Redtape Limited (NSE:REDTAPE) — Market Cap & Net Worth

$701.57 Million USD  · Rs64.87 Billion INR  · Rank #10639

Market Cap & Net Worth: Redtape Limited (REDTAPE)

Redtape Limited (NSE:REDTAPE) has a market capitalization of $701.57 Million (Rs64.87 Billion) as of September 19, 2026. Listed on the NSE stock exchange, this India-based company holds position #10639 globally and #530 in its home market, demonstrating a 0.67% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Redtape Limited's stock price Rs117.35 by its total outstanding shares 552807600 (552.81 Million). Also see how large is Redtape Limited's balance sheet for a full breakdown of the balance sheet.

Redtape Limited Market Cap History: 2023 to 2026

Redtape Limited's market capitalization history from 2023 to 2026. Data shows change from $2.81 Billion to $701.57 Million (-37.03% CAGR). Also see REDTAPE operating cash flow for how efficiently the company converts equity into cash flow.

Redtape Limited Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Redtape Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check Redtape Limited (REDTAPE) stock price for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

0.04x

Redtape Limited's market cap is 0.04 times its annual revenue

Industry average: 0.30x Lower than industry average

Latest Price to Earnings (P/E) Ratio

0.44x

Redtape Limited's market cap is 0.44 times its annual earnings

Industry average: 25.93x Lower than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2023 $2.81 Billion $14.68 Billion $1.42 Billion 0.19x 1.98x
2024 $5.22 Billion $18.43 Billion $1.76 Billion 0.28x 2.96x
2025 $740.84 Million $20.20 Billion $1.70 Billion 0.04x 0.44x

Competitor Companies of REDTAPE by Market Capitalization

Companies near Redtape Limited in the global market cap rankings as of September 19, 2026. Review Redtape Limited tangible equity quality to assess the quality of the company's equity after excluding intangible assets.

Key companies related to Redtape Limited by market ranking:

  • Nike Inc (NYSE:NKE): Ranked #650 globally with a market cap of $42.59 Billion USD.
  • adidas AG (F:ADS): Ranked #906 globally with a market cap of $29.50 Billion USD ( €25.24 Billion EUR).
  • adidas AG (F:ADS1): Ranked #1064 globally with a market cap of $25.38 Billion USD ( €21.71 Billion EUR).
  • ASICS CORP.(UNSP.ADR)/1 (F:ASI): Ranked #1481 globally with a market cap of $17.00 Billion USD ( €14.54 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#650 Nike Inc NYSE:NKE $42.59 Billion $35.51
#906 adidas AG F:ADS $29.50 Billion €142.30
#1064 adidas AG F:ADS1 $25.38 Billion €69.50
#1481 ASICS CORP.(UNSP.ADR)/1 F:ASI $17.00 Billion €23.80

Redtape Limited Historical Marketcap From 2023 to 2026

Between 2023 and today, Redtape Limited's market cap moved from $2.81 Billion to $ 701.57 Million, with a yearly change of -37.03%.

Year Market Cap Change (%)
2026 Rs701.57 Million -5.30%
2025 Rs740.84 Million -85.81%
2024 Rs5.22 Billion +85.86%
2023 Rs2.81 Billion --

End of Day Market Cap According to Different Sources

On Sep 19th, 2026 the market cap of Redtape Limited was reported to be:

Source Market Cap
Yahoo Finance $701.57 Million USD
MoneyControl $701.57 Million USD
MarketWatch $701.57 Million USD
marketcap.company $701.57 Million USD
Reuters $701.57 Million USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Redtape Limited

NSE:REDTAPE India Footwear & Accessories
Market Cap
$701.57 Million
Rs64.87 Billion INR
Market Cap Rank
#10639 Global
#530 in India
Share Price
Rs117.35
Change (1 day)
-1.10%
52-Week Range
Rs109.76 - Rs157.80
All Time High
Rs967.35
About

REDTAPE Limited manufactures and sells footwear and clothing for men, women, and kids in India and internationally. It offers footwear, such as boots, casual and formal shoes, sandals/slippers, sliders/flip flops, and sports shoes; topwear, including jackets, shirts, sweaters, sweat shirts/hoodies, and T-shirts; bottomwear, such as jeans, trousers, shorts, jeggings, and pants; and sports wear com… Read more