Raymond Limited has informed the Exchange about Investor Presentation
RAYMOND · price
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Raymond Limited filed its Q4FY25 and FY25 investor presentation alongside audited results. Continuing operations (Engineering business) posted Total Income of ₹601 Cr, up 95% YoY, with EBITDA of ₹99 Cr (margin 16.4%) and PBT of ₹45 Cr. The demerged Real Estate business delivered Revenue of ₹766 Cr (+13% YoY) and EBITDA of ₹194 Cr at a steady 25.3% margin, with Q4 booking value of ₹636 Cr. The Real Estate demerger is complete with a record date of May 14, 2025 and listing expected in Q2FY26, while the Engineering demerger scheme awaits NCLT approval. The company remains net cash surplus and guides for 20-25% growth in real estate booking value, with strong outlook in aerospace and EV components.
The successful demerger and upcoming separate listing of the Real Estate business could unlock value and give shareholders direct exposure to a high-margin (25.3% EBITDA) property business, while the engineering business shows strong top-line growth post-MPPL acquisition, though engineering EBITDA margins dipped slightly due to product mix change.