Case study

REDTAPE

REDTAPE LIMITED

Worth a closer look1y model +2.1%

Each stock's 10,000-path forecast, rendered as light.

58Score

REDTAPE LIMITED (REDTAPE) Stock Analysis & Case Study

Is REDTAPE a good buy? The data-driven verdict.

REDTAPE LIMITED (REDTAPE) trades at ₹137,on the numbers it worth a closer look, a Downstox Snapshot Score of 58/100.

On the numbers, REDTAPE LIMITED (REDTAPE) worth a closer look, a Downstox Snapshot Score of 58/100, weighing premium at 31.4× earnings, ROE of 26.6%, a 52% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

REDTAPE fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹7,565 Cr
Current price
₹137
P/E ratio
31.4×
P/B ratio
7.41×
Book value
₹19
Dividend yield
1.46%
ROCE
24.5%
ROE
26.6%
Piotroski F-Score
6/8

How REDTAPE ranks against the 2,373 companies in our screener

Is REDTAPE overvalued? REDTAPE P/E vs peers

REDTAPE trades at 31.4× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

REDTAPE share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 2.9y of REDTAPE history (4%/yr drift, 41%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
REDTAPE 2027₹85₹143₹241+2%
REDTAPE 2028₹70₹146₹303+4%
REDTAPE 2029₹61₹149₹365+6%
REDTAPE 2030₹53₹152₹434+8%
REDTAPE 2031₹48₹155₹498+11%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability REDTAPE goes up, or doubles?

52%
Higher in 1 year
Modelled chance the price is above today in 12 months
54%
Higher in 5 years
Modelled chance the price is above today in 5 years
26%
Doubles in 5 years
Modelled chance of reaching ₹280 within 5 years

The bull case for REDTAPE

  • REDTAPE's return on equity of 26.6% ranks in the 91st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • REDTAPE's return on capital employed of 24.5% ranks in the 87th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹365.

The bear case & risks

  • REDTAPE's P/E of 32.1x is lower than 43% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹61.

REDTAPE volatility & expected range, how bumpy is the ride?

Over the last 2.9 years REDTAPE compounded at 4%/year with annualized volatility of 41%. That volatility implies a 1-year 80% range of ₹85-₹241, the honest backbone behind any single price target.

REDTAPE price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 2.9 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
2.1%
80% range₹85-₹241
P(price ↑)52%
P(price 2×)5%
3-Year Forecast
2029
₹0
Median (P50)
6.3%
80% range₹61-₹365
P(price ↑)54%
P(price 2×)19%
5-Year Forecast
2031
₹0
Median (P50)
10.7%
80% range₹48-₹498
P(price ↑)54%
P(price 2×)26%

REDTAPE price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
REDTAPE simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds REDTAPE hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the REDTAPE price target & forecast page.

REDTAPE Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. REDTAPE scores 6/8, mixed financial health.

REDTAPE MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy REDTAPE with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.00%2.9×
ZerodhaCHEAPEST32.89%3.0×
Groww32.97%3.0×
DhanCHEAPEST32.89%3.0×
Kotak Neo40.00%2.5×
Paytm Money33.07%3.0×
Pocketful33.29%3.0×
Anand RathiCHEAPEST32.89%3.0×
Bajaj Broking40.00%2.5×
Share India32.94%3.0×

Compare every broker on the REDTAPE MTF page.

About REDTAPE LIMITED: sector, index & market-cap context

REDTAPE LIMITED (REDTAPE) is a small-cap NSE-listed company, with a market capitalisation of ₹7,565 Cr. See more stocks on our screener.

How the REDTAPE Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of REDTAPE LIMITED's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

REDTAPE analysis, FAQs

Is REDTAPE LIMITED (REDTAPE) a good buy?

On the numbers, REDTAPE LIMITED (REDTAPE) worth a closer look, a Downstox Snapshot Score of 58/100, weighing premium at 31.4× earnings, ROE of 26.6%, a 52% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is REDTAPE overvalued or undervalued?

REDTAPE trades at 31.4× earnings, premium versus the ~22× long-run Nifty average.

What is the REDTAPE share price target for 2031?

REDTAPE's probability-weighted 2031 median target is ₹155, with an 80% range of ₹48-₹498 (10,000-path Monte-Carlo).

What is the probability REDTAPE doubles in 5 years?

The modelled probability of REDTAPE reaching ₹280 (2×) within 5 years is 26%.

What is the bull case for REDTAPE?

REDTAPE's return on equity of 26.6% ranks in the 91st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. REDTAPE's return on capital employed of 24.5% ranks in the 87th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in REDTAPE?

REDTAPE's P/E of 32.1x is lower than 43% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on REDTAPE