TIPS MUSIC LIMITED (Formerly known as Tips Industries Limited) — Quarter ended March 31, 2026 and year ended March 31, 2026
| Sr No. | Particulars | Quarter Ended Mar 31, 2026 Refer Note 5 | Quarter Ended Dec 31, 2025 Unaudited | Quarter Ended Mar 31, 2025 Refer Note 5 | Year Ended Mar 31, 2026 Audited | Year Ended Mar 31, 2025 Audited |
|---|---|---|---|---|---|---|
| 1 | Income | |||||
| a) Revenue from operations | 10,393.30 | 9,428.93 | 7,848.95 | 37,551.49 | 31,068.73 | |
| b) Other Income | 378.17 | 480.33 | 466.18 | 1,877.83 | 1,899.23 | |
| Total Income | 10,771.47 | 9,909.26 | 8,315.13 | 39,429.32 | 32,967.96 | |
| 2 | Expenses | |||||
| a) Acquisition Cost/In-house Music Production Cost* | 865.06 | 458.00 | 2,499.39 | 3,848.40 | 5,277.77 | |
| b) Royalty expenses | 221.41 | 121.82 | 106.71 | 585.47 | 433.83 | |
| c) Advertisement and sales promotion | 271.83 | 309.90 | 386.50 | 1,489.87 | 1,388.34 | |
| d) Employee benefits expense | 817.70 | 565.06 | 458.66 | 2,033.16 | 1,319.82 | |
| e) Finance Costs | 4.01 | 4.68 | 6.58 | 19.98 | 30.39 | |
| f) Depreciation and amortization expense | 61.29 | 64.91 | 55.28 | 250.08 | 219.57 | |
| g) Other expenses | 525.65 | 522.54 | 670.28 | 2,015.07 | 1,980.01 | |
| Total Expenses | 2,766.95 | 2,046.91 | 4,183.40 | 10,242.03 | 10,649.73 | |
| 3 | Profit before tax (1-2) | 8,004.52 | 7,862.35 | 4,131.73 | 29,187.29 | 22,318.23 |
| 4 | Tax Expenses | |||||
| a) Current tax | 2,136.29 | 2,033.62 | 1,129.89 | 7,497.14 | 5,668.87 | |
| b) Current tax for earlier periods | 49.63 | – | – | 49.63 | (11.44) | |
| c) Deferred tax | (87.09) | (37.03) | (59.29) | (34.02) | 4.65 | |
| Total Tax Expenses | 2,098.83 | 1,996.59 | 1,070.60 | 7,512.75 | 5,662.08 | |
| 5 | Net Profit for the period / year (3 – 4) | 5,905.69 | 5,865.76 | 3,061.13 | 21,674.54 | 16,656.15 |
| 6 | Other Comprehensive Income / (Loss) (net of taxes) | |||||
| a) Items that will not be reclassified to statement of profit and loss (net of tax) | (1.89) | (0.58) | 2.33 | (15.30) | 15.66 | |
| b) Items that will be reclassified subsequently to the statement of profit and loss (net of tax) | – | – | – | – | – | |
| Total Other Comprehensive Income / (Loss) (net of taxes) | (1.89) | (0.58) | 2.33 | (15.30) | 15.66 | |
| 7 | Total Comprehensive Income for the period / year (5 + 6) | 5,903.80 | 5,865.18 | 3,063.46 | 21,659.24 | 16,671.81 |
| 8 | Paid up Equity Share Capital (Face value of Re. 1/- each, fully paid) | 1,278.32 | 1,278.32 | 1,278.32 | 1,278.32 | 1,278.32 |
| 9 | Other Equity | 24,716.98 | 19,675.84 | |||
| 10 | Earnings Per Share (Face value of Re. 1/- each, fully paid) (Not annualised for interim period) | |||||
| a) Basic (Rs.) | 4.62 | 4.59 | 2.39 | 16.96 | 13.02 | |
| b) Diluted (Rs.) | 4.62 | 4.59 | 2.39 | 16.96 | 13.02 |
| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| ASSETS | ||
| Non-current assets | ||
| (a) Property, Plant and Equipment | 1,409.50 | 624.21 |
| (b) Capital Work in Progress | – | 73.13 |
| (c) Other Intangible Assets | 13.79 | 24.15 |
| (d) Investment Properties | 7.77 | 9.44 |
| (e) Financial Assets | ||
| (i) Loans | 12.21 | – |
| (ii) Other financial assets | 2,672.90 | 2,111.07 |
| (f) Income Tax Assets (Net) | 326.96 | 416.60 |
| (g) Deferred Tax Assets (Net) | 85.11 | 45.95 |
| (h) Other non current assets | 1,448.93 | 573.28 |
| Total non current assets | 5,977.17 | 3,877.83 |
| Current assets | ||
| (a) Financial assets | ||
| (i) Investments | 14,988.05 | 9,548.79 |
| (ii) Trade receivables | 3,434.15 | 2,748.17 |
| (iii) Cash and cash equivalents | 717.72 | 4,081.09 |
| (iv) Bank balances other than Cash and cash equivalents | 83.47 | 39.74 |
| (v) Loans | 18.65 | 7.85 |
| (vi) Other financial assets | 8,366.65 | 11,687.64 |
| (b) Other current assets | 2,616.88 | 1,949.17 |
| Total current assets | 30,225.57 | 30,062.45 |
| TOTAL ASSETS | 36,202.74 | 33,940.28 |
| EQUITY AND LIABILITIES | ||
| Equity | ||
| (a) Equity Share Capital | 1,278.32 | 1,278.32 |
| (b) Other equity | 24,716.98 | 19,675.84 |
| Total equity | 25,995.30 | 20,954.16 |
| Non current Liabilities | ||
| (a) Financial Liabilities | ||
| (i) Lease Liabilities | 378.80 | 202.82 |
| (b) Provisions | 134.83 | 60.65 |
| (c) Other non current liabilities | – | 1,789.75 |
| Total non current liabilities | 513.63 | 2,053.22 |
| Current liabilities | ||
| (a) Financial Liabilities | ||
| (i) Trade payables | ||
| (a) Total outstanding dues of micro enterprises and small enterprises | 131.21 | 28.70 |
| (b) Total outstanding dues of creditors other than micro enterprises and small enterprises | 1,189.20 | 1,906.94 |
| (ii) Lease Liabilities | 131.15 | 142.26 |
| (iii) Other financial liabilities | 572.18 | 244.12 |
| (b) Other current liabilities | 7,431.33 | 8,577.09 |
| (c) Provisions | 25.27 | 1.62 |
| (d) Current tax liabilities (Net) | 213.47 | 32.17 |
| Total current liabilities | 9,693.81 | 10,932.90 |
| TOTAL EQUITY AND LIABILITIES | 36,202.74 | 33,940.28 |
| Particulars | For the year ended March 31, 2026 (Audited) | For the year ended March 31, 2025 (Audited) |
|---|---|---|
| Cash flow from operating activities | ||
| Profit before tax | 29,187.29 | 22,318.23 |
| Adjustments for: | ||
| Depreciation and amortisation expense | 250.08 | 219.57 |
| Bad Debts written off and allowances for bad and doubtful debts | 121.67 | 286.67 |
| Finance cost | 19.98 | 30.39 |
| Gain on Derecognition of Leases (Net) | – | (2.79) |
| (Profit) / Loss on sale of Property, Plant and Equipment and Investment Properties | (47.64) | – |
| Non-cash expenses adjustment for Gratuity | 126.72 | 27.14 |
| Interest income | (903.71) | (1,146.82) |
| Investment Income | (872.15) | (717.66) |
| Operating Profit before Working Capital changes | 27,882.24 | 21,014.73 |
| Changes in Working Capital | ||
| (Increase) in trade receivables | (685.98) | (3.66) |
| Decrease in financial assets | 4,716.09 | 36.92 |
| (Increase) in other assets | (1,686.09) | (307.72) |
| (Decrease) / increase in trade payables | (594.17) | 467.18 |
| (Decrease) in provisions | (49.33) | (10.79) |
| (Decrease) in other liabilities | (2,935.51) | (3,298.90) |
| Increase in financial liabilities | 328.06 | 40.71 |
| Cash generated from operations | 26,975.31 | 17,938.47 |
| Direct Taxes Paid (Net of Refund) | (7,275.83) | (5,915.76) |
| Net cash flows from operating activities [A] | 19,699.48 | 12,022.71 |
| Cash flows from investing activities | ||
| (Purchase) of Property, Plant and Equipment and Intangible Assets | (638.70) | (153.59) |
| Proceeds from Sale of Property, Plant and Equipment and Intangible Assets | 18.88 | – |
| Proceeds from Sale of Investment Properties | 29.00 | – |
| (Investment) in Mutual Funds | (22,543.88) | (13,674.32) |
| Redemption of Mutual Funds | 18,269.91 | 13,866.80 |
| (Purchase) of other current investments | (490.99) | (197.86) |
| Proceeds from Sale of other current investments | 197.86 | 302.21 |
| Proceeds from / (investments in) deposits other than cash and cash equivalents (Net) | (2,279.06) | 138.40 |
| Interest Received | 1,159.10 | 775.13 |
| Net cash flows from / (used in) investing activities [B] | (6,277.88) | 1,056.77 |
| Cash flow from financing activities | ||
| Lease liabilities Paid | (166.87) | (183.14) |
| Buyback of shares (including tax on Buyback / net of Buyback expenses) | – | (4,719.33) |
| Dividend paid (including tax on dividend) | (16,618.10) | (8,948.21) |
| Net cash flows (used in) financing activities [C] | (16,784.97) | (13,850.68) |
| Net increase / (decrease) in cash and cash equivalents [A + B + C] | (3,363.37) | (771.20) |
| Cash and cash equivalents at the beginning of the year | 4,081.09 | 4,852.29 |
| Cash and cash equivalents at the end of the year | 717.72 | 4,081.09 |
| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| In Current Account | 714.52 | 2,480.48 |
| Cash in Hand | 3.20 | 1.61 |
| In Fixed Deposit | – | 1,599.00 |
| Cash and cash equivalents at the end of the year | 717.72 | 4,081.09 |