NSEI:TIPSINDLTD

Stock Analysis Report

Executive Summary

Tips Industries Limited engages in the production and distribution of motion pictures; and acquisition and exploitation of music rights in India and internationally.

Snowflake

Fundamentals

Flawless balance sheet with solid track record.


Similar Companies

Share Price & News

How has Tips Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.3%

TIPSINDLTD

0.9%

IN Entertainment

1.6%

IN Market


1 Year Return

4.8%

TIPSINDLTD

-12.5%

IN Entertainment

0.8%

IN Market

Return vs Industry: TIPSINDLTD exceeded the Indian Entertainment industry which returned -12.5% over the past year.

Return vs Market: TIPSINDLTD exceeded the Indian Market which returned 0.8% over the past year.


Shareholder returns

TIPSINDLTDIndustryMarket
7 Day3.3%0.9%1.6%
30 Day6.3%3.4%1.5%
90 Day24.6%-4.2%-3.3%
1 Year6.4%4.8%-12.0%-12.5%2.7%0.8%
3 Year7.1%2.7%-18.9%-19.8%22.0%16.0%
5 Year48.5%37.6%2.1%-0.4%42.3%29.3%

Price Volatility Vs. Market

How volatile is Tips Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Tips Industries undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: TIPSINDLTD (₹73) is trading below our estimate of fair value (₹253.6)

Significantly Undervalued: TIPSINDLTD is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TIPSINDLTD is good value based on its PE Ratio (18.3x) compared to the Entertainment industry average (30x).

PE vs Market: TIPSINDLTD is poor value based on its PE Ratio (18.3x) compared to the Indian market (13.1x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate TIPSINDLTD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TIPSINDLTD is overvalued based on its PB Ratio (1.5x) compared to the IN Entertainment industry average (0.7x).


Next Steps

Future Growth

How is Tips Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

5.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TIPSINDLTD's forecast earnings growth (5.6% per year) is below the savings rate (7.6%).

Earnings vs Market: TIPSINDLTD's earnings (5.6% per year) are forecast to grow slower than the Indian market (18.3% per year).

High Growth Earnings: TIPSINDLTD's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if TIPSINDLTD's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if TIPSINDLTD's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if TIPSINDLTD's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Tips Industries performed over the past 5 years?

11.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: TIPSINDLTD has become profitable over the past 5 years, growing earnings by 11.1% per year.

Accelerating Growth: TIPSINDLTD's earnings growth over the past year (65.9%) exceeds its 5-year average (11.1% per year).

Earnings vs Industry: TIPSINDLTD earnings growth over the past year (65.9%) exceeded the Entertainment industry 18.5%.


Return on Equity

High ROE: TIPSINDLTD's Return on Equity (8.1%) is considered low.


Return on Assets

ROA vs Industry: TIPSINDLTD has a higher Return on Assets than the Entertainment industry average last year.


Return on Capital Employed

ROCE Improving: TIPSINDLTD has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Tips Industries's financial position?


Financial Position Analysis

Short Term Liabilities: TIPSINDLTD's short term assets (₹618.9M) exceeds its short term liabilities (₹183.5M)

Long Term Liabilities: TIPSINDLTD's short term assets (618.9M) exceeds its long term liabilities (56.1M)


Debt to Equity History and Analysis

Debt Level: TIPSINDLTD's debt to equity ratio (12%) is considered satisfactory

Reducing Debt: TIPSINDLTD's debt to equity ratio has reduced from 189.4% to 12% over the past 5 years.

Debt Coverage: TIPSINDLTD's debt is well covered by operating cash flow (295%).

Interest Coverage: TIPSINDLTD's interest payments on its debt are well covered by EBIT (9.5x coverage).


Balance Sheet

Inventory Level: TIPSINDLTD has a high level of physical assets or inventory.

Debt Coverage by Assets: TIPSINDLTD's debt is covered by short term assets (assets are 7.307450x debt).


Next Steps

Dividend

What is Tips Industries's current dividend yield, its reliability and sustainability?

1.37%

Current Dividend Yield


Dividend Yield vs Market

company1.4%marketbottom25%0.6%markettop25%2.5%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: TIPSINDLTD's dividend (1.37%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: TIPSINDLTD's dividend (1.37%) is low compared to the top 25% of dividend payers in the Indian market (2.49%).

Stable Dividend: TIPSINDLTD's dividend payments have been volatile in the past 10 years.

Growing Dividend: TIPSINDLTD's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (25%), TIPSINDLTD's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Tips Industries's salary, the management and board of directors tenure and is there insider trading?

15.2yrs

Average board tenure


CEO

Kumar Taurani (61yo)

0yrs

Tenure

0

Mr. Kumar S. Taurani serves as the Chairman and Managing Director of Tips Industries. Mr. Taurani served as the Chairman of Phonographic Performance Limited since January 2009. He has been a Director at Ti ...


CEO Compensation Analysis

Compensation vs. Market: Kumar's total compensation ($USD0.00) is too low to compare against companies of similar size in the Indian market ($USD25.38K).

Compensation vs Earnings: Kumar's compensation has increased by more than 20% in the past year.


Board Age and Tenure

15.2yrs

Average Tenure

59yo

Average Age

Experienced Board: TIPSINDLTD's board of directors are seasoned and experienced ( 15.2 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Ramesh Taurani (59yo)

    MD & Executive Director

    • Tenure: 14.1yrs
  • Ishwar Gursahani

    VP of Legal & Corporate Affairs

    • Tenure: 0yrs
    • Compensation: ₹1.20m
  • Kumar Taurani (61yo)

    Chairman & MD

    • Tenure: 0yrs
  • Varsha Taurani

    Vice President of Administration

    • Tenure: 0yrs
  • Kavita Lakhani (49yo)

    Vice President of Film Production & Promotions

    • Tenure: 0yrs
  • Bijal Patel

    Company Secretary & Compliance Officer

    • Tenure: 6.9yrs
    • Compensation: ₹675.00k
  • Sunil Chellani

    Chief Financial Officer

    • Tenure: 1.3yrs
    • Compensation: ₹2.20m
  • Girish Taurani (32yo)

    Chief Operating Officer of Music

    • Tenure: 0yrs
  • Jaya Taurani (34yo)

    Chief Operating Officer of Film Production

    • Tenure: 0yrs
  • Haresh Sedhani (55yo)

    Senior Manager of Accounts

    • Tenure: 0yrs

Board Members

  • Amitabh Mundhra (52yo)

    Non-Executive Independent Director

    • Tenure: 16.3yrs
    • Compensation: ₹160.00k
  • Radhika Pereira (49yo)

    Non-Executive Independent Director

    • Tenure: 17.1yrs
    • Compensation: ₹160.00k
  • Ramesh Taurani (59yo)

    MD & Executive Director

    • Tenure: 14.1yrs
  • Kumar Taurani (61yo)

    Chairman & MD

    • Tenure: 0yrs
  • Venkitaraman Iyer (59yo)

    Non-Executive Independent Director

    • Tenure: 3.4yrs
    • Compensation: ₹80.00k

Company Information

Tips Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tips Industries Limited
  • Ticker: TIPSINDLTD
  • Exchange: NSEI
  • Founded: 1975
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: ₹1.045b
  • Shares outstanding: 14.32m
  • Website: https://www.tips.in

Number of Employees


Location

  • Tips Industries Limited
  • 601, Durga Chambers
  • 6th Floor
  • Mumbai
  • Maharashtra
  • 400052
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532375BSE (Mumbai Stock Exchange)YesEquity SharesININRNov 2000
TIPSINDLTDNSEI (National Stock Exchange of India)YesEquity SharesININRNov 2000

Biography

Tips Industries Limited engages in the production and distribution of motion pictures; and acquisition and exploitation of music rights in India and internationally. The company operates in two segments, M ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 12:45
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.