RedTape
REDTAPERedTape
REDTAPEPrice Chart
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
71.56 | 17.38 | — |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
38.56 | 6.70 | 0.73% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
RedTape Limited operates as a fashion and lifestyle brand, offering a diverse product range from footwear to apparel, targeting various international markets.
Peers
Compare with peersTrent Ltd
Aditya Birla Fashion and Retail Ltd
Brainbees Solutions Ltd
V2 Retail Ltd
Saraswati Saree Depot Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Revenue Forecast
Earnings Per Share Forecast
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2022 | FY 2023 | FY 2024 | TTM | ||||
---|---|---|---|---|---|---|---|---|
Total Revenue | 303.28 | 1,474.83 | 1,855.97 | 1,996.43 | ||||
Raw Materials | 207.64 | 1,020.83 | 1,060.93 | 1,670.07 | ||||
Power & Fuel Cost | 3.14 | 14.42 | 14.62 | |||||
Employee Cost | 11.85 | 67.97 | 92.66 | |||||
Selling & Administrative Expenses | 58.46 | 274.66 | 355.23 | |||||
Operating & Other expenses | -25.03 | -154.05 | 0.47 | |||||
EBITDA | 47.22 | 251.00 | 332.06 | 326.36 | ||||
Depreciation/Amortization | 2.43 | 44.44 | 59.24 | 71.74 | ||||
PBIT | 44.79 | 206.56 | 272.82 | 254.62 | ||||
Interest & Other Items | 3.99 | 17.46 | 36.58 | 41.87 | ||||
PBT | 40.80 | 189.10 | 236.24 | 212.75 | ||||
Taxes & Other Items | 11.76 | 46.95 | 60.00 | 55.26 | ||||
Net Income | 29.04 | 142.15 | 176.24 | 157.49 | ||||
EPS | 5,808.00 | 20.56 | 12.75 | 11.40 | ||||
DPS | 0.00 | 0.00 | 0.00 | 0.00 | ||||
Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Peers & Comparison
Consumer DiscretionaryRetail - Apparel
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
RedTape | 63.95 | 17.38 | — |
Trent Ltd | 162.48 | 58.88 | 0.05% |
Aditya Birla Fashion and Retail Ltd | -53.29 | 7.09 | — |
Brainbees Solutions Ltd | -114.41 | 8.28 | — |
Price Comparison
Compare REDTAPE with any stock or ETFShareholdings
Promoter Holdings Trend
Institutional Holdings Trend
Decreased Total Retail Holding
In last 3 months, retail holding in the company has decreased by 1.04%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 1.37%
Top 5 Mutual Funds holding RedTape
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
ICICI PRUDENTIAL FLEXICAP FUND DIRECT PLAN GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 6.1905% | Percentage of the fund’s portfolio invested in the stock 4.16% | Change in the portfolio weight of the stock over the last 3 months 1.37% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 42/81 (0) |
HDFC Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 4.7930% | Percentage of the fund’s portfolio invested in the stock 1.61% | Change in the portfolio weight of the stock over the last 3 months 0.40% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 19/92 (+39) |
ICICI Prudential Bharat Consumption Fund - Cumulative - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4437% | Percentage of the fund’s portfolio invested in the stock 1.58% | Change in the portfolio weight of the stock over the last 3 months 0.13% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 43/76 (+3) |
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Events
Dividend Trend
No Dividends
REDTAPE has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Net profit of Redtape declined 9.63% to Rs 25.07 crore in the quarter ended September 2024 as against Rs 27.74 crore during the previous quarter ended September 2023. Sales rose 28.05% to Rs 415.80 crore in the quarter ended September 2024 as against Rs 324.71 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales415.80324.71 28 OPM %15.4117.75 - PBDT55.8350.73 10 PBT34.9235.80 -2 NP25.0727.74 -10 Powered by Capital Market - Live
Revenue from operations jumped 28.05% YoY to Rs 415.80 crore in Q2 FY25. Profit before tax (PBT) declined 2.46% to Rs 34.92 crore in during the quarter as compared with Rs 35.80 crore recorded in same quarter last year. Total expenses jumped 384.24 crore in Q2 FY25 as compared with Rs 291.31 crore in Q2 FY24. Cost of material consumed stood at Rs 13.63 crore (up 9.01% YoY), employee benefit expenses was at Rs 29.68 crore (up 40.53% YoY) and finance cost stood at Rs 11.60 crore (up 24.6% YoY) during the period under review. Redtape is engaged in the business of retail sale of Footwear, Garments & apparels and allied products and is also a manufacturer of footwear. Powered by Capital Market - Live
Redtape will hold a meeting of the Board of Directors of the Company on 13 November 2024Powered by Capital Market - Live
Redtape announced that the 3rd Annual General Meeting (AGM) of the company will be held on 28 September 2024.Powered by Capital Market - Live
Net profit of Redtape declined 34.43% to Rs 30.64 crore in the quarter ended June 2024 as against Rs 46.73 crore during the previous quarter ended June 2023. Sales rose 11.96% to Rs 441.89 crore in the quarter ended June 2024 as against Rs 394.70 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales441.89394.70 12 OPM %15.5120.65 - PBDT60.4776.57 -21 PBT41.5564.17 -35 NP30.6446.73 -34 Powered by Capital Market - Live
Redtape will hold a meeting of the Board of Directors of the Company on 14 August 2024.Powered by Capital Market - Live
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant