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Earnings Call

Raymond Earnings Call: Key Takeaways

Raymond reports modest 2% Q4 revenue growth, heavily reliant on Aerospace and Defense which grew 11%, while overall EBITDA margins contracted from 16.4% to 13.9% due to rising input costs and logistic disruptions.

Why this was an Alfa AlertNot a filter event. Performance was largely in line with expectations without a material guidance beat.
Highlights
Revenue growthFY26 revenue grew 10% YoY to 2,312 crore.
MarginsConsolidated EBITDA margins fell to 14.5% from 15.9% in FY25.
Order bookAerospace order book stands at 2,350 crore over five years.
Demand visibilityStrong multi-year order pipeline driven by global OEM fleet transitions.
Management confidenceOptimistic on Aerospace but cautious regarding global supply chain frictions.

Growth

FY26 revenue up 10%; Aerospace segment led with 26% annual growth while Precision Technology saw 10% gains.

Outlook

Planned 930cr capex over 5 years; 500cr for Aerospace and 430cr for Precision Technology expansion.

Risks

Margins pressured by energy shocks, Middle East conflict, US tariffs, and a 600cr cash transfer post-demerger.

Source

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

Read the document ↗

Raymond Ltd: key numbers

Share price
₹1,196.65
Market cap
₹7,967 Cr
Revenue (annual)
₹2,212 Cr
Net profit (annual)
₹5,341 Cr
P/E (TTM)
214.9×Sector 53.6×
Promoter holding
48.87%+0.00% QoQ
FII holding
7.89%Current quarter

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

More from Raymond Ltd

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13:12 IST NSE
New Order Win

Raymond Bags New Order from Leading Indian Aerospace and Defence OEM

Raymond's subsidiary won an OEM tender to assemble wing and fuselage structures for an indigenous fighter aircraft. No contract value is disclosed in the filing.

From
Leading Indian Aerospace and Defence OEM (unnamed)
19:12 IST NSE
Annual General Meeting

Raymond Annual General Meeting

Raymond Limited announced an Extraordinary General Meeting (EGM) to be held on October 3, 2026. The meeting will seek shareholder approval for a preferential share warrant issuance.

19:04 IST NSE
Annual General Meeting

Raymond Annual General Meeting

Raymond Limited has called an EGM on October 3, 2026, to seek approval for a preferential issue of 33,28,686 warrants to Minerva Ventures Fund.

Value
₹214.7 Cr
17:48 IST NSE
New Order Win

Raymond Bags ₹33 Cr Order from Leading Indian Aerospace and Defence Major

Raymond's aerospace subsidiary secured new orders from a major Indian defence player. The contract represents an annual business potential of approximately ₹33 crore.

Value
₹33.00 Cr
From
Leading Indian Aerospace and Defence Major
17:38 IST BSE
Capital Structure Change

Raymond Capital Structure Change

Raymond Limited will issue 33.28 lakh convertible warrants to Minerva Ventures Fund at ₹645 per share, raising approximately ₹214.70 Crore in capital.

Value
₹214.7 Cr
Execution
18 months
16:27 IST NSE
Fund Raise

Raymond Fund Raise of ₹214.7 Cr

Raymond Limited will raise ~₹214.71 Crore through a preferential allotment of 33,28,686 convertible warrants to Minerva Ventures Fund at ₹645 per warrant.

Value
₹214.7 Cr