Tips Music Limited

Media Entertainment & Publication · Entertainment

NSE: TIPSMUSIC BSE: 532375

₹639.10

Oct. 5, 2026 · NSE · nse_bhavcopy

Peers in Entertainment

The largest companies in the same industry by market cap. This company ranks #6 of 60. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Sun TV Network Limited	24,703	16.7	11.4%	8.3%	1.99%	68	79	77
Prime Focus Limited	22,180	—	11.8%	62.8%	—	18	0	50
Nazara Technologies Limited	14,293	—	2.3%	38.2%	—	41	38	91
PVR INOX Limited	12,092	32.6	4.5%	11.0%	—	36	65	50
Saregama India Limited	9,585	42.0	12.1%	6.7%	—	86	2	68
Tips Music Limited (this stock)	8,170	38.1	77.5%	12.5%	1.41%	91	33	67
Zee Entertainment Enterprises Limited	7,067	124.7	3.3%	-34.8%	—	27	50	59
Network18 Media & Investments Limited	3,923	—	3.1%	-51.1%	—	22	100	12

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹8,163 Cr

EV / EBITDA

28.0x

EV / Sales

20.72x

Market cap / Sales

20.74x

Earnings yield

2.63%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 112 Cr, up 19.8% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	107	58	44	₹3.4200
March 31, 2026	104	80	59	₹4.6200
Dec. 31, 2025	94	79	59	₹4.5900
Sept. 30, 2025	89	72	53	₹4.1600
June 30, 2025	88	62	46	₹3.5900
March 31, 2025	78	41	31	₹0.0000
Dec. 31, 2024	78	59	44	₹3.4600
Sept. 30, 2024	81	64	48	₹3.7700
June 30, 2024	74	58	44	₹3.4000
March 31, 2024	63	35	26	₹2.0100
Dec. 31, 2023	65	46	35	₹2.7000
Sept. 30, 2023	61	53	40	₹3.0900
June 30, 2023	53	36	27	₹2.1100

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	112	108	99	94	94	83	82	86	79	69	68	64	55
Operating revenue	107	104	94	89	88	78	78	81	74	63	65	61	53
Other income	6	4	5	5	6	5	4	6	5	5	3	4	2
Operating expenses	53	27	20	21	32	41	22	21	20	33	21	11	18
Operating profit	54	77	75	68	57	37	56	59	54	30	43	50	35
Operating profit margin	50.3%	74.0%	79.0%	76.0%	64.2%	47.5%	71.6%	73.8%	73.6%	47.7%	67.0%	81.9%	66.5%
Depreciation	1	1	1	1	1	1	1	1	1	1	0	0	1
Interest	0	0	0	0	0	0	0	0	0	0	0	0	0
Exceptional items, gain / (loss)	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit before tax	58	80	79	72	62	41	59	64	58	35	46	53	36
Tax	15	21	20	18	16	11	15	16	15	9	12	13	9
Net profit	44	59	59	53	—	31	44	48	44	26	35	40	27
EPS	3.42	4.62	4.59	4.16	3.59	0.00	3.46	3.77	3.40	2.01	2.70	3.09	2.11
Net profit (TTM)	215	—	—	—	—	167	162	152	144	127	120	105	86
EPS (TTM)	16.79	16.96	12.34	11.21	10.82	10.63	12.64	11.88	11.20	9.91	9.32	22.19	35.16

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	376	292	217
March 31, 2025	311	223	167
March 31, 2024	242	171	127
March 31, 2023	187	106	77

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	27.1%	32.8%	394^†	330^†	256^†	192^†	207^†	95^†	109^†	208^†	50^†	66^†
Operating revenue	26.2%	32.9%	376	311	242	187	202^†	91^†	91^†	203^†	47^†	47^†
Other income	—	—	19^†	19^†	14^†	5^†	4^†	5^†	18^†	4^†	2^†	19^†
Operating expenses	—	—	100^†	104^†	83^†	85^†	—	35^†	92^†	55^†	20^†	42^†
Operating profit	39.4%	38.0%	276^†	207^†	158^†	102^†	—	55^†	-1^†	149^†	27^†	5^†
Operating profit margin	—	—	73.4%^†	66.5%^†	65.6%^†	54.6%^†	—	60.9%^†	-1.0%^†	73.1%^†	57.0%^†	10.2%^†
Depreciation	—	—	3^†	2^†	2^†	1^†	1^†	1^†	2^†	144^†	19^†	1^†
Interest	—	—	0^†	0^†	0^†	0^†	—	0^†	1^†	2^†	7^†	10^†
Exceptional items, gain / (loss)	—	—	0^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†
Profit before tax	40.3%	37.6%	292	223	171	106	96^†	59^†	14^†	7^†	4^†	4^†
Tax	—	—	75^†	57^†	43^†	29^†	24^†	16^†	3^†	4^†	1^†	1^†
Net profit	41.5%	37.9%	217	167	127	77	71^†	43^†	11^†	3^†	3^†	3^†
EPS	-28.4%	-12.7%	16.96^†	10.63^†	9.91^†	46.30^†	55.09^†	33.41^†	7.92^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	73.4%^†	66.5%^†	65.6%^†	54.6%^†	—	60.9%^†	-1.0%^†	73.1%^†	57.0%^†	10.2%^†
EBIT margin	77.8%^†	71.9%^†	70.7%^†	56.7%^†	—	65.4%^†	16.5%^†	4.6%^†	22.4%^†	31.0%^†
PBT margin	77.7%	71.8%	70.6%	56.6%	47.2%^†	65.4%^†	15.8%^†	3.6%^†	8.5%^†	9.2%^†
Net margin	57.7%	53.6%	52.6%	41.0%	35.3%^†	48.0%^†	12.5%^†	1.4%^†	6.6%^†	6.4%^†
Interest coverage	1461.83x^†	735.39x^†	490.32x^†	370.40x^†	—	2834.68x^†	23.56x^†	4.30x^†	1.61x^†	1.42x^†
Dividend payout	76.7%^†	65.9%^†	55.5%^†	4.3%^†	3.6%^†	4.5%^†	12.6%^†	—	—	—
Earnings retention	23.3%^†	34.1%^†	44.5%^†	95.7%^†	96.4%^†	95.5%^†	87.4%^†	—	—	—
Current ratio	3.15x	2.75x	—	—	—	—	—	—	—	—
Quick ratio	3.15x	2.75x	—	—	—	—	—	—	—	—
Debt to equity	0.00x	0.00x	—	—	—	—	—	—	—	—
Return on equity	83.4%	79.5%	—	—	—	—	—	—	—	—
Return on assets	59.9%	49.1%	—	—	—	—	—	—	—	—
Return on capital employed	110.2%^†	97.1%^†	—	—	—	—	—	—	—	—
Asset turnover	1.04x	0.92x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	197	-63	-168	6	191
March 31, 2025	120	11	-139	2	119
March 31, 2024	233	-111	-85	3	230
March 31, 2023	82	-49	-43	1	82
March 31, 2022	29	-27	-3	0	29

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	362	260	247	0	0	306	97	7	14	0
March 31, 2025	339	210	197	0	0	301	109	41	6	0
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.