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Resistance/Support
Delivery and Volume
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Raymond Ltd Performance

Today's Low
1,860.00
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Today's High
2,030.00
52 Wk Low
1,445.00
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52 Wk High
2,240.00


Open

1890

Traded Value (Cr)

243.71 Cr

Prev. Close

1910.1

VWAP

1986.13

Volume

1,46,995

Face Value

10

Raymond Ltd Fundamentals

Market Cap
₹ 12,662 Cr
P/E Ratio (TTM)
7.37
P/B Ratio
3.02
Debt to Equity
0.82
ROE
36.11 %
EPS (TTM)
258.15
Dividend Yield
0.16%
Book Value
629.95

Click here to know more about Fundamentals

Raymond Ltd Financials

Raymond Ltd Financials

Raymond Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 49.11 % 49.11 % 49.11 % 49.11 %
Retail 22.41 % 23.56 % 22.34 % 22.74 %
FII 14.50 % 14.39 % 17.71 % 17.76 %
Others 8.26 % 7.89 % 7.52 % 7.50 %
Mutual Funds 5.74 % 5.06 % 3.32 % 2.89 %

Promoters

49.11%

Retail

22.41%

FII

14.50%

Others

8.26%

Mutual Funds

5.74%

Promoters

49.11%

Retail

23.56%

FII

14.39%

Others

7.89%

Mutual Funds

5.06%

Promoters

49.11%

Retail

22.34%

FII

17.71%

Others

7.52%

Mutual Funds

3.32%

Promoters

49.11%

Retail

22.74%

FII

17.76%

Others

7.50%

Mutual Funds

2.89%

Resistance and Support

₹1,777.77

PIVOT

resistance-arrow
Resistance
First Resistance₹1,804.533
Second Resistance₹1,824.767
Third Resistance₹1,851.533
support-arrow
Support
First Resistance₹1,757.533
Second Resistance₹1,730.767
Third Resistance₹1,710.533
RSI77.903
MACD86.824
ADX24.326
CCI114.739

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day146,995254,95921.05
Week127,477130,49854.25
1 Month179,326100,42849.50
6 Months146,99574,93550.98

About Raymond Ltd

Raymond Limited, the largest integrated manufacturer of worsted fabric in the world is a leading Indian Lifestyle, Textile and Branded Apparel Company, with interests in engineering such as files, power tools, auto-components, FMCG and realty. The Company has its wide network of operations in local as well foreign market. It sells product through multiple channels including wholesale, franchisee, retail etc. The Company was incorporated as the Raymond Woolen mill on September 10, 1925 in the area around Thane Creek and thereafter transformed from being an Indian textile player to a large diversified group with leadership position in Textiles and Apparel sectors and enjoys a formidable position across industries such as FMCG, Engineering and Prophylactics in national and global markets. The company comprises in three business divisions, such as Textiles, Engineering and Aviation. Textile division of the company has a distribution network of more than 4,000 multi-brand outlets and over 400 exclusive retail shops in the domestic market itself. Suitings are available in India in over 400 towns through 30,000 retailers and an exclusive chain is present in over 150 cities across India and overseas especially the products exports to over 55 countries including USA, Canada, Europe, Japan and the Middle East. The group has three engineering divisions, J.K. Files & Tools, J.K. Talabot Ltd. to cater to national and international markets and a controlling interest in Ring Plus Aqua Ltd engaged in the manufacture of auto components. Raymond Ltd. is one of the first Corporate Houses in India to launch Air Charter Services in India and since then it has been always a way ahead for Raymond Aviation under the name of Million Air and have a fleet of 3 helicopters and 1 executive jet for the busy corporate executive. Lala Juggilal, Lala Kailashpat Singhania took over The Raymond Woollen Mill in the year 1944. The Company had set up a new manufacturing activity in the year of 1950 for making indigenous engineering files known as JK Files & Tools. This has now become the largest facility of its kind in the world. The first exclusive Raymond Retail showroom, King's Corner, was opened in 1958 at Ballard Estate in Bombay. During the year 1964, the company had set up of a new Combing Division. This was followed by a phase of vertical integration, facilitating in the processing of multi-fibres and technology improvements to make blended fabrics. Raymond had set up a readymade garments plant at Thane in the year 1968. The readymade garments division of Raymond has since then grown rapidly. A new manufacturing facility was set up at Jalgaon during the year 1979 to meet the increasing demand for worsted woollen fabrics. Vijaypat Singhania took over the reins of the company in the year 1980; he injected fresh vigour into Raymond, transforming it into a modern, industrial conglomerate. Launched 'Park Avenue', the premium lifestyle brand of the company in the year 1986 provides a complete wardrobe solution to the men who like to dress well & be current on styles & fashion. Apart from the domestic operations, the made spread its wing into abroad also, the first showroom for Raymond was opened in Oman during the period of 1990. In the year 1991, another new manufacturing facility was set up at Chhindwara, near Nagpur. The Renaissance Collection made of Merino wool blended with polyester and specialty fibres (Super 100S to Super 140S) were comes to existence since 1996 and also in the same year Raymond's denim also introduced. The Company had commenced Air Charter Services in India during the year 1996. Raymond had launched 'Parx' in the year 1999, a premium casual wear brand bringing customers a range of semi-formal and casual clothes. After a year in 2000, launched 'Be', an exclusive product line of ready-to-wear designer clothing for men and women. Raymond had set up 'Silver Spark Apparel Ltd.' in the year 2003 for manufacturing suits and formal trousers catering largely to export markets and also in the same year, the company had acquired ColorPlus. In 2004, Super 220S fabrics ruled in market under the Chairman's Collection. During the year 2005, the company had set up state-of-the art jeanswear facility 'Everblue Apparel Ltd.' near Bangalore and also in the same year 'Celebrations Apparel Ltd.' was started for the manufacturing of formal shirts. Raymond achieved a rare feat and a historical milestone with the creation of the world's finest worsted-suiting fabrics from the finest wool ever produced in the world- The Super 230s made up of 11.8 micron of wool. Set of Raymond's third worsted unit at Vapi in Gujarat during the year 2006 and in the identical year launched the design studio in Italy for cutting edge design capabilities for exports and domestic brands. Raymond had set up the world-class carded woollen unit, Raymond Fedora Ltd, in Jalgaon and set up of Greenfield shirting unit at Kolhapur producing high value cotton shirting as part of the company's JV with Gruppo Zambaiti. Also in the same year of 2006, formulated J.K. Talabot Ltd, JV with MOB, France for the manufacturing of files and rasps. Launched kidswear brand under the name of Zapp with first store in Ahmedabad. During the year 2006-2007, the company made joint venture with Italian apparel brand Grotto to open 60 GAS exclusive brand outlets (EBOs). Also in the year 2007, to enter the automobile furnishing sector, Raymond sets up a joint venture with Treves SA, USD 1.3 billion French. As at October of the year 2007, Raymond opened exclusive Zapp flagship store at Eranakulam, in Kochi. The Company resolved to take its 80-year-old brand Raymond into the branded ready-made garment segment in December 2007. The equal joint venture (JV) between Raymond and Italian fashion house Grotto is learnt to be in trouble less than two years after it was formed. Grotto is learnt to be exploring the options of exiting the JV during August 2008. Raymond is planning to increase its retail stores from 433 to 950 and expects the revenue from the stores to increase from Rs 7 billion in the present to Rs 11 billion to Rs 12 billion in 2009-2010. Most of these stores will come up in small towns. During FY 2014, the Company completed the restructuring exercise of its Suit Manufacturing Plant at Bangalore by transferring it as a going-concern on a slump sale basis to its wholly owned subsidiary, Silver Spark Apparels Limited, effective 1 October 2013. This restructuring exercise has resulted in the consolidation of the suit manufacturing business in Silver Spark Apparels Limited. In view of this exercise the standalone performance of the Company for FY 2014 is strictly not comparable with that of the previous year. During the year 2015, the company received the Bombay High Court order sanctioning the scheme of amalgamation of the company with erstwhile Trinity India Limited. The appointed date was 1 April 2013. Accordingly, the financial statements of this Company include the operations of both the Ring Gear Bearing and Forging Division. During the year under review, Raymond Zambaiti Limited changed its name to 'Raymond Luxury Cottons Limited'. This company caters to niche high-value Luxury Cotton shirting customers. The erstwhile Joint Venture partner Cotonifico Honegger S.p.A. was declared bankrupt by an Italian Court. The bankruptcy proceedings are in progress. The Company's claim for a sum aggregating to Rs11 crore towards Export receivables has been admitted by the Italian Court Receiver. The Company has appointed an Italian Lawyer to protect its interest and attend to the legal proceedings in Italy.During the year 2015, Raymond Limited subscribed to the entire rights issue by the said Subsidiary Company and subscribed Rs20 crore of the Equity Share capital to help finance the expansion program of this subsidiary In FY 2015, the Company had issued and allotted 10.20% - 750 Unsecured Redeemable Non-Convertible Debentures (NCD) Series G of Rs1000000/- each for cash at par aggregating to Rs75 crore on private placement basis. The aforesaid NCD Series is listed on Wholesale Debt Market (WDM) of National Stock Exchange of India Limited. During the year under review, 750 Unsecured Redeemable Non-Convertible Debentures (NCD) Series B of Rs1000000/- each were redeemed. During the year 2016, the company had issued and allotted following 2 series of Debentures on private placement basis: i) 9.75% - 1000 Unsecured Redeemable Non-Convertible Debentures (NCD) Series H of Rs 10,00,000/- each for cash at par aggregating to Rs100 crore. ii) 9.52% - 1000 Unsecured Redeemable Non-Convertible Debentures (NCD) Series I of Rs1000000/- each for cash at par aggregating to Rs 100 crore. The aforesaid Series of NCD's are listed on Wholesale Debt Market (WDM) of National Stock Exchange of India Limited. During the year under review, 1000 Unsecured Redeemable Non-Convertible Debentures (NCD) Series A of Rs1000000/- each aggregating to Rs100 crore and 300 Unsecured Redeemable Non-Convertible Debentures (NCD) Series D of Rs1000000/- aggregating to Rs30 crore were redeemed on attaining maturity. During the year 2017, the Company had redeemed following two series of Debentures on attaining maturity: i) 10.55% - 1000 Unsecured Redeemable Listed Non-Convertible Debentures (NCD) for Series C of Rs1000000/- each aggregating to Rs100 crore. ii) Zero Coupon - 350 Unsecured Redeemable Listed Non-Convertible Debentures (NCD) for Series E of Rs1000000/- each aggregating to Rs35crore. In April 2017, the Company had issued and allotted 8.35% - 1500 Unsecured Redeemable Non-Convertible Debentures (NCD) for Series J of Rs1000000/- each for cash at par aggregating to Rs 150 crore on private placement basis. The NCD's are listed on Wholesale Debt Market (WDM) segment of National Stock Exchange of India Limited. On 21 September 2016, the company entered into a Share Purchase Agreement with Neel Metals Products Limited, to transfer by way of sale its entire equity share holding of 1,04,30,631 equity shares in its 50:50 Joint Venture Company namely; Rose Engineered Products India Private Limited (ROSE). Consequent to said transaction ROSE ceased to be an Associate of Ring Plus Aqua Limited and Raymond Limited. Pursuant to Scheme of Arrangement between Color Plus Fashions Limited (CPFL) and Raymond Apparel Limited (RAL), the Ready-made Garments and Accessories Undertaking / Business of CPFL was demerged into RAL. RAL and CPFL obtained the approval of the NCLT, Mumbai Bench on 28 June 2017 for the said Scheme of Arrangement. During the year 2018, the company closed its manufacturing unit of JK Files (India) Limtied at Kolkata (West Bengal) and provided Voluntary Retirement from Services (VRS) to employees at Kolkata. During the year 2019-20, Company filed an application on March 12, 2020 involving Composite Scheme of Arrangement between Raymond Limited, Raymond Lifestyle Limited (RLL), Raymond Apparel Limited (RAL) and Scissors Engineering Products Limited (SEPL) with Hon'ble National Company Law Tribunal, Mumbai Bench (NCLT), which proposes merger of RAL and SEPL with the Transferee Company i.e. Raymond Limited and consequently, post the merger, Scheme proposes a demerger of the Lifestyle business carried out by Raymond Limited and its subsidiaries into RLL. Raymond's Real Estate business was launched in 2019. In year 2022 the Company embarked on a journey of restructuring within the Raymond Group. The Board of Directors had approved a Scheme of Arrangement providing for demerger of B2C business including the Apparel business of Raymond Apparel Limited (RAL), wholly owned subsidiary into the Company. The Hon'ble National Company Law Tribunal, Mumbai Bench (NCLT) had on March 23, 2022 passed an Order sanctioning the Scheme. Accordingly, the Business Undertaking of Raymond Apparel Limited (RAL), the Company's wholly-owned subsidiary was merged into Raymond Limited with effect from April 01, 2021. The Board of Directors approved a Scheme of Arrangement for transfer of Company's Real Estate Business to Raymond Lifestyle Limited (to be renamed as Raymond Realty Limited), wholly owned subsidiary of the Company. The Board of Directors of the Company at its meeting held on 27 April 2023 has approved the Composite Scheme of Arrangement for the Demerger of Lifestyle Business Undertaking of Raymond Limited (the Demerged Company/RL) into Raymond Consumer Care Limited (the Resulting Company / RCCL) on a going concern basis with the Appointed Date, 1 April 2023. In February 2023, the Company launched third project, Ten X Era' in Thane to further strengthen the positioning in the 2BHK and 3BHK units; it launched stretched collection Technostretch' & SPANAX' which combines unique solution of comfort & performance and offers two variations- multi-directional stretch and Weft-stretch'; launched LA-MIRACO' a new brand in wool blend category.

Managing Director

Gautam Hari Singhania

Founded

1925

NSE Symbol

RAYMOND

Raymond Ltd Management

NameDesignation
Gautam Hari SinghaniaChairman & Managing Director
Nawaz Gautam SinghaniaDirector
Shiv Surinder KumarIndependent Director
Dinesh Kumar LalIndependent Director
Mukeeta JhaveriIndependent Director
Ashish KapadiaIndependent Director
Rakesh DarjiCompany Sec. & Compli. Officer
S L PokharnaDirector
K Narasimha MurthyIndependent Director

Raymond Ltd News

Raymond Realty launches its first project in Bandra
Raymond consolidated net profit rises 93.59% in the December 2023 quarter
Sales rise 10.05% to Rs 2386.16 crore
Raymond standalone net profit rises 94.79% in the December 2023 quarter
Sales rise 14.36% to Rs 1773.69 crore
Raymond to hold EGM
On 26 February 2024
Raymond to announce Quarterly Result
On 1 February 2024
Raymond incorporates a Wholly Owned Subsidiary
On 3 January 2024
Raymond update on proposed scheme of arrangement
Receives 'No objection' from BSE and NSE
Raymond slides 12% in seven days
Raymond declined 3.71% to Rs 1,677.60 after extending losses for the seven consecutive trading sessions.
Raymond consolidated net profit rises 0.59% in the September 2023 quarter
Sales rise 3.93% to Rs 2253.40 crore
Raymond receives ratings action from CRISIL

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Raymond Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Raymond Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Raymond Ltd's share price is ₹2,011.95 as of April 19, 2024

Raymond Ltd's P/E ratio is 7.37 times as of April 19, 2024.

Raymond Ltd's most recent financial reports indicate a price-to-book ratio of 3.02, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Raymond Ltd's market is 12,663 Cr as on April 19, 2024.

The current financial records of Raymond Ltd show a 36.11% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Raymond Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Raymond Ltd's 52-week high and low as of April 19, 2024 are ₹2030 and ₹1860 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Raymond Ltd stands at 49.11%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 14.39% to 14.50%.