Redtape Share Price

Name: Redtape
Brand: Redtape

Retail Mid Cap

₹917.₁₅ -4.95 (-0.54%)

05 Nov, 2024 17:31

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Performance

Low
₹910

High
₹932

52 Week Low
₹437

52 Week High
₹980

Open Price₹913
Previous Close₹922
Volume70,033

Investment Returns

Over 1 Month + 14.12%
Over 3 Month + 29.54%
Over 6 Month + 24.31%
Over 1 Year + 70.41%

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Redtape Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

P/E Ratio
79.1

PEG Ratio
-198.3

Market Cap Cr
12,675

P/B Ratio
19.5

Average True Range
45.36

EPS
12.3

Dividend Yield
0

MACD Signal
40.28

RSI
57.82

MFI
38.27

Standalone Consolidated

Indicator	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Net Sales/Income from operations	440.61	502.38	616.32	321.43	391.74
Total Income From Operations	440.61	502.38	616.32	321.43	391.74
P/L Before Interest, Excpt. Items & Tax	51.76	60.72	90.87	42.25	68.61
P/L Before Exceptional Items & Tax	41.36	50.76	81.04	32.94	62.46
P/L After Tax from Ordinary Activities	30.51	38.54	60.11	25.64	45.52
Net Profit/Loss For the Period	30.51	38.54	60.11	25.64	45.52

Indicator	Mar 24	Mar 23
Revenue From Operations [Gross]	1,831.81	1,458.71
Revenue From Operations [Net]	1,831.81	1,458.71
Total Operating Revenues	1,831.87	1,458.82
Total Revenue	1,844.64	1,465.33
Total Expenses	1,617.35	1,284.21
Profit/Loss Before Tax	227.29	181.12
Profit/Loss For The Period	169.80	136.07

Indicator	Mar 24	Mar 23
Net CashFlow - Operating Activity	81.57	130.23
Net Cash Used In Investing Activity	-114.63	-135.84
Net Cash Used in Finance Activity	26.42	12.42
Net Inc/Dec In Cash And Equivalent	-6.64	6.81
Cash And Equivalent End Of Year	8.21	14.85

Indicator	Mar 24	Mar 23
Total Share Capital	27.64	27.65
Total Non-Current Liabilities	320.92	318.23
Total Current Liabilities	616.33	441.96
Total Capital And Liabilities	1,569.42	1,226.31
Total Non-Current Assets	672.63	455.52
Total Current Assets	896.79	770.79
Total Assets	1,569.42	1,226.31

Indicator	2024	2023
EBIT Margin (%)	14.17	13.61
Return On Capital Employed (%)	27.25	25.31
Return On Equity (%)	26.85	29.19
Long Term Debt To Equity (%)	3.94	6.58
Book Value/Share (INR)	45.74	33.72

Indicator	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Net Sales/Income from operations	441.89	506.86	617.57	324.71	393.79
Total Income From Operations	441.89	506.86	617.57	324.71	393.79
P/L Before Interest, Excpt. Items & Tax	51.97	64.28	91.85	45.11	70.25
P/L Before Exceptional Items & Tax	41.55	54.28	82.00	35.80	64.08
P/L After Tax from Ordinary Activities	30.64	40.96	60.82	27.74	46.64
Net Profit/Loss For the Period	30.64	40.96	60.82	27.74	46.64

Indicator	Mar 24	Mar 23
Revenue From Operations [Gross]	1,831.96	1,468.20
Revenue From Operations [Net]	1,831.96	1,468.20
Total Operating Revenues	1,842.92	1,468.31
Total Revenue	1,855.97	1,474.83
Total Expenses	1,619.73	1,285.73
Profit/Loss Before Tax	236.24	189.10
Profit/Loss For The Period	176.24	142.15

Indicator	Mar 24	Mar 23
Net CashFlow - Operating Activity	84.37	124.19
Net Cash Used In Investing Activity	-115.61	-147.01
Net Cash Used in Finance Activity	26.10	34.74
Net Inc/Dec In Cash And Equivalent	-5.14	11.92
Cash And Equivalent End Of Year	21.04	26.18

Indicator	Mar 24	Mar 23
Total Share Capital	27.64	27.65
Total Non-Current Liabilities	321.65	318.24
Total Current Liabilities	618.29	443.73
Total Capital And Liabilities	1,588.37	1,238.73
Total Non-Current Assets	674.08	455.48
Total Current Assets	914.29	783.25
Total Assets	1,588.37	1,238.73

Indicator	2024	2023
EBIT Margin (%)	14.58	14.06
Return On Capital Employed (%)	27.70	25.98
Return On Equity (%)	27.17	29.81
Long Term Debt To Equity (%)	3.84	6.44
Book Value/Share (INR)	46.92	34.49

Redtape Technicals

EMA & SMA

Current Price

₹917.₁₅

-4.95 (-0.54%)

Bullish Moving Average 14

Bearish Moving Average 2

EMA SMA

20 Day
₹887.81

50 Day
₹824.57

100 Day
₹775.28

200 Day
₹702.20

Resistance and Support

932.85

R3 992.20
R2 976.00
R1 949.05

S1 905.90
S2 889.70
S3 862.75

Is Redtape Worth Buying?

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Red Tape is a prominent footwear and lifestyle brand in India, known for its stylish and comfortable shoes, bags, and accessories. Offering a blend of quality and affordability, Red Tape caters to diverse consumer needs in the fashion market. Redtape Ltd has an operating revenue of Rs. 1,891.03 Cr. on a trailing 12-month basis. An annual revenue growth of 26% is outstanding, Pre-tax margin of 13% is healthy, ROE of 27% is exceptional. The company has a reasonable debt to equity of 4%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 23% and 36% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 21% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 19 which is a POOR score indicating inconsistency in earnings, a RS Rating of 78 which is FAIR indicating the recent price performance, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 111 indicates it belongs to a poor industry group of Apparel-Shoes & Rel Mfg and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment. Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation. (+)

Redtape Corporate Actions - Bonus, Splits, Dividends

Board

Date	Purpose	Remarks
2024-08-14	Quarterly Results
2024-05-29	Audited Results	(Revised)
2024-01-24	Quarterly Results
2023-11-09	Quarterly Results

Redtape F&O

Redtape Shareholding Pattern

Sep 24
Jun 24
Mar 24
Dec 23

Promoters
Mutual Funds
Foreign Portfolio Investors
Financial Institutions/ Banks
Individual Investors
Others

Promoters

71.8%

Mutual Funds

10.18%

Foreign Portfolio Investors

3.3%

Financial Institutions/ Banks

Individual Investors

10.97%

Others

3.75%

NSE Symbol
REDTAPE

BSE Symbol
543957

Managing Director
Mr. Shuja Mirza

ISIN
INE0LXT01019

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Redtape Share Price

₹917.₁₅ -4.95 (-0.54%)

Performance

Investment Returns

Smart Investing Starts Here Start SIP with Redtape for Steady Growth!

Redtape Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

Redtape Financial

Redtape Technicals

EMA & SMA

Resistance and Support

Is Redtape Worth Buying?

Ratings

Redtape Corporate Actions - Bonus, Splits, Dividends

Redtape F&O

Redtape Shareholding Pattern

Redtape FAQs

What is Share Price of Redtape ?

What is the Market Cap of Redtape ?

What is the P/E ratio of Redtape ?

What is the PB ratio of Redtape ?

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Redtape Share Price

₹917.15 -4.95 (-0.54%)

Performance

Investment Returns

Smart Investing Starts Here Start SIP with Redtape for Steady Growth!

Redtape Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

Redtape Financial

Redtape Technicals

EMA & SMA

Resistance and Support

Is Redtape Worth Buying?

Ratings

Redtape Corporate Actions - Bonus, Splits, Dividends

Redtape F&O

Redtape Shareholding Pattern

Redtape FAQs

What is Share Price of Redtape ?

What is the Market Cap of Redtape ?

What is the P/E ratio of Redtape ?

What is the PB ratio of Redtape ?

Start Investing in 5* minutes

₹917.₁₅ -4.95 (-0.54%)