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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
RedTape Limited is an India-based company, which operates as a fashion and lifestyle brand. The Company is engaged in the business of retailing, marketing, design and development of sports and fashion footwear, garments, apparel and other accessories. The Company offers a…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, steadily growing business, reasonably priced.
Redtape is scored on the consumer / fmcg framework. It keeps a slim 9.4% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT 0.72×) — worth a closer look. Free cash flow is worth about 1.5% of its market value.
Over the last 3 years revenue compounded at 20%/yr and profit at 19%/yr. Book value itself has compounded 29%/yr — the hallmark of a genuine compounder. Return on equity is an elite 25.8%. In the latest quarter profit fell 36% versus the prior quarter.
At 24× earnings, the stock sits at the 22nd percentile of its own 3.3-year range — the cheap end of where it has historically traded. Today's price implies ~11%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 23.19 | 14.7 | worse |
| P/B | 5.97 | 2.86 | worse |
| EV/EBITDA | 13.55 | — | — |
| ROE | 25.76 | 72.18 | worse |
| ROCE | 22.28 | 63.14 | worse |
| ROA | 10.47 | — | — |
| Quick Ratio | 0.38 | 2.1 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Avenue Supermarts | 71.7 | 8.6 | 11.9% |
| Trent | 85.9 | 21.1 | 24.4% |
| Vishal Mega Mart | 49.0 | 5.6 | 11.4% |
Revenue has grown every year across all 4 financial years shown. 20% CAGR over 3 years — high-growth territory.
The latest year saw a +42% swing — check if it's a one-off or structural.
Operating margins have been stable around 13% — no major structural shift. Margins have declined for 2 consecutive years — watch for a structural cost problem.
ROE at 24% — the business earns well above its cost of equity. Capital efficiency declining — ROE down 6pp.
Profit grew faster than EPS (19% vs -25%) — share dilution is eroding per-share value. -25% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 29% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (39% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate fading — recent quarters 10% below earlier ones.
Profit fell 36% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly net margins are expanding (5% → 9%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.3y median.
Promoters hold 71.8% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.