TickerSutra

NSE: TIPSMUSIC · BSE: 532375 · ISIN INE716B01029

Tips Music Limited stock analysis

Tips Music Limited ranks #60 in the TickerSutra evidence-ranked universe with a score of 75/100 and 95% data confidence. The latest captured fundamentals show ROCE of 118.5%, quarterly sales growth of 20.9% and quarterly profit growth of -4.7%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE75/100

Watchlist candidate

#60 of 5,430 ranked equities
Market capitalisation₹8,251.55cr
ROCE118.5%
Quarterly sales growth20.9%
Quarterly profit growth-4.7%
P/E ratio38.5×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • ROCE is 118.5%
  • Low debt/equity of 0.02×
  • 26.2% three-year sales CAGR
  • Institutional ownership is rising
  • No promoter shares are reported as pledged

Risks and constraints

  • No calculated threshold risk in the current snapshot.

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹136cr₹86cr₹65cr64.0%
2023₹187cr₹102cr₹77cr55.0%
2024₹242cr₹158cr₹127cr66.0%
2025₹311cr₹207cr₹167cr67.0%
2026₹376cr₹276cr₹217cr73.0%
TTM₹394cr₹273cr₹215cr69.0%
Debt / equity0.02×
CFO / EBITDA0.71×
Operating margin69.0%
Free cash flow₹191cr
Sales CAGR · 3Y26.2%
Profit CAGR · 3Y41.3%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

1 positive catalysts0 negative catalysts10 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Regulatory updatesModerate severity · 21 mentions
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ACKNOWLEDGMENTS The Directors wish to place on record their sincere appreciation for the dedicated efforts and consistent contribution made by the employees at all levels, to ensure that the Company continues to grow and excel. The Directors wish to express their sincere appreciation and thanks to all the members, regulatory authorities, financial institutions, bankers, vendors and other business associates for their

Regulatory approvalLow severity · 5 mentions
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Requisite details relating to the Buyback are given below. Date of the Board meeting at which the proposal for buyback was approved by the Board of Directors of the company The proposal for buyback was approved at the Board meeting held on August 5, 2026. Necessity for the Buyback The Buyback is being proposed by the Company to service the equity more efficiently.

Institutional interestLow severity · 3 mentions
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RESOLVED FURTHER THAT as required by Regulation 16(ii) of the Buyback Regulations, the Company shall not Buyback shares from the promoters, members of the promoter group and person in control of the Company and in accordance with Regulation 24(i)(ea) of the Buyback Regulations, the equity shares held by the promoters, members of the promoter group, including their associates, shall remain frozen at the International

Export market updatesLow severity · 1 mention
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Just one last question from my side. Just wanted to understand, like a lot of large players in this industry are getting entered from the international market. They would have ample amount of money to spend or to acquire songs.

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

DIRECTOR & BUSINESS NETWORK

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