REDTAPE Balance Sheet Health
Financial Health criteria checks 3/6
REDTAPE has a total shareholder equity of ₹8.6B and total debt of ₹9.3B, which brings its debt-to-equity ratio to 108.4%. Its total assets and total liabilities are ₹22.9B and ₹14.3B respectively. REDTAPE's EBIT is ₹3.4B making its interest coverage ratio 4.9. It has cash and short-term investments of ₹288.6M.
Key information
108.42%
Debt to equity ratio
₹9.30b
Debt
| Interest coverage ratio | 4.9x |
| Cash | ₹288.60m |
| Equity | ₹8.57b |
| Total liabilities | ₹14.33b |
| Total assets | ₹22.91b |
Recent financial health updates
Is REDTAPE (NSE:REDTAPE) A Risky Investment?
Feb 14
Here's Why REDTAPE (NSE:REDTAPE) Has A Meaningful Debt Burden
Jul 08Does REDTAPE (NSE:REDTAPE) Have A Healthy Balance Sheet?
Jan 21Does REDTAPE (NSE:REDTAPE) Have A Healthy Balance Sheet?
Sep 06Recent updates
Is REDTAPE (NSE:REDTAPE) A Risky Investment?
Feb 14Capital Investment Trends At REDTAPE (NSE:REDTAPE) Look Strong
Nov 04Here's Why REDTAPE (NSE:REDTAPE) Has A Meaningful Debt Burden
Jul 08Returns On Capital Signal Tricky Times Ahead For REDTAPE (NSE:REDTAPE)
Mar 28REDTAPE Limited's (NSE:REDTAPE) 25% Share Price Plunge Could Signal Some Risk
Mar 04Does REDTAPE (NSE:REDTAPE) Have A Healthy Balance Sheet?
Jan 21Capital Investments At REDTAPE (NSE:REDTAPE) Point To A Promising Future
Oct 01Does REDTAPE (NSE:REDTAPE) Have A Healthy Balance Sheet?
Sep 06Concerns Surrounding Redtape's (NSE:REDTAPE) Performance
Jun 06Redtape's (NSE:REDTAPE) Profits May Not Reveal Underlying Issues
Nov 17Financial Position Analysis
Short Term Liabilities: REDTAPE's short term assets (₹15.2B) exceed its short term liabilities (₹11.1B).
Long Term Liabilities: REDTAPE's short term assets (₹15.2B) exceed its long term liabilities (₹3.2B).
Debt to Equity History and Analysis
Debt Level: REDTAPE's net debt to equity ratio (105.1%) is considered high.
Reducing Debt: Insufficient data to determine if REDTAPE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: REDTAPE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: REDTAPE's interest payments on its debt are well covered by EBIT (4.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/13 12:47 |
| End of Day Share Price | 2026/04/13 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/03/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| 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.
Analysis Model and Snowflake
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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 Github.
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.