Redtape Limited

Redtape Limited

107.80
INR
-1.95
(-1.78%)
4.45EPS
30.52P/E
75.10BMarket Cap
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
5.48
26.39
33.14
36.51
43.71
44
Basic EPS, GAAP
0.53
2.57
3.19
3.08
4.35
4.45
Free Cash Flow per Basic Share
-0.09
-0.34
-0.64
-1.97
1.59
- -
Dividend per Share
- -
- -
- -
0.5
0.25
- -
Book Value per Share
6.08
8.62
11.73
14.27
18.48
- -
Tangible Book Value per Share
5.99
8.51
11.58
14.1
18.32
- -
Basic Weighted Avg Shares
553
553
553
553
553
554
Sales/Revenue/Turnover
3,030
14,587
18,320
20,183
24,164
24,357
Operating Margin (%)
14.86
13.71
14.47
6.79
11.28
14.28
Depreciation Expense
24
444
592
834
879
906
Net Income, GAAP
290
1,422
1,762
1,700
2,406
2,464
Effective Tax Rate (%)
28.82
24.83
25.4
27.01
25.8
26.63
Profit Margin (%)
9.58
9.74
9.62
8.42
9.95
10.12
Working Capital
2,460
2,187
2,960
3,566
5,484
- -
LT Debt
1,425
1,908
3,160
3,387
3,080
- -
Total Equity
3,359
4,768
6,484
7,888
10,214
- -
Return on Invested Capital (%)
- -
23.96
21.01
8.62
12.62
- -
Return on Capital (%)
- -
24.29
21.5
15.7
17.95
- -
Return on Common Equity (%)
- -
34.99
31.33
23.66
26.58
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
4,119
- -
LT Borrowings
- -
143
- -
LT Finance Leases
- -
2,937
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
553
553
553
Market Capitalization
68,438
60,671
75,099

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
15,183
- -
Cash, Cash Equivalents & STI
- -
267
- -
Accounts Receivable, Net
- -
2,102
- -
Inventories
- -
11,525
- -
Total Current Liabilities
- -
9,699
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
4,119
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
29.48%
Free Cash Flow
- -
- -
-180.89%
Net Income, GAAP
- -
- -
41.5%
Sales/Revenue/Turnover
- -
- -
19.73%
Total Cash Common Dividend
- -
- -
-50%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4,419
4,158
6,611
5,060
20,183
2026
4,643
4,924
7,866
6,755
24,164
2027
4,813
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.55
0.45
1.32
0.75
3.08
2026
0.7
0.5
1.89
1.26
4.35
2027
0.8
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
0.25
2027
- -
- -
- -
- -
- -

Company Description

CEO
Shuja Mirza
Full Time Employees
749
Sector
Retail trade
Industry
Apparel/Footwear retail
Address
Plot No - 08, Sector 90 Noida UP India 201301
IPO Date
Aug 11, 2023
Business
Redtape Limited manufactures and markets footwear, apparel and accessories for men, women and children through an omni-channel network encompassing over 435 company-operated stores across India, online platforms and multi-brand outlets; core products include casual sneakers, sports and walking shoes, lifestyle casual footwear, athleisure sports shoes, boots, formal shoes, leather belts, wallets and clothing such as fashion apparel; operations extend to exports across 17 countries on six continents including the UK, US, Australia, Turkiye, UAE, France, Germany, West Asia and South Africa. Founded in 1996 and headquartered in Noida, India, the company maintains an integrated footwear manufacturing unit and emphasizes product innovation, international styles, world-class quality and sustainable practices including environment-friendly operations to minimize waste and resource impact. Demerged from parent Mirza International in 2023, Redtape declared an interim dividend of ₹2 per share and proposed a 3:1 bonus issue along with an increase in authorised share capital from ₹30 crore to ₹112 crore in late 2024; it continues strong revenue growth with consolidated sales reaching ₹2,021 crore for fiscal year 2025 and reported unaudited Q2 FY26 standalone income of ₹501 crore alongside investor presentations highlighting robust Q2/H1 performance ending September 30, 2025.