RAYMONDIndustrials

Raymond Limited

Industrial Products · ISIN INE301A01014 · BSE 500330 · NSE EQ · FV ₹10
Last price
₹978
-1.58%today
What this company does

Raymond Limited operates in Industrial Products, part of the Industrials sector. It booked ₹606 cr of revenue in its latest quarter (Q1 FY27) and kept 3.5% of sales as profit.

In the report:
46out of 100
Equitytale Health Score
Mixed

Healthier than 46% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 129–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
overbought
RSI (14)
77

At close. Not part of the score.

Profitability & returns25

How much profit it earns on the money it employs

Balance sheet45

How much it owes, and whether earnings cover the interest

Cash quality54

Whether reported profit actually arrives as cash

Growth & consistency57

Whether sales and profit have grown, and how steadily

Valuation29

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Some things to watchPriced in line with peers
Strengths
Makes a profit
Sales up 16% vs last year
Promoters hold 49%
No promoter shares pledged
Watch-outs
! Thin 3.5% net margin
! Profit down 100% vs last year
! Low 3.0% return on equity
! Operating cash flow is negative

What if I invest in RAYMOND?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹978 -1.58%
latest close · 2026-09-17
1-year return
+147.5%
52-wk low ₹39152-wk high ₹1,279
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio77.6High
LowAverageHigh
P/B ratio2.29Moderate
Below bookModerateHigh
EV / EBITDA18.5High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity3.0%Weak
WeakFairStrong ▸15%
Return on capital6.8%Weak
WeakFairStrong
Net margin3.5%Thin
ThinDecentStrong
EBITDA margin16.5%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.32Comfortable
LowModerateHigh ▸1
Interest cover3.1×Okay
RiskyOkayStrong ▸5×
Current ratio1.73Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹6,510 cr
Book value
₹427
EPS
₹3.15
latest quarter
Net debt
₹864 cr
owes more than its cash
Enterprise value
₹7,374 cr
EBITDA
₹399 cr
annualised
EBIT
₹248 cr
annualised
Operating margin
10.2%
Return on assets
1.8%
Earnings yield
1.29%
P/S
2.69
Sales / share
₹364.0
Tax rate
25.2%
Face value
₹10
Shares
6.7 cr
Working capital
₹805 cr
Current assets
₹1,914 cr
Current liabilities
₹1,108 cr
Delivery %
23.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹2,782₹2,782, midpoint ₹2,782

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹606 cr
Other Income₹22 cr
Total Income₹628 cr
Cost of Materials₹187 cr
Purchases of Stock-in-Trade₹15 cr
Inventory Change (±)₹-2 cr
Employee Benefit Expense₹114 cr
Finance Costs₹20 cr
Depreciation & Amortisation₹38 cr
Other Expenses₹214 cr
Total Expenses₹586 cr
Profit before Tax₹42 cr
Tax Expense₹10 cr
Share of JV / Associates₹-29 L
Net Profit₹31 cr
Net margin on total income4.9%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹200 cr31.9%
Employee benefit expense₹114 cr18.1%
Finance costs₹20 cr3.2%
Depreciation & amortisation₹38 cr6.0%
Other expenses₹214 cr34.2%
Tax expense₹10 cr1.7%
Profit for the period₹31 cr4.9%
Total income ₹628 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue557 cr603 cr606 cr
Total income580 cr613 cr628 cr
Expenses556 cr587 cr586 cr
Profit before tax10 cr5 cr42 cr
Tax3 cr-8 cr10 cr
Net profit (owners' share)4 cr1 cr21 cr
Net margin (owners' share, on revenue)0.6%0.2%3.5%
EPS (₹)0.540.173.15
YoY (latest quarter): total income +13.1% · net profit -99.6%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹4,738 cr
Shareholder equity
₹2,844 cr
parent shareholders
Total debt
₹999 cr
Cash
₹135 cr
Cash flow · H1 FY26
Operating
₹-33 cr
Investing
₹-210 cr
Financing
₹254 cr
Peer comparison
Industrial Products · by market value
CompanyPriceMarket capP/E
INDO-MIM Limited₹993₹48,086 cr50.1
Aditya Infotech Limited₹3,378₹39,814 cr70.0
Syrma SGS Technology Limited₹1,618₹31,158 cr77.9
Honeywell Automation India Limited₹33,915₹29,845 cr49.7
Kaynes Technology India Limited₹3,520₹23,596 cr104.5
Jyoti CNC Automation Limited₹981₹22,305 cr97.7
LMW Limited₹18,170₹19,406 cr87.4
Tega Industries Limited₹1,920₹14,425 cr
LLOYDS ENGINEERING WORKS LIMITED₹80₹11,801 cr42.7
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹10
ex 13 Jun 2024
ActionDetailEx-date
Dividend₹10 / share13 Jun 2024
Dividend₹3 / share23 Jun 2023
Dividend₹3 / share30 Jun 2022
Dividend₹3 / share23 May 2019
Dividend₹3 / share22 May 2018
Dividend₹1.25 / share25 May 2017
Who owns it · 2026-06-30
No pledge
Promoter
48.9%
FII / Foreign
7.9%
DII / Domestic
3.8%
Retail / others
39.4%
Promoter stake down 0.2% over the last 12 quarters.
Smart-money activity
Insider trades
SoldShephali Ruia · Promoter Group10,00010 Jun 24
SoldShephali Ruia · Promoter Group5,000 · ₹1.2 cr7 Jun 24
SoldShephali Ruia · Promoter Group3,513 · ₹80.4 L6 Jun 24
Bulk / block deals
BoughtQE SECURITIES LLP · NSE8.48 L @ ₹978.8416 Sep 26
SoldQE SECURITIES LLP · NSE8.46 L @ ₹981.7816 Sep 26
BoughtMICROCURVES TRADING PRIVATE LIMITED · NSE3.92 L @ ₹982.8216 Sep 26
Stake changes
BoughtJ.K.Investors (Bombay) Limited · promoter→ 29.83% · 2.36 L20 May 22
DisposalJ.K.Sports Foundation · promoter→ 0.01%20 May 22
BoughtJ. K. Investors (Bombay) Limited · promoter→ 29.48% · 5.50 L24 Mar 22
Promoter pledges
ReleasedADITYA BIRLA CAPITAL LIMITED8.50 L · 2.97% held20 May 26
ReleasedBAJAJ FINANCE LIMITED6.50 L · 6.27% held19 May 26
PledgedBajaj Finance Limited5.50 L · 6.63% held17 Mar 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 11 Feb 2026
See the official result
1
Appointment of Ms. Chaturvedi & Shah LLP., Chartered Accountants as Statutory Auditors of the Company to fill the casual vacancy.
Backed by 100% of shareholders other than promotersneeded 50%
51.15 L votes for, 5,111 against · 0% of mutual funds and other big investors said no
2
Appointment of Mr. Tikka Singh (DIN: 06521398) as an Independent Director of the Company.
Backed by 100% of shareholders other than promotersneeded 75%
51.13 L votes for, 6,599 against · 0% of mutual funds and other big investors said no
3
Appointment of Mr. Ajoy Mehta (DIN: 00155180) as an Independent Director of the Company.
Backed by 100% of shareholders other than promotersneeded 75%
51.13 L votes for, 6,611 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 11 named members
owning 48.9% between them · as of 2026-06-30
J K Investors (Bombay) Limited29.83%
J K Investo Trade (India) Limited12.43%
J K Helene Curtis Limited5.40%
Smt Sunitidevi Singhania Hospital Trust1.04%
Polar Investments Limited0.15%
J K Sports Foundation0.01%
Niharika Gautam Singhania0.01%
Ashadevi Singhaniano shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.