Raymond financials

Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹655cr+24.2% on Q2 FY26
Net profit
₹32.1cr+130.8% on Q2 FY26
EBITDA margin
11.5%+3.3 pts on Q2 FY26
EPS
₹3.36+96.5% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue655528+24.2%
EBITDA75.343.3+74.1%
EBITDA margin11.5%8.2%+3.3 pts
Profit before tax42.0−148—
Net profit32.113.9+130.8%
EPS₹3.36₹1.71+96.5%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹655 crNet profit₹32.1 crNet margin4.9%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
7,333————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
2906405071,2551,057
29327444143885.0
9999997403,4262,127
8,335————
2,4212,2121,9479,0208,215
—+13.6%−78.4%+9.8%—
2882351761,3091,199
11.9%10.6%9.1%14.5%14.6%
13683.130.31,025964
81.95,3617,6362,088537
3.4%242.4%392.2%23.2%6.5%
₹7.22₹802.60₹1,146.71₹313.81₹79.48
—−30.0%+265.4%+294.8%—
—41.8233533804
—−114−158−208−116
−72.1−72.175.3326688
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

RAYMOND₹1,101.90

Raymond Limited

· Capital Goods & Defence
₹ CrorePeersDEEDEVPITTIENGHIRECTSHANTIGEARWINDMACHINJASHOMNIJNKINDIAMcap ₹7,333 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————7,333.1
- Cash, Equiv & ST Investments1,057.21,254.7506.5640.0290.1
+ Minority Interest85.0437.9441.4273.7293.3
+ Total Debt2,127.53,425.5740.3998.5998.5
Enterprise Value————8,334.9
Revenue8,214.79,019.51,946.82,212.12,420.9
Growth %, YoY—+9.8-78.4+13.6—
EBITDA1,199.41,309.1176.4234.9288.0
Margin %14.6014.519.0610.6211.90
EBIT964.11,025.430.383.1135.5
Net Income537.02,088.47,635.65,361.181.9
Margin %6.5423.15392.21242.353.38
EPS, Adj (current shares)79.48313.811,146.71802.607.22
Growth %, YoY—+294.8+265.4-30.0—
Cash from Operations804.2533.3233.141.8—
Capital Expenditures-116.3-207.6-157.9-113.8—
Free Cash Flow687.9325.675.3-72.1-72.1
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Raymond financials and key ratios

Prices at the previous close · figures from the company's filings with NSE

Raymond (NSE: RAYMOND) had a market capitalisation of ₹7,333 crore at the previous close (₹1,101.90 a share), a PE ratio of 152.6 on the last four quarters' profit and a price-to-book ratio of 2.32. In FY26 its consolidated net profit attributable to shareholders was ₹5,341 crore on revenue of ₹2,212 crore; in Q2 FY27 (July–September 2026) it was ₹22.4 crore, up 96.4% year on year. Its debt-to-equity ratio was 0.30 on 30 September 2026. Promoters held 48.87% of the shares on 30 September 2026.

Raymond Q2 FY27 results
filed 27 October 2026
Share price used
₹1,101.90 · previous close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

Raymond at a glance · consolidated

Market cap
₹7,333 Crat ₹1,101.90 · previous close
PE ratio (last 4 quarters)
152.61.4 on FY26 profit
Price to book (PB)
2.32book value ₹474.46 a share
ROE (FY26)
162.8%−20.3 pts vs FY25ROCE 1.6%
Debt to equity
0.30net debt ₹307 Cr
Promoter holding
48.87%unchanged vs 30 Jun 202630 September 2026
Net worth
₹3,158 Cr−2.9% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
−₹72.1 Cr
EPS (FY26)
₹802.31

Questions

What is the Raymond PE ratio today?

Raymond's PE ratio is 152.6 at the previous close (₹1,101.90 a share): a market capitalisation of ₹7,333 crore divided by consolidated net profit attributable to shareholders of ₹48 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit attributable to shareholders (₹5,341 crore) it is 1.4. These four quarters include net exceptional items of −₹34 crore (one-off charges reported separately), so the ratio on recurring profit would differ.

What is the Raymond PB ratio (price to book value)?

Raymond's price-to-book (PB) ratio is 2.32 at the previous close: a market capitalisation of ₹7,333 crore divided by shareholders' equity (book value) of ₹3,158 crore on 30 September 2026. That is a book value of ₹474.46 per share against a share price of ₹1,101.90.

What is the Raymond ROE and ROCE?

In FY26, Raymond's return on equity (ROE) was 162.8% and its return on capital employed (ROCE) was 1.6%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 183.2% and ROCE 0.4%.

What is the Raymond market cap?

Raymond's market capitalisation was ₹7,333 crore at the previous close: 6.66 crore shares at ₹1,101.90 each.

Is Raymond debt free?

No. Raymond had borrowings of ₹1,023 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.30. Its cash and current investments were ₹716 crore, so its net debt was ₹307 crore.

What is the Raymond EPS?

Raymond's basic earnings per share (EPS) were ₹802.31 in FY26, against ₹1,147.00 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹7.22.

What is the Raymond debt to equity ratio?

Raymond's debt-to-equity ratio was 0.30 on 30 September 2026: borrowings of ₹1,023 crore against total equity of ₹3,451 crore. A year earlier, on 30 September 2025, it was 0.28.

What is the Raymond promoter holding?

Promoters held 48.87% of Raymond on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What is the Raymond free cash flow?

In FY26, Raymond generated ₹41.8 crore of cash from operations and spent ₹114 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹72.1 crore. In FY25 it was ₹75.3 crore.

What is the Raymond net worth?

Raymond's net worth — shareholders' equity in its consolidated balance sheet — was ₹3,158 crore on 30 September 2026, down 2.9% from ₹3,251 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹7,333 crore at the previous close.

What is the Raymond book value per share?

Raymond's book value per share was ₹474.46 on 30 September 2026: shareholders' equity of ₹3,158 crore divided by the 6.66 crore shares in issue, down 2.9% from ₹488.48 a year earlier. The share price at the previous close was ₹1,101.90.

What are the Raymond latest quarterly results?

Raymond's latest results are for Q2 FY27 (July–September 2026), filed on 27 October 2026: consolidated net profit attributable to shareholders ₹22.4 crore, up 96.4% from ₹11.4 crore in Q2 FY26; revenue from operations ₹655 crore, up 24.2% year on year.

What is the Raymond shareholding pattern?

On 30 September 2026, Raymond's shares were held by promoters 48.87%, foreign portfolio investors (FII/FPI) 7.20%, domestic institutions (DII) 6.11% (including mutual funds at 3.79%) and retail and other non-institutional investors 37.79%. Over the year, FII holding was down 6.41 percentage points from 13.61% and DII holding was up 2.58 percentage points from 3.53%.

What is the Raymond revenue and profit in FY26?

In FY26 (April 2025–March 2026), Raymond's consolidated net profit attributable to shareholders was ₹5,341 crore, down 30.0% from ₹7,631 crore in FY25, on revenue from operations of ₹2,212 crore (up 13.6%). Over three years, from FY23, net profit was up 909.8%.

Raymond vs DEE Development Engineers: how do they compare?

In FY26, Raymond earned net profit attributable to shareholders of ₹5,341 crore on revenue of ₹2,212 crore, against ₹77.4 crore on ₹1,142 crore for DEE Development Engineers. Raymond's operating margin was 3.8% (DEE Development Engineers 12.1%) and its return on equity 162.8% (DEE Development Engineers 9.2%).

When are the Raymond next results?

Raymond has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

How does Raymond compare with its peers?

On FY26 consolidated figures, against DEE Development Engineers, Pitti Engineering and Hirect: Raymond's operating margin of 3.8% is the lowest of the four (DEE Development Engineers 12.1%, Pitti Engineering 11.0%, Hirect 7.0%; peer average 10.0%); its return on equity of 162.8% is the highest of the four (DEE Development Engineers 9.2%, Pitti Engineering 12.5%, Hirect 24.4%; peer average 15.4%).

Where do these Raymond figures come from?

From Raymond's own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.