- Total income
- ₹9,729 Cr
- Profit
- ₹7,631 Cr

About Raymond Limited
Data last updated:
Raymond Limited is a public limited company based in Ratnagiri, Maharashtra, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 10 September 1925 and has been in existence for over 101 years.
Raymond is ranked #272 on the Fortune India 500 (2025).
The company is registered with the Registrar of Companies (ROC), Pune, under CIN L17117MH1925PLC001208. Its GSTIN is 27AAACR4896A1ZD (Maharashtra). The company holds 31 GST registrations, of which 28 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 500330 and NSE: RAYMOND.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹66.57 Cr. It was formerly known as The Raymond Wollen Mills Limited and The Raymond Woollen Mils Limited. It is led by directors including Gautamhari Vijaypat Singhania (Managing Director) and Dinesh Kumar Lal.
Its last annual general meeting (AGM) was held on 04 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot No 156/H No 2 Village Zadgaon, Ratnagiri, Maharashtra, India – 415612.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹2,212.1 Cr, a growth of 13.6% compared to the previous year. For the same year it recorded a net profit of ₹5,505.12 Cr (net margin 248.9%) and EBITDA of ₹29.97 Cr (EBITDA margin 1.4%). The net worth stands at ₹2,843.98 Cr (down 23.5% YoY). Total assets are valued at ₹4,172.85 Cr (down 14.8% YoY).
The company has about 6,605 employees on its provident fund (EPFO) records. Its group structure includes 15 subsidiaries and 1 joint venture.
The company is associated with 1 brand: Raymond. As per MCA filings, the company has open charges of ₹1,748.5 Cr and satisfied charges of ₹4,307.87 Cr on record. Court records list 1,147 cases involving the company, including 681 filed by the company and 466 filed against it; 163 cases are pending. The company has 53 deals on record (49 market trades, 2 debt financings, 1 acquisition), with disclosed funding of ₹2,150 Cr; the latest was in September 2026. Its 5 peer companies in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 1 larger and 4 smaller; the largest is Aditya Birla Fashion and Retail Limited with revenue of ₹7,550.45 Cr. The company has 14 MSME Form 1 returns on record between 2020 and 2024, listing 1,775 overdue payments to 499 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website raymond.in.
Company details
Name history
Raymond has undergone 2 name changes throughout its history. The company was previously known as The Raymond Wollen Mills Limited, and The Raymond Woollen Mils Limited. The current legal name is Raymond Limited.
| Company Name | Status |
|---|---|
| Raymond Limited | Current |
| The Raymond Wollen Mills Limited | Previous |
| The Raymond Woollen Mils Limited | Previous |
Recognitions & Rankings of Raymond
- Valuation
- ₹10,740 Cr
Contact details
Raymond Limited's registered office is in Ratnagiri, Maharashtra. Its website is raymond.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 156/H No 2 Village Zadgaon, Ratnagiri, Maharashtra, India – 415612
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Raymond Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Raymond operates one associated brand: Raymond. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Casual wear for men and women is offered by Raymond. | raymond.in |
Business activity
The main business activities of Raymond are manufacturing and real estate. In detail, this covers textile, leather and other apparel products and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Raymond Limited, buy the company report.
Financials of Raymond Limited
FY 2025-26 filings availableRaymond Limited reported revenue of ₹2,212.1 Cr (up 13.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,212 | 1,947 | 973 | 8,215 | 6,179 | 3,446 | 6,482 |
| Revenue growth | +13.6% | +100.2% | -88.2% | +33.0% | +79.3% | -46.8% | - |
| EBITDA | 29.97 | 131 | (18.14) | 1,076 | 541 | (75.70) | 516 |
| EBITDA margin | +1.4% | +6.8% | -1.9% | +13.1% | +8.8% | -2.2% | +8.0% |
| Profit before tax | 5,202 | 7,662 | 1,668 | 737 | 243 | (465) | 159 |
| Net profit | 5,505 | 7,564 | 1,586 | 603 | 364 | (282) | 167 |
| Net profit margin | +248.9% | +388.5% | +163.1% | +7.3% | +5.9% | -8.2% | +2.6% |
| EPS (₹) | 802.60 | 1,146.71 | 246.09 | 79.45 | 39.11 | (44.62) | 30.30 |
| Balance sheet | |||||||
| Total assets | 4,173 | 4,898 | 9,704 | 5,646 | 4,950 | 4,762 | 5,617 |
| Net worth | 2,844 | 3,716 | 4,617 | 2,899 | 2,359 | 2,097 | 2,376 |
| Total debt | 1,055 | 740 | 4,181 | 2,529 | 2,353 | 2,413 | 2,556 |
| Cash & bank | 182 | 299 | 526 | 326 | 336 | 552 | 328 |
| Net working capital | 840 | 2,110 | 3,046 | 1,570 | 1,370 | 1,661 | 2,089 |
| Cash flow | |||||||
| Cash from operations | 41.77 | 233 | 533 | 804 | 677 | 704 | 390 |
| Cash from investing | (180) | (232) | (1,042) | (476) | (425) | 64.42 | (148) |
| Cash from financing | 230 | (104) | 502 | (319) | (323) | (668) | (130) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 655 | 606 | 603 | 557 | 528 | 524 | 557 | 466 |
| Revenue growth (YoY) | +24.2% | +15.5% | +8.2% | +19.5% | +11.4% | +16.6% | - | - |
| Other income | 28.73 | 22.49 | 9.60 | 23.05 | 36.02 | 5,339 | 156 | 94.81 |
| EBITDA | 75.31 | 77.01 | 54.28 | 45.82 | (124) | 54.24 | 44.48 | 31.28 |
| EBITDA margin | +11.5% | +12.7% | +9.0% | +8.2% | -23.6% | +10.3% | +8.0% | +6.7% |
| Depreciation | 39.75 | 37.90 | 36.71 | 38.16 | 38.43 | 38.51 | 36.73 | 37.37 |
| Interest | 21.62 | 20.27 | 22.99 | 20.59 | 21.50 | 18.55 | 17.49 | 15.90 |
| Profit before tax | 42.67 | 41.33 | 4.18 | 10.12 | (148) | 5,336 | 146 | 72.82 |
| Tax | 10.61 | 10.48 | (7.75) | 3.02 | (162) | 7.59 | 8.78 | 0.54 |
| Net profit | 32.06 | 30.85 | 11.93 | 7.10 | 13.89 | 5,328 | 137 | 72.28 |
| EPS (₹) | 3.13 | 3.15 | 0.17 | 0.54 | 1.71 | 800.16 | 19.94 | 10.81 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 4.25 | 6.09 | 8.21 | 5,780 | 4,261 | 2,176 | 3,186 |
| Revenue growth | -30.2% | -25.8% | -99.9% | +35.7% | +95.8% | -31.7% | - |
| EBITDA | (88.29) | (104) | (86.40) | 804 | (201) | (168) | 253 |
| EBITDA margin | -2077.4% | -1710.2% | -1052.4% | +13.9% | -4.7% | -7.7% | +8.0% |
| Profit before tax | 5,263 | 9,042 | 537 | 561 | (445) | (431) | 69.90 |
| Net profit | 5,264 | 9,062 | 520 | 479 | 458 | (262) | 66.38 |
| Net profit margin | - | - | +6338.4% | +8.3% | +10.8% | -12.0% | +2.1% |
| EPS (₹) | 790.99 | 1,356.63 | 79.14 | 61.65 | (59.47) | (41.54) | 14.57 |
| Balance sheet | |||||||
| Total assets | 1,787 | 3,324 | 6,244 | 4,594 | 3,925 | 4,121 | 3,513 |
| Net worth | 1,787 | 3,323 | 2,818 | 2,252 | 1,812 | 1,984 | 1,783 |
| Total debt | 0.00 | 1.05 | 3,315 | 2,229 | 1,977 | 1,997 | 1,497 |
| Cash & bank | 89.55 | 277 | 446 | 261 | 232 | 502 | 301 |
| Net working capital | 157 | 1,625 | 1,902 | 1,366 | 1,128 | 1,756 | 1,294 |
| Cash flow | |||||||
| Cash from operations | (145) | 341 | 670 | 668 | 795 | 537 | 315 |
| Cash from investing | 166 | (239) | (939) | (412) | (688) | 26.39 | (51.55) |
| Cash from financing | (1.21) | (142) | 273 | (218) | (231) | (483) | (153) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.56 | 0.80 | 1.36 | 1.81 | 0.09 | 0.99 | 1.24 | 2.20 |
| Revenue growth (YoY) | +522.2% | -19.2% | +9.7% | -17.7% | -90.0% | -43.4% | - | - |
| Other income | 32.83 | 23.29 | 12.14 | 27.11 | 27.53 | 5,316 | 154 | 102 |
| Total expenses | 23.60 | 14.96 | 28.70 | 25.15 | 23.39 | 15.30 | 37.02 | 22.57 |
| EBITDA | (23.04) | (14.16) | (27.34) | (23.34) | (23.30) | (14.31) | (35.78) | (20.37) |
| EBITDA margin | -4114.3% | -1770.0% | -2010.3% | -1289.5% | - | -1445.5% | -2885.5% | -925.9% |
| Depreciation | 7.88 | 7.08 | 6.70 | 7.97 | 8.00 | 8.73 | 7.08 | 8.38 |
| Interest | 0.00 | 0.02 | 0.05 | 0.05 | 0.04 | 0.01 | 0.01 | 0.01 |
| Profit before tax | 1.91 | 2.03 | (21.95) | (4.25) | (3.81) | 5,293 | 111 | 73.69 |
| Tax | 0.32 | 0.34 | (3.03) | (1.01) | (0.96) | 3.97 | 0.53 | (1.85) |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 655 | 606 | 603 | 557 | 528 | 524 | 557 | 466 |
| Revenue growth (YoY) | +24.2% | +15.5% | +8.2% | +19.5% | +11.4% | +16.6% | - | - |
| Other income | 28.73 | 22.49 | 9.60 | 23.05 | 36.02 | 5,339 | 156 | 94.81 |
| EBITDA | 75.31 | 77.01 | 54.28 | 45.82 | (124) | 54.24 | 44.48 | 31.28 |
| EBITDA margin | +11.5% | +12.7% | +9.0% | +8.2% | -23.6% | +10.3% | +8.0% | +6.7% |
| Depreciation | 39.75 | 37.90 | 36.71 | 38.16 | 38.43 | 38.51 | 36.73 | 37.37 |
| Interest | 21.62 | 20.27 | 22.99 | 20.59 | 21.50 | 18.55 | 17.49 | 15.90 |
| Profit before tax | 42.67 | 41.33 | 4.18 | 10.12 | (148) | 5,336 | 146 | 72.82 |
| Tax | 10.61 | 10.48 | (7.75) | 3.02 | (162) | 7.59 | 8.78 | 0.54 |
| Net profit | 32.06 | 30.85 | 11.93 | 7.10 | 13.89 | 5,328 | 137 | 72.28 |
| EPS (₹) | 3.13 | 3.15 | 0.17 | 0.54 | 1.71 | 800.16 | 19.94 | 10.81 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,212 | 1,947 | 973 | 8,215 | 6,179 | 3,446 | 6,482 |
| Revenue growth | +13.6% | +100.2% | -88.2% | +33.0% | +79.3% | -46.8% | - |
| Other income | 5,407 | 7,742 | 1,753 | 154 | 169 | 201 | 286 |
| Total expenses | 2,182 | 1,816 | 991 | 7,139 | 5,637 | 3,522 | 5,967 |
| Employee cost | 418 | 382 | 217 | 1,028 | 880 | 674 | 996 |
| EBITDA | 29.97 | 131 | (18.14) | 1,076 | 541 | (75.70) | 516 |
| EBITDA margin | +1.4% | +6.8% | -1.9% | +13.1% | +8.8% | -2.2% | +8.0% |
| Depreciation | 152 | 146 | 59.21 | 235 | 240 | 314 | 340 |
| Interest | 83.63 | 65.28 | 8.50 | 257 | 228 | 276 | 303 |
| Profit before tax | 5,202 | 7,662 | 1,668 | 737 | 243 | (465) | 159 |
| Tax | (159) | 26.32 | 24.48 | 200 | (21.90) | (161) | (42.84) |
| Net profit | 5,505 | 7,564 | 1,586 | 603 | 364 | (282) | 167 |
| Net profit margin | +248.9% | +388.5% | +163.1% | +7.3% | +5.9% | -8.2% | +2.6% |
| EPS (₹) | 802.60 | 1,146.71 | 246.09 | 79.45 | 39.11 | (44.62) | 30.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 66.55 | 66.55 | 66.55 | 66.57 | 66.57 | 66.57 | 64.72 |
| Reserves & surplus | 2,777 | 3,650 | 4,551 | 2,832 | 2,293 | 2,031 | 2,311 |
| Shareholders' funds (net worth) | 2,844 | 3,716 | 4,617 | 2,899 | 2,359 | 2,097 | 2,376 |
| Minority interest | 274 | 441 | 438 | 85.01 | 77.22 | 81.92 | 88.48 |
| Secured loans | 955 | 608 | 1,362 | 2,058 | 1,988 | 1,908 | 1,542 |
| Unsecured loans | 99.91 | 132 | 2,819 | 471 | 365 | 505 | 1,014 |
| Total debt | 1,055 | 740 | 4,181 | 2,529 | 2,353 | 2,413 | 2,556 |
| Total liabilities | 4,173 | 4,898 | 9,704 | 5,646 | 4,950 | 4,762 | 5,617 |
| Assets | |||||||
| Gross block | 2,153 | 2,325 | 5,251 | 3,440 | 3,214 | 3,247 | 3,421 |
| Net block | 1,524 | 1,772 | 3,475 | 1,934 | 1,878 | 2,044 | 2,441 |
| Capital work in progress | 38.96 | 10.33 | 98.77 | 35.98 | 24.61 | 20.98 | 40.00 |
| Investments | 1,695 | 1,120 | 2,826 | 1,639 | 1,100 | 500 | 598 |
| Inventories | 487 | 419 | 3,514 | 2,497 | 2,011 | 1,634 | 2,201 |
| Sundry debtors | 521 | 406 | 1,407 | 744 | 873 | 958 | 1,159 |
| Cash & bank balances | 182 | 299 | 526 | 326 | 336 | 552 | 328 |
| Loans & advances | 211 | 3,608 | 870 | 564 | 565 | 485 | 506 |
| Total current assets | 1,401 | 4,731 | 6,317 | 4,130 | 3,786 | 3,629 | 4,194 |
| Total current liabilities | 561 | 2,621 | 3,270 | 2,560 | 2,416 | 1,968 | 2,105 |
| Net working capital | 840 | 2,110 | 3,046 | 1,570 | 1,370 | 1,661 | 2,089 |
| Total assets | 4,173 | 4,898 | 9,704 | 5,646 | 4,950 | 4,762 | 5,617 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 34.37 | 182 | 171 | 162 | 232 | 132 | 19.84 |
| Net cash from operating activities | 41.77 | 233 | 533 | 804 | 677 | 704 | 390 |
| Net cash from investing activities | (180) | (232) | (1,042) | (476) | (425) | 64.42 | (148) |
| Net cash from financing activities | 230 | (104) | 502 | (319) | (323) | (668) | (130) |
| Net change in cash | 91.35 | (102) | (6.06) | 9.55 | (70.62) | 99.84 | 113 |
| Closing cash | 182 | 299 | 526 | 326 | 336 | 552 | 328 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +13.6% | +100.2% | -88.2% | +33.0% | +79.3% | -46.8% | - |
| EBITDA growth | -77.2% | +823.9% | -101.7% | +98.8% | +814.9% | -114.7% | - |
| PBT growth | -32.1% | +359.5% | +126.2% | +203.2% | +9998.0% | - | -39.0% |
| Net income growth | -27.2% | +376.9% | +163.1% | +65.8% | +229.1% | -268.7% | - |
| Revenue CAGR (3Y) | -35.4% | -32.0% | -34.4% | +8.2% | -2.1% | -16.4% | +6.6% |
| EBITDA CAGR (3Y) | -69.7% | -37.6% | -37.9% | +27.8% | -1.4% | - | +20.5% |
| Profitability & leverage | |||||||
| Net income margin | +242.4% | +392.2% | +168.9% | +6.5% | +4.3% | -8.8% | +3.1% |
| Return on capital employed | +3.4% | +1.1% | +0.5% | +21.1% | +12.7% | -3.7% | +8.5% |
| Return on net worth | +168.4% | +181.6% | +42.3% | +23.2% | +16.5% | -13.6% | +8.0% |
| Debt / equity | 0.27 | 0.59 | 0.89 | 0.93 | 1.07 | 1.11 | 1.16 |
| Long-term debt / equity | 0.13 | 0.40 | 0.57 | 0.51 | 0.62 | 0.40 | 0.18 |
| Interest cover | -68.64 | -441.68 | -10.99 | 30.61 | 75.53 | -70.80 | 172.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.99 | 0.51 | 0.22 | 2.47 | 1.91 | 1.03 | 2.15 |
| Inventory turnover | 4.88 | 0.99 | 0.32 | 3.64 | 3.39 | 1.80 | 3.16 |
| Debtors turnover | 4.78 | 2.15 | 0.90 | 10.16 | 6.75 | 3.26 | 5.36 |
| EPS (₹) | 802.60 | 1,146.71 | 246.09 | 79.45 | 39.11 | (44.62) | 30.30 |
| Dividend per share (₹) | 0.00 | 0.00 | 10.00 | 3.00 | 3.00 | 0.00 | 0.00 |
| Book value per share (₹) | 427.34 | 558.40 | 693.82 | 435.45 | 354.36 | 315.04 | 367.11 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.56 | 0.80 | 1.36 | 1.81 | 0.09 | 0.99 | 1.24 | 2.20 |
| Revenue growth (YoY) | +522.2% | -19.2% | +9.7% | -17.7% | -90.0% | -43.4% | - | - |
| Other income | 32.83 | 23.29 | 12.14 | 27.11 | 27.53 | 5,316 | 154 | 102 |
| Total expenses | 23.60 | 14.96 | 28.70 | 25.15 | 23.39 | 15.30 | 37.02 | 22.57 |
| EBITDA | (23.04) | (14.16) | (27.34) | (23.34) | (23.30) | (14.31) | (35.78) | (20.37) |
| EBITDA margin | -4114.3% | -1770.0% | -2010.3% | -1289.5% | - | -1445.5% | -2885.5% | -925.9% |
| Depreciation | 7.88 | 7.08 | 6.70 | 7.97 | 8.00 | 8.73 | 7.08 | 8.38 |
| Interest | 0.00 | 0.02 | 0.05 | 0.05 | 0.04 | 0.01 | 0.01 | 0.01 |
| Profit before tax | 1.91 | 2.03 | (21.95) | (4.25) | (3.81) | 5,293 | 111 | 73.69 |
| Tax | 0.32 | 0.34 | (3.03) | (1.01) | (0.96) | 3.97 | 0.53 | (1.85) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 4.25 | 6.09 | 8.21 | 5,780 | 4,261 | 2,176 | 3,186 |
| Revenue growth | -30.2% | -25.8% | -99.9% | +35.7% | +95.8% | -31.7% | - |
| Other income | 5,383 | 9,177 | 661 | 145 | 356 | 205 | 166 |
| Total expenses | 92.54 | 110 | 94.61 | 4,976 | 4,462 | 2,344 | 2,933 |
| Employee cost | 25.59 | 25.86 | 23.50 | 571 | 515 | 375 | 478 |
| EBITDA | (88.29) | (104) | (86.40) | 804 | (201) | (168) | 253 |
| EBITDA margin | -2077.4% | -1710.2% | -1052.4% | +13.9% | -4.7% | -7.7% | +8.0% |
| Depreciation | 31.40 | 30.31 | 36.63 | 159 | 404 | 229 | 155 |
| Interest | 0.15 | 0.11 | 0.61 | 228 | 195 | 238 | 194 |
| Profit before tax | 5,263 | 9,042 | 537 | 561 | (445) | (431) | 69.90 |
| Tax | (1.03) | 13.75 | 10.73 | 150 | (48.88) | (154) | (24.42) |
| Net profit | 5,264 | 9,062 | 520 | 479 | 458 | (262) | 66.38 |
| Net profit margin | - | - | +6338.4% | +8.3% | +10.8% | -12.0% | +2.1% |
| EPS (₹) | 790.99 | 1,356.63 | 79.14 | 61.65 | (59.47) | (41.54) | 14.57 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 66.55 | 66.55 | 66.55 | 66.57 | 66.57 | 66.57 | 64.72 |
| Reserves & surplus | 1,720 | 3,256 | 2,752 | 2,186 | 1,746 | 1,917 | 1,718 |
| Shareholders' funds (net worth) | 1,787 | 3,323 | 2,818 | 2,252 | 1,812 | 1,984 | 1,783 |
| Secured loans | 0.00 | 0.00 | 660 | 1,802 | 1,648 | 1,549 | 823 |
| Unsecured loans | 0.00 | 1.05 | 2,655 | 427 | 329 | 448 | 675 |
| Total debt | 0.00 | 1.05 | 3,315 | 2,229 | 1,977 | 1,997 | 1,497 |
| Total liabilities | 1,787 | 3,324 | 6,244 | 4,594 | 3,925 | 4,121 | 3,513 |
| Assets | |||||||
| Gross block | 571 | 604 | 2,741 | 2,223 | 2,039 | 2,072 | 1,728 |
| Net block | 311 | 340 | 1,583 | 1,260 | 1,171 | 1,269 | 1,221 |
| Capital work in progress | 0.00 | 0.00 | 60.28 | 28.91 | 14.72 | 17.57 | 30.47 |
| Investments | 1,273 | 1,102 | 1,884 | 1,545 | 1,091 | 593 | 648 |
| Inventories | 4.07 | 4.09 | 2,011 | 1,951 | 1,543 | 1,297 | 1,290 |
| Sundry debtors | 0.15 | 0.89 | 940 | 580 | 720 | 917 | 538 |
| Cash & bank balances | 89.55 | 277 | 446 | 261 | 232 | 502 | 301 |
| Loans & advances | 118 | 2,752 | 900 | 602 | 550 | 610 | 331 |
| Total current assets | 212 | 3,035 | 4,298 | 3,393 | 3,045 | 3,326 | 2,459 |
| Total current liabilities | 55.40 | 1,410 | 2,396 | 2,027 | 1,917 | 1,570 | 1,166 |
| Net working capital | 157 | 1,625 | 1,902 | 1,366 | 1,128 | 1,756 | 1,294 |
| Total assets | 1,787 | 3,324 | 6,244 | 4,594 | 3,925 | 4,121 | 3,513 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 14.62 | 84.99 | 111 | 73.64 | 198 | 117 | 5.99 |
| Net cash from operating activities | (145) | 341 | 670 | 668 | 795 | 537 | 315 |
| Net cash from investing activities | 166 | (239) | (939) | (412) | (688) | 26.39 | (51.55) |
| Net cash from financing activities | (1.21) | (142) | 273 | (218) | (231) | (483) | (153) |
| Net change in cash | 20.23 | (39.74) | 4.59 | 37.63 | (124) | 80.98 | 111 |
| Closing cash | 89.55 | 277 | 446 | 261 | 232 | 502 | 301 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -30.2% | -25.8% | -99.9% | +35.7% | +95.8% | -31.7% | - |
| EBITDA growth | +15.2% | -20.5% | -110.8% | +499.0% | -19.9% | -166.4% | - |
| PBT growth | -41.8% | +1582.6% | -4.2% | +9998.0% | -3.3% | - | -25.8% |
| Net income growth | -41.9% | +1641.5% | +8.6% | +4.7% | +274.8% | -494.5% | - |
| Revenue CAGR (3Y) | -91.0% | -88.7% | -84.4% | +22.0% | +9.2% | -10.3% | +4.1% |
| EBITDA CAGR (3Y) | - | -19.7% | -19.9% | +47.0% | - | - | +18.3% |
| Profitability & leverage | |||||||
| Net income margin | - | - | +6415.0% | +7.1% | -9.3% | -12.7% | +3.0% |
| Return on capital employed | -0.5% | +1.8% | +0.7% | +20.6% | 0.0% | 0.0% | +6.9% |
| Return on net worth | +186.7% | +295.2% | +20.0% | +22.8% | 0.0% | 0.0% | +4.2% |
| Debt / equity | 0.00 | 0.54 | 1.09 | 1.03 | 1.05 | 0.93 | 1.03 |
| Long-term debt / equity | 0.00 | 0.43 | 0.76 | 0.60 | 0.66 | 0.40 | 0.13 |
| Interest cover | -0.13 | -0.08 | -0.50 | 35.43 | -32.17 | -60.03 | 198.68 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.01 | 0.00 | 0.00 | 2.71 | 2.07 | 1.15 | 2.01 |
| Inventory turnover | 1.04 | 0.01 | 0.00 | 3.31 | 3.00 | 1.68 | 2.71 |
| Debtors turnover | 8.17 | 0.01 | 0.01 | 8.89 | 5.20 | 2.99 | 5.25 |
| EPS (₹) | 790.99 | 1,356.63 | 79.14 | 61.65 | (59.47) | (41.54) | 14.57 |
| Dividend per share (₹) | 0.00 | 0.00 | 10.00 | 3.00 | 3.00 | 0.00 | 0.00 |
| Book value per share (₹) | 268.47 | 499.27 | 423.46 | 338.35 | 272.23 | 298.01 | 275.46 |
To see the full year-wise statements and ratios of Raymond Limited, buy the company report.
Board of directors of Raymond Limited
Raymond has 8 current directors and 31 former directors. Current directors are listed first, with their designation and appointment date.
Peer comparison
Raymond Limited is compared with the 5 companies closest to it by revenue in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aditya Birla Fashion and Retail Limited | ₹7,550.45 Cr (FY 2025) | 15.0% | Mumbai, Maharashtra, India | |||
| Raymond Limitedthis company | ₹2,212.1 Cr (FY 2026) | ₹5,505.12 Cr | 248.9% | 13.6% | 6,605 | Ratnagiri, Maharashtra, India |
| Redtape Limited | ₹2,052.93 Cr (FY 2025) | 11.0% | Noida, Uttar Pradesh, India | |||
| S.P.Apparels Limited | ₹1,407.33 Cr (FY 2025) | 28.0% | Avinashi Tirupur, Tamil Nadu, India | |||
| TCNS Clothing Co. Limited | ₹1,217.6 Cr (FY 2023) | 31.0% | Mumbai, Maharashtra, India | |||
| Monte Carlo Fashions Limited | ₹1,135.58 Cr (FY 2025) | 4.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Raymond Limited, buy the company report.
Auditor
Raymond Limited is audited by Walker Chandiok & Co LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2025 | 001076N/N500013 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 48.90%, foreign institutional investors hold 7.90%, domestic institutional investors hold 3.80% and retail and other public shareholders hold 39.40%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 48.90% | 48.90% | 48.90% | 48.90% |
| Public | 51.10% | 51.10% | 51.10% | 51.10% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2025 | 101076085 | State Bank of India | ₹9 Cr | Open | |
| 18 Mar 2025 | 101076018 | State Bank of India | ₹4.5 Cr | Open | |
| 05 Dec 2000 | 80062151 | Others | ₹1,735 Cr | Open | |
| 19 Jan 2023 | 100673746 | Others | ₹270 Cr | Satisfied | |
| 01 Jun 2022 | 100585411 | Others | ₹250 Cr | Satisfied |
To see the full charge records of Raymond Limited, buy the company report.
Total charge records: 45 View all charges
Deals & funding
Raymond Limited has 53 deals on record (49 market trades, 2 debt financings, 1 acquisition), with disclosed funding of ₹2,150 Cr; the latest was in September 2026.
Deals on record (5 of 53)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2026 | Market trade | ₹84.82 Cr | Buyer: Hrti Private Limited , Irage Broking Services LLP Seller: Hrti Private Limited , Irage Broking Services LLP |
| Jul 2025 | Market trade | ₹139.76 Cr | Buyer: Hrti Private Limited , Graviton Research Capital LLP , Qe Securities LLP Seller: Hrti Private Limited , Graviton Research Capital LLP , Qe Securities LLP |
| Jul 2025 | Market trade | ₹454.19 Cr | Buyer: Graviton Research Capital LLP , NK Securities Research Private Limited , Musigma Securities Seller: Graviton Research Capital LLP , NK Securities Research Private Limited , Musigma Securities |
| Jun 2025 | Market trade | ₹274.12 Cr | Buyer: NK Securities Research Private Limited , Qe Securities LLP , Hrti Private Limited Seller: NK Securities Research Private Limited , Qe Securities LLP , Musigma Securities |
| Apr 2025 | Market trade | ₹55.22 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
To see the full deal history of Raymond Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Raymond Limited has 1,147 court cases on record: 681 filed by Raymond, 466 filed against it. 163 cases are pending and 984 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 722 | 261 | 112 |
| District courts | 377 | 188 | 48 |
| Supreme Court | 42 | 17 | 2 |
| NCLT | 6 | 0 | 1 |
Cases on record (5 of 1,147)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against Dhanasingh Textiles Private Ltd | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Sociabble India Private Limited | Pending |
| Bombay High Court | Court case (COMIP) | Filed by the company against Raymond Pharmaceuticals Pvt. Ltd. | Pending |
| High Court | Arbitration matter | Filed by the company against Pashmina Holdings Ltd and 1 other | Pending |
| High Court of Delhi | Court case (O.M.P. (MISC.)) | Filed by the company against Pret Study by Janak Fashions Pvt Ltd | Disposed |
To see the full case history of Raymond Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Raymond Limited was last rated by Care on 27 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 27 Sep 2022 |
To see the full credit ratings and regulatory alerts of Raymond Limited, buy the company report.
MSME payment delays
Raymond Limited has 14 MSME Form 1 returns on record between 2020 and 2024, listing 1,775 overdue payments to 499 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 499)
To see the full MSME payment records of Raymond Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Raymond has 15 subsidiary companies, 1 joint venture, and 3 associated companies. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| (Formerly Known As | L52322MH2019PLC332934 | |
| Raymond Woollen Outerwear Limited | U17120MH2005PLC154066 | |
| JK Maini Precision Technology Limited | U25933MH2024PLC417852 | |
| JK Files & Engineering Limited | U27104MH1997PLC105955 | |
| Maini Precision Products Limited | U27201KA1973PLC002307 | |
| JK Talabot Limited | U28930MH2005PLC154517 |
To see the full group structure of Raymond Limited, buy the company report.
Employees & EPFO
Raymond Limited has a workforce of 6,605 employees on its EPFO records as of Sep 24, 2025, across 3 active EPFO establishments.
GST
Raymond has 31 GST registrations: 28 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACR4896A1ZD | Maharashtra | Active | 01 Jul 2017 |
| 27AAACR4896A2ZC | Maharashtra | Active | 27 Jul 2017 |
| 27AAACR4896A3ZB | Maharashtra | Active | 19 Oct 2018 |
| 27AAACR4896A1CO | Maharashtra | Active | 02 Apr 2021 |
To see the full GST registrations and return filing status of Raymond Limited, buy the company report.
Recent activity
Raymond Limited has 59 board changes on record since 1971: 34 appointments and 25 cessations. The latest: Ajoy Mehta was appointed as Director on 01 Jan 2026.
154 earlier events are in the company report.
News
From our blog
- Top 6 Textile Companies in India in 202017 Sep 2020
Frequently asked questions
Raymond is an active public limited company based in Ratnagiri, Maharashtra, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 10 September 1925 (101+ years old) and is registered under CIN L17117MH1925PLC001208. Listed on BSE: 500330 and NSE: RAYMOND.
Raymond reported revenue of ₹2,212.1 Cr for FY 2025-26 (up 13.6% YoY) based on consolidated financials.
Raymond has 8 current directors:
- Gautamhari Vijaypat Singhania - Managing Director
- Dinesh Kumar Lal - Director
- Ashish Kiran Kapadia - Director
- Narasimha Kummamuri - Director
- Tikka Shatrujit Singh - Director
- Ajoy Mehta - Director
- Rashmi Brijgopal Mundada - Director
- Harmohan Sahni - Director
The latest financial statements of Raymond on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 04 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Raymond is 27AAACR4896A1ZD, registered in Maharashtra. The company has 31 GST registrations in all, of which 28 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAACR4896A2ZC (Maharashtra), 27AAACR4896A3ZB (Maharashtra), 27AAACR4896A1CO (Maharashtra).
The CIN (Corporate Identification Number) of Raymond is L17117MH1925PLC001208. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Raymond is a listed company as per MCA records. Its shares are listed on both BSE (code: 500330) and NSE (symbol: RAYMOND).
Raymond has 1,147 court cases on record: 681 filed by the company and 466 filed against it. 163 are pending. Most are in the high courts.
Raymond was incorporated on 10 September 1925, making it 101+ years old. It is registered with the Registrar of Companies, Pune.
Raymond has 53 deals on record (49 market trades, 2 debt financings, 1 acquisition), with disclosed funding of ₹2,150 Cr; the latest was in September 2026.
The peers of Raymond by revenue are Aditya Birla Fashion and Retail Limited, Redtape Limited, S.P.Apparels Limited, TCNS Clothing Co. Limited, Monte Carlo Fashions Limited, all in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Ajoy Mehta was appointed as Director on 01 Jan 2026. Tikka Shatrujit Singh was appointed as Director on 01 Jan 2026. Rakesh Kumar Tiwary was appointed as CFO on 23 Dec 2025. Raymond has 59 board changes on record in total.

