ScoreWhy is Redtape Ltd ?
1
High Management Efficiency with a high ROCE of 16.63%
2
Poor long term growth as Operating profit has grown by an annual rate 13.05% of over the last 5 years
3
The company has declared positive results in Dec'2025 after 3 consecutive negative quarters
- NET SALES(Q) Highest at Rs 786.55 cr
- PBDIT(Q) Highest at Rs 170.58 cr.
- OPERATING PROFIT TO NET SALES(Q) Highest at 21.69%
4
Technical trend is Sideways signifying no clear price momentum
- The technical trend has improved from Mildly Bearish on 22-May-26 and has generated 0.15% returns since then
5
With ROCE of 15.4, it has a Expensive valuation with a 4.7 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -8.31%, its profits have risen by 25% ; the PEG ratio of the company is 1.4
6
Majority shareholders : Promoters
Real-Time Research ReportHow much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Footwear)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Redtape for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Redtape
-16.15%
-0.20
42.22%
Sensex
-11.8%
-0.49
12.94%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
16.08%
EBIT Growth (5y)
12.64%
EBIT to Interest (avg)
6.56
Debt to EBITDA (avg)
1.91
Net Debt to Equity (avg)
0.70
Sales to Capital Employed (avg)
1.51
Tax Ratio
26.63%
Dividend Payout Ratio
73.16%
Pledged Shares
0
Institutional Holding
14.95%
ROCE (avg)
19.91%
ROE (avg)
24.09%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
26
Industry P/E
39
Price to Book Value
6.16
EV to EBIT
21.62
EV to EBITDA
16.89
EV to Capital Employed
4.04
EV to Sales
2.87
PEG Ratio
0.66
Dividend Yield
1.76%
ROCE (Latest)
18.48%
ROE (Latest)
23.55%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
Bearish
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend11What is working for the Company
PAT(Latest six months)
At Rs 114.36 cr has Grown at 43.27%
DEBT-EQUITY RATIO(HY)
Lowest at 0.71 times
-10What is not working for the Company
NET SALES(Q)
At Rs 481.28 cr has Fallen at -20.4% (vs previous 4Q average
PBT LESS OI(Q)
At Rs 45.26 cr has Fallen at -28.1% (vs previous 4Q average
PAT(Q)
At Rs 44.48 cr has Fallen at -26.0% (vs previous 4Q average
CASH AND CASH EQUIVALENTS(HY)
Lowest at Rs 9.76 cr
Loading Valuation Snapshot...
Here's what is working for Redtape
Debt-Equity Ratio - Half Yearly
Lowest at 0.71 times
in the last five half yearly periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Here's what is not working for Redtape
Net Sales - Quarterly
At Rs 481.28 cr has Fallen at -20.4% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 604.69 CrMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 45.26 cr has Fallen at -28.1% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 62.94 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 44.48 cr has Fallen at -26.0% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 60.14 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Cash and Cash Equivalents - Half Yearly
Lowest at Rs 9.76 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
