{"id":130450,"date":"2022-06-02T03:58:46","date_gmt":"2022-06-02T07:58:46","guid":{"rendered":"https:\/\/44.250.171.167\/?p=130450"},"modified":"2022-10-06T04:27:14","modified_gmt":"2022-10-06T08:27:14","slug":"tips-industries-limited-q4-fy22-earnings-conference-call-insights","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/tips-industries-limited-q4-fy22-earnings-conference-call-insights\/","title":{"rendered":"TIPS Industries Limited Q4 FY22 Earnings Conference Call Insights"},"content":{"rendered":"<p><strong>Key highlights from TIPS Industries Limited (<a href=\"https:\/\/44.250.171.167\/symbol\/TIPSINDLTD\/\">TIPSINDLTD<\/a>) Q4 FY22 Earnings Concall<\/strong><\/p>\n<p><strong>Q&amp;A Highlights:<\/strong><\/p>\n<ul>\n<li>Sagar Jethwani of Phillip Capital asked when a higher share of movie songs can be seen. Kumar Taurani MD replied that movies really command a tremendous amount in volume for TIPS. On new movies, the company is acquiring new music for movie rights even in other languages.<\/li>\n<\/ul>\n<ul>\n<li>Sagar Jethwani of Phillip Capital also asked that between the film, non-film and devotional songs, which is the most profitable category. Kumar Taurani MD answered that the company\u2019s target is to recover its investment in first three years.<\/li>\n<\/ul>\n<ul>\n<li>Swechha Jain from ANS Wealth asked about revenue growth being 23% YoY in 4Q, but in 3Q it was 43% YoY and the outlook ahead. Kumar Taurani MD said that in 3Q, the company had a bigger deal and Dec. is a seasoned quarter. The company added that this metric should be gauged on a YoY basis.<\/li>\n<\/ul>\n<ul>\n<li>Swechha Jain from ANS Wealth asked about the YouTube viewership in 4Q22. Kumar Taurani MD answered that it happens all the time, there will be highs and lows in each quarter due to various reasons.<\/li>\n<\/ul>\n<ul>\n<li>Swechha Jain from ANS Wealth also asked if the revenue from YouTube is mainly led by advertisement or subscription based growth. Kumar Taurani MD answered that 80-85% is ad driven growth. Subscription is still not what the company expects, which might take another 2-3 years to grow.<\/li>\n<\/ul>\n<ul>\n<li>Garvit Goyal of Invest Research enquired if there is any traction in the music consumption post COVID vs. COVID time. Kumar Taurani MD replied that during COVID, music consumption increased but advertisers decreased, which was a hit on revenue. Post COVID, the revenue recovered and after 2Q 2020 it\u2019s really good.<\/li>\n<\/ul>\n<ul>\n<li>Garvit Goyal of Invest Research asked about the company\u2019s existing market share. Kumar Taurani MD said that existing market share combining all the revenue streams, it should be around 6-7%.<\/li>\n<\/ul>\n<ul>\n<li>Garvit Goyal of Invest Research asked about revenue and EBITDA margin guidance for FY23. Kumar Taurani MD replied that the company is targeting every year on a YonY basis, 25-30% on topline and bottom line should be 15-20% up. In FY23, TIPSINDLTD has a huge content acquisition budget also.<\/li>\n<\/ul>\n<ul>\n<li>Devanshu Sampat with Yes Securities asked about the revenue of public performance fees in FY22. Kumar Taurani MD answered that public performance was good, but the exact number cannot be revealed. Compared to pre-COVID levels, the company is 60% more.<\/li>\n<\/ul>\n<ul>\n<li>Akshay Sam from SAM Capital asked what is the pipeline in film\u2019s music over the next 1 year and how many releases can be anticipated in the music segment. Kumar Taurani MD answered that the company has acquired a movie of Balaji Telefilms. And talks are on with 2-3 more producers. The target is to release 3-4 films on a YonY basis in Hindi. So all the languages put together it will be around 25-30 films a year.<\/li>\n<\/ul>\n<ul>\n<li>Abhilasha Satale from Monarch Network asked about the confidence the company has on payback period of 3 years not increasing with content cost increasing globally. Kumar Taurani MD said the company has a strong old rapport and it\u2019s increasing day by day. And TIPS added that it\u2019s a very focused company which helps in confidence.<\/li>\n<\/ul>\n<ul>\n<li>Aman Vij of Astute Investment Management asked about the song addition planned for FY23 and how many will be acquired vs. own songs. Kumar Taurani MD answered that the company\u2019s target is to release around 400 songs for FY23. And acquired vs. own songs will be 40% acquired and 60% own.<\/li>\n<\/ul>\n<ul>\n<li>Aman Vij of Astute Investment Management enquired about the total partners the company has. Kumar Taurani MD replied that total partners is around 35-40.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key highlights from TIPS Industries Limited (TIPSINDLTD) Q4 FY22 Earnings Concall Q&amp;A Highlights: Sagar Jethwani of Phillip Capital asked when a higher share of movie songs can be seen. Kumar Taurani MD replied that movies really command a tremendous amount in volume for TIPS. On new movies, the company is acquiring new music for movie [&hellip;]<\/p>\n","protected":false},"author":1767,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9825,392,12],"tags":[907],"class_list":["post-130450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-call-highlights","category-earnings","category-other-industries","tag-music-streaming"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":126726,"url":"https:\/\/alphastreet.com\/india\/tips-industries-limited-q3-fy22-earnings-conference-call-insights\/","url_meta":{"origin":130450,"position":0},"title":"TIPS Industries Limited Q3 FY22 Earnings Conference Call Insights","author":"Praveen","date":"January 26, 2022","format":false,"excerpt":"https:\/\/www.youtube.com\/watch?v=kFXWka5V4Vg Key highlights from TIPS Industries Limited (TIPSINDLTD) Q3 FY22 Earnings Concall Management Update: TIPS released 86 new songs in 3Q, the highest number of songs released in any quarter so far in FY22. The company\u2019s new Bhojpuri song Tumsa Koi Pyaara by Pawan Singh and Priyanka Singh crossed 60\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":132550,"url":"https:\/\/alphastreet.com\/india\/tips-industries-limited-q1-fy23-earnings-conference-call-insights\/","url_meta":{"origin":130450,"position":1},"title":"TIPS Industries Limited Q1 FY23 Earnings Conference Call Insights","author":"Praveen","date":"August 5, 2022","format":false,"excerpt":"https:\/\/youtu.be\/jtVjDkBj6ns Key highlights from TIPS Industries Limited (TIPSINDLTD) Q1 FY23 Earnings Concall Management Update: TIPSINDLTD said that in 1Q23 the company released 185 new songs, the highest in any quarter so far. Q&A Highlights: Rakesh Wadhwani from Monarch Networth enquired about the approx. content cost for FY23 and FY24. Kumar\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":136265,"url":"https:\/\/alphastreet.com\/india\/tips-industries-limited-tipsindltd-q2-fy23-earnings-concall-transcript\/","url_meta":{"origin":130450,"position":2},"title":"TIPS Industries Limited (TIPSINDLTD) Q2 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"October 22, 2022","format":false,"excerpt":"TIPS Industries Limited (NSE:TIPSINDLTD) Q2 FY23 Earnings Concall dated Oct. 22, 2022 Corporate Participants: Kumar S. Taurani -- Chairman and Managing Director Sunil Chellani -- Chief Financial Officer Analysts: Rajesh Agarwal -- Orient Capital -- Analyst Akshay Sam -- Sam Capital -- Analyst Sagar Jethwani -- PhillipCapital (India) Pvt. Ltd.\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"Earnings Conference Call Transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":139168,"url":"https:\/\/alphastreet.com\/india\/tips-industries-limited-tipsindltd-q3-fy23-earnings-concall-transcript\/","url_meta":{"origin":130450,"position":3},"title":"TIPS Industries Limited (TIPSINDLTD) Q3 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"January 25, 2023","format":false,"excerpt":"TIPS Industries Limited (NSE:TIPSINDLTD) Q3 FY23 Earnings Concall dated Jan. 24, 2023. Corporate Participants: Kumar Taurani\u00a0--\u00a0Chairman and Managing Director. Sushant Dalmia\u00a0--\u00a0Chief Financial Officer Analysts: Ravi Naredi\u00a0--\u00a0Naredi Investment -- Analyst Akshay Sam\u00a0--\u00a0Sam Capital -- Analyst Anika Mittal\u00a0--\u00a0Nvest Research -- Analyst Devanshu Sampat\u00a0--\u00a0Yes Securities -- Analyst Ankush Agrawal\u00a0--\u00a0Surge Capital -- Analyst Dheeresh\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"Earnings Conference Call Transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":173322,"url":"https:\/\/alphastreet.com\/india\/tips-music-limited-tipsmusic-q4-2025-earnings-call-transcript\/","url_meta":{"origin":130450,"position":4},"title":"Tips Music Limited (TIPSMUSIC) Q4 2025 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Tips Music Limited (NSE: TIPSMUSIC) Q4 2025 Earnings Call dated Apr. 24, 2025 Corporate Participants: Unidentified Speaker Kumar Taurani \u2014 Executive Chairman Hari Nair \u2014 Chief Executive Officer Girish Taurani \u2014 Executive Director and Chief Operating Officer of Music Sushant Dalmia \u2014 Chief Financial Officer Analysts: Harssh Shah \u2014 Analyst\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":173321,"url":"https:\/\/alphastreet.com\/india\/tips-music-limited-tipsmusic-q1-2026-earnings-call-transcript\/","url_meta":{"origin":130450,"position":5},"title":"Tips Music Limited (TIPSMUSIC) Q1 2026 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Tips Music Limited (NSE: TIPSMUSIC) Q1 2026 Earnings Call dated Jul. 30, 2025 Corporate Participants: Unidentified Speaker Kumar Taurani \u2014 Executive Chairman Hari Nair \u2014 Chief Executive Officer Hari Nair \u2014 Chief Executive Officer Girish Taurani \u2014 Executive Director & COO of Music Girish Taurani \u2014 Executive Director Sushant Dalmia\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/130450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1767"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=130450"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/130450\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=130450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=130450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=130450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}