Raymond Limited Q1 FY27 Financial Highlights
On 8 August 2026, Raymond Limited announced its unaudited results for the quarter ended 30 June 2026 (Q1 FY27). The company reported total income of ₹628 crore, up 13% year‑on‑year from ₹555 crore in Q1 FY26 and higher than ₹613 crore in Q4 FY26. EBITDA reached ₹100 crore, a 14% increase over ₹87 crore in the same quarter last year and above ₹85 crore in Q4 FY26, translating to an EBITDA margin of 15.9%, marginally above the 15.7% recorded in Q1 FY26 (Q4 FY26 margin was 13.9%).
Profit before tax (excluding exceptional items) was ₹42 crore, reflecting a 38% rise from ₹30 crore a year earlier and up from ₹25 crore in Q4 FY26. The corresponding PBT margin improved to 6.6% from 5.4% YoY (Q4 FY26 margin 4.1%). Raymond remained net‑debt‑free, holding a net cash surplus of ₹129 crore as of 30 June 2026, providing ample flexibility for future growth initiatives.
Segmental Performance
- Precision Technology & Auto Components generated ₹444 crore in revenue, an 11% YoY increase over ₹398 crore in Q1 FY26. EBITDA in this segment rose to ₹61 crore, a 46% jump from ₹42 crore a year ago, lifting the segment EBITDA margin to 13.8% from 10.6%.
- Aerospace & Defence reported ₹123 crore in revenue, a 40% rise from ₹87 crore in Q1 FY26. EBITDA grew to ₹26 crore, up 25% from ₹21 crore a year earlier, while the EBITDA margin stood at 21.2%, slightly below the 23.7% recorded in the prior year due to targeted R&D investments.
- Other activities saw revenue decline to ₹61 crore from ₹70 crore YoY, and EBITDA fell to ₹12 crore from ₹24 crore.
Overall, the combined revenue of the three segments matched the total ₹628 crore, and combined EBITDA matched the ₹100 crore figure cited earlier.
Management Commentary
Chairman & Managing Director Gautam Hari Singhania stated that Q1 FY27 was defined by healthy growth across the core Aerospace, Defence, and Precision Technology segments, emphasizing resilience and the company’s strategy of investing in high‑moat sectors where technical expertise offers a competitive edge. He highlighted the on‑schedule progress of the state‑of‑the‑art greenfield facility in Andhra Pradesh and reiterated the priority to scale with global demand, capture high‑margin opportunities, and build long‑term shareholder wealth.
Corporate Structure and Outlook
Raymond Limited, founded in 1925, has evolved from a fabric manufacturer to an engineering‑focused conglomerate after acquiring Maini Precision Products Limited (MPPL) and de‑merging its Lifestyle and Real Estate businesses into separate listed entities. The engineering business now comprises two core verticals – Precision Technology & Auto Components and Aerospace & Defence – serving a global customer base across more than 60 countries, with exports accounting for over 50% of total sales.
Disclaimer
The release contains forward‑looking statements subject to risks including regulatory changes, political or economic developments, and technological uncertainties. Raymond Realty Limited disclaims any responsibility for actions taken based on these statements. For further information, contact Shalini Singh, Corporate Communications, at 022‑6152‑7624 or shalini.singh@raymond.in.
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