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Earnings Call

Raymond Realty Earnings Call: Key Takeaways

Raymond Realty reported strong FY26 performance following its demerger, driven by robust demand in Thane and MMR. The company is pivoting towards an asset-light JDA model.

Why this was an Alfa AlertNot a filter event. Results were stated as 'inline with our expectations' without a material guidance beat.
Highlights
Revenue growth29% YoY for FY26; 53% YoY for Q4FY26.
MarginsFY26 EBITDA margin at 16.3% vs 18.6% in FY25.
Order bookPending collections from sold inventory at ₹4,000 Cr.
Demand visibilityStrong pre-sales of ₹3,023 Cr in FY26 (31% growth).

Growth

FY26 Total Income grew 29% to ₹3,039 Cr; EBITDA rose 13% to ₹495 Cr. Q4FY26 revenue spiked 53% YoY.

Outlook

Targeting 20% CAGR for Pre-Sales and Revenue; ~20% ROCE. Plans 4 new launches in FY27 across Thane/Mumbai.

Risks

High concentration in MMR market; execution risks across 7 ongoing JDA projects; potential regulatory changes affecting development norms.

Source

Earnings Call filed with NSE, NSE: RAYMONDREL. Summary written with AI assistance from the document.

Read the document ↗

Raymond Realty Ltd: key numbers

Share price
₹711.30
Market cap
₹4,735 Cr
Revenue (annual)
₹2,991 Cr
Net profit (annual)
₹304.6 Cr
P/E (TTM)
15.7×Sector 35.8×
Promoter holding
50.93%+0.22% QoQ
FII holding
5.85%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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17:01 IST BSE
Management Change

Raymond Realty Management Change

Raymond Realty Limited has appointed Salil Bawa as Group Head – Investor Relations for the Raymond Group to lead investor engagement and capital-markets strategy.

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Annual General Meeting

Raymond Realty Annual General Meeting

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18:00 IST BSE
Annual General Meeting

Raymond Realty Annual General Meeting

Raymond Realty Limited issued an EGM notice to approve increasing its authorised share capital and a preferential issue of 66,57,373 warrants for ₹408.76 Crore.

Value
₹408.8 Cr
20:06 IST BSE
Capital Structure Change

Raymond Realty Capital Structure Change

Raymond Realty increased its authorized share capital from 7.00 Crore to 7.50 Crore shares to facilitate a proposed preferential issue of convertible warrants.

20:05 IST BSE
Capital Structure Change

Raymond Realty Capital Structure Change

Raymond Realty Limited board approved a preferential issue of 66.57 lakh convertible warrants to J K Investors (Bombay) Limited for ₹408.76 Crore.

Value
₹408.8 Cr
Execution
18 months
17:59 IST BSE
Fund Raise

Raymond Realty Fund Raise of ₹409 Cr

Raymond Realty's board approved raising funds through a preferential issue of 66,57,373 convertible warrants at ₹614 each, aggregating approximately ₹409 Crore.

Value
₹409.0 Cr