CONSISTENT PERFORMENCE 2015-16 2014-15 2013-14 2012-13 2011-12 2010-11
AMOUNT (In Crores)            
GROSS INCOME 928.72 918.99 707.35 643.73 556.85 485.69
PROFIT BEFORE TAX 115.82 78.73 67.78 64.39 51.56 57.49
PROFIT AFTER TAX 78.09 51.16 43.37 43.44 35.31 39.19
DIVIDEND (In %) 25 25 25 25 25 25
DIVIDEND PAYOUT RATIO (In %) 6.93 9.1 10.7 10.68 15.26 13.8
NET WORTH 445.62 312.51 286.55 251.29 206.79 178.55
GROSS FIXED ASSETS 545.98 488.91 440.8 371.06 325.95 274.81
  • Whether you go to Harrods in London, Youth works in Australia, Edgars in South Africa, Shoe Mart in Dubai, Blue Waters, TK Maxx USC, T2, Capo in UK, chances are your attention will be drawn towards stylish Red Tape shoes merchandised in these outlets.

    Today, Mirza International Ltd. is one of the largest exporters of leather footwear and an established branded player in UK. A market where it sells almost 70 per cent of its shoe production and where its products are retailed at almost 300 prime outlets.

    A market, where, nearly 8 per cent of its total exports to UK are sold under the Company's own brands “Red Tape” and “Oaktrak” while the remaining footwear is supplied to reputed global distributors and retailers such as ASDA, Brantano, Stylo Barrat, Lloyds Shoe Co and Shoe Zone.

    And where, in order to stay abreast of the latest fashion trends and reduce time to market, the Company has set up a central design studio to imbibe emerging trends in its product portfolio.

    This probably explains why the Company has won international accolades for its designs.

    From the likes of Drapers, a British fashion business weekly, which in its survey adjudged Mirza Tanners Ltd. leading brand 'Red Tape' as the third best selling brand in England and among the top five boot brands in the UK.

    Wal-Mart also awarded the Company's manufacturing facilities a certification for being eco-friendly which has helped it increase sales to multinational retail chains.