Raymond Limited announced a healthy performance for the first quarter of FY27 ended June 30, 2026. Total income rose by 13% year-on-year to ₹628 crore, while EBITDA increased by 14% to ₹100 crore. The company maintains a net-debt-free status with a net cash surplus of ₹129 crore, supported by growth in its Aerospace & Defence and Precision Technology & Auto Components divisions.
Raymond Limited Reports Strong Q1 FY27 Performance
Raymond Limited has reported a robust financial performance for the first quarter of the financial year 2027 (Q1 FY27), ending June 30, 2026. The company announced a 13% year-on-year growth in total income, which reached ₹628 crore. This increase reflects a steady momentum in business operations compared to ₹555 crore in Q1 FY26.
EBITDA and Margins Show Improvement
The company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) saw a significant jump of 14% year-on-year, standing at ₹100 crore for Q1 FY27, up from ₹87 crore in the prior-year period. Consequently, the EBITDA margin improved to 15.9% from 15.7% in Q1 FY26, underscoring enhanced operational efficiency and profitability.
Key Growth Drivers Identified
The strong performance was primarily anchored by the Aerospace & Defence and Precision Technology & Auto Components divisions. The Aerospace & Defence segment experienced a substantial revenue increase of 40.4%, generating ₹123 crore, driven by domestic production initiatives and securing high-value contracts with global Tier-1 partners. The Precision Technology & Auto Components division reported an 11.5% revenue growth, reaching ₹444 crore, boosted by its export business and strategic resilience amidst geopolitical headwinds. Improved product mix and operational leverage contributed to margin expansion in this segment.
Financial Health and Outlook
Raymond Limited continues to maintain a strong financial position, remaining net-debt-free with a net cash surplus of ₹129 crore as of June 2026. This financial flexibility is expected to support future organic and inorganic growth opportunities. The company is strategically investing in high-moat sectors within its engineering business and is focused on capturing opportunities that build long-term shareholder wealth.
Segmental Performance Snapshot (Q1 FY27 vs. Q1 FY26)
Revenue
- Precision Technology & Auto Components: ₹444 crore (up 11% YoY)
- Aerospace & Defense: ₹123 crore (up 40% YoY)
- Others: ₹61 crore
- Total Revenue: ₹628 crore (up 13% YoY)
EBITDA
- Precision Technology & Auto Components: ₹61 crore (up 46% YoY)
- Aerospace & Defense: ₹26 crore (up 25% YoY)
- Others: ₹12 crore
- Total EBITDA: ₹100 crore (up 14% YoY)
EBITDA Margin
- Precision Technology & Auto Components: 13.8%
- Aerospace & Defense: 21.2%
- Total EBITDA Margin: 15.9%
Source: BSE
