Raymond share price: May 2026 results, key levels, valuation

What is driving focus on Raymond right now

Raymond has been in focus after sharp short-term moves in its share price and a packed calendar of corporate events. A board meeting is scheduled for May 5, 2026 at 11:30 IST to review and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, as per the company filing referenced in the data.

At the same time, analyst models have been updated. One set of notes shows analysts revising fair value to ₹655 from ₹739, citing changes to assumptions around revenue growth, profit margins and future P/E multiples. Other narrative updates kept the fair value estimate steady at ₹739, but described minor tweaks to model inputs, indicating mixed changes across updates rather than a single directional consensus.

Latest price snapshot and recent performance

The dataset shows multiple “current” prices across different timestamps and sources. One price snapshot lists ₹453.55 as the current share price alongside a 52-week high of ₹783.90 and 52-week low of ₹320.00. Another snapshot shows Raymond at ₹502.55 on 18 May 2026 (15:56), up ₹49.00 (10.80%) on the day.

A separate news item for 18 May 2026 reports that while the Sensex fell 1.28%, Raymond surged 9.52% to an intraday high of ₹499.95, described as an 11.16 percentage point outperformance versus the Realty sector on that day. Over longer periods, one historical table shows -28.90% over one year, -70.93% over three years and 24.02% over five years, highlighting how results vary sharply by lookback window.

The key event: May 5, 2026 board meeting on FY26 results

The May 5 board meeting is the central near-term trigger referenced. It is explicitly scheduled to approve audited results for the period ending March 31, 2026. Such meetings often become focal points for investors because they can clarify the extent of one-off items, margin movements, and segment-level performance.

The same narrative also links the May 5 meeting to valuation resets. Analysts cutting fair value from ₹739 to ₹655 attributed it to updated assumptions for growth, margins, and terminal multiples, rather than a single point change.

Analyst fair value and what changed in assumptions

Two distinct fair value markers are repeatedly cited: ₹739 (kept steady in multiple updates) and ₹655 (a revised estimate from ₹739). The description of the revisions points to changes in:

• Revenue growth assumptions
• Profit margin assumptions
• Future P/E multiples

Because both “steady” and “revised down” updates appear in the same dataset, the most defensible takeaway is that model inputs have been actively adjusted around upcoming result milestones, rather than a uniform shift across all updates.

Profitability flags: margins and one-off items

The risk section calls out pressure on profitability. It states profit margins (1.5%) are lower than last year (2.4%), and also flags large one-off items impacting financial results. These points matter because, even when revenue grows, one-off costs or accounting items can distort reported earnings and affect valuation multiples.

One financial snapshot reports a net profit margin of 1.46% and a gross margin of 45.03%, reinforcing the idea that the company’s profitability at the bottom line is thin relative to its gross profitability.

Financial snapshot (normalised to ₹ crore)

The dataset includes a TTM financial summary that can be normalised into ₹ crore for easier comparison.

• Revenue (TTM): ₹23.12b, which equals ₹2,312 crore
• Cost of revenue: ₹12.71b, which equals ₹1,271 crore
• Gross profit: ₹10.41b, which equals ₹1,041 crore
• Earnings (TTM): ₹337.40m, which equals ₹33.74 crore

It also lists a market cap of ₹30.18b, which equals ₹3,018 crore. Other parts of the dataset show market cap figures such as ₹3,346 crore, ₹2,366.36 crore, and ₹9,472.78 crore, indicating differences across feeds or time points.

Shareholding and governance updates

One shareholding note states: promoter holding remains unchanged at 48.87% in the Mar 2026 quarter. Governance-related board meeting notes also appear for December 29, 2025, when the board was scheduled to consider appointing Mr. Tikka Singh as an Additional Non-Executive Independent Director for a five-year term starting January 1, 2026.

Together, these datapoints suggest stability in promoter ownership in the most recent quarter captured, alongside governance actions that were placed before the board.

Technical indicators and volatility signals

The technical section provides a mixed picture. Indicators listed include:

• RSI(14): 51.34 (Neutral)
• MACD(12,26): -4.90 (Bearish)
• ADX(14): 29.88 (Strong Trend)
• ATR(14): 24.25 (Less Volatile)
• Stoch RSI(14): 0.00 (Oversold)

The volatility commentary adds that the share price has been volatile over the past 3 months compared with the Indian market. It also states weekly volatility is 9%, stable over the past year, but still higher than 75% of Indian stocks.

Seasonality and short-term return patterns

The seasonality analysis says that in May, Raymond delivered positive returns in 9 out of 18 years. That is a roughly even split historically and should be treated as context, not a signal.

Another table compares shareholder returns and notes that Raymond underperformed both the Indian Machinery industry and the Indian market over one year in that dataset: -28.9% for Raymond versus 13.3% for the industry and -1.2% for the market.

Key numbers table

Market impact: why these datapoints matter

For investors, the May 5 results meeting is important because the dataset already flags thin margins and one-off items, which can change the market’s view of sustainable earnings. In a low-margin situation, small changes in operating costs or exceptional items can materially swing net profit and, by extension, valuation.

The day of sharp outperformance versus a falling Sensex shows that stock-specific factors can dominate broader market direction. But the same dataset also highlights one-year underperformance and elevated volatility, suggesting that short-term rallies have occurred within a wider range of outcomes.

Analysis: balancing low valuation signals with earnings quality

Several valuation markers in the dataset appear optically low, with references to P/E ratios such as 0.60, 0.43, and 2.00 in different sections. At the same time, profitability metrics and risk flags point to earnings quality questions, especially when margins are around 1.5% and one-off items are described as significant.

This is also consistent with the analyst move from ₹739 to ₹655 in at least one update, which explicitly ties the change to revised assumptions on growth, margins, and future multiples. The practical takeaway is that the market may be weighing headline valuation against the durability of profits.

Conclusion

Raymond’s near-term narrative is centred on the May 5, 2026 board meeting to approve audited FY26 results, alongside analyst fair value updates ranging from ₹739 (steady in several updates) to a revised ₹655 in another. The dataset also highlights thin margins, volatility, and the influence of one-off items. The next concrete datapoint for investors is the audited result set for the year ended March 31, 2026, which should clarify how much of recent performance is repeatable.