Operating EBITDA for the quarter rose sharply to Rs 76.9 crore from Rs 37.3 crore in Q4 FY25, reflecting a significant 106% year-on-year increase, while growing 3% sequentially over Rs 74.5 crore in Q3 FY26. For FY26, Operating EBITDA stood at Rs 275.8 crore compared to Rs 206.7 crore in FY25, registering a growth of 33%. The Operating EBITDA margin improved substantially to 74.0% in Q4 FY26 from 47.5% in Q4 FY25, while it stood at 79.0% in Q3 FY26. On an annual basis, margins expanded to 73.4% in FY26 from 66.5% in FY25.
Operating EBIT for Q4 FY26 stood at Rs 80.1 crore, up 94% year-on-year from Rs 41.4 crore in Q4 FY25 and 2% higher sequentially compared to Rs 78.7 crore in Q3 FY26. For FY26, Operating EBIT increased to Rs 292.1 crore from Rs 223.5 crore in FY25, reflecting a growth of 31%.
Profit After Tax for the quarter stood at Rs 59.0 crore, reflecting a strong year-on-year growth of 93% compared to Rs 30.6 crore in Q4 FY25, while remaining largely stable sequentially with a 1% increase over Rs 58.7 crore in Q3 FY26. For the full year FY26, PAT grew to Rs 216.6 crore from Rs 166.6 crore in FY25, marking a 30% increase. The PAT margin improved to 56.8% in Q4 FY26 from 39.0% in Q4 FY25, while it was 62.2% in Q3 FY26. On an annual basis, PAT margin stood at 57.7% in FY26 compared to 53.6% in FY25.
During the quarter, the Company released 66 songs, including 47 film songs and 19 non-film songs, while continuing its focus on quality-driven content. Among the releases, “Tu Jaane Hai Kahan” emerged as a notable performer. The Company’s YouTube subscriber base expanded to 153.1 million, reflecting strong digital traction. For FY26, the Board declared a cumulative dividend of ₹13 per share, resulting in a total payout of ₹166.18 crore.
Commenting on the results, Kumar Taurani, Chairman and Managing Director, said, “In Q4 FY26, the Company has continued to deliver strong growth, with revenue of ₹103.9 crore, making year-on-year growth of 32%, while PAT increased by 93% to ₹59 crore compared to Q4 FY25. The growth was driven by good performance across both digital and non-digital segments. I am also delighted to share that FY26 marks another year in which we surpassed our stated commitments. Against our guidance of 20% growth in both revenue and PAT, we closed the year with revenue growth of 21% and PAT growth of 30%. During the year, we distributed a total dividend payout of INR 166 crore.”
He further added, “During Q4 FY26, the Company released 66 new songs, including 47 film and 19 non-film songs, while maintaining a quality-focused content approach. On YouTube, ‘Tu Jaane Hai Kahan’ crossed 10 million views, while the songs ‘Tehzeeb’ and ‘Jamuna Kinara’ recorded 2.4 million views each, growing the subscriber base to 153.1 million. The Company also strengthened brand partnerships during the quarter, collaborating with leading brands such as Hyundai and Tinder.”
According to company information, founded in 1988 by the Taurani brothers, TIPS Music Limited is one of India’s leading publicly listed music companies. The Company has built a strong legacy with iconic soundtracks such as Khalnayak, Soldier, Coolie No.1, Rangeela, Pardes, and Taal, while continuing its success with contemporary hits including Raaz, the Race franchise, Ramaiya Vastavaiya, Ajab Prem Ki Ghazab Kahani, Ponniyin Selvan 1 and 2, Crew, HanuMan, and the Saunkan Saunkne series. With a catalogue of over 34,000 songs across multiple languages and genres, TIPS remains a key partner for digital platforms, streaming services, and broadcasters.
