Medplus Health Services Ltd vs Redtape Ltd Stock Comparison

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Last Updated on: Oct 29, 2026

Key Highlights

The Latest Trading Price of Medplus Health Services Ltd is ₹ 598.25 as of 29 Oct 15:30 . The P/E Ratio of Medplus Health Services Ltd changed from 125.8 on March 2022 to 45.8 on March 2026 . This represents a CAGR of -18.30% over 5 yearsThe P/E Ratio of Redtape Ltd changed from 51.6 on March 2024 to 25.2 on March 2026 . This represents a CAGR of -21.25% over 3 years The Market Cap of Medplus Health Services Ltd changed from ₹ 12052 crore on March 2022 to ₹ 10057 crore on March 2026 . This represents a CAGR of -3.55% over 5 yearsThe Market Cap of Redtape Ltd changed from ₹ 9085 crore on March 2024 to ₹ 6067 crore on March 2026 . This represents a CAGR of -12.59% over 3 years The revenue of Medplus Health Services Ltd for the Sep '26 is ₹ 2057 crore as compare to the Jun '26 revenue of ₹ 1899 crore. This represent the growth of 8.33% The revenue of Redtape Ltd for the Sep '26 is ₹ 0 crore as compare to the Jun '26 revenue of ₹ 496.42 crore. This represent the decline of -100% The ebitda of Medplus Health Services Ltd for the Sep '26 is ₹ 190.6 crore as compare to the Jun '26 ebitda of ₹ 153.07 crore. This represent the growth of 24.52% The ebitda of Redtape Ltd for the Sep '26 is ₹ 0 crore as compare to the Jun '26 ebitda of ₹ 98.67 crore. This represent the decline of -100% The net profit of Medplus Health Services Ltd changed from ₹ 14.34 crore to ₹ 56.07 crore over 10 quarters. This represents a CAGR of 72.53% The net profit of Redtape Ltd changed from ₹ 30.64 crore to ₹ 0 crore over 10 quarters. This represents a CAGR of -100.00% The Dividend Payout of Medplus Health Services Ltd changed from 0 % on March 2021 to 0 % on March 2026 . This represents a CAGR of 0.0% over 6 yearsThe Dividend Payout of Redtape Ltd changed from 67.42 % on March 2025 to 45.28 % on March 2026 . This represents a CAGR of -18.05% over 2 years .

About Medplus Health Services Ltd

MedPlus Health Services Limited was incorporated as a Private Company as 'MedPlus Health Services Private Limited' at Hyderabad on 30 November, 2006.
The Company converted its status from a Private to a Public Company and name of the Company was changed to MedPlus Health Services Limited on 28 June 2021. The Company is primarily engaged in the business of provision of diagnostic services, pathological services and laboratory testing services.
Further, the Company is also engaged in the manufacturing, purchase and sale of pharmaceuticals and other general items and rendering of management services to group companies.
The Company now has 12 Diagnostics Centers in Hyderabad. On 21 January 2021, the Company has issued and allotted 254674 equity shares of Rs 10 each as bonus shares to the shareholders in the ratio of 1.

About Redtape Ltd

Redtape Limited was incorporated on December 8, 2021 as a wholly owned subsidiary of Mirza International Limited.
Prior to the Scheme, the Company engaged in design, development, manufacturing, marketing, trading, export and retailing of leather footwear, sports shoes, garments & apparels, leather goods and accessories, and other related activities. In 2023-24, the Composite Scheme of Arrangement of RTS Fashions Private Limited, Mirza International Limited, the Company and their respective shareholders and creditors, which inter-alia, provided for (a) Amalgamation of RTS Fashions Private Limited with Mirza International Limited; and (b) De-merger of Branded Business/ Redtape Business of Mirza International Limited into the Company on a going concern basis.
The said Scheme was sanctioned and thereafter, the Branded Business/ Redtape Business of Mirza International Ltd got demerged into the Company w.

FAQs for the comparison of Medplus Health Services Ltd and Redtape Ltd

Which company has a larger market capitalization, Medplus Health Services Ltd or Redtape Ltd?

Market cap of Medplus Health Services Ltd is 7,188 Cr while Market cap of Redtape Ltd is 5,821 Cr

What are the key factors driving the stock performance of Medplus Health Services Ltd and Redtape Ltd?

The stock performance of Medplus Health Services Ltd and Redtape Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Medplus Health Services Ltd and Redtape Ltd?

As of October 29, 2026, the Medplus Health Services Ltd stock price is INR ₹598.25. On the other hand, Redtape Ltd stock price is INR ₹105.3.

How do dividend payouts of Medplus Health Services Ltd and Redtape Ltd compare?

To compare the dividend payouts of Medplus Health Services Ltd and Redtape Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.