MarketFriction

Redtape Ltd

NSE REDTAPE · BSE 543957 · Footwear
₹115.29 -1.96%
NSE close2026-10-01
52 week range107.53 - 158.99
Market cap₹6,494 Cr.
P/E26.4
Price band 20% Delivery 46.4%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales325618507442416661506464492787676481
Expenses267513432373352536461387420640564398
Operating Profit5810575696412545777314711184
OPM %18%17%15%16%15%19%9%17%15%19%16%17%
Other Income24523950910312215
Interest91010101213161619181515
Depreciation151615192122222122232224
Profit before tax3682544235995749421379660
Tax %23%26%25%26%28%26%28%21%34%24%27%26%
Net Profit2861413125734139281057044
EPS in Rs0.501.100.740.550.451.320.750.700.501.891.260.80
Mar 2022 3mMar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3031,4681,8432,0212,4192,436
Expenses2561,2241,5241,8012,0652,021
Operating Profit47244319220353414
OPM %16%17%17%11%15%17%
Other Income-071315113278
Interest41737547366
Depreciation24459838891
Profit before tax41189236233324336
Tax %29%25%25%27%26%
Net Profit29142176170241246
EPS in Rs2.573.193.084.354.45
Dividend Payout %0%0%0%73%46%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%%18%19%
Compounded Profit Growth%%19%38%
Stock Price CAGR%%1%-18%
Return on Equity%26%27%27%
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.012828111111
Reserves336449621678911
Borrowings28260480724720
Other Liabilities461502460712564
Total Liabilities8261,2391,5882,2242,306
Fixed Assets304368646717750
CWIP1771174625
Investments11000
Other Assets5047999251,4611,531
Total Assets8261,2391,5882,2242,306
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity44127844174
Cash from Investing Activity-49-127-116-110-85
Cash from Financing Activity-17122699-94
Net Cash Flow-2212-5-7-5
Free Cash Flow-5-6-32-10489
CFO/OP69%71%46%31%72%
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days6821182032
Inventory Days963308298406306
Days Payable40716410817497
Cash Conversion Cycle623164208252240
Working Capital Days27948546281
ROCE %37%29%22%24%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters71.77%71.77%71.77%71.79%71.80%71.80%71.80%71.80%71.80%71.79%71.83%71.83%
FIIs2.22%2.74%3.10%3.17%3.30%3.48%3.53%3.64%3.83%3.88%3.81%3.21%
DIIs6.44%7.30%7.86%8.89%10.20%10.23%10.25%10.27%10.77%10.88%11.01%11.74%
Public19.58%18.20%17.28%16.16%14.72%14.50%14.44%14.30%13.60%13.45%13.36%13.22%
No. of Shareholders59,22063,14757,88055,67155,82465,35474,36478,75279,83079,37977,94375,576

Fundamentals

Market Cap₹ 6,494 Cr.
Current Price₹ 117
Stock P/E26.4
Book Value₹ 18.5
ROCE24.5 %
ROE26.6 %
Dividend Yield1.70 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)19%
Compounded Profit Growth (TTM)38%
Consolidated figures.
Ownership
Promoter holding71.83% (+0.03 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodREDTAPENifty 50Difference
1 week-5.6%-2.8% -2.8 pts
1 month-5.6%-6.8% +1.1 pts
3 months-17.2%-7.6% -9.5 pts
6 months+4.9%+0.4% +4.5 pts
1 year-23.2%-9.9% -13.3 pts
2 years-37.7%-13.6% -24.1 pts
3 years+2.4%+14.2% -11.8 pts
17 mutual fund schemes hold about ₹861 Cr. Over three months 13 bought more and 2 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
ICICI Pru Flexi Cap Fund1.46%379 -4%
HDFC Small Cap Fund0.66%278 +6%
ICICI Pru Small Cap Fund0.52%51 +16%
ICICI Pru Small Cap Fund0.52%50 +16%
ICICI Pru ELSS-Tax Saver Fund0.19%27 +8%
ICICI Pru India Opp Fund0.06%24 +7%
ICICI Pru Bharat Consumption Fund0.72%23 +7%
iSIF Equity Ex-Top 100 Long-Short Fund0.40%10 +103%
iSIF Hybrid Long-Short Fund0.59%8 -23%
Motilal Oswal Nifty Microcap 250 Index Fund0.19%5 +3%
HSBC Consumption Fund0.25%5 -47%
ICICI Pru LT Wealth Enhancement Fund4.22%2 +6%
Groww Nifty Total Market Index Fund0.01%0 +9%
Angel One Nifty Total Market Index Fund0.01%0 +9%
Motilal Oswal BSE 1000 Index Fund0.01%0 +9%
Mirae Asset Nifty Total Market Index Fund0.01%0 +9%
Bandhan Nifty Total Market Index Fund0.01%0 +9%

Red flags

No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹481 Cr +3.7% vs Jun 2025. Net profit ₹44 Cr +12.8%.

Activity

Compare
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Brandman Retail Ltd30110.136.8 %
Khadim India Ltd21247.17.79 %
Sarup Industries Ltd3570.14.14 %
Marc Loire Fashions Ltd2815.612.9 %
No bulk or block deals on record.
Ex-dateActionFactor
2026-07-31Dividend - Rs 2 Per Share
2025-08-01Dividend - Rs 0.25 Per Share
2025-02-04Bonus 3:10.2500
2025-01-03Interim Dividend - Rs 2 Per Share
DateTypeWhat it says
2026-10-01General UpdatesGeneral Updates
2026-09-16Volume querySignificant increase in volume has been observed in Redtape Limited. The Exchange, in order to ensure that investors have latest relevant information ...
2026-09-15Volume querySignificant increase in volume has been observed in Redtape Limited. The Exchange, in order to ensure that investors have latest relevant information ...
2026-08-26Change in ManagementChange in Management
2026-08-26Shareholder meetingVoting results.
2026-08-25Shareholder meetingProceedings of Annual General Meeting held on August 25, 2026
2026-08-14Concall / analyst meetTranscript
2026-08-11Concall / analyst meetLink of Recording
2026-08-10Press ReleaseA press release dated August 10, 2026, titled "Press Release".
2026-08-10Investor PresentationInvestor Presentation
2026-08-10UpdatesResults for Quarter ended June 30, 2026.
2026-08-10UpdatesResults for Quarter ended June 30, 2026.
2026-08-10Board meeting outcomeRedtape Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-06Concall / analyst meetSchedule of meet
2026-08-05Concall / analyst meetSchedule of meet
2026-08-01General UpdatesAnnual Report for FY 2025-26
2026-08-01General UpdatesNotice of 5th Annual General Meeting
2026-08-01Shareholder meetingNotice of Annual General Meeting to be held on August 25, 2026
2026-07-18Volume querySignificant increase in volume has been observed in Redtape Limited. The Exchange, in order to ensure that investors have latest relevant information ...
2026-07-17Volume querySignificant increase in volume has been observed in Redtape Limited. The Exchange, in order to ensure that investors have latest relevant information ...
2026-07-04UpdatesCompliance Status of Regulation 6 & 7 of SEBI (LODR) Regulation, 2015 for the quarter ended 30 June 2026.
2026-06-20UpdatesUpdates on Re-lodgement of Transfer Requests of Physical Shares.
2026-06-19Disclosure under SEBI TakeovRedtape Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) and 31 (5) of the Securities and Exchange Board of India (Su...
2026-06-02Concall / analyst meetTranscript
2026-05-26Concall / analyst meetOutcome of Investor Meet
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Redtape Ltd?

Redtape Ltd (REDTAPE) has a market capitalisation of Rs 6,494 Cr. at the 2026-10-01 close.

What is the P/E ratio of Redtape Ltd?

Redtape Ltd trades at a P/E of 26.4 on trailing twelve-month profit, at the 2026-10-01 close.

What were Redtape Ltd's latest quarterly results?

In the Jun 2026 quarter, Redtape Ltd sales was Rs 481 Cr (+3.7% vs Jun 2025) and net profit was Rs 44 Cr.

What is the 52-week high and low of Redtape Ltd?

The 52-week high is Rs 158.99 and the 52-week low is Rs 107.53.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03