Tips Music (TIPSMUSIC) investor relations material

Executive summary

• Q1 FY 2027 revenue grew 21% year-over-year to ₹106.51 crore, with PAT at ₹43.89 crore, down 4% year-over-year.

• 73 songs were released in the quarter, including 55 film and 18 non-film songs, with key albums achieving significant traction on YouTube and Spotify.

• The company’s YouTube subscriber base reached 158.3 million, reflecting strong digital engagement.

• The company remains debt-free with ₹345 crore in cash and investments as of June 30.

• Unaudited financial results for the quarter ended June 30, 2026, were approved by the Board and reviewed by the Audit Committee, with an unmodified conclusion from the statutory auditors.

Financial highlights

• Q1 FY 2027 revenue was ₹106.51 crore (+21% YoY); PAT was ₹43.89 crore (-4% YoY); EBITDA margin for the quarter was 50.3%.

• Content cost rose by 90% year-over-year due to new releases, with the entire cost expensed in the quarter.

• Total expenses for Q1 FY27 were ₹5,403.44 lakhs, up from ₹3,222.48 lakhs in Q1 FY26.

• Earnings per share (basic and diluted) for Q1 FY27 were ₹3.42, compared to ₹3.59 in Q1 FY26.

• Cash balance as of June 30 was approximately ₹345 crore.

Outlook and guidance

• Revenue and PAT guidance maintained at 20% growth for FY 2027.

• Content acquisition cost for the year expected in the range of ₹90-100 crore, with a long-term target of 20%-25% of revenue.

• EBITDA margin expected to normalize to 65%-70% on an annual basis, despite quarterly fluctuations.

• Buyback decision deferred to August 5 to evaluate open market and tender offer options.

• Monetization of shorts and public performance rights expected to drive future revenue.