as of —
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Change
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Day Open
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Day High
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Day Low
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NSE Close — 25 Sep 2026
₹1,196.65
Change
-7.2 (-0.6%)
Open
₹1,208.9
Prev. Close
₹1,203.85
Day High
₹1,223.85
Day Low
₹1,172.0
Volume Analysis
Traded
3,100,301
Delivered
449,184
Delivery %
14.49%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (2)
- •Trading within 3% of its 52-week high (₹1224.0)
- •Strong return on equity (168.0%)
Weaknesses (0)
No signal for this stock
Opportunities (1)
- •Strong 3-year EPS growth (116.2%)
Threats (1)
- •FII holding has been falling
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹1,274.85 | ₹1,249.35 | ₹1,223.0 | ₹1,197.5 | ₹1,171.15 | ₹1,145.65 | ₹1,119.3 |
| Fibonacci | ₹1,249.35 | ₹1,229.54 | ₹1,217.31 | ₹1,197.5 | ₹1,177.69 | ₹1,165.46 | ₹1,145.65 |
| Camarilla | ₹1,210.91 | ₹1,206.16 | ₹1,201.4 | ₹1,197.5 | ₹1,191.9 | ₹1,187.14 | ₹1,182.39 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
+181.17%
1 Week
+10.3%
1 Month
+90.9%
3 Months
+105.68%
6 Months
+241.12%
1 Year
+97.09%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹2,775.81
Current price is at or below the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
2.18%
Net margin 2.79% × asset turnover 0.47x × equity multiplier 1.66x
Company Overview
Sector
Capital Goods
Market Cap
₹7,967 Cr
P/E (TTM)
47.4
ROE
168.0%
Book Value
₹427.0
Face Value
₹10.0
Source: Screener.in (Consolidated figures) — data as of 26 Sep 2026. Not investment advice.
TopFund Analysis
Raymond Ltd lands in the middle of the pack on TopFund's composite fundamentals check within the Capital Goods sector, at 52/100. The strongest factor is Momentum (97/100), while Cash Flow (12/100) is the weakest area to weigh before deciding. Notably: Trading within 3% of its 52-week high (₹1224.0); strong return on equity (168.0%). FII holding has been falling.
TopFund Score — Fundamentals Quality
52/100 — AverageData confidence: 78/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company has delivered good profit growth of 84.7% CAGR over last 5 years
- +Company has a good return on equity (ROE) track record: 3 Years ROE 131%
- +Debtor days have improved from 230 to 85.9 days.
- +Company's working capital requirements have reduced from 263 days to 18.2 days
- −Stock is trading at 2.80 times its book value
- −Though the company is reporting repeated profits, it is not paying out dividend
- −The company has delivered a poor sales growth of -8.49% over past five years.
- −Tax rate seems low
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Trading window closed from October 1, 2026 until 48 hours after Q2 results.
Intimation under Regulation 30 of the SEBI Listing regulations
Raymond will attend Arihant Capital's virtual Bharat Connect Conference on September 28, 2026.
Raymond subsidiary wins tender for wing and fuselage structures in fighter aircraft programme.
Raymond will participate in Anand Rathi’s G-200 Summit 2026 on September 21, 2026.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 473 | 470 | 678 | 266 | 450 | 474 | 466 | 557 | 524 | 528 | 557 | 603 | 606 |
| Expenses + | 431 | 427 | 622 | 256 | 418 | 449 | 435 | 513 | 470 | 485 | 497 | 529 | 529 |
| Operating Profit | 42 | 44 | 57 | 10 | 32 | 25 | 31 | 44 | 54 | 43 | 60 | 74 | 77 |
| OPM % | 9.0% | 9.0% | 8.0% | 3.7% | 7.0% | 5.0% | 7.0% | 8.0% | 10.0% | 8.0% | 11.0% | 12.0% | 13.0% |
| Other Income + | 1,065 | 153 | 192 | 249 | 7,394 | 96 | 95 | 156 | 5,339 | -131 | 9 | -10 | 22 |
| Interest | 8 | 9 | 22 | 5 | 16 | 16 | 16 | 17 | 19 | 22 | 21 | 23 | 20 |
| Depreciation | 16 | 17 | 18 | 21 | 35 | 37 | 37 | 37 | 39 | 38 | 38 | 37 | 38 |
| Profit before tax | 1,083 | 170 | 210 | 234 | 7,375 | 68 | 73 | 146 | 5,336 | -148 | 10 | 4 | 41 |
| Tax % | 2.0% | 5.0% | 12.0% | 2.0% | 0.0% | 13.0% | 1.0% | 6.0% | 0.0% | -109.0% | 30.0% | -185.0% | 25.0% |
| Net Profit + | 1,067 | 161 | 185 | 230 | 7,367 | 59 | 72 | 137 | 5,328 | 14 | 7 | 12 | 31 |
| EPS in Rs | 160 | 24 | 28 | 34 | 1,106 | 9 | 11 | 20 | 800 | 2 | 1 | 0 | 3 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 5,333 | 5,177 | 5,353 | 5,906 | 6,582 | 6,482 | 3,446 | 6,179 | 8,215 | 973 | 1,947 | 2,212 | 2,293 |
| Expenses + | 4,905 | 4,790 | 5,048 | 5,481 | 6,013 | 5,966 | 3,507 | 5,474 | 7,015 | 957 | 1,815 | 1,981 | 2,039 |
| Operating Profit | 427 | 387 | 305 | 426 | 569 | 516 | -60 | 705 | 1,199 | 16 | 132 | 232 | 254 |
| OPM % | 8.0% | 7.0% | 6.0% | 7.0% | 9.0% | 8.0% | -1.7% | 11.0% | 15.0% | 1.6% | 7.0% | 10.0% | 11.0% |
| Other Income + | 95 | 93 | 82 | 137 | 120 | 285 | 186 | 6 | 31 | 1,719 | 7,741 | 5,206 | -110 |
| Interest | 200 | 190 | 178 | 184 | 233 | 303 | 276 | 228 | 257 | 8 | 65 | 84 | 85 |
| Depreciation | 162 | 159 | 157 | 170 | 196 | 340 | 314 | 240 | 235 | 59 | 146 | 152 | 151 |
| Profit before tax | 160 | 132 | 52 | 208 | 260 | 159 | -465 | 243 | 737 | 1,668 | 7,662 | 5,202 | -93 |
| Tax % | 27.0% | 35.0% | 42.0% | 32.0% | 33.0% | -27.0% | -35.0% | -9.0% | 27.0% | 1.0% | 0.0% | -3.0% | — |
| Net Profit + | 120 | 86 | 30 | 142 | 175 | 202 | -304 | 265 | 537 | 1,643 | 7,636 | 5,361 | 64 |
| EPS in Rs | 18 | 14 | 4 | 22 | 27 | 30 | -45 | 39 | 79 | 246 | 1,146 | 802 | 6 |
| Dividend Payout % | 16.0% | 22.0% | 30.0% | 14.0% | 11.0% | 0.0% | 0.0% | 8.0% | 4.0% | 4.0% | 0.0% | 0.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 1,480 | 1,611 | 1,612 | 1,751 | 1,892 | 2,311 | 2,031 | 2,293 | 2,832 | 4,551 | 3,650 | 2,777 |
| Borrowings + | 1,881 | 2,063 | 2,140 | 2,353 | 2,468 | 2,556 | 2,413 | 2,353 | 2,529 | 4,181 | 740 | 1,055 |
| Other Liabilities + | 1,227 | 1,170 | 1,425 | 1,925 | 2,219 | 2,790 | 2,220 | 2,654 | 2,779 | 4,203 | 3,260 | 835 |
| Total Liabilities | 4,650 | 4,905 | 5,238 | 6,090 | 6,640 | 7,722 | 6,730 | 7,366 | 8,207 | 13,001 | 7,716 | 4,734 |
| Fixed Assets + | 1,274 | 1,174 | 1,169 | 1,741 | 1,935 | 2,441 | 2,044 | 1,878 | 1,934 | 3,475 | 1,772 | 1,524 |
| CWIP | 196 | 240 | 412 | 271 | 114 | 40 | 21 | 25 | 36 | 99 | 10 | 39 |
| Investments | 427 | 609 | 640 | 636 | 540 | 598 | 500 | 1,100 | 1,639 | 2,826 | 1,120 | 1,695 |
| Other Assets + | 2,753 | 2,881 | 3,016 | 3,443 | 4,051 | 4,644 | 4,164 | 4,363 | 4,598 | 6,601 | 4,814 | 1,476 |
| Total Assets | 4,650 | 4,905 | 5,238 | 6,090 | 6,640 | 7,722 | 6,730 | 7,366 | 8,207 | 13,001 | 7,716 | 4,734 |
| Equity Capital | 61 | 61 | 61 | 61 | 61 | 65 | 67 | 67 | 67 | 67 | 67 | 67 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 380 | 317 | 348 | 395 | 251 | 390 | 704 | 677 | 804 | 533 | 233 | 42 |
| Cash from Investing Activity + | -140 | -211 | -223 | -415 | -127 | -148 | 64 | -425 | -476 | -1,042 | -232 | -180 |
| Cash from Financing Activity + | -250 | -118 | -122 | 30 | -149 | -130 | -668 | -323 | -319 | 502 | -104 | 230 |
| Net Cash Flow | -10 | -12 | 3 | 9 | -25 | 113 | 100 | -71 | 10 | -6 | -102 | 91 |
| CFO/OP | 104 | 95 | 126 | 102 | 56 | 83 | -1,133 | 101 | 73 | 3,845 | 265 | 50 |
| Free Cash Flow | 156 | 95 | 70 | -102 | 10 | 198 | 702 | 646 | 702 | 337 | 91 | -71 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Others | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% |
| Public | 27.14% | 28.59% | 27.59% | 26.1% | 28.11% | 28.52% | 28.6% | 32.5% | 33.95% | 36.64% | 37.73% | 39.38% |
| Promoters | 49.11% | 49.11% | 49.11% | 49.01% | 48.87% | 48.87% | 48.87% | 48.87% | 48.87% | 48.87% | 48.87% | 48.87% |
| FII | 17.71% | 14.39% | 14.5% | 15.56% | 15.67% | 15.38% | 15.64% | 13.79% | 13.61% | 11.01% | 9.74% | 7.89% |
| DII | 6.0% | 7.88% | 8.78% | 9.29% | 7.3% | 7.19% | 6.84% | 4.8% | 3.53% | 3.43% | 3.61% | 3.81% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Capital Goods — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Raymond Ltd (this stock) | 7,967 | 47.4 | 2.8 | 168.0% |
| Rhi Magnesita India Ltd | 7,980 | 42.6 | 2.24 | 2.83% |
| Standard Engng Tcnlgy Ltd | 8,031 | 93.9 | 10.2 | 10.7% |
| Raghav Productivity Enh L | 7,804 | 124.0 | 31.89 | 24.3% |
| Axiscades Tech Ltd | 8,231 | 251.0 | 11.32 | 11.5% |
| Man Industries (i) Ltd. | 7,662 | 37.5 | 3.67 | 9.23% |
| Epl Limited | 7,659 | 18.6 | 2.68 | 15.7% |
Which Mutual Funds Hold Raymond Ltd?
Frequently Asked Questions about Raymond Ltd
Raymond Ltd (RAYMOND) closed at ₹1,196.65 on NSE on 25 September 2026, down 7.2 (0.6%) from the previous close.
Raymond Ltd trades on the NSE (National Stock Exchange of India) under the symbol RAYMOND.
Raymond Ltd has a trailing twelve-month P/E (price-to-earnings) ratio of 47.4.
Raymond Ltd has a dividend yield of 0.0%.
Raymond Ltd's 52-week high is ₹1,224.0 and its 52-week low is ₹320.0.
Raymond Ltd has a market capitalisation of ₹7,967 crore.
Raymond Ltd has a TopFund Quality Score of 52/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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