| Management target | Revenue 20.0% FY27 |
|---|
| Revenue growth | Total income up 7% YoY to ₹757 Cr in Q2. |
|---|---|
| Margins | EBITDA margins at 15%; guidance maintained at 17-19% for FY27. |
| Order book | Total GDV at ₹52,000 Cr; JDA projects now 52% of portfolio. |
| Demand visibility | Strong velocity in existing projects; festive season expected to boost H2. |
| Management confidence | Confident, emphasizing execution discipline and ahead-of-schedule delivery track record. |
Growth
Total income grew 7% YoY to ₹757 Cr; quarterly pre-sales doubled. H1 pre-sales rose 111% YoY to ₹1,602 Cr.
Outlook
Management maintains FY27 guidance: 20% pre-sales growth, 17-19% EBITDA margin, and 20% ROCE.
Risks
Net debt rose to ₹912 Cr to fund early-stage projects; higher interest costs are drawing analyst scrutiny despite 0.8x debt-equity.
Earnings Call Transcript filed with NSE, NSE: RAYMONDREL. Summary written with AI assistance from the document.
Raymond Realty Ltd: key numbers
- Share price
- ₹548.15
- Market cap
- ₹3,649 Cr
- Revenue (annual)
- ₹2,991 Cr
- Net profit (annual)
- ₹304.6 Cr
- P/E (TTM)
- 12.4×Sector 33.7×
- Promoter holding
- 50.93%+0.00% QoQ
- FII holding
- 6.21%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Raymond Realty Ltd
All →Raymond Realty Management Change
Raymond Realty said joint statutory auditor Chaturvedi & Shah LLP resigned on 28 October 2026 after a dispute over audit fee revision. Walker Chandiok & Co LLP continues as the other statutory auditor.
Raymond Realty Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹749 Cr (+7%), PAT ₹53 Cr (-12%); H1 revenue ₹1,275 Cr (+18%), pre-sales ₹1,602 Cr (+111%). Asset-light JDA scale-up is driving pre-sales.
Raymond Realty Q2 FY27 Results: Net Profit ₹53.1 Cr, Down 11.8% YoY
Raymond Realty Ltd reported revenue from operations of ₹748.5 Cr (+7.4% YoY) and net profit of ₹53.1 Cr (-11.8% YoY) for Q2 FY27.
- Key figure
- Net profit ₹53.1 Cr · -11.8% YoY
Raymond Realty Capital Structure Change
Raymond Realty's subsidiary Ten X Realty West will raise Rs 210 Crore from an ICICI Prudential AIF. The investment funds redevelopment of an MMR project.
- Value
- ₹210.0 Cr
Raymond Realty Convertible Warrants
Raymond Realty received BSE and NSE in-principle approval for issuing 66,57,373 convertible warrants to promoters. The issue, priced at Rs.614 or more each, implies about Rs.408.76 Crore.
- Value
- ₹408.8 Cr
Raymond Realty Board Meeting Date
Raymond Realty's Board is scheduled for October 27, 2026, to approve Q2 and H1 FY27 results. The trading window remains closed until 48 hours post-results declaration.