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Earnings Call

Redtape Earnings Call: Key Takeaways

RedTape FY26 revenue reached ₹2,415cr (+19.6% YoY) with standalone PAT at ₹244cr (+32.4%). Strategy shifts toward premium casual segments and multi-brand architecture.

Highlights
Revenue growthFY26 growth of 19.6% over FY25.
MarginsEBITDA margins expanded from 17.5% to 19% YoY.
Demand visibilityStrong footfalls; demand resilient in Tier 2/3 towns.
Management confidenceHigh; citing structural shift from unorganized to organized retail.

Growth

FY26 Revenue ₹2,415cr (+19.6%); EBITDA margin expanded to 19%; Standalone PAT ₹244cr (+32.4%).

Outlook

Targeting 200-250 new store openings in FY27; aiming for 150 inventory days and expansion into South/West India.

Risks

High inventory days (175 days), raw material price volatility, and intense competition from global brands.

Source

Earnings Call filed with BSE, BSE: 543957. Summary written with AI assistance from the document.

Read the document ↗

Redtape Ltd: key numbers

Share price
₹121.05
Market cap
₹6,692 Cr
Revenue (annual)
₹2,419 Cr
Net profit (annual)
₹240.6 Cr
P/E (TTM)
27.1×Sector 67.6×
Promoter holding
71.83%+0.00% QoQ
FII holding
3.21%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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