RAYMONDREL

Raymond Realty Limited

Residential developer in MMR with JDA-heavy model and owned land bank

Consumer Discretionary›Realty›Realty›Residential, Commercial Projects

raymond.in(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹652.55
Market cap
4,338 Cr
Stock P/E
14.4
P/B
2.77
ROE (FY26)
19.4%
ROCE (FY26)
18.3%
Operating margin (FY26)
14.2%
Debt / equity (FY26)
0.65
OCF / EBITDA (FY26)
-203.6%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Raymond Realty develops residential apartments in the Mumbai Metropolitan Region (MMR), mostly through joint development agreements (JDAs) with land owners, and is building out a 100-acre land parcel in Thane.

Company snapshot

23rdBy market cap

Ranked among 79 companies in Residential, Commercial Projects.

What we see

Positives
  • ✓Return on equity of 19.4% — the company generates strong returns on shareholders' money.
Concerns
  • ✗Operating cash flow is negative even though the company shows a profit — the business may not be generating real cash yet.

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricJun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales374 Cr697 Cr758 Cr1,157 Cr527 Cr
Operating expenses (approx.)351 Cr605 Cr666 Cr922 Cr465 Cr
EBITDA24 Cr92 Cr91 Cr234 Cr61 Cr
OPM %6.3%13.2%12.1%20.3%11.6%
Other income18 Cr9 Cr8 Cr19 Cr9 Cr
Interest15 Cr26 Cr17 Cr40 Cr47 Cr
Depreciation5 Cr5 Cr5 Cr7 Cr8 Cr
Profit before tax21 Cr70 Cr77 Cr206 Cr15 Cr
Tax %23.1%14.2%13.5%21.7%11.5%
Net profit17 Cr60 Cr67 Cr161 Cr13 Cr
EPS (₹)₹2.48₹9.04₹10.03₹23.97₹2.02

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2026TTM
Sales2,991 CrSign in free for the trailing twelve months
Operating expenses (approx.)2,544 CrSign in free for the trailing twelve months
EBITDA447 CrSign in free for the trailing twelve months
OPM %14.9%Sign in free for the trailing twelve months
Other income49 CrSign in free for the trailing twelve months
Interest98 CrSign in free for the trailing twelve months
Depreciation23 CrSign in free for the trailing twelve months
Profit before tax375 CrSign in free for the trailing twelve months
Tax %18.7%Sign in free for the trailing twelve months
Net profit305 CrSign in free for the trailing twelve months
EPS (₹)₹45.52Sign in free for the trailing twelve months
Dividend payout %0.0%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2026
Equity capital67 Cr
Reserves1,501 Cr
Borrowings1,014 Cr
Other liabilities4,481 Cr
Total liabilities7,062 Cr
Fixed assets (net)89 Cr
CWIP5 Cr
Investments2 Cr
Inventories4,281 Cr
Trade receivables226 Cr
Cash & bank265 Cr
Other assets2,194 Cr
Total assets7,062 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2026
Cash from operating activity-910 Cr
Cash from investing19 Cr
Cash from financing725 Cr
Net cash flow-166 Cr
Free cash flow (OCF − Capex)-990 Cr

Ratios

MetricMar 2026
ROCE %18.3%
ROE %19.4%
Debtor days27
Inventory days320
Days payable124
Cash conversion cycle224
OCF / EBITDA %-203.6%
Debt / equity0.65
Current ratio1.47
Net debt / EBITDA1.68