Redtape Ltd share price logo

Redtape Ltd Share Price

(REDTAPE)

₹1591.3%

as on 04:01PM, 20 Feb 2025

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Redtape Ltd Performance

  • Day's Low

    Day's High

    ₹158.15
    Day's Price Range
    ₹164
  • 52 Week's Low

    52 Week's High

    ₹134.03
    52-Week Price Range
    ₹245
1 Month Return-16.34 %
3 Month Return-21.17 %
1 Year Return+ 3.89 %
Previous Close₹161.10
Open₹160.00
Volume1.56L
Upper Circuit-
Lower Circuit-
Market Cap₹8,789.64Cr

Redtape Ltd Key Statistics

P/E Ratio

51.79

PEG Ratio

-11.74

Market Cap

₹8,789.64 Cr

P/B Ratio

14.37

EPS

3.1875

Dividend Yield

0

Sector

Retail

ROE

30.92

Key events for Redtape Ltd

  • Redtape Reports Strong Financial Growth for December 2024 - 13 Feb, 2025

    Redtape's standalone net sales for December 2024 reached Rs 665.66 crore, up 8.01% YoY. Net profit rose 23.22% to Rs 74.07 crore, while EBITDA increased by 25.99%. EPS improved to Rs 5.36 from Rs 4.35. However, shares have seen a -2.01% return over the last 6 months.
  • RedTape Reports Strong Q3 Financial Performance - 12 Feb, 2025

    RedTape Limited announced its Q3 FY25 results, showing a 7.6% YoY revenue growth to ₹664.57 crore and a 19.8% YoY increase in net profit to ₹73.07 crore. The company's performance reflects significant improvement compared to the previous year.
  • Redtape Announces Bonus Shares, Stock Rallies - 04 Feb, 2025

    Redtape Ltd shares surged nearly 9% following the announcement of a 3:1 bonus share issue, with 41,46,05,700 shares allotted to eligible shareholders as of January 3.
  • RedTape Announces 3:1 Bonus Share Issue - 03 Feb, 2025

    RedTape has set February 3, 2025, as the record date for its first-ever 3:1 bonus share issue, allotting 41.46 crore shares. The shares closed 7% higher prior to the announcement.
  • Redtape Announces Bonus Shares with Record Date - 30 Jan, 2025

    Redtape Ltd has announced a bonus issue in a 3:1 ratio, with a record date set for February 4, 2025. This marks the company's first bonus issue. Despite an 8% decline over the past six months, the stock has shown a positive return of 13% over the last year.

Insights on Redtape Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 25.07 Cr → 73.07 Cr (in ₹), with an average increase of 65.7% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 14.49% to 14.53% in Feb 2025 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 419.16 Cr → 669.58 Cr (in ₹), with an average increase of 37.4% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 71.80% of holdings in Feb 2025 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 3.45% to 3.41% in Feb 2025 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, REDTAPE stock has moved down by -16.9%

Redtape Ltd Financials

Value in ₹ crore
DetailsQ'4 23Q'1 24Q'2 24Q'3 24Q'4 24
Revenue₹617.57Cr (-)₹508.77Cr (↓17.62%)₹441.89Cr (↓13.15%)₹415.80Cr (↓5.90%)₹664.57Cr (↑59.83%)
Net Income₹60.82Cr (-)₹40.96Cr (↓32.65%)₹30.64Cr (↓25.20%)₹25.07Cr (↓18.18%)₹73.07Cr (↑191.46%)
Net Profit Margin9.85% (-)8.05% (↓18.27%)6.93% (↓13.91%)6.03% (↓12.99%)11.00% (↑82.42%)
Value in ₹ crore
Details202220232024
Total Assets₹818.50Cr (-)₹1,270.71Cr (↑55.25%)₹1,651.19Cr (↑29.94%)
Total Liabilities₹486.22Cr (-)₹804.60Cr (↑65.48%)₹1,019.02Cr (↑26.65%)
Value in ₹ crore
Details202220232024
Operating Cash Flow₹17.39Cr (-)₹110.68Cr (↑536.46%)₹81.57Cr (↓26.30%)

Index Inclusions

BSE Small-Cap

₹46,054.94

1.32 (599.11%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Redtape Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
71.8%
0.00
Foreign Institutions
3.41%
0.00
Mutual Funds
10.2%
0.00
Retail Investors
14.53%
0.00
Others
0.05%
0.00

Redtape Ltd Key Indicators

Details20232024
Return On Assets %11.1910.67
Details2024
Book Value Per Share (₹)11.73
Details2024
Earning Per Share (₹)3.19
Details20232024
Return On Equity %34.0930.92

Redtape Ltd Valuation

Redtape Ltd in the last 5 years

  • Overview

  • Trends

Lowest (9.02x)

September 7, 2023

Industry (0.00x)

February 20, 2025

Today (51.79x)

February 20, 2025

Highest (84.93x)

October 31, 2024

LowHigh

Redtape Ltd Earnings and Dividends

  • Redtape Ltd Earnings Results

    Redtape Ltd’s net profit jumped 20.14% since last year same period to ₹73.07Cr in the Q3 2024-2025. On a quarterly growth basis, Redtape Ltd has generated 191.46% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Redtape Ltd Dividends December,2024

    In the quarter ending September 2024, Redtape Ltd has declared dividend of ₹2 - translating a dividend yield of 1.26%.

    Read More about Dividends

Redtape Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Redtape Ltd is currently in a Bearish trading position according to technical analysis indicators.

Redtape Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹8,789.64 Cr5.76%0.72₹176 Cr₹1,842 Cr
NA₹392.17 Cr236.59%0.77₹10 Cr₹250 Cr
NA₹766.97 Cr118.9%0.70₹15 Cr₹80 Cr
NA₹51.95 Cr-0.96%0.55NANA
NA₹705.51 Cr192.4%0.50NANA

About Redtape Ltd

Redtape Limited was incorporated on December 8 2021 as a wholly owned subsidiary of Mirza International Limited. Prior to the Scheme the Company was engaged in design development manufacturing marketing trading export and retailing of leather footwear sports shoes garments amp apparels leather goods and accessories and other related activities.The Composite Scheme of Arrangement of RTS Fashions Private Limited Mirza International Limited the Company and their respective shareholders and creditors which interalia provided for a Amalgamation of RTS Fashions Private Limited with Mirza International Limited and b Demerger of Branded Business/ Redtape Business of Mirza International Limited into the Company on a going concern basis. The said Scheme was sanctioned and thereafter the Branded Business/ Redtape Business of Mirza International Ltd got demerged into the Company w.e.f February 25 2023. On implementation of the Scheme of Arrangement for Demerger of the Redtape Business from MIL Equity Shares were allotted in the ratio of 1:1 to all the shareholders of MIL. Accordingly the Equity Shares of the Company got listed on August 11 2023..

Share Price: ₹159.00 per share as on 20 Feb, 2025 04:01 PM
Market Capitalisation: ₹8,789.64Cr as of today
Revenue: ₹664.57Cr as on December 2024 (Q4 24)
Net Profit: ₹73.07Cr as on December 2024 (Q4 24)
Listing date: 11 Aug, 2023
Chairperson Name: Rashid Ahmed Mirza
OrganisationRedtape Ltd
Headquarters
IndustryRetail
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FAQs on Redtape Ltd

What is Redtape Ltd price today?

Redtape Ltd share price today stands at ₹159, Open: ₹160, Previous Close: ₹161.1, High: ₹164, Low: ₹158.15, 52 Week High: ₹245, 52 Week Low: ₹134.03.

How to Buy Redtape Ltd Share in India?

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  • Place an order to buy Redtape Ltd shares

Is Redtape Ltd listed on NSE?

Redtape Ltd is listed on NSE

Is Redtape Ltd listed on BSE?

Redtape Ltd is listed on BSE

What are today's High and Low prices of Redtape Ltd?

  • Today's highest price of Redtape Ltd is ₹164.
  • Today's lowest price of Redtape Ltd is ₹158.15.

What are today's traded volumes of Redtape Ltd?

Today's traded volume of Redtape Ltd(REDTAPE) is 1.56L.

What is today's market capitalisation of Redtape Ltd?

Today's market capitalisation of Redtape Ltd(REDTAPE) is ₹8789.64Cr.

What is the 52 Week High and Low Range of Redtape Ltd?

Redtape Ltd (REDTAPE)
Price
52 Week High
₹245
52 Week Low
₹134.03

How much percentage Redtape Ltd is down from its 52 Week High?

Redtape Ltd (REDTAPE) share price is ₹159. It is down -35.10% from its 52 Week High price of ₹245

How much percentage Redtape Ltd is up from its 52 Week low?

Redtape Ltd (REDTAPE) share price is ₹159. It is up 18.63% from its 52 Week Low price of ₹134.03

What are the historical returns of Redtape Ltd?

Redtape Ltd (REDTAPE)
Returns
1 Day Returns
-2.1%
1 Month Returns
-16.34%
3 Month Returns
-21.17%
1 Year Returns
3.89%

What is the PE ratio of Redtape Ltd today?

PE Ratio of Redtape Ltd is 51.79

PE ratio = Redtape Ltd Market price per share / Redtape Ltd Earnings per share