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RedTape

REDTAPE Share Price

127.099.16% (-12.82)
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REDTAPE Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

REDTAPE Performance & Key Metrics

REDTAPE Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
41.2310.831.77%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
37.576.350.71%

REDTAPE Analyst Ratings & Forecast

Analyst Ratings data is currently unavailable for this stock

Price Upside

Earnings Growth

Rev. Growth

REDTAPE Company Profile

RedTape Limited operates as a fashion and lifestyle brand, offering a diverse product range from footwear to apparel, targeting various international markets.

REDTAPE Similar Stocks (Peers)

Compare with peers Compare with peers 

REDTAPE Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
131.81
131.81
1Y Return
10.50%
10.50%
Buy Reco %
58.82
58.82
PE Ratio
-93.06
-93.06
1Y Return
49.95%
49.95%
Buy Reco %
PE Ratio
-24.08
-24.08
1Y Return
36.24%
36.24%
Buy Reco %
90.48
90.48
PE Ratio
88.26
88.26
1Y Return
168.95%
168.95%
Buy Reco %
100.00
100.00
PE Ratio
41.96
41.96
1Y Return
14.87%
14.87%
Buy Reco %
Compare with Peers

REDTAPE Sentiment Analysis

REDTAPE Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

REDTAPE Stock Summary · January 2025

Company is navigating a complex landscape characterized by declining market share in deposits, challenges in meeting Priority Sector Lending (PSL) obligations, and fluctuations in current account flows. Despite these hurdles, the bank is focusing on enhancing customer engagement and service delivery to drive deposit growth, with recent monthly inflows showing a positive trend. The management emphasizes a strategic approach to maintaining profitability over aggressive expansion, particularly in light of competitive pressures and a tight liquidity environment. Efforts to improve operational efficiencies through digitization and a commitment to stable cost management are underway, alongside a proactive strategy to reduce borrowings and strengthen the balance sheet. Overall, while facing short-term challenges, the bank remains optimistic about future performance and is committed to achieving sustainable growth through strategic investments and improved customer outreach.

REDTAPE Stock Growth Drivers
REDTAPE Stock Growth Drivers
2
  • Focus on Sustainable Growth

    Company is prioritizing profitable growth over mere expansion, emphasizing a strategy that encourages ground-level teams

  • Stable Financial Metrics

    The company has maintained a return on assets (ROA) of 1.9% post-merger, showcasing stability in

end marker
REDTAPE Stock Challenges
REDTAPE Stock Challenges
1
  • Deposit Growth Shortfalls

    The company has experienced deposit growth that has not met expectations, attributed to seasonal trends

end marker

REDTAPE Forecast

What are forecasts?

What are forecasts?

Forecasting uses historical data as inputs to make informed predictive estimates determining the direction of future trends. Price, revenue & earnings forecasts represent where the stock level, business prospects and profits are potentially expected to be at the end of the forecast period

REDTAPE Forecasts

empty forecast

Forecast data is currently unavailable

Forecast data is currently unavailable

Price

Price Upside

Revenue

Revenue Growth

Earnings

Earnings Per Share

REDTAPE

REDTAPE

Income

Balance Sheet

Cash Flow

REDTAPE Income Statement

REDTAPE Income Statement

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Financial YearFY 2022FY 2023FY 2024FY 2025TTM
Total Revenue303.281,474.831,855.972,052.182,052.18
Raw Materialssubtract207.641,020.831,060.931,684.871,684.86
Power & Fuel Costsubtract3.1414.4214.62
Employee Costsubtract11.8567.9792.66
Selling & Administrative Expensessubtract58.46274.66355.23
Operating & Other expensessubtract-25.03-154.050.47
Depreciation/Amortizationsubtract2.4344.4459.2483.2883.28
Interest & Other Itemssubtract3.9917.4636.5850.9150.91
Taxes & Other Itemssubtract11.7646.9560.0062.8862.88
EPS5,808.0020.565.103.083.08
DPS0.000.000.002.250.00
Payout ratio0.000.000.000.730.00

REDTAPE Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual report

PDF
 

REDTAPE Stock Peers

What are peers and why compare against them?

What are peers and why compare against them?

A stock's peers are companies which have similar business interests, operations and belong to the same industry sector. Comparing various metrics against peers can give valuable insights on whether the company's stock is over/under-valued and the company's growth outlook vs the industry as a whole

REDTAPE Past Performance & Peer Comparison

REDTAPE Past Performance & Peer Comparison

Comparing 3 stocks from 
Consumer DiscretionaryRetail - Apparel

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
RedTape41.2410.831.77%
Trent Ltd131.8136.510.09%
Brainbees Solutions Ltd-93.064.70
Aditya Birla Fashion and Retail Ltd-24.081.92

REDTAPE Stock Price Comparison

Compare REDTAPE with any stock or ETF
Compare REDTAPE with any stock or ETF
REDTAPE
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REDTAPE Holdings

REDTAPE Shareholdings

What are shareholdings?

What are shareholdings?

Apart from retail investors, a company’s shares are held by promoters, foreign & domestic institutions (large investors) and mutual funds. Promoters are the ship captains and control the company’s direction. Along with institutional and mutual fund holdings, a change in their holdings can indicate performance outlook for the stock

REDTAPE Promoter Holdings Trend

REDTAPE Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

REDTAPE Institutional Holdings Trend

REDTAPE Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

REDTAPE Shareholding Pattern

REDTAPE Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding71.80%10.22%0.02%3.52%14.44%

Sep 2024

Dec 2024

Feb 2025

Mar 2025

REDTAPE Shareholding History

REDTAPE Shareholding History

MarJunSepDec '24FebMar3.10%3.17%3.29%3.48%3.44%3.52%

Mutual Funds Invested in REDTAPE

Mutual Funds Invested in REDTAPE

No mutual funds holding trends are available

Top 5 Mutual Funds holding RedTape




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
8.7733%3.52%3.52%8/68 (+29)
6.5227%1.35%1.35%25/87 (+36)
0.5894%1.31%1.31%28/64 (+20)

Compare 3-month MF holding change on Screener

REDTAPE Insider Trades & Bulk Stock Deals

REDTAPE Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing REDTAPE stock

smallcases containing REDTAPE stock

Looks like this stock is not in any smallcase yet.

REDTAPE Events

REDTAPE Events

REDTAPE Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

What are dividends?

What are dividends?

Dividends are a portion of earnings that a company distributes to all its shareholders every year. Dividend return is one of the most important things to be considered while investing for long term. It’s the additional return on top of what investors earn through price appreciation

REDTAPE Dividend Trend

No dividend trend available

REDTAPE Dividends

REDTAPE Dividends

Hmm, looks like data is unavailable here. Please come back after some time

REDTAPE Stock News & Opinions

REDTAPE Stock News & Opinions

Spotlight
Redtape drops after Q4 PAT slides 43% QoQ

Profit before tax (PBT) stood at Rs 57.70 crore in Q4 FY25, down 41.71% quarter-on-quarter, but up 6.28% year-on-year. The company's consolidated net profit rose 1.25% while net sales declined 0.32% in Q4 March 2025 over Q4 March 2024. For the full year, net profit fell 3.40% to Rs 170.24 crore while net sales increased 9.28% to Rs 2,020.18 crore in the year ended March 2025 over the year ended March 2024. PBT fell 1.32% year-on-year to Rs 233.12 crore in FY25 over FY24. The company's consolidated net cash from operating activities stood at Rs 13.96 crore in FY25, lower than Rs 84.37 crore in FY24. Redtape is engaged in the business of retail sale of footwear, garments & apparels and allied products and is also a manufacturer of footwear. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Board of Redtape recommends final dividend

Redtape announced that the Board of Directors of the Company at its meeting held on 27 May 2025, inter alia, have recommended the final dividend of Rs 0.25 per equity Share (i.e. 12.5%) , subject to the approval of the shareholders.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Earnings
Redtape consolidated net profit rises 1.25% in the March 2025 quarter

Net profit of Redtape rose 1.25% to Rs 41.47 crore in the quarter ended March 2025 as against Rs 40.96 crore during the previous quarter ended March 2024. Sales declined 0.32% to Rs 505.24 crore in the quarter ended March 2025 as against Rs 506.86 crore during the previous quarter ended March 2024. For the full year,net profit declined 3.40% to Rs 170.24 crore in the year ended March 2025 as against Rs 176.24 crore during the previous year ended March 2024. Sales rose 9.28% to Rs 2020.18 crore in the year ended March 2025 as against Rs 1848.59 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales505.24506.86 0 2020.181848.59 9 OPM %16.0914.75 -16.6017.34 - PBDT79.0669.70 13 316.40295.48 7 PBT57.6954.28 6 233.12236.24 -1 NP41.4740.96 1 170.24176.24 -3 Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Redtape announces board meeting date

Redtape will hold a meeting of the Board of Directors of the Company on 27 May 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Redtape consolidated net profit rises 20.14% in the December 2024 quarter

Net profit of Redtape rose 20.14% to Rs 73.07 crore in the quarter ended December 2024 as against Rs 60.82 crore during the previous quarter ended December 2023. Sales rose 7.61% to Rs 664.57 crore in the quarter ended December 2024 as against Rs 617.57 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales664.57617.57 8 OPM %19.3716.95 - PBDT121.0598.49 23 PBT98.9782.00 21 NP73.0760.82 20 Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Redtape to discuss results

Redtape will hold a meeting of the Board of Directors of the Company on 12 February 2025.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Board of Redtape allots 41.46 cr equity shares under bonus issue

The Board of Redtape at its meeting held on 05 February 2025 has allotted 41,46,05,700 equity shares of Rs. 2 each as fully paid-up bonus equity shares, in proportion of 3:1. Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Redtape fixes record date for bonus issue

Redtape has fixed 04 February 2025 as record date for bonus issue of 3:1. The deemed date of allotment of these bonus shares would be 05 February 2025. Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Redtape to conduct EGM

Redtape announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 23 January 2025.Powered by Capital Market - Live

5 months agoCapital Market - Live
Corporate
Board of Redtape recommends interim dividend

Redtape announced that the Board of Directors of the Company at its meeting held on 26 December 2024, inter alia, have recommended the interim dividend of Rs 2 per equity Share (i.e. 100%) , subject to the approval of the shareholders.Powered by Capital Market - Live

5 months agoCapital Market - Live

REDTAPE Stock FAQs

REDTAPE Stock FAQs

  1. How to Buy RedTape Shares?

    You can easily buy the stocks/shares of RedTape (REDTAPE) on Tickertape or through broker platform by opening a Demat & Trading account online

  2. What is the Share Price of RedTape?

    The stock prices are volatile and keep changing through the day depending upon various factors and market conditions. The Share price of REDTAPE as on 15th May 2025 is ₹127.09

  3. What is the return on RedTape share?

    The past returns of RedTape (REDTAPE) share are
    • Past 1 week: N/A
    • Past 1 month: N/A
    • Past 3 months: -20.77
    • Past 6 months: -85.24
    • Past 1 year: -83.86
    • Past 3 years: N/A
    • Past 5 years: -74.26

  4. What is the Dividend yield % on RedTape share?

    The current dividend yield of RedTape (REDTAPE) is 1.77

  5. What is the Market Cap of RedTape?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of RedTape (REDTAPE) is ₹7020.10Cr as of 15th May 2025

  6. What is the 52 Week High and Low of RedTape?

    The 52-week high and low of RedTape (REDTAPE) is ₹980 and ₹123.73.

  7. What is the PE and PB ratio of RedTape?

    The P/E (price-to-earnings) and P/B (price-to-book) ratios of RedTape are 41.24 and 10.83 respectively.

  8. Which sector does RedTape belong to?

    RedTape (REDTAPE) belongs to the Consumer Discretionary sector & Retail - Apparel sub-sector.

  9. What are the peers or stocks similar to RedTape?
  10. Can't decide whether or not to buy RedTape?

    Worry no more! Login to Tickertape and check out RedTape (REDTAPE) scorecard & all the relevant insights today

  11. 5. Test Stocks FAQ What is the 52 Week High and Low of RedTape?

    The 52-week high and low of RedTape (REDTAPE) is ₹980 and ₹123.73.

  12. 1. Test Stocks FAQ for RedTape Shares?

    You can easily buy the stocks/shares of RedTape (REDTAPE) on Tickertape or through broker platform by opening a Google & Trading account online

  13. 3. Test Stocks FAQ What is the Share Price of RedTape?

    The stock prices are volatile and keep changing through the day depending upon various factors and market conditions. The Share price of REDTAPE as on 15th May 2025 is ₹127.09