Raymond has outlined its positive outlook for future growth, emphasizing strategic expansion across new products and geographical markets. The company's management has expressed confidence in its ability to capitalize on emerging opportunities while strengthening its global presence.

Strategic Expansion Initiatives

The company is actively pursuing expansion into new product categories and regional markets as part of its growth strategy. This diversification approach aims to broaden Raymond's market reach and reduce dependency on existing product lines and geographical segments.

Global Customer Onboarding Progress

Raymond anticipates continued success in its global customer acquisition efforts. The company has highlighted positive momentum in onboarding international clients, which forms a crucial component of its expansion strategy. This customer base diversification is expected to contribute to the company's revenue growth trajectory.

Strategic Program Development

The company's strategic programs are progressing from the request for quotation (RFQ) stage toward contract completion. This advancement in the sales pipeline indicates potential revenue conversion in the coming periods, supporting management's optimistic outlook for business development.

FY26 Outlook

Management has expressed readiness for a strong conclusion to FY26, supported by the various strategic initiatives currently underway. The combination of product expansion, regional growth, and customer onboarding efforts is expected to contribute to the company's performance in the remaining period of the fiscal year.

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.

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.

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.

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