Integrated Filing — IndAS



General information about company
Scrip Code 543957
NSE Symbol REDTAPE
MSEI Symbol NOTLISTED
ISIN INE0LXT01019
Name of company Redtape Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 27-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 20-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Retail Business of Footwear and Garment
Start date and time of board meeting 27-May-2025   17:15:00
End date and time of board meeting 27-May-2025   19:10:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Unaudited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 5052400000 20201800000
Other income 139600000 320000000
Total income 5192000000 20521800000
2 Expenses
(a) Cost of materials consumed 230000000 643100000
(b) Purchases of stock-in-trade 4791300000 14724300000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -2373000000 -4568700000
(d) Employee benefit expense 291700000 1198700000
(e) Finance costs 161800000 509100000
(f) Depreciation, depletion and amortisation expense 213700000 832800000
(f) Other Expenses
1 Other Expenses 1299500000 4851200000
Total other expenses 1299500000 4851200000
Total expenses 4615000000 18190500000
3 Total profit before exceptional items and tax 577000000 2331300000
4 Exceptional items 0 0
5 Total profit before tax 577000000 2331300000
6 Tax expense
7 Current tax 169900000 633400000
8 Deferred tax -7600000 -4500000
9 Total tax expenses 162300000 628900000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 414700000 1702400000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 414700000 1702400000
17 Other comprehensive income net of taxes -25800000 -17200000
18 Total Comprehensive Income for the period 388900000 1685200000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 1105600000 1105600000
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 6782800000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.75 3.08
Diluted earnings (loss) per share from continuing operations 0.75 3.08
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.75 3.08
Diluted earnings (loss) per share from continuing and discontinued operations 0.75 3.08
24 Debt equity ratio 0.0046 0.0046
25 Debt service coverage ratio 0.0433 0.0433
26 Interest service coverage ratio 0.0558 0.0558
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1. The above standalone and consolidated audited financial results for the quarter and year ended 31st March 2025 have been reviewed and recommended to the Board of Directors by the Audit Committee and subsequently approved by the Board of Directors at their meetings held on 27th May 2025. These results have been audited by Statutory Auditors who have expressed an unmodified opinion on these results. n n2.These financial results have been audited by Statutory Auditors and prepared in accordance with the Indian Accounting Standards prescribed under Section 133 of the Companies Act 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and are in compliance with Regulation 33 of the SEBI LODR 2015 n n3.The main business of the Company is retailing/ trading of merchandise which primarily consist of apparels and footwears. All other operating activities of the Company are incidental to its main business. Accordingly the Company has only one identifiable segment reportable under Ind AS 108 Operating Segment The chief operational decision maker monitors the operating results of the entity business for the purpose of making decisions about resource allocation and performance assessment. n n4.On 5th February 2025 the Company had issued 41465700 fully paidup Bonus Equity Shares of Rs 2 each in the ratio of 3 to 1 to the eligible members of the Company by capitalizing Rs. 829211400 out of General Reserve of the Company. As a result of the bonus issue the paid up capital of the Company stands increased to Rs.1105615200 from Rs. 276403800 This has been considered for calculating weighted average number of equity shares for all comparative periods presented as per IND AS 33 Earnings per Share. In line with the above EPS basic and diluted have been adjusted for all periods presented. EPS without adjusting for bonus shares would have been as under n n5.The Board of Directors has recommended a Final Dividend of Rs 0.25 per share 12.5 percent of Rs. 2 each for approval by the Members of the Company at ensuing Annual General Meeting. In terms of the Ind AS 10 Events after reporting date as notified by the Ministry of Corporate Affairs through amendments to Companies Accounting Standards Amendment Rules 2016 dated 30th March 2016 the Company has not accounted for proposed dividend as liability as at 31st March 2025. n n6.The Company has also paid an Interim Dividend of Rs. 2 100 percent per Equity Share of Rs 2 each for the financial year 2024 2025. n n7.The figures for the quarter ended 31st March 2025 as reported in the standalone and consolidated financial results are the balancing figures between the audited figures for the year ended 31st March 2025 and the published year to date figures for 31st December 2024 which were subjected to limited review by the statutory auditors. n n8.Figures for the previous period quarter have been regrouped rearranged wherever necessary to make them comparable with current period figures



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 3814600000
Capital work-in-progress 460300000
Investment property 0
Goodwill 0
Other intangible assets 92000000
Intangible assets under development 2600000
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 0
Trade receivables, non-current
Loans, non-current 0
Other non-current financial assets 106400000
Total non-current financial assets 106400000
Deferred tax assets (net) 1100000
Other non-current assets 3280300000
Total non-current assets 7757300000
2 Current assets
Inventories 12208000000
Current financial asset
Current investments 0
Trade receivables, current 1124000000
Cash and cash equivalents 136900000
Bank balance other than cash and cash equivalents 8800000
Loans, current 0
Other current financial assets 30400000
Total current financial assets 1300100000
Current tax assets (net)
Other current assets 976700000
Total current assets 14484800000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 22242100000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1105600000
Other equity 6782800000
Total equity attributable to owners of parent 7888400000
Non controlling interest
Total equity 7888400000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 146800000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 3239700000
Total non-current financial liabilities 3386500000
Provisions, non-current 48000000
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 3434500000
Current liabilities
Current financial liabilities
Borrowings, current 3512500000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 292800000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 4750300000
Total Trade payable 5043100000
Other current financial liabilities 449300000
Total current financial liabilities 9004900000
Other current liabilities 1879000000
Provisions, current 14300000
Current tax liabilities (Net) 21000000
Deferred government grants, Current
Total current liabilities 10919200000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 14353700000
Total equity and liabilites 22242100000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Unaudited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Unaudited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss -100000 1300000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 25900000 15900000
5 Total Other comprehensive income -25800000 -17200000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 2331300000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 501700000
Adjustments for decrease (increase) in inventories -4608100000
Adjustments for decrease (increase) in trade receivables, current -219200000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -257700000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current -10200000
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 2293200000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 832700000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 12000000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current -55800000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains -52200000
Adjustments for dividend income 0
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -1563600000
Net cash flows from (used in) operations 767700000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 628100000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 139600000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 623000000
Purchase of property, plant and equipment 1710900000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 8800000
Cash advances and loans made to other parties -22600000
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 100000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -100000
Net cash flows from (used in) investing activities -1074100000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 2155900000
Repayments of borrowings 102300000
Payments of lease liabilities 573000000
Dividends paid 275700000
Interest paid 215700000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 989200000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 54700000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 54700000
Cash and cash equivalents cash flow statement at beginning of period 82100000
Cash and cash equivalents cash flow statement at end of period 136800000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Ashwani and Associates Yes 31-Jan-2026