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Raymond Ltd share Price Today

Company details

1,770.05
1,894.00
1,101.00
2,240.00
6M Return -3.08%
1Y Return 41.64%
Mkt Cap.(Cr) 12,566.84
Volume 1,116,998
Div Yield 0.17%
OI
-
OI Chg %
-
Volume 1,116,998

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Textiles company Raymond announced Q3FY24 results:

  • 10th consecutive quarter of profitable growth
  • During this quarter, revenue increased by 11% YoY, reaching Rs 2,450 crore, with an EBITDA margin of 17.4%.
  • The net profit almost doubled to Rs 184 crore in Q3FY24 compared to Rs 95 crore in Q3FY23
  • Branded Apparel business grew by 20% compared to the same quarter last year
  • Real Estate business showcased a revenue growth of 50% same quarter last year
  • The Company is running projects worth Rs 9,000 crore. on its Thane land and has a further potential to generate Rs 16,000 crore. making a total potential revenue of Rs 25,000 crore from the Thane landbank.
  • Based on the corporate action initiated, the proposed demerger of Lifestyle Business is on track and the company has received the SEBI approval for the same. The Extraordinary General Meeting (EGM) for shareholders and other relevant meetings is scheduled on 26th Feb 2024

Commenting on the performance, Gautam Hari Singhania, Chairman & Managing Director, Raymond said; “I am delighted to share that Q3 has been momentous quarter, as we have delivered 10th consecutive quarter of growth with highest ever revenue and profitability across businesses. Our retail expansion continued, and we have an aggressive plan to open over 500 stores during the next 3 years. In the Real Estate business, we signed 2 JDAs with over Rs 3,000 crore during the quarter as well. Another big development in the third quarter of this fiscal, Raymond Group’s Engineering Business is now set to grow exponentially as we foray into sunrise sectors of Aerospace, Defence and EV components business post the acquisition of Maini Precision Products Limited.”

Result PDF

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Raymond Ltd shares SWOT Analysis

Strengths (12)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Company with high TTM EPS Growth
  • Strong Annual EPS Growth

Weakness (0)

Data not found

Opportunity (5)

  • Positive Breakout Third Resistance ( LTP > R3)
  • Companies with current TTM PE Ratio less than 3 Year, 5 Year and 10 Year PE
  • Stock with Low PE (PE < = 10)

Threats (0)

Data not found

Resistance and support

R1 1,800.1
R2 1,829.1
R3 1,858.2
Pivot

1,770.97

S1 1,742.0
S2 1,712.9
S3 1,683.9
EMA SMA
1,745.6
1,748.1
1,753.0
1,699.5
1,744.0
1,748.4
1,750.1
1,771.5
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
NK SECURITIES RESEARCH PRIVATE LIMITED Bulk Purchase 2022-12-02 1549.85 546432 NSE
XTX MARKETS LLP Bulk Purchase 2022-12-02 1549.75 418011 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2022-12-02 1527.19 382987 NSE
Name Category Shares
J K Investors (Bombay) Limited PROMOTER 29.83%
J K Investo Trade (India) Limited PROMOTER 12.43%
J K Helene Curtis Limited PROMOTER 5.4%
Smt Sunitidevi Singhania Hospital Trust PROMOTER 1.04%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Raymond Ltd Stocks COMPARISON

Financials( in Cr) Raymond Grasim Inds Trident Welspun Living Alok Industries
Price 1,887.65 2,197.50 44.20 156.60 28.70
% Change 6.57 0.24 -0.11 -0.32 -1.20
Mcap Cr 12,566.84 149,543.39 22,524.13 15,218.51 14,250.24
Revenue TTM Cr 8,214.72 117,627.08 6,332.26 8,093.76 6,937.29
Net Profit TTM Cr 536.96 11,078.20 441.61 202.51 -880.46
PE TTM 6.86 25.67 53.34 23.07 0.00
1 Year Return 41.64 35.19 38.34 121.66 157.40
ROCE 21.11 9.04 11.89 5.91 0.00
ROE 23.24 14.35 10.99 5.03 0.00
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 2,898.97 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 21,123.69 -12,745.78
LAST 3M 63,825.37 -19,948.99
LAST 6M 121,872.30 8,046.03
LAST 12M 180,222.41 172,892.85
Raymond Realty launches its first project in Bandra

Feb 20, 2024 l BSE Announcement

Raymond Limited - Press Release

Feb 20, 2024 l NSE Announcement

Raymond Limited - Loss of Share Certificates

Feb 16, 2024 l NSE Announcement

Date Action Type Ratio
Jun 23, 2023 Dividend 30
Jun 30, 2022 Dividend 30

Raymond Ltd Information

Stock PE (TTM)
6.86
Promoter Holding
49.11%
Book Value
629.9487
ROCE
21.11%
ROE
23.24%
Description
  • Raymond Ltd is in the Textiles sector with the Market Capitalization of worth Rs. 2,750.84 crores, it is incorporated in the year 1925. It has consolidated sales of Rs. 825.70 crores in June’2021. The Company is listed in the Bombay Stock Exchange (BSE) with the code 500330, and also listed in the National Stock Exchange (NSE) with the code RAYMOND.

    Raymond Group is a fabric and fashion retailer. It produces suiting fabric and features a manufacturing capacity of producing 31 million meters of wool and related fabrics. Raymond group owns several brands like Ethnix, Park Avenue, Park Avenue Women,
    Colorplus, Parx, etc. The group also features a business interest in various divisions such as readymade garments, designer wear, cosmetics &amp; toiletries, etc. Raymond Ltd is present in over 150 cities across India and exports to over 55 countries worldwide, including the USA, Canada, Japan, European countries, and the Middle East. As of 31st March 2021, Company had 6509 employees. Also, the Company has 3,006 employees hired on a contractual/casual basis. In addition, there were 162 women employees on 31st March 2021. The promoters of the Company own 49.12% of the stake in the Company, Foreign Institutional Investors (FII) own 8.63%, Domestic Institutional Investors (DII) own 4.17% of the stake, and others (such as public and retail investors) hold the balance of 38.07%.

    In June 2021, quarterly net revenue was Rs. 418.88 crores, which has increased by approximately 1,643.15 % from Rs. 24.03 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 45.12 crores, which has also increased by nearly 138.13 % from a net loss of Rs. 118.33 crores in June 2020. In June 2021, the reported operating profit was at Rs. 409.89 crores, which is also increased by 1,983.83% as compared to an operating profit of Rs. 19.67 crores for the quarter ending in June 2020. From (Rs. 17.86) in June 2020, the EPS of Raymond has risen to Rs. 6.78 per share in June 2021. Raymond’s stock closed at Rs. 413.20 on 18th August’2021 (NSE) and has returned 21.14% in the last six months and 53.92% in the previous year.

Registered Address

Plot No 156/H No 2, Village Zadgaon, Ratnagiri, Maharashtra, 415612

Tel : 91-02352-232514
Email : corp.secretarial:raymond.in
Website : http://www.raymond.in
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 500330
NSE Code : RAYMOND
Book Closure Date (Month) :
BSE Group : A
ISIN : INE301A01014

FAQ’s on Raymond Ltd Shares

You can buy Raymond Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Raymond Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Feb 21, 2024 11:04 AM the closing price of Raymond Ltd was ₹ 1,887.65.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Feb 21, 2024 11:04 AM, the market cap of Raymond Ltd stood at ₹ 12,566.84.

The latest PE ratio of Raymond Ltd as of Feb 21, 2024 11:04 AM is 6.86

The latest PB ratio of Raymond Ltd as of Feb 21, 2024 11:04 AM is 0.36

The 52-week high of Raymond Ltd is ₹ 2,240.00 while the 52-week low is ₹ 1,101.00

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