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Recode Studios Ltd.

378.10+3.10 (+0.83%)

BSE · 30 Oct, 4:01 PM

: ₹407.47 Cr
: 36.30
: 9,600
: ₹393.75 - ₹378.10
: ₹477.00 - ₹171.00

Recode Studios Ltd. (RECODE) share price closed at ₹378.10 on the BSE on Friday, October 30, 2026, up by 0.83% from its of ₹375.00. In that session RECODE reached a of 393.75 and of 378.10. The stands at 382.40. Looking at , the stock ended the session moving sideways.

Stock Overview

₹392.95

₹375.00

₹382.40

Price 1.12% below

Key Fundamentals

: 407.47 Cr₹407.47 Crore
: 10.55
: 36.30
: 6.89
: 55.57
: 16.70 Cr₹16.70 Crore
: 0.07 %
Sector
Industry: e-Commerce
: 79.27
: 0.32

Industry Comparison

Ratio	Company	Sector
	36.30	56.52
	0.32	0.11
	6.89	3.85
	2.23	1.65
	0.07 %	0.00 %
Operating Margin	20.11 %	9.97 %

Sector figures are the median of 44 listed Retailing companies.

Peer Comparison

Name
ETERNAL ETERNAL	343.00	127.90	3,31,007.03	0.00	641.00	-7.24%	3,663.00	38.23%	8.43
MEESHO MEESHO	222.60	64.69	1,03,038.54	0.00	189.53	747.46%	2,510.84	80.49%	158.57
NYKAA NYKAA	350.70	1,188.37	1,00,464.57	0.00	9.57	-25.93%	75.42	-7.83%	6.73
SWIGGY SWIGGY	177.00	6,107.19	48,857.55	0.00	287.00	132.58%	2,646.00	30.86%	2.66
SHIPROCKET SHIPROCKET	126.05		9,171.12	0.00	20.16	324.42%	580.72	32.82%	-0.50
INDIAMART INDIAMART	1,491.75	16.02	8,971.85	4.04	106.30	27.31%	389.00	7.97%	28.94
FIRSTCRY FIRSTCRY	158.10	64.68	8,254.25	0.00	21.59	603.88%	678.43	14.89%	2.80
Recode Studios Ltd. RECODE	378.10	36.30	407.47	0.07					74.93

Quarterly Results

consolidated figures in ₹ Crores · Quarterly

Particulars

Profit & Loss

consolidated figures in ₹ Crores · Annual

Particulars	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00
INCOME :
Operating Income	22.38	38.20	50.36	82.50
Operating Income (Net)	22.38	36.82	47.80	79.95
EXPENDITURE :
Increase/Decrease in Stock	-3.09	-0.82	-2.64	-1.65
Raw Material Consumed	14.69	19.09	21.98	32.05
Power & Fuel Cost	0.02	0.04	0.04	0.08
Employee Cost	2.96	5.13	4.38	5.13
Operating Expenses			0.07	0.13
General and Administration Expenses	2.37	3.50	3.82	6.49
Selling and Distribution Expenses	3.85	7.99	13.63	20.91
Miscellaneous Expenses	0.12	0.17	0.32	0.22
	20.92	35.10	41.61	63.36
Operating Profit (Excl OI)	1.46	1.72	6.18	16.59
	0.06	0.12	0.14	0.11
	1.52	1.83	6.33	16.70
Interest	0.37	0.91	1.25	0.75
PBDT	1.15	0.92	5.08	15.95
	0.21	0.53	0.64	0.94
Profit Before Taxation & Exceptional Items	0.93	0.38	4.43	15.01
	0.93	0.38	4.43	15.01
Provision for Tax	0.24	0.11	1.32	3.79
	0.69	0.27	3.11	11.22
Extra items	0.00	0.00	0.00	0.00
Consolidated Net Profit	0.69	0.27	3.11	11.22
Profit Balance B/F	0.44	1.13	1.54	4.66
Appropriations	1.13	1.40	4.66	15.88
Equity Dividend %				2.50%
	666.15	263.75	2,992.12	13.79
Adjusted EPS	0.85	0.34	3.83	13.79

Balance Sheet

consolidated figures in ₹ Crores

Particulars	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
	0.01	0.01	0.01	8.14
Total Reserves	5.19	5.46	8.71	11.86
Reserve excluding Revaluation Reserve	5.19	5.46	8.71	11.86
Revaluation reserve	0.00	0.00
	5.20	5.47	8.72	20.00
Secured Loans		0.32	0.41	0.60
Unsecured Loans	1.79	2.43	2.04	0.55
Deferred Tax Assets / Liabilities	-0.05	-0.14	-0.23	-0.34
Long Term Provisions	0.10	0.22	0.34	0.34
Total Non-Current Liabilities	1.84	2.82	2.56	1.15
Trade Payables	2.82	1.50	4.11	4.72
Other Current Liabilities	1.38	3.28	4.09	5.65
Short Term Borrowings	1.24	3.42	2.78	3.26
Short Term Provisions	0.00	0.10	0.68	0.36
Total Current Liabilities	5.44	8.30	11.66	13.98
Total Liabilities	12.48	16.60	22.94	35.13
Gross Block	0.74	2.81	3.87	5.45
Less: Accumulated Depreciation	0.24	0.77	1.41	2.35
	0.51	2.03	2.45	3.10
	0.29
Long Term Investment	0.00	0.00
Long Term Loans & Advances	0.01	0.12	0.12	0.37
Other Non Current Assets	0.05	0.05	0.03	0.04
Total Non-Current Assets	0.85	2.20	2.61	3.51
Inventories	5.62	6.71	9.08	10.73
Sundry Debtors	3.33	5.94	8.09	15.38
Cash and Bank	0.45	0.16	0.82	1.32
Other Current Assets	0.20	0.13	0.18	0.06
Short Term Loans and Advances	2.03	1.45	2.16	3.74
Total Current Assets	11.63	14.39	20.33	31.22
Net Current Assets (Including Current Investments)	6.19	6.09	8.67	17.24
Miscellaneous Expenses not written off				0.40
Total Assets	12.48	16.60	22.94	35.13
				0.00
Total Debt	3.79	7.85	7.56	6.19
	4,997.50	5,261.35	8,387.79	24.07
Adjusted Book Value	6.40	6.74	10.74	24.07

Cash Flow

consolidated figures in ₹ Crores

Particulars	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00
	0.93	0.38	4.43	15.01
Adjustment	0.58	1.52	2.14	1.66
Changes In working Capital	-6.51	-3.45	-2.81	-4.63
Cash Flow after changes in Working Capital	-4.99	-1.54	3.77	12.04
Cash Flow from Operating Activities	-5.27	-1.64	3.02	4.34
Cash Flow from Investing Activities	-0.81	-1.84	-1.00	-1.80
Cash Flow from Financing Activitie	6.12	3.19	-1.38	-2.04
Net Cash Inflow / Outflow	0.04	-0.28	0.64	0.50
Opening Cash & Cash Equivalents	0.41	0.45	0.18	0.82
Closing Cash & Cash Equivalent	0.45	0.16	0.82	1.32

Ratios

Valuation

36.30

6.89

24.69

5.10

10.55

55.57

Profitability

79.27

74.93

38.66

20.11

13.61

Leverage & Liquidity

0.32

2.23

20.95

Returns

0.07

2.84

Shareholding Pattern

Numbers in percentages

Particulars	May '26	Sep '26
	65.02	65.18
	13.41	6.29
	21.58	28.53
	34.98	34.82
No. of Shareholders	856	475

Mutual Funds Invested

No mutual fund holds this stock in its latest portfolio.

Corporate Actions

Showing: All

Date	Type	Details	Ex-Date	Record Date
2026-09-09	Ex Dividend	Rs.0.2500 per share(2.5%)Final Dividend	2026-09-23	2026-09-23
2026-09-09	AGM
2026-07-08	Board Meeting	Inter alia, to consider and approve:- 1. Appointment of Scrutinizer 2. To consider and recommend the RECODE STUDIOS LIMITED -Employee Stock Option Plan 3. To approve the Notice convening the Extra-Ordinary General Meeting 4. Any other business with the permission of the Chair

Insider Trading

Date	Person	Category	Transaction Type	Shares
2026-06-10	Dheeraj Bansal	Market	Buy	13,600
2026-06-10	Karan Bansal	Market	Buy	4,000
2026-06-10	Surekha Singla	Market	Buy	10,400

Sector Overview

Retailinge-Commerce

Recode Studios Ltd. operates in the Retailing sector under the e-Commerce industry. This sector is one of the key drivers of the Indian economy and is closely tracked by the relevant Nifty sectoral index.

Company Profile

Corporate information and contact details

Key Management

8 members across the board and senior leadership

Dheeraj Bansal

Chairman & Managing Director

₹35.64 L

Mar '26

Karan Bansal

Whole Time Director & Chief Executive Officer

₹20.00 L

Mar '26

Shalini Trehan

Non Executive Director

—

Rahul Sachdeva

Whole Time Director & Chief Executive Officer

₹42.00 L

Mar '25

Shelly Bansal

Whole Time Director

₹10.30 L

Mar '26

Rishita Mall

Company Secretary & Compliance Officer

—

Shailja

Non Executive Independent Director

—

Palak Chugh

Non Executive Independent Director

—

RECODE Latest News

News

10 of 10 articles

EQUITY23 Sept 2026 · 16:44

Recode Studios informs about analyst meet

EQUITY11 Sept 2026 · 10:13

Recode Studios soars on foraying into quick-commerce space with Nykaa Now

The initiative marks an important step in Recode’s omnichannel expansion, enabling faster product discovery, convenient fulfilment and wider digital reach

EQUITY10 Sept 2026 · 17:23

Recode Studios informs about press release

COMPANY10 Sept 2026 · 16:44

Recode Studios forays into quick-commerce space with Nykaa Now

The initiative marks an important step in Recode’s omnichannel expansion, enabling faster product discovery, convenient fulfilment and wider digital reach

EQUITY10 Sept 2026 · 15:56

Recode Studios informs about press release

COMPANY13 Aug 2026 · 15:38

Recode Studios opens first NewU store in Ghaziabad

The opening of the Ghaziabad store marks the beginning of a broader retail expansion strategy

COMPANY6 Aug 2026 · 15:00

Recode Studios opens seven premium retail kiosks

This strategic expansion reinforces Recode Studios' vision of building a strong omnichannel retail network across India

EQUITY21 Jul 2026 · 11:19

Recode Studios informs about press release

EQUITY15 Jul 2026 · 10:37

Recode Studios surges on inking pact to acquire up to 51% stake in Aflairza Professionals

This proposed investment marks another important step in the company’s long-term strategy of partnering with high-potential consumer brands

COMPANY15 Jul 2026 · 10:20

Recode Studios to acquire up to 51% stake in Aflairza Professionals

This proposed investment marks another important step in the company’s long-term strategy of partnering with high-potential consumer brands

Recode Studios Ltd.

Stock Overview

Price chart

Peer Comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flow

Ratios

Valuation

Profitability

Leverage & Liquidity

Returns

Shareholding Pattern

Mutual Funds Invested

Corporate Actions

Insider Trading

Sector Overview

Company Profile

Key Management

RECODE Latest News

News