SWOT Analysis
- S
- W
- O
- T
-
Strength (3)
Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
-
Weakness (4)
Declining Revenue every quarter for the past 2 quarters but not the 2qtrs before that
-
Opportunity (1)
FII / FPI or Institutions increasing their shareholding
-
Threats (0)
- Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
- Companies with Low Debt
- Companies with Zero Promoter Pledge
- FII / FPI or Institutions increasing their shareholding
Technical Analysis
Moving Averages
- 5 Day 117.8
- 10 Day 118.3
- 12 Day 118.6
- 20 Day 120.1
- 26 Day 121.2
- 50 Day 124.4
- 100 Day 126.7
- 200 Day 129.0
Current Price
- Bullish Moving Averages 0
- Bearish Moving Averages 16
Resistance and support
- First Resistance 119.3
- Second Resistance 121.2
- Third Resistance 122.8
- First Support 115.7
- Second Support 114.0
- Third Support 112.1
Company Financials
- Profit and loss statement
- Balance sheet
- Quarterly Result
- Ratio
- CAGR IN 10 YEARS
- 26.22%
- 30.40%
- 28.57%
Mar 2026 (CR) |
Mar 2025 (CR) |
Mar 2024 (CR) |
Mar 2023 (CR) |
Mar 2022 (CR) |
||
|---|---|---|---|---|---|---|
| Sales | 2,414.51 | 2,018.46 | 1,831.87 | 1,458.82 | 296.94 |
|
| Operating Profit | 355.36 | 220.06 | 309.79 | 236.49 | 41.99 |
|
| OP Profit Margin | 14.72 | 10.90 | 16.91 | 16.21 | 14.14 |
|
| Interest | 73.17 | 54.17 | 36.51 | 17.44 | 3.97 |
|
| Profit After Tax | 244.16 | 184.48 | 169.80 | 136.07 | 25.44 |
|
| Cash Profit | 340.06 | 269.24 | 232.48 | 180.51 | 27.87 |
|
| EPS | 4.42 | 3.34 | 12.29 | 9.85 | 5,088.00 |
|
- CAGR IN 10 YEARS
- 13.33%
- 16.14%
- 15.39%
Mar 2026 (CR) |
Mar 2025 (CR) |
Mar 2024 (CR) |
Mar 2023 (CR) |
Mar 2022 (CR) |
||
|---|---|---|---|---|---|---|
| Equity | 110.56 | 110.56 | 27.64 | 27.64 | 0.01 |
|
| Reserve Surplus | 914.02 | 677.55 | 604.53 | 438.47 | 332.27 |
|
| TOT Debts | 719.78 | 723.59 | 479.34 | 259.87 | 187.18 |
|
| Gross Block | 1,099.54 | 991.87 | 858.77 | 544.68 | 303.29 |
|
| Capital Work In Progress | 25.00 | 46.29 | 17.40 | 71.09 | 17.06 |
|
| Cash Liquid Investment | 9.14 | 11.53 | 8.21 | 14.85 | 8.05 |
|
| Net Working Capital | 962.40 | 741.31 | 443.79 | 274.87 | 284.00 |
|
| Current Assets | 1,602.96 | 1,535.89 | 978.56 | 816.10 | 480.36 |
|
| Current Liabilities | 640.56 | 794.58 | 534.77 | 541.23 | 196.36 |
|
Jun 2026 (CR) |
Mar 2026 (CR) |
Dec 2025 (CR) |
Sep 2025 (CR) |
Jun 2025 (CR) |
||
|---|---|---|---|---|---|---|
| Sales | 480.34 | 674.16 | 785.85 | 491.44 | 463.06 |
|
| Gross Profit | 86.48 | 119.92 | 161.08 | 63.83 | 70.40 |
|
| Gross Profit Margins | 97.04 | 98.35 | 98.42 | 97.11 | 96.98 |
|
| Operating Profit | 85.78 | 112.32 | 147.61 | 73.01 | 77.73 |
|
| OP Profit Margin | 16.10 | 16.68 | 19.91 | 12.41 | 14.21 |
|
| Interest | 14.51 | 14.92 | 17.96 | 18.78 | 16.38 |
|
| Profit After Tax | 46.92 | 71.17 | 105.72 | 27.96 | 39.31 |
|
| Cash Profit | 70.56 | 93.57 | 128.26 | 49.60 | 60.29 |
|
| EPS | 0.85 | 1.29 | 1.91 | 0.51 | 0.71 |
|
- CAGR IN 10 YEARS
- 13.33%
- 16.14%
- 15.39%
Mar 2026 (CR) |
Mar 2025 (CR) |
Mar 2024 (CR) |
Mar 2023 (CR) |
Mar 2022 (CR) |
||
|---|---|---|---|---|---|---|
| PE | 24.85 | 43.72 | 53.51 | 0.00 | 0.00 |
|
| P/BV | 5.92 | 10.23 | 14.37 | 0.00 | 0.00 |
|
| MCAP Sales | 2.51 | 4.00 | 4.96 | 0.00 | 0.00 |
|
| Asset Turnover | 1.48 | 1.53 | 1.98 | 2.16 | 0.48 |
|
| EV/EBITDA | 13.88 | 22.84 | 29.63 | 0.00 | 0.00 |
|
| DEBT/EQUITY | 0.80 | 0.85 | 0.67 | 0.56 | 0.56 |
|
| ROE | 26.94 | 25.98 | 30.92 | 34.09 | 7.66 |
|
| ROCE | 24.55 | 22.90 | 28.58 | 29.38 | 6.37 |
|
Quick Results Snapshot
Q1FY27 Quarterly Result Announced for Redtape Ltd.
Footwear company Redtape announced Q1FY27 results
Consolidated Financial Highlights:
- Total Income for Q1FY27 stood at Rs 49,642 lakh, representing a decrease of 28.86% QoQ from Rs 69,783 lakh in Q4FY26 and a decrease of 2.16% YoY from Rs 50,739 lakh in Q1FY26.
- Revenue from Operations for Q1FY27 was Rs 48,128 lakh, down 28.75% QoQ from Rs 67,551 lakh in Q4FY26, but up 3.65% YoY from Rs 46,431 lakh in Q1FY26.
- Profit before exceptional items and tax for Q1FY27 stood at Rs 6,040 lakh, reflecting a 37.31% QoQ decline from Rs 9,634 lakh in Q4FY26, while showing a 23.99% YoY increase from Rs 4,871 lakh in Q1FY26.
- Net Profit for Q1FY27 was Rs 4,448 lakh, recording a decrease of 36.35% QoQ compared to Rs 6,988 lakh in Q4FY26 and a 15.11% YoY increase from Rs 3,860 lakh in Q1FY26.
- Total Comprehensive Income for Q1FY27 stood at Rs 3,917 lakh, compared to Rs 7,733 lakh in Q4FY26 and Rs 3,762 lakh in Q1FY26.
- Earnings Per Share (EPS) for Q1FY27 was Rs 0.80, compared to Rs 1.26 in Q4FY26 and Rs 0.70 in Q1FY26.
Standalone Financial Highlights:
- Total Income for Q1FY27 was Rs 49,555 lakh, showing a decrease of 28.87% QoQ from Rs 69,668 lakh in Q4FY26 and a 2.07% YoY decrease from Rs 50,603 lakh in Q1FY26.
- Revenue from Operations for Q1FY27 stood at Rs 48,034 lakh, representing a 28.75% QoQ decline from Rs 67,416 lakh in Q4FY26 and a 3.73% YoY growth from Rs 46,306 lakh in Q1FY26.
- Profit before exceptional items and tax in Q1FY27 was Rs 6,284 lakh, down 35.56% QoQ from Rs 9,752 lakh in Q4FY26, but up 27.16% YoY from Rs 4,942 lakh in Q1FY26.
- Net Profit for Q1FY27 reached Rs 4,692 lakh, a decrease of 34.07% QoQ from Rs 7,117 lakh in Q4FY26 and an increase of 19.36% YoY from Rs 3,931 lakh in Q1FY26.
- Total Comprehensive Income for Q1FY27 stood at Rs 4,167 lakh, as against Rs 7,887 lakh in Q4FY26 and Rs 3,832 lakh in Q1FY26.
- Earnings Per Share (EPS) for Q1FY27 was Rs 0.85, compared to Rs 1.29 in Q4FY26 and Rs 0.71 in Q1FY26.
Business Highlights:
- Subsidiary Contribution: The consolidated results include the financial information of Redtape Bangla Limited, Redtape HK Limited, Redtape London Limited, and Redtape (Quanzhou) Sports Goods Co. Limited. These subsidiaries contributed total revenues from operations of Rs 94 lakh and a total comprehensive income loss of Rs (250) lakh for Q1FY27.
- Search Operations: The company provided an update regarding the search operations conducted by Income Tax authorities in September 2025 at certain premises and residences of Directors and employees.
Stocks Comparison
Table
Chart
Company name |
LTP |
Market cap (Cr) |
Return (1Y %) |
Risk (Std. Dev.) |
PE Ratio |
Financial Year |
|---|---|---|---|---|---|---|
| Redtape Ltd | 117.35 | 6,487.20 | -22.67 | 0.09 | 26.39 | Mar 2026 |
| V2 Retail Ltd | 214.03 | 7,804.34 | 19.45 | 0.11 | 43.53 | Mar 2026 |
| Electronics Mart India Ltd | 196.28 | 7,551.85 | 32.91 | 0.20 | 36.61 | Mar 2026 |
| Shoppers Stop Ltd | 399.75 | 4,405.47 | -27.43 | 0.10 | -127.50 | Mar 2026 |
| Baazar Style Retail Ltd | 386.75 | 2,943.84 | 3.58 | 0.22 | 62.39 | Mar 2026 |
| Vintage Coffee & Beverages Ltd | 174.19 | 2,551.68 | 11.01 | 0.09 | 32.39 | Mar 2025 |
| Landmark Cars Ltd | 504.50 | 2,091.90 | -21.91 | 0.13 | 46.35 | Mar 2025 |
| Hindware Home Innovation Ltd | 172.08 | 1,439.39 | -48.51 | 0.16 | -249.42 | Mar 2026 |
| Sai Silks (Kalamandir) Ltd | 78.26 | 1,200.24 | -52.83 | 0.14 | 8.80 | Mar 2026 |
| Popular Vehicles & Services Ltd | 98.77 | 703.22 | -29.09 | 0.15 | -301.06 | Mar 2026 |
| Patel Retail Ltd | 205.77 | 687.28 | -14.35 | 0.18 | 16.49 | Mar 2025 |
| Credo Brands Marketing Ltd | 73.63 | 481.50 | -37.93 | 0.12 | 11.17 | Mar 2026 |
| Shankara Building Products Ltd | 149.26 | 361.95 | -39.20 | 0.12 | 72.54 | Mar 2026 |
| Spencers Retail Ltd | 28.38 | 255.79 | -51.16 | 0.16 | -1.05 | Mar 2026 |
| Brand Concepts Ltd | 153.10 | 191.10 | -53.54 | 0.16 | 187.17 | Mar 2025 |
| Praxis Home Retail Ltd | 4.09 | 76.00 | -66.20 | 0.24 | -1.26 | Mar 2026 |
| Archies Ltd | 12.29 | 41.52 | -37.42 | 0.15 | -7.02 | Mar 2025 |
| Heads UP Ventures Ltd | 6.71 | 14.82 | -38.89 | 0.11 | -4.99 | Mar 2025 |
| JHS Svendgaard Retail Ventures Ltd | 17.69 | 14.51 | -52.16 | 0.14 | -80.91 | Mar 2026 |
| IFL Enterprises Ltd | 0.33 | 0.00 | -54.79 | - | -11.00 | Mar 2025 |
Corporate Action
- Announcement
- Board Meeting
- Dividend
- Split
- Rights
- Events
Clarification sought from Redtape Ltd
Sep 16, 2026The Exchange has sought clarification from Redtape Ltd on September 16 2026 with reference to Movement in Volume. <BR><BR>The reply is awaited.
Shareholder Meeting / Postal Ballot-Scrutinizers Report
Aug 26, 2026Voting Results of the 5th Annual General Meeting and Scrutinizer Report
Redtape Limited - Change in Management
Aug 26, 2026Redtape Limited has informed the Exchange about change in Management
Redtape Limited - Shareholders meeting
Aug 25, 2026Redtape Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 25, 2026
Shareholder Meeting / Postal Ballot-Outcome of AGM
Aug 25, 2026Outcome/ Proceedings of 5th Annual General Meeting of the Company held on August 25 2026
| Ex-Date | Purpose | Notes |
|---|---|---|
| 2026-08-10 | Quarterly Results | |
| 2026-05-26 | Audited Results & Final Dividend | |
| 2026-02-12 | Quarterly Results | |
| 2025-11-14 | Quarterly Results | |
| 2025-08-14 | Quarterly Results | |
| 2025-05-27 | Audited Results & Final Dividend | |
| 2025-02-12 | Quarterly Results | |
| 2024-12-26 | Interim Dividend, Bonus issue & Others | To consider other business matters. |
| 2024-11-13 | Quarterly Results | |
| 2024-08-14 | Quarterly Results | |
| 2024-05-29 | Audited Results | (Revised) |
| 2024-01-24 | Quarterly Results | |
| 2023-11-09 | Quarterly Results |
| Ex-Date | Dividend Amount | Dividend Type | Record Date | Instrument Type |
|---|---|---|---|---|
| 2026-07-31 | 2 | FINAL | 2026-07-31 | Equity Share |
| 2025-08-01 | 0.25 | FINAL | 2025-08-01 | Equity Share |
| 2025-01-03 | 2 | INTERIM | 2025-01-03 | Equity Share |
| Event Date | Event |
|---|---|
| Feb 04, 2025 | Bonus |
Insider & Institutional Activity
- Bulk Block Deals
- Insider Trading & SAST
Client name |
Client Category |
Action |
Reported to Exchange |
Quantity |
Post Transaction Holding |
Avg. Price |
Regulation (Insider/SAST) |
Mode |
|---|---|---|---|---|---|---|---|---|
| Icici Prudential Mutual Fund | Other |
Acquisition |
2026-06-09 | 11,293,510 | 39,041,362 | SAST 29(2) | Market | |
| Haya Mirza | Promoter Group |
Acquisition |
2026-03-17 | 35,000 | 236,400 | 114.31 | Insider Trading | Market Purchase |
| Fauzia Mirza | Promoter Group |
Acquisition |
2026-03-17 | 40,000 | 300,000 | 111.69 | Insider Trading | Market Purchase |
| Haya Mirza | Promoter Group |
Acquisition |
2026-03-05 | 20,000 | 201,400 | 117.42 | Insider Trading | Market Purchase |
| Yusra Mirza | Promoter Group |
Acquisition |
2026-03-05 | 3,500 | 25,500 | 113.61 | Insider Trading | Market Purchase |
| Fauzia Mirza | Promoter Group |
Acquisition |
2026-03-05 | 40,000 | 260,000 | 114.95 | Insider Trading | Market Purchase |
| Yusra Mirza | Promoter Group |
Acquisition |
2026-03-03 | 22,000 | 22,000 | 116.76 | Insider Trading | Market Purchase |
| Haya Mirza | Promoter Group |
Acquisition |
2026-03-03 | 61,000 | 181,400 | 114.53 | Insider Trading | Market Purchase |
| Rashid Ahmed Mirza | Promoter |
Acquisition |
2026-01-20 | 124,489,980 | 197,962,700 | SAST 29(2) | Off Market Transfer | |
| Rashid Ahmed Mirza | Promoter |
Acquisition |
2026-01-20 | 124,489,980 | SAST 10(5) | |||
| Rashid Ahmed Mirza | Other |
Acquisition |
2026-01-20 | 124,489,980 | SAST 10(6) | - | ||
| Yasmin Mirza | Promoter |
Disposal |
2026-01-20 | 124,489,980 | SAST 29(2) | Off Market Transfer | ||
| Rashid Ahmed Mirza | Promoter |
Acquisition |
2025-12-23 | 124,489,980 | 197,962,700 | Insider Trading | Gift | |
| Yasmin Mirza | Promoter Group |
Disposal |
2025-12-23 | 124,489,980 | 0 | Insider Trading | Gift | |
| Tauseef Ahmad Mirza | Promoter |
Disposal |
2025-12-03 | 18,000 | 320,000 | 129.46 | Insider Trading | Market Sale |
| Tauseef Ahmad Mirza | Promoter |
Disposal |
2025-11-29 | 33,000 | 341,000 | 133.42 | Insider Trading | Market Sale |
| Tauseef Ahmad Mirza | Promoter |
Disposal |
2025-11-29 | 3,000 | 338,000 | 129.70 | Insider Trading | Market Sale |
| Fauzia Mirza | Promoter Group |
Acquisition |
2024-08-21 | 5,000 | 55,000 | 656.69 | Insider Trading | Market Purchase |
| Haya Mirza | Promoter Group |
Acquisition |
2024-08-21 | 10,600 | 30,100 | 660.62 | Insider Trading | Market Purchase |
| Icici Prudential Mutual Fund | Other |
Acquisition |
2024-07-24 | 260,000 | 6,936,963 | SAST 29(1) | Market | |
| Tauseef Ahmad Mirza | Promoter |
Acquisition |
2024-06-28 | 4,000 | 93,000 | 787.66 | Insider Trading | Market Purchase |
| Rashid Ahmed Mirza | Promoter |
Acquisition |
2024-06-19 | 32,500 | 18,368,180 | 767.34 | Insider Trading | Market Purchase |
| Yasmin Mirza | Promoter |
Disposal |
2024-03-27 | 38,354,025 | 31,122,495 | SAST 29(2) | Off Market Transfer | |
| Shuja Mirza | Other |
Acquisition |
2024-03-27 | 38,354,025 | SAST 10(6) | - | ||
| Shuja Mirza | Promoter |
Acquisition |
2024-03-27 | 38,354,025 | 49,458,174 | SAST 29(2) | Off Market / Inter se transfer | |
| Mr. Shuja Mirza | Promoter Group |
Acquisition |
2024-03-15 | 38,354,025 | 49,458,174 | Insider Trading | Gift | |
| Mrs Yasmin Mirza | Promoter Group |
Disposal |
2024-03-15 | 38,354,025 | 31,122,495 | Insider Trading | Gift | |
| Shuza Mirza | Promoter |
Acquisition |
2024-03-13 | 38,354,025 | SAST 10(5) | |||
| Yasmin Mirza | Other |
Acquisition |
2023-09-06 | 63,706,320 | SAST 10(6) | - | ||
| Tasneef Ahmad Mirza & Others | Promoter |
Disposal |
2023-09-05 | 19,503,504 | SAST 29(2) | Off Market Transfer | ||
| Tauseef Ahmad Mirza & Others | Promoter |
Disposal |
2023-09-05 | 22,147,413 | 89,000 | SAST 29(2) | Off Market Transfer | |
| Yasmin Mirza & Others | Promoter |
Acquisition |
2023-09-05 | 63,706,320 | 69,476,520 | SAST 29(1) | Off Market Transfer | |
| Shahid Ahmad Mirza & Others | Promoter |
Disposal |
2023-09-05 | 22,055,403 | 30,472 | SAST 29(2) | Off Market Transfer | |
| Yasmin Mirza & Others | Promoter |
Acquisition |
2023-09-05 | 63,706,320 | 69,476,520 | SAST 29(2) | Off Market Transfer | |
| Shahid Ahmad Mirza & Others | Promoter |
Disposal |
2023-08-31 | 22,055,403 | 30,472 | SAST 29(2) | Off Market Transfer | |
| Yasmin Mirza & Others | Promoter |
Acquisition |
2023-08-31 | 63,706,320 | 69,476,520 | SAST 29(2) | Off Market Transfer | |
| Tauseef Ahmad Mirza & Others | Promoter |
Disposal |
2023-08-31 | 22,147,413 | 89,000 | SAST 29(2) | Off Market Transfer | |
| Yasmin Mirza & Others | Promoter |
Acquisition |
2023-08-31 | 63,706,320 | 69,476,520 | SAST 29(1) | Off Market Transfer | |
| Tasneef Ahmad Mirza & Others | Promoter |
Disposal |
2023-08-31 | 19,503,504 | SAST 29(2) | Off Market Transfer | ||
| Tauseef Ahmad Mirza | Promoter |
Disposal |
2023-08-24 | 22,147,413 | 89,000 | Insider Trading | Gift | |
| Shahid Ahmad Mirza | Promoter |
Disposal |
2023-08-24 | 22,055,403 | 30,472 | Insider Trading | Gift | |
| Tasneef Ahmad Mirza | Promoter |
Disposal |
2023-08-24 | 19,503,504 | 0 | Insider Trading | Gift | |
| Yasmin Mirza | Promoter Group |
Acquisition |
2023-08-24 | 63,706,320 | 69,476,520 | Insider Trading | Gift | |
| Yasmin Mirza | Promoter |
Acquisition |
2023-08-23 | 63,706,320 | SAST 10(1)(a) |
About Redtape Ltd
Stock PE (TTM)
Promoter Holding
Book Value
ROCE
ROE
Redtape Limited was incorporated on December 8, 2021 as a wholly owned subsidiary of Mirza International Limited. Prior to the Scheme, the Company engaged in design, development, manufacturing, marketing, trading, export and retailing of leather footwear, sports shoes, garments & apparels, leather goods and accessories, and other related activities. In 2023-24, the Composite Scheme of Arrangement of RTS Fashions Private Limited, Mirza International Limited, the Company and their respective shareholders and creditors, which inter-alia, provided for amalgamation of RTS Fashions Private Limited with Mirza International Limited; and demerger of Branded Business/ Redtape Business of Mirza International Limited into the Company on a going concern basis. The said Scheme was sanctioned and thereafter, the Branded Business/ Redtape Business of Mirza International Ltd got demerged into the Company w.e.f February 25, 2023. On implementation of the Scheme of Arrangement for Demerger of the Redtape Business from MIL, Equity Shares were allotted in the ratio of 1:1 to all the shareholders of MIL. REDTAPE HK Limited was incorporated as subsidiary of the Company on August 4, 2023. The Company launched Ozark, built for the rugged outdoors in 2025. In 2026, the Company scaled as an outdoor and adventure-led brand. Bond Street was improved to serve fashion, casual and occasion-led to serve the customers. It opened more than 100 stores to reach the threshold of new markets.
Redtape share price as on 21 Sep 2026 is Rs. 117.35. Over the past 6 months, the Redtape share price has increased by 0.97% and in the last one year, it has decreased by 22.67%. The 52-week low for Redtape share price was Rs. 107.53 and 52-week high was Rs. 163.3.
WTD & Executive Director
Independent Non Exe. Director
Chairman & Exec. Director
Company Sec. & Compli. Officer
Independent Non Exe. Director
ED / MD / Promoter
Independent Non Exe. Director
Independent Non Exe. Director
WTD & Executive Director
543957
REDTAPE
INE0LXT01019
Aug
Redtape Ltd FAQs
You can buy Redtape Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Redtape Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Sep 18, 2026 03:58 PM the closing price of Redtape Ltd was Rs.117.35.
The latest PE ratio of Redtape Ltd as of Sep 18, 2026 03:58 PM is 26.39
The latest PB ratio of Redtape Ltd as of Sep 18, 2026 03:58 PM is 6.35
The 52-week high of Redtape Ltd share price is Rs. 163.30 while the 52-week low is Rs. 107.53
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Sep 18, 2026 03:58 PM, the market cap of Redtape Ltd stood at Rs. 6,487.20 Cr.
