3 Footwear and Accessories Brand, Mid Priced Hotel Chain and Gold and Diamond Jewellery Manufacturer Stocks With a Strong Future Roadmap: Redtape, Lemon Tree Hotels and Sky Gold and Diamonds
- October 30, 2026
- Posted by: Ankit Jaiswal
- Category: Best Stocks
Redtape, Lemon Tree Hotels and Sky Gold and Diamonds: ROE of 16.3% to 23.6% and FY22 to FY26 revenue CAGR of 37.7% to 70.3%. Prices as of 29 Oct 2026.
Quick Answer
The three footwear, stay and gold jewellery stocks to watch are Redtape, Lemon Tree Hotels and Sky Gold and Diamonds. Their return on equity ranges from 16.3% to 23.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 37.7% to 70.3%. Redtape leads on both return on equity at 23.6% and revenue growth at 70.3% a year. Prices are based on the 29 October 2026 close, and this article is educational, not investment advice.
Footwear, stay and gold jewellery stocks give investors a way to track businesses that sit close to everyday demand in India. Redtape, Lemon Tree Hotels and Sky Gold and Diamonds cover a footwear and accessories brand, a mid priced hotel chain and a gold and diamond jewellery manufacturer.
This list covers three footwear, stay and gold jewellery stocks with complete current figures: Redtape, Lemon Tree Hotels and Sky Gold and Diamonds. Every figure comes from the latest reported financials and the 29 October 2026 market close. Companies without complete current figures were left out.
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What Are Footwear, Stay and Gold Jewellery Stocks?
Footwear, stay and gold jewellery stocks are listed companies that sell casual, formal and sports footwear through stores and online, run hotels under several brands and make gold and diamond jewellery for leading retail chains. Their earnings depend on store sales, hotel occupancy and festive demand.
Footwear, Stay and Gold Jewellery Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Redtape | 105.21 | 6,169 | 25.0 | 63.4 | 23.6 | 0.70 |
| Lemon Tree Hotels | 111.34 | 8,849 | 29.7 | 37.9 | 16.3 | 1.44 |
| Sky Gold and Diamonds | 876.45 | 14,483 | 35.7 | 44.2 | 23.0 | 0.73 |
On valuation, all three trade at a P/E below their industry P/E, which means the market is pricing them at a lower multiple than their peer group. Readers comparing footwear, stay and gold jewellery stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Footwear, Stay and Gold Jewellery Stocks Have a Strong Roadmap in India?
Footwear, stay and gold jewellery stocks have a strong roadmap in India because rising incomes, growing domestic travel and a long wedding and festival season keep widening the market for these lifestyle companies.
- Brand shift. Shoppers move toward branded footwear.
- Domestic travel. More trips lift hotel occupancy.
- Festive demand. Weddings and holidays support jewellery orders.
Why Redtape Features Among These Footwear, Stay and Gold Jewellery Stocks
Among the footwear, stay and gold jewellery stocks on this list, Redtape, an Indian footwear and accessories brand, sells casual, formal and sports footwear through exclusive stores, multi-brand outlets and online channels.
In the June 2026 quarter, revenue grew 4.8% year on year to Rs 496 crore, while net profit rose 15.2% to Rs 44.5 crore. Revenue rose from Rs 303 crore in FY22 to Rs 2,552 crore in FY26, a compound annual growth rate of 70.3%.
Net profit grew from Rs 29.0 crore in FY22 to Rs 241 crore in FY26, which works out to a compound annual growth rate of 69.6%. The company has a return on equity of 23.6%, a debt to equity ratio of 0.70 and a market capitalisation of Rs 6,169 crore. The stock trades at a P/E of 25.0, below the industry P/E of 63.4.
Roadmap: Growth is driven by store expansion, higher online sales and a broader product range, including apparel and accessories. A shift towards branded footwear in smaller cities widens its customer base.
What to watch: Follow same-store sales and the pace of new store openings.
Why Lemon Tree Hotels Features Among These Footwear, Stay and Gold Jewellery Stocks
Among the footwear, stay and gold shares on this list, Lemon Tree Hotels is one of India’s largest mid-priced hotel chains, operating and managing hotels under the Lemon Tree, Red Fox, Aurika and Keys brands.
The company has a return on equity of 16.3%, a debt to equity ratio of 1.44 and a market capitalisation of Rs 8,849 crore. The stock trades at a P/E of 29.7, below the industry P/E of 37.9.
Revenue rose from Rs 408 crore in FY22 to Rs 1,465 crore in FY26, a compound annual growth rate of 37.7%. Net profit grew from Rs 141 crore in FY23 to Rs 288 crore in FY26, which works out to a compound annual growth rate of 27.1%. In the June 2026 quarter, revenue grew 9.2% year on year to Rs 347 crore, while net profit rose 19.2% to Rs 57.3 crore.
Roadmap: The company is adding rooms mainly through management contracts, which grow its footprint with limited capital outlay. Rising domestic travel and a focus on the mid-priced segment support healthy occupancy.
What to watch: Monitor new room signings and openings and average room rate trends.
Why Sky Gold and Diamonds Features Among These Footwear, Stay and Gold Jewellery Stocks
Among the three companies on this list, Sky Gold and Diamonds is a Navi Mumbai-based manufacturer of gold and diamond jewellery that supplies leading jewellery retail chains and also serves export customers.
Revenue rose from Rs 796 crore in FY22 to Rs 6,331 crore in FY26, a compound annual growth rate of 67.9%. Net profit grew from Rs 133 crore in FY25 to Rs 282 crore in FY26, a rise of 112.4%.
The company has a return on equity of 23.0%, a debt to equity ratio of 0.73 and a market capitalisation of Rs 14,483 crore. The stock trades at a P/E of 35.7, below the industry P/E of 44.2.
Roadmap: The company is growing its supply to organised jewellery retailers as the market shifts toward branded jewellery. Wide design capability and large-scale manufacturing support repeat orders.
What to watch: Track retailer order flow, gold price movements and festive season demand.
Redtape vs Lemon Tree Hotels vs Sky Gold and Diamonds on Key Financials
The table below sets the three footwear, stay and gold jewellery stocks side by side on revenue, profit and margin, using reported figures.
| Company | FY22 Revenue (Rs Cr) | FY26 Revenue (Rs Cr) | Revenue CAGR (FY22-FY26) | FY26 Net Profit (Rs Cr) | FY26 Net Margin |
|---|---|---|---|---|---|
| Redtape | 303 | 2,552 | 70.3% | 241 | 9.4% |
| Lemon Tree Hotels | 408 | 1,465 | 37.7% | 288 | 19.7% |
| Sky Gold and Diamonds | 796 | 6,331 | 67.9% | 282 | 4.5% |
Redtape posts the highest return on equity in this group at 23.6%. Sky Gold and Diamonds has the largest FY26 revenue at Rs 6,331 crore, and Redtape shows the fastest revenue growth with a 70.3% compound annual rate. A useful habit with footwear, stay and gold jewellery stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in Footwear, Stay and Gold Jewellery Stocks
Every theme carries risks that deserve a check before any decision. For these footwear, stay and gold jewellery stocks, the main points are: Long-term footwear, stay and gold shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Footfall and spending. Store sales follow consumer mood and seasons.
- Travel cycles. Bookings and occupancy follow travel demand.
- Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them.
Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.
Use the Univest Stock Screener to filter footwear, stay and gold jewellery stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Footwear, Stay and Gold Jewellery Stocks
Footwear, stay and gold jewellery stocks work best when investors track growth, valuation and return on equity side by side. Redtape, Lemon Tree Hotels and Sky Gold and Diamonds each have a clear plan to grow. Based on the 29 October 2026 close, Redtape trades at Rs 105.21, Lemon Tree Hotels at Rs 111.34 and Sky Gold and Diamonds at Rs 876.45.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
What are footwear, stay and gold jewellery stocks?
Ans. Footwear, stay and gold jewellery stocks are listed companies that sell casual, formal and sports footwear through stores and online, run hotels under several brands and make gold and diamond jewellery for leading retail chains. Their earnings depend on store sales, hotel occupancy and festive demand. This list looks at three of them, Redtape, Lemon Tree Hotels and Sky Gold and Diamonds, using reported FY22 to FY26 financials and the 29 October 2026 closing prices.
Which footwear, stay and gold jewellery stocks are covered in this list?
Ans. This list covers Redtape, Lemon Tree Hotels and Sky Gold and Diamonds. Based on the 29 October 2026 close, Redtape traded at Rs 105.21, Lemon Tree Hotels at Rs 111.34 and Sky Gold and Diamonds at Rs 876.45. Their return on equity ranges from 16.3% to 23.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 37.7% to 70.3%.
Why do footwear, stay and gold jewellery stocks have a strong future roadmap in India?
Ans. Footwear, stay and gold jewellery stocks have a strong roadmap in India because rising incomes, growing domestic travel and a long wedding and festival season keep widening the market for these lifestyle companies. The main drivers are as follows. Brand shift. Shoppers move toward branded footwear. Domestic travel. More trips lift hotel occupancy. Festive demand. Weddings and holidays support jewellery orders. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Redtape performed financially?
Ans. Revenue rose from Rs 303 crore in FY22 to Rs 2,552 crore in FY26, a compound annual growth rate of 70.3%. Net profit grew from Rs 29.0 crore in FY22 to Rs 241 crore in FY26, which works out to a compound annual growth rate of 69.6%. In the June 2026 quarter, revenue grew 4.8% year on year to Rs 496 crore, while net profit rose 15.2% to Rs 44.5 crore. The company has a return on equity of 23.6%, a debt to equity ratio of 0.70 and a market capitalisation of Rs 6,169 crore. The stock trades at a P/E of 25.0, below the industry P/E of 63.4. Looking ahead, growth is driven by store expansion, higher online sales and a broader product range, including apparel and accessories. A shift towards branded footwear in smaller cities widens its customer base.
How has Lemon Tree Hotels performed financially?
Ans. Revenue rose from Rs 408 crore in FY22 to Rs 1,465 crore in FY26, a compound annual growth rate of 37.7%. Net profit grew from Rs 141 crore in FY23 to Rs 288 crore in FY26, which works out to a compound annual growth rate of 27.1%. In the June 2026 quarter, revenue grew 9.2% year on year to Rs 347 crore, while net profit rose 19.2% to Rs 57.3 crore. The company has a return on equity of 16.3%, a debt to equity ratio of 1.44 and a market capitalisation of Rs 8,849 crore. The stock trades at a P/E of 29.7, below the industry P/E of 37.9. Looking ahead, the company is adding rooms mainly through management contracts, which grow its footprint with limited capital outlay. Rising domestic travel and a focus on the mid-priced segment support healthy occupancy.
How has Sky Gold and Diamonds performed financially?
Ans. Revenue rose from Rs 796 crore in FY22 to Rs 6,331 crore in FY26, a compound annual growth rate of 67.9%. Net profit grew from Rs 133 crore in FY25 to Rs 282 crore in FY26, a rise of 112.4%. The company has a return on equity of 23.0%, a debt to equity ratio of 0.73 and a market capitalisation of Rs 14,483 crore. The stock trades at a P/E of 35.7, below the industry P/E of 44.2. Looking ahead, the company is growing its supply to organised jewellery retailers as the market shifts toward branded jewellery. Wide design capability and large-scale manufacturing support repeat orders.
What risks should investors check before buying footwear, stay and gold jewellery stocks?
Ans. Investors should check a few risks before buying footwear, stay and gold jewellery stocks. Footfall and spending. Store sales follow consumer mood and seasons. Travel cycles. Bookings and occupancy follow travel demand. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.
Is this list of footwear, stay and gold jewellery stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 29 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.
