ALFA Finder| 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
- ₹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.