Tips Music Ltd

Tips Music Ltd gained for a third straight session today. The stock is quoting at Rs 672.75, up 3.06% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 1.15% on the day, quoting at 24528.2. The Sensex is at 80640.24, down 1.17%. Tips Music Ltd has risen around 1.86% in last one month. Meanwhile, Nifty Media index of which Tips Music Ltd is a constituent, has risen around 4.85% in last one month and is currently quoting at 1655.7, up 1.14% on the day. The volume in the stock stood at 2.11 lakh shares today, compared to the daily average of 2.09 lakh shares in last one month.The PE of the stock is 50.12 based on TTM earnings ending March 25.Powered by Capital Market - Live

On a standalone basis, Tips Music's net profit tumbled 31% to Rs 30.6 crore in Q4 FY25 as against Rs 44.2 crore in Q3 FY25. Revenue from operations rose 1% to Rs 78.5 crore in Q4 FY25 over Q3 FY25. PBT declined 30.11% to Rs 41.31 crore in Q4 FY25 over Q3 FY25. On a year-on-year basis, the company's consolidated net profit jumped 19%, while total income rallied 24% in Q4 FY25. PBT soared 18.29% YoY. Operating EBITDA stood at Rs 37.3 crore in Q4 FY25, registering growth of 24%, compared with Rs 30.2 crore recorded in the corresponding quarter last year. EBITDA margin reduced to 47.5% in Q4 FY25 as against 47.7% reported in Q4 FY24. Total expenses increased 24.27% YoY to Rs 418.34 crore in the fourth quarter of FY25. Employee benefit expenses were at Rs 45.86 crore (up 7.42% YoY), while advertising stood at Rs 38.65 crore (down 6.77% YoY) during the period under review. Content cost for the quarter amounted to Rs 29.9 crore, representing a slight increase of Rs 6 crore in Q4 FY24. In Q4 FY25, the company released 105 new songs, comprising 37 film songs and 68 non-film songs. The YouTube subscriber base continued its upward trajectory, reaching 117.1 million. For Q4FY25, YouTube views were 56.7 billion, up by 19% YoY. Kumar Taurani, chairman & managing director, said, I am pleased to report that the company has delivered a strong performance for FY2025. We achieved revenue of Rs 311 crore, representing a 29% increase y-o-y. Profit after tax (PAT) stood at Rs 167 crore, reflecting a y-o-y 31% growth. We distributed Rs 136 crore in FY2025 in the form of buybacks and dividends. Being able to reward our shareholders in this manner is a matter of immense pride for us. Girish Taurani, Executive Director, said, 'In Q4 FY25, we released a total of 105 songs, including 37 film songs and 68 non-film songs. The upward trend on YouTube persisted, with our subscriber count rising to 117.1 million. Two songs from the film 'Hari Hara Veera Mallu,' released during the quarter, crossed over 50 million views on YouTube. Our catalogue continues to perform well too. The song 'Taaron Ko Mohabbat Amber Se' from the Shaadi Karke Phas Gaya Yaar movie, which was released in 2006, became a viral sensation, generating over 9 million reels and 2 billion views on Instagram in Q4 FY25 alone. Another classic, 'Badal Gayi Duniya' from the movie Andolan, which was released in 1995, surpassed 100 million YouTube views in FY25. With strong audience engagement and momentum, we are gearing up for an exciting slate of releases in FY2026.' Hari Nair, chief executive officer, said, 'We are pleased to announce that the growth in our revenue has been across both digital and non-digital segments. In Q4, we announced an extension of our deal with Sony Music Publishing, adding YouTube as a platform for international publishing exploitation. Going ahead, we are committed to strong growth across platforms driven by our catalog and new content acquisition, from film and independent music.' Meanwhile, the company's board considered and approved the reappointment of Kumar Taurani as the chairman and managing director of the company for a period of 3 years, effective from 1 June 2025, along with the payment of remuneration, subject to the approval of shareholders of the company. Tips Industries is engaged in the acquisition and exploitation of music rights. Powered by Capital Market - Live

Net profit of Tips Music rose 18.83% to Rs 30.61 crore in the quarter ended March 2025 as against Rs 25.76 crore during the previous quarter ended March 2024. Sales rose 24.08% to Rs 78.49 crore in the quarter ended March 2025 as against Rs 63.26 crore during the previous quarter ended March 2024. For the full year,net profit rose 30.97% to Rs 166.56 crore in the year ended March 2025 as against Rs 127.17 crore during the previous year ended March 2024. Sales rose 28.61% to Rs 310.69 crore in the year ended March 2025 as against Rs 241.58 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales78.4963.26 24 310.69241.58 29 OPM %47.5047.69 -66.5365.60 - PBDT41.8735.42 18 225.38172.50 31 PBT41.3234.92 18 223.18170.53 31 NP30.6125.76 19 166.56127.17 31 Powered by Capital Market - Live

Tips Music will hold a meeting of the Board of Directors of the Company on 23 April 2025.Powered by Capital Market - Live

Tips Music Ltd is up for a third straight session in a row. The stock is quoting at Rs 641.45, up 3.6% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.51% on the day, quoting at 22451.5. The Sensex is at 74133.19, up 0.55%. Tips Music Ltd has dropped around 5.81% in last one month. Meanwhile, Nifty Media index of which Tips Music Ltd is a constituent, has dropped around 9.7% in last one month and is currently quoting at 1448.1, up 1.13% on the day. The volume in the stock stood at 1.59 lakh shares today, compared to the daily average of 2.87 lakh shares in last one month.The PE of the stock is 49.01 based on TTM earnings ending December 24.Powered by Capital Market - Live

Tips Music Ltd dropped for a fifth straight session today. The stock is quoting at Rs 573, down 5.31% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.84% on the day, quoting at 22131.1. The Sensex is at 73233.39, down 1.85%.Tips Music Ltd has lost around 9.18% in last one month.Meanwhile, Nifty Media index of which Tips Music Ltd is a constituent, has eased around 12.54% in last one month and is currently quoting at 1436.85, down 3.5% on the day. The volume in the stock stood at 2.29 lakh shares today, compared to the daily average of 2.7 lakh shares in last one month.The PE of the stock is 47.86 based on TTM earnings ending December 24.Powered by Capital Market - Live

Profit before tax stood at Rs 59.11 crore in the quarter ended 31 December 2024, up 27.53% as against Rs 46.35 crore recorded in Q3 FY24. Operating EBITDA stood at Rs 55.6 crore in Q3 FY25, registering the growth of 28% as compared with Rs 43.4 crore recorded in corresponding quarter last year. EBITDA margin improved to 71.6% in Q3 FY25 as against 67% reported in Q3 FY24. Total expenses increased 3.65% YoY to Rs 22.71 crore in the third quarter of FY25. Employee benefit expenses were at Rs 3.02 crore (up 16.15% YoY) while content cost stood at Rs 14.55 crore (down 1.15% YoY) during the period under review. In Q3 FY25, the company launched a total of 116 new songs, comprising 40 new film songs and 76 non-film songs. Additionally, the YouTube subscribers stood at 113 million. Meanwhile, the company's board has declared an interim dividend of Rs 3 per equity share and the record date is fixed as 28 January 2025. The dividend will be paid on or before 18 February 2025. Kumar Taurani, chairman & managing director, said, 'I am pleased to announce that the company has performed well. For Q3FY25, we achieved revenue of Rs 77.7 crore, up 20% year-on-year, with a PAT of Rs 44.2 crore, marking a 27% increase YoY. In line with our commitment to enhance shareholder value, the company has announced a 3rd interim dividend of Rs 3 per share.' Hari Nair, chief executive officer, said, 'We are seeing strong growth for our music across digital platforms. I am excited to announce our collaboration with TikTok, giving users worldwide access to Tips Music's diverse library, featuring Bollywood classics and regional hits. We partnered with Sterling Reserve and Bacardi's Legacy brand to launch our own music-IP called 'Take 2' and Roots,' respectively.' Tips Industries is engaged in the acquisition and exploitation of music rights. Shares of Tips Industries slipped 5.99% to Rs 638.35 on the BSE. Powered by Capital Market - Live

Tips Music has fixed 28 January 2025 as record date for third interim dividend of Rs 3 per equity share of face value of Re 1 for FY 2024-25. The dividend will be paid on or before 18 February 2025. Powered by Capital Market - Live

Net profit of Tips Music rose 27.65% to Rs 44.23 crore in the quarter ended December 2024 as against Rs 34.65 crore during the previous quarter ended December 2023. Sales rose 19.81% to Rs 77.67 crore in the quarter ended December 2024 as against Rs 64.83 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales77.6764.83 20 OPM %71.5666.98 - PBDT59.6646.79 28 PBT59.1146.35 28 NP44.2334.65 28 Powered by Capital Market - Live

Tips Music announced that the Board of Directors of the Company at its meeting held on 22 January 2025, inter alia, have recommended the Third Interim dividend of Rs 3 per equity Share (i.e. 300%) , subject to the approval of the shareholders.Powered by Capital Market - Live