Tips Music Limited (TIPSMUSIC) released its corporate presentation on 22 Mar 25. The presentation highlights the evolution of the music industry and its current trends, emphasizing the growth of streaming and digital advertising. Globally, streaming revenue grew by 10.4% in CY23 to US$19.3 billion (₹1,60,047 crores), with paid streaming contributing US$14 billion (₹1,16,406 crores). India is identified as the fastest-growing market for music streaming.
The Indian digital advertising industry reached ₹40,685 crores in 2023, growing at a 29% CAGR. Digital advertising is expected to dominate media spending in India.
Tips Music highlighted its strong performance, with revenue surging 1.8x in the last 2 years and outperforming sectoral growth by 2.8x over the past 4 years. The company reported ₹259 crores of cash and investments as of Q3FY25 and is debt-free. Digital platforms contribute 75% to their revenue. They have 113 million YouTube subscribers as of Q3FY25.
Tips Music follows a two-pronged content acquisition strategy: purchasing music rights and producing content. They expense 100% of content costs in the quarter of release and fund acquisitions through internal accruals. The company declared an interim dividend of ₹3 per share for Q3FY25, amounting to ₹38.35 crores, and total payout for 9MFY25 reached ₹136.09 crores including buybacks.
Upcoming music releases include 'No Entry Mein Entry'.