REDTAPE Limited share price

NSE: REDTAPE · ISIN INE0LXT01019

Key numbers

Market cap
₹ 6,692 Cr
Current price
₹ 121.05
52-week high / low
₹ 159 / 108
Stock P/E
27.2
Book value
₹ 18.5
Dividend yield
1.65%
ROCE
24.2%
ROE
26.6%
Debt to equity
0.70
Sales growth (3 yrs)
18.3%
Profit growth (3 yrs)
19.2%
1-year return
-21.4%

About REDTAPE Limited

REDTAPE Limited engages in the retail sale of footwear, garments, accessories and allied products in India and internationally. It provides footwear, such as boots, casual and formal shoes, sandals, sliders/flip flops, and sports shoes; topwear, including jackets, shirts, sweaters, sweat shirts/hoodies, and T-shirts; bottomwear, such as jeans, trousers, shorts, jeggings, and pants; and sportswear comprising active T-shirts, trackpants/joggers, and shorts, as well as innerwear comprising briefs. The company also provides accessories, including wallets, socks, handkerchiefs, caps, belts, backpack, perfume, trolley bags, and handbags. It offers its products through exclusive brand outlets, e-commerce platforms, and other retail channels. The company offers its products under the RedTape, OZARK by RedTape, and BOND STREET by RedTape brand names. It also exports its products. REDTAPE Limited was founded in 1996 and is based in Noida, India.

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales464492787676481
Operating profit437317111184
Net profit39281057044
EPS (₹)0.700.501.891.260.80

Concall summary (2026-08-14)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • Q1 FY27 was a mixed quarter for discretionary consumption.
  • On the numbers specifically, standalone revenue for Q1 FY27 was INR480 crores compared with INR460 crores in Q1 FY26, reflecting growth of 3.7% year-on-year.

Growth & demand

  • Profit after tax grew 19.4% year-on-year to INR47 crores, marking RedTape's highest ever Q1 profit in absolute terms.
  • RedTape Limited August 11, 2026 Revenue on a standalone basis grew by 3.7% year-on-year, reflecting the resilience of the core India business despite an uneven demand environment in the early part of the quarter.

Margins & costs

  • At the same time, the quarter also saw near-term unevenness across channels and pressure across key cost lines including inputs, labour and sourcing.
  • We chose to protect consumer value and manage the cost environment through sharper execution across sourcing, supply chain and retail operations without taking price increases.

Capex & expansion

  • There was a strategic portfolio expansion in April 2026, RedTape acquired the rights to the globally recognized sportswear brand Sprandi for India, Bangladesh, Nepal, Bhutan, Sri Lanka and some other countries, strengthening its sports and athleisure portfolio.

Balance sheet & cash

  • As we move through the rest of the year, our priorities remain consistent, disciplined growth, stronger execution across channels, better operating leverage and continued focus on efficiency while protecting RedTape's consumer value proposition.
  • And also there are some operating leverage and optimized supply chain.

Peers in Footwear & Accessories

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