Redtape Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
RedTape reported Q1 FY27 standalone revenue of INR480 crores, up 3.7% year-on-year, with gross margin at 47.5%, EBITDA margin at 20.4% and PAT of INR47 crores, up 19.4% year-on-year and the company's highest ever Q1 profit. Management attributed the profit growth to cost efficiencies across sourcing, supply chain and retail operations, while e-commerce revenue declined as the company chose not to match marketplace discounting. The company also opened 33 new stores in the quarter and acquired rights to the Sprandi sportswear brand for India and several neighboring markets.
RedTape reported Q4 FY26 revenue of INR674 crores with a gross margin of 43.4% and EBITDA margin of 19.4%, and standalone PAT of INR71 crores. For the full year, revenue grew 19.6% to INR2,415 crores, EBITDA margin expanded from 17.5% to 19%, and standalone PAT rose 32.4% to INR244 crores. Management discussed segment performance across footwear, apparel and accessories, store network expansion, inventory days, and plans to add 200 to 250 stores in the coming year.