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  7. Redtape Ltd
Financial RatiosPE RatioShareholdingDividendQuarterly ResultsBalance SheetProfit & LossCash Flow
HomeStocksFootwearRedtape Ltd

Redtape Ltd Stock Price Today (NSE: REDTAPE)

Redtape Ltd

REDTAPEFootwear
₹109.93₹2.23 (1.94%)↓
As on 30 Mar 2026, 12:05 pm ISTMarket Closed

Fundamental Score

...

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

Redtape Ltd share price today is ₹109.93, down 1.94% on NSE/BSE as of 30 March 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
₹0.00
Low
₹0.00
Volume
0
Change
-1.94%

Returns & Performance

Excellent

ROE

23.55%
Excellent

ROCE

21.67%

OPM (5Y)

N/A

Div Yield

0.57%

Redtape Ltd Valuation Check

Average

P/E Ratio

40.03x
Poor

Industry P/E

40.03x
Market-cap Classification
Mid-cap
Balance of growth potential and stability.

Market Cap

7.23K (Cr)

Growth Engine

Poor

Profit Growth (Q)

9.85%
Good

Sales Growth (Q)

18.42%

Sales Growth (5Y)

N/A

EPS Growth (5Y)

N/A

Profit Growth (5Y)

N/A

Balance Sheet Health

Poor

Debt to Equity

1.08x
Excellent

Int. Coverage

4.86x

Free Cash Flow (5Y)

N/A

Shareholding

Excellent

Promoter

71.80%
Poor

FII

3.83%
Good

DII

10.77%
Excellent

Pledged

0.00%

Institutional Deep-Dive

Bull Run Research Hub

Redtape Share Price: A Financial Analysis

The footwear industry is experiencing a dynamic shift, with consumers increasingly prioritizing comfort and style, leading to the rise of agile brands alongside established players. This analysis delves into the financial standing of Redtape Ltd, focusing on its current performance. The current Redtape share price stands at ₹124.44, with a Price-to-Earnings (PE) ratio of 40.03 and a Return on Capital Employed (ROCE) of 21.67%. This analysis is based on publicly available data and is part of a broader 80-parameter fundamental audit process verified by Sweta Mishra.

The PE ratio of 40.03 suggests that the market has high expectations for Redtape's future earnings growth. Compared to sector peers like Bata India Ltd, it's crucial to evaluate not just the numbers but also qualitative factors such as management quality and brand perception. While Bata India Ltd has a longer operational history and potentially a stronger brand recall, Redtape's ability to adapt to changing consumer preferences could give it an edge in specific segments.

Redtape's ROCE of 21.67% is a particularly noteworthy indicator. This signifies the company's efficiency in generating profits from its capital investments. A high ROCE, consistently maintained, builds a strong economic moat by demonstrating its ability to generate superior returns compared to its competitors. This financial strength can be reinvested in product development, marketing, or geographic expansion, further solidifying its market position.

The interplay between the Redtape share price, PE ratio, and ROCE paints a picture of a company with growth potential and efficient capital management. However, further in-depth analysis, considering factors such as debt levels, cash flow, and competitive landscape, is essential for a comprehensive understanding of its long-term investment viability. This is purely an observational assessment and not a recommendation to buy, sell or hold securities of Redtape Ltd.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

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 Financial Statements

Comprehensive financial data for Redtape Ltd including income statement, balance sheet and cash flow

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
Website:https://redtape.com

Key Leadership

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

Corporate Events

Recent
Ex-Dividend Date
2025-08-01

Latest News

N.S. government says newly introduced bill will reduce red tape, encourage business - Toronto Star
Toronto Star• 9/24/2025
Vietnamese steel, shoes and other imports get stuck in India’s quality red tape - livemint.com
livemint.com• 5/28/2024
‘Backwards immigration process’ creating red tape for future N.S. doctors, medical resident says - Halifax - Global News
Global News• 1/23/2023

REDTAPE Share Price: Frequently Asked Questions

What is the current share price of Redtape Ltd (REDTAPE)?

As of 30 Mar 2026, 12:05 pm IST, Redtape Ltd share price is ₹109.93. The REDTAPE stock has a market capitalisation of ₹7.23K (Cr) on NSE/BSE.

Is REDTAPE share price Overvalued or Undervalued?

REDTAPE share price is currently trading at a P/E ratio of 40.03x, compared to the industry average of 40.03x. Based on this relative valuation, the Redtape Ltd stock appears to be Overvalued against its sector peers.

What is the 52-week high and low of REDTAPE share price?

The 52-week high of REDTAPE share price is ₹163.50 and the 52-week low is ₹107.53. These values are updated daily from NSE/BSE price data.

What factors affect the Redtape Ltd share price?

Key factors influencing REDTAPE share price include quarterly earnings growth (Sales Growth: 18.42%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

Is Redtape Ltd a good stock for long-term investment?

Redtape Ltd shows a 5-year Profit Growth of N/A% and an ROE of 23.55%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 1.08 before investing in REDTAPE shares.

How does Redtape Ltd compare with its industry peers?

Redtape Ltd competes with major peers in the Footwear. Investors should compare REDTAPE share price P/E of 40.03x and ROE of 23.55% against the industry averages to determine competitive standing.

What is the P/E ratio of REDTAPE and what does it mean?

REDTAPE share price has a P/E ratio of 40.03x compared to the industry average of 40.03x. Investors pay ₹40 for every ₹1 of annual earnings.

How is REDTAPE performing according to Bull Run's analysis?

REDTAPE has a Bull Run fundamental score of 30.1/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does REDTAPE belong to?

REDTAPE operates in the Footwear industry. This classification helps understand the competitive landscape and sector-specific trends affecting Redtape Ltd share price.

What is Return on Equity (ROE) and why is it important for REDTAPE?

REDTAPE has an ROE of 23.55%, which indicates excellent management efficiency. ROE measures how efficiently Redtape Ltd generates profits from shareholders capital.

How is REDTAPE debt-to-equity ratio and what does it indicate?

REDTAPE has a debt-to-equity ratio of 1.08, which indicates high leverage that increases financial risk.

What is REDTAPE dividend yield and is it a good dividend stock?

REDTAPE offers a dividend yield of 0.57%, meaning you receive ₹0.57 annual dividend for every ₹100 invested in Redtape Ltd shares.

How has REDTAPE share price grown over the past 5 years?

REDTAPE has achieved 5-year growth rates of: Sales Growth N/A%, Profit Growth N/A%, and EPS Growth N/A%.

What is the promoter holding in REDTAPE and why does it matter?

Promoters hold 71.80% of REDTAPE shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Redtape Ltd.

What is REDTAPE market capitalisation category?

REDTAPE has a market capitalisation of ₹7232 crores, placing it in the Mid-cap category.

How volatile is REDTAPE stock?

REDTAPE has a beta of N/A. A beta > 1 suggests the Redtape Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is REDTAPE operating profit margin trend?

REDTAPE has a 5-year average Operating Profit Margin (OPM) of N/A%, indicating the company's operational efficiency.

How is REDTAPE quarterly performance?

Recent quarterly performance shows Redtape Ltd YoY Sales Growth of 18.42% and YoY Profit Growth of 9.85%.

What is the institutional holding pattern in REDTAPE?

REDTAPE has FII holding of 3.83% and DII holding of 10.77%. Significant institutional holding often suggests professional confidence in the Redtape Ltd stock.

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Frequently Asked Questions about Redtape Ltd

What is the current share price of Redtape Ltd?

Redtape Ltd (REDTAPE) trades at ₹109.93 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.