Investor Presentation

July 22, 2026 To, To, Listing Department Listing Department BSE Limited National Stock Exchange of India Limited P.J Towers, Dalal Street, Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Fort, Mumbai - 400 001 Bandra Kurla Complex, Bandra (E), Mumbai - 400 050 Scrip Code: 532375 Symbol: TIPSMUSIC Subject: Submission of Investor Presentation Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we enclose herewith a copy of Investor Presentation with respect to Unaudited Financial Results of the Company for the quarter ended June 30, 2026. The same shall be uploaded on our website https://tips.in We request you to kindly take the above information on record. Thanking You, For TIPS MUSIC LIMITED (Formerly known as Tips Industries Limited) Bijal R. Patel Company Secretary Encl: a/a Investor Presentation Q1 FY27 Safe harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Tips Music Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the Company’s ability to successfully implement its strategy, the Company's future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cashflows, the Company's market preferences and its exposure to market risks, as well as other risks. The Company's actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections. All Maps used in the Presentation are not to scale. All data, information and maps are provided "as is" without warranty or any representation of accuracy, timeliness or completeness. Company Overview KEY FACTS Founded Year 1988 Only listed player to expense off 100% of content cost in the quarter of release Website www.tips.in Catalogue comprises of music in over Debt free company with Established 25 languages available across multiple platforms ₹ 345 cr of cash & capability globally investments Industry Media & Entertainment 96 75% 25+ 158.3 mn Target Employees Revenue through digital Partners across subscribers on Indian (Q1FY2027) platforms (Q1FY2027) media business YouTube Subcontinent & Diaspora What Makes Us Unique Optimising Capital Allocation Optimising Capital Key Growth Drivers Ahead Allocation Key Growth Drivers Ahead Sustainably Increasing market share Sustainably Increasing T Whea vSeubscription market share The Subscription Wave OGluorb Caol nPtlaetnfot rPmowsers Our Content Powers Global Platforms Growing listenership Increasing Content Addition Growing listenership & Increasing Content Addition UReplceoamseinsg Music Upcoming Music Releases Optimising Capital Allocation through Buybacks & Dividends (Crs) Reducing Equity Shares* 275 271 267 17.31 -26% 15.96 89 15.36 77 14.32 62 56 59 47 45 12.97 12.84 12.78 12.78 12.78 33 19 21 41 3 2 2 0.51 0 2 5 4 7 2 14 2 2 0.3 2 13 0 .0 3 0.1 3 0.36 0.3 0.3 0.2 0.1 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 Q1FY27 Net Cash/Debt Content Cost Interest Cost Dividend Buybacks 2009 2010 2013 2016 2020 2023 2024 2025 2026 *Note : No. of shares after share split Sustainably Increasing Market Share: Revenues Surged 2x in Last 3 Years Music Sector* Revenues (₹ Crs) (₹ Crs) 5,527 376 8.3% 4,716 4,348 +29.0% 3,979 3,906 CY23 CY24 CY25 CY26E# CY28E# FY22 FY23 FY24 FY25 FY26 *Source: EY-FICCI M&E Report 2026; # EY Estimates. Note: Music industry revenue are presented net-of-tax, live performance and artist management. Our Content Powers Global Platforms Digital Platforms Sync Deals Content Broadcasters Key Growth Drivers Ahead Subscription Monetization of shorts Public Performance Rights Royalty from AI • Industry Subscription Shorts consumption far exceeds • Industry Revenue is growing Warner Music Group (WMG) Revenue is growing by other digital formats; at approx. 40-50% CAGR and and Universal Music Group approx. 40-50% CAGR monetization can significantly expected to surpass INR (UMG) have signed a spate of 2,500-3,000 crores over the step up revenues deals in the AI space including • Spotify expects the number next 5 years UMG's recent deal with • Current fixed price model of paid subscribers in India Nvidia will migrate to share of • Better Intellectual Property to reach 150 million advertising revenue (IP) monetization through • Music Industry's aim is to • Over 1 trillion Shorts have stronger enforcement of create a legal framework • Post consolidation of music public performance rights for training AI on been viewed in India since platforms the top 4 players copyrighted music and use its 2020 launch are investing heavily in AI ethically to protect the growing subscribers rights of Creators and copyright holders *Source: EY-FICCI M&E Report 2025;EY-FICCI M&E Report 2026; Industry News: Financial Content Global Subscription Streams Account For 3x the Revenue of Ad-supported Streams Global Music Revenue Sources 2.2% 2.0% 2.8% 2.5% 9.3% 9.7% 16.6% CY2024 16.4% CY2025 51.2% 52.4% 17.1% 17.7% Subscription audio streams Ad-supported streams Synchronisation Performance rights Physical Download & Other digital In 2025, streaming comprised 69.6% of total revenues and of all streams were subscription based STREAMING PHYSICAL PERFORMANCE RIGHTS Global music labels earn 50-90 paise per stream, whereas Physical formats grew by US$390 million, reaching US$5.3 Performance rights revenues grew by 0.3% in 2025, labels in India earn 4-10 paise per stream billion globally in 2025, an 8.0% increase and the fastest reaching US$2.9 billion, and accounting for 9.3% of growth rate across all segments global recorded music revenue *Source: IFPI GMR (2026), News Article Growing Listenership & Increasing Content Addition Evergreen & Rich content of over 38,000 songs across Annual YouTube Views (in. Bn) genres, languages & decades giving us high visibility of +37% music revenue 228.3 210.4 193.9 New Songs Added 112.7 59.6 New releases in Q1FY27 FY22 FY23 FY24 FY25 FY26 Quarterly YouTube Views (in. Bn) 56.7 57.4 52.0 53.2 48.5 FY24 F [Showing first 8,000 characters — download PDF for full document]