Tips Music Limited (TIPSMUSIC) - Net Assets
Based on the latest financial reports, Tips Music Limited (TIPSMUSIC) has net assets worth Rs2.57 Billion INR (≈ $27.83 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs3.70 Billion ≈ $40.06 Million USD) and total liabilities (Rs1.13 Billion ≈ $12.24 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Tips Music Limited liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs2.57 Billion |
| % of Total Assets | 69.46% |
| Annual Growth Rate | 19.94% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 12.97 |
Tips Music Limited - Net Assets Trend (2021–2025)
This chart illustrates how Tips Music Limited's net assets have evolved over time, based on quarterly financial data. Also explore TIPSMUSIC total asset value for the complete picture of this company's asset base.
Annual Net Assets for Tips Music Limited (2021–2025)
The table below shows the annual net assets of Tips Music Limited from 2021 to 2025. For live valuation and market cap data, see TIPSMUSIC market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs2.10 Billion ≈ $22.66 Million |
+16.74% |
| 2024-03-31 | Rs1.79 Billion ≈ $19.41 Million |
+31.81% |
| 2023-03-31 | Rs1.36 Billion ≈ $14.73 Million |
+32.99% |
| 2022-03-31 | Rs1.02 Billion ≈ $11.07 Million |
+1.13% |
| 2021-03-31 | Rs1.01 Billion ≈ $10.95 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tips Music Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 137.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs1.88 Billion | 89.84% |
| Common Stock | Rs127.83 Million | 6.10% |
| Other Components | Rs85.00 Million | 4.06% |
| Total Equity | Rs2.10 Billion | 100.00% |
Tips Music Limited Competitors by Market Cap
The table below lists competitors of Tips Music Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Hirisun Technology Inc
SHE:300277
|
$898.53 Million |
|
Chongqing Landai Powertrain Corp Ltd
SHE:002765
|
$898.92 Million |
|
Diamond Power Infrastructure Limited
NSE:DIACABS
|
$899.30 Million |
|
I.E.S Holdings Ltd
TA:IES
|
$899.44 Million |
|
Yalla Group Ltd
NYSE:YALA
|
$897.74 Million |
|
Guangdong Vanward New Electric Co Ltd
SHE:002543
|
$897.70 Million |
|
Client Service International Inc
SHE:300663
|
$897.56 Million |
|
Hangzhou Jingye Intelligent Technology Co. Ltd. A
SHG:688290
|
$897.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tips Music Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,794,989,000 to 2,095,416,000, a change of 300,427,000 (16.7%).
- Net income of 1,665,615,000 contributed positively to equity growth.
- Dividend payments of 894,821,000 reduced retained earnings.
- Share repurchases of 471,933,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.67 Billion | +79.49% |
| Dividends Paid | Rs894.82 Million | -42.7% |
| Share Repurchases | Rs471.93 Million | -22.52% |
| Other Changes | Rs1.57 Million | +0.07% |
| Total Change | Rs- | 16.74% |
Book Value vs Market Value Analysis
This analysis compares Tips Music Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 39.66x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 83.21x to 39.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-03-31 | Rs7.81 | Rs649.70 | x |
| 2022-03-31 | Rs7.90 | Rs649.70 | x |
| 2023-03-31 | Rs10.60 | Rs649.70 | x |
| 2024-03-31 | Rs13.98 | Rs649.70 | x |
| 2025-03-31 | Rs16.38 | Rs649.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tips Music Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 79.49%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 53.61%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 1.62x
- Recent ROE (79.49%) is above the historical average (62.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 42.93% | 48.02% | 0.60x | 1.48x | Rs333.43 Million |
| 2022 | 63.04% | 47.61% | 0.92x | 1.43x | Rs543.15 Million |
| 2023 | 56.19% | 40.97% | 0.97x | 1.41x | Rs629.04 Million |
| 2024 | 70.85% | 52.64% | 0.71x | 1.89x | Rs1.09 Billion |
| 2025 | 79.49% | 53.61% | 0.92x | 1.62x | Rs1.46 Billion |
Industry Comparison
This section compares Tips Music Limited's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $13,291,753,297
- Average return on equity (ROE) among peers: 15.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tips Music Limited (TIPSMUSIC) | Rs2.57 Billion | 42.93% | 0.44x | $898.18 Million |
| Bodhi Tree Multimedia Limited (BTML) | $248.74 Million | 13.09% | 0.83x | $12.61 Million |
| Cineline India Limited (CINELINE) | $777.43 Million | 5.08% | 0.98x | $31.94 Million |
| Cinevista Limited (CINEVISTA) | $1.61 Billion | -1.75% | 0.16x | $9.67 Million |
| Creative Eye Limited (CREATIVEYE) | $376.57 Million | 1.41% | 0.15x | $1.50 Million |
| Den Networks Limited (DEN) | $18.77 Billion | -7.67% | 0.79x | $142.98 Million |
| Dish TV India Limited (DISHTV) | $54.55 Billion | -20.99% | 1.63x | $76.07 Million |
| Eros International Media Limited (EROSMEDIA) | $285.84 Million | 6.63% | 4.14x | $8.10 Million |
| GTPL Hathway Limited (GTPL) | $12.10 Billion | 9.42% | 1.24x | $82.04 Million |
| Hathway Cable & Datacom Limited (HATHWAY) | $41.85 Billion | 1.56% | 0.15x | $210.76 Million |
| Imagicaaworld Entertainment Limited (IMAGICAA) | $2.35 Billion | 151.87% | 3.71x | $278.32 Million |
About Tips Music Limited
Tips Music Limited engages in the acquisition and exploitation of music rights in India and internationally. The company involved in the creation and acquisition of audiovisual music content and monetisation of the content library digitally. It also provides live events and concerts services. The company was formerly known as Tips Industries Limited and changed its name to Tips Music Limited in S… Read more