REDTAPE
1 call
Concalls & earnings callsRedtape Limited
Every summarised call, newest first. Latest is Q1 FY27, held 11 Aug 2026.
Latest quarter
Q1 FY27 snapshot
Open full brief →RedTape prioritized protecting brand value and margins over chasing e-commerce volume, leading to a mixed quarter with resilient standalone retail growth and record Q1 profit.
| Metric | This quarter | Change | Five-quarter trend |
|---|---|---|---|
| Standalone Revenue | ₹480 Cr | 3.7% | |
| Gross Margin | 47.5% | — | |
| EBITDA Margin | 20.4% | — | |
| PAT | ₹47 Cr | 19.4% |
Latest guidance
- Aspiration to open 150+ stores in FY27.
- Aim for e-commerce channel contribution to return to around 30% of revenue.
- Target to reduce inventory days to 150.
- Hope to continue the same growth story shown over the last 3-4 years.
- Intent to keep EBITDA margins stable at around current levels (~20%).
Said on the Q1 FY27 call.
Filed results
Reported quarterly history
From filed quarterly results. YoY and QoQ compare each metric on the same accounting basis.
| Quarter | Revenue | Net profit (PAT) | Basic EPS |
|---|---|---|---|
| Q3 FY25 | ₹664.57 Cr+7.6% YoY+59.8% QoQ | ₹73.07 Cr+20.1% YoY+191.5% QoQ | ₹5.29+20.2% YoY+192.3% QoQ |
| Q2 FY25 | ₹415.80 Cr+28.1% YoY-5.9% QoQ | ₹25.07 Cr-9.6% YoY-18.2% QoQ | ₹1.81-10% YoY-18.5% QoQ |
| Q1 FY25 | ₹441.89 Cr— YoY-12.8% QoQ | ₹30.64 Cr— YoY-25.2% QoQ | ₹2.22— YoY-25% QoQ |
| Q4 FY24 | ₹506.86 Cr— YoY-17.9% QoQ | ₹40.96 Cr— YoY-32.7% QoQ | ₹2.96— YoY-32.7% QoQ |
| Q3 FY24 | ₹617.57 Cr— YoY+90.2% QoQ | ₹60.82 Cr— YoY+119.3% QoQ | ₹4.40— YoY+118.9% QoQ |
Call history
- Q1 FY27Cautious tone
RedTape prioritized protecting brand value and margins over chasing e-commerce volume, leading to a mixed quarter with resilient standalone retail growth and record Q1 profit.
- Standalone Revenue
- ₹480 Cr3.7%
- Gross Margin
- 47.5%