08x | 3.30x | 2.75x | 3.12x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -31.30% | 1.00% | 327.97% | -55.23% | -0.51% | 49.77% | 37.76% | 29.34% | 28.61% | 20.87% |
| Operating Profit Growth % | -11.20% | -24.90% | -10.33% | 46.72% | 279.65% | 48.92% | 19.93% | 61.15% | 30.57% | 30.53% |
| Net Profit Growth % | -1.65% | 4.88% | -8.89% | 298.21% | 283.35% | 48.51% | 18.54% | 66.18% | 30.98% | 30.13% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -83.38% | 31.59% | 30.13% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 46.51x | 48.48x | 29.20x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 32.95x | 38.54x | 24.35x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.30% | 1.11% | 2.63% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 33.46x | 35.60x | 21.46x |
Mar 2017
- EPS (₹)
- 2.08
- Book Value (₹)
- 47.51
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 0.31
- Operating Margin %
- 34.05%
- Net Margin %
- 6.34%
- ROE %
- 4.33%
- ROCE %
- 9.98%
- 1.90%
- Debtor Days
- 75
- Inventory Days
- 696
- Payable Days
- 0
- 772
- Debt to Equity (x)
- 0.94x
- Interest Coverage (x)
- 1.42x
- 4.59x
- Revenue Growth %
- -31.30%
- Operating Profit Growth %
- -11.20%
- Net Profit Growth %
- -1.65%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 2.18
- Book Value (₹)
- 48.66
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 0.32
- Operating Margin %
- 25.32%
- Net Margin %
- 6.58%
- ROE %
- 4.54%
- ROCE %
- 8.94%
- 1.81%
- Debtor Days
- 57
- Inventory Days
- 509
- Payable Days
- 0
- 566
- Debt to Equity (x)
- 0.51x
- Interest Coverage (x)
- 1.60x
- 1.35x
- Revenue Growth %
- 1.00%
- Operating Profit Growth %
- -24.90%
- Net Profit Growth %
- 4.88%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 1.99
- Book Value (₹)
- 49.41
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 0.29
- Operating Margin %
- 5.30%
- Net Margin %
- 1.40%
- ROE %
- 4.06%
- ROCE %
- 10.27%
- 1.87%
- Debtor Days
- 18
- Inventory Days
- 77
- Payable Days
- 0
- 95
- Debt to Equity (x)
- 0.12x
- Interest Coverage (x)
- 4.33x
- 2.90x
- Revenue Growth %
- 327.97%
- Operating Profit Growth %
- -10.33%
- Net Profit Growth %
- -8.89%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 7.92
- Book Value (₹)
- 56.14
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 0.87
- Operating Margin %
- 17.39%
- Net Margin %
- 12.46%
- ROE %
- 15.01%
- ROCE %
- 18.13%
- 11.49%
- Debtor Days
- 58
- Inventory Days
- 0
- Payable Days
- 0
- 58
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 51.66x
- 5.54x
- Revenue Growth %
- -55.23%
- Operating Profit Growth %
- 46.72%
- Net Profit Growth %
- 298.21%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 33.52
- Book Value (₹)
- 78.08
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 3.41
- Operating Margin %
- 66.34%
- Net Margin %
- 48.02%
- ROE %
- 47.86%
- ROCE %
- 64.56%
- 32.61%
- Debtor Days
- 67
- Inventory Days
- 0
- Payable Days
- 0
- 67
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 2834.69x
- 5.20x
- Revenue Growth %
- -0.51%
- Operating Profit Growth %
- 279.65%
- Net Profit Growth %
- 283.35%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 49.78
- Book Value (₹)
- 78.96
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 5.04
- Operating Margin %
- 65.96%
- Net Margin %
- 47.61%
- ROE %
- 63.40%
- ROCE %
- 87.10%
- 36.52%
- Debtor Days
- 44
- Inventory Days
- 0
- Payable Days
- 0
- 44
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 1218.27x
- 3.38x
- Revenue Growth %
- 49.77%
- Operating Profit Growth %
- 48.92%
- Net Profit Growth %
- 48.51%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 59.58
- Book Value (₹)
- 106.04
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 6.06
- Operating Margin %
- 57.43%
- Net Margin %
- 40.97%
- ROE %
- 64.15%
- ROCE %
- 88.80%
- 35.85%
- Debtor Days
- 37
- Inventory Days
- 0
- Payable Days
- 0
- 37
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 370.27x
- 2.08x
- Revenue Growth %
- 37.76%
- Operating Profit Growth %
- 19.93%
- Net Profit Growth %
- 18.54%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 9.90
- Book Value (₹)
- 13.98
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 10.06
- Operating Margin %
- 65.60%
- Net Margin %
- 52.64%
- ROE %
- 80.57%
- ROCE %
- 108.26%
- 43.83%
- Debtor Days
- 35
- Inventory Days
- 0
- Payable Days
- 0
- 35
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 490.32x
- 3.30x
- Revenue Growth %
- 29.34%
- Operating Profit Growth %
- 61.15%
- Net Profit Growth %
- 66.18%
- -83.38%
- P/E (x)
- 46.51x
- P/B (x)
- 32.95x
- Dividend Yield %
- 1.30%
- 33.46x
Mar 2025
- EPS (₹)
- 13.03
- Book Value (₹)
- 16.39
- Dividend per Share (₹)
- 7.00
- Cash EPS (₹)
- 13.20
- Operating Margin %
- 66.53%
- Net Margin %
- 53.61%
- ROE %
- 85.63%
- ROCE %
- 114.89%
- 49.19%
- Debtor Days
- 32
- Inventory Days
- 0
- Payable Days
- 0
- 32
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 735.39x
- 2.75x
- Revenue Growth %
- 28.61%
- Operating Profit Growth %
- 30.57%
- Net Profit Growth %
- 30.98%
- 31.59%
- P/E (x)
- 48.48x
- P/B (x)
- 38.54x
- Dividend Yield %
- 1.11%
- 35.60x
Mar 2026
- EPS (₹)
- 16.96
- Book Value (₹)
- 20.34
- Dividend per Share (₹)
- 13.00
- Cash EPS (₹)
- 17.15
- Operating Margin %
- 73.44%
- Net Margin %
- 57.72%
- ROE %
- 92.33%
- ROCE %
- 124.42%
- 61.92%
- Debtor Days
- 30
- Inventory Days
- 0
- Payable Days
- 0
- 30
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 1461.83x
- 3.12x
- Revenue Growth %
- 20.87%
- Operating Profit Growth %
- 30.53%
- Net Profit Growth %
- 30.13%
- 30.13%
- P/E (x)
- 29.20x
- P/B (x)
- 24.35x
- Dividend Yield %
- 2.63%
- 21.46x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-12 - Tips Music Limited has informed the Exchange about rescheduling of Analyst / Institutional Investor Meeting
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-10 - Tips Music Limited has informed the Exchange about Schedule of meet
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Jul 2026
Apr 2026
Jan 2026