Redtape Limited

Redtape Limited (REDTAPE) is a small-cap Consumer Durables company valued at ₹6,310 crore operating in Footwear on the NSE and BSE.

Recent price move

Redtape Limited last traded at ₹113.88, modestly up 0.94% on the day.

Recent developments

On 2026-08-10, RedTape reported its Q1 results, showing a 15% rise in net profit to ₹44.5 crore and a 94% jump in EBITDA.

Financial performance

The company's business is improving, with annual revenue rising 19.7% and annual net profit growing 41.5%. The latest quarter saw revenue increase 3.7% compared to the same quarter a year earlier, while net profit rose 14.1%. The net profit margin expanded 1.5 percentage points to 9.9%, and return on equity remained strong at 23.6%.

Valuation multiples

The stock trades at 26.2 times earnings, 6.23 times book value. It yields 1.7%.

Things to watch

The stock is 27.5% below its 52-week high. Foreign institutional holding fell by 0.60 percentage points in the quarter. The company's market cap is ₹6,373 crore, placing it in the small-cap category.

Where it stands

RedTape Limited's latest quarter net profit rose 14.1% to ₹44 crore, while revenue grew 3.7% to ₹481 crore. The company's net profit margin improved to 9.9%, and return on equity remained at 23.6%. The stock is 27.5% below its 52-week high.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.