Raymond Limited , a pioneer in fabric manufacturing and engineering, has announced its unaudited financial results for the first quarter, showcasing robust growth and strategic advancements in its core businesses.

Financial Highlights

Raymond Limited reported a significant increase in revenue from operations, reaching ₹524.00 crore, up 17% from ₹450.00 crore in the same quarter of the previous year. The company's total income stood at ₹555.00 crore, reflecting an 11% year-on-year growth. Despite this strong top-line performance, EBITDA saw a marginal decrease to ₹87.00 crore, with an EBITDA margin of 15.70%, compared to 18.90% in the same quarter last year.

The company maintained its strong financial position, remaining net debt-free with a cash surplus of ₹157.00 crore.

Segmental Performance

Aerospace & Defence Business

This segment demonstrated exceptional growth, with revenue increasing by 37% to ₹87.00 crore from ₹64.00 crore in the same quarter of the previous year. EBITDA for the segment grew by 30% to ₹21.00 crore, with an EBITDA margin of 23.70%.

Precision Technology & Auto Components

The segment reported a 12% increase in revenue, reaching ₹398.00 crore. EBITDA grew by 8% to ₹42.00 crore, with the EBITDA margin slightly decreasing to 10.60% from 11.00% in the same quarter of the previous year.

Strategic Developments

Raymond Limited announced two significant long-term supply agreements with Pratt & Whitney and Safran Aircraft Engines. These partnerships will involve supplying complex precision-machined and assembled aerospace components, further solidifying Raymond's position in the global aerospace manufacturing sector.

The company also completed a restructuring process, following an NCLT order dated July 4, 2025. As a result, two new subsidiaries were formed: JK Maini Precision Technology Ltd. and JK Maini Global Aerospace Ltd.

Management Commentary

Gautam Hari Singhania, Chairman & Managing Director of Raymond Limited, expressed optimism about the company's performance and future prospects. He stated, "We're delighted to announce signing of two strategic, long-term supply agreements with Pratt & Whitney and Safran Engines. These landmark partnerships will see us supply complex precision-machined and assembled components, underscoring our unwavering commitment to excellence and significantly bolstering our global presence in aerospace manufacturing. Our auto component and engineering consumables business also had a strong quarter, demonstrating robust performance in a competitive market."

Outlook

Raymond Limited remains optimistic about its future growth trajectory, driven by its expansion strategy into new product categories and geographical markets. The company's focus on operational efficiencies, integration synergies, and the 'China-plus-one' strategy is expected to support continued business momentum across domestic and international markets.

With its strong performance in the first quarter and strategic initiatives in place, Raymond Limited appears well-positioned to capitalize on opportunities across its core business segments, aiming to deliver sustained value to its stakeholders in the coming quarters.

Raymond Realty, a prominent player in the real estate sector, has reported a 23% year-on-year revenue decline to ₹374.00 crore in the first quarter, marking its first quarterly results since listing as a separate entity following demerger from Raymond Ltd.

Financial Performance

The company's total income fell to ₹392.00 crore from ₹498.00 crore in the same period last year. EBITDA dropped 39% to ₹41.00 crore, with margins compressing to 10.50% from 13.50%. Raymond Realty attributed the decline to low inventory levels in mature projects and natural sales tapering.

Sales and Collections

Booking value decreased significantly to ₹306.00 crore from ₹611.00 crore, primarily from sales of The Address by GS 2.0 and Ten X Era in Thane. Collections stood at ₹374.00 crore versus ₹483.00 crore last year.

Key Financial Metrics

Management Outlook

Managing Director Harmohan Sahni indicated that the performance was in line with expectations and anticipates stronger activity in the second half with new project launches.

Portfolio and Future Plans

Raymond Realty maintains a portfolio with a gross development value of ₹40,000.00 crore, including:

• 100 acres in Thane with ₹25,000.00 crore potential revenue
• Six Joint Development Agreements worth ₹14,000.00 crore

The company remains debt-free with a net cash surplus of ₹233.00 crore and plans to launch three to four JDA projects over the next six to nine months.

Stock Performance

Raymond Realty's shares ended at ₹728.00, up 4.79%, despite the reported revenue decline.

As the real estate sector continues to evolve, investors and market watchers will be keen to see how Raymond Realty navigates the challenging business environment and capitalizes on its planned project launches in the coming quarters.