Redtape Ltd (REDTAPE) Share Price & Fundamentals

What we do

Redtape Ltd designs, manufactures, and markets leather footwear, sports shoes, garments, and accessories, focusing on premium and lifestyle products across India and international markets.

Founded in

2,021

Market share

A leading footwear and lifestyle brand in India with 513 stores across 20 states, rapidly expanding retail and online presence.

Problem solved

Providing high-quality, stylish, and affordable footwear and apparel that meet diverse consumer needs in both urban and emerging markets.

Top clients or who we serve

B2C consumers across India; premium and lifestyle footwear customers, including apparel and accessories segments.

Key management

Mr. Rashid Ahmed Mirza (Chairman), Mr. Shuja Mirza (Managing Director), Mr. Arvind Verma (Whole-Time Director)

Our journey and innovations

Started in 2021, acquired branded business from Mirza International Ltd, launched rugged outdoor brand Ozark in 2025, expanded retail footprint and e-commerce.

Where we operate

Primarily India with stores in 20 states and 3 union territories; subsidiaries in Bangladesh, UK, China, Hong Kong; presence in UAE and other countries.

Top products or what we offer

Leather footwear, sports shoes, apparel, accessories; flagship sub-brands Ozark, Mode, Bond Street, and Sunnies.

Top brands

Redtape #1 brand, Ozark (rugged outdoors), Mode (apparel), Bond Street, Sunnies; 513 exclusive stores, pan-India reach, strong e-commerce presence.

Raw materials needed

Leather, synthetic materials, textiles, footwear components, packaging materials.

Raw materials supplier

Various trusted vendors with over 250 vendor partnerships, including specialized footwear and apparel suppliers.

Recurring vs cyclical contribution

Revenue is mostly recurring from retail sales, complemented by seasonal trends in fashion and lifestyle segments.

Our industry position

Among top footwear brands in India by revenue; rapidly growing in lifestyle apparel and outdoor segments with expanding retail footprint.

Financial highlights

FY25 consolidated revenue ₹2,029 Cr, PAT ₹170 Cr; steady 12-20% revenue growth; robust margins with EBITDA ~17%; paid-up capital ₹110 Cr.

Geographical revenue split

Majority revenue from India (~₹1,461 Cr), small international sales (~₹13 Cr); growing presence internationally through subsidiaries.

Order book

-

Whats driving growth

Retail expansion in tier 2 and 3 cities, e-commerce growth, new product launches like Ozark, operational efficiencies, and brand diversification.

Our future plans

Scale Ozark outdoors, expand apparel and accessories portfolio, deepen pan-India retail presence, enhance digital and social media engagement.

Our green promise

Implemented energy conservation, tree plantation, sewage treatment plant at manufacturing units; promotes sustainability and heritage protection programs.

Our people and values

Strong culture fostering inclusion and safety; promotes employee well-being and skill development; zero tolerance on harassment and strong CSR initiatives.

Key challenges ahead

Navigating post-pandemic retail dynamics, raw material price volatility, scaling omni-channel distribution, and increasing competition from global brands.

Interesting facts

Bonus shares issued at 3:1 ratio in 2025; active heritage adoption and conservation programs; expanded from footwear to lifestyle brand quickly.

Risks and strategy

Risks include market competition and supply chain disruptions; strategy focuses on innovation, vendor partnerships, brand strengthening, and expanding retail reach.