Redtape Ltd (REDTAPE) — shareholding pattern, promoter holding, financials and share price
About Redtape Ltd (REDTAPE)
Redtape Ltd operates in the Footwear industry, within the Consumer Durables sector. It trades on the NSE as REDTAPE and on the BSE under scrip code 543957. Its ISIN is INE0LXT01019.
India's trusted leading Fashion & Lifestyle brand with over 435+ opulent stores across PAN India. RedTape is known for emerging as one of the Finest Brands of Footwear and Clothing for Men, Women and Kids. It has emerged as a complete Family Fashion Destination by providing the Best International Styles and World-Class Quality through Shoes, Apparels and Accessories for all age groups. It was demerged from Mirza International in 2023. [1]
RedTape Limited is a vertically integrated fashion and lifestyle company focused on design, sourcing, manufacturing, distribution and retail of footwear, apparel and accessories across multiple sub-brands including RedTape, Ozark, Mode and Bond Street, with both India and international (UAE, UK and other markets) store presence and a listed public equity structure since August 2023.
Financial momentum is visible: consolidated 9MFY26 revenue rose to INR 1,76,934 lakh (up 15.42% YoY) with EBITDA improving to INR 34,647 lakh (EBITDA margin ~19.58%) and PAT rising ~32.5% to INR 17,067 lakh, while Q3FY26 delivered an especially strong quarter with revenue up ~18.6% and EBITDA margin of ~22.4%.
Listed peers in Footwear: Campus Activewear Ltd, Relaxo Footwears Ltd, Bata India Ltd, Sreeleathers Ltd, Liberty Shoes Ltd, Lehar Footwears Ltd.
Valuation & Returns
10 Jul 2026At ₹135 a share on 10 Jul 2026, Redtape Ltd (REDTAPE) was valued at a price-to-earnings ratio of 31.02x against an industry P/E of 50.62x and a price-to-book of 9.46x on a book value of ₹14.27 per share as of Mar 2025. Solomo computes return on equity of 30.49% and return on capital employed of 25.94% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 31.02x
- Industry P/E
- 50.62x
- P/B
- 9.46x
- EPS (TTM)
- ₹4.35
- Book value / share
- ₹14.27
- ROE
- 30.49%
- ROCE
- 25.94%
- ROA
- 10.82%
- Debt / equity
- 0.92x
- Dividend yield
- 0.19%
- EBITDA margin
- 19.85%
- 52-week range
- ₹102.05 – ₹163.2
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Redtape Ltd (REDTAPE) reported revenue of ₹2,419 crore, net profit of ₹241 crore and earnings per share of ₹4.35. That compares with revenue of ₹2,021 crore and net profit of ₹170 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹676 crore and net profit ₹70 crore (consolidated).
| Metric | Mar 2022 3m | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 303 | 1,468 | 1,843 | 2,021 | 2,419 |
| Net profit (₹ cr) | 29 | 142 | 176 | 170 | 241 |
| EPS (₹) | - | 2.57 | 3.19 | 3.08 | 4.35 |
| Measure | 3Y | 1Y |
|---|---|---|
| Sales growth | 89.43% | 9.66% |
| Profit growth | 93.56% | -3.54% |
| Stock price CAGR | - | -5% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 71.83% of Redtape Ltd (REDTAPE) (unchanged from the previous quarter), foreign institutional investors (FII) hold 3.21% and domestic institutional investors (DII) hold 11.74%. Market capitalisation was ₹7,463 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2023.
Largest disclosed public shareholders in Jun 2026: ICICI PRUDENTIAL ELSS TAX SAVER FUND 7.47%, HDFC SMALL CAP FUND 4.05%, EASTSPRING INVESTMENTS INDIA FUND 1.7%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 71.83% | - | 3.21% | 11.74% | 28.17% |
| Mar 2026 | 71.83% | - | 3.81% | 11.01% | 28.17% |
| Dec 2025 | 71.79% | - | 3.88% | 10.88% | 28.21% |
| Sep 2025 | 71.8% | - | 3.84% | 10.77% | 28.2% |
| Jun 2025 | 71.8% | - | 3.64% | 10.27% | 28.2% |
| Mar 2025 | 71.8% | - | 3.52% | 10.24% | 28.2% |
| Dec 2024 | 71.8% | - | 3.48% | 10.23% | 28.2% |
| Sep 2024 | 71.8% | - | 3.29% | 10.2% | 28.2% |