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India's trusted leading Fashion & Lifestyle brand with over 390+ opulent stores across PAN India. RedTape is known for emerging as one of the Finest Brands of Footwear and Clothing for Men, Women and Kids. It has emerged as a complete Family Fashion Destination by providing the Best International Styles and World-Class Quality through Shoes, Apparels and Accessories for all age groups.It was demerged from Mirza…
RedTape delivered its highest-ever Q1 profit, with PAT at ₹47 Cr (+19.4% YoY) and Revenue at ₹480 Cr. Growth was driven by healthy India retail, the Sprandi acquisition, and disciplined e-commerce, protecting profitability.
RedTape reported strong FY26 results: revenue up 19.6% to 2,415 Cr, EBITDA up 26.8% to 483 Cr, and PAT up 32.4% to 244 Cr. The company expanded stores, diversified products, and implemented SAP S/4HANA. A `2/share dividend was proposed. An income tax search occurred.
REDTAPE's AGM proposes a ₹2/share dividend for FY26. Shareholders will vote on re-appointing MD Shuja Mirza (up to 12 Cr annual pay + 0.24 Cr medical) and Chairman Rashid Ahmed Mirza to continue beyond 70. Cost auditor's 0.04 Cr remuneration is also on the agenda.
RedTape announced strong Q4 & FY26 results with FY26 revenue at 2,415 Cr and PAT at 244 Cr, driven by expanded margins. The company plans aggressive retail expansion, category diversification, and new product launches, capitalizing on India's growth trends.
REDTAPE acquired the international sports footwear brand SPRANDI for India, Nepal, Bhutan, & Sri Lanka. SPRANDI has strong global sales, and REDTAPE plans a swift launch in India via online and retail channels.