Raymond (RAYMOND) investor relations material

Executive summary

• Q1 FY27 saw total income rise 13% year-over-year to ₹628 Cr, with EBITDA up 14% to ₹100 Cr and margin improving to 15.9%, driven by strong growth in aerospace, defense, and precision technology segments.

• The company remains net debt-free, reporting a net cash surplus of ₹129 Cr as of June 2026, supporting future organic and inorganic growth.

• Completed strategic restructuring, focusing exclusively on high-barrier aerospace, precision technology, and auto components businesses.

• Strong global presence with 16 manufacturing facilities, 11 global warehouses, and exports to 90+ countries.

• Strategic initiatives include the launch of an automotive aftermarket product line in Q2 FY27 and ongoing expansion into new product categories and geographies.

Financial highlights

• Total income for Q1 FY27 was ₹628 Cr, up from ₹555 Cr in Q1 FY26.

• EBITDA reached ₹100 Cr (margin 15.9%), compared to ₹87 Cr (margin 15.7%) a year earlier.

• Net profit for Q1 FY27 stood at ₹31 Cr, up 50% compared to Q1 FY26.

• Profit from continuing operations before exceptional items and tax was ₹4,162 lakhs in Q1 FY27, up from ₹3,025 lakhs in Q1 FY26.

• Net cash surplus maintained at ₹129 Cr as of June 2026.

Outlook and guidance

• Management expects to maintain current EBITDA margin trends and targets 25% annual growth in the aerospace segment, with consolidated business expected to sustain mid-teen growth rates.

• Commercial production at the new Andhra Pradesh facility is expected by late 2027, with ramp-up in FY2028.

• Ongoing capacity investments of ~₹1,000 Cr to support growth in aerospace and precision technology segments.

• Strong order book visibility with ₹5,960+ Cr in aerospace orders over a 10-year horizon.

• The company is optimistic about leveraging synergies from the aftermarket rollout and new certifications to drive future growth.