Raymond Realty shares jump 6% as pre-sales doubled in Q2; check all business updates

The real estate firm’s Q2 FY27 pre-sales stood at ₹902 crore, up 98% year-on-year (YoY) over the ₹455 crore recorded in Q2 FY26. Raymond Realty said that even without any new project launches this quarter, it maintained high sales momentum and steady price realisation.

For FY27, Raymond Realty said it remains on track for ~20% growth in pre-sales, ROCE of ~20%, an EBITDA margin of 17–19% and a PAT margin of 9–10%.

During the quarter, the firm maximised cash pipeline efficiency. Its quarterly collections rose 67% YoY to reach ₹682 crore, which reflected healthy customer demand and strong execution across projects.

During Q2 FY27, Raymond Realty received an occupancy certificate (OC) for 'Address by GS Season 1 Tower B' in Thane comprising 270 units, well ahead of RERA Timelines (the proposed RERA completion date was Mar-28).

The company said it is also accelerating its growth trajectory over the next two quarters with a strong pipeline of MMR launches, representing a cumulative gross development value (GDV) of over ₹4,100 crore.

“Looking ahead, our focus centres on scaling our operational footprint through a strong pipeline of scheduled launches in MMR. Representing a cumulative GDV of over ₹4,100 crore, these launches are expected to strengthen our market position and support our objective of achieving the pre-sales guidance for FY27,” said Harmohan Sahni, Managing Director & CEO, Raymond Realty.

During the quarter, the realty firm’s gross borrowings increased by ₹125 crore, bringing the total to ₹1,220 crore as of September 30, 2026. These drawdowns were primarily utilised to fund construction across FY26 project launches.

Further, backed by liquidity of ₹306 crore, net debt stood at ₹914 crore, maintaining a net debt-to-equity ratio well below the board-approved ceiling of 1.0x. This capital deployment is fully aligned with a robust collection pipeline and is strategically positioned to unlock key revenue milestones over the next 12 to 18 months, the company said.

Raymond Realty share price trends

At 12:49 PM, Raymond Realty shares were trading at ₹669.35 apiece on the National Stock Exchange, gaining 3.22%.

From the beginning of the year, Raymond Realty shares have jumped 28%. Over a month’s time, the stock has climbed 21%, while for a six-month period, it has soared 58.5%.

Shares of the firm had hit a 52-week high of ₹741.95 on September 25, 2026, and a 52-week low of ₹349 on March 16, 2026.

According to NSE data, as of October 5, 2026, Raymond Realty has a total market capitalisation of ₹4,451.79 crore.