Redtape Ltd
India's trusted leading Fashion & Lifestyle brand with over 435+ opulent stores across PAN India. RedTape is known for emerging as one of the Finest Brands of Footwear and Clothing for Men, Women and Kids. It has emerged as a complete Family Fashion Destination by providing the Best International Styles and World-Class Quality through Shoes, Apparels and Accessories for all age groups.
It was demerged from Mirza International in 2023. [1]
- Market Cap ₹ 7,358 Cr.
- Current Price ₹ 133
- High / Low ₹ 245 / 116
- Stock P/E 43.2
- Book Value ₹ 14.3
- Dividend Yield 0.56 %
- ROCE 21.5 %
- ROE 23.7 %
- Face Value ₹ 2.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.0%
Cons
- Stock is trading at 9.33 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|
303 | 1,468 | 1,843 | 2,020 | |
256 | 1,224 | 1,524 | 1,685 | |
Operating Profit | 47 | 244 | 319 | 335 |
OPM % | 16% | 17% | 17% | 17% |
-0 | 7 | 13 | 32 | |
Interest | 4 | 17 | 37 | 51 |
Depreciation | 2 | 44 | 59 | 83 |
Profit before tax | 41 | 189 | 236 | 233 |
Tax % | 29% | 25% | 25% | 27% |
29 | 142 | 176 | 170 | |
EPS in Rs | 2.57 | 3.19 | 3.08 | |
Dividend Payout % | 0% | 0% | 0% | 73% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 88% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 80% |
TTM: | -3% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -26% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 29% |
Last Year: | 24% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|
Equity Capital | 0.01 | 28 | 28 | 111 |
Reserves | 336 | 449 | 621 | 678 |
28 | 260 | 480 | 724 | |
461 | 502 | 460 | 712 | |
Total Liabilities | 826 | 1,239 | 1,588 | 2,224 |
304 | 368 | 646 | 717 | |
CWIP | 17 | 71 | 17 | 46 |
Investments | 1 | 1 | 0 | 0 |
504 | 799 | 925 | 1,461 | |
Total Assets | 826 | 1,239 | 1,588 | 2,224 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|
44 | 127 | 84 | 14 | |
-49 | -127 | -116 | -107 | |
-17 | 12 | 26 | 99 | |
Net Cash Flow | -22 | 12 | -5 | 5 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|
Debtor Days | 68 | 21 | 18 | 20 |
Inventory Days | 963 | 308 | 298 | 413 |
Days Payable | 407 | 164 | 108 | 170 |
Cash Conversion Cycle | 623 | 164 | 208 | 262 |
Working Capital Days | 299 | 65 | 87 | 131 |
ROCE % | 37% | 29% | 22% |
Documents
Announcements
- Announcement Under Regulation 30 - Newspaper Publication For Re-Lodgement Of Transfer Request For Physical Share 18 Jul
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Announcement under Regulation 30 (LODR)-Newspaper Publication
18 Jul - Announcement regarding Re - Lodgement of transfer request of physical shares
-
Compliance Of Regulation 6(1) And 7(1) Of SEBI (LODR) Reg. 2015 For The Quarter Ended On 30Th June 2025
11 Jul - Compliance with SEBI regulations 6(1) and 7(1) for Q1 FY2025; details of compliance officer and share transfer agent.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Jul - Certificate confirming securities dematerialization details filed for Q1 ended June 30, 2025.
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Closure of Trading Window
26 Jun - Trading window closed from July 1, 2025, till 48 hours post June 30 quarter results announcement.
About[1]
REDTAPE has a strong brand recall of 26+ yrs. It emerged as the first Indian footwear brand in 1996 to have a strong presence in global markets like UK. The company entered into men’s clothing and accessory in 2006. Today, it also caters to the fashion needs in female and kids clothing and accessory category.