What does Redtape do?

Jul 17 2025 07:47 AM IST
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Redtape Ltd designs, manufactures, and retails leather footwear, sports shoes, garments, and accessories, operating as a mid-cap company with a market cap of INR 7,720 Cr. As of March 2025, it reported net sales of 5,052 Cr and a net profit of 415 Cr.
Overview:
Redtape Ltd is a company engaged in the design, development, manufacturing, marketing, trading, export, and retailing of leather footwear, sports shoes, garments, leather goods, and accessories, operating within the footwear industry and classified as a mid-cap company.

History:
Redtape Ltd was incorporated on December 8, 2021, as a wholly owned subsidiary of Mirza International Limited. The latest quarterly results reported are for March 2025, showcasing the company's performance in terms of sales and profit.

Financial Snapshot:
Net Sales: 5,052 Cr (Quarterly Results - Mar 2025)
Net Profit: 415 Cr (Quarterly Results - Mar 2025)
Market Cap: INR 7,720 Cr (Mid Cap)

Key Metrics:
P/E: 45.00
Industry P/E: 69
Dividend Yield: 0.00%
Debt-Equity: 0.90
Return on Equity: 21.58%
Price to Book: 9.73

Contact Details:
Details: No Company Details Available
Registrar Address: Not available.
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