Redtape Limited

NSE: REDTAPE · Unclassified

₹106.57-0.91%06 Nov 2026

Ask the data

Instant answers about Redtape Limited — computed from its filings, no language model

Market cap₹5,891 cr

Current price₹106.57

High / Low₹148 / ₹104

P/E33.8

P/B5.98

Book value₹17.8

ROE17.7%

ROCE27.9%

Debt / equity0.47

Dividend yield0.23%

EPS (TTM)₹3.16

Face value₹2

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY24	FY25	FY26
Revenue	1,843	2,020	2,419
EBITDA	315	335	347
Operating margin	17.1%	16.6%	14.4%
Interest	33	51	68
Depreciation	59	83	88
Profit before tax	236	233	324
Tax	60	63	84
Net profit	0	170	241
EPS ₹	12.75	3.08	4.35
Operating cash flow	84	14	174
Capex	120	171	84
Dividend paid	0	28	14
Total assets	1,588	2,224	2,306
Equity	648	789	1,021

Quarterly performance

last 13 quarters · ₹ crore

showing latest 8 of 13 periods

	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	325	618	507	442	416	665	505	464	492	787	676	481	475
Operating profit	58	105	75	69	64	129	81	77	73	171	111	84	75
Operating margin	17.8%	17.0%	14.7%	15.5%	15.4%	19.4%	16.1%	16.6%	14.8%	21.7%	16.5%	17.4%	15.8%
Other income	2	4	5	2	3	5	14	9	10	7	22	15	14
Interest	9	10	10	10	12	13	16	16	19	18	15	15	16
Depreciation	15	16	15	19	21	22	21	21	22	23	22	24	26
Profit before tax	36	82	54	42	35	99	58	49	42	137	96	60	47
Tax	8	21	13	11	10	26	16	10	14	33	26	16	12
Net profit	0	61	0	0	0	0	41	39	31	105	70	0	0
EPS ₹	2.01	4.40	2.96	2.22	1.81	5.29	0.75	0.70	0.50	1.89	1.26	0.80	0.63
Revenue YoY	—	—	—	—	28.1%	7.6%	-0.3%	5.1%	18.4%	18.4%	33.7%	3.7%	-3.6%
Profit YoY	—	—	—	—	—	-100.0%	—	—	—	—	68.5%	-100.0%	-100.0%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 10 periods

	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	9.4%	8.6%	0.0%	5.3%	10.2%	12.9%	25.1%	23.9%	20.1%	17.7%
ROCE	31.3%	26.8%	28.9%	24.6%	25.7%	21.4%	24.4%	27.9%	28.6%	27.9%
Net margin	3.2%	3.1%	0.0%	2.0%	3.9%	5.2%	9.6%	10.1%	8.4%	7.2%
EBITDA margin	16.2%	15.7%	16.6%	16.9%	17.1%	16.9%	17.9%	17.9%	18.0%	18.2%
Debt / equity	0.25	0.35	0.35	0.46	0.46	0.70	0.70	0.38	0.38	0.47
Interest coverage	6.40	6.08	6.14	5.58	5.22	4.86	5.12	5.76	6.07	6.38
Asset turnover	1.19	1.07	1.09	0.91	0.92	0.93	0.98	1.05	1.06	1.00

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 7 periods

	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	28	28	28	111	111	111	111
Other equity / reserves	527	621	676	678	747	911	875
Total equity	555	648	703	789	857	1,021	985
Borrowings	232	161	248	366	598	386	466
Current liabilities	624	618	741	1,092	1,111	970	1,109
Non-current liabilities	301	322	413	343	322	314	330
Total assets	1,479	1,588	1,857	2,224	2,291	2,306	2,425
Property, plant & equipment	488	345	367	381	443	446	798
Capital work-in-progress	45	9	6	46	9	25	4
Investments	0	0	0	0	0	0	0
Inventories	783	764	858	1,221	1,175	1,152	1,291
Receivables	60	91	138	112	199	210	118
Cash & equivalents	25	21	11	14	12	9	8

Cash flow

annual · ₹ crore · line = free cash flow

	FY24	FY25	FY26
Cash from operations	84	14	174
Cash from investing	-116	-107	-84
Cash from financing	26	99	-94
Capex	120	171	84
Free cash flow	-35	-157	90
Dividends paid	0	28	14

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹798 cr33%

CWIP

₹4 cr0%

Inventories

₹1,291 cr53%

Receivables

₹118 cr5%

Cash & equivalents

₹8 cr0%

Other assets

₹206 cr8%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Redtape Limited	5,891	106.57	33.8	5.98	17.7%

StoxGud checklist: Bearish setup · 2/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-6.2%

6 months-18.4%

1 year-20.4%

3Y CAGR-6.5%

5Y CAGR—

10Y CAGR—

50-day avg₹114.49

200-day avg₹124.01

RSI (14)32

FAQs

What is the share price of Redtape Limited?

Redtape Limited (REDTAPE) closed at ₹106.57 on NSE on 06 Nov 2026.

What is the market cap of Redtape Limited?

₹5,891 crore at the latest close.

What is the P/E ratio of Redtape Limited?

33.8, on trailing-twelve-month earnings from its filings.

How fast is Redtape Limited growing?

Redtape Limited: Latest-quarter revenue is down 3.6% year on year, profit down 100.0%.

How profitable is Redtape Limited?

On a trailing-twelve-month basis return on equity is 17.7%, return on capital employed 27.9%, operating margin 18.2%, net margin 7.2%.

How much debt does Redtape Limited have?

Redtape Limited is lightly geared: debt to equity is 0.47 with borrowings of ₹466 cr against cash of ₹8 cr (balance sheet of 2026-09-30). Operating profit covers interest 6.4 times.

Financials parsed from Redtape Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from SEP '23, annual from FY24, balance sheet from Sep '23. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.