Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

Raymond Realty Limited

NSE: RAYMONDRELResidential, Commercial Projects

Share price

₹679.90

-3.12% close of 8 Oct 2026

Market cap ₹4,555 CrP/E 15.1

Business score

How strong the business is, in one number. The parts behind it are in Pro.

66

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹4,555 Cr

P/E ratio

15.1

P/B ratio

2.9

ROCE

29.6%

ROE

36.3%

Dividend yield

0.3%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹722.7552-week low ₹357.35

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step up at Jun 2025 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step up at Jun 2025 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

It has no steady three-year profit record yet, so growth cannot be weighed against the price.

Profit growthPrice per ₹1 profitPer 1% growth
Raymond Realty Limited — this one—15.1×—
DLF Limited27%/yr36.6×₹1.4
Lodha Developers Limited56%/yr25.8×₹0.46
The Phoenix Mills Limited12%/yr49.2×₹4.1
Prestige Estates Projects18%/yr53.4×₹3.0
Oberoi Realty9%/yr22.9×₹2.5

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Residential, Commercial Projects), it ranks 4 of 86 on returns, 44 of 86 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A wide advantage: it earns 29.6% on capital, ahead of 95% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the 3 years of cash statements on file the business itself consumed ₹1373 crore of cash before any plant spend, funded from lenders and shareholders.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 8 checks clear · 88%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Bookings more than doubled, but interest costs pushed profit down 16%

Announced 7 Aug 2026 · Consolidated · Unaudited

Revenue

₹527 Cr

Revenue vs last year

+38.4%

Revenue vs last quarter

-54.5%

Net profit

₹13 Cr

Profit vs last year

-16.1%

Profit vs last quarter

-91.7%

Net margin

2.5%

EPS

₹2.02

Earnings call transcript · 10 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹4,555 Cr
Prev close
₹679.90
52w High
₹742
52w Low
₹349
Enterprise value
₹5,213 Cr
Beta
1.7
Price CAGR 1y
17.0%
Price CAGR 3y
—
Price CAGR 5y
—
Price CAGR 10y
—

Ratios

Return on assets
4.3%
PEG ratio
—
P/E ratio
15.1
P/B ratio
2.9
EV / EBITDA
10.9
Industry P/E
23.4
ROCE
29.6%
ROCE 5y average
23.0%
ROE
36.3%
Debt / Equity
0.6
Interest coverage
4.8
Dividend yield
0.3%
ROE 3y average
—
ROE last year
36.0%

Annual P&L

Annual revenue
₹2,991 Cr
Annual profit
₹305 Cr
Operating margin
15.0%
Net profit margin
10.2%
EBITDA margin
14.9%
Sales growth 3y
—
Sales growth 5y
—
Profit growth 3y
—
Profit growth 5y
—
EPS
₹45.8
Sales growth TTM
284.0%
Profit growth TTM
1024.0%
Dividend payout
4.0%

Quarter P&L

Sales latest quarter
₹527 Cr
Profit latest quarter
₹13 Cr
YoY quarterly sales growth
38.4%
YoY quarterly profit growth
-18.8%
OPM latest quarter
11.6%

Balance Sheet

Book Value
₹234
Face Value
₹10.0
Total debt
₹1,014 Cr
Total cash
₹355 Cr
Borrowings
₹1,014 Cr
Reserves / Equity
22.4

Cash Flow

Operating cash flow
-₹910 Cr
Free cash flow
-₹990 Cr
FCF yield
-23.9%
Net cash flow
-₹166 Cr

Shareholding

Promoter holding
50.9%
FII holding
5.8%
DII holding
2.9%
Public holding
40.3%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
DLF641.0536.91,58,6801.23793.94.11,280.3-52.96.3
Lodha Developers1,078.9026.11,07,8240.391,373.1103.44,996.743.116.4
Phoenix Mills1,795.5049.664,2210.14394.523.31,074.912.812.4
Oberoi Realty1,697.1523.361,7090.47543.529.01,300.931.717.3
Prestige Estates1,404.9553.160,5150.14271.4-19.42,675.115.910.4
Godrej Propert.1,540.7028.746,4100.64349.4-41.7506.216.57.6
Anant Raj596.5537.021,4690.16149.218.9631.46.612.1
Raymond Realty678.6515.04,5180.2813.4-18.6526.738.429.6
Median134.9523.58710.008.426.585.011.07.6

Competes with: Anant Raj Limited, Brigade Enterprises Limited, DLF Limited, Godrej Properties, Lodha Developers Limited, Oberoi Realty, Prestige Estates Projects, The Phoenix Mills Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales130226921173816967581,157527
Expenses11221178103351605666922466
Material Cost2551,3741,1802,056414
Change in Inventories6.13-870-610-1,248-48
Purchases of Stock-in-Trade00000
Employee Cost2934383740
Other Expenses6067587860
Operating Profit1815141430919123461
OPM %146.6815127.8413122012
Other Income011011108199
Exceptional items (within Other Income)00000
Interest101112131526174047
Depreciation000055578
Profit before tax742221707720615
Tax %-6-13-25-422314132211
Net Profit753216606716113
EPS in Rs2.489.0410242.02
Diluted EPS in Rs2.48010242.02

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2024Mar 2025Mar 2026TTM
Sales35652,9913,137
Expenses225042,5442,659
Material Cost4,865
Change in Inventories-2,723
Purchases of Stock-in-Trade0
Employee Cost138
Other Expenses263
Operating Profit-1961447478
OPM %-543111515
Other Income124846
Exceptional items (within Other Income)0
Interest274698130
Depreciation01.412326
Profit before tax-4515375368
Tax %-2-1519
Net Profit-4418305302
EPS in Rs4645
Diluted EPS in Rs46
Dividend Payout %004

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
—
3 years
—
TTM
284%

Compounded profit growth

10 years
—
5 years
—
3 years
—
TTM
1024%

Stock price CAGR

10 years
—
5 years
—
3 years
—
1 year
17%

Return on equity

10 years
—
5 years
—
3 years
—
Last year
36%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2024Mar 2025Mar 2026
Equity Capital0.151.6567
Reserves-1461,501
Borrowings2314671,014
Other Liabilities5317904,481
Total Liabilities7621,3057,062
Fixed Assets1289
CWIP105
Investments4102
Other Assets7561,2936,966
Total Assets7621,3057,062

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2024Mar 2025Mar 2026
Cash from Operating Activity-226-237-910
Cash from Investing Activity-6-819
Cash from Financing Activity234261725
Net Cash Flow217-166
Free Cash Flow-228-238-990

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2024Mar 2025Mar 2026
Debtor Days7528
Cash Conversion Cycle7528
Working Capital Days55,665126225
ROCE %1630

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters4949495151
FIIs16118.547.625.85
DIIs6.354.514.403.922.90
Public2935383840
Others0.030.030.030.030.03
No. of Shareholders2,61,5642,25,9142,17,7052,10,5302,09,800

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +14.6% (₹593.30 → ₹679.90)Brick size ₹35.76 (fixed)Bricks 29
₹400₹500₹600₹680Nov '25Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹679.90 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

658inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

7,99,73,262inr

2026-03-31

News

News and filings about Raymond Realty Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • aluminium (windows/facades) and electrical/plumbing fittings
  • cement
  • ceramic tiles & sanitaryware
  • ready-mix concrete / aggregates
  • steel / TMT reinforcement bars

Depends on the price of

  • cement
  • steel

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Realty
Industry
Residential, Commercial Projects
Classification
Realty › Residential, Commercial Projects
ISIN
INE1SY401010

Plants

  • Raymond Realty Aashiyana (Thane)
  • Raymond Realty Invictus (Thane)
  • Raymond Realty Ten X Era (Thane)
  • Raymond Realty Ten X Habitat (Thane)
  • Raymond Realty Thane land parcel (~125 acres, TCC campus)
  • Raymond Realty The Address by GS (Thane)

News impact

Big market events that reach Raymond Realty Limited, and how the effect spreads.

Who it hits first

  • The Bombay High Court (HC), Mumbai's top court, restored project status for Turf View, Prestige Estates' housing project in Mahalaxmi, Mumbai, after the parties settled their fight before the property appeals tribunal (MahaREAT).
  • With legal status back, Prestige Estates, the Bengaluru-based builder, can restart approvals, construction and flat sales at Turf View.
  • Shares of seed maker Bombay Super Hybrid Seeds and textile firm Bombay Dyeing are unaffected — they share only the Bombay name, not the case.

Who may gain

  • Prestige Estates gains cleared titles and can resume bookings and cash flows at Turf View.
  • Homebuyers at Turf View get certainty that their flats and timelines stand.

Along the supply chain

Downstream

Downstream, flat buyers, brokers and home-loan lenders in Mahalaxmi regain a ready luxury option, aiding registrations and loan disbursals.

Upstream

Upstream, Prestige's listed contractors and material suppliers for concrete and blocks see work restart as Turf View construction resumes.

Where demand moves

Business

Business demand returns: buyers can book Turf View flats again and contractors resume work, lifting Prestige's Mumbai sales pipeline.

Capital

Capital steadies on Prestige as legal overhang lifts, while peer builders see only mild sentiment without direct order gains.

How it spreads across sectors

Realty

Mumbai builders gain confidence as courts uphold settled project titles, aiding sentiment for Lodha and Oberoi Realty.

Textiles

No readthrough — textile firms like Bombay Dyeing share only a name, not the property case.

When it plays out

Immediate

In 1-7 days Prestige shares firm and Turf View marketing restarts.

Medium term

In 1-6 months phased sales and cash flows build if demand holds.

Short term

In 1-4 weeks bookings and construction approvals pick up at Mahalaxmi.

29 Sept, 23:12 IST · Market event · high impact

Prestige Estates raises ₹3,000 crore from CPPIB for hospitality arm

Prestige Estates got ₹3,000 crore from Canada's CPPIB to grow its hotel business, which helps Prestige and builders, while rival developers only get a sentiment lift and no one is clearly hurt.

RealtyConsumer Services

Who it hits first

  • Prestige Estates Projects, a Bangalore builder of homes, offices, malls and hotels, receives ₹3,000 crore from CPP Investments to expand its hotel arm.
  • CPP Investments, a large Canadian pension fund, makes its first direct investment in Indian hotels through this deal, signalling strong foreign belief in India hotel demand.
  • The money is fresh equity for growth, not a loan, so Prestige can build more hotels without adding to its debt pile (debt vs its own money (D/E) 1.085).

Who may gain

  • Prestige Estates Projects, whose hotel expansion is now paid for and whose hotel platform gains a marquee foreign backer.
  • Capacite Infraprojects, a construction firm that already builds for Prestige, which may win contracts to build the new hotels.
  • Brigade Enterprises, a Bangalore rival that also owns hotels, whose hotel assets look more valuable after a global fund priced the sector.
  • Realty shareholders broadly, as foreign pension money entering Indian property lifts mood for the whole sector.

Along the supply chain

Downstream

Prestige listed customers in the pack are office tenants — TCS and Wipro (software makers), Britannia and Hindustan Unilever (food and household goods) — who buy office space, not hotel rooms, so no downstream sales lift follows; future hotel guests gain supply months out.

Upstream

Capacite Infraprojects, a contractor that supplies building work to Prestige, stands to gain new hotel orders; building-material makers benefit indirectly once construction starts, though no supplier in the pack has a priced order yet.

Where demand moves

Business

Prestige will need builders, materials and hotel equipment to turn ₹3,000 crore into rooms, so construction demand flows to contractors like Capacite Infraprojects; future hotel guests and travel bookers gain more rooms, but that supply is months away.

Capital

₹3,000 crore of Canadian pension capital flows into Prestige hotel arm, and the signal that global funds will pay up for Indian hotels pulls investor money toward listed realty and hotel owners.

How it spreads across sectors

Consumer Services

Hotel owners such as Indian Hotels, EIH, Chalet and Lemon Tree see their assets validated by a global buyer, though Prestige adding rooms in time means more competition for guests.

Realty

Positive mood lift as a ₹3,000 crore foreign bet validates Indian property; developers from DLF to small builders catch sympathy buying, but no earnings change.

A pattern seen before

Cascade chain

Pattern name

Crude Oil Cascade

Patterns

  • Crude Oil Cascade

Sectors queried

  • Cement
  • Chemicals
  • FMCG
  • Power

When it plays out

Immediate

In 1-7 days Prestige shares react to the funding headline and peers catch sympathy bids.

Medium term

In 1-6 months hotel construction orders and room openings decide whether the ₹3,000 crore earns its return.

Short term

In 1-4 weeks the market checks deal terms and Prestige hotel pipeline, and contractors watch for tenders.

Who it hits first

  • MICL, a Mumbai builder that managed the Marine Lines housing project with Shreepati Group, handed its development rights to Godrej Properties.
  • Godrej Properties, a large home builder, now controls a project expected to bring Rs6,000-crore in sales.
  • MICL steps back from building and will no longer share in that future revenue.

Who may gain

  • Godrej Properties shareholders, who gain a Rs6,000-crore South Mumbai project
  • Construction contractors and cement makers that supply Godrej Properties' new building work
  • Home buyers in Marine Lines who get a Godrej-built project

Along the supply chain

Downstream

Flat buyers, brokers and home-loan lenders in South Mumbai gain a fresh Godrej housing supply to sell and finance once bookings open.

Upstream

Cement and contract builders that supply Godrej — UltraTech Cement makes cement, Capacite Infraprojects and Ahluwalia Contracts build towers — gain future orders as work starts.

Where demand moves

Business

Godrej Properties gains future home sales worth Rs6,000-crore in Marine Lines, so its order book grows; contractors, cement and building suppliers see fresh work as construction starts, while rival builders gain no new sales.

Capital

Investors are likely to buy Godrej Properties on the bigger pipeline, lifting its shares, while money drifts away from rival builders that missed this prime plot and from MICL as it exits the project.

How it spreads across sectors

Construction

Contractors see a small lift from expected Marine Lines building orders.

Construction Materials

Cement and material makers see a small lift from future demand.

Realty

Godrej's pipeline grows, lifting sentiment for large Mumbai builders, while smaller rivals see no spillover.

When it plays out

Immediate

Next 1-7 days: Godrej shares firm on the Rs6,000-crore pipeline news; contractors edge up on order hopes.

Medium term

Next 1-6 months: Approvals and pre-sales decide the real gain; rivals refocus on their own Mumbai launches.

Short term

Next 1-4 weeks: Godrej details launch timelines and approvals; suppliers watch for tender wins.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

3 Jul 2026unspecified₹2

Splits, bonuses & buybacks

  • daily-prices repair: 1 rows from NSE's archive (replace 0, delete 0, insert 1), 2026-02-01..2026-02-01 (docs/flat_day_repair.md)1× · 1 Feb 2026

Bulk & block deals

DateWhoBought / soldSharesPrice
25 Sep 2026QE SECURITIES LLPSELL5,66,985₹720.02
25 Sep 2026QE SECURITIES LLPBUY5,57,761₹722.13
25 Sep 2026ALPHAGREP SECURITIES PRIVATE LIMITEDBUY4,08,903₹721.51
25 Sep 2026ALPHAGREP SECURITIES PRIVATE LIMITEDSELL4,08,903₹721.19
25 Sep 2026PLUTUS WEALTH MANAGEMENT LLPSELL3,52,619₹720.64
25 Sep 2026PLUTUS WEALTH MANAGEMENT LLPBUY3,52,619₹720.31
25 Sep 2026HRTI PRIVATE LIMITEDSELL3,41,584₹718.50
25 Sep 2026HRTI PRIVATE LIMITEDBUY2,46,987₹715.91
24 Sep 2026MICROCURVES TRADING PRIVATE LIMITEDSELL11,92,283₹704.18
24 Sep 2026MICROCURVES TRADING PRIVATE LIMITEDBUY11,92,283₹703.83

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.