Raymond Limited reported a significant decline in quarterly profitability for Q4 FY26, with net profit falling 53% year-on-year to ₹12 crore and profit before tax dropping 43% to ₹25 crore. According to reports from The Hindu BusinessLine, EBITDA for the quarter declined 14% to ₹85 crore, with margins contracting to 13.9% from 16.4% in the same period last year. Total income for Q4 grew a modest 1.8% to ₹613 crore, indicating mixed operational performance during the quarter.
For the full year FY26, total income rose 10% to ₹2,312 crore, though EBITDA remained flat at ₹335 crore. As reported by The Hindu BusinessLine, the full-year figure included a one-time land sale gain of approximately ₹13 crore in the second quarter. PBT for the year fell 20% to ₹99 crore, reflecting the challenging operating environment. The company maintained a net cash surplus of ₹68 crore despite the profit decline.
Shares of Raymond Limited fell 3.47% to close at ₹442.95 on the NSE following the earnings announcement. According to The Hindu BusinessLine, the stock has shed over 71% in the past year and is now trading in the NIFTY SMALLCAP 500 index with a total market capitalisation of approximately ₹2,988 crore. The stock had touched a 52-week high of ₹1,603.80 in May 2025, highlighting the significant decline from its peak performance.
Raymond's Aerospace and Defence unit posted revenue growth of 26% for FY26 to ₹392 crore, with EBITDA margins holding steady at around 22-25%. As reported by The Hindu BusinessLine, the Precision Technology and Auto Components segment reported 10% revenue growth to ₹1,667 crore, with EBITDA margins improving to 13.4% from 11% a year ago. The aerospace order book stands at over ₹2,350 crore over the next five years.
The company is investing in a new manufacturing facility in Gudipalli, Andhra Pradesh, with a combined capex of ₹930 crore spread over five years across both segments, targeting commercial production by late 2027. According to The Hindu BusinessLine, this strategic investment reflects the company's commitment to expanding its manufacturing capabilities and strengthening its position in the aerospace and defence sectors.
