profit from every ₹100 of sales.
₹0₹100
Redtape
₹107.42-1.05% today
-13.1% in 1 year
1-year low ₹103.541-year high ₹148.49
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹24.69 for every ₹1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Redtape sold, what it kept, and what it did with the cash.
Sales went from ₹14.6 billion in 2023 to ₹24.2 billion in 2026, with ₹2.41 billion of profit last year.
SalesProfit
Redtape handed back 16% of the cash it generated last year.
₹138M
Free cash flow 2026₹881M
Bought back its own shares–
Paid as dividends₹138M
Cash vs. debt₹90M vs. ₹7.2B
Redtape vs. similar companies
Redtape grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Redtape | 24.7× · Fair price | ||
 Nike | 18.2× · Fair price | ||
 Adidas | 22.4× · Fair price | ||
 ASICS | 29.8× · Fair price | ||
 Zhejiang China Commodities City Group | 15.9× · Fair price |
AI analysis
An AI analyst reads Redtape's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 14,587 | 18,320 | 20,209 | 24,188 | |
| 6,723 | 8,834 | 9,234 | 10,415 | |
| 2,000 | 2,651 | 1,329 | 2,595 | |
| 2,480 | 3,280 | 3,673 | 4,802 | |
| 1,422 | 1,762 | 1,700 | 2,406 | |
| 2.57 | 3.19 | 3.08 | – | |
| 46.1% | 48.2% | 45.7% | 43.1% | |
| 13.7% | 14.5% | 6.6% | 10.7% | |
| 9.7% | 9.6% | 8.4% | 9.9% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 12,390 | 15,884 | 22,242 | 23,056 |
| Cash | 252 | 210 | 137 | 90 |
| Total debt | 2,600 | 4,801 | 7,237 | 7,200 |
| Total liabilities | 7,623 | 9,399 | 14,354 | 12,842 |
| 4,768 | 6,484 | 7,888 | 10,214 | |
| 553 | 553 | 552 | – | |
| 20.7% | 17.9% | 14.1% | 16.9% | |
| 29.8% | 27.2% | 21.6% | 23.6% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 1,270 | 844 | 43 | 1,740 | |
| 1,459 | 1,195 | 1,132 | 859 | |
| -189 | -351 | -1,089 | 881 | |
| Dividends paid | – | – | 276 | 138 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 24.7×
- –
- –
- 7.1×
- 2.5×
- 67.4×
- 13.8×
- 1.5%
- 4.1%
- 0.2%
Profitability
- 43.1%
- 10.7%
- 9.9%
- –
- 16.9%
- 17.4%
- –
- –
- –
- –
Growth
- +18.4%
- –
- –
- –
- −0.1%
Financial health
- 1.5×
- 0.70
- –
- 5.8×
- 1.57
- –
- –
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 14%of 982
Top 35%of 994
Bottom 35%of 853
Top 21%of 993
Bottom 26%of 980
0.2%of the share price, paid each year
On $1,000 invested$2a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
5.7% of its profit
Room to growStretchedMore than it earns: 15.7%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
50No pass
Benjamin Graham
49No pass
Philip Fisher
57No pass
Peter Lynch
72Pass
Joel Greenblatt
39No pass
Charlie Munger
50No pass
Terry Smith
43No pass
Questions about Redtape
Is Redtape a good stock to buy?
A solid business at a fair price. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Redtape AI analysis
What does Redtape do?
REDTAPE Limited manufactures and sells footwear and clothing for men, women, and kids in India and internationally. It is in Footwear & Accessories, based in Noida, India.
Does Redtape pay a dividend?
Yes. At today's price the dividend is 0.2% a year, about 6% of its yearly profit. In 2026 it paid out ₹138 million in dividends.
Is Redtape stock halal?
Yes. Redtape passes our halal screen: its business is permitted and its debt is 12% of its market value, under the 30% limit. How we check
How has Redtape stock done over the past year?
Down 13.1% over the past twelve months, to ₹107.42. It traded between ₹103.54 and ₹148.49 and is 27.7% below its high.
Who are Redtape's competitors?
The largest listed companies in the same industry are Nike, Adidas, ASICS and Zhejiang China Commodities City Group. The peers table on this page compares their profit, growth and price with Redtape's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.