Tips Music shares surged over 10% in intraday trading on Friday, hitting a fresh 52-week high of ₹754.05 after the company announced strong Q2 FY27 financial results. The stock opened at ₹700 per share on NSE and extended gains to touch an intraday high of ₹754.05, with shares trading 8% higher at ₹738.55 as of 3 PM while the benchmark Nifty 50 was up 87 points at 23,084 levels. According to latest market data, Tips Music shares have delivered exceptional performance with 18% gains over the past week, 41% over the past year, and an impressive 135% surge over the past three years. The stock has also recorded remarkable long-term performance, surging 128.95% over three years and 469.99% over five years, with an exceptional gain of 11,003.05% over the past decade.
Tips Music delivered robust financial results for Q2 FY27, with net profit rising 24.5% year-on-year to ₹66 crore compared to ₹53 crore in the corresponding quarter last year. According to company reports, revenue from operations grew 35% YoY to ₹120.1 crore in the September quarter from ₹89.2 crore in the same period a year ago. At the operating level, EBITDA stood at ₹84.6 crore, up 25% from ₹67.8 crore in the previous year, though EBITDA margin contracted to 70.5% from 76% in the corresponding quarter last year. The company also reported PAT margin of 54.6% in Q2FY27, down from 59.6% in Q2FY26. The company's content cost increased significantly to ₹26.2 crore in Q2FY27 from ₹13.3 crore in Q2 FY26, representing a 97% YoY increase, reflecting the company's continued investment in content creation.
The company released 73 songs during Q2FY27, comprising 40 film songs and 33 non-film songs. As reported by Tips Music, the Punjabi music album 'Ishqnama' achieved strong audience response, surpassing 100 million YouTube views, while the re-created song 'Aankhon Se Tune' crossed 66 million views on YouTube. The company's YouTube subscriber base stood at 164.5 million during the quarter, with total views exceeding 54.3 billion. Kumar Taurani, chairman and managing director, noted that investment in content increased by 97% compared to Q2FY26, with strong engagement across new releases and catalogue content supported by both digital and non-digital segments. The company also witnessed sustained traction in earlier releases, with 'Chunari Chunari Let's Go' crossing 100 million views and the female version of 'Tere Paas Mein' from 'Main Vaapas Aunga' continuing to perform strongly on Spotify.
Tips Music announced an interim dividend of ₹6.50 per share and successfully completed a share buyback of ₹44.44 crore during the quarter. According to latest reports, the board has fixed October 22, 2026, as the record date towards payment of first interim dividend, with the said interim dividend to be paid on or before November 12, 2026. The company expressed confidence in surpassing its annual guidance of 20% growth for FY27 based on strong H1 results. Kumar Taurani commented that the results showcase TIPS' expansion into regional cinema and reflect the company's continued focus on delivering value to shareholders. Technical analysts note that after finding support around the ₹610 levels near its 200-day moving averages, TIPS Music stock has witnessed a sharp recovery over the past two weeks, gaining nearly 17% this week. The stock has formed a bullish Head and Shoulders pattern and broken above the ₹421 level, signaling positive momentum, with potential targets towards ₹850 and higher levels.
