Interim report
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TIPS MUSIC LIMITED 601, Durga Chambers, 6th Floor, Linking Road, Khar (West), Mumbai 400 052. Tel.: +91- 22-6643 1188, Email: info@tips.in, Website: www.tips.in CIN.: L92120MH1996PLC099359 October 15, 2026 To, Listing Department BSE Limited P.J Towers, Dalal Street, Fort, Mumbai – 400 001 Scrip Code: 532375 To, Listing Department National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra (E), Mumbai – 400 050 Symbol: TIPSMUSIC Dear Sir/ Ma’am, Subject: Outcome of the Board Meeting Dear Sir/Madam, This is to inform you that at the meeting of the Board of Directors of the Company held today i.e. Thursday, October 15, 2026, the Board inter alia has: 1. Approved the Unaudited Financial Results along with Limited Review Report for the quarter and half year ended September 30, 2026, which is enclosed herewith. 2. Declared the first interim dividend for the financial year 2026-2027 of Rs. 6.50/- per equity share (i.e. 650%) on the fully paid-up equity shares of the face value of Re. 1/- per share. 3. Fixed Thursday, October 22, 2026, as the Reco rd Date towards payment of first Interim Dividend. The said Interim Dividend will be paid on or before November 12, 2026. The Board Meeting commenced at 12:45 PM and concluded at 1:30 PM Kindly take the same on your record. Thanking You, For TIPS MUSIC LIMITED Bijal R. Patel Company Secretary Encl: As Above
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turt Havo HITS *lncludes media content cost and contract manufacturing charges. TIPS MUSIC LIMITED 601. Durga Chambers,6th Floor, Linking Road, Khar(west), Mumbai - 400052 Tel.: +91-22-6643 I188. Email: info@tips.in. Website: www.tips.in CIN : L92 I 20MH I 996PLC0993 59 9 TIPS MUSIC TIMITED Unaudited Statement of Financial Results for the quarter and six months ended September 30, 2025 [lNR ln Lakhs except for Earning Per Share datal Sr No. Particulars Quarter Ended Six Months Ended Year Ended SeDt 30, 2025 June 30,2026 Sept 30, 2025 Sept 30, 2026 Sept 30, 2025 Ma( 17,2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited I 2 3 4 5 5 7 8 9 10 lncome a] Revenue from operations bl Other lncome Total lncome Expenses al Acquisition CosVln-house Music Production Cost' bl Royalty expenses cl Advertisement and sales promotion d) Employee benefits expense el Finance Costs fl Depreciation and amortization expense gl Other expenses Total Expenses Profit before tax (1-2) Tax Expenses a] Current tax bl Current tax for earlier periods cl Deferred tax Total Tax Expenses Net Profit for the period / year (3 - 4) Other comprehensive lncome / (Loss) (net of taxes) al ltems that will not be reclassified to statement of profit and loss (net of tax) b] ltems that will be reclassified subsequently to the statement of profit and loss (net of tax) Total other comprehensive lncome / (toss) (net of taxes) Total Comprehensive lncome for the period / year (5 + 6) Paid up Equity Sha.e Capital (Face value of Re. 1/- each, fully paid) Other Equity Earnings Per Share (Face value of Re. 1/- each, fully paid) (Not annualised for interim period) al Basic (Rs.) bl Diluted (Rs.) 12,006.35 445.45 L0,651.22 582.40 8,922.42 450.65 22,657.58 1,027.86 L7 ,729.26 1,019.33 37,551.49 1,877.83 t2,451.82 r1,23r.62 9,t73.O7 23,685.44 18,748.59 t9,429.t2 L,2L2.59 L48.42 1,256.01 359.37 9.51 95.94 555.00 3,994.70 127,74 343.47 403.83 10.49 96.48 432.73 579.31 L40.22 505.52 339.20 5.33 51.98 473.73 s,207.29 270.16 1,599.48 763.20 20.00 L93.42 997.73 2,525.34 242.24 908.14 650.40 11.29 123.88 955.88 3,848.40 585.47 1,489.87 2,033.16 19.98 2s0.08 7,0L5.07 3,647.84 5,403.44 2,205.69 9,051.28 5,428.r7 to,242.03 8,803.98 5,830.18 7,L67.t8 14,634.16 13,320.42 29,L87.29 2,200.82 (10.e8) 40.19 7,425.9! 34.32 r,799.03 49.14 3,626.73 (10.e8) 74.5L 3,327-.23 90.10 7,497 .74 49.63 (34.02) 2,230.03 1,460.23 L,848.17 t,690.26 3,417.33 7,512.75 6,573.95 4,369.95 5,3L9.2L 10,943.90 9,903.09 2L,674.54 (2t,23]. 19.55 3.13 (1.68) (12.83) (1s.30) l?L.7ll 19.55 3.r3 (1.68) (12.83) (1s.30) 6,552.12 4,389.50 5,3?2.34 t0,942.22 9,890.26 2L,6s9.24 L,77L.60 t,278.12 L,278.t? t,27L.60 t,278.32 L,278.32 24,7L6.98 5.15 5.15 3.42 3.42 4.76 4.16 8.s6 8.s6 7.75 7.75 16.95 15.95
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Notes to the Unaudited Statement of Financial six months ended September 30, 2026:Results for the quarter and 5.No. Particulars nau udited financial Itsresu thefor and monthssixquarter ended September 202630, were reviewed the itAudby Committee nd approvedofEoard atDirectors their heldrespective meetings Octoberon 75, The ofAuditors theStatutory haveCompa ny outcarried mitedthe bove tnresults ofterms 33 theofRegulation SEBI and Disclosu(Listing 0bligation re Req uirements) 2015Regulations, ('the Regulation ),mended and uanexpressed conclusion.nmodified 2 fiunaudited ncialna ofresults the beenhaveCompany red accordancein withprepa the andrecognition measurement la idprinciples down tnAccountitan Standard 34 nterimng Financia underReporting', prescribed 133Section theof Act,Companies read2013 with relevant rulesandnder other recognized tnprinciplesaccounti ng generally lndia nd naccepted ofterms the regulation. 3 On Boardthe ofAugust 2026,5, Directors theapproved to backproposa buy fully paid-up shares faceofeq uity ofvalue Re. each Shares"("Equitythe equ sha reholders theofity thethan(otherCompany promoterpromoters, and tngroup persons ofcontrol the anforCompany),notmount INRexceeding 4,450 "Maximum Size"),Buyback representi of14.87% theng theof totalaggregate paid- up share andequity capitaofreserves the atas JuneCompany 30, which2026, less t5%than theof of totatheaSgregate sharepaid-up equity freecapital reserveSonbased Auditedtheny, nterimCompa PurposeSpecial FinancialCondensed forStatements the endeduarterq June 30, 2026, prepared solelythewith aatBuyback,proposed notprice exceedi 750INRng reShaEquityper ("Maximum fromBuyback Price"), the rketmaopenstock thewhereexcha nges Shares theof are nCompany listed, accorda nce thewith of theprovisions Securities and BoardExchangelndia of(Buy-back Securities) as2078,Regulations, theandamended, ies 2073Compan Act, rulesand made thereunder Regulations"("Buyback Su the sha reholders theofbsequently, thenyCompa approved of abyBuyback way atresolutionspecial Anthe nua I Genera onheldMeeting2026.31, Period", accordaln withnce the ofonsprovisi the Euyback the AnPu blicRegulations, fornouncement the issuedwasBuyback on September 3, read2026,datedCorrigendum mber The2026.Septe a onopenedBuyback 2026 andSeptember a closed on 2026. ofSeptember 30, the ,77,9466,shares onback beforeorbought the30,September 2026, exti shednyCompa ngui 3, 700 sha24, equity onres September while the22, 2026,of ofprocess the remaining ,2463,47 wassharesityequ atasngpendi 202630,September and was subsequently completedOctober The2026.6, exti nguishsubsequent hasment been considered ana5 event inadj ustlng with ASlnd "Events70, theaftertheas sha resunderlying were backalready atas thebought anddate on thereporting formally ofprocess ment wasextinguish ng.pendientithe reingly, beenhas accoubuyback nted for then ncialfi na forresults the uarter endedq September 2026.30, Further, the rterUA endedn8 q theSeptember 2026,30, concludedCompa ny the ofbuyback 6,71,946 sharesequ itv 0.53%(representing theof numbertnshares the shareequity paid- equup atas neitv capita 30, This has2026l-. resulted ain cashtotal ofoutflow INR la khs4,514.50coststransaction torelated ck INRof la70.9L lnbuyba withline thekhs). theolrequirements nAct,Companies 2013, amount of RN la6.72 khsbeen adjusted share a ndeqagainst uity capital NR ,784,507. lakhs, therepresenting ofexcess considerationbuyback theover valueface of equre5 and tra nsaction ash beencosts, nstadjusted agai retained earnings. ca pita ofreserve INRredemption 6.72 lakhs the(representingofvalue the shares beenhasback)bought created fromthrough appropriation reserve.genera suchtoConsequent thebuyback,share theof hascapital reduced 6.INR la72Company by khs. s x ct NJ €A 4-4 Board of Directors of the Company has declared fi have_on lv)rst interim dividend for F y 2026 - 27 of Rs. value of Re. 1/- 5 fi ncia I forresults the ended Marchyea incl2026 uded37, of NR 96.68mpact Lakhs asrecorded Benefitmployee Expense, pertainingNewof Codes.Labourmpact 6 has oneCompany businessonly reportable assegment Audio/video inProd ucts ofterm lnd AS 108 The Ch"Operating Segments" iefChiefand Financia Officer (chief decisionoperating monitors themakers) results oneatoperati ng forsegmentsingle ofthe rposepu resourceabout locational nda nceperforma assessment. arethere noAccordingly, separate reportable as lndseSments per A5"Operating under sectionSegments" prescribed 133 theof ActCompanies read2013 thewith ndianCompanies Accounti Stang 2015ndard) Rules,mended. 7 fi nanciaConsolidated statements notare a thetopplicable ncesi theny,Compa notdoes haveCompany subsidiary/associate/joint onas or202630,September anyduring previouscorresponding period/year 8 thfor e have beenprevious periods regrouped/reclassified conformto theto classification theof current period. 9 aboveThe una udited resultsfinancial of the are avaCompany ila ble theon websiteCompany's and stock(www.tips.in) exchanges websitet NSEand(www.bseindia.com) wherendia.com),(www.nsei the ofshares the listed.areCompany 2026 Place: Mumbai Date: KUMAR 5 TAURANI Chairman & Ma Director tuct Haye H|TS TIPS MUSIC LIMITED 601, Durga chambers,6th Floor, Linking Road, Khar (west), Mumbai - 400 052 Tel.: +91-22-6643 I 188. Email: info@tips.in, website: www.tips.in CIN : L92l20MH 1996PLC099359 L 2026. 7 lakhs is and Equity extinguishment accordance a
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ilust Have HITS TIPS MUSIC TIMITED Unaudited Statement of Assets & liabilities as at Septembe. 30, 2026 amounts in INR unless othemise Particulars As at September 30, 2025 (Unaudited) As at March 3r" 2025 (Audited) ASSETS Non-current assets (a) Property, Plant and EquiPment (b) Other lntangible Assets (c) lnvestment ProPerties (d) Financial Assets (i) Loans (ii) Other financial assets (e) lncome Tax Assets (Net) (f) Deferred Tax Assets (Net) (g) Other non current assets Total non current assets Current assets (a) Financial assets (i) lnvestments (ii) Trade receivables (iii) Cash and cash equivalents (iv) Bank balances other than Cash and cash equivalents (v) Loans (vi) Other financial assets (b) Other current assets Total current assets TOTAT ASSETS EQUrW AND UABILITIES Equity (a) Equity Share Capltal (b) Other equity Total equity Non current tiabilities (a) Financial Liabilities (i) Lease Liabilities (b) Provisions Total non current liabilities Current liabilities (a) Financial Liabilities (i) Trade payables (a) Total outstanding dues of micro enterprises and small ente;prises (b) Total outstandinB dues of creditors other than micro enterprises and small enterprises (ii) Lease Liabilities (iii) Other financial liabilities (b) Other current liabilities (c) Provisions (d) Current tax liabilities (Net) Total current liabilities TOTAL EQUITY AND LIABILITIES 1,237.54 8.77 7.10 11.32 590.53 325.95 71.77 539.7L 1,409.50 13.79 7.77 t2.2L 2,672.90 326.96 85.11 1,448.9? 2,833.10 2L,t07.94 4,82L.59 854.92 82.75 15.03 8,856.19 2,438.3s 5,977.t7 14,988.05 3,434.15 7L7.72 83.47 18.55 8,366.6s 2,516.88 38,176.77 30,225.57 41,w9.87 36,202.74 L,27L.60 31,151.42 t,278.32 24,716.98 32,423.02 290.50 116.56 2s,995.30 378.80 134.83 407.t6 519.41 1,80s.54 LL7,ZZ 430.32 5,U2.L4 5.51 259.29 513.53 131.21 1,189.20 131.15 572.18 7,43L.33 25.27 2r3.47 8,179.69 9,693.81 41,009.87 36,202.74 9 TIPS MUSIC LIMITED 601 . Durga Chambers. 6th Floor, Linking Road. Khar (Wesr) umbai - 400 052 Tel : +91-22-6643 1188. Email: info@tips.in. Websi CIN : L92l2OMH 1e96PLC099359 te: www.t ips. in
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Thr tust Have HtiS TIPS MUSIC LIMITED 601. Durga chambers. 6th Floor. Linking Road. Khar (west). Mumbai - 40o 0s2. Tel : +ql-22-6643 1 188. Email: info@tips.in. website: www.tips.in C lN : L92 I 20MH I e96PLC0993 59 I Statement of Cash Flows lor the six months ended September 30, 2026 MUSIC TIMITED amounts in INR unless othenrvise Particulars Six months ended September 30, 2026 Six months ended September 30, 2025 Depreciation and amortisation expense Bad Debts written off and allowances for bad and doubtful debts Finance cost Non-cash expenses adjustment for Gratuity flow from operating activities before tax for: income lncome 793.42 91.99 20.00 20.36 (4L4.O7], 14,634.76 123.88 17.08 77.29 16.31 (s18.02) L3,320.42 895.74 7,O04.70 (60.s4) (2,38e.19) L3,974.L2 (1,387, (6s, 12,485.35 (238.3s) 175.62 (2,774.74l, (492.47l- (36.84) (1,932.38) LL,829,74 7,057,99 4,631.18 (1e.38) 3.61 4,926.31 (10, 490.99 1,585.00 (13,099.35) 7,184.24 (472.37l. (88.s1) 3,333.0s 729.76 1722.72l, (4,514.50) (82.40) L37,20 717.72 |.2,978.26l- .09 (Purchase) of Property, Plant and Equipment and lntangible Assets Proceeds from Sale of Property and plant and Equipment (lnvestment) in Mutual Funds Proceeds from Sale of other current investments Proceeds from / (investments in) deposits other than cash and cash equivarents (Net) lnterest Received IA] IB] in provisions Decrease) in other liabilities cash flows from operating activities flows from investing activities of Mutual Funds Purchase) of other current investments cash flows (used in) investing activities flow from financing activit;es liabilities Paid increase / (decrease) in cash and cash equivalents and cash equivalents at the beginning ofthe period Cash and cash at the end of the tcl [A+B+C] Operating Profit before Working Capital changes Changes in Working Capital (lncrease) in trade receivables (lncrease)/Decrease in financial assets Decrease/(l ncrease) in other assets lncrease/(Decrease) in trade payables (Decrease) in financial liabilities Cash generated from operations Direct Taxes Paid (Net of Refund) Buyback of equity shares including transaction cost Dividend paid (including tax on dividend) Net cash flows (used inl financing activities and equipment and intangibles represents additions to property, plant and equipment adjusted for movement of capital work-in-and equipment. Notes: ofStatement cash flows beenhas under indthe irectprepared method setas tnout the ASnd 7 "Statement Cashof asFlows" tnspecified the Companieslndian StandaAccounting rds) 2015.Rules, (ii) Purchase of property, progress for of property, plant