A deep dive into Raymond Ltd. (RAYMOND) — examining the financials, valuation picture, and who owns the stock.
Raymond Revenue Trend
A 13.6% jump in revenue took Raymond Ltd.'s top line to ₹2,212 Cr in FY2026.
The long-term trend is clearly negative: Raymond Ltd.'s revenue contracted at 8.2% annually over 10 years, from ₹5,177 Cr to ₹2,212 Cr.
At ₹2,212 Cr in annual revenue, Raymond Ltd. is one of the mid-sized players in the textile products space.
| Year | Revenue | YoY % |
|---|---|---|
| FY2026 | ₹2,212 Cr | +13.6% |
| FY2025 | ₹1,947 Cr | -79.0% |
| FY2024 | ₹9,286 Cr | +11.4% |
| FY2023 | ₹8,337 Cr | +34.9% |
| FY2022 | ₹6,179 Cr | — |
View Raymond Ltd.'s full 10-year revenue trend with CAGR analysis →
Raymond Profitability
The bottom line took a hit: Raymond Ltd.'s net profit slipped 30.0% to ₹5,341 Cr in FY2026.
The net margin narrowed from 392.0% to 241.5%, suggesting rising cost pressures.
Per-share earnings moved to ₹802.31 in FY2026 from ₹1145.99 in FY2025.
Is Raymond Undervalued
Raymond Ltd. shares are currently trading at ₹595.00.
Craytheon calculates intrinsic value using the P/E Ratio and EPS Growth models. Both appear in the Valuation Models cards below.
Valuation Models
Raymond Shareholding Pattern
Promoter holding is steady at 48.9% — no buying or selling over the past 4 quarters.
Foreign institutions moved their stake down to 9.8% from 13.8% over the past year.
On the domestic institutional side, the holding is 3.6% as of March 2026 — down from 4.8%.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 48.9% | 9.8% | 3.6% | 37.7% |
| Dec 2025 | 48.9% | 11.0% | 3.4% | 36.6% |
| Sep 2025 | 48.9% | 13.6% | 3.5% | 34.0% |
| Jun 2025 | 48.9% | 13.8% | 4.8% | 32.5% |
Track quarterly shareholding changes for Raymond Ltd. →
Raymond Balance Sheet
Proportional view as of 27 Jul 2026. Hover blocks for details.
Assets
Liabilities & Equity
Total assets stood at ₹47.38B at the end of FY2026, down 38.6% from ₹77.16B a year earlier.
Investments is the largest block at 25.1%, followed by Property, Plant & Equipment at 18.6% and Intangibles & Goodwill at 14.4%.
Equity makes up 65.8% of liabilities and equity, with debt at 22.3% and operating liabilities at 11.9%. Over the year, debt is up 42.5% and equity is down 25.0%.
Balance sheet composition — FY 2026
| Category | Value |
|---|---|
| Cash & ST Investments | 6.40B |
| Receivables | 5.21B |
| Inventories | 4.87B |
| Property, Plant & Equipment | 8.79B |
| Investments | 11.90B |
| Intangibles & Goodwill | 6.83B |
| Other Assets | 3.38B |
| Category | Value |
|---|---|
| Equity | 31.18B |
| Short-term Debt | 5.47B |
| Long-term Debt | 5.08B |
| Trade Payables | 3.45B |
| Other Liabilities | 2.21B |
Raymond at a Glance
To sum up Raymond Ltd.'s financial position: the data paints a clear picture for investors evaluating this textile products stock.
Revenue of ₹2,212 Cr in FY2026, up 13.6% year-over-year.
Long-term revenue has been contracting at 8.2% annually over 10 years.
The company is profitable, with a net margin of 241.5% and net income of ₹5,341 Cr.
Unlock Full Analysis
There's more to the story. Craytheon's full profile for Raymond Ltd. includes three valuation models, decade-long financials, and insider activity.