Redtape Share Price Target 2026, 2027, 2030, 2040, 2050

Redtape is a well-known Indian fashion brand. It makes and sells shoes, clothes, and accessories for men, women, and children. The brand is famous for stylish designs, good quality, and fair prices. Its products include formal shoes, casual shoes, sports shoes, shirts, T-shirts, jeans, trousers, jackets, belts, wallets, and socks. The company also runs other brands like RedTape Athleisure, Mode (RedTape London), and Bond Street. In 2023, it separated from Mirza International Limited and became its own listed company. It has more than 622 stores in India and also sells products online. It sells its products in over 17 countries, such as the UK, USA, France, Germany, and the Middle East.

What is Redtape Ltd NSE: REDTAPE?

Redtape was established in 1996 and later became a public limited company on 8 December 2021 in Noida, Uttar Pradesh, India. The company is owned and managed by the Mirza family, with Rashid Ahmed Mirza as Chairman and Shuja Mirza as Managing Director. It is a well-known Indian fashion and lifestyle company that makes and sells shoes, clothes, and accessories for men, women, and children. Its products include formal shoes, casual shoes, sports shoes, shirts, T-shirts, jackets, belts, wallets, and bags. The company sells its products through many retail stores and online platforms in India and also in several other countries.

Redtape Share Price

Redtape Share Price Target 2026

It is a famous Indian fashion and lifestyle company. In the beginning, it became popular for making good-quality shoes. Later, the company also started selling clothes and accessories. Over time, it has built a strong name in India and in many other countries. The company makes products that are stylish, comfortable, and long-lasting, and it sells them at reasonable prices. It follows modern fashion trends but keeps the designs simple so people can wear them every day. In 2026, its share price target would be ₹215, as per stock market analysts.

According to stock market analysts, its share price would be between ₹107 to ₹215 in 2026.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2026	107	215

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	107	134
February	114	147
March	116	158
April	124	164
May	127	170
June	132	178
July	137	182
August	142	186
September	150	190
October	153	195
November	156	200
December	160	215

Redtape Share Price Target 2027

The company sells many types of shoes for men, women, and children. These include formal shoes for the office, casual shoes for daily use, sports shoes for running and gym, boots for winter, loafers for comfort, and sandals or sliders for relaxed wear. It makes sure its shoes are comfortable to wear for long hours and strong enough for daily use. The company uses good materials and focuses on strong soles, neat stitching, and proper finishing. In 2027, its share price target would be ₹314, as per stock market analysts.

According to stock market analysts, its share price would be between ₹208 to ₹314 in 2027.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2027	208	314

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	208	228
February	212	237
March	216	245
April	219	258
May	221	265
June	224	268
July	226	271
August	228	275
September	232	281
October	235	288
November	237	297
December	240	314

Share Price Target 2028

It also offers many kinds of clothes for men. The collection includes shirts, T-shirts, jeans, trousers, jackets, sweaters, hoodies, and shorts. These clothes can be worn at the office, during travel, at casual outings, or at social gatherings. The company uses soft and comfortable fabrics that last long. It follows current fashion styles but also offers simple designs for people who like basic clothing. The clothes are stitched properly to give a clean and smart look. In 2028, its share price target would be ₹408, as per stock market analysts.

According to stock market analysts, its share price would be between ₹300 to ₹408 in 2028.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2028	300	408

Share Price Target 2029

In recent years, it has also increased its products for women. The company now offers stylish shoes and clothes made specially for women. The collection includes casual shoes, sports shoes, tops, T-shirts, jeans, jackets, and daily wear outfits. It focuses on both style and comfort, so women can wear the products all day without any problem. The designs are modern and trendy, but the prices are still affordable. In 2029, its share price target would be ₹500, as per stock market analysts.

According to stock market analysts, its share price would be between ₹392 to ₹500 in 2029.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2029	392	500

Redtape share price Target 2030

It also makes products for children, including shoes and clothes. Kids’ shoes are made carefully to give comfort, softness, and safety. The materials are light and suitable for active children. The clothes for kids are comfortable and allow easy movement, which is important for playing and daily activities. It is known that children are very active, so the products must be strong and durable. By offering stylish and comfortable items for kids, Redtape has become a good choice for families. In 2030, its share price target would be ₹633, as per stock market analysts.

According to stock market analysts, its share price would be between ₹488 to ₹633 in 2030.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2030	488	633

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	488	541
February	497	557
March	500	567
April	508	575
May	513	583
June	518	588
July	521	596
August	532	600
September	545	607
October	557	612
November	568	621
December	575	633

Share Price Target 2040

It has an online shopping website where customers can easily buy products from home. The website is divided into simple sections like men, women, kids, shoes, clothes, and accessories. Customers can see product pictures, read details, check prices, and select sizes before ordering. The website often gives discounts and special offers. It also provides home delivery and easy return options. This makes shopping simple and convenient. In 2040, its share price target would be ₹1253, as per stock market analysts.

According to stock market analysts, its share price would be between ₹1058 to ₹1253 in 2040.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2040	1058	1253

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	1058	1125
February	1074	1137
March	1080	1146
April	1084	1155
May	1090	1167
June	1094	1175
July	1099	1182
August	1110	1199
September	1121	1211
October	1140	1229
November	1155	1241
December	1162	1253

Share Price Target 2050

It has many physical stores across India. The company runs hundreds of its own brand stores and also sells through other stores. In physical stores, customers can try on shoes and clothes, check the quality, and choose the right size before buying. Store staff help customers find suitable products. Having both online and offline stores increases customer trust and makes the brand more visible. In 2050, its share price target would be ₹1800, as per stock market analysts.

According to stock market analysts, its share price would be between ₹1587 to ₹1800 in 2050.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2050	1587	1800

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	1587	1641
February	1598	1659
March	1611	1674
April	1624	1686
May	1634	1699
June	1645	1721
July	1652	1742
August	1662	1756
September	1675	1768
October	1682	1777
November	1704	1786
December	1714	1800

Should I buy Redtape stock?

Year	Minimum Price (Rs)	Maximum Price (Rs)
2026	107	215
2027	208	314
2028	300	408
2029	392	500
2030	488	633
2040	1058	1253
2050	1587	1800

It is in the fashion business, and this industry can change quickly based on trends and customer demand. The company has a good brand name, many stores, and a growing online business. If you plan to invest for many years and believe the company will grow, you can think about it after doing proper research. If you want safe and steady returns, it is better to be careful and talk to a financial advisor before investing.

Redtape earnings results

	Mar 2022 3m	Mar 2023	Mar 2024	Mar 2025	TTM
Sales +	303	1,468	1,843	2,021	2,123
Expenses +	256	1,224	1,524	1,682	1,767
Operating Profit	47	244	319	339	356
OPM %	16%	17%	17%	17%	17%
Other Income +	-0	7	13	32	41
Interest	4	17	37	54	64
Depreciation	2	44	59	83	86
Profit before tax	41	189	236	233	247
Tax %	29%	25%	25%	27%
Net Profit +	29	142	176	170	181
EPS in Rs		2.57	3.19	3.08	3.27
Dividend Payout %	0%	0%	0%	73%

Key Metrics

TTM PE Ratio	PB Ratio	Dividend Yield	Sector PE	Sector PB	Sector Div Yld
39.39	9.02	1.75%	43.00	6.05	0.65%

Peers & Comparison

Stock	PE Ratio	PB Ratio	Dividend Yield
RedTape	41.86	9.02	1.75%
Trent Ltd	96.17	26.64	0.12%
Aditya Birla Lifestyle Brands Ltd	232.84	10.87	—
Brainbees Solutions Ltd	-71.80	2.60	—

Is Redtape stock good to buy? (bull case & bear case)

Bull Case:

• In FY2024–25, it earned total revenue of around ₹ 2,020 crore, up nearly 9–10% from last year, indicating the business is growing steadily.
• In Q3 FY25, the company recorded revenue of about ₹ 664 crore, 7–8% higher than the same quarter last year, indicating stable sales growth.
• In Q2 FY26, revenue was about ₹500+ crore, up nearly 20% year-on-year, showing great short-term improvement.
• In FY25, total yearly profit was around ₹170 crore, which means the company is regularly making a profit.
• It has 600+ brand stores across India, which helps it sell more products and build strong customer trust.

Bear Case:

• In some recent quarters, profit margin was only around 5–6%, which means the company keeps a small part of its sales as profit.
• Profit growth has not increased as fast as revenue, which shows cost pressure on the business.
• Sales numbers change from quarter to quarter, which means income is not always steady.
• The fashion and footwear market has strong competition, which can affect sales and pricing.

Conclusion

It is a popular Indian fashion and footwear brand with many stores and a growing online business. The company is earning regular profit and slowly expanding its business, which is good for long-term growth. It sells many types of products for men, women, and children, so it can attract many customers. However, there is strong competition in the fashion market, and profit margins are not very high.

FAQs