Raymond shares will be under the spotlight as the company’s board of directors on Monday, May 25, approved raising of funds through the issuance of up to 66,57,373 warrants on a preferential basis.
The warrants will be issued at a price of ₹497 per warrant, including a premium of ₹487, aggregating up to ₹330.88 crore. The proposed allotment will be made to JK Investors (Bombay) Limited, a promoter group entity, subject to shareholder and regulatory approvals.
The company stated that each warrant is convertible into one fully paid-up equity share of face value ₹10. The conversion can be exercised in one or more tranches within a period of 18 months from the date of allotment.
It added that any warrants remaining unconverted after the specified period will lapse, and the amount paid by the warrant holder on such warrants will be forfeited.
“The tenure of the Warrants shall not exceed 18 months from the date of allotment. Each warrant shall carry a right to subscribe to 1 (one) equity share, which may be exercised in one or more tranches. In the event the Warrant Allottee does not exercise the Warrants within the aforesaid period, the unexercised Warrants shall lapse and the amount paid by the Warrant Allottee shall stand forfeited,” Raymond said in a regulatory filing.
Raymond Q4 earnings
Raymond had reported a decline of 53% in its consolidated net profit to ₹11.93 crore in the March quarter of the financial year 2025-26, on a year-on-year basis. It had posted a consolidated net profit of ₹25.42 crore in the January-March quarter a year ago.
Its revenue from operations increased 8.15% to ₹602.91 crore in the final quarter of FY26, compared to ₹557.46 crore in the year-ago period.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) fell 14% to ₹85 crore in the quarter under review as against ₹99 crore in Q4 FY25, according to an exchange filing. EBITDA margin was at 13.9% vs 16.4% a year back.
Raymond demonstrated steady growth in the reporting quarter, with total income of ₹613 crore, showing a 1.8% increase over the previous year.
The company had said that it continues to remain net-debt-free, ending the year with a net cash surplus of ₹68 crore, offering the financial flexibility required to fund future organic and inorganic growth opportunities.
Raymond share price
On Monday, Raymond shares closed at ₹558.90 apiece on the National Stock Exchange, rising 1.09%.
Over a month’s time, the stock has gained 21%, while it has jumped over 15% in the last six months. From the beginning of the year, Raymond shares have climbed 31%, while they have tumbled 11% on a year-on-year (YoY) basis.
The company has a market capitalisation of ₹3,714.81 crore.
Shares of the company had touched their one-year high of ₹783.90 apiece on July 2, 2025, while their 52-week low of ₹320 was hit on March 30, 2026.