RAYMOND
Raymond Limited
NSE BSELast Traded Price
₹1105
16.1 (1.48%)
Open
₹1105
High
₹1110
Low
₹1046
Prev Close
₹1088.9
Industry
Industrial Products
Market Cap
7281.63 Cr
Filing History
Recent corporate announcements and filings for RAYMOND
Business Update
Positive
2026-11-06 18:24
Raymond Limited has received in-principle approval from both NSE and BSE on November 6, 2026.
The approval is for the preferential issue of 33,28,686 convertible warrants on a private placement basis to non-promoters at a price not less than ₹645 per warrant.
The company is required to ensure compliance with SEBI (ICDR) Regulations, including obtaining undertakings from allottees regarding no intra-day trading or sales prior to allotment.
Business Update
Positive
2026-11-04 16:19
Management Guidance & Outlook
- Aerospace segment growth committed at high mid-20s for the near to medium term.
- Current Bangalore aerospace facility revenue ceiling upgraded to ₹700-₹750 Cr through debottlenecking.
- Targeting long-term Return on Capital Employed (ROCE) between 20% and 25%.
- Tools and hardware business expected to deliver steady double-digit growth.
Capex & Capacity Expansion
- Andhra Pradesh greenfield mega facility on schedule for launch in Q3 FY28; total commitment of ₹1,000 Cr over 5 years, with ~₹400 Cr to be spent by commissioning.
- Brownfield facility near the greenfield site operationalized for automotive production and cross-segment workforce training.
- Doubling nozzle guide vane capacity from 8,000 to 16,000 units per year.
Growth Drivers & Operational Performance
- Aerospace & Defense revenue jumped 72% YoY in Q2 FY27 to ₹139 Cr with a 21% EBITDA margin, supported by commercial ramp-up of new capacities.
- Precision Tech & Auto Components revenue grew 15% YoY to ₹471 Cr with 13% EBITDA margin.
- Launched automotive aftermarket B2C division with ~800 part numbers to capture higher margin replacement demand.
- Company remains net debt-free at the operating business level, maintaining liquid reserves for inorganic acquisitions.
Business Update
Positive
2026-11-02 23:54
Raymond Group released its Q2 and H1 FY2027 update showcasing portfolio EBITDA expansion of +11% YoY in Q2 (₹488 Cr vs ₹439 Cr) and +15% YoY in H1 (₹792 Cr vs ₹690 Cr).
- Non-lifestyle verticals (Realty + Raymond Ltd.) now generate 49% of YTD EBITDA, indicating a balanced growth profile.
- Strong liquidity build-up with cash reserves reaching ₹2,791 Cr and average debt maturity at 4.24 years.
Business Update
Neutral
2026-11-02 14:55
Concall Schedule
Concall Date: November 5, 2026
Concall Time: One to One & / Group Meetings at Ashika Group: Institutional Equities Conference, Mumbai
Governance
Neutral
2026-10-30 19:24
- Raymond Limited has issued a notice of Postal Ballot to its shareholders.
- The notice includes details regarding items requiring shareholder approval through remote e-voting.
- The company has completed the dispatch of the postal ballot notice to the eligible shareholders in compliance with regulatory provisions.
Routine
Neutral
2026-10-29 20:13
- Raymond Limited has allotted 1,56,784 equity shares of face value Rs. 10/- each under the Raymond Employees Stock Option Plan 2023.
- The exercise price is Rs. 377.14 per share (including a premium of Rs. 367.14 per share).
- Consequent to this allotment, the paid-up share capital has increased from Rs. 66,57,37,310 to Rs. 66,73,05,150.
Business Update
Neutral
2026-10-28 18:31
- Raymond Limited has informed the stock exchanges regarding the availability of the audio recording for the investor and analyst conference held on October 28, 2026.
- The conference was held to discuss the financial performance of the company for the second quarter and half year ended September 30, 2026.
- The audio recording link has been uploaded to the company's official website.
Business Update
Neutral
2026-10-27 18:13
- Raymond Limited released its Q2 & H1 FY27 investor presentation.
- Company has pivoted to a pure-play Aerospace and Precision Technology platform post-demerger of Lifestyle and Realty businesses.
- Andhra Pradesh greenfield facility on track for commercial production in late CY2027; brownfield trials underway for Q3 FY27.
- Committed capacity investment of ~₹1,000 Cr.
Business Update
Positive
2026-10-27 16:52
- Total Income for Q2 FY27 rose 21% YoY to ₹683 Cr vs ₹564 Cr.
- EBITDA grew 30% YoY to ₹103 Cr, with margin improving to 15.1%.
- Aerospace & Defence revenue surged 72% YoY to ₹139 Cr.
- Company remains net-debt-free with a net cash surplus of ₹77 Cr.
Financials
Neutral
2026-10-27 16:03
Q2 FY27 Consolidated Revenue ₹655.16 Cr vs ₹527.69 Cr (▲24% YoY)
EBITDA ₹75.98 Cr vs ₹43.03 Cr (▲77% YoY)
PAT ₹32.06 Cr vs ₹13.89 Cr (▲131% YoY)
EBITDA Margin 11.6% vs 8.2% (▲344bps)
Governance
Neutral
2026-10-24 22:39
- Raymond Limited has announced a change of its company name to "Raymond Aerospace, Defence & Engineering Limited"
- The name change is subject to approval by shareholders, the Central Government, and stock exchanges
- Consequential alterations to the Memorandum of Association (MoA) and Articles of Association (AoA) have also been approved by the Board
Governance
Neutral
2026-10-24 22:32
- Raymond Limited announced a proposal to change its company name to "Raymond Aerospace, Defence & Engineering Limited".
- Approved consequential alterations to the Memorandum of Association (MOA) and Articles of Association (AOA).
- The changes are subject to approval by shareholders via a Special Resolution and necessary regulatory authorities.
Routine
Neutral
2026-10-22 16:48
- Raymond Limited provided updated information regarding its proposed preferential issue of share warrants to Minerva Ventures Fund following queries from stock exchanges.
- The post-preferential shareholding percentage for Minerva Ventures Fund has been updated to 4.31% (previously 4.35%) calculated on a fully diluted basis.
- There will be no change in the composition of the Board or control of the Company.
Business Update
Neutral
2026-10-22 11:40
Concall Schedule
Concall Date: October 28, 2026
Concall Time: 04:00 p.m. IST
Business Update
Positive
2026-10-12 12:05
- Raymond Limited is accelerating its manufacturing capacity expansion in Andhra Pradesh through its subsidiaries to support growing customer demand.
- The company is setting up a brownfield facility near its existing Mega manufacturing plant as an interim measure to meet current financial year volumes.
- The planned greenfield project in Andhra Pradesh is progressing on schedule to serve as a long-term manufacturing platform.
- This two-stage strategy combines near-term brownfield capacity augmentation with long-term scalable infrastructure.
Governance
Neutral
2026-10-03 19:01
- Raymond Limited held its Extraordinary General Meeting (EGM) on October 3, 2026.
- Shareholders approved the preferential issue of 33,28,686 share warrants on a private placement basis to Minerva Ventures Fund with a requisite majority (99.9978% votes in favour).
Governance
Neutral
2026-10-03 18:45
- Raymond Limited held its Extraordinary General Meeting (EGM) on October 3, 2026.
- Shareholders approved the Special Resolution for the Preferential Issue of 33,28,686 Share Warrants on a private placement basis to Minerva Ventures Fund.
- The resolution was passed with a requisite majority of 99.9978% votes cast in favor.
Governance
Neutral
2026-10-03 17:13
- Raymond Limited held its Extraordinary General Meeting (EGM) on October 3, 2026, via video conferencing.
- The meeting commenced at 04:30 p.m. and concluded at 05:04 p.m.
- A special resolution regarding the preferential issue of securities on a private placement basis was transacted.
Routine
Neutral
2026-09-25 15:26
- Trading window for dealing in securities of the Company will remain closed from October 01, 2026.
- Closure will continue until 48 hours after the declaration of financial results for the quarter ending September 30, 2026.
- PANs of Designated Persons and their immediate relatives will be frozen for trading during this period.
Business Update
Neutral
2026-09-23 15:46
- Raymond Limited will participate in Arihant Capital's "Bharat Connect Conference - Rising Stars" on September 28, 2026.
- The event will be a virtual group meeting, featuring the Q1FY27 results presentation.
Business Update
Positive
2026-09-23 13:14
- Order Win: Raymond's subsidiary JK Maini Global Aerospace Limited secured an order from a leading Indian aerospace and Defence OEM.
- Details: The order is for the assembly of wing structures and centre fuselage structures for a major indigenous fighter aircraft programme.
- Strategic Importance: This marks Raymond's entry into the aircraft structures vertical, expanding its aerospace capabilities and establishing execution credentials.
Business Update
Neutral
2026-09-16 15:09
- Raymond Limited will participate in an Investor Conference hosted by Anand Rathi on September 21, 2026, titled "G-200 Summit 2026: Bharat - The Next Engine of Global Growth".
- The company will conduct One to One & / Group Meetings at Taj Santacruz, Mumbai.
- The Investor Presentation on Q1FY27 Results, already submitted to the Stock Exchanges, will be presented.
Business Update
Neutral
2026-09-11 20:09
- Investor Conference Schedule
- Conference Date: September 17, 2026
- Event: Jefferies - 5th India Forum
- Interaction Mode: One to One & / Group Meetings
- Venue: The Oberoi, Gurgaon
Ownership
Positive
2026-09-11 19:06
- Extraordinary General Meeting (EGM) to be held on October 03, 2026, to approve a Preferential Issue of up to 33,28,686 warrants to Minerva Ventures Fund (Category-I Foreign Portfolio Investor).
- The warrants will be issued at ₹645 each, aggregating to ₹214.70 Crores.
- Each warrant is convertible into one fully paid-up equity share of ₹10/- face value within 18 months from allotment.
Business Update
Positive
2026-09-11 17:49
- Order Win: Raymond Limited's Aerospace Subsidiary won multi-programme aerospace orders from a Leading Indian Aerospace and Defence Major.
- Order Value: Annual business potential of approximately ₹33 crore.
- Production Commencement: Progressively across 2026 and 2027.
Business Update
Positive
2026-09-08 16:58
- Fundraise approved via preferential issue of 33,28,686 Convertible Warrants at ₹645/- each (including a premium of ₹635/-).
- Total amount to be raised is approximately ₹214.71 Crore.
- The warrants are allotted to Minerva Ventures Fund.
- Each warrant is convertible into one equity share within a maximum period of 18 months.
Ownership
Positive
2026-09-08 16:30
- Raymond board approved preferential issue of 3,328,686 convertible warrants to Minerva Ventures Fund.
- Fundraise aggregates ~₹214.71 Cr at ₹645 per warrant, convertible into equity shares within 18 months.
- Post-conversion, Minerva Ventures Fund's fully diluted shareholding will be 4.35%.
Business Update
Positive
2026-09-07 16:18
- Raymond Limited granted 1,87,056 Stock Options under its RL ESOP 2023 on September 7, 2026.
- The options were granted at ₹740.85 per option, sourced from a recycled pool.
Business Update
Neutral
2026-08-31 11:26
- Investor Conference Schedule
- Conference Date: September 03, 2026
- Event: Elara Capital: "Ashwamedh - Elara India Dialogue 2026"
- Purpose: Presentation on Q1FY27 Results
Business Update
Positive
2026-08-14 16:00
- Net debt-free with a net cash surplus of INR129 crores as of June 2026.
- Robust 10-year order book of over INR5,960 crores for Aerospace, up from previous 5-year estimate of INR2,350 crores.
- Committed 25% growth for aerospace business in FY27, which was exceeded in Q1 FY27 (40% YoY).
- Consolidated EBITDA margin for Q1 FY27 was 15.9%, with a long-term aim of ~25% for Aerospace and ~12-13% for precision manufacturing.
- INR1,000 crores 5-year capex plan progressing on schedule, with the Andhra Pradesh greenfield facility targeting commercial production by late 2027 (FY28 for revenue).
- Launching an automotive aftermarket product line in Q2 FY27 and continuously evaluating inorganic growth opportunities across aerospace, auto components, and defence segments.
- Recently received certification for making medical components.
Routine
Neutral
2026-08-07 21:11
New Filing detected. See link for details.
Financials
Positive
2026-08-07 17:00
- Consolidated Revenue ₹605.61 Cr vs ₹524.29 Cr (▲15.51% YoY)
- EBITDA ₹77.01 Cr vs ₹54.24 Cr (▲41.98% YoY)
- PAT ₹30.85 Cr vs ₹20.62 Cr (▲49.61% YoY)
- EBITDA Margin 12.71% vs 10.35% (▲236 bps)
Financials
Positive
2026-08-07 16:49
- Consolidated Total Income ₹628 Cr vs ₹555.3 Cr (▲13.1% YoY)
- EBITDA ₹100 Cr vs ₹87.5 Cr (▲14.3% YoY)
- PBT ₹42 Cr vs ₹30.4 Cr (▲38% YoY)
- EBITDA Margin 15.9% vs 15.76% (▲14bps)
Financials
Positive
2026-08-07 16:44
- Consolidated Total Income ₹628 Cr vs ₹555 Cr (▲13% YoY)
- EBITDA ₹100 Cr vs ₹87 Cr (▲14% YoY)
- PAT ₹30.85 Cr vs ₹20.62 Cr (▲49.6% YoY)
- EBITDA Margin 15.9% vs 15.7% (▲20bps)
Business Update
Neutral
2026-08-05 16:11
- Investor Conference Schedule
- Date: August 10, 2026 - One to One & / Group Meetings at Nirmal Bang Institutional Equities: "Semi-Annual Investor Conference" at Trident BKC, Mumbai.
- Date: August 11, 2026 - One to One & / Group Meetings at Anand Rathi: "Aerospace 360 Conference" at Taj Santacruz, Mumbai.
- The Q1FY27 Investor Presentation will be used, made available after the announcement of financial results on August 7, 2026.
Business Update
Neutral
2026-08-03 16:14
- Concall Schedule
- Concall Date: Friday, August 7, 2026
- Concall Time: 05:00 p.m. (IST)