| Management target | Revenue 19.6% FY26 |
|---|
| Revenue growth | 3.7% YoY in Q1 FY27. |
|---|---|
| Margins | EBITDA margins expanded 323 bps YoY to 20.4%. |
| Demand visibility | Improving demand trends as Q1 progressed. |
| Management confidence | High; focusing on margin protection and profitable growth. |
Growth
Q1 FY27 revenue grew 3.7% YoY; Standalone PAT rose 19.4% to ₹47 Cr with 9.5% margin.
Outlook
Targeting FY26 revenue scale of ₹2,415 Cr. Launched Sprandi brand; expanding into Tier-3 cities with 702 current stores.
Risks
Near-term consumption trends were uneven; company faced pressure across key operating costs during the quarter.
Last quarter's promises, checked
Delivered
- Guided 16-19% EBITDA margin → delivered 20.4% (= BEAT)
- Guided 25-35% COCO store ratio → delivered ~26% (= BEAT)
- Guided 150-170 inventory days → delivered 171 days (= BEAT)
Partly delivered
- Guided 200-250 new stores annually → delivered 33 in Q1 (= PARTIAL)
Missed
- Guided 19.6% FY26 revenue growth → delivered 3.7% Q1 FY27 (= MISS)
Investor Presentation filed with NSE, NSE: REDTAPE. Summary written with AI assistance from the document.
Redtape Ltd: key numbers
- Share price
- ₹113.68
- Market cap
- ₹6,284 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 Q1 FY27 Results: Net Profit ₹44.5 Cr, Up 15.3% YoY
Redtape Ltd reported revenue from operations of ₹481.3 Cr (+3.7% YoY) and net profit of ₹44.5 Cr (+15.3% YoY) for Q1 FY27.
- Key figure
- Net profit ₹44.5 Cr · +15.3% YoY