Raymond Limited has reported its financial results for the fiscal year 2026, showcasing a 10% year-over-year growth in total income to ₹2,312 crore. Despite margin pressures, the company maintained an annual EBITDA of ₹335 crore. The firm remains net-debt-free, ending the year with a net cash surplus of ₹68 crore, driven by robust performance in its Aerospace & Defence and Precision Technology & Auto Components divisions.
FY26 Financial Highlights
Raymond Limited has concluded the fiscal year 2026 with a strong financial performance. The company achieved a total income of ₹2,312 crore, marking a 10% increase compared to the ₹2,105 crore reported in FY25. Annual EBITDA remained steady at ₹335 crore, with an EBITDA margin of 14.5%. The management noted that while non-operating income compressed overall margins, the core business operations remain fundamentally robust.
Segmental Performance Overview
The company’s growth was primarily anchored by its two core verticals. The Aerospace & Defence division reported revenue of ₹392 crore, a significant 26% growth year-over-year, with an EBITDA of ₹88 crore. This success was driven by increased production for leading global OEMs and a steady pipeline of new project opportunities.
The Precision Technology & Auto Components division also delivered strong results, with revenue growing by 10.2% to ₹1,667 crore and EBITDA reaching ₹223 crore. Enhanced operational scale and an optimized product portfolio, combined with export momentum in the hybrid vehicle sector, were key drivers for this business unit.
Strategic Financial Position
Raymond Limited maintains a solid balance sheet, continuing its status as a net-debt-free entity. The year-end net cash surplus stands at ₹68 crore, which the company intends to leverage for future organic and inorganic growth opportunities. The management remains focused on scaling high-moat sectors where technical expertise provides a competitive advantage in the global market.
Source: BSE