Tips Music declares interim dividend of ₹6.5 per share
Tips Music (TIPSMUSIC) said its board has declared a interim dividend of ₹6.5 per equity share. The company is valued at about ₹8,797 crore.
What happened
In a filing with the BSE on 15 October 2026 at 01:56 PM, Tips Music (TIPSMUSIC) said that its board has declared a interim dividend of ₹6.5 per equity share.
From the filing: "Declared the first interim dividend for the financial year 2026-2027 of Rs. 6.50/- per equity share (i.e. 650%) on the fully paid-up equity shares of the face value of Re. 1/- per share. 3."
How big is it?
At the latest price of ₹688.2, the ₹6.5 payout amounts to 0.94% of the share price.
Company snapshot
Tips Music is a small-cap company in the Media Entertainment & Publication sector, with a market value of about ₹8,797 crore.
The stock last traded at ₹688.2, against a 52-week range of ₹481.2–₹741 (7.1% below the high).
Before this filing the shares had moved +8.6% over the month and +6.5% over three months. Average daily turnover over the last 20 sessions was about ₹22.78 crore.
Promoters held 64.15% at the end of Q1 FY27. Foreign institutions owned 7.99% and domestic institutions 5.36%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 88 | 45.8 | 3.59 |
| Q2 FY26 | 89 | 53.2 | 4.16 |
| Q3 FY26 | 94 | 58.7 | 4.59 |
| Q4 FY26 | 104 | 59.1 | 4.62 |
| Q1 FY27 | 107 | 43.7 | 3.42 |
What history shows
BCEIE has no earlier dividend filing from this company on record since May 2026.
Market-wide, 842 dividend filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 43% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- 15 October 2026: Board meeting — Financial Results/Dividend.
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.