Raymond Lifestyle Limited reported a milestone year in FY26, crossing ₹7,000 crore in total income for the first time. The company achieved ₹804 crore in EBITDA, representing a 23% year-on-year growth, driven by improved product mix and operating leverage. Despite global economic challenges, the firm maintained a resilient balance sheet, ending the year as net debt-free with a ₹179 crore net cash surplus and optimizing its working capital to 77 days.
Financial Growth and Efficiency
In a strong display of domestic performance, Raymond Lifestyle Limited (RLL) delivered impressive financial results for the fiscal year ended March 31, 2026. The company recorded an 11% growth in annual total income to ₹7,034 crore, while the fourth quarter (Q4FY26) reached ₹1,810 crore, a 15% increase compared to the same period in the previous year. Profit Before Tax (PBT) for the full year stood at ₹200 crore, reflecting a 63% year-on-year surge.
Strategic Segment Performance
The company’s core segments demonstrated strong operational efficiency. Branded Textile was a significant contributor, reporting a 14% annual revenue growth and an EBITDA margin of 17.8%. The Branded Apparel segment also saw a 14% revenue increase. Meanwhile, the Garmenting business showed resilience, navigating global volatility by shifting focus toward new customers in the UK and EU regions in anticipation of future trade agreements.
Retail Network Optimization
RLL continues to strengthen its consumer-facing presence through strategic network adjustments. As of March 31, 2026, the company operates 1,653 stores. This follows a deliberate strategy of opening 89 premium stores while exiting 124 low-performing units, ensuring higher productivity and a more premium retail footprint.
Future Outlook
Looking ahead to FY27, the company has characterized the year as a period of consolidation. The strategic roadmap includes further premiumization across all business segments, increasing the focus on casual wear, and leveraging vertical integration to de-risk its garmenting exports. Management remains committed to maintaining a high-performance culture, emphasizing sustainable profitability, and ensuring ethical, environmentally responsible growth through its well-defined ESG goals.
Source: BSE
