Tips Music Ltd

TIPS MUSIC LIMITED, formerly known as Tips Industries Limited, will hold a board meeting on Wednesday, August 5, 2026, to consider and approve a proposal for the buyback of fully paid-up equity shares, according to a regulatory filing.

The board of Tips Music will be held on 05 August 2026 to consider and approve the proposal for buyback of fully paid-up equity shares of the company.

Tips Music will hold a meeting of the Board of Directors of the Company on 5 August 2026.

Net profit of Tips Music declined 4.67% to Rs 43.70 crore in the quarter ended June 2026 as against Rs 45.84 crore during the previous quarter ended June 2025. Sales rose 20.94% to Rs 106.51 crore in the quarter ended June 2026 as against Rs 88.07 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales106.5188.07 21 OPM %50.2764.18 - PBDT59.2662.15 -5 PBT58.3061.53 -5 NP43.7045.84 -5 Powered by Capital Market - Live

Revenue from operations rose 2.48% QoQ to Rs 106.51 crore in the quarter ended 30 June 2026. On a year-on-year basis, standalone net profit declined 4.66%, while revenue from operations increased 20.93% during the quarter. EBITDA declined 5% year-on-year to Rs 53.5 crore in Q1 FY27 from Rs 56.5 crore in the corresponding quarter last year. EBITDA margin narrowed to 50.3% from 64.2% a year earlier. Profit before tax (PBT) stood at Rs 58.30 crore in Q1 FY27, down 27.17% QoQ and 5.24% YoY. During the quarter, the company released 73 songs, including 55 film songs and 18 non-film songs. Among the notable releases, Chunnari Chunnari ' Let's Go and Tere Paas Main received strong audience response. Its YouTube subscriber base increased to 158.3 million. Kumar Taurani, chairman & managing director, said, 'In Q1 FY27, the company's revenue increased 21% over last year to reach Rs 106.5 crore. Our investment in content increased by 90%. The performance was supported by healthy contributions from both digital and non-digital segments. Reinforcing our commitment to enhancing shareholder value, the company has called for a separate board meeting to consider the buyback of shares.' Meanwhile, the company's board has deferred the proposal to consider a buyback of fully paid-up equity shares. The proposal will now be taken up at the board meeting scheduled for 5 August 2026. Founded in 1988 by Taurani Brothers, TIPS Music is one of India's leading publicly listed music companies. The company is engaged in the business of creation, acquisition and monetization of audio-video music content in India and overseas through digital licensing on various medium. Powered by Capital Market - Live

The board of Tips Music at its meeting held on 22 July 2026 has decided to defer the proposal for the buyback of fully paid-up equity shares of the company. The said proposal will be considered and approved at the meeting of the board of directors of the Company which is scheduled to be held on 05 August 2026.

The board will also consider and approve Q1 FY27 financial results at the same meeting. As of June 2026, the company's promoters held a 64.15% stake in Tips Music. Tips Music is engaged in the business of creation, acquisition and monetization of audio-video music content, in India and overseas, through digital licensing on various medium. The company's standalone net profit surged 92.91% to Rs 59.05 crore on 32.43% increase in revenue from operations to Rs 103.93 crore in Q4 FY26 over Q4 FY25. Powered by Capital Market - Live

Tips Music will hold a meeting of the Board of Directors of the Company on 22 July 2026.

Tips Music Ltd is up for a third straight session in a row. The stock is quoting at Rs 680.5, up 3.43% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.52% on the day, quoting at 24129.55. The Sensex is at 77320.29, up 0.52%. Tips Music Ltd has risen around 3.13% in last one month. Meanwhile, Nifty Media index of which Tips Music Ltd is a constituent, has risen around 6.33% in last one month and is currently quoting at 1509.05, up 0.11% on the day. The volume in the stock stood at 4.48 lakh shares today, compared to the daily average of 2.35 lakh shares in last one month.The PE of the stock is 38.7 based on TTM earnings ending March 26.

Tips Music Ltd is up for a third straight session today. The stock is quoting at Rs 675.85, up 1.61% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.73% on the day, quoting at 24072.7. The Sensex is at 77245.29, up 0.76%. Tips Music Ltd has gained around 36.89% in last one month. Meanwhile, Nifty Media index of which Tips Music Ltd is a constituent, has gained around 16.78% in last one month and is currently quoting at 1438.7, up 2.43% on the day. The volume in the stock stood at 6.11 lakh shares today, compared to the daily average of 8.63 lakh shares in last one month.The PE of the stock is 45.17 based on TTM earnings ending December 25.