Raymond Limited has announced its financial results for the fiscal year ending March 31, 2026. The company achieved a 10% year-on-year growth in total income, reaching ₹2,312 crore. Despite margin compression due to lower non-operating income, the core business remains robust. Raymond continues to be net-debt-free, ending the year with a net cash surplus of ₹68 crore, positioning itself well for future strategic investments in high-growth engineering sectors.
Full Year Financial Highlights
For the fiscal year ended March 31, 2026, Raymond Limited demonstrated a resilient growth trajectory. The company reported a total income of ₹2,312 crore, marking a significant 10% increase compared to the previous fiscal year. Annual EBITDA remained steady at ₹335 crore, with an EBITDA margin of 14.5%. This performance reflects the operational strength of the company’s refined focus on its core engineering verticals.
Segmental Performance Breakdown
The company’s growth was primarily anchored by two core engineering divisions. The Precision Technology & Auto Components division delivered a strong performance, generating ₹1,667 crore in revenue for FY26, a 10% increase from the prior year. The Aerospace & Defense division also saw impressive growth, with revenue rising by 26% to ₹392 crore.
In the fourth quarter (January-March 2026) alone, the Aerospace & Defense division generated ₹119 crore, an 11.5% increase over the same period in the previous year, while sustaining a healthy 25.5% EBITDA margin.
Strategic Outlook and Financial Position
Raymond Limited remains net-debt-free, providing strong financial flexibility. Following the strategic demerger of its lifestyle and realty businesses in previous periods, the company is now focused on high-moat sectors where its technical expertise offers a distinct competitive advantage. Management highlighted that the priority is to scale operations to keep pace with global demand in the Aerospace, Defence, and Precision Technology sectors, aiming to drive long-term value for shareholders.
Source: BSE
