5
Recode Studios
544755 BSE
Recode Studios
Fast Moving Consumer Goods BSE: 544755 Personal Products
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Company has a good return on equity (ROE) track record: 3 Years ROE 55.1%
Growth Rate
Revenue Growth
67% higher than
3Y
Net Income Growth
240% higher than
3Y
Quarterly Results
| Particulars | Mar 2025 | Mar 2026 |
|---|---|---|
| Sales | 29 | 43 |
| Expenses | 25 | 32 |
| Operating Profit | 4 | 11 |
| OPM % | 12% | 25% |
| Other Income | 0 | 0 |
| Interest | 1 | 0 |
| Depreciation | 0 | 1 |
| PBT | 3 | 10 |
| Tax % | 34% | 25% |
| Net Profit | 2 | 7 |
| EPS in Rs | 1,731 | 9.02 |
Profit & Loss
| Particulars | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 22 | 37 | 48 | 80 |
| Expenses | 21 | 35 | 42 | 63 |
| Operating Profit | 1 | 2 | 6 | 17 |
| OPM % | 7% | 4.6% | 13% | 21% |
| Other Income | 0 | 0 | 0 | 0 |
| Interest | 0 | 1 | 1 | 1 |
| Depreciation | 0 | 1 | 1 | 1 |
| PBT | 1 | 0 | 4 | 15 |
| Tax % | 26% | 26% | 26% | 25% |
| Net Profit | 1 | 0 | 3 | 11 |
| EPS in Rs | 663 | 260 | 3,173 | 13.78 |
| Div. Payout % | 0% | 0% | 0% | 2% |
Balance Sheet
| Particulars | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 8 |
| Reserves | 5 | 5 | 9 | 12 |
| Borrowings | 4 | 8 | 8 | 6 |
| Other Liabilities | 4 | 3 | 7 | 9 |
| Total Liabilities | 13 | 17 | 23 | 35 |
| Fixed Assets | 1 | 2 | 2 | 3 |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| Other Assets | 12 | 15 | 21 | 32 |
| Total Assets | 13 | 17 | 23 | 35 |
Cash Flow
| Particulars | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Operating | -5 | -2 | 3 | 4 |
| Investing | -1 | -2 | -1 | -2 |
| Financing | 6 | 3 | -1 | -2 |
| Net Cash Flow | 0 | 0 | 1 | 0 |
| Free Cash Flow | -6 | -3 | 2 | 3 |
| CFO/OP | -342 | -90 | 63 | 73 |
Ratios
| Particulars | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Debtor Days | 54 | 59 | 62 | 70 |
| Inventory Days | 177 | 134 | 171 | 128 |
| Days Payable | 89 | 30 | 77 | 56 |
| Cash Conversion Cycle | 142 | 163 | 155 | 142 |
| Working Capital Days | 94 | 59 | 60 | 75 |
| ROCE % | — | 12% | 38% | 74% |
Documents
1
Announcement under Regulation 30 (LODR)-Press Release / Media Release
10 Sep - Recode Studios enters quick commerce via Nykaa Now and Nykaa Superstore; targets about 50% FY27 revenue growth. 10 Sep - Recode Studios enters quick commerce via Nykaa Now and Nykaa Superstore; targets about 50% FY27 revenue growth.
2
Board Meeting Outcome for Outcome Of Board Meeting Held On 30Th September, 2026
8 Sep - Board approved FY26 reports, AGM notice for 30 Sep 2026, and auditor appointments. 8 Sep - Board approved FY26 reports, AGM notice for 30 Sep 2026, and auditor appointments.
3
Outcome Of Board Meeting Held On 08Th September, 2026
8 Sep - Board approved FY26 report, AGM notice for 30 Sep 2026, and auditor appointments for 2026-31. 8 Sep - Board approved FY26 report, AGM notice for 30 Sep 2026, and auditor appointments for 2026-31.
5
Notice Of 05Th Annual General Meeting To Be Held On 30.09.2026
8 Sep - Recode Studios AGM on 30 Sep 2026; annual report for FY2025-26 circulated. 8 Sep - Recode Studios AGM on 30 Sep 2026; annual report for FY2025-26 circulated.
Frequently Asked Questions about Recode Studios
What does Recode Studios Ltd do?
Incorporated in 2021, Recode Studio is an Indian beauty and personal care company operating under the brand Recode[1]
Where is Recode Studios Ltd (544755) listed?
Recode Studios Ltd trades under code 544755 on the BSE.
Which sector does Recode Studios Ltd belong to?
Recode Studios Ltd is classified under the Fast Moving Consumer Goods sector, in the Personal Products industry.
Company Information
Incorporated in 2021, Recode Studio is an Indian beauty and personal care company operating under the brand Recode[1]
Website shop.recodestudios.com
Face Value ₹ 10
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/544755.md for Recode Studios Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.
Append .md to any Tapetide URL for the
same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live,
structured queries instead of documents, use our MCP server.