Professional
Added to YB: 2024-08-20
Pitch date: 2024-06-30
TIPSINDLTD.NS [bullish]
Tips Industries Limited
+35.83%
current return
Author Info
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Company Info
Tips Industries Limited engages in the acquisition and exploitation of music rights in India and internationally.
Market Cap
INR 95.1B
Pitch Price
INR 401.68
Price Target
N/A
Dividend
0.94%
EV/EBITDA
51.69
P/E
66.51
EV/Sales
35.62
Sector
Entertainment
Category
growth
Show full summary:
Baron New Asia Fund New Position: Tips Industries Limited
TIPSINDLTD.NS: India's top music co (10% mkt share), 32K+ songs. 60%+ EBITDA margin. Benefits from 700M+ smartphone users. Rev from streaming ads/subs. 25-30% rev/earnings CAGR next 3-5yrs. Long-term upside as platforms monetize subs better. Shareholder-friendly: dividends & buybacks.
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