Raymond Limited announced its financial results for the second quarter and first half of FY27. The company posted a consolidated income of INR683 crore for Q2 FY27, marking a 21% increase year-on-year. EBITDA stood at INR103 crore with a margin of 15.1%. For the first half of FY27, total income was INR1,311 crore, up 17% year-on-year, with EBITDA at INR203 crore and a margin of 15.5%. The results reflect strong performance in precision engineering and aerospace segments.
Raymond Limited Announces Strong Q2 and H1 FY27 Financial Results
Raymond Limited has released its financial results for the second quarter (Q2) and the first half (H1) of the fiscal year 2027 (FY27), ending September 30, 2026. The company demonstrated robust growth, driven by strong performance across its core precision engineering and aerospace divisions.
Q2 FY27 Financial Highlights
In the second quarter of FY27, Raymond Limited achieved a consolidated total income of INR683 crore. This represents a significant year-on-year growth of 21%. The company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) reached INR103 crore, with an EBITDA margin of 15.1%.
H1 FY27 Financial Performance
On a cumulative basis for the first half of FY27, Raymond Limited reported a total income of INR1,311 crore, an increase of 17% compared to the same period last year. The EBITDA for the half-year stood at INR203 crore, with an improved EBITDA margin of 15.5%. This performance is attributed to the company’s strategic transition towards high-complexity subsystems and critical precision assemblies.
Segmental Performance
The Aerospace and Defense vertical, under JK Maini Global Aerospace Limited, reported a standout performance with revenue of INR139 crore in Q2 FY27, a 72% increase year-on-year. EBITDA for this segment was INR29 crore, with a margin of 21%. For the first six months, revenue was INR262 crore (up 56%) with a 21.1% EBITDA margin.
The Precision Technology and Auto Component segment, under JK Maini Precision Technology Limited, saw robust revenue growth of 15% in Q2 FY27, reaching INR471 crore compared to INR409 crore in Q2 FY26. The EBITDA for the quarter was INR61 crore, resulting in a healthy EBITDA margin of 13%.
Strategic Initiatives
Raymond Limited has also officially operationalized its automotive aftermarket business during the quarter, aiming to capture aftermarket margins across critical components through white-label products. The company continues to focus on deepening its technical capabilities and expanding qualified capacity to enhance customer stickiness and secure long-term revenue visibility.
The company is strategically expanding its manufacturing footprint with a greenfield facility in Andhra Pradesh, expected to be operational by the third quarter of FY28, and an interim brownfield facility to augment capacity and serve as a training ground.
Source: BSE
