Raymond LimitedRAYMONDCorporate

Construction Latest results: Mar 2026 13 quarters of data
₹1,133.90
MCap ₹7,546 Cr · P/E 1.4
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹1 Cr
Sales · Mar 2026
-99.8% YoY
₹-27 Cr
Operating Profit · Mar 2026
-117.8% YoY
-2700.0%
OPM % · Mar 2026
-11839.1% YoY
₹-19 Cr
Net Profit · Mar 2026
-117.4% YoY
₹-2.84
EPS · Mar 2026
-117.2% YoY

📝 Raymond Limited — results explained

Quarter ended March 2026 (Q4 FY26)

Raymond Limited reported revenue of ₹1 crore for the quarter ended March 2026 (Q4 FY26), down 99.8% from ₹662 crore in the same quarter last year, and down 50.0% sequentially over the December 2025 quarter.

The company reported a net loss of ₹19 crore, against a net profit of ₹109 crore in the same quarter last year. Earnings per share (EPS) came in at ₹-2.84.

Operating profit stood at ₹-27 crore — an operating margin (OPM) of -2700.0%, compared with 23.0% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Raymond Limited posted revenue of ₹114 crore, a decline of 93.6% over FY25, with a net profit of ₹5,252 crore (down 41.8% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹114 crore with a net profit of ₹5,252 crore.

Valuation snapshot

At the current price of ₹1,133.90, RAYMOND has a market capitalisation of ₹7,546 crore and a trailing P/E of about 1.4.

Within the Construction industry, it is the 11th-largest of the 137 companies we track by market value.

Shareholding pattern

As of Jun 2026, promoters held 48.87%, foreign institutional investors (FIIs) 7.89%, domestic institutional investors (DIIs) 3.81%, public shareholders 39.39% of Raymond Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹7,546 Cr
Current Price ?
₹1,133.9
P/E ?
1.44below ind
Industry P/E ?
16.40
P/B ?
4.22
P/S ?
66.24
P/FCF ?
-47.76
Enterprise Value ?
₹7,546 Cr
EV/EBITDA ?
-134.85
PEG ?
N/A
Earnings Yield ?
-1.2%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹114 Cr
OPM ?
-49.1%
Profit after tax (TTM) ?
₹5,252 Cr
EPS (TTM) ?
₹789.22
ROCE ?
-1.0%
ROE ?
293.9%
ROA ?
285.1%
Growth
Sales — latest qtr ?
₹1 Cr
PAT — latest qtr ?
₹-19 Cr
YoY qtr sales growth ?
-99.8%
YoY qtr profit growth ?
-117.4%
Sales growth (3y) ?
-91%
Sales growth (5y) ?
-71%
Profit growth (3y) ?
N/A
Profit growth (5y) ?
14%
Financial Health
Debt ?
₹0 Cr
Debt to Equity ?
0.00
Interest Coverage ?
-2,199.0
Current Ratio ?
N/A
Ownership
Promoter holding ?
48.87%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
87.5%
Return 6 months ?
168.4%

🗓️ Quarterly results (13 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026 YoY % QoQ %
Sales 1,5161,2221,6011,7741,997361348400662111021 -99.8% -50.0%
Operating Profit 26312023827636128456715217-23-23-27 -117.8% -17.4%
Other Income -45607271807369461415,316282712 -91.5% -55.6%
Interest 5772848489117700000 — —
Depreciation 434147526811111279887 +0.0% -12.5%
Profit Before Tax 118581692112656096941525,344-4-4-22 -114.5% -450.0%
Net Profit 154431271611958,77666761095,277-3-3-19 -117.4% -533.3%
EPS 23.066.4919.0724.2029.371,318.749.9411.3516.55794.15-0.43-0.49-2.84 -117.2% -479.6%
OPM % 17.3% 9.8% 14.8% 15.5% 18.1% 7.9% 12.8% 16.7% 23.0% 15.6% -25888.9% -1150.0% -2700.0% -11839.1% -134.8%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹1,770 Cr ₹114 Cr ₹114 Cr -93.6%
Operating Profit ₹292 Cr ₹-56 Cr ₹-56 Cr -119.2%
OPM % 16.47% -49.12% -49.12% -398.2%
NPM % 509.90% 4,610.20% 4,610.20% +804.1%
Other Income ₹330 Cr ₹5,383 Cr ₹5,383 Cr +1531.6%
Depreciation ₹41 Cr ₹32 Cr ₹32 Cr -22.1%
Interest ₹24 Cr ₹0 Cr ₹0 Cr -99.8%
EBIT ₹251 Cr ₹-88 Cr ₹-88 Cr -135.1%
PBT ₹402 Cr ₹5,314 Cr ₹5,314 Cr +1222.0%
Tax ₹-26 Cr ₹66 Cr ₹66 Cr +354.0%
Net Profit ₹9,027 Cr ₹5,252 Cr ₹5,252 Cr -41.8%
EPS ₹1,356.58 ₹790.39 ₹790.39 -41.7%
Material Cost ₹585 Cr — — —
Employee Cost ₹104 Cr ₹6 Cr ₹6 Cr -94.2%
Extraordinary Items ₹-20 Cr ₹5,326 Cr ₹5,326 Cr +26171.7%

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 67676767 +0.0%
Reserves 2,1862,7523,2561,720 -47.2%
Borrowings 2,2293,31510 -100.0%
Other Liabilities 2,1392,5061,42855 -96.1%
Total Liabilities 6,6218,6394,7521,842 -61.2%
Fixed Assets 1,2601,583340311 -8.5%
CWIP 296000 —
Investments 1,5451,8841,1021,273 +15.5%
Other Assets 3,7875,1113,310258 -92.2%
Total Assets 6,6218,6394,7521,842 -61.2%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 668670341-145 -142.5%
Cash from Investing Activity -412-939-239166 +169.5%
Cash from Financing Activity -218273-142-1 +99.3%
Net Cash Flow 385-4020 +150.0%
Free Cash Flow 595544312-158 -150.6%
CFO/OP 74%-1,269%-632%85% +113.4%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 3741,8025313 -75.5%
Inventory Days 358——— —
Days Payable 245——— —
Cash Conversion Cycle 15041,8025313 -75.5%
Working Capital Days 535,72380,73748,630 -39.8%
ROCE % 22%1%1%-1% -200.0%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 % Chg
Promoters 48.87%48.87%48.87%48.87%48.87% +0.0%
FIIs 13.79%13.61%11.01%9.74%7.89% -19.0%
DIIs 4.80%3.53%3.43%3.61%3.81% +5.5%
Public 32.50%33.95%36.64%37.73%39.39% +4.4%
Others 0.03%0.03%0.03%0.03%— —
No. of Shareholders 2,91,1182,96,8862,93,6122,88,6162,72,532 -5.6%

⚖️ Peer comparison

Industry: Construction · top 25 of 137 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 EMBASSY Embassy Office ₹369.92 35,064 92.7 4,763 378 76.6% 7.9% 13.4% -79.2% 17.1% 25.9%
2 MINDSPACE MINDSPACE.NS 0P0001KHWX ₹345.06 22,843 28.7 3,241 800 80.1% 24.7% 16.4% 35.2% 27.9% 62.8%
3 NXST NXST.NS 0P0001QYGB ₹148.24 22,458 55.7 2,568 404 67.3% 15.7% 12.4% -16.5% 12.3% -89.5%
4 BIRET BIRET.NS 0P0001LR17 ₹263.49 21,867 42.0 3,295 626 71.8% 19.0% 24.2% 217.9% 51.7% 67.7%
5 WELENT Welspun Enterprises ₹789.00 10,700 35.5 3,544 348 20.2% 9.8% 0.9% 11.1% -8.4% -44.2%
6 MAXESTATES Max Estates ₹611.30 10,000 n/m 200 12 9.0% 6.1% -97.5% -98.9% 0.8% -30.0%
7 AFCONS Afcons Infrastructure ₹253.60 9,327 65.0 11,249 143 9.2% 1.3% -4.8% -48.6% -20.8% -77.9%
8 IRBINVIT IRB InvIT ₹66.38 8,507 25.1 1,546 340 80.0% 22.0% 13.4% -23.1% 87.2% 3.2%
9 GRINFRA G R ₹850.40 8,229 8.1 9,194 1,017 18.4% 11.1% 15.7% -1.6% 40.0% 46.6%
10 NCC NCC ₹130.76 8,210 12.7 20,639 682 8.8% 3.3% -9.9% -24.3% 12.2% 11.9%
11 RAYMOND Raymond ₹1,219.50 8,116 187.4 2,293 64 11.1% 2.8% -62.5% -30.2% 446.4% -99.4%
12 MAHLIFE Mahindra Lifespace ₹360.05 7,690 31.5 1,179 80 -10.3% 6.8% 216.9% 535.9% 7344.4% 5.7%
13 NESCO Nesco ₹1,056.00 7,441 17.9 951 417 50.7% 43.8% 27.4% 9.9% 9.7% 4.0%
14 CEIGALL Ceigall India ₹386.80 6,738 20.9 4,155 321 14.9% 7.7% 17.0% 7.7% 15.7% 24.2%
15 DBL Dilip Buildcon ₹406.20 6,599 5.0 8,742 1,255 19.2% 14.4% -20.4% 66.5% -9.2% -52.8%
16 KPIGREEN KPI Green ₹314.95 6,226 13.6 2,787 492 35.8% 17.7% 55.3% 56.5% 13.0% -15.0%
17 HCC Hindustan Construction ₹21.66 5,674 23.3 3,871 244 12.7% 6.3% -29.2% -7.2% -9.0% 0.7%
18 DBREALTY Valor Estate ₹95.20 5,164 n/m 864 12 9.0% 1.4% 61.7% 122.7% -86.8% -109.7%
19 MANINFRA Man Infraconstruction ₹124.44 4,951 21.1 666 216 24.1% 32.4% -43.1% -32.5% 19.3% 8.2%
20 PURVA Puravankara ₹202.61 4,805 27.9 4,064 150 20.0% 3.7% 85.7% 130.6% 62.0% 136.6%
21 RUSTOMJEE Keystone Realtors ₹356.90 4,508 33.8 2,832 131 6.7% 4.6% 31.5% -49.4% 72.2% 220.7%
22 AHLUCONT Ahluwalia Contracts ₹601.50 4,029 17.9 4,686 225 8.5% 4.8% 11.4% 32.3% 12.0% -79.7%
23 SUNTECK Sunteck Realty ₹269.60 3,959 18.6 1,127 211 28.7% 18.7% 31.7% 34.4% 1.7% 25.5%
24 KOLTEPATIL Kolte - ₹428.30 3,798 30.5 1,573 125 9.8% 8.0% -53.4% -147.2% 1017.0% 970.9%
25 ASHIANA Ashiana Housing ₹376.25 3,782 31.8 958 119 13.0% 12.4% 116.3% 548.9% -63.3% 0.8%
❓ Frequently asked questions
What was Raymond Limited's revenue in Q4 FY26?
Raymond Limited reported revenue of ₹1 crore for the quarter ended March 2026 (Q4 FY26), down 99.8% from ₹662 crore in the same quarter last year, and down 50.0% sequentially over the December 2025 quarter.
What was Raymond Limited's net profit in Q4 FY26?
The company reported a net loss of ₹19 crore, against a net profit of ₹109 crore in the same quarter last year. Earnings per share (EPS) came in at ₹-2.84.
What is RAYMOND's market capitalisation and P/E ratio?
At the current price of ₹1,133.90, RAYMOND has a market capitalisation of ₹7,546 crore and a trailing P/E of about 1.4.
Who owns Raymond Limited? (shareholding pattern)
As of Jun 2026, promoters held 48.87%, foreign institutional investors (FIIs) 7.89%, domestic institutional investors (DIIs) 3.81%, public shareholders 39.39% of Raymond Limited.
TTM ends 2026-03-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI