Raymond shares slide 2% as firm to list demerged real estate business in Q2

Shares of Raymond Ltd slipped 1.53% to an intraday low of ₹598.65 apiece on the National Stock Exchange (NSE) on Thursday, June 12, as it plans to list its demerged real estate business in the second quarter of FY26.

Raymond successfully demerged its real estate business into Raymond Realty Ltd to tap into the immense growth opportunities it presented and will now focus on the engineering vertical.

Raymond CFO Amit Agarwal said, “We have successfully demerged our real estate business and received all necessary approvals, and we expect to be listing the real estate business in the second quarter of FY26.”

According to a transcript of a management discussion with market analysts, Agarwal said the demerger will position Raymond Realty to spur its growth trajectory as an independent pure-play real estate business.

The demerger scheme came into effect on May 1, 2025, and the record date was set at May 14, 2025, to determine eligible candidates of the demerged entity Raymond Ltd, to whom the equity shares of the resulting company, Raymond Realty Ltd, would be allotted in terms of the scheme.

Raymond Q4 earnings

In the March FY25 quarter, Raymond reported a consolidated net profit of ₹137.47 crore, falling 40% year-on-year (YoY) from ₹229.79 crore in the corresponding period last fiscal year.

However, its total income rose by 94.91% YoY to ₹601.4 crore in the quarter under review, compared to ₹308.56 crore in Q4 FY24.

Raymond stock performance

At around 1:37 pm, Raymond shares were trading 1.31% lower at ₹600 apiece.

The stock has lost 2.77% over the week and 4.74% since the beginning of June. However, the script has gained 7.38% on a year-to-date basis.

It hit a 52-week low of ₹523.10 on May 14, 2025, and a high of ₹3,496, almost a year ago, on July 8, 2024.

Raymond’s total market capitalisation stood at ₹3,995.09 crore, as of June 12, 2025, on the NSE.

Mumbai-based Raymond Ltd is one of the leading real estate firms in the country.