Redtape Limited has informed the Exchange that Board of Directors at its meeting held on May 27, 2025, recommended Final Dividend of 12.5 per equity share.
REDTAPE · price
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On the reaction day the stock moved 8.0 pts less than Nifty Microcap 250 and 7.9 pts less than its Footwear peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Redtape Limited's Board, at its May 27, 2025 meeting, approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with the auditor (Ashwani & Associates) issuing an unmodified opinion. Consolidated revenue from operations rose to Rs. 2,01,846 lakhs in FY25 from Rs. 1,83,754 lakhs in FY24, while consolidated profit for the year was Rs. 18,348 lakhs versus Rs. 16,980 lakhs. The Board recommended a final dividend of Rs. 0.25 (12.5%) per equity share of Rs. 2 face value, taking the total FY25 dividend to 112.5% (including the Rs. 2 interim dividend already paid). Record date is August 1, 2025, and the company also completed a 3:1 bonus issue in February 2025.
Healthy top-line and profit growth, combined with a strong total dividend payout of 112.5%, signals management's confidence and should be viewed positively by shareholders. The substantial jump in total assets (driven by inventory and capex) and higher short-term borrowings are points worth monitoring.