Redtape Limited Posts Rs. 170.24 Crore Profit in FY25
By Ankur Chandra | Updated at: May 31, 2025 10:46 PM IST
Footwear and apparel brand Redtape Ltd has reported strong financial performance for the year ended March 31, 2025, with consolidated net profit at ₹17,024 lakh on a steady performance against headwinds in the sector.
Key Financial Highlights (₹ in Lakh)
| Particulars | Q4 FY25 | Q3 FY25 | Q4 FY24 | FY25 | FY24 |
|---|---|---|---|---|---|
| Revenue from Operations | 50,524 | 66,105 | 50,686 | 202,018 | 184,859 |
| Total Expenses | 46,150 | 57,061 | 45,754 | 181,905 | 161,973 |
| Profit Before Tax | 5,770 | 9,897 | 5,428 | 23,313 | 23,624 |
| Net Profit After Tax | 4,147 | 7,307 | 4,096 | 17,024 | 17,624 |
| EPS (₹) | 0.75 | 1.32 | 0.71 | 3.08 | 3.19 |
Segment-Wise Performance
Redtape continues to operate as a single-segment entity focused on branded footwear and apparel, which remains its core revenue stream. The company reported:
- A YoY revenue growth of 9.3% to ₹202,018 lakh in FY25.
- Net profit remained nearly flat, slightly down from ₹17,624 lakh in FY24 to ₹17,024 lakh in FY25.
- Inventory levels increased substantially to ₹1,22,080 lakh as of March 2025, from ₹76,417 lakh in March 2024.
Dividend Announcement
The Board has proposed a final dividend of ₹0.25 per share for FY 25. This is over the ₹2.00 interim dividend already paid. The total dividend for FY25 so far is ₹2.25 per share. The final date of registration for the final dividend is determined as at August 1, 2025.
Balance Sheet Position (as of March 31, 2025)
| Particulars | FY25 | FY24 |
|---|---|---|
| Total Assets | ₹2,22,421 | ₹1,58,837 |
| Net Worth | ₹78,884 | ₹64,843 |
| Total Borrowings | ₹36,593 | ₹16,056 |
| Cash & Equivalents | ₹1,369 | ₹2,104 |
Management Commentary
Shuja Mirza, Managing Director, commented, “While Q4 witnessed inventory and cost pressures, Redtape has yet again delivered robust topline growth in FY25 and stable margins. We continue to expand our global footprint, with strong brand presence and customer reach via our subsidiaries.
Strategic Outlook
Redtape is also expected to remain focussed on growing its domestic and international footprint through offline retail and e-commerce. Strategic investments in inventory and infrastructure put the company in a good place to take full advantage of demand across geographies.
With its bonus issue of 3:1 earlier in FY25 and a steady dividend payout, Redtape also reinforced shareholder confidence. The audit reports from Ashwani & Associates carried an unmodified opinion, reaffirming financial transparency and compliance.
About Redtape Limited:
Redtape Limited, based in Noida, is an active player in the branded footware and apparel industry with its presence present in India as well as international market, with its office in Bangladesh, Hong Kong, London and Quanzhou.
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