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Earnings Call

Raymond Realty Earnings Call: Key Takeaways

Raymond Realty reported a strong FY26 with 29% revenue growth and 53% surge in Q4 income, driven by a strategic shift to JDAs and asset-light expansion in prime MMR micro-markets.

Why this was an Alfa AlertNot a filter event. Performance was consistent with prior plans and management stated they delivered as promised/planned.
Highlights
Revenue growthFY26 revenue grew 29% YoY to ₹3,039 cr.
MarginsFY26 blended EBITDA at 16%; Q4 reached 21.5%.
Order bookJDA portfolio comprises 7 projects with ₹17,000 cr revenue potential.
Demand visibilitySteady demand in MMR; buyers prioritizing reliability and brand functionality.
Management confidenceValidated by 139% surge in quarterly bookings and asset-light success.

Growth

FY26 Total Income at ₹3,039 cr (up 29%); EBITDA at ₹495 cr (16% blended margin). Q4 bookings surged 139% YoY.

Outlook

Minimum 20% growth guided for FY27; EBITDA margin target 16-18%. JDA pipeline at ₹17,000 cr; total GDV ₹42,000 cr.

Risks

Competition in Thane limits pricing power; potential 3-4% construction cost impact if commodity inflation persists long-term.

Source

Earnings Call filed with BSE, 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.

18:05 IST BSE
Annual General Meeting

Raymond Realty Annual General Meeting

Raymond Realty Limited announced an Extra-ordinary General Meeting (EGM) to be held on October 8, 2026, via video conferencing.

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