REDTAPE

Redtape

₹727.15
-2.1 (-0.29%)
23 May, 2024 19:20 BSE: 543957 NSE: REDTAPEISIN: INE0LXT01019

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Redtape Performance

Day Range

  • Low 717
  • High 731
₹ 727

52 Week Range

  • Low 411
  • High 745
₹ 727
  • Open Price729
  • Previous Close729
  • Volume34121

Redtape Share Price

  • Over 1 Month +3.44%
  • Over 3 Month +19.07%
  • Over 6 Month +49.93%
  • Over 1 Year +187.58%

Redtape Key Statistics

P/E Ratio 59.2
PEG Ratio
Market Cap Cr 10,049
Price to Book Ratio 21.1
EPS 9.8
Dividend 0
Relative Strength Index 56.44
Money Flow Index 49.09
MACD Signal 11.78
Average True Range 22.51
Redtape Financials
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 616321392376
Operating Expenses Qtr Cr 513267313319
Operating Profit Qtr Cr 104557957
Depreciation Qtr Cr 16151213
Interest Qtr Cr 10965
Tax Qtr Cr 217177
Net Profit Qtr Cr 60264633
IndicatorMar 2023
Total Revenue Annual Cr 1,465
Operating Expenses Annual Cr 1,222
Operating Profit Annual in Cr 236
Depreciation Cr 44
Interest Annual Cr 17
Tax Annual Cr 45
Net Profit Annual Cr 136
IndicatorMar 2023
Cash from Operating Activity Annual Cr 130
Cash from Investing Activity Annual Cr -136
Cash from Financing Annual Activity Cr 12
Net Cash Flow Annual Cr 7
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 466
Fixed Assets Annual Cr 439
Total Non Current Assets Annual Cr 456
Total Current Assets Annual Cr 771
Total Assets Annual Cr 1,226
IndicatorMar 2023
Book Value Per Share Annual Rs 34
ROE Annual % 29
ROCE Annual % 25
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 17
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 618325394379
Operating Expenses Qtr Cr 513267313319
Operating Profit Qtr Cr 105588160
Depreciation Qtr Cr 16151213
Interest Qtr Cr 10965
Tax Qtr Cr 218177
Net Profit Qtr Cr 61284735
IndicatorMar 2023
Total Revenue Annual Cr 1,475
Operating Expenses Annual Cr 1,224
Operating Profit Annual in Cr 244
Depreciation Cr 44
Interest Annual Cr 17
Tax Annual Cr 47
Net Profit Annual Cr 142
IndicatorMar 2023
Cash from Operating Activity Annual Cr 124
Cash from Investing Activity Annual Cr -147
Cash from Financing Annual Activity Cr 35
Net Cash Flow Annual Cr 12
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 477
Fixed Assets Annual Cr 439
Total Non Current Assets Annual Cr 455
Total Current Assets Annual Cr 783
Total Assets Annual Cr 1,239
IndicatorMar 2023
Book Value Per Share Annual Rs 34
ROE Annual % 30
ROCE Annual % 26
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 17

Redtape Technicals

EMA & SMA

Current Price
₹727.15
-2.1 (-0.29%)
pointer
  • Bullish Moving Average
  • ___
  • 12
  • Bearish Moving Average
  • ___
  • 2
  • 20 Day
  • ₹720.15
  • 50 Day
  • ₹690.33
  • 100 Day
  • ₹643.59
  • 200 Day
  • 20 Day
  • ₹724.37
  • 50 Day
  • ₹684.90
  • 100 Day
  • ₹635.44
  • 200 Day

Redtape Resistance and Support

PIVOT
₹724.87
Resistance
First Resistance 732.88
Second Resistance 738.62
Third Resistance 746.63
RSI 56.44
MFI 49.09
MACD Single Line 11.78
MACD 9.97
Support
First Support 719.13
Second Support 711.12
Third Supoort 705.38

Redtape Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 38,626 2,631,976 68.14
Week 50,257 2,992,302 59.54
1 Month 66,607 3,839,902 57.65
6 Month 179,841 9,907,418 55.09

Redtape Result Highlights

Redtape Synopsis

NSE-Apparel-Shoes & Rel Mfg

Redtape L belongs to the Industry of Leather/Synthetic Products. Company’s Total Operating Revenue is Rs. 1458.82 Cr. and Equity Capital is Rs. 27.65 Cr. for the Year ended 31/03/2023. Redtape Ltd. is a Public Limited Listed company incorporated on 08/12/2021 and has its registered office in the State of Uttar Pradesh, India. Company’s Corporate Identification Number(CIN) is U74101UP2021PLC156659 and registration number is 156659.
Market Cap 10,047
Sales 1,706
Shares in Float 3.87
No of funds 69
Yield
Book Value 21.63
U/D Vol ratio 1.2
LTDebt / Equity 7
Alpha 0.11
Beta 1.06

Redtape Shareholding Pattern

Owner NameMar-24Dec-23Sep-23
Promoters 71.76%71.76%71.76%
Mutual Funds 7.79%7.15%6.3%
Foreign Portfolio Investors 3.1%2.74%2.22%
Financial Institutions/ Banks
Individual Investors 12.96%13.77%14.74%
Others 4.39%4.58%4.98%

Redtape Management

Name Designation
Mr. Rashid Ahmed Mirza Chairman
Mr. Shuja Mirza Managing Director
Mr. Arvind Verma Whole Time Director
Ms. Sunanda Singh Whole Time Director
Dr. Yashvir Singh Independent Director
Mr. Subhash Sapra Independent Director
Dr. Rajshree Saxena Independent Director
Mr. Sanjay Bhalla Independent Director

Redtape Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Redtape Corporate Action

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

Redtape FAQs

What is Share Price of Redtape ?

Redtape share price is ₹727 As on 23 May, 2024 | 19:06

What is the Market Cap of Redtape ?

The Market Cap of Redtape is ₹10049.4 Cr As on 23 May, 2024 | 19:06

What is the P/E ratio of Redtape ?

The P/E ratio of Redtape is 59.2 As on 23 May, 2024 | 19:06

What is the PB ratio of Redtape ?

The PB ratio of Redtape is 21.1 As on 23 May, 2024 | 19:06

Q2FY23
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