Tips Industries Limited Share Price and Company Fundamentals



Price
₹1761.55
Change
136.150 (8.376%)
52 week
977.4 - 2628.75

Last traded: Yesterday at 10:00 AM

Tips Industries Limited engages in the production and distribution of motion pictures; and acquisition and exploitation of music rights in India and internationally. The company operates in two segments, Music (Audio/Video) and Film Production/Distribution. It has a music library of approximately 29,000 songs across various languages and genres; and holds soundtrack copyrights of approximately 50 Hindi movies. The company also produces Hindi and Punjabi films. It operates through an owned distribution system. Tips Industries Limited was founded in 1975 and is based in Mumbai, India.

Key Metrics

PE ratio

32.65

PB ratio

20.58

Dividend yield

0.12%

Beta

0.75

Market cap

-

Enterprise value

-

Company profile

Industry / SectorEntertainment / Communication Services
Websitehttps://www.tips.in
Mailing address601, Durga Chambers 6th Floor Linking Road Khar (West) Mumbai 400052 India
Phone / Fax91 22 6643 1188 / 91 22 6643 1189

Dividends

Dividend yield

0.12%

Dividend amount

₹2.00

Payout ratio

4.02%

5Y Avg. yield

0.87%

Tips Industries Limited paid ₹2.00 dividend and the ex-dividend date was 13 Sept 2021.The dividend payout ratio is 4.02%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.TIPSINDLTD dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

TIPSINDLTD's forward dividend amount is ₹2 and the forward dividend yield is 0.12%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Tips Industries Limited.

NameTitleAgeTotal Pay
Mr. Kumar S. TauraniExec. Chairman & MD63
Mr. Ramesh S. TauraniMD & Exec. Director61
Mr. Girish K. TauraniExec. Director & COO of Music34
Ms. Jaya R. TauraniChief Operating Officer of Production36
Ms. Kavita LakhaniVP of Film Production & Promotions51
Sunil GursahaniVP of Publishing & Analytics46
Mr. Sunil ChellaniChief Financial Officer2.2M
Haresh SedhaniSr. Mang. of Accounts57
Ms. Varsha R. TauraniVP of Admin.
Ms. Bijal R. PatelCompany Sec. & Compliance Officer675k

Profitability and management effectiveness

Profit margin

47.61%

Operating margin

63.05%

Return on assets

36.22%

Return on equity

63.39%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Tips Industries Limited is and its enterprise value is .

The TIPSINDLTD's stocks Beta value is 0.75 making it 25% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Tips Industries Limited (NSE:TIPSINDLTD) Frequently Asked Questions

1. What is Tips Industries Limited's Stock Symbol?

Tips Industries Limited trades on NSE under the ticker symbol "TIPSINDLTD".

2. What is Tips Industries Limited's stock price today?

One share of TIPSINDLTD stock can currently be purchased for approximately ₹1761.55.

3. How can I contact Tips Industries Limited?

Tips Industries Limited's mailing address is 601, Durga Chambers 6th Floor Linking Road Khar (West) Mumbai 400052 India. The company can be reached via phone at 91 22 6643 1188.

4. What is Tips Industries Limited's official website?

The official website of Tips Industries Limited is https://www.tips.in.