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Companies›Consumer Discretionary›Consumer Durables›Consumer Durables
NSE:REDTAPE

REDTAPE LIMITED

Consumer Durables › Consumer Durables
₹104.70
at close · 28 Oct 2026
▲ 0.70 (+0.67%)

Latest filings

Next results: Wed, 4 Nov · Financial Results
  1. Board to approve Q2 and half-year results on November 4, 2026 · Results
  2. Quarterly compliance certificate under SEBI Regulation 74(5) for Q2 FY26 · Compliance
  3. Redtape confirms SEBI LODR compliance for Q2 FY27 · Compliance
All filings ↓
Ask Nexa about REDTAPE LIMITED

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Sells branded footwear and garments/accessories under the Redtape and Bondstreet brands in India and overseas. The two main product lines are footwear (sold domestically and exported) and garments & accessories, with footwear the larger of the two. Distribution combines retail stores, e-commerce and exports to 13 countries. The retail network is the dominant channel, anchored in Tier-2 and Tier-3 cities with a majority of stores franchisee-owned. The company has expanded into eyewear and hard luggage. FY26 reported cost shape: materials 2.1%, employees 5.1%, other operating expenses 23.5%, depreciation 3.6% of revenue.

Revenue mix · reported segments
Footwear - Domestic & Export Sale under brand Redtape & Bondstreet55.6%
Garments & Accessories under brand Redtape43.3%
Unallocated1.1%
Operating scale
Retail stores
669 across 300+ cities in 20 states and 4 Union TerritoriesFY26
Tier-2/Tier-3 store share
80% of storesFY26
Franchisee-owned store share
67% of storesFY26
International presence
13 countriesFY26
Footwear share of sales
63% of salesFY26
Retail channel revenue
Rs 1,518 croreFY26
Who pays it
Indian retail consumers via company-owned and franchisee stores and e-commerce, plus overseas buyers in 13 countries.
Biggest cost
Other operating expenses at 23.5% of revenue is the largest reported cost line in FY26; materials are reported at 2.1% of revenue.
Kind of business
Brand-led, retail-anchored footwear and apparel with growing e-commerce and overseas footprint.
Where it sits
Operates 669 stores across 300+ cities in India with 80% presence in Tier-2/Tier-3 markets, exporting to 13 countries.
Market Cap
₹5,788 Cr
P / E (TTM)
23.5×
EV / EBITDA
12.5×
Div Yield
0.24%
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
29.4%▲
ROCE (FY26)
ROE 23.6% · margin 19.9%
Leverage
0.38·
Debt / Equity · low
Net debt ₹377 Cr
Revenue FY24→FY26
1.3×▲
Margin +0.4 pts
₹1,843 Cr → ₹2,419 Cr
Cash conversion
0.45×▼
Operating cash ÷ profit · 3 yrs
₹263 Cr on ₹587 Cr
Moves on a normal day
1.16%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 10 Footwear peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#3/10
P/B#7/9
ROCE#2/11
ROE#2/9
Debt / Equity#6/9
EBITDA margin#3/10
Revenue growth#5/9
Profit growth#3/9

Scorecard

Measured from the filed financials, judged against its Footwear peers · as of FY26 — not investment advice

Strengths
Returns on capital 29.4%
#2 of 11 in Footwear on the latest reported figures
Concerns
Over 3 years it reported ₹587 Cr of profit and ₹263 Cr of operating cash — 0.45×
Less than 60p of every ₹1 of profit arrived as cash
Heavy working capital — 151 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

REDTAPE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from REDTAPE LIMITED's filed financials and exchange disclosures

What does REDTAPE LIMITED do?

REDTAPE LIMITED is a Consumer Durables company listed on NSE and BSE, trading under the symbol REDTAPE.

Is REDTAPE LIMITED profitable?

Yes. Over the trailing twelve months REDTAPE LIMITED reported a net profit of ₹246 Cr on revenue of ₹2,436 Cr.

Does REDTAPE LIMITED pay a dividend?

Yes. The dividend yield is 0.24% at the current price. It paid out 6% of its profit as dividend in FY26.

Is REDTAPE LIMITED debt-free?

No. It reported borrowings of ₹386 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹377 Cr after cash. Debt stands at 0.38× equity. That is higher than 62% of its 9 Footwear peers.

Is REDTAPE LIMITED expensive compared with its peers?

On trailing P/E, REDTAPE LIMITED ranks 3 of 10 in Footwear — cheaper than 78% of them, against an industry median of 46.9×. This is a position, not a valuation judgement.

How much does the REDTAPE LIMITED share price move in a day?

On a typical session REDTAPE LIMITED moves 1.16% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are REDTAPE LIMITED's next results?

Financial Results on Wed, 4 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track REDTAPE LIMITED's announcements?

Every NSE and BSE filing by REDTAPE LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.