



Retailing | Small Cap
Redtape Ltd, operating in the consumer durables sector, shows a mixed financial performance. The company exhibits strong growth and profitability, driven by substantial increases in revenue, operating profit, and net income. Its solvency is well-managed, with a healthy balance between debt and equity. However, liquidity ratios indicate potential short-term challenges in meeting obligations. Efficiency ratios are also mixed, with excellent receivable management but less effective asset and inventory turnover. While coverage ratios are adequate, there's room to improve dividend coverage. Overall, Redtape demonstrates solid financial health, but should focus on enhancing operational efficiency and liquidity to sustain long-term growth.
Redtape Ltd, operating in the consumer durables sector, shows a mixed financial performance. The company exhibits strong growth and profitability, driven by substantial increases in revenue, operating profit, and net income. Its solvency is well-managed, with a healthy balance between debt and equity. However, liquidity ratios indicate potential short-term challenges in meeting obligations. Efficiency ratios are also mixed, with excellent receivable management but less effective asset and inventory turnover. While coverage ratios are adequate, there's room to improve dividend coverage. Overall, Redtape demonstrates solid financial health, but should focus on enhancing operational efficiency and liquidity to sustain long-term growth.
Overall Valuation Score
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Last Traded Time
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Price Movement Indicator
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P/E RATIO (TTM)
26.85
Industry Median
49.91
Small Cap Median
49.91
P/E RATIO
28.09
P/B RATIO
6.60
Industry Median
2.52
Small Cap Median
2.52
P/S RATIO
N/A
Industry Median
1.55
Small Cap Median
1.55
Others
PEG RATIO
0.00
EV/EBITDA RATIO
0.00
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹122.19 as on Sep 1, 2026.
Redtape Ltd exhibits strong growth across various metrics. The revenue and operating profit growth rates are high, indicating successful market penetration and operational improvements. The earnings per share and net income growth rates also reflect positive trends. The asset growth rate suggests effective investment in new opportunities. This consistent growth performance positions the company well for future expansion and profitability.
| Growth Ratios | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Revenue Growth Rate | 384.49 | 25.54 | 9.66 | 19.69 |
| Operating Profit Growth Rate | 419.15 | 30.74 | -31.03 | 60.45 |
| Earnings Per Share (EPS) Growth | 24.12 | -3.45 | 41.23 | |
| Asset Growth Rate | 28.17 | 40.05 | 3.69 | |
| Net Income Growth Rate | 389.66 | 23.94 | -3.41 | 41.76 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Redtape Ltd | 6.88 | 28.09 | Neutral | 414.00 | 4.55 | 246.00 |
| 2 | Relaxo Footwears Ltd | 6.53 | 49.91 | Highly Overvalued | 374.00 | 7.20 | 179.00 |
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Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 1 Technical Indicators From The 1 Hour Timeframe
Analyzing moving average trends and crossovers. Green/Red badges indicate if the current condition passes or fails.
Comparing stock price performance (normalized) against benchmark indices over time.
Recent daily trading volume represented as a bar chart, alongside historical averages.
Current closing price relative to the 52-week highest and lowest prices.
Concall Report⬤17th Nov 25
Q2 FY26 Earning Conference Call
BULLISH SENTIMENT
No Stock News Available at This Moment.
Redtape Ltd is an Indian lifestyle and fashion brand primarily engaged in the design, manufacturing, and marketing of footwear, apparel, and accessories. Leveraging a strong retail presence through exclusive brand stores, multi-brand outlets, and e-commerce platforms, the company targets the mid-to-premium fashion segment, offering a diverse product portfolio.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Redtape Ltd's P/E ratio (TTM) is 26.85, compared to the industry median of 49.91 and large cap median of 49.91.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Redtape Ltd's P/B ratio is 6.60, compared to the industry median of 2.52 and large cap median of 2.52.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Redtape Ltd's P/S ratio is 8.88, compared to the industry median of 1.55 and large cap median of 1.55.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Redtape Ltd's PEG ratio is 0.44.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Redtape Ltd's EV/EBITDA ratio is 60.19.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Redtape Ltd's ROE is 23.58%.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Redtape Ltd's ROA is 15.31%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Redtape Ltd's ROCE is 24%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Redtape Ltd's operating margin is 14.59%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. Redtape Ltd's net margin is 9.96%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Redtape Ltd's current ratio is 1.64.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Redtape Ltd's debt-to-equity ratio is 0.33.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Redtape Ltd's interest coverage ratio is 5.44.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Redtape Ltd's DPS is ₹2.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Redtape Ltd's EPS is 41.23.
(Source line: "Ratios as of 11 Oct 2026, based on last traded price of ₹122.19. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
Founded: 1996 (brand Redtape launched by Mirza International Ltd)
Headquarters: Noida, Uttar Pradesh
Core Offerings: Footwear, Apparel, Accessories, Lifestyle Products
Stock Listing: NSE (REDTAPE), BSE (543957)
Promoter: Mirza Family / Mirza International Group
The 'Redtape' brand was originally launched in 1996 by Mirza International Limited. Over the years, Redtape expanded its product offerings to include apparel and accessories and established a significant retail footprint. In 2021-2023, the Redtape business underwent a demerger from Mirza International Ltd. Redtape Ltd was incorporated as a separate entity in 2022 and subsequently listed on Indian stock exchanges in 2023, marking its journey as an independent, publicly traded company.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Footwear | Not explicitly disclosed separately | Operating Profit |
| Apparel & Accessories | Not explicitly disclosed separately | Operating Profit |
Footwear: Offers a wide range of formal, casual, and sports footwear for men, women, and kids, including sneakers, sandals, boots, and loafers.
Apparel: Provides a diverse collection of clothing, including t-shirts, shirts, jeans, trousers, jackets, and winter wear, catering to contemporary fashion trends.
Accessories: Complements its primary offerings with a variety of lifestyle accessories such as belts, wallets, socks, bags, and fragrances, enhancing the brand's overall appeal.
Mr. Rashid Ahmed Mirza (Chairman & Managing Director): A veteran in the footwear industry with over 40 years of experience, he is the visionary behind the Redtape brand and drives the company's strategic growth. Mr. Tauseef Ahmad Mirza (Joint Managing Director): Brings extensive experience in managing operations and steering the company's expansion, playing a crucial role in the brand's market penetration.
No major subsidiaries reported.
The most significant corporate action is the demerger of the Redtape business from Mirza International Limited and its subsequent listing as an independent entity, Redtape Ltd, on Indian stock exchanges in 2023.
The Redtape Ltd share price today is ₹122.19 on NSE (REDTAPE), as of 11 Oct 2026.
As of 11 Oct 2026, Redtape Ltd share price is ₹122.19, with previous close ₹122.19. Today's range is ₹122.19 to ₹122.19. The 52-week range is ₹N/A to ₹N/A.
As of today, Redtape Ltd's market cap is ₹0 crore (Small Cap).
Redtape Ltd's current P/E ratio is 26.85, compared to the RETAILING sector average of 56.
Redtape Ltd's current P/B ratio is 6.60.
Redtape Ltd's current dividend yield is 1.64%. Last dividend of ₹0.00 per share was declared on N/A.
Redtape Ltd's EPS (TTM) is ₹41.23.
Redtape Ltd is an Indian lifestyle and fashion brand primarily engaged in the design, manufacturing, and marketing of footwear, apparel, and accessories. Leveraging a strong retail presence through exclusive brand stores, multi-brand outlets, and e-commerce platforms, the company targets the mid-to-premium fashion segment, offering a diverse product portfolio.
Redtape Ltd is promoted by Mirza Family / Mirza International Group, holding 71.83% as of 11 Oct 2026.
Redtape Ltd is listed on NSE (REDTAPE) and BSE (543957). Its next quarterly results are expected on August 2024 (Q1 FY25).