Raymond Limited

NSE: RAYMOND · Unclassified

₹1,082.00-4.31%06 Nov 2026

One-off: net profit of ₹5,325.19 cr in JUN '25 includes ₹5,307.53 cr from discontinued operations (a business the company is exiting); continuing operations earned ₹17.66 cr. Trailing-twelve-month figures (EPS, P/E, ROE) include it.

Ask the data

Instant answers about Raymond Limited — computed from its filings, no language model

Market cap₹7,201 cr

Current price₹1,082.00

High / Low₹1,301 / ₹322

P/E149.9

P/B2.28

Book value₹474.5

ROE1.5%

ROCE4.4%

Debt / equity0.32

Dividend yield0.01%

EPS (TTM)₹7.22

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 8 periods

	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	6,582	6,482	3,446	6,179	8,215	9,020	1,947	2,212
EBITDA	577	516	-66	711	1,199	1,309	176	235
Operating margin	8.8%	8.0%	-1.9%	11.5%	14.6%	14.5%	9.1%	10.6%
Interest	233	303	276	228	257	376	65	84
Depreciation	196	340	314	240	235	284	146	152
Profit before tax	268	7	-455	250	722	872	123	-102
Tax	86	-43	-161	-22	200	-223	26	-159
Net profit	168	196	-297	260	529	2,088	7,631	5,341
EPS ₹	27.37	31.44	-44.63	39.11	79.45	246.07	1147.00	802.31
Operating cash flow	—	—	—	677	804	533	233	42
Capex	—	—	—	60	116	208	158	114
Dividend paid	—	—	—	10	20	20	66	0
Total assets	—	—	—	—	8,194	13,173	7,716	4,738
Equity	—	—	—	—	2,899	4,617	3,716	2,844

Quarterly performance

last 34 quarters · ₹ crore

showing latest 8 of 34 periods

	JUN '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	1,251	1,848	1,675	1,809	1,435	1,883	1,885	1,279	163	674	1,243	1,366	826	1,551	1,843	1,958	1,728	2,168	2,168	2,150	1,771	2,253	2,386	2,608	938	1,045	954	557	524	528	557	603	606	655
Operating profit	69	186	155	167	109	207	206	-7	-225	-110	114	155	-29	181	275	284	208	335	319	337	197	315	362	436	101	116	138	55	56	43	60	75	77	75
Operating margin	5.5%	10.1%	9.2%	9.2%	7.6%	11.0%	10.9%	-0.5%	-137.9%	-16.3%	9.2%	11.3%	-3.6%	11.7%	14.9%	14.5%	12.1%	15.4%	14.7%	15.7%	11.1%	14.0%	15.2%	16.7%	10.8%	11.1%	14.5%	9.8%	10.7%	8.2%	10.8%	12.5%	12.8%	11.5%
Other income	38	28	31	28	35	30	19	12	58	58	43	42	36	32	27	74	26	23	31	42	55	67	64	80	61	56	31	44	31	36	23	10	22	28
Interest	53	60	70	49	74	79	78	72	72	75	68	61	55	58	57	57	59	63	70	64	79	89	104	104	31	29	28	17	19	22	21	23	20	22
Depreciation	47	50	48	52	81	86	88	85	84	83	76	71	61	60	60	59	58	58	58	62	60	65	70	88	39	40	42	37	39	38	38	37	38	40
Profit before tax	6	103	65	93	-11	72	60	-114	-322	-210	12	65	-152	87	184	131	117	227	218	160	103	204	252	313	92	103	100	45	30	-148	10	5	42	42
Tax	3	37	20	25	1	-11	22	-56	-101	-80	1	19	-2	29	-83	-132	37	71	116	-23	27	51	63	83	22	30	20	9	8	-162	3	-8	10	11
Net profit	0	63	38	68	-15	84	195	-68	-242	-137	22	56	-157	53	100	263	81	159	95	194	1,065	160	185	230	7,366	59	72	133	5,325	11	4	1	21	22
EPS ₹	0.00	10.25	6.12	11.00	-2.42	13.68	31.65	-11.47	-36.40	-19.97	3.26	8.48	-23.51	8.00	15.06	39.55	12.15	23.86	14.25	29.19	160.01	24.01	27.57	34.45	1106.88	9.02	10.84	20.00	800.16	1.71	0.54	0.17	3.15	3.36
Revenue YoY	—	—	—	—	14.7%	1.9%	12.6%	-29.3%	-88.6%	-64.2%	-34.1%	6.8%	406.1%	130.1%	48.2%	43.4%	109.3%	39.8%	17.6%	9.8%	2.5%	3.9%	10.1%	21.3%	-47.1%	-53.6%	-60.0%	-78.6%	-44.1%	-49.5%	-41.6%	8.2%	15.5%	24.2%
Profit YoY	—	—	—	—	-74350.0%	33.5%	419.9%	-201.1%	—	-262.7%	-88.9%	—	—	—	362.3%	366.4%	—	198.3%	-5.4%	-26.2%	1216.8%	0.6%	95.5%	18.2%	591.5%	-63.1%	-61.1%	-42.2%	-27.7%	-80.7%	-95.0%	-99.2%	-99.6%	96.4%

Earlier results (standalone, Sep '07 – Mar '18)

₹ crore · from BSE, before the NSE XBRL filings begin

Raymond Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 10 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†
Revenue	1,396	1,354	1,517	1,894	2,045	2,190	2,657	2,811	2,825	3,012
Operating profit	59	162	250	264	185	246	238	252	162	209
Operating margin	4.2%	12.0%	16.5%	14.0%	9.0%	11.2%	9.0%	9.0%	5.7%	7.0%
Other income	48	51	51	59	81	86	115	100	126	125
Interest	58	84	97	129	156	153	148	136	144	147
Depreciation	89	111	104	110	116	114	93	87	90	96
Profit before tax	-298	19	-153	78	-41	88	110	128	47	141
Tax	-27	-6	-53	22	7	0	10	46	13	43
Net profit	-272	25	-100	56	-48	88	100	82	34	98

Quarters

showing latest 8 of 43 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†
Revenue	346	332	436	236	439	358	363	240	402	376	336	244	399	451	423	351	504	521	518	367	554	557	567	422	602	590	576	514	713	711	719	545	723	776	767	540	808	705	772	595	794	790	833
Operating profit	36	23	42	-39	56	26	16	-1	61	57	45	-1	81	99	70	25	86	95	59	-20	82	58	64	-2	112	78	58	-2	90	88	62	17	59	83	93	7	47	26	81	1	67	64	77
Operating margin	10.4%	6.9%	9.7%	-16.4%	12.7%	7.2%	4.5%	-0.6%	15.2%	15.3%	13.3%	-0.4%	20.4%	22.0%	16.6%	7.2%	17.0%	18.2%	11.4%	-5.3%	14.8%	10.4%	11.3%	-0.5%	18.6%	13.3%	10.0%	-0.3%	12.6%	12.4%	8.7%	3.1%	8.2%	10.7%	12.1%	1.3%	5.9%	3.7%	10.5%	0.2%	8.5%	8.1%	9.2%
Other income	29	21	9	27	8	3	10	16	12	13	10	11	17	12	10	12	21	13	14	18	16	32	15	17	21	21	27	28	19	19	49	27	24	26	23	32	33	28	33	45	26	29	25
Interest	10	9	0	9	17	19	13	23	23	21	17	21	23	25	28	29	32	33	35	38	39	42	37	36	38	41	39	35	39	38	36	32	36	35	33	37	37	37	33	35	37	38	37
Depreciation	22	21	21	20	21	22	26	27	28	28	28	25	26	26	27	26	25	29	29	28	28	29	32	28	29	28	29	23	23	24	24	21	22	22	23	20	21	21	28	21	20	24	30
Profit before tax	33	13	30	-41	26	-14	-269	-40	7	38	14	-38	51	-176	10	-18	49	44	2	-80	21	7	11	-49	67	31	40	-34	46	46	51	-10	26	52	60	-18	17	-4	53	-10	86	31	34
Tax	2	4	3	1	1	2	-30	-9	-1	-5	7	-13	11	-60	9	-7	13	13	4	-25	6	3	24	-4	6	-2	0	0	0	0	10	-2	9	14	24	-7	6	-2	15	-3	24	10	12
Net profit	31	9	27	-42	24	-15	-239	-32	7	43	7	-25	39	-116	1	-10	36	31	-1	-55	16	4	-13	-45	61	33	40	-34	46	46	42	-8	17	38	36	-11	11	-3	38	-7	62	21	22
EPS ₹	5.00	1.53	4.39	-6.78	3.97	-2.48	-38.95	-5.15	1.21	6.94	1.09	-4.05	6.38	-18.86	0.21	-1.64	5.90	5.09	-0.17	-8.91	2.54	0.69	-2.12	-7.33	9.89	5.33	6.47	-5.49	7.57	7.43	6.78	-1.34	2.70	6.12	5.88	-1.84	1.72	-0.48	6.12	-1.09	10.06	3.38	3.63
Revenue YoY	—	—	—	—	27.1%	7.8%	-16.7%	1.8%	-8.4%	5.0%	-7.3%	1.8%	-0.9%	20.0%	25.6%	43.8%	26.4%	15.5%	22.6%	4.6%	9.9%	7.0%	9.4%	14.9%	8.7%	5.9%	1.6%	21.8%	18.4%	20.5%	24.8%	6.1%	1.3%	9.1%	6.7%	-1.0%	11.8%	-9.1%	0.7%	10.3%	-1.8%	12.0%	7.8%
Profit YoY	—	—	—	—	-20.8%	-262.4%	-986.5%	—	-69.5%	—	—	—	427.3%	-372.0%	-80.5%	—	-7.6%	—	-181.5%	—	-56.9%	-86.5%	—	—	288.9%	675.6%	—	—	-23.4%	39.4%	4.9%	—	-64.3%	-17.6%	-13.2%	—	-36.5%	-107.8%	3.9%	—	486.2%	—	-40.6%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 31 periods

	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	23.3%	23.1%	18.2%	52.2%	36.1%	38.3%	35.5%	172.0%	218.4%	215.2%	205.3%	150.4%	170.5%	168.4%	187.8%	1.3%	1.5%
ROCE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	19.1%	20.1%	19.5%	19.6%	13.9%	14.9%	15.5%	14.8%	22.8%	17.8%	10.0%	8.3%	2.7%	0.4%	-0.5%	-0.1%	4.4%
Net margin	2.6%	2.3%	2.6%	4.7%	3.0%	-0.6%	-6.3%	-12.7%	-8.7%	-5.2%	-0.5%	1.0%	4.2%	7.0%	7.8%	7.5%	6.4%	18.3%	18.1%	18.7%	18.2%	97.0%	112.4%	139.4%	218.4%	181.4%	216.2%	252.6%	241.5%	1.6%	2.0%
EBITDA margin	8.8%	9.1%	9.4%	9.8%	8.0%	3.5%	-3.4%	-6.8%	-1.9%	3.1%	8.4%	10.4%	11.5%	13.4%	14.3%	14.3%	14.6%	14.4%	14.0%	14.1%	14.5%	14.8%	14.5%	14.3%	11.7%	11.9%	11.4%	9.9%	10.6%	11.2%	11.9%
Debt / equity	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.81	0.81	0.73	0.73	0.69	0.69	0.74	0.74	0.25	0.25	0.20	0.20	0.30	0.30	0.35	0.35	0.32
Interest coverage	2.15	1.99	1.81	1.77	1.02	-0.01	-0.97	-1.20	-0.65	-0.10	1.05	1.80	2.10	3.24	3.78	3.77	3.81	3.55	3.26	3.14	3.32	3.63	3.85	4.17	4.22	3.97	1.31	0.19	-0.22	-0.06	2.16
Asset turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.97	1.01	1.00	1.01	0.79	0.81	0.68	0.62	0.94	0.75	0.45	0.40	0.50	0.42	0.47	0.48	0.47

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 9 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	67	67	67	67	67	67	67	67	67
Other equity / reserves	2,521	2,832	4,127	4,551	3,524	3,650	3,184	2,777	3,091
Total equity	2,587	2,899	4,194	4,617	3,590	3,716	3,251	2,844	3,158
Borrowings	2,096	2,127	2,902	3,426	906	740	972	999	1,023
Current liabilities	3,725	3,760	3,485	4,442	2,076	833	1,021	1,108	1,176
Non-current liabilities	1,517	1,450	2,809	3,676	1,310	543	580	512	521
Total assets	7,911	8,194	10,510	13,173	7,413	7,716	5,109	4,738	5,149
Property, plant & equipment	1,876	1,931	2,042	2,549	1,022	890	855	841	842
Capital work-in-progress	25	30	52	70	22	5	6	38	63
Investments	1,076	1,639	2,990	1,395	1,739	1,120	1,987	1,695	1,641
Inventories	2,529	2,497	2,796	3,514	1,924	419	473	487	547
Receivables	1,029	744	1,159	1,407	431	406	499	521	560
Cash & equivalents	123	172	165	182	80	34	46	135	79

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	677	804	533	233	42
Cash from investing	-425	-476	-1,042	-232	-180
Cash from financing	-323	-319	502	-104	230
Capex	60	116	208	158	114
Free cash flow	617	688	326	75	-72
Dividends paid	10	20	20	66	0

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹842 cr16%

CWIP

₹63 cr1%

Investments

₹1,641 cr32%

Inventories

₹547 cr11%

Receivables

₹560 cr11%

Cash & equivalents

₹79 cr2%

Other assets

₹1,416 cr28%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Raymond Limited	7,201	1,082.00	149.9	2.28	1.5%

StoxGud checklist: Bullish setup · 7/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-10.3%

6 months+110.6%

1 year+84.3%

3Y CAGR+42.0%

5Y CAGR+60.3%

10Y CAGR+24.4%

50-day avg₹1,027.84

200-day avg₹624.88

RSI (14)42

FAQs

What is the share price of Raymond Limited?

Raymond Limited (RAYMOND) closed at ₹1,082.00 on NSE on 06 Nov 2026.

What is the market cap of Raymond Limited?

₹7,201 crore at the latest close.

What is the P/E ratio of Raymond Limited?

149.9, on trailing-twelve-month earnings from its filings.

How fast is Raymond Limited growing?

Raymond Limited: revenue has compounded at -35.4% a year over three years; net profit at 116.1% a year. Latest-quarter revenue is up 24.2% year on year, profit up 96.4%.

How profitable is Raymond Limited?

On a trailing-twelve-month basis return on equity is 1.5%, return on capital employed 4.4%, operating margin 11.9%, net margin 2.0%.

How much debt does Raymond Limited have?

Raymond Limited is lightly geared: debt to equity is 0.32 with borrowings of ₹1,023 cr against cash of ₹79 cr (balance sheet of 2026-09-30). Operating profit covers interest 2.2 times.

Financials parsed from Raymond Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '18, annual from FY19, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.