Tips Music Limited — PPTs, 19-01-2026: Investor Presentation

Tips Music has reported strong financial results for the quarter and nine months ended December 31, 2025.

**Business Performance:** Q3FY26 revenue grew 21% year-on-year to ₹94.3 Cr, with profit after tax (PAT) up 33% to ₹58.7 Cr. Operating EBITDA margins were robust at 79.0%. For 9MFY26, revenue increased 17% to ₹271.6 Cr and PAT rose 16% to ₹157.7 Cr. The company maintains a debt-free status with ₹303 Cr in cash and investments, with 75% of revenue from digital platforms.

**Growth Drivers:** Key strategies include expanding market share and listenership through consistent content additions, leveraging the subscription wave in music streaming, and the booming digital advertising market in India.

**Recent Developments:** The company added 108 new songs in Q3FY26 and returned ₹166.18 Cr to shareholders via dividends for 9MFY26, including a ₹5 per share interim dividend for Q3FY26.

**Key Financial Metrics:** Q3FY26 EPS was ₹4.6, with 9MFY26 EPS at ₹12.3. Annual Revenue for FY25 grew at a 31% CAGR (FY21-FY25) to ₹310.7 Cr.

**Outlook:** Management sees significant monetization potential from increased music subscriptions, short-form video content, stronger public performance rights, and the evolving AI royalty landscape. India’s digital ad market remains a major growth engine.