Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Redtape Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 379 | 395 | 325 | 618 | 507 | 442 | 416 | 661 | 506 | 464 | 492 | 787 | 676 |
| Expenses + | 319 | 313 | 267 | 513 | 432 | 373 | 352 | 536 | 461 | 387 | 420 | 640 | 564 |
| Operating Profit | 60 | 82 | 58 | 105 | 75 | 69 | 64 | 125 | 45 | 77 | 73 | 147 | 111 |
| OPM % | 16% | 21% | 18% | 17% | 15% | 16% | 15% | 19% | 9% | 17% | 15% | 19% | 16% |
| Other Income + | 1 | 1 | 2 | 4 | 5 | 2 | 3 | 9 | 50 | 9 | 10 | 31 | 22 |
| Interest | 5 | 6 | 9 | 10 | 10 | 10 | 12 | 13 | 16 | 16 | 19 | 18 | 15 |
| Depreciation | 13 | 12 | 15 | 16 | 15 | 19 | 21 | 22 | 22 | 21 | 22 | 23 | 22 |
| Profit before tax | 42 | 64 | 36 | 82 | 54 | 42 | 35 | 99 | 57 | 49 | 42 | 137 | 96 |
| Tax % | 17% | 27% | 23% | 26% | 25% | 26% | 28% | 26% | 28% | 21% | 34% | 24% | 27% |
| Net Profit + | 35 | 47 | 28 | 61 | 41 | 31 | 25 | 73 | 41 | 39 | 28 | 105 | 70 |
| EPS in Rs | 0.62 | 0.85 | 0.50 | 1.10 | 0.74 | 0.55 | 0.45 | 1.32 | 0.75 | 0.70 | 0.50 | 1.89 | 1.26 |
Financials of Redtape Ltd
Annual income statement trend
| Mar 2022 3m | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Sales + | 303 | 1,468 | 1,843 | 2,021 | 2,419 |
| Expenses + | 256 | 1,224 | 1,524 | 1,682 | 2,071 |
| Operating Profit | 47 | 244 | 319 | 339 | 347 |
| OPM % | 16% | 17% | 17% | 17% | 14% |
| Other Income + | -0 | 7 | 13 | 32 | 133 |
| Interest | 4 | 17 | 37 | 54 | 68 |
| Depreciation | 2 | 44 | 59 | 83 | 88 |
| Profit before tax | 41 | 189 | 236 | 233 | 324 |
| Tax % | 29% | 25% | 25% | 27% | 26% |
| Net Profit + | 29 | 142 | 176 | 170 | 241 |
| EPS in Rs | 2.57 | 3.19 | 3.08 | 4.35 | |
| Dividend Payout % | -0% | -0% | -0% | 73% | 52% |
Financials of Redtape Ltd
Capital structure and asset base
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 28 | 28 | 111 | 111 |
| Reserves | 336 | 449 | 621 | 678 | 911 |
| Borrowings + | 28 | 260 | 480 | 724 | 720 |
| Other Liabilities + | 461 | 502 | 460 | 712 | 564 |
| Total Liabilities | 826 | 1,239 | 1,588 | 2,224 | 2,306 |
| Fixed Assets + | 304 | 368 | 646 | 717 | 750 |
| CWIP | 17 | 71 | 17 | 46 | 25 |
| Investments | 1 | 1 | -0 | -0 | -0 |
| Other Assets + | 504 | 799 | 925 | 1,461 | 1,531 |
| Total Assets | 826 | 1,239 | 1,588 | 2,224 | 2,306 |
Financials of Redtape Ltd
Operating, investing and financing cash movement
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Cash from Operating Activity + | 44 | 127 | 84 | 4 | 174 |
| Cash from Investing Activity + | -49 | -127 | -116 | -110 | -84 |
| Cash from Financing Activity + | -17 | 12 | 26 | 99 | -94 |
| Net Cash Flow | -22 | 12 | -5 | -7 | -4 |
| Free Cash Flow | -5 | -6 | -32 | -104 | 89 |
| CFO/OP | 69% | 71% | 46% | 20% | 73% |
Financials of Redtape Ltd
Working capital efficiency and return ratios
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 68 | 21 | 18 | 20 | 32 |
| Inventory Days | 963 | 308 | 298 | 415 | 305 |
| Days Payable | 407 | 164 | 108 | 171 | 97 |
| Cash Conversion Cycle | 623 | 164 | 208 | 264 | 240 |
| Working Capital Days | 279 | 48 | 54 | 62 | 81 |
| ROCE % | 37% | 29% | 22% | 24% |