**Updates:**
Raymond Limited has posted a robust performance for the third quarter, reporting consolidated revenue of ₹985 crore, reflecting a year-on-year growth of 36%. The EBITDA stood at ₹169 crore, which is a 33% increase, leading to an EBITDA margin of 17.2%. The real estate segment generated ₹488 crore in revenue, achieving an 11% YoY increase, while the engineering business contributed ₹433 crore, including revenues from the Maini Precision Products Limited (MPPL) acquisition. Despite challenges in export markets affecting the engineering division, Raymond remains a net cash surplus company with ₹696 crore available for investment in growth opportunities. The release highlights optimistic trends in both the real estate and engineering sectors, particularly with the successful launch of new projects in Thane. Overall, Raymond's strategic focus continues to drive positive outcomes, and investors should watch closely for further developments.
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**Investor Presentation Summary:**
1. **Financial Highlights:** For Q3 FY25, Raymond reported consolidated revenue of ₹985 crore (+36% YoY) and EBITDA of ₹169 crore (+33% YoY), with an EBITDA margin of 17.2%. Year-to-date revenue increased by 76% to ₹3,084 crore.
2. **Strategic Initiatives and Growth Drivers:** The integration of MPPL into its engineering segment enhances Raymond's capabilities in aerospace, automotive, and precision engineering, targeting high-growth markets.
3. **Business Developments:** Successful launch of a new residential tower in Thane and high street retail projects are driving growth in the real estate sector, with total potential revenue exceeding ₹32,000 crore.
4. **Market Position and Competitive Advantage:** Raymond is positioned among the top 10 real estate players in India, known for efficiently delivering projects, increasing customer trust and enhancing brand value.
5. **Investor Implications:** The strong quarterly results indicate a positive outlook for both segments. Continuous investment in growth and expansion opportunities positions Raymond advantageously for future earnings growth. Investors may find potential in the company's strategic focus on real estate and engineering.
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**Company Announcement Summary:**
Raymond Limited's Board has approved the unaudited financial results for Q3 FY25, highlighting a revenue of ₹985 crore and an EBITDA of ₹169 crore. The results reflect a solid year-on-year growth, fueled by strong performance in the real estate and engineering segments, particularly following the acquisition of MPPL. The company reported a net cash position of ₹696 crore, reinforcing its capacity for future investments and growth strategies. Overall, this announcement underscores a positive trajectory for Raymond's operations and financial health.