Raymond Share Price Locked In At 5 Per Cent Upper Circuit After Realty Company’s Demerger

Raymond Share News Today: Raymond share price surged 5 per cent on May 14 on the NSE and the stock was locked at the upper circuit of Rs 551.2 apiece on the NSE. Shares of the company gained after the stock turned ex-date for the demerger of Raymond Realty from the Raymond group. Notably, the stock traded 66.05 per cent lower at Rs 525 apiece on the NSE when the market opened after shares of Raymond Realty demerged from the group.

Raymond Share Split

On May 13 the Raymond Ltd informed the exchanges via a filing that as per the company’s Scheme of arrangement eligible shareholders who have Raymond shares will receive one share of Raymond Realty Ltd for each share they own. The demerger of the company took place on May 1 and May 14 was fixed as the record date for the share transfer.

“In accordance with provisions of the Scheme, RRL shall issue and allot 1 (One) fully paid-up equity shares of RRL having face value of INR 10/- each for every 1 (One) fully paid up equity shares of INR 10/- each of RL to the shareholders of the Company whose names are recorded in the register of members and/or records of the depository as on the Record Date (i.e., Wednesday, May 14, 2025),” the company said in the release.

Raymond Realty Shares

The company added that the share transfer is aimed at enhancing investor value. Shares of Raymond Realty are likely to list on the exchanges by the second quarter of FY 2024-25. In a separate filing the company informed the exchanges on April 8 that shares of the company will remain frozen in the depository system till trading permission is given by the stock exchanges.

“The equity shares (New Equity Shares) allotted pursuant to this Scheme shall remain frozen in the depository system till listing/ trading permission is given by the designated Stock Exchange. Further, there shall be no change in the shareholding pattern of Resulting Company between Record Date and the listing of its equity shares (New Equity Shares), which may affect the status of approval of the Stock Exchanges,” Raymond said.

Earlier in June 2024, the company’s lifestyle business, Raymond Lifestyle, was also demerged and listed as a separate entity in September 2024.

Raymond Q4 Results

Raymond Ltd’s consolidated revenue from operations for continuing operations for the quarter ended March 31, 2025 surged by over 109 per cent to Rs 557.46 crore compared to Rs 265.88 crore in March 31, 2024. The company’s revenue from operations for the full fiscal FY 2024-25 also increased by over 100 per cent to Rs 1946.64 crore compared to Rs 972.57 crore in the preceding fiscal.

The consolidated profit-after-tax from continuing operations also increased by more than 100 per cent to Rs 25.42 crore in Q4FY25 compared to Rs 12.65 crore in the corresponding quarter of the preceding fiscal. The company’s profit-after-tax for continuing operations dropped by over 4 per cent to Rs 52.02 crore in FY25 compared to Rs 54.27 crore in FY24.

Raymond Realty Q4 Results

Raymond Realty’s revenue for the fourth quarter of FY 2024-25 grew by 13 per cent to Rs 766 crore compared to Rs 677 crore in the corresponding quarter of the preceding fiscal. For the complete fiscal ended March 31, 2025 the company’s revenue stood at Rs 2,313 growing by 45 per cent compared to Rs 1593 in the fiscal ended March 31, 2024.

The company’s Earnings Before Interest Taxes Depreciation and Amortisation (EBITDA) for the March quarter of FY25 grew by 13 per cent on a year-on-year basis to Rs 194 crore and its EBITDA margin stood at 25.3 per cent in Q4 FY25. For the full fiscal the company’s EBITDA margin surged by over 37 per cent YoY to Rs 507 crore and its EBITDA margin for FY25 stood at 21.9 per cent. The company also posted a booking value of Rs 636 crore in Q4FY25 and Rs 2310 in the full fiscal. Raymond Realty also mentioned that it signed two Joint Development Agreement (JDA) with a Gross Development Value (GDV) of Rs 6,800 crore in the quarter under review.