Q3 2025 Raymond Ltd Earnings Call Transcript
Key Points
- Raymond Ltd (BOM:500330) reported a strong revenue growth of 36% year-on-year in Q3 FY25, reaching 985 crore.
- The company achieved a significant increase in profit after tax from continuing operations, up by 71% compared to the previous year.
- The real estate segment showed robust performance with a booking value of 505 crore, driven by high demand in Thane and Bangalore.
- Raymond Ltd remains net debt-free with a net cash surplus of 696 crore, indicating strong financial health.
- The demerger of the real estate business is on track, with approvals received from creditors and shareholders, aiming for listing as a separate entity in the next 6 to 7 months.
- The engineering segment faced challenges in the export markets due to a slowdown in the European auto market and the Red Sea crisis.
- EBITA margin in the engineering business decreased to 12.12% in Q3 FY25 from 13.8% in the previous year, due to changes in product mix.
- The aerospace business experienced delays in orders due to production issues faced by a major aircraft manufacturer.
- The auto component sector showed recent softness, which may impact growth in the near term.
- Despite strong performance, the company faces mixed signals in the real estate market, with media reports suggesting potential slowdowns.
Ladies and gentlemen, good day. And welcome to Raymond Limited Q3 FY25 earnings conference call hosted by Antique Stock broking Limited. (Operator instructions)
I now hand the conference over to Mr. Biplab Debbarma from Antique Stock Broking.
Thank you. On behalf of Antique Stock Broking, I would like to welcome all the participants in the Q2 FY '25 conference call of Raymond Limited. Today we have with us from senior management of Raymond, Mr. SL Pokharna, who is President corporate commercial, Mr. Amit Agarwal Group, CFO, Mr. Harmohan Sani, executive director and CEO of realty Business and Mr. Sunny Desa, head investor relations.
Without taking further time. I would like to hand over the call to Mr. Agarwal over to you.
Thank you, Biplab. Good evening everyone. Thank you for joining us today for our third quarter, fiscal '25 results conference call at the outset. I would like to wish
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
