Raymond Realty

Ten X Realty West, a material wholly owned subsidiary of Raymond Realty, executed an investment agreement on 26 October with Raymond Realty and ICICI Prudential Real Estate Development Fund, represented by ICICI Prudential Asset Management, for an investment of up to Rs210 crore in the subsidiary. The investment was earmarked to facilitate redevelopment of one of its projects in the Mumbai Metropolitan Region, with no securities issued at signing. Ten X Realty West carried a CARE A- rating with stable outlook on bank facilities of Rs1,000 crore, within Rs3,230 crore of rated facilities. The company reported total income of Rs3,039 crore in the year to March, alongside first-half pre-sales of Rs1,602 crore and collections of Rs1,233 crore. Gross borrowings stood at Rs1,220 crore with net debt of Rs914 crore and liquidity of Rs306 crore, against a portfolio gross development value of about Rs52,000 crore across owned Thane land and eight joint development projects.

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Raymond Realty said its wholly owned subsidiary Ten X Realty West would raise Rs210 crore from ICICI Prudential Real Estate Development Fund, a Category II alternative investment fund managed by ICICI Prudential AMC. Raymond Realty and the fund would jointly invest in the subsidiary under definitive documents to undertake redevelopment of a project in the Mumbai Metropolitan Region. Ten X Realty West carried a CARE A- rating with a stable outlook on Rs1,000 crore of bank facilities. The group portfolio stood at about Rs52,000 crore of gross development value, with about Rs27,000 crore across eight joint development projects. Gross borrowings were Rs1,220 crore with net debt of Rs914 crore at the October operational update.

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** Shares of India's Raymond Realty RAYO.NS rise 2.9% to 667.15 rupees
** Stock on track to snap four session of losses

** Real estate co says pre-sales nearly doubled to 9.02 billion rupees ($93.69 million) in Q2FY27; up 98% year-on-year
** Says collections rose 67% year-on-year to 6.82 billion rupees

** RAYO says guidance of ~20% growth in pre-sales, ROCE of ~20%, EBITDA margin of 17–19% and PAT margin of 9–10% for FY27 remains on track

** Co expects growth to accelerate in next two quarters backed by new projects in Mumbai, worth over 41 billion rupees

** Stock up 29.87% YTD

($1 = 96.2700 Indian rupees)

(Reporting by Anushka Rajvedi in Bengaluru)

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Raymond Realty's board approved a preferential issue of 66.57 lakh convertible warrants to J K Investors (Bombay) Limited, a promoter-group entity, at ₹614 each to raise about ₹409 crore. Each warrant can be converted into one equity share within 18 months, subject to shareholder and regulatory approvals, while unconverted warrants will lapse and the upfront payment will be forfeited. The company's authorised share capital would rise from ₹70 crore to ₹75 crore to accommodate the issue. Raymond Realty reported FY26 revenue of ₹2,991 crore and latest-quarter bookings of ₹700 crore, while net debt stood at ₹824 crore.

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Raymond Realty’s board approved a preferential issue of 66,57,373 convertible warrants to J K Investors (Bombay) Limited, a promoter-group entity, at ₹614 each to raise up to about ₹409 crore, subject to shareholder and regulatory approvals. Each warrant would convert into one equity share within 18 months, while unconverted warrants would lapse and the upfront consideration would be forfeited. The board also approved raising authorised share capital from ₹70 crore to ₹75 crore to accommodate the issue. Raymond Realty reported FY26 revenue from operations of ₹2,991 crore and net debt of ₹824 crore. In the June quarter, bookings reached ₹700 crore, with 64% coming from joint-development projects.

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Sept 11 (Reuters) - Raymond Realty Ltd RAYO.NS:

• APPROVES FUND RAISE VIA ISSUANCE OF CONVERTIBLE WARRANTS FOR 4.09 BILLION RUPEES

Further company coverage: RAYO.NS

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Raymond Realty's board was scheduled to meet on September 11, 2026, to consider a proposal to raise funds. The proposed instruments included equity shares, convertible securities or warrants, through a rights issue, preferential allotment or another permitted route. The trading window for selected designated persons and their immediate relatives had been closed from August 21 to September 13. The company had reported FY26 audited revenue of ₹3,039 crore, while net debt stood at ₹824 crore and gross debt at about ₹1,095 crore in the latest reported period.

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Raymond Realty scheduled a physical one-on-one meeting with Axis Mutual Fund for 7 September 2026. The meeting was to use the investor presentation made available on 19 August. Raymond Realty’s reported business was focused on Mumbai-MMR residential projects, using owned Thane land and joint development agreements. In the first quarter of FY27, it recorded booking value of ₹700 crore and collections of ₹550 crore.

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Raymond Realty scheduled one-on-one meetings with Equirius Capital, Old Bridge Mutual Fund and Ambit Asset Management for August 24, 2026. The meetings were to be held in person, using the company’s August 19 investor presentation as discussion material. Raymond Realty’s Q1 FY27 booking value was ₹700 crore and collections were ₹550 crore, with 64% of bookings coming from joint development agreements. Consolidated revenue from operations was ₹2,991 crore in FY26, while net debt stood at ₹824 crore in the latest reported period.

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Aug 7 (Reuters) - Raymond Realty Ltd RAYO.NS:

• RAYMOND REALTY LTD JUNE-QUARTER CONSOL PROFIT 134.3 MILLION RUPEES

• RAYMOND REALTY LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 5.27 BILLION RUPEES

Source text: [ID:]

Further company coverage: RAYO.NS

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Raymond Realty announced on July 15 that it has signed a joint development agreement to build a premium residential project in Parel, Mumbai, with an estimated gross development value of approximately ₹8,500 crore. The large-scale project is the company's maiden entry into South Mumbai and its largest development outside its flagship Thane land parcel. It marks Raymond Realty's eighth joint development in the city, taking its total real estate portfolio GDV to about ₹52,000 crore. Chairman Gautam Hari Singhania said the asset-light, partnership-led deal underscores the company's confidence in Mumbai's growth story, while Managing Director Harmohan Sahni highlighted the strategic expansion into the city's premium residential market. The site benefits from proximity to the Atal Setu, the upcoming Sewri-Worli Elevated Connector, and Metro Line 11.

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July 15 (Reuters) - Raymond Realty Ltd RAYO.NS:

• RAYMOND REALTY - ANNOUNCES 8TH MAJOR JOINT DEVELOPMENT PROJECT IN MUMBAI

• RAYMOND REALTY - PROJECT CARRIES ESTIMATED GDV OF 85 BILLION RUPEES

Source text: ID:nBSE7kfy7n

Further company coverage: RAYO.NS

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Raymond Realty reported provisional Q1 FY27 pre-sales of ₹700 crore, a 129% increase from ₹306 crore in the year-ago quarter. Collections rose 47% to ₹550 crore. The strong performance was achieved without any new residential project launches during the quarter, highlighting sustained demand for its premium offerings. Total borrowings stood at ₹1,097 crore as of 30 June 2026, with net debt of ₹827 crore, while the company reiterated its EBITDA margin guidance of 17-19% for the fiscal year.

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** Shares of Raymond Realty RAYO.NS rise 7% to 677.35 rupees

** Co says Q1 pre-sales surged 129% YoY a year earlier, collections rise 47% YoY

** More than 991,292 shares traded so far vs 30-day avg of 667,484 shares

** Upto last close, stock up about 30% YTD

(Reporting by Payel Das in Bengaluru)

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June 3 (Reuters) - Capacite Infraprojects Ltd CAPE.NS:

• GETS LETTER OF INTENT WORTH 5.89 BILLION RUPEES FROM TEN X REALTY

Source text: ID:nBSE1t58DW

Further company coverage: CAPE.NS

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May 6 (Reuters) - Raymond Realty Ltd RAYO.NS:

• RAYMOND REALTY LTD - RECOMMENDS DIVIDEND OF 2 RUPEES PER SHARE

Source text: ID:nNSE6yj9H1

Further company coverage: RAYO.NS

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May 5 (Reuters) - Raymond Realty Ltd RAYO.NS:

• MARCH-QUARTER CONSOL PROFIT 1.61 BILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 11.57 BILLION RUPEES

• DIVIDEND OF 2 RUPEES PER SHARE

Source text: ID:nBSE1jQknp

Further company coverage: RAYO.NS

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April 2 (Reuters) - Raymond Realty Ltd RAYO.NS:

• Q4FY26 PRE-SALES AT 15.19 BILLION RUPEES

Source text: ID:nBSE40PFPc

Further company coverage: RAYO.NS

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March 12 (Reuters) - Raymond Realty Ltd RAYO.NS:

• ANNOUNCES TEN X DISTRICT 9 RESIDENTIAL DEVELOPMENT IN THANE

• TEN X DISTRICT 9 PROJECT HAS ESTIMATED REVENUE POTENTIAL OF 20 BILLION RUPEES

Source text: ID:nBSE40Jj8

Further company coverage: RAYO.NS

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** Shares of real estate co Raymond Realty RAYO.NS rise as much as nearly 2% to 387 rupees, last down 0.5%

** Co signs definitive documents for residential project in Kandivali, Mumbai

** Project estimated to have gross development value (GDV) of 30 billion rupees ($325.18 million)

** More than 181,698 shares change hand by 12.03 pm IST vs 30-day avg of 271,138 shares

** YTD, RAYO down 28%

($1 = 92.2575 Indian rupees)

(Reporting by Komal Salecha in Bengaluru)

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Jan 27 (Reuters) - Raymond Realty Ltd RAYO.NS:

• DEC-QUARTER CONSOL PROFIT 667.9 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 7.58 BILLION RUPEES

Further company coverage: RAYO.NS

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Oct 28 (Reuters) - Raymond Realty Ltd RAYO.NS:

• RAYMOND REALTY LTD SEPT-QUARTER CONSOL PROFIT 601.8 MILLION RUPEES

• RAYMOND REALTY LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 6.97 BILLION RUPEES

Source text: ID:nBSE2JrYsB

Further company coverage: RAYO.NS

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Oct 27 (Reuters) - Indian aerospace and auto components supplier Raymond RYMD.NS reported a 20% fall in quarterly profit on Monday, as rising expenses outpaced revenue growth in its second earnings report since spinning off its realty and apparel businesses.

The firm said its profit from continuing operations before exceptional items and taxes fell to 1.93 billion rupees ($21.96 million) in the quarter ended September 30 from 2.41 billion rupees a year ago.

Raymond's overall expenses rose 11.6%, driven by increases in employee benefits and finance costs, despite a marginal decline in raw material costs.

The company's revenue from operations rose 11.4% to 5.28 billion rupees for the quarter, led by growth in its aerospace and defence business and auto components segment.

Analysts expect the aerospace business to benefit from global supply chain shifts and the company's strong ties with original equipment manufacturers. Global aerospace suppliers are enjoying robust demand for parts, benefiting from planemakers ramping up production to meet booming demand for new jets.

However, the company said it was cautious in its outlook for the aerospace and defence business outlook due to pressures such as U.S. tariffs that have caused scheduling delays.

Raymond approved the demerger of its realty business, Raymond Realty RAYO.NS, in May, its second spinoff since the listing of its apparel business, Raymond Lifestyle RAYL.NS, last September. The group has split its business to attract more investors and help the carved-out entities access more capital.

Shares of Raymond have risen around 7.1% since the demerger announcement on May 14. They closed 2.5% higher on Monday.

($1 = 87.8950 Indian rupees)

(Reporting by Urvi Dugar in Bengaluru; Editing by Leroy Leo)

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** India's Raymond Realty RAYO.NS falls 6.21% to 679.7 rupees after Q1 results

** Stock set for worst day since listing after demerger from Raymond RYMD.NS on July 1

** Raymond Realty's Q1 net profit slumps 52%, while revenue falls 23%

** Core profit margin contracts to 10.5% from 13.5%

** RAYO says performance reflects sales moderation due to limited unsold inventory in its matured real estate projects

** Adds, second half of the year will see improved performance due to planned new launches

** RAYO down 32% from its list price on July 1

(Reporting by Ananta Agarwal in Bengaluru)

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