Redtape Q4 Results: Footwear maker sees 33% revenue growth, margin expands; Stock surges 14%

Redtape Q4 Results: Footwear maker sees 33% revenue growth, margin expands; Stock surges 14%


Shares of Redtape Ltd. gained as much as 17% on Tuesday, May 26, after the footwear and apparel company reported a sharp rise in March quarter profits, driven by strong revenue growth and margin expansion. The company also recommended a final dividend of ₹2 per equity share for FY26.

During the March quarter, Redtape reported a 70% growth in its consolidated net profit to ₹70 crore from ₹41.2 crore in the year-ago quarter. The consolidated revenue rose 33.5% year-on-year to ₹675.5 crore from ₹506 crore.

Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) more than doubled, standing at ₹111.4 crore for the quarter, compared with ₹45.1 crore a year ago, while EBITDA margin expanded to 16.5% from 9%.

The company’s profit before tax increased to ₹96.3 crore from ₹57.5 crore in the corresponding quarter last year.Also read: Marksans Pharma Q4 Results: Stock jumps 12% after profit surges, margin expands

For FY26, consolidated revenue from operations rose to ₹2,418.8 crore from ₹2,020.9 crore in FY25, while annual net profit increased to ₹246.4 crore from ₹168.5 crore a year ago.

The board recommended a final dividend of ₹2 per equity share for FY26. The company has fixed July 31, 2026, as the record date for determining shareholder eligibility for the dividend, subject to approval at the upcoming annual general meeting.

Redtape said Income Tax authorities had conducted search operations at certain company premises and residences of some directors and employees in September 2025. The company stated that no written communication regarding the outcome of the search has been received so far, and management does not expect any material adverse impact on its financial position.

Separately, the company redesignated Shashank Kumar as Vice-President (Administration), elevating him to the senior management personnel team.

Shares of RedTape are now trading 16.6% higher at ₹155.29. The stock is up 25% so far this year.



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