Raymond FY26 Net Profit Rises 3% to ₹53 Cr

Raymond Limited's Board of Directors approved the Audited Financial Results (Standalone & Consolidated) for the financial year ended March 31, 2026. The company reported a consolidated total income of ₹2,312 Cr for FY26, representing a 10% increase over the previous year's ₹2,105 Cr. Net profit for the year grew 3% year-on-year to ₹53 Cr from ₹52 Cr in FY25. Raymond ended the year with a net cash surplus of ₹68 Cr, maintaining a net-debt-free status.

Consolidated Financial Performance

Revenue from operations for FY26 stood at ₹2,212 Cr compared to ₹1,947 Cr in FY25. EBITDA remained flat year-on-year at ₹335 Cr, with an EBITDA margin of 14.5% versus 15.9% in the previous year. The margin compression was attributed to a reduction in non-operating income following the transfer of ₹600 Cr to Raymond Realty post-demerger. FY26 EBITDA included a one-time gain of approximately ₹13 Cr from the sale of land in Q2 FY26.

Particulars (₹ Cr.):	Q4 FY26	Q3 FY26	Q4 FY25	YoY Change	FY26	FY25	YoY Change
Revenue from Operations:	603	557	557	2%	2,212	1,947	10%
Other Income:	10	23	44	(78%)	100	158	—
Total Income:	613	580	601	2%	2,312	2,105	10%
EBITDA:	85	83	99	(14%)	335*	335	(0%)
EBITDA Margin %:	13.9%	14.3%	16.4%	—	14.5%	15.9%	—
Net Profit:	12	7	25	(53%)	53	52	3%

*FY26 EBITDA includes a one-time gain of ~₹13 Cr on account of sale of land in Q2 FY26.

Segmental Performance

Aerospace & Defence

The Aerospace & Defence segment delivered strong growth, with full-year revenue rising 26% YoY to ₹392 Cr from ₹311 Cr in FY25. EBITDA grew 25% to ₹88 Cr, with margins remaining stable at 22.3%. The segment holds an order book of INR 2,350+ crore over the next 5 years. Management highlighted that over 75% of products are for the engine segment across global OEMs.

Aerospace & Defence (₹ Cr.):	Q4 FY26	Q4 FY25	YoY	FY26	FY25	YoY
Revenue:	119	107	11%	392	311	26%
EBITDA:	30	27	11%	88	70	25%
EBITDA Margin:	25.5%	25.5%	—	22.3%	22.4%	—

Precision Technology & Auto Components

The Precision Technology & Auto Components segment reported FY26 revenue of ₹1,667 Cr, up 10.2% from FY25. EBITDA surged 34% to ₹223 Cr, driven by volume growth, improved product mix, and operational efficiencies. The margin expanded to 13.4% from 11.0% in the previous year.

Precision Technology & Auto Components (₹ Cr.):	Q4 FY26	Q4 FY25	YoY	FY26	FY25	YoY
Revenue:	442	421	5%	1,667	1,513	10%
EBITDA:	67	53	26%	223	167	34%
EBITDA Margin:	15.2%	12.7%	—	13.4%	11.0%	—

Capital Expenditure and Expansion Plans

Raymond announced a transformative capital expenditure program of INR 930 crores over the next 5 years to meet surging international demand. This includes INR 500 crores for the Aerospace & Defence segment and INR 430 crores for Precision Technology & Auto Components. The company is establishing a greenfield facility in Gudipalli, Andhra Pradesh, with commercial production expected to commence by the second half of FY28. Management indicated a target of adding 250 to 300 new components annually.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.58%	-0.20%	+17.20%	+11.26%	-14.72%	+43.90%

Raymond Limited's promoters have formally declared the absence of any encumbrance on their shareholding in the company for Financial Year 2025-26. The declaration, dated April 01, 2026, was submitted by Gautam Hari Singhania on behalf of all promoters, members of the promoter group, and persons acting in concert with them.

Regulatory Compliance Declaration

The disclosure was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended. The regulation mandates that promoters and promoter group members declare whether any encumbrance has been created on their shareholding during the relevant financial year.

The key details of the declaration are outlined below:

Parameter:	Details
Declaration Date:	April 01, 2026
Declarant:	Gautam Hari Singhania, on behalf of all Promoters/Promoter Group
Regulatory Provision:	Regulation 31(4), SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Financial Year:	2025-26
Nature of Declaration:	No encumbrance, directly or indirectly, other than those already disclosed
Submitted To:	BSE Limited and National Stock Exchange of India Ltd

Scope of the Declaration

The declaration confirms that the promoters and members of the promoter group of Raymond Limited, along with persons acting in concert, have not made any encumbrance directly or indirectly in respect of their shareholding in Raymond Limited during Financial Year 2025-26, other than those already disclosed. The disclosure was also marked to the Audit Committee of Raymond Limited for their records.

The submission was addressed to the Department of Corporate Services at BSE Limited, P.J. Towers, Dalal Street, Mumbai, as well as to the National Stock Exchange of India Ltd at Exchange Plaza, Bandra-Kurla Complex, Mumbai.