Earnings Call/Transcript
Raymond Ltd Earnings Call Transcript Filed
Raymond Ltd filed the transcript of its October 28, 2026 earnings call covering Q2 and H1 FY27 results.
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Realty
Residential, Commercial Projects
7,809 Cr
High Risk
95.3
33.6
2.0
2.5
1,338.30
320.40
Sales CAGR
Profit CAGR
ROE
ROCE

Raymond Ltd (RAYMOND) is currently trading at 1,148.25 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Raymond Limited is transitioning from its historical textiles and lifestyle identity into a precision-engineering company focused on automotive components, aerospace parts, defense components, and related manufacturing, while its broader corporate history includes apparel, real estate, tools, and aviation. The latest call primarily concerns the engineering businesses following the group's restructuring and lifestyle demerger. Q2 FY27 consolidated income rose 21% year-on-year to INR683 crores, while EBITDA reached INR103 crores at a 15.1% margin. H1 income increased 17% to INR1,311 crores, with EBITDA of INR203 crores and a 15.5% margin, demonstrating operating leverage despite elevated raw-material, freight, and logistics costs. Aerospace is the standout growth engine: Q2 revenue increased 72% to INR139 crores, with a 21% EBITDA margin. Newly commissioned capacity is ramping across engine modules, actuation systems, and structural components, while higher shipset value and customer migration toward integrated subassemblies are increasing both content and strategic importance. The company has launched an automotive aftermarket business with approximately 800 part numbers, using OEM-grade manufacturing and white-label distribution. Management expects the segment to offer better margins than original-equipment business in many cases, although it remains early-stage and current revenue and FY27–FY28 targets were not disclosed. Raymond Limited is pursuing a high-mix, low-volume manufacturing strategy supported by frequent product development, with roughly 4% of revenue spent on development and expensed through the profit and loss account. Its expanding aerospace qualifications, long platform lives, and planned Andhra integration create substantial opportunity, but execution and customer approvals remain critical.
Over the past 52 weeks, Raymond Ltd has traded between a low of ₹320.40 and a high of ₹1,338.30. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Raymond Ltd has a market capitalization of approximately 7,809.43. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Raymond Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 95.31 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 7,809.43 Cr, Raymond Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Raymond Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Raymond Ltd is 95.31. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
Raymond Limited reported 21% year-on-year growth in total income for Q2 FY27. The available earnings-call highlights did not disclose the absolute total-income amount for the quarter.
Raymond says it transitioned from high-pressure short-term debt to stable long-term financing. Long-term debt increased from Rs 644 crore at 31 March 2020 to Rs 1,975 crore at 31 March 2026, while short-term debt fell from Rs 1,786 crore to Rs 1,237 crore.
Raymond reported Rs 262 crore of aerospace and defence revenue in H1 FY27. This was Rs 94 crore higher than the Rs 168 crore reported in H1 FY26, representing growth of 56%.
Raymond Realty said sustained sales velocity in its existing portfolio drove H1 FY27 booking value to Rs 1,602 crore. That was 111% higher than Rs 760 crore in H1 FY26, even though the company made no new project launches during the half year.
Earnings Call/Transcript
Raymond Ltd filed the transcript of its October 28, 2026 earnings call covering Q2 and H1 FY27 results.
Investor Presentation
Raymond Limited reported portfolio EBITDA growth of 11% in Q2 FY2027 and 15% in H1 FY2027, with consolidated net debt/EBITDA at 0.43x.
Investor Presentation
Raymond Ltd will participate in Ashika Group’s Institutional Equities Conference on November 5, 2026, through one-to-one and group meetings in Mumbai.
AGM/EGM Notice
Raymond published newspaper notices regarding its postal ballot and remote e-voting facility for members.
AGM/EGM Notice
Raymond has issued a postal ballot notice seeking shareholder approval to change its name to Raymond Aerospace, Defence & Engineering Limited. E-voting runs from November 1 to November 30, 2026.
Regulatory/Compliance Filing
Raymond Ltd allotted 1,56,784 equity shares to its ESOP Trust under the Raymond Employees Stock Option Plan 2023, increasing paid-up capital to Rs. 66.73 crore.