Raymond Realty posted robust financial results for the quarter, with Total Income surging 37% YoY to ₹536 Cr. EBITDA saw a substantial 71% jump, reaching ₹70 Cr, and margins improved to 13%. Pre-sales significantly grew by 129% YoY to ₹700 Cr, fueled by strong demand across existing and new projects. Customer collections also increased by 47% YoY to ₹550 Cr, reflecting solid financial discipline.
The company's strategy focuses on "Twin Engine Growth," balancing projects on its own land and through Joint Development Agreements (JDAs). Its Gross Development Value (GDV) has reached ₹52,000 Cr, with a balanced portfolio across Thane and the Mumbai Metropolitan Region (MMR). This approach supports rapid scaling and market penetration.
Raymond Realty has a track record of early project delivery, exemplifying operational efficiency. It has also successfully expanded into the premium housing segment, strengthening its brand presence.
Looking ahead to FY27, management projects approximately 20% growth in both pre-sales and revenue. They aim for a Return on Capital Employed (ROCE) around 20% and EBITDA margins in the 17-19% range.