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NSE:RAYMOND

RAYMOND LTD

Capital Goods › Industrial Manufacturing·NIFTY SMALLCAP 500
₹1,088.70
at close · 27 Oct 2026
▲ 38.70 (+3.69%)

Latest filings

  1. Q2 FY27 total income up 21%, EBITDA up 30%; H1 EBITDA up 22% · Investor Communications
  2. No use of ₹82.72 crore warrant proceeds; CARE reports no deviation · Compliance
  3. No deviation in use of preferential warrant issue proceeds · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

An engineering and precision-manufacturing business that supplies components to global automotive, aerospace and defence customers. Its main segment, Precision Technology and Auto Components, contributed ₹1,666.93 crore of FY26 revenue (75.3% of segment revenue) from machined parts sold to global auto OEMs and Tier 1 suppliers. Aerospace and Defence contributed ₹392.38 crore (17.7% of segment revenue), growing 26% year-on-year in FY26, with an order book of ₹2,350 crore spread over 5 years. Management has moved from build-to-print work to co-design and value-engineering with global aerospace OEMs, adding 100+ new aerospace SKUs in FY26 and targeting 250 new components in FY27. The Aerospace segment posted a 25.5% EBITDA margin in Q4 FY26, while Precision Technology's FY26 EBITDA margin expanded to 13.4% (from 11% in FY25). The largest cost line is materials at 33.7% of revenue, followed by employee costs at 18.9% and other operating expenses at 36.6%. The balance sheet is debt-free with a ₹68 crore net cash surplus, and a ₹930 crore capex programme is committed over 5 years — ₹500 crore for an aerospace greenfield in Andhra Pradesh (commercial production targeted Q4 FY28) and ₹430 crore for Precision Technology. A former Bharat Electronics CMD was appointed CEO of Defence to drive expansion into defence electronics and systems.

Revenue mix · reported segments
Precision Technology and Auto Components75.3%
Aerospace and Defence17.7%
Others6.9%
Operating scale
Aerospace & Defence order book
₹2,350 crore over 5 yearsFY26
5-year committed capex
₹930 crore (₹500 cr Andhra aerospace, ₹430 cr Precision Tech)FY27–FY31
Aerospace SKUs added
100+ in FY26; 250 targeted in FY27FY26
Andhra aerospace plant commercial production
Targeted Q4 FY28FY28
Balance sheet
Debt-free with ₹68 crore net cash surplusQ4 FY26
Aerospace & Defence revenue growth
+26% YoY to ₹392.38 crore in FY26FY26
Who pays it
Global automotive OEMs and Tier 1 suppliers; global aerospace OEMs; Indian defence customers
Biggest cost
Materials at 33.7% of revenue
Kind of business
Capital-intensive precision engineering with cyclical auto exposure and a structurally growing aerospace and defence franchise
Where it sits
Indian certified precision-engineering supplier to global aerospace and auto OEMs, with an order book that provides multi-year revenue visibility in aerospace
Market Cap
₹7,245 Cr
P / E (TTM)
195.5×
EV / EBITDA
55.7×
Div Yield
0.01%
Growth
-8.5%▼
Revenue 5y CAGR
PAT — · EBITDA -0.3%
Quality
12.1%▲
ROCE (5y median)
ROE 41.3% (5y median) · margin 6.0%
Leverage
0.32·
Debt / Equity · low
Net debt ₹864 Cr
Revenue FY21→FY26
0.6×▼
Margin +251.2 pts
₹3,446 Cr → ₹2,212 Cr
Cash conversion
0.14×▼
Operating cash ÷ profit · 5 yrs
₹2,290 Cr on ₹15,887 Cr
Moves on a normal day
1.50%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 145 Industrial Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#121/130
P/B#48/112
ROCE#131/142
ROE#1/113
Debt / Equity#78/113
EBITDA margin#41/110
Revenue growth#66/114
Profit growth#97/109

Scorecard

Measured from the filed financials, judged against its Industrial Products peers · as of FY26 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Revenue shrinking over 5 years (−9% a year)
Over 5 years it reported ₹15,887 Cr of profit and ₹2,290 Cr of operating cash — 0.14×
Less than 60p of every ₹1 of profit arrived as cash

Charts

How has the market priced it — with filings on the timeline?

RAYMOND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from RAYMOND LTD's filed financials and exchange disclosures

What does RAYMOND LTD do?

RAYMOND LTD is a Industrial Manufacturing company listed on NSE and BSE, trading under the symbol RAYMOND.

Is RAYMOND LTD profitable?

Yes. Over the trailing twelve months RAYMOND LTD reported a net profit of ₹64 Cr on revenue of ₹2,293 Cr.

Does RAYMOND LTD pay a dividend?

Yes. The dividend yield is 0.01% at the current price.

Is RAYMOND LTD debt-free?

No. It reported borrowings of ₹999 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹864 Cr after cash. Debt stands at 0.32× equity. That is higher than 69% of its 113 Industrial Products peers.

Is RAYMOND LTD expensive compared with its peers?

On trailing P/E, RAYMOND LTD ranks 121 of 130 in Industrial Products — cheaper than 7% of them, against an industry median of 26.5×. This is a position, not a valuation judgement.

How much does the RAYMOND LTD share price move in a day?

On a typical session RAYMOND LTD moves 1.50% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track RAYMOND LTD's announcements?

Every NSE and BSE filing by RAYMOND LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.