- Valuation
- ₹11,500 Cr

About Red Tape
Red Tape is a publicly listed company based in Noida (India) founded in 1996 by Irshad Mirza and Rashid Ahmed Mirza. Retailer of footwear, apparel, and accessories for men, women, and children. The company has 819 employees. Its website redtape.com draws about 2.5 million monthly visits. Its Indian entity Redtape Limited reported revenue of ₹2,552 Cr. Its focus areas include Consumer Goods, Apparel Brands, Casual Wear and Multi category. Its competitors include Bewakoof and Styched; 2 of its 2 listed competitors have raised funding.
Company details
Founded in 1996 and based in Noida, India, the company operates in the retail sector, focusing on footwear, apparel, and accessories. A range of products, including casual and formal shoes, sportswear, shirts, trousers, and items like wallets and belts, is provided for various age groups. Sales are conducted directly to consumers via an online platform and physical stores, serving diverse styles and needs.
Recognitions & Rankings of Red Tape
- Headquarters Noida, India
- Employees 819
- Founders Irshad Mirza, Rashid Ahmed Mirza
- Stage Public
- SectorsRetail
- Website category Lifestyle · Fashion and Apparel
- Email••••••••
- Phone•••• ••••
- Website redtape.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Redtape Limited
- Market Cap₹5,942 Cr
REDTAPE · NSE
- Share Price₹104.06
-3.18% today
- Revenue₹2,419 Cr
FY 2025-26 · +19.7% YoY
- EBITDA₹353 Cr
Margin 14.6%
- Net Profit₹241 Cr
FY 2025-26 · +43.0% YoY
- P/E (TTM)25.0x
P/B 6.0x
- ROE26.6%
ROCE 24.4%
- Debt / Equity0.80
Interest cover 27.7x
- Employee Count819
Associated legal entities of Red Tape
Red Tape is associated with 2 registered companies on The Company Check; the primary company is Redtape Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Redtape Limited Listed CIN L74101UP2021PLC156659 | Active | 08 Dec 2021 | Noida, Uttar Pradesh | ₹2,552 Cr | 722 | 10 | View details |
| Mirza International Limited Listed CIN L19129UP1979PLC004821 | Active | 05 Sep 1979 | Noida, Uttar Pradesh | ₹548 Cr | 1,589 | 12 | View details |
Apps and channels of Red Tape
its YouTube channel REDTAPE has 29.6K subscribers and 30 videos.
Videos from Red Tape
The most watched videos on Red Tape's YouTube channel, REDTAPE (29.6K subscribers). Click a video to play it here.
More on REDTAPE.
Board of directors of Redtape Limited (Red Tape)
Redtape Limited is the primary company behind Red Tape. The boards of the 2 registered companies of Red Tape currently have 16 directors; the longest-serving is Shahid Ahmad Mirza, appointed in 1979. 26 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shahid Ahmad Mirza DIN 00048990 | Whole-time director | 06 Sep 1979 | 47 yrs 1 mo | Mirza International Limited |
| Tauseef Ahmad Mirza DIN 00049037 | Managing Director | 06 Sep 1989 | 37 yrs 1 mo | Mirza International Limited |
| Tasneef Ahmad Mirza DIN 00049066 | Whole-time director | 01 Jan 1997 | 29 yrs 9 mo | Mirza International Limited |
| Saumya Srivastava DIN 08206547 | Director | 09 Aug 2019 | 7 yrs 2 mo | Mirza International Limited |
| Sanjiv Gupta DIN 02240256 | Director | 12 Nov 2019 | 6 yrs 11 mo | Mirza International Limited |
| Arvind Verma DIN 09429834 | Whole-time director | 08 Dec 2021 | 4 yrs 10 mo | Redtape Limited |
| Shuja Mirza DIN 01453110 | Managing Director | 08 Dec 2021 | 4 yrs 10 mo | Redtape Limited |
| Rashid Ahmed Mirza DIN 00049009 | Whole-time director | 08 Dec 2021 | 4 yrs 10 mo | Redtape Limited |
| Sanjay Bhalla DIN 00699901 | Director | 10 Dec 2021 | 4 yrs 10 mo | Redtape Limited, Mirza International Limited |
| Subhash Chander Sapra DIN 00049243 | Director | 07 Apr 2023 | 3 yrs 6 mo | Redtape Limited, Mirza International Limited |
| Yashvir Singh DIN 00049360 | Director | 07 Apr 2023 | 3 yrs 6 mo | Redtape Limited |
| Rajshree Saxena DIN 09784592 | Director | 07 Apr 2023 | 3 yrs 6 mo | Redtape Limited |
| Sunanda DIN 10243709 | Whole-time director | 01 Aug 2023 | 3 yrs 2 mo | Redtape Limited |
| Faraz Mirza DIN 02536109 | Whole-time director | 12 Aug 2023 | 3 yrs 2 mo | Mirza International Limited |
| Sabir Amin Ul Rahman DIN 01548381 | Director | 28 May 2024 | 2 yrs 4 mo | Mirza International Limited |
| Aqeel Ahmad Khan DIN 08842529 | Additional Director | 01 Jun 2026 | 4 mo | Mirza International Limited |
People of Red Tape
16 people are tracked at Red Tape (6 in leadership, 10 in team); the tracked headcount is 819.
| Name | Role | Group |
|---|---|---|
Irshad Mirza | Co-Founder & Executive Chairman | Leadership |
| Co-Founder & Chairman | Leadership | |
| Managing Director | Leadership | |
| Director | Leadership | |
Abhinav Jain | Chief Financial Officer | Leadership |
Mohammad Kalim | Retail Operations Head ,redtape Limited 🇮🇳 | Leadership |
Simran Tuteja | Manager- Buying & Merchandising | Team |
Farhad Kabir Shohan | Senior Merchandiser | Team |
Kaseem Zaidi | Visual Merchandiser | Team |
Pritam Krishna | Team Lead (apparel) Retail Merchandising | Team |
Akshay Kumar | 𝐒𝐀𝐏 𝐈𝐦𝐩𝐥𝐞𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧𝐬 | Team |
Vaishnavi Kashyap | Executive E-commerce Merchandiser | Team |
Abhishek Jha | Store Manager | Team |
Sk Jamirul Islam | E-commerce Operation ( Kolkata ) | Team |
Amit Pandey | Area Sales Manager | Team |
Krishna Kumar Yadav | Warehouse Operation | Team |
Complete people profiles for Red Tape
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Red Tape
Red Tape is a publicly listed company on the NSE with ticker symbol REDTAPE in India, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date08 Nov 2023
- Listed onBSE: 543957
- Listed entityRedtape Limited
- Exchange sectorRetail trade
- ISININE0LXT01019
- Share price₹113.55 (+0.57% on the day) · 2026-10-14
- Market capitalisation₹6,244 Cr
- Price to earnings25.5
- EPS (diluted, trailing year)₹4.46
- Dividend yield1.79%
- Volume (last session)86,919
Financials of Red Tape
Exchange-reported figures of Redtape Limited, the listed company behind Red Tape (NSE: REDTAPE).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 2,419 | 2,021 | 1,843 | 1,468 | 303 |
| Revenue growth | +19.7% | +9.7% | +25.5% | +384.2% | - |
| EBITDA | 353 | 220 | 319 | 244 | 47.16 |
| EBITDA margin | +14.6% | +10.9% | +17.3% | +16.7% | +15.6% |
| Profit before tax | 324 | 233 | 236 | 189 | 40.80 |
| Net profit | 241 | 169 | 176 | 142 | 29.26 |
| Net profit margin | +10.0% | +8.4% | +9.6% | +9.7% | +9.7% |
| EPS (₹) | 4.35 | 3.08 | 12.75 | 10.29 | 23,232.00 |
| Balance sheet | |||||
| Total assets | 1,746 | 1,517 | 1,133 | 740 | 598 |
| Net worth | 1,021 | 789 | 648 | 477 | 336 |
| Total debt | 720 | 724 | 480 | 260 | 28.50 |
| Cash & bank | 9.76 | 14.57 | 21.04 | 26.18 | 14.26 |
| Net working capital | 960 | 742 | 460 | 288 | 263 |
| Cash flow | |||||
| Cash from operations | 174 | 4.30 | 84.37 | 127 | 44.24 |
| Cash from investing | (84.76) | (110) | (116) | (127) | (49.17) |
| Cash from financing | (93.99) | 98.62 | 26.10 | 12.43 | (17.22) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 481 | 676 | 787 | 492 | 464 | 506 | 661 | 416 |
| Revenue growth (YoY) | +3.7% | +33.5% | +19.0% | +18.4% | +5.1% | - | - | - |
| Other income | 15.14 | 22.32 | 31.38 | 9.54 | 9.16 | 50.12 | 8.53 | 3.36 |
| EBITDA | 83.53 | 111 | 147 | 72.79 | 77.02 | 45.09 | 125 | 64.07 |
| EBITDA margin | +17.4% | +16.5% | +18.6% | +14.8% | +16.6% | +8.9% | +18.9% | +15.4% |
| Depreciation | 23.73 | 22.45 | 22.63 | 21.76 | 21.08 | 21.52 | 22.08 | 20.91 |
| Interest | 14.54 | 14.97 | 17.98 | 18.80 | 16.39 | 16.21 | 12.71 | 11.60 |
| Profit before tax | 60.40 | 96.34 | 137 | 41.77 | 48.71 | 57.48 | 98.97 | 34.92 |
| Tax | 15.92 | 26.46 | 32.82 | 14.23 | 10.11 | 16.26 | 25.90 | 9.85 |
| Net profit | 44.48 | 69.88 | 105 | 27.54 | 38.60 | 41.22 | 73.07 | 25.07 |
| EPS (₹) | 0.80 | 1.26 | 1.89 | 0.50 | 0.70 | 0.75 | 1.32 | 0.45 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 2,415 | 2,018 | 1,832 | 1,459 | 297 |
| Revenue growth | +19.6% | +10.2% | +25.6% | +391.3% | - |
| EBITDA | 355 | 220 | 310 | 236 | 41.99 |
| EBITDA margin | +14.7% | +10.9% | +16.9% | +16.2% | +14.1% |
| Profit before tax | 328 | 247 | 227 | 181 | 35.65 |
| Net profit | 245 | 183 | 171 | 136 | 25.44 |
| Net profit margin | +10.1% | +9.1% | +9.3% | +9.3% | +8.6% |
| EPS (₹) | 4.42 | 3.34 | 12.29 | 9.85 | 5,088.00 |
| Balance sheet | |||||
| Total assets | 1,749 | 1,516 | 1,116 | 729 | 622 |
| Net worth | 1,025 | 788 | 632 | 466 | 332 |
| Total debt | 720 | 724 | 479 | 260 | 187 |
| Cash & bank | 9.14 | 11.53 | 8.21 | 14.85 | 8.05 |
| Net working capital | 964 | 741 | 445 | 277 | 287 |
| Cash flow | |||||
| Cash from operations | 176 | 1.60 | 81.57 | 111 | 17.39 |
| Cash from investing | (84.41) | (98.05) | (115) | (116) | (21.85) |
| Cash from financing | (93.71) | 98.89 | 26.42 | 12.41 | (23.90) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 480 | 674 | 786 | 491 | 463 | 504 | 662 | 416 |
| Revenue growth (YoY) | +3.7% | +33.8% | +18.7% | +18.2% | +5.1% | - | - | - |
| Other income | 15.21 | 22.52 | 31.43 | 9.60 | 9.05 | 63.38 | 8.52 | 3.36 |
| Total expenses | 395 | 562 | 638 | 418 | 385 | 460 | 536 | 351 |
| EBITDA | 85.78 | 112 | 148 | 73.01 | 77.73 | 44.17 | 127 | 64.53 |
| EBITDA margin | +17.9% | +16.7% | +18.8% | +14.9% | +16.8% | +8.8% | +19.1% | +15.5% |
| Depreciation | 23.64 | 22.40 | 22.54 | 21.64 | 20.98 | 21.46 | 21.97 | 20.72 |
| Interest | 14.51 | 14.92 | 17.96 | 18.78 | 16.38 | 16.20 | 12.69 | 11.58 |
| Profit before tax | 62.84 | 97.52 | 139 | 42.19 | 49.42 | 69.89 | 100 | 35.59 |
| Tax | 15.92 | 26.35 | 32.82 | 14.23 | 10.11 | 15.67 | 26.36 | 9.91 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 481 | 676 | 787 | 492 | 464 | 506 | 661 | 416 |
| Revenue growth (YoY) | +3.7% | +33.5% | +19.0% | +18.4% | +5.1% | - | - | - |
| Other income | 15.14 | 22.32 | 31.38 | 9.54 | 9.16 | 50.12 | 8.53 | 3.36 |
| EBITDA | 83.53 | 111 | 147 | 72.79 | 77.02 | 45.09 | 125 | 64.07 |
| EBITDA margin | +17.4% | +16.5% | +18.6% | +14.8% | +16.6% | +8.9% | +18.9% | +15.4% |
| Depreciation | 23.73 | 22.45 | 22.63 | 21.76 | 21.08 | 21.52 | 22.08 | 20.91 |
| Interest | 14.54 | 14.97 | 17.98 | 18.80 | 16.39 | 16.21 | 12.71 | 11.60 |
| Profit before tax | 60.40 | 96.34 | 137 | 41.77 | 48.71 | 57.48 | 98.97 | 34.92 |
| Tax | 15.92 | 26.46 | 32.82 | 14.23 | 10.11 | 16.26 | 25.90 | 9.85 |
| Net profit | 44.48 | 69.88 | 105 | 27.54 | 38.60 | 41.22 | 73.07 | 25.07 |
| EPS (₹) | 0.80 | 1.26 | 1.89 | 0.50 | 0.70 | 0.75 | 1.32 | 0.45 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 2,419 | 2,021 | 1,843 | 1,468 | 303 |
| Revenue growth | +19.7% | +9.7% | +25.5% | +384.2% | - |
| Other income | 133 | 151 | 13.05 | 6.52 | 0.06 |
| Total expenses | 2,066 | 1,801 | 1,524 | 1,224 | 256 |
| Employee cost | 125 | 120 | 92.66 | 67.97 | 11.85 |
| EBITDA | 353 | 220 | 319 | 244 | 47.16 |
| EBITDA margin | +14.6% | +10.9% | +17.3% | +16.7% | +15.6% |
| Depreciation | 87.92 | 83.43 | 59.24 | 44.44 | 2.43 |
| Interest | 73.27 | 54.26 | 36.58 | 17.46 | 3.99 |
| Profit before tax | 324 | 233 | 236 | 189 | 40.80 |
| Tax | 83.62 | 62.92 | 60.00 | 46.95 | 11.76 |
| Net profit | 241 | 169 | 176 | 142 | 29.26 |
| Net profit margin | +10.0% | +8.4% | +9.6% | +9.7% | +9.7% |
| EPS (₹) | 4.35 | 3.08 | 12.75 | 10.29 | 23,232.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 111 | 111 | 27.64 | 27.64 | 0.01 |
| Reserves & surplus | 911 | 678 | 621 | 449 | 308 |
| Shareholders' funds (net worth) | 1,021 | 789 | 648 | 477 | 336 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 386 | 366 | 161 | 80.71 | 28.50 |
| Unsecured loans | 334 | 358 | 320 | 179 | 0.00 |
| Total debt | 720 | 724 | 480 | 260 | 28.50 |
| Total liabilities | 1,746 | 1,517 | 1,133 | 740 | 598 |
| Assets | |||||
| Gross block | 1,102 | 994 | 861 | 545 | 466 |
| Net block | 750 | 717 | 646 | 368 | 304 |
| Capital work in progress | 25.00 | 46.29 | 17.40 | 71.09 | 17.06 |
| Investments | 0.00 | 0.00 | 0.00 | 0.56 | 0.66 |
| Inventories | 1,152 | 1,221 | 764 | 643 | 397 |
| Sundry debtors | 210 | 110 | 90.76 | 84.11 | 56.17 |
| Cash & bank balances | 9.76 | 14.57 | 21.04 | 26.18 | 14.26 |
| Loans & advances | 146 | 103 | 38.32 | 31.19 | 20.22 |
| Total current assets | 1,518 | 1,448 | 914 | 784 | 487 |
| Total current liabilities | 558 | 707 | 454 | 497 | 224 |
| Net working capital | 960 | 742 | 460 | 288 | 263 |
| Total assets | 1,746 | 1,517 | 1,133 | 740 | 598 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 13.69 | 21.04 | 26.18 | 14.26 | 36.41 |
| Net cash from operating activities | 174 | 4.30 | 84.37 | 127 | 44.24 |
| Net cash from investing activities | (84.76) | (110) | (116) | (127) | (49.17) |
| Net cash from financing activities | (93.99) | 98.62 | 26.10 | 12.43 | (17.22) |
| Net change in cash | (4.74) | (7.35) | (5.14) | 11.92 | (22.15) |
| Closing cash | 9.76 | 14.57 | 21.04 | 26.18 | 14.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +19.7% | +9.7% | +25.5% | +384.2% | - |
| EBITDA growth | +60.5% | -31.2% | +30.5% | +418.4% | - |
| PBT growth | +39.2% | -1.4% | +24.9% | +9997.0% | +9997.0% |
| Net income growth | +43.0% | -4.3% | +24.1% | +385.5% | - |
| Revenue CAGR (3Y) | +18.1% | +88.2% | - | - | - |
| EBITDA CAGR (3Y) | +13.0% | +67.0% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +10.0% | +8.4% | +9.6% | +9.7% | +9.6% |
| Return on capital employed | +24.4% | +21.7% | +29.1% | +30.9% | +30.0% |
| Return on net worth | +26.6% | +23.7% | +31.3% | +35.0% | +34.6% |
| Debt / equity | 0.80 | 0.84 | 0.66 | 0.36 | 0.08 |
| Long-term debt / equity | 0.36 | 0.46 | 0.45 | 0.25 | 0.03 |
| Interest cover | 27.69 | 39.84 | 14.08 | 8.73 | 8.92 |
| Efficiency & per share | |||||
| Fixed asset turnover | 2.31 | 2.18 | 2.62 | 2.90 | 2.60 |
| Inventory turnover | 2.04 | 2.04 | 2.62 | 2.82 | 3.06 |
| Debtors turnover | 15.09 | 20.09 | 21.08 | 20.93 | 21.59 |
| EPS (₹) | 4.35 | 3.08 | 12.75 | 10.29 | 23,232.00 |
| Dividend per share (₹) | 2.00 | 2.25 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 18.48 | 14.27 | 46.92 | 34.50 | 61,648.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 480 | 674 | 786 | 491 | 463 | 504 | 662 | 416 |
| Revenue growth (YoY) | +3.7% | +33.8% | +18.7% | +18.2% | +5.1% | - | - | - |
| Other income | 15.21 | 22.52 | 31.43 | 9.60 | 9.05 | 63.38 | 8.52 | 3.36 |
| Total expenses | 395 | 562 | 638 | 418 | 385 | 460 | 536 | 351 |
| EBITDA | 85.78 | 112 | 148 | 73.01 | 77.73 | 44.17 | 127 | 64.53 |
| EBITDA margin | +17.9% | +16.7% | +18.8% | +14.9% | +16.8% | +8.8% | +19.1% | +15.5% |
| Depreciation | 23.64 | 22.40 | 22.54 | 21.64 | 20.98 | 21.46 | 21.97 | 20.72 |
| Interest | 14.51 | 14.92 | 17.96 | 18.78 | 16.38 | 16.20 | 12.69 | 11.58 |
| Profit before tax | 62.84 | 97.52 | 139 | 42.19 | 49.42 | 69.89 | 100 | 35.59 |
| Tax | 15.92 | 26.35 | 32.82 | 14.23 | 10.11 | 15.67 | 26.36 | 9.91 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 2,415 | 2,018 | 1,832 | 1,459 | 297 |
| Revenue growth | +19.6% | +10.2% | +25.6% | +391.3% | - |
| Other income | 133 | 164 | 12.77 | 6.51 | 0.06 |
| Total expenses | 2,059 | 1,798 | 1,522 | 1,222 | 255 |
| Employee cost | 123 | 119 | 91.52 | 66.47 | 10.74 |
| EBITDA | 355 | 220 | 310 | 236 | 41.99 |
| EBITDA margin | +14.7% | +10.9% | +16.9% | +16.2% | +14.1% |
| Depreciation | 87.56 | 82.87 | 58.76 | 44.44 | 2.43 |
| Interest | 73.17 | 54.17 | 36.51 | 17.44 | 3.97 |
| Profit before tax | 328 | 247 | 227 | 181 | 35.65 |
| Tax | 83.51 | 62.79 | 57.49 | 45.05 | 10.21 |
| Net profit | 245 | 183 | 171 | 136 | 25.44 |
| Net profit margin | +10.1% | +9.1% | +9.3% | +9.3% | +8.6% |
| EPS (₹) | 4.42 | 3.34 | 12.29 | 9.85 | 5,088.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 111 | 111 | 27.64 | 27.64 | 0.01 |
| Reserves & surplus | 914 | 678 | 605 | 438 | 332 |
| Shareholders' funds (net worth) | 1,025 | 788 | 632 | 466 | 332 |
| Secured loans | 386 | 366 | 161 | 80.71 | 0.00 |
| Unsecured loans | 334 | 358 | 319 | 179 | 187 |
| Total debt | 720 | 724 | 479 | 260 | 187 |
| Total liabilities | 1,749 | 1,516 | 1,116 | 729 | 622 |
| Assets | |||||
| Gross block | 1,100 | 992 | 859 | 545 | 303 |
| Net block | 749 | 716 | 645 | 368 | 303 |
| Capital work in progress | 25.00 | 46.29 | 17.40 | 71.09 | 17.06 |
| Investments | 0.43 | 0.43 | 0.42 | 0.96 | 1.07 |
| Inventories | 1,150 | 1,218 | 760 | 643 | 397 |
| Sundry debtors | 209 | 109 | 90.48 | 84.11 | 56.17 |
| Cash & bank balances | 9.14 | 11.53 | 8.21 | 14.85 | 8.05 |
| Loans & advances | 149 | 105 | 38.12 | 30.06 | 19.49 |
| Total current assets | 1,518 | 1,444 | 897 | 772 | 480 |
| Total current liabilities | 553 | 702 | 452 | 495 | 193 |
| Net working capital | 964 | 741 | 445 | 277 | 287 |
| Total assets | 1,749 | 1,516 | 1,116 | 729 | 622 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 10.65 | 8.21 | 14.85 | 8.05 | 36.41 |
| Net cash from operating activities | 176 | 1.60 | 81.57 | 111 | 17.39 |
| Net cash from investing activities | (84.41) | (98.05) | (115) | (116) | (21.85) |
| Net cash from financing activities | (93.71) | 98.89 | 26.42 | 12.41 | (23.90) |
| Net change in cash | (2.32) | 2.44 | (6.64) | 6.80 | (28.36) |
| Closing cash | 9.14 | 11.53 | 8.21 | 14.85 | 8.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +19.6% | +10.2% | +25.6% | +391.3% | - |
| EBITDA growth | +61.5% | -29.0% | +31.0% | +463.2% | - |
| PBT growth | +32.5% | +8.8% | +25.5% | +408.1% | +9997.0% |
| Net income growth | +33.6% | +7.3% | +25.6% | +434.5% | - |
| Revenue CAGR (3Y) | +18.3% | +89.4% | - | - | - |
| EBITDA CAGR (3Y) | +14.5% | +73.7% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +10.1% | +9.1% | +9.3% | +9.3% | +8.6% |
| Return on capital employed | +24.6% | +22.9% | +28.6% | +29.4% | +6.4% |
| Return on net worth | +26.9% | +26.0% | +30.9% | +34.1% | +7.7% |
| Debt / equity | 0.80 | 0.85 | 0.67 | 0.56 | 0.56 |
| Long-term debt / equity | 0.36 | 0.46 | 0.46 | 0.42 | 0.43 |
| Interest cover | 27.32 | 39.49 | 14.54 | 9.08 | 10.04 |
| Efficiency & per share | |||||
| Fixed asset turnover | 2.31 | 2.18 | 2.61 | 3.44 | 0.98 |
| Inventory turnover | 2.04 | 2.04 | 2.61 | 2.81 | 0.75 |
| Debtors turnover | 15.18 | 20.23 | 20.98 | 20.80 | 5.29 |
| EPS (₹) | 4.42 | 3.34 | 12.29 | 9.85 | 5,088.00 |
| Dividend per share (₹) | 2.00 | 2.25 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 18.53 | 14.26 | 45.74 | 33.73 | 66,456.00 |
Competitors of Red Tape
Red Tape has 2 listed competitors in our database, 2 of them funded. They include Bewakoof and Styched.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bewakoof.com | 2011 | Mumbai, India | $39.49M | 161 | Multi-category fashion products are sold by an internet-first brand. | |
| styched.in | 2019 | Bengaluru, India | $925,098 | Multi-category fashion for men and women is offered online. |
Detailed competitors of Red Tape
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- Full competitor set
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Web traffic of Red Tape
The website of Red Tape (redtape.com) receives about 2.5M visits a month and ranks #13,775 among all websites worldwide, #614 in Fashion and Apparel.
- Monthly visits2.5M
▼ 23.3% vs previous month
- Unique visitors1.5M
per month
- Global rank#13,775
among all websites
- Category rank#614
Lifestyle · Fashion and Apparel
- Bounce rate19%
- Pages per visit5.7
- Average visit2 min 27 sec
- DevicesDesktop 11% · Mobile 89%
Websites whose visitors overlap most with Red Tape. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| campusshoes.com | 100% | 2.1M | #17,512 | View details | |
skechers.in | skechers.in | 98% | #24,418 | – | |
| baccabucci.com | 98% | 1.2M | #39,142 | View details | |
| ajio.com | 94% | 30.1M | #1,339 | View details | |
| wearcomet.com | 91% | 1.5M | #44,404 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Red Tape
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as Red Tape (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 |
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Related news about Red Tape
Complete news archive for Red Tape
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Frequently Asked Questions about Red Tape
Red Tape was founded in 1996.
Red Tape is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Red Tape has 819 employees.
The primary company behind Red Tape, Redtape Limited, reported revenue of ₹2,552 Cr for FY 2026, up 20% year on year.
Founded in 1996 and based in Noida, India, the company operates in the retail sector, focusing on footwear, apparel, and accessories. A range of products, including casual and formal shoes, sportswear, shirts, trousers, and items like wallets and belts, is provided for various age groups. Sales are conducted directly to consumers via an online platform and physical stores, serving diverse styles and needs.
Yes, Red Tape is publicly traded on NSE under the ticker symbol REDTAPE.
Red Tape is associated with 2 legal entities: Redtape Limited, Mirza International Limited.
The legal entities of Red Tape currently have 20 directors, including Arvind Verma, Shuja Mirza, Rashid Ahmed Mirza and others.
The website of Red Tape receives about 2.5 million visits a month and ranks #13,775 among all websites worldwide.
