Author: Aadarsh Patel | EQMint
What’s the deal? Raymond Limited climbed 4.43% to ₹773.65 on September 7, touching a fresh 52-week high of ₹789.60 as investors continued to revalue the company after its demerger. The stock has recovered 146.8% from its 52-week low of ₹320 and is now close to its adjusted historical peak of ₹793.33.
Why now? Raymond is increasingly being viewed as a focused engineering and precision-manufacturing company following the separation of its lifestyle and real-estate businesses. Its aerospace, defence, automotive components and precision-technology operations are now receiving greater attention from the market.
What it means. The company’s engineering business is becoming the centre of the growth story. Q1 FY2027 total income rose 13% year on year to ₹628 crore, while EBITDA increased 14% to ₹100 crore, taking the EBITDA margin to 15.9%. Aerospace and defence revenue jumped 40.4% to ₹123 crore, with EBITDA reaching ₹26 crore.
By the numbers. Raymond’s engineering order book exceeds ₹5,960 crore, backed by an additional ₹1,632 crore request-for-quotation pipeline. The company serves customers across more than 60 countries, with exports contributing over half of its engineering business.
What’s next? Capacity expansion, progress at the Andhra Pradesh facility and mass production of precision defence components could drive the next phase. The acquisition of Maini Precision Products has also expanded Raymond’s exposure to aerospace, defence and electric-vehicle components, including sophisticated subsystems, aero-engine modules and precision assemblies.
EQMint Take: Raymond’s market story has changed sharply after the demerger. The stock is approaching its adjusted historical peak while the engineering business carries a ₹5,960+ crore order book. The next test is execution: converting that order visibility into sustained revenue and margin growth.
Disclaimer: This article is not an investment advice and is for educational purpose only.
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