Redtape Ltd Stock Price Today (NSE: REDTAPE)

Redtape Ltd

REDTAPEFootwear
137.990.92 (0.66%)
Market Closed

Fundamental Score

...

Redtape Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Redtape Ltd share price today is 137.99, down 0.66% on NSE/BSE as of 19 June 2026. Redtape Ltd (REDTAPE) is a Mid-cap company in the Footwear sector with a market capitalisation of 7.23K (Cr). The 52-week high for REDTAPE share price is 163.50 and the 52-week low is 107.53. At a P/E ratio of 40.03x, REDTAPE is currently trading above its industry average P/E of 40.03x. The company has a Return on Equity (ROE) of 23.55% and a debt-to-equity ratio of 1.08.

Redtape Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
158.99
Low
120.31
Volume
14.6L
Change
+8.15%

Redtape Ltd share price chart: 8.15% return over the past month. 52-week high ₹163.50, 52-week low ₹107.53.

Redtape Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
139.00139.00132.33137.9911.02L (Cr)
140.00141.65134.29138.9118.36L (Cr)
141.37144.99137.15139.5248.11L (Cr)
155.00158.99137.83141.3768.34L (Cr)
135.00157.50131.31148.49154.12L (Cr)
135.90136.00130.47133.1711.13L (Cr)
130.46136.30129.05134.0714.80L (Cr)
128.31129.00125.30128.504.20L (Cr)
127.99129.75125.10128.311.43L (Cr)
127.00132.40125.51128.393.98L (Cr)

Redtape Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
140.00141.65132.33137.99-1.44%
129.90158.99120.31139.52+7.41%
112.35131.69110.65128.48+14.36%
110.25124.00108.16109.93-0.29%
124.02138.70117.01117.39-5.35%
122.64134.80107.53123.68+0.85%
131.09131.95121.08123.92-5.47%
137.72142.90126.10131.09-4.81%
143.99147.20129.61137.34-4.62%
122.35163.50121.80143.58+17.35%
127.60130.88119.51122.10-4.31%
130.73142.30125.89128.88-1.42%

AI Research Briefing

Powered by Gemini · 2026-04-08

Redtape's upside is capped by input cost pressures and moderate financials despite industry tailwinds.

Research Confidence
6.0/10Moderate
COMPOUNDERConsolidation - 1M: -4.45%, 3M: -1.8%, 6M: -0.67% [cite: brief]Fair - P/E is 40.03x, same as industry P/E [cite: brief]

WHAT'S HAPPENING NOW

Redtape Ltd was upgraded to 'Hold' by Markets Mojo due to improved financials and valuation. However, the footwear industry faces challenges from the West Asian conflict, with rising costs and shrinking margins.

CORE STORY

Redtape is being priced as a beneficiary of the growing Indian footwear and apparel market, leveraging its brand and distribution network. The real game is whether they can maintain margins amidst rising input costs and competition.

Why Now
  • Footwear industry is a backbone of Indian economy
  • Improved financials and valuation
  • FII/DII increased stake
Potential Catalysts
  • Significant order wins
  • Better-than-expected quarterly results
  • Successful cost-cutting measures
Key Risks
  • High Debt/Equity ratio of 1.08
  • Moderate Interest Coverage of 4.86x
  • Micro/SME cap - liquidity risk
Institutional Activity

FII increased stake by 0.19%, DII increased stake by 0.5% [cite: brief]

Macro Context

West Asian conflict is creating input cost pressures

Cash Flow Quality

No free cash flow reported [cite: brief]

3–6 Month Outlook

Redtape needs to demonstrate margin resilience in the face of rising costs. Watch for quarterly results and management commentary on cost-saving initiatives.

Primary Thesis Risk

Inability to pass on rising input costs to consumers will crush margins.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Excellent

Return on Equity (ROE)

23.55%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

21.67%

Returns generated on total capital deployed

Oper. Profit Margin (5Y Avg)

N/A

Average operating profit margin over 5 years

Dividend Yield

0.57%

Annual dividend as % of current share price

Redtape Ltd Valuation Check

Average

Price to Earnings (P/E)

40.03x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

40.03x

Average P/E of all peers in this sector

Market-cap Classification
Mid-cap
Balance of growth potential and stability.

Shareholding Pattern

Excellent

Promoter Holding

71.80%

% shares held by company founders/management

Poor

FII Holding

3.83%

% shares held by foreign institutional investors

Good

DII Holding

10.77%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

9.85%

Net profit growth vs same quarter last year

Good

Revenue Growth (Quarterly YoY)

18.42%

Revenue growth vs same quarter last year

Revenue Growth (5-Year CAGR)

N/A

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

1.08x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

4.86x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

N/A

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Redtape Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of REDTAPE across key market metrics for learning purposes.

Positive Indicators

5 factors identified

Strong Return on Equity (23.55%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (21.67%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Revenue Growth (18.42%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Balanced Promoter Holding (71.80%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

2 factors identified

Premium Valuation Risk (P/E: 40.03x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Elevated Debt Levels (D/E: 1.08)

Observation: High leverage increases financial risk and interest burden.

Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.

Redtape Ltd vs Footwear Peers

Peer Comparison - Footwear

Compare Redtape Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
30.1/100
138
₹7231.87
40.0
Average
23.55%
Excellent
21.67%
Excellent
1.1
Average
0.57%
47.8/100
1052
₹31830.65
89.5
Average
19.01%
Good
19.42%
Good
0.8
Good
16.46%
Excellent
14.30%
Good
0.47%
29.2/100
693
₹12514.82
67.3
Average
15.59%
Good
15.14%
Good
0.9
Good
-6.09%
Poor
2.68%
Average
1.95%
29.5/100
302
₹10136.83
58.2
Average
8.31%
Poor
11.22%
Average
0.1
Excellent
-5.52%
Poor
2.96%
Average
0.74%
61.3/100
254
₹8428.05
68.1
Average
17.22%
Good
20.10%
Excellent
0.5
Excellent
15.06%
Excellent
20.27%
Excellent
0.36%
54.3/100
193
₹526.16
22.8
Average
5.14%
Poor
7.31%
Poor
0.0
Excellent
-4.71%
Poor
4.62%
Average
0.00%
32.9/100
244
₹508.90
38.2
Average
7.20%
Poor
9.99%
Poor
0.7
Good
16.09%
Excellent
0.71%
Average
0.00%
61.2/100
246
₹422.79
19.4
Average
10.21%
Average
12.44%
Average
0.5
Excellent
174.30%
Excellent
23.96%
Excellent
0.21%
30.2/100
103
₹379.87
26.4
Average
2.20%
Poor
9.34%
Poor
1.5
Average
16.85%
Excellent
-11.54%
Poor
0.00%
29.7/100
122
₹60.09
74.2
Average
5.25%
Poor
16.18%
Excellent
-5.02%
Poor
0.00%
14/100
50
₹37.02
10.3
Average
56.04%
Excellent
72.75%
Excellent
0.0
Excellent
0.00%

Redtape Ltd PE Ratio History

Historical price-to-earnings ratio for REDTAPE — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20253.08₹123.9240.2x
FY 20243.19₹218.3968.5x
FY 20232.57₹117.5045.7x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Redtape Ltd Dividend History

Annual cash dividends paid by REDTAPE — dividend yield 0.57%

Financial YearDividends Paid (₹ Cr)
FY 202527.57 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Redtape Ltd Quarterly Performance

Latest quarterly metrics for REDTAPE — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

18.42%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

9.85%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

N/A

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

Compounded annual net profit growth over 5 years

Redtape Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for REDTAPE — calculated from daily price history

62RSI 14
Neutral — RSI 62

Momentum is balanced — neither overbought nor oversold.

SMA 50
124
▲ Price above SMA 50 — Short-term bullish
SMA 200
128
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
1152K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Redtape Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Redtape Ltd (REDTAPE) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Redtape Ltd

About REDTAPE (Redtape Ltd)

Redtape Ltd is a vibrant footwear and apparel brand carving its niche in both the Indian and international markets. Renowned for its commitment to quality and contemporary design, ...REDTAPE offers a diverse portfolio catering to men, women, and children. Their footwear collection spans from ruggedly stylish boots perfect for outdoor adventures to sophisticated formal shoes suitable for the boardroom. They also feature comfortable and trendy sandals and slippers for relaxed days, as well as sporty sliders and flip-flops ideal for leisure. Beyond footwear, Redtape provides a comprehensive range of apparel, reflecting current fashion trends. The brand's apparel selection showcases versatility, encompassing everything from cozy sweaters and stylish jackets to crisp shirts and casual T-shirts. Redtape also addresses diverse wardrobe needs with its bottomwear offerings, including classic jeans, tailored trousers, comfortable shorts, and figure-hugging jeggings. Redtape acknowledges the growing importance of activewear, curating a dedicated collection of performance-driven T-shirts and shorts, designed to support athletic pursuits with comfort and style. These garments are crafted with breathable materials and ergonomic designs, ensuring optimal freedom of movement during workouts. Furthermore, REDTAPE recognizes the significance of innerwear and provides a range of comfortable briefs, designed with everyday wear in mind. The company aims to provide a holistic wardrobe solution, catering to various aspects of life from professional settings to leisure activities and athletic endeavors. With a focus on craftsmanship, style, and accessibility, REDTAPE has established itself as a go-to brand for those seeking quality footwear and apparel that reflects modern sensibilities. The company's dedication to customer satisfaction and continuous innovation ensures its continued success in the ever-evolving fashion landscape.

Company Details

Symbol:REDTAPE
Industry:Footwear
Sector:Footwear

Key Leadership

Mr. Rashid Ahmed Mirza
Whole Time Director & Executive Chairman
Mr. Shuja Mirza
MD & Director
Mr. Akhilendra Bahadur Singh
Company Secretary & Compliance Officer

REDTAPE Share Price: Frequently Asked Questions

What is the current share price of Redtape Ltd?

Redtape Ltd (REDTAPE) trades at ₹137.99 on NSE and BSE. Market cap ₹7.23K (Cr). Educational data only.

What is the P/E ratio of Redtape Ltd?

Redtape Ltd has a P/E of 40.03x vs industry average 40.03x.

What is the Bull Run score for Redtape Ltd?

Redtape Ltd has a Bull Run score of 30.1/100 based on 25+ financial parameters.

Does Redtape Ltd pay dividends?

Redtape Ltd has a dividend yield of 0.57%. Past dividends don't guarantee future payments.

What is the ROE of Redtape Ltd?

Redtape Ltd has ROE of 23.55%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Redtape Ltd?

Redtape Ltd has debt-to-equity of 1.08.

Is Redtape Ltd a good investment?

Bull Run gives Redtape Ltd a score of 30.1/100. This is not investment advice — consult a SEBI-registered advisor.