Tips Industries Ltd (NSE: TIPSINDLTD) Shares: Tips Industries is one of the most prominent entertainment firms in India. The company’s shares have consistently given strong returns to its investors over the last five calendar years.
However, there was some profit booking in the stock in CY22, due to which the stock also declined marginally by 5.44% during this period.
The CY23 year saw a significant rise of 93%.
This pace has remained strong in the present year (CY24) too as the stock has gained 52% to date.
₹10,000 Increased To ₹14.40 Lakh
Over the past decade, the stock has grown from ₹3.60 per share to its current trading value of ₹519, delivering an impressive return of 14,316% to its shareholders.
Investors’ money of ₹10,000 increased to ₹14.40 lakh during this period.
TIPS is in the field of exploitation digitally of libraries of audio-visual content in India as well as abroad, through the acquisition and creation of audio-visual music content and licensing on a variety of distribution platforms.
One of TIPS’s strongest assets is its rich and timeless music collection.
What Is The Target Price?
A domestic brokerage firm has initiated coverage for the company. The company is rated and has an estimated value of 612 rupees per share.
The brokerage says shares could increase due to the significant growth of the Indian music industry.
About Tips Industries Ltd Company
Tips Industries Limited (TIL) is an Indian media and entertainment company.
The company is involved in the business of producing and distributing motion-picture films as well as the acquisition and exploitation in the field of musical rights.
The company operates under the Music (Audio/Video) segment. The Company also makes Punjabi films.
The films of the Company consist of Jihne Mera Dil Luteya, Kya Yehi Pyaar Hai, Dil Apna Punjabi, Kismet Connection, Race, and many more.
The Company has a selection of catalogs for film devotional, non-film pop, and remixes that are available of songs in Hindi, Punjabi, Gujarati, and other languages.
The diverse music library of the company includes nearly 29,000 songs from every genre and language.
The albums of its music comprise Rola Karvavegi, and Majhe Ki Ya Manache Zeher, among other albums.
Fundamental Analysis of Tips Industries Ltd
| Market Cap | ₹ 6,661 Cr. |
| Current Price | ₹ 519 |
| 52-wk High | ₹ 531 |
| 52-wk Low | ₹ 143 |
| Stock P/E | 55.6 |
| Book Value | ₹ 14.3 |
| Dividend | 1.16 % |
| ROCE | 88.6 % |
| ROE | 64.0 % |
| Face Value | ₹ 1.00 |
| P/B Value | 36.4 |
| OPM | 67.1 % |
| EPS | ₹ 9.32 |
| Debt | ₹ 3.93 Cr. |
| Debt to Equity | 0.02 |
Tips Industries Ltd Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹550 | ₹619 |
| 2025 | ₹622 | ₹724 |
| 2026 | ₹754 | ₹798 |
| 2027 | ₹800 | ₹842 |
| 2028 | ₹900 | ₹942 |
| 2029 | ₹954 | ₹978 |
| 2030 | ₹1000 | ₹1245 |
Tips Industries Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 74.98% |
| Mar 2023 | 75.00% |
| June 2023 | 75.00% |
| Sept 2023 | 75.00% |
| Dec 2023 | 68.92% |
| FII Holding | |
| Dec 2022 | 0.10% |
| Mar 2023 | 0.05% |
| June 2023 | 0.06% |
| Sept 2023 | 0.42% |
| Dec 2023 | 0.85% |
| DII Holding | |
| Dec 2022 | 0.00% |
| Mar 2023 | 0.00% |
| June 2023 | 0.00% |
| Sept 2023 | 0.57% |
| Dec 2023 | 0.91% |
| Public Holding | |
| Dec 2022 | 24.93% |
| Mar 2023 | 24.95% |
| June 2023 | 24.95% |
| Sept 2023 | 24.02% |
| Dec 2023 | 29.32% |
Tips Industries Ltd Share: Last 5 Years’ Financial Condition
To better understand how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 203 Cr |
| 2020 | ₹ 91Cr |
| 2021 | ₹ 91 Cr |
| 2022 | ₹ 136 Cr |
| 2023 | ₹ 230 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 3 Cr |
| 2020 | ₹ 11 Cr |
| 2021 | ₹ 43 Cr |
| 2022 | ₹ 65 Cr |
| 2023 | ₹ 120 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.03 |
| 2020 | 0.04 |
| 2021 | 0 |
| 2022 | 0 |
| 2023 | 0 |
Last 10 Years’ Profit Growth:
| 10 Years: | 21% |
| 5 Years: | 90% |
| 3 Years: | 89% |
| Current Year: | 62% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 24% |
| 5 Years: | 43% |
| 3 Years: | 69% |
| Last Year: | 54% |
Sales Growth Over 10 Years:
| 10 Years: | 3% |
| 5 Years: | 32% |
| 3 Years: | 27% |
| Current Year: | 36% |
Conclusion
This article is a complete guide about Tips Industries Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses.
Also, We have discussed the share’s prospects and growth potential in detail.
This information will help you in your further investment.
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