| Management target | Revenue 19.6% FY26 |
|---|
| Revenue growth | 3.7% YoY in Q1 FY27. |
|---|---|
| Margins | EBITDA margins expanded 323 bps YoY to 20.4%. |
| Demand visibility | Improving demand trends as Q1 progressed. |
| Management confidence | High; focusing on margin protection and profitable growth. |
Growth
Q1 FY27 revenue grew 3.7% YoY; Standalone PAT rose 19.4% to ₹47 Cr with 9.5% margin.
Outlook
Targeting FY26 revenue scale of ₹2,415 Cr. Launched Sprandi brand; expanding into Tier-3 cities with 702 current stores.
Risks
Near-term consumption trends were uneven; company faced pressure across key operating costs during the quarter.
Last quarter's promises, checked
Delivered
- Guided 16-19% EBITDA margin → delivered 20.4% (= BEAT)
- Guided 25-35% COCO store ratio → delivered ~26% (= BEAT)
- Guided 150-170 inventory days → delivered 171 days (= BEAT)
Partly delivered
- Guided 200-250 new stores annually → delivered 33 in Q1 (= PARTIAL)
Missed
- Guided 19.6% FY26 revenue growth → delivered 3.7% Q1 FY27 (= MISS)
Investor Presentation filed with NSE, NSE: REDTAPE. Summary written with AI assistance from 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.
More from Redtape Ltd
All →Redtape Price Movement Clarification
Redtape replied to NSE's spurt-in-volume query, stating no undisclosed information drives the price move. It attributed the volume rise to prevailing market conditions and market-driven factors.
Redtape Investor Presentation: Key Takeaways
RedTape reported its highest-ever Q1 profit of INR 47 crores. The company maintained a profitability-first approach, prioritizing brand integrity over high-discount e-commerce volume.
Redtape Q1 FY27 Results: Net Profit ₹44.5 Cr, Up 15.3% YoY
Redtape Ltd reported revenue from operations of ₹481.3 Cr (+3.7% YoY) and net profit of ₹44.5 Cr (+15.3% YoY) for Q1 FY27.
- Key figure
- Net profit ₹44.5 Cr · +15.3% YoY
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.
Redtape Earnings Call: Key Takeaways
RedTape Limited reported FY26 revenue of ₹2,415 Cr (+19.6% YoY) and PAT of ₹244 Cr (+32.4% YoY), driven by an asset-light FOFO model and footwear dominance.
Redtape Q4 FY26 Results: Net Profit ₹69.9 Cr, Up 69.7% YoY
Redtape Ltd reported revenue from operations of ₹675.5 Cr (+33.5% YoY) and net profit of ₹69.9 Cr (+69.7% YoY) for Q4 FY26.
- Key figure
- Net profit ₹69.9 Cr · +69.7% YoY