REDTAPE Stock Overview
Manufactures and sells footwear and clothing for men, women, and kids in India and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 1/6 |
Rewards
Risk Analysis
No risks detected for REDTAPE from our risk checks.
My Notes
Capture your thoughts, links and company narrative
REDTAPE Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹751.10 |
| 52 Week High | ₹980.00 |
| 52 Week Low | ₹536.10 |
| Beta | 0 |
| 1 Month Change | -13.14% |
| 3 Month Change | -20.62% |
| 1 Year Change | 33.09% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 52.09% |
Recent News & Updates
Capital Investments At REDTAPE (NSE:REDTAPE) Point To A Promising Future
Oct 01
Does REDTAPE (NSE:REDTAPE) Have A Healthy Balance Sheet?
Sep 06Shareholder Returns
| REDTAPE | IN Specialty Retail | IN Market | |
|---|---|---|---|
| 7D | -0.2% | -3.5% | -0.3% |
| 1Y | 33.1% | 49.5% | 10.6% |
Return vs Industry: REDTAPE underperformed the Indian Specialty Retail industry which returned 48.8% over the past year.
Return vs Market: REDTAPE exceeded the Indian Market which returned 10.8% over the past year.
Price Volatility
| REDTAPE volatility | |
|---|---|
| REDTAPE Average Weekly Movement | 5.6% |
| Specialty Retail Industry Average Movement | 6.6% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in IN Market | 9.1% |
| 10% least volatile stocks in IN Market | 4.2% |
Stable Share Price: REDTAPE has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: REDTAPE's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | 867 | Shuja Mirza | redtape.com |
REDTAPE Limited manufactures and sells footwear and clothing for men, women, and kids in India and internationally. It offers footwear, such as boots, sliders, casual and formal shoes, sandals, slippers, flip flops, classics range, and sports shoes; topwear, including jackets, shirts, sweaters, sweat shirts, hoodies, T-shirts, kurtas, top/tunics, and dress/jumpsuits; bottomwear, such as jeans, trousers, shorts, jeggings, pants, bottoms, trackpants, and joggers; and sports wear comprising active T-shirts, shorts, tights/leggings, and trackpants/joggers; as well as innerwear comprising briefs and trunks. The company also provides accessories, including bags, caps, belts, socks, wallets, handkerchiefs, and shoe care products, as well as gift cards.
REDTAPE Limited Fundamentals Summary
| REDTAPE fundamental statistics | |
|---|---|
| Market cap | ₹103.80b |
| Earnings (TTM) | ₹1.57b |
| Revenue (TTM) | ₹19.82b |
65.9x
P/E Ratio5.2x
P/S RatioIs REDTAPE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| REDTAPE income statement (TTM) | |
|---|---|
| Revenue | ₹19.82b |
| Cost of Revenue | ₹10.64b |
| Gross Profit | ₹9.19b |
| Other Expenses | ₹7.61b |
| Earnings | ₹1.57b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 11.39 |
| Gross Margin | 46.34% |
| Net Profit Margin | 7.95% |
| Debt/Equity Ratio | 35.2% |
How did REDTAPE perform over the long term?
See historical performance and comparisonDividends
0.5%
Current Dividend Yieldn/a
Payout RatioDoes REDTAPE pay a reliable dividends?
See REDTAPE dividend history and benchmarks| REDTAPE dividend dates | |
|---|---|
| Ex Dividend Date | Jan 03 2025 |
| Dividend Pay Date | Jan 25 2025 |
| Days until Ex dividend | 16 days |
| Days until Dividend pay date | 6 days |
Does REDTAPE pay a reliable dividends?
See REDTAPE dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/18 07:28 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
REDTAPE Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|