Redtape Ltd. NSE: REDTAPE | BSE: 543957

Redtape Ltd. Live Share Price Today, Share Analysis and Chart

144.82 0.73 (0.51%)

40.89% Fall from 52W High

244.8K NSE+BSE Volume

NSE 21 Apr, 2025 3:47 PM (IST)

Redtape Key Metrics

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All financials are in INR Cr and price data in INR
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Medium Financial Strength
50.0 / 100
Expensive Valuation
20.2 / 100
Technically Neutral
38.4 / 100
Expensive Performer These stocks are with medium quality and mid-range technical aspects. However, their financials make them little expensive so choose the right moment to buy them. View Similar Embed DVM

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Redtape Stock Analysis

Redtape stock analysis with key metrics, changes, and trends.

Redtape MetricVALUECHANGE %TRENDANALYSIS
Annual Revenue₹1,855.97 Cr25.84%positive

Annual Revenue rose 25.84%, in the last year to ₹1,855.97 Cr. Its sector's average revenue growth for the last fiscal year was 20.31%.

Annual Net Profit₹176.24 Cr23.98%positive

Annual Net Profit rose 23.98% in the last year to ₹176.24 Cr. Its sector's average net profit growth for the last fiscal year was 88.78%.

Price to Earning Ratio47.16-positive

Price to Earning Ratio is 47.16, lower than its sector PE ratio of 97.44.

Stock Price₹144.82-17.79%negative

Stock Price fell 17.79% and underperformed its sector by 31.18% in the past year.

Quarterly Revenue₹669.58 Cr7.61%positive

Quarterly Revenue rose 7.61% YoY to ₹669.58 Cr. Its sector's average revenue growth YoY for the quarter was 16.85%.

Quarterly Net profit₹73.07 Cr20.14%positive

Quarterly Net profit rose 20.14% YoY to ₹73.07 Cr. Its sector's average net profit growth YoY for the quarter was 607.89%.

Debt to Equity Ratio0.25-positive

Debt to Equity Ratio of 0.25 is less than 1 and healthy. This implies that its assets are financed mainly through equity.

Return on Equity(ROE)27.17 %27.17%positive

Return on Equity(ROE) for the last financial year was 27.17%, more than 20% in the last financial year, indicating an efficient use of shareholder's capital to generate profit.

Mutual Fund Holding10.22 %0.02%positive

Mutual Fund Holding increased by 0.02% in the last quarter to 10.22.

Promoter Share Holding71.80 %0%neutral

Promoter Share Holding stayed the same in the most recent quarter at 71.8%.

Interest Coverage Ratio10.09-positive

Interest Coverage Ratio is 10.09, higher than 1.5. This means that it is able to meet its interest payments comfortably with its earnings (EBIT).

Promoter Pledges0.00 %0%positive

Promoter Pledges are zero.

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Earnings Conference Calls, Investor Presentations and Annual Reports

Redtape Ltd. - Company Profile

What does Redtape Ltd. do?

Redtape is engaged in the business of retail sale of Footwear, Garments & apparels and allied products and is also a manufacturer of footwear.

Website: www.redtape.com

Redtape Ltd. Management structure

All Gross Remunerations are in INR
Mr. Abhinav Jain
Chief Financial Officer
-
2024-3-31
Gross Remuneration
Year
Akhilendra Bahadur Singh
Company Secretary, Compliance Officer
-
2024-3-31
Gross Remuneration
Year

Redtape Ltd. Board of directors

All Gross Remunerations are in INR
Shuja Mirza
Managing Director
8.4 Cr
2024
Gross Remuneration
Year
Arvind Verma
Whole-time Director
74.6 Lac
2024
Gross Remuneration
Year
Sunanda Singh
Whole-time Director
14.2 Lac
2024
Gross Remuneration
Year
Sanjay Bhalla
Non Executive Director
1.75 Lac
2024
Gross Remuneration
Year
Yashvir Singh
Independent Director
1.75 Lac
2024
Gross Remuneration
Year
Subhash Sapra
Independent Director
1.75 Lac
2024
Gross Remuneration
Year

Redtape Ltd. - company history

Redtape Limited was incorporated on December 8, 2021 as a wholly owned subsidiary of Mirza International Limited. Prior to the Scheme, the Company was engaged in design, development, manufacturing, marketing, trading, export and retailing of leather footwear, sports shoes, garments & apparels, leather goods and accessories, and other related activities. The Composite Scheme of Arrangement of RTS Fashions Private Limited, Mirza International Limited, the Company and their respective shareholders and creditors, which inter-alia, provided for (a) Amalgamation of RTS Fashions Private Limited with Mirza International Limited; and (b) De-merger of Branded Business/ Redtape Business of Mirza International Limited into the Company on a going concern basis. The said Scheme was sanctioned and thereafter, the Branded Business/ Redtape Business of Mirza International Ltd got demerged into the Company w.e.f February 25, 2023. On implementation of the Scheme of Arrangement for Demerger of the Redtape Business from MIL, Equity Shares were allotted in the ratio of 1:1 to all the shareholders of MIL. Accordingly, the Equity Shares of the Company got listed on August 11, 2023.

Redtape Ltd. FAQ

How is Redtape Ltd. today?
Redtape Ltd. today is trading in the green, and is up by 0.51% at 144.82.
Redtape Ltd. is currently trading up 0.51% on an intraday basis. In the past week the stock rose 0.60%. stock has been down -25.30% in the past quarter and fell -17.79% in the past year. You can view this in the overview section.