ट्रेंडिंग न्यूज़

Share Growing From ₹3; Impressive Return 14,316%; Now Share Will Cross ₹600

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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careermotto

A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.

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