|
16 Jul 2025 |
Raymond
|
Consensus Share Price Target
|
696.55 |
3905.00 |
- |
460.62 |
buy
|
|
|
|
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07 Aug 2024
|
Raymond
|
Motilal Oswal
|
696.55
|
2310.00
|
1930.50
(-63.92%)
|
231.63 |
Buy
|
|
|
Raymond’s revenue doubled YoY to INR9.4b, led by strong performance in the real estate segment and the contribution from Maini Precision Products (MPPL), which was acquired on Mar’24.
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|
29 Nov 2023
|
Raymond
|
SBI Securities
|
696.55
|
1762.00
|
1541.65
(-54.82%)
|
Target met |
Buy
|
|
|
|
|
03 Sep 2023
|
Raymond
|
Motilal Oswal
|
696.55
|
2600.00
|
2025.30
(-65.61%)
|
Target met |
Buy
|
|
|
|
|
20 May 2022
|
Raymond
|
Arihant Capital
|
696.55
|
1362.00
|
889.30
(-21.67%)
|
Target met |
Buy
|
|
|
|
|
16 May 2022
|
Raymond
|
Arihant Capital
|
696.55
|
1365.00
|
879.60
(-20.81%)
|
Target met |
Buy
|
|
|
|
|
27 Jan 2022
|
Raymond
|
LKP Securities
|
696.55
|
1168.00
|
775.05
(-10.13%)
|
Target met |
Buy
|
|
|
Raymond consolidated its Engineering business in this quarter which saw growth of c.28% yoy in topline mainly driven by export markets of US, Europe, Asia & Africa. The Real Estate business has year by a huge margin which inturn will reflect on the bottomline. We believe the company is...
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|
22 Dec 2021
|
Raymond
|
LKP Securities
|
696.55
|
819.00
|
618.90
(12.55%)
|
Target met |
Buy
|
|
|
Raymond has bounced back strongly with revival of the economy and increasing demand from its consumers led by the onset of wedding season and adoption of hybrid working culture. Also, cost control and store rationalization measures taken were fruitful leading to higher operational margins, positive cash flows and substantial reduction in debt. Each of the businesses has performed well posting positive to higher margins in Q2FY22. To further unlock value from each of the business segments, the management has recently announced a new initiatives of restructuring. Under this new initiatives, the company has consolidated its Engineering business comprising of Tools & Hardware and Auto Components into JK Files Ltd, is subsidiarising its Real...
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|
28 Oct 2021
|
Raymond
|
LKP Securities
|
696.55
|
641.00
|
500.80
(39.09%)
|
Target met |
Buy
|
|
|
With gradual opening up of the economy, increased vaccination and upcoming festive demand & wedding season, Raymond witnessed a strong recovery in demand for its B2C business. Revenue almost doubled both sequentially and on YOY basis to reach 1,551 crores (c.87% qoq and 130% yoy growth). Despite rising cost inflation, the company was able to earn higher EBITDA...
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31 Jul 2021
|
Raymond
|
LKP Securities
|
696.55
|
537.00
|
443.55
(57.04%)
|
Target met |
Buy
|
|
|
Raymond witnessed a strong performance on a yoy basis owing to multiple measures taken during the previous year and also due to a lower base effect. However, sequential growth was impacted due to the onset of 2nd covid wave beginning from April and seasonality. The quarter witnessed localized lockdowns in the form of restricted hours of operations during weekdays,...
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|
13 May 2021
|
Raymond
|
LKP Securities
|
696.55
|
537.00
|
359.50
(93.76%)
|
Target met |
Buy
|
|
|
Inherent Value far higher than present MCAP Robust Performance from Textile Business Auto Parts & Engineering reports a stellar show...
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31 Dec 2020
|
Raymond
|
LKP Securities
|
696.55
|
485.00
|
346.90
(100.79%)
|
Target met |
Buy
|
|
|
Raymond is the #1 player in the Branded Textile Segment and a leading player in Branded Apparel Segment with a nationwide retail presence. The company is constantly adding new and innovative products along with the launch of new segments such as Ethnic wear, Style Me and...
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12 Nov 2020
|
Raymond
|
LKP Securities
|
696.55
|
485.00
|
300.10
(132.11%)
|
Target met |
Buy
|
|
|
Raymond reported a sequential growth in revenues led by Engineering and Real Estate business, however, Textile business remained subdued. In the textile business, the company witnessed sequential improvement in demand across the country since September and expects the momentum to continue going forward. Raymond registered a yoy revenue de-growth of c. 64% with EBIDTA loss of around 110 crores. The company has successfully cushioned the fall in profitability through ongoing cost optimization measures, leading to cost saving of 278 crores i.e. 48% cost reduction yoy. Raymond has reopened c.99% of its stores across India and is experiencing demand recovery in the range of c.50% to 70% amongst the channels. Garmenting and Engineering business has...
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|
29 Sep 2020
|
Raymond
|
LKP Securities
|
696.55
|
|
291.50
(138.95%)
|
|
|
|
|
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17 Jul 2020
|
Raymond
|
Karvy
|
696.55
|
275.00
|
252.45
(175.92%)
|
Target met |
Hold
|
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|
Valuation and Risks: The nature of products across the textile industry being very personal discretionaryspends, we factor in a significant dip in the P&L; for the fiscal.
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30 Jan 2020
|
Raymond
|
Karvy
|
696.55
|
739.00
|
634.55
(9.77%)
|
|
Hold
|
|
|
Consumption Slowdown Impacts Growth: The core textile business continues to be impacted by the low consumption withbranded textiles posting muted topline growth despite price hikes and the channelsales in the apparel division witnessed significant discounting.
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11 Nov 2019
|
Raymond
|
Karvy
|
696.55
|
850.00
|
742.00
(-6.13%)
|
|
Hold
|
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The board of Raymond on Nov 7, 2019 approved the preferential share allotment to the promoter group
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30 Oct 2019
|
Raymond
|
Karvy
|
696.55
|
635.00
|
597.85
(16.51%)
|
Target met |
Hold
|
|
|
Branded apparels and garmenting division saw revenue growth of 9 percent and 6 percent aided by sales through large format stores, MBOs (apparels) and Japan sales(garmenting division).
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|
21 Aug 2019
|
Raymond
|
Karvy
|
696.55
|
637.00
|
587.25
(18.61%)
|
Target met |
Hold
|
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Margins Weighed Down on the Back of Domestic Factors: Revenues grew by 14% (9% excluding real estate) in Q1FY20, but margins were lower at 7.1% (6.7% excluding real estate) on account of adverse product mix, impact of higher wool prices, and lower overall consumer demand.
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14 May 2019
|
Raymond
|
Karvy
|
696.55
|
863.00
|
819.35
(-14.99%)
|
|
Hold
|
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|
Raymond Ltd. exceeded guidance expectations for the last 2 fiscals (Revenue and EBITDA growth of 11% and 28% CAGR over FY17-19). With minimal capex and no large expenditure required for the commencement of the real estate project, management expects the company to be FCF positive in FY20E.
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03 May 2019
|
Raymond
|
Emkay
|
696.55
|
1000.00
|
760.00
(-8.35%)
|
|
Buy
|
|
|
In Q4FY19, Raymond reported an 11% growth in sales, broadly in line with our estimates, mainly driven by growth in Apparel (21% yoy). Growth in Textiles was slower at 4%, while the Shirting and Garmenting segments grew moderately at 7% and 5%, respectively. EBITDA stood at Rs1,669mn, up 11% yoy but lower than our estimates by 7%. Margins, however, were flat. There was a 360bps negative impact on Textiles due to higher input...
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