REDTAPE Limited

BSE: REDTAPE543957ISIN INE0LXT01019

Consumer Discretionary
Footwear
BSE 1000

Share price

₹106.10-0.20 (-0.19%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

Splits and bonuses

4 Feb 2025 · Bonus 3:1

52W high: ₹159.00
52W low: ₹102.05
Off 52W high: -33.27%
1M return: -6.93%
3M return: -20.97%
6M return: -16.42%
1Y return: -22.61%
20D avg volume: 20,263
50 DMA: ₹115.08
200 DMA: ₹124.19

Key ratios Consolidated

Market cap: ₹5,865 Cr
Current price: ₹106.10
52W high / low: ₹159.00 / ₹102.05
Face value: ₹2.00
P/E: 23.80
P/B: 5.95
EPS (TTM): ₹4.46
Book value / share: ₹17.82
ROE: —
ROCE: 29.40%
Operating margin: —
Net margin: —
Debt / equity: 0.38
Net debt: ₹376.70 Cr
Interest cover: 5.76
Dividend yield: 1.89%
Dividend / share (TTM): ₹2.00
Payout: 44.84%
Cash conversion cycle: 150.5 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	474.84	481.28	675.51	786.55	492.40	464.31	505.97	664.57	415.80	441.89	506.86	617.57
	14.15	15.14	22.32	7.38	9.54	9.16	13.98	5.01	3.36	2.35	4.96	3.64
	488.99	496.42	697.83	793.93	501.94	473.47	519.95	669.58	419.16	444.24	511.82	621.21
	441.72	436.02	601.49	656.58	460.17	424.76	462.47	570.61	384.24	402.69	457.54	539.21
	14.70	14.22	11.11	12.43	14.18	14.00	23.01	14.51	13.63	13.16	12.90	16.17
	377.18	249.80	330.59	431.93	263.45	225.53	478.11	467.07	330.78	195.45	286.44	260.63
	32.23	32.12	30.94	33.83	30.02	29.75	29.55	32.37	29.68	28.65	26.78	18.31
	15.94	14.54	14.97	17.98	18.80	16.39	16.21	12.71	11.60	10.42	10.00	9.85
	25.74	23.73	22.45	22.63	21.76	21.08	21.52	22.08	20.91	18.92	15.42	16.49
	108.71	111.45	150.07	150.60	87.09	109.39	130.14	147.29	101.19	106.69	132.19	174.16
	47.27	60.40	96.34	137.35	41.77	48.71	57.48	98.97	34.92	41.55	54.28	82.00
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	47.27	60.40	96.34	137.35	41.77	48.71	57.48	98.97	34.92	41.55	54.28	82.00
	12.34	15.92	26.46	32.82	14.23	10.11	16.26	25.90	9.85	10.91	13.32	21.18
	34.93	44.48	69.88	104.53	27.54	38.60	41.22	73.07	25.07	30.64	40.96	60.82
	0.63	0.80	1.26	1.89	0.50	0.70	0.75	5.29	1.81	2.22	2.96	4.40
Key metrics
	88.95	98.67	133.76	177.96	82.33	86.18	95.21	133.76	67.43	70.89	79.70	108.34
	18.70%	20.50%	19.80%	22.60%	16.70%	18.60%	18.80%	20.10%	16.20%	16.00%	15.70%	17.50%
	7.40%	9.20%	10.30%	13.30%	5.60%	8.30%	8.10%	11.00%	6.00%	6.90%	8.10%	9.80%
	4.80%	—	8.30%	—	5.10%	—	6.50%	—	—	—	—	—
	-3.60%	3.70%	33.50%	18.40%	18.40%	5.10%	-0.20%	7.60%	—	—	—	—
	26.80%	15.20%	69.50%	43.10%	9.90%	26.00%	0.60%	20.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	2,418	2,419	2,021	1,843
	58.99	132.84	32.02	13.05
	2,477	2,552	2,053	1,856
	2,136	2,227	1,820	1,620
	52.46	51.72	64.31	58.39
	1,390	1,263	1,471	1,015
	129.12	124.54	120.25	92.66
	63.43	68.14	50.94	32.51
	94.55	87.92	83.43	59.24
	520.83	569.60	485.31	486.79
	341.36	324.17	232.92	236.24
	0.00	0.00	0.00	0.00
	341.36	324.17	232.92	236.24
	87.54	83.62	62.92	60.00
	253.82	240.55	170.00	176.24
	4.58	4.35	3.08	12.75
Key metrics
	499.34	480.23	367.29	327.99
	20.65%	19.90%	18.20%	17.80%
	10.50%	9.90%	8.40%	9.60%
	—	29.40%	25.10%	—
	13.68%	19.70%	9.70%	—
	40.68%	41.50%	-3.50%	—
	—	89.55	-166.70	—
	—	0.72	0.02	—
	—	0.38	0.46	—
	—	376.70	352.24	—
	—	150.5	149.7	—
Balance sheet
	—	2,306	2,224	—
	—	1,518	1,448	—
	—	8.95	13.69	—
	—	210.19	112.40	—
	—	1,152	1,221	—
	—	128.97	97.67	—
	—	445.69	381.46	—
	—	364.98	504.31	—
	—	969.93	1,092	—
	—	385.65	365.93	—
	—	371.35	351.25	—
	—	14.30	14.68	—
	—	1,021	788.84	—
Cash flow
	—	174.01	4.24	—
	—	-84.41	-109.24	—
	—	-93.99	98.69	—
	—	84.46	170.94	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	474.30	480.34	674.16	785.85	491.44	463.06	503.74	665.66	415.78	440.61	502.38	616.32
	14.09	15.21	22.52	7.43	9.60	9.05	27.25	5.00	3.36	2.35	4.99	3.41
	488.39	495.55	696.68	793.28	501.04	472.11	530.99	670.66	419.14	442.96	507.37	619.73
	440.45	432.71	599.16	654.74	458.85	422.69	461.10	570.23	383.55	401.60	456.61	538.69
	14.70	14.22	11.11	12.43	14.18	14.00	23.01	14.51	13.63	13.16	12.90	16.17
	377.18	249.80	329.08	431.35	263.10	225.04	479.33	468.80	330.79	193.57	282.12	260.63
	31.96	31.75	30.61	33.55	29.77	29.42	29.17	32.05	29.34	28.25	26.48	18.06
	15.82	14.51	14.92	17.96	18.78	16.38	16.20	12.69	11.58	10.40	9.96	9.83
	25.65	23.64	22.40	22.54	21.64	20.98	21.46	21.97	20.72	18.72	15.21	16.35
	108.27	110.77	149.54	150.12	86.53	108.66	129.43	146.85	101.02	106.39	131.94	174.05
	47.94	62.84	97.52	138.54	42.19	49.42	69.89	100.43	35.59	41.36	50.76	81.04
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	47.94	62.84	97.52	138.54	42.19	49.42	69.89	100.43	35.59	41.36	50.76	81.04
	12.34	15.92	26.35	32.82	14.23	10.11	15.67	26.36	9.91	10.85	12.22	20.93
	35.60	46.92	71.17	105.72	27.96	39.31	54.22	74.07	25.68	30.51	38.54	60.11
	0.64	0.85	1.29	1.91	0.51	0.71	0.98	5.36	1.86	2.21	2.79	4.35
Key metrics
	89.41	100.99	134.84	179.04	82.61	86.78	107.55	135.09	67.89	70.48	75.93	107.22
	18.90%	21.00%	20.00%	22.80%	16.80%	18.70%	21.40%	20.30%	16.30%	16.00%	15.10%	17.40%
	7.50%	9.80%	10.60%	13.50%	5.70%	8.50%	10.80%	11.10%	6.20%	6.90%	7.70%	9.80%
	4.80%	—	8.40%	—	5.20%	—	7.60%	—	—	—	—	—
	-3.50%	3.70%	33.80%	18.10%	18.20%	5.10%	0.30%	8.00%	—	—	—	—
	27.30%	19.40%	31.30%	42.70%	8.90%	28.80%	40.70%	23.20%	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	2,415	2,415	2,018	1,832
	59.25	133.04	45.29	12.77
	2,474	2,548	2,064	1,845
	2,127	2,220	1,816	1,617
	52.46	51.72	64.31	58.39
	1,387	1,261	1,472	1,011
	127.87	123.35	118.81	91.52
	63.21	68.04	50.87	32.44
	94.23	87.56	82.87	58.76
	518.70	567.30	483.69	486.23
	346.84	327.67	247.27	227.29
	0.00	0.00	0.00	—
	346.84	327.67	247.27	227.29
	87.43	83.51	62.79	57.49
	259.41	244.16	184.48	169.80
	4.69	4.42	3.34	12.29
Key metrics
	504.28	483.27	381.01	318.49
	20.88%	20.00%	18.90%	17.40%
	10.74%	10.10%	9.10%	9.30%
	—	29.60%	26.40%	—
	13.69%	19.60%	10.20%	—
	32.65%	32.40%	8.60%	—
	—	91.34	-173.67	—
	—	0.72	-0.02	—
	—	0.38	0.46	—
	—	377.32	355.28	—
	—	150.5	149.9	—
Balance sheet
	—	2,304	2,219	—
	—	1,518	1,444	—
	—	8.33	10.65	—
	—	209.03	111.13	—
	—	1,150	1,218	—
	—	128.26	97.49	—
	—	444.84	380.50	—
	—	363.41	500.18	—
	—	965.23	1,087	—
	—	385.65	365.93	—
	—	371.35	351.25	—
	—	14.30	14.68	—
	—	1,025	788.11	—
Cash flow
	—	175.80	-2.99	—
	—	-84.41	-93.53	—
	—	-93.71	98.96	—
	—	84.46	170.68	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +13.69%
Profit YoY (TTM): +32.65%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +13.68%
Profit YoY (TTM): +40.68%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 71.83%

Quarter	September 2026	June 2026
Promoter %	71.83%	71.83%

Holder	Type	Holding	Previous	Change
RASHID AHMED MIRZA	Promoter	35.81%	35.81%	0.00%
SHUJA MIRZA	Promoter Group	35.79%	35.79%	0.00%
ICICI PRUDENTIAL INDIA OPPORTUNITIES FUND	Public	7.77%	—	—
HDFC SMALL CAP FUND	Public	4.05%	4.05%	0.00%
EASTSPRING INVESTMENTS INDIA FUND	Public	1.70%	1.70%	0.00%
TAUSEEF AHMAD MIRZA	Promoter	0.06%	0.06%	0.00%
FAUZIA MIRZA	Promoter Group	0.05%	0.05%	0.00%
HAYA MIRZA	Promoter Group	0.04%	0.04%	0.00%
FIRDAUS AMIN	Promoter Group	0.04%	0.04%	0.00%
FOREIGN BANK	Public	0.03%	0.03%	0.00%
SHAHID AHMAD MIRZA	Promoter	0.02%	0.02%	0.00%
IRAM MIRZA	Promoter Group	0.02%	0.02%	0.00%
MUSTAFA MIRZA	Promoter Group	0.00%	0.00%	0.00%
FARAZ MIRZA	Promoter Group	0.00%	0.00%	0.00%
SARAH MIRZA	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Metro Brands Limited	23,412	858.80	55.66	19.50%	+15.60% TTM	+17.43% TTM	-24.10%
Bata India Limited	8,141	633.40	54.12	11.20%	+4.72% TTM	-11.78% TTM	-40.65%
Relaxo Footwears Ltd. S	7,183	288.55	38.78	10.80%	+2.11% TTM	+5.98% TTM	-33.34%
Campus Activewear Limited S	6,104	199.70	39.62	20.70%	+13.71% TTM	+30.53% TTM	-27.51%
REDTAPE Limited	5,865	106.10	23.80	29.40%	+13.68% TTM	+40.68% TTM	-22.61%
Sreeleathers Limited S	596	257.00	18.15	7.50%	+16.69% TTM	+57.01% TTM	+14.53%
Liberty Shoes Ltd. S	328	192.45	38.34	8.80%	+6.46% TTM	-30.17% TTM	-38.82%
LEHAR FOOTWEARS LIMITED S	291	164.75	21.01	22.90%	-29.56% TTM	-36.32% TTM	-31.40%
Khadim India Limited	221	120.05	79.65	10.70%	-31.56% TTM	-47.53% TTM	-50.96%
Acme Universal Safezone 9 Limited S	199	106.08	—	—	—	—	—
KSR Footwear Limited S	64	34.95	-8.46	-14.30%	—	—	—
SARUP INDUSTRIES LIMITED S	34	104.80	67.18	4.00%	-6.38% TTM	-89.51% TTM	-14.08%
MARC LOIRE FASHIONS LIMITED S	24	34.01	13.60	7.50%	—	—	-50.72%

Filings & corporate actions

Recent announcements

Investor Presentation4 Nov 2026 · Company Update / Investor Presentation
Press Release for Financial Results for the 2nd Quarter and Half Year ended September 30, 20264 Nov 2026 · Company Update / Press Release / Media Release
Outcome of Board Meeting4 Nov 2026 · Result / Financial Results
Outcome of Board Meeting4 Nov 2026 · Board Meeting / Outcome of Board Meeting
Intimation of Investor Meet3 Nov 2026 · Company Update / Analyst / Investor Meet
Redtape Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2026 ,inter alia, to consider and approve Regulation 29 of the SEBI (Listing ....27 Oct 2026 · Board Meeting / Board Meeting
Certificate in terms of Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the 2nd Quarter ended on September 30, 20269 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Compliance Status under Regulation 6(1) and 7(1) of SEBI (LODR) Regulations, 2015 for the second Quarter ended on September 30, 20261 Oct 2026 · Company Update / General
Intimation for closure of trading window21 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Reply to the Volume Movement Letter having reference no. L/SURV/ONL/PV/SG/2026-2027/36616 Sep 2026 · Company Update / General
The Exchange has sought clarification from Redtape Ltd on September 16, 2026, with reference to Movement in Volume. <BR><BR>The reply is awaited.16 Sep 2026 · Company Update / Clarification
Intimation regarding Change in Management under Regulation 30 of SEBI (LODR) Regulations, 201526 Aug 2026 · Company Update / Change in Management
Voting Results of the 5th Annual General Meeting and Scrutinizer Report26 Aug 2026 · AGM/EGM / AGM
Outcome/ Proceedings of 5th Annual General Meeting of the Company held on August 25, 202625 Aug 2026 · AGM/EGM / AGM
Transcript of the Investor Meet for the First Quarter ended June 30, 202614 Aug 2026 · Company Update / Earnings Call Transcript
Outcome of Investor Meet11 Aug 2026 · Company Update / Analyst / Investor Meet
Outcome of Investor Meet11 Aug 2026 · Company Update / Analyst / Investor Meet
Newspaper Publication under Regulation 30 and 47 of SEBI (LODR) Regulations, 201511 Aug 2026 · Company Update / Newspaper Publication
Press Release10 Aug 2026 · Company Update / Press Release / Media Release
Investor Presentation10 Aug 2026 · Company Update / Investor Presentation
Clarification10 Aug 2026 · Company Update / General
Results for Quarter ended June 30, 202610 Aug 2026 · Result / Financial Results
Results for Quarter ended June 30, 202610 Aug 2026 · Company Update / General
Results for the Quarter ended June 30, 202610 Aug 2026 · Result / Financial Results
Quarterly Results10 Aug 2026 · Board Meeting / Outcome of Board Meeting
Intimation regarding meeting with Institutional Investors and Analysts6 Aug 2026 · Company Update / Analyst / Investor Meet
Intimation of Investors Meet5 Aug 2026 · Company Update / Analyst / Investor Meet
Redtape Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2026 ,inter alia, to consider and approve Intimation of Board Meeting to consider ....3 Aug 2026 · Board Meeting / Board Meeting
Copies of newspaper publication for dispatch of Notice and Annual Report3 Aug 2026 · Company Update / Newspaper Publication
Annual Report for FY 2025-261 Aug 2026 · Company Update / General
Notice of 5th Annual General Meeting1 Aug 2026 · Company Update / General
Business Responsibility and Sustainability Report for FY 2025-261 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Annual Report for Financial Year 2025-261 Aug 2026 · Others / Reg. 34 (1) Annual Report
Notice of 5th Annual General Meeting1 Aug 2026 · AGM/EGM / AGM
Copies of Newspaper Publication31 Jul 2026 · Company Update / Newspaper Publication
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended June 30, 20266 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Compliance Status of Regulation 6 and 7 of SEBI (LODR) Regulations, 2015 for the quarter ended June 30, 20264 Jul 2026 · Company Update / General
Intimation for Closure of Trading Window25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Updates on Re-lodgement of Transfer Requests of Physical Shares20 Jun 2026 · Company Update / General
Transcript of Investor Meet for the 4th Quarter and year ended March 31, 20262 Jun 2026 · Company Update / Earnings Call Transcript

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 2.0000	31 Jul 2026	31 Jul 2026	—
Final Dividend - Rs. - 0.2500	1 Aug 2025	1 Aug 2025	—
Bonus issue 3:1	4 Feb 2025	4 Feb 2025	—
Interim Dividend - Rs. - 2.0000	3 Jan 2025	3 Jan 2025	—

Board meetings

4 Nov 2026 Board Meeting - Financial Results
10 Aug 2026 Board Meeting - Financial Results