Tips Music Hits the Right Notes: Stock Soars After Q4 FY26 Net Jumps 93%

Mumbai, April 23: Music label Tips Music Ltd (previously known as Tips Industries) closed FY26 on a strong note, registering a net profit of ₹5,905.69 lakh for the quarter ended March 31, 2026, as against ₹3,061.13 lakh during the same quarter last year, up nearly 93%. Income from operations grew 32% on a year-on-year basis while total expenses plunged, driven by lower content acquisition and in-house music production costs.

Revenue from Ops

Revenue from operations stood at ₹10,393.30 lakh for Q4 FY26 compared to ₹7,848.95 lakh in Q4 FY25 while total income was ₹10,771.47 lakhs (including other income of ₹378.17 lakh) versus ₹8,315.13 lakh in the year-ago quarter.

Total Expenses

Total expenses were ₹2,766.95 lakh for Q4 FY26 against ₹4,183.40 lakh in the corresponding period of the previous year — a sharp decrease as mentioned above on account of significantly lower content acquisition and in-house music production costs (down to ₹865.06 lakhs from ₹2,499.39 lakh year-on-year).

Annual Figures

On a yearly basis, net profit was ₹21,674.54 lakh for FY26 as against ₹16,656.15 lakh in FY25, an increase of around 30% due to healthy streaming revenues and better cost controls. Revenues from operations grew 21% year-on-year to ₹37,551.49 lakh from ₹31,068.73 lakh in FY25 while total income was ₹39,429.32 lakh versus ₹32,967.96 lakh in FY25. Earnings per share for FY26 were ₹16.96 compared to ₹13.02 in FY25.

Total expenses for the year were ₹10,242.03 lakh versus ₹10,649.73 lakh in FY25 — down year-on-year despite higher revenues due mainly to the points mentioned earlier. The board declared three interim dividends of ₹4, ₹4 and ₹5 per equity share respectively for Q1, Q2 and Q3 of FY26. Total dividend paid during the year was ₹16,618.10 lakh. There were no exceptional items or bonus shares issued during the year.

Stock Movement Today

Shares of Tips Music hit the boards at around ₹600 — not far off its last close of ₹599.70. But while the broader market gained steam quickly after the opening bell, Tips Music struggled to move higher for much of the day — stuck in a ₹594-₹607 range from market open until about 1: 30 pm, when the shares jumped to around ₹596 shortly after the company announced that its board had met at 1:50 PM.

Results were shortly thereafter released and traded on the exchanges. From this point forward it was game on: the stock took off, blasting from ₹596 to an intraday high of around ₹654 in minutes, for a gain of over 9% intraday. Shares last traded at ₹655, up ₹55.40 or 9.24% from the previous close of ₹599.60, and closed around ₹647.70, up 8.02% for the day.

Weekly Chart

Over the last five trading sessions, the stock opened around ₹576 on April 16, fell to a weekly low of about ₹570 on April 20, then bounced back to ₹601 on April 21 and stayed bid through April 22. Thursday’s post-results breakout through ₹655 brought the weekly gain to about 14%, handily beating the Nifty Media index’s 4.88% rise over the same period. Buy and sell volumes paint the picture: 28,952 shares on the buy side of the order book, none on the sell side. Book scanned across all five levels of asks (prices people are willing to sell at) — and the sellers dipped: no trades, folks, sellers absolutely ghosted as the buyers kept bidding.

Order Book

The order book on Thursday reflected the overwhelming one-sidedness of the day’s sentiment. The entire visible bid side showed 28,952 shares queued at ₹647.70, with the sell side showing no offers at all — a staggering 100% buy composition with zero sell quantity registered. The total order quantity stood at 28,952 shares on the buy side alone, with the ask column returning a dash across all five levels. It was a market where sellers had simply stepped away, and buyers were left bidding into thin air — a fitting coda to a results day that left little doubt about which way the Street had voted.