REDTAPE:NSE:NSE-Redtape Limited (INR)

COMMON STOCK | Footwear & Accessories |

Last Closing

USD 826.35

Change

-52.40 (-5.96)%

Market Cap

USD 120.11B

Volume

0.17M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

REDTAPE Limited manufactures and sells footwear and clothing for men, women, and kids in India and internationally. It offers footwear, such as boots, sliders, casual and formal shoes, sandals, slippers, flip flops, classics range, and sports shoes; topwear, including jackets, shirts, sweaters, sweat shirts, hoodies, T-shirts, kurtas, top/tunics, and dress/jumpsuits; bottomwear, such as jeans, trousers, shorts, jeggings, pants, bottoms, trackpants, and joggers; and sports wear comprising active T-shirts, shorts, tights/leggings, and trackpants/joggers; as well as innerwear comprising briefs and trunks. The company also provides accessories, including bags, caps, belts, socks, wallets, handkerchiefs, and shoe care products, as well as gift cards. It operates through retail stores and online channels. 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.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-11-14 )

Largest Industry Peers for Footwear & Accessories

Symbol Name Price(Change) Market Cap
RELAXO:NSE Relaxo Footwears Limited

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USD 192.16B
BATAINDIA:NSE Bata India Limited

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SAFARI:NSE Safari Industries (India) Limi..

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CAMPUS:NSE Campus Activewear Limited

-5.30 (-1.89%)

USD 86.01B
VIPIND:NSE VIP Industries Limited

+4.65 (+1.01%)

USD 67.95B
LIBERTSHOE:NSE Liberty Shoes Limited

-13.30 (-2.68%)

USD 8.91B
BIL:NSE Bhartiya International Limited

+34.40 (+5.00%)

USD 8.83B
KHADIM:NSE Khadim India Limited

-3.25 (-0.87%)

USD 6.94B
SREEL:NSE Sreeleathers Limited

+7.10 (+3.05%)

USD 5.96B
MIRZAINT:NSE Mirza International Limited

+0.10 (+0.26%)

USD 5.73B

ETFs Containing REDTAPE:NSE

N/A

Market Performance

  Market Performance vs. Industry/Classification (Footwear & Accessories) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 71.26% 86% B+ 88% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 71.26% 86% B+ 87% B+
Trailing 12 Months  
Capital Gain 77.10% 93% A 84% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 77.10% 93% A 84% B
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 11.24% 29% F 19% F
Dividend Return 11.24% 29% F 19% F
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 25.14% 86% B+ 84% B
Risk Adjusted Return 44.72% 43% F 25% F
Market Capitalization 120.11B 86% B+ 77% C+

Annual Financials (INR)

Quarterly Financials (INR)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector