| Revenue growth | FY26 +19.6% YoY; Q4 +33.8% YoY |
|---|---|
| Margins | EBITDA margin 19.0%; PAT margin 9.6% |
| Demand visibility | Strong traction in Tier-2/3 cities and online |
| Management confidence | High; citing store maturity and operating leverage |
Growth
FY26 revenue grew 19.6%; EBITDA margin expanded 151 bps to 19.0%. Q4FY26 saw 33.8% YoY revenue growth.
Outlook
Targets 200-250 new store openings in FY27; expanding into backpacks, luggage, and fragrances; scaling Ozark brand.
Risks
Gross margin declined 251 bps to 43.1% due to accounting changes in e-commerce; single-country sourcing concentration risks.
Earnings Call filed with NSE, NSE: REDTAPE. Summary written with AI assistance from the document.
Redtape Ltd: key numbers
- Share price
- ₹109.15
- Market cap
- ₹6,034 Cr
- Revenue (annual)
- ₹2,419 Cr
- Net profit (annual)
- ₹240.6 Cr
- P/E (TTM)
- 23.8×Sector 66.2×
- Promoter holding
- 71.83%+0.00% QoQ
- FII holding
- 3.02%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Redtape Ltd
All →Redtape Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹474 Cr (-3.5% YoY), PAT ₹36 Cr (+27.3%), EBITDA margin 18.9%; H1 revenue flat at ₹955 Cr. Big Billion Days shift to Q3 cited.
Redtape Results Update
RedTape's Q2 FY27 standalone revenue fell 3.5% YoY to ₹474 Cr, while EBITDA rose 8.2% and PAT 27.3%. Big Billion Days sales shifted into Q3.
Redtape Financial Results
Redtape's board approved unaudited Q2 and half-year results ending September 30, 2026. The auditor's review flags a pending income-tax search as an emphasis of matter.
Redtape Board Meeting Date
Redtape Ltd intimated BSE that its Board will meet on November 4, 2026 to consider Q2 and half-year results ended September 30, 2026. The notice also reiterates the trading window closure from October 1, 2026.
Redtape Other Announcement
Redtape Ltd has filed the required quarterly certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018, confirming dematerialization details for the quarter ended September 30, 2026.
Redtape Other Announcement
Redtape Limited confirmed compliance with SEBI LODR Regulations 6(1) and 7(1) for the quarter ended September 30, 2026.