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REDTAPE Stock Chart & Stats
₹122.45
₹0.51(0.40%)
At close: 4:00 PM EDT
₹122.45
₹0.51(0.40%)
Day’s Range― - ―
52-Week Range₹102.05 - ₹159.00
Previous CloseN/A
Volume176.33K
Average Volume (3M)67.76K
Market Cap
₹62.25B
Enterprise Value₹67.77B
Total Cash (Recent Filing)₹90.50M
Total Debt (Recent Filing)₹0.00
Price to Earnings (P/E)25.3
Beta1.04
Next Earnings
Nov 12, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield1.78%
Share Statistics
EPS (TTM)4.45
Shares Outstanding552,807,600
10 Day Avg. Volume23,214
30 Day Avg. Volume67,757
Financial Highlights & Ratios
PEG Ratio0.65
Price to Book (P/B)6.24
Price to Sales (P/S)2.63
P/FCF Ratio72.32
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Strong Revenue GrowthSustained expansion in revenue indicates that Redtape is increasing the scale of its branded footwear and apparel business. Continued top-line growth can broaden distribution, improve operating leverage, and provide a stronger base for reinvestment in products, channels, and brand development over the coming quarters.
Healthy ProfitabilityImproving gross margin alongside approximately 20% EBITDA margin shows that growth is translating into meaningful operating profitability. Rising net income supports internal funding capacity and indicates that the brand and product mix are generating economic value beyond simple sales expansion.
Improving CapitalizationA larger equity base and lower debt-to-equity ratio improve the company’s financial resilience relative to the prior year. This strengthening capitalization can support continued business investment and provide a better cushion against demand fluctuations, even though absolute debt remains material.
Bears Say
Volatile Free Cash FlowThe multi-year pattern of negative and sharply fluctuating free cash flow makes cash conversion less dependable than reported earnings. Uneven generation can constrain liquidity during expansion, increase reliance on financing, and reduce management’s flexibility to fund growth or absorb weaker trading periods.
Elevated Absolute DebtAlthough leverage ratios improved, the higher absolute debt balance leaves Redtape more sensitive to interest costs and any downturn in consumer demand. Debt service and refinancing needs could absorb cash that might otherwise support stores, marketing, inventory, or other growth initiatives.
Margin VolatilityThe sharp year-to-year movement in gross margin suggests profitability may be sensitive to input costs, pricing decisions, and product mix. If the stronger 2026 margin is not sustained, earnings growth could decelerate even while revenue continues rising, making operating performance less predictable.
Redtape Limited News
REDTAPE FAQ
What was Redtape Limited’s price range in the past 12 months?
Redtape Limited lowest stock price was ₹102.05 and its highest was ₹159.00 in the past 12 months.
What is Redtape Limited’s market cap?
Redtape Limited’s market cap is ₹62.25B.
When is Redtape Limited’s upcoming earnings report date?
Redtape Limited’s upcoming earnings report date is Nov 12, 2026 which is in 31 days.
How were Redtape Limited’s earnings last quarter?
Redtape Limited released its earnings results on Aug 10, 2026. The company reported ₹0.805 earnings per share for the quarter.
Is Redtape Limited overvalued?
According to Wall Street analysts Redtape Limited’s price is currently Overvalued.
Does Redtape Limited pay dividends?
Redtape Limited pays a Annually dividend of ₹2 which represents an annual dividend yield of 1.78%. See more information on Redtape Limited dividends here
What is Redtape Limited’s EPS estimate?
Redtape Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Redtape Limited have?
Redtape Limited has 552,807,600 shares outstanding.
What happened to Redtape Limited’s price movement after its last earnings report?
Redtape Limited reported an EPS of ₹0.805 in its last earnings report. Following the earnings report the stock price went down -3.621%.
Which hedge fund is a major shareholder of Redtape Limited?
Currently, no hedge funds are holding shares in IN:REDTAPE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Redtape Limited
Established in 1996 and based in Noida, India, Redtape Limited is an enterprise specializing in the manufacturing and global distribution of a diverse range of footwear and apparel. The company caters to men, women, and children, operating both within India and in international markets. Its extensive product portfolio encompasses various footwear options, from casual items like sandals, slippers, sliders, and flip-flops to more structured shoes, sports footwear, and boots. In terms of clothing, Redtape offers a substantial selection of topwear, including T-shirts, shirts, sweaters, hoodies, and jackets, alongside a variety of bottomwear such as jeans, trousers, jeggings, and pants. The company also provides activewear like sports T-shirts, shorts, and trackpants/joggers, as well as essential undergarments like briefs and trunks. Furthermore, its women's collection features items such as tops, tunics, jackets, kurtas, and leggings. Complementing its main lines, Redtape supplies an assortment of accessories, including caps, belts, socks, and wallets, in addition to offering gift cards. Customers can acquire these products through the company's network of physical retail outlets or via its e-commerce platforms. Redtape markets its offerings under several distinct brand identities, including RedTape, RedTape Athleisure, Mode By RedTape, and Bond Street by RedTape.
Technical Analysis
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