ALFA Finder| Revenue growth | 3.7% YoY standalone revenue growth in Q1 FY27. |
|---|---|
| Margins | Gross margin at 47.5%; EBITDA margin at 20.4%. |
| Demand visibility | Improving trends after a soft start to the quarter. |
| Management confidence | High; focusing on sustainable profitable growth over discounted turnover. |
Growth
Standalone revenue grew 3.7% YoY to INR 480 crores; PAT grew 19.4% YoY to INR 47 crores.
Outlook
Aspirations to open 150+ stores in FY27 and launch the Sprandi brand by September 2026.
Risks
Near-term uneven demand, input/labor cost pressures, and aggressive discounting by e-commerce marketplaces.
Last quarter's promises, checked
Delivered
- Guided 16-19% EBITDA → delivered 20.4% (= BEAT)
- Guided 25-35% COCO store ratio → delivered 25-27% (= BEAT)
- Guided inventory reduction to 150 days → delivered 150 days (= BEAT)
Partly delivered
- Guided 200-250 store additions → delivered 150+ target (= PARTIAL)
Missed
- Guided 19.6% revenue growth → delivered 3.7% (= MISS)
Investor Presentation filed with BSE, 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.