Latest news with #RaymondLtd
Business Standard
21-05-2025
- Business
- Business Standard
Quick Wrap: Nifty Realty Index rises 1.72%
Nifty Realty index closed up 1.72% at 938.7 today. The index is up 9.00% over last one month. Among the constituents, Raymond Ltd added 2.91%, DLF Ltd rose 2.87% and Phoenix Mills Ltd gained 2.43%. The Nifty Realty index is down 7.00% over last one year compared to the 10.14% surge in benchmark Nifty 50 index. In other indices, Nifty Pharma index added 1.25% and Nifty PSE index gained 1.21% on the day. In broad markets, the Nifty 50 increased 0.52% to close at 24813.45 while the SENSEX recorded a gain of 0.51% to close at 81596.63 today. Powered by Capital Market - Live News
Business Standard
19-05-2025
- Business
- Business Standard
Quick Wrap: Nifty Realty Index records a surge of 2.26%
Nifty Realty index ended up 2.26% at 933.2 today. The index has added 10.00% over last one month. Among the constituents, Raymond Ltd rose 4.99%, Phoenix Mills Ltd jumped 3.59% and Oberoi Realty Ltd added 3.48%. The Nifty Realty index has decreased 7.00% over last one year compared to the 10.86% spike in benchmark Nifty 50 index. In other indices, Nifty PSU Bank index increased 1.46% and Nifty IT index has slid 1.30% on the day. In broad markets, the Nifty 50 has declined 0.30% to close at 24945.45 while the SENSEX has slid 0.33% to close at 82059.42 today.
Business Standard
15-05-2025
- Business
- Business Standard
Quick Wrap: Nifty Realty Index records a surge of 1.92%, NIFTY climbs 1.60%
Nifty Realty index ended up 1.92% at 897.95 today. The index has added 8.00% over last one month. Among the constituents, Raymond Ltd rose 4.99%, Macrotech Developers Ltd added 4.14% and Anant Raj Ltd jumped 3.09%. The Nifty Realty index has decreased 7.00% over last one year compared to the 12.89% spike in benchmark Nifty 50 index. In other indices, Nifty Auto index increased 1.92% and Nifty Metal index increased 1.74% on the day. In broad markets, the Nifty 50 increased 1.60% to close at 25062.1 while the SENSEX increased 1.48% to close at 82530.74 today.
Yahoo
15-05-2025
- Business
- Yahoo
Raymond Ltd (BOM:500330) Q4 2025 Earnings Call Highlights: Strong Real Estate Growth and ...
Total Income (Continuing Operations): ?601 crore in Q4 FY25; ?2,105 crore for FY25. EBITDA (Continuing Operations): ?99 crore in Q4 FY25; ?335 crore for FY25. EBITDA Margin (Continuing Operations): 16.4% in Q4 FY25; 15.9% for FY25. Engineering Business Sales: ?528 crore in Q4 FY25. Engineering Business EBITDA: ?81 crore in Q4 FY25. Engineering Business EBITDA Margin: 15.3% in Q4 FY25. Net Cash Surplus: ?263 crore as of March 2025. Gross Debt: ?677 crore as of March 2025. Cash and Cash Equivalents: ?940 crore as of March 2025. Real Estate Revenue: ?766 crore in Q4 FY25, a 13% growth from Q4 FY24. Real Estate EBITDA: ?194 crore in Q4 FY25, a 13% growth from Q4 FY24. Real Estate EBITDA Margin: 25.3% in Q4 FY25. Real Estate Bookings: ?636 crore in Q4 FY25. Real Estate Net Cash Surplus: Close to ?400 crore as of March 2025. Warning! GuruFocus has detected 3 Warning Signs with BOM:500330. Release Date: May 13, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Raymond Ltd (BOM:500330) reported a strong quarterly performance with a total income of ?601 crore and an EBITDA of ?99 crore, achieving a margin of 16.4% in Q4 FY25. The company successfully demerged its real estate business, positioning Raymond Realty as an independent entity, which is expected to pursue its growth trajectory. Raymond Ltd remains a net debt-free business with a net cash surplus of ?263 crore as of March 2025. The real estate segment reported a 13% year-on-year growth in revenue, reaching ?766 crore in Q4 FY25, with an EBITDA margin of 25.3%. The aerospace business is showing promising signs of recovery, with anticipated growth momentum following the resolution of production issues faced by major aircraft manufacturers. Export markets for the auto ancillary and engineering consumable segments remain subdued due to the ongoing slowdown in the European automotive market and disruptions caused by the Red Sea shipping crisis. The Indian economy's growth rate in Fiscal 2025 was slightly lower than the previous year, which could impact overall market dynamics. Recent policy changes have introduced uncertainty impacting markets worldwide, posing challenges for strategic decision-making. The auto sector component segment is experiencing recent softness due to weaker market conditions, which may impact near-term growth. The real estate market faces potential delays in project launches due to approval processes and legal constraints, particularly in the Mumbai metropolitan region. Q: What are the peak funding requirements for the Realty division's Joint Development Agreements (JDAs), and how do the construction funding rates compare to other developers? A: Harmohan Sahni, CEO - Realty: The peak funding requirement for each JDA ranges between ?250 crore to ?400 crore, depending on the project. Amit Agarwal, Group CFO: The interest rates for construction funding are between 8% to 9.9%, which are competitive due to the company's good credit rating. Q: How does Raymond Ltd plan to manage contractor capacity for its projects? A: Harmohan Sahni, CEO - Realty: The contracting process is competitive, with bids from various contractors. While we have used some initial contractors, we also engage smaller contractors for parts of the work. Future contracts will continue to be awarded based on competitive bidding. Q: What is the launch pipeline for JDAs in the current year, particularly in Thane and other areas? A: Harmohan Sahni, CEO - Realty: We plan to launch a few projects in Q3 and Q4, with a possible launch in Thane during Q2. No launches are scheduled for Q1 due to it being a typically low period. Q: How have residential real estate sales trended recently, and are there any signs of market softening? A: Harmohan Sahni, CEO - Realty: Sales were strong in March, compensating for slower months in January and February. April and May have been business as usual, with a temporary dip due to geopolitical tensions, but inquiries have resumed following recent developments. Q: What is the outlook for the aerospace and automotive markets in the coming year? A: Gautam Singhania, Executive Chairman: The aerospace market is recovering well, with Boeing resuming production. The automotive market is mixed, with stronger performance in India compared to overseas. Despite geopolitical challenges, the overall outlook remains positive. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
15-05-2025
- Business
- Time of India
Raymond shares hit 5% upper circuit after Dalal Street prices in realty demerger
Shares of Raymond Ltd hit the 5% upper circuit at Rs 584.25 on the BSE Thursday, gaining sharply after the company concluded the demerger of its real estate arm, Raymond Realty , as part of a broader strategy to unlock value through standalone verticals. The surge follows the completion of the demerger on May 1 and the record date on Wednesday, May 14, which determined eligible shareholders who will receive one share in Raymond Realty for every share held in Raymond Ltd. The newly carved-out entity is expected to list separately on the NSE and BSE by the September quarter of FY26. 'We are delighted to announce the successful demerger… This strategic move emphasizes our commitment to drive sustainable growth via pure play business,' said Chairman and Managing Director Gautam Hari Singhania. Realty arm steps out with strong metrics Raymond Realty, which has built a growing footprint in the Mumbai Metropolitan Region , exits the Raymond Ltd umbrella with a net cash surplus of Rs 399 crore. In the March quarter (Q4FY25), the business posted revenue of Rs 766 crore, up 13% year-on-year, and an EBITDA of Rs 194 crore with a margin of 25.3%. Despite no new project launches in the quarter, Raymond Realty posted a healthy booking value of Rs 636 crore, led by demand for projects like The Address by GS 2.0, Invictus, and Park Avenue – High Street Retail in Thane, as well as The Address by GS in Bandra. The realty unit is aggressively expanding its presence in the Mumbai Metropolitan Region through joint development agreements. In Q4FY25, it signed new JDAs in Mahim and Wadala, adding Rs 6,800 crore to its potential gross development value. 'With these additions the total potential revenue from our current Real Estate Business is now close to Rs 40,000 crore, which includes Rs 25,000 crore from our Thane Land parcel and Rs 14,000 crore from JDA led model,' the company said. The listing of Raymond Realty will allow shareholders to directly participate in the real estate business while Raymond Ltd continues to operate its engineering and other legacy businesses. The demerger mirrors the September 2024 spin-off of Raymond group's lifestyle unit and is part of a wider effort to restructure the conglomerate into focused, independently run verticals. Also read | Inside Raymond's realty demerger: 7 things to know about the real estate arm as it goes solo ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
