Tips Music Ltd Share Price – NSE  / BSE

Entertainment, Small Cap

Tips Music Ltd rose for a third straight session today. The stock is quoting at Rs 737.5, up 4.5% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 1.63% on the day, quoting at 25377.6. The Sensex is at 82903.4, down 1.62%. Tips Music Ltd has dropped around 0.47% in last one month.

Meanwhile, Nifty Media index of which Tips Music Ltd is a constituent, has dropped around 4.22% in last one month and is currently quoting at 2172.75, down 0.9% on the day. The volume in the stock stood at 5.22 lakh shares today, compared to the daily average of 2.98 lakh shares in last one month.

The PE of the stock is 62.88 based on TTM earnings ending June 24.

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Tips Industries Ltd is up for a fifth straight session today. The stock is quoting at Rs 738.95, up 3.15% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.24% on the day, quoting at 24427.1. The Sensex is at 79938.07, up 0.29%. Tips Industries Ltd has gained around 29.37% in last one month.

Meanwhile, Nifty Media index of which Tips Industries Ltd is a constituent, has gained around 1.38% in last one month and is currently quoting at 2101.65, down 1.19% on the day. The volume in the stock stood at 6.59 lakh shares today, compared to the daily average of 6.49 lakh shares in last one month.

The PE of the stock is 63.5 based on TTM earnings ending June 24.

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Tips Industries Ltd gained for a third straight session today. The stock is quoting at Rs 677, up 4.73% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.12% on the day, quoting at 24269.55. The Sensex is at 79387.27, down 0.1%. Tips Industries Ltd has added around 43.13% in last one month.

Meanwhile, Nifty Media index of which Tips Industries Ltd is a constituent, has added around 1.73% in last one month and is currently quoting at 2058.95, up 1.15% on the day. The volume in the stock stood at 7.12 lakh shares today, compared to the daily average of 6.71 lakh shares in last one month.

The PE of the stock is 57.7 based on TTM earnings ending June 24.

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Revenue from operations increased 40% YoY to Rs 73.9 crore in Q1 FY25.

Profit before tax (PBT) stood at Rs 58.32 crore in Q1 FY25, up 60.44% as compared with Rs 36.35 crore in Q1 FY24.

Operating EBTDA stood at Rs 54.4 crore during the quarter, registering the growth of 55% as compared with Rs 35 crore posted in corresponding quarter last year. EBITDA margin stood at 73.6% during the quarter as against 66.6% posted in corresponding quarter last year.

The content cost for the quarter stood at Rs 12.7 crore compared to Rs 12.2 crore in Q1FY24, reflecting an increase of 4% compared to the previous year’s quarter.

Kumar Taurani, chairman & managing director, said, “I am delighted to share with you that the Q1 FY2025 has been remarkable for us. Our revenue for the Quarter stood at Rs 73.9 crore up by 40% YoY with a PAT of Rs 43.6 crore increasing by 61% YoY. This demonstrates our commitment to growing and improving our business. In Q1 FY25, we released around 97 new songs out of which, 18 were new Film songs and 79 Non-Film songs. Our primary focus is always on quality music. We have successfully completed the buyback of shares amounting to Rs 46.62 crores inclusive of all taxes for non-promoter shareholders. We remain committed to returning value to our shareholders.”

Hari Nair , chief executive officer, said, “Our music is experiencing solid growth across all digital platforms, with YouTube, Spotify, and Jio Saavn being key drivers for both new releases and our catalogue.”

Mumbai-based Tips Industries is an Indian music record label and film production, film promotion and film distribution company.

The counter hit 52-week high at Rs 617.90 in intraday today.

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