Raymond Lifestyle Ltd
Incorporated in 2024, Raymond Lifestyle
Ltd offers fashion products and services
with branded textile, apparel brands across formal casual and ethnic wear[1]
- Market Cap ₹ 7,392 Cr.
- Current Price ₹ 1,213
- High / Low ₹ 2,305 / 860
- Stock P/E 128
- Book Value ₹ 1,567
- Dividend Yield 0.00 %
- ROCE 2.10 %
- ROE 0.50 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.77 times its book value
- Promoter holding has increased by 1.01% over last quarter.
Cons
- Company has low interest coverage ratio.
- Earnings include an other income of Rs.149 Cr.
- Debtor days have increased from 42.3 to 51.0 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 411 | 522 | 130 | 5,074 | 4,681 | 5,046 | |
| 403 | 489 | 95 | 4,344 | 4,313 | 4,632 | |
| Operating Profit | 7 | 32 | 35 | 729 | 368 | 414 |
| OPM % | 2% | 6% | 27% | 14% | 8% | 8% |
| 2 | -4 | 15 | 2,316 | 67 | 149 | |
| Interest | 2 | 1 | 1 | 171 | 183 | 199 |
| Depreciation | 10 | 9 | 4 | 188 | 257 | 286 |
| Profit before tax | -2 | 18 | 44 | 2,686 | -5 | 78 |
| Tax % | -22% | 22% | 18% | 5% | 86% | |
| -2 | 14 | 36 | 2,557 | -9 | 52 | |
| EPS in Rs | -1.48 | 8.58 | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 108% |
| TTM: | 3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 37% |
| TTM: | -80% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -45% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 2 | 12 | 12 |
| Reserves | 89 | 104 | 138 | 9,596 | 9,466 | 9,534 |
| 0 | 0 | 0 | 1,345 | 1,948 | 2,096 | |
| 178 | 192 | 173 | 1,514 | 1,608 | 1,709 | |
| Total Liabilities | 270 | 298 | 314 | 12,457 | 13,034 | 13,351 |
| 33 | 26 | 15 | 6,239 | 6,524 | 6,527 | |
| CWIP | 0 | 0 | 0 | 45 | 73 | 42 |
| Investments | 0 | 0 | 0 | 2,072 | 2,137 | 2,207 |
| 237 | 272 | 299 | 4,101 | 4,300 | 4,574 | |
| Total Assets | 270 | 298 | 314 | 12,457 | 13,034 | 13,351 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 11 | 35 | 10 | -21 | 494 | |
| -5 | 13 | -7 | 1,278 | -233 | |
| -3 | -4 | -4 | -1,306 | -61 | |
| Net Cash Flow | 3 | 45 | -1 | -49 | 200 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 82 | 62 | 17 | 58 | 51 |
| Inventory Days | 102 | 91 | 139 | 310 | 321 |
| Days Payable | 152 | 135 | 260 | 244 | 265 |
| Cash Conversion Cycle | 32 | 19 | -103 | 125 | 107 |
| Working Capital Days | 34 | 8 | -36 | 44 | 12 |
| ROCE % | 26% | 26% | 13% | 2% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
6h - Audio recording of Q2 and H1 FY26 investor conference uploaded on Oct 29, 2025.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
11h - Appointed Mr. Shantilal Pokharna as Additional Non-Executive Director effective October 29, 2025 until next AGM.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
15h - Please find attached intimation under Regulation 30 of Listing Regulations.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
17h - Board approved Q2/H1 results (30 Sep 2025): Q2 revenue ₹145,740 lakh; Q2 PAT ₹6,514 lakh; EPS ₹10.69.
-
Board Meeting Outcome for Outcome Of Board Meeting
17h - Approved Q2/H1 results ended 30 Sep 2025: H1 revenue ₹256,298 lakh; H1 profit ₹6,349 lakh.
Annual reports
Concalls
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Oct 2025TranscriptNotesPPT
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Aug 2025Transcript PPT
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May 2025Transcript PPT
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Sep 2024TranscriptNotesPPT
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Aug 2024TranscriptNotesPPT
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Jul 2024TranscriptNotesPPT
Product Profile:[1]
a) Branded textiles:
Company is a B2C brand for Suiting and Shirting fabrics. It has the highest market share in the worsted suiting fabric industry
b) Branded Apparel:
Ready to wear brands like Park Avenue, ColorPlus, Parx, Raymond Ready to Wear (RTW), Ethnix, etc. distributed through retail formats
including Multi-brand outlets (MBOs), Large format stores (LFS) and The Raymond store (TRS)
c) Garmenting:
RLS is a white-labelled integrated manufacturer and exporter of high-value clothing products like suits, jackets, trousers, etc.
d) High Value Cotton Shirting:
Company runs a B2B business as a manufacturer of high value / finest shirting cotton fabrics. The product range includes premium cotton and linen shirting and bottom-weight fabrics