Raymond Limited is a textile and apparel major with a global presence. The company started as Raymond Woolen Mill in September 1925 in Thane, Maharashtra. Lala Kailashpat Singhania took over the company in 1944. The company, over the years, has diversified into power tools, auto-components, aviation, FMCG and realty.
Raymond's textile division has over 400 exclusive retail outlets along with more than 4,000 multi-brand outlets in the domestic market. Raymond exports to more than 50 countries, including the United States, Japan, Canada and the Middle East.
The company stepped into the engineering business with JK Files and Engineering Ltd in 1949. Today, it has a presence in more than 50 countries globally. Raymond also owns a controlling stake in Ring Plus Aqua Ltd, a manufacturer of auto components.
Vijaypat Singhania took over as the chairman of Raymond Ltd in 1980 and headed it for over 20 years. The company made a move outside India with its first showroom in Oman in 1990. Raymond introduced the Park Avenue brand in 1986 with a focus on providing a complete premium wardrobe solution to men.
The 1990s was a fairly eventful decade for the company. It introduced Parx as a brand in 1999, focusing on premium casual. A year later 'Be' was launched as an exclusive product line of ready-to-wear designer clothing for men and women.
Gautam Singhania took over as the Chairman and Managing Director of the company in 2000.
Over the years, Raymond has emerged as one of the biggest players in the textiles sector with fibre-to-fabric manufacturing operations. It’s one of the fastest growing fashion brands in India. The company is a major producer of a range of shirting and suiting fabrics including worsted fabrics, cotton, wool blends, linen and denim.
As of December 19, 2023, Raymond’s market capitalisation stood at over ₹11,600 crore. Raymond share price has surged over 391% in the last three years.
Raymond business operations
The company’s operations expand to small towns through its over 1500 outlets and more than 20,000 points of sale.
In 2003, Raymond set up Silver Spark Apparel Ltd as a manufacturer of suits and formal trousers catering largely to export markets. The company acquired ColorPlus in the same year.
In 2023, the company's real estate business was transferred to Raymond Lifestyle Limited (to be renamed as Raymond Realty Limited), a wholly owned subsidiary of the firm.
Raymond Financial Highlights
- Revenue: Raymond reported revenue of ₹2,311.80 crore in FY26 vs ₹2,105.24 crore in FY25. It showed an increase of 9.81% on a yearly basis.
- Operating Profit: Raymond reported an operating loss of ₹105.77 crore in FY26 vs ₹78.34 crore in FY25. It showed a decrease of 235.01% on a year-on-year basis.
- Net Profit: Raymond reported a net profit of ₹5,361.07 crore in FY26 vs ₹7,635.62 crore in FY25. It showed a decrease of 29.79% on a yearly basis.
Raymond Quarterly Result Highlights
- Raymond reported revenue of ₹628.10 crore in Jun 2026, compared with ₹612.51 crore in Mar 2026, representing an increase of 2.55% on a quarter-on-quarter (QoQ) basis.
- Raymond reported an operating profit of ₹41.33 crore in Jun 2026, compared with ₹4.18 crore in Mar 2026, representing an increase of 888.76% on a quarter-on-quarter (QoQ) basis.
- Raymond reported a profit of ₹30.85 crore in Jun 2026, compared with ₹11.93 crore in Mar 2026, reflecting an increase of 158.59% on a QoQ basis.
- The earnings per share (EPS) of Raymond stood at ₹802.31 during Jun 2026.
Data Source: BSE, Company announcements
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