Raymond Realty Q1FY27 Income Up 37% to ₹536 Cr, EBITDA Surges 70% to ₹70 Cr
Raymond Realty reported a 37% YoY increase in Q1 FY27 total income to ₹536 Crore and a 70% YoY surge in EBITDA to ₹70 Crore. The company achieved a booking value of ₹700 Crore, up 129% YoY. Raymond Realty reiterated its FY27 guidance for 20% growth in pre-sales and revenue, and an EBITDA margin of 17%-19%.
The announcement details significant financial performance improvements and strategic growth initiatives, including a large JDA project, which are material to the company's valuation and future prospects.
The company reported strong year-on-year growth in revenue and EBITDA, along with significant increases in booking value and customer collections. Positive future guidance further supports the positive sentiment.
Raymond Realty Limited announced its unaudited financial results for the first quarter ended June 30, 2026. The company reported a total income of ₹536 Crore, a 37% year-on-year increase from ₹392 Crore in Q1 FY26, driven by strong demand and a healthy delivery pipeline.
EBITDA surged by 70% year-on-year to ₹70 Crore in Q1 FY27, compared to ₹41 Crore in Q1 FY26, attributed to an optimized product mix. EBITDA margins stood at 13%, up from 11% in Q1 FY26, in line with expectations. The company reaffirmed its EBITDA margin guidance of 17%-19% for FY27.
Raymond Realty's strategic focus on an asset-light growth model is highlighted by a landmark ₹8,500 Crore Joint Development Agreement (JDA) project in Parel, expanding its presence in South Mumbai. The company's total portfolio now stands at approximately ₹52,000 Crore in Gross Development Value (GDV).
Key operational highlights include a booking value of ₹700 Crore in Q1 FY27, a 129% growth compared to Q1 FY26. Customer collections also saw a significant rise of 47% year-on-year to ₹550 Crore. The company maintained a prudent leverage with a Net Debt of ₹824 Crore and a Debt to Equity ratio of 0.7x.
For FY27, Raymond Realty is targeting approximately 20% growth in pre-sales and revenue, alongside a Return on Capital Employed (ROCE) of around 20%. Mr. Harmohan Sahni, Managing Director & CEO, expressed confidence in the company's disciplined, asset-light JDA strategy and its commitment to delivering long-term shareholder value.
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Raymond Realty Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Raymond Realty Limited. Read the original for the full detail.