TIPSMUSICMedia Entertainment & Publication

Tips Music Limited

Media & Entertainment · ISIN INE716B01029 · BSE 532375 · NSE EQ · FV ₹1
Last price
₹657
+0.31%today
What this company does

Tips Music Limited operates in Media & Entertainment, part of the Media Entertainment & Publication sector. It booked ₹107 cr of revenue in its latest quarter (Q1 FY27) and kept 41.0% of sales as profit. It is the 3rd largest of 9 Media & Entertainment companies we track, by market value.

Less: Depreciation 219.57 197.12 TIPS MUSIC, one of India’s leading entertainment companies, has been engaged in the business of creation and acquisition of audio-visual content Less: Finance Cost 30.39 34.85 for music and monetization content library digitally in India and overseas Profit before Provision for Taxation 22,318.23 17,052.72 through licencing on various platforms.
In the report:
80out of 100
Equitytale Health Score
Fortress

Healthier than 80% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 1,201–2,858 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
48

At close. Not part of the score.

Profitability & returns98

How much profit it earns on the money it employs · highest in its sector on what we could measure

Balance sheet96

How much it owes, and whether earnings cover the interest

Cash quality73

Whether reported profit actually arrives as cash

Growth & consistency89

Whether sales and profit have grown, and how steadily

Valuation12

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 41% net margin
Sales up 21% vs last year
Promoters hold 64%
No promoter shares pledged
Strong 67% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in TIPSMUSIC?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹657 +0.31%
latest close · 2026-09-17
52-wk low ₹61242 sessions so far52-wk high ₹728
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio48.0High
LowAverageHigh
P/B ratio32.29High
Below bookModerateHigh
EV / EBITDA35.3High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity67.2%Strong
WeakFairStrong ▸15%
Return on capital88.1%Strong
WeakFairStrong
Net margin41.0%Strong
ThinDecentStrong
EBITDA margin55.7%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover556.8×Strong
RiskyOkayStrong ▸5×
Current ratio3.15Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹8,393 cr
Book value
₹20
EPS
₹3.42
latest quarter
Net debt
₹-7 cr
more cash than debt
Enterprise value
₹8,386 cr
EBITDA
₹237 cr
annualised
EBIT
₹234 cr
annualised
Operating margin
54.8%
Return on assets
48.3%
Earnings yield
2.08%
P/S
19.70
Sales / share
₹33.3
Tax rate
25.0%
Face value
₹1
Shares
12.8 cr
Working capital
₹209 cr
Current assets
₹306 cr
Current liabilities
₹97 cr
Delivery %
51.4%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹36₹48, midpoint ₹47

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹107 cr
Other Income₹6 cr
Total Income₹112 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹4 cr
Finance Costs₹10.5 L
Depreciation & Amortisation₹96.5 L
Other Expenses₹49 cr
Total Expenses₹54 cr
Profit before Tax₹58 cr
Tax Expense₹15 cr
Net Profit₹44 cr
Net margin on total income38.9%
Where the money goes · Q1 FY27
% of total income
Employee benefit expense₹4 cr3.6%
Finance costs₹10.5 L0.1%
Depreciation & amortisation₹96.5 L0.9%
Other expenses₹49 cr43.6%
Tax expense₹15 cr13.0%
Profit for the period₹44 cr38.9%
Total income ₹112 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue94 cr104 cr107 cr
Total income99 cr108 cr112 cr
Expenses20 cr28 cr54 cr
Profit before tax79 cr80 cr58 cr
Tax20 cr21 cr15 cr
Net profit (owners' share)59 cr59 cr44 cr
Net margin (owners' share, on revenue)62.2%56.8%41.0%
EPS (₹)4.594.623.42
YoY (latest quarter): total income +19.8% · net profit -4.7%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹362 cr
Shareholder equity
₹260 cr
parent shareholders
Total debt
₹0 cr
Cash
₹7 cr
Cash flow · H1 FY26
Operating
₹46 cr
Investing
₹-24 cr
Financing
₹-52 cr
Peer comparison
Media & Entertainment · by market value
CompanyPriceMarket capP/E
Prime Focus Limited₹335₹26,009 cr
Saregama India Limited₹489₹9,433 cr45.5
Tips Music Limitedthis company₹657₹8,393 cr48.0
Network18 Media & Investments Limited₹26₹4,049 cr
Balaji Telefilms Limited₹96₹1,170 cr13.0
Entertainment Network (India) Limited₹101₹481 cr
Shemaroo Entertainment Limited₹116₹332 cr
Music Broadcast Limited₹6₹209 cr5.6
Next Mediaworks Limited₹4₹26 cr0.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.37%
trailing 12 months
Dividend / share (TTM)
₹9
Last dividend
₹5
ex 23 Jan 2026
ActionDetailEx-date
Dividend₹5 / share23 Jan 2026
Dividend₹4 / share20 Oct 2025
Dividend₹4 / share5 Aug 2025
Dividend₹3 / share28 Jan 2025
Dividend₹2 / share24 Oct 2024
Dividend₹2 / share1 Aug 2024
Who owns it · 2026-06-30
No pledge
Promoter
64.2%
FII / Foreign
8.0%
DII / Domestic
5.4%
Retail / others
22.5%
Promoter stake down 10.8% over the last 12 quarters.
Smart-money activity
Insider trades
SoldShyam Lakhani · Promoters25,000 · ₹1.4 cr1 Sep 25
BoughtKrsna Girish Taurani · Promoter Group25,000 · ₹1.5 cr1 Sep 25
SoldSunil Chellani · -5,00031 Dec 24
Bulk / block deals
short · NSE124 Jul 26
short · NSE102 Jul 26
short · NSE815 May 26
Stake changes
BothShyam Lakhani · promoter→ 0.07% · 25,0001 Sep 25
BothKrsna Girish Taurani · promoter→ 0.02% · 25,0001 Sep 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 31 Aug 2026
See the official result
1
Adoption of Audited Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
1.73 cr votes for, 76 against · 0% of mutual funds and other big investors said no
2
Confirmation the payment of three interim dividends for the financial year ended March 31, 2026
Backed by 100% of shareholders other than promotersneeded 50%
1.76 cr votes for, 67 against · 0% of mutual funds and other big investors said no
3
Re-appointment of Mr. Ramesh Taurani (DIN: 00010130), who retires by rotation and being eligible, offers himself for re-appointment
Backed by 92% of shareholders other than promotersneeded 50%
1.62 cr votes for, 14.50 L against · 11% of mutual funds and other big investors said no
4
Approval of Material Related Party Transactions with Tips Films Limited
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
1.76 cr votes for, 1,327 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 11 named members
owning 64.1% between them · as of 2026-06-30
Kumar S Taurani15.80%
Ramesh S Taurani15.76%
Renu Kumar Taurani6.93%
Kunal Kumar Taurani4.65%
Varsha R Taurani4.65%
Jaya Ramesh Taurani3.87%
Raveena R Taurani3.87%
Sneha Ramesh Taurani3.87%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.