RAYMOND REALTY LIMITED

During the earnings conference call for Q1 FY27, management reported strong operational momentum and financial performance for Raymond Realty Limited. The company achieved a booking value of INR 700 crores, reflecting a 129% year-on-year growth, and customer collections reached INR 550 crores, a 47% increase from the previous year. Total income for the quarter was INR 536 crores, up 37% year-on-year, with EBITDA rising 70% to INR 70 crores. Management highlighted a healthy debt-to-equity ratio of 0.7x and a liquidity buffer of INR 271 crores. The company’s gross development value (GDV) stands at INR 52,000 crores, with a significant portion coming from joint development agreements (JDAs). Management set a goal of achieving a presales growth of over 20% year-on-year and an EBITDA margin between 17% and 19% for FY27. The call concluded with management expressing confidence in maintaining operational excellence and financial discipline.

Management emphasized strong growth and operational momentum in the quarter.