{"id":132550,"date":"2022-08-05T07:16:28","date_gmt":"2022-08-05T11:16:28","guid":{"rendered":"https:\/\/44.250.171.167\/?p=132550"},"modified":"2022-10-06T04:51:52","modified_gmt":"2022-10-06T08:51:52","slug":"tips-industries-limited-q1-fy23-earnings-conference-call-insights","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/tips-industries-limited-q1-fy23-earnings-conference-call-insights\/","title":{"rendered":"TIPS Industries Limited Q1 FY23 Earnings Conference Call Insights"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"TIPS Industries Limited Q1 FY23 Earnings Concall\" width=\"500\" height=\"375\" src=\"https:\/\/www.youtube.com\/embed\/jtVjDkBj6ns?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><strong>Key highlights from TIPS Industries Limited (<a href=\"https:\/\/44.250.171.167\/symbol\/TIPSINDLTD\/\">TIPSINDLTD<\/a>) Q1 FY23 Earnings Concall<\/strong><\/p>\n<p><strong>Management Update:<\/strong><\/p>\n<ul>\n<li>TIPSINDLTD said that in 1Q23 the company released 185 new songs, the highest in any quarter so far.<\/li>\n<\/ul>\n<p><strong>Q&amp;A Highlights:<\/strong><\/p>\n<ul>\n<li>Rakesh Wadhwani from Monarch Networth enquired about the approx. content cost for FY23 and FY24. Kumar Taurani MD replied that the exact numbers cannot be given, but it will be huge amount, about double of FY22.<\/li>\n<\/ul>\n<ul>\n<li>Ankush Agrawal of Surge Capital asked if the company has had any talks with Facebook on deal renewal. Kumar Taurani MD said that it\u2019s not happened but Facebook has to decide the ad revenue sharing model worldwide. However, the usage of content in the platform is very well.<\/li>\n<\/ul>\n<ul>\n<li>Vishal Bagaria from Roha Asset asked about revenue not growing QonQ proportionate to YouTube viewership growth. Girish Taurani ED replied that it\u2019s because the YouTube CPMs have gone down a little bit in 1Q23. However, compared to others TIPS is doing well and kept it in line with 4Q22.<\/li>\n<\/ul>\n<ul>\n<li>Vishal Agarwal with Leo Capital asked about margin outlook for next 2-3 years. Kumar Taurani MD answered that margins will be little less; should be probably 15%. Revenue will grow by 25-30% and margins by 15-20% YonY.<\/li>\n<\/ul>\n<ul>\n<li>Vishal Agarwal with Leo Capital also enquired that of this revenue growth of 25-30%, how much will come from the existing catalogue and how much from new. Kumar Taurani MD clarified that new releases will contribute to 25% and catalogue would be 5-10% more YonY.<\/li>\n<\/ul>\n<ul>\n<li>Vishal Agarwal with Leo Capital asked that from a revenue contribution perspective, how much comes from YouTube and streaming platform. Kumar Taurani MD answered hat 75-78% comes from total digital pie; 50% YouTube and 25-28% ex-YouTube.<\/li>\n<\/ul>\n<ul>\n<li>Saket Mehrotra from Tusk Investments asked about the timeline for the listing of the films business. Kumar Taurani MD said that it will happen within the next 10-15 days.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>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&amp;A Highlights: Rakesh Wadhwani from Monarch Networth enquired about the approx. content cost for FY23 and FY24. Kumar Taurani MD replied that the exact [&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":"TIPS Industries Limited Q1 FY23 Earnings Conference Call Insights #TIPSINDLTD #Q1 #FY23 #earnings","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-132550","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":130450,"url":"https:\/\/alphastreet.com\/india\/tips-industries-limited-q4-fy22-earnings-conference-call-insights\/","url_meta":{"origin":132550,"position":0},"title":"TIPS Industries Limited Q4 FY22 Earnings Conference Call Insights","author":"Praveen","date":"June 2, 2022","format":false,"excerpt":"Key highlights from TIPS Industries Limited (TIPSINDLTD) Q4 FY22 Earnings Concall Q&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\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":126726,"url":"https:\/\/alphastreet.com\/india\/tips-industries-limited-q3-fy22-earnings-conference-call-insights\/","url_meta":{"origin":132550,"position":1},"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":133714,"url":"https:\/\/alphastreet.com\/india\/grasim-industries-limited-q1-fy23-earnings-conference-call-insights\/","url_meta":{"origin":132550,"position":2},"title":"Grasim Industries Limited Q1 FY23 Earnings Conference Call Insights","author":"Praveen","date":"September 2, 2022","format":false,"excerpt":"https:\/\/youtu.be\/xRtcn91-REs Key highlights from Grasim Industries Limited (GRASIM) Q1 FY23 Earnings Concall Management Update: [00:02:49] GRASIM said its Chlor-Alkali and Textile businesses reported highest ever quarterly EBITDA, driven by better realization and sales volume. [00:03:43] GRASIM said it expects FY23 capex guidance of INR3,117 crores for the existing lines of\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":139168,"url":"https:\/\/alphastreet.com\/india\/tips-industries-limited-tipsindltd-q3-fy23-earnings-concall-transcript\/","url_meta":{"origin":132550,"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":136265,"url":"https:\/\/alphastreet.com\/india\/tips-industries-limited-tipsindltd-q2-fy23-earnings-concall-transcript\/","url_meta":{"origin":132550,"position":4},"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. 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