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RAYMOND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Raymond Limited reported Q4 FY26 total income of INR613 crores (up 2% YoY) with EBITDA of INR85 crores (margin 13.9%, down from 16.4% in Q4 FY25). For FY26, total income was INR2,312 crores (10% YoY growth) with EBITDA flat at INR335 crores (margin 14.5%). The Aerospace & Defense segment delivered strong growth with FY26 revenue of INR392 crores (26% YoY) and EBITDA margin of 22.3%. The Precision Technology & Auto Components segment posted FY26 revenue of INR1,667 crores (10% YoY) with EBITDA of INR223 crores (34% YoY growth) and margin improvement to 13.4% from 11% due to synergies and operational efficiencies. The company announced a INR930 crores capex program over 5 years (INR500 crores for Aerospace, INR430 crores for Auto) and maintains net cash surplus of INR68 crores with INR1,000 crores at parent level. Management targets 25% CAGR for Aerospace with the new Andhra Pradesh facility expected by late FY28.
Strong operational performance in Aerospace with 26% growth and robust order book of INR2,350 crores signals revenue visibility. Precision segment margin improvement demonstrates successful integration synergies. The company is debt-free with strong liquidity to fund capex expansion.