Raymond Lifestyle Limited has published its audited financial results for the quarter and financial year ended March 31, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and approved by the Board of Directors on May 6, 2026, with no qualifications in the review report. The company achieved a historic total income of ₹7,034 Cr for FY26, marking an 11% year-on-year growth, while the Board has recommended a final dividend of 50%, translating to Re. 1 per equity share.

Q4 FY26 Financial Performance

In Q4 FY26, Raymond Lifestyle reported consolidated income from operations of ₹1,77,645 lakhs, compared to ₹1,49,415 lakhs in Q4 FY25. Despite the revenue growth, the bottom line was impacted by exceptional items, resulting in a net loss after tax of (₹5,206) lakhs for the quarter. Profit before tax and exceptional items stood at (₹113) lakhs, a significant improvement from (₹4,531) lakhs in the prior year period. The EBITDA for the quarter was ₹152 Cr, with a margin of 8.4%, up from 6.3% in the corresponding period last year. The consolidated basic and diluted earnings per share (face value ₹2 per share) for Q4 FY26 stood at (₹8.55), compared to (₹7.38) in Q4 FY25.

Full-Year Consolidated Financial Performance

For the financial year ended March 31, 2026, Raymond Lifestyle delivered its highest-ever total income. The consolidated income from operations for FY26 stood at ₹6,88,800 lakhs, compared to ₹6,17,674 lakhs in FY25. Net profit after tax for the full year was ₹4,617 lakhs, up from ₹3,819 lakhs in FY25. The EBITDA margin expanded to 11.4% from 10.2% in the previous year, an improvement of 120 basis points. The company maintained a net debt-free status with a net cash surplus of ₹179 Cr. Reserves as shown in the balance sheet stood at ₹9,62,364 lakhs for FY26, compared to ₹9,57,549 lakhs in FY25, with paid-up equity share capital at ₹1,218 lakhs (face value ₹2 per share). The full-year basic and diluted EPS stood at ₹7.59, compared to ₹6.27 in FY25.

Standalone Financial Performance

On a standalone basis, Raymond Lifestyle reported income from operations of ₹1,32,717 lakhs in Q4 FY26, compared to ₹1,14,298 lakhs in Q4 FY25. The standalone profit/(loss) before tax for Q4 FY26 was (₹7,783) lakhs, an improvement from (₹8,076) lakhs in Q4 FY25. Standalone profit/(loss) after tax for the quarter stood at (₹6,121) lakhs, compared to (₹6,449) lakhs in the prior year period. For the full year FY26, standalone income from operations was ₹5,35,638 lakhs, against ₹4,68,128 lakhs in FY25. Standalone profit before tax for FY26 was ₹7,809 lakhs, a turnaround from (₹483) lakhs in FY25, while standalone profit after tax was ₹5,173 lakhs versus (₹900) lakhs in FY25.

Segment Performance

The Branded Textile segment led the growth with revenue increasing by 14% to ₹831 Cr in Q4 FY26 and EBITDA growing by 126% to ₹115 Cr. The Branded Apparel segment revenue rose by 20% year-on-year to ₹469 Cr, reporting an EBITDA of ₹19 Cr. The Garmenting segment reported a 38% revenue growth to ₹342 Cr, while the High Value Cotton Shirting segment revenue stood at ₹197 Cr.

Operational Highlights

The company optimized its retail network, ending the year with 1,653 stores. During the year, Raymond Lifestyle opened 89 premium stores and strategically exited 124 low-performing units. Working capital efficiency improved, with net working capital days reducing to 77 days in FY26 from 87 days in FY25. The company remains net debt free, maintaining a robust balance sheet.

Strategic Outlook

Management outlined a strategy focused on premiumization across all segments, casualization of product lines, and geography diversification to de-risk the Garmenting business. The company aims to leverage the UK FTA and expand distribution via MBO and LFS counters. Additionally, Raymond Lifestyle has set ESG targets, including a 25% renewable energy target and zero waste to landfill by 2030.

Source: None/Company/INE02ID01020/e3198624-f4f5-4cd5-a1f3-bb95df19ac5a.pdf

Raymond Lifestyle Limited's Board of Directors, at its meeting held on May 06, 2026, approved the dual appointment of Mr. Satyaki Ghosh as Additional Director and Whole Time Director of the Company. The appointments were made upon the recommendation of the Nomination and Remuneration Committee and remain subject to the approval of shareholders. The board meeting commenced at 02:15 p.m. and concluded at 05:30 p.m.

Appointment Details

The key parameters of Mr. Ghosh's appointment, as disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, are outlined below:

Professional Profile

Mr. Satyaki Ghosh is an accomplished business leader with over 25 years of experience across FMCG, textiles, retail, and consumer businesses, with deep expertise spanning both B2B and B2C environments. He brings extensive leadership experience from his previous tenure at the Aditya Birla Group, where he most recently served as CEO of Cellulosic Fashion Yarn at Grasim Industries, leading a large, manufacturing-intensive business with a strong focus on operational excellence, sustainability, and profitable growth.

Prior to that, Mr. Ghosh served as Chief Executive Officer – Domestic Textiles at the Aditya Birla Group and also led the Thai Acrylic Fibre business, overseeing multi-country operations and complex global manufacturing footprints. Earlier in his career, he spent over seven years with L'Oréal India, where he held senior leadership roles including Director – Consumer Products Division, with responsibility for several leading global brands such as L'Oréal Paris, Garnier, and Maybelline.

His broader professional background includes leadership roles at the following organisations:

• PepsiCo India
• Spencer's Retail
• GE Lighting
• Burns Philp

These roles provided him with a strong foundation across sales, marketing, supply chain, and people leadership in large, scaled organisations. Throughout his career, he has demonstrated capabilities in strategic leadership, business transformation, operational rigor, and talent development.

Regulatory Compliance

Raymond Lifestyle has confirmed that Mr. Satyaki Ghosh is not debarred from holding the office of director by virtue of any order of the Securities and Exchange Board of India (SEBI) or any other such authority, in accordance with BSE Circular No. LIST/COMP/14/2018-19 dated June 20, 2018. The intimation has been filed pursuant to Regulation 30 read with Clause 7 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.