Nifty

:

23581.15

Sensex

:

76070.84

172.35 (0.74%)
567.99 (0.75%)

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Nifty
Sensex

:
:

23581.15
76070.84

172.35 (0.74%)
567.99 (0.75%)

Redtape Ltd.

Retailing

Rating :

55/99

BSE: 543957 | NSE: REDTAPE

Watchlist

NSE BSE

116.22

17-Mar-2026

Open
High
Low
Previous Close

113.53
118
111.56
113.53

Volume
Traded Value (lacs)
52 Week High
52 Week Low

264939
30586395.53
167.97
107.53

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

6,448.50
30.40
2

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

7,017.41
1.93%
6.70

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

-
-
11.24

EBITDA CAGR (%)

10 Years
5 Years
3 Years

-
-
6.74

PAT CAGR (%)

10 Years
5 Years
3 Years

-
-
6.15

P:E (Median)

8 Years
5 Years
3 Years

-
-
48.63

P:BV (Average)

8 Years
5 Years
3 Years

-
-
12.16

EV:EBITDA (Average)

8 Years
5 Years
3 Years

-
-
27.70

Earnings Forecasts:

(Updated: 14-03-2026)

Description 2024 2025 2026 2027
Adj EPS 3.08
P/E Ratio 37.73
Revenue 2020.91
EBITDA 335.27
Net Income 170
ROA 8.92
P/B Ratio 8.14
ROE 23.66
FCFF -187.99
FCFF Yield -2.67
Net Debt 710.03
BVPS 14.27

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Dec 25 Dec 24 Var% Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var%
Net Sales 785.85 662.14 18.68% 491.44 415.78 18.20% 463.06 440.61 5.10% 503.74 502.38 0.27%
Expenses 614.24 535.57 14.69% 418.43 351.25 19.13% 385.33 372.48 3.45% 423.44 431.44 -1.85%
EBITDA 171.61 126.57 35.59% 73.01 64.53 13.14% 77.73 68.13 14.09% 80.30 70.94 13.19%
EBIDTM 21.84% 19.12% 14.86% 15.52% 16.79% 15.46% 15.94% 14.12%
Other Income 7.43 8.52 -12.79% 9.60 3.36 185.71% 9.05 2.35 285.11% 27.25 4.99 446.09%
Interest 17.96 12.69 41.53% 18.78 11.58 62.18% 16.38 10.40 57.50% 16.20 9.96 62.65%
Depreciation 22.54 21.97 2.59% 21.64 20.72 4.44% 20.98 18.72 12.07% 21.46 15.21 41.09%
PBT 138.54 100.43 37.95% 42.19 35.59 18.54% 49.42 41.36 19.49% 69.89 50.76 37.69%
Tax 32.82 26.36 24.51% 14.23 9.91 43.59% 10.11 10.85 -6.82% 15.67 12.22 28.23%
PAT 105.72 74.07 42.73% 27.96 25.68 8.88% 39.31 30.51 28.84% 54.22 38.54 40.69%
PATM 13.45% 11.19% 5.69% 6.18% 8.49% 6.92% 10.76% 7.67%
EPS 1.91 1.34 42.54% 0.51 0.46 10.87% 0.71 0.55 29.09% 0.98 0.70 40.00%

Description Dec 25 Dec 24 Var% Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var%
Net Sales 786.55 661.05 18.98% 492.40 415.80 18.42% 464.31 441.89 5.07% 505.24 506.86 -0.32%
Expenses 615.97 535.82 14.96% 419.61 351.73 19.30% 387.29 373.35 3.73% 423.95 432.12 -1.89%
EBITDA 170.58 125.23 36.21% 72.79 64.07 13.61% 77.02 68.54 12.37% 81.29 74.74 8.76%
EBIDTM 21.69% 18.94% 14.78% 15.41% 16.59% 15.51% 16.09% 14.75%
Other Income 7.38 8.53 -13.48% 9.54 3.36 183.93% 9.16 2.35 289.79% 13.96 4.96 181.45%
Interest 17.98 12.71 41.46% 18.80 11.60 62.07% 16.39 10.42 57.29% 16.18 10.00 61.80%
Depreciation 22.63 22.08 2.49% 21.76 20.91 4.07% 21.08 18.92 11.42% 21.37 15.42 38.59%
PBT 137.35 98.97 38.78% 41.77 34.92 19.62% 48.71 41.55 17.23% 57.70 54.28 6.30%
Tax 32.82 25.90 26.72% 14.23 9.85 44.47% 10.11 10.91 -7.33% 16.23 13.32 21.85%
PAT 104.53 73.07 43.05% 27.54 25.07 9.85% 38.60 30.64 25.98% 41.47 40.96 1.25%
PATM 13.29% 11.05% 5.59% 6.03% 8.31% 6.93% 8.21% 8.08%
EPS 1.89 1.32 43.18% 0.50 0.45 11.11% 0.70 0.55 27.27% 0.75 0.74 1.35%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Mar 25 Mar 24 Mar 23 Mar 22
Net Sales 2,244.09 2,018.46 1,831.87 1,458.82 0.00 Net Sales Growth 11.04% 10.19% 25.57% 0 Cost Of Goods Sold 1,244.79 1,073.62 935.83 762.76 0.00 Gross Profit 999.30 944.84 896.04 696.06 0.00 GP Margin 44.53% 46.81% 48.91% 47.71% 0 Total Expenditure 1,841.44 1,679.44 1,522.08 1,222.46 0.00 Power & Fuel Cost - 16.88 14.59 14.42 0.00 % Of Sales - 0.84% 0.80% 0.99% 0 Employee Cost - 118.81 91.52 66.47 0.00 % Of Sales - 5.89% 5.00% 4.56% 0 Manufacturing Exp. - 32.64 39.55 52.94 0.00 % Of Sales - 1.62% 2.16% 3.63% 0 General & Admin Exp. - 37.82 30.04 25.80 0.00 % Of Sales - 1.87% 1.64% 1.77% 0 Selling & Distn. Exp. - 392.41 399.99 299.06 0.00 % Of Sales - 19.44% 21.84% 20.50% 0 Miscellaneous Exp. - 7.26 10.56 1.01 0.00 % Of Sales - 0.36% 0.58% 0.07% 0 EBITDA 402.65 339.02 309.79 236.36 0.00 EBITDA Margin 17.94% 16.80% 16.91% 16.20% 0 Other Income 53.33 45.29 12.77 6.64 0.00 Interest 69.32 54.17 36.51 17.44 0.00 Depreciation 86.62 82.87 58.76 44.44 0.00 PBT 300.04 247.27 227.29 181.12 0.00 Tax 72.83 62.79 57.49 45.05 0.00 Tax Rate 24.27% 25.39% 25.29% 24.87% 0.00% PAT 227.21 184.48 169.80 136.07 0.00 PAT before Minority Interest 227.21 184.48 169.80 136.07 0.00 Minority Interest 0.00 0.00 0.00 0.00 0.00 PAT Margin 10.12% 9.14% 9.27% 9.33% 0 PAT Growth 34.60% 8.65% 24.79% 0 EPS 4.11 3.34 3.07 2.46 0.00

Description TTM Mar 25 Mar 24 Mar 23
Net Sales 2,248.50 2,020.91 1,842.92 1,468.31 Net Sales Growth 11.00% 9.66% 25.51% Cost Of Goods Sold 1,247.03 1,073.46 935.96 762.76 Gross Profit 1,001.47 947.45 906.96 705.55 GP Margin 44.54% 46.88% 49.21% 48.05% Total Expenditure 1,846.82 1,682.32 1,523.91 1,223.96 Power & Fuel Cost - 16.91 14.62 14.42 % Of Sales - 0.84% 0.79% 0.98% Employee Cost - 120.25 92.66 67.97 % Of Sales - 5.95% 5.03% 4.63% Manufacturing Exp. - 32.67 39.56 52.94 % Of Sales - 1.62% 2.15% 3.61% General & Admin Exp. - 38.31 30.38 25.80 % Of Sales - 1.90% 1.65% 1.76% Selling & Distn. Exp. - 393.20 400.15 299.06 % Of Sales - 19.46% 21.71% 20.37% Miscellaneous Exp. - 7.52 10.58 1.01 % Of Sales - 0.37% 0.57% 0.07% EBITDA 401.68 338.59 319.01 244.35 EBITDA Margin 17.86% 16.75% 17.31% 16.64% Other Income 40.04 32.02 13.05 6.65 Interest 69.35 54.26 36.58 17.46 Depreciation 86.84 83.43 59.24 44.44 PBT 285.53 232.92 236.24 189.10 Tax 73.39 62.92 60.00 46.95 Tax Rate 25.70% 27.01% 25.40% 24.83% PAT 212.14 170.00 176.24 142.15 PAT before Minority Interest 212.14 170.00 176.24 142.15 Minority Interest 0.00 0.00 0.00 0.00 PAT Margin 9.43% 8.41% 9.56% 9.68% PAT Growth 24.98% -3.54% 23.98% EPS 3.84 3.08 3.19 2.57

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22
Shareholder's Funds 788.11 632.17 466.11 0.01 Share Capital 110.56 27.64 27.64 0.01 Total Reserves 677.55 604.53 438.47 0.00 Non-Current Liabilities 343.19 320.92 196.48 0.00 Secured Loans 14.68 24.91 30.71 0.00 Unsecured Loans 0.00 0.00 0.00 0.00 Long Term Provisions 4.57 4.91 3.50 0.00 Current Liabilities 1,149.95 673.57 564.03 0.00 Trade Payables 500.18 274.98 343.56 0.00 Other Current Liabilities 265.19 230.48 186.65 0.00 Short Term Borrowings 318.33 108.81 33.65 0.00 Short Term Provisions 66.25 59.30 0.17 0.00 Total Liabilities 2,281.25 1,626.66 1,226.62 0.01 Net Block 715.95 644.64 367.98 0.00 Gross Block 991.87 858.77 544.68 0.00 Accumulated Depreciation 275.92 214.13 176.70 0.00 Non Current Assets 774.96 672.63 454.61 0.00 Capital Work in Progress 46.29 17.40 71.09 0.00 Non Current Investment 0.43 0.42 0.96 0.00 Long Term Loans & Adv. 12.24 10.17 14.58 0.00 Other Non Current Assets 0.05 0.00 0.00 0.00 Current Assets 1,506.29 954.03 772.01 0.01 Current Investments 0.00 0.00 0.00 0.00 Inventories 1,217.52 759.98 642.99 0.00 Sundry Debtors 111.13 90.48 84.11 0.00 Cash & Bank 11.53 8.21 14.85 0.01 Other Current Assets 166.11 3.94 1.04 0.00 Short Term Loans & Adv. 157.84 91.42 29.02 0.00 Net Current Assets 356.34 280.46 207.98 0.01 Total Assets 2,281.25 1,626.66 1,226.62 0.01

Description Mar 25 Mar 24 Mar 23
Shareholder's Funds 788.84 648.43 476.75 Share Capital 110.56 27.64 27.64 Total Reserves 678.28 620.79 449.11 Non-Current Liabilities 343.34 321.65 196.47 Secured Loans 14.68 24.91 30.71 Unsecured Loans 0.00 0.00 0.00 Long Term Provisions 4.80 4.91 3.50 Current Liabilities 1,155.55 677.32 565.82 Trade Payables 504.31 276.16 343.56 Other Current Liabilities 265.75 230.57 188.44 Short Term Borrowings 318.33 108.81 33.65 Short Term Provisions 67.16 61.78 0.17 Total Liabilities 2,287.73 1,647.40 1,239.04 Net Block 717.04 646.40 368.34 Gross Block 994.34 861.44 545.49 Accumulated Depreciation 277.30 215.04 177.15 Non Current Assets 775.62 674.08 454.57 Capital Work in Progress 46.29 17.40 71.09 Non Current Investment 0.00 0.00 0.56 Long Term Loans & Adv. 12.24 10.28 14.58 Other Non Current Assets 0.05 0.00 0.00 Current Assets 1,512.11 973.32 784.47 Current Investments 0.00 0.00 0.00 Inventories 1,220.80 764.17 642.99 Sundry Debtors 112.40 90.76 84.11 Cash & Bank 14.57 21.04 26.18 Other Current Assets 164.34 3.94 1.04 Short Term Loans & Adv. 156.67 93.41 30.15 Net Current Assets 356.56 296.00 218.65 Total Assets 2,287.73 1,647.40 1,239.04

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22
Cash From Operating Activity -2.99 81.57 110.68 0.00 PBT 247.27 227.29 181.12 0.00 Adjustment 108.90 86.78 53.77 0.00 Changes in Working Capital -296.44 -171.78 -84.61 0.00 Cash after chg. in Working capital 59.73 142.29 150.28 0.00 Interest Paid 0.00 0.00 0.00 0.00 Tax Paid -62.72 -60.72 -39.60 0.00 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 Cash From Investing Activity -93.53 -114.63 -116.29 0.00 Net Fixed Assets -161.99 -260.40 -615.77 Net Investments -0.01 0.54 -0.96 Others 68.47 145.23 500.44 Cash from Financing Activity 98.96 26.42 12.41 0.01 Net Cash Inflow / Outflow 2.44 -6.64 6.80 0.01 Opening Cash & Equivalents 8.21 14.85 8.05 0.00 Closing Cash & Equivalent 10.65 8.21 14.85 0.01

Description Mar 25 Mar 24 Mar 23
Cash From Operating Activity 4.24 84.37 126.95 PBT 232.92 236.24 189.10 Adjustment 122.79 87.31 53.99 Changes in Working Capital -287.84 -176.40 -70.12 Cash after chg. in Working capital 67.87 147.15 172.97 Interest Paid 0.00 0.00 0.00 Tax Paid -63.63 -62.78 -46.02 Other Direct Exp. Paid 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 Cash From Investing Activity -109.24 -115.61 -127.46 Net Fixed Assets -161.99 -260.40 Net Investments -0.01 0.54 Others 52.76 144.25 Cash from Financing Activity 98.69 26.10 12.43 Net Cash Inflow / Outflow -6.31 -5.14 11.92 Opening Cash & Equivalents 21.04 26.18 14.26 Closing Cash & Equivalent 13.69 21.04 26.18

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22
Book Value (Rs.) 14.26 11.44 33.73 1.16 ROA 9.44% 11.90% 22.19% -66.14% ROE 25.98% 30.92% 58.38% -71.82% ROCE 30.97% 39.39% 72.62% -71.82% Fixed Asset Turnover 2.18 2.61 2.68 0.00 Receivable days 18.23 17.39 21.04 0.00 Inventory Days 178.80 139.77 160.88 0.00 Payable days 131.77 120.62 82.20 0.00 Cash Conversion Cycle 65.26 36.54 99.72 0.00 Total Debt/Equity 0.46 0.25 0.17 0.00 Interest Cover 5.56 7.23 11.39 0.00

Description Mar 25 Mar 24 Mar 23
Book Value (Rs.) 14.27 11.73 34.50 ROA 8.64% 12.21% 11.47% ROE 23.66% 31.33% 29.82% ROCE 29.25% 39.93% 37.05% Fixed Asset Turnover 2.18 2.62 2.69 Receivable days 18.35 17.32 20.91 Inventory Days 179.25 139.35 159.84 Payable days 132.69 120.84 164.40 Cash Conversion Cycle 64.91 35.83 16.34 Total Debt/Equity 0.46 0.25 0.17 Interest Cover 5.29 7.46 11.83

Top Investors:

icici prudential flexicap fund

hdfc small cap fund

eastspring investments india fund

investor education and protection fund (iepf)

Annual Reports:

News Update:

Redtape - Quarterly Results
13th Feb 2026, 00:00 AM

Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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