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Tips Music (TIPSMUSIC) investor relations material
Tips Music Q2 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Revenue for Q2 FY26 grew 11% year-over-year to ₹89.22 Cr, with H1 FY26 revenue up 15% to ₹177.3 Cr compared to H1 FY25.
Operating EBITDA margin improved to 76% in Q2 FY26 from 73.8% in Q2 FY25.
PAT for Q2 FY26 increased 11% year-over-year to ₹53 Cr, with H1 FY26 PAT up 8% to ₹99.4 Cr.
Unaudited financial results for the quarter and half year ended September 30, 2025, were approved and reviewed with an unmodified conclusion by statutory auditors.
Board declared a second interim dividend of ₹4 per share for FY26.
Financial highlights
Q2 FY26 revenue: ₹89.22 Cr, up 11% year-over-year; H1 FY26 revenue: ₹177.3 Cr, up 15%.
Q2 operating EBITDA: ₹67.9 Cr, up 14% year-over-year; margin at 76%.
Q2 PAT: ₹53 Cr, up 11% year-over-year; H1 PAT: ₹99.4 Cr, up 8%.
Earnings per share for the quarter were ₹4.16, compared to ₹3.77 last year.
Five-year revenue CAGR of 31%, with FY25 revenue at ₹310.7 Cr and PAT at ₹166.6 Cr.
Outlook and guidance
Management reiterates 20% top-line and bottom-line growth guidance for FY26.
Strong content pipeline with frequent non-film song releases and several film projects in the pipeline.
Confident of achieving required growth in H2, driven by new releases and digital monetization.
Interim dividend to be paid on or before November 12, 2025, reflecting confidence in ongoing performance.
Industry subscription revenue is growing at 40-50% CAGR, with paid subscribers expected to more than double in three years.
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