| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 675.51 | 14.1% | 33.7% |
| Total Income | 697.83 | 12.1% | 34.4% |
| Expenditure | 601.49 | 8.4% | 30.3% |
| PBT | 96.34 | 29.9% | 67.0% |
| Net Profit | 69.88 | 33.1% | 68.5% |
| OPM | 16.50% | 5.19pp | 0.41pp |
| NPM | 10.01% | 3.16pp | 2.02pp |
| EPS | 1.26 | 33.3% | 68.0% |
RedTape FY26: Revenue ₹2,415 Cr, PAT ₹244 Cr
26 May 2026 · 26 May, 5:23 pm
Summary
RedTape Limited announced strong financial results for the full year ended March 31, 2026, with revenue reaching ₹2,415 crores, an increase of 19.6% year-on-year. Profit after tax (PAT) also saw robust growth, rising by 32.4% year-on-year to ₹244 crores. The company demonstrated significant margin expansion, with the FY26 EBITDA margin improving by 151 basis points to 19.0%, and Q4 FY26 EBITDA margin expanding by 65 basis points to 10.2%. Mr. Arvind Verma, Whole Time Director, highlighted that strong consumer choice across price points and categories, along with operating discipline, drove the performance, affirming confidence in the untapped potential of Tier-2 and Tier-3 cities and the structural shift towards organized retail.
Key Highlights
- 1
RedTape Limited reported full year FY26 revenue of ₹2,415 crores, marking a 19.6% year-on-year growth.
- 2
Profit after tax (PAT) for FY26 stood at ₹244 crores, increasing by 32.4% year-on-year.
- 3
The company demonstrated significant margin expansion in FY26, with EBITDA margin improving by 151 basis points year-on-year to 19.0%.
- 4
For Q4 FY26, revenue grew by 33.8% year-on-year to ₹674 Cr.
- 5
Q4 FY26 EBITDA reached ₹71 Cr, with EBITDA margin expanding by 65 basis points year-on-year to 10.2%.
- 6
As of March 31, 2026, RedTape's retail network comprised 669 stores across 300 cities, with 67% operated by franchisees.
- 7
The company operationalized one new marketplace warehouse and added 3,00,000 sq.ft. to an existing warehouse in FY26.
Management Comments
Mr. Arvind Verma
FY26 has been a defining year for us at RedTape. What gives us confidence is not just the numbers, but what is driving them: consumers are actively choosing us across price points, across categories, and across channels. Our margin expansion this quarter is a reflection of operating discipline. We kept investing in stores, in product, and in people, and the business responded. What excites us most about where we stand is the opportunity still ahead. Eighty percent of our stores are in Tier-2 and Tier-3 cities, and those markets are nowhere near maturity. The structural shift from unorganised to organised retail in footwear and apparel continues to work in our favour. Our e-commerce business is maturing, with our new brands gaining traction, and our women's category is beginning to show momentum. We enter FY27 with a clear playbook, a strong balance balance sheet, and a team that knows how to execute. The opportunity in front of us is significant.”
Informational and educational content only. Not investment advice.