RECODE.BO · BSE
RECODE STUDIOS LIMITED
₹360
+1.12% (+₹4)
Prev. close
₹356
Volume
6,400
As of
18 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About RECODE STUDIOS LIMITED
Recode Studios Limited engages in the designing, producing, managing, and sale of beauty and cosmetics products in India. The company offers everyday makeup, face, lipsticks, foundations and concealers, palettes, powders, eyelashes and glitters, brushes, eyes, lip tint balm blusher, face washes and body care, and saver combo products. It offers personal care, skin care, and beauty accessory products. The company sells its products under the Recode brand through stores and online channels. Recode Studios Limited was founded in 2018 and is based in Ludhiana, India.
Details
Sector
Consumer Defensive
Industry
Household & Personal Products
CEO
Mr. Karan Bansal
Headquarters
Ludhiana
Employees
156
Website
shop.recodestudios.comExchange
View on BSE ↗Key stats
Market cap
₹383.20 Cr
P/E ratio (TTM)
34.1
Dividend yield
0.07%
EPS (TTM)
₹10.55
Shares float
23.05 L
Financial Performance
01 · Financials
FY23 growth needs FY22 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ₹19.74 Cr | ₹33.85 Cr | ₹46.88 Cr | ₹79.95 Cr | |
| EBITDA | ₹1.42 Cr | ₹1.73 Cr | ₹6.15 Cr | ₹16.65 Cr |
| ₹69.28 L | ₹27.43 L | ₹3.11 Cr | ₹11.21 Cr | |
| Diluted EPS | ₹0.65 | ₹0.26 | ₹2.92 | ₹13.77 |
Total expenses (as filed), Employee benefit expense, Other expenses have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ₹12.53 Cr | ₹16.73 Cr | ₹23.18 Cr | ₹35.47 Cr | |
| ₹3.79 Cr | ₹7.85 Cr | ₹7.56 Cr | ₹6.19 Cr | |
| Stockholders' equity | ₹5.20 Cr | ₹5.47 Cr | ₹8.72 Cr | ₹20.00 Cr |
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ₹-5.27 Cr | ₹-1.64 Cr | ₹3.02 Cr | ₹4.34 Cr | |
| Investing cash flow | ₹-81.42 L | ₹-1.84 Cr | ₹-99.87 L | ₹-1.80 Cr |
| ₹6.12 Cr | ₹3.19 Cr | ₹-1.38 Cr | ₹-2.04 Cr | |
| Capital expenditure | ₹-81.47 L | ₹-1.84 Cr | ₹-99.87 L | ₹-1.83 Cr |
| End cash position | ₹44.67 L | ₹16.48 L | ₹82.17 L | ₹1.32 Cr |
Debt issued, Debt repaid have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
12 · Peer Comparison
Consumer Defensive
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Hindustan Unilever Limited | ₹4.56 L Cr | ₹1,932 | 43.7 | 9.36 | 30.9% | 0.03 | +5.3% | -25.3% |
| ITC Limited | ₹3.34 L Cr | ₹262.3 | 16.8 | 4.60 | 28.5% | 0.03 | +4.8% | -36.3% |
| Nestle India Limited | ₹2.67 L Cr | ₹1,383.3 | 69.9 | 66.52 | 80.0% | 0.29 | +19.6% | +14.1% |
| Avenue Supermarts Limited | ₹2.42 L Cr | ₹3,749.9 | 79.4 | 9.89 | 12.1% | 0.10 | +16.0% | -21.2% |
| Varun Beverages Limited | ₹1.41 L Cr | ₹421.95 | 41.5 | 7.18 | 15.5% | 0.13 | +7.1% | -10.9% |
| Britannia Industries Limited | ₹1.20 L Cr | ₹4,982 | 45.7 | 23.58 | 49.6% | 0.27 | +7.5% | -18.3% |
| Marico Limited | ₹1.06 L Cr | ₹803.9 | 56.0 | 25.19 | 41.9% | 0.13 | +26.2% | +11.7% |
| TATA CONSUMER PRODUCTS LIMITED | ₹98,978.89 Cr | ₹1,013.7 | 60.4 | 4.54 | 7.1% | 0.13 | +15.2% | -10.8% |
| United Spirits Limited | ₹98,697.70 Cr | ₹1,371 | 58.5 | 11.02 | 20.5% | 0.05 | +7.8% | +3.3% |
| Godrej Consumer Products Limited | ₹89,334.52 Cr | ₹880 | 46.6 | 7.06 | 14.7% | 0.35 | +8.5% | -28.9% |
| Dabur India Limited | ₹67,765.15 Cr | ₹384.55 | 34.7 | 5.93 | 16.6% | 0.11 | +5.2% | -28.1% |
| RECODE STUDIOS LIMITED | ₹404.49 Cr | ₹380 | 36.1 | 20.22 | 56.1% | 0.31 | +65.3% | — |
Ranked by market cap within Consumer Defensive, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Concall transcripts
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
1 index
Weight is BSE’s own published index weight. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
Recode Studios soars on foraying into quick-commerce space with Nykaa Now
Recode Studios shares rose after the company entered the quick-commerce space by partnering with Nykaa Now. This collaboration allows Recode to offer its beauty and personal care products through Nykaa's 60-minute delivery service in major cities. The move expands Recode's omnichannel presence without requiring additional investment.
Rejected by Shark Tank, now Rs 350-crore cosmetics company: Recode Studios' journey from 'no deal' to...
Moneycontrol.com · 13 days ago