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Recode Studios Ltd

Recode Studios Ltd

RECODE Share Price

BSE
225.000.74% (+1.65)
High
Low
Returns
1D
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1Y
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1M
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With a market cap of ₹237 cr, stock is ranked 2,484

Stock is 4.61x 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 ₹237 cr, stock is ranked 2,484

Stock is 4.61x as volatile as Nifty

RECODE Performance & Key Metrics

RECODE Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
21.1727.110.09%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
36.917.921.61%

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
64.81
64.81
1Y Return
21.80%
21.80%
Buy Reco %
94.74
94.74
PE Ratio
59.70
59.70
1Y Return
13.09%
13.09%
Buy Reco %
85.29
85.29
PE Ratio
39.86
39.86
1Y Return
19.61%
19.61%
Buy Reco %
61.11
61.11
PE Ratio
42.63
42.63
1Y Return
7.86%
7.86%
Buy Reco %
42.11
42.11
PE Ratio
286.93
286.93
1Y Return
590.02%
590.02%
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

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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
 

RECODE Stock Peers

RECODE Past Performance & Peer Comparison

RECODE Past Performance & Peer Comparison

Comparing 3 stocks from 
Consumer StaplesFMCG - Personal Products

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Recode Studios Ltd21.1927.110.09%
Marico Ltd64.8125.410.46%
Godrej Consumer Products Ltd59.708.781.84%
Dabur India Ltd39.866.401.94%

RECODE Stock Price Comparison

Compare RECODE with any stock or ETF
Compare RECODE with any stock or ETF
RECODE
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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

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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 dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

RECODE Dividend Trend

No dividend trend available

RECODE Dividends

RECODE Dividends

Hmm, looks like data is unavailable here. Please come back after some time

RECODE Stock News & Opinions

RECODE Stock News & Opinions

Corporate
Corporate
Recode Studios to convene EGM

Recode Studios announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 11 August 2026.

2 weeks agoCapital Market - Live
Corporate
Corporate
Recode Studios to hold board meeting

Recode Studios will hold a meeting of the Board of Directors of the Company on 15 July 2026.

3 weeks agoCapital Market - Live
Corporate
Corporate
Board of Recode Studios recommends final dividend

Recode Studios announced that the Board of Directors of the Company at its meeting held on 30 May 2026, inter alia, have recommended the final dividend of Rs 0.25 per equity Share (i.e. 2.5%) , subject to the approval of the shareholders.

2 months agoCapital Market - Live
Corporate
Corporate
Recode Studios to conduct board meeting

Recode Studios will hold a meeting of the Board of Directors of the Company on 30 May 2026.

2 months agoCapital Market - Live
Spotlight
Spotlight
BSE SME Recode Studios dazzles on debut as investors chase beauty play

The scrip was listed at Rs 213.10, a 34.87% premium to the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price. The counter hit a high of Rs 223.75 and a low of Rs 213.10. About 15.29 lakh shares of the company changed hands at the counter. Recode Studios' IPO was subscribed 217.89 times. The issue opened for bidding on 5 May 2026 and it closed on 7 May 2026. The price band of the IPO is was between Rs 150 to 158 per share. The company intends to utilise the net proceeds for funding capital expenditure towards setting up a new warehouse facility at Ludhiana, Punjab, marketing and advertisement expenses to enhance brand awareness and visibility, meeting working capital requirements, and general corporate purposes. Ahead of the IPO, Recode Studios on 4 May 2026, raised Rs 12.66 crore from anchor investors. The board allotted 8.01 lakh shares at Rs 158 per share to 5 anchor investor. Recode Studio operates under the 'Recode' brand and sells beauty and personal care products through an omni-channel distribution network. The company offers makeup, skincare, body care and beauty accessories across more than 350 SKUs. Its sales channels include company-owned stores, franchise outlets, its website and app, and e-commerce platforms such as Amazon, Nykaa, Myntra and Flipkart. As of 30 September 2025, the company operated 24 stores across 14 states, including 3 COCO stores and 21 FOFO stores. Its products are manufactured through third-party contract manufacturers in India. As on 31 March 2026, the company had 156 permanent employees. The company recorded revenue from operations of Rs 57.39 crore and net profit of Rs 9.06 crore for the period ended 31 December 2025. Powered by Capital Market - Live

2 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Recode Studios Ltd (RECODE) today?

    The share price of RECODE as on 4th August 2026 is ₹225. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Recode Studios Ltd (RECODE) share?

    The past returns of Recode Studios Ltd (RECODE) share are
    • Past 1 week: 1.55%
    • Past 1 month: 12.83%
    • Past 3 months: N/A%
    • Past 6 months: -0.18%
    • Past 1 year: -0.18%
    • Past 3 years: N/A%
    • Past 5 years: -0.18%

  3. What are the peers or stocks similar to Recode Studios Ltd (RECODE)?

    The peers or stocks similar to Recode Studios Ltd (RECODE) include:

  4. What is the dividend yield % of Recode Studios Ltd (RECODE) share?

    The current dividend yield of Recode Studios Ltd (RECODE) is 0.09.

  5. What is the market cap of Recode Studios Ltd (RECODE) share?

    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 ₹237.74 Cr as of 4th August 2026.

  6. What is the 52 week high and low of Recode Studios Ltd (RECODE) share?

    The 52-week high of Recode Studios Ltd (RECODE) is ₹240 and the 52-week low is ₹171.

  7. What is the PE and PB ratio of Recode Studios Ltd (RECODE) stock?

    The P/E (price-to-earnings) ratio of Recode Studios Ltd (RECODE) is 21.19. The P/B (price-to-book) ratio is 27.11.

  8. Which sector does Recode Studios Ltd (RECODE) belong to?

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

  9. How to buy Recode Studios Ltd (RECODE) shares?

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