Raymond Limited , a diversified conglomerate with interests in engineering and textiles, has reported a robust performance for the second quarter of fiscal year 2026, with notable growth in its aerospace and precision technology segments.

Financial Highlights

Raymond Limited posted a total income of INR 564.00 crores in Q2 FY26, reflecting a 10% growth compared to INR 512.00 crores in the same quarter of the previous fiscal year. The company's EBITDA stood at INR 79.00 crores with a margin of 14.1%, compared to INR 77.00 crores and a 15.1% margin in Q2 FY25.

For the first half of FY26, the company's total income reached INR 1,119.00 crores, marking an 11% year-on-year increase from INR 1,011.00 crores in H1 FY25.

Segment Performance

Aerospace and Defense

The Aerospace and Defense segment delivered a strong performance with revenue of INR 81.00 crores, representing a 15% growth year-on-year. The segment's EBITDA grew by 34% to INR 17.00 crores, with an EBITDA margin of 21%.

Precision Technology and Auto Components

This segment reported revenue of INR 409.00 crores, a 10% growth compared to the previous year. EBITDA for the segment saw a significant jump of 57% to INR 57.00 crores, including a one-time gain of INR 13.00 crores.

Financial Position

Raymond Limited maintains a strong financial position, remaining net debt-free with cash and cash equivalents of INR 999.00 crores as of September 30, 2025.

Management Commentary

The management highlighted several key achievements during the quarter:

1. Successful onboarding of global customers
2. Completion of audit compliance by major OEMs
3. Positive First Article Inspection (FAI) approvals for critical engine components

Gautam Maini, Managing Director of the Engineering Business at Raymond Limited, commented on the company's strategy: "We are continuously enhancing capability on a daily basis. We handle about 110 different grades of material, which is highly complex. Our ability to be more flexible to grow at a faster pace but also to match complex parts with less complex parts has been key to our success."

Future Outlook

The company remains optimistic about its growth trajectory, particularly in the aerospace sector. With a strong order book and pipeline of new products, Raymond Limited is well-positioned to capitalize on the growing demand in the aerospace and precision engineering markets.

The management also indicated plans for strategic expansion, including potential investments in new product categories and geographical markets. The company's focus on executing a balanced mix of complex and less complex parts is expected to optimize both EBITDA and Return on Capital Employed (ROCE) in the coming years.

As India strengthens its position as a precision manufacturing hub, Raymond Limited appears well-equipped to leverage its expertise and expand its global footprint in the aerospace and engineering sectors.

Raymond , a prominent player in India's textile and apparel sector, has reported a significant increase in its financial performance for the September quarter, despite facing some market challenges.

Financial Highlights

Raymond has demonstrated robust growth in its financial results for the quarter ended September 2025. The company's net profit surged by 78% to ₹75.00 crore, compared to ₹42.00 crore in the same period last year. This substantial increase in profitability comes alongside a 7.3% growth in revenue, which reached ₹1,832.40 crore.

Segment Performance

The textile segment emerged as a key driver of growth, benefiting from strong volume increases and a higher number of wedding dates. This positive trend in the domestic market helped offset challenges faced in other areas of the business.

However, the company's garmenting and B2B export segments encountered headwinds. These divisions experienced order deferrals and margin pressure, partly attributed to U.S. tariffs. Despite these challenges, Raymond managed to maintain overall growth.

Market Response

Despite the strong financial performance, Raymond's stock price fell by 2% following the earnings announcement. This market reaction suggests that investors may be factoring in broader economic concerns or industry-specific challenges beyond the company's control.

Investor Communication

In line with its commitment to transparency, Raymond has made the audio recording of its investor conference, held on October 28, 2025, available on the company's website. This recording discusses the financial performance for the quarter and half-year ended September 30, 2025, providing investors with detailed insights into the company's results and strategy.

Raymond's performance this quarter demonstrates its resilience in a challenging market environment. While the company has shown strong profit growth and revenue increases, it continues to navigate sector-specific pressures, particularly in its export-oriented segments. As the textile and apparel industry evolves, Raymond's ability to leverage its strong domestic presence while addressing international market challenges will be crucial for sustained growth.