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.
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 |
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 |
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 |
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 |
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 |
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 |
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.
