Raymond Limited announced unaudited financial results for Q2 FY26, demonstrating strong momentum with a 10% increase in total income to ₹564 Cr. EBITDA reached ₹79 Cr, with a 14.1% margin. The company remains net debt-free with a net cash surplus of ₹27 Cr. Aerospace & Defence and Precision Technology & Auto Components segments drove the performance.
Q2 FY26 Financial Performance
Raymond Limited announced its unaudited financial results for the quarter ended September 30, 2025, showcasing positive growth. Key highlights include:
- Total Income: Increased by 10% year-over-year, reaching ₹564 Cr compared to ₹512 Cr in Q2 FY25.
- EBITDA: Grew to ₹79 Cr, a 3% increase from ₹77 Cr in Q2 FY25.
- EBITDA Margin: Stood at 14.1%, slightly lower than the 15.1% recorded in Q2 FY25.
- Net Cash: Raymond continues to be net debt-free, maintaining a net cash surplus of ₹27 Cr.
Segmental Highlights
The company’s performance was primarily driven by the Aerospace & Defence and Precision Technology & Auto Components segments.
Aerospace & Defence:
This segment reported revenue of ₹81 crore in Q2 FY26, a 15.0% increase compared to ₹70 crore in Q2 FY25. EBITDA also saw substantial growth of 34.0%, climbing to ₹17 crore from ₹13 crore in the same period last year. The EBITDA margin for the quarter was strong at 21.0%, as against 18.0% in Q2 FY25, benefiting from higher sales volumes.
Precision Technology & Auto Components:
This segment generated revenue of ₹409 crore in Q2 FY26, reflecting a 9.9% increase compared to ₹373 crore in Q2 FY25. EBITDA also significantly increased by 57.3%, reaching ₹57 crore compared to ₹36 crore in Q2 FY25. This performance resulted in a strong EBITDA margin of 13.9%, significantly up from 9.7% last year, primarily due to robust domestic demand in both Auto Components and Tools & Hardware, and also includes a one-time gain of ~ ₹13 crore.
Strategic Outlook
Raymond Limited is focused on business momentum across domestic and international markets supported by the China-plus one strategy and focused operational efficiencies.
Source: BSE
