| Revenue growth | FY26 +19.6% YoY; Q4 +33.8% YoY |
|---|---|
| Margins | EBITDA margin 19.0%; PAT margin 9.6% |
| Demand visibility | Strong traction in Tier-2/3 cities and online |
| Management confidence | High; citing store maturity and operating leverage |
Growth
FY26 revenue grew 19.6%; EBITDA margin expanded 151 bps to 19.0%. Q4FY26 saw 33.8% YoY revenue growth.
Outlook
Targets 200-250 new store openings in FY27; expanding into backpacks, luggage, and fragrances; scaling Ozark brand.
Risks
Gross margin declined 251 bps to 43.1% due to accounting changes in e-commerce; single-country sourcing concentration risks.
Earnings Call filed with NSE, NSE: REDTAPE. Summary written with AI assistance from the document.
Redtape Ltd: key numbers
- Share price
- ₹113.65
- Market cap
- ₹6,283 Cr
- Revenue (annual)
- ₹2,419 Cr
- Net profit (annual)
- ₹240.6 Cr
- P/E (TTM)
- 25.5×Sector 66.8×
- Promoter holding
- 71.83%+0.00% QoQ
- FII holding
- 3.21%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Redtape Ltd
All →Redtape Price Movement Clarification
Redtape replied to NSE's spurt-in-volume query, stating no undisclosed information drives the price move. It attributed the volume rise to prevailing market conditions and market-driven factors.
Redtape Management Change
Redtape Limited shareholders approved the re-appointment of Mr. Rashid Ahmed Mirza as Director and Mr. Shuja Mirza as Managing Director at the 5th AGM.
Redtape Annual General Meeting
Redtape Ltd held its 5th Annual General Meeting on August 25, 2026. The meeting discussed financial statements, director re-appointments, and declared a final dividend.
Redtape Investor Presentation: Key Takeaways
RedTape reported its highest-ever Q1 profit of INR 47 crores. The company maintained a profitability-first approach, prioritizing brand integrity over high-discount e-commerce volume.
Redtape Results Update
RedTape Limited reported a standalone Q1 FY27 revenue of ₹480 Crore with a profit of ₹47 Crore, driven by healthy retail demand and disciplined cost management.
Redtape Investor Presentation: Key Takeaways
RedTape reports resilient Q1 FY27 results with revenue of ₹480 Cr and EBITDA margin at 20.4%, driven by retail expansion and footwear dominance (56% mix).
- Call
- Guides 20% growth