Footwear company Redtape announced Q4FY26 & FY26 results Consolidated Financial Highlights: Revenue from Operations: In Q4FY26, the consolidated revenue from operations stood at Rs 67,551 lakh, registering a decline of 14.12% QoQ compared to Rs 78,655 lakh in Q3FY26, but an increase of 33.51% YoY against Rs 50,597 lakh in Q4FY25. For the full year FY26, revenue from operations was Rs 2,41,877 lakh, up by 19.69% YoY from Rs 2,02,091 lakh in FY25. Total Income: The total income for Q4FY26 was Rs 69,783 lakh, declining by 14.68% QoQ (from Rs 81,793 lakh in Q3FY26) and growing by 25.49% YoY (from Rs 55,609 lakh in Q4FY25). For FY26, total income stood at Rs 2,55,161 lakh, an increase of 17.48% YoY from Rs 2,17,190 lakh in FY25. Profit Before Tax (PBT): PBT in Q4FY26 stood at Rs 9,634 lakh, marking a drop of 29.86% QoQ (vs Rs 13,735 lakh in Q3FY26) and a rise of 67.61% YoY (vs Rs 5,748 lakh in Q4FY25). Annual PBT for FY26 was reported at Rs 32,417 lakh, increasing by 39.18% YoY compared to Rs 23,292 lakh in FY25. Profit After Tax (PAT): The PAT for Q4FY26 was Rs 6,988 lakh, showing a decline of 33.15% QoQ (from Rs 10,453 lakh in Q3FY26) and a growth of 69.53% YoY (from Rs 4,122 lakh in Q4FY25). For FY26, PAT was Rs 24,055 lakh, representing a 41.50% YoY increase against Rs 17,000 lakh in FY25. Standalone Financial Highlights: Revenue from Operations: Standalone revenue from operations in Q4FY26 was Rs 67,416 lakh, recording a QoQ decrease of 14.21% from Rs 78,585 lakh in Q3FY26 and a YoY increase of 33.83% from Rs 50,374 lakh in Q4FY25. For FY26, revenue reached Rs 2,41,451 lakh, a YoY growth of 19.62% compared to Rs 2,01,846 lakh in FY25. Total Income: Q4FY26 total income stood at Rs 69,668 lakh, down 14.76% QoQ (vs Rs 81,728 lakh in Q3FY26) and up 22.85% YoY (vs Rs 56,712 lakh in Q4FY25). Annual total income for FY26 was Rs 2,54,755 lakh, an increase of 16.71% YoY from Rs 2,18,271 lakh in FY25. Profit Before Tax (PBT): Standalone PBT for Q4FY26 was Rs 9,752 lakh, declining 29.61% QoQ (from Rs 13,854 lakh in Q3FY26) and climbing 39.53% YoY (from Rs 6,989 lakh in Q4FY25). Annual PBT for FY26 stood at Rs 32,767 lakh, growing 32.51% YoY from Rs 24,727 lakh in FY25. Profit After Tax (PAT): PAT for Q4FY26 was Rs 7,117 lakh, seeing a decrease of 32.68% QoQ (from Rs 10,572 lakh in Q3FY26) and an increase of 31.26% YoY (from Rs 5,422 lakh in Q4FY25). For FY26, PAT stood at Rs 24,416 lakh, up 32.35% YoY compared to Rs 18,448 lakh in FY25. Business Highlights & Segment-wise Performance: Segment Information: The main business of the Company is the retailing/trading of merchandise, which primarily consists of apparel and footwear. All other operating activities of the Company are incidental to its main business. Accordingly, the Company has only one identifiable segment reportable under Ind AS 108 “Operating Segment”. Dividends: The Board has recommended a Final Dividend of Rs 2/- per equity share (face value of Rs 2/- each) for FY26. Additionally, the Company had already paid an Interim Dividend of Rs 0.25 (12.50%) per equity share of Rs 2 each for the financial year 2025-2026. The record date for determining the entitlement of Final Dividend is fixed as Friday, July 31, 2026. Bonus Issue Adjustment: On 5th February 2025, the Company issued 41,46,5700 fully paid-up Bonus Equity Shares of Rs 2/- each in the ratio of 3:1 to eligible members, capitalizing Rs 82,92,11,400/- out of the General Reserve. The EPS (basic and diluted) for all periods presented has been adjusted accordingly. Management Changes: Mr. Shashank Kumar was re-designated from Chief General Manager (Administration) to Vice-President (Administration) with effect from May 26, 2026. Auditor Re-appointments: The Company re-appointed M/s Surinder Mahajan & Associates as Internal Auditors and Mr. Arun Kumar Srivastava as Cost Auditors for the financial year 2026-27. Income Tax Search Operations: Income Tax authorities conducted search operations under section 132 of the Income Tax Act, 1961, during September 2025 at certain premises of the Company, and the residences of some Directors and employees. While search proceedings are pending completion, the management stated that no written communication regarding the outcome has been received and they do not anticipate any material adverse impact on the financial position. Arvind Verma, Whole Time Director, RedTape, said: “FY26 has been a defining year for us at RedTape. What gives us confidence is not just the numbers, but what is driving them: consumers are actively choosing us across price points, across categories, and across channels. Our margin expansion this quarter is a reflection of operating discipline. We kept investing in stores, in product, and in people, and the business responded. What excites us most about where we stand is the opportunity still ahead. Eighty percent of our stores are in Tier-2 and Tier-3 cities, and those markets are nowhere near maturity. The structural shift from unorganised to organised retail in footwear and apparel continues to work in our favour. Our e-commerce business is maturing, with our new brands gaining traction, and our women's category is beginning to show momentum. We enter FY27 with a clear playbook, a strong balance sheet, and a team that knows how to execute. The opportunity in front of us is significant.” Result PDF