Tips Music Limited Approves Audited Results and Re-appoints Internal Auditor for FY 2026-27
Tips Music Limited (formerly Tips Industries Limited) announced that its Board of Directors, during the meeting held on April 23, 2026, reviewed and approved the audited financial results for the quarter and full financial year ended March 31, 2026.At the board meeting, the company also approved the re-appointment of M/s. Maheshwari & Co, Chartered Accountants, as the Internal Auditor for the financial year 2026-2027, to conduct the revenue audit.
Financial Highlights for FY 2026
The audited financial results provide key insights into the company's performance for the year ended March 31, 2026, compared to the previous year, March 31, 2025.Statement of Profit and Loss
The financial performance showed notable figures across major revenue and expense categories.| Particulars | Mar 2026 (Audited) | Mar 2025 (Audited) |
|---|---|---|
| Revenue from operations | 9,428.93 | 7,878.95 |
| Other income | 378.77 | - |
| Total Income | 7,877.83 | 7,878.93 |
| Acquisition Cost/In-house Music production Cost | - | 5,277.77 |
| Royalty expenses | 227 | 706.71 |
| Advertisement and sales promotion | 227 | 1,388.34 |
| Employee benefits expense | 877 | 1,319.82 |
| Finance Costs | 4.01 | 30.39 |
| Depreciation and amortization expense | 250.08 | 279.00 |
| Total Expenses | 73 | 7,320.22 |
| Profit before tax | 7,497.00 | 5,668.87 |
| Tax Expenses | 7,000.00 | 4,963.87 |
| Net Profit | 497.00 | 62.27 |
| Comprehensive Income for the period | 2.33 | 15.65 |
Earning Per Share (Lakhs): The audited earning per share for the year ended March 31, 2026, was 37.557. For the year ended March 31, 2025, it was 31.068.73.
Balance Sheet Snapshot (As at March 31)
The company reported its total assets and equity structure for the financial year.| Particulars | As at March 31, 2026 (INR Lakhs) | As at March 31, 2025 (INR Lakhs) |
|---|---|---|
| Total Non Current Assets | 5,977.17 | 1,877.80 |
| Property, Plant and Equipment | 1,409.50 | 624.20 |
| Capital Work in Progress | 73.73 | 73.73 |
| Other Intangible Assets | 73.79 | 24.75 |
| Total Current Assets | 10,225.57 | 30,062.45 |
| TOTAL ASSETS | 36,202.74 | 31,940.28 |
| Total Equity | 25,675.30 | 20,954.16 |
| Total Non Current Liabilities | 513.53 | 2,051.22 |
| Total Current Liabilities | 9,693.81 | 10,932.90 |
| TOTAL EQUITY AND LIABILITIES | 36,202.74 | 33,940.28 |
Cash Flow Activity
In the Statement of Cash Flows, net cash flows from operating activities stood at 40.71 for the year ended March 31, 2026, compared to 22,378.23 in the corresponding year of the previous year.| Particulars | Year Ended March 31, 2026 (INR Lakhs) | Year Ended March 31, 2025 (INR Lakhs) |
|---|---|---|
| Net cash flows from operating activities | 17,938.47 | 22,378.23 |
| Net cash flows from investing activities | 19,699.48 | 22,022.71 |
| Net cash flows from financing activities | (13,850.68) | (183.14) |
| Increase / (decrease) in cash and cash equivalents | 177.20 | 4,081.09 |
The company's cash and cash equivalents at the end of the year amounted to 77.72, compared to 4,081.09 at the end of the previous year.
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Internal Audit Re-appointment:
M/s. Maheshwari & Co, Chartered Accountants, was re-appointed as the Internal Auditor of Tips Music Limited for the Financial Year 2026-2027. The firm, established in 1969, provides expertise across various services, including Direct & Indirect Taxation, Audit and Assurance, and Risk Advisory.
TIPSMUSIC Stock Price Movement
Shares of Tips Music Limited are gaining 1.47% as of 2:05 PM today, with the stock trading robustly near ₹608.40. The live market sees heavy interest, highlighted by 247,150 shares being traded in the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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