Raymond Limited announced its unaudited financial results for the second quarter and half year ended September 30, 2026. The company reported a robust 21% year-over-year growth in total income, reaching ₹683 crore in Q2 FY27. EBITDA also saw a substantial 30% increase to ₹103 crore, with EBITDA margins improving to 15.1%. Key divisions like Aerospace & Defence and Precision Technology & Auto Components drove this performance.
Raymond Reports Stellar Q2 FY27 Financial Performance
Raymond Limited has declared its unaudited financial results for the quarter and half year ended September 30, 2026. The company showcased strong growth momentum, with total income in the second quarter of FY27 reaching ₹683 crore, marking a significant 21% increase compared to the same period last year. This performance reflects a healthy expansion in its core businesses.
EBITDA and Margins Improve
The company’s EBITDA for Q2 FY27 stood at ₹103 crore, an impressive 30% jump year-over-year from ₹79 crore in Q2 FY26. The EBITDA margin also improved to 15.1% in Q2 FY27 from 14.1% in the prior year’s corresponding quarter. Raymond maintained its net debt-free status, ending the September 2026 period with a net cash surplus of ₹77 crore.
Segmental Highlights Drive Growth
The robust performance was primarily anchored by the Aerospace & Defence and Precision Technology & Auto Components divisions. The Aerospace division achieved an all-time high revenue of ₹139 crore in Q2 FY27, a 72% Y-o-Y growth, with EBITDA surging 72% to ₹29 crore. The Precision Technology & Auto Components segment generated ₹471 crore in revenue, a 15% Y-o-Y growth, with EBITDA increasing to ₹61 crore.
Commenting on the results, Gautam Hari Singhania, Chairman & Managing Director, stated, “Our strong double-digit growth across Q2 and H1 FY27 highlights the compounding momentum of our pure-play engineering platform.” He emphasized the exceptional execution in the Aerospace & Defence and Precision Technology segments, contributing to sustainable, high-margin value for shareholders.
Outlook and Expansion
Raymond Limited is focused on capitalizing on global demand by expanding its footprint in the high-precision aerospace sector, supported by an ongoing ₹510 crore greenfield capacity expansion in Andhra Pradesh. Similarly, the Precision Technology & Auto Components division is leveraging ‘China Plus One’ tailwinds and expanding its global reach, backed by a ₹430 crore greenfield manufacturing expansion in Andhra Pradesh.
Source: BSE
