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

$768.11 Million USD  · Rs71.02 Billion INR  · Rank #10359

Market Cap & Net Worth: Redtape Limited (REDTAPE)

Redtape Limited (NSE:REDTAPE) has a market capitalization of $768.11 Million (Rs71.02 Billion) as of May 4, 2026. Listed on the NSE stock exchange, this India-based company holds position #10359 globally and #492 in its home market, demonstrating a 3.99% 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 Rs128.48 by its total outstanding shares 552807600 (552.81 Million). Analyse Redtape Limited cash conversion from operations to see how efficiently the company converts income to cash.

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 $768.11 Million (-39.04% CAGR).

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.

Latest Price to Sales (P/S) Ratio

0.04x

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

Industry average: 0.69x 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: 9.05x 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 May 4, 2026.

Key companies related to Redtape Limited by market ranking:

  • Nike Inc (NYSE:NKE): Ranked #491 globally with a market cap of $53.26 Billion USD.
  • adidas AG (F:ADS): Ranked #914 globally with a market cap of $28.67 Billion USD ( €24.53 Billion EUR).
  • adidas AG (F:ADS1): Ranked #917 globally with a market cap of $28.57 Billion USD ( €24.44 Billion EUR).
  • ASICS CORP.(UNSP.ADR)/1 (F:ASI): Ranked #1465 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
#491 Nike Inc NYSE:NKE $53.26 Billion $44.40
#914 adidas AG F:ADS $28.67 Billion €147.60
#917 adidas AG F:ADS1 $28.57 Billion €73.00
#1465 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 $ 768.11 Million, with a yearly change of -39.04%.

Year Market Cap Change (%)
2026 Rs768.11 Million +3.68%
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 May 4th, 2026 the market cap of Redtape Limited was reported to be:

Source Market Cap
Yahoo Finance $768.11 Million USD
MoneyControl $768.11 Million USD
MarketWatch $768.11 Million USD
marketcap.company $768.11 Million USD
Reuters $768.11 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
$768.11 Million
Rs71.02 Billion INR
Market Cap Rank
#10359 Global
#492 in India
Share Price
Rs128.48
Change (1 day)
-1.31%
52-Week Range
Rs109.76 - Rs161.12
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