Redtape
Redtape Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Redtape Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Redtape Ltd trades at a P/E of 30.69× and P/B of 7.25×, against the Consumer Cyclical sector median P/E of 33.39×.
Valuation
Profitability
Growth
Financial Health
Redtape Ltd financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Redtape Ltd, switchable between annual and quarterly views, consolidated or standalone.
Redtape Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹7,507.13 Cr and reported EPS of ₹4.35.
| Period | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue from Operations | 1,843 | 2,021 | 2,419 |
| Other Income | 13 | 32 | 133 |
| Total Income | 1,856 | 2,053 | 2,552 |
| Cost of Goods Sold (COGS) | 949 | 1,080 | 1,377 |
| Gross Profit | 894 | 941 | 1,042 |
| +Operating Expenses | 579 | 606 | 694 |
| EBITDA | 315 | 335 | 347 |
| +Non-Operating Expenses | 92 | 134 | 156 |
| Profit Before Tax (PBT) | 236 | 233 | 324 |
| +Tax Expense | 60 | 63 | 84 |
| Profit After Tax (PAT) | 176 | 170 | 241 |
| Earnings Per Share (EPS) | 3.19 | 3.08 | 4.35 |
| Diluted Shares Outstanding (Nos.) | 55 | 55 | 55 |
| +Additional Disclosures | 2,568 | 2,899 | 3,610 |
| Sales Growth % | — | 9.66 | 19.69 |
| YoY Sales Growth % | — | 9.66 | 19.69 |
| Material Cost % | 3 | 3 | 2 |
| Employee Cost % | 5 | 6 | 5 |
| Other Cost % | 26 | 24 | 24 |
| OPM % | 17 | 17 | 14 |
| Tax % | 25 | 27 | 26 |
| Profit Growth % | — | -3.54 | 41.50 |
| Gross Margin % | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 |
| Additional Fields | 256 | 252 | 259 |
Redtape segment analysis: revenue and profit mix.
Disclosed business segments at Redtape with their share of revenue and profit, switchable between consolidated and standalone reporting.
Redtape discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Redtape Ltd investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Redtape Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Redtape Ltd's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Robust profitability. ROE 23.60%, ROCE 21.70% indicate efficient capital utilization.
Healthy OPM 17.00% and 26.00% quarterly profit growth show efficiency.
Significant promoter holding of 71.80% signals strong insider confidence.
Manageable debt-to-equity ratio of 0.92 reflects solid financial health.
Positive quarterly sales growth of 5.07% indicates increasing market demand.
What can break it.
High P/E ratio of 41.40 suggests potential stock overvaluation.
Current price ₹134.00 significantly below 52-week high ₹980.00 indicates volatility.
Low public shareholding of 13.60% may limit market liquidity.
Elevated Price-to-Book value of 9.38 indicates premium to intrinsic value.
Zero dividend yield offers no income for equity investors.
What would change my mind.
Trim if P/E re-rates above 40 (~1.2× the sector multiple of 33.4). The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 70.99. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 22%. The operating engine is no longer compounding capital efficiently.
Redtape Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Redtape Ltd is highlighted for quick read-across.
Quick Compare
Redtape Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Redtape Ltd — derived from the live tape, not yesterday's close.
Redtape Ltd last traded at ₹135.84 with an intraday range of ₹135.12–₹139.61 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹135.84| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 147.57 | +11.73 | +8.64% |
| R3 | 143.08 | +7.24 | +5.33% |
| R2 | 141.35 | +5.51 | +4.05% |
| R1 | 138.59 | +2.75 | +2.03% |
| PIVOT | 136.86 | 1.02 | 0.75% |
| CURRENT | 135.84 | — | — |
| S1 | 125.12 | -10.72 | -7.89% |
| S2 | 129.61 | -6.23 | -4.58% |
| S3 | 132.37 | -3.47 | -2.56% |
| S4 | 134.10 | -1.74 | -1.28% |
REDTAPE is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 135.12 ~ 137.49
Trading Inside opening range
Redtape Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Redtape Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Redtape Ltd stood at 42.5% of traded volume, against a 20-day average of 44.3%.
Redtape announcements: results, concalls, ratings, M&A.
Filings Redtape sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Redtape files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 104 documents below.
Analysts/Institutional Investor Meet/Con. Call Updates
Redtape Limited has informed the Exchange about Transcript
Copy of Newspaper Publication
Redtape Limited has informed the Exchange about Copy of Newspaper Publication
Investor Presentation
Redtape Limited has informed the Exchange about Investor Presentation
Appointment
Redtape Limited has informed the Exchange regarding Appointment of Mr Arun Kumar Srivastava as Other of the company w.e.f. April 01, 2026.
Investor decks & rating reports.
Redtape insider trading: promoter and management activity.
Promoter, director and designated-employee transactions in Redtape as reported to SEBI — buying and selling signals from the people who know the business best.
Redtape insider activity below tracks 11 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| FAUZIA MIRZA | Insider | 13 Mar 2026 | buy | +40.0 K | ₹44.68 L | ₹111.69 |
| HAYA MIRZA | Insider | 13 Mar 2026 | buy | +35.0 K | ₹40.01 L | ₹114.31 |
| FAUZIA MIRZA | Insider | 13 Mar 2026 | buy | +40.0 K | ₹44.68 L | ₹111.69 |
| HAYA MIRZA | Insider | 13 Mar 2026 | buy | +35.0 K | ₹40.01 L | ₹114.31 |
| FAUZIA MIRZA | Insider | 13 Mar 2026 | buy | +40.0 K | ₹44.68 L | ₹111.69 |
| HAYA MIRZA | Insider | 13 Mar 2026 | buy | +35.0 K | ₹40.01 L | ₹114.31 |
| FAUZIA MIRZA | Insider | 13 Mar 2026 | buy | +40.0 K | ₹44.68 L | ₹111.69 |
| HAYA MIRZA | Insider | 13 Mar 2026 | buy | +35.0 K | ₹40.01 L | ₹114.31 |
| HAYA MIRZA | Insider | 04 Mar 2026 | buy | +20.0 K | ₹23.48 L | ₹117.42 |
| YUSRA MIRZA | Insider | 04 Mar 2026 | buy | +3.5 K | ₹3.98 L | ₹113.61 |
Redtape dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Redtape has declared, sequenced by announce and record date.
Redtape corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Redtape Ltd: business, sector, key facts.
What Redtape Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Redtape Ltd operates in the Consumer Cyclical, listed as NSE: REDTAPE, BSE: 543957.
REDTAPE Limited is a prominent Indian company specializing in the design, manufacture, and distribution of footwear and apparel for men, women, and children. Their product line is extensive and caters to a broad range of styles and needs, ensuring a diverse offering for their target market. This includes a wide selection of footwear encompassing boots, sandals, slippers, formal and casual shoes, and sports shoes, all aimed at providing diverse options for various occasions and activities.
Beyond footwear, REDTAPE offers a comprehensive collection of clothing. This includes a large selection of topwear such as shirts, T-shirts, sweaters, jackets, and kurtas; bottomwear like jeans, trousers, shorts, and track pants; and sportswear including activewear tops and bottoms. Their range also extends to innerwear, providing essential garments like briefs and trunks. This complete array of clothing choices positions REDTAPE as a one-stop shop for many consumers' apparel needs.
To further enhance the customer experience and offer a comprehensive shopping experience, REDTAPE also provides a range of accessories. These include essential items such as bags, belts, socks, wallets, and caps, as well as more specialized items like shoe care products. The inclusion of gift cards adds an additional layer of convenience for customers looking for presents. This strategy of offering a diverse selection under one brand increases the likelihood of customers finding multiple items they need or want during a shopping trip.
REDTAPE utilizes both online and offline sales channels to reach its customers. This omnichannel approach allows for flexibility and accessibility, catering to diverse consumer preferences. The company operates retail stores throughout India while also leveraging online platforms for broader reach and convenience. Furthermore, REDTAPE expands its market presence through international exports, indicating its ambition to establish itself as a significant player on a global scale.
The company operates under several distinct brands, each potentially targeting a specific niche within the market. These brands include the primary RedTape brand, RedTape Athleisure (focusing on athletic apparel), MODE by RedTape, and BOND STREET by RedTape (likely targeting a more upscale segment). This multi-brand strategy allows for differentiation and targeting of different customer segments with tailored products and branding. Established in 1996 and headquartered in Noida, India, REDTAPE has demonstrated significant growth and success within the fashion and apparel industry.
Questions investors ask about Redtape Ltd (REDTAPE).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Redtape Ltd (REDTAPE)?
The current share price of Redtape Ltd (REDTAPE) is ₹135.84. Today, the stock has gained by ₹1.97 (1.47%), trading in a range of ₹135.12 to ₹139.61. The stock opened at ₹135.12 with a trading volume of 4,33,225 shares.
02Is Redtape Ltd stock a good investment for long-term?
Redtape Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹7,507.13 crores, P/E ratio of 30.69, ROE of 26.58%, and ROCE of 21.70%. The dividend yield stands at 1.49%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Redtape Ltd stock?
The 52-week high price of Redtape Ltd (REDTAPE) is ₹163.5, while the 52-week low is ₹107.53. Currently trading at ₹135.84, the stock is 50.6% away from its 52-week low and 16.9% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Redtape Ltd stock at the current price?
Whether to buy Redtape Ltd stock at ₹135.84 depends on multiple factors. The stock is currently trading with a P/E ratio of 30.69 and P/B ratio of 7.25. Today's performance shows a gain of 1.47%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Redtape Ltd and when is the next dividend?
Redtape Ltd offers a dividend yield of 1.49%, which means for every ₹100 invested at the current price of ₹135.84, you can expect to receive approximately ₹1.49 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Redtape Ltd?
Redtape Ltd's key financial metrics include: P/E Ratio: 30.69, P/B Ratio: 7.25, ROE: 26.58%, ROCE: 21.70%, Dividend Yield: 1.49%, EPS: ₹4.35, Book Value: ₹18.42, and Debt-to-Equity: 70.49. The company's market cap stands at ₹7,507.13 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Redtape Ltd stock performing today in the market?
Redtape Ltd stock opened at ₹135.12 and is currently trading at ₹135.84, showing a gain of ₹1.97 (1.47%). The intraday high is ₹139.61 and low is ₹135.12. The trading volume stands at 4,33,225 shares, indicating moderate market participation today.
08What is the P/E ratio of Redtape Ltd and what does it indicate?
Redtape Ltd has a Price-to-Earnings (P/E) ratio of 30.69, which means investors are willing to pay ₹30.69 for every ₹1 of earnings. With an EPS of ₹4.35, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Redtape Ltd (REDTAPE) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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