| Revenue growth | 3.7% YoY standalone revenue growth in Q1 FY27. |
|---|---|
| Margins | Gross margin at 47.5%; EBITDA margin at 20.4%. |
| Demand visibility | Improving trends after a soft start to the quarter. |
| Management confidence | High; focusing on sustainable profitable growth over discounted turnover. |
Growth
Standalone revenue grew 3.7% YoY to INR 480 crores; PAT grew 19.4% YoY to INR 47 crores.
Outlook
Aspirations to open 150+ stores in FY27 and launch the Sprandi brand by September 2026.
Risks
Near-term uneven demand, input/labor cost pressures, and aggressive discounting by e-commerce marketplaces.
Last quarter's promises, checked
Delivered
- Guided 16-19% EBITDA → delivered 20.4% (= BEAT)
- Guided 25-35% COCO store ratio → delivered 25-27% (= BEAT)
- Guided inventory reduction to 150 days → delivered 150 days (= BEAT)
Partly delivered
- Guided 200-250 store additions → delivered 150+ target (= PARTIAL)
Missed
- Guided 19.6% revenue growth → delivered 3.7% (= MISS)
Investor Presentation filed with BSE, NSE: REDTAPE. Summary written with AI assistance from the document.
Redtape Ltd: key numbers
- Share price
- ₹114.80
- Market cap
- ₹6,346 Cr
- Revenue (annual)
- ₹2,419 Cr
- Net profit (annual)
- ₹240.6 Cr
- P/E (TTM)
- 25.8×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 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
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