Raymond Lifestyle Limited reported its strongest financial performance in history for FY26, crossing the INR 7,000 crore revenue milestone. Total income grew by 11% YoY, while EBITDA rose significantly by 23% YoY to INR 804 crore. As the company transitions into a Year of Consolidation for FY27, management is prioritizing premiumization, casualization, and operational efficiency to drive sustainable long-term growth across its core apparel and textile businesses.
Record Financial Performance
For the financial year ended March 31, 2026, Raymond Lifestyle Limited delivered robust growth, marking a historic achievement with total annual income reaching INR 7,034 crores, representing an 11% year-on-year increase. The company’s EBITDA also showed impressive gains, climbing to INR 804 crores with a 23% year-on-year growth and an EBITDA margin of 11.4%. The organization maintains a strong balance sheet, remaining debt-free with a net cash surplus of INR 179 crores.
Quarterly Resiliency
In Q4 FY26, the company achieved its highest-ever quarterly total income of INR 1,810 crores, a 15% year-on-year growth. EBITDA for the quarter rose by 53% to reach INR 152 crores. The company also successfully optimized its operations, reducing net working capital from 87 days to 77 days, demonstrating enhanced system efficiency.
Strategic Priorities for FY27
Management has designated FY27 as the Year of Consolidation. The strategic roadmap focuses on two primary growth levers: premiumization and casualization. The company intends to shift its product mix toward higher-value offerings, such as wool in suitings and linen in shirtings, while expanding its casual wear portfolio—led by the ColorPlus brand—to include smart casuals, denims, and knitwear.
Operational Expansion and Modernization
Raymond Lifestyle plans to expand its retail footprint with a gross addition of over 100 EBO stores in the coming year, resulting in a net increase of 30 to 40 stores after accounting for the exit of underperforming locations. Complementing this, the company is investing in digital transformation through S/4HANA implementation to modernize its supply chain and enhance operational agility. Additionally, the company is leveraging new international trade agreements, particularly the UK and Euro FTAs, to bolster its Garmenting business, which saw 38% year-on-year revenue growth in Q4.
Source: BSE
