Good afternoon :)
Recode Studios Ltd

Recode Studios Ltd

RECODE Share Price

BSE
360.001.12% (+4.00)
High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
Loading...
1D
1W
1M
1Y
5Y
Max
SIP

With a market cap of ₹383 cr, stock is ranked 2,182

Stock is 4.75x as volatile as Nifty

RECODE Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

High

Strong financials and growth story over the years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹383 cr, stock is ranked 2,182

Stock is 4.75x as volatile as Nifty

RECODE Performance & Key Metrics

RECODE Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
34.1219.16
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
34.497.341.80%

RECODE Analyst Ratings & Forecast

Analyst Ratings data is currently unavailable for this stock

Price Upside

Earnings Growth

Rev. Growth

RECODE Company Profile

Recode Studios Limited is an India-based beauty and personal care company engaged in branding, procurement, and distribution of makeup, skincare, body care, and beauty accessories through COCO and FOFO stores, e-commerce platforms, website, and mobile app.

RECODE Similar Stocks (Peers)

Compare with peers Compare with peers 

RECODE Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
59.22
59.22
1Y Return
11.69%
11.69%
Buy Reco %
86.84
86.84
PE Ratio
48.38
48.38
1Y Return
28.94%
28.94%
Buy Reco %
81.82
81.82
PE Ratio
37.00
37.00
1Y Return
26.30%
26.30%
Buy Reco %
62.16
62.16
PE Ratio
39.36
39.36
1Y Return
18.93%
18.93%
Buy Reco %
40.00
40.00
PE Ratio
329.24
329.24
1Y Return
539.79%
539.79%
Buy Reco %
0.00
0.00
Compare with Peers

RECODE Sentiment Analysis

RECODE Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

RECODE Stock Summary · June 2026

Management opened the first post‑IPO investor call by emphasizing strong FY26 results and a growth‑first agenda, reporting FY26 revenue of INR 80 crore and EBITDA of INR 16 crore (20% margin). Leadership conveyed a confident, expansionary tone, saying proceeds from the IPO will be deployed to working capital and product availability while they reinvest incremental profitability into marketing and customer acquisition via influencers and digital spend. Strategic priorities include accelerating market penetration, growing the direct website channel, premiumizing the product mix with new higher‑ticket SKUs, and reshaping physical fulfilment from FOFO franchises toward lower‑cost dark stores that also serve as local distribution hubs. Management acknowledged tensions from stretched working capital and rising receivables tied to channel expansion and extended payment terms, and noted prior quick‑commerce pilots suffered poor unit economics even as they build selective rapid‑delivery capability. They reiterated an explicit target of at least 50% revenue growth by 2027, expecting to achieve that pace in H1 given current momentum, and maintained a growth‑first guidance with comparable margins over the next three years.

RECODE Stock Growth Drivers
RECODE Stock Growth Drivers
7
  • IPO milestone and strengthened balance sheet enabling growth

    The company completed an IPO and publicly listed—its first investor conference since listing—transforming prior media

  • Strong FY26 financial performance and clear growth targets

    FY26 delivered pronounced financial progress with annual revenue rising to INR 80 crore from INR

RECODE Stock Challenges
RECODE Stock Challenges
5
  • Working-capital stress from rising receivables and channel credit

    The company is exhibiting clear working-capital strain as growth forces higher inventory and extended credit

  • Unprofitable and uncertain quick‑commerce/channel economics

    Prior quick‑commerce experiments with major platforms produced poor unit economics and the company has largely

RECODE Forecast

RECODE Forecasts

empty forecast

Forecast data is currently unavailable

Forecast data is currently unavailable

Price

Price Upside

Revenue

Revenue Growth

Earnings

Earnings Per Share

RECODE

RECODE

Income

Balance Sheet

Cash Flow

RECODE Income Statement

RECODE Income Statement

Loading...

Quarterjun 2025sep 2025dec 2025mar 2026
Total Revenue19.8017.1620.4922.61
Operating & Other expensessubtract16.2714.7413.0419.36
Depreciation/Amortizationsubtract0.170.240.260.27
Interest & Other Itemssubtract0.220.140.210.13
Taxes & Other Itemssubtract0.800.501.790.69
EPS2.881.886.362.66

RECODE Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2026FY 2026

Annual report

PDF
 

RECODE Stock Peers

RECODE Past Performance & Peer Comparison

RECODE Past Performance & Peer Comparison

Comparing 3 stocks from 
Consumer StaplesFMCG - Personal Products

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Recode Studios Ltd34.1519.16
Marico Limited59.2223.220.50%
Godrej Consumer Products Ltd48.387.122.27%
Dabur India Limited37.005.942.09%

RECODE Stock Price Comparison

Compare RECODE with any stock or ETF
Compare RECODE with any stock or ETF
RECODE
Loading...

RECODE Holdings

RECODE Shareholdings

RECODE Promoter Holdings Trend

RECODE Promoter Holdings Trend

Decreased Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has decreased by 23.91%

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

RECODE Institutional Holdings Trend

RECODE Institutional Holdings Trend

No institutional holdings trend are available

Tickertape Separator

RECODE Shareholding Pattern

RECODE Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding65.02%0.26%11.99%3.41%19.33%

Dec 2025

Apr 2026

May 2026

RECODE Shareholding History

RECODE Shareholding History

Dec '25AprMay0.00%0.00%3.41%

RECODE Insider Trades & Bulk Stock Deals

RECODE Insider Trades & Bulk Stock Deals

Loading...

smallcases containing RECODE stock

smallcases containing RECODE stock

Looks like this stock is not in any smallcase yet.

RECODE Events

RECODE Events

RECODE Dividend Trend

No Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

RECODE has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

RECODE Dividend Trend

No Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

RECODE has not given any dividends in last 5 years

RECODE Upcoming Dividends

RECODE Upcoming Dividends

Cash Dividend

Ex DateEx DateSep 23, 2026

Final
Final | Div/Share: ₹0.25

Dividend/Share

0.25

Ex DateEx Date

Sep 23, 2026

RECODE Past Dividends

RECODE Past Dividends

No past dividends are available

RECODE Stock News & Opinions

RECODE Stock News & Opinions

Corporate
Corporate
Recode Studios Limited’s board approved a Rs 26.61 lakh dividend for the fiscal year

RECODE STUDIOS LIMITED informed the BSE that its board of directors recommended a final dividend of Rs 0.25 per equity share, totaling Rs 26.61 lakhs (approximate), for the financial year ended March 31, 2026, and set Wednesday, September 23, 2026, as the record date for dividend payment.

1 week agoCapital Market - Live
Corporate
Corporate
Recode Studios Limited appoints R M S G & Associates as statutory auditors for five years

RECODE STUDIOS LIMITED announced that its board approved the appointment of M/s R M S G & Associates, Chartered Accountants, New Delhi, as the company's statutory auditors for five consecutive years commencing from Financial Year 2026-27 to 2030-31, and M/s Lal Ghai & Associates as the secretarial auditors for the same period, both appointments subject to shareholder approval at the upcoming Annual General Meeting. The board also fixed September 23, 2026, as the cut-off date for electronic voting ahead of the Annual General Meeting, scheduled for September 30, 2026, via video conferencing or other audio-visual means.

1 week agoCapital Market - Live
Corporate
Corporate
Recode Studios Limited confirms Ms. Rishita Mall’s appointment as Company Secretary, effective September 1, 2026

Recode Studios Limited clarified that the Board of Directors approved the appointment of Ms. Rishita Mall (Membership No. A71581) as Company Secretary and Compliance Officer at a meeting held on September 1, 2026, correcting a previous disclosure that indicated the resolution was passed by circulation. The company confirmed the correction does not impact Ms. Mall’s appointment, which took effect September 1, 2026, and is enclosing a revised disclosure for record.

2 weeks agoCapital Market - Live
Corporate
Corporate
Recode Studios Limited confirms Ms. Rishita Mall’s Company Secretary appointment, effective September 1, 2026

Recode Studios Limited clarified that the Board of Directors approved the appointment of Ms. Rishita Mall as Company Secretary and Compliance Officer at a meeting held on September 1, 2026, correcting a previous disclosure that indicated the resolution was passed by circulation. The company stated the correction does not impact Ms. Mall’s appointment, which took effect September 1, 2026, and is accompanied by a revised disclosure.

2 weeks agoCapital Market - Live
Corporate
Corporate
Recode Studios Limited appoints Rishita Mall as Company Secretary, effective September 1, 2026

Recode Studios Limited announced that its Board of Directors approved the appointment of Ms. Rishita Mall (Membership No. A71581) as Company Secretary and Compliance Officer, effective September 1, 2026, via a resolution passed by circulation on Tuesday.

2 weeks agoCapital Market - Live
Corporate
Corporate
Recode Studios Limited appoints Rishita Mall as Company Secretary, effective September 1, 2026

Recode Studios Limited announced that its Board of Directors approved the appointment of Ms. Rishita Mall (Membership No. A71581) as Company Secretary and Compliance Officer, effective September 1, 2026, via a resolution passed by circulation on Tuesday.

2 weeks agoCapital Market - Live
Corporate
Corporate
Mukta Ahuja resigns from Recode Studios roles, effective August 31, 2026

Recode Studios Limited informed the BSE that Ms. Mukta Ahuja has resigned from her positions as Company Secretary, Compliance Officer, and Key Managerial Personnel, effective August 31, 2026, due to pre-occupation with other assignments.

3 weeks agoCapital Market - Live
Corporate
Corporate
Recode Studios Limited appoints Gauri Gokhale as Secretarial Auditor for fiscal year 2026

Recode Studios Limited announced on August 25, 2026, that its Board of Directors approved the appointment of Ms. Gauri Hemant Gokhale, Company Secretary (Membership No. A45512), as the Secretarial Auditor for the financial year ending March 31, 2026.

3 weeks agoCapital Market - Live
Corporate
Corporate
Recode Studios Limited appoints Gauri Gokhale as Secretarial Auditor through March 2026

Recode Studios Limited announced that its Board of Directors approved the appointment of Ms. Gauri Hemant Gokhale, Membership No. A45512, as the Secretarial Auditor for the financial year ending March 31, 2026, during a board meeting held on August 25, 2026.

3 weeks agoCapital Market - Live
Corporate
Corporate
Recode Studios Limited names Garvit Bansal COO, son of Managing Director Dheeraj Bansal

Recode Studios Limited announced the appointment of Mr. Garvit Bansal as Chief Operating Officer and Senior Management Personnel, effective August 24, 2026; Mr. Bansal is the son of Managing Director Mr. Dheeraj Bansal.

3 weeks agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. The share price of RECODE as on 18th September 2026 is ₹360. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. The past returns of Recode Studios Ltd (RECODE) share are
    • Past 1 week: -5.26%
    • Past 1 month: 20.08%
    • Past 3 months: 83.67%
    • Past 6 months: 60.89%
    • Past 1 year: 60.89%
    • Past 3 years: N/A%
    • Past 5 years: 60.89%

  3. Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Recode Studios Ltd (RECODE) is ₹383.20 Cr as of 18th September 2026.

  4. The 52-week high of Recode Studios Ltd (RECODE) is ₹380 and the 52-week low is ₹171.

  5. The P/E (price-to-earnings) ratio of Recode Studios Ltd (RECODE) is 34.15. The P/B (price-to-book) ratio is 19.16.

  6. Recode Studios Ltd (RECODE) belongs to the Consumer Staples sector & FMCG - Personal Products sub-sector.

  7. You can directly buy Recode Studios Ltd (RECODE) shares on Tickertape. Simply sign up, connect your demat account and place your order.