RAYMOND LTD

During the Q1 FY27 earnings conference call, management reported a total income of INR 628 crores, marking a 13% year-on-year increase, with EBITDA growing by 14% to INR 100 crores. The aerospace and defense sectors were highlighted as key growth drivers, with the aerospace division achieving a 40% revenue increase. Management noted the favorable macroeconomic environment, including the India-U.K. Comprehensive Economic and Trade Agreement, which enhances competitiveness for Indian engineering exports. The company is pursuing a five-year capex plan of INR 1,000 crores, with significant investments in aerospace and automotive sectors. Management emphasized a strong order book of INR 5,960 crores over ten years and expressed confidence in maintaining growth momentum, particularly in the aerospace sector, while also exploring inorganic growth opportunities. The call concluded with management expressing optimism about future performance and strategic initiatives.

Management emphasized strong growth and positive market conditions.