Raymond share price today

Raymond Ltd's share price was ₹1,150.10 at the close on 4 November 2026. It has been rising for 21 weeks. That is 60.9% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹343 and ₹1,197, and at that close it sat 94% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Raymond Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 36 weeks in a row.

Over the last 11 years the share price moved +1,254% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: profit grew again in the September 2026 quarter, foreign funds (FIIs) cut their stake for 6 quarters in a row and revenue up on a year earlier for 7 quarters in a row.

1. Profit grew again in the September 2026 quarter

   Profit was ₹32 crore, +128.6% on a year earlier (₹14 crore), after 8 quarters of decline.

   Why: Profit rose because aerospace shipped more parts and precision sales grew with better margins.

   Next results: check if higher sales lift margins, since fast growth brings heavier spending that can hold them back.

   From the earnings call on 28 Oct 2026.

2. Foreign funds (FIIs) cut their stake for 6 quarters in a row

   From 15.6% to 7.2% of the company by the September 2026 quarter.

3. Revenue up on a year earlier for 7 quarters in a row

   In the September 2026 quarter revenue was ₹655 crore, +24.1% on a year earlier.

   Why: Revenue rose because aerospace shipped more parts and precision sales grew.

   Next results: check whether the interim brownfield plant starts production this fiscal year, which management says supports near-term sales.

   From the earnings call on 28 Oct 2026.

For July to September 2026 (the quarter ended 30 September 2026), Raymond reported revenue of ₹655 crore, up 24.1% from ₹528 crore a year earlier, and a profit of ₹32.0 crore, up 128.6% from ₹14.0 crore.

Raymond results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Raymond's management discussed these results on a call held on 28 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Raymond closed at ₹1,150.10 on 4 November 2026, up 106.5% from ₹557.05 a year earlier (7 November 2025) and up 959.6% over five years. Its highest weekly close since March 2016 was ₹1,197.20 on 1 October 2026.

Raymond share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

563 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Raymond closed at ₹1,150.10, up 4.5% on the week and down 3.9% on the month. 28 Oct 2026: Raymond held its results call for July to September 2026. Management guided: Aerospace growth commitment in high mid-20s despite strong first half pace.

Earlier

• Results for July to September 2026: Revenue up 24.1% and profit up 128.6% on a year earlier.

Raymond paid no dividend in the 12 months to 5 November 2026. The last was a dividend of ₹10 a share, ex-date 13 June 2024.

Raymond dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Not in its latest year. Raymond Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 9 of its last 13 reported years, so there is a history but no current dividend.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 28 October 2026, Raymond's management guided: Aerospace growth commitment in high mid-20s despite strong first half pace.

“However, our commitment to the market will be in the high mid-20s. We are not going to commit to you that we will achieve 40%.”Gautam Maini, on the call for July to September 2026

What management guided

• Bangalore aerospace ceiling ₹700 crore to ₹750 crore after debottlenecking versus ₹600 crore to ₹650 crore indicated earlier.
• Andhra mega greenfield output from October to December 2027 clarified as December 2027 on schedule.
• Interim brownfield to start production in current fiscal year supporting near-term volumes.
• Nozzle guide vane yearly capacity 8,000 to 16,000 units with 45-day run-in and revenue from Q4.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 28 October 2026.

When Raymond reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Interim brownfield conversion from trial runs to serial volumes at flagged timing, showing training-ground effectiveness.

Raymond is on one of our India lists: Momentum stocks.

Raymond Ltd earned ₹32.0 Cr of net profit in the Sep 2026 quarter, +128.6% on the same quarter a year earlier. Full-year FY26 profit was ₹5,361 Cr. Over 10 years profit has grown 51.2% a year on average. That is 4.9% of the quarter's revenue. The same quarter a year earlier earned ₹14.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹5,361 Cr (−29.8% on the year before).

Why profit moved: revenue changed +24.1% on a year earlier and the margin moved +3.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed −38.1% and revenue +16.9%. Profit is growing slower than sales: rising costs are taking part of the growth.

Raymond Ltd reported ₹655 Cr of revenue in the Sep 2026 quarter, +24.1% on the same quarter a year earlier. That is the 7th quarter in a row with growth on the year before. Over 10 years it has grown −8.2% a year on average. The last full year, FY26, came in at ₹2,212 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹2,421 Cr.

FY26 revenue was ₹2,212 Cr, +13.6% on the year before.

Recent pace: the last four quarters grew +16.9% on average, against −8.2% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +16.7%, against +13.8% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −98.5%, against −89.8% a year (rolling over).

Raymond Ltd's operating margin was 11.0% in the Sep 2026 quarter, 3.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between −1.7% and 15.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +3.3 percentage points on the year while gross margin changed −0.3 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 6% of Raymond Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹42.0 Cr of operating cash against ₹5,361 Cr of profit. After −₹67.0 Cr of spending on assets, ₹109 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: it has been selling more assets than it buys. The next section shows those figures.

Raymond Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹2,212 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. Over the last 3 years it sold more assets than it bought, by ₹50.0 Cr.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Over the last 3 years, money from selling assets was ₹50.0 Cr more than it spent on new ones. Work still in progress is ₹39.0 Cr (FY26).

In short: assets are being sold, not built, so this cash is not going into new capacity.

Raymond Ltd's P/E is 144.3×, about the highest it has ever been. Its usual P/E (the middle reading) is 6.9×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹7.22.