Raymond Limited Reports Strong Q3FY26 Results with 18% Revenue Growth to ₹580 Crores
Raymond Limited reported strong Q3FY26 results with total income growing 18% YoY to ₹580 crores and EBITDA increasing 27% to ₹83 crores. The aerospace & defense segment led with 49% revenue growth, while precision technology & auto components grew 15%. Nine-month FY26 total income reached ₹1,699 crores, up 13% from the previous year.

*this image is generated using AI for illustrative purposes only.
Raymond Limited has announced strong financial results for the third quarter and nine months ended December 31, 2025, showcasing robust performance across its key business segments. The company's total income for Q3FY26 reached ₹580 crores, marking an 18% year-on-year growth from ₹493 crores in Q3FY25.
Financial Performance Overview
The company demonstrated strong operational efficiency with EBITDA growing 27% to ₹83 crores in Q3FY26 compared to ₹65 crores in the previous year quarter. EBITDA margin expanded to 14.3% from 13.3% in Q3FY25, reflecting improved operational leverage and product mix optimization.
| Financial Metric: | Q3 FY26 | Q3 FY25 | YoY Change |
|---|---|---|---|
| Total Income: | ₹580 Cr | ₹493 Cr | +18% |
| EBITDA: | ₹83 Cr | ₹65 Cr | +27% |
| EBITDA Margin: | 14.3% | 13.3% | +100 bps |
| Net Profit: | ₹7 Cr | ₹4 Cr | +78% |
For the nine-month period FY26, total income reached ₹1,699 crores, representing a 13% increase from ₹1,504 crores in 9MFY25. The nine-month EBITDA stood at ₹250 crores with a margin of 14.7%.
Segment-wise Performance
The aerospace & defense segment emerged as the standout performer with revenue of ₹105 crores in Q3FY26, registering impressive 49% year-on-year growth from ₹70 crores in Q3FY25. This growth was driven by production ramp-ups at key aerospace OEMs and incremental revenue from newly developed parts that entered production.
| Segment Performance: | Q3 FY26 Revenue | Q3 FY25 Revenue | YoY Growth |
|---|---|---|---|
| Aerospace & Defense: | ₹105 Cr | ₹70 Cr | +49% |
| Precision Technology & Auto: | ₹417 Cr | ₹363 Cr | +15% |
| Others: | ₹58 Cr | ₹59 Cr | -1% |
The precision technology & auto components segment recorded revenue of ₹417 crores in Q3FY26, up 15% from ₹363 crores in the previous year. This growth was fueled by strong demand for hybrid products in Europe and robust domestic demand in the tools & hardware category.
Nine-Month Consolidated Results
For the nine-month period, the aerospace & defense segment generated revenue of ₹273 crores, marking 34% growth from ₹204 crores in 9MFY25. The precision technology & auto components segment achieved revenue of ₹1,225 crores, up 12% from ₹1,091 crores in the corresponding previous period.
| Nine-Month Segment Performance: | 9M FY26 Revenue | 9M FY25 Revenue | YoY Growth |
|---|---|---|---|
| Precision Technology & Auto: | ₹1,225 Cr | ₹1,091 Cr | +12% |
| Aerospace & Defense: | ₹273 Cr | ₹204 Cr | +34% |
| Others: | ₹201 Cr | ₹208 Cr | -3% |
Business Highlights
The company's aerospace division continues to strengthen its position as a preferred supplier to top global aircraft engine manufacturers, with expertise in manufacturing precision aero engine components. The division has developed over 1,200 precision aero engine parts and supplies to 25+ global aerospace component manufacturing clients.
In the precision technology segment, Raymond serves over 100 large customers globally across 18+ international locations, manufacturing more than 2,000 auto components. The company maintains strong relationships as a trusted Tier-1 supplier with established partnerships spanning seven decades.
Source: Raymond Limited Investor Presentation
Historical Stock Returns for Raymond
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.03% | -1.89% | -10.27% | -45.50% | -22.23% | +494.09% |


































