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Tips Music targets 20% growth as paid streaming expands in India
Tips Music expects paid music-streaming adoption in India to lift licensing revenue, targets 20% growth, and is negotiating a revised YouTube Shorts licensing deal. It plans to return nearly all FY26 profit through a ₹44.5 crore buyback and dividends.
Reported figures
From the report. Source details below
| Spotify projects 15 crore India subscribers | over 8-10 years |
|---|---|
| FY27 EBITDA margin guidance of | 65-70% |
| Maximum buyback price of | ₹750 per share |
| Market capitalisation of | ₹8,500.16 crore |
Also in the report
- 22-25% of annual revenue allocated to content acquisition
The source
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