Raymond Limited
Incorporated in 1925, Raymond Limited (RL) is one of the leading integrated producers of worsted suiting fabric in the world. It is the flagship company of the Raymond group, a diversified conglomerate having interests in textiles, retailing, auto co...
Key Metrics
EPS
148.62
Current ratio
1.66
Debt/Equity
1.57
Debt/EBITDA
3.15
Interest coverage ratio
0.17
Operating Cashflow to total debt
0.10
Financials
Pros & Cons
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Here's what we like about this company and potential risks we have identified.
Pros
Strong parentage, track record of management, and experience in managing businesses spread over diverse sectors
Dominant position in the worsted suiting fabrics business
Diversified revenue stream with integrated presence across the textile value chain
Widespread distribution network supplemented by asset-light retail strategy
Improvement in the operating performance
Healthy financial risk profile
Liquidity: Strong
Cons
Susceptible to commodity price risk and foreign exchange fluctuation risk
Intense competition from organised and unorganised sector in branded apparel segment
Inherent risk associated with execution of large-scale projects amid cyclical nature of real estate industry
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About Raymond Limited bond.
This comprehensive profile covers key factual information about Raymond Limited. Incorporated in 1925, Raymond Limited (RL) is one of the leading integrated producers of worsted suiting fabric in the world. It is the flagship company of the Raymond group, a diversified conglomerate having interests in textiles, retailing, auto components, engineering files & tools, and real estate, among others. The group has about 19 plants across India. On a standalone basis, RL is mainly engaged in suiting and shirting fabrics with production capacity of approximately 38 million metres per annum and development of real estate. All other businesses are housed largely in wholly-owned subsidiaries. EPS in Mar-2024 was 148.62. Current ratio in Mar-2024 was 1.66. Debt/Equity in Mar-2024 was 1.57. Debt/EBITDA in Mar-2024 was 3.15. Interest coverage ratio in Mar-2024 was 0.17. Operating Cashflow to total debt in Mar-2024 was 0.10. Total revenue for Mar-2025 (E) was ₹12639.14. Net income for Mar-2025 (E) stood at ₹2051.00. Total assets as of Mar-2024 were ₹13,001.36. Operating cash flow for Mar-2024 was ₹533.26. The company’s borrowing relationships include Bank of Maharashtra (₹N/A Cr), (₹N/A Cr). Peers and comparison entities consist of Raymond Limited, Page Industries Limited, Safari Industries (India) Limited, Raymond Lifestyle Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Strong parentage, track record of management, and experience in managing businesses spread over diverse sectors ; Dominant position in the worsted suiting fabrics business ; Diversified revenue stream with integrated presence across the textile value chain; Widespread distribution network supplemented by asset-light retail strategy; Improvement in the operating performance; Healthy financial risk profile; Liquidity: Strong. Key risks include: Susceptible to commodity price risk and foreign exchange fluctuation risk; Intense competition from organised and unorganised sector in branded apparel segment; Inherent risk associated with execution of large-scale projects amid cyclical nature of real estate industry. Leadership team details include Amit Agarwal (Group CFO), Arvind Mathur (CEO - Denim), Ashish Kapadia (Independent Director), Dinesh Kumar Lal (Independent Director), Gautam Hari Singhania (Chairman & Managing Director), Harmohan H Sahni (CEO - Realty), Jatin Khanna (Head), K A Narayan (President - HR), K Narasimha Murthy (Independent Director), Mukeeta Jhaveri (Independent Director), Nawaz Gautam Singhania (Non Executive Director), Rakesh Darji (Company Secretary & Compliance Officer), S L Pokharna (Non Executive Director), Sunil Kataria (CEO - Lifestyle). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.