Raymond Realty Limited · NSE:RAYMONDREL
Raymond Realty — Q4 FY26 Earnings Presentation
53 slides from Raymond Realty's earnings presentation, May 5, 2026
Slide 1: Raymond Realty cover letter to stock exchanges
Raymon~ REALTY Co Beyond RAYMOND REALTY LIMITED RRUSE/26-27/11 May 05, 2026 To, The Department of Corporate Services - CRD, National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, 5th Floor, P.J. Towers, Dalal Street, Bandra-Kurla Complex, Mumbai - 400 001. Sandra (East), Mumbai - 400
Slide 2: Results Presentation Q4FY26 & FY26
RESULTS PRESENTATION Q4FY26 & FY26 | May 05, 2026 1
Slide 3: Table of Contents
Table of Contents 1 Highlights 3-5 4 Financials 22-27 2 Business Overview 6-7 5 Management Team 28-32 3 Portfolio Overview 8-21 6 Annexures 33-50
Slide 4: Highlights
| Highlights Raymond re,
Slide 5: Q4FY26 & FY26 Highlights
Q4FY26 & FY26 Highlights Recorded a pre-sales of ₹ 1,519 Cr. in Q4FY26 and ₹ 3,023 Cr. in FY26 - driven by robust demand Pre-Sales across ongoing & newly launched projects Customer Maintained strong financial discipline with collections of ₹ 515 Cr. in Q4FY26 and ₹ 1,725 Cr. in Collections FY26 Tota
Slide 6: Q4FY26 & FY26 Performance Snapshot
Q4FY26 & FY26 Performance Snapshot TOTAL INCOME EBITDA & MARGIN (%) 53% Growth 29% Growth 22% 22% Y-o-Y Y-o-Y 3039 19% 16% 2,351 13% 1,176 495 771 766 437 253 170 100 Q4FY25 Q3FY26 Q4FY26 FY25 FY26 Q4FY25 Q3FY26 Q4FY26 FY25 FY26 PRE SALES CUSTOMER COLLECTIONS 139% Growth 31% Growth 1,887 Y-o-Y Y-o-Y
Slide 7: Business Overview
| Business Overview RAYMON|REALty
Slide 8: Raymond Realty: Journey and Launches
Raymond Realty: Journey and Launches Upcoming New Launches Additional Projects in THANE THANE • The Address by GS - Season 3 - High Street Retail Additional Projects in THANE • Invictus by GS - Tower B - Park Avenue 2 • Ten X Era JDA Projects 1st Project in THANE • The Address by GS - Season 2 2nd J
Slide 9: Portfolio Overview
| Portfolio Overview RAYMON|REALty
Slide 10: Brand Portfolio: Creating Product Brands in a Commoditized Industry
Brand Portfolio: Creating Product Brands in a Commoditized Industry Aspirational Premium Luxury 9
Slide 11: Shape & Size of the Current Portfolio
Shape & Size of the Current Portfolio 100 Acre Thane Land Bank 7 JDA Projects Signed The Address by GS, Bandra Ongoing Invictus by GS, Ongoing BKC Shape & Size of the Launched in H2FY26 Development ~60 Acres The Address by Thane Land (100 GS, Wadala Current Portfolio Launched in H2FY26 Acres) Bank J
Slide 12: Upcoming Infrastructure in Thane
Upcoming Infrastructure in THANE 11
Slide 13: Shape & Size of the Current Portfolio: Thane Land
Shape & Size of the Current Portfolio: THANE LAND OWN LAND in THANE (~100 Acre) with a Potential Revenue of ~ ₹25,000 Cr CURRENT DEVELOPMENT POTENTIAL DEVELOPMENT RERA RERA CARPET AREA CARPET AREA ~6.6 MN SQ.FT . ~4.8 MN SQ.FT . Potential Revenue Potential Revenue ~ ₹ 15,300 Cr ~ ₹ 9,700 Cr DELIVERE
Slide 14: Existing & Upcoming Infrastructure in Bandra & Wadala
Existing & Upcoming Infrastructure in BANDRA & WADALA Chhatrapati Shivaji Maharaj Mumbai Metro Line 2B International Airport Western Express Highway Dhirubhai Ambani (via Bandra) International School Mumbai Metro Line 3 MCA Club (Aqua Line) SCLR (Santacruz - Chembur Asian Heart Institute Link Road)
Slide 15: New Launches in Wadala: The Address by GS
New Launches in Wadala: The Address by GS KEY HIGHLIGHTS: • 8 towers offering premium 2, 3 & 4 BHK apartments – • Exclusive Tower Amenities PROJECT STATUS: • Tower A,B, & C – Launched Total Rera Carpet Area: ~1.4 msf % Sold: ~30% 14
Slide 16: New Launches in Sion: The Address by GS
New Launches in Sion: The Address by GS KEY HIGHLIGHTS: • 5 towers offering premium 2, 3 & 4 BHK apartments – • Exclusive Tower Amenities PROJECT STATUS: • Tower A,B,C,D & E – Launched Total Rera Carpet Area: ~0.4 msf % Sold: ~4% 15
Slide 17: New Launches in Thane: TenX District 9
New Launches in Thane: TenX District 9 KEY HIGHLIGHTS: • 3 towers offering premium 2 BHK apartments – • Exclusive Tower Amenities PROJECT STATUS: • Tower A & B – Launched Total Rera Carpet Area: ~0.8 msf % Sold: ~12% 16
Slide 18: New Launches in Thane: Park Street (Commercial Retail)
New Launches in Thane: Park Street (Commercial Retail) Total Rerra Carpet Area: ~0.05 msf % Sold: ~73% 17
Slide 19: Shape & Size of the Current Portfolio: JDA's
Shape & Size of the Current Portfolio: JDA’s KANDIVALI JDA LED BUSINESS EXPANSION - KANDIVALI ▪ Gross Development Value (GDV) of (Revenue Potential ~ ₹ 3,000 cr) ~₹17,000 Cr ▪ Asset Light Model ▪ APPOINTED Developer for 7 projects across Mumbai The Address by GS - BANDRA (Revenue Potential ~ ₹ 2,000
Slide 20: Future Project Trajectory
Future Project Trajectory Launches planned for the year 2026-27 • 2 New Projects on own land - Thane • 2 New JDA Projects - Mumbai FY25 FY26 22% 45% 55% 78% Thane JDA's Thane JDA's JDA projects already account for 56% of annual pre-sales 2 year ahead of schedule in FY26 19
Slide 21: Constructing Success: Summarising the Strategy
Constructing Success: Summarising the Strategy Annual Pre Sales Continued focus on Growth MMR/ Pune Market ~20% JDA Led Annual Revenue Capital Light Business Model Growth ~20% Creating product brands ROCE ~20% Operational Intensity 20
Slide 22: ESG (Environment, Social, and Governance)
ESG (Environment, Social, and Governance) ENVIRONMENT (E) SOCIAL (S) GOVERNANCE (G) ✓ Ensured that no operations or construction ✓ Zero Fatalities reported for 5 years ✓ Board members with rich and diverse occur in ecologically sensitive areas. ✓ Women-Brigade Initiative to empower experience, safeg
Slide 23: Financials
| Financials RayMond |rearty
Slide 24: Like-to-Like comparison: Post Demerger
Like-to-Like comparison: Post Demerger Q4FY26 & FY26 In ₹ Crores Q4FY25 *YoY Change * Profit & Loss Statement Q4FY26 Q3FY26 FY26 FY25 *YoY Change Revenue from operations 1,157 758 766 51% 2,991 2,320 29% Other income 19 8 4 49 31 Total Income 1,176 766 770 53% 3,039 2,351 29% Expenses 923 666 600 2,
Slide 25: Like-to-Like comparison: Post Demerger
Like-to-Like comparison: Post Demerger FY26 In ₹ Crores * Balance Sheet (Abridged) FY26 FY25 Non-Current Assets 369 204 Current Assets 6,692 3,230 Total Assets 7,061 3,434 Equity 1,567 1,268 Non-Current Liabilities 3,617 141 Current Liabilities 1,877 2,025 Total Liabilities 7,061 3,434 * These figur
Slide 26: Like-to-Like comparison: Post Demerger
Like-to-Like comparison: Post Demerger FY26 In ₹ Crores * Cash Flows FY26 FY25 * Opening Balance 600 579 Total Inflow 1,759 1,893 Approval Costs (1,207) (443) Construction Costs (956) (759) Sales, Marketing, Admin, Employee & Other Costs (649) (628) Total Outflow (2812) (1,830) Net Operating Cash Fl
Slide 27: Operational Cashflow for Growth
Operational Cashflow for Growth In ₹ Crores Monetisation Progress of Launched Projects Q4FY26 Pending Collection from Sold Inventories 4,000 Gross Debt - ₹ 1014 Estimated Value of Unsold Inventory 14,098 Total Estimated Collection 18,098 Gross Cash - ₹ 358 Remaining Estimated Project Cost 9,573 Est.
Slide 28: Strong Execution Track Record
Strong Execution Track Record In ₹ Crores 5 Yr CAGR – No of Bookings 5 Yr CAGR – Booking Value 18% 50% 1,354 3,023 1,034 2,249 2,314 1,003 938 701 1,609 455 963 399 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 5 Yr CAGR – Reported Revenue 5 Yr CAGR – Customer Collections 84% 46% 1,887
Slide 29: Management Team
| Management Team RAYMON|REALty
Slide 30: Raymond Group Led by Chairman Gautam Hari Singhania
RaymondGroup Ledby “The future lies in imagining the unimaginable!!! At Reimagined Raymond, We aspire to achieve just the same. We aim to create not just offerings but an organization built for the future.” GAUTAM HARI SINGHANIA Chairman
Slide 31: Board Members
Board Members KUMMAMURI NARASIMHA ASHISH KAPADIA HARMOHAN SAHNI MURTHY GAUTAM TRIVEDI Non - Executive Independent Managing Director Independent Director Non - Executive Director Director 30+ years of experience in the Real Estate 40+ years of Finance & Governance 30+ years of experience in Investmen
Slide 32: Our Leadership Team
OurLeadership Team HARMOHAN SAHNI SANDEEP MAHESHWARI ANKUR JINDAL Managing Director Chief OperatingOfficer Chief Financial Officer A qualified Chartered Accountant with over 30 A qualified Civil Engineer & MBA with over 35 A qualified Chartered Accountant with over 24 years of formidable experience
Slide 33: Our Leadership Team
Our Leadership Team SHILPA SHINDE KHOJESHWAR KAUSHIK ULHAS BHOSALE Head - Design Development Head - Contracts & Procurement Head - Legal A qualified Architect with over 20 years of A qualified Civil Engineer & MBA in Finance, with A qualified lawyerwith over 25 years of experience in experience acro
Slide 34: Annexures
Annexures 1. Booking Update of Ongoing Projects - (Page 30-34) 2. Project Status - (Page 35-44) 33
Slide 35: Booking Update of Ongoing Projects
Booking Update of Ongoing Projects
Slide 36: Existing Projects Booking Update: Thane
Existing Projects Booking Update: THANE 3 towers with Project Till Particulars Q4FY25 Q3FY26 Q4FY26 RERA Carpet Area Date % ~0.8 Mn sq.ft. No of Bookings 0 0 92 92 RERA Carpet Area* 0.00 0.00 0.06 0.06 LAUNCHED & Total Units Planned: Value of Bookings (Cr.) 0 0 139 139 & UNITS SOLD1 1113 ~12% Custom
Slide 37: Existing Projects Booking Update: Thane
Existing Projects Booking Update: THANE 02 towers with Project Till Particulars Q4FY25 Q3FY26 Q4FY26 RERA Carpet Area Date ~0.7 Mn sq.ft. No of Bookings 10 1 1 543 % Total Units Planned: RERA Carpet Area* 0.02 0.00 0.00 0.68 UNITS SOLD & 552 Value of Bookings (Cr.) 33 6 8 1,464 ~98% (5BHK & above: 4
Slide 38: Existing Projects Booking Update: Thane
Existing Projects Booking Update: THANE 1 tower with Project Till Particulars Q4FY25 Q3FY26 Q4FY26 RERA Carpet Area Date ~0.2 Mn sq.ft. No of Bookings 12 7 1 88 % RERA Carpet Area* 0.03 0.02 0.00 0.20 UNITS SOLD Total Units Planned: & Value of Bookings (Cr.) 65 38 5 476 ~86% 102 Customer Collections
Slide 39: Existing Projects Booking Update: JDA's
Existing Projects Booking Update: JDA’s 8 towers with Project Till Particulars Q4FY25 Q3FY26 Q4FY26 RERA Carpet Area Date % ~0.7 Mn sq.ft. No of Bookings 47 41 69 458 Total Units Planned: RERA Carpet Area* 0.04 0.04 0.05 0.38 LAUNCHED 805 Value of Bookings (Cr.) 149 134 196 1,455 & UNITS SOLD1 (4BHK
Slide 40: Existing Projects Booking Update: JDA's
Existing Projects Booking Update: JDA’s 6 towers with Project Till Particulars Q4FY25 Q3FY26 Q4FY26 RERA Carpet Area Date % ~0.3 Mn sq.ft. No of Bookings 0 28 36 64 RERA Carpet Area* 0.00 0.04 0.03 0.07 LAUNCHED Total Units Planned: 239 Value of Bookings (Cr.) 0 224 180 404 & UNITS SOLD1 (4.5BHK & a
Slide 41: Project Status
| Project Status RayMond |rearty
Slide 42: Aspirational: Ten X Habitat (Thane)
Aspirational: Ten X Habitat (Thane) KEY HIGHLIGHTS: • 5-acre landscape • 10 towers offering 1 & 2 BHK apartments with cross-ventilation • 50,000+ sq.ft. clubhouse • 50+ amenities PROJECT STATUS: • OC received for all towers Total Rera Carpet Area: ~1.7 msf % Sold: ~99% 41
Slide 43: Aspirational: Ten X Era (Thane)
Aspirational: Ten X Era (Thane) KEY HIGHLIGHTS: • 3 towers, centrally located next to Lakeshore Mall (Viviana) • Efficiently planned 2 and 3 BHK Vaastu compliant homes • 26,500 sq.ft. clubhouse • 40+ indoor and outdoor amenities PROJECT STATUS: • Tower (A) - 36th floor slab WIP • Tower (B) – Above t
Slide 44: Premium: The Address by GS-S1 (Thane)
Premium: The Address by GS-S1 (Thane) KEY HIGHLIGHTS: • 1.4 acres of landscape • 2 towers offering premium 3, 4, 5 & 6 BHK apartments • 45,000 sq.ft. clubhouse • Host of amenities PROJECT STATUS: • Tower (A) - External & internal finishing & MEP WIP • Tower (B) - External & internal finishing & MEP
Slide 45: Premium: The Address by GS-S2 (Thane)
Premium: The Address by GS-S2 (Thane) KEY HIGHLIGHTS: • 3 towers offering premium 3, 4, 5 & 6 BHK apartments with expansive decks • Podium top landscape amenities PROJECT STATUS: • Tower (C) – 26th floor slab WIP • Tower (D) - 20th floor slab WIP • Tower (E) - Podium 5 slab WIP Total Rera Carpet Are
Slide 46: Luxury: Invictus by GS – Tower A (Thane)
Luxury: Invictus by GS – Tower A (Thane) KEY HIGHLIGHTS: • 4.5 - BHK home spaces • Exclusive Tower Amenities • 25,000 sq.ft. clubhouse PROJECT STATUS: • 19th floor slab WIP Total Rera Carpet Area: ~0.2 msf % Sold: ~86% 45
Slide 47: Commercial Retail: Park Avenue (Thane)
Commercial Retail: Park Avenue (Thane) Total Rera Carpet Area: ~0.08 msf % Sold: ~88% 46
Slide 48: Premium: The Address by GS - S3 (Thane)
Premium: The Address by GS - S3 (Thane) KEY HIGHLIGHTS: • 4 towers offering premium 3, 4, 5 & 6 BHK apartments • Podium top landscape amenities • ~14,500 sq.ft. of High Street Retail PROJECT STATUS: • Tower (F) – Excavation completed Total Rera Carpet Area: ~1.5 msf % Sold: ~34% 47
Slide 49: Luxury: Invictus by GS Tower B (Thane)
Luxury: Invictus by GS Tower B (Thane) KEY HIGHLIGHTS: • 4.5 - Bed home spaces • Exclusive Tower Amenities PROJECT STATUS: • Tower (B) – Excavation in progress Total Rera Carpet Area: ~0.3 msf % Sold: ~18% 48
Slide 50: Premium, JDA Project: The Address by GS (Bandra)
Premium, JDA Project: The Address by GS (Bandra) KEY HIGHLIGHTS: • 8 towers offering opulent 2, 3 & 4 BHK apartments with Private Sundeck • Portuguese-inspired architecture design features • 30+ landscape & clubhouse amenities PROJECT STATUS: • Tower (A) – Stilt Floor slab WIP • Tower (B) – Ground f
Slide 51: Luxury, JDA Project: Invictus by GS (BKC)
Luxury, JDA Project: Invictus by GS (BKC) KEY HIGHLIGHTS: • 6 towers offering premium 3 & 4 BHK apartments – • Exclusive Tower Amenities PROJECT STATUS: • Tower A,B,C,D & F – Launched • Shore piling & Barricading work in progress Total Rera Carpet Area: ~0.3 msf % Sold: ~38% 50
Slide 52: Disclaimer
Disclaimer The particulars of this presentation contain statements related but not limited to revenues, financial results and supplemental financial information which has been compiled by the management, not to be construed as being provided under any legal or regulatory requirement and are not inte
Slide 53: Thank You
THANK YOU Contact Us: RRL.IR@raymond.in 52