Financials Raymond Limited Bombay S.E.

Equities

RAYMOND

INE301A01014

Textiles & Leather Goods

Market Closed - Bombay S.E. 23:47:19 2024-05-08 EDT 5-day change 1st Jan Change
2,181 INR +0.14% Intraday chart for Raymond Limited -5.45% +26.28%

Valuation

Fiscal Period: Marzo 2019 2020 2023 2024 2025 2026
Capitalization 1 49,811 14,419 81,356 145,211 - -
Enterprise Value (EV) 1 49,811 14,419 57,865 120,385 139,485 145,211
P/E ratio 29.6 x 7.15 x 15.4 x 7.35 x 16.2 x 14.3 x
Yield 0.37% - 0.25% 0.21% 0.28% 0.21%
Capitalization / Revenue 0.76 x 0.22 x 0.99 x 1.33 x 1.44 x 1.27 x
EV / Revenue 0.76 x 0.22 x 0.7 x 1.33 x 1.38 x 1.27 x
EV / EBITDA 8.64 x - 4.82 x 9.2 x 9.25 x 8.39 x
EV / FCF -474 x - 8.41 x 28.6 x 12.8 x 11.7 x
FCF Yield -0.21% - 11.9% 3.49% 7.8% 8.57%
Price to Book 2.45 x 0.61 x 2.81 x 3.23 x 2.67 x 2.29 x
Nbr of stocks (in thousands) 61,381 64,719 66,574 66,574 - -
Reference price 2 811.5 222.8 1,222 2,181 2,181 2,181
Announcement Date 19-04-30 20-06-29 23-05-09 24-05-03 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Marzo 2019 2020 2022 2023 2024 2025 2026
Net sales 1 65,823 64,824 - 82,147 90,195 101,062 114,569
EBITDA 1 5,768 - - 11,994 13,091 15,087 17,316
EBIT 1 3,803 - - 9,641 10,254 11,880 13,536
Operating Margin 5.78% - - 11.74% 11.37% 11.75% 11.81%
Earnings before Tax (EBT) 1 2,604 1,589 - 7,219 8,925 11,346 13,522
Net income 1 1,680 1,961 2,604 5,289 16,378 8,529 10,302
Net margin 2.55% 3.03% - 6.44% 18.16% 8.44% 8.99%
EPS 2 27.37 31.16 - 79.45 246.1 134.5 152.2
Free Cash Flow 1 -105.2 - - 6,879 5,145 10,880 12,439
FCF margin -0.16% - - 8.37% 5.74% 10.77% 10.86%
FCF Conversion (EBITDA) - - - 57.35% 40.89% 72.11% 71.84%
FCF Conversion (Net income) - - - 130.05% 31.62% 127.57% 120.75%
Dividend per Share 2 3.000 - - 3.000 4.567 6.000 4.500
Announcement Date 19-04-30 20-06-29 22-05-16 23-05-09 24-05-03 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Marzo 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 - 21,682 21,502 17,715 22,030 23,350 25,720
EBITDA 1 - 3,192 3,368 1,966 3,212 3,456 4,214
EBIT - - - - - - -
Operating Margin - - - - - - -
Earnings before Tax (EBT) 1 - 2,177 1,599 1,030 2,408 2,661 3,126
Net income 1 1,588 948.4 1,944 10,653 1,793 1,999 2,390
Net margin - 4.37% 9.04% 60.14% 8.14% 8.56% 9.29%
EPS - 14.25 29.19 - - - -
Dividend per Share - - - - - - -
Announcement Date 22-11-03 23-02-01 23-05-09 23-08-11 - - -
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: Marzo 2019 2020 2022 2023 2024 2025 2026
Net Debt 1 - - - - 2,081 - -
Net Cash position 1 - - - 23,491 - 5,726 -
Leverage (Debt/EBITDA) - - - - 0.1654 x - -
Free Cash Flow 1 -105 - - 6,879 5,145 10,880 12,439
ROE (net income / shareholders' equity) 8.72% 9.06% - 17.2% 25.7% 16.8% 18.2%
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share 2 332.0 367.0 - 436.0 674.0 816.0 954.0
Cash Flow per Share - - - - - - -
Capex 1 2,612 - - 1,163 3,011 1,750 2,000
Capex / Sales 3.97% - - 1.42% 3.36% 1.73% 1.75%
Announcement Date 19-04-30 20-06-29 22-05-16 23-05-09 24-05-03 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
2,181 INR
Average target price
2,443 INR
Spread / Average Target
+12.00%
Consensus

Quarterly revenue - Rate of surprise

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