Redtape earnings calls.
Other · 1 quarter tracked · source-linked performance, management guidance and promise context.
Latest revenue
₹676 Cr
verified financial record
Quarters tracked
1
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Unscored
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Call date
Pending
latest available source date
Signal trajectory
1 actual quarterCurrent read
Unscored
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Latest source read
What changed this quarter?
RedTape delivered a 32.4% PAT growth to ₹244 crore and 19.6% revenue growth to ₹2,415 crore for FY26, with EBITDA margins expanding 150bps to 19%—demonstrating structural margin improvement rather than episodic gains. The Q4 performance was particularly strong with 17.8% SSSG driven by GST reduction tailwinds, wedding season demand, and new range launches. Footwear remains the anchor at ₹1,535 crore (63.5% of revenue), while apparel contributed ₹805 crore (34%) and accessories ₹75 crore (3%), with accessories growing fastest. The company operates 223 exclusive showrooms across 161 cities with plans to add 200-250 stores in FY27 focusing on South and West India. Channel mix is 70% retail, 30% online (marketplace model). Inventory days improved from 250 to 170 toward a target of 120-150 days. Gross margin compression in e-commerce was an accounting artifact from platform rebate changes; net impact was nil. Key risk: raw material inflation pressure post-September 2026 and intense competition from both domestic and global brands despite RedTape being the #2 footwear brand on Flipkart/Myntra.
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Signal
Positive
Revenue
₹676 Cr
Source date
Pending
Across the record
Quarter history.
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