Tips Music shares jump 11% as board set to approve buyback on July 22

Shares of Tips Music rallied as much as 11% to an intraday high of Rs 740 on the BSE on Monday after the company said its board will meet on July 22 to consider and approve the unaudited financial results for the quarter ended June 30, 2026, and a proposal for the buyback of its fully paid-up equity shares.

A share buyback (or repurchase) is a corporate action where a company buys its own outstanding shares from existing shareholders. Tips Music’s share price has risen 11% in the last one month and over 30% in 2026.

Tips Music Q4 snapshot

The company reported a 32% YoY increase in Q4 FY26 revenue to Rs 103.9 crore. Net profit for the quarter rose 93% YoY to Rs 59 crore from Rs 30.6 crore in the corresponding period last year.

During the quarter, it released 66 songs, including 47 film songs and 19 non-film songs, with Tu Jaane Hai Kahan among the notable releases. Its YouTube subscriber base expanded to 153.1 million during the quarter. For FY26, the board declared a cumulative dividend of Rs 13 per share, resulting in a total payout of Rs 166.18 crore.

About Tips Music

Founded in 1988, Tips Music is one of India’s leading listed music companies. Its portfolio includes several iconic Bollywood soundtracks from the 1990s, such as Khalnayak, Soldier, Coolie No. 1, Rangeela, Pardes and Taal.
Over the years, the company has expanded its catalogue with titles including Raaz, the Race franchise, Ramaiya Vastavaiya, Ajab Prem Ki Ghazab Kahani, regional films Ponniyin Selvan 1 and Ponniyin Selvan 2, and more recent releases such as Crew, HanuMan and the Saunkan Saunkne series.

The company’s music catalogue features more than 34,000 songs across multiple languages and genres. Its roster has included artists such as Alka Yagnik, Kumar Sanu, Udit Narayan, Sonu Nigam, A.R. Rahman, Diljit Dosanjh, Badshah, Arijit Singh, B Praak and Aditya Rikhari. Tips Music distributes its content across digital platforms, streaming services and broadcasters.
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