Raymond Realty Reports Strong FY26 Financials: INR 304.59 Crore Net Profit and 31% Booking Value Growth
Raymond Realty, a prominent player in the Indian real estate market, has reported a robust performance for the fiscal year 2026 (FY26). According to its latest regulatory filing, the company achieved a net consolidated profit of INR 304.59 crore. This impressive financial outcome was supported by a total income of INR 3,039.42 crore, reflecting consistent demand in the residential segment and significant progress across ongoing developments.
In the final quarter of the financial year, Raymond Realty posted a total income of INR 1,176.80 crore, with a profit after tax of approximately INR 161.12 crore. The quarterly performance underscores the company's enhanced execution capabilities and revenue recognition from key projects, particularly in the Mumbai Metropolitan Region (MMR), where Raymond Realty has a strong market presence.
Sales performance remained robust throughout the year. The booking value surged by 31% year-on-year to INR 3,023 crore, compared to INR 2,314 crore in the previous financial year. Pre-sales in the last quarter reached INR 1,519 crore, more than doubling from the previous year, indicating a steady and growing demand for the company's residential offerings and timely project launches.
The company’s management highlighted that FY26 marked a significant shift from planning stages to active execution across multiple projects. They emphasized that the strong pre-sales numbers reflect the company's ability to cater to different micro-markets through its joint development agreement (JDA) model. This model allows for expansion without incurring heavy upfront land costs, thereby optimizing resources and enhancing project viability.
Customer collections for the year stood at INR 1,725 crore, slightly lower than the INR 1,887 crore reported in FY25. This marginal dip in collections is attributed to timing differences in cash inflows as projects progress through various stages of construction, despite the higher booking values.
The board of directors recommended a dividend of 20%, equivalent to INR 2 per equity share of face value INR 10 for FY26. This decision underscores the company’s confidence in its financial stability and cash flow management.
Raymond Realty’s total development portfolio has expanded to around INR 42,000 crore in gross development value. This portfolio includes a mix of ongoing and upcoming projects, providing the company with a clear visibility for future revenue streams. The company has been strategically focusing on an asset-light approach, primarily through joint development deals, especially in and around Thane and other parts of the Mumbai region.
The strong performance follows the demerger of the real estate business from Raymond Ltd in the previous year, which allowed Raymond Realty to operate independently and focus on scaling its real estate operations. Over the past few quarters, the company has been actively increasing its project pipeline and strengthening its position in the mid-income and premium housing segments.
Looking ahead, Raymond Realty remains committed to leveraging its robust financial position and strategic partnerships to drive further growth and deliver value to its stakeholders.
