Tips Music Ltd is a prominent Indian music and entertainment company known for its extensive catalog of Bollywood songs, regional music, and non-film albums. Established in 1975, Tips Music has been a key player in the Indian music industry, producing and distributing iconic soundtracks for Bollywood movies and catering to diverse musical tastes. Tips Music Share Price on NSE as of 18 November 2024 is 903.60 INR. Here will provide you more details on Tips Music Share Price Target 2024, 2025, 2026 to 2030.
Tips Music Ltd: Market Overview
- Open Price: ₹928.00
- High Price: ₹934.75
- Low Price: ₹897.75
- Previous Close: ₹924.50
- Volume: 151,882
- Value (Lacs): ₹1,372.41
- VWAP: ₹913.35
- LC Limit: ₹739.60
- P/E ratio: ₹76.18
- Div yield: ₹0.77%
- 52-wk high: ₹950.00
- 52-wk low: ₹666.00
- Mkt cap: ₹11.55KCr
- Face Value: ₹1
Tips Music Ltd Competitors
Here are three competitors of Tips Music Ltd and their approximate market capitalizations:
- Saregama India Ltd – Market cap: ₹9,300 crores.
- T-Series (Super Cassettes Industries Private Limited) – Privately held, estimated to have significant valuation due to its dominance in the music industry.
- Zee Entertainment Enterprises Ltd – Market cap: ₹27,000 crores.
Tips Industries Share Price Chart
Tips Industries Share Price Target Tomorrow 2024 To 2030
Tips Industries Share Price Target Years | Share Price Target |
2024 | ₹970 |
2025 | ₹1140 |
2026 | ₹1367 |
2027 | ₹1584 |
2028 | ₹1770 |
2029 | ₹1980 |
2030 | ₹2190 |
Tips Industries Share Price Target 2024
Tips Industries share price target 2024 Expected target could be ₹970. Here are three key factors that could influence Tips Industries Ltd’s share price target for 2024:
- Growth in Digital Streaming Platforms
With the rise of platforms like Spotify, YouTube, and Apple Music, Tips Industries benefits from increasing demand for its vast music library. Revenue generated from digital licensing and streaming partnerships is expected to continue growing, driving financial performance and boosting investor confidence. - Bollywood and Regional Music Demand
As the entertainment industry in India expands, there is a consistent demand for Bollywood and regional music content. Tips Industries, with its diverse catalog, is well-positioned to capitalize on this trend, especially with newer film soundtracks and independent music collaborations. -
Expansion in International Markets
Growth in global audiences consuming Indian music, particularly in countries with a large Indian diaspora, offers an opportunity for Tips Industries to expand its revenue streams. Leveraging its library across international streaming platforms and licensing deals can enhance its global footprint, supporting share price growth.
Tips Industries Share Price Target 2025
Tips Industries share price target 2025 Expected target could be ₹1140. Here are three key factors that could influence Tips Industries Ltd’s share price target for 2025:
- Increased Focus on Independent Music and Non-Film Content
The growing popularity of independent artists and non-film music offers Tips Industries an opportunity to diversify its content portfolio. By investing in independent music projects and supporting emerging artists, the company can capture a broader audience and drive revenue growth. - Strategic Content Partnerships
Collaborations with major film production houses and OTT platforms can significantly enhance Tips Industries’ revenue streams. Licensing its music catalog to OTT services for web series and movies could result in higher revenues, strengthening its position in the entertainment industry. -
Adoption of Emerging Technologies
The use of AI-driven recommendations and data analytics for audience engagement can help Tips Industries better understand consumer preferences. By tailoring its content distribution strategies based on these insights, the company can optimize revenue from streaming platforms and digital advertisements.
Tips Industries Share Price Target 2030
Tips Industries share price target 2030 Expected target could be ₹2190. Here are three potential risks and challenges that could influence Tips Industries Ltd’s share price target for 2030:
- Intense Competition in the Digital Space
The growing dominance of global music companies and Indian competitors like T-Series and Saregama could pose a challenge. With competitors having larger catalogs and aggressive marketing strategies, Tips Industries may face difficulties in maintaining its market share in the highly competitive digital streaming and licensing industry. - Dependence on Bollywood Music Trends
A significant portion of Tips Industries’ revenue relies on Bollywood soundtracks. Any downturn in the popularity of Bollywood music or a shift in audience preferences towards international or independent music could impact its revenue streams and growth potential. -
Regulatory and Copyright Challenges
Changes in intellectual property laws, stricter copyright regulations, or disputes over licensing agreements could disrupt business operations. Additionally, managing piracy and unauthorized content distribution remains a critical challenge in protecting its revenue and brand reputation.
Tips Music Ltd Shareholding Pattern
- Promoters: 64.15%
- Retail and Others: 25.98%
- FII: 4.84%
- Mutual Funds: 4.76%
- DII: 0.26%
Tips Music Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 2.42B | 29.34% |
Operating expense | 707.03M | -9.75% |
Net income | 1.27B | 66.18% |
Net profit margin | 52.64 | 28.48% |
Earnings per share | — | — |
EBITDA | 1.60B | 58.22% |
Effective tax rate | 25.43% | — |
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