Tips Films Limited submitted a regulatory filing to the National Stock Exchange of India Limited regarding the outcome of its Board Meeting held on October 29, 2026. The meeting commenced at 1:00 PM and concluded at 1:50 PM.

The Board considered and approved the Unaudited Financial Results (Standalone) along with the Limited Review Report for the quarter and half year ended September 30, 2026. The filing was made pursuant to Regulation 30 & 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Results Highlights (Quarter Ended September 30, 2026)

  • Net sales/income from operations: ₹620.70 lakhs
  • Other Income: ₹2.34 lakhs
  • Total income from operations (net): ₹623.04 lakhs
  • Cost of Production of films: ₹596.91 lakhs
  • Employee benefits expense: ₹15.80 lakhs
  • Depreciation and Amortization Expenses: ₹1.93 lakhs
  • Other expenses: ₹13.77 lakhs
  • Total expenditure: ₹628.40 lakhs
  • Loss from operations before tax: ₹(5.36) lakhs
  • Net Loss for the period after tax: ₹(5.36) lakhs
  • Other Comprehensive income/(Expenses): ₹0.69 lakhs
  • Total Comprehensive Income for the period: ₹(4.67) lakhs
  • Basic & Diluted EPS: ₹(1.24)

Financial Results Highlights (Half Year Ended September 30, 2026)

  • Net sales/income from operations: ₹1,100.34 lakhs
  • Other Income: ₹5.12 lakhs
  • Total income from operations (net): ₹1,105.46 lakhs
  • Cost of Production of films: ₹1,339.29 lakhs
  • Employee benefits expense: ₹30.87 lakhs
  • Depreciation and Amortization Expenses: ₹3.93 lakhs
  • Other expenses: ₹30.85 lakhs
  • Total expenditure: ₹1,404.94 lakhs
  • Loss from operations before tax: ₹(299.47) lakhs
  • Net Loss for the period after tax: ₹(299.47) lakhs
  • Other Comprehensive income/(Expenses): ₹0.69 lakhs
  • Total Comprehensive Income for the period: ₹(298.78) lakhs
  • Basic & Diluted EPS: ₹(69.28)

Comparative Figures

Quarter Comparison (Q2 FY2026 vs Q2 FY2025):

  • Net sales decreased from ₹564.86 lakhs (Q2 FY2025) to ₹620.70 lakhs (Q2 FY2026)
  • Net loss improved from ₹(142.52) lakhs (Q2 FY2025) to ₹(5.36) lakhs (Q2 FY2026)

Half Year Comparison (H1 FY2026 vs H1 FY2025):

  • Net sales decreased from ₹1,518.51 lakhs (H1 FY2025) to ₹1,100.34 lakhs (H1 FY2026)
  • Net loss worsened from ₹(95.07) lakhs (H1 FY2025) to ₹(299.47) lakhs (H1 FY2026)

Balance Sheet Highlights (as at September 30, 2026)

  • Total Assets: ₹2,249.68 lakhs
  • Non-Current Assets: ₹885.74 lakhs (including Property, Plant and Equipment: ₹76.42 lakhs, Investment Property: ₹108.24 lakhs)
  • Current Assets: ₹1,363.94 lakhs (including Trade Receivables: ₹342.57 lakhs, Cash and Cash Equivalents: ₹17.79 lakhs)
  • Total Equity: ₹0.08 lakhs
  • Non-Current Liabilities: ₹26.08 lakhs
  • Current Liabilities: ₹2,223.53 lakhs

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Net cash flows from operating activities: ₹1,274.84 lakhs
  • Net cash flows from investing activities: ₹(28.29) lakhs
  • Net cash flows from financing activities: ₹277.12 lakhs
  • Net increase in cash and cash equivalents: ₹214.54 lakhs
  • Cash and cash equivalents at beginning: ₹39.24 lakhs
  • Cash and cash equivalents at end: ₹17.79 lakhs

Notes to Financial Results

1. Results prepared in accordance with Indian Accounting Standards (Ind AS)

2. Results reviewed by Audit Committee on September 29, 2026 and approved by Board on September 24, 2026

3. Company has only one reportable business segment: Films Production and Distribution

4. Quarterly results may not be representative of annual results due to uneven revenue accrual

5. No consolidated financial statements as company has no subsidiaries, associates, or joint ventures

6. Previous year included impact of ₹3.74 lakhs from New Labour Codes on Employee Benefit Expense

7. Figures for quarter are balancing figures between audited annual figures and published year-to-date figures

8. Previous period figures regrouped/rearranged for comparability

Signatories and Authentication

The document was digitally signed by Supriya Rahul Gupta, Company Secretary, on October 29, 2026 at 1:58:36 PM. The limited review report was issued by Maheshwari & Co. Chartered Accountants (Firm Registration No. 105834W) represented by K. K. Maloo (Partner, Membership No. 075872). The financial statements were signed by Kumar S Taurani, Chairman & Executive Director.