Key Highlights
• Total
Income of ₹ 1,560 Cr in Q1 FY27 vs. ₹ 1,475 Cr in Q1 FY26,
6% Y-o-Y growth • EBITDA at ₹ 135 Cr in Q1 FY27 vs. ₹ 122 Cr
in Q1 FY26, 11% Y-o-Y growth
• EBITDA Margin at 8.6% in Q1 FY27 vs 8.2% in Q1 FY26,
improved by 40 bps
• Net Working Capital days improved to 75 days in Q1 FY27 vs
90 days in Q1 FY26
•
Retail Network Optimization continues with a count of 1,627 stores as on
June’26 • Continue to remain Debt Free – with Net Cash Surplus of ₹ 154 Cr
Mumbai,
01st August 2026: Raymond Lifestyle Limited today announced its
unaudited financial results for the quarter ended 30th June 2026.
|
Particulars (₹ Cr.) |
Q1 FY27 |
Q1 FY26 |
YoY |
|
Total Income |
1,560 |
1,475 |
6% |
|
EBITDA |
135 |
122 |
11% |
|
EBITDA Margin % |
8.6% |
8.2% |
|
|
PBT (before exceptional items) |
(38) |
(25) |
|
|
PBT Margin (before exceptional items) |
(2.5%)
|
(1.7%)
|
|
Raymond Lifestyle
Limited demonstrated a sustained momentum in Q1 FY27, delivering a Total
Income of ₹ 1,560 Cr, representing a ~6% Y-o-Y growth compared
to ₹ 1,475 Cr in Q1 FY26. This performance was led by premiumization in the
domestic business and significant volume recovery in the Garmenting business,
buoyed by the US – India Tariff rationalisation and the implementation of UK
FTA, resulting in a robust order book. This year’s revenue of Branded Textile
and High Value cotton shirting segment was lower compared to the previous year
due to a base effect. EBITDA for Q1 FY27 was at ₹135 Cr, representing
a 11% Y-o-Y growth with an EBITDA margin of 8.6%.
Q1 FY27Segmental Performance
Branded Textile segment
revenue was at ₹ 684 Cr in Q1 FY27 vs ₹ 699 Cr in Q1
FY26 on account of previous year’s base effect. EBITDA was at ₹ 95 Cr
in Q1 FY27 as compared to ₹ 107 Cr in Q1 FY26, with EBITDA margin
of 13.9% in Q1 FY27 vs 15.3% in Q1 FY26 due to scale
deleverage. In spite of inflationary pressures affecting raw material prices,
overall product mix remained resilient.
Branded Apparel segment
revenue stood at ₹ 349 Cr in Q1 FY27 as compared to ₹
335 Cr in the same quarter last year, reflecting a growth of 4% Y-o-Y,
however, the growth in our casual brands was in double digits. LFS and online
channels demonstrated a robust performance with a high double-digit growth. The
segment reported an EBITDA of ₹ 18 Cr in Q1 FY27 as compared to ₹
26 Cr in Q1 FY26 with an EBITDA margin of 5.1% in Q1 FY27 vs
7.8% in Q1 FY26 on account of adverse channel mix.
Garmenting segment reported
a stellar performance with revenue of ₹ 296 Cr in Q1 FY27 as
compared to ₹ 197 Crin the same quarter previous year,reflecting a robust
growth of 50% Y-o-Y. Thisimpressive growth was driven by order book
execution following the US-India Tariff rationalisation & onboarding of new
global clients. The segment reported an EBITDA of ₹ 22 Cr in Q1 FY27 as
compared to (₹8 Cr) in Q1 FY26, with an EBITDA margin for the quarter of
7.3% in Q1 FY27 vs (4.1%) in Q1 FY26.
High
Value Cotton Shirting segment reported revenue of ₹ 195 Cr in Q1
FY27as compared to ₹205 Cr in Q1 FY26 on account of previous year’s base
effect. The segment reported an EBITDA of ₹ 19 Cr in Q1 FY27 as
compared to ₹19 Cr in Q1 FY26 due to scale deleverage. EBITDA margin was
at 9.7% in Q1 FY27 vs 9.1% in Q1 FY26, due to improved product
mix despite increased raw material prices.
Emerging
Business (comprising of Ethnix by Raymond, Raymond Home, Park Avenue
Innerwear, Chairman’s Collections and Sexual Wellness) reported revenue of ₹
79 Cr in Q1 FY27 as compared to ₹ 73 Cr in the same quarter previous
year, reflecting a growth of 9% Y-o-Y. We continue with our tactical
investment strategy for this segment to drive long-term growth.
Retail
Footprint & Network Optimization: Our store count at the end of the quarter was 1,627
stores vs. 1,675 stores on June 30, 2025. We are also actively
optimizing our broader network, while, our recently opened stores continue to
mature and build momentum. This ongoing evaluation enables us to maintain a
high-performing retail footprint that directly contributes to our long-term
financial objectives.
Financial Position & ESG Roadmap
Raymond Lifestyle
Limited has a net-cash position of ₹ 154 Cr in Q1FY27 as
compared to a net debt of ₹ 55 Cr in Q1FY26.
We remain steadfast in
advancing our ESG commitments. By 2030, we aim to achieve 40% female
representation alongside environmentalstewardship through Zero Liquid
Discharge and Zero Waste to Landfill initiatives. Our climate
strategy targets a 25% transition to renewable energy and a 15%
reduction in Scope 1 and 2 emissions by 2030. Furthermore, workplace safety
remains a top priority. Driven by robust governance, these initiatives
reinforce our commitment to sustainable growth and long-term stakeholder value.
Commenting
on the performance, Satyaki Ghosh, Wholetime Director & CEO of
Raymond Lifestyle Limited said; “Building on our solid foundation from FY26,
Q1 FY27 has delivered steady performance marked by strong international
traction and sustained domestic demand. Our Garmenting business achieved an
exceptional 50%+ growth, demonstrating the strategic advantages of global trade
tailwinds like the US-India Tariff rationalisation and upcoming FTAs with the
UK and EU. While short-term macroeconomic pressures and elevated raw material costs
have weighed on overall margins, our resilient product mix, debt-free balance
sheet, and strong net-cash position of ₹154 Cr give us immense operational
flexibility. As we navigate the year ahead, we remain focused on strengthening
our brands, innovating on our premium and casual offerings, driving retail
maturity, and executing our long-term ESG and digital priorities to create
sustainable stakeholder value”
About Raymond Lifestyle Limited:
Raymond Lifestyle
Limited is India's largest integrated manufacturer of worsted suiting and high
value shirting fabrics, offering comprehensive products across fabric, apparel
and garmenting. With legacy spanning over a century, the name Raymond is synonymous
with quality, innovation, and market leadership. The company's diverse
portfolio includes some of the most iconic brandsin the industry, such as 'Park
Avenue', 'ColorPlus', 'Parx', 'Raymond Made to Measure',
'Raymond Ready to Wear' and 'Ethnix by Raymond' amongst others.
With one of the largest retail networks in India, Raymond has over 1,600
exclusive stores across 600 cities and towns. In the B2B segment, Raymond
has carved a niche for itself through its garmenting offerings to international
labels for menswear. Having enjoyed the patronage of over a billion consumers,
Raymond as a brand has been consistently delivering world class quality
products to its consumers for 100 years.
Disclaimer:
Certain
statements in this document may be forward-looking statements. Such
forward-looking statements are subject to certain risks and uncertainties like
regulatory changes, local political or economic developments, technological
risks, and many other factors that could cause our actual results to differ
materially from those contemplated by the relevant forward-looking statements.
Raymond Realty Limited will not be in any way responsible for any action taken
based on such statements and undertakes no obligation to publicly update these
forward-looking statements to reflect subsequent events or circumstances.
For further information, please contact:
Shalini Singh
Corporate Communications
Raymond Lifestyle Limited
Tel: 022 6152 7624
Email: shalini.singh@raymond.in