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REDTAPE NSEI:REDTAPE Stock Report

Last Price

₹702.00

Market Cap

₹96.2b

7D

4.6%

1Y

67.1%

Updated

05 Sep, 2024

Data

Company Financials

REDTAPE Stock Overview

Manufactures and sells footwear and clothing for men, women, and kids in India and internationally.

REDTAPE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends0/6

REDTAPE Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for REDTAPE
Historical stock prices
Current Share Price₹702.00
52 Week High₹810.05
52 Week Low₹411.05
Beta0
11 Month Change1.30%
3 Month Change-10.06%
1 Year Change67.10%
33 Year Changen/a
5 Year Changen/a
Change since IPO42.15%

Recent News & Updates

Recent updates

Concerns Surrounding Redtape's (NSE:REDTAPE) Performance

Jun 06
Concerns Surrounding Redtape's (NSE:REDTAPE) Performance

Redtape's (NSE:REDTAPE) Profits May Not Reveal Underlying Issues

Nov 17
Redtape's (NSE:REDTAPE) Profits May Not Reveal Underlying Issues

Shareholder Returns

REDTAPEIN Specialty RetailIN Market
7D4.6%-0.9%0.5%
1Y67.1%114.6%42.6%

Return vs Industry: REDTAPE underperformed the Indian Specialty Retail industry which returned 114.6% over the past year.

Return vs Market: REDTAPE exceeded the Indian Market which returned 42.6% over the past year.

Price Volatility

Is REDTAPE's price volatile compared to industry and market?
REDTAPE volatility
REDTAPE Average Weekly Movement4.0%
Specialty Retail Industry Average Movement6.4%
Market Average Movement6.5%
10% most volatile stocks in IN Market9.6%
10% least volatile stocks in IN Market4.1%

Stable Share Price: REDTAPE has not had significant price volatility in the past 3 months.

Volatility Over Time: REDTAPE's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1996803Shuja Mirzaredtape.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

How do REDTAPE's earnings and revenue compare to its market cap?
REDTAPE fundamental statistics
Market cap₹96.16b
Earnings (TTM)₹1.60b
Revenue (TTM)₹18.90b

60.6x

P/E Ratio

5.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
REDTAPE income statement (TTM)
Revenue₹18.90b
Cost of Revenue₹9.91b
Gross Profit₹8.99b
Other Expenses₹7.39b
Earnings₹1.60b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)11.59
Gross Margin47.56%
Net Profit Margin8.47%
Debt/Equity Ratio74.0%

How did REDTAPE perform over the long term?

See historical performance and comparison