Tips Music Ltd Share Price ₹640 | P/E 38.3

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Tips Music Ltd

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	52	53	61	65	63	74	81	78	78	88	89	94	104
Expenses +	26	18	11	21	33	20	21	22	41	32	21	20	27
Operating Profit	26	35	50	43	30	54	59	56	37	57	68	75	77
OPM %	51%	67%	82%	67%	48%	74%	74%	72%	48%	64%	76%	79%	74%
Other Income +	2	2	4	3	5	5	6	4	5	6	5	5	4
Interest	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	0	1	0	0	0	1	1	1	1	1	1	1	1
Profit before tax	28	36	53	46	35	58	64	59	41	62	72	79	80
Tax %	34%	25%	25%	25%	26%	25%	25%	25%	26%	26%	26%	25%	26%
Net Profit +	18	27	40	35	26	44	48	44	31	46	53	59	59
EPS in Rs	1.43	2.11	3.09	2.70	2.01	3.41	3.77	3.46	2.39	3.59	4.16	4.59	4.62

Financials of Tips Music Ltd

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	102	68	47	47	203	91	91	136	187	242	311	376
Expenses +	87	53	50	38	197	93	35	49	85	83	104	100
Operating Profit	15	15	-3	10	6	-2	55	86	102	158	207	276
OPM %	15%	22%	-7%	20%	3%	-2%	61%	64%	55%	66%	67%	73%
Other Income +	1	3	19	2	4	18	5	3	5	14	19	19
Interest	12	13	10	7	2	0	0	0	0	0	0	0
Depreciation	2	2	1	1	1	1	1	1	1	2	2	2
Profit before tax	3	4	4	4	7	14	59	89	106	171	223	292
Tax %	18%	20%	31%	22%	61%	21%	27%	27%	28%	25%	25%	26%
Net Profit +	3	3	3	3	3	11	43	65	77	127	167	217
EPS in Rs	0.18	0.20	0.21	0.22	0.20	0.79	3.35	4.98	5.96	9.90	13.03	16.96
Dividend Payout %	57%	50%	48%	46%	50%	19%	4%	4%	8%	61%	54%	77%

Financials of Tips Music Ltd

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	15	15	14	14	14	14	13	13	13	13	13	13
Reserves	55	55	54	55	56	66	88	89	123	167	197	247
Borrowings +	106	89	64	36	8	2	0	0	4	5	3	5
Other Liabilities +	4	15	3	97	15	8	49	44	53	154	126	97
Total Liabilities	180	174	135	202	95	90	150	147	193	339	339	362
Fixed Assets +	28	26	25	23	15	15	15	7	5	8	7	14
CWIP	0	0	0	0	0	0	0	0	0	0	1	0
Investments	0	0	0	0	0	6	18	5	13	91	95	150
Other Assets +	153	148	111	179	79	70	117	135	174	240	237	198
Total Assets	180	174	135	202	95	90	150	147	193	339	339	362

Financials of Tips Music Ltd

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	37	30	33	43	25	31	43	29	81	233	120	197
Cash from Investing Activity +	3	1	0	0	9	-5	-14	-36	-48	-111	11	-63
Cash from Financing Activity +	-42	-40	-34	-39	-31	-9	-25	-3	-43	-85	-139	-168
Net Cash Flow	-2	-9	-1	5	3	17	5	-9	-11	37	-8	-34
Free Cash Flow	36	30	33	43	34	30	43	29	80	230	119	191
CFO/OP	235%	209%	-898%	449%	451%	-1,707%	102%	59%	110%	175%	87%	98%

Financials of Tips Music Ltd

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	11	72	46	69	19	73	61	48	40	40	32	33
Inventory Days
Days Payable
Cash Conversion Cycle	11	72	46	69	19	73	61	48	40	40	32	33
Working Capital Days	399	523	600	267	62	127	278	136	5	-46	64	192
ROCE %	8%	10%	10%	9%	8%	18%	64%	86%	87%	104%	109%	122%