Raymond Limited has made the audio recording of its investor conference available to the public, providing insights into the company’s financial performance for the first quarter ended June 30, 2026. The conference call, held on August 7, 2026, at 5:00 p.m., allows investors and analysts to review management’s commentary on the latest quarterly results directly.

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Raymond Limited submitted the intimation to both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) on August 7, 2026. The filing confirms that the recording has been hosted on the company’s official website, ensuring transparency and easy access for stakeholders interested in the detailed discussion surrounding the Q1FY27 performance.

Key Details of the Filing

The following table outlines the specific details of the investor conference and the regulatory submission:

Rakesh Darji, Company Secretary at Raymond Limited, signed the intimation letter addressed to the Department of Corporate Services at BSE Limited and NSE Limited. The document serves as a formal record that the audio file is now live on the corporate website, enabling market participants to listen to the full dialogue between management and analysts.

This procedural update ensures that all investors have equal access to the qualitative aspects of the earnings release, complementing the quantitative data previously disclosed in the statutory results. The availability of the recording supports the broader objective of regulatory transparency mandated by SEBI for listed entities.

Raymond Limited reported a 50% year-on-year increase in consolidated net profit to ₹31 crore for the first quarter of FY27 (Q1FY27), driven by robust demand in its aerospace and precision engineering verticals. Total income rose 13% to ₹628 crore, while earnings before interest, tax, depreciation, and amortization (EBITDA) grew 14% to ₹100 crore. This strong financial performance underscores the success of the company's strategic pivot toward high-barrier engineering sectors following the demerger of its realty business. The Board of Directors approved the unaudited financial results on August 7, 2026, pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by statutory auditors Price Waterhouse Chartered Accountants LLP under Standard on Review Engagements (SRE) 2410.

Segment Performance

The growth was anchored by the Precision Technology & Auto Components and Aerospace & Defence divisions, which delivered record quarterly revenues. The following table summarizes the performance across segments:

The Aerospace & Defence segment witnessed a 40.4% revenue surge to ₹123 crore, capitalizing on domestic production shifts for global Tier-1 partners. While EBITDA grew by 25.4% to ₹26 crore, margins compressed slightly to 21.20% from 23.70% due to targeted research and development investments required for new program acquisitions. Management indicated that margins are expected to stabilize as these programs reach steady-state execution.

In the Precision Technology & Auto Components segment, revenue rose 11.5% to ₹444 crore, supported by export growth in hybrid sector components despite geopolitical headwinds. EBITDA in this segment jumped 45.5% to ₹61 crore, with margins improving to 13.80% from 10.60%, attributed to volume growth, improved product mix, and operating leverage.

What the Numbers Show

A key analytical observation is the divergence between top-line growth and profitability drivers across segments. While the Aerospace segment drove significant revenue acceleration, its margin expansion was muted by upfront R&D costs, suggesting a longer-term payoff structure. Conversely, the Precision Technology segment delivered disproportionate profit growth — a 45.5% EBITDA rise against an 11.5% revenue rise — indicating mature operational efficiency and cost-control mechanisms in this division. This dual-engine model allows Raymond to balance high-growth, margin-intensive projects with stable, cash-generating operations.

Balance Sheet and Subsequent Events

Raymond Limited remains net-debt-free, maintaining a net cash surplus of ₹129 crore as of June 2026. This liquidity position provides financial flexibility for future organic and inorganic growth opportunities.

Subsequent to the quarter-end, on July 7, 2026, the company allotted 66,57,373 convertible warrants to JK Investors (Bombay) Limited, a promoter group entity, at an issue price of ₹497 per warrant. The company received an upfront subscription of ₹124.25 per warrant (25% of the issue price), aggregating to ₹82.72 crore. Each warrant is convertible into one equity share of ₹10 face value within 18 months upon payment of the balance consideration.