Stock Market Reaction
Raymond Limited’s shares rose more than 8% during Tuesday trading, touching a lifetime high of ₹847.30, surpassing the prior adjusted peak of ₹793.33. The stock was trading at ₹835.60, up 8.18%, with over 4.50 million shares changing hands.
Business Transformation
Following the separation of its lifestyle and real‑estate businesses, the listed entity is now evaluated as an advanced‑manufacturing platform focused on aerospace, defence, precision technology and automotive‑components.
Q1 FY27 Financial Performance
For the first quarter of FY27, total income increased 13% year‑on‑year to ₹628 crore, EBITDA rose 14% to ₹100 crore, and profit after tax climbed 50% to ₹31 crore.
Aerospace & Defence Segment
Revenue from the Aerospace & Defence segment grew 40% to ₹123 crore, while segment EBITDA reached ₹26 crore, delivering a 21.2% EBITDA margin.
Order Book and Pipeline
The company’s aerospace order book exceeds ₹5,960 crore, spread across a ten‑year contract horizon. It also maintains an active RFQ pipeline of ₹1,632 crore, more than 2,000 active drawings and introduces over 100 new engine SKUs each year. Raymond supplies more than 1,300 aero‑engine parts, including over 350 components for LEAP engines.
Capacity Expansion
Raymond is advancing an approximately ₹1,000 crore capacity programme to support growth across its aerospace, defence, precision‑technology and next‑generation mobility businesses.
Financial Flexibility
As of June 2026, the company reported a net cash surplus of ₹129 crore, providing additional flexibility for the capacity‑building programme.
Outlook
The market’s bullish response reflects confidence in the company’s long‑cycle orders, specialised engineering capabilities and the visibility of future demand, though execution of the RFQ pipeline, capacity scaling and margin sustainability remain critical for long‑term value creation.