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Redtape share price & results

Redtape Limited· Consumer Durables· Consumer Discretionary

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Footwear-led Indian lifestyle brand: footwear, apparel & accessories via owned/franchise retail, e-commerce.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue481 ₹ crore+3.7% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin17.0 %0.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit44.0 ₹ crore+12.8% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity27.28 %+3.2 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin3.68 %+8.8 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)19.00 %+10.0 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

2 of 5 judged targets kept · 9 open · verdicts reflect calls analysed to Q1 FY27.

Redtape Limited management guidance track record on Inve: 14 targets tracked across analysed earnings calls (2 achieved, 3 missed, 9 open).

TargetOriginal wordingSaidLatest callVerdict
Inventory levelsgo down in the next quarter and subsequent quarters
Call transcript, Q2 FY26 · 17 Nov 2025		Q2 FY26Q1 FY27:This was a short-term promise for Q3/Q4 FY26 and was successfully achieved. No new update as the promise is complete.
Call transcript, Q1 FY27 · 11 Aug 2026		Achieved
Website sales as % of online business20% by the end of next year
Call transcript, Q2 FY26 · 17 Nov 2025		Q2 FY26Q1 FY27:No specific update was provided on the share of website sales within the e-commerce business, which as a whole saw its revenue share decline.
Call transcript, Q1 FY27 · 11 Aug 2026		Ghosted
Year-on-year revenue growth20% year-on-year
Call transcript, Q2 FY26 · 17 Nov 2025		Q2 FY26Q1 FY27:Q1 FY27 standalone revenue grew only 3.7% YoY to ₹480 crores, significantly lagging the 20% annual growth target.
Call transcript, Q1 FY27 · 11 Aug 2026		At Risk

Source: Inve Guidance Tracker for Redtape Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

3 of Redtape Limited's 14 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 11 more targets are in the full ledger.

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Price

₹103.84 −0.21% · −₹0.22

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance −22.5% 1Y

₹110₹120₹130₹140₹150Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 17 Nov 2025Q4 FY26 — 26 May 2026Q1 FY27 — 11 Aug 2026

1Y: ₹133.97 on 24 Oct 2025 → ₹103.84. High ₹148.49 (26 May 2026), low ₹103.84 (26 Oct 2026).

Previous close
₹104.06
Market cap
₹5.7k Cr
52-week range
₹103.84 – ₹148.49
One year
−21.82%
Price to earnings (TTM to Jun 2026)
23.24×
Return on equity (TTM to Jun 2026)
27.28%

Overview

Symbol
NSE:REDTAPE
Industry
Consumer Discretionary
Exchange
NSE
Currency
INR

What Redtape Limited does

Based on the company's own presentations, annual report and earnings calls.

RedTape designs, sources and retails footwear, apparel and accessories under four brands — RedTape, Mode, Bond Street and Ozark — aimed at India's aspirational, mid-premium consumer across men, women and kids. It earns by selling through a mix of owned and franchise-managed (FOFO) retail stores, shop-in-shop counters and e-commerce marketplaces and its own website, with footwear and apparel sourced primarily through third-party vendor partners rather than in-house manufacturing. The business was carved out of Mirza International's leather-export operations in a demerger and has operated as an independently listed entity on the BSE and NSE since August 2023.

Segments

  • Footwear
  • Apparel
  • Accessories
Total stores (India)
669
Cities covered (India)
300
States & union territories covered
20+
Retail footprint
~16 lakh sq. ft.
Owned brands
4 (RedTape, Mode, Bond Street, Ozark)
International markets
10+ countries (incl. UK, UAE, Bangladesh, Bhutan, Sri Lanka, Maldives, Singapore, Australia, Seychelles, Turkiye)
Founded 1994Headquarters Noida, Uttar Pradesh, India Company website

How the price took the results

close before → close after

Q1 FY27
−5.1%
11 Aug
Q4 FY26
+11.5%
26 May
Q2 FY26
−3.3%
17 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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