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REDTAPE

Redtape

₹766.9
-17.5 (-2.23%)
01 July, 2024 07:20 BSE: 543957 NSE: REDTAPEISIN: INE0LXT01019

Start SIP in Redtape

Start SIP

Redtape Performance

Day Range

  • Low 760
  • High 801
₹ 766

52 Week Range

  • Low 411
  • High 810
₹ 766
  • Open Price791
  • Previous Close784
  • Volume167686

Redtape Share Price

  • Over 1 Month +5.26%
  • Over 3 Month +16.56%
  • Over 6 Month +63.17%
  • Over 1 Year +203.3%

Redtape Key Statistics

P/E Ratio 60.1
PEG Ratio 2.5
Market Cap Cr 10,599
Price to Book Ratio 16.3
EPS 12.3
Dividend 0
Relative Strength Index 53.4
Money Flow Index 71.75
MACD Signal 13.8
Average True Range 32.19
Redtape Financials
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 502616321392376
Operating Expenses Qtr Cr 431513267313319
Operating Profit Qtr Cr 71104557957
Depreciation Qtr Cr 1516151213
Interest Qtr Cr 1010965
Tax Qtr Cr 12217177
Net Profit Qtr Cr 3960264633
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 1,8451,465
Operating Expenses Annual Cr 1,5261,222
Operating Profit Annual in Cr 306236
Depreciation Cr 5944
Interest Annual Cr 3217
Tax Annual Cr 5745
Net Profit Annual Cr 170136
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 82130
Cash from Investing Activity Annual Cr -115-136
Cash from Financing Annual Activity Cr 2612
Net Cash Flow Annual Cr 7
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 632466
Fixed Assets Annual Cr 361439
Total Non Current Assets Annual Cr 673456
Total Current Assets Annual Cr 897771
Total Assets Annual Cr 1,5691,226
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 4634
ROE Annual % 2729
ROCE Annual % 2725
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1717
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 507618325394379
Operating Expenses Qtr Cr 432513267313319
Operating Profit Qtr Cr 75105588160
Depreciation Qtr Cr 1516151213
Interest Qtr Cr 1010965
Tax Qtr Cr 13218177
Net Profit Qtr Cr 4161284735
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 1,8561,475
Operating Expenses Annual Cr 1,5281,224
Operating Profit Annual in Cr 315244
Depreciation Cr 5944
Interest Annual Cr 3317
Tax Annual Cr 6047
Net Profit Annual Cr 176142
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 84124
Cash from Investing Activity Annual Cr -116-147
Cash from Financing Annual Activity Cr 2635
Net Cash Flow Annual Cr 12
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 648477
Fixed Assets Annual Cr 362439
Total Non Current Assets Annual Cr 674455
Total Current Assets Annual Cr 914783
Total Assets Annual Cr 1,5881,239
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 4734
ROE Annual % 2730
ROCE Annual % 2826
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1817

Redtape Technicals

EMA & SMA

Current Price
₹766.9
-17.5 (-2.23%)
pointer
  • Bullish Moving Average
  • ___
  • 11
  • Bearish Moving Average
  • ___
  • 5
  • 20 Day
  • ₹764.10
  • 50 Day
  • ₹735.60
  • 100 Day
  • ₹689.15
  • 200 Day
  • ₹598.52
  • 20 Day
  • ₹765.44
  • 50 Day
  • ₹739.38
  • 100 Day
  • ₹687.28
  • 200 Day
  • ₹592.18

Redtape Resistance and Support

PIVOT
₹776.04
Resistance
First Resistance 791.82
Second Resistance 816.73
Third Resistance 832.52
RSI 53.40
MFI 71.75
MACD Single Line 13.80
MACD 12.65
Support
First Support 751.12
Second Support 735.33
Third Supoort 710.42

Redtape Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 175,924 10,849,233 61.67
Week 187,024 13,591,034 72.67
1 Month 182,518 10,688,235 58.56
6 Month 174,424 9,650,891 55.33

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 10,599
Sales 1,832
Shares in Float 3.87
No of funds 69
Yield
Book Value 16.77
U/D Vol ratio 1.4
LTDebt / Equity 4
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 ₹766 As on 01 July, 2024 | 07:06

What is the Market Cap of Redtape ?

The Market Cap of Redtape is ₹10598.7 Cr As on 01 July, 2024 | 07:06

What is the P/E ratio of Redtape ?

The P/E ratio of Redtape is 60.1 As on 01 July, 2024 | 07:06

What is the PB ratio of Redtape ?

The PB ratio of Redtape is 16.3 As on 01 July, 2024 | 07:06

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