Raymond Limited · NSE:RAYMOND
Raymond — Q3 FY26 Earnings Presentation
36 slides from Raymond's earnings presentation, Jan 27, 2026
Slide 1: Exchange filing cover letter
RL/SE/25-26/82 January 27, 2026 To The Department of Corporate Services - CRD The National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor P.J. Towers, Dalal Street Bandra-Kurla Complex Mumbai - 400 001 Bandra (East), Mumbai - 400 051 Scrip Code: 500330 Symbol: RAYMOND Dear Sir
Slide 2: Q3FY26 & 9MFY26 Results Presentation
Q3FY26 & 9MFY26 RESULTS PRESENTATION JANUARY 27, 2026 1
Slide 3: Table of Contents
Table of Contents 01 Overview 3-7 02 Consolidated Highlights 8-12 03 Aerospace & Defence Business 13-20 Precision Technology & Auto 21-29 04 Components Business 05 Management Team 30-35 2
Slide 4: Overview
OVERVIEW 3
Slide 5: Group Overview
Group Overview B2C Branded Textiles Branded Apparel B2B High Value Cotton Garmenting Shirting Own Land Raymond (Thane) Group JDA’s Precision Technology and Auto Components Aerospace & Defence 4
Slide 6: Journey so far
Journey so far 1984 1st in India to supply 2005 to Bosch, Germany MPPL forays into 1977 Aerospace 2025 Raymond Group acquired Commenced Ring Plus Aqua Restructured into Production for Files two subsidiaries: (name was Hindustan 2025 1973 files limited till 2009) New Plant 2012 Inaugurated at MPP Sin
Slide 7: Global Presence
Global Presence EUROPE Exports Percentage Industrial and Automotive - 62% CANADA Tools and Hardware - 43% Aerospace – 90% Warehouses EUROPE - 6 USA - 3 USA CANADA & MEXICO - 1 each JAPAN 6 MEXICO 11 INDIA SOUTH AMERICA AUSTRALIA 17 Our Manufacturing locations AFRICA Warehouse Automotive Tools & Aer
Slide 8: Leveraging Combined Infrastructure
Leveraging Combined Infrastructure JK Maini Precision Technology Limited JK Maini Global Aerospace Limited (JKMPTL) (JKMGAL) Operates across 7 decades 17 Manufacturing Facilities 100+ Customers 8 different of Experience across 4 locations 25+ Countries Industry Segments 12 3PL Warehouses 500+ Twenty
Slide 9: Consolidated Highlights
Rayimona LIMITED CONSOLIDATED HIGHLIGHTS
Slide 10: Consolidated Performance Snapshot
Consolidated Performance Snapshot TOTAL INCOME EBITDA PBT ₹580 Cr. ₹83 Cr. ₹24 Cr. Q3 FY26 14.3% 4.2% YoY: 18% YoY: 27% YoY: 102% NET CASH SURPLUS ₹1,699 Cr. ₹250 Cr. # ₹74 Cr. ₹214 Cr. 9M FY26 14.7% 4.3% YoY: 13% YoY: 5% YoY: -7% RAYMOND LIMITED CONTINUES TO REMAIN NET CASH SURPLUS # Includes a one
Slide 11: Consolidated Performance Trends
Consolidated Performance Trends TOTAL INCOME (₹ Cr.) EBITDA & EBITDA Margin (₹ Cr.) * Y-o-Y Growth 13% 15.8% Y-o-Y Growth 300 16. 0% 5% 15. 5% 250 14.7% 15. 0% 200 14.3% 14. 5% 14.1% 14. 0% Y-o-Y Growth 150 1,699 13.3% 18% 13. 5% 1,504 Y-o-Y Growth 237 250 27% 100 13. 0% 12. 5% 493 564 580 50 83 65
Slide 12: Profit & Loss Statement
Profit & Loss Statement Consolidated Performance YoY YoY Particulars (₹ Cr.) Q3FY26 Q2FY26 Q3FY25 9MFY26 9MFY25 Change Change Revenue from operations 557 528 466 1,609 1,390 Other income 23 36 27 90 114 Total Income 580 564 493 18% 1,699 1,504 13% Expenses 497 484 427 1,450 1,267 EBITDA 83 79 65 27%
Slide 13: Segmental Breakup
Segmental Breakup Segmental Performance REVENUE EBITDA EBITDA % Particulars (₹ Cr.) 9M FY26 9M FY25 YoY 9M FY26 9M FY25 YoY 9M FY26 9M FY25 Precision Technology & Auto Components 1,225 1,091 12% 156 113 38% 12.7% 10.4% Aerospace & Defense 273 204 34% 57 43 34% 20.9% 20.8% Others 201 208 (3%) 36 81 (
Slide 14: Aerospace & Defence Business
AEROSPACE & DEFENCE BUSINESS 13
Slide 15: Indian Aerospace Components Market all set to Take Off
Indian Aerospace Components Market all set to Take Off India’s Share in Global Aerospace Factors Driving the Indian Components Market Aerospace Components Market Global Aircraft Sales on Rise (a) To reach $210 Bn by 2027 growing at a CAGR of 4.3%, with Asia Pacific dominating majority of the sales.
Slide 16: Dominating the Indian Aerospace Market
Dominating the Indian Aerospace Market As the leading exporter of highly critical Aero engine components Expertise in Precision 1,200+ 350+ 25+ 2 Decades Manufacturing for the Precision Aero Parts of Latest Global Aero Relationship with Aerospace Sector Engine Parts LEAP Engines Components Top Aero
Slide 17: One-stop Solution for Aircraft Components
One-stop Solution for Aircraft Components Structure Components – 16% Complex Engine Parts (75%+) Structural Parts (15%+) Swinging Links Tank Drag Strut Hook Assembly Assembly Turbine Housing Fuel System Vanes Assembly Cylinder Rings Pylon Fuel Control Body insert Stator Blade Assembly Assembly Syste
Slide 18: Engineering Prowess
Engineering Prowess 20 State-of-the-Art Machines: Exclusively dedicated to New Product From Design to Build: Our team of seasoned professionals is committed at Development (NPD), enabling complex machining and precision engineering every stage of the product lifecycle, ensuring seamless integration
Slide 19: Complex Engine Parts – Nozzle Guide Vanes
Complex Engine Parts – Nozzle Guide Vanes • Leap 1A • Low Pressure Turbine – Stage 6 & Stage 7 • Dedicated facility to make 8000 units per year • Material: Rene 77 • Honeycomb & Sheetmetal Assembly through welding & brazing Vacuum Brazing EDM 5 Axis Grinding TIG Welding 18
Slide 20: Raw Material Portfolio
Raw Material Portfolio 500 Tonnes of Annual Consumption Weight - wise Value - wise 1% 1% 1% 1% 0% Steel Inconel 9% 0% 4% 3% Inconel 6% Steel 15% Aluminium Titanium 44% 13% Titanium Aluminium 51% Casting Casting Cobalt Cobalt 21% 30% Al_Ni_Bronze Titanium Forging Titanium Forging Al_Ni_Bronze 110 Var
Slide 21: Segmental Financials
Segmental Financials Aerospace & Defence Q3FY26 Q3FY25 YoY 9MFY26 9MFY25 YoY 1. The Segment Witnessed a robust revenue growth of 49% in Q3F26 vs Revenue 105 70 49% 273 204 34% PY. This growth was fueled by: EBITDA 19 14 39% 57 43 34% EBITDA Margin 18.6% 19.8% 20.9% 20.8% o Production ramp ups at key
Slide 22: Precision Technology & Auto Components Business
PRECISION TECHNOLOGY & AUTO COMPONENTS BUSINESS 21
Slide 23: India's Engineering Industry Overview
India’s Engineering Industry Overview Factors Driving the Indian Engineering Consumables Market Engineering Sales on Rise (a) India exports over $20 Bn of auto components annually, with a balanced trade ratio and growing demand from Europe and Southeast Asia. OEM Market (b) To grow at a CAGR of ~4.7
Slide 24: India & Beyond
Market Leadership in Engineering Consumables: India & Beyond As one of India’s leading suppliers of high-end precision components 2,000+ 100+ 18+ 7 Decades Expertise in Precision Technology Auto Components Large Customers Trusted Tier-1 supplier with Global Customer and Auto Components Manufactured
Slide 25: Market Leader across Product Segments
Market Leader across Product Segments STEEL FILES STEEL FILES RING GEARS FLEX PLATES #1 in India #1 in Global #1 in India Sole Domestic with 60%+ Installed Capacity with Market Manufacturer with Market Share with ~25% Market Share: ~25% Market Share Share in India Steel Files Ring Gears Flex Plates
Slide 26: Further Expanding Capabilities and Product Lines
Further Expanding Capabilities and Product Lines Clean Powertrain: Delivering high- EV & Hybrid: Developing advanced Hydraulics: Manufacturing precision precision components for clean and complex precision components components for critical hydraulic assemblies powertrain which comply to latest for
Slide 27: Engineering - Product Portfolio
Engineering - Product Portfolio Clean Powertrain Electric and Hybrid Hydraulics and Industrial 1. Oil sleeve 1. Cradle 1. GDI Pump body 350 Bar (Machined Forging) 2. Support bracket 2. Bearing journal 2. GDI Pump body 600 Bar (Machined Forging) 3. BLDC Upper hub cover 3. ELSD housing & Plate 3. GDI
Slide 28: Segmental Financials
Segmental Financials Precision Technology & Q3FY26 Q3FY25 YoY 9MFY26 9MFY25 YoY 1. The Segment Witnessed a growth of Auto Components Revenue 417 363 15% 1,225 1,091 12% 15% in Q3F26 vs PY: This growth was EBITDA 57 38 51% 156 113 38% fueled by: EBITDA Margin 13.7% 10.4% 12.7% 10.4% o Auto Components
Slide 29: Current Status of Operations & Outlook
Current Status of Operations & Outlook JK Maini Precision Technology JK Maini Global Aerospace Limited (JKMPTL) Limited (JKMGAL) ➢ JKMGAL was recognized by a leading global engine manufacturer ➢ A leading Auto Tier-1 awarded JKMPTL with the Long Standing with the Best Kaizen award during the quarter
Slide 30: Sustainability
Sustainability Solar Power Paperless Factory Transportation Auto Lighting Emission reductionby using solar Paperlessfactoryby introducing Optimizingthe transportationby Sensor installation in power.Maini used 11.5 Mn units IOT (internet ofthings) groupingtheproducts andpeople meetingroomand office f
Slide 31: Management Team
Rayimona LIMITED MANAGEMENT TEAM 30
Slide 32: Q3FY26 & 9MFY26 Performance
Q3FY26 & 9MFY26 Performance “Despite a tightening competitive landscape, our core businesses in Aerospace, Defence, and Precision Technology achieved record sales performance this period. We remain committed to our strategic roadmap, prioritizing high-value expansion in sectors with significant barr
Slide 33: Management Team
Management Team S.L. POKHARNA RAKESH TIWARY K.A. NARAYAN President - Corporate Commercial Group CFO President - HR Raymond Ltd. Ex - Adani Group, JSW Steel, Reliance & Indian Oil Ex - Wokhardt JATIN KHANNA GAUTAM MAINI NAVIN SHARMA Head - Corporate Development MD - Engineering Business CFO - Enginee
Slide 34: Board Members
Board Members HARMOHAN SAHNI DINESH KUMAR LAL NARASIMHA MURTHY KUMMAMURI ASHISH KIRAN KAPADIA Non-Executive Director Independent Director Independent Director Independent Director GAUTAM HARI SINGHANIA Chairman & Managing Director RASHMI BRIJGOPAL AJOY MEHTA TIKKA SINGH MUNDADA Additional Director (
Slide 35: 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 36: Thank You
Thank You Contact Us : RL.IR@Raymond.in 35