Tips Music Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Tips Music reported Q1 FY'27 revenue of INR106.51 crores, up 21% year-on-year, while profit after tax declined 4% to INR43.89 crores due to a 90% increase in content costs from new film releases. Management said content costs were expensed upfront while corresponding revenue only started from mid-May, and reiterated a full-year content budget of INR90-100 crores. The company also announced a Board meeting on August 5, 2026 to evaluate open-market buyback alongside tender offer options.
Tips Music reported Q4 FY26 revenue of INR103.9 crores, up 32% YoY, with operating EBITDA up 106% YoY and PAT up 93% YoY to INR59 crores. For the full year FY26, revenue grew 21% to INR375.5 crores and PAT grew 30% to INR216.6 crores. Management attributed the quarter's strength to the performance of its catalogue and repertoire, and discussed plans for two upcoming film releases and content spend for FY27.