Redtape Limited (REDTAPE) Fair Value & Analysis
Consumer Cyclical · IN · Market cap ₹76.9B
Fair value as of: Aug 18, 2026
From 26 valuation models · updated today
Share price −7.9% over the past month.
A solid business, but screening 41% overvalued on our models.
What matters now
- The model range is unusually wide (₹39.78 to ₹172.40). The outcome hinges heavily on assumptions, so read the point estimate with caution.
- Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder.
Price vs Fair Value (3 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 18, 2026.
How to read this chart
36‑month range ₹103.02 – ₹237.22 · fair‑value band ₹39.78 – ₹172.40 · the ₹121.66 price screens above the ₹71.62 fair value. Dashed = 300-day average. As of Aug 18, 2026.
Analysis
Redtape Limited (REDTAPE) currently trades at ₹121.66, while our model-based Fair Value estimate is ₹71.62, implying the stock looks roughly 41.1% overvalued today. The Quality Score stands at 60/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).
Over the trailing twelve months, Redtape Limited generated revenue of ₹24.2B at a net margin of 10.0%. Revenue grew 35.5% year over year. It earns a return on equity of 26.6%. Net debt stands at ₹7.1B. Fundamentals as of Aug 18, 2026
Our scenario range runs from ₹39.78 (bear case) to ₹172.40 (bull case); at ₹121.66, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 26% below its 52-week high and 13% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 10% fair-value upside, at -41%, REDTAPE screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 26 models by family
Widest divergence: Growth Earnings (₹202.17) versus Dividend Discount (₹4.02). Highest evidence: Growth DCF (80).
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Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 18, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 57 · Market factors (momentum, volatility) 47
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
REDTAPE Limited manufactures and sells footwear and clothing for men, women, and kids in India and internationally. It offers footwear, such as boots, casual and formal shoes, sandals/slippers, sliders/flip flops, and sports shoes; topwear, including jackets, shirts, sweaters, sweat shirts/hoodies, and T-shirts; bottomwear, such as jeans, trousers, shorts, …
Full company description
REDTAPE Limited manufactures and sells footwear and clothing for men, women, and kids in India and internationally. It offers footwear, such as boots, casual and formal shoes, sandals/slippers, sliders/flip flops, and sports shoes; topwear, including jackets, shirts, sweaters, sweat shirts/hoodies, and T-shirts; bottomwear, such as jeans, trousers, shorts, jeggings, and pants; and sports wear comprising active T-shirts and shorts, as well as innerwear comprising briefs. The company also provides accessories, including wallets, socks, handkerchiefs, caps, belts, and backpacks. It operates through retail and online networks, including exclusive brand outlets, major retail partners, and e-commerce platforms. The company offers its products under the RedTape, RedTape Athleisure, MODE by RedTape, and BOND STREET by RedTape brands. It also exports its products. REDTAPE Limited was founded in 1996 and is based in Noida, India.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2022 – FY2026 · reported fiscal years
Redtape Limited reported revenue of ₹24.2B in FY2026 versus ₹3.0B in FY2022, a compound +68.1%/yr. Reported net income was ₹2.4B in FY2026, compounding +69.6%/yr from FY2022.
REDTAPE screens 41% overvalued. Compare with NIKE, Inc →
Peer Group
Footwear & Accessories · 94 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Footwear & Accessories median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
VALUE 0: the price sits above our fair-value range.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Footwear & Accessories stocks, each showing price versus our Fair Value estimate (as of Aug 18, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| NIKE, Inc NKE | $40.51 | $35.63 | -12% |
| adidas AG 1ADS | €158.15 | €65.71 | -58% |
| Deckers Outdoor Corporation DECK | $93.84 | $125.16 | +33% |
| On Holding ONON | $30.91 | $17.53 | -43% |
| Zhejiang China Commodities City Group 600415 | ¥11.81 | ¥13.03 | +10% |
| Birkenstock Holding BIRK | $36.74 | $44.59 | +21% |
| Crocs, Inc CROX | $130.61 | $203.65 | +56% |
| Huali Industrial Group 300979 | ¥36.73 | ¥51.36 | +40% |
| PUMA SE PUM | €26.69 | €10.57 | -60% |
| Yue Yuen Industrial (Holdings) Limited 0551 | HK$13.64 | HK$4.04 | -70% |
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Frequently asked questions
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
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