Raymond Limited

Raymond Limited (RAYMOND) is a small-cap Capital Goods company valued at ₹7,513 crore operating in Industrial Products on the NSE and BSE.

Recent price move

Raymond Limited last traded at ₹1,125, modestly down 1.50% on the day.

Recent developments

On 2026-09-11, Raymond's aerospace arm won ₹33 crore annual business from a leading Indian defence major, pushing shares up 17.54%. On 2026-09-08, the company approved a ₹215 crore fundraise via preferential issue. On 2026-09-03, Raymond was highlighted as a high-conviction engineering play due to its aerospace and defence bets. On 2026-07-07, the company appointed Bhanu Prakash Srivastava as Defence CEO, who previously tripled BEL’s market cap and secured significant new orders.

Financial performance

Raymond Ltd's annual revenue rose 13.6% to ₹2,212 crore, but net profit fell 29.8% to ₹5,361 crore. The latest quarter saw revenue increase 15.6% to ₹606 crore, but net profit dropped 99.4% to ₹31 crore, reflecting a sharp decline in profitability compared to the same quarter a year earlier.

Valuation multiples

The stock trades at 1.4 times earnings, 2.00 times book value. It yields 1.2%.

Things to watch

Net profit margin fell 149.8 percentage points to 242.4%, indicating a significant deterioration in profitability. Return on capital employed is negative at -0.6%, suggesting poor efficiency in using capital. The stock is 3.5% below its 52-week high, showing a recent pullback from its peak.

Where it stands

Raymond Ltd's business shows mixed performance, with revenue growth outpacing profit declines, but recent quarterly results highlight a sharp drop in net profit. The company's aerospace and defence segments are gaining momentum, but the overall financial picture remains challenging. The stock is currently 3.5% below its 52-week high.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.