Redtape Limited - professional services in Noida, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN L74101UP2021PLC156659 Incorporated 08 December 2021 ROC Uttar Pradesh HQ Noida, Uttar Pradesh, India
Active Listed Public Limited Company professional services
Data last updated
Market Cap
₹6,346 Cr
REDTAPE · NSE
Share Price
₹113.63
-1.02% 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)
25.9x
P/B 6.2x
ROE
26.6%
ROCE 24.4%
Debt / Equity
0.80
Interest cover 27.7x

About Redtape Limited

Data last updated:

Redtape Limited is a public limited company based in Noida, Uttar Pradesh, India. It operates in the accounting and financial advisory segment of the professional services sector. It was incorporated on 08 December 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN L74101UP2021PLC156659. It is a listed company.

The company has an authorised share capital of ₹112.01 Cr and a paid-up capital of ₹110.56 Cr. It is led by directors including Shuja Mirza (Managing Director) and Arvind Verma (Whole-Time Director).

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 08 Sector 90, Noida, Uttar Pradesh, India – 201301.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹2,418.77 Cr, a growth of 19.7% compared to the previous year. For the same year it recorded a net profit of ₹241.17 Cr (net margin 10%) and EBITDA of ₹352.52 Cr (EBITDA margin 14.6%). The net worth stands at ₹1,021.38 Cr (up 29.5% YoY). Total assets are valued at ₹1,746.01 Cr (up 15.1% YoY).

The company has about 722 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Red Tape. As per MCA filings, the company has open charges of ₹955.64 Cr and satisfied charges of ₹44.45 Lakh on record. Court records list 10 cases involving the company, including 6 filed by the company and 4 filed against it; 3 cases are pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹27.65 Cr; the latest was in March 2023.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website redtape.com.

Company Details of Redtape Limited
CIN L74101UP2021PLC156659
Registration Number 156659
Incorporation Date 08 December 2021
ROC Uttar Pradesh
Listing Status Listed
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Plot No. 08 Sector 90, Noida, Uttar Pradesh, India – 201301
  • Industry
    Professional Services, Accounting, Tax Consultant
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Financials from FY 2022 Directors & ownership Charges & compliance

Business Activity of Redtape Limited

The main business activities of Redtape are manufacturing and trade. In detail, this covers textile, leather and other apparel products and retail trading. 2 activity segments are registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC2Textile, leather and other apparel productsLocked
GTradeG2Retail TradingLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
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Verified entity values are shown only after access is granted.

Financials of Redtape Limited FY 2025-26 filings available

Redtape Limited reported revenue of ₹2,418.77 Cr (up 19.7% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹2,419 Cr
+19.7% YoY
EBITDA
₹353 Cr
+60.5% YoY
Profit After Tax
₹241 Cr
+43.0% YoY
Net Worth
₹1,021 Cr
+29.5% YoY
Total Assets
₹1,746 Cr
+15.1% YoY
Total Debt
₹720 Cr
-0.5% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Income statement
Revenue2,4192,0211,8431,468303
Revenue growth+19.7%+9.7%+25.5%+384.2%-
EBITDA35322031924447.16
EBITDA margin+14.6%+10.9%+17.3%+16.7%+15.6%
Profit before tax32423323618940.80
Net profit24116917614229.26
Net profit margin+10.0%+8.4%+9.6%+9.7%+9.7%
EPS (₹)4.353.0812.7510.2923,232.00
Balance sheet
Total assets1,7461,5171,133740598
Net worth1,021789648477336
Total debt72072448026028.50
Cash & bank9.7614.5721.0426.1814.26
Net working capital960742460288263
Cash flow
Cash from operations1744.3084.3712744.24
Cash from investing(84.76)(110)(116)(127)(49.17)
Cash from financing(93.99)98.6226.1012.43(17.22)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue481676787492464506661416
Revenue growth (YoY)+3.7%+33.5%+19.0%+18.4%+5.1%---
Other income15.1422.3231.389.549.1650.128.533.36
EBITDA83.5311114772.7977.0245.0912564.07
EBITDA margin+17.4%+16.5%+18.6%+14.8%+16.6%+8.9%+18.9%+15.4%
Depreciation23.7322.4522.6321.7621.0821.5222.0820.91
Interest14.5414.9717.9818.8016.3916.2112.7111.60
Profit before tax60.4096.3413741.7748.7157.4898.9734.92
Tax15.9226.4632.8214.2310.1116.2625.909.85
Net profit44.4869.8810527.5438.6041.2273.0725.07
EPS (₹)0.801.261.890.500.700.751.320.45
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Income statement
Revenue2,4152,0181,8321,459297
Revenue growth+19.6%+10.2%+25.6%+391.3%-
EBITDA35522031023641.99
EBITDA margin+14.7%+10.9%+16.9%+16.2%+14.1%
Profit before tax32824722718135.65
Net profit24518317113625.44
Net profit margin+10.1%+9.1%+9.3%+9.3%+8.6%
EPS (₹)4.423.3412.299.855,088.00
Balance sheet
Total assets1,7491,5161,116729622
Net worth1,025788632466332
Total debt720724479260187
Cash & bank9.1411.538.2114.858.05
Net working capital964741445277287
Cash flow
Cash from operations1761.6081.5711117.39
Cash from investing(84.41)(98.05)(115)(116)(21.85)
Cash from financing(93.71)98.8926.4212.41(23.90)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue480674786491463504662416
Revenue growth (YoY)+3.7%+33.8%+18.7%+18.2%+5.1%---
Other income15.2122.5231.439.609.0563.388.523.36
Total expenses395562638418385460536351
EBITDA85.7811214873.0177.7344.1712764.53
EBITDA margin+17.9%+16.7%+18.8%+14.9%+16.8%+8.8%+19.1%+15.5%
Depreciation23.6422.4022.5421.6420.9821.4621.9720.72
Interest14.5114.9217.9618.7816.3816.2012.6911.58
Profit before tax62.8497.5213942.1949.4269.8910035.59
Tax15.9226.3532.8214.2310.1115.6726.369.91

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 07 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue481676787492464506661416
Revenue growth (YoY)+3.7%+33.5%+19.0%+18.4%+5.1%---
Other income15.1422.3231.389.549.1650.128.533.36
EBITDA83.5311114772.7977.0245.0912564.07
EBITDA margin+17.4%+16.5%+18.6%+14.8%+16.6%+8.9%+18.9%+15.4%
Depreciation23.7322.4522.6321.7621.0821.5222.0820.91
Interest14.5414.9717.9818.8016.3916.2112.7111.60
Profit before tax60.4096.3413741.7748.7157.4898.9734.92
Tax15.9226.4632.8214.2310.1116.2625.909.85
Net profit44.4869.8810527.5438.6041.2273.0725.07
EPS (₹)0.801.261.890.500.700.751.320.45
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Revenue2,4192,0211,8431,468303
Revenue growth+19.7%+9.7%+25.5%+384.2%-
Other income13315113.056.520.06
Total expenses2,0661,8011,5241,224256
Employee cost12512092.6667.9711.85
EBITDA35322031924447.16
EBITDA margin+14.6%+10.9%+17.3%+16.7%+15.6%
Depreciation87.9283.4359.2444.442.43
Interest73.2754.2636.5817.463.99
Profit before tax32423323618940.80
Tax83.6262.9260.0046.9511.76
Net profit24116917614229.26
Net profit margin+10.0%+8.4%+9.6%+9.7%+9.7%
EPS (₹)4.353.0812.7510.2923,232.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Equity & liabilities
Share capital11111127.6427.640.01
Reserves & surplus911678621449308
Shareholders' funds (net worth)1,021789648477336
Minority interest0.000.000.000.000.00
Secured loans38636616180.7128.50
Unsecured loans3343583201790.00
Total debt72072448026028.50
Total liabilities1,7461,5171,133740598
Assets
Gross block1,102994861545466
Net block750717646368304
Capital work in progress25.0046.2917.4071.0917.06
Investments0.000.000.000.560.66
Inventories1,1521,221764643397
Sundry debtors21011090.7684.1156.17
Cash & bank balances9.7614.5721.0426.1814.26
Loans & advances14610338.3231.1920.22
Total current assets1,5181,448914784487
Total current liabilities558707454497224
Net working capital960742460288263
Total assets1,7461,5171,133740598
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Opening cash13.6921.0426.1814.2636.41
Net cash from operating activities1744.3084.3712744.24
Net cash from investing activities(84.76)(110)(116)(127)(49.17)
Net cash from financing activities(93.99)98.6226.1012.43(17.22)
Net change in cash(4.74)(7.35)(5.14)11.92(22.15)
Closing cash9.7614.5721.0426.1814.26
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 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 / equity0.800.840.660.360.08
Long-term debt / equity0.360.460.450.250.03
Interest cover27.6939.8414.088.738.92
Efficiency & per share
Fixed asset turnover2.312.182.622.902.60
Inventory turnover2.042.042.622.823.06
Debtors turnover15.0920.0921.0820.9321.59
EPS (₹)4.353.0812.7510.2923,232.00
Dividend per share (₹)2.002.250.000.000.00
Book value per share (₹)18.4814.2746.9234.5061,648.00
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue480674786491463504662416
Revenue growth (YoY)+3.7%+33.8%+18.7%+18.2%+5.1%---
Other income15.2122.5231.439.609.0563.388.523.36
Total expenses395562638418385460536351
EBITDA85.7811214873.0177.7344.1712764.53
EBITDA margin+17.9%+16.7%+18.8%+14.9%+16.8%+8.8%+19.1%+15.5%
Depreciation23.6422.4022.5421.6420.9821.4621.9720.72
Interest14.5114.9217.9618.7816.3816.2012.6911.58
Profit before tax62.8497.5213942.1949.4269.8910035.59
Tax15.9226.3532.8214.2310.1115.6726.369.91
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Revenue2,4152,0181,8321,459297
Revenue growth+19.6%+10.2%+25.6%+391.3%-
Other income13316412.776.510.06
Total expenses2,0591,7981,5221,222255
Employee cost12311991.5266.4710.74
EBITDA35522031023641.99
EBITDA margin+14.7%+10.9%+16.9%+16.2%+14.1%
Depreciation87.5682.8758.7644.442.43
Interest73.1754.1736.5117.443.97
Profit before tax32824722718135.65
Tax83.5162.7957.4945.0510.21
Net profit24518317113625.44
Net profit margin+10.1%+9.1%+9.3%+9.3%+8.6%
EPS (₹)4.423.3412.299.855,088.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Equity & liabilities
Share capital11111127.6427.640.01
Reserves & surplus914678605438332
Shareholders' funds (net worth)1,025788632466332
Secured loans38636616180.710.00
Unsecured loans334358319179187
Total debt720724479260187
Total liabilities1,7491,5161,116729622
Assets
Gross block1,100992859545303
Net block749716645368303
Capital work in progress25.0046.2917.4071.0917.06
Investments0.430.430.420.961.07
Inventories1,1501,218760643397
Sundry debtors20910990.4884.1156.17
Cash & bank balances9.1411.538.2114.858.05
Loans & advances14910538.1230.0619.49
Total current assets1,5181,444897772480
Total current liabilities553702452495193
Net working capital964741445277287
Total assets1,7491,5161,116729622
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Opening cash10.658.2114.858.0536.41
Net cash from operating activities1761.6081.5711117.39
Net cash from investing activities(84.41)(98.05)(115)(116)(21.85)
Net cash from financing activities(93.71)98.8926.4212.41(23.90)
Net change in cash(2.32)2.44(6.64)6.80(28.36)
Closing cash9.1411.538.2114.858.05
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 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 / equity0.800.850.670.560.56
Long-term debt / equity0.360.460.460.420.43
Interest cover27.3239.4914.549.0810.04
Efficiency & per share
Fixed asset turnover2.312.182.613.440.98
Inventory turnover2.042.042.612.810.75
Debtors turnover15.1820.2320.9820.805.29
EPS (₹)4.423.3412.299.855,088.00
Dividend per share (₹)2.002.250.000.000.00
Book value per share (₹)18.5314.2645.7433.7366,456.00
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Board of Directors of Redtape Limited

Redtape has 8 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Arvind VermaWhole-Time Director08 Dec 20214 Years 9 MonthsCurrent
Shuja MirzaManaging Director08 Dec 20214 Years 9 MonthsCurrent
Rashid Ahmed MirzaWhole-Time Director08 Dec 20214 Years 9 MonthsCurrent
Sanjay BhallaDirector10 Dec 20214 Years 9 MonthsCurrent
Subhash Chander SapraDirector07 Apr 20233 Years 6 MonthsCurrent
SunandaWhole-Time Director01 Aug 20233 Years 2 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Shareholding Pattern of Redtape Limited

Shareholding for the quarter ended Sep 2026: promoters hold 71.80%, foreign institutional investors hold 3.20%, domestic institutional investors hold 11.80% and retail and other public shareholders hold 13.20%.

Promoters: 71.80%DII (Domestic Institutional): 11.80%FII (Foreign Institutional): 3.20%Retail & Others: 13.20%
Sep 2026
QUARTER
71.80% Promoters
11.80% DII (Domestic Institutional)
3.20% FII (Foreign Institutional)
13.20% Retail & Others
Promoter holding - history
Now 71.80% · Sep 2026High 71.80% · Dec 2025Low 71.80% · Dec 2025
70%70.8%71.5%72.3%73%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 71.80%Mar 2026: 71.80%Jun 2026: 71.80%Sep 2026: 71.80%71.80%71.80%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters71.80%71.80%71.80%71.80%
Public28.20%28.20%28.20%28.20%

Charges & Borrowings of Redtape Limited

Open charges
₹955.64 Cr
Satisfied charges
₹44.45 Lakh
Breakdown by lending institutions
Hdfc Bank Limited₹390.64 Cr
Axis Bank Limited₹200.00 Cr
Citi Bank N.A.₹190.00 Cr
Others₹175.00 Cr
Latest charge details
DateLenderAmountStatus
29 Nov 2025Axis Bank Limited₹200 CrOpen
07 Dec 2024Hdfc Bank Limited₹50 CrOpen
01 Apr 2023Hdfc Bank Limited₹8.17 LakhOpen
01 Apr 2023Hdfc Bank Limited₹55.35 LakhOpen
22 Mar 2023Hdfc Bank Limited₹340 CrOpen

Total charge records: 10 View all charges

Deals & Funding of Redtape Limited

Redtape Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹27.65 Cr; the latest was in March 2023.

Total deals
2
Funding rounds
2
Disclosed funding
₹27.65 Cr

Deals on record (1 of 2)

WhenDealAmountParties
Mar 2023Funding round₹27.64 CrInvestors: Others - Redtape Limited, 3 individuals
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Full deal history

All 2 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Associated Brands with Redtape Limited

Redtape operates one associated brand: Red Tape. Each brand links to its own profile.

BrandDescriptionWebsite
Retailer of footwear, apparel, and accessories for men, women, and childrenredtape.com

Employees and EPFO Compliance at Redtape Limited

Redtape Limited has a workforce of 722 employees as of Mar 29, 2024.

Employee count
722
Active EPFO establishments
1
Employee growth
3.74%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Redtape Limited

Redtape has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74101UP2021PLC156659, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L74101UP2021PLC156659Current
U52609UP2021PLC156659Previous
U74101UP2021PLC156659Previous

News related to Redtape Limited

Recent Activity on Redtape Limited

Redtape Limited has 14 board changes on record since 2021: 8 appointments and 6 cessations. The latest: Rashid Ahmed Mirza ceased to be Director on 31 Aug 2023.

Charges
A charge registered on 01 Apr 2023 via Charge ID 100704180 with Hdfc Bank Limited was fully satisfied on 13 May 2026.
Charges
A charge with Citi Bank N.A. of Rs. 190.00 Cr registered on 22 Mar 2023 with Charge ID 100689650 was modified on 13 May 2026.
Charges
A charge with Hdfc Bank Limited of Rs. 340.00 Cr registered on 22 Mar 2023 with Charge ID 100689147 was modified on 17 Jan 2026.
Charges
A charge with Axis Bank Limited amounted to Rs. 200.00 Cr with Charge ID 101194396 was registered on 29 Nov 2025.
AGM
Redtape Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Charges
A charge registered on 01 Apr 2023 via Charge ID 100704152 with Hdfc Bank Limited was fully satisfied on 29 Jul 2025.
Filing
Redtape Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh Ii.
Charges
A charge with Others of Rs. 150.00 Cr registered on 21 Feb 2023 with Charge ID 100689802 was modified on 18 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.00 Cr with Charge ID 101023533 was registered on 07 Dec 2024.
Ceased
Rashid Ahmed Mirza ceased to be Director.
Ceased
. Sunanda ceased to be Additional Director.
Appointed
Sunanda was appointed as Whole-Time Director.

20 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Redtape Limited

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MSME Payment Delays by Redtape Limited

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Subsidiaries & Group Companies of Redtape Limited

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GST Compliance of Redtape Limited

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MCA Filings & Documents of Redtape Limited

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Frequently Asked Questions about Redtape Limited

Redtape is an active public limited company based in Noida, Uttar Pradesh, India. The company works in accounting, within the professional services industry. It was incorporated on 08 December 2021 (5+ years old) and is registered under CIN L74101UP2021PLC156659.

Redtape reported revenue of ₹2,418.77 Cr for FY 2025-26 (up 19.7% YoY) based on consolidated financials.

Redtape has 8 current directors:

The CIN (Corporate Identification Number) of Redtape is L74101UP2021PLC156659. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes, Redtape is a listed company.

Redtape has 10 court cases on record: 6 filed by the company and 4 filed against it. 3 are pending. Most are in the district courts.

Redtape was incorporated on 08 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.

Redtape has 2 deals on record (2 funding rounds), with disclosed funding of ₹27.65 Cr; the latest was in March 2023.

Rashid Ahmed Mirza ceased to be Director on 31 Aug 2023. Sunanda ceased to be Additional Director on 01 Aug 2023. Sunanda was appointed as Whole-Time Director on 01 Aug 2023. Redtape has 14 board changes on record in total.

Redtape can be reached through the website redtape.com. Its registered office is in Noida, Uttar Pradesh, India.

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