Raymond
- Market cap
- ₹ 7,083 Cr.
- P/E
- 42.1x
- P/B
- 2.54x
- 52-week range
- 320 – 1,339
- ROE
- 168%
- ROCE
- 3%
- Dividend yield
- 0%
- Debt / equity
- 0.37
- Sector
- Industrial Manufacturing
- Industry
- Industrial Products
- Listed on
- NSE, BSE
About
Raymond Limited is an India-based company, which is engaged in the engineering business. The Company's segments include Tools and hardware, Auto components, Precision, and Others: Job processing and non-scheduled airline operations. Its engineering business is engaged in the manufacturing and distribution of precision engineered components. The Company provides engineering, automotive, electric vehicle (EV), aerospace and defense components. Its product range includes steel files, drills, hand tools, power tool accessories and auto parts such as ring gears, flex plates and water pump bearings. The Company has a presence across international as well as domestic markets.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Industrial Products: 186 companies →Raymond against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)42.1 against a typical 30.9: pricier than most peers (1st = cheapest).118th of 184
- Sales growth+15.6% against a typical +20.3% from a year earlier.83rd of 147
- Profit growth−99.4% against a typical +9.4% from a year earlier.108th of 121
- Share price, 3 months+85% against a typical −3.7%.5th of 164
- Size₹ 7,083.4 Cr. market value against a typical ₹ 305.2 Cr. (1st = largest).15th of 176
Latest announcements
Exchange filings and their impact on the company.
- Strong Q2 with 24% revenue and 131% profit growth led by 72% aerospace surge signals faster earnings ahead.
Raymond reported Q2 FY27 consolidated revenue of Rs 655.2 crore, up 24% from last year, and profit from continuing operations of Rs 32.1 crore, up 131%. Aerospace and defence grew 72% to Rs 139.4 crore with margins improving to 13.3%, while precision technology grew 15%. The company also allotted 66.6 lakh promoter warrants at Rs 497, receiving Rs 82.7 crore upfront, and got shareholder approval for another 33.3 lakh warrants at Rs 645.
- Raymond confirmed shareholder approval for 33.3 lakh warrants to Minerva Ventures Fund for ~4.3% diluted stake.
Raymond said shareholders approved a preferential issue of 33,28,686 share warrants to Minerva Ventures Fund, a non-promoter public investor, at its October 3, 2026 meeting. The filing corrects the post-issue holding to 4.31% on a fully diluted basis including existing warrants and outstanding ESOPs, versus 4.35% earlier. There is no change in board composition or control, and the company is addressing exchange queries for in-principle approval.
- Raymond is adding interim brownfield capacity in Andhra Pradesh to capture near-term demand while its larger greenfield stays on track.
Raymond Limited said its subsidiary is setting up an additional brownfield facility near its existing Mega facility in Andhra Pradesh as an interim capacity boost to meet growing customer demand this financial year. It said its larger planned greenfield project in Andhra Pradesh is progressing as scheduled for medium to long-term growth. The two-stage expansion aims to capture near-term volumes while building scalable manufacturing in engineering, aerospace and defence.
Fund raises
QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates
| Stage | Details | |||||
|---|---|---|---|---|---|---|
| 22 Oct 2026 | Warrants | Shareholders approved | — | — | — |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 27 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 8 Sep 2026 | Fund Raising | To consider Fund Raising |
| 7 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 25 May 2026 | Fund Raising | To consider Fund Raising |
| 5 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 27 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 470 | 678 | 266 | 450 | 474 | 466 | 557 | 524 | 528 | 557 | 603 | 606 |
| Expenses | 427 | 622 | 256 | 418 | 449 | 435 | 513 | 470 | 485 | 497 | 529 | 529 |
| Operating Profit | 44 | 57 | 10 | 32 | 25 | 31 | 44 | 54 | 43 | 60 | 74 | 77 |
| OPM % | 9% | 8% | 3.7% | 7% | 5% | 7% | 8% | 10% | 8% | 11% | 12% | 13% |
| Other Income | 153 | 192 | 249 | 7,394 | 96 | 95 | 156 | 5,339 | −131 | 9 | −10 | 22 |
| Interest | 9 | 22 | 5 | 16 | 16 | 16 | 17 | 19 | 22 | 21 | 23 | 20 |
| Depreciation | 17 | 18 | 21 | 35 | 37 | 37 | 37 | 39 | 38 | 38 | 37 | 38 |
| Profit before tax | 170 | 210 | 234 | 7,375 | 68 | 73 | 146 | 5,336 | −148 | 10 | 4 | 41 |
| Tax % | 5% | 12% | 2% | 0% | 13% | 1% | 6% | 0% | −109% | 30% | −185% | 25% |
| Net Profit | 161 | 185 | 230 | 7,367 | 59 | 72 | 137 | 5,328 | 14 | 7 | 12 | 31 |
| EPS in Rs | 23.99 | 27.55 | 34.42 | 1,106.08 | 9.02 | 10.83 | 19.93 | 799.58 | 1.71 | 0.54 | 0.17 | 3.15 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −8%
- 5 Years
- −8%
- 3 Years
- −35%
- TTM
- 13%
- 10 Years
- 49%
- 5 Years
- 85%
- 3 Years
- 109%
- TTM
- 229%
- 10 Years
- 22%
- 5 Years
- 49%
- 3 Years
- 15%
- TTM
- —
- 10 Years
- 61%
- 5 Years
- 97%
- 3 Years
- 131%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Raymond | ₹ 1,045.00 | ₹ 7,083 Cr. | 42.1x | 2.5x | 168% | — |
| Page Industries | ₹ 33,774.65 | ₹ 37,672 Cr. | 56.1x | 29.6x | 52.5% | 14.6% |
| Vardhman Textiles | ₹ 495.00 | ₹ 14,319 Cr. | 23.5x | 1.8x | 7.3% | 7.6% |
| Indo Count Industries | ₹ 390.35 | ₹ 7,721 Cr. | 57.5x | 3.3x | 5.4% | 3% |
| Alok Industries | ₹ 8.10 | ₹ 4,022 Cr. | — | — | — | −20% |
| Gokaldas Exports | ₹ 673.70 | ₹ 4,937 Cr. | 63.1x | 2.8x | 4.7% | 2.5% |
Management
- Gautam Hari Singhania
- Executive Chairman of the Board, Managing Director
- Rakesh Kumar Tiwary
- Group Chief Financial Officer
- K. A. Narayan
- President - Human Resources
- Ravi Raj Hudda
- Chief Digital and Information Officer
- Rakesh Muljibhai Darji
- Compliance Officer, Company Secretary
- Sanjiv Sarin
- Vice President - Corporate Affairs
- Jatin Khanna
- Head - Corporate Development
Prices are delayed and for information only. Nothing on this page is investment advice.