Redtape (REDTAPE)₹108.65+1.17%Footwear
Redtape is compared with the 4 closest in size in Footwear (13 companies in the industry). It has a P/E of 24.3 against a peer median of 40.2, and ROCE of 24.1% against a peer median of 20.0%, and latest-quarter sales growth of 3.6% against a peer median of 8.0%. By market cap it is #5 of 5 in this set.
As of · Peer set: 4 closest in size in Footwear
| Company | M-cap (₹ Cr) | P/E | ROCE % | ROE % | Debt / equity | Div. yield % | Sales (₹ Cr) | Net profit (₹ Cr) | Qtr sales growth % | Qtr profit growth % | Compare |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Metro Brands | 22,598 | 54.3 | 20.0 | 22.0 | 0.76 | 0.7 | 2,862 | 415 | 12.3 | 11.7 | vs REDTAPE |
| Bata India | 8,220 | 55.9 | 13.0 | 10.6 | 0.87 | 5.3 | 3,512 | 134 | 3.9 | 23.1 | vs REDTAPE |
| Relaxo Footwears | 7,238 | 40.2 | 11.0 | 8.4 | 0.11 | 1.2 | 2,705 | 179 | 8.0 | 21.4 | vs REDTAPE |
| Campus Activewear | 6,063 | 39.6 | 20.9 | 18.0 | 0.26 | 0.8 | 1,781 | 150 | 12.3 | 18.1 | vs REDTAPE |
| Redtape | 6,008 | 24.3 | 24.1 | 26.7 | 0.70 | 1.8 | 2,408 | 241 | 3.6 | 12.9 | — |
| Peer median | 7,238 | 40.2 | 20.0 | 18.0 | 0.70 | 1.2 | 2,705 | 179 | 8.0 | 18.1 |
Listed companies closest to Redtape in Footwear include Metro Brands, Bata India, Relaxo Footwears, Campus Activewear.
Metro Brands, with a market cap of ₹22,598 Cr.
Redtape trades at a P/E of 24.3; the median of its peer set is 40.2. A P/E above or below the median is a description, not a judgement on value.
Redtape's return on capital employed is 24.1%, above the peer median of 20.0%.