Other income fell 55.47% to Rs 22.32 crore.  PBIDT rose 40.49% to Rs 133.76 crore.  Provision for interest fell 7.65% to Rs 14.97 crore.    

PBDT rose 50.37% to Rs 118.79 crore.  Provision for depreciation rose 4.32% to Rs 22.45 crore.   

Profit before tax grew 67.61% to Rs 96.34 crore.  Share of profit/loss were nil in both the periods.  Provision for tax was expense of Rs 26.46 crore, compared to Rs 16.26 crore.  Effective tax rate was 27.47% compared to 28.29%.

 Full year results analysis.

Other income fell 12.02% to Rs 132.84 crore.  PBIDT rose 30.75% to Rs 480.23 crore.  Provision for interest rose 33.77% to Rs 68.14 crore.  Loan funds declined from Rs 723.72 crore as of 31 March 2025 to Rs 719.96 crore as of 31 March 2026.  Inventories declined from Rs 1,220.80 crore as of 31 March 2025 to Rs 1,152.49 crore as of 31 March 2026.  Sundry debtors were higher at Rs 210.19 crore as of 31 March 2026 compared to Rs 110.39 crore as of 31 March 2025.  Cash and bank balance declined from Rs 14.57 crore as of 31 March 2025 to Rs 9.76 crore as of 31 March 2026.  

PBDT rose 30.26% to Rs 412.09 crore.  Provision for depreciation rose 5.38% to Rs 87.92 crore.  Fixed assets increased to Rs 766.42 crore as of 31 March 2026 from Rs 753.87 crore as of 31 March 2025.  Intangible assets declined from Rs 9.46 crore to Rs 8.40 crore.  

Profit before tax grew 39.18% to Rs 324.17 crore.  Share of profit/loss were nil in both the periods.  Provision for tax was expense of Rs 83.62 crore, compared to Rs 62.92 crore.  Effective tax rate was 25.80% compared to 27.01%.

Minority interest was nil in both the periods.  Net profit attributable to owners of the company increased 41.50% to Rs 240.55 crore.  

STRATEGIC INITIATIVES & GROWTH DRIVERS 

e Ozark: Brand momentum improving in FY26; outdoor and adventure positioning resonating across channels e Supply chain: BIS accreditation secured across all footwear import territories, a significant regulatory milestone; Myanmar and Nepal operationalised as sourcing markets, reducing single-country concentration risk e Marketplace Warehouse: One new warehouse operationalised in FY26; 3,00,000 sq.ft. added in existing warehouse of Unnao, Kanpur. e New Sub-categories Launch: Launched eyewear and hard luggage as a new accessories subcategories; takes the lifestyle portfolio beyond footwear and apparel e Brand presence: RedTape-branded community sporting events activated in Chandigarh and Delhi; building direct consumer engagement in key northern markets 

Mr. Arvind Verma, Whole Time Director, RedTape Limited said, “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 sheet, and a team that knows how to execute. The opportunity in front of us is significant.”

OUTLOOK 

RedTape Limited targets continued strong revenue growth in FY27, supported by accelerated retail expansion, with a particular focus on South and West India, through category diversification, e-commerce and quick commerce channel growth, women’s and kids’ segment development, and premiumisation. The Company intends to open 200-250 new stores annually with store size of 500sq. ft. — 1500 sq. ft, deepen its presence in Tier-2 and Tier-3 cities, scale the Ozark performance-wear brand, and extend its lifestyle portfolio into new product categories including backpacks, luggage, and fragrances and cosmetics. RedTape remains well-positioned to capitalise on India’s growing aspirational consumer segment, the expanding athletic and athleisure market, and the ongoing premiumisation trend in the Indian footwear and lifestyle industry, delivering sustainable, profitable growth in FY27 and beyond. 

Others

 Equity capital stood at Rs 110.56 crore as of 31 March 2026 to Rs 110.56 crore as of 31 March 2025.  Per share face Value remained same at Rs 2.00.  

Promoters’ stake was 71.83% as of 31 March 2026 ,compared to 71.80% as of 31 March 2025 .  

Cash flow from operating activities increased to Rs 174.01 crore for year ended March 2026 from Rs 4.30 crore for year ended March 2025.  Cash flow used in acquiring fixed assets during the year ended March 2026 stood at Rs 85.92 crore, compared to Rs 113.20 crore during the year ended March 2025.